Bitcoin Bulletin: 22nd Feb WTF Is Up With Bitcoin Price Today?

in cryptocurrency •  7 years ago  (edited)

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7 years ago by

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      ·  7 years ago 

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      ·  7 years ago 

    I was hoping the last time BTC broke 10K that it wouldn’t go below it again. I guess I was wrong.

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      ·  7 years ago 

    oh poo

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      1 vote
      [-]
        ·  7 years ago 

      I have a couple of thoughts in why Bitcoin is down today:

      1. Trader Profit Taking
      2. Weak hands breaking even and selling
      3. Selling for fiat to pay taxes
      4. Sell the news on major exchanges adopting SegWit
      5. Technical Indicators
        I posted some more detail on my blog and would to get your thoughts. Thanks!

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        2 votes
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          ·  7 years ago 

        @marketingmonk do you upvote? because I resteem :D

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          1 vote
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            ·  7 years ago 

          Great vid! @marketingmonk how long does it take you from the vid to create the podcast?

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            1 vote
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              ·  7 years ago 

            Looks like we are in a bear market now. Bottom could be around 4000 I dunno. I think bitcoin is losing its glamour and the libertarian ideology "banks bad, freedom good" etc isn't as interesting when the market tanks. What's the point of bitcoin if it's going down in price? Or are we in it for the technology? :P

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                ·  7 years ago 

              Its just a correction don:t panic eVerything will be allright.

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                  ·  7 years ago 

                What do you think is the chance that bitcoin will reach $ 20,000 again ? Good video man ;)

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                    ·  7 years ago 

                  Today your post best

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                      ·  7 years ago 

                    Thanks for the video. Always very inspiring!!!

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