Quote from: Tankdestroyer on June 02, 2018, 11:29:58 AM

Quote from: pxo.011 on June 02, 2018, 08:13:19 AM

it all depend on our faith with bitcoin

Bitcoin is not a religion, so don't ever mention your faith with bitcoin. I guess it would be better if we would reword it as "believing in the potential for growth of bitcoin".

Quote from: jamesashmore1964 on June 02, 2018, 10:25:36 AM

There are BTC pumps all the time: impossible to trade in this environment!

It ain't impossible to trade in this environment. In fact, that same characteristic of bitcoin is what attracts investors to invest in it and take note that bitcoin is not pumping all the time(it doesn't happen all the time). The movement we have now IMO is just normal volatility and it ain't a pump.

This market is not attracting that many investors: Institutional money will not enter the market for a long time, many retail investors are leaving and some are entering the market. This market can not grow because there are not enough investors. BTC is in peril because when people buy in other pairs there will be no need to buy it: exchanges will make it easier to buy in using a usd token and then use that to buy alts and BTC will NOT BE THE RESERVE CRYPTO.

BTC will die a slow death because of this. ETH will not suffer from this because many platforms are built on it. No platforms are built on BTC. Also greedy governments are using taxation equations that are not fair and putting people off getting involved in cryptos!