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RE: Bitcoin Technical Analysis: My 5 reasons why I bought Bitcoin today

in #bitcoin7 years ago

that's a bad idea to buy bitcoins today... I would suggest to buy them at 2000$ because by october end they will go down to the floor. you should be aware about the Pre-Order Mining contracts at Genesis mining (will be start from 31st Oct-2017) sold out in 2 days... millions of dollars they have made on it when the price was 4600$ of bitcoins... their contracts of bitcoins remain till they are profitable, difficulty, electricity charges & maintenance fee will increase in October , hence the contracts on lower hashes will be automatically canceled. therefore 40% contracts will remain in loss. Genesis mining will soon reduce price on contracts of Ether & Monero as they're still available & in not much demand. Count my words ! Cheers !