Post
Topic
Board Speculation
Re: Great news everywhere today and Bitcoin price goes vertically up, again!!!
by
darkangel11
on 17/07/2018, 20:32:10 UTC
Shotted from 6000$ range to 7500$ in few hours after Bloomberg announced that BlackRock is looking to invest in cryptocurrencies

And their CEO has denied that. I doubt the spike has anything to do with that, but if it did it'll probably just fall an as fast as it rose once the 'news' tuns out to be fake.


I don't really know who to believe. Do you remember how Jamie Dimon was bashing cryptocurrencies and a couple weeks later his employees were caught trading and Jamie switched stances. Suddenly BTC became neutral and we even learned that his daughter is into cryptos.
The fact that a CEO of a company is denying something doesn't mean anything. Chinese exchanges used to deny faking volume until they couldn't deny anymore.