View Single Post
Old 12-10-2017, 10:16 PM   #20
nightfighter
Seldom Seen
iTrader: (0)
 
nightfighter's Avatar
 
Join Date: May 2001
Posts: 10,389
$16400 at 10 pm up 1800..... after commencing trading on CBOE today. Much of the recent gains are on anticipation of participation IMO. Air, fluff, smoke and mirrors, call it what you will. But some have and will make money, and some will lose BIG........ Too few whales control too large a percentage of the overall market. I have seen one report that says 1000 people own 40%. They all know each other and talk, and just want to make money. So they don't want to sell a large portion and kill the price. And they can all "conspire" for lack of a better word, because as a currency, it isn't fraud to share information as it would be if you held a controlling position in a publicly traded company. It just reeks of the possibility for a pump and dump. I am out.... and was never in.

Last edited by nightfighter; 12-10-2017 at 10:51 PM..

“Americans have the right and advantage of being armed, unlike the people of other countries, whose leaders are afraid to trust them with arms.” – James Madison.
nightfighter is offline   Reply With Quote