I want you all to take note of this:
Imagine throwing a stainless steel ball through the air. It lands on a smooth hard concrete floor. Ball bounces. Several times. Each bounce it follows the laws of gravity. It falls in a parabolic curve. The market does the same thing. It curves and falls. There is a point of slip when the market fractures and we see these types of fracture moves. There is always a reason behind them which becomes apparent when viewed with other markets and this fracture we are seeing develop is because of (partly) bitcoin's success and failures. If you don't know what bitcoin is, then you ought to read up on it. It is imaginary currency that is traded upon with live currency. Somebody came up wuith a "Monopoly Money" idea and made it work. It's essensially a ponzi currency that is changing the world. Keep an eye on it. It is a market breaker.
Imagine throwing a stainless steel ball through the air. It lands on a smooth hard concrete floor. Ball bounces. Several times. Each bounce it follows the laws of gravity. It falls in a parabolic curve. The market does the same thing. It curves and falls. There is a point of slip when the market fractures and we see these types of fracture moves. There is always a reason behind them which becomes apparent when viewed with other markets and this fracture we are seeing develop is because of (partly) bitcoin's success and failures. If you don't know what bitcoin is, then you ought to read up on it. It is imaginary currency that is traded upon with live currency. Somebody came up wuith a "Monopoly Money" idea and made it work. It's essensially a ponzi currency that is changing the world. Keep an eye on it. It is a market breaker.
You win, you lose. All else is history. The future does not exist.