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RE: WIN 500 SP - DISCUSSION: "Should Bitcoin Just Be a Currency or Store of Value?"

in #bitcoin8 years ago

Bitcoin is only stable because the market is manipulated by people who own hundreds of thousands of them, with trading algorithms you can make sure that the price always stays within 1% of itself , or you can sell 50,000 of them, initiate a market panic and then rebuy when the price has fallen 12%