LOL Yes it does. However, in this instance, those snakes have similar interest as those of us holding crypto do...to make it go higher.
Wall Street needs a feeding frenzy and one thing they can do is market. Dimon is out there attacking BTC while MS and JPM along with others were loading up. What does that tell you? They might keep up the same antics throughout the rest of the year to try and influence the price downward. However, look for them to reverse the rhetoric come 2018 and start talking up cryptocurrencies. At that point, they will be selling to all their clients and raking in commissions (while watching the value of their holdings go up).
They are snakes but, at least, they are predictable....
LOL Yes it does. However, in this instance, those snakes have similar interest as those of us holding crypto do...to make it go higher.
Wall Street needs a feeding frenzy and one thing they can do is market. Dimon is out there attacking BTC while MS and JPM along with others were loading up. What does that tell you? They might keep up the same antics throughout the rest of the year to try and influence the price downward. However, look for them to reverse the rhetoric come 2018 and start talking up cryptocurrencies. At that point, they will be selling to all their clients and raking in commissions (while watching the value of their holdings go up).
They are snakes but, at least, they are predictable....