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RE: CEO of Bitmex doubles down on bearish comments

in #bitcoin6 years ago

Hmm people will pay attention to this news, I know from trading that sometimes bad news and comments affects prices adversely, hopefully this isn't the case here.

But at the end of the day the reason the price of bitcoin will go up is that if people believe it will, if people don't believe then they sell their coins and the price goes down. Psychology is a huge part of the game.

Buuuuuuuuut as long as it doesn't affect my Etheruem i'm happy 😁.

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Yea this might be this guy trying to speak it into existence. He needs volatility for his platform to make money. Perhaps he might even make more if prices crash.

I'm sure he's hit a few nerves.

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