Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Tzupy
on 31/03/2016, 19:47:01 UTC


Even though you seem thrilled to find and post bearish bitcoin news, those articles could also be read as bullish... - especially the second one because in the end, there seems to be quite a bit of decentralized decision-making and investment going into bitcoin, that signifies that individuals (and small companies, and maybe even governments) will be continuing to invest in bitcoin's computing power and into securing the blockchain (as well as attempting to control some of the mining process).

Good ole competition may well cause a computing power arms race in respects to bitcoin.  Even if it seems to be wasteful, it surely shows anticipated ongoing interest.

Plenty of permabulls here, happy to post bullish news, I'm just playing for the other team. Cheesy
About market direction, IMO if during the next 2 days there won't be a pump that turns 6h MACD to positive, then we'll crash.
If there will be a pump, we'll still crash after that, but from a higher price point... Grin