Post
Topic
Board Bitcoin Discussion
Re: Jeff Garzik's Bitcoin Balance Revealed
by
ajareselde
on 28/06/2014, 14:07:47 UTC
Jeff Garzik recently twitted: "As such, I dare to do what few if any others do: My #bitcoin balance is 348.006 BTC."

https://twitter.com/jgarzik/status/480454809791635456



Well even if it is pretty nice, its nothing compared to big whales.
People need to realise that exchanges are the ones with most bitcoin funds, and unique role to bitcoin price movement.
Imagine all that fees from multi-million tradings happening each day in and out..
Major exchanges can affect the price soly on keeping their profits in bitcoin/ liquidating them for fiat.

cheers