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RE: The Battle And Future Of Bitcoin In Jeopardy

in #dtube7 years ago

It seems that BTC and BCH are like stock and housing markets.

The whales who control wall street crash the market so the herd will sell in a loss and run for the housing market where the housing whales are waiting. In few years they will crash the housing market so the herd sell and run for the stock market. And the cycle goes on every 20 years for the new breed to be sacrificed. There are new inexperienced whales in crypto town. The difference is that they turn the cycle every 20 weeks.

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I am not going to question the technology or idea factor. I would like to question the human factor, which is obviously present.

Exactly. technology by itself is dumm and can be manipulated by human who has self interest above all others.