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December 10, 2017, 10:10:01 AM |
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I am looking at it this way: What would you do if you are a big boy banker? You have a lot of money and bitcoin can be manipulated to a certain point, the price at least. I would of bought a ton of bitcoin at like 5-6k, because I would know when the futures would come. With the recent hype in the mainstream media Bitcoin is known by almost everyone. (At least where I live, Western part of the world) Making people feel stupid they missed out when they first heard about it earlier this year. Now with so many waiting to throw their money into Bitcoin, I as a money making machine would of course pump the price after futures are released to a new ATH (maybe 20-30k) and then short it while selling huge chunks of bitcoin. Making a shitload of money.
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