Topic: Was Bitcoin actually just a Pump and Dump? - page 4. (Read 45023 times)
The very first I learned about bitcoin from someone who has a business in forex Or forex, I'm fascinated as this digital precious metal currency is phenomenal and that's what makes me exactly why I am a fan of bitcoinTo day I haven't had the ability to spend the whole time I was in bitcoin, because revenue is not so great however i have plans to invest my time making bitcoin main source of my income
This is the long time argument about Bitcoin, values was determined and controlled by whales, which can pump and dump Bitcoin value.
And the worst thing with those Bitcoin detractor, they not stopping on spreading lies and malicious news to make FUD.
And the worst thing with those Bitcoin detractor, they not stopping on spreading lies and malicious news to make FUD.
I don't think so, since bitcoins are really driven by supply and demand, I think this is just a proof that demand is really going up and never will supply meet the demands for it. So I guess this is a result of that and I think it is not over yet.
It doesn't truly issue, what issues may be the technologies behind it. Is the technologies behind it powerful enough to survive cost manipulations? if yes, then sends and puts do not matter as over time goal superiority of a item more than its competition prevails, and bitcoin is the best electronic payment ever.
Yes, bitcoin just pump and dump because of the supply and demand, besides bitcoin is uncontrollable or decentralized so expect the big changes all the time.
it wasn't meant to be just a pump and dump but current situations seems to be looking like that but with time its going to be possible to use it as a currency on the day to day basis with all the stability one requires.
Yes, bitcoin just pump and dump because of the supply and demand, besides bitcoin is uncontrollable or decentralized so expect the big changes all the time.
I do not think this is all due to the natural factor of market law, we all know that bitcoin is decentralized so that what happens in the market will greatly affect its price, bitcoin is different from stock or commodity because it can still be controlled.
I don't have any doubt that this was all just big pump and dump, but my theory is, even the BTC creators didn't realize that Bitcoin would go this far.
I agree that there might be a risk that btc is a big pump and dump. But I think the creator already know that btc will be known and will be used in the future. He invented it because he knows that the technology era will surely come, that mostly will become a digital transaction and btc will surely be the common method of payment.
I am not saying that this is impossible but pumping and dumping bitcoin is highly unlikely. First there are a lot of coins that are really cheap that they can pump and dump. Second pumping and dumping bitcoin will take billions to influence the market. Third there are a lot of bitcoin investors who are already educated with the bitcoin projection, even though Bitcoin price drops this people will not panic sell they will just hold it. There are a lot of assets like stocks, commodities or alt coins that they can pump and dump so bitcoin is most likely they will avoid.
If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
The pump and dump in the cryptocurrency market like bitcoin is very possible because since it is decentralized then there are no basis for the possible movement or there are no patterns that the bitcoin market is following because it is completely dependent to the demand of the people in the market. It doesn't mean that if it is expensive then the pump and dump is not possible because pump and dump is applicable to all of the markets and kinds of stocks like cryptocurrencies.If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
I'm also sure that there is great speculation of pump and dump bitcoin, if we see that the market cap has reached $ 100 billion would be a good opportunity for speculators to get profit from pump and dump.
I am not saying that this is impossible but pumping and dumping bitcoin is highly unlikely. First there are a lot of coins that are really cheap that they can pump and dump. Second pumping and dumping bitcoin will take billions to influence the market. Third there are a lot of bitcoin investors who are already educated with the bitcoin projection, even though Bitcoin price drops this people will not panic sell they will just hold it. There are a lot of assets like stocks, commodities or alt coins that they can pump and dump so bitcoin is most likely they will avoid.
If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
The pump and dump in the cryptocurrency market like bitcoin is very possible because since it is decentralized then there are no basis for the possible movement or there are no patterns that the bitcoin market is following because it is completely dependent to the demand of the people in the market. It doesn't mean that if it is expensive then the pump and dump is not possible because pump and dump is applicable to all of the markets and kinds of stocks like cryptocurrencies.If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
I am not saying that this is impossible but pumping and dumping bitcoin is highly unlikely. First there are a lot of coins that are really cheap that they can pump and dump. Second pumping and dumping bitcoin will take billions to influence the market. Third there are a lot of bitcoin investors who are already educated with the bitcoin projection, even though Bitcoin price drops this people will not panic sell they will just hold it. There are a lot of assets like stocks, commodities or alt coins that they can pump and dump so bitcoin is most likely they will avoid.
If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
The pump and dump in the cryptocurrency market like bitcoin is very possible because since it is decentralized then there are no basis for the possible movement or there are no patterns that the bitcoin market is following because it is completely dependent to the demand of the people in the market. It doesn't mean that if it is expensive then the pump and dump is not possible because pump and dump is applicable to all of the markets and kinds of stocks like cryptocurrencies. If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
I am not saying that this is impossible but pumping and dumping bitcoin is highly unlikely. First there are a lot of coins that are really cheap that they can pump and dump. Second pumping and dumping bitcoin will take billions to influence the market. Third there are a lot of bitcoin investors who are already educated with the bitcoin projection, even though Bitcoin price drops this people will not panic sell they will just hold it. There are a lot of assets like stocks, commodities or alt coins that they can pump and dump so bitcoin is most likely they will avoid.
If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
If they can pump and dump bitcoin most likely this are group of filthy rich , influential and very greedy people.
I'm sure it's not true, with a market cap of over 90 billion would be difficult for anyone to control bitcoin prices, so I'm sure bitcoin prices are natural from demand and stock.
The price can still be manipulated but the greater the market cap the greater the money you need to move the market and as such less and less players are able to manipulate the price, right now only exchanges, satoshi and the governments have enough power to do that.
! Maybe you do not know there are many companies have power enough to control the price of Bitcoin, even this is total market cap of Bitcoin. Remember, currently, total market cap of Bitcoin is just $ 98.430.277.718, it still less than total money of Bill Gates in the past. 
Bitcoin can be influenced by whales as well some bad news banning bitcoin, but bitcoin isnt just a pump and dump, there is much more then the up and down that atracted a lot new investors wich made the price to break records. Blockchain is changing the transactions system, and there are already new projects coming with better and less expensive solutions.
I'm sure it's not true, with a market cap of over 90 billion would be difficult for anyone to control bitcoin prices, so I'm sure bitcoin prices are natural from demand and stock.
The price can still be manipulated but the greater the market cap the greater the money you need to move the market and as such less and less players are able to manipulate the price, right now only exchanges, satoshi and the governments have enough power to do that.! Maybe you do not know there are many companies have power enough to control the price of Bitcoin, even this is total market cap of Bitcoin. Remember, currently, total market cap of Bitcoin is just $ 98.430.277.718, it still less than total money of Bill Gates in the past. I'm sure it's not true, with a market cap of over 90 billion would be difficult for anyone to control bitcoin prices, so I'm sure bitcoin prices are natural from demand and stock.
The price can still be manipulated but the greater the market cap the greater the money you need to move the market and as such less and less players are able to manipulate the price, right now only exchanges, satoshi and the governments have enough power to do that.
Brief answer? Of course. Bitcoin and every single one alt forex ever made has been a pump and dump. Charts never lie.
I'm sure it's not true, with a market cap of over 90 billion would be difficult for anyone to control bitcoin prices, so I'm sure bitcoin prices are natural from demand and stock.
until finally all the greater part of bitcoin are in the hands of a few early adopter sure, we need distribution
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