Every uptrend has a end, if u can go out befor it Drops under ur pruchase Price its okey, problem u cant read Bitcoin Chart like an normal Chart on stockexchange, and another Problem its not forbidden to manipulate(and whales can do it easy), and bc u all say Banks suck and goverment etc. etc. Yes they do some shit too and sometimes scam us all, but on the other side they protect u from even harder scams.
Like it happens here, and again a non regulated System fucks poor peopels even harder.
What are you doing in this forum man? talking about bitcoin as a way to get scammed? simply because its not regulated?
Look at Japan and South Korean, their govs have regulated bitcoin, even in USA already did I believe, but not as a currency.
Whales can manipulate bitcoin, but only a few people will follow them and bitcoin will recover again, fluctuations happen everyday, it is a normal day, if you don't want to get involved, DON'T.
And another Thing is, this massive gains make "the hated" goverment watch at Bitcoin more and more closely, and when they regulate it ( they allready talk about it in eu and us), all the rich peopels which wanted to scam the poor ones will leave Bitcoin( they dont want a regulated system with rules bc they dont get richer with it that easy)
Then Bitcoin can be a normal payment method, but its not worth that much anymore and will not pumb and dumb like hell.
We know there are some country already banned bitcoin as a digital currency, but Which goverment you mean that "hate" bitcoin? and what the impact to bitcoin right now? Nothing. Whether those government accept bitcoin or not, this technology will continue to develop even further.
