[siz e=16pt]If you are panicing about a little drop, then look to whole history of Bitcoin. These manipulative shout outs against Bitcoin wont seriously stop its way up.[/size]
Oh yeah! I was looking at the chart and some of the occurrences, and the truth is that things are changing and the market is not really what it used to be like before. We might say there are still some levels of uncertainties but it cannot be compared to what we have had in the past. However, after every bull run like this, it is just very normal to see bitcoin having some form of correction which I felt the OP need to understand. 
Topic: Bitcoin drop about 20% after Lloyd Blankfein comments. - page 2. (Read 1497 times)
Dumps are natural, but pumping the price from @$7000 to @$11000 is not. I said it 3 days ago when people were talking about wall street investing
On Bitcoin futures, they are manipulating the price to shake your weak hands. they are the fraudsters.
It is no different than what the whales were already doing by manipulating the price of bitcoin, the biggest difference is how common and how big this going going to become since we are talking about whales among whales, they are going to use every trick to manipulate the price of bitcoin to get as much as they can at the best prices, which is why the strategy of just holding your bitcoin is going to be even more effective than before. On Bitcoin futures, they are manipulating the price to shake your weak hands. they are the fraudsters.
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.
Some Nobel prize winner did say something along these lines and did not see much of the market been moved and Lloyds recent remarks were just a coincidence that bitcoin temporary lost this 20% which I believe shows that it is not a mere speculative currency.But it has rebounded beautifully to $12K today, so that effect is short term only, if indeed those words from the critics has impact on the price. I wouldn't listen anymore to those who are attacking bitcoin, the words coming out of their mouth is non-sense and complete garbage.
I hope the OP have understood what we all been saying here. And please don't bother to listen to those butt-hurt bashers.
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.
Some Nobel prize winner did say something along these lines and did not see much of the market been moved and Lloyds recent remarks were just a coincidence that bitcoin temporary lost this 20% which I believe shows that it is not a mere speculative currency. 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 $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
You shouldn't listen to any bank CEO when it's about bitcoin, I haven't heard a single one say something positive about it since the beginning (however, the blockchain algorithm is another story. It could mean that even financial people from nowaday think it may be reliable).
Plus, don't mistake correlation and causality. The drop may have happen because of another reason.
Bitcoin fell sharply after a recent Bitcoin Cash attack recently. And what happened after this ? It paved the way to 11 000$. These corrections are in fact a benediction as it removes all the weak hands.
Even the weak hands are getting stronger by the day as they understand that everything that most of this wall street asshole of finance guys are saying are nothing but nonsense. The market so far is so matured than it used to be and FUDs like this really no longer makes any impact.The OP being a full member should know better by now that corrections are normal and while it might be coincident with what the Frankenstein said, it is no way what caused the value to drop.
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.
The FUD created is vanished in a few hours when news came out that the derivative market will start running by December and the price started climbing after that,these might be calculated move by big whales just to manipulate the price and make a huge profit in between and with the speculative market coming up we could see these sort of things in the future. I expect to see massive fluctuation in the price next year. 
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.
Different comments both positive and negative in context to bitcoin are made on regular basis. If bitcoin was to fall due to such naive comments it would've never come so far.
Such remark does not manipulate Bitcoin’s value. The simple reasons of selling, buying and dumping determine its value. But all such comments in the past and at present have proved one thing that “War is on” and everyone has pulled up their socks to conquer one another. At the time negative comments wants to defame Bitcoin, on the other hand Bitcoin is approaching everyone to expand its market growth.
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.
I didn't even get to read his comment to be able to know that was what might have led to the fall of bitcoin price. I am surprised to have seen someone like you who is not a newbie reacted to news and by that wanted an easy way out by selling off your bitcoin. News like this should not be surprising as several have happened in the past and bitcoin back stronger this is even not an exception.
I hope you didn't empty the vault as a result this because to get back in would mean you have to go source for additional funds in other to measure up with the price.
I single person cant affect bitcoin, its more about whales trying to get fuel from those stupid comments and make the dump and pump game became easy, since early supporters and investors might try to cut the loss, the only moment wich had affected bitcoin where China banning bitcoin mining.... and ICO, those fud had damaged bitcoin, wich were able to moove forward. Countries will try to put bitcoin down as in the past, 90% of them doest know what are talking about really soo ignore those people and make your investment.
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.
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 $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
Really? I feel the high time people stopped paying attention to these punks, the better it is going to be for the community. However, whatever trash he said was not what caused bitcoin's price to drop, kindly get your facts straight. Bitcoin was due for correction and that was exactly what happened.You cannot expect a huge bull run like that to keep going without some corrections and that is really what makes the market healthy.
Quote
Bitcoin drop about 20% after Lloyd Blankfein comments
Who told you that the fact this guy said this and that about Bitcoin is the reason for the price dropping? It's a garbage. Next month we may see people saying the price increased by 3$ because of Santa Claus or because it's snowing outside.
People need to be used to see such Up and down because in a near future it will be more frequent. No matter who says what or not
And don't forget that after Jamie Dimon said "anyone trading Bitcoin in my company will be fired" we found people in JP Morgan buying the Bitcoin dip:
http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe
These people creating FUD then buying the dip. They want to control as much bitcoin as possible. If they are not going to ban it, then they are going to take it away from people's hands with these techniques. Only the strong hands will have BTC.
http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe
These people creating FUD then buying the dip. They want to control as much bitcoin as possible. If they are not going to ban it, then they are going to take it away from people's hands with these techniques. Only the strong hands will have BTC.
Precisely. I think that incident is still fresh in a lot of people's minds, and buyers will now take that sort of superlative rhetoric as tapping down markets to make it suitable for cheap entry at dips. And it seems to have worked too... moving from ATH to near-$9,000 levels provided the perfect dip. Today it is back above $11,000 - that's an easy 20% profit, just to trade on the rumour they themselves sold.
Strong hands are getting fewer I guess, especially with some publicly cashing out to enjoy their newfound wealth. Good news to me anyway, cause I really need my 1 Bitcoin before the price goes to $15k!
When there are FUDs, its always an opportunity to buy in the dip. I've learnt this long ago. But I fear the day when the FUDs will be real.
For the time being, I'm cautious about putting my money into bitcoin.
A lot of people are using the bitcoin right now, there is no thing that you must feel worry about that. Day to the day the bitcoin become more and more stronger. This give a real reason to buy the bitcoin as much as you can while the FUD will come to the crypto. For the time being, I'm cautious about putting my money into bitcoin.
Quote
Bitcoin drop about 20% after Lloyd Blankfein comments
Who told you that the fact this guy said this and that about Bitcoin is the reason for the price dropping? It's a garbage. Next month we may see people saying the price increased by 3$ because of Santa Claus or because it's snowing outside.
People need to be used to see such Up and down because in a near future it will be more frequent. No matter who says what or not
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.
Bitcoin always respect what people said. If he speak about bitcoin is fraud then bitcoin will just go down for some moment.
But after that, bitcoin will go break the statement to go higher again.
Though these men has been attacking bitcoin since bitcoin get to the media, the coin keep proving to them that they cannot limit it progess and development as a future of money. Lloyd comments was a caculated saying to bring bitcoin price down in other to create a heavy clash. However, bitcoin has been making serious progress since the corrections that comments created and bitcoin is back above $11,000. My advise is that we should be used to the way this bankers and the world financial experts attack bitcoin and forget about them and do our normal crypto currencies trading without panic.
And don't forget that after Jamie Dimon said "anyone trading Bitcoin in my company will be fired" we found people in JP Morgan buying the Bitcoin dip:
http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe
These people creating FUD then buying the dip. They want to control as much bitcoin as possible. If they are not going to ban it, then they are going to take it away from people's hands with these techniques. Only the strong hands will have BTC.
http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe
These people creating FUD then buying the dip. They want to control as much bitcoin as possible. If they are not going to ban it, then they are going to take it away from people's hands with these techniques. Only the strong hands will have BTC.
Jump to: