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RE: Steeming For A Month
What I would worry about is the big banks buying up as much bitcoin or other cryptos as they could over time, and then selling big chunks at one time in an effort to crash the value. I don't think they can control the market by buying and holding, I think China tried something like that last winter and it didn't work.
If the banks buy up large sums they would drive the price to the moon wouldn't they, for a time anyway.
True enough. But if they sold off big chunks of it at a time, that could drive the price way down. At least, that's my understanding of it, but I could be wrong.
Well you do have a point there. I guess the speculation and all makes it more interesting.
It does indeed. :-)