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RE: Crypto Crash!! - Grab your balls cause it's gonna be a long one #441

in #bitcoin7 years ago

There were multiple negative reports:

  • Binance hacking issue via phishing/API
  • SEC commentary
  • Mt Gox liquidating BTC revelation
  • Japanese exchange regulation

Yet the market didn't drop too much, I think it's an indication a lot of the money in the market is long-term holders who are becoming somewhat immune to negative price catalysts.

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Thanks for great reply man,

I guess you are right about long term holders getting used to the pain. Sometimes we like it cause gives opportunity to play the ratio game