Do you really think the "average" person that is buying into BTC right
now knows any of that information? Bitcoin has been on the financial
news channels every single day this week... and it will be again Monday
because of the futures trading.
The only thing driving the price up is demand... so the more news, the
more it's talked about, the higher the price will go. LOL
Travis
On 12/8/2017 12:06 PM, Carl Peterson wrote:
Futures trading could just as easily drive the price down. If Im
sitting on a 100k coin and I want to sell half of it, I short BTC to
hedge against the price dropping and then sell a bunch (which will
cause the price to drop). I fully expect this to happen.
On Fri, Dec 8, 2017 at 1:27 PM, Travis Johnson <[email protected]
<mailto:[email protected]>> wrote:
Hey.... BTC is back "down" to $15k today... and the futures
options start trading on Sunday, which I think will drive the
price up substantially this coming week... now may be a good time
to get in.
Travis
--
Carl Peterson
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