BITCOIN DIARY: Greed is not good, right?
Remember Michael Douglas in Wall Street with those computer screens? The screens were there to help him decide - Buy, sell or hold!
Lance Boyle is a nobody First a recap. The price of crypto stumbled around in the dark while miners made up their mind about the hard fork of August 1. There was no hard fork and so the price shot up. Since then it has stabilised and we can all take a breather. See BTC Ticker below for exact valuations at time of writing. Note that we are off the all-time highs, but still strong. Which doesn't answer the question that has worried humankind since the beginning of time: "Buy, sell or hold?" Remember Michael Douglas in Wall Street with those computer screens? The screens were there to help him decide - Buy, sell or hold! Mr Gecko: "Greed - for lack of a better word - is good. Greed is right. Greed works." Okay, so it's a little old fashioned, but hey this was the 1980s. People were wearing shoulder pads, watching Dallas and arbitraging the financial rand. The problem is nicely illustrated with this meme posted by someone who is in the money on Twitter: Well, yes, if it's the very thing...
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