Re: Bitcoin has proven it can pump hard without the need of chinese gamblers
As we see and as some people predicted, bitcoin could still keep growing in quick bursts even if the big 0 fee chinese volume is not involved.
This legitimizes 2 things:
1) Bitcoin was not dependent on the infamous chinese market gambling for quick positive price movements
2) The uptrend is still as strong as ever and this was only another opportunity to buy cheap BTC before we go were be belong: that is, above price of gold, for bitcoin has objectively surpassed gold as a store of value.
This legitimizes 2 things:
1) Bitcoin was not dependent on the infamous chinese market gambling for quick positive price movements
2) The uptrend is still as strong as ever and this was only another opportunity to buy cheap BTC before we go were be belong: that is, above price of gold, for bitcoin has objectively surpassed gold as a store of value.
Indeed. Bitcoin has pumped a whopping 3.2%!?
The PBOC crash happened and it went as low as $750, now we are sitting comfortably at $1020, im pretty sure that is higher than 3.2% since the chinese regulators did they thing.
Ehh, it's time to go back to high school.