Volume is totally absurd these last days, doesn't look like an accumulation at all. Any reason, the experts?
There is no accumulation. There is no big money dying to get in. There are no whales secretly buying tons of coins.
There is no evidence for this.
The only reason you might think this is happening is because of a bunch of delusional posters here who just kept repeating it until they believed it is a fact.
The only buyers are some new guys who quickly leave again after their investment is worth 10% less within 2 hours because of the dumpers.
Shroomie and Shroomie followers (Shroomie has had me on ignore since forever b/c he seems to enjoy being blinded to any views that may differ from his own, so I am NOT really writing my response for that
broken-record fucktard):
There is more convincing evidence of the BTC accumulation theory than Shroomie's fucked-up "constant dump" theory....
Shroomie and other down in the dumpsters, should just get the fuck out of BTC if you guys believe that BTC will never go up again or that BTC is so dumped upon that it is never gonna become profitable for regular people who are investing into its future.
The reality of the matter is that there is continuous and constant building of various aspects of the BTC space/infrastructure, and there are a lot of BTC liquidation opportunities through various BTC accepting exchanges and BTC investment vehicles and BTC accepting venders and even BTC ATMs that were NOT very prevalent in the BTC space one year ago.
Even BTC related regulation has had various ups and downs around the world, but seems to be much less hostile towards BTC than a lot of people had imagined a year ago.
Yes, there could be better developments and better user-friendly BTC interfaces, but even the Apple pay system could provide various ideas of user-interface vehicles for BTC - while at the same time BTC retains much more value overall than Apple pay because BTC is much more than a payment system and much less controlled, and more independent and more versatile than Apple pay, which in the longer term will cause BTC to be a much better investment vehicle and storage of value - even though in the short term, it appears that BTC is suffering from market manipulation... from various dumper whales (or even the scaring off of regular investors, as you indicate). There is NO doubt that Apple pay is going to expand into various ways into the payment space; however, there is room for other players (including BTC).
In the end, it remains highly probable that we are gonna experience an exponential upsurge in BTC prices - even though such exponential upsurge could take several more months to materialize. Also, there is NO real indication that BTC is going to be manipulated out of existence, as Shroomie seems to be continuing to repeat through broken record "nattering nabobs of negativism."
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