With 62% of the total coins, already produced... an estimated 10-20% are 'burned' (missing thru lost wallets) and another 30% of those remaining, being held by long-term whales...
Why would you consider this an investment option?
* Unknown number of coins, burned... where does inflation or deflation begin, if we don't know the amount of "currency"
* Many, many whales that are ready to dump at a certain price. Do you want to be holding when that happens?
* Millions of coins are being manipulated in HFT, always evident on the 1min charts.
* Sure you can gain 12x returns over 4 months, maybe... again... And lose half of them in 1/8th the time.
* These companies that are 'accepting' BTC... are trading them immediately. NOT HOLDING. What happens when their volume increases and their daily sell starts affecting market prices.
* Legislation is JUST beginning
Bitcoin is down! Start buying now... those whales need an exit strategy!
Why would you consider this an investment option?
* Unknown number of coins, burned... where does inflation or deflation begin, if we don't know the amount of "currency"
* Many, many whales that are ready to dump at a certain price. Do you want to be holding when that happens?
* Millions of coins are being manipulated in HFT, always evident on the 1min charts.
* Sure you can gain 12x returns over 4 months, maybe... again... And lose half of them in 1/8th the time.
* These companies that are 'accepting' BTC... are trading them immediately. NOT HOLDING. What happens when their volume increases and their daily sell starts affecting market prices.
* Legislation is JUST beginning
Bitcoin is down! Start buying now... those whales need an exit strategy!