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RE: Hey Bitcoin Users you are doing a long term trading(Analysis of its Price and Value)
Thank you for your commentary. Can you help me by defining the phrase "long-term trading"? My concern here is how long is the long term -- that is what is its minimum length.
Once we decide how long (minimum length) is the long term, do we have a strong basis for claiming that all but Bitcoin users are trading with that type of time horizon in mind?
Concerning money laundering, isn't cash trading (or using cash to buy real goods or services ) a better basis for money laundering than using Bitcoin, where the addresses at which large payments are received are knowable by everybody?
it means that it will not go down. because its future is bright so its users should be satisfied
Thanks. Your definition of people doing "long-term trading" brings to my mind the alleged class of buy-and-hold investors, a terminology widely used in stock market land. If you really mean buy-and-hold, then I think you should re-examine your proposition that we are all doing that with regard to Bitcoin. Just consider for example what this space is going to be like when it is dominated by robot trading, as is now the case in the stock market.