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RE: Big short stock market and big long BTC? I think so!!

in #bitcoin6 years ago

It's hard to look at the price as based on fundamentals in a market like this. The entire market for the most part is speculation. I see improving fundamentals as more and more solid baseline support, but those levels are likely much lower when speculation is removed. This means volatility will be produced by parties looking for gains in a thinly traded market. Over time the ability to swing the market for gains will go away, and after that we'll all need a real job again. Lol. Unless you have lots of Steem Power then you can work by blogging! Thanks for the post!