Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ...
by nodesocket on Friday March 10, 2017 @07:45PM
(#13843415)
I'd say this is just a correction from over bought levels. Even better the correction is based on actual negative news, which is a sign of market strength (vs going down on no substantial news).
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Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ...
by hueving on Friday March 10, 2017 @09:18PM
(#13843787)
What kind of logic is that? Just because it goes down on negative news doesn't mean it wouldn't go down on other rumors.
Re:SEC Rejects Rule Change for Bitcoin Exchange-Traded Fund ...
by nodesocket on Friday March 10, 2017 @09:21PM
(#13843805)
I'm saying perhaps it shows a sign of maturity. Don't get me wrong, anybody who thinks Bitcoin is a solid investment instrument as a whole is not informed. Bitcoin investing by definition is highly speculative and you should have an appetite to sustain massive swings.