Post
Topic
Board Speculation
Re: Analysis of the causes of bitcoin's fall that is minimized
by
bitterguy28
on 05/07/2021, 08:33:13 UTC
Everything goes up and down. There is not a single asset that grows 0.1% per day and never go back. There is only one reason why BTC dumped - its becuase it pumped hard before. You dont want BTC to dump? You need to stop it from pumping - taking it out from all exchanges and blocking P2P trading - impossible.

"bitcoin plummets"

now - BTC @35k
01.2021 - BTC @20k
01.2020 - BTC @10k
01.2019 - BTC @4k

"fall of bitcoin"

Sarcastic post but reasonable to accept  Grin

People keep calling this is a bear market but they don't even review what is the value last year and what is it now.

It's the same mechanisms that controll all financial markets. Unfortunately I don't think there is much we can do about it.
if we will act together ? of course we can do big for this .. Not participating in any dumping while manipulation is at place will surely make them fail in their targets.