GMT20140606 20:30 Trend Analysis of Democurrency

 

Bitcoin:

Opinions no change.I don't want to repeat a commonplace. 

If nobody play dice games, Bitcoin price will start a journey up to 5000.

 

Today I came across a man engaged in third party payment and we have a chat on the possibility to take part in Bitcoin. I just found that the hundred of licenses of third party payment had been issued. PBC just controls third party payment not to provide service for transaction centers, but it doesn’t forbid other methods to deal with Bitcoin. So there are still many opportunities.

 

Altcoin:

Altcoin Index 1 is 6.12, down 1.8%. Altcoin Index 2 is 2.25, down 3%. Both of them create new low points.

 

It’s funny that today high market cap altcoins go down slowly and mid market cap altcoins go up suddenly and sharply.

 

IFC rises crazily. But you have to know that it has nothing to do with me. Its market maker has at least 20 billion chips held up in last round. It’s possible that he rushes to push up price.

 

My faith is still that: there is no big trend before Bitcoin creating a new high. So don’t buy high. Try to buy some altcoins with small market cap as our strategies.