This is exactly what I suspect, but you never can tell what the motivation is for these fudders. It does seem to be all coming from the same person though. Too bad I already blew my wad for now, and I can't buy in at the low 220's. It doesn't matter though, it looks like we got some bounce going on. I think the storm is quieting down and soon the Gavin solution will be accepted as the best possible short term solution.
Truth is that since 16 months i've been listening to news to justify price drop.
Only true fact is that bitcoin crashed since 16 months.
My university professor told me in 2014 after bubble "more people will start to use bitcoin as payment and mass adoption,more price will drop. "
Dell accept bitcoin= Price drop
Microsoft accept bitcoin = Price drop
Ebay uk accept bitcoin = Price drop
Ebay and paypal accept bitcoin = Price drop.
That's normal. More adoption means less value.
Since now it he was right.
Hope entire world will forgot about bitcoin so price could rise again.
It's too famous now bitcoin to think that his value could rise.
When happened the bubble? When 5% of people knew about bitcoin.
Think about that.
Let's see what will happen next days.
I'm so sorry when price was 600 usd and the ENTIRE crypto analyst was sayng "buy now at 600 usd. It's cheap!!! Buy now or cry later....."
So sorry...