Quote from: Chato1977 on Today at 06:37:27 AM

Quote from: MNbag on October 12, 2021, 03:37:41 PM

40% of all Bitcoins are owned by just 1000 individuals.

This gives them a disproportionate amount of control over the market as they are able to dump them at anytime.

This is not to mention the high proportion of bitcoins held by miners and exchanges, who may have perverse incentives to ensure that as many people buy up bitcoin as possible and hold it for long enough for the price to rise.

Is there any way to deal with the high degree of centralisation that Bitcoin has?

Dont worry those 40% are not getting along with each other to manipulate the market so there is no Centralization happens here.
but what we can do about that? best to be good in TA so it will be be better to find profit on your investments .

What needs to be our concern is how we can follow their step and make a profit. That is important because if we only watch them move the funds without doing anything, we will not be able to make a profit and only regret the opportunity.

To follow their step, we need to learn more in analysis so we can predict where the market will move and maybe we can get some clue about what will they do with the funds.