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Author Topic: Bitcoin millioniares will crash Bitcoin to $400  (Read 240 times)
Lan75
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June 08, 2018, 12:37:54 AM
 #41

Well that is only a speculation but there are also investors who are not yet convince that Bitcoin price will end rising yet. Perhaps they would to wait more and sell when it is already six digits. There are a lot of investors of Bitcoin that are confident that bullish run of Bitcoin in not yet done.



Yeah that's right the bullish run is not yet beginning and as I've observed lately the bearish also takes over in the current trading activities. The bitcoin billionaires doesn't seem to be planning more pumping movement, as time will come as we take more effort to gain good profit when patience is over before price will be achieved.
The bearish market is i think due to the manipulation of whales and they want bitcoin's value at this range. If there is a pump soon then we should be vigilant if that pump is not due to whales who just want to gain profit. I also see a lot of support of bitcoin at $6K range so i think it will not go below this value.

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June 08, 2018, 01:59:01 AM
 #42

People who brought Bitcoin at $50 or $100 or $400, they will sell at $1,000 or $5,000 or $10,000 to be a millionaire. If they do not sell Bitcoin and bitcoin goes back to $2,000 or $1,000, they will lose their millions ($$$$$)

The logic is rather simple, since they became millionaires by being early adopters with no prior knowledge of how much price growth will be accrued over the years, they are most likely to hodl to see if they'll become billionaires. And the wise ones will simply go into full-time cryptocurrency trading and investments to amass more digital assets. All investors don't think alike, while some may think of dumping, others appreciate the value of the tech itself and how much further disruptions can take place.

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