Bitcoin Forum
May 09, 2024, 10:42:55 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 »  All
  Print  
Author Topic: Bitcoin drop about 20% after Lloyd Blankfein comments.  (Read 1488 times)
arpon11 (OP)
Sr. Member
****
Offline Offline

Activity: 882
Merit: 282



View Profile
November 30, 2017, 07:52:22 PM
 #1

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
1715294575
Hero Member
*
Offline Offline

Posts: 1715294575

View Profile Personal Message (Offline)

Ignore
1715294575
Reply with quote  #2

1715294575
Report to moderator
1715294575
Hero Member
*
Offline Offline

Posts: 1715294575

View Profile Personal Message (Offline)

Ignore
1715294575
Reply with quote  #2

1715294575
Report to moderator
1715294575
Hero Member
*
Offline Offline

Posts: 1715294575

View Profile Personal Message (Offline)

Ignore
1715294575
Reply with quote  #2

1715294575
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715294575
Hero Member
*
Offline Offline

Posts: 1715294575

View Profile Personal Message (Offline)

Ignore
1715294575
Reply with quote  #2

1715294575
Report to moderator
neurotypical
Hero Member
*****
Offline Offline

Activity: 672
Merit: 502


View Profile
November 30, 2017, 08:06:30 PM
 #2

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.

Why are any of you still paying attention to whatever the fuck these scammers to say?

First JP Morgan CEO Jamie Demon comments FUD on Bitcoin a bunch of times and each time it goes higher after the dip. And then the Goldman Sachs' CEO Lloyd Blankfein comments on how Bitcoin is volatile and not a currency, not even a creative or funny comment, just the same regurgitated nonsense we've heard a million times.

If Bitcoin is volatile is because of panic selling idiots falling for the FUD each time. As we shed them out on the long term everyone holding will have strong hands and they will not sell every time the mainstream media tells you to do so.
LeGaulois
Copper Member
Legendary
*
Offline Offline

Activity: 2870
Merit: 4095


Top Crypto Casino


View Profile
November 30, 2017, 08:09:00 PM
 #3

Quote
Bitcoin drop about 20% after Lloyd Blankfein comments

Who told you that the fact this guy said this and that about Bitcoin is the reason for the price dropping? It's a garbage. Next month we may see people saying the price increased by 3$ because of Santa Claus or because it's snowing outside.

People need to be used to see such Up and down because in a near future it will be more frequent. No matter who says what or not

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
Erkallys
Legendary
*
Offline Offline

Activity: 1120
Merit: 1004



View Profile
November 30, 2017, 08:09:34 PM
 #4

Bitcoin fell sharply after a recent Bitcoin Cash attack recently. And what happened after this ? It paved the way to 11 000$. These corrections are in fact a benediction as it removes all the weak hands.
MairaObergh
Full Member
***
Offline Offline

Activity: 270
Merit: 103


View Profile
November 30, 2017, 08:12:09 PM
 #5

It might go back up tonight, since it's going to be mentioned on a popular tv show.
Virtual miner
Sr. Member
****
Offline Offline

Activity: 728
Merit: 275



View Profile
November 30, 2017, 08:15:54 PM
 #6

Ohh well I was fed up of searching reasons of such a downfall in the price of BTC thanks for sharing the information. BTC crashing down to almost 9000 and then recovering. I made a profit of 6% due to this price correction by short selling. I think the crypto market is becoming even more delicate each coming day. Just a strand of news can shake the whole market till its depth.
MairaObergh
Full Member
***
Offline Offline

Activity: 270
Merit: 103


View Profile
November 30, 2017, 10:30:30 PM
 #7

Ohh well I was fed up of searching reasons of such a downfall in the price of BTC thanks for sharing the information. BTC crashing down to almost 9000 and then recovering. I made a profit of 6% due to this price correction by short selling. I think the crypto market is becoming even more delicate each coming day. Just a strand of news can shake the whole market till its depth.

That's kind of the problem with Bitcoin, for regular people. You made a gain, but at the same others make loses. And others in position to do so could play the market by making statements and then having the media report that statement.
Hasbro27
Full Member
***
Offline Offline

Activity: 378
Merit: 100



View Profile
November 30, 2017, 10:35:28 PM
 #8

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
is that the cause of bitcoin reduction today? not because of anything else? I am quite worried that I sell the bitcoin that I hold, I had panic sell due to the decrease of bitcoin and also altcoin
marcuslong
Legendary
*
Offline Offline

Activity: 1036
Merit: 1002


View Profile
November 30, 2017, 10:46:58 PM
 #9

Lol don't believe on this because theybare just predicting it simetimes their predictions happens but theres no affection between them and bitcoin , bitcoin it self remind that people who are just earning from them difinitely awesome which means our economy grows faster they're just fooling people bu playing commens.
Maum
Full Member
***
Offline Offline

Activity: 250
Merit: 106


View Profile
November 30, 2017, 10:50:09 PM
 #10

If you are panicing about a little drop, then look to whole history of Bitcoin. These manipulative shout outs against Bitcoin wont seriously stop its way up.
trobin
Full Member
***
Offline Offline

Activity: 177
Merit: 102


🤖UBEX.COM 🤖


View Profile
November 30, 2017, 10:51:26 PM
 #11

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.

Actually I don't think that his comments will have that much influence on the price at all. I think that mostly it was just normal market movements due to a rush of growth and then it was in part his comments as well as some exchanges crashing.

Guzztsar
Sr. Member
****
Offline Offline

Activity: 420
Merit: 252



View Profile
November 30, 2017, 10:54:08 PM
 #12

Bitcoin is starting to bothering some huge corporations and influential people.
We can expect a significant increase in such FUD attempts.
richardsNY
Legendary
*
Offline Offline

Activity: 1232
Merit: 1091


View Profile
November 30, 2017, 11:05:44 PM
 #13

Bitcoin is starting to bothering some huge corporations and influential people.
We can expect a significant increase in such FUD attempts.

Bitcoin's market has always been subject to mass loads of fud, so there won't be much new to see here. People need to distance themselves from everything that's being said, and for once do some actual research on what Bitcoin is and how this market gets steered back and forth. I get it that traders like it and can't get enough of the wide range movements, but it's pathetic that the market gets sold down because of utter nonsense. It's something this market doesn't seem to be able to get rid of, and for that reason will likely remain like this for many more years. It's something we have to deal with and accept. Good thing is that holders won't be bothered by all these market swings.
_Dawid_
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
November 30, 2017, 11:26:37 PM
 #14

Yeah unfortunately it has happen but you only lose some % from your investment and few people whom had their invst in the exchange lost (probably) everything. That 30% loss  was caused by the two gib exchanges whom were closed for 1 day maybe? I was possible that btc will recovery because of boom, everyone want to own bitcoin so it is obvious.
yugyug
Sr. Member
****
Offline Offline

Activity: 616
Merit: 256



View Profile
November 30, 2017, 11:43:58 PM
 #15

When the price of bitcoin drops nearly 20 percent that's a great opportunity to buy. When more people tends to panic about the price drop, some opportunistic has a big laugh because they know the price will be back to normal soon, they already know how the cycle of market behaves. Most CEO are the front-man for market manipulation they try to scare small time players, when they fear they sell lout their bitcoin thinking it will go down deeper, but that is not what the manipulators trying to do, they are just waiting for a cheaper price and buy in bulk later.
Dreamchaser21
Full Member
***
Offline Offline

Activity: 686
Merit: 108



View Profile
November 30, 2017, 11:50:46 PM
 #16

I don't listen for any negative news about bitcoin because they just want to dump bitcoin so they can buy more bitcoin just like what James Dimon did. I believe in bitcoin and no matter what the price right now it will surely bounce back even higher.
vv181
Legendary
*
Offline Offline

Activity: 1932
Merit: 1273


View Profile
November 30, 2017, 11:52:08 PM
 #17

Again a bitcoin FUD spread, make many people sell their bitcoin, in my opinion, its due to lack of the understanding the technology of bitcoin and lack of faith in bitcoin. That is what makes bitcoin volatile I believe soon in the future when bitcoin already being well-understood financial assets, the volatility will decrease, and the bitcoin price will stabilize.
layoutph
Sr. Member
****
Offline Offline

Activity: 1386
Merit: 255


View Profile WWW
November 30, 2017, 11:56:11 PM
 #18

Another attention grabber guy just like Jamie Dimon. Just ignore him. 

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.
Jorosss
Full Member
***
Offline Offline

Activity: 404
Merit: 105


View Profile
December 01, 2017, 12:26:35 AM
 #19

CEO of the USA Investment bank, Lloyd Blankfein said "something that move 20 overnight do not feel like a currency. It is vehicles to perpetrate fraud" after this comment on Thursday bitcoin lose over 20% and I was panic to sell off my holding. But thank God the bitcoin has started recovering as we can see that it is currently above $9,700. I think this is another caculated attacked on bitcoin image in other to create FUD.

he is just like any other guy who try to attack and take down bitcoin, we already know many times on how bitcoin are capable in comeback after a big dump because of this negative news and become more stronger. Lets move on and be patient!
seasonw
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
December 01, 2017, 12:32:17 AM
 #20

I always suspecting if these people who creating FUD was trying to make bitcoin bearish, so that they can buy in low price  Angry
Pages: [1] 2 3 4 5 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!