Bitcoin drop about 20% after Lloyd Blankfein comments.

[harrypotter1229]

Don't pay attention to what these people say. They are always making FUD. They are actually buying them themselves, or they don't understand the block chain at all. Do not let them affect your judgment, do your own plan, buy it when you need to buy, do not hesitate! 2018 may be a year of the big bang technology explosion

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[mia khalifa]

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.

it's down because a new player is panicked by the issue makes the old players very profitable because they are new players will surely panic and sell bitcoin at low prices and in accommodate by old players. so do not be fooled by such an issue.

[ModaFuka1994]

Hmmmm, There are a lot of people want to dump Bitcoin price, some of them do that to make everyone don't believe in Bitcoin anymore, almost Bank system in any country are doing this, and some other do that to have chance to buy Bitcoin at lower price like CEO of JPMorgan Chase ). We shouldn't worry about it, just keep holding and trading as normal cause there are nobody can be able to stop or kill Bitcoin

[futile-resistance]

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.

Honestly, the market is growing even more matured that these guys really need to start shutting up. If anyone wants to panic sell right now because of the trash these guys are spewing, then that is their call and they will have themselves to blame for it.

However, the OP trying to relate that rubbish said by whomever he calls himself to the recent drop in price is not right. Corrections are normal and it was expected. Traders will take profit, which is all.

[jennywhzz]

Don't pay attention to what these people say. They are always making FUD. They are actually buying them themselves, or they don't understand the block chain at all. Do not let them affect your judgment, do your own plan, buy it when you need to buy, do not hesitate! 2018 may be a year of the big bang technology explosion

Remember what JP Morgan said about bitcoins a few months ago which made bitcoin price fall and then he himself bought those bitcoins at cheap and make a lot of profits also. So  we not worry about the comments from Lloyd Blankfein or any other big celebratory. If you want to react to that, then just do the opposite like instead of selling keep on buying and you will succeed in your approach.

[aeternus]

lol this so funny. who is this guy? is he powerful enough for bitcoins to drop whenever he makes a false statement? so many new names that was popping out lately, some of them are warren buffet, jp morgan, charlie lee, roger ver, etc i forgot some of them and now this is the newest and latest guy that keeps on balalantly accusing and discrediting bitcoin and some noobs think that this is the reason why price drops. what the hell is going on here?

No, people are just making an assumption that since he made a statement and then bitcoin went down that somehow the two events are connected, most of the time the reason bitcoin prices goes down has to do with whales pushing the price down because they want to cash out, it is very difficult to any small player in bitcoin to manipulate the price that much that fast.

[khaled0111]

What did you expect from CEO of the USA Investment bank to say?! They all say that Bitcoin is a scam to protect their interests.
Also big whales spread rumors about Bitcoin to make small traders panic and sell low so they can buy from them. or just to make them
invest in other coins like BCH.
Bitcoin is strong enough and such rumors will not stop it.

[dogeeeeeeee2]

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.

It's the same situation happens with Jamie Dimon and the price will increase after that for sure.