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Old 01-31-2021, 03:22 AM  
pimpmaster9000
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Join Date: Dec 2011
Posts: 26,732
Quote:
Originally Posted by jscott View Post
When did i post such an article? (Many BTC is lost no doubt, as for how much , that's up to each researcher to come to their own conclusion)

You're implying all Bitcoin is owned by few bcos few wallets hold large amounts of BTC. Obviously false.

What i'm saying is, many of those large Bitcoin wallets are Coinbase, Binance, Blockfi, Grayscale custody wallets. Meaning each of those wallets show huge amounts of Bitcoin, they're actually wallets of their millions of users.

I've said this like 3 times now. Please try your best to understand this.
your claim is false...there are no millions of day/swing traders LOL...its mostly bot money for arbitrage...its what makes prices go up and down in sync between exchanges...people do not generally use exchanges as wallets...do you keep your money on the exchange? no?...didnt think so...
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