Bitcoin (BTCUSD)

[Nebuchadnezzar]

Brokers at E-trade said Bitcoin is a joke but they don't mind taking your money in commissions. it was a great conversation.

many of the investment communities and brokers actually think crypto currencies are a black swan event especially as they become more mainstream, thus losing exclusivity and also they believe the government will step in and major regulation will befall them, possibly some or all being banned in United States.

so at $3000 it was fun talking sh*t while I traded it at $5500 and $6500. at $8000 the parabolic move may be over or must hit $10000 then it is very likely to fall further. the only way it runs to $20000 again is by major manipulation.

also still 3.5 million bitcoin left out there to mine, getting harder and harder and more expensive. once they are all mined, the price will likely fall hard