Post
Topic
Board Bitcoin Discussion
Re: Do not be too happy
by
CODE200
on 24/01/2021, 17:12:02 UTC
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink
sometimes that's what a person or a small investor is afraid of. Large companies have the power to dump prices quickly. and they have it all, small investors must always be aware of this in order to avoid big losses
Feel free to correct me, but as to how I comprehend those articles regarding huge companies accepting this mode of payment, they are more of a third party network than investors. As to how I interpret this, they are only into transaction fees and are not into the game itself. Unless those companies would choose to invest and risk in this technology. But primarily, they are into the money in every transaction of their users. Also, it would be hard to manipulate the market price of crypto s as evident to whales in this industry wherein they could make a slight change but not for a long period of time.