HODL BITCOIN dont sell soon it will hit 20k in no time

in #bitcoin7 years ago

There is a lot of news today which created FUD in the market. But it is important to read between the lines.

  • India banning Bitcoin (Fake news)

  • Facebook banning ads for Bitcoin and ICOs (to stop ICO scams)

  • Bithumb investigation by the Korean government (Bithumb is no longer the number one exchange in South Korea based on volume. Upbit is number one. Also, there will not be a trading halt as the purpose of the investigation is only to find out the cause of the privacy breach that happened last year)

  • Senate Crypto hearing (tether issue has already been explained before, its impact should be negligble in the long term as more exchanges will begin to support USD instead of USDT)


https://cointelegraph.com/news/india-bitcoin-prices-drop-as-media-misinterprets-govts-regulation-speech

https://www.coindesk.com/facebook-banning-advertisements-bitcoin-icos/

https://www.coindesk.com/sec-cftc-chiefs-set-senate-crypto-hearing-next-week/

http://m.mk.co.kr/news/headline/2017/681058