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RE: Bitcoin Explodes Above $14,000 - Korean PM Fears "Serious Pathological Phenomena"

in #bitcoin7 years ago

It is a bull that just cant help but to keep running. Oddly enough, it seems the more threats of regulation, the fiercer the buying is on bitcoin. Does the community know something that others do not?

I agree that bitcoin will be hard to control. What might happen is that the regulators will open the door to DEX since many are looking to flee fiat currency anyway.

Logic says profit taking should come soon but that brings up the question how many people are actually trading BTC as opposed to buying it and socking it away? With only 21 M coins and an supportive base, there might not be a lot of coin available on the open market.

Wall Street is coming...they could push things a lot higher.