Wrong again. There are over 5 different stable coins to cash into. Not to mention the fed is looking to make their own stable coin right now as we speak. All those different stable coins would have to be manipulated at the same time for that to even have a chance of happening. And too many people need Bitcoin for legitamite reasons. It could be to send money to their family in rural areas or whatever they need it for. And that's part of the reason why it will never crash. It's funny to hear anyone talk about how the price is manipulated when the exact same stocks they are trading is also manipulated. And to hear someone complaining about tokens being created out of thin air is like a snake biting it's own tail. Once you find a currency that isn't printed out of thin air that you personally use, then we'll talk. Until then it's best to keep your mouth shut because you're doing the exact same thing we are doing but in a different way, and most of what you are talking about you didn't even know unless the media told you. When you do nothing but dig your head into the news and believe what the media wants you to believe, you turn into a puppet that is controlled by whatever anyone wants you to hear. Cut the news, cut the media and just start seeing things for what they really are. You owe it to yourself to have your own mind.
Not sure why is it so hard for you to understand it. yes every market is manipulated in one shape or form. But in order to trade any market you need to deposit cash at your broker and every manipulator also needs cash deposit/credit line and etc to trade. This is where cryptos differ. I needed to deposit cash to buy Bitcoin, but BitFinex wizards just create Tethers out of thin air to do the same. Are you intelligent enough to see the difference???? But I understand that once someone becomes a true believer into something every fact that does not confine to an ideal is ignored. Open your mind and think for yourself. Take your own advice.
Yes I am intellegent enough to see the difference, but I still do it anyway. And that's because I know how to handle this manipulated market. Why is that might you ask? Because I'm successful at it, and that's why you never hear me complaining about it. And it seems like the people, the investors who are in this part of the forum complaining about Bitcoin are the ones who have either tried it and aren't successful at it, or they have a closed mind and believe everything the media tells them, or they are trying to steer everyone away because they believe Bitcoin can take over the money system. j For whatever reason you are in here preaching to everyone about how bad Bitcoin is like you are the priest of a catholic church, doesn't do any good. In fact it encourages me even more to pursue my dream of being a part of what makes Bitcoin a success... Have a great day
Like I said once a true believer always a true believer. I never said money can not be made with bitcoin, all I am saying is that the price is absolutely artificial. Until Tethers and alike disappear, there will be no price discovery and the price you see is as fake as it can be.
I couldn't find anything hateful in my comment. Quite the contrary. And if btc goes to $100000 or even a million are stocks gonna do the same? I've heard the $100000 argument and it makes some sense, However one would think it should be on the same trajectory as gold by now but it isn't.
That is the irony, they themselves are hateful. I do not make hateful comments, just stating facts I know and my opinion. But it immediately hits the nerve of true believers, they immediately get angry and defensive at slightest doubt about their idol. Very similar to religious fanatics.
The price of Teether has very little to do with the price of Bitcoin... If you look at this chart the price of Teether vs the stable coin USDC. It may fluctuate within 1% which is 1 cent. One cent is not enough to make Bitcoin fluctuate between 6 thousand and 10 thousand dollars like you say it does. And how much is your American dollar worth? Less than 30 cents. It's lost over 60% of it's value. Let that sink in for a minute....
Wish I could read the tea leaves as well as you. I've been around too many traders vociferously pounding the table and can't find many of them now