Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
juju
on 12/08/2017, 17:10:51 UTC
This is crazy!!!!!! Remember during the last crash when people were contemplating suicide. That time is probably just around the corner, but will be a much worse this time as we have mainstream media attention at a larger scale Shocked

What is the new floor going to be? I was thinking somewhere down at 900 USD, that seems too hopeful, its looking like it might be even higher now above 1300. At some point I think profits are going to be taken and this is going to fall like a lead balloon. Once the media hype-cycle reverses on Bitcoin its gonna be bad "news". Lately we have seen in the media these softball fluff pieces of news about Bitcoin, mind you on mainstream news sources. They will reverse on us sooner or later, producing edgy content about how Bitcoin is not really all its cracked up to be or some dumb shit narrative they take that the mass will blindly accept.

Programs that trade BTC for profit, Usually are not programmed to buy when the price is near or at the highest its ever been ever. In fact the programs do the reverse and sell incrementally percentages of reserves during periods of value growth.