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RE: bitcoin drops

in #bitcoin7 years ago

@jamessmith0 its such a shame 2018 is the year the masses should begin some serious adoption but we are being hit day after day by governments trying to shut us down!
The futures market also is a double edged sword as the whales are pumping and dumping millions. buying millions if not billions the betting on the price to drop before taking all there shares out so they don't lose a dime and make huge gains betting against bitcoin!
But in my opinion they will buy billions again but this time bet for it to go up instead of down, its total manipulation on their part but why wouldn't they its practically a blank check for them, I assume they will continue this strategy but with every dump there will follow a huge pump so it will push the price up over the long run! Its just scary for everyday people hearing fud after fud and seeing huge price drops! Time will tell! Great post followed upvoted and resteemed! Peace and Love my friend!