Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
somac.
on 07/09/2021, 01:21:20 UTC
Just thinking about possible outcomes...
<snip>
We are going to see a WallStreetBets sort of black swan event.  Retail is going to realize they can make the price go up like CRAZY by organizing their buys.


I will probably buy $30 (or more) tomorrow just as a gesture of support, but I doubt that we are at the wallstreetbets-like moment.
Bitcoin is too complicated a concept for it to play out like this, especially before WS had a very large gulp of this stuff.
wellstreetbets peeps will probably ape into a low cost coin like ... (<-the name goes here) instead.
I think that within 3-5 days it would be a nothingburger (could be up by 5 or even 10%, but it could have made it regardless).
ETF would be an entirely another ball game.

Absoulutely! Never sell, even for massive profits. Just generate an income from your stash in one way or another.