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RE: Twenty Two, Random Thought + Free Giveaway

in #coffee6 years ago

I think the low for this year is in.

The volume of trades have been impressive... so this is not your average pump. There has also been good spin in the news, like the Master Card patent to interact with the chain to some degree. If Lightning Network is still not in production should things reach the Dec '17 highs then some adjustments will likely be made to my BTC holdings.

My market observation window is showing a 1647.97 BTC 24 hour trading volume at the moment. For my window to see 1500 BTC 24 hour bullish trading volume has always resulted in a big move. My theory is, simply, that as the market cap increases then so will the Bitcoins, due to straight supply and demand. Then as the Bitcoins rise so too shall the other cryptos follow by and large.

So if forced to make a prediction it is my feeling that the bottom has been reached in the Bitcoins recent cycles.

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Congratulations you win :)

P.S.

On a random note, it feels like the economic center of the world is moving away from New York and to the European Union.

Sounds like Malta is setting itself up to be the newest crypto center of the world, regardless of what the fiat printers are up to. 😎

https://www.bloomberg.com/news/articles/2018-03-23/the-world-s-biggest-cryptocurrency-exchange-is-moving-to-malta

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