Bitcoin sentiment fell down from 70% to 35%!!!
Hi followers, hi steemians!
I clearly see today's bitcoin sentiment is extremely influenced by quote coming from Harvard Professor: “In the Long Run, the Price of Bitcoin Will Collapse”
I see this news as an opportunity and local low to buy BTC.
Today's not the most interesting posts rather than evidence how this message have influenced many posts:
https://steemit.com/bitcoin/@akintech9/harvard-professor-predicts-bitcoin-to-crash-to-usd200
https://steemit.com/bitcoin/@jakeofthefoliage/death-264-harvard-economist-says-bitcoin-will-crash-to-usd100
https://steemit.com/bitcoin/@pakforex/r9qfaibh
Disclaimer: Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
I think that harvard professor is mad he is so 'smart' he missed the opportunity.
Yeah, probably trying spread FUD to get a more favourable price of BTC!
I've heard about prof. Rogoff's comment on his Bitcoin prediction. Honestly, I didn't budge by his comment since many leaders and academics are spreading FUD about something they don't fully understand. How many times have we seen this? Take JP Morgan's CEO , James Dimon, as an example. BTC markets crashed after his naïve commentary calling Bitcoin a scam and now he apologized for his comment and accepted BTC for what it is. We must question news, especially from 'trusted' leaders & academics.
I respect professors and this type of people, but sometimes they're extremely conservative and it's hurting them. I guess they'll accept this alternative currency some day in future as late as everybody pays with bitcoin in every grocery... And James Dimon? I feel like I read almost every day in some financials news about him and his aversion to bitcoin, that's ridiculous...thanks for meaningful comment, appreciate it!
No worries. DM me whenever you have new articles and I'll leave a comment. If you check my page, I don't have any financial analysis yet but I wrote a bunch of guides for crypto noobs on how to get free cryptos. Let me know if you have any suggestions. Cheers!
All right, I'll check it and I'll leave a comment! :-)
The news from the Harvard professor will not make any impact, this type of FUD has less impact than in 2017.
Yes, at least no long-term impact...but today I think at least part of decline of BTC was caused by this news...