If you have not seen this video it is definitely a must watch. Kevin O'Leary was recently seen on TV talking down Bitcoin acting like he didn't understand the concept or why people would buy it. Now a video has surfaced from 2013 of him acting as a Bitcoin Subject Matter Expert and explaining how great it is and how he might put 2 or 3% of his portfolio into Bitcoin.
Now he's probably filling his bags again with more BTC all the while trying to chase off the average Joe. What a scum bag!
I saw that, he is a wall street gangster, they want to bring down BTC and buy it cheap.
ArivanyAndrade
⋅
I am with you, my friend.
I keep loosing with my safety nets .... I am going Free Solo now!
I hope we got that right :)
BitcoinBearSlayer
⋅
@ArivanyAndrade, If you are refering to stops I don't use stops because I have no intention of selling anytime soon and don't care if we drop a couple thousand from here. I'm not really trading so much as holding. If you are concerned with your account balance droping by 5,10,20% etc you might want to continue to use a stop.
Even this triangle could break the wrong way and the price drop down to 10.8 - 11.1K Some are still calling for 8.5K range.
It's up to you. I only risk my money. If ever I feel like I am the one who caused someone to lose money around here that is the day I stop posting.
ArivanyAndrade
⋅
@BitcoinBearSlayer, no please don’t worry about me .
I am completely aware of the risks . I got upset the last couple of days, because the volatility on BTC is so big that keep kicking me out of the trade.
I learn a lot with your posts and some other trades that I follow. Keep up with your good work :)
MaxL82
⋅
I really doubt he (or any other CNBC host) has any impact on BTC price :)
But I would agree he is good contrarian indicator.
BitcoinBearSlayer
⋅
@MaxL82, It doesn't change Bitcoin at all but it does affect some people's perception of the technology. How many people were about to invest into Bitcoin only to change their mind because they respect his opinion?
I'd hate to think somebody's life may have been negatively changed forever because this asshat is on TV talking down Bitcoin all the while he is buying it hand over fist.
Razorxxx
⋅
I have seen this triangle on a few places last days, have one in mine chart too, looks like every time when it's something obvious it does opposite, it happened to me a lot of times, but only with btc. Is this manipulation?
BitcoinBearSlayer
⋅
@Razorxxx, I think it is more of a battle than it is manipulation. The market's job is to get you to go one way while it goes the other while still respecting the technicals. The price fell out of the triangle but the bull trend is still intact.
COME ON DUDES!