Post
Topic
Board Bitcoin Discussion
Re: Five Reasons to Impact Bitcoin Prices
by
TheUltraElite
on 26/09/2018, 08:07:14 UTC
I think the impact that affects the price of bitcoin is the Bitcoin Volume and Distribution As a relatively young digital currency, Trader speculation
Trader speculation only spreads  FUD and false information. Sometimes insinuated by others as well. People who do so are the weak hearted who tend to think too much about their investments in crypto and are not helping the community in anyway. Only making a panic sell go through so you can get back holding the fiat you had makes the volumes look manipulated.

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Believe it or not, the number of Bitcoin users who make it as a trading asset is more than those who actually use it as a medium of exchange
More than that their are bagholders who have been holding through times of happiness and despair.

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Fraud Mode Involving Bitcoin Because of its huge potential, many parties are irresponsible then making Bitcoin a new fraud object involving investors.
That only gives a bad name to some coins and bitcoin is dragged into it because of the so-called-obvious correlation between all other altcoins to be similar to bitcoin which is actually not.