Open your eyes!

[JealousCup]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

[1714880419]

1714880419

[1714880419]

1714880419

[longyenthanh]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

It is very likely that it is through banks, investment funds and other whales that the price is now falling so that they can buy coins at low prices. The problem is that nobody known what "low price" is ... 
It is good, that now Bitcoin is more popular, so comes more whales. This will probably mean that the next bubble will be much larger than the previous one.

[bayu7adi]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

means they are whales, is it possible that their rejection of bitcoin is just a drama that has a hidden purpose?
if indeed banks and financial institutions are behind actual bitcoin, that means bitcoin will be there as long as they are still there,

[ATMD]

Do not be afraid that the big players like financial institutions and major organizations will take over, it is better to have them because their possession of btc ensures the price does not crash too much, because if it does even they would lose

[JealousCup]

Do not be afraid that the big players like financial institutions and major organizations will take over, it is better to have them because their possession of btc ensures the price does not crash too much, because if it does even they would lose

How many bank CEOs you know went to jail during the 2008 crisis?

[JealousCup]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

It is very likely that it is through banks, investment funds and other whales that the price is now falling so that they can buy coins at low prices. The problem is that nobody known what "low price" is ... 
It is good, that now Bitcoin is more popular, so comes more whales. This will probably mean that the next bubble will be much larger than the previous one.

It's been low enough for everyone to take action. If we let the banks have full control of cryptos, then they'll be as good as fiduciary currency.

[ATMD]

What is wrong with fiduciary money, it is a type of money all the same. I think what you are saying is you prefer not to let it be regulated by banks and financial institutions, rather you want it to be completely decentralized. I understand your point, but what we can do about it? These guys are powerful and they have strong lobbying power too.

[JealousCup]

What is wrong with fiduciary money, it is a type of money all the same. I think what you are saying is you prefer not to let it be regulated by banks and financial institutions, rather you want it to be completely decentralized. I understand your point, but what we can do about it? These guys are powerful and they have strong lobbying power too.

That's a defeatist attitude right there!
I am glad that there are braver people out there launching projects to change the statu quo.

[Pagoda.to]

Even though they will be buying a ton now that the price is low, I don't believe that will give them any control, they still need people to sell it to and will never be able to have control over your coins.

[ATMD]

Even though they will be buying a ton now that the price is low, I don't believe that will give them any control, they still need people to sell it to and will never be able to have control over your coins.

Exactly, and suppose they do offer you enough money to sell, maybe you might change your mind about holding on to Bitcoin. Do you have sentimental value in keeping Bitcoin, aren't you more interested in making profits?

[MainIbem]

You are very correct. Those panic sellers should open their eyes to see tomorrow. It is the most unintelligent thing to easily throw away an asset like bitcoin because the price is coming down. But you forgot that at the other end, someone is buying bitcoin from you.

[koelen3]

Not neccssarily.  I think many of the main holders who currently hold the largest share would benefit the most and I don't belive that it's large banks and financial institutions really.  I'm not saying they don't have a large share themselves, but not all and likely not that large. 

[eann014]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

means they are whales, is it possible that their rejection of bitcoin is just a drama that has a hidden purpose?
if indeed banks and financial institutions are behind actual bitcoin, that means bitcoin will be there as long as they are still there,

That's true, maybe it is a hidden agenda that makes people fall into some fake news that bitcoin is a hindrance with their business but it is not. So, if bitcoin owns by the bank of any other large financial institutions then for me it is good, once that they are still alive, bitcoin will stay as long they are still there.

[btc-room101]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

means they are whales, is it possible that their rejection of bitcoin is just a drama that has a hidden purpose?
if indeed banks and financial institutions are behind actual bitcoin, that means bitcoin will be there as long as they are still there,

That's true, maybe it is a hidden agenda that makes people fall into some fake news that bitcoin is a hindrance with their business but it is not. So, if bitcoin owns by the bank of any other large financial institutions then for me it is good, once that they are still alive, bitcoin will stay as long they are still there.

Well one certainty is that there are many players, the NSA hates the CIA, the Mossad hates the Catholic Church, the Communist Party despises Taiwan; Iran, NK, & Syria .. Hate the BIS ( bank of banks )

It's clear that Satoshi was working for BIS, its clear that he picked two algo's from NSA to be the basis of his BTC ( secp256k1/sha256 both nsa ), Satoshi dissapeared the day Gavin [2011?] met with CIA; I think that point forward Satoshi knew he had to drop out, he was being watched & future monitored.  Later the CIA would use BITCOIN to fund ISIS via al-cia-duh, ...

BTC since 2010 has been guided by the 'hidden hand',

Now to the point, Bitmain ( Jack-Ma/Alibaba ) is investing in all the crypto's not just BTC, so they're covering their bets, they don't know which will be the winner, BTC was just the first that stuck on the wall, as BTC was not the first crypto, it was just the first to gain traction & hysteria.

We see Venezuela issuing their own oil-crypto, and we see Russia doing the same; Everybody wants some crypto action, and nobody wants another USD fiat currency controlled by the USA, but the funny fact is that FED-RES is actually controlled by the BIS, thus BITCOIN is just a way for BIS to cover their bets to ensure they're master bankers in the future.

The problem is best plans go wrong, as we see now their are many cryptos, and we see BTC market-cap go down, and other cryptos go up; There could just end being a basket of cryptos, and the BIS issuing an SDR to cover them all?

Today we have USA trying to retain its imperial power, we have china trying to escape the yoke, we have russia wanting to be free of bullshit, we have dozens of country's tired of being bullied by USA; Thus a vast majority of the world will not embrace BITCOIN because of its close connection with NSA/BIS historically; Most of the Muslim world ( 1/4+ population ) will not, and certainly the Chinese probably with BCASH, will try to make something completely detached from BTC. In the short term of course everybody was making money, but now that the easy-money on btc has been taken off the table, things will change.

Yes, open your eyes, take the red-pill and end the URBAN MYTHOLOGY of BITCOIN.

Bitcoin, was never designed to be safe, secure, or private. It was designed to enslave and micro-control the world.

Satoshi was a Machiavellian, and NOT a Libertarian.

[pooya87]

do you think bitcoin is using some stupid algorithm like PoS?
no dude, it is not. bitcoin is proof of work and because of that there is no difference between someone who has a large amount of bitcoin or has nothing.

in fact that is one of the biggest flaws in PoS which is why we will never agree about bitcoin switching to anything but the current algorithm. in PoS that most shitcoins use, the person with a lot of stakes (usually the premine of that shitcoin) has the power and becomes like a bank.

so yeah, open your eyes and first learn about the thing you are talking about then start topics like this...

[biskitop]

that is what is commonly called the pope, because when prices rise and demand rises, most holders will be able to control the market by selling their property in large quantities and then a dump occurs. well, at least when this is happening, it's possible.

[Kakmakr]

Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

There are some conspiracy theories going around that the latest drop in the price was due to manipulation by large financial institutions, because they want the price to go down, so that they can buy coins at a much lower price, before it starts to spike again in the near future.

We will never know if some insider trading are done or if someone knows about something that might push the Bitcoin price to the moon in the near future and these people might be behind the latest price drop.

They might even be the same people who were behind the ATH price spike in 2017. 

[btcluisdiki]

I believe that manipulators were involved in the current bearish dip and these could possibly be the big whale investors and banks with bigger amount of btc investments. They wanted btc market to further drop as these whales will be buying more at a lower price and probably would sell when btc is up again. Definitely, I believe that btc market will further rise in the coming months and people should worry too much for it will recover soon.

[btc-room101]

do you think bitcoin is using some stupid algorithm like PoS?
no dude, it is not. bitcoin is proof of work and because of that there is no difference between someone who has a large amount of bitcoin or has nothing.

in fact that is one of the biggest flaws in PoS which is why we will never agree about bitcoin switching to anything but the current algorithm. in PoS that most shitcoins use, the person with a lot of stakes (usually the premine of that shitcoin) has the power and becomes like a bank.

so yeah, open your eyes and first learn about the thing you are talking about then start topics like this...

POS is just another way to screw people, where they have to PAY to play.

Pure BTC was by mining, and that game is now over. BUY BTC with cash is a losers game ( kelley-criterion F=2*P-1; On a 50/50 rigged game you always bet zero, e.g. YOU DON'T PLAY), and it always was, getting BTC for free by mining, was good while it lasted.

Now that MINING is no longer profitable, you can be sure the vampires that run bitcoin will promote POS because they need a new source of blood.

With the collapse of BTC pricing, mining is no longer profitable, and sheep are NOT going to come back with the credit-card purchase being closed, thus POS is the only way to get fools to turn their money over to the exchanges and owners/controllers/whales of the shit-coins.

BTC is what it is, a way for people to move money around, but the exchanges turned BTC into just another Western-Union.

[Roidz92]

Also if this happens, what's the problem if the main holders will be the banks? if the main holders will be the bank, you will be in the 1% of richest people in the world. So, who cares exactly about bitcoin holders at that time?