Replies to post #31710 on BTCS Inc (BTCS)

[Watcher411]

Volume is still relatively on pace. Dilution should kick in when we finally peak out, not while price is subpar, as there is no money in that. The added volume is used by the MM's to set the chart, it's the ammo to do so. You can see the disconnect in BTC and BTCS prices. One goes up, the other down. One down, the other up. They're setting up the charts to whichever pattern they want to display.

The BTCS indicators are looking pretty sickly at the moment, but a rebound is due. Keep in mind, we are still in a BTC bear market, so each ongoing peak should be lesser the the one prior, until the bear market concluded.

It's still my opinion that we go sub 5k on the bitcoin price at some point in the not so far future. I don't claim to know how successful these tickers will be when that occurs, so knowing when to jump on and off will become increasingly important.

It is my humble opinion that we may possibly see as low of a sub 3000 BTC price. Should that occur, it may eliminate many of the altcoins, or should they survive, create the next greatest opportunity going forward. Either BTC and alts do what gold, silver, and other commodities have not, or they are now under the thumb of regulation - like the other commodities. It would not surprise me that as stated "We will reign in bitcoin", that the exact same thing occurs, similar to what happened to gold and silver. You only need to look at those charts to find out what could occur.

However, the optimism in me still thinks there's money to be made. Digital cryptocurrency is the next evolution of the world currency system. It's three steps removed from sound money, and is the ultimate enslavement of all mankind. Irony, yes it is. We all wish to find riches within a system designed to enslave humanity. Bitcoin wasn't a random introduction, it was a pre-planned introduction to produce organic growth among the masses. With that said, it may not yet evolved just enough to draw enough people in, but we will soon see. What a world. More people should really study monetary history, rather than become duped by the lack of education of the subject. Know thy enemy is your only line of defense. Otherwise, it's 3 wolves and a sheep deciding what's for dinner, and if you don't know, your probably the sheep.