Post
Topic
Board Bitcoin Discussion
Re: Bitcoin great idea bad execution
by
millgates
on 27/11/2018, 07:33:42 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
 
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Be patient mate, those whale will not hold big amount of bitcoin forever, they will sell it. Now they sell it and make bitcoin price fall , actually this is our chance to buy bitcoin at low price, I don't say to buy bitcoin now, I personally will wait until Bitcoin price reach $1500 then I will buy it again when I can see there is a signal of bitcoin price pump. If theoretically bitcoin is a good idea then the execution will be good too, just need to wait. Now we are playing with big whale.