Post
Topic
Board Speculation
Re: Big pop up again
by
The Pharmacist
on 11/08/2018, 18:44:34 UTC
This is what Wall Street call "price discovery".
Wall Street loves meaningless buzz-phrases like that.  Drives me insane sometimes.  If you read an analysts report, you'll see bloated "analysis" which purports to show why a stock is going to be higher or lower.  In other words, it's fluff.  If they were honest, those analysts would write that they're pulling predictions out of their asses.

Anyhow, I didn't realize bitcoin had dropped so much.  I haven't seen it below $6k for a while now, but sometimes things happen when I'm sleeping and then gets reversed by the time I wake up.  I'm fine with where it's at right now, which is around $6.3k.  I don't pretend to know where bitcoin is headed, but frankly we could be a lot lower than we are.  I'm grateful for that.