Re: Bitcoin. Long or short?

Let's see what the vote decides.

https://twitter.com/EMC2Whale/status/807141441248120833

Im thinking long because bitcoin is the shit and deserves to make a new ATH in 2016, followed by new ATH throughout 2017.

Deserves because it's weathered all the storms its had thrown at it.

Hacks- CHECK
Government scrutiny- CHECK
Blockchain strong- CHECK
Uptrend- CHECK

Let's see what the people think and let's see who's right.

Obviously anyone getting short at this point deserves to lose money, it's like waiting months and months for something to come and when it finally comes, you chikens out and sells at 20% gain. lol

For active traders they will definitely short but for some investors and bitcoins users they will eventually go for long. In my case i will short on this price since im an active trader and i do enjoy profits when bitcoin moves it price but still there are some portions that i lend for long positions.

Good luck. Shorting this is a dangerous game!