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Author Topic: Is Bitcoin going to be forever pump and dump?  (Read 883 times)
qiwoman2
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April 23, 2018, 04:48:48 AM
 #201

Bitcoin isn't controlled by any government entity or bank, so price speculation, pumping and dumping will be a fond characteristic of Bitcoin. Of course it's a consortium of big whales that mainly control the price as they always go together to dump Bitcoin for Tether and they always do it en mass. I don't think the price of Bitcoin will ever get too stable, unless there is so much mass adoption and more and more people own it. As only a handful of people own the biggest amount of Bitcoin, they have the power in their hands to pump and dump, unlike governments that usually print more money or do trade wars and embargoes, to keep their currencies afloat.


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Troysen
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April 23, 2018, 05:08:54 AM
 #202

 Bitcoin is still a crypto regardless of its supremacy in the market, its therefore impossibee to predict what might happen to it,whether pum or dump. but i believe the market will always remain balanced.
buahkudu
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April 23, 2018, 06:14:29 AM
 #203

Will Bitcoin be a pump and exhaust forever?
it is not yet certain whether the pump bitcoin and disposal, because in terms of investing the level of risk will certainly exist. so we must understand when it's a good time to invest and how much we will invest.

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