volatility of bitcoin vs. fiat

[bigkahuna]

I am very intrigued to hear everyones opinions on this one.  I personally think bitcoin will be ok in the long run, but how can we be for sure that nobody is manipulating the markets?  I mean, fiat is fake money as it is, backed by nothing and the elites drive the markets....when stuff is bought up they sell off for profit....which causes the rest to get scared and sell as price plummetts.  Then the same elites buy it all back up when it is dirt cheap, people follow, price increases, then they repeat for a profit yet again.  How will this not occur with BTC?

Thanks

[stonerider]

I know for a fact that the cryptocurrency markets are manipulated routinely.

Something like the 90% of all bitcoins are owned by 2% of the users(whales). Do you think you are in for a fair fight?

[CoinCidental]

I know for a fact that the cryptocurrency markets are manipulated routinely.

Something like the 90% of all bitcoins are owned by 2% of the users(whales). Do you think you are in for a fair fight?

the only way you can change that is by .............buying bitcoins
now theyre only 270usd it opens up the way for more people to get a few

of course the rich will only get richer but probably even more than  90% of the worlds oil is owned by under 2% of the population (whales if you will )
whoever said life or wealth distribution was fair ??

[Amph]

I know for a fact that the cryptocurrency markets are manipulated routinely.

Something like the 90% of all bitcoins are owned by 2% of the users(whales). Do you think you are in for a fair fight?

you can't change that, because rich guy can always buy tons of bitcoin/altcoin, even if he start from zero balance

the problem is the fiat distrubution in the word

[bigkahuna]

And now the price of Bitcoin is less than 200 USD. Why?

[8up]

And now the price of Bitcoin is less than 200 USD. Why?

Market psychology.

[bigkahuna]

And now the price of Bitcoin is less than 200 USD. Why?

Market psychology.

Try to explain please.

[CoinCidental]

And now the price of Bitcoin is less than 200 USD. Why?

Market psychology.

Try to explain please.

too many trolls spreading FUD on every thread
if you were to beleive them and btc is  really doomed and never will be worth more than zero etc
why do they hang out here all day ?

complete scam artists hoping to convince people to sell low so they can affords to buy in .................lolz

[flipstyle]

And now the price of Bitcoin is less than 200 USD. Why?

Market psychology.

Try to explain please.

complete scam artists hoping to convince people to sell low so they can affords to buy in .................lolz

The only scam artists are the ones running exchanges and fake IPO's.  Oh...and the people guaranteeing everyone is going to get rich off btc.  Because they wouldn't bet any of their own personal money on those guarantees.


As with everything in life, educate and research and make sure you only invest as much as you can afford to completely lose.  Doesn't matter whether its bitcoins, silver, or stocks.  There are NO guarantees in anything in this life except for

1) death

and

2) taxes

[CoinCidental]

i will die no doubt .......but i dont pay taxes so you are at least 50% wrong my friend

[pattu1]

And now the price of Bitcoin is less than 200 USD. Why?

Market psychology.

I am surprised that buyers haven't come rushing in even at these prices.
Maybe Bitcoin is finally being treated as a currency, instead of a get-rich-soon scheme.