Post
Topic
Board Speculation
Re: Backbone analogy for BTC current & future price movements
by
cutesgirl
on 20/01/2020, 17:17:56 UTC
Quote
After the halving, demand will double the previous supply & maybe triple

Not sure where you get those stats from.

I get what you're saying and I think there is some rational truth to it - the fact that there is likely some hard support at a price level x that is increasing over time due to the fact that there is more adoption base, more institutional use, coupled with the fact that there is no significant inflation that occurs in BTC terms.

But at the end of the day the model you describe is way too arbitrary and seems reliant on speculation for long term price growth, which we know is not true.

In that scenario of several adoption occurrence for btc, the speculations would results to positive impact on cryptocurrency? Or was that a hearsay which part of the manipulators way on deceiving many people to be attracted with price movements. Nowadays, the whales wasn't engaged with crypto yet due to many problems that hinders the increase  of each asset.
I think there are have some one or community where make bitcoin moving higher and lower price faster and become their chance to get much profit with bitcoin as investment, they have much bitcoin and they can want to do when have make bitcoin keep higher price and try to make bitcoin down as soon possible because they want earn profit every day.