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the article actually says that it is a great tool for brave traders. Especially with the crazy up and down waves. the article does not say bitcoin will disappe

• alwillis 5y ago
  especially that it is so easily manipulated by billionaires. Ironically the billionaire in question is Elon Musk, who's company bought $1.5 billion of BTC as a treasury reserve asset. Tesla sold 10% of its BTC after it appreciated in price to make it appear to be profitable, even though Tesla made more money selling BTC than it did from selling cars. The price corrected because said billionaire tweeted stale energy FUD because he wants to make his company--who's cars plug-in to a grid powered by fossil fuels and who's batteries are made from rare earth minerals from 3rd world countries--appear to care about the environment. And make Tesla look like an appropriate recipient of energy tax credits. It didn't help that his tweet coincided with the news that China is banning cryptocurrency for like the 10th time and the fed having to admit that with the highly manipulated CPI being something like 4.6% that inflation might actually be a thing. So you keep on thinking Elon or any other billionaire can manipulate the price of BTC at his or her whim.