It has been a negative week in the Bitcoin/Cryptocurrency sector. So much bad news in such a short space of time. Its almost as if the universe wants to teach Bitcoin a lesson. Heres hoping we move past this stage without entering a full blown bear market for another 3 years.
A negative week in bitcoin?? You yourself are negative. Nothing bad have happened. There were lots of people believed that bitcoin price fall very much as we get closer to August 1. Now we see the price at 2500 dollar.
Everything is going very well and there is nothing to be worried about.
I am not being negative, i am simply stating facts. We have had nothing but NEGATIVE news over the last week. Just google "Bitcoin News" and you will see what i mean. How do you expect Bitcoin (as a brand) to have any creditibilty left with all this FUD flying around. We as a community cannot risk another bear cycle, thats all i am saying because the Big Boys can easily just take all the free "open source" tech (underlying Blockchain tech) and regulate the life out of the exchanges which means no new money in crypto's which then means a crash/winter/bear cycle.
There is an agenda at play at the moment. The smart guys can see the crusade against Bitcoin is entering a new level and as of now a $1 Trillion marketcap is off the map. The powers that be will not let it happen (for now) but yet there are the hippies/lottery type optimists/wannabe liberators/tech freaks who are completley blind to the fact Bitcoin is being attacked majorly this week.