Get real guys. What do you feel and believe? Please justify.
I have invested some hard earned money myself in Bitcoin and I am giving away a part of it with every video to a random comment. send me the address of your Bitcoin wallet
The futures market is highly speculative, for currency and commodities alike. Whether Bitcoin has reached it's top all depends on whether people holding it, panic or not. Like fiat currency, ultimately Bitcoin's viability is a matter of trust that can be inversely related to confidence in the Dollar or other currencies. This "Wolf of Wall Street" had his start selling garbage. Is he right? Could be, but he could be wrong too. Personally I do not like this kind of volatility, so getting into Bitcoin is not something I would do at this particular moment in time, but that is not to say that Bitcoin couldn't go a lot higher than it is right now. If I was holding Bitcoin right now I would not be happy with it being traded in the futures market even if that is possibly the source of it's recent gains. We've seen this sort of thing with Tulip Bulbs (1636), but also Coffee Beans in my life time (mid 70's), and I remember warehouses packed to the roof with Coffee Beans spilling into the street because people weren't selling them, waiting for the price to go up. In a speculators market it's anyone's guess. Greetings.
The futures market is highly speculative, for currency and commodities alike. Whether Bitcoin has reached it's top all depends on whether people holding it, panic or not. Like fiat currency, ultimately Bitcoin's viability is a matter of trust that can be inversely related to confidence in the Dollar or other currencies. This "Wolf of Wall Street" had his start selling garbage. Is he right? Could be, but he could be wrong too. Personally I do not like this kind of volatility, so getting into Bitcoin is not something I would do at this particular moment in time, but that is not to say that Bitcoin couldn't go a lot higher than it is right now. If I was holding Bitcoin right now I would not be happy with it being traded in the futures market even if that is possibly the source of it's recent gains. We've seen this sort of thing with Tulip Bulbs (1636), but also Coffee Beans in my life time (mid 70's), and I remember warehouses packed to the roof with Coffee Beans spilling into the street because people weren't selling them, waiting for the price to go up. In a speculators market it's anyone's guess. Greetings.