Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
notme
on 12/03/2017, 15:40:44 UTC
No reason for bitcoin to rise? LOL
Do people really hang out on these forums and still not get it?

Go read the bitcoin whitepaper, think about future implications of this technological advancement. Look up the increasing bitcoin demand that is happening on a global scale already.

Yep, definitely no reason for a price increase...

Exactly. Those who don't bother to really learn, research or understand things very deeply, if at all = low information sheeple, err I meant people. Low information people  Wink
Man I was talking about short term, I repeat SHORT.

Don't panic! If you can't buy now you'll have chance to buy at 1300 on Monday.
All of you (or most of you) are really trusting that we will see blind green candle. Okay, I don't think so. When everyone is saying that BTC will rise (I'm talking about short term) everyone is buying, but that's just blind move imo. Big Bears want to pump price to get better profits on their shorts. Sooner or later we will see drop.

Why?  What evidence do you have that it will drop?  Lots of people seem to be expecting that, but I just can't understand what would cause that to happen.  Leveraged longs are low, leveraged shorts are high.  Demand has been pent up awaiting the decision.  Anyone who wanted to sell has sold.