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Bitcoin:
An individual or group are setting themselves up for a BIG trading profit
OR
They might be long term holders
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LTC is not going up and maybe it is the true indicator that this market has many obstacles to tackle and will only react positively if positive news is factual. Soros and big institutions entering the market is only hearsay. In other words LTC’s price movement is the gospel/truth in regards to the state of this market.
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Yes, fact of life. 53 percent of BTC daily volume is Japanese. BTC market Cap is small and controlled by Whales
Give me some good news bitches!
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The fact is big investors coming into this market is talk Regulation is slow Do not let this market fool you! This market is for traders not holders at the moment Tread carefully!
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Do you really thing the crypto market can advance to a market cap of 700 Billion Plus by Christmas. I have my doubts but I hope I am wrong! I don’t believe the media. I only believe in daily volume and the positive news that can make market participants and potential market participants more positive. Currently daily volume is LOW and the talk of George Soros and institutional investors coming into the market is talk.
The EU will make regulatory issues diificult but England will not. The US will drag out their decision making process.
Tread carefully boys and girls!
If you are a trader it is not a big deal but if you are a long term holder be careful!
In my opinion BTC will go 8500 USD from here and then crash to 5200 USD and then it will rise with dignity!
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BTC make a lot of headlines but in the big scheme of things it is worth the same as one lousy company on Wall Street. I believe in BTC but the negativity and lack of direction by governments are killing it: So sad!
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If BTC goes up to 8,000 USD in the near future I will be surprised! I love BTC but it is F**k*ng with my head. Daily volume does not support a higher price and without regulation and institutional investors buying BTC is extremely dangerous.
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Please don’t say 50 percent of each
BTC or Litecoin!
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Daily Volumes need to double to propel the market forward! Without this I see little hope. I am extremely upset about this market and hope confidence comes back into it.
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Will BTC go sub 6500 USD Today
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Collapse definition: Market Cap less than 150 Billion
Yes or No
I say YES
I didn’t want to say yes but there is not much light in the tunnel.
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Ripple went from approx 47 cents on the weekend to 55 cents today and has traded down to approx 50 cents: Looks like a pump and dump to me.
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Maybe profit taking! Maybe people are trading for a quick profit and are not long term investors!
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in my opinion market volume is lacking and will go sideways for some time to come. Some coins are acting independently and not relying on BTC to move forward.
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Do you think the market will stay green or turn red?
It not an easy call
I say green
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Will this market go sideways until Mt Gox is resolved. The next creditors meeting is in September. In my estimates the creditors meeting is in 5 and a half months. I have heard talk that although a date has been set for the creditors meeting the liquidator could unload the BTC before that date: Does anyone have some info on the subject?
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