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Bitcoin future?

Discussion in 'Market Predictions and Reports' started by momo3HC, Feb 23, 2019.

  1. Christina Ledger

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    i am also curious too... we can only wait and see
     
  2. KristenLove

    KristenLove Recruit

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    Think it's possible but it's actually pretty easy to influence on the BTC market. Since there are not so many big players, one big buy or sell can rise the charts up in a minute (like it happened few weeks ago).
     
  3. DaveT

    DaveT Private, 1st Class

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    I'm in the 'it's gonna keep rising' camp
     
  4. momo3HC

    momo3HC Corporal

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    Heard a lot of opinions lately that says it will go up since end of summer/start of autumn or lately end of the year but we`ll see.
     
  5. momo3HC

    momo3HC Corporal

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    Hey. How`s everybody doing in crypto market lately? o_O
     
  6. NZForenzexc

    NZForenzexc Recruit

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    No I haven’t and after several years as a full time professional trader, all I see is too many cowboys. As far as I’m concerned it resembles a pyramid scheme. This opinion has come about through research and is based on hard evidence
     
  7. KristenLove

    KristenLove Recruit

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    I don't think there are many people that trade crypto. I personally try to avoid to be involved into this business. It is too unstable.
     
  8. KristenLove

    KristenLove Recruit

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    What is the "hard" evidence you have?
     
  9. NZForenzexc

    NZForenzexc Recruit

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    Hi there, thanks for your question. From my having delved into Crypto what I’d discovered was people who’d been led into believing that investing in this scheme would bring them riches, has ultimately ended up resulting in the opposite. It appears that yes at first it’s all good and then soon after they found they were no longer able to compete. In this regard I’m referring to the mining of Bitcoin. The other factor with which myself and other FX traders have discussed is the constant drive to pursue the average bloke in the street. The amount of absolutely outrageous claims is ridiculous and indeed indicates the need to scam all and anyone with purported get rich quick schemes. This in itself clearly indicates Ponzi schemes so as to strengthen Bitcoin through constantly chanting, Buy Buy Buy. Essentially the hard evidence that I made mention of is people who have been badly burnt. Hopefully this answers your question
     
    #29 NZForenzexc, Jun 12, 2019
    Last edited: Jun 12, 2019
  10. momo3HC

    momo3HC Corporal

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    It`s the same as Forex I can say. ;)
     

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