Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

And there we go to 270$
People already dumping Undecided

But what made them start dumping and killing BTC again??? What's in the news that's taking down BTC?

Coinbase posted site with countdown which ended 8 minutes ago. It said to the moon and that's it. Now they annouced exchange and people sell

"Buy on the rumor, sell on the [opening] news."

Classic trading strategy.

Everybody knows this. That's why it works so well. Always choose paper. It always wins. Everyone knows this.