It is crazy what we saw with GameStop shares, a complete uncertainty that in the long run, and under implicit coordination, the revaluation objectives were achieved, reaching a price of up to $ 200 per share, a movement with a run of more than 400 %. Again this has extremely interesting implications that could benefit Bitcoin, not so much of value, but of cause and understanding, exposing that its main qualifier of value is its state of ungovernability.
If we calmly analyze the elements that intervened in this game, from Reddit, to increase the valuation of the shares of this video game company, the massive participation of these investors demonstrates the vulnerability that a centralized entity such as the stock market tends to be. This manipulation will create a dangerous circle for some.
There is with this case, a situation with Bitcoin that Anthony Scaramucci, founder of the investment firm SkyBridge Capital, exposes in a given interview. The situation of massive acceptance of this radical movement caused by a forum on Reddit, transformed an inverse and unlikely situation, into an upward return without precedents, marking record highs in the shares and leaving the vast majority who positioned themselves in I am short betting on a bigger loss and big odds.
This is the massification that has control and that leaves no room for market manipulations that simply stop setting directions with all the economic power it has. If this situation is extrapolated to the position that is currently being fought in the cryptographic market, Bitcoin is simply the exemplification of a decentralized scheme that has the backing of those small investors who will not let it become a loss of prestige, neither of value, nor of concept.
The mere presence of a unit of account that does not present bureaucratic features and that defines the word of financial and systemic freedom, is a strong antecedent that can practically give as what happened with GameStop. And just as many small ones fit destiny and show that if a coordinated response can be given, so a massive approval can be given that does not depend on large firms or institutions that only seek a rapid capitalization, in a non-traditional way such as Bitcoin .
The madness of these actions show us a reality that the stock market fears and Lloyd Blankfein, senior president of the investment group Goldman Sachs, is right where he indicates that "regulators must be hyperventilating before the success of bitcoin." We know the reasons, the nuances that are really drawn are correct, any negative opinion is simply a trick to deceive the masses. The actions can be given, the GameStop example will not be the first, and Wall Street already knows it, and with link Bitcoin, things do have a different and real nuance.
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
