RE: (CRITICAL UPDATES): BITCOIN, GOLD, SILVER, STOCKS, BONDS. By Gregory Mannarino

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(CRITICAL UPDATES): BITCOIN, GOLD, SILVER, STOCKS, BONDS. By Gregory Mannarino

in money •  7 years ago 

Pretty easy right now to point at bitcoin and laugh because the future markets are in play. But is it really the tail wagging the dog?

Looks to me on the spot/futures chart bitcoin is leading futures. The volume in comparison to other commodity markets is pathetic.

(chart futures/spot)

The timing of Coinbase / BCash and Roger Ver dumping his bitcoin in a massive Pump & Dump scheme coordinated with CNBC - I'd say that has way more to do with it then futures.

Anyway - humble yourself, you might get wreked!

money
7 years ago by

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      ·  7 years ago 

    I have noticed that CNBC went parabolic with BTC coverage as of late. Didn't know Ver dumped, Heard about BTC cash/BTC rotation, you think Coinbase going down for hours was implemented? I heard a 20% limit was triggered but I thought that was in regulated markets, not crypto exchanges.... I honestly don't follow cryptos, but it's impossible to get through a trading day without hearing about Cryptos 4-5 times a day any longer.

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