Bob24 wrote: » Yes it real does fit the descending triangle pattern - maybe some of it is a self fulfilling prophecy with people stopping where TA tells them to stop both upwards and downwards. But it won’t last forever and the same TA tells us that when the triangle is closed (soon), we should see massive pro d action ... thing is it doesn’t tell us for sure which direction that move will be! :-)
SMC92Ian wrote: » What is this?
FFVII wrote: » Lads at work pooled together to pay some lad online to tell them what gonna happen. I don't know who he is or whatever. But, his text came in today and it's going down to 6 grand apparently.
Intercontinental Exchange, the owner of the New York Stock Exchange, launched its bitcoin futures contracts late Sunday, in a move aimed at enticing investors who have hesitated about trading the cryptocurrency. The first trade in the new contracts was executed on ICE’s futures exchange at 8:02 p.m. ET at a price of $10,115, Bakkt, the firm behind the contracts, said in a Twitter post. Bakkt is an ICE-backed venture which aims to make trading and paying with cryptocurrencies viable for retail and institutional investors alike. ... Cryptocurrency fans will hope ICE’s bitcoin futures, which are federally regulated, can provide some much-needed legitimacy to an asset class that has been mired in controversy following illicit activity in the still nascent industry.
cnocbui wrote: » https://www.cnbc.com/2019/09/23/nyse-owner-ice-launches-deliverable-bitcoin-futures-contracts.html I would have thought that to be a positive development, but the market doesn't seem to think so.
Bob24 wrote: » Volumes on Bakkt have been fairly low (only a few dozen BTC until now), which I guess is a disappointment to some.
cnocbui wrote: » Hasn't even been going for a single day and you are seemingly already crying failure. The downbeat thread for depressed people is that way -->
makeorbrake wrote: » It's good news - physically settled futures are far better than the CME version for Bitcoin as they have to go out and buy actual bitcoin to settle the trades. People get over exuberant and expect things to happen in an instant. Things are moving along quite nicely....but step by step. Over the next six months, Bakkt volumes will go up.
Tango One wrote: » Any ever take part in the government confiscated bitcoin auction. Is there much of a discount of you did.https://www.wilsonsauctions.com/timed-auction/listings?salecode=192398
unkel wrote: » Why the hell is this sold at auction. That's a gross waste of tax payers money :mad: 15% auctioneers fees + VAT on top of that :rolleyes: Just sell the damn coins on a big exchange and get 100% of the value for it. They wouldn't bring a confiscated pile of €50 notes to auction either though, would they?
Addison Fancy Macrame wrote: » Time to buy
Bob24 wrote: » I could be wrong, but now that a clear downtrend has been initiated I see it going even lower. Still think the way is up in the mid/long term though so yes probably some going buying opportunities in the short term.
