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Topic: Redistribution to the "right hands" (Read 279 times)

legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
October 07, 2019, 09:48:52 AM
#31
The elite are always trying to redistribute assets into their portfolios. Privatisation of national assets is one way that they do this. Now that they have come to realise that Bitcoin is a store of wealth, and may be better than gold or silver, then they will attempt to soak up as much as they can, and they will use all of their established tricks and machinations to do this. The obvious result of this is that there will be a substantial increase in value over a period of time. The big advantage of Bitcoin is that it allows small investors to take advantage of this wealth preservation opportunity. It is possible to purchase a few pounds ( Sterling ) of Bitcoin, and this is not a possibility for gold investors.


Wait until they come to realize that Bitcoin's proof of work is a form of energy to "wealth" transformation, that can be subsidized by their tax payers. Cool

right now (that price is not on the rise) all of these things that are said will fall on deaf ears because those ears are currently filled with FUD and their eyes are only seeing that drop. otherwise those who know bitcoin besides the "magic money macking machine" already know the potential of it and what it really does! which is why these people are buying it while others are running around scared.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
October 07, 2019, 09:47:16 AM
#30
Well I don't know if the fluctuations happen are intentionally done or not but I do know that it happens because of a sudden surge in price.
We all know that many early bitcoiners hold a large amount of bitcoins and this might signify that what you said is true.
If the amount of bitcoins is appropriately distributed among the people then the  volatility might reduce significantly.
newbie
Activity: 44
Merit: 0
October 07, 2019, 09:33:46 AM
#29
It will take some time before you could consider any kind of stability, perhaps another few more years. While it's a little bit more stable than before, the price fluctuates violently, due to volatility. From an absolute value perspective, it goes up and down hundreds or thousands per day. From a percentage of current value, it might be considered stable.

Still, there is the possibility it goes down some more, or goes back up again to previous levels.

Some people don't really need the coins, so they get more of it, and some people, paid in coins, need it to buy or pay for something else, so it goes out of their wallets.

Fully agree, it`s true!
legendary
Activity: 3416
Merit: 1912
The Concierge of Crypto
October 07, 2019, 09:15:48 AM
#28
It will take some time before you could consider any kind of stability, perhaps another few more years. While it's a little bit more stable than before, the price fluctuates violently, due to volatility. From an absolute value perspective, it goes up and down hundreds or thousands per day. From a percentage of current value, it might be considered stable.

Still, there is the possibility it goes down some more, or goes back up again to previous levels.

Some people don't really need the coins, so they get more of it, and some people, paid in coins, need it to buy or pay for something else, so it goes out of their wallets.
legendary
Activity: 2954
Merit: 1153
October 07, 2019, 09:04:24 AM
#27
Dear All!
How long do you think there will be volatility fluctuation in the market?

Volatility is normal in a market.  If you look at the data, it is simply the movement of price depending on the supply and demand of a certain item on the market.

Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?

I wouldn't say that volatility no matter how high or low it is, is intentionally done.  I would rather pump and dump is intentionally done to an intention of getting more profit.  Mostly those who have much holdings and huge stash of money done this stuff because they have the capability.
sr. member
Activity: 644
Merit: 264
Aurox
October 07, 2019, 08:41:13 AM
#26
Everything can happen in the market and there are a lot of people who are engaging on the market. There are small traders and big ones including those big financial giants. And so with the different kinds of people who are engaging into cryptocurrency especially bitcoin then they have different intentions and reasons for buying and selling. If there are groups who are really wanting to cause the price drop there are also people who cause the price increase. Though there are a lot of conspiracy theories out there about the manipulation but in the end its all about profit and income, people will do anything in the market as long as they will gain profit.
hero member
Activity: 1148
Merit: 500
October 07, 2019, 07:53:45 AM
#25
Dear All!
How long do you think there will be volatility fluctuation in the market? Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards

I don't know if the flactuation is going to end or not. Cryptocurrency market is volatile from the start up to these days. But there are many reasons behind this. But yeah, it could be intentional because whales who holds more of Bitcoin have control over it's price. If one of them sell their Bitcoins. It affects the whole market. That's the bad side of cryptocurrency. There's no balance. Whales can buy huge amount with no limit. Some ICOs does not set any limits for their crowdfunding. And whales grab the opportunity to buy limitless amount. That's why small investors suffer once whales sold their cryptocurrency. It should be distribute equal.
legendary
Activity: 2898
Merit: 1823
October 07, 2019, 07:35:17 AM
#24
The elite are always trying to redistribute assets into their portfolios. Privatisation of national assets is one way that they do this. Now that they have come to realise that Bitcoin is a store of wealth, and may be better than gold or silver, then they will attempt to soak up as much as they can, and they will use all of their established tricks and machinations to do this. The obvious result of this is that there will be a substantial increase in value over a period of time. The big advantage of Bitcoin is that it allows small investors to take advantage of this wealth preservation opportunity. It is possible to purchase a few pounds ( Sterling ) of Bitcoin, and this is not a possibility for gold investors.


Wait until they come to realize that Bitcoin's proof of work is a form of energy to "wealth" transformation, that can be subsidized by their tax payers. Cool
hero member
Activity: 2702
Merit: 672
I don't request loans~
October 07, 2019, 06:38:07 AM
#23
Dear All!
How long do you think there will be volatility fluctuation in the market? Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards
Volatility will never dissappear bro. That's what makes the market flow and go, making it disappear is making the price of bitcoin stand the same no matter how much the supply and demand changes.

Market volatility may or may not have been done intentionally. It can be manipulated at times but taking into account the millions of users, manipulation can be negligble at times and could be called a natural flownofbsupply and demand.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
October 07, 2019, 06:23:07 AM
#22
The elite are always trying to redistribute assets into their portfolios. Privatisation of national assets is one way that they do this. Now that they have come to realise that Bitcoin is a store of wealth, and may be better than gold or silver, then they will attempt to soak up as much as they can, and they will use all of their established tricks and machinations to do this. The obvious result of this is that there will be a substantial increase in value over a period of time. The big advantage of Bitcoin is that it allows small investors to take advantage of this wealth preservation opportunity. It is possible to purchase a few pounds ( Sterling ) of Bitcoin, and this is not a possibility for gold investors.
hero member
Activity: 1470
Merit: 655
October 07, 2019, 06:12:22 AM
#21
being a "small holder" is not the same as being a "panic seller". in fact there are a lot of newbies that enter bitcoin with a ton of money so they aren't that small! then they do panic selling like this and give their precious bitcoins to others (who might actually be small holders) at a big discount just to buy it back at a loss after the price went up again.

besides, these drops are the best thing that the "small holders" can wish for because a small holder invest small amounts in different times. for example i may not be able to afford to buy more than $100 worth of bitcoin each month. when price is $11k i can only afford to buy 0.009BTC but now that price has dropped i can afford to buy 0.012BTC instead with the same amount of money!
legendary
Activity: 2898
Merit: 1823
October 07, 2019, 01:38:12 AM
#20
Dear All!
How long do you think there will be volatility fluctuation in the market?


Until Bitcoin is a market with an average daily volume of trillions?

Quote

Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards


Yes, it's a game of the whale-cumulators, and the plebs. Plebs always lose because most of us don't "buy the dip, and HODL".
legendary
Activity: 3472
Merit: 10611
October 06, 2019, 11:50:25 PM
#19
How long do you think there will be volatility fluctuation in the market?
until the market grows more and exchanges become safer so that people could feel safe using them and leaving orders open so that the order books could become more packed with orders effectively shrinking volatility.

Quote
Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
well there is nothing forcing the "weak hands" to sell their coins. it is their own choice. if i tell you to shoot yourself in the foot, it is still your decision whether or not to listen to me Tongue
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
October 06, 2019, 08:35:46 PM
#18
Btcoin price is driven by the demand and crypto  is actually in the free market. The whales, or those who are rich has even more capability of gathering more crypto and even has the ability to manipulate the market and giving those who has limited amount of money fear by manipulating the price. So, I guess what you mean by redistribution is not happening and crypto will remain volatile.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 06, 2019, 07:20:57 PM
#17
I don't think a lot of things that are related to BTC's price are able to be predicted, or done on purpose.

You can say that in today's times, no such thing as market manipulation exists purposely because no one can really tell if a movement is done manipulatively or not. Note that there are now governing bodies regulating the scene against such actions that traders who were doing just this are now extra careful in their actions, but that doesn't mean they halted with their activities whatsoever.

No one can really foresee or predict fluctuations like these ones - it's just really random and it's the nature of crypto.

I beg to differ. There are some rare occasions when a prediction comes correct especially on situations where there is an expected event happening. Though I agree that volatility and price fluctuation is a common occurrence, one can still be able to guess what's going to happen with the right mix of information and a good eye for details.
sr. member
Activity: 1484
Merit: 276
October 06, 2019, 07:19:18 PM
#16
Volatility will stick to bitcoin no matter what or how long it will live.
There's a possibility that your assumption can be real that only the whales are making the swings but there's also a big possibility that isn't. Since we are in a market where demand and supply dictate the price of bitcoin.
hero member
Activity: 952
Merit: 513
October 06, 2019, 07:14:08 PM
#15
Yes and no.

Yes, some of it is done deliberately by people with a lot of money. If you had 100 million dollars to play with and could cause a panic or a rally wouldn't you do it? Wouldn't you put 10 million on Binance or Coinbase and the rest in CME futures, wait for the obvious signs of buyer or seller exhaustion and then pump or dump accordingly? I sure would.

No because most of it plays along the same line. You can see a long term uptrend that we are still following on the charts and even if we were to fall to 6k that line would not be broken. We are touching it from time to time and always going up. Is it going to happen again soon? If we get close to 6 get ready because it could be the last time we go there.
Didn't actually think of that aspect with whales, so I guess there is a bit of market manipulation that is done by the big players in the market.

I think a lot of small falls or rises may have been started by a whale either dumping or buying a lot of BTC and then causing a snowball effect in the market, with other smaller players following the bandwagon.

Although it's hard to find examples where the prices are heavily manipulated, there are definitely some examples of that happening.

Great post mate.
member
Activity: 173
Merit: 12
October 06, 2019, 07:07:32 PM
#14
May be.
It's a big problem facing cryptos. coins are susceptible to manipulation in many ways. This keep happening in all assets and will occur to BTC too.

I actually fell a victim for some of these manipulations before -on a small scale of course Smiley
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
October 06, 2019, 07:06:51 PM
#13
Yes and no.

Yes, some of it is done deliberately by people with a lot of money. If you had 100 million dollars to play with and could cause a panic or a rally wouldn't you do it? Wouldn't you put 10 million on Binance or Coinbase and the rest in CME futures, wait for the obvious signs of buyer or seller exhaustion and then pump or dump accordingly? I sure would.

No because most of it plays along the same line. You can see a long term uptrend that we are still following on the charts and even if we were to fall to 6k that line would not be broken. We are touching it from time to time and always going up. Is it going to happen again soon? If we get close to 6 get ready because it could be the last time we go there.
hero member
Activity: 952
Merit: 513
October 06, 2019, 06:46:12 PM
#12
Dear All!
How long do you think there will be volatility fluctuation in the market? Do you agree that this is done intentionally and these swings  up and down are arranged by those who do it deliberately and trying to redistribute Bitcoins from millions of small holders in the hands of the richest people of the planet?
With Best Regards
I don't think a lot of things that are related to BTC's price are able to be predicted, or done on purpose. It seems like everything that's been happening is all due to random factors, and there hasn't really been any market manipulation in an industry like this.

No one can really foresee or predict fluctuations like these ones - it's just really random and it's the nature of crypto.

It's no Robin Hood story, there's a lot of rich people that have gotten richer, and a lot of poor people that have gotten poorer, due to BTC, BTC doesn't take sides.
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