Are We Out of the Bear's Woods Yet with Bitcoin?
It Kinda, Sorta Feels Like We Maybe, Might, Possibly are Seeing the Light.
I sure hope this is not a bull trap as we have seen over and over again over the last few months.
I sure hope this is not a bull trap as we have seen over and over again over the last few months.
You guys have a perfect balance of seriousness and fun when it comes to this stuff. Thumbs up to the Hilarskis!
@philnewton Thank you :)
I'm positive i believe in this technology and could be this month or the next one but for sure we will see a big pump in the most strong projects. Regards
Give the futures market time to finish their drive down on the price of bitcoin. Then it may naturally begin to rise.
The problem as I see it is that now that futures markets are demonstrating influence on the price of bitcoin, the banks can print as much money as they want and use it to buy bitcoin futures. And since December, a good fraction, if not most of the futures contracts have been short.
The way for bitcoin (and every other crypto) to escape the bears at the futures markets, is to generate the transaction demand necessary to move the price up. Bitcoin is so slow relative to Visa and Mastercard, and a few other high speed currencies (Steem, EOS and Bitshares come to mind), that I really don't think that bitcoin can escape the bears on the futures markets.
To the question in your title, my Magic 8-Ball says:
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Hi,
We definitely need a big bull run and stay up there for a while.
Very beautiful picture indeed
Bitquin is a very strong coin that is hard to fall
I expect it to rise as soon as possible
not really, we need to cross a line yet
we´re bears
This is really funny.
Great fun of the day.
Thanks for sharing sir @hilarski.
Haha, this is too much. LOL. I don't think it will end so badly. It will rise again.
upvote for me please? https://steemit.com/news/@bible.com/6h36cq