1000% profits are no longer rare and with all of this accumulation and manipulation that is being executed, I totally agree with you, its turning into a freak show of profits
100btc is only 20k usd roughly, but the real kicker is how much 100 btc is going to be worth when btc gets back into the $300 price tier and then the $400 tier and so on
when you start to run the numbers on that, thats when you start to see the actual value of how easy it is to generate bitcoins right now
+ 1 Your past moves always dictate your future profits
The average trader guy is waiting for bitcoin to go back to $300 before he picks up some coins
Smart manipulator guys are manipulating the shit out of altcoins and accumulating bundles of bitcoins for free, then doubling up in the btc 2 usd market
then when bitcoin moons, even the small fish with only 10btc to their names are gonna be flush with cash
so that explains the recent scramble and uptick in volume because so many people are now starting to see that the power players use and abuse altcoins just so that they can create bitcoins out of thin air and then cash out at 2000% profit when bitcoins price explodes
its all about manipulation and more people are waking up and realizing how things
really work
There is not one coin that will look attractive to an amateur, until it actually blatantly looks attractive. New traders don't have vision so they are mentally unable to understand that there is a live and actively running cycle of movement in every single section of this market of ours
You have people saying that they hate crypto and they are leaving the market because bitcoins price is low, altcoins prices are low etc.....WTFF? do you know what mr joey bloggs, the hedge fund manager up in connecticut is thinking right now? He's telling all his underlings to pick up bundles of btc, they are investing in mining farms, accumulating a fuck load of hashing power and some are right here in the alt world just totally shitting out brand new altcoins just to "test the waters"
there is a fucking crypto currency arms race taking place, and idiots are moaning because "bitcoins price is low" ??
My question is what causes noob traders to see cheap as dead? Thats what I want to know lol, cause this defies all logic
Well i think 30% of people here are under the age of 18, so that answers 50% of your question.
These guys have brains that aren't fully formed yet LOL, and they are being treated like the carcass of an aborted fetus being slung, basket ball stye, into the nearest trash can
and the rest of them? well, i dunno..i struggle to believe that an intelligent man, over the age of 25 would sit down all day bitching bitcoin losing $2 of value, i could be wrong though
if you look at well established coin like bitcoindark that has made hundreds of people RICH, and you call it "dead" instead of cheap, then just do the world a favor and shoot yourself right now because people like that shouldn't be reproducing