CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
It's the same situation happens with Jamie Dimon and the price will increase after that for sure. 
Topic: Bitcoin drop about 20% after Lloyd Blankfein comments. (Read 1550 times)
What did you expect from CEO of the USA Investment bank to say?! They all say that Bitcoin is a scam to protect their interests.
Also big whales spread rumors about Bitcoin to make small traders panic and sell low so they can buy from them. or just to make them
invest in other coins like BCH.
Bitcoin is strong enough and such rumors will not stop it.
Also big whales spread rumors about Bitcoin to make small traders panic and sell low so they can buy from them. or just to make them
invest in other coins like BCH.
Bitcoin is strong enough and such rumors will not stop it.
lol this so funny. who is this guy? is he powerful enough for bitcoins to drop whenever he makes a false statement? so many new names that was popping out lately, some of them are warren buffet, jp morgan, charlie lee, roger ver, etc i forgot some of them and now this is the newest and latest guy that keeps on balalantly accusing and discrediting bitcoin and some noobs think that this is the reason why price drops. what the hell is going on here?
No, people are just making an assumption that since he made a statement and then bitcoin went down that somehow the two events are connected, most of the time the reason bitcoin prices goes down has to do with whales pushing the price down because they want to cash out, it is very difficult to any small player in bitcoin to manipulate the price that much that fast. 
Don't pay attention to what these people say. They are always making FUD. They are actually buying them themselves, or they don't understand the block chain at all. Do not let them affect your judgment, do your own plan, buy it when you need to buy, do not hesitate! 2018 may be a year of the big bang technology explosion
Remember what JP Morgan said about bitcoins a few months ago which made bitcoin price fall and then he himself bought those bitcoins at cheap and make a lot of profits also. So we not worry about the comments from Lloyd Blankfein or any other big celebratory. If you want to react to that, then just do the opposite like instead of selling keep on buying and you will succeed in your approach.
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
Why are any of you still paying attention to whatever the fuck these scammers to say?
First JP Morgan CEO Jamie Demon comments FUD on Bitcoin a bunch of times and each time it goes higher after the dip. And then the Goldman Sachs' CEO Lloyd Blankfein comments on how Bitcoin is volatile and not a currency, not even a creative or funny comment, just the same regurgitated nonsense we've heard a million times.
If Bitcoin is volatile is because of panic selling idiots falling for the FUD each time. As we shed them out on the long term everyone holding will have strong hands and they will not sell every time the mainstream media tells you to do so.
However, the OP trying to relate that rubbish said by whomever he calls himself to the recent drop in price is not right. Corrections are normal and it was expected. Traders will take profit, which is all.
Hmmmm, There are a lot of people want to dump Bitcoin price, some of them do that to make everyone don't believe in Bitcoin anymore, almost Bank system in any country are doing this, and some other do that to have chance to buy Bitcoin at lower price like CEO of JPMorgan Chase 
). We shouldn't worry about it, just keep holding and trading as normal cause there are nobody can be able to stop or kill Bitcoin 
). We shouldn't worry about it, just keep holding and trading as normal cause there are nobody can be able to stop or kill Bitcoin 
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
it's down because a new player is panicked by the issue makes the old players very profitable because they are new players will surely panic and sell bitcoin at low prices and in accommodate by old players. so do not be fooled by such an issue.
Don't pay attention to what these people say. They are always making FUD. They are actually buying them themselves, or they don't understand the block chain at all. Do not let them affect your judgment, do your own plan, buy it when you need to buy, do not hesitate! 2018 may be a year of the big bang technology explosion
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
it's all just a coincidence that Lloyd Blankfein spelled out is an opinion that Lloyd Blankfein talks of nonsense. do not trust anyone else bitcoin go to the moon.
Im not surely if comments only of some people will affects the price of bitcoin. Maybe it's all about on how the demand and supply affects price level.
lol this so funny. who is this guy? is he powerful enough for bitcoins to drop whenever he makes a false statement? so many new names that was popping out lately, some of them are warren buffet, jp morgan, charlie lee, roger ver, etc i forgot some of them and now this is the newest and latest guy that keeps on balalantly accusing and discrediting bitcoin and some noobs think that this is the reason why price drops. what the hell is going on here?
It will react on every news for short time and after consolidation it will go up. That is nature of every currency. Few analyst saying, It is just start for the bitcoin, it may go 50% up from it's current price. So stay focused and keep tracking.
Another bankster that now wishes that he would have just kept his mouth shot. Funny how these guys keep ridiculing themselves. Thats some real amusement for our community. Perhaps he made those comments in the first place to spread fud so he could buy cheap.
There are only two possibilities he is so brainwashed that he thinks that the way the economy works is the only way it can work, or he knows what it is going on and he is trying to reduce the price to buy for cheap or is trying to destroy bitcoin in the only way they can, by spreading enough lies around bitcoin that normal people are not going to be able to separate fact from fiction.
Bitcoin's price drop is influenced by rumors from the CEO of US investment bank Lloyd Blankfein and you believe in his words, which makes people panic and sell it. However, I think we should believe in Bitcoin and have to vigorously hold on to it after every bad rumor, it has recovered and there are signs of growth, so excited about this.
Another guy funny banker trying to put down bitcoin. Are banks becoming scared that decentralized currencies with immutable blockchains are coming? The banks used to control and dictate on everything but time is running fast as it get older and corrupt.
May be the US investment bank will be doing the same like what already happened with jp morgan.
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
due to the massive use transactions with bitcoin, some whales still buy, because whales have upside prediction on bitcoin prices. My concern when bitcoin has a saturation of transactions in purchase item with btc . definitely bitcoin prices will also go down.
Another bankster that now wishes that he would have just kept his mouth shot. Funny how these guys keep ridiculing themselves. Thats some real amusement for our community. Perhaps he made those comments in the first place to spread fud so he could buy cheap.
Exactly my thoughts. I think its idiotic to expect wall street to be singing praises for bitcoin. People we are the competition. Off cause they will use every opportunity to bash Bitcoin.
They have multiple reasons to do so.
Jealousy, because they could only dream of the volatility that has almost been eradicated from the markets they operate on.
Striking fear and doubt in people so they can buy low.
Skepticism, because they can't believe their financial products are outperformed by cryptocurrencies.
CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
Why are any of you still paying attention to whatever the fuck these scammers to say?
First JP Morgan CEO Jamie Demon comments FUD on Bitcoin a bunch of times and each time it goes higher after the dip. And then the Goldman Sachs' CEO Lloyd Blankfein comments on how Bitcoin is volatile and not a currency, not even a creative or funny comment, just the same regurgitated nonsense we've heard a million times.
If Bitcoin is volatile is because of panic selling idiots falling for the FUD each time. As we shed them out on the long term everyone holding will have strong hands and they will not sell every time the mainstream media tells you to do so.
Exactly my thoughts. I think its idiotic to expect wall street to be singing praises for bitcoin. People we are the competition. Off cause they will use every opportunity to bash Bitcoin.
What people say in public, what they think and how they act don't have to align. In fact it's very clever to say one thing and do the opposite when people take your words for granted.
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