Some realy fu**ing good News. (...don't sell!)

[freshfred]

...can't belive what they say. So Cryptos from now on are an official thingy...?

[AK47-]

Cryptos are an official value by definition of CFTC

https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam7

Read it !!!      Even if you are not reading articles like this. Your jaw will drop like a rock !

(I know this is not very new, 4. June 2018, but got missed by so many)

I like the way US is putting research in crypto sphere and are actually calculating a transparent, decentralized and boderless monetary system. I liked how they stressed upon cryptos giving means to people living in remote areas with little or no monetary/financial scope or support. Cryptocurrencies are not only a technical revolution but is also an economic revolution. They are banks to unbanked. They are freedom!

[lordmick]

Cryptos are an official value by definition of CFTC

https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam7

Read it !!!      Even if you are not reading articles like this. Your jaw will drop like a rock !

(I know this is not very new, 4. June 2018, but got missed by so many)

And in my crypto currency here are presented almost from the point of view about which you thought. Re-read it again:
"However, economic elites know all this.  They will not be idle.  This is what I mean by a powerful danger.  If the kleptocracy controls technology and the means of distribution, then they simply accumulate more wealth at the expense of their citizens, draining wealth in cryptocurrencies rather than dollars or euros.  Virtual assets may be a stranglehold.  In other words, technology can be a weapon against the work of the United Nations and others trying to alleviate poverty or violence.  Virtual assets become a means of deeper control of wealth and a means of exploitation."
I think that's why this news was ignored by the crypto-currency community.

[bitcad4u]

Cryptos are an official value by definition of CFTC

https://www.cftc.gov/PressRoom/SpeechesTestimony/opabehnam7

Read it !!!      Even if you are not reading articles like this. Your jaw will drop like a rock !

(I know this is not very new, 4. June 2018, but got missed by so many)

Actually it is good news,so just hold your bitcoin.When the price increase,some of the whale use to manipulate the bitcoin price.They will sell the huge holding bitcoin and automatically the price of bitcoin is reduced.So they will get bitcoin from at low price from beginning traders.

[rickadone]

There are good news almost daily. But there is some rich circle that wants to see Bitcoin going down, so they can buy cheaper.

You have said it all. This is one main reason why fundamental analysis is not even working in the market as you get to see the price not even going in direction with the whole news going on in the market and then you kept wondering who are those selling with all these positive vibe and news that is supposed to create a huge market upward movement, and this simply is just the best explanation for it.

I really hope good news usually have that much of an impact on btc price as everything is manipulated anyway, so in a way, fundamentals just do not work that much as well as TA and all you have to do is to find a way to play safe in the market. As it is, the market simply tends toward negative speculations than anything positive and if you look at the media, they simply do not even help out in any case as all they are just after is being carriers of bad news.