Bitcoin Dump

in #bitcoin8 years ago (edited)

Every time Bitcoin goes on a bull run something gets in its way. First Mt Gox stole everyones money just as it reached 1k per coin. Then it hit 800 per coin and the US govt put out an official psa saying it was due to the MMM ponzi from a Russian guy living in China. Now Bitcoin is back to nearly 800 and Bitfinex schedules maintenance for the worst time humanly possible and China puts out rumors they will "block non chinese bitcoin addresses" not possible in the slightest or traceable if the bitcoin was bought for cash or newly mined.The price will go up. The price will go down. Bitcoin is not going anywhere. Governments are resgined to harassing it as it gains momentum to slow our awakening to the reality of fiat as their method of control. We don't need to be slaves to be safe. We don't need monopoly money for a world reserve currency and no matter the bear market or the bull market we need Bitcoin.... and Steem Power.

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Good assessment. There's always something.

Indeed. I've been amazed watching the artificial silver ceiling at around $20 ...

amazed and stacking :)