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Bitcoin and other Crypto...


Spy Bee
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If they act in the same way as stockbrokers yes they will. Interesting to see how much of their 'own' money they put into it.

Prop desks are becoming fewer and fewer in investment banking. Even if they put their own money in, once you can HFT these assets, they can still win no matter which direction it goes if they're good and fast.
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Banks are after the blockchain, whether that entails the cryptocurrency I don't know, I'm not an expert. However, this is interesting, every time a company adds blockchain to their description the share price rockets. We really need a heads up on these.

 

http://uk.businessinsider.com/stapleton-capitals-stock-rises-130-after-blockchain-pivot-2018-1?utm_content=buffera7aa5&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-biuk

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Some are suggesting that the futures markets are creating the downward pressure. The latest futures contracts will end on the 26th and I've put my funds into USDT for now and will see what happens after that date.

Yip. If it IS futures, the pattern will keep repeating.

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Just had this message from the banker guru dude know - Expect a tough week this week...Bitcoin is going to crash hard until the weekend - until the Bitcoin futures contract expires. The worst thing the SEC could do was put Bitcoin up for futures! Expect to be frustrated, expect to be edgy... whales will try and kill you - don’t let them - buy the dips!

 

I think Bitcoin will split from other crypto soon enough.

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I’ve sold everything now. Got £500 from my original stake so happy I’ve made £150 (Not as happy as when it was £350 profit)

 

For some reason I like Ethereum so will buy that when it gets to 600

This is starting to look like it may have been a mistake!

 

Who can predict this market? It's mad!

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