Yeah all of OP's explanation are all useless in terms of increasing the value of bitcoin the title seems of so I've read it thoroughly and to find out the he says "I'm not saying it will happen tomorrow" is unlikely. To increase the value of bitcoin to atleast a $20000 it need atleast half a million dollars or more to support the masses as they hold.
realy? Half a milion dollars to do this pump? Hilarious.
What you say is a possibility, but just unlikely to happen on a large scale. It also doesn't last as we have seen. Don't forget that the more professional the parties involved in Bitcoin are, the more strategic planning is involved.
If we look at why these crazy bull runs are separated by years, it becomes clear that accumulation is a very slow process in a market significantly lacking liquidity in all aspects.
Whales will only buy up the market with confidence if they have a significant number of coins already, which should make sense. Currently we're back at the initial accumulation phase, and we don't know how long it will take.
Agree. Acumulation is long proces and this is only thing stopping whales from pumping bitcoin to 20-50k now. Because this market is not that deep. As i wrote even 1 person can change it dramatically even pomping to 20 000$ tommorow (if he will see good profit in it - and good profit will be achived when he already acumulated enought bitcoins). But when you think that bitcoin is 6 yo whale could be buying from 5$ till 1k$ then pumped to 20k where he dumped 20% of his bitcoin (only that amount he managed to dump). Now he only need to rebuy this 20% to pump to 50k where he will again dump as much as he can.
This post was not made to convince anyone that it will happend. It was made to show that even that never seen, unbelievable situation with bitcoin pump 200% in 1 day is possible. And even if it is possible than any other situation in smaller scale is possible too. Thats why we should alwais have in back of our heads that in trading nothing is cerain.