http://www.nasdaq.com/article/recent-big-bitcoin-drop-looks-like-a-squeeze-that-could-be-a-huge-problem-cm434773"Even when mining is completed and all Bitcoin are in circulation, at a $200 exchange rate, that represents a market cap of $4.2 billion. That is a big number, but to a forex market that turned over $5.3 trillion each day in 2013 it is a drop in the ocean. BTC will be just too easy to push around."" regulation of some kind to protect what is still a very young market before the traders kill it."So bitcoin has to increase in price many fold in order to enter forex markets and reach greater heights! but with a bitter pill regulations?
First of all that quote you posted only shows how stupid the person was about bitcoin. mining will never end. it cant, no mining means no transactions processed.
The lack of intelligence in traders in this forum astounds me. Do you have any idea about real currencies, and trading. Everu single currency market is manipulated. Every single one every single day. Its call forex bro, and the big banks are the dominant species there. it dont make a rats ass what it is where its at, if its on forex, it doesnt mater what the market cap is the banks are manipulating it. and guess what. price manipulation and collusion is illegal HOWEVER they still do ti every day. And they are so arrogant about it they even have a website about gold price fixing. they sya its to hold the value overnight worldwide for miners, refiners, buyers and sellers to ahve asteady price, but in reality its all just a collusiojn and manipulation scheme for the big banks to make a lot of profit.
