Bitcoin came out in 2009. In January 2010 the price was only $0.08. After hitting an all time high of $20,078 in Dec 2017 bitcoin took a major fall back down to $6,300 which had everyone shitting in their boots. Along with that dip came the big corporate people screaming I told you! BUBBLE!!! Haha!! But in the same breath they were looking for a perfect buy-in point. The way they accomplished this is by lying to everyone and spreading a bunch of FUD. Big corporations and big influences were screaming get out while you can. But in a recent turn of events, these very people who were talking shit are now buying percentages in exchanges and creating new ones if not buying whole ones out. Makes you start to wonder why 5 months ago they were talking shit and now they want in? What do they know that we don’t? What I do know is that they are about to dump some big MONEY in to this and everyone that held during this bad time or trade for a positive, I salute you because we are about to get paid bitches!!! A lot of speculation came when BTC took that beautiful rise up. Transaction fees went thru the roof which made it impossible to either send BTC without a heavy fee or better yet it would take 12 hours to reach a destination. All major credit cards and banks took advantage of that to help spread FUD. Plus with everyone getting robbed with fucking Bitconnect and others scams spreading FUD was not difficult. Regulations and tax officials came down with the hammer and struck all weak hands out and forced the good community of BTC to not buy or hodl as we like to say. We the people will not be taken advantage of by THE MAN. Now BTC has received some help with the lightening network implementation... we will become a super power again lol. Overall people don’t believe the hype! Do your own research. I now understand the saying “buy the rumor, sell the hype!” Greed will drive you crazy, but a game plan will help you sort through the chaos.
Until next time people Cryptoboss420 signing out! peace y’all