Bitcoin has been going nuts all day long, rising all the way at one point to $19,000. Will it continue to rise up until Sunday when the CBOE Futures launch, for a sell-off once Wall Street can start shorting Bitcoin without even touching it? Grab a beer whiskey, water or coffee and let's chill and have a good time talking crypto. Let's recap the day's action and answer your questions about the crypto world!
Bitcoin Goes Nuts - Will it sell of before Sunday's CBOE Futures at 6pm?
7 years ago by cryptobobby (65)
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bitcoin about to move down move back into alts like steem and lisk
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It's happening right now, ETH making a bit of a move!
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You got hit by a johafiles upvote. And now you are trending. cool dude
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No. Atlanta Falcons rise up
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https://steemit.com/introduceyourself/@wasi/steem-dolar-and-steemit-must-read-artical-its-helpful-for-all
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Oh my word! I wonder what the mining difficulty is gonna be now. This is great news. I pray it continues,as that will give value to the least of its currency.
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restem
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will alt coins price rise if bitcoins falls and if so is it a good idea to trade your bitcoin for another coin in preparation for a crash then trading back when bitcoin levels out
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Most Likely not. When bitcoin falls it will tank the alt coin market more precipitously than bitcoin's own fall - even given it's recent parabolic growth.
If you want to insulate your money from crypto volatility without having to cash out incurring capital gains - maybe look into trading into Dash. It's price behavior is much less volatile during booms and busts of the other coins.
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I need to study in detail the rules behind the derivatives contracts. But if this means shorting is now easier, that means people will be incentivized to see the bitcoin price go down.
Also, the futures will allow less volatility in the bitcoin market, making dramatic one-day price increases or decreases less frequent than before.
Maybe.
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 76.00 SBD, based on the pending payout at the time the data was extracted.
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Congratulations @cryptobobby, this post is the ninth most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1064 and the total pending payments to posts in this category was $5135.43. To see the full list of highest paid posts across all accounts categories, click here.
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And here I am waiting for funds to move...
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Very good imformation
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