Loading ...That is an awesome chart example. That’s the kind of thing I envisioned would happen. Makes me wish I had held on a little longer…. shoulda, coulda, woulda… Oh, well. I have eight-tenths of a BTC left. Still worth over five ounces.
How High is High?
This is the chart that Gold SHOULD look like if it were not ‘controlled’. A true market mania, unmolested. We shall see if the new ‘financial products’ will put an anchor around BTC. I suspect it will be hard for a futures BTC market to affect the underlying BTC fundamentals. BTC may be a bit difficult to arbitrage because it is not on the same exchange as the futures. I think the BTC fundamental mania will be the driving force for the futures, rather than the other way around.