RE: Bitcoin (BTC) Evening Update: $30,000???
in my mind the way it will happen is due to major major players coming in...these guys on wall street put the whales in this game to shame...what they will do is buy shorts as a hedge and then buy tens of millions of dollars worth of BTC..when they are happy with the returns they will dump them...these types of dumps will be like nothing we have seen before..then they will keep their shorts and profit on the way down...then on top of that the HFT algos will chew up the weak and inexperienced...it will be interesting to see what happens..but! i think we will have a massive rally after they buy their hedges..we just gotta follow the waves and haejin's expertise of course to try and get out before the blood bath...great conversation guys..cheers and good luck to all