As China bans bitcoin again while India unbans bitcoin again, this is getting played out. The energy consumption FUD is tired BS. The tweets, the misinformed articles, media FUD, etc. This is all getting boring. The fundamentals haven't changed, and the manipulation is getting boring. Seems like every rally, the same boring FUD comes in and scares the newest wave of recent buyers. It's cool if you bought within these recent few months, but stop fucking panic selling and wait for fuck sake. Don't like the current price, wait. Not giving you a good profit, wait. Fucking hold and wait.
Did China put a full ban on crypto currencies or just mining? Last time I read that China put a ban on mining and was taking down those mining farms and arresting people involved in mining. Weren't they about to launch their own crypto currencies? As for India, they keep on banning and unbanning bitcoin. Like they aren't even sure what they want. The FUD stopped a week ago. People are no longer "concerned" about the energy consumption or market manipulation. Price tanked hard but has started to recover. Slow but progressive.