There are literally no bears in the market to correct and stabilize it, just a bunch of stalwart newbs 'hodling'. What happens when it finally gets a proper test? Flash-crash.
The problem is that there is no stability, and it rose FAR too quickly.
There are literally no bears in the market to correct and stabilize it, just a bunch of stalwart newbs 'hodling'. What happens when it finally gets a proper test? **Flash-crash.**
The problem is that there is no stability, and it rose FAR too quickly.
I don't even think bitcoin is that great, but there are definitely bears in the market. It's a tug of war between the margin longs and shorts. Everytime the margin longs get too aggressive, the shorts come in, borrowing as much bitcoin as possible in an attempt to liquidate the longs. Billions are trading daily in this game, it's a serious business.
I don't even think bitcoin is that great, but there are definitely bears in the market. It's a tug of war between the margin longs and shorts. Everytime the margin longs get too aggressive, the shorts come in, borrowing as much bitcoin as possible in an attempt to liquidate the longs. Billions are trading daily in this game, it's a serious business.
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