Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ICONOMI - Fund Management Platform
by
MrPresident
on 03/11/2016, 18:26:05 UTC
Btc will reach 800$ in the next days, and this is good to icn, very good
This btc pump is conducted by the miners, they also own the full btc future emission, so no the btc seems to reach 800. they want you belive that, to go long,  but it will drop back to burn those long futures. like always.

Actually the Chinese government is putting the brakes on Bitcoin...

http://www.zerohedge.com/news/2016-11-03/china-prepares-impose-curbs-capital-controls-bitcoin
Actually ... for bitcoin, China is fighting to keep Chinese BTC exchanges inside China, and curb Chinese people from sending btc outside the exchanges by imposing limits like US exchanges....
Tyler and Zerohedge have a way of twisting the facts to influence the market.
Notice the drop right after his post...
...and that news is weeks old.

It's like 2013 all over again... soon will fade off
... and Tyler's posts will change to positive sentiment when he buys back in.... he obviously just sold much of his Bitcoin.

The China Capital Controls are another reason why BTC is pumping... they are running for shelter.

China obviously sees that Trump is being groomed for President, and listened to his "Bad trade deal" speeches.
They (The Chinese Gov't.) are preparing, and the Citizens are reacting.

Nearly everyone knows that China is responsible for the bulk of Bitcoin trading, and the price has been steadily rising. Now if China had imposed anything harsh toward cryptocurrencies, do you think they would continue to buy in?...  I think not.
Zerohedge has a history of not quite having the facts right.