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Contrary to what the idiots think this is actually bullish.
Care to elaborate?
Quote
...
Bit‐Coin – one of the better known virtual
currencies ‐ has been in news recently because of the wild fluctuations in its
“value” and also significant venture capital investment in entities associated
with it. How are policy makers,regulators and overseers approaching this?
What are the threats and opportunities associated with this new payment
why? why must you put the word value in quotes?Bit‐Coin – one of the better known virtual
currencies ‐ has been in news recently because of the wild fluctuations in its
“value” and also significant venture capital investment in entities associated
with it. How are policy makers,regulators and overseers approaching this?
What are the threats and opportunities associated with this new payment
anyway...
Bottom line is Mr. WorldBank called up all his friends to talk about. "virtual currencies"
how is that bearish?
will one of them show off his Physical bitcoin during the coffee break?!
. But! the market sees this a buying opportunity and ~30K BTC buy orders are executed, this bring the price for 88 right back up to 110 with practically 0 buying pressure ( no bid walls ) fueling the rally. recognizing the buying opportunity, the market has keep the price at this level despite the buying pressure lagging behind.
