Quote from: crossabdd on May 21, 2016, 08:39:06 AM

Quote from: Retailatmon on May 21, 2016, 08:34:05 AM

Quote from: Appuned on May 14, 2016, 12:38:01 PM

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Quote from: Zaduca on May 13, 2016, 08:22:36 AM

Quote from: elDano on May 10, 2016, 10:29:25 PM

For the price go down again to 400 some serious things need to be happening. I don't see this coming, since we got a positive market.
Perhaps after the halving?

The big whales can push down the price briefly down to $400. But it will not last long, the value is there.

Big whales can do anything they want with the price. But they want to profit from it, so why dump a lot of coins to lower the price if they can sell them slower and profit more?

If the whale open a short position and sell the bitcoin price to lower level, they can make profit from the short position.

But if more people use bitcoin in the future, the price will be higher even though the whales short the bitcoin.

whales of bitcoin can control the price, because they hold so many bitcoin. although many users. bitcoin whales will still be very influential.

As you can see now you see that the value of Bitcoin is now rising and it is already over the 400 so that is nice for people who is waiting for the moment to sell it.
But of course it is really nice that you are going to hold it now because the halving is also coming soon and that is nice.