Some most even possibly panic sold as the price continued to drop and right now don't want anything to do with crypto trading
Topic: The real reason BTC price has dropped - page 4. (Read 711 times)
This is a humorous piece, In other words, the Bitcoin supplier sold off his assets when the price was at the all-time high, while the Bitcoin suckers, due to FOMO rushed in to buy citing that it had slightly dropped in price forgetting that the price drop was just only starting.
Some most even possibly panic sold as the price continued to drop and right now don't want anything to do with crypto trading
Some most even possibly panic sold as the price continued to drop and right now don't want anything to do with crypto trading
I think that there are many reasons but the main one is that governments don't accept it and people are afraid of facing risks as well. However, I think that it is more than one factor
Bitcoin supplier: "I'll trade you a bunch of 0s and 1s for $15,000"
Bitcoin sucker: "Ok, sounds like a great deal to me"
Next Bitcoin sucker: "I want to buy some 0s and 1s also but only for $13,000"
Bitcoin supplier: "Sure thing, how many do you want?"
Next Bitcoin sucker: "How about selling me 3 for $10,000 a piece?"
Bitcoin supplier: "Yep, pay in cash, please."
Bitcoin supplier: "I'm running a real deal special. I'm selling 0s and 1s for $7500 each"
Bitcoin suckers: "I'll take some", "Me too", "save some for me", "I'll buy 1/2 your stash for $5000"
Bitcoin supplier: "Sunday's Special 0s and 1s on Sale for $3200"
Bitcoin suckers all together: "We have already bought a lot at higher prices. We are only losing each time you sell cheaper. What should we do?"
Bitcoin supplier: "Hodl and buy more"
Bitcoin sucker: "Ok, sounds like a great deal to me"
Next Bitcoin sucker: "I want to buy some 0s and 1s also but only for $13,000"
Bitcoin supplier: "Sure thing, how many do you want?"
Next Bitcoin sucker: "How about selling me 3 for $10,000 a piece?"
Bitcoin supplier: "Yep, pay in cash, please."
Bitcoin supplier: "I'm running a real deal special. I'm selling 0s and 1s for $7500 each"
Bitcoin suckers: "I'll take some", "Me too", "save some for me", "I'll buy 1/2 your stash for $5000"
Bitcoin supplier: "Sunday's Special 0s and 1s on Sale for $3200"
Bitcoin suckers all together: "We have already bought a lot at higher prices. We are only losing each time you sell cheaper. What should we do?"
Bitcoin supplier: "Hodl and buy more"
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