Let me throw that straight. Bitcoin has very little added value and does very little. If something does little it's not worth a lot. I've been around for very long time and you can haha at me, but i started selling my BTC at 6k all the way up. From 10k lvl we entered pure mania and maybe even Wall Street manipulation to easily short this market. This is one glorious bubble that will pop up very ugly. You can throw money at it but the reality is that BTC hasn't changed form 2013 that much, it still faces same problems and has very little implementation. It's poorly designed, outdated and costly to maintain. The price imo was driven by spoofing and trading bots. Some shillers made milions but the street will get hit hard.
I also believe that it isn't typical sell off i think there are some fundamental news that will back this crash. I don't know maybe someone is investigating exchanges maybe Tether has some heat on it.
BTC was the fugazi of the 2017 but the reality will hit hard. Funny thing ppl don't learn from the best and believe that they can become millionaires in a year. Also it's very interesting how big ideas (financial system without banking and government) turn off critical thinking. Remember market discounts everything. Trade safe and happy 2018 bear market imo.
Bitcoin is used to trade alts on the major exchanges, almost 75% of all alt coins are traded via bitcoin with multiple coins in the multiple billions of DAILY volume. Bitcoin as a coin is horrible, that's undeniable you are correct, but if you don't understand the crypto environment that well then I guess it will be your loss.
FYI Volume confirmation? Umm the head should have the maximum volume spikes. I don't see anything confirmed here, maybe you're a genius trying to panic sell the "kids with max out credit cards". To think this billion dollar market is filled with teenagers with 1-5k credit... I think I'll roll my eyes down into my anus for that idea.
So my prediction is 'December 2018 = 120k' GET OUT YA GOLD CARDS KIDS :)
spif
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This is going to be an interesting ride into the unknown.
FYI Volume confirmation? Umm the head should have the maximum volume spikes. I don't see anything confirmed here, maybe you're a genius trying to panic sell the "kids with max out credit cards". To think this billion dollar market is filled with teenagers with 1-5k credit... I think I'll roll my eyes down into my anus for that idea.
So my prediction is 'December 2018 = 120k' GET OUT YA GOLD CARDS KIDS :)