Can anyone tell me what is happening to Bitcoin?
same thing as always, it is going up and down. up and down.
then FUD hits and the down becomes bigger. then recovers.
then up an down. up and down.
then a HYPE comes and the up becomes bigger.
....
BTC price from 4660 dropped 4k1
where did you bring 4k1 (whatever that means!!!)
the lowest it went were:
4227 @bitstamp
4260 @coinbase
4211 @bitfinex
and still continues to decrease, investors and trade as I'm feeling very confused. Give me some advice right now, so I can calm down.
it is the panic sell.
is it your first time with bitcoin? because this is not the first panic sell. we just had one exactly 5 days ago!
another one last month on 22nd of August
another one 2 months ago on 16th of July
and hundreds and hundreds more!
I think its because of bannning ICO in china because we all know there are so many investors in chaina so its a big loss to bitcoin because the investors cant invdst now.