There is no such thing as real demand. A demand is just a demand. There is nothing wrong with them investing. We have equal rights to invest wherever we want.
Lets just be smart because they have lots of money we just need to ride with them to profit.
Topic: What Bitcoin and other coins need is REAL demand - page 2. (Read 248 times)
I have been in the game for less than a year but the more I try to get information and the more I am convinced that last year huge boost in price was the result of PURE manipulations from very influent persons, and at the end of 2017 Wall Street, hedge funds took part of this too!
What Bitcoin and other coins need is REAL demand, based on real value of the coins, for using digital money as money. It's gonna take a while I think, 2017 was an anomaly.
Discuss.
What Bitcoin and other coins need is REAL demand, based on real value of the coins, for using digital money as money. It's gonna take a while I think, 2017 was an anomaly.
Discuss.
Yes, last year , there was a lot of manipulation and that is why we saw such a huge correction. Prices had already dropped from $20000 to $7000. Now it is rising consistently and I think we have real prices now.
2013 was way worse: the trading action happening is controlled by a single insider bot to artificially increase the price that isn't sustainable that resulted into the 2013 ATH, or the first known (or sensationalized) bitcoin bubble. Right now, I can say that the demand during the 2017 run isn't artificial, or isn't purely manipulated to be precise. Mind you, the power of FOMO has been proven countless times in numerous occasions, so you cannot simply say that everything was a manipulated turn of events. As for bitcoin's use case, many people see it more of an asset rather than a currency. It could be a viable currency with limitations, but right now it works excellent as an investment vehicle and people are surely taking advantage of this hype.
Thats quite true my friend. Not everything that happened last year was a market manipulation. There were many number of new investors that took part in the game and some are here for the long run. The ones who know the real value of Bitcoin will stay in it for a long term and those who are exiting the market now causing decrease in Bitcoin's price are most probably the ones who were in this game just to make money. I believe in Bitcoin and the blockchain technology which is why I am not worried of the price dump because I know when the manipulation is over the price will start rising.
Real demand is on its way, even tho the market is a bear venture capitalists are pouring MORE money into it right now which means they believe it will go up. Now is a great time to buy (see my signature) so buy this giant dip and hold and watch the money come rushing in 
2013 was way worse: the trading action happening is controlled by a single insider bot to artificially increase the price that isn't sustainable that resulted into the 2013 ATH, or the first known (or sensationalized) bitcoin bubble. Right now, I can say that the demand during the 2017 run isn't artificial, or isn't purely manipulated to be precise. Mind you, the power of FOMO has been proven countless times in numerous occasions, so you cannot simply say that everything was a manipulated turn of events. As for bitcoin's use case, many people see it more of an asset rather than a currency. It could be a viable currency with limitations, but right now it works excellent as an investment vehicle and people are surely taking advantage of this hype.
I have been in the game for less than a year but the more I try to get information and the more I am convinced that last year huge boost in price was the result of PURE manipulations from very influent persons, and at the end of 2017 Wall Street, hedge funds took part of this too!
What Bitcoin and other coins need is REAL demand, based on real value of the coins, for using digital money as money. It's gonna take a while I think, 2017 was an anomaly.
Discuss.
What Bitcoin and other coins need is REAL demand, based on real value of the coins, for using digital money as money. It's gonna take a while I think, 2017 was an anomaly.
Discuss.
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