Topic: wild theory one (Read 919 times)

if I understood well. makes sense what you say.

Good for publicity purposes, and old statists who are too old and lazy to learn how BTC actually works so they figure maybe I'll roll the dice on wallstreet

Hopefully the Winklevoss Twins don't covertly run a fractional reserve system.  If it's legit, it'll be great for Bitcoin

The ETF would be good for bitcoin if its based on the price of bitcoin. ETFs have Options(Calls and Puts) which allow a buyer to bet on price increases and price deceases.

ETFs would be a boon for putting into a retirement account where contributions are already taxed so that withdrawals are not taxed.

No, I don't care about the ETF, although it might become useful for hedging BTC at some point.

would you rather buy into an ETF after a huge correction with lots of upside potential or in the middle of nowhere?

that's good, I don't like the ETF idea in the first place.
Maybe the whole 'experiment' is shutting down? Would be a lot of waste of people's time and money, but it would not be the first time it happens.

Here's where you're wrong, its not hard at all to drop the price.
Im fact it's getting easier by the day, the order books are getting thinner and thinner.
A few thousand btc dump  will completely collapse the economy. That same amount in a pump will only increase the price with like 50usd.

Forget the ETF, years away if ever.

I like

The evolving manipulators:
Basically initially it was profitable to pump a coin, sink it with fud and rinse and repeat.
Then the gox scam, fudsters still tried, people stopped believing the fud method fell out favor lets say before june this year.
After the gox scam, cloud mining, mining companies not delivering, 9 million hardware preorder scams, you get where that is going.
Hard to gauge exactly when but lets say when dogecoin came out, start of ruining alt coins, and now they are basically ruined, not even worth looking into for some length of time now.
The new manipulators came in and decided to do all these dead cat bounces, because hey when you buy a bunch coins and the price goes up 50 bucks in a day do to swings you create, its a big deal.

Reasons why price will go up:
Bounces are starting to become less profitable, as more people are giving up hope on btc, and obviously the lower the price, the less it can be manipulated (a $50 change at 500, large for anything else not for btc, a $50 change at $200 in a day, large for anything.)
These scam companies are starting to pay back the debts in btc, saving money, the gox repercussions (if they were to give everyone there btc back, they still make god knows how much, and can squash a lot of shit they may be facing, i'd imagine at least)
Etf shit coming at some point (quite frankly a btc etf makes no fucking sense to me, but whatever.)


You combine these factors and it is time for the manipulators to pump the coin again. They just need a reason to spur the pumping and then boom, up it goes to new highs, possibly new highs right before the etf, then up it goes more, then boom, back to fud, back to mining scam, an alt revival, and then back to the dead cat bounce parade. 

Don't get me wrong, this is just a fun crazy theory that I thought people would enjoy 
And, if btc actually does get pumped, I can refer back to this thread and pretend to be a guru.