I came upon this article, and the so called experts weigh in on the current price dip and why they believe Bitcoin would reach $3000.
I am usually very skeptical about trading advice from popular cryptocurrency influencers as it could be made with personal motive, but I was drawn to the statement made by Former institutional trader, Tone Vays;
"BTC constantly drops 80 or 90% to make sure people know what theyre doing, that they understand why theyre in BTC. And I think there are so many big buyers of Bitcoin and they werent buying it for the right reasons. They were buying it to make a quick buck and to be famous and to make money for their investors"
But true believers in bitcoin would be mildly shaken by price dumps, especially as it is expected in this space.
I am usually very skeptical about trading advice from popular cryptocurrency influencers as it could be made with personal motive, but I was drawn to the statement made by Former institutional trader, Tone Vays;
"BTC constantly drops 80 or 90% to make sure people know what theyre doing, that they understand why theyre in BTC. And I think there are so many big buyers of Bitcoin and they werent buying it for the right reasons. They were buying it to make a quick buck and to be famous and to make money for their investors"
But true believers in bitcoin would be mildly shaken by price dumps, especially as it is expected in this space.
Tone Vays Statement is totally opposite to the store of value nonsense many in here use to promote btc.
It is not a store of value , if it keeps LOSING Value.
So the real question is Bitcoin a product/service or is it a faith based cult of ponzi retards. (IE: True Believers.)
