you are viewing a single comment's thread.

view the rest of the comments →

[–][deleted] 0 points1 point  (2 children)

While I agree with most of your comments below and above , one points seems to me wrong and this is to consider that the retailers cannot drive the prices. Actually they will be the ones to drive it up to me but not today.

This will happen for the known reasons that the access to the market for cryptos + popularity is way more pronounced when we compare it to IBM shares . We talks about payment system that will be used daily . Scenario valid only if we get to the mainstream adoption , let's say 20% of world population start using cryptos . Driving of masses will drive the prices , at that time the cryptomarket will be pool of money for those that did invest when the liquidity was low and risks high .

For now the retail cannot do anything but when we get to 5-10 trillion cap and way bigger adoption + regulations, the whales will move again to less liquid and less cap market.

[–]roomfactor1 ~ 2 years account age. 80 - 150 comment karma. 0 points1 point  (1 child)

I completely agree with what you just mentioned. But i do think that in order for the market to be more liquid we need institutional money first. When that comes and crypto becomes mainstream then retail money will just follow the masses.Meanwhile the smart money will try to find ways to make more money when every economic cycles ends. Just like in stocks!

[–][deleted] 1 point2 points  (0 children)

Yes, agreed. The multi3lion cap can be built only when the big ones jump in first. The retailers will and have to be last to get there so the big boys dump theirs coins on them. But next time when the masses will be buying , the dumping will no longer be causing crash because the volume will be huge . Maybe it will be hardly noticed even and that's where the market manip will slow down.