RE: Bitcoin Ends First Quarter On A Disappointing Low

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Bitcoin Ends First Quarter On A Disappointing Low

in bitcoin •  7 years ago 

This is FUD. Of course there are a lot of people saying negative things. It's easy to do in this environment. There is a much larger pool of good news recently that has been overlooked due to the price of Bitcoin. (Which some have said is due to price manipulation by whales). Most Governments have taken a neutral to slightly positive stance on the Crypto space as a whole. The global banking institutions and regulators are finally figuring out that the current financial laws regulations can easily be applied to the crypto space and then tailored as needed the further we go. MAJOR companies have stared spending real money on the "BlockChain" tech. Goldman Sacs bought Poloniex. Major retailers like Walmart, Best Buy, Amazon and many more are filing various blockchain related patents. The number of hedge funds participating in Crypto has gone from 3 to over 120 in less than a year. Big money is coming and its going to hit hard when it does.

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