Topic: What if Bitcoin just levels off? - page 2. (Read 2568 times)
I agree and hope not
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
How's that? What will prevent major holders from manipulating the market?
Ummmm... How about the TRILLIONS of dollars that's managed by the banks and the hedge funds.
Whats a 5B market cap to people who play with trillions???
Doesn't matter. Sure, it won't be possible anymore to manipulate with few thousands $, but we're talking about majority BITCOIN holders. Those will still be able to play with the market price, maybe not for long, but still.
You dont get it..
Obviously, that's why I asked.
What's going to prevent Satoshi from crashing the price if he decides to dump his 1 million BTC? ELI5?
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
How's that? What will prevent major holders from manipulating the market?
Ummmm... How about the TRILLIONS of dollars that's managed by the banks and the hedge funds.
Whats a 5B market cap to people who play with trillions???
Doesn't matter. Sure, it won't be possible anymore to manipulate with few thousands $, but we're talking about majority BITCOIN holders. Those will still be able to play with the market price, maybe not for long, but still.
You dont get it..
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
How's that? What will prevent major holders from manipulating the market?
Ummmm... How about the TRILLIONS of dollars that's managed by the banks and the hedge funds.
Whats a 5B market cap to people who play with trillions???
Doesn't matter. Sure, it won't be possible anymore to manipulate with few thousands $, but we're talking about majority BITCOIN holders. Those will still be able to play with the market price, maybe not for long, but still.
Levelling off is good as it means Bitcoins can be used what they were intended to do - act as a currency. The high volatility means it is not useful as currency yet, stability will be good in that regard.
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
How's that? What will prevent major holders from manipulating the market?
Ummmm... How about the TRILLIONS of dollars that's managed by the banks and the hedge funds.
Whats a 5B market cap to people who play with trillions???
Price is not going to level off.
Price is going much lower from here.
I've heard it could go as low as 220 from someone who made a lot of bitcoins with trading.
Of course it will go up afterwards, so stay calm and hodl if you're not sure what to do.
Price is going much lower from here.
I've heard it could go as low as 220 from someone who made a lot of bitcoins with trading.
Of course it will go up afterwards, so stay calm and hodl if you're not sure what to do.
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
How's that? What will prevent major holders from manipulating the market?
Agreed.
A stable bitcoin will be great for mainstream. Although there are alot of users that have large amounts of bitcoin, manipulation could be one factor for price fluctuation?
A stable bitcoin will be great for mainstream. Although there are alot of users that have large amounts of bitcoin, manipulation could be one factor for price fluctuation?
Not once the ETF hits. Once that happens all the early adopters, and major bitcoin holders wont be able to manipulate the market anymore... On the flip side.. the market still will be manipulated, just by the banks and the hedge funds...
Agreed.
A stable bitcoin will be great for mainstream. Although there are alot of users that have large amounts of bitcoin, manipulation could be one factor for price fluctuation?
A stable bitcoin will be great for mainstream. Although there are alot of users that have large amounts of bitcoin, manipulation could be one factor for price fluctuation?
Since the beginning of October, the price of Bitcoin has been about where it is now, $350 ± 50. There were brief excursions outside that range, but they didn't last. Difficulty has also leveled off. The last difficulty was a slight downward change.
What if that's what 2015 looks like? The Silk Road and China bubbles have run its course. Without some big outside event, there's no particular reason for the price to move much.
The speculators would be bored, but as a medium of exchange, Bitcoin might be more useful.
What if that's what 2015 looks like? The Silk Road and China bubbles have run its course. Without some big outside event, there's no particular reason for the price to move much.
The speculators would be bored, but as a medium of exchange, Bitcoin might be more useful.
I have three letters for you.
ETF
Have a good day!
Since the beginning of October, the price of Bitcoin has been about where it is now, $350 ± 50. There were brief excursions outside that range, but they didn't last. Difficulty has also leveled off. The last difficulty was a slight downward change.
What if that's what 2015 looks like? The Silk Road and China bubbles have run its course. Without some big outside event, there's no particular reason for the price to move much.
The speculators would be bored, but as a medium of exchange, Bitcoin might be more useful.
What if that's what 2015 looks like? The Silk Road and China bubbles have run its course. Without some big outside event, there's no particular reason for the price to move much.
The speculators would be bored, but as a medium of exchange, Bitcoin might be more useful.
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