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RE: Bitcoin to be the best performing asset into year end?
What people don't seem to understand, is the little guy is going to have the technology that the big guys have. Actually the little guys will understand the markets and applications comprehensively, while the big guys will have to learn from scratch. Many of the little guys have 5+ years of trading experience, and these little guys are building the platforms that understand the bitcoin/crypto market
I do understand that the little guy has a head start on this but it won't take long for the big guys to buy up more BTC than the little guys. Some hedge funds are already in the game with millions of dollars in BTC. They just hired a crypto geek and were off and running.
http://money.cnn.com/2017/04/20/investing/mike-novogratz-bets-big-on-bitcoin-ether-blockchain/index.html
It's just uncertain what kind of control they are going to exert on the price down the road. Hedges funds are there to hedge by selling short thats how they make money with leverage and derivatives. The Bitcoin cap is relatively small compared to the rest of the markets and the amount of capital the big guys have to throw around is staggering. Not much we can do but hold on tight to our BTC and sit back and watch.
A group of whale dominate the market,
I agree with you, decentralized didn't work this day