Blockchain week begins today in NYC, lasting until the 17th, the first of its kind to hit the big apple, where celebrities from the tech space and music will opine on the great SHITCOIN experiment that has so many people ditching their checking accounts in favor of a digital currency. Why, a Mr. Snoop Dog is scheduled to perform for the good folks at Ripple next week. I hear it’ll be quite the wild party. Crack open your cold storage units and bring your flash drives out to the event and show off your portfolios to all of the pretty AI women.
Meanwhile, a gentleman named ‘Sam Doctor’ from an organization named Fundstrat, said he believes the ‘raw power’ of bitcoin will propel the crypto currency to $36,000 by the end of 2019, with a totally normal range of $20,000-64,000.
Meanwhile, the crypto space is crashing this morning, fire engorging itself from each and every crevice of the sector, with mountainous losses found in BTC, ETH, XRP and many others. There was a rally, recently, and now it all went splat. See for yourselves.
Futures are flat, and gold is edge lording higher, likely due to the rapid descent of the crypto world — a wanton slap in the face to all of the nerds attending blockchain week in NYC.
Happy Friday everyone — try not to trip, slip, and fall into any murderholes today.
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Will you put on your top hat and bring a cane to slap some of those hodl homos around? Some Ibc live blogging would be great
Funny. Once BTC crossed under whatever moving avg is on GDAX it got smoke, but it’s still above and bouncing off of the 200 day which is not on GDAX to my knowledge.
BITCONNECT!!!