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Author Topic: Bitcoin drop about 20% after Lloyd Blankfein comments.  (Read 1488 times)
freebutcaged
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December 01, 2017, 12:49:46 AM
 #21

Dumps are natural, but pumping the price from @$7000 to @$11000 is not. I said it 3 days ago when people were talking about wall street investing

On Bitcoin futures, they are manipulating the price to shake your weak hands. they are the fraudsters.
It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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December 01, 2017, 12:52:38 AM
 #22

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.

This is easy profit for people who want to buy it at a bargain price.  They will try to shake the bitcoin market for a little bit to take advantage of the low price then buy a lot of bitcoins during the time it decreases its value.  I remember the CEO of JP Morgan Chase, I guess his investment now has reached to a all time high. Tsk tsk...
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December 01, 2017, 12:55:29 AM
 #23

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.

Exactly, and then we had the Saudi prince, Alwaleed bin Talal,  talking crap about Bitcoin and all sorts of other nonsense when a week later he's arrested and left for broke.
https://cointelegraph.com/news/saudi-arabia-arrests-billionaire-prince-could-uncertainty-boost-bitcoin

He won't be the first and he certainly won't be the last, I have an overwhelmingly bad feeling that Bitcoin is not only devaluing the U.S dollar but it represents a token of bad luck for all the overly critical naysayers , uneducated , and uninformed. To heck with being just the Honey Badger of Money it's becoming the Terminator of Dictators and Governments!  

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December 01, 2017, 12:55:30 AM
 #24

Why is anybody listening at all to this? I mean come on, if you and your friends controlled the world and then something came up that was about to take your power away from you and you could do nothing against it, you would also try to disgrace it whenever you can wouldnt you? I think everybody would, thats human.
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December 01, 2017, 01:07:59 AM
 #25

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 in the world would you bother paying attention to anyone with a large stake in the fiat economy? Don't, it's the only way that they maintain any legitimacy, regardless of whether or not they have any legitimate value. They are always going to say things to try and suppress Bitcoin as aggressively as possible, and if we let that happen then Bitcoin will be going no-where.

Bitcoin probably took a bigger hit from the exchanges going down than this dude's comments. I wouldn't take what he said as any indication of a real impact other than coincidence.
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December 01, 2017, 01:11:12 AM
 #26

lack of understandig what bitcoin is make new people panic, bitcoin dont care what a person say, bankers dont like bitcoin and this kind of statement will always exist.

if you read about economy history and for what bitcoin really was created you will find that is hard to sell your bitcoins.

so dont be panic what bankers say, if they say something is because they are worry about  to loose the privilige to be a banker.
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December 01, 2017, 01:27:20 AM
 #27

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.
Can you tell to us why do you care about the opinion that does not have anything to do with bitcoin to the point you were about to panic selling, I do not care what other people say, I care about what I can see and bitcoin is a superior currency, it is obvious it is going to be unstable at the beginning of its life but that is bound to change.
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December 01, 2017, 01:30:06 AM
 #28

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.
If you really trust cryptocurrecies, you might not believe of that persons taught FUD accusations about bitcoin. More people creating this ways just to divert  the mind of the people and might lead them from selling their coins in a low price and they will buy those coins and get benefits from this. Because those people doing FUD have already know what happen next, and they are doing this just for the seek of being greedy.



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December 01, 2017, 01:44:45 AM
 #29

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.

LOL. I don't think that any announcement from bankers have a significant effect of bitcoin now. The only bankers that has put a dent on bitcoin ecosystem was Dimon, but it wouldn't happened again because he has already exposed. We can only speculate that people are just cashing it out that's why the price took a minor dip but has recovered again. Those bankers have no effect on bitcoin now, on the other hand financial investments are really interested on bitcoin future that's why CME and Nasdaq are offering it. No amount of FUD can bring the market now, and if you think that statement has put bitcoin to move 20%, it has recovered and back to $9700 and soon touch $10000 again. You should already learned by now not to take them seriously and don't panic from such statement from them.

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December 01, 2017, 02:07:03 AM
 #30

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.

or maybe this one is also another dirty tactics for them to buy more bitcoin.
coz the high is really high at the moment.....
isnt it?
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December 01, 2017, 03:03:26 AM
 #31

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.

Are you saying he caused the price to go down? Because I dont think he did. He's a nobody in the blockchain space, so why should everyone listen to him?

The whole market is just going through a correction from my perspective.
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December 01, 2017, 03:50:40 AM
 #32

I was also a little bit shocked when bitcoin's price dropped these past few days because I expected that it will only continue to grow 'til the $10k mark before the end of this month and nothing will hinders since there are no upcoming forks anymore. Even though this happened, I never panic sell (you should also) because bitcoin never fails to amaze us and already proved its power many times before.

This kind of statements are not new to us, remember the bad accusations of the CEO of JP Morgan? He also tried to pull down bitcoin. Yes he succeed but only for a short period of time, Btc still find a way to rise. Just trust that Bitcoin can stand against all odds.
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December 01, 2017, 04:05:51 AM
 #33

That,s part of the game you know..always expect the negative news and be strong..now move on and be patient..lets start the ball rolling Kiss Smiley
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December 01, 2017, 04:11:49 AM
 #34

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.
A valuable sentence influences a large community and changes values drastically, the most influential statement in November LOL  Grin Grin Grin
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December 01, 2017, 04:29:06 AM
 #35

Well there are a lot of people saying things like this this is just an example but I do think that this comme comment had nothing to do with the falling value of bitcoins...

People don't even have time to go ahead and read..the.. genral affairs and stuff thus not everyone will sell their bitcoins after hearing something like this.

What I think is the reason for the loss in the value of bitcoins is the .. sudden increase in price which made people panic sell..!

This is the biggest factor when it comes to .. the loss in the price of bitcoins but I think now that I have been in this community for a while...that its something that balances them... Due to panic selling... People get opportunities to buy.. to buy a lot actually! Then the price recovers..thus you are the one who has to decide that in which.. Category you will fall... The one who sells or the one who buys...

Other than this..I don't think..their statements matters that much..they are evidently jealous.

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December 01, 2017, 04:30:59 AM
 #36

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.
A valuable sentence influences a large community and changes values drastically, the most influential statement in November LOL  Grin Grin Grin
Another FUD has come from CEO of USA investment bank. A lot of people are getting scared. How these people are tyring to send all of their altcoins to the market and then dump it for the big loses.
How a lot of newbies are losing a lot of their money caused by scared the bitcoin price goes down a lot.
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December 01, 2017, 05:11:14 AM
 #37

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.

You panicked selling your holding? That means that you are not affected by the recovery of the price again right? I don't think that Lloyd Blankfein's statement has something to do with the dump on prices. Dimon's statement was even scratched off the record who is more reliable than the two? Bitcoin's price is falling because of people like you who sell their coins whenever a correction is happening. If you people just trusted bitcoin more we should be stable at $11,000 level by now.
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December 01, 2017, 05:13:03 AM
 #38

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.
People are still in failure to understand the technology reality of bitcoin correctly. Bitcoin market relies on the support of whole community.
These negative rumours wouldn't have influenced bitcoin badly but our lack of understanding makes us see the difficulty in every opportunity.
We should ignore  and continue to fight against such FUD news for better future of bitcoin
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December 01, 2017, 05:13:39 AM
 #39

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
good interpretation mate,thats the effect of being no deep knowledge here in
crypto reacting in every words that might throw against bitcoin or the whole crypto.
haven't we really learned on those past issues?why not just be observant in a right
manner that we will all benefits not on those personality that only concerns
themselves ..
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December 01, 2017, 05:16:58 AM
Last edit: December 04, 2017, 06:40:03 AM by RamonBTC
 #40

I always suspecting if these people who creating FUD was trying to make bitcoin bearish, so that they can buy in low price  Angry

I think they’re not suspect when it’s obvious. They do this for that reason alone and that is always been the case. Comments from those selfish person doesn’t worth any attention at all. As I’ve always do nothing about it more than ignoring. It’s been a reality check and we must be interested in how they came up from this idea without any doubts on they’re capacity to trusted.
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