Post
Topic
Board Bitcoin Discussion
Re: Face up to reality: The game is over
by
realcrypto
on 16/07/2018, 18:52:59 UTC
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

The game is not over, this is just the beginning of the game. How will you say the game is over when bitcoin and blockchain is about to erupt the whole financial system. People and every sectors have started thinking of how to incorporate blockchain into their system in order to ensure  fast and result oriented services and to move along with the erupting digital financial trend.