• Breaking News

    Tuesday, August 20, 2019

    Home Unlabelled [Daily Discussion] Tuesday, August 20, 2019 Bitcoin Markets

    [Daily Discussion] Tuesday, August 20, 2019 Bitcoin Markets

    August 20, 2019

    [Daily Discussion] Tuesday, August 20, 2019 Bitcoin Markets

    [Daily Discussion] Tuesday, August 20, 2019

    Posted: 19 Aug 2019 09:05 PM PDT

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

    Other ways to interact:

    submitted by /u/AutoModerator
    [link] [comments]

    [Altcoin Discussion] Tuesday, August 20, 2019

    Posted: 19 Aug 2019 09:06 PM PDT

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

    Other ways to interact:

    submitted by /u/AutoModerator
    [link] [comments]

    Interesting POV on CME and now Bakkt

    Posted: 20 Aug 2019 06:56 AM PDT

    Interesting POV is that CME knew they were going to offer futures, so them and their cohorts who basically control all the money pumped the shit out of bitcoin, got retail money sucked in, but mainly it was their money, then once it launched they strategically sold the market down throughout 2018, and then in the depths of the bear market, right at the end in Feb. 2019, when the volume is still low for Bitcoin futures, somebody miraculously buys 80k worth of contracts which is the equivalent of 400k bitcoin right at the bottom. How convenient that futures were now available?! Since then we've rocketed up, but now we have Bakkt coming online (also Nasdaq's ErisX).

    So two scenarios here, one it was the same group pumping this current market since bottom so that once Bakkt comes online they will dump it like crazy and then get all their clients to start using their new exchange cause the prices are shit again. The Other scenario is that we simply go on a full on Bull run, and they pump the market, suck in tons of retail again, and then do a massive dump and at the bottom the volume on their new exchange goes up.

    This is all just a theory based on coincidences, but it is a fact that there is massive money power within NYSE, Nasdaq and CME. I remember an interview in 2018 at one of the conferences where a CEO at Nasdaq says on stage, you need us cause we Control ALL THE MONEY.

    Im not trying to spread FUD with this post. I welcome seasoned traders/investors to offer their POV as I'm not as experienced. Regardless of what happens though, long term I'm very confident that we will go onto new ATH's. The question is when it is going to happen.

    submitted by /u/JohnnyLingoMusic
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment