I'm not asking for hopium.
As of writing, BITCOIN has a market cap of 550 billion while ETHEREUM has a market cap of 215 billion.
What if rich people already learned their lesson and are already invested this early. This might also explain why these org heads or just plain famous rich people are so vocal about their bitcoin investments and are publicly telling people to either not care or it's a good opportunity to buy now.
With this current high market caps is there even a chance for retailers or the small guys to even push the prices up? At this moment I doubt the top 5-10% of the wealthy are even gonna budge, they'll probably just gonna hold. It looks like they're already at a loss or at least nearing a significant losses.
I'm only thinking of this scenario because the rich guys are being noisy in social media and articles, they're shameless shilling bitcoin and the crypto space as a whole. Everyday there is a hopium article about what these rich people say.
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