Topic: The Chase to control the market! - page 3. (Read 571 times)
No one can control Bitcoin at the moment. I think you misunderstood those things; they are just advertising Bitcoin because all of us want to increase its adoption because we will benefit from it as the price increases. There are whales right now that are smart and not also trying to control the price, because if so, then for sure the price right now is already low.
There is no question that today Bitcoin has already come of age with the many recognitions it is getting. There are now many famous personalities who in the past called Bitcoin as something undesirable but they are now singing praises of it. As to financial institutions making their entrance into Bitcoin, well maybe they finally realized that Bitcoin is something that can not be stopped so why not be a part of its supporters and be making some good money of it? And this is just the beginning for sure as we are still in the second decade of Bitcoin, for sure many astonishing developments can be coming in 2024 and beyond. The question is: How many BTC are you holding?
But still no one can control the market. The market will keep going as we see. And it's true that now many agencies or companies have invested in Bitcoin because they see the potential for the development of Bitcoin in the future. They don't want to be late to participate in Bitcoin investment.
It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.
No one wants to say how much BTC they already hold because it's a secret. Maybe the question is: Have you bought BTC today?
It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.
No one wants to say how much BTC they already hold because it's a secret. Maybe the question is: Have you bought BTC today?
There is no question that today Bitcoin has already come of age with the many recognitions it is getting. There are now many famous personalities who in the past called Bitcoin as something undesirable but they are now singing praises of it. As to financial institutions making their entrance into Bitcoin, well maybe they finally realized that Bitcoin is something that can not be stopped so why not be a part of its supporters and be making some good money of it? And this is just the beginning for sure as we are still in the second decade of Bitcoin, for sure many astonishing developments can be coming in 2024 and beyond. The question is: How many BTC are you holding?
People are accepting bitcoin due to the fact that bitcoin is not controlled by anyone that's why no one can control its price. Bitcoin is still used for bad activities but not by everyone and majority of people are purchasing bitcoin in a hope to meet the demands of life.
Everyone these days are in willing to become a participants in the investment of bitcoin as they have complete idea about the past success and they know that it is the only way to be wealthy one day.
Everyone these days are in willing to become a participants in the investment of bitcoin as they have complete idea about the past success and they know that it is the only way to be wealthy one day.
The fact is, Bitcoin's financial freedom and decentralization have made market control difficult for governments and financial institutions. Several countries have tried to introduce tax and control measures, but often struggle due to the openness and decentralization of the cryptocurrency system.
The fate of crypto assets will really depend on how each person manages and uses them. Bitcoin offers the opportunity for financial freedom and personal control, but this also requires vigilance and understanding to consciously face challenges and opportunities.
The fate of crypto assets will really depend on how each person manages and uses them. Bitcoin offers the opportunity for financial freedom and personal control, but this also requires vigilance and understanding to consciously face challenges and opportunities.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
It's interesting to see how things quickly change, isn't it? My guess is that probably the governments realized since the beginning how powerful bitcoin was, and they also understood that it would be extremely hard for them to limit/control it, so they tried everything in order to make it look bad but, fortunately for us, the bitcoin community was stronger than the FUD, and at that point BTC was something already too big to be contained by the governments. 
Yes, there was a time when few people understood what it was and what would follow in the future. You could hear a lot of different things about bitcoin and about this crypto in general.
What do you mean by "Who will control the market?". You mean that bitcoin is becoming more and more popular and is penetrating into different areas and they cannot control bitcoin, maybe they can influence the price of bitcoin for a while
What do you mean by "Who will control the market?". You mean that bitcoin is becoming more and more popular and is penetrating into different areas and they cannot control bitcoin, maybe they can influence the price of bitcoin for a while
But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
Where do you get this kind of idea? No one wants to control the market because it’s very impossible for some institution to purchase the majority of Bitcoin without pumping the price.
And if your assumption that everyone trying to jump over Bitcoin, why the price is still stagnant halfway below the previous all time high? Th pe price should be ranging above the previous ATH if your assumption is correct. Bitcoin is still not on the full potential level that the majority of institutional investor is already involved.
bitcoin is not spread evenly yet, so it is still possible to control the market. anyone who have capital can control the bitcoin market. but bitcoin also depend on the sentiment, good or bad sentiment can influence bitcoin price. sentiment factor only give small effect, capital give biggest influence in bitcoin price.
Large capital can indeed have an effect on the price of Bitcoin in the market, but because not everyone can have the same amount of capital, it makes the effect on prices less efficient. This I mean when those who have a lot of capital release all their Bitcoin into the market, the price will tend to decrease faster unless they still want to hold it for a long time because they still really care about the price of Bitcoin. What you say is logical, but news sentiment can still affect many people and most of them are Bitcoin holders so that some holders feel shaky with what they are holding.
I also heard a statements about Bitcoin here in my place that it's only use by people who did fraudulent activities. Out of curiosity, I study Bitcoin and I found out that the statement is not true. I learned that Bitcoin was made for people who don't want to expose their identities in order to protect their lives from bad people. Since banks knows the name of their investors, but with Bitcoin we didn't know it. We know that Bitcoin can be used in bad things but we have to bear in mind that this is not the purpose of Bitcoin.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
Unfortunately, even now the government sees bitcoin only as a threat. And if in a big sense, the government believes that bitcoin can shake the country's economy, because no banks or intermediaries sending money are needed, because cryptocurrencies make it possible to send money anywhere and anonymously. And more narrowly, the government believes that bitcoin is used only for payments for drugs, and other bad things. I think after the appearance of the first cryptocurrency, the FBI has added a lot of work to combat, because all these concerns of the government are not groundless.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
In fact, if you look at the history of Bitcoin, you can understand how the popularity of Bitcoin has increased and from which stage it is in which position. They considered Bitcoin to be a scam by the government where Bitcoin is supposed to be legalized as the country's virtual currency. Almost all the governments of the countries expressed negative aspects of this Bitcoin. As the government thought that illegal money laundering or drug dealers and money laundering will be done by this Bitcoin but it has gone completely opposite now. Currently Bitcoin has come to a position where industry and institutional sectors have started using Bitcoin. How popular this virtual currency has become can be understood by the impact we have now where Bitcoin has been legalized in many countries and various companies including factories are trading Bitcoin. All the countries that have accepted Bitcoin and transacted with this virtual currency have advanced and developed economically.Now, its acceptance has increased, or increased, repeatedly. Big and small, ancient and new industries appreciate its value. It is authorized in many nations, and factories trading in Bitcoin is encouraging. Remember that a country that trades Bitcoin doesnt necessarily have a robust economy. In today's environment, Bitcoin shines brightly on enterprises and states. The event is genuine, yet its just another currency in finance.
bitcoin is not spread evenly yet, so it is still possible to control the market. anyone who have capital can control the bitcoin market. but bitcoin also depend on the sentiment, good or bad sentiment can influence bitcoin price. sentiment factor only give small effect, capital give biggest influence in bitcoin price.
As I understand it, by controlling the market you mean price manipulation by the owners of capital. Otherwise controlling Bitcoin and the market is not a monopoly of anyone and it is almost impossible. Because Bitcoin is not controlled by anyone and Bitcoin is based on a decentralized network and the consensus and communication of the participants. Therefore even if part of the network goes down transactions continue.
At the same time, Bitcoin allows blockchain technology and various algorithmically processed defense mechanisms to prevent fraud attempts. This part may not be in the interest of governments and states. The owners of capital cannot fully control Bitcoin but they have the power to shake up the market to the extent of their holdings. This does not mean that Bitcoin is controllable.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
In fact, if you look at the history of Bitcoin, you can understand how the popularity of Bitcoin has increased and from which stage it is in which position. They considered Bitcoin to be a scam by the government where Bitcoin is supposed to be legalized as the country's virtual currency. Almost all the governments of the countries expressed negative aspects of this Bitcoin. As the government thought that illegal money laundering or drug dealers and money laundering will be done by this Bitcoin but it has gone completely opposite now. Currently Bitcoin has come to a position where industry and institutional sectors have started using Bitcoin. How popular this virtual currency has become can be understood by the impact we have now where Bitcoin has been legalized in many countries and various companies including factories are trading Bitcoin. All the countries that have accepted Bitcoin and transacted with this virtual currency have advanced and developed economically.
Well, actually there are certain individuals who took it upon themselves to damage bitcoin's reputation when it took flight, there is always someone who does this kind of thing, because we are not going to say that there are no people who do not scam, and do not try to harm For the rest of us, it would be covering our eyes and ignoring its existence, which is why I understand that at the time it was seen in this way, although now the situation is very different, despite the fact that these things continue to happen, and everyone knows about it of bitcoin or well the majority, and they recognize that the currency is not to blame, for what they do with it, now the question is who will dominate it, it is incredible that governments cannot let something continue with its original purpose...But they will It will make it very difficult for them and I could say that it is even impossible to achieve with said fact, bitcoin came is decentralized and free and that is how it should stay.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc.
Actually, these thoughts and news are still around today. However, many people still don't like Bitcoin. Because of this, many negative things are always reported about Bitcoin. moreover, if there is a small incident related to Bitcoin and it is a bad thing, then it will be brought into big news.but it is undeniable that the role of the government in the development and acceptance of Bitcoin in society will be very influential. When the government finally approves and legalizes Bitcoin, there will inevitably be pros and cons. but on the other hand, there will indeed be more and more people who also don't hesitate to get into Bitcoin.
I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.
Bitcoin is already changing lives that is why many of the big institutes and companies are taking the advantage now to accumulate Bitcoin and keep it in a safe wallet for a long time so that the price can appreciate more and more for a huge profits.At the beginning, many thought Bitcoin does not worth the stress of holding it and many sold there holdings why some other persons dturm there back on Bitcoin because of the rumor they heard. Now many institutes and companies are ready to hold Bitcoin so that they can become whales and have control of Bitcoin to there own advange.
BTC eft's are not tokens.
You just rephrased what i said in my previous comment mate! i don't know the reason but i think you took it my mistake (means misunderstood the meaning of my post). Because i was not asking i was telling there making a simple statement means i also agree that BTC ETFs are not real BTC and they do not provide us the full decentralization because those BTC ETFs are controlled by companies which got those ETFs approved like the Blockrock (if they get approved). BTC in itself is decentralized but if a company "X" will have 1000 BTC and used them for ETFs then the ones who will buy shares from that X company will not buy real decentralized BTC instead they are buying Centralized pegged type BTC from those companies. Which make the whole scenario as centralized.
They are not buying BTC at all, what they are buying is shares of the spot BTC etf that the company is offering. In itself there is no centralized BTC, if a company offers you shares to represent BTC's that they owe you, the risk is on you and it does not mean the network is centralized.
In the past few years I believe that many people believed that Bitcoin was primarily used for illegal activities or, as you mentioned money laundering. However, this is not the case at all. Similar activities can also be conducted using fiat currencies, so yeah.
Bitcoin was actually designed to simplify various processes. For example conducting global financial transactions could become more convenient compared to using fiat currencies. In addition to that, the concept of having a single universal currency that could be used worldwide is quite promising imho.
Bitcoin was actually designed to simplify various processes. For example conducting global financial transactions could become more convenient compared to using fiat currencies. In addition to that, the concept of having a single universal currency that could be used worldwide is quite promising imho.
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