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Bitcoin outflows into VGX?
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I can't help but wonder if a lot of the money that's coming into VGX is from disgruntled Bitcoin holders. My thoughts are that this recent pump in vgx from exchange listings has given it some attention and a nice little pump. This pump has got the attention of Bitcoin holders and now they are fomoing into VGX while BTC is dipping. Once Bitcoin bottoms and starts its next leg up, I suspect we might see a temporary dip in VGX as people swing their profits back into BTC. My guess is 3-5 days from now.
Thoughts?
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- 3 years ago
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