Quote from: Justine on October 14, 2014, 03:52:04 PM

Quote from: Unbelive on October 14, 2014, 01:15:16 PM

I think is same. top100 holders matter all the rest are peanuts.

If any of top100 holders fart, bitcoin price collapse.

Reason why they will not do something stupid and harm their own financial interest.

Exactly. One nice thing about whales is it's not easy for them to get out without destroying the market causing their own investments to be with less and less. Whales need to be smart and patient when selling otherwise they hurt themselves just as much as everyone else.

A disciplined investor will sell over a LONG period of time in small increments to not make waves and collapse the system. Unlike what I believe happened with that $8mil sell wall that up for a few days, that's just manipulation keeping the price down so they can acquire more at the price they want.