Quote from: OgNasty on Today at 07:18:08 PM

Quote from: Biodom on Today at 07:11:18 PM

Both bitcoin and small stocks are way up.
Either there will be good CPI numbers on the 12th OR they are pumping before dumping on us.
I have seen shorties performed "tricks' like this before.
Hence, I am not buying into a surge, but rather selling small amounts of stonks, not touching btc.
I don't think that we are done for the stonks downside yet (could be going up a bit first, though).

It seems like the bond market has signaled that the Fed isn't going to be raising as much as they think, and markets are celebrating that. Specifically with Bitcoin, it seems that the worst of the storm is behind us and the melting up has begun. I expect this to last for quite some time, at least until profit taking for the halving takes place. It's starting to look like this year is going to be smooth sailing though, at least until the mtgox distribution near the end of the year, but I suspect by then the market will be jumping into Bitcoin before the next bubble happens. Hopefully that minimized the mtgox downside a bit.

i believe the bitcoin is on its own trajectory and what the fed does, or how well the stocks are doing, has little impact on BTC price. sure for a while it was a convenient way to explain price action, but I see nothing out of the ordinary, the past year wouldn't of been significantly difference no matter what the Marco picture was. there maybe some short term correlation, but if you zoom out far enough its all just noise compared to what's really driving the price action.