I thought you would short bitcoin futures. With that call, you could've made another 2008 corolla...i mean lambo
wxytrader is kind of retarded, you can see from the elliot waves and what not... But ironically retarded people can be good traders. Maybe there is a lesson in there.
Institutions that have been involved since January,the ones that have been joining the last couple of months and anyone with wealth that sees the potential.
True.I never make overnight calls though. I just think July will see a lot of demand and its the big money that will move the needle. Its all speculation,of course.
Important to remember that,while Bitcoin seems to be everywhere and it feels like everyone has some,I think the stats would still say that its under 3% of the global population thats involved. Thats a tiny percentage in relation to the interest,the chatter and the potential. When the bitcoiners say 'its still early', thats just one of the reasons.
Yeah the next cycle up takes us to 180k or something according to the fibs. Or just look at the Bitcoin repeat chart. You guys are postulating (correctly) the catalyst that will bring it up to those levels but the chart's already telegraphing it. Don't worry, the price will come and the talking heads will follow.