Post
Topic
Board Speculation
Re: Crypto Market and Wallstreet
by
audaciousbeing
on 13/01/2018, 10:17:06 UTC
Hi all,

So I came across this artical and wanted to know everyones thoughts..

http://www.businessinsider.com/bitcoin-price-explosion-wall-street-spends-bonuses-2018-1?IR=T ('Get ready for an explosion' in bitcoin as Wall Streeters spend their bonus checks)

Potential big gains over the week or so?

"When Wall Street bonuses hit bank accounts on January 15, I imagine we'll see a crypto buying spree of epic proportions," 

JuneTueadays

News like this will just force people who are not in the know to make some irrational decisions while this news is proclaiming January 15 as the time bitcoin will see a pump due to bonus going to land in bank accounts, I have read a thread about how January 15 will be a black Monday for bitcoin and how bitcoin price will crash to the tail end supported by graphs and analysis.

The issue is whether they collect their bonuses or not, what will happen will and deciding that wall street guys will channel their bonuses to crypto is just a speculation without a basis to be predicting human action when it could change over night. My advice, if you are not ready to face whatever is going to come, just sell and wait till the next time to enter the market or maybe you might have to wait forever.