Post
Topic
Board Economics
Re: Bots making price go down
by
empoweoqwj
on 09/01/2014, 02:38:18 UTC
Something my father fails to understand... nothing goes up forever constantly. When something sells off, it's not some grand conspiracy by manipulators... stop being so greedy.

Bots have as much right to be there as any other speculator trying to 'cash in' on ever increasing prices of bitcoin, and by that very nature they undermine it's use as a currency, because nobody is going to use something as a currency that fluctuates 10-20% on any given day.   Wanting bitcoin to go to $10,000 is a greedy, selfish desire that does nothing to further crypto currencies... honest people can at least admit this and not hide behind this guise of wanting to 'escape the corrupt fiat system' or anything like that.

Good day profit mongers. Smiley

Completely off-topic