Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin going to be forever pump and dump?
by
Dainye_dyep
on 21/04/2018, 18:21:26 UTC
All of us noticed the pump and dump scenario in Bitcoin and all other coins, is it going to be forever like this? Isn't there going to be a stage wherein the price will be stable? Cause it seems like riding and leaving a virtual money vehicle. Any thoughts will be highly appreciated.
I think, the observable trait of Bitcoin which lies into a pump and dump will stay forever for the reason that the main characteristic a currency have is this trait. The difference is that we don't usually observe our natural currency to have this trait because it just happen in a not observable manner. But since Bitcoin is a digital currency, it really lies into a massive movement over time because demand was widely open for transparency that makes our mind focuses into what we see which is a real large movement happening into the price movement of it wherein we don't think anymore the real essence of why this thing was happening.