Post
Topic
Board Bitcoin Discussion
Re: Bitcoin great idea bad execution
by
kissme09
on 26/11/2018, 21:09:53 UTC
I was very supporting the idea of a  currency not being printed by government and peer to peer transaction
so I fall in love with bitcoin
but later discovered is not as it sounds
 here is the reasons
1- Whales control big percentage of the 21 M Bitcoin 
2-they can manipulate the price
3- they did created new coin each time they disagree LTC BCH BITCOIN GOLD ...etc
4- if you have a bitcoin you will not used as a money you will always want to keep either to sell it higher price or waiting till it reach you buying price to recover your loss

I wish I cloud have reached to this conclusion earlier
 
 [/size

This is still happening in other economic sectors. You can see a big company always trying to control other companies the way they want to find the best profit. In Crypto, if you're a low-capital investor, take advantage of the whales by going back and forth to make money.