I often start to wonder, "Well could I be a robot and not know it?"
Wouldn't be surprised if we sideways between $8-9k all summer.
"I Would Short Ether Before Bitcoin", Says Citron's Andrew Left
I've been wondering why someone has been buying truckloads of ETH at gemini's auction for weeks now. This could be the answer, a HUGE ETH short position coming. Especially if the SEC rules that ETH is in fact a security.
Also Andrew Left is a tool.
I also have a hard time solving captchas sometimes. It is reaching ridiculous levels. Soon it will be above human "processing" ability and only a new generation of very specialized bots will be able to solve them. Ironic, isn't it?
I think it is too soon to figure out what price range we would be at summer. OTOH, this struggling below $10K is exactly how we all supposed it would be when reaching this levels for the first time instead of the cut-through-$10K-as-if-it-were-butter we experienced in december.
We always thought $10K would be a MAJOR resistance/psycological price point, didn't we?
What are those Gemini auctions? OTC? How do you get those figures?
I wonder if ETH would be considered a security... would that apply to ETC too or it would make for some kind of flippening between the two? I mean, would it be a security because it was initially ICO'ed -then ETC also was- or would it be because of all the ICO's that have been launched from ETH?
So it does look like I am not the only one who thought about it. What other reason there would be for ETC rising alone now?