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RE: BTC - Just like that, a week of gains gone in a matter of hours

in #bitcoin6 years ago

It is definitely possible that someone with a lot of money to gain put in some shorts right before the news broke. It is a little ridiculous how immature the markets still are nearly a decade after BTC was created. Luckily the adoption is speeding up as technology advances :)

I took the opportunity today to scoop up 1 ETH for just over $250 with fees and over 110 STEEM at around $0.87 each. Slow and steady accumulation just in case we continue to fall.

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Probably some pretty good buys right there. The fact that margin shorts were continuing to climb the last few days could be telling, or it could be not related at all and they just got lucky. Either way, there is a little smoke, and where there is smoke...

That's the way to do it. If you believe in crypto you shouldn't be scared off by 10% dips.

I bought 4 LTC and 0.08 BTC today, and Ive got some buy orders for steem that I just missed.

Did they end up hitting? I saw steem sitting at $.80 last night.

Same here... loaded up on some Steem!