Digital currency Bitcoin hits new high before losing S$200 in value in one day

[holymage]

The pain / regret trade is happening in bitcoin... people who doesn't even speculate is asking me about it

https://www.bloomberg.com/news/features/...rket-crash

In the first half of 1987, the bond and stock markets diverged for seven months. Bonds went straight down, equities straight up. These sorts of divergences always get my attention. In August and September, I persuaded management to cover all of our hedged short positions in sovereign fixed income, and we built up a long position in notes and bonds.

Speaking from personal experience, I have a friend who bought bitcoin at $1000 and sold it at $1200, is now confident and adamant that bitcoin will hit $10,000. Hmm.. Ha.