Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 11/03/2015, 07:46:14 UTC
Yup... that is the hilarious part.... that bit is great.

The disturbing part is BLYTHE MASTERS!!!!!!!!!! Nooooooooooooooooo

I don't like the guy, but the greatest and foremost utopia that exists in crypto-world is that the current economic establishment's top boys will be left out of the way when there's massive adoption. Well; this won't happen! They know how the system works and -frankly- I think we need them around for they possess significant knowledge. On the other hand, bitcoin derivatives to my understanding is a high risk investment. To give it a perspective, it is like entrusting your Bitcoins to someone's hands who was involved in the MtGox story...

Yeah; I know. Some people would do it again... Undecided

Blythe is a woman (but she was once married to Daniel Masters of Royal Dutch Shell/Salomon fame who was involved in developing energy gas/crude markets, who incidentally now is part of GABI)

Blythe is a scary woman.

Ask any silver trader  Cheesy Cheesy

(given her past track record, think derivatives and manipulation)

Haha! Well, I didn't know who she was. I only judged from her JPM past. But my thesis remains the same, you get my point.


I think that the point that more and more establishment are warming up to the concept of bitcoin; however, a question still remains concerning how quickly that is going to translate into the price moving up.... because in some sense some momentum and increased confidence creates more momentum. ... etc etc.. but even saying all that, there could be a year or even years of stagnation that could be caused by forces attempting to propagate the opposite direction to denigrate bitcoin and its name and to lose money in the denigration process.... maybe I could prognosticate that the powers that be (bear whale manipulators) can only keep up downward manipulation for another year or two at most.... ... but what do I know?  I am just giving my best guestimation (and I have been wrong before, for example, 92% of 2014 hahahahaha)