One week in Bitcoin July 2019

[Cryptostocks]

I love it when there's news that the banks are actually the bad guys. The op posted that JP Morgan says Bitcoin is for drugs, and then there're drugs covered by JP Morgan. A lot of banks stand up against Bitcoin under the pretense of fighting money laundering, and then appear scandals of these same banks laundering money. What's sad is that many people somehow manage not to see the news about banks being drug dealers and launderers, but see these kinds of accusations against Bitcoin and take them seriously.
Bitcoin is doing good now, and the articles don't affect the price that much anymore, and that's great.

Right, it is very ironic how banks is against bitcoin because of money laundering but then they themselves are the primarily doing it, it is indeed very sad that bitcoin was blamed for these reason and for almost everything and they don't even bother to look at the good side of bitcoin which helped a lot of people. In my opinion whether it is bitcoin or not crimes can happen it just that companies most especially big ones has the power to hide it from the public.

It seems that Donald Trump who a few days ago published negative tweets against Bitcoin caused a huge wave of FUD in the global crypto exchange market. Prices for almost all crypto currencies fell by -20% from recent highs.

Crypto currencies and other financial assets can facilitate unlawful behavior such as money laundering, and of course, the police should curb this illegal activity by tracking blockchains. But in my opinion, Bitcoin is a decentralized peer-to-peer ecosystem that has a good common purpose for people from all over the world.

Soon after the tweet from Trump more controversy about the same has been getting circulated around the market. Some believe it is the tweet that has caused the downfall in the market of bitcoin followed by the altcoins.

Being peer to peer, it can be used without any form of difficulty even if governments impose restrict on the use of cryptocurrencies. The technology and bitcoin together has got a good cause as stated above.

Haha yes but who really cares about what he says? There is no one in here who will be selling their coins just because of a tweet that was probably posted by one of his community managers. Nothing more than this.

[Hallmader]

I love it when there's news that the banks are actually the bad guys. The op posted that JP Morgan says Bitcoin is for drugs, and then there're drugs covered by JP Morgan. A lot of banks stand up against Bitcoin under the pretense of fighting money laundering, and then appear scandals of these same banks laundering money. What's sad is that many people somehow manage not to see the news about banks being drug dealers and launderers, but see these kinds of accusations against Bitcoin and take them seriously.
Bitcoin is doing good now, and the articles don't affect the price that much anymore, and that's great.

Right, it is very ironic how banks is against bitcoin because of money laundering but then they themselves are the primarily doing it, it is indeed very sad that bitcoin was blamed for these reason and for almost everything and they don't even bother to look at the good side of bitcoin which helped a lot of people. In my opinion whether it is bitcoin or not crimes can happen it just that companies most especially big ones has the power to hide it from the public.

It seems that Donald Trump who a few days ago published negative tweets against Bitcoin caused a huge wave of FUD in the global crypto exchange market. Prices for almost all crypto currencies fell by -20% from recent highs.

Crypto currencies and other financial assets can facilitate unlawful behavior such as money laundering, and of course, the police should curb this illegal activity by tracking blockchains. But in my opinion, Bitcoin is a decentralized peer-to-peer ecosystem that has a good common purpose for people from all over the world.

Soon after the tweet from Trump more controversy about the same has been getting circulated around the market. Some believe it is the tweet that has caused the downfall in the market of bitcoin followed by the altcoins.

Being peer to peer, it can be used without any form of difficulty even if governments impose restrict on the use of cryptocurrencies. The technology and bitcoin together has got a good cause as stated above.

Haha yes but who really cares about what he says? There is no one in here who will be selling their coins just because of a tweet that was probably posted by one of his community managers. Nothing more than this.

And even if the tweet was really done by Trump's fingers themselves, I doubt if someone will still sell because of it. Right now, because of the track record of this man, whatever pronouncements he makes bears little credibility already. People take his words with a grain of salt. Therefore, this is not going to affect what people think of Bitcoin. If I know, they might even do the complete opposite and buy Bitcoin.

[ethereumhunter]

This week we face a downtrend for bitcoin, and we saw the price touched a deeper than the last week. But now, bitcoin price starts moving to the higher price, and gladly the price now has back to $10k again. I hope that it will stay or increase higher so we can make the profit again and I am sure that right now, many people already get the profit. It seems, the price now trying to break $11k although it's not too fast and we can hope that it will happen soon.

[Naida_BR]

This week alone 5/7/2019 to 12/7/2019 Bitcoin has received immense press coverage. Currency war just about to begin. On which side will you be as we make this history. I find these pictures below as interesting and we going to need them in a couple of years. Folks fasten your seatbelts grab a pot  either coffee or THC.

We started here Then this happened

Then this

And then the #POTUS weighed in whoa!

Who is happy to be alive today like me seeing all these. God bless Satoshi N.

Should it be called as fraud because it is used by North Koreans?
They should be proud that Bitcoin is used in citizens that face so many sanctions and they have an alternative to their limited economic environment.
These posts just do good rather than harm bitcoin.

[Johnzky]

Those pictures depict the reality of modern capitalism and slavery. Donald Trump is an idiot and Zuckerberg is a business-minded theif. I don't care if Donald Trump shuts facebook's Libra down. It was supposed to be data-stealing money making machine for facebook.

Totally agreed on you here mate,Trump is just a stupid human who jump into conclusions and say a word he don’t really understand.though I agree also on his statement  about libra coin and for me that data abuser owner Zuckerberg will only use the advantage of those Facebook user to make profit from that coin

[Sinjokubhi]

No one can deny that happened, but nothing can stop the benefits that exist in bitcoin today, I think the more often bitcoin is published, the greater the bitcoin will be quickly seen by everyone in the world, and learn about bitcoin.

[crypto1987]

It is always good to talk about a certain project, either positively, negatively or speculatively, because that way people are interested and then the picture becomes clearer, because the truth is that cryptocurrencies offer many advantages to the economy and adapt very well to the present time, little by little cryptocurrencies are gaining ground, until a day when their use and acceptance will be global.

[Herros]

With the existence of Binance release Platform Crypto Futures Trading with Leverage up to 20x, it becomes a popular news on Bitcoin trading, it estimates that the digital currency will be the economic growth in this modern era, and of course the news Excited about rising Bitcoin prices in the future.

Hopefully this month of July and in the year 2019 this price of Bitcoin is rising

[Herbert2020]

It is always good to talk about a certain project, either positively, negatively or speculatively, because that way people are interested and then the picture becomes clearer, because the truth is that cryptocurrencies offer many advantages to the economy and adapt very well to the present time, little by little cryptocurrencies are gaining ground, until a day when their use and acceptance will be global.

there is a huge difference between talking about a project which is also called constructively criticizing the project and with spreading FUD and nonsense about that project! the keywords used in that tweet such as "out of thin air", "drug trafficking", and the news in OP "fraud" are pure bullshit. you can't really call it criticism.

[trickyriky]

This news e-market has had negative effects. So the cost of bitcoin is decreasing day by day. I think on this news. Many people can get damaged in the coming days.

Fake news always affects Bitocin price negatively, but this time, when I read the post I was almost shocked. I cannot understand how North Korea can use BTC and also deal seriously with cryptocurrency with its political situation. Bitcoin is not a fraud sure, but the best crypto.

[Little_king]

War or no war , there is going to be a certain thing which I know will definitely happen and that thing is adoption of blockchain and bitcoin soon, we are getting there soon as fiat will all bound down for the king .so I prefer holding my bags of btc .

[Strufmbae]

If you go deep to the message, you'd be like, yeah okay its fine make it happen.

President makes the rules in a certain country run the regulations and can do whatever he wants can say what he also want. In real world trump can say shit everytime he wants inside his term make rules inside his terms.

Satoshi is the president of cryptocurrency, volatility makes it more interesting, Satoshi implements unpredicatble rules of algorithm in the same way he never fails.
Virtual is so much different to actual presence of reality outside virtual world.

Digital asset to the moon.

[imstillthebest]

Those pictures depict the reality of modern capitalism and slavery. Donald Trump is an idiot and Zuckerberg is a business-minded theif. I don't care if Donald Trump shuts facebook's Libra down. It was supposed to be data-stealing money making machine for facebook.

Why attacking Trump in such manner, must you call him an idiot?? He's not the only one against cryptocurrency. You don't expect everyone to love and enjoy how bitcoin works. We should all respect his decision, this my view. Albeit am not an America citizen

Calling him with that word is bad but thats the guys opinion  . we cant do anything about that and this is also an open forum but idk if there are such rules for bad words  but anyways lets go back on the true topic  .

one week of bitcoin on july was consider to be one of those historic moments due to those enumerous negative news but lets not forget that the positive news are still more than the negative ones