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RE: It looks like we will hit 10 000 USD on BTC soon.

in #bitcoin7 years ago

Seems like a way to screw traditional investors by having them pay ridiculous premiums for OTC type investments.....

Not sure that this means that btc will go to 10k. Although, I sure hope it does. Or, are OTC (Over the Counter) and this something completely different?

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It looks like the direct funda of demand and supply. Suddenly the demand is huge and prices are hiking. Obviously it managed to keep up with the invester's confidence.

Absolutely, the finance industry sharks are going to go into a feeding frenzy and gouge investors. But is this not what they, the middle men have always done? The premium that you pay for "security"... ahem, extortion.