My own kinda crazy feeling about Bitcoin
Call me crazy but something inside me isn't happy about Bitcoin anymore, I can get alot of insult because of this and believe me It won't affect me, because I don't care.
I don't feel the same way that I used to feel about Bitcoin anymore, I guess this is because the government is all over it right now, the massive adoption from the government instead of the retails and normal people like us hurts my guts. The decentralisation is no more, this is how I feel, now with the amount of Bitcoin on these powerful people's hand I feel that they will be able to manipulate the market even more.
We all know Blackrock, if you don't know please do your research, this people are one of the most powerful in the world, and they are well known for one thing, whatever they touches always go to shroud. Don't get me all wrong, Bitcoin have a great future ahead but we are all here for a reason, what caught my attention for becoming a Bitcoin fan was the available power out of the governments reach.
No, you are mistaken. These things should not be evaluated with "gut feelings" but analyzed in an objective
matterway. Bitcoin has never been harder to manipulate than it is today. The belief that this is not so comes from a combination of lack of knowledge and
properimproper thinking regarding these things. The ownership distribution is
irrelevantnot relevant as many believe.
What is harder to manipulate?
SomethingAn asset with a $2m2 million market cap.SomethingAn asset with a $2b2 billion market cap.SomethingAn asset with a $2 trillion market cap.
Obviously the larger the market cap, the harder it is to manipulate it. You perhaps were not
herein Bitcoin land that early, but there were times you could crash Bitcoin 10-20% or even more by issuing 1 fake news article. That's right, a single article by a random source
could manipulate it deeply. Is this what you call
less manipulativeharder to manipulate than today?
A lot of people can manipulate the assets in the first two groups, but very few entities can even make a small dent in the $2 trillion asset. Don't get me all wrong, Bitcoin have a great future ahead but we are all here for a reason, what caught my attention for becoming a Bitcoin fan was the available power out of the governments reach.
Nothing has changed about this. If you believe that it has, you should stop posting and get back to studying.
FixCorrect your gut
feeling, Bitcoin is
as great as it has always been. Bitcoin does not care. Bitcoin has given everyone time to adopt it. Those from retail that didn't adopt it yet, it is their own fault. Bitcoin remains pure.
