Post
Topic
Board Press
Re: [2018-02-05] Bitcoin dips below $8,000. India is the latest buzzkill
by
Lucius
on 05/02/2018, 10:54:04 UTC
Everything is just a FUD! These FUD stories and news have been greatly flooding the internet and every news outlet. Don't you guys think there is something fish about it? When the price of bitcoins are constantly going up, no bad news comes out but when it is going down there is no good news but only bad news all the way. It's all black propaganda from the people are pushing for bitcoins to go down and so they can buy at really low prices then pump it back up again. This is like what happened last year when there were a lot of news about China banning crypto. There is nothing new here.

There is something fishy in current events,no doubt about it.Price is going down,and in this moment the bottom is not in sight,so it's just a matter of how low someone will allow to price drop before pump start again.We all see that BTC is one big billions dollar money factory,and all the wisdom in this is to sell high/buy low/take profit.Does that happen right now?Probably but hard we can be absolutely sure about that.

Such big price drops are always easy opportunity that large fish eat small,without much effort.