Quote from: Quidat on January 01, 2022, 11:57:29 PM

Quote from: A62662 on January 01, 2022, 11:29:44 PM

It's not in the hands of the "community" anymore and hasn't been in years. It's in the hands of the 1%.

They can take it down to $3000, or they can take it higher if they want to. What the people who post and read on this forum does and think, has ZERO impact on the price of Bitcoin going forward.

How you do say so?

Bitcoin isnt something similar on fiat on where elites and big institutions are on handle or could manipulate prices as they like considering on how many wallets get involved or does have fund

then you could definitely say that this is something that cant be dropped down to 3k which is already too low to consider or we could say that bitcoin is going to die.
Nothing is assured though in terms of future aspects but we can really see the potential that it wont really be dropping out soon.

If the 1% (that pumped Bitcoin)were to dump their BTC holdings, because of for instance a stock or a bondmarket crash, triggered by for instance higher interest rates. If so, you would see a BTC crash like not seen in many years...

That is why.