Topic: the lack of volitility is worrying - page 2. (Read 1435 times)
They market cap is really low ( around $3.3 bn) rich and powerful people like mark zuckerberg or warren buffet could easily manipulate the market/price/volume in their favour. Bitcoin still needs to grow and definitely needs more time to be trusted by companies/people.
Bitcoin market cap is very low, which gives people with deep bags much joy in making weak hands sell their coins.
At this point there is no reason for volatility. No good or bad news. Just enjoy the calmth for as long as you can.
At this point there is no reason for volatility. No good or bad news. Just enjoy the calmth for as long as you can.
bitcoin is more than 5 years old, it's about time that is less volatile now than before, besides this the manipulation was always present, but now there is only manipulation(i would say less than before) and no more "new" money
bitcoin is still new and lots of good and bad things have happened to it already and that has created volatility. Though they will be different good and bad things happening now than in early times the market should still be highly volitile.
But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?
so does it mean the market is being carefully controlled by a few at least for a period?
anyone else suspicious
But by bitcoin standards its flat. The chances of a price of around $250 +/- $30 as being some natural equilibrium is highly unlikely - maybe 1 in a 1000?
so does it mean the market is being carefully controlled by a few at least for a period?
anyone else suspicious
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