If the price of Bitcoin crashes down to almost nothing.
At what point does Micon contemplate suicide by jumping off the 50th floor of the Rio?
https://pnimg.net/w/articles/4/558/80cea1e15c.jpg
Printable View
If the price of Bitcoin crashes down to almost nothing.
At what point does Micon contemplate suicide by jumping off the 50th floor of the Rio?
https://pnimg.net/w/articles/4/558/80cea1e15c.jpg
There is a compelling theory that Micon liquidated the bulk of his BTC back when it was in the $200-$300 per range.
Just saying.
Micon also told everyone that he would never ever sell all his Bitcoins.
https://www.bitcoingg.com/wp-content...bryanmicon.jpg
Yeah he said that before he was facing a dozen years of watching his little girl grow up from behind 1" thick plexiglass.
Here we go...
Just so yall don't get too excited... the entire market does this every weekends start. Rebuy big Mondays. Add to it the Asians want their cash profits and rinse repeat. There will be no huge crash.
It's usually a decent hair cut across the board on weekends with some exceptions. Asians take their ball home, count cash, buy the blood Monday profit take a bit Wednesday and pump up again until Friday night EST. Just my experience. If it all stays red another day or two then buy buy it all top 4 or 5. Make XX% by Wednesday :) it's a plan I follow. Not always accurate but pretty good. It cannot account for major swings based on news but trade at own risk.
re: shorting
as Snake in Ass said already, Bitcoin Investment Trust maybe, symbol GBTC, CUSIP 09173T108
but it already moved down some...Thursday at 10:30 am it traded at 1,084; it closed Friday 3 pm at 792
still, on Aug 3 it opened at 463, there could be more correction.
So the question is, "do you feel lucky?"
Looks like this mini-crash has stalled. And it's now pretty much were it was when C$ came out with his bold prediction.
Your shorts gonna hate this week. It's setting up beautiful for a $300-$500 pump come Monday.
And bought back in and ready for a bit of side ways action for a bit then the bounce up.....blood in the street over the weekend just as predicted after big gains across the top 5, now comes the early Monday North American panic and set up for the pumps :)
This will be a wonderful XX% profitable couple days as the Asians say its time to PLAY BALL!