To much going on with Bitcoin, something mayor appears that will happen soon.
Last fork was canceled after everyone expecting free money, not a normal fork as before, this last fork half of the core developers of Bitcoin were going to move on with the new Bitcoin x2.
It was cancel in the middle of the week and all that money that was going in to get free money got dumped. Most developers are now moving to Bitcoin Cash as there is no future upgrades to Bitcoin Core to fix how slow it is and its high miners fees.
It appears that there is a now a War between the faster Bitcoin Cash 1and the original Bitcoin and getting Bitcoin Cash to be seen as the new Bitcoin and removing the Cash from its name.
Bitfinex is having a lot problems with the banking sector, they have moved to take out all US citizen from its platform so they wont fall in the same investigations as BTC-E that allowed US citizen to trade on its platform and the FBI came looking for them for a lot of fraud, money laundering, etc. BTC-E was a Russian exchange yet the US government went after them as they said having US citizen to trade on its platform legally the US Government sees them as a company they can go after even if they are not in the US.
Bitfinex soon stopped allowing US Citizens from trading on its platform
Tether got "hacked 30 million dollars worth of Tether" which is owned by Bitfinex, many news site are reporting that these Tethers have been created out of thin air to pump up BTC and not allowed for the Price to fall as they need new money to continue with what ever they are doing.
Search Online for Spoofy Bitfinex... you can see what is happening everything Bitcoin tries to fall and when Spoofy gets Activated to stop from doing so...
It appears on the graphs that all of this is about to explode... Bitcoin is being manipulated and greed is not allowing a lot of people to see...
Time will tell... but the graphs are giving all the signs now!
Long Term: Bitcoin Short and Bitcoin Cash Long
Komentar
⋅
Weekly Graph showed way to MUCH FOMO and it did not correct, this graph is still in play, OVERBOUGHT CONDITIONS are very strong now, we saw a fall of 3k points in the high, but this has not corrected yet... we need one WEEK red candle and it has not done it yet, the higher it goes the higher it falls
@mix122, yes... ive been saying 5k for weeks myself
ClementSand
⋅
Just saw the same things in my charts... Go down then up down and up down and... maybe today there will be no up with all that money flooding into bch
Sidney-CWB
⋅
Great!! Do you think that all other coins will go down together with bitcoin too?
AdrianZen
⋅
Well, BTC is begging for it but the CME Group's futures to be launched on December 10th may start a whole new round of dangerous investments.
bluedog360
⋅
@AdrianZieniewicz, could also start a huge wave of shorts
corporation517
⋅
@bluedog420, People in Wall Street are not dumb, new smart money is coming in... This new market might open up shorts like never before... Time will tell