A German Grayscale ramps up - VanEck Launches Bitcoin Exchange-Traded Note on Deutsche Boerse https://www.coindesk.com/vaneck-launches-bitcoin-exchange-traded-note-on-deutsche-boerse
Blackrock's Chief Investment Officer: Cryptocurrency Is Here to Stay, Bitcoin Could Replace Gold...
What comes next for Bitcoin: $25,000 or $15,000?
Who cares? It's a long term play.
Go up, do nothing.
Go down buy more.
Cash out in 10 years and give the money to your kids.
When I saw this story on Bloomberg I thought of you - @Pekelo, you were right - Ricardo Salinas = Billionaire Mexican = Drug trafficking/criminality = El Chapo = Darkweb = Hacking/Ransomware = Hoogly Boogly.
Shit, there goes my goody two shoes institutional investor mainstream narrative.
Here is a chart of monthly ATR on Bitcoin. It confirms the typical 'from contraction comes expansion' activity. What I noticed is the the times spent in tight consolidation are getting shorter. Better accumulation robots entering the Bitcoin arena?
LIFO can help with assigning accurate win/loss metrics which may help in preventing you from entering early but it still wont help with over leveraging and becoming a deer in headlights when the outliers hit.
My discretionary RTM SC chartbook
The tulip mania, beanie baby bubble viewpoint has been invalidated.
No one has been able to give an example of a historical bubble where the bubble pops and three years later price is back up to the same level.
If people want to shit on Bitcoin they need to run with a different narrative...
You'll need to add a best practices video for Geo-spoofing VPN setup to truly implement auto spreading.
Patrick,
You guys are a giant, why don't you use your voice to lobby the CME to create a BTC e-Micro contract. Just do a survey among your BTC trading clients to see if traders are...
Maxinger,
I know you like watching a lot of markets, looking for good large trading ranges. You don't even like the YM because it has the smallest range of the indexes. But honestly, tell me the last market you traded that moved 4.7% in 90 minutes. As a trader who loves strong trends and won't...
I think BTC will work fine when someone wants to transfer a million or two to buy a house in Europe and is content with a few minute transfer versus having their money held by a prime bank in NY for a couple of days while they glean interest off of it and ream you with a crappy exchange rate...
I'll name one - Legal non-secretive capital movement. Have you sent an international wire lately? Do you honestly think Paypal/Venmo has made a business mistake by entering the crypto arena. Oh wait, is that Warren Buffet secretly investing in PayPal...