RE: BREAKING: Massive Bitcoin Dump Across Exchanges

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BREAKING: Massive Bitcoin Dump Across Exchanges

in bitcoin •  7 years ago 

Massive? I mean Bitcoin is due for a correction.

bitcoin
7 years ago by

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      ·  7 years ago 

    It did look like it was going to be a "Massive" sell off at the time of writing this. Only because it happened so rapidly and was across the 4 exchanges I was watching.

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        ·  7 years ago (edited)

      When you consider the tech behind Bitcoin, it isn't that great compared to other crypto's. I'm assuming bitcoin's high price stems from it being the oldest and most well known crypto, with a heap of "get rich quick" stories behind it.

      Also it is used as a trading pair on pretty much every exchange and a lot of the time people need BTC in order to trade anything else.

      But feel free to correct me if I'm missing something here.

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