Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 27/07/2017, 17:51:22 UTC
I keep wondering the same thing.. When are they gonna come and buy some?? Because when they do everything will go apesh!t.. with blood and paper money flying on the walls. The exchanges will go absolutely bonkers! Vertical will be the way! Trying to flush out coins from all corners of the world with a higher, higher and higher price for each coin from those that hodl so they can regain control of the manipulation. Smiley

big money does not get big by going on an exchange and buying everything with two hands.

it buys otc, but only after crashing the market to the best of its ability.


This. This is how it works.

The most bullish scenario I can imagine right now has nothing to do with SegWit, or aversion of a hard fork, or any of that crap. None of that is even remotely interesting.

The bullish scenario has to do with the CFTC approval of bitcoin option swaps through LedgerX. That's supposedly coming online in Sept/Oct. timeframe. With that we could see some large hedge fund money move in, but not before they first short the market into the absolute ground to shake out weak hands.

If Sept/Oct passes with no new money coming in, or even after the first of the year in 2018, then I don't see anything else as bullish on the horizon right now.