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Author Topic: Not selling my coins... as futures trading starts in 5 mins  (Read 789 times)
Aurel577 (OP)
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December 12, 2017, 05:28:37 PM
 #21

It seems the US stock market is way over due for a big correction.....just wondering if that happens if we will see some money leave stocks and move to Bitcoins?

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Aurel57
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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mobnepal
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December 12, 2017, 06:24:56 PM
 #22

I will be happy if we stay in the $15,000-17,000 range for the next 30 days as that will make for a stronger base,  then we can start the climb higher.
I also agree with you, without some stable/stronger floor price is pumping like crazy in last few months. Haven't seen much correction till now and newbie are pouring money into bitcoin just after looking at its market trend.

Bitcoin future might increase volatility of market but it might also add demand for bitcoin. They have to buy bitcoin directly form exchanges to get profit from their predictions on future.
Aurel577 (OP)
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December 13, 2017, 07:22:39 PM
 #23

I will be happy if we stay in the $15,000-17,000 range for the next 30 days as that will make for a stronger base,  then we can start the climb higher.
I also agree with you, without some stable/stronger floor price is pumping like crazy in last few months. Haven't seen much correction till now and newbie are pouring money into bitcoin just after looking at its market trend.

Bitcoin future might increase volatility of market but it might also add demand for bitcoin. They have to buy bitcoin directly form exchanges to get profit from their predictions on future.

The action we are seeing the last hour or 2 is just what we need. Every buyer at this level helps build that floor.

Unlock my old account please:
Aurel57
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December 14, 2017, 06:03:13 AM
 #24

I will not sell anything as well. Although I consider furutes can be also a tool to make an additional hype around BTC.
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