About the cost of bitcoin. The next conspiracy theory
On Russian-language websites about crypto-currencies, there are often comments of "savvy analysts" who consider themselves, if not experts, at least they oppose themselves to "hamsters". These analysts seriously think that someone is running the bitcoin course (and, accordingly, the courses of different altcoys).
Hamsters in the community are people who "heard something" about bitcoin and decided to cash in on it, investing their money and not understanding to the end what they invest in. Such people are characterized by panic behavior, expressed in the sink of purchased crypto-moneys when receiving negative media signals for any reason - be it the future of bitcoin, the attitude of the authorities towards it, and so on. At the same time, I'm hardly mistaken if I say that no one has studied and certainly does not know how many "hamsters" in the world behave in this way, and especially did not evaluate their influence on the cost of crypto-currency
So, the essence of the theory of hamsters about hamsters is that there is a certain community of holders of a huge share of all issued bitcoins, which creates information reasons and influences the course in the right direction.
If you need to drop the cost of bitcoin in relation to the currencies of the currencies - negative information sources such as "bitcoin doomed" or "bitcoin end" are launched (aha, for the 99th time), which immediately scatter around the world and fall into all serious financial publications of the world. Most holders (the gray ignorant mass - hamsters) begin to sell, fixing profits or giving in to panic, the price collapses. Large players buy out the cheap bitcoins thrown on the market.
When the hamsters merge, the reverse processes are started, again, mainly of a media nature. For example, news of beautiful purchases for bitcoins comes to this: in the United States from 2013 (I remind you, then bitcoin cost $ 1000), you can buy "Tesla" on them, but one of these days (the course this time around $ 400) The same brand was first sold for bitcoins in Finland.
I do not know if so rich (and therefore influential) people can lobby for changes in legislation, but "analysts" also allow such an option that the positive progress in recognizing bitcoin (to a greater extent) and blockade (less because it already so everyone recognized for the good) governments of different countries proceed from the interests of the conspirators - it supposedly happens when they need to raise the value of the crypto currency.
And here begins the so-called "tse zun mun" - a phenomenon characterized by explosive growth of the rate of crypto-currency in relation to Fiats. At its peak, when the HYIP reaches incredible proportions and hamsters are ready to buy coins for incredible money, the big players merge (a question only to whom? Hamsters, venture investors, bandit terrorists?) A huge pool of bitcoins and bring down the price on it.
Here such theory.
The foregoing is just one of the versions of the causes of the volatility of the bitcoin course, called "someone definitely needs it". Maybe there is something in this about the truth, or maybe not.
All the savvy analysts agree that we must wait for the middle of the year, when the reward for the creation of one block will drop. A big "rally" is expected, which will begin closer to summer, when everyone will want to get their piece of cake and run to buy bricks. Wait and see.