Re: Anyone booked profit when btc touched $ 400 ?

Bitcoin will never be accepted as a "real" currency if it continues to fluctuate like it has in the past. Nobody wants to buy $600 worth of currency only to have it drop the next day to $480.

In my opinion, there are a select few people making HUGE money manipulating the market. There should be no reason Bitcoin rises and falls $100's (Sometimes over 100%) in such a short time.

That is true. But when the bitcoin is used more, the market cap will be high, it is more difficult to manipulate.

That is so true, but the people who continue to hold massive stock piles of Bitcoin (more than one person) will continue to do their best to manipulate the market.

I think so. But fewer and fewer people will hold big amount of the bitcoin in the future. They will be less influential.

That is right. When more people hold the bitcoin, there proportion of the big whales will be lower, they will not have big ability to manipulate the price.

That is the reason why I buy and hold the bitcoin. My aim is to hold 420 bitcoin in the next 5 years. I hope my holding can contribute to the bitcoin price.

It will contribute if you still continue buying coin in the next five years, it just a little helpful but atleast you do that to help to increase the price of bitcoin, and your lucky if you had that amount in 5years honestly I can't have that amount.