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Topic: For those, who wait BTC to "skyrocket" again. - page 4. (Read 709 times)

dohh
jr. member
Activity: 332
Merit: 1
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:54:22 AM
#8
Quote from: mk4 on September 25, 2018, 04:37:15 AM
That doesn't make any sense at all. Sure, Tether(USDT) could actually be illiquid(as speculated by some, due to the lack of audit), but calling bitcoin a scam just because some people are able to manipulate the price of BTC through Tether(USDT) is utter nonsense.

Its not. You just need some mathematical thinking, to understand the proportion of speculation and manipulation in BTC price. This is all money, someone has to lose, because criminal activity!
dohh
jr. member
Activity: 332
Merit: 1
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:52:01 AM
#7
Quote from: talkbitcoin on September 25, 2018, 04:37:27 AM
the Tether nonsense FUD is starting to get too old. you should try coming up with some sort of new FUD to spread in hopes of a lower price so you can make short term profit from bitcoin.

https://www.ccn.com/tether-no-real-impact-on-bitcoin-price-university-researcher/

I recommend very strongly at least some basic source criticism! I picked very carefully to post article from more or less neutral source, You answer with a counter-argument of crypto-enthusiast source! CMON!
project_delta
jr. member
Activity: 98
Merit: 2
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:51:31 AM
#6
Quote from: dohh on September 25, 2018, 02:26:52 AM
https://www.thesun.co.uk/tech/6531388/bitcoin-price-manipulation-crypto-scam-tether-bitfinex/

Better dont. Its just a scam, no more. It has not got any better, than mt gox. If anything, it goes only worse. BTC is possibly the biggest monetary crime of all time.
Why is there so much negativity around? The cost shall rise even after all of this, might if I call. propaganda towards the Bitcoin!
This year will allow only the believers to enter the big world of it, and the rest of the world will watch next year!
DooMAD
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:49:05 AM
#5
A few things:

Firstly, that particular gutter rag you're linking to is not a source of journalistic integrity.  You might as well just ask Rupert Murdoch what he thinks directly.

Secondly, any problems with Tether and Bitfinex are precisely that.  Problems with those things and not problems with Bitcoin.  Tether and Bitfinex could both disappear tomorrow and Bitcoin would continue to churn out blocks and function as normal.  

Thirdly, people manipulating the price is nothing new.  To be blunt, who honestly cares about people who are waiting for the fiat price to skyrocket?  They're not overly important in the grand scheme of things.  None of that hollow gambling detracts from Bitcoin's resilience, security, freedom and utility.  Contrary to popular belief, Bitcoin was not designed as a tool for speculation.  If you think it was, you're missing out.  Greater future purchasing power is just the "icing on the cake".

And finally, the derivatives market is currently the biggest monetary crime of all time and you're frankly gormless if you can't recognise that.  
talkbitcoin
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:37:27 AM
#4
the Tether nonsense FUD is starting to get too old. you should try coming up with some sort of new FUD to spread in hopes of a lower price so you can make short term profit from bitcoin.

https://www.ccn.com/tether-no-real-impact-on-bitcoin-price-university-researcher/
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:37:15 AM
#3
That doesn't make any sense at all. Sure, Tether(USDT) could actually be illiquid(as speculated by some, due to the lack of audit), but calling bitcoin a scam just because some people are able to manipulate the price of BTC through Tether(USDT) is utter nonsense.
cyriljundos
member
Activity: 432
Merit: 10
Bitfresh - iGaming with 90s UI
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 04:32:10 AM
#2
that everyone is waiting for the BTC to rise again and so we can recover and this is the right time for us to invest in the BTC
dohh
jr. member
Activity: 332
Merit: 1
Re: For those, who wait BTC to "skyrocket" again.
September 25, 2018, 02:26:52 AM
#1
https://www.thesun.co.uk/tech/6531388/bitcoin-price-manipulation-crypto-scam-tether-bitfinex/

Better dont. Its just a scam, no more. It has not got any better, than mt gox. If anything, it goes only worse. BTC is possibly the biggest monetary crime of all time.
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