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Author Topic: The enemies of bitcoin price rise!  (Read 3816 times)
cuddaloreappu (OP)
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October 29, 2014, 08:08:01 AM
 #1

list those who do not want the bitcoin price to take off?

What do they gain?

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October 29, 2014, 08:11:33 AM
 #2

Everyone who wants to use bitcoin as a currency. A stable coin that could be adapted by the general public and be used as a currency and not just as a bouncing speculation asset Smiley

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October 29, 2014, 08:15:50 AM
 #3

list those who do not want the bitcoin price to take off?

What do they gain?


those wanting the price to stay low are those that want to buy little amounts each day/week slowly without it getting too expensive
those wanting the price to stay low are exchanges that dont care about a big price jumps, but as long as it moves up and down, there will always be buys and sells. meaning transaction fee's inside the exchange. if there was a price jump alot of trading slows down as people hold back and wait to see what happens, so they prefer small ups and downs to keep activity flowing.

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 29, 2014, 08:29:08 AM
 #4

First of all... The new merchant

They can establish their market in low price.

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October 29, 2014, 08:32:52 AM
 #5

list those who do not want the bitcoin price to take off?

What do they gain?



That would mostly be the current super elites, they have no reason to want bitcoin to take off:

1.) They already control money and resources on the planet
2.) They dont need bitcoin to move money fast & securely
3.) They make profit from the 3rd party money transaction confirmation system
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October 29, 2014, 08:33:12 AM
 #6

I am in favor of a slow gradual climb. This is a more attractive scenario for long term investors and anyone who wants to actually use Bitcoin as a currency.

Quick jumps and crashes are not the characteristics of a stable currency that can be relied on for preserving value.

Would I like it to jump to $10,000 each and stay at that level tomorrow? Yes. Will that happen if it is not a stable currency? No.

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October 29, 2014, 08:54:27 AM
 #7

They gain me never paying them a single satoshi. Every single day should be an ATH, even if by $0.01 USD. The crash from $1250 and repeated tanking after every time I acquire post-crash BTC, makes spending BTC... https://www.youtube.com/watch?v=07So_lJQyqw

Saying that you don't trust someone because of their behavior is completely valid.
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October 29, 2014, 08:58:04 AM
 #8

list those who do not want the bitcoin price to take off?

What do they gain?




The ones who want some more cheap coins.
They spread FUD.
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October 29, 2014, 09:22:02 AM
 #9

list those who do not want the bitcoin price to take off?

What do they gain?



That would mostly be the current super elites, they have no reason to want bitcoin to take off:

1.) They already control money and resources on the planet
2.) They dont need bitcoin to move money fast & securely
3.) They make profit from the 3rd party money transaction confirmation system


Very good points.
World banking and financial institutions are the biggest enemy of bitcoin.
If bitcoin project become successful, and mainstream, they will loose financial power and control over average people.
They will do everything in their power to prevent it!

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October 29, 2014, 09:23:19 AM
 #10

I like bitcoin being stable, it makes people more willing to spend it. If price of bitcoin rises, let's say 10% per month, holders will postpone purchases because they will get a better deal.
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October 29, 2014, 01:20:54 PM
 #11

I don't want it to go down, but I wish it would find a stable price and stay there for a year or so so I can aquire as many as possible, then it can go up  Grin. In the near future I want to be able to spend my bitcoins around the world and on whatever I want and obviously adoption is key to both this and the price rising, but I'd like for it to remain stable the most so it can be seen as a viable currency.

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October 29, 2014, 01:28:14 PM
 #12

I don't want it to go down, but I wish it would find a stable price and stay there for a year or so so I can aquire as many as possible, then it can go up  Grin. In the near future I want to be able to spend my bitcoins around the world and on whatever I want and obviously adoption is key to both this and the price rising, but I'd like for it to remain stable the most so it can be seen as a viable currency.

I think it's going to be really stable for an entire year on the current price range with very gradual growth. There aren't solid reasons to BTC to go rally mode again unless something really unexpected happens, such as, a non poor country (european) going Cyprus again.
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October 29, 2014, 02:01:20 PM
 #13

Maybe somebody who is heavily vested in an AltCoin? If Bitcoin crashes then they hope that people would start buying their shitcoin instead.
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October 29, 2014, 02:39:40 PM
 #14

I'm torn on the issue. I would like the price to drop to buy more, but I also hold a decent amount so of course I want the price to rise, which I believe it will with time hence why I'd like to buy more.
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October 29, 2014, 02:41:48 PM
 #15

The enemies of bitcoin price rise:  Shocked Sellers (non-hodlers)! Shocked

They don't want the price to go up, because they have sold recently (can't cope with escaped profits).


Selling is crime! Don't even think about it! Grin


ya.ya.yo!

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October 29, 2014, 04:02:21 PM
 #16

Hoarders and Sellers.
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November 02, 2014, 12:26:08 PM
 #17

Everyone who wants to use bitcoin as a currency. A stable coin that could be adapted by the general public and be used as a currency and not just as a bouncing speculation asset Smiley

If price dont raise dont mean is stable. IT can also fall. So only answer is: Those that dont have Bitcoins.
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November 02, 2014, 12:39:07 PM
 #18

Hodlers. If they would have sold at the right time, the price would have found THE bottom by now and we would be going up.

Sometimes, if it looks too bullish, it's actually bearish
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November 02, 2014, 12:41:39 PM
 #19

I like bitcoin being stable, it makes people more willing to spend it. If price of bitcoin rises, let's say 10% per month, holders will postpone purchases because they will get a better deal.

Actually people spend bitcoins when the price has risen and tend to hoard them during price falls.
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November 02, 2014, 01:07:50 PM
 #20

I like bitcoin being stable, it makes people more willing to spend it. If price of bitcoin rises, let's say 10% per month, holders will postpone purchases because they will get a better deal.

Actually people spend bitcoins when the price has risen and tend to hoard them during price falls.

If people hoard them during the dumps, what causes the dump?
Considering we've seen a few big ones last months

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