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RE: $9500 Bitcoin Support

in #bitcoin7 years ago

I appreciate the posts you make with regards to bitshares and its fundamentals. I'm sure you've done a fair amount of research on it. I'm personally invested in bitshares as well. Unfortunately, I have to call you out on this post. Bitcoin correcting to $9600 does not make it a strong support. It was just the last swing low, and could possibly correct further. ( Unless you can provide a technical perspective on how it's a strong support). You mention it's safe to assume BTC breaking $12000 to hit $14000 by the end of feb ( In 4 days time). That ofcourse is possible, but according to this post, that 'safe' assumption is based on absolutely nothing. Unless you can prove otherwise. Speculating on price action has not done you good in the past. With the recent episode of you getting margin called. I understand that you are trying to make people aware of bitshares and its uses. But this is a slightly irresponsible way of going about it. Especially with your previous posts encouraging margin trading.