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26/12/17
15:46
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Originally posted by specgoldbug
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Dont forget with bitcoin.....money goes both ways......
Sure, its a bubble, and yes we have seen lots of news on this crashing, however all that does is increase large net short positions, and when the pendulum swings in terms of more money to be made taking out net shorts than net longs, thats what'll happen....and vice a versa.....
Bit coin is dangerous at the moment long or short....and it has more capacity to clean out your account speculating than what any forex pair has at this point in time....and thats exactly what bitcoin will do....clean you out.....long or short if you are not very careful....
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Once micro payments are available via lighting network and POS systems are rolled out for crypto, i would imagine $15k would be such a drop in the ocean..