Pheww sigh I can't believe there is still more selling than buying at these price levels. What is going on? Are people still selling because of fear of Craig White and bchsv or has the difficulty in bitcoin dropped. Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
Of course investors are still buying bitcoin but the problem is that we have been overwhelmed by sellers at this point that's why the price continue to plummet. I'm not sure though if this has something to do with BCHSV if it is, then it we could be dragged by their ongoing war but I'm sure that we will bounce back. As I have said before, investors are getting smarter now, there's no FOMO as compare to last year, but a this point, there's no need to panic sell though. Sooner or later this will be over because everyone will realized that Ver and Craig Wright has played us all along and nobody will support their coins.
It could have been sell off due to another month delay in BAKKT and I believe launch date is now January 24th.