My understanding of the futures connection is that it is one way, the futures are a derivative of BTC, but BTC isn't much affected by the futures' movement. So even if HF money goes long on futures (the only hope for hodlers), that doesn't do much to push BTC up. I might be wrong on this one, I would like to hear more input. The LN is just a dream at this point, too much talk, nothing is getting done. LTC has the LN already, people could just switch to it if they want cheap and quick tx, instead of waiting for consensus. I mean if we are talking about actual users. Bitcoin is an excellent social experiment: how the lack of regulation and a governing body stops invention because of self interest.
Well I cashed out of everything, I'll take my profits and wait for the charts to set up again. It was definitely fun but I think the bubble popped.
I only speak the truth. Hate it or love it. I'm a non bias trader. New week lows. The tumble continues 14,800. 1K away from my target made when Bitcoin was 19K. Funny how all these new Youtube channels popped up with "so called" experts. Price action is universal so if you had no understand of it before how can you be an expert. Everyone is an expert in a bull market. Only the pros know how to trade in bull and bear market.
So I don't have an interest in the price one way or the other but the way you come across is super arrogant.
Out of control: No way to stop adoption & acceptance of Bitcoin "margin buying by retail speculators in Japan is behind this bubble" - Jack Rasmus Ph.D. professor of Political Economy, St. Mary's College