I See Bitcoin Has Shit Itself a Wee Bit Over the Past Days...

in blog •  6 years ago 

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Anyone have any info or speculation towards why the fuck ole Bitcoin dropped like a turd in a toilet over the past few days. Was enjoying the company of a lady friend and not paying much attention to the news only to check the BTC/CAD rate to see the past few days damage... Shieet!

Plan is to get some work done hopefully here come the start of the upcoming week, really hoping the crypto market isn't completely prolapsed in the future though!

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Roger Ver and Billionaire friends have been playing funny games with BCH. Although I am not sure that is the entire reason.... It has been the most common reason assigned to this BTC shitting.

Thanks for sharing the news lovely! It's so damn hard to figure out what's effecting the market half the damn time in crypto.... <_<

<3

  ·  6 years ago (edited)

Meh my speculation is banksters fucking with ppls minds especial those that bought this time last year during the highs. Ppsitioning themselves for their huge buy in to make the tokens moon 🚀 #chickenmarket who knows!! #accumulationmode

Appreciate your take on the matter! It's entirely possible it's weak handed bankers trying to incite a sell off... Bastards arrrrre expert market manipulation rats imho.

Hey @klye, you're right it is a bit of a shit storm. It started on 14 Nov. right before the BCH fork. That introduced a lot of uncertainty into the market. It also didn't help that that Friday the SEC in USA announced some new regulations for cryptos and crackdowns on ICOs.

Now of course we just seem to be in the negative feedback loop of BTC is going down because it is going down, no reason to own it if not going up. I still believe in the project, but this has been a depressing year for the price! Good Luck!