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Author Topic: Lets face it, real money controls BTC and crypto ...  (Read 351 times)
stomachgrowls
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December 09, 2018, 03:20:23 PM
 #21

My prediction?  Back to $600, the price before the last big pump.  That will wipe out most ICOs and AltCoins as they will be worth absolutely nothing.  You can also say goodbye to most of the big money investments in trading platforms and exchanges.
Do you have the crystal ball?  Grin Telling about that $600 price prediction.I cant really deny that Money do really control everything.It can
go inside and out into different investment neither on traditional markets or on crypto. The sure thing is that those people who do have the capacity or capability
on moving out funds on a manipulative matter will always have the advantage. No one really argues with you about such matter.

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guoyu78
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December 09, 2018, 03:49:27 PM
 #22

It's nothing to do with the BCH fork, or BAKKT, or the ghost of Satoshi. 

Watch the news.  Stocks and shares are tumbling as well.  US and China worries are affecting the stock market, and the same people selling there are selling here.  What is the point of being decentralised if "big money" still owns your ass?  It's a joke.  Crypto is just another column on a "profit & loss" spreadsheet somewhere.

My prediction?  Back to $600, the price before the last big pump.  That will wipe out most ICOs and AltCoins as they will be worth absolutely nothing.  You can also say goodbye to most of the big money investments in trading platforms and exchanges.
First of all in order to drop the price of bitcoin the only way is to sell bitcoin, which means by your logic the "big money" needs to own a lot of bitcoin and drop the price of it. Let's assume there are a lot of whales who own a lot of bitcoins that keep on selling, why do you think they would wait in between so much ?

I mean when the price went from 6.5 thousand to 5.6 thousand I would totally understand the logic but than it stayed there for a while and dropped to 4.8 thousand and so forth for a while until it reached to 3.4 thousand now.

I really doubt bitcoin is "controlled" by some big whales but Craig Wright is literally the only person with that much bitcoin which means "bitcoin cash" that you disregard is biggest reason we have for this price. Not that many "real money" is in bitcoin, most of it is people who got in early.
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December 09, 2018, 04:44:08 PM
 #23

Bitcoin is decentralized unconfiscatable hard money limited in amount, which is measured against an infinite-supply fiat. The properties of Bitcoin are unique and will always be desired. All price suppression of Bitcoin measured on infinite-supply Maddof scheme fiats are nothing but temporary. They allowed the Futures market to suppress the price and create desperation so they can buy most of the supply themselves and own it, so sooner or later prices will have to go up.

It's just a question of asking yourself: What wins in the long term: easy money or hard money? If you think easy money will prevail, then hold cash, if you think hard money wins, hold gold and Bitcoin.
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December 10, 2018, 11:45:51 AM
 #24

Bitcoin is decentralized unconfiscatable hard money limited in amount, which is measured against an infinite-supply fiat. The properties of Bitcoin are unique and will always be desired. All price suppression of Bitcoin measured on infinite-supply Maddof scheme fiats are nothing but temporary. They allowed the Futures market to suppress the price and create desperation so they can buy most of the supply themselves and own it, so sooner or later prices will have to go up.

The thing is, all the new exchanges and investments that cropped up last year were all considered viable at the $20K mark.  Look at Consesnys.  They still have their Ethereum, but that doesn't equate to much real money these days, so they had to lay people off.  It is only with these projects that Btc actually becomes usable by Joe Public. 
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December 10, 2018, 11:58:06 AM
 #25

OP is trying to get to fear and despair quicker so Bitcoin can recover.... keep up the good work OP  Cool

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December 11, 2018, 10:01:37 AM
 #26

It's nothing to do with the BCH fork, or BAKKT, or the ghost of Satoshi. 

Watch the news.  Stocks and shares are tumbling as well.  US and China worries are affecting the stock market, and the same people selling there are selling here.  What is the point of being decentralised if "big money" still owns your ass?  It's a joke.  Crypto is just another column on a "profit & loss" spreadsheet somewhere.

My prediction?  Back to $600, the price before the last big pump.  That will wipe out most ICOs and AltCoins as they will be worth absolutely nothing.  You can also say goodbye to most of the big money investments in trading platforms and exchanges.
Those has huge fiat can enter crypto and manipulate the crypto market with their huge amount of coins. This is all about money and nothing here for the product. If bitcoin will fall at $600 then this could be another market reset as those alts will be erase from the market. New investors will come and start another journey.
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December 14, 2018, 02:02:04 PM
 #27

It's nothing to do with the BCH fork, or BAKKT, or the ghost of Satoshi.

maybe there is nothing to do with " BCH fork, or BAKKT, or the ghost of Satoshi ". but this prediction:

My prediction?  Back to $600...
 

was in September to October 2016 that the price was  $600, the volume that year was very small if we compare with the current volume. so the odds of falling to $ 600 are still very small in my opinion

If bitcoin will fall at $600 then this could be another market reset as those alts will be erase from the market.

when the price was  $600 still there were many altcoins

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December 15, 2018, 05:08:36 PM
 #28

It's nothing to do with the BCH fork, or BAKKT, or the ghost of Satoshi.  

Watch the news.  Stocks and shares are tumbling as well.  US and China worries are affecting the stock market, and the same people selling there are selling here.  What is the point of being decentralised if "big money" still owns your ass?  It's a joke.  Crypto is just another column on a "profit & loss" spreadsheet somewhere.

My prediction?  Back to $600, the price before the last big pump.  That will wipe out most ICOs and AltCoins as they will be worth absolutely nothing.  You can also say goodbye to most of the big money investments in trading platforms and exchanges.
Did you thought otherwise? Bitcoin is without a doubt a step in the right direction but did you thought that everything was going to change just because bitcoin was created, bitcoin is a form of money so it is natural that it is subject to other forms of money, what we are looking for is that bitcoin becomes a more dominant currency or even the most dominant currency around the world and then the roles will be reversed.

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