You are viewing a single comment's thread from:

RE: Bitcoin and Cryptocurrencies Rocket To New All-Time Highs as Peter Thiel Warns Not To Underestimate Bitcoin

in #bitcoin7 years ago (edited)

That is my point exactly. USD hardly ever moves 1% in a day, that would be traumatic since people leverage 10 or even 50x sometimes. The lack of movement is why people have such large leverages to earn money on a few pips. Translate that to crypto, it would take a massive amount of money to prevent that level of daily movement. Good eye! I think most people understand how stocks work but not the forex market, which is what systems like BTC really mimic.

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.038
BTC 104905.52
ETH 3328.17
SBD 4.58