Quote from: franky1 on Today at 01:07:00 AM

bitcoin price is not and never been set by coins in circulation.

the price is only dependant on the SMALL amount of coin that is set on order lines.
what you find is that the small amount of coins is then bloated up by WALLS created by certain exchanges to try stabilise the markets vs other exchanges.

yep while the little guys play the penny changes to get their small 1% the big exchanges and arbitragers are playing the bigger game around different exchanges.

in short. the price does not need and doesnt have 180million users playing with $4k nor does it have 4k users with $180m

the market is actually controlled by a smaller group of people.
it does not nor ever has required millions of users to set or change the market.

once you see the orderlines make an order and cancel an order several times a second, you start to learn its all bot controlled by certain groups set across different exchanges.

its never been about XXXnumber of users. its about strategy of a few that have the positions and the walls to control the price.

yep. there is more market influence by 'arbitragers' that have no interest in actually buying and selling billions. but using their funds to make/break walls.

whether industry gets involved or millions of users get involved it wont affect the grand scheme of things in bitcoin price

once you get passed the idea of individual investors with their household bank account values. and instead realise the arbitragers not wanting different exchanges to go in different directions. and only go in one direction simultaneously. you will start to realise that industries and individuals dont really do much for the price

Thank you for this reply, can I send you a message here?

Appreciate all the answers too, by the way!