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RE: Bitcoin Crash, Stats and Charts - Good Morning Crypto - Programmer explains

in #bitcoin7 years ago

Thanks for sharing this @ivanli. Thanks for sharing your thoughts on the disconnect between price and technology. While I agree with what you have to say, it's very clear to me as to why this is happening:
There is currently a stream of negative news coming in to the market - India's crackdowns, multiple scams and hacks over the past week or two, and more.

While yes, there is a lot of positive news in the market, especially with the progression of the lightning network and the fact that regulations are being set out by many countries (which is one of the signals for mass adoption), negative news always surpasses positive news.

Thanks for sharing!

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yes we are having both the negative & positive news in the market but the power of negativity is more than positive from the weak hands or call them as panic sellers.they just destroy the support of bitcoin which can never be break from this FUD.