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    Author Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN?  (Read 540299 times)
    mjcmurfy
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    November 19, 2011, 06:24:17 PM
     #1561

    therefore market will beat manipulator. the sooner, the better, than finally bitcoin can be "used" (cause it is no more a manipulator-zombie).

    If you think that people with excessive bitcoin or fiat holdings are going to just stop, you are extremely naive. Market manipulation will continue whether the price is $2, 2c, or $200.

    It is not the manipulator who is to blame for the lack of utility of bitcoin. People have been single-mindedly focused on using their coins to play the day trading game, rather than investing them in startup businesses or conducting any actual trade with them. That is why the price is going down, not due to market manipulation.

    We have manipulators operating in all of the worlds markets. The reason they are not as successful as they are with bitcoin is because real world markets are backed up by real world economic activity. There is only so much you can crash the price of real assets before the people who actually NEED them will buy.

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