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RE: Cryptos Crash: Bitcoin Back Below $8k Into "Mystery Dip-Buyer" Territory

in #bitcoin7 years ago

This is awful for some of us that invested in bitcoin earlier this year when it was above $12,000. Many people are in panic mode with lots of these of these factors which can't seem to get resolved; the Mt Gox sell off, Google's ban on cryptocurrency ads, and now having the G-20 summit threatening to see further regulation to control crypto... people are justified to go crazy on the market this time. Prices are getting pushed down daily. And here we are having people sitting on massive bitcoins. Am still wondering the game Kobayashi is playing. After shaking the crytptocurrency market when he sold off $400M worth of bitcoin, the current dip is going to get worse when he decides to sell off the $1.9 billion worth of bitcoins.