Current Events > Bitcoin and other Cryptocurrency is trending down because...

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2Pacavelli
12/08/20 9:17:08 PM
#1:


There is a lawsuit decision involving the MtGox hack where hundreds of users lost access to their coin.

Hundreds of users will now get access to their coins again potentially December 15.

Nobody knows what they will do with their BTC, but many suspect that once these users get their coin many that they will simply sell them all. Causing the price of BTC to go down. It's about 2 Billion USD worth of coin that may be put into the market and sold.

So the whole market is trending down fast in anticipation. Also BTC was due for a correction/consolidation since it's been hovering around it's all time high for a while now. Even back in 2017 it didnt really stay at 19000 for that long.
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2Pacavelli
12/09/20 8:17:54 AM
#3:


tote_all posted...
So buy on Dec 16 got it

Possibly. I think bitcoin still has a very strong future

News channel I watch for good info
https://youtu.be/4v9AMCxncRA
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