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Chart Of The Day: Why Bitcoin Is About To Fall...Again

  
By Investing.com (Pinchas Cohen/Investing.com)Feb 20, 2018 14:20
uk.investing.com/analysis/chart-of-the-day-why-bitcoin-is-about-to-fallagain-200200012?comment=201054
Chart Of The Day: Why Bitcoin Is About To Fall...Again
By Investing.com (Pinchas Cohen/Investing.com)   |  Feb 20, 2018 14:20

Bogdan commented on this article:

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Bogdan Matis
Bogdan Matis Feb 20, 2018 15:17
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it's pretty obvious that Bitcoin traders are only interested in making the quick buck and we are probably having allot of amateur investors who make their buy/sell decisions based on news, rumours and speculation. There is nothing sustainable or foreseeable about this whole Bitcoin debacle rather than the fact that traders will buy it when they feel that the price is right for money be made and will sell it either to secure a profit or minimise a loss. Bitcoin is a tradeable asset lacking all the necessary qualities of a stock and the essential attributes of a currency and that's what makes it so volatile. We will perhaps see the 8k-20k trend moving up and down for a while now, perhaps even years, until this piece of code finally crashes, becomes obsolete and fades into the software landfill of history
Irwin MacKay
Irwin44 Feb 20, 2018 15:17
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Nice comment
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