🕴️ Big Price Drop Here Is What Is Happening

in #bitcoin7 years ago

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FED - FUD

Yup as you would guess it they are at it again as Federal Reserve Kashkari tears apart cryptocurrency. However within it is an important message and one we need to all be aware of if we ever want crypto to truly shine.

One thing that is clearly happening in crypto world is scams, ICOs and flat out garbage sites and lies to try and get people to send them as much crypto as possible and scam them out of their money. It happens daily and many people lose their money. What you need to realize is without regulations you are not protect, you need to be smart with your money, do your own research and then only invest what you can afford to lose. For some reason a majority of people lose sight of this and then complain when they lose it all.

This is the message that should come from Kashkari because it is very real and it is happening.

However what is also happening is more use cases, advances in blockchain in both speeds and security. Heck even homes are now being bought with bitcoin and fueling a the world right now as more and more money spreads out to the masses.

Its easy to collect bitcoin and the more spread out it is the better so I invite you to visit my site BitcoinFlood and start collecting or building your crypto portfolio.

Overall though the future of bitcoin and cryptocurrency is very real. It is here to stay and it is here to advance. It is because people are sick and tired of how things are now where the top 1% get everything and 99% of the population has little to nothing. This is our ability to now fight back and respread the wealth to the masses.

Big investors are getting ready to enter the market and while no one can predict what will happen what this does do is opens cryptocurrency to massive amounts of wealth it has not seen before. It will start to compete with the dollar and bullion (gold and silver) which will take us to new levels we have yet to have seen.


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my buy orders are arround 2-3k :)

This is exactly why I don't let these price fluctuations bother me, we are very early to the game still. Years from now we will be laughing at how cheap everything WAS.

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what a pity

He did state a lot of things that i agree with. Most cryptos are scams and offer little utility. FOMO/manipulation has led to artifically inflated crypto projects (free float for cryptos seems to be generally small, specially for bitcoin) and once the dust settles, a lot of crap projects will die and only a handful of genuine projects will remain. Overall, his comments, though seem very critical do state something that a lot of crypto community enthusiasts will also agree with.

Let them die.In the mean time,ill make some money from crap. :)

Good luck! Hope it turns out good for you.

totally the wrong midset lol you keep making money from crap you will make money but you will eventually be left with... crap

Im allready in big positive balance,i cant lose more than i gain.

I am the only one calling for this here...look out below fellas for the best buy you will get in the next few years probably

https://steemit.com/crypto/@heyimsnuffles/breaking-here-we-go-boys-and-girls-one-of-the-only-people-calling-for-this-20180523t160514892z-post

I welcome these cheap prices!

"Dù ai nói ngả nói nghiêng lòng tôi vẫn vững như kiềng 3 chân"
Vẫn chờ đợi BTC cán mốc 30.000$

Oh my god bitcoin prize is down.This very bad for us.
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Good information

I have 1.8 bitcoin that is bad for me.

Good post. the rate of scamming has doubled . if there are no regulation.....another level of crime will emerge from this . so i support of regulation. upvoted and resteemed.

Overall though the future of bitcoin and cryptocurrency is very real. It is here to stay and it is here to advance.

This I totally agree with you on, this I believe in and that’s why I’m here in the crypto world. Crypto currency is the future no doubt about that . The is the era of decentralized money markets the blockcain and I can proudly say it is the highest peak of technology so far believe me . Thanks for the heads up
This post will save a whole lot from loosing their money in the future

Me too, I totally agree! era of decentralisation :)

Yeah you’re so right my friend. The future is here