Do you know that they managed Bitcoin? - page 2.

webtricks

legendary

Activity: 1918

Merit: 1728

Quote from: SerkanD82 on June 21, 2018, 05:12:34 PM

The first feature of Bitcoin is the lack of a center. It makes this bitcoin special. But do you know that in the world of crypto, people who attract investors to BitCoin, or that cause people to withdraw their investments? To open more, the big whale sometimes pulls us to bitcoin and sometimes it gets away. Another important factor is speculation. If one day these two problems are solved, then the bitcoin will be very strong. Personally, I see these two factors as the biggest obstacle in the growth of bitcoin.

I don't think both the problems ever gonna solved. As far as problem one is concerned, it is impossible to ensure equitable distribution of cryptocurrencies since at the time of entrance not everyone knows the potential of coin and almost all the cryptocurrencies have very less population as initial investors which means large individual holdings. As coin gets popularity and surge with time, more people start buying that coin but they can only own low supply since price is high. So initial HODLers with large supply will always be present for every coin.
About problem two, speculation can never end for Bitcoin or any other coin since cryptocurrencies are majorly used as trading investment and items of trading are always subject to speculation.

bright4mech

member

Activity: 588

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Bitcoin is a digital asset, that can be a function to many different dimensions, which can be trading and investment for some period of time, base on that bitcoin can be managed to enable to increase in volume.

palle11

sr. member

Activity: 2366

Merit: 332

Quote from: Haticem on June 21, 2018, 05:28:46 PM

Sensible. There are people who take control even if Bitcoin is not a center. This can cause monopolization.

Obviously I don't think there will be monopoly in this market as time goes by. The growth is tremendous lately coins have begun to take charge and this will be seen more when the market recovers again.

Hiimgosu

jr. member

Activity: 38

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Free Crypto in Stake.com Telegram t.me/StakeCasino

Who manage bitcoin? I believe there is one, Satoshi Nakamoto. And he's the only one who can manage it. Luckily for us, he imposed bitcoin on our part. Thanks for that.

r32godzilla

hero member

Activity: 1360

Merit: 506

Quote from: SerkanD82 on June 21, 2018, 05:12:34 PM

The first feature of Bitcoin is the lack of a center. It makes this bitcoin special. But do you know that in the world of crypto, people who attract investors to BitCoin, or that cause people to withdraw their investments? To open more, the big whale sometimes pulls us to bitcoin and sometimes it gets away. Another important factor is speculation. If one day these two problems are solved, then the bitcoin will be very strong. Personally, I see these two factors as the biggest obstacle in the growth of bitcoin.

Its only due to speculation that traders find interest in buying bitcoins and it helps to manage a continuous demand for bitcoin.Otherwise its demand ratio would fall against surplus supply ratio which would result in its price fall.Also investors too buy bitcoin expecting it to give a good ROI.

bitcoinskyrocket09

member

Activity: 239

Merit: 10

Quote from: SerkanD82 on June 21, 2018, 05:12:34 PM

The first feature of Bitcoin is the lack of a center. It makes this bitcoin special. But do you know that in the world of crypto, people who attract investors to BitCoin, or that cause people to withdraw their investments? To open more, the big whale sometimes pulls us to bitcoin and sometimes it gets away. Another important factor is speculation. If one day these two problems are solved, then the bitcoin will be very strong. Personally, I see these two factors as the biggest obstacle in the growth of bitcoin.

Well, it is a yes. Of course the manipulation is a part and parcel of any market. It really happens all the time but the difference is that bitcoin is still small and it is more effective here. Hence, it is a lot bigger compared to the previous years. As we move ahead, it becomes less and less effective. Then people aren't going to give up getting involved with bitcoin just because in short term there is some manipulation out there.

Koko1200

full member

Activity: 225

Merit: 100

And also we have whales, they can actually affect the price the way it would be good for them selves, higher to sell, and lower to buy. So we all, regular mortal members of this community need to be just sensible.

pooya87

legendary

Activity: 3472

Merit: 10611

i only see one problem in your comment and that is "manipulation" and that is not a big problem when it comes to "bitcoin growth" that you are so concerned about.
manipulation is a part and parcel of any market and it happens all the time. the difference is that bitcoin is still small so it is more effective here. but it is a lot bigger compared to previous years and as we move ahead and have increased adoption it becomes less and less effective. and people aren't going to give up getting involved with bitcoin just because in short term there is some manipulation!

First77

member

Activity: 266

Merit: 32

Bitcoin is the most feared investment. Totally unmanaged. $1 to $10,000 has never been heard of. That is super-HYIP.

It could be that HYIP cartels are running Bitcoin.

shaw1

sr. member

Activity: 504

Merit: 297

CryptoTalk.Org - Get Paid for every Post!

You want to eliminate speculation and decentralization from bitcoin?

Got the perfect product for you. You'll love it. www.paypal.com

It's magical. It never deviates from the dollar. You never have to worry about pesky things like freedom, and decentralization.

As for me, I'll take the volatility. For a hodler, it doesn't matter. We aren't going to be scared by dips smaller percentage wise than other historical crashes.
Bitcoin is up over 100% from the past year. Take any huge chunk of time. Bitcoin is up from the beginning of that period, to the end.

And decentralized ledgers are kind of the point of bitcoin. No need to be a slave. We don't need to be directed by masters.

But to each, his own. You have a right to pay allegiance to a centralized party.
But I've got my right to stick with crypto, thank you very much.

Haticem

jr. member

Activity: 268

Merit: 4

Sensible. There are people who take control even if Bitcoin is not a center. This can cause monopolization.

SerkanD82

jr. member

Activity: 84

Merit: 1

The first feature of Bitcoin is the lack of a center. It makes this bitcoin special. But do you know that in the world of crypto, people who attract investors to BitCoin, or that cause people to withdraw their investments? To open more, the big whale sometimes pulls us to bitcoin and sometimes it gets away. Another important factor is speculation. If one day these two problems are solved, then the bitcoin will be very strong. Personally, I see these two factors as the biggest obstacle in the growth of bitcoin.

Topic: Do you know that they managed Bitcoin? - page 2. (Read 236 times)