Bitcoin Cash #16

in #btc7 years ago (edited)

6/12/2017

Dear: Diary,

Bitstamp is now open for BCH, but not much changed, BCH is still around $1400 to $1600.

Bitfinex, finally admitted and accepted BCH.

Dr Craig S Wright is called BTC an "overshoot".

Nevertheless, on December 10th, CME is going to launch BTC futures.
https://news.bitcoin.com/cme-group-plans-to-launch-bitcoin-futures-december-10/

While BTC is heading north in the past few days.

The question remaining;

BTC got pumped artificially, or because people are actually optimistic about BTC?

Who is pumping it right now? I am wondering could it be CME?

If what I believed is true, then BTC holders should be in a panic mode.

http://squawker.org/technology/will-bitcoin-futures-herald-the-end-of-bitcoin/

Sort:  

I believe BTC is being pumped, but I don't know who is doing it. Having said that, I believe BTC will drop back to below $10k and then rally up to the moon. I don't think we should be panicking. Just sit tight and enjoy the ride.

We need value, rather than artificial. But who knows, you could be right.