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RE: Bitcoin (BTC) Evening Update: A Directional Resolution is Needed
I like your way of thinking, really, but huuuge amount of money are coming from standard finance, even JP Morgan want put money in, and BTC is first mover (and will upgrade). They want buy cheap so they pump hard and dump slowly to induce huuuge dips. Just my opinion. Hope you are right for the end of the month, my alts are going down/correcting and I hope to see them go up as soon as possible.
" (and will upgrade). "
What makes you believe this fantasy? Blockstream is on the record as seeing $100 fees as a good thing, because it will drive people to use their off-chain (read: scam, centralized) solutions to make them more money.
Educate yourself before putting your foot in your mouth.
I'd rather have them go as low as possible before the upswing. Just keep adding coins that are promising.
I had been hoping for $8000 myself around Christmas when Mike Novogratz said "no investments before the holidays as 8k is a possibility" - but his wish did not come true, that was a month ago.
By now this shit is just being destructive and we're playing into the institution's hands.
I mean really, get a grip. Self-fulfilling prophecies. The institutions don't need big investments to keep the markets upset, a bit of FUD every day is doing their divide-and-rule job nicely. I've been in ads and PR for years.
The Russians did it. How hard can it be ?