Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21254422 times)
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December 08, 2017, 06:19:36 AM

So...some of us remember the early days when someone with a good chunk of money, like $10-50k could come in and move the market around and we saw a lot of volatility and watched as the walls moved things up and down (hence a thread to watch those walls).

The response to such volatility was that as the market grew such small amounts wouldn't be able to manipulate the market and things would stabilize. But now we have financial firms and big time investment companies coming in doing the things that the small whales did in the early days.

The same response to the volatility holds true, eventually the market cap will be so big that even those big firms can't move the price very much.

Then come full nation states trying to move the price.

then we win?

no not really, they have guns, tanks and jet bombers  Undecided

you will just need to happily pay your tax then all should be good.