Ladies and gentlemen today I am going to discuss about the all the FUD by big Banks.
We all know that more and more people are realizing the significance of bitcoin as days pass.Investors and big banks are already into the cryptocurrency trading.Many banks are supporting ripple to be used for worldwide transactions.Neo was rising a lot and reached an all time high and gas supporting it to keep the price higher.Everything was looking good and we were feeling blessed then a NEWS came.
Chinese government just banned ICOs.Neo dropped along with bitcoin and everybody knows that when bitcoin drops most of top 100 also drop along with it.People exchanged a lot of neo with bitcoin and bitcoin with tether USD.Chinese invested a lot in ICOs.
Is there a conspiracy behind it?
World is aware that bitcoin is a THING now and it is not going anywhere but up.I personally think this and many are saying the big banks have joined to create FUD to accumulate the Bitcoin and Neo.Many big banks are IN to accumulate cryptocurrencies and hence they are trying to make them CENTRALIZED like the fiat.
What You should Do?
What we should do is that we should fuc*** hodl and kick the FUD out of us.If we keep selling them at low rates its never gonna rise and this is just start of value for cryptocurrencies.The journey has just started.If you dont think so just go to 1st January,2017 records and see value of top 100 currencies and compare now yourself.
Assume Bitcoin ad altcoins are bubble.We are in this bubble and no one is outside means its decentralized.So,no one can pop this bubble if its not an INSIDE JOB.
Hope you get it and Hodl.
Good and interesting read thanks
@cryptogeek747 - Thanks for the post. I agree with you that we are still very, very, very early in the age of cryptocurrencies.
People think it's a bubble because every time they see a chart like bitcoin's, it is a bubble that soon pops. But I think something different is going on here. We all know that time is speeding up. We're in a period of exponential increase thanks to Moore's Law and everything that has enabled: Computers, Big Data, faster processing speeds and AI. We're in a new phase of development and we need this technology.
The Equifax hack of 143 million people? Incredible! Ridiculous! The old technology doesn't work. We need a new paradigm, and as if on cue, here it is.
Thanks for the post!
P.S. Just as a friendly tip, you should put a space after each period in a sentence. Like this.
It makes your text more readable.See what happens if you don't?It is much less readable.Everything runs together.
Anyway, just a friendly tip. Thanks again for the post. Keep them coming! I followed you.
good information sir
welcome to my blog @farihelper its about steemit tips
Thanks
welcome sir
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