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Author Topic: big BTC players continue accumulation and barely ever sell.  (Read 1678 times)
European Central Bank
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November 12, 2015, 01:37:28 PM
 #21

Won't most of the big addresses be businesses? If I had a lot of coins myself I'd be spreading them far and wide. The last thing I'd want would be a huge pool of them that was constantly being watched and spammed with beggars.

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November 13, 2015, 09:58:38 AM
 #22

if you watch the biggest wallets, those over 1000 coins, who hold almost 50% of all BTC, you know how many they sold in the move from $500 to $300? guess?

28000 coins out of around 7 million. And I bet when the dust settles they will have even more coins than before this sell off.

so.... who do you think is running around like chicken little panic buying and panic selling? it is not the big boys.

big players are doing hold and / or accumulate, and have been for years now, that made my decision to get back into BTC.

Wait until ETF and halving occur, there will be less and less coins around to pump and dump.



I agree. Those with lots Bitcoins will for sure wait for halving before they will want to spend their Bitcoins on bigger scale. I don't think a year more or less matters much to them. I think onyl then wil be bigger movements of Bitcoins in the fatter wallets.

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December 17, 2015, 09:35:12 AM
 #23

Won't most of the big addresses be businesses? If I had a lot of coins myself I'd be spreading them far and wide. The last thing I'd want would be a huge pool of them that was constantly being watched and spammed with beggars.

I don't think so. The businesses which have bitcoin, according to me, don't have any interests to have their coins only in one wallet. If that wallet is hacked (and are hacked even wallets of blockchain.info) mean sure bankruptcy for those (if their business have to do only with bitcoin). They save (and according to me, with much probability, they do this) their coins in to many wallets. In this way are much more sure and much more protected from their possible problems of this kind. Because if one of their wallets is hacked can be lost only the coins within it which are only e few part of the overall amount own by them.
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