Bitcoin Cash #16
6/12/2017
Dear: Diary,
Bitstamp is now open for BCH, but not much changed, BCH is still around $1400 to $1600.
Bitfinex, finally admitted and accepted BCH.
Dr Craig S Wright is called BTC an "overshoot".
Nevertheless, on December 10th, CME is going to launch BTC futures.
https://news.bitcoin.com/cme-group-plans-to-launch-bitcoin-futures-december-10/
While BTC is heading north in the past few days.
The question remaining;
BTC got pumped artificially, or because people are actually optimistic about BTC?
Who is pumping it right now? I am wondering could it be CME?
If what I believed is true, then BTC holders should be in a panic mode.
http://squawker.org/technology/will-bitcoin-futures-herald-the-end-of-bitcoin/
I believe BTC is being pumped, but I don't know who is doing it. Having said that, I believe BTC will drop back to below $10k and then rally up to the moon. I don't think we should be panicking. Just sit tight and enjoy the ride.
We need value, rather than artificial. But who knows, you could be right.