Quote from: papagravel on November 30, 2018, 11:38:46 PM

Quote from: JealousCup on November 20, 2018, 08:47:18 PM

I just came across a paper written by John Griffin and Amin Shams which states that the bitcoin price was being stabilized because of a coordinated price manipulation with tether.
I respect empirical studies but I don't want to believe that. Many have become millionaires because of their investments in bitcoin and other cryptos, which is what attracted even more investors as these new currencies were being adopted by many to conduct business.
I am still a bit puzzled by the results of the study.

So that no one will tell you, but those who invested in Bitcoin at the time when it was very cheap were the first to become millionaires. Those who invest in Bitcoin at a price of ten thousand dollars and higher, will not become millionaires, they are late.
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Yes, but isn't the price dropping? My take on it is that is it's gonna drop low enough for those who want to gain control of the market to buy them all.