Why Bitcoin Tanked

27 Comments

1. When are you buying? Poll: https://twitter.com/Crypto_Daily/status/1197882383619514376?s=20

2. Cam you fricking rock mate, thanks for keeping up with these funny and informative videos, you are an amazing asset to the community

3. News flash dickhead!!!. We value countries on gold reserves not fucking bitcoin ?, your argument bitcoin is better than gold couldn't be more wrong, you should say it's bitcoin against fiat currency. Nice hoodie btw, do they make it for men too ??‍♂️

4. $1500-3000 BTC is not all that unrealistic!!! $1000 BTC is still possible and yes this will lead to the next true bull market!!! Why are people so blind and gullible to this????? To not see the corruption in BTC and crypto shows just how brainwashed this society is!!! Foolish,foolish people will believe anything if marketed with a coke and a smile!

5. this happens every November…BTC will bounce if not rocket in mid to late December like every year. There will be a dip in late Jan – Mar and a bounce in April – July. Since this year there will be a halving the bounce will likely be significant.

6. Bitcoin tanked and has no value until its backed by aggression

7. That's easy, it's worthless pixels.

8. Hit 3k baby and I'll buy 10 of them !!

9. How about lowering the production quality and focussing on frequency again?

10. I bought bitcoin back in the mt. gox days when I thought it was just another currency to buy stuff like vapes and vpns. Then the market got crazy and it didn't make sense anymore. I just watch this for the memes now. Hopefully everything deflates to where its useful as currency again

11. I thought it tanked so everything could go shopping next friday? Im pretty sure it toonked from overhead and inventory refreshing on dec 31; or like 'what is black friday' | im not great at math but considering falsities and division work like 4.8 is were it would stop; but could be wrong and like 0 volume. I wonder how to make bitcoin depreciation valuable|| comparing to gold is horrid but maybe to like cobalt. But because gold is needed for like computer! zing

12. Sorry guys bitcoin tanks whenever I go on vacation. Happened earlier this year in August same thing happened in late May 2018. My vacation is over now, so we should be ok going forward. I told my friends to buy bitcoin before I went on vacation and definitely Buy it while I’m on vacation because you can literally get it on sale when I do and set your watch to it

13. What will ferell movie is that from?

14. I just see these dips as another reason to buy a bit more.

15. looks more like the chines government is trying to manipulate the price of btc

16. 2:45 and 50% of the miners die hahahaha. If higher hashing rate means higher btc prices…then 50% lower hashing power means…50% drop!

17. I haven't sold any crypto in 4 years. Just stack. I love this black Friday sale. Talk to you in 2025 when I retire.

18. A message from all the folks who have been chasing the price of Silver and Gold downward for seven years: Welcome to the party, pal!

19. I want an app to show me the amount of bullish and bearish bitcoin videos uploaded this month…so I can do the opposite.

20. More sellers than buyers

21. Recently we were in Singapore at the exhibition. I heard about a company called biteeu there. I heard they give out free SPC? Who knows about this exchange?

22. When Bitcoin falls an opposite coin is released rewarding people investors of Bitcoin this opposites opposed would then possibly continualy perpetually…..maybe….or somthin like that!

23. What is the opposite of Bitcoin that will work but not FIAT or Altcoins

24. Nice video. I always like. Hallam in always sunny Barbados

25. The real price of Gold is just above its cost of production. That's it. Forget manipulation. The real price of BTC is just above its cost of production.

26. TA is useless. How many traders are going to admit they have been rekt?

27. Since everything is being manipulated, it's really hard to tell when to buy and when to sell.

    Regarding to why bitcoin tanked, well… there's no use for bitcoin right now, nor for the altcoins. So, until there is a real use scenario, prices and volumes will be manipulated because if you have enough money you can still drive bitcoin down from whatever the price is. And let's be honest…who owns bitcoin just for the blockchain technology or for the fact that it can change the way we use money in the future? Everyone just wants to profit from the loss of the others.

    Nice videos by the way!

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