Post
Topic
Board Bitcoin Discussion
Re: Why do some people in crypto still wish the downfall of Bitcoin?
by
jiryuksan
on 16/08/2018, 07:25:53 UTC
I think that some people do not understand how their carelessly expressed opinion can affect the price of bitcoin. One told his friend his bad predictions, a friend passed on to someone else and a chain of bad news went. And people get panic.
I'm not surprised by the news about the fall in the price of bitcoin. This is a bad trick, tends to be cruel because spreading news that is conditioned can make bitcoin prices fall to get maximum profit.

When bitcoin prices fall, they buy as much bitcoin as possible, after which the game changes where bitcoin is conditioned to increase prices and they sell by enjoying as much profit as possible.