I think you should do one on Bitcoin since your most recent opinion was that it is not a bubble. And you said that when bitcoin was trading at least $200 higher than the current 2420 price. I don't personally think an asset needs to be "universally" owned for it to be in a bubble. I have great confidence in the general public's ability to notice a bubble. the reason bitcoin's price isn't universally accepted is becuase the "ave Joe" thinks a price of $2500+ is just plain stupid imo. :-) Also, price is being controlled from within by those who already own. Since most holders would say "i'm in it for the long term and will hold no matter what...or buy on weakness!" should take those coins completely out of the market from a "logical" standpoint. That meakes bitcoin that much easier to manipulate. I see the high volume manipulators just stepped up in the biggest way that they have here as it was trading just under $2400. Earlier in the day their "manipulation" wasn't working. Price still moved looower than their "volume" buy points. This is all good shit, Greg. Why would you flag a post as "informative" as this one was? Don't upvote me, I don't need the STEEM or even want it for that matter. :-)
You are viewing a single comment's thread from: