Post
Topic
Board Speculation
Re: What I think it will happen to BTC next months
by
iqlimasyadiqa
on 09/09/2018, 09:19:22 UTC
BTC is controlled by whales and the richest families such as Rockefeller, Rothschild, Soros... They own the companies and institutions related to BTC.  ETF will be posponed on September 30th, then price will have a massive fall. Those organizations will take advantage and buy all BTC they can in numerous wallets. On February,  ETFs will get approved and BTC price will rise a lot even to 100,000. Since people will invest on BTC, trillions and trillions of dollars will enter to cryptos. However, BTC will be even more controlled by the richest families (the real whales) since they have bought a vast majority of BTC when it was low, owning the 60-80% of it in private wallets and making people invest through ETFs.
That is indeed quite dizzy because anyone who has a lot of Bitcoin will easily manipulate prices. For someone who wants to manipulate prices, it requires a lot of money. But I still believe in the users of Bitcoin, a very large amount will make the Bitcoin market very large and I'm sure if all Bitcoin users unite to use Bitcoin much more often then over time the price of Bitcoin will continue to increase.