well theres being some things with coinbase, people got informed before the actual official time of listing on coinbase, so it pumped a lot for nothing, there will be an investigation on that......
cryptos in general is still quiet young , the market cap is down to 500b today , from 633b 2 days ago....when it's more mature and higher market cap it will be stable....anyway I'm holding my btc..... let's not get distract by short term volatility.....
Wall Street has now gotten their hands on manipulating the price action of bitcoin. Bitcoin Cash just got listed on Coinbase at a cheaper marketing price. Simple as that imo
When it got listed i was happy that now more investors could invest and it will give rise to the price but now looks like you will manipulate it for their benefit.
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.
Its a cheaper relative to bitcoin and has been added to coinbase perhaps?
Yes coinbase gave rise to BCH.
I think it will rise again,And very soon it will cross 30k
That is good if it crosess but how could you say that?
well theres being some things with coinbase, people got informed before the actual official time of listing on coinbase, so it pumped a lot for nothing, there will be an investigation on that......
Yeah you are right, I just came to know about it but isn't it alarming suitation for all of us if bitcoin will be always volatile like this.
cryptos in general is still quiet young , the market cap is down to 500b today , from 633b 2 days ago....when it's more mature and higher market cap it will be stable....anyway I'm holding my btc..... let's not get distract by short term volatility.....
Wall Street has now gotten their hands on manipulating the price action of bitcoin. Bitcoin Cash just got listed on Coinbase at a cheaper marketing price. Simple as that imo
When it got listed i was happy that now more investors could invest and it will give rise to the price but now looks like you will manipulate it for their benefit.
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.