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RE: What is cryptocurrency Centralised to?

in #vyb • 3 years ago

#topic
💰 Biggest Disclosed Bitcoin Treasuries:

  1. MicroStrategy - 125,051 BTC
  2. Tesla - 43,200 BTC
  3. Terra - 30,727 BTC
  4. Marathon Digital - 8,133 BTC
  5. Square - 8,027 BTC

By next couple of months TerraLuna will be the Biggest #Bitcoin holder.

Bad or good?

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Now micro strategy,luna,el savador etc has have been buying bitcoin lot.
i was first happy and bullwith this ne2s but i realised that they are holding too much which can be a bad news for bitcoin and cause manipulation.

MICRO STRATEGY now holding close to 1% of total btc in circulation and still buying.
am now afraid they don't buy up to 10% and btc being controlled by whales

Dumping by 1% isn't a full even people want to notice that.

Yes 1% is not much but the rate at which they are moving I hope they don't hold up to 10%..

If 20 people hold 1%, it's not a good sign
It start little by little

If you combine all the way together they can all harm bitcoin market

Yes
This is what I also thought of.
Even 100 whale can affect market

Am not saying this for short-term but it's a hindrance for a very very long time of centuries

They can only affect the crypto market through they are influenced they have

Them holding that high number of Bitcoin will definitely give them influence that they need to manipulate

This will affect in more years to come when btc is reducing from circulations through lost btc

All of these has no effect on Bitcoin
It is something that can't be avoided.

It's a choice everyone have

Terra Luna who's on top the list.
I had today get a loan of 10 billion dollars to buy Bitcoin

I don't believe this news
Loan?

Not sure
I just saw it from an unknown source

This news is true
Terra Luna wanna gets loan of 10 million dollars

Not too sure of this news
It's from an unknown source tho

It's not true
Nothing of sort loan

Elsavaldor holds how many?
They buy the most