Price discovery is impossible with the whales controlling 90% of all bitcoins minted. The original intent of bitcoin as a neutral asset disappeared long ago. Those at the top are trying to get more users in to keep it's price (and their investment) stabilized.
This is a good topic of discussion, but it's quite unfortunately as you weren't able to back up your statements with a concrete proof, source or image which justifies that 90% of Bitcoin is actually owned by 2% of the user base, because I, and other members of the bitcointalk forum loves fact, and we would have been very pleased having you dissect this allegation of yours with facts. But however, thou Bitcoin transaction is transparent and can be seen by anyone on it's blockchain, but i doubt if it is is possible to see a hierarchy of users with the highest amount of Bitcoin, as a criiteria to deduce this statement of yours.