Dogecoin a made up coin that actually was developed years ago to prove that it was just for fun and entertaining purposes crossed over a billion dollars in market cap today... Just goes to show you how big and pathetic this Bubble is getting.....
Alt coin market cap currently at 740 billion could hit the trillions before this stops. There is no end in sight. It's the biggest ponzi scheme in history. These are doing massive dollar volume on the daily in the 10's of billions. Drug addicts and 15 year olds are now experts in this currency. This is big money hyping the retail lamb. After the big investment houses and terrorist states milk it for all they can the rug will be pulled. A few weeks back I thought when Bitcoin went from 20K to 11.5K it was the end till I noticed end of 2017 these things were coming back in force. One goes up while the other goes down. It's like money rotation in the stock market from tech to financials. Bitcoin broke key resistance. Seeing a 20K+ move to new ATH by Sunday is going to happen. I might be bias however I don't trade on my bias. Only the tape matters. One has to adjust or go broke.
If you want to make $350,000 guaranteed in 2 days buy $1,650,000 of Bitcoin here at 16,500. You'll be able to cash out at 20,000 by Sunday. Winklivoss twins will make about $350 million from now till Sunday. They believe in a target of $1 million so they rode it down to 11,500 from 20K which is equivalent of $900 million to them.
I have heard about guarantees like this before. If I lose my millions, will you pay me back my loss? Sheesh. The fack you are that thinks BTC is gonna' be 20K by Sunday. I'll do it with 22 million in my account. 1 Contract. Other than that, too risky.
Market cap of all coins is $780 billion. I was off by $40 billion You know damn well $1 trillion is going to be a magnet. Bitcoin is 17,200. 16,500 as I posted earlier in day was key cross. These things trade like stocks. Big investment houses already set up bots to trade them which is why they follow technicals like stocks. It's not retail joe causing these moves.
I'm not selling anything. This is purely a trade based on technicals. This is how machines trade the market. Look at Apple today pin exactly at 175. Who has the power to manipulate a $900 billion cap company to close at exactly 175 for max pain. My lingo of guaranteed was just sarcasm to the entire industry. I believe in my read of 20K though. I bought GBTC today so I'm essentially trading Bitcoin but through the stock market. Great stock to use to mirror Bitcoin. Doesn't trend any other alt coin. Pure play on Bit C
Technical trading of a crypto to manipulate stock prices? Tape reading a stock to manipulate a crypto? What the heck is going on here? I dunno. This is why I stick with futures. You stock/options guys are crazy.
These are newest alt coins. They are coming out on the daily. All of these have absolutely 0 value. I'm shocked at this phenomenon and how regulators are letting it go on. It's a massive wealth transfer. The problem with people making profits is they are shuffling everything along with their principal back in so when the eventual collapse happens (whenever that is) they will lose everything https://coinmarketcap.com/new/