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Tenured

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Tenured

Re: None

Thursday, 12/21/2017 2:21:14 PM

Thursday, December 21, 2017 2:21:14 PM

Post# of 26496
*All "major" Crypto is down today except Ripple.

*Some are speculating that the thrill is gone now that the futures markets are running. In my novice opinion, its a holiday effect. I have even read that bitcoin typically drops in December but I don't know if that is antidotal or not. I suspect there's some truth to it however. Investments are like houses. No one buys one for Christmas. ha ha.

*Some are speculating that the money has gone to the futures markets. I doubt that as the number of contracts has been solid and growing but not overwhelming.

In any event, it sucks for those new to GBTC and its not that great for people like me and others who are a year or two long plus long into this. Sure its house money but it hurts just the same. ha ha
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