Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Hueristic
on 04/08/2018, 12:06:31 UTC
INFP-T Mediator
Couldn't help but wonder who might be collecting these results.

Thats usually my line of thinking, I may be slipping. Or lying. Cheesy


Definition of a bear market:  stupendously good news doesn’t move the needle.

That tells me those that are buying already knew this.

Mixed news at best:
http://fortune.com/longform/nyse-owner-bitcoin-exchange-startup/
Sprecher’s plan for bringing crypto to the masses runs contrary to what Bitcoin supporters typically champion. The purists favor Bitcoin’s “distributed” architecture, and adamantly oppose putting a big exchange at the center of the both the Bitcoin investment and payments systems. “A regulated exchange with a custodian in the middle contradicts the basic idea of Bitcoin,” says Abhishek Punia, a crypto-currency analyst with venture capital firm Draper Associates. “Bitcoin was designed to be decentralized, without intermediaries taking fees. A regulated exchange may be popular for a short period of time, but it’s not the future. The future will be the original idea of a peer-to-peer network.”
...
“Bitcoin can’t survive as a rogue idea,” he [Sprecher]says. “To evolve, the cryptocurrencies need to run on established infrastructure. They need the trust and rules that have been built into our financial system for many years. They need the kind of trust that the Big Board represents.”

All that, and the coffee is foul.


Meh, more future derivatives? More excuses for whales to short this shit to the ground.  Cry

They just want to change it to what they can control and profit from, occam's razor. Their control will fail but they will affect price and profit from their manipulation in the mean time. In the end it will just strengthen the network. Smiley


The time has come for micgoossens for a well earned sleep....
And to wake up @ a new WO milestone of reaching 21k pages
Where is the party ?? Another reason to get totally fucked up tomorrow and have a few drinks on WO pages Just missing BTCparity with it   Roll Eyes  Grin

yeah, uh

you fuckers made over 100 pages in the 2 weeks I was gone...makes for some pretty stiff reading to catch up, 40 or so to go

You know your an addict when...