Quote:
Originally Posted by crucifissio
BTC @13k down from 18...the Oracle said it would tank but people Got all itchy asshole about it...
Next time listen to the Oracle...
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it will not crash right now - the volatility is the reason of the speculations ups and downs.
you should not forget that bitcoin is STILL a unique money laundering machine wich makes it possible to exchange black money into black money and on both ends you will have white money. most people do not know how this game is played.
as long this is possible and not controlled it will always go up and down and they hope that in the meantime there will be enough idiots putting really white money in the system what will be the only money there at the end.
so it is still possible that this game will go on in 2018 and that bitcoin value is at 50 k or more. there is no doubt that it WILL crash but I would not speculate on the WHEN.
at least this crash will not have a big influence on the real economy or on the markets except in those countries where it is allowed that hedgefonts are speculating with bitcoins. but even there it will only hit the small investors.