WOW!!!! I switched on my PC this morning and .......................................nothing!!
I usually get bombarded with loads of Bitcoin and crypto headlines that keep rolling while I am logged on. Today it is very quiet.
Bitcoin seems to have settled at around $6500 edging to $6600 but no news coming through. I am wondering if this could be a brief calm before the storm. We certainly need it. It has been a hard year so far if you support and embrace the crypto space. Most coins have been murdered in price, Bitcoin has seen a 70% odd reduction in price, it has been struggling to get back to $7000, which is a huge resistance level. If Bitcoin goes back above the $7000 will it keep rising, or will it drop back down to where some "fundi" has said it will bottom at $3000?
I am not a specialist but I have been studying and learning about this sphere for about 8 months now and there are many things I have learned. One of the biggest things I have learned is that most people who sprout their mouths off about crypto know absolutely nothing of how it works!!
They hear some bloke say "Oh Bitcoin is dead and going nowhere" and then all these finance guys start piping up with absolutely no backup and reasoning and spread absolute FUD about crypto. If they actually did some reading and learning about the sphere, then maybe, just maybe, we would have more positivity and less BS from these people.
It is easy to find all the FUD, it is posted in Youtube, Facebook, twitter and any social platform out there. This does nothing but cause sell offs and price falls.
What if everyone knew about bitcoin, the blockchain and the technology behind it?
Would people buy into the legitimate side of crypto or would they still buy into the scams? The ripoffs? and fake mining sites?
Most of the FUD is designed and spread by the big banks, the current financial status quo and its supporters to try and destroy the new disruptive movement that IS going to change the world. It is busy causing disruption. It is planting fear into the hearts of the current controllers of the banking and financial systems. The very core of governments to control the populace. Control their wealth and dependency on the rulers and they can control they way you live and depend on them. Take away the dependency of the people and you take away the power of the government. all these liberals think that communism and maxism is the way forward, it isnt, it is independence from the controlling force to the point of telling you how to live your life, how you will be boxed and how you will be a sheeple to the powers that control us every single day of our lives.
Why do you not join me mining and leveraging the new form of internet money - Bitcoin
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