Post
Topic
Board Speculation
Re: Value of Bitcoin will go down
by
boumalo
on 25/03/2014, 01:16:11 UTC
The price is manipulated by wall st now. It will rise when they want it to

Most markets are manipulated, Gold is manipulated by the US government and the big Wall Street banks, Bonds markets are manipulated by the FED, Bitcoin market is likely to be manipulated by big BTC holders and exchanges more than WS atm

The price will likely go up and down and the same over and over again. The next investor rush will happen and the price will eventually rise even higher than before as Bitcoin gains more acceptance.

The volatility is high but adoption is improving, economic turmoil and inflation will push the price higher