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RE: Why Bitcoin is Crashing
It’s a great moment to observe & learn from. Cryptos have a great future but the institutions that have been in control will use their same old tricks in a new dress to manipulate as much as possible. Bitcoin is still having a nice ride overall! Unless you’re trying to be a short term trader the pullback is no big deal. One possibility is the fed/wall street knows it won’t be able to control bitcoin so they are using futures (etfs to come) to try to push the price lower so they can try to stock up before any crisis or mass adoption. Most interesting times
Yup, that's right.
Interesting would be to see how governments will adopt bitcoin and what regulations they will make for Crypto Currencies.
Will it sustain this hype or bubble will burst? this is exciting question for me.
I think there is absolutely no doubt central banks will institute cryptos to try to track & control everything. But will they be able to control it, or does the maths give power back to the people? Probably only people who care about maths, like always 😂
Hahaha exactly.
Good thing is this time this technology is decentralized so they cannot block or shut down it easily the way they have bee doing in the past.