Bitcoin Crushes $9,000 on Growing Signs of Mainstream Adoption

Re:Bitcoin Crushes $9,000 on Growing Signs of Mainstream Ado... by ufo on Sunday November 26, 2017 @06:17AM (#15780386)

> Thought many mainstream finance pundits regard Bitcoin as a bubble, the market has not shown any signs of a so-called “blow off top," meaning a sudden and major reversal is unlikely at the moment.

It is hard to take an article seriously when it is built on top of pseudoscience from Investopedia

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Re:Bitcoin Crushes $9,000 on Growing Signs of Mainstream Ado... by scotty79 on Sunday November 26, 2017 @06:48AM (#15780479)

All "knowledge" about investment in speculative instruments is pseudoscience. You can see it when you compare hedge funds with index funds like Warren Buffet did.

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Re:Bitcoin Crushes $9,000 on Growing Signs of Mainstream Ado... by votepaunchy on Sunday November 26, 2017 @07:06AM (#15780549)

And yet Warren Buffett consistently beats the market.

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Re:Bitcoin Crushes $9,000 on Growing Signs of Mainstream Ado... by scotty79 on Sunday November 26, 2017 @07:27AM (#15780608)

Yes. Because he is Warrent Buffet. He does that not because he reads the market but because he drives the market.

He, at no fault of his own, is same thing for stocks as penny stock scammers are for penny stock market.

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