Sunday, 29 September 2019

Is Bitcoin heading into a bear market? Or is this the beginning of a record rally? Read all about it now.

Is Bitcoin heading into a bear market? Or is this the beginning of a record rally? Read all about it now. submitted by /u/CoinMarketExpert
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source https://www.reddit.com/r/btc/comments/daro45/is_bitcoin_heading_into_a_bear_market_or_is_this/

Bitcoin ($BTC) Technical Analysis: 09/28/2019

Bitcoin ($BTC) Technical Analysis: 09/28/2019 submitted by /u/CryptoDataYoutube
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source https://www.reddit.com/r/btc/comments/darhhv/bitcoin_btc_technical_analysis_09282019/

Stock to flow ratio: What are the valid criticisms of this model relative to bitcoin? They say the model is 99% predictive so far.

Are there good criticisms of this model other than past performance not being a good model of the future? (e.g. some flaws about the assumptions of stock to flow itself) Just wondering how much weight I should give this because a lot of people say it has good predictive value.

submitted by /u/MotherPotential
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How not to store your wealth in China [Bitcoin users not affected]

How not to store your wealth in China [Bitcoin users not affected] submitted by /u/bitsteiner
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Institutional FOMO will push bitcoin to new highs

Institutional FOMO will push bitcoin to new highs submitted by /u/bozidgha
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Hurry! I sold 75% of my Bitcoin because of urgent need for cash. Given my luck, the price will explode tomorrow

submitted by /u/MgKx
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Could you please explain why does the Bitcoin community want to have verified ETF and more Futures?

First I want to clarify that these developments could improve adoption. But on the other hand, these financial products are nothing but derivatives, which are completely against to whole case Bitcoin stands for.

We had CBOE, CME and now we have Bakkt. These platforms create a new, derivative based market, a meta bubble that actually do the same thing with BTC, that we was experiencing with gold. People are trading many times more gold based derivatives than the actual, physical supply.

As I see, if these derivatives will get serious attention, that would cause two things:

  • Bankers, institutions will have a low-risk, insured option to short the market with high leverage and drive the prices down easily
  • The bullish trends will be much less volatile and therefore there will not be huge gains for people who actually, really own the asset, because the traders of the derivatives does not really have to buy and own Bitcoin to make profit or to have a "stake" in it.

Are there some other important reasons I don't understand, or everybody just want to trade it to make FIAT profit and do not care about the financial benefits of this disturbing technology at all?

submitted by /u/nfcwalletcard
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