Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Do you guys think this sell-off is result of giving 6.45 Million people $30 USD in BTC each? I would say the dump was a panic selling of the El Salvadorian people + panic selling of whales expecting the El Salvadorians to drag down the price (because out of a population of 6.45 Million people, most would obviously either fear crypto, not understand it and/or not wish to leave it unspent?)
If I was poor, living in a third world country and the government gave me free money if I
downloaded some strange app on my phone, damn straight I'd sell it right off the bat and get my familiar american fiat dollars to pay a bill or two.
No worries, ateotd, in the BTC theater, its all just noise.
GO BITCOIN
