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 $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
is that the cause of bitcoin reduction today? not because of anything else? I am quite worried that I sell the bitcoin that I hold, I had panic sell due to the decrease of bitcoin and also altcoin 
Topic: Bitcoin drop about 20% after Lloyd Blankfein comments. - page 6. (Read 1497 times)
Ohh well I was fed up of searching reasons of such a downfall in the price of BTC thanks for sharing the information. BTC crashing down to almost 9000 and then recovering. I made a profit of 6% due to this price correction by short selling. I think the crypto market is becoming even more delicate each coming day. Just a strand of news can shake the whole market till its depth.
That's kind of the problem with Bitcoin, for regular people. You made a gain, but at the same others make loses. And others in position to do so could play the market by making statements and then having the media report that statement.
Ohh well I was fed up of searching reasons of such a downfall in the price of BTC thanks for sharing the information. BTC crashing down to almost 9000 and then recovering. I made a profit of 6% due to this price correction by short selling. I think the crypto market is becoming even more delicate each coming day. Just a strand of news can shake the whole market till its depth.
It might go back up tonight, since it's going to be mentioned on a popular tv show.
Bitcoin fell sharply after a recent Bitcoin Cash attack recently. And what happened after this ? It paved the way to 11 000$. These corrections are in fact a benediction as it removes all the weak hands.
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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.
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.
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.
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