Bitcoin Forum

Other => Beginners & Help => Topic started by: ShroomsKit on April 29, 2013, 05:03:46 PM



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
litecoins ftw!

Difficulty going through the roof!


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 :|