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Topic: Does Roger Ver control the Bitcoin price? - page 4. (Read 723 times)

legendary
Activity: 3668
Merit: 6382
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February 12, 2019, 01:27:54 PM
#4
True question should be that Can Roger Ver control the Bitcoin price.

And I don't think he can. He may affect it a little but can't control. It is not easy to control it somehow.

He does have (or used to have) big amounts of Bitcoin.
He has his tail into quite a big number of Bitcoin businesses (and their boards).

So he can affect it directly on the exchanges, but I think that he could get bankrupt if he goes on this path for long enough.
And he can affect it indirectly by affecting the decisions certain Bitcoin related companies take.

And he can (and does) damage Bitcoin with his "bcash is the real bitcoin" propaganda of bad taste and his imploding altcoins (forks).
legendary
Activity: 3038
Merit: 2166
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February 12, 2019, 01:26:23 PM
#3
About 2 months ago Roger Ver spoke about the split of Bitcoin Cash and BSV.
Since then Bitcoin's price dropped from $6,500 to the $3,000 area.

Which statement are you referring too? The earliest comment I found from Roger Ver about BCH / BSV was mid- to late November, ie. when Bitcoin already hit the 3000s.

In general I don't think Roger Ver's comments have much influence on Bitcoin's price.
member
Activity: 258
Merit: 10
February 12, 2019, 01:16:04 PM
#2
About 2 months ago Roger Ver spoke about the split of Bitcoin Cash and BSV.
Since then Bitcoin's price dropped from $6,500 to the $3,000 area.

Now he made a statement about supporting Bitcoin etc. etc. - and now we see the Bitcoin price is touching $3,600 hovering even towards $3,700.

So I would like to ask - does Roger Ver control the Bitcoin price?
If not - how come every time he says something extraordinary the Bitcoin price changes drastically?

Bitcoin is supposed to be free of any control but it seems like a few people have more control over it than others ... which is a huge drawback of Bitcoin in that case.

What do you guys think?


True question should be that Can Roger Ver control the Bitcoin price.

And I don't think he can. He may affect it a little but can't control. It is not easy to control it somehow.
sr. member
Activity: 1842
Merit: 389
February 12, 2019, 01:12:36 PM
#1
About 2 months ago Roger Ver spoke about the split of Bitcoin Cash and BSV.
Since then Bitcoin's price dropped from $6,500 to the $3,000 area.

Now he made a statement about supporting Bitcoin etc. etc. - and now we see the Bitcoin price is touching $3,600 hovering even towards $3,700.

So I would like to ask - does Roger Ver control the Bitcoin price?
If not - how come every time he says something extraordinary the Bitcoin price changes drastically?

Bitcoin is supposed to be free of any control but it seems like a few people have more control over it than others ... which is a huge drawback of Bitcoin in that case.

What do you guys think?
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