New Players , New FUD, Same Bitcoin :-)

in #bitcoin8 years ago

Source: https://cointelegraph.com/news/another-fud-string-to-jp-morgan-bow-governments-will-ban-bitcoin-mike-bell
0EC95E68-D901-4E83-8F0D-6DB791BC894B.jpeg

Pick your reason fro the price drop?

  1. Was it “normal” retracemnt for BTC — 2-3 times a year we see such a correction?

  2. Was it the same as the past 3 years — BTC lows were made mid January (2014, 2015, 2016)?

3.) Was it the FUD from South Korea playing “stop and start” banning?

4.) Was it the BIG money players in the Futures Market (yes — one of the contracts settlement dates was at the low the other day....hmmm)

Does it matter ? Has Bitcoin lost it’s value or use case at all? Has Litecoin become slower or more expensive?

We just take away that this is our new Bitcoin world. Big money, Big FUD and ever increasing value of BTC/LTC as fiat money will fade over time.

We are not in Kansas anymore.

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I want to see the next panel in the above comic, where you see the guy in the blue shirt saying "Bitcoin is DEAD!"
And then the next scene bitcoin walks into the edge of the frame saying, "I'm dead?"

Then the guy in the blue shirt falls down clutching his chest... or something better.

Some day there should be a panel of all the people that said it was dead —- and then ask “why should we believe any of you people anymore”. There is no more common sense reporting — there are only “sides” and “teams”....it’s really sad.

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