Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Any opinions on if there will be a significant pump today or tomorrow?
Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the & people flooding to BTC to preserve their wealth?
Britain officially leave the EU tomorrow (politically) before a transition period until the end of 2020. I wonder if this will be reflected by loss of power in the & people flooding to BTC to preserve their wealth?
Why would it have a negative impact in the ?
Intuitively, finally putting an end for that shitshow looks bullish for the to me... but most probably I am not seeing the full picture of it.
For my part, each country with its currency would be better, the central bank eliminated, the European Parliament eliminated, we would be less poor and we would not keep so many leeches.
Maybe... or maybe just the contrary.
Small individual state currencies are WAY easier to manipulate. That's why shithole countries usually even forbid the $ usage to their citizens... so that they won't flee their savings in mass from their local currency to a stronger one when they start devaluating it to zero to pay for their HUGE and UNCONTROLLED public spending.
Not that they don't do the same with $ and ... but its orders of magnitude more stable than (many/most) small currencies.
No one really knows, but I don't think we would be any less poor if we haven't exchanged Peseta for 20 years ago. With the kind of politicians we have had in that period, it is more probable that they would have been devaluating it like crazy until everything exploded apart. Or maybe not?
The peseta-euro change fucked up our purchasing power really fucking bad. But on the other hand, the scenario of our last decade politicians having the entire control of the currency makes me shiver.
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Do you guys think there will be any relevant pump or dump next days? I think we will probably have a few calm days and them will definitely either break 10k, little pullback and go up or break 10k and moderate pullback. But I don't see a strong pullback coming nor the price being stable at 9300 for very long.
Asking about when pump and when moon are really lame questions. Guys (and gal) here do not know shit (including yours truly). We are just guessing and hoping. Sometimes we are correct and sometimes we are not. Sure, there might be some skills in getting it right a bit more often than not, but even the BIGGEST ass gurus in this thread with a decent track record get it wrong quite a bit... especially referring to short-to-medium term....
Long term is a better likelihood of getting it somewhat right, but even then the idea would be generally figuring out whether you are going to accumulate, maintain or liquidate. Which one are you? And, what is your chosen level of allocation? There is no get-rich-quick scheme, even with such a great investment, such as KING DADDY.