Post
Topic
Board Economics
Re: Bitcoin drop about 20% after Lloyd Blankfein comments.
by
posi
on 01/12/2017, 13:17:40 UTC
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
Mate, bitcoin is stronger than this and this remind of the time the Chinese government did a lot weird things which lead to dump in price of bitcoin while people start to panic their bitcoin. My advise to you is that don't panic sell your bitcoin no matter the comment people say.