Original archived Re: Will you buy back in when Btc reaches $3,000?
Scraped on 08/05/2025, 12:13:14 UTC
Anyone can decide to speculate the price of Bitcoin each year but that doesn't mean they must Surely come as expected. Bitcoin is a decentralized coin . Which means its price cannot be manipulated which means it must give you the results or outcome of the market and the results is what make the price. So if Bitcoin is speculated to reach $350k by some folks does not mean it must hit $350 this year. I am not even speculating that Bitcoin will hit even $200k this year but something around 120k to $150k but $350k is unrealistic as it stands now
Well, people can make any prediction they want and it depends on their expectations. But I don't think that bitcoin price is not manipulated, on the contrary I believe that bitcoin price is seriously manipulated.
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If you think Bitcoin is manipulated then you will try to give me more insight about Bitcoin being manipulated. Although I know that Bitcoin price can be influenced by recorgnised persons like the trump who made statement of making Bitcoin a strategic reserved asset and Bitcoin boom. Or Elon musk may influence the price of Bitcoin if he decides to make an open speach to buy Bitcoin, but that is not enough reason to say it is manipulated. Because with time the trend will die and majority who bought Bitcoin because of such statement will panic and sell.
Surely Bitcoin is listed on centralized exchange doesn't make it a centralized currency or being manipulated. What they do is to merge buyers and sellers who want Bitcoin exchange for fiat and fiat for Bitcoin or any other altcoin and these has nothing to do with manipulation. Because if I decide to use dex wallet, I may still send coin to someone and recieve fiat without centralized authority knowing.