Cryptocurrency

[AtW]

1. They are fraudsters themselves
2. They stuck a large amount of real money into this scam market and are trying to talk it back up
3. They are on the cretinous side of the stupid spectrum

Take your pick.

4. All of the above

[scooterscot]

Just gone short on Bitcoin. If it fails the pension is up in smoke.

Buy back in around $4k.

[TheGreenBastard]

Just gone short on Bitcoin. If it fails the pension is up in smoke.

Buy back in around $4k.

Timing the market

[scooterscot]

Think we're at stage 2, wouldn't you say GB?

[TheGreenBastard]

Think we're at stage 2, wouldn't you say GB?

Aaah the sweet smell of denial in the morning

"It is a good thing for an uneducated man to read books of quotations." - Winston Churchill

[VirtualMonkey]

Just gone short on Bitcoin. If it fails the pension is up in smoke.

Buy back in around $4k.

hmmm...you sure?
my own thoughts dont show it going to 4k again but I am wrong most of the time.
Just look at the white line rather than th mess of other stuff (which is clearer on smaller timescales)

Personally I think there's a little bit more to come before we drop back down again

[scooterscot]

hmmm...you sure?

I think $4.2k is a given. Until support on the 150 day or 20 week moving average is confirmed the bull run has not yet begun. 20 week MA is around $4.2k, which is where I'll buy back in and thank you for the extra 30% of BTC. Anything below that is lucky.

[VirtualMonkey]

Aaah the sweet smell of denial in the morning

"It is a good thing for an uneducated man to read books of quotations." - Winston Churchill

Doesnt the fact you quoted a quote about the uneducated using quotes say something about you yourself?
Makes my head spin thinking about it

[Lance]

Today I sold my last half a bitcoin for $5750/BTC.

So expect a surge in price as I always get it wrong.

[DimPrawn]

Majority of bitcoin trading is a hoax, new study finds

Ninety-five percent of spot bitcoin trading volume is faked by unregulated exchanges, according to a study from Bitwise this week.
The firm analyzed the top 81 crypto exchanges by volume on industry site CoinMarketCap.com.


They report an aggregated $6 billion in average daily bitcoin volume. The study finds that only $273 million of that is legitimate.

You've been had, the whole market was rigged by a few powerful (and now super rich) individuals.