Futures were opened and the price went from $14,700 to $16,300 in just matter of minutes, i saw huge sell walls of more than 200 bitcoins, and huge buy walls of more than 50 - 100 bitcoins.
The whole market is crazy right now
I would not sell anything though, i will keep holding my bitcoins until i see a reasonable price, maybe twenty thousand dollars, or twenty five, i dont have weak hands right now.
The whole market is crazy right now
Been mining since 2013 and will hold my coins. I don't see where the futures will help us other than give us some more legitimatize from the main stream. We will see what happens as they start in 5 mins...
I would not sell anything though, i will keep holding my bitcoins until i see a reasonable price, maybe twenty thousand dollars, or twenty five, i dont have weak hands right now.
Easy explanation right there:
https://en.wikipedia.org/wiki/Short_squeeze
All the people that were expecting for Bitcoin to dump just because wall street would set short orders on their futures are going to get squeezed out of the game if they follow their stupid gambling games. We are going to see big fluctuations in the coming hours, and then we will see a new all time high as shorts get liquidated. They don't know what's coming, they have never deal with something like this. The short's fail is going to be epic, books will be written about the total destruction of Wall St future gamblers.
