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Topic: The enemies of bitcoin price rise! - page 2. (Read 3861 times)

legendary
Activity: 4396
Merit: 4755
October 29, 2014, 03:15:50 AM
#3
list those who do not want the bitcoin price to take off?

What do they gain?


those wanting the price to stay low are those that want to buy little amounts each day/week slowly without it getting too expensive
those wanting the price to stay low are exchanges that dont care about a big price jumps, but as long as it moves up and down, there will always be buys and sells. meaning transaction fee's inside the exchange. if there was a price jump alot of trading slows down as people hold back and wait to see what happens, so they prefer small ups and downs to keep activity flowing.
sr. member
Activity: 462
Merit: 250
I can draw your avatar!
October 29, 2014, 03:11:33 AM
#2
Everyone who wants to use bitcoin as a currency. A stable coin that could be adapted by the general public and be used as a currency and not just as a bouncing speculation asset Smiley
hero member
Activity: 756
Merit: 502
October 29, 2014, 03:08:01 AM
#1
list those who do not want the bitcoin price to take off?

What do they gain?

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