Quote from: Mpamaegbu on Today at 03:51:49 PM

Quote from: gidobeen on May 29, 2020, 08:33:01 PM

Let's give an example of you bought 100 BTC at 9000$ Price and the price went 9010$ in seconds then you sold, so your profit will be 1000$, may 500$ fees, but the another 500$ you made it profit in seconds!

Let's discuss at the point!

This is the simple reason whales get richer at each little opportunity. Just imagine the little profit but great when multiplied by the huge investment of $900,000. How many people can afford such capital to invest in? Not many, anyway.

Yeah very true, imagine these whales injecting millions of dollars in bitcoin that makes it pump then the small ones will see this is a rally start so they'll get to it after a 3% to 5% increase after the whale did inject, the pulled it out making 2% to 4% of his money. See how big is the opportunity of the rich unlike the average and poor ones? This where goes the saying rich getting richer, and poor getting poorer. It's sad right ?

Quote from: Mpamaegbu on Today at 03:51:49 PM

Quote from: gentlemand on May 29, 2020, 09:04:50 PM

I got into Bitcoin just before the bubble of 2013. One week later it exploded and carried on exploding for weeks.

'Holy shit. This is incredible. It's like a money fountain. I am set, baby.'

After eight orgasmic weeks 2014 arrived and kicked my balls through the top of my head. I was in the red for the best part of three long and agonising years. It got there in the end. It sure as shit made me work for it.

What happened in 2013 also happened in 2017. It's an interval of 4 years. The same is expected to happen in 2021. It's the after effect of Bitcoin halving. From record, Bitcoin soars out of reach a year after every halving.

I've seen enough of the market, from ups and downs, from heavily speculated price to failures, naah, numbers do speak a lot in here but the time? I don't think it matters. Whether the interval is 4 years it is still not a subject for 2021 discussion that the price will soar, coz any time it might rise if we all want to. Decentralization is making a lot of sense now, no one's in control nothing goes wrong.