Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
pönde
on 21/11/2018, 20:00:54 UTC
The biggest catalyst that'd make BTC price skyrocket higher is simply move all your BTC to your PERSONAL bitcoin wallet (move off of Coinbase, Binance, Bitfinex, Square, Robinhood, CBOE/CME futures).

Fractional reserve, BTC lending, rehypothication is a bitch and can perpetually create no floor for prices by establishment market manipulators.

Plus if history is any indication, one these avenues will blow up and wreck the "holders" of bitcoin that really wasn't there because they failed to take such advice.

Take it off the exchanges and see what happens.

Well, are people able to download electrum wallet or print a paper wallet and move coins there? Most are not. Just think about some highly educated dudes with some university degrees like doctors, layers, mathematicians, geologists and so on. Are they able to hold coins by themselves. No, most of them are not. And these are considered to be the high IQ people. Better than anyone else. But they don't comprehend to do a very simple task. Download the wallet and the move coins there. What a retards.

So many people will hold coins on those centralized "services". But does it make any difference? Exchanges can manipulate price anyway. With out any coins. They just can create fake trades with fake volumes and with fake prices. Just like they wish.

I think the decentralized exchanges will better tell us the real price of the coins.