Post
Topic
Board Bitcoin Discussion
Re: Bitcoin price and actions to raise it
by
GreatArkansas
on 13/06/2022, 00:02:23 UTC

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC?


I think the interest for bitcoins is still strong right now, it's just that people are very unsettled about the uncertainty of the next 6 months. There are so many issues the world faces that makes investing unpredictable. The Russia Ukraine war is still going on with no end insight, economic growth is slowing down world-wide due to rising inflation and the covid pandemic might still not be over. Without these issues the bitcoin price would be much higher with many investors buying instead of selling.
(.....)
Well .. it's a free market.

Nobody can ever make a huge impact unless if it was the like elon musk with its manipulating power + purchasing piwer .
But once the market cap getting high and higher then the bitcoin holder getting much larger... not even elon musk with billions dollar could interfere bitcoin price , it runs naturally.
For me, what we are experiencing right now is also natural. If you take a look at other markets, non-crypto currency markets, like stock markets and others, we are also experiencing bloody days.
I remember before when Covid 19 started, almost the same scene. So for me, I am considering this as a price correction with what bull season we experience last year.