Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
gentlemand
on 29/03/2018, 15:52:04 UTC
⭐ Merited by yefi (1)
Funny how the ATH was on the day futures went online.

Self fulfilling prophecy.

One thing I've noticed consistently with many people in crypto is the keenness, bordering on desperation, to defer to a higher authority. Futures volumes have been negligible much of the time but that hasn't stopped people blaming it for anything and everything or indeed referring to it for their own trades.

I think that article's a crock of shit in the main. Bubbliness couldn't have gone much further. It was crossing from ludicrous to plain insulting with some of the alt valuations.

There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.