You are viewing a single comment's thread from:

RE: PayPal Purchased 70% Of All Mined Bitcoin Last Month: Examining The Possible Market Implications

in Project HOPE4 years ago

Hi, that what you say is a great call to reflection:

The point is, whether one likes PayPal or not, its involvement will shape the direction of the crypto market in the coming days.

Generally, aggressive purchases in large markets drive collective buying trends that at a certain point generate a distortion in prices in the crypto-market, and the usual thing is that minority holders of BTC are affected by not being able to follow the course of the trend. checked (either high or low)

Let's wait and see what happens with this action that Paypal did in the next few days, will it be a mass effect?

Great post friend. Thanks a lot for letting us know

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.028
BTC 55450.66
ETH 2943.26
USDT 1.00
SBD 2.07