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Anybody have a bag, big enough to short this?

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    #21
    Originally posted by danny W1M View Post
    My query on Dec 16th looks pretty good now($17,717). Likely wouldn't have been able to take the heat on Mon 18th move up,,,probably would've got whipsawed trying to get out. But where we will end up today, would've have looked sweet!

    Should've given more consideration to the up coming holidays, in that, people often like to clean up their positions when there are days ahead in which you can't trade.

    I think this thing will go down to at least 12,000, if not even 8,000.

    No, I'm still not getting in,,,, as AF5 says, could lead to unbearable pain !

    [URL="https://www.nyse.com/quote/index/NYXBT"]https://www.nyse.com/quote/index/NYXBT[/URL]

    Oh ya, the news about the falling Bitcoin was all over CTV and CBC this morning, so you know what happens with news like that goes "mainstream".
    BNN was discussing Bitcoin today with an analyst who has an investment in a small amount of bitcoin.
    A issue he found is you can't exit the contract and have the contract converted to CDN $ into your bank account .....you have to take your exit in Bitcoin. (Regulators are worried about money laundering).

    They did mention CBOT is planning to add for more Bitcoin trading and Goldman Sachs is setting up a trading desk for it.

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