The vola would stop if people would stop panic buying or selling. ATM the price is at 116. If you want to sell, why not selling at 120? Or buying at 110? The price went through both 110 and 120 dozens of time in the last few weeks. It will do so again. And again, and again.
If 5% here learn that adding liquidity to the market saves them money while taking liquidity costs them, the price will stabilize. Listen: I will continue to take your money if you continue to take liquidity! Stop inducing vola. Learn patience.
If 5% here learn that adding liquidity to the market saves them money while taking liquidity costs them, the price will stabilize. Listen: I will continue to take your money if you continue to take liquidity! Stop inducing vola. Learn patience.
A ruling by Estonian tax authorities TODAY, so a hot new info:
- Bitcoins are not subject to VAT in Estonia
As you combine this with the little-known secret:
- Estonian corporate tax is 0%, the lowest in EU
You for the first time in history have the optimum jurisdiction for bitcoin trading, and soon the volatility will be gone, as more and more businesses flock in to stabilize the market. I am already there, and will start employing my "price stabilization war chest" of BTC2,000.
I can help you get started for EUR 2,000 fixed fee + EUR 500 per month including manager and bookkeeping. You get to trade legally to your heart's content, paying 0% in taxes. Full package, PM me.
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If people would start spending Bitcoin and earning Bitcoin, the price would stabilize. You'd be surprised about the bargains you get with Bitcoin.
Soon, brother, soon
