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The Bitcoin ICO is almost complete!That's right, after 10 years of selling Bitcoin the Initial Coin Offering ( ICO ) is almost complete. You have had a little over 10 years to hodle together a long position before worldwide adoption and usage. From the days of buying fractions of Bitcoin off eBay to buying pizza with BTC, to multiple Bitcoin Exchanges worldwide, to Futures markets, to Mega-Corp Financial involvement, to now Facebook jumping in. And this is just the beginning...… Soon you will no longer have the luxury of bickering back and forth with your trading buddies while you watch the price of Bitcoin gently flicker back and forth between highs and lows, this fib and that fib, this pattern to that pattern, etc. etc. etc. NO! Soon you will be competing with every know-it-all teenager from around the world with an Internet connection, a Facebook account, and an allowance! LOL The charts will start doing things YOU NEVER COULD IMAGINE. :0) Until..... Bitcoin reaches several Trillion in market cap and settles down as the KING on top of the Crypto Hill. Not too long from now you will look back at these gentle days of Bitcoin trading and lament "Ah, The Good Ol' Days" Did you take full advantage of this ICO or are you still waiting for BTC $1,200 ?
COINBASE:BTCUSDLong
by BitcoinBearSlayer
BTC - New short squeeze is incomingThe amount of opened short positions is skyrocketing again. From 17k on Aug 2, it more than doubled by the end of the month and almost hit the previous record of 40k+. Combined with the recent influx of negative news, it may very well try to reach the new high in the nearest future: SEC Quashes More Bitcoin ETF Pitches in Another Blow to Crypto www.bloomberg.com Will Bitcoin Crash? Learn From History's Biggest Bubbles www.bloomberg.com #Bitcoin stuck below $6,500, and @AnthonyGriz is betting on more pain to come twitter.com However, the nature of such parabolic runs can be called anything, but sustainable. It didn't end up good last time in mid April. I have no reasons to believe that this time it will be any different. I will not be surprised at all if the market "suddenly" develops opposite to the direction mainstream media is pointing at the present moment.
BITFINEX:BTCUSDSHORTSShort
by OceanBlue
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