Am I going crazy or it says [XMR] Monero Speculation in the Subject line of this topic? What's up with these chinese bitcoin posts?
The larger picture of the market is very relevant.
OK fair enough, but speculation on where the money in the market is going (especially if it isn't XMR) is not totally irrelevant.
To stay OT then:
We stalled before 0.017, meaning the daily won't be green - why do you think that is?
Looks like profit taking already? It seems like this market has been irrational (from what it has been for years) but I'm concluding that the sheer scale of the players are back to market manipulators and this might be an indicator of another BTC rise.
We get added to a new exchange two new exchanges and - whad'ya know? - the price goes down.
The longer I'm in this market, the less I know.
I hear you, We need a Bill Maher's New rules market segment whenever this shit changes, Lol
I almost closed my long (still in red) @170 figuring there would be a retrace but just don't feel confident in calling either the top or the bottom of these swings anymore.
It will be interesting to see how this bch pump ends. Not going to predict that money gets funneled into alts (or the only one more cash than btc cash), so I won't.
I can't see BCH going away, it's now basically the only fork, Jihan is not selling his mined stash in order to prop it up and (to some extent) it is a little bit of 'black swan event' insurance if Segwit Lightning - or even scaling prove to be an issue down the line.
Core has won, for now - but having a few BCH must look worthwhile to some...
I would be taking advantage of the pump, rather than doubling down on a poor man's digital cash, but that's me.
I too, If I wasn't 100% XMR I would have already done that. Then I would be wondering when the re-entry point would be. Hah this market hurts my head.
