Title: It's getting kinda boring Post by: ShroomsKit on April 29, 2013, 05:03:46 PM It looks as if if Bitcoin has turned into a toy for a few big whales.
The last week was completely controlled by (i think) 1 to 5 big guys. It's so ridiculously easy to manipulate the charts atm. The whole week has been nothing but someone dumps a few k coins, price drops, someone buys a few k coins, price goes up again and repeat. Obviously they make a lot of money by doing this. But as always you need money to make money. I have no hard feelings, these people have the right to buy and sell as they please, just like i do. It's just that i think it's getting boring for us "normal" guys. We just sit here and watch how the big guys are playing around. Title: Re: It's getting kinda boring Post by: fikkah1 on April 29, 2013, 05:15:05 PM Bitcoin is a currency and follow many trditional developments of currencies. I do not see anyone who is not a big player making significant gains in Euros, Dollars or any other real wordl currency. Same will happen to litecoins :)
Title: Re: It's getting kinda boring Post by: wuwenjie on April 29, 2013, 07:10:39 PM litecoins ftw!
Title: Re: It's getting kinda boring Post by: iamalitecoin on April 29, 2013, 07:25:32 PM Title: Re: It's getting kinda boring Post by: solidshotnosh on April 29, 2013, 07:27:28 PM It looks as if if Bitcoin has turned into a toy for a few big whales. The last week was completely controlled by (i think) 1 to 5 big guys. It's so ridiculously easy to manipulate the charts atm. The whole week has been nothing but someone dumps a few k coins, price drops, someone buys a few k coins, price goes up again and repeat. Obviously they make a lot of money by doing this. But as always you need money to make money. I have no hard feelings, these people have the right to buy and sell as they please, just like i do. It's just that i think it's getting boring for us "normal" guys. We just sit here and watch how the big guys are playing around. Guise, I've been here for a few days since the spike, look at my expert opinion Title: Re: It's getting kinda boring Post by: szym00 on April 29, 2013, 07:38:32 PM ...and I have the feeling that Bitcoins are only for the RICH people now! If you do not have a big amount of money you will have problems with buying them... of course if you satisfied in something more than 1BTC :)
Also, if you do not have money, you cannot afford on some ASIC with at least 10GH/s to break a hash... that is sad for me :| |