[orange_tee]

Despite claims of transparency, I find the exact opposite is true. Yes all wallets and transactions are public but because these are not tied to identities and are international (i.e. no consistent set of laws that might force owners to disclose their holdings), we know very little from this information.

So we small holders are basically at the mercy of any big whale who might decide to nudge the price up or down for profit. Then on top of that, there are more elaborate plays like Tether and lots of WallSt money doing their voodoo as well.

Which other asset has the property that it suddenly goes to 200% or 50% and nobody has a clear idea why? The whole thing is the opposite of transparent and if you really wanted to store your wealth you would not put it at the mercy of Bitcoin whales.