Bitcoin Correction on ABC Australian TV News
The mainstream media covage of Bitcoin continues on the main evening news bulletin on the ABC (Australian Broadcasting Corporation), which is the Australian government owned national broadcaster.
Almost a month ago the finance presenter, Alan Kohler highlighted Bitcoin vs Gold, tonight it was the current correction where the market cap of BTC has lost over US$20 Billion, I wonder how long until he starts to talk about other cryptocurrency and the disruption they pose toward traditional business models.
Photo by @stephen-somers iPhone 6s
Thanks @bearone for the teamaustralia banner
And what a great correction it has been so far. I did buy a bit on the way down but stopped now waiting to see where the bottom is?
Still plenty of FUD going around so might have another leg down... but maybe not
Yeah, if it heads down to 3k it could make life interesting. Remembering that all the others are following!
Been an interesting 24hrs
I know it's a healthy correction to take some heat and irrational exuberance out of the market, but there is still the emotional component of seeing a cryptoportfolio with short term losses.
When I get sad though, I pull up the 6-month chart of performance and it gives it some perspective.
All the noobs are having a baptism of fire 🔥 Welcome to Crypto 🤑
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STOPgreat work! keep it up!
Been a bloodthirsty 24hrs in Crypto My portfolio is down over 25% in one day. Yikes.