RE: ✴️ ARE YOU CURRENTLY BULLISH OR BEARISH ON BITCOIN AND CRYPTOCURRENCIES? #WHENMOON 😓

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✴️ ARE YOU CURRENTLY BULLISH OR BEARISH ON BITCOIN AND CRYPTOCURRENCIES? #WHENMOON 😓

in charlesfuchs •  7 years ago 

I think there are many whales coordinated to keep the prices low to accumulate. With all the positive attention and adoption happening, the price should already be going up!

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Your absolutely right, it’s a very small market and it’s easy to manipulate it.

Yeah like Gates and Buffet spreading FUD or the MTGOX whale I'm mean honestly why would you move 8000 bitcoins in one go?

Fishy isn’t it lol

Hmm, yeah, kinda. Mass adoption is fine, but there are also a lot of governments looking into it, what does this bring? Regulation.

Whales hate that. Obviously. People like their 500% gains in a week, they don't want another stock market with 5% over 5 years. That's why I think people are still kinda hesitant to be bullish right now.

The market cap is still extremely small. Only a fraction of the bitcoin in existence is for sale on exchanges, so we can still see massive gains in the near future. There is a stat that shows that the market cap can move 25 x higher than the fiat put in to it. Simple supply and demand on a limited supply and the gains are going to shock everyone.

yes ,,,i think so too