Take a look at the all time graph at the maxed out 1-week increments... the angle of the 2013 rise was literally a perfect 90 degree angle! It was insanity. Not to mention the technology was way less mature than it is to day, and not to mention that in 2013 MTGox was the only damn exchange on earth!
We may not see a big correction, shorters and panic buyers beware. We already saw people going broke when it didn't correct at 1k... this rocket may not even take a break for the ATH!
Doesn't the glaring lack of volume set off alarm bells ringing for you?
All USD exchanges are suggesting a big deficit in western interest in bitcoin compared with previous times. Stamp, Finex, BTC-e. Volume is anaemic on em all......
......where volume is through the roof of course, is on the Chinese exchanges, but what 9x% of that is fake smoke n mirrors is anyone's guess.
China owns Bitcoin by now. That is where all the miners are and where all the big vested interests are. Putting your trust in Bitcoin is the same as putting your trust in the Chinese mining cabals and the big Chinese exchanges, who could be running a totally fake market, with fake Bitcoins and fake CNY/USD, without even breaking any laws.
Bitcoin is the very definition of playing with fire. Sure, Bitcoin is up over 100% in the past 2 months.....but so is AMD stock. Which one of those two financial assets poses greater counterparty risk do ya think?
