Look at pathetic BTCChina, supposedly the volume leader.. cant even break down a BTC1,400 wall. They're falling behind because the wall is too large to break.
Pathetic. That exchanges real volume is probably <20K a day, not >200k
2 am local time give them six hours and we should have clearer picture.
Another large dump if we rise quickly above 250 i see that as a bullish sign.
Let's see you trading record fonzie..
Holding my breath..
Nice +1
Why would anybody believe Brexit has no effect on Bitcoin is staggering, look at the price over the last 24 hours, look at every banking stock world wide, look at gold. talk about living in a bubble.Mid 500s yesterday when poll pointed to Remain and now after Brexit hundred dollars up, what am i missing ? This Heralds a two year exit for UK from the Euro block with ever increasing pressure From Netherlands and Italy to follow the UK into there on referendum. The shit has just started to hit the fan.
Thank the Crypto gods the wall is back can only see this as a positive sign..
I keep wondering the same thing.. When are they gonna come and buy some?? Because when they do everything will go apesh!t.. with blood and paper money flying on the walls. The exchanges will go absolutely bonkers!
Vertical will be the way! Trying to flush out coins from all corners of the world with a higher, higher and higher price for each coin from those that hodl so they can regain control of the manipulation.
it buys otc, but only after crashing the market to the best of its ability. This. This is how it works.
The most bullish scenario I can imagine right now has nothing to do with SegWit, or aversion of a hard fork, or any of that crap. None of that is even remotely interesting.
The bullish scenario has to do with the CFTC approval of bitcoin option swaps through LedgerX. That's supposedly coming online in Sept/Oct. timeframe. With that we could see some large hedge fund money move in, but not before they first short the market into the absolute ground to shake out weak hands.
If Sept/Oct passes with no new money coming in, or even after the first of the year in 2018, then I don't see anything else as bullish on the horizon right now.
Looking for someone to quote the LedgerX story, Read yesterday can see Hedge funds eyeing Bitcoin and its volatility, don't automatically see as good for the ecosystem at this early stage. Came to same conclusion they will short the hell out of bitcoin.
Evening gents, been reading your posts regarding moving coins to cold storage as per usual plenty info, thanks. Sure most long term holders already have plans in place for 1st August. So where dose this leave liquidity on the exchanges over the next 3 days? are we in for a wild ride.
Evening gents, been reading your posts regarding moving coins to cold storage as per usual plenty info, thanks. Sure most long term holders already have plans in place for 1st August. So where dose this leave liquidity on the exchanges over the next 3 days? are we in for a wild ride.
It plans to be the Bitcoin equivalent of the 1812 Overture complete with cannon fire and party hats. Bring a friend.
Pmsl Brilliant love the analogy, thanks
WTF just happened, on way home from work seen price just in the door jumped another 100 what did i miss?