Agree with that. However, it appears some of the big boys are playing the Crypto market including Goldman Sachs. The evidence for this was a while ago, before CME started the trading of Bitcoin, where a “planted” news story regarding China brought Bitcoin down from about $10,000 to between $4000 to $5000, as I recall. Goldman and friends are sure to “juice” their Bitcoin holdings at some point with stories legitimizing Bitcoins use.
Two Bullish Signs For Bitcoin
- Thread starter johnarb
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Agree with that. However, it appears some of the big boys are playing the Crypto market including Goldman Sachs. The evidence for this was a while ago, before CME started the trading of Bitcoin, where a “planted” news story regarding China brought Bitcoin down from about $10,000 to between $4000 to $5000, as I recall. Goldman and friends are sure to “juice” their Bitcoin holdings at some point with stories legitimizing Bitcoins use.
Your recall is wrong no such thing happened, so you have no evidence....Again, there was no 50% selloff leading up to 20K...
There was a 7.8K to 5.5K dip but that was just normal fluctuation, no conspiracy is needed...
There was a selloff right after btc touched $5K for a couple of weeks or so all the way to ~$2.6K when China announced a ban or something...
I remember that - I think it actually dipped to $1.5k. I regret my lack of stones then!
Right you are. As a rule of thumb I just do the opposite of whatever the pundits are touting.
He said 10K to 5K and GS was behind it. What you said was a legitime scare when 1/6th of humans get banned or something.