Quote from: btc78 on July 18, 2019, 07:46:40 AM

Quote from: Paulinerims on July 18, 2019, 06:46:13 AM

I got a feeling that all that hype from Libra impacted on the gains of bitcoin price. Is the slump this week weighted on the bad media comments about Libra?

Is this really a BS?theres a lot of new created account to advertise this libra coin?i guess this is too much advertising when there are some troubles they must make answer first

The Us president has been not in favor of their release so for the mean time lets stop the flooding of libra coin

I don't think it's BS at all, considering that Libra has actually the potential to become the next big thing. I don't also see this as an advertisment strategy at any point. Why would these new accounts waste their time creating new accounts just to talk about Libra? I don't get the point.

Remember the time when Friendster is still the top social medium in the internet, then here comes the Facebook making a surge to the top.

That's also the reason why I think the US government is putting pressure on Facebook's Libra. Taking into account the success of Facebook as the world's most popular social medium, there's a huge possibility that Libra will be the next big thing in the world of cryptocurrency.

Anyways, going back to the OP, I really think that the issue about Libra has something to do with the bitcoin price. Bitcoin and altcoins has this chain reaction. f you're a great observer, you will notice that mind conditioning plays a huge part on the decision making of the crypto holders/owners, thus affecting the market as a whole.