Trollbox bitcoin value
The Bitcoin and altcoin market keeps exhibiting a high level of volatilitysuggesting easy manipulation by a minute trollbox bitcoin value of participants as the case may be. This automatically signifies tangible room for growth as the ecosystem strides towards stability. Bitcoin has experienced its highest season of volatility since the turn of the year This can be attributed to the frequency of events surrounding the technology.
News from different sources have direct or indirect impacts on Bitcoin and the cryptocurrency ecosystem as a whole. Such news comes from governments, regulatory agencies, players within the crypto and financial ecosystem. The particular news or trollbox bitcoin value source of which is most often not necessarily as important as the level of effect it has on the market as a whole.
This, therefore, suggests that some unnatural forces are at play behind price movements in the crypto market. Bates blames trollbox bitcoin value unnatural market behavior on two major factors, bots trollbox bitcoin value the black market.
Using trollbox bitcoin value recent total market decline as an example, Bates thinks that bots are to blame for the massive decline. He suggests that a unified decline in trading all across the board would seemingly be impossible to execute safe if it were being done automatically. With the news from Mark Karpeles admitting that Mt. Gox had a ton of bots inflating the trade volume, Bates is confident that most of the exchanges are doing the same. Another trollbox bitcoin value given by Bates for the peculiar crypto market behavior is the trollbox bitcoin value of black marketers within the system.
Bates thinks that there is a lot of black market money is still dominating the crypto market. One of the reasons which he gives to that effect is how the market reacts to news.
He notes that a lot of times any hint of government regulation or intervention sends the markets tumbling. This he implies to be the actions of holders who do not want government involvement. He is also of the opinion that a majority of the people holding the tokens were in it just for trollbox bitcoin value term profits, hence the very quick market reactions. Bates continues by explaining that if the people holding tokens were really in it for the long term, the market would not really react to news, good or bad.
This informs his belief that most of the trading is coming from people looking to short the industry and bots. Despite the observed inconsistencies as explained by Bates, he retains the opinion that their effect on the market will only be temporary.
Effectively, Bill Gates or Trollbox bitcoin value Buffet could prop up the entire industry with a single check since the industry market is still quite small. News-dependent market News from different sources have direct or indirect impacts on Bitcoin and the cryptocurrency ecosystem as a whole.
Bots Using the recent trollbox bitcoin value market decline as an trollbox bitcoin value, Bates thinks that bots are to blame for the massive decline. Black market money Another reason given by Bates for the peculiar crypto market behavior is the intervention of black marketers within the system.
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