Quote from: maxreish on July 16, 2019, 01:51:54 AM

Quote from: Alexandir on July 15, 2019, 03:10:00 AM

Donald Trump: I am not a fan of Bitcoin and other Cryptocurrencies.

Bitcoin is currently hovering just over $10000.

Just a fud. I do not think it is the main reason for sudden dump of bitcoin's price. There is another reason behind it. Maybe the huge sell off of a particular bitcoin whale. But for me , this is just a natural reaction of the market. The recovery and the correction stage before another bitcoin's huge spike will happen. And not with the negative statement of the President Trump. It's nothing to do about it.

I also do not believe that statement is the reason for the sharp decline of bitcoin, instead of thinking in this direction, I think differently, I think bitcoin's value increases too fast and current accumulation is not enough for whales to set higher pumps, so they need more accumulation periods, claiming to be just a coincidence, even without this statement, I believe that whales will create many other negative news. But perhaps Donald Trump is a whale in this area, and he wants the price of bitcoin to go down to accumulate through making this statement.