Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gentlemand
on 03/12/2017, 02:06:49 UTC
I'm legitimately concerned about the possibility that Wall St. is setting us up for a big short. If 2014 taught us anything, there's just as much money to be made on the way down. And those guys don't give a toss.

In Wall St. terms the way down from here is chicken feed. And a mega short right now could well kill things stone dead for a long, long time. I wonder what Wall St. would've done with a $250 Bitcoin that didn't move for months. Sod all probably.

The head room is borderline infinite. And they'd be better off letting that run before walloping things when they can take it better.