bitebits
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Bitcoin != exchange rate


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November 26, 2016, 10:54:34 AM

Not sure if I remember correctly, but I seem to recall price being down last black friday, while this one had a brief $9 pump.
I wouldn't forcefully look for a relation between things that are not related (as many do in this forum). Bitcoin doesn't care about black Fridays and alike, as currently what is mainly behind its move are the speculative pumps and dumps. I don't see much sense trying to relate such events to a particular day, because pumps happen independently from that, and thus, it is nearly impossible to say, there is a next black Friday coming the price will drop (or rise).


It tends to do the opposite of what the majority thinks, for short term $ profit obviously.