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RE: Wall Street Traders have Changed the Crypto Game
So far the Wall Street are winning the games and they have succeeded in taking out the weak-handed newbies after the huge correction. I don't see another hype yet, so maybe this recent rise is a bull trap that the whales are setting up. Do you think it is organic? For me, I'd rather see a 10-20 percent growth per year so that newbies will not discouraged by the pump and dump situation. Because I believe that BTC should be for all of us and whales should stop their (pardon me for the word) 'dirty gimmicks'.
I think it is a mistake to think along the lines of the stock market with % gains with Bitcoin. I truly believe that Bitcoin will become the World's most preferred currency some time in the future. It will be something that everyone has, because it makes their lives easier. When that day comes, Bitcoin will be over $100,000.
I don't trade Bitcoin, that is the one coin I only HODL. When you know where something is going, it does not matter how it gets there!
Also, the price going higher is what gets whales to sell.