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/biz/ - Business & Finance


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10997848 No.10997848 [Reply] [Original]

>“It is unfair for people to expect it to reach that $20,000 mark, there is strong evidence on how the market had been manipulated by a lot of investors who had huge holdings thus resulting in the prices to increase drastically.”

>Dan further explained by pointing out three different fractions in the Bitcoin world. According to him, the first fraction consists of the speculators who buy and hold Bitcoin as an investment. The second fraction includes the people who look at the blockchain powered Bitcoin as an innovative technology for the future and the third fraction are those individuals who look at Bitcoin as a scam but support the blockchain technology. He stated that the biggest rallying cry in the Wall Street finance world was precisely the notion of looking at Bitcoin as a scam.