Some guys have all the balls

DIfhHJ3W4AE7T64.jpg:large
it was lucky for the shorts they could not short it,
 

Bitcoin is going to come crashing down.

Nothing in history even remotely looks like that chart -- and has sustained it, o_O

Bet the farm on put options, and clean up...the reward from that will make its rise look like peanut returns,
 
Last edited:
Chuck, stop posting that incredibly misleading chart. Bitcoin is 8 years old and having its 5th bubble already. So as a minimum its timeline should be 8 years and not 2, and it should show the earlier bubbles. (a 70-80% drop would classify as a bubble burst)
 
Before I find a good all time chart, here are the bubbles:

https://en.wikipedia.org/wiki/History_of_bitcoin

1. 2011 July top at $31 >> down to $2
2. 2013 April top at $266 >> down to $100
3. 2013 November top at $1242 >> down to $200
4. 2017 August top around $4687 (still going) >> ???

OK, here it is, the first bubble doesn't even show up, because of the later huge increase, but you can see it if you move your cursor over the chart:

https://www.coindesk.com/price/
 
Last edited:
Back
Top