5/29 ANDY HOFFMAN (CryptoGoldCentral.com): Is the Latest Bitcoin FUD Over?

Yet again, Bitcoin managed to make another holiday weekend miserable. I’m still trying to figure what the “market” is so worried about – unless, of course, it erroneously believes manipulation will cause the price to indefinitely decline.

https://steemit.com/andyhoffman/@andyhoffman/5-24-andy-hoffman-cryptogoldcentral-com-mainstream-recognition-of-bitcoin-price-manipulation-what-does-it-mean

Everywhere one looks, the news is not just “Bitcoin-bullish,” but unprecedentedly so – from record hash rate…

https://twitter.com/Andy_Hoffman_CG/status/1000053926828298240

…to record low transactions fees…

https://twitter.com/Andy_Hoffman_CG/status/1001437000707096576

…a likely gross overestimation of the Mt Gox Trustee…

https://steemit.com/andyhoffman/@andyhoffman/5-24-andy-hoffman-cryptogoldcentral-com-it-s-possible-the-mt-gox-trustee-is-done-selling-and-if-not-that-little-liquidation

…and now, a potentially MAJOR European political crisis…

https://twitter.com/Andy_Hoffman_CG/status/1001421629107261440

…and armed conflict…

https://www.zerohedge.com/news/2018-05-29/israel-launches-air-strikes-gaza-after-barrage-mortar-shells-fired-israel

…that may well, in short order, remind the world exactly why Bitcoin came to be…

https://steemit.com/andyhoffman/@andyhoffman/5-26-andy-hoffman-cryptogoldcentral-com-don-t-ever-forget-why-bitcoin-came-to-be-and-why-it-must-win

…why the powers that be can’t win…

https://www.zerohedge.com/news/2018-05-29/trader-warns-only-draghi-can-save-us-now-will-he

…and consequently, what makes Bitcoin so valuable…

https://steemit.com/andyhoffman/@andyhoffman/5-27-andy-hoffman-cryptogoldcentral-com-the-only-crypto-use-case-that-matters

Meanwhile the “competitors” whose minions have spent the past year attacking Bitcoin on false pretenses…and in BCash’s case, market manipulation…

https://twitter.com/Andy_Hoffman_CG/status/1001102051936366592

…are in MAJOR trouble, as their hash rates are plunging…

https://twitter.com/Andy_Hoffman_CG/status/1001095107746062336

https://twitter.com/notgrubles/status/1000200442687696896

…and with it, their network security…

https://steemit.com/andyhoffman/@andyhoffman/5-24-andy-hoffman-cryptogoldcentral-com-bgold-verge-hacks-highlight-altcoin-risks-in-a-weak-trading-environment

…highlighting why Bitcoin is UNIQUE, and IRREPLACEABLE…

https://steemit.com/andyhoffman/@andyhoffman/5-27-andy-hoffman-cryptogoldcentral-com-the-only-crypto-use-case-that-matters

…why the vast majority of altcoins are useless…

https://twitter.com/Andy_Hoffman_CG/status/1001086657527889922

…and thus, why it’s so silly that Bitcoin has been “thrown out with the bathwater”…

https://steemit.com/andyhoffman/@andyhoffman/5-28-andy-hoffman-cryptogoldcentral-com-stealth-altcoin-crash-dragging-bitcoin-down-as-use-case-never-stronger

…when what SHOULD – and MIGHT – occur, is not just surging Bitcoin dominance, but a rising Bitcoin price…

https://twitter.com/Andy_Hoffman_CG/status/1001183692977463303

To that end, how eerie is it, that just as all recent weekend rallies have seen their “gap” filled when Bitcoin futures opened, this weekend’s $500 decline was “filled,” too?

https://twitter.com/Andy_Hoffman_CG/status/1001465939504775169

Was it in fact the end of the latest FUD episode – in this case, on an ultra-thinly-traded; and thus, highly manipulatable; summer holiday weekend?

https://twitter.com/Andy_Hoffman_CG/status/1000941343479218178

If so, even TA FUDsters would have to take note of the higher lows Bitcoin generated…

https://steemit.com/andyhoffman/@andyhoffman/5-20-andy-hoffman-cryptogoldcentral-com-much-higher-mt-gox-trustee-lows-if-so-very-bitcoin-bullish

…above the trendline going back to last Fall’s breakout…

https://twitter.com/Bcash26972296/status/1000157581091000321

Only time will tell, but given Bitcoin’s massively bullish fundamental outlook…

https://twitter.com/Andy_Hoffman_CG/status/1001295431203090432

…and historically low valuation, I’ll “take the over.”

https://twitter.com/TIPMayerMultple