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RE: How the Fed Manipulates the Price of Gold and Bitcoin

in #bitcoin6 years ago

At it's highs, it was probably a good idea to sell or short Bitcoin. Just looking at the charts, it had spiked far too quickly. But now, it's gone back almost near it's original levels before the spike. That doesn't really make sense. Perhaps it is a conspiracy of sorts. Perhaps the old assholes just don't believe in it so much that they kept shorting it. Enough people should have bought back by now to start driving it back up if it was just the coin. But it's not now. This is our new state of affairs, and it's not like we can do anything about it.

Funny that their "legitimate" investment options would actually bring far more volatility.

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Thanks for the nice comment. It's given me the topic for my next article - Technical Analysis - hope it helps.

Wishing you all the best in 2019! Thanks again. :)

Okay, I'll follow to see what you bring forth. Good luck.