Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I have a feeling that bitcoin will go up to 1400... what do you guys think ?
I have a feeling you need to be mentally insane to buy bitcoin with a $300 spread with China and $100 spread between ScamFinex and everywhere else. You see Adam pop in and out of here cheerleading the carnage but you know damn well he's not buying right now lol. This market is a trainwreck. What the hell am I even looking at? A $20-$25 spread used to mean "welp, that's it for this pump, time for the crash". Now it's just Bernie Madoff/Gox style scam spreads everywhere and people don't even seem to care.
Can't wait to see what excuse the exchanges come up with when this thing blows up:
You are perfectly right.
Similar situation full of disbalances however did not prevent bubble back in 2013
and majority of investors here have gambling streak. So the rise will only run its course until it exhausts itself on major resistance or Finex goes bankrupt. Whatever comes first. 1500 is reasonable price to close our position and wait for the reckoning.you guys' FUD pretty funny and outlandish.
Not gonna work though, sorry.
Try again, lol.
As far as I know, bitfinex and poloniex are not showing their prices in USD. They are showing their prices in USDT, everybody can see that in the news section of bitfinex explained better than i am trying (tether or USDT is another crypto that tries to be 1:1 with USD), so if you check the price of tether: 0.928147 USD right now and you do the maths, you will see that the price of BTC in these exchanges is theter based. So that is not a problem of weird spreads announcing doom. China is another history, but that is nothing new lol.