Let's say some entity hold large amount of #Bitcoin and are looking to manipulate the market. What can they do? Sell it all? Great, we'll buy it and then what? They won't be able to sell it again if they don't hold it.
You see Bitcoin as a token with a pricetag. Look beyond it. I'm at the stage where I couldn't care less. The only think that matters to me is to have more Bitcoin next year than I have now.
Do you understand basic economics? What happens when you flood a market with something? The price tanks, they collect actual cash they can use in the real world to buy things, and you’re left holding useless internet money nobody accepts.
Do you understand basic economics? Bitcoin is the hardest money, we ever had. It's limited to 21 million and there's never going to be more of it. As I said, look beyond the price.
Do you think #Bitcoin is useless internet money, nobody uses?
