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Topic: Bitcoin drop about 20% after Lloyd Blankfein comments. - page 4. (Read 1496 times)

full member
Activity: 658
Merit: 108
I wouldn't say it was calculated, though price effect of such a statement is clear. Wise investors and traders buy when "there is a blood in the streets". Great for those who expected the price to revamp.
full member
Activity: 199
Merit: 100
At one point they should understand that we dont give a f***. Those guys are hilarious. My take, Blankfein is bluffing, he's totally getting a strategy together and tries not to smirk as he denies it.
full member
Activity: 980
Merit: 114
I read this news on the Guardian newspaper yesterday and I wander why just comments from bitcoin's enemies should influence our trading decisions like this. I have also been following comments on reddit about this statements made by Lloyd and it seemed we have not understand how this people create fud in other to buy bitcoin cheap.
jr. member
Activity: 65
Merit: 2
I hate to see people lose money, but when someone does something like this and the price drop, it's opportunity to buy. Though I wish the price wasn't so high. (Of course those who bought before me would disagree.)
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
When you read comments like this, just sit back and think about this. Where are their money invested and what would they promote. Bitcoin is taking away Billions of dollars that could have pumped their investments and this influence the price of their investments. They will trash talk everything that has the power to diminish the value of their current investments.

These guys are scared and they are losing money with every dollar invested into Bitcoin. The $11 000 Bitcoin price high must have shaken their arrogance and believe that they would always be on top. Make some space boys, Bitcoin is here to spoil your exclusive party. ^smile^
full member
Activity: 448
Merit: 122
Why are bitcoin users still paying attention to all this selfish capitalists, they are out there to deceive you with they selfish ideology's and to keep you in perpetual slavery. All this forks has bad feelings for bitcoin because they are gradually loosing the grand to bitcoin, you read comments from,
First JP Morgan CEO Jamie Demon, Goldman Sachs' CEO Lloyd Blankfein. All they comments are just means to distract the mines of bitcoin investors and holder into fear but they always fail in they attempt to bring bitcoin down.
sr. member
Activity: 420
Merit: 252
Bitcoin is starting to bothering some huge corporations and influential people.
We can expect a significant increase in such FUD attempts.

Bitcoin's market has always been subject to mass loads of fud, so there won't be much new to see here. People need to distance themselves from everything that's being said, and for once do some actual research on what Bitcoin is and how this market gets steered back and forth. I get it that traders like it and can't get enough of the wide range movements, but it's pathetic that the market gets sold down because of utter nonsense. It's something this market doesn't seem to be able to get rid of, and for that reason will likely remain like this for many more years. It's something we have to deal with and accept. Good thing is that holders won't be bothered by all these market swings.
When people start to think for themselves, many aspects far beyond bitcoin has te potential to change.
We are already in XXI century, with countless ways to find proper information about any theme, and masses still can be easily manipulated.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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.
A valuable sentence influences a large community and changes values drastically, the most influential statement in November LOL  Grin Grin Grin

Oh he definitely just want to buy in dips like what JP Morgan did and take profit afterwards. Never mind him, it's another trolling in the community. Grin
full member
Activity: 392
Merit: 106
I always suspecting if these people who creating FUD was trying to make bitcoin bearish, so that they can buy in low price  Angry

I think they’re not suspect when it’s obvious. They do this for that reason alone and that is always been the case. Comments from those selfish person doesn’t worth any attention at all. As I’ve always do nothing about it more than ignoring. It’s been a reality check and we must be interested in how they came up from this idea without any doubts on they’re capacity to trusted.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
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
good interpretation mate,thats the effect of being no deep knowledge here in
crypto reacting in every words that might throw against bitcoin or the whole crypto.
haven't we really learned on those past issues?why not just be observant in a right
manner that we will all benefits not on those personality that only concerns
themselves ..
hero member
Activity: 924
Merit: 511
Again a bitcoin FUD spread, make many people sell their bitcoin, in my opinion, its due to lack of the understanding the technology of bitcoin and lack of faith in bitcoin. That is what makes bitcoin volatile I believe soon in the future when bitcoin already being well-understood financial assets, the volatility will decrease, and the bitcoin price will stabilize.
People are still in failure to understand the technology reality of bitcoin correctly. Bitcoin market relies on the support of whole community.
These negative rumours wouldn't have influenced bitcoin badly but our lack of understanding makes us see the difficulty in every opportunity.
We should ignore  and continue to fight against such FUD news for better future of bitcoin
full member
Activity: 140
Merit: 100
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 panicked selling your holding? That means that you are not affected by the recovery of the price again right? I don't think that Lloyd Blankfein's statement has something to do with the dump on prices. Dimon's statement was even scratched off the record who is more reliable than the two? Bitcoin's price is falling because of people like you who sell their coins whenever a correction is happening. If you people just trusted bitcoin more we should be stable at $11,000 level by now.
hero member
Activity: 2282
Merit: 505
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.
A valuable sentence influences a large community and changes values drastically, the most influential statement in November LOL  Grin Grin Grin
Another FUD has come from CEO of USA investment bank. A lot of people are getting scared. How these people are tyring to send all of their altcoins to the market and then dump it for the big loses.
How a lot of newbies are losing a lot of their money caused by scared the bitcoin price goes down a lot.
hero member
Activity: 1862
Merit: 830
Well there are a lot of people saying things like this this is just an example but I do think that this comme comment had nothing to do with the falling value of bitcoins...

People don't even have time to go ahead and read..the.. genral affairs and stuff thus not everyone will sell their bitcoins after hearing something like this.

What I think is the reason for the loss in the value of bitcoins is the .. sudden increase in price which made people panic sell..!

This is the biggest factor when it comes to .. the loss in the price of bitcoins but I think now that I have been in this community for a while...that its something that balances them... Due to panic selling... People get opportunities to buy.. to buy a lot actually! Then the price recovers..thus you are the one who has to decide that in which.. Category you will fall... The one who sells or the one who buys...

Other than this..I don't think..their statements matters that much..they are evidently jealous.
newbie
Activity: 29
Merit: 10
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.
A valuable sentence influences a large community and changes values drastically, the most influential statement in November LOL  Grin Grin Grin
member
Activity: 308
Merit: 10
That,s part of the game you know..always expect the negative news and be strong..now move on and be patient..lets start the ball rolling Kiss Smiley
full member
Activity: 1232
Merit: 186
I was also a little bit shocked when bitcoin's price dropped these past few days because I expected that it will only continue to grow 'til the $10k mark before the end of this month and nothing will hinders since there are no upcoming forks anymore. Even though this happened, I never panic sell (you should also) because bitcoin never fails to amaze us and already proved its power many times before.

This kind of statements are not new to us, remember the bad accusations of the CEO of JP Morgan? He also tried to pull down bitcoin. Yes he succeed but only for a short period of time, Btc still find a way to rise. Just trust that Bitcoin can stand against all odds.
sr. member
Activity: 868
Merit: 259
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.

Are you saying he caused the price to go down? Because I dont think he did. He's a nobody in the blockchain space, so why should everyone listen to him?

The whole market is just going through a correction from my perspective.
full member
Activity: 216
Merit: 100
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.

or maybe this one is also another dirty tactics for them to buy more bitcoin.
coz the high is really high at the moment.....
isnt it?
legendary
Activity: 3080
Merit: 1353
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.

LOL. I don't think that any announcement from bankers have a significant effect of bitcoin now. The only bankers that has put a dent on bitcoin ecosystem was Dimon, but it wouldn't happened again because he has already exposed. We can only speculate that people are just cashing it out that's why the price took a minor dip but has recovered again. Those bankers have no effect on bitcoin now, on the other hand financial investments are really interested on bitcoin future that's why CME and Nasdaq are offering it. No amount of FUD can bring the market now, and if you think that statement has put bitcoin to move 20%, it has recovered and back to $9700 and soon touch $10000 again. You should already learned by now not to take them seriously and don't panic from such statement from them.
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