Such whales are the greatest threat to BTC and all crypto market in general because they have so much impact on the industry. When 1 person whoever it is can dump multibillion market when they want it I think that doesn't sound ok.Err, this guy might just have all the bitcoins
A jury decided Craig Wright, who says he created the cryptocurrency, can retain bitcoin worth billions of dollars.www.bbc.co.uk
If he genuinely has that many coins in his possession, he could flood the market whenever he saw fit. That is why I personally invest into this coin.
Funny thing is most will sell off and take a huge loss thinking it's a good move but if they are smart they would hold what they have and just buy the "dip". It always comes back up. I don't see what all the fuss and fear is about now.
Buy the fear, sell the greed!
Can someone sum up what's happening to bitcoin and Ethereum please. In simple terms. Is it expected to climb again?