Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Rosewater Foundation
on 24/02/2018, 10:58:50 UTC
⭐ Merited by Last of the V8s (1)
price looks quite fucked now

I think we can get used to this.

I suspect that all the rise above 10k was due to the mass media promoting the reach near and above 10k heavily at this time, so lots of new money was flowing in.

This was a 1-time scenario.

I am not saying that Bitcoin will never rise again, but don't promote something like 25k/50k by the end of the year. There is just no base for that. We can be glad if we say above 10k and in the 10k-12k corridor.

I think I discovered the secret to trading Bitcoin last night. Pessimism.