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RE: Bitcoin (BTC) Evening Update: An E wave or a D wave?

in #bitcoin7 years ago

I think all these wave things is just crap, crypto works on the greed o f the whales and financial organizations that are in it or want to get in, they are the ones who have the prices going crazy, there is just no way of predicting what happens next because it all rests on the whims of these people..

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Every time a small punter buys some Bitcoin it dilutes the whales hodlings. This will even out eventually as their influence will wane over time. Only a finite amount of coins.