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Author Topic: Here is proof  (Read 231 times)
freightjoe (OP)
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November 20, 2017, 11:54:31 AM
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Here is proof of what is really driving Bitcoin valuation.

Bits posted on this forum:

Bitcoin is the only currency that generates massive money just by holding it.

The  biggest advantages of bitcoin was able to give more money or making you money double or triple its price through time passes by.

Bitcoin is indeed really a matter of life for many people. So many people are earning their livelihood through these digital currencies specially bitcoin. Bitcoin is the best method for making money when you are jobless.

In other words, a get-rich-quick scheme paid for by poor people who have no idea what they are doing.

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davis196
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November 20, 2017, 12:16:44 PM
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme. 

freightjoe (OP)
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November 20, 2017, 12:19:51 PM
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme. 

Not true. One of the ones quoted here is a "Hero Member" the other a "Full Member". Hence this does not just reflect newbies.

Now you also add that gambling is driving it. Wonderful - even more of reason to conclude that this has nothing to do with investment at all, but is purely gambling your savings.
Oliver A
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November 20, 2017, 12:20:41 PM
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme. 
I think this is the best information what I got here... Thank you
freightjoe (OP)
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November 20, 2017, 12:21:50 PM
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme. 
I think this is the best information what I got here... Thank you

So you mean the "best information" = "fake information" ? OK.
jackinana
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November 20, 2017, 12:28:15 PM
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Well what in tarnations are you talking about? How dare you, do you even know how good bitcoin is? It has put food on my table many nights.  No more waiting for bank transaction delays or waiting to see if my clients checks bounce. Bitcoin's technology is what gives it value.
Oliver A
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November 20, 2017, 12:32:09 PM
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There`s no proof,just a bunch or posts from newbie users.
Poor people can`t pump the bitcoin price that much.The real forces that pump the bitcoin price are coming from the big whales ,who buy large amounts of btc and also hold large amounts to limit the market supply of btc.The other big force behind nowadays bitcoin price is the massive cryptocurrency/bitcoin gambling industry.There are lot`s of newbies mwho believe that bitcoin is a goldmine for "easy money",but that doesn`t mean that btc is get rich quick scheme. 
I think this is the best information what I got here... Thank you

So you mean the "best information" = "fake information" ? OK.
I agree with this because this can be one of the reasons for driving Bitcoin valuation.
freightjoe (OP)
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November 20, 2017, 12:33:16 PM
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Well what in tarnations are you talking about? How dare you, do you even know how good bitcoin is? It has put food on my table many nights.  No more waiting for bank transaction delays or waiting to see if my clients checks bounce. Bitcoin's technology is what gives it value.

Well you can also come home lucky from the Casino one evening having won at Roulette and put food on your table. But longer-term you are surely going to lose
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