Post
Topic
Board Economics
Re: What Will it Take For BTC to Reach $1000?
by
arallmuus
on 15/06/2015, 20:06:05 UTC
what will happen after a pump is a dump. A pump will always be followed by a dump afterward basically because some people are buying at the peak point which makes them cut their lost by dumping it back. A pump cant force adoption but a stable higher price would

the point of a pump is to actually force adoption(buy forcing many people tu jump the train, to take their profit)

You said it yourself, jump on the train for profit . How do people profitted themselves from a pump then? It is by dumping them back . If we were to talk about mass adoption basically we are talking about people that is still unfamiliar with BTC and to convince or to attract someone further into BTC what you need isnt a pump / dump scheme but rather a solid stable price indeed