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RE: Bitcoin's looking like she's in the calm before the storm... which way will she go?

in #cryptocurrency7 years ago

This up to $10,500 and down again can only last so many cycles before too many people are burned and fed up, eventually, they'll be no more fools left to steal money from... then they'll leave.

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I so hope you are right.

But they are doing the same in the commodities market for many years, and I don’t think they’ll ever stop. In on stocks, bonds, energy, carbon, politics…you name it. THEY are not leaving anything untouched.

No they aren't, but if and when the technology becomes useful, that they won't be able to stop, and the prices will reflect.

Even with them playing around with numbers and gaming the crypto markets, I agree that the time bias is positive.
On a long enough timeline…