Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.
I think we will very easily agree that we have already moved quite far from the time when Satoshi and Hal paved the way for Bitcoin and that for years (especially after 2017) we have been moving in a direction that takes us away from what Bitcoin should have been. I think that people are generally not ready, or maybe it's better to say that they don't want anything like Bitcoin, because most of them are heavily influenced by their governments and politicians and listen to them in practically everything.Yeah, as Satoshi laid out: BTC can be anything that is useful to the world in the future, the potential of BTC is not just limited to a means of payment or the ability to transfer money across borders. BTC can be used for Inscription or something more interesting, so I believe that every decision of the community is the best thing for the future of BTC, including the decision to keep the block size the same in 2017.
Therefore, it is logical that Bitcoin went in the only possible direction in which it could survive - because if the majority did not want to use it as a currency, and at the same time there was no interest from the big players, I wonder if we would be here today discussing Bitcoin.
Given that I have been with Bitcoin for almost 10 years, I think that, like many others, I remember that time with a bit of nostalgia - because people were with Bitcoin not only because of the price, which was incomparably lower then than today - but because they felt some kind of freedom in in the sense that they can be their own bank.
The public deliberately encourages the government to provide support for cryptocurrency, but you must know that the government will not make decisions without considering the risks that might occur. The government is aware that the unstable movement of up and down cryptocurrency prices is very dangerous for its citizens.
gone are the days when the silent revolution supposedly grow after KYC and then it becomes the normal already where its now suppress. in fact more people are siding governments because of the thinking that we need the government for the adoption of crypto.
there is truth to it though but still BTC can stand on its own without the government but then the community becomes more divided when there were forks done.
~snip~
BTC is for everyone, which means that large organizations can also participate in the BTC ecosystem: buying or selling BTC, accumulating BTC, manipulating the BTC price. They can do whatever they want, just like I can transfer my BTC without asking for permission from BlackRock or the US government. That is the decentralized and neutral nature of BTC, and while we respect it, we must also accept the participation and impact of bigboys in the market.
So, I feel confident in saying that the adoption of BTC as everyday money - 15 years after its launch - is basically zero.
Where I live, if my only money were BTC I'd starve.
Or have a very limited, exotic diet :D
As an investment, BTC has been a success story.
As a currency, a failure.
Imo BTC has failed as currency because of its volatility.
Think of a business - a dentist, barber, taxi driver, shoe seller - having on average a 3-5% profit out of each transaction.
Accepting BTC he could lose - given BTC volatility - all of that within 1 day.
Nobody likes to work for nothing.
Why take the risk.
Why accept BTC and then be forced to convert it as quick as possible in a stable currency.
"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Whom to be blame themselves or the creator of bitcoin?"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.
I agree. I think one of the reason why people are only watching the price momentum because of the fact that we treat Bitcoin as the best investment rather than using it as payment method. The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system dwhich is for me not an option anymore due to some reasons like high fees."Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.
The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system which is for me not an option anymore due to some reasons like high fees.
Whom to be blame themselves or the creator of bitcoin?"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.
Whom to be blame themselves or the creator of bitcoin?When it comes to the losses they experienced, if people blame Bitcoin's creators, then that is quite stupid. But it's true, there are still people who think about this. Yes, once again, once a hater will be hated whatever the conditions. then I will always hate the existing situation. But basically, we understand that if someone who is new to crypto immediately starts investing in Bitcoin without sufficient understanding first, and has very little patience, and doesn't want to learn and understand it first, then this will actually be a deeper misconception. Again. because their benchmark is investing and taking profits. but does not consider the process aspects of the investment.
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.
It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.Whom to be blame themselves or the creator of bitcoin?When it comes to the losses they experienced, if people blame Bitcoin's creators, then that is quite stupid. But it's true, there are still people who think about this. Yes, once again, once a hater will be hated whatever the conditions. then I will always hate the existing situation. But basically, we understand that if someone who is new to crypto immediately starts investing in Bitcoin without sufficient understanding first, and has very little patience, and doesn't want to learn and understand it first, then this will actually be a deeper misconception. Again. because their benchmark is investing and taking profits. but does not consider the process aspects of the investment.
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.
So at all cost would always want to venture into bitcoin investment, but the success of their investment depends on their level of information they have through the period of their investment. There are people who doesn't go information and just jump into market since he knew that people are going into bitcoin investment, even though he decided to go for long time investment but without knowing the right things could fall out of fate. So, any person(s) who is wanting to invest would should go for knowledge to have it sufficiently enough to manage their holdings.It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.Whom to be blame themselves or the creator of bitcoin?When it comes to the losses they experienced, if people blame Bitcoin's creators, then that is quite stupid. But it's true, there are still people who think about this. Yes, once again, once a hater will be hated whatever the conditions. then I will always hate the existing situation. But basically, we understand that if someone who is new to crypto immediately starts investing in Bitcoin without sufficient understanding first, and has very little patience, and doesn't want to learn and understand it first, then this will actually be a deeper misconception. Again. because their benchmark is investing and taking profits. but does not consider the process aspects of the investment.
We know this and even before now they never believed in bitcoin because then many of them where seeing it as something that is so manipulative and some point could lose their investment and yes they don't really get convinced just like that, let say someone just came up something you never had experience of or even know how it looks like and asked you to invest or put your money would you just put your money or you would wait to monitor how that thing works first, and maybe would want to be thoroughly convinced before you could do that so, same thing is applicable to the current world where people are wanting to delve into bitcoin investment not just of utilizing the true nature of it but both in profits and they believed is going place and here to stay.
I agree. I think one of the reason why people are only watching the price momentum because of the fact that we treat Bitcoin as the best investment rather than using it as payment method. The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system dwhich is for me not an option anymore due to some reasons like high fees.
It's true, the losses experienced by traders are of course their own fault because they are too easily influenced by the situation in the market and they enter bitcoin without further knowledge, bitcoin has a very high risk therefore before buying bitcoin you must do it. research first.
This year bitcoin once again brings good jump for all investors so I guess what is happening in bitcoin is just a resting for what better coming in the next months or at least a year.Usually when you want to make a price decrease there will be a pump again and after that it will enter a bearish period, for now I see the graph that has happened, there is no pump happening again, it will probably happen in the middle of this year or maybe it could happen at the end of the year This.
so I know that I can wait a little more before feeling frustrated at least.
So there is no article that will change my mind about what I need to deal in the future.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThis year bitcoin once again brings good jump for all investors so I guess what is happening in bitcoin is just a resting for what better coming in the next months or at least a year.Usually when you want to make a price decrease there will be a pump again and after that it will enter a bearish period, for now I see the graph that has happened, there is no pump happening again, it will probably happen in the middle of this year or maybe it could happen at the end of the year This.
so I know that I can wait a little more before feeling frustrated at least.
So there is no article that will change my mind about what I need to deal in the future.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThat's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
Personally, I prefer pairing my assets with BTC on Bitget's smart portfolio to accumulate more BTC whenever the paired assets pump against it, because of it enduring value.
I actually do all of my transactions in bitcoin and never buy or sell any, as I don't have the means to do so. So it's out of necessity, really. It is quite limiting but that was the way it was intended to be used.My country is starting to ban P2P as well. But my exchange still supports it. And you are right. That was the way it was intended to be used, and using it that way seems to affect fiat currency a lot. Maybe that is one of the reasons why my country has decided to start going against P2P.
The more dip the price of bitcoin is seen, the bigger the opportunity for us to save bitcoin. We have already lost many big opportunities before, but even at this time, if we don't take advantage of the dip season of bitcoin, it will be a big failure for us. so, instead of panicking, you should be more happy to see the price of Bitcoin falling. and should invest in Bitcoin as per the ability which can bring a good result in future. so just buy bitcoin without any worryingThat's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
That's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.That's right, therefore we now have to immediately prepare USD to get ready to buy bitcoin and other coins that have cheap prices when the bearish season comes. This fall in the price of bitcoin must have bad news that can trigger whales to manipulate the coin price in the market so that it appears to have fallen very deeply.
All the coins were lower in price but now they are steadily pumping to attain their top positions because Bitcoin has been increased from 62k$ towards 66k$.
This slight pump suggests that bear season has not yet started but still people can buy their favorite coins as the price is not as high as everyone was expecting before halving.
This little increase means that the market is recovering now but the whales are trying a lot to change the market condition by making their trades on large scales. We have to accumulate our coins and then have to let the profit take in future when the price goes higher.
This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.
yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.This is what usually happened to the market because those who holds enough quantities influences the market with their trade, even some institutional traders that have hold series of people's funds into their custody they manipulate the market with their trading power after which when they noticed the small scale traders has fed the market they end up buying more while little traders ends up selling their coin to secure their capital against dropping significantly.
Such types of traders manipulate the market and they play a big role in changing the value of market because their trade is not in smaller scale but they make such a greater percentage of traders through which the market easily changes into the opposite direction of other investors thoughts.
Like currently everyone was assuming that the market will reach 100k$ after 73k$ but everything gets opposite because a huge dump was created due to higher selling percentage through these sorts of traders. But fortunately the market again recovered back and now it is more than 70k$ and surely it will go higher than this value in the coming months of this year.
(https://i.ibb.co/KzgYnC6/1.png)
How BTC was hijacked from means of payment to store of value
"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.Regular changes in the market is normal but sometimes the changes surprise us because sometimes we see a lot of volatility in the market. We don't pay much attention to this volatility in all other coins in the market, but when there is excessive volatility in the Bitcoin market, it is unusual for us. But the market is now positive and it is expected that the market will be more positive from this position. I think now every investor is waiting for the market to touch 100k dollar hopefully it will happen very soon.
Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.
And during this entire period, the exact time when this digital asset might have protected multitudes of users and businesses from rapacious inflation growing out of the worst and most globalized experience of corporatist statism in modern history, made possible due to the money monopoly of central banks that funded the operation, the original asset that carries the symbol BTC was systematically diverted from its original purpose.
So, yes, I became an early enthusiast, writing hundreds of articles, even publishing a book in 2015 called Bit By Bit: How P2P Is Freeing the World.
I could not have known it at the time, but those were in fact the last days of the ideal and just before the protocol came to be controlled by a consolidated group of developers who jettisoned entirely the idea of peer-to-peer cash to turn it into a high-earning digital security, not a competitor with state-based money but rather an asset designed not to use but hold with third-party intermediaries controlling access."
zerohedge.com (https://www.zerohedge.com/crypto/what-happened-bitcoin)
Do you have additional evidence to support the allegation that Project Hamilton organizers sought to actively disrupt the operations of decentralized currency (i.e. Bitcoin) users and merchants?
yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.
"Those who involved themselves in Bitcoin markets after 2017 encountered a different operation and ideal than those who came before. Today, no one much cares about what came before, speaking of 2010-2016. They are only watching the upward price momentum and are thrilled for the increase in the asset valuation of their portfolio.
Have you then consider the reason why many people do this, its because they have realized that the past is gone already and there is nothing you can do towards that again, but we all have the ability to influence the future right now from our decision taken today, that is why those that invested lately never consider themselves as late investors, because they realized that opportunity in bitcoin network is a continuous expectation they can always achieve with time.
That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.
There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.
For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.
Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.
There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.
For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.
Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.Whales have strong control, so never fight it.
Most times I do understand that whales are the ones who are mostly responsible for market manipulation and when they notice that market is experiencing a form of bad news they could also use that medium to dump the price so that the minor trader could used that medium to panic and sell of their holdings.Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.yeah there are some market forces that is controlling the market because when a large trader gets into the market you would see that the market won't be stable or possibly if there were sad news about the market you would notice the changes in market, but most times there are people who may decide to hold and not to trade because market may easily recover after some while or when the news is notice to fiction or not authenticated.
There are different factors that play a role in market fluctuations and most of the time the effects of news are very strong which can suddenly alter the market price. Selling and buying in large percentage can also influence the market price but this cannot be done by common investors who just invest in a single coin but those who invest largely in every successful coin can influence the worth of the market.
For managing the situations we cannot sell our coins when there happens a decrease in the value but we can hold it to avoid failure because without holding we cannot reach our destination.
Imo BTC has failed as currency because of its volatility.
But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.Indeed, whales are the ones who can manipulate the market because they have the biggest holdings among the others. Those whales particularly good at analysis. They know how to analyze the chart and much more with fundamentals. Usually they start to manipulate the price when they heard a news related to cryptocurrencies whether it's bad or good news they move harmonized to it. But these all is not new to us, we should know their moves so that we can make a good decision to safeguard our funds.Whales have strong control, so never fight it.
I'm just going to follow how the scenario that whales do, follow on their backs to make a profit as well.
Cryptocurrencies are decentralized and no one can manage everything, but whales have plenty of money to set some of the trends that will occur.
they influence the media very well to change some fundamentals, do FUD, NEWS to run price speculation that has been determined.
Therefore, do not occasionally oppose the Whales if you are only a middle-class trader.
But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.can you provide data evidence of 90% of the trader's failure?
I do not have any data, however there are several publications saying that 90% of traders failed. I believe this is true because the majority of my friends quit trading. And I didn't hear a word from my batchmates, so I believe the most of them quit. I've also had a lot of losses and considered leaving, but I've learned that you can only say you failed at trading if you give up.But the problem is we don't really know exactly what their next move. Because if the strategy we are using detects the whales movement, we all now profitable. But based on the data, almost 90% of the traders failed. So this means it's hard to predict their next move. Consider this, whales also know our strategy and their goal is to make money from small traders and investors like us. So we should act different from them.can you provide data evidence of 90% of the trader's failure?
If it is true that many failures occur it is because of the panic that occurs, because whales also have a backup plan to manipulate the market to match the strategy they do.
Whales already know the steps of small traders like us, but at least we have to get out of the zone and find another way to avoid being detected by whales.
-snip-Yups, obviously whales have more sophisticated tools to monitor all the activities of small traders like us.
Whales can detect us because there are tools that indicates the movements of small traders, so we need to do to avoid being caught is to make a move that is different from small traders.
Gone is the talk of separating money and state, of a market-based means of exchange, of genuine revolution that would extend from money to the whole of politics the world over. And gone is the talk of changing the operation of money as a means of changing the prospects for freedom itself. The enthusiasts around Bitcoin have different goals in mind.
Many people are associating the value of Bitcoin with its ups and downs on the price and not so much of the things that can benefit the people and the society. I would fairly say that greed is now the moving factor with most of the people involved with Bitcoin and I would also say that it would be this can be true for years to come.
Yeah. We can't find any stuff that says that it's small traders vs. Institution. Sometimes small traders doesn't matter to them. It's an Institutions vs. Institution, they don't always have the same bias in the market so I think there are cases that they get money from their fellow institutions. If we big candlestick with large volume, it's them.-snip-Yups, obviously whales have more sophisticated tools to monitor all the activities of small traders like us.
Whales can detect us because there are tools that indicates the movements of small traders, so we need to do to avoid being caught is to make a move that is different from small traders.
In fact, they can perform manipulations quite easily. change the market trend so that there is more FUD and then buy back at a cheaper price.
They have arranged it and we are only used as a comfortable meal to increase the coffers of profits.
That is it, only those who have some of form huge supply on the coin because when those people controls the market its surely affects that particular coin price and when the investor are not patient enough it would lead to serious dump cause panic to other coin holders since those coin are being paired with that particular coin for trading.
Whales are continuously putting effects on the market price but only wise people will not change their mind according to the situations created by the whales while many others will panic sell due to which market will go more down and down. But this dump will not be the end of the crypto market but whales will again take advantage of such a dump and will make purchases on a huge scale.As a retail investor, I agree with you. We will never be able to follow the movements of whales to manipulate the market for their benefit. All we can do is probably just wait for every bullish moment to come, or a price bounce to come. As long as we do not have control of the market, then never make decisions as if the market is in our control. It's better to wait and see when the bear market comes. FOMO always causes harm to most people.
There is no other way during dumping to wait more because only patience can make you able to reach the higher worth achievement again but if you have no control over your anger and Greed then nobody can help you to take your advantage.
Lolz, we don't even have anything to say in the movement of bitcoin or any other cryptocurrency. Our investments have no effect in the market demand and supply. We can only invest what we can and sell it whenever the price rise to our gains. We are not competing with those whales who manipulate the market. Yes FOMO always come to those who are afraid to miss out the Bull run and the All Time High.Whales are continuously putting effects on the market price but only wise people will not change their mind according to the situations created by the whales while many others will panic sell due to which market will go more down and down. But this dump will not be the end of the crypto market but whales will again take advantage of such a dump and will make purchases on a huge scale.As a retail investor, I agree with you. We will never be able to follow the movements of whales to manipulate the market for their benefit. All we can do is probably just wait for every bullish moment to come, or a price bounce to come. As long as we do not have control of the market, then never make decisions as if the market is in our control. It's better to wait and see when the bear market comes. FOMO always causes harm to most people.
There is no other way during dumping to wait more because only patience can make you able to reach the higher worth achievement again but if you have no control over your anger and Greed then nobody can help you to take your advantage.
FOMO sometimes happens to investors who don't actually know the status of the market like newbies that is why studying the market structure is a must for every investor. As big players manipulate the market we will also try to grab the opportunity to buy and sell whatever price and trend will be. But beware of traps especially for traders because that is very common in there just don't mind the holders because they are safe from stress. 😅Lolz, we don't even have anything to say in the movement of bitcoin or any other cryptocurrency. Our investments have no effect in the market demand and supply. We can only invest what we can and sell it whenever the price rise to our gains. We are not competing with those whales who manipulate the market. Yes FOMO always come to those who are afraid to miss out the Bull run and the All Time High.Whales are continuously putting effects on the market price but only wise people will not change their mind according to the situations created by the whales while many others will panic sell due to which market will go more down and down. But this dump will not be the end of the crypto market but whales will again take advantage of such a dump and will make purchases on a huge scale.As a retail investor, I agree with you. We will never be able to follow the movements of whales to manipulate the market for their benefit. All we can do is probably just wait for every bullish moment to come, or a price bounce to come. As long as we do not have control of the market, then never make decisions as if the market is in our control. It's better to wait and see when the bear market comes. FOMO always causes harm to most people.
There is no other way during dumping to wait more because only patience can make you able to reach the higher worth achievement again but if you have no control over your anger and Greed then nobody can help you to take your advantage.
(https://i.ibb.co/ZXJRPqf/1.png)
In fact, it is a painful article, but it is very expressive of the bad reality that Bitcoin has reached after it was hijacked by some greedy people, and now things are getting worse because of governments that have begun to contain Bitcoin in a circumventing way.
Most people currently only care about the price of Bitcoin and do not care about the other unique features of Bitcoin, and because of their greed, governments have been able to control Bitcoin by controlling centralized and decentralized third-party services.
I see that Satoshi's dream is about to be lost, and Bitcoin today is very different from Satoshi's vision when it was created
(https://i.ibb.co/ZXJRPqf/1.png)
Ripple and WEF, name a more sinister duo.
Ripple is a Piece of Crap coin that is basically used only by banks - there is iterally no reason for a normal person to use Ripple and since their executive management knows this, they keep wasting their time spreading FUD about Bitcoin, Ethereum, and everything else the market likes to trade.
I think something, in every community there are always people who are enthusiastic and love crypto for their way of seeing things in everything, in Development, scalability and how they can become fond of their coins, it doesn't matter if it's XRP I think that's something that many love about this crypto, but when it comes to BTC, we all know that it Represents money, are there many Enthusiasts? Yes, but even so, there are more people in the world who are more interested in money, I have seen in the bitcoin community that there are still people who are enthusiastic and who do not care much about the value that bitcoin has with respect to fiat money, for them they are more Interested in the currency as such.(https://i.ibb.co/ZXJRPqf/1.png)
Ripple and WEF, name a more sinister duo.
Ripple is a Piece of Crap coin that is basically used only by banks - there is iterally no reason for a normal person to use Ripple and since their executive management knows this, they keep wasting their time spreading FUD about Bitcoin, Ethereum, and everything else the market likes to trade.
I agree NAT but that wasn't my point when quoting XRP.
My point was use case, real utility.
These are important features when talking about this or that cryptocurrency.
What's BTC use case? - beside making $$$?
What's BTC real utility? - beside making $$$?
It seems to me that BTCers & the crypto community in general have lost focus on those fundamental questions