Bitcoin Wealth Distribution!!!
It is Good Time to Buy Bitcoins. The Market is skewed with mostly buyers. Any incremental demand puts pressure on prices to go up. Considering that about 1,000 people own about 40% of Bitcoin or that about 4% of addresses own about 96% of Bitcoin, there is little Bitcoin being circulated. The daily trading volume is only around 200k Bitcoin out of almost 17 Million total Bitcoin. So it's easy to see how easily Bitcoin spikes with new demand. The large holders aren't selling. The vast majority of Bitcoin will be mined by 2032 totaling approximately 21 million coins, so incremental supply is also limited. So is it too late to buy? I don't think so. But there are going to be some very bumpy rides. It's not difficult for a few hundred top individuals to collude to move the price.
Leave Bitcoin Wealth Distribution!!! to:
Read more #bitcoin posts
Best Posts From Jenny89
We have not curated any of jenny89's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Jenny89
- He’s looking for $30,000,000,Help him for his Cause,,!
- He is most Interesting...!
- Nikos is Youngest Mayor of......Cyprus...!
- Dawn Has 800 Cats....!
- Akiane's Making Millions from her Paintings...!
- Sweden 6 Hour Day...
- I am Thankful Every Day:.....!
- Why we don’t send stuffed animals to travel instead of humans?! And make humans pay for it?!
- Backgammon League! Israel and Palestinians Plays Together...!
- More than 1,000,000 people gone in 100 days.