I just watched the value of BTC jump up nearly $100 in a matter of 5 minutes.
It can even go lower than $50 for just a couple of minutes.
In fact we have the power in our hands anyhow, people don't realize that enough. If someone like I were to come in here and say: "BUY, BUY, BUY!"... and everyone actually followed suit, the value would skyrocket, confidence in the prediction or not. That's the power people have that own the majority of shares when they get together. That's basically what insider trading is, only us common folk have that power with the BTC industry unlike Wall St. where tycoons do.
Even we do the massive buy orders, there are whales out there that are countering the massive volumes of buying orders that force people to jump to bitcoin cash through some network attack.
Let's get this thing heading in the right direction again. It already is in just the past few minutes anyhow.
After seeing it few hours ago, the price was at $6,100 and now it goes down to $5,800 still hopeful on this correction.
The problem is, a group or individual is dumping. Network has 150k or more transactions that are unconfirmed, not a coincidence imo. So one cannot simply buy now, although it's up to the users.
Thanks for emphasizing that, they are doing this intentionally. Network congestion is truly a pain to all of us and they know how to do it.
