Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid

Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid

Bitcoin was at it again early Friday, climbing something like $350 in the space of a couple of hours, rising above $8,100. This comes on the heels of Thursday morning's truly absurd ascent that saw prices spike more than $1,000 in minutes. Who knows what's behind this, but whatever it's worth, Fundstrat's Tom Lee (more on Tom's Bitcoin calls here), said three things could be behind the rally: Santander’s idea for a payment application based on blockchain tax-related selling
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5 thoughts on “Bitcoin Rallies Again, Is Up A Lot This Week Because People Are Still Stupid

  1. just wait for the volume to drop & then short again. check volume at coinmarketcap.

    it’s most likely just whales pumping at an opportune time. china talking a devalued yuan, soros, and now it’s Sharia Law approved!

  2. Idk if you posted that pingback non sequitur sun burnt, but I that has nothing to do with “shorting” cryptocurrency which is by and large not possible. With very few exceptions: futures, exchanges that allow leveraged trades. All of which carry there open substantial extra risk. But hey if you want to short some of my BTC let’s write up a smart contract on Ethereum and getter done

    1. *Apologies for my sausage fingers mobile typing.
      **Ethereum, which could enable you to set up your shorts independently, is another completely worthless crypto that does nothing

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