Bitcoin is suffering from greedy traders, who bring the money out of crypto
“Novogratz Sold Bitcoin on Wednesday and Wishes He Had Sold More” is the headline of many news websites? Why? Maybe the volatility of BTC has attracted a lot of wrong people. The concept of p2p payments and decentralization. Ha ha ha, nobody thinks people like him even care about those main aspects of the BTC and crypto, even BTC being a stor of value. Traders. love the BTC to go up and down so they could make profit out of the gaps and volatility. And right now BTC is overflowed by people like Novogratz, At the peak of the jump to 14000 in this cycle, much of the money inside the space brought out by the traders, it made the price go down and struggle to go back up. When there is no new money, the price simply can fluctuate in the same range and alt coins and BTC switch the pump&dump. 
$100,000 Bitcoin Is Coming And Traders Can Only Slow It Down
#Bitcoin #BTC #Cryptocurrency
Reported in ultragamerz earlier:
It’s hard to attribute the cryptocurrency’s value to anything in particular but many have attributed it at least partly to the Libra cryptocurrency Facebook announced on June 18. But is it really even a factor? All the accumulation and adoption had started way back before the Libra announcement. And the Bakkt is gonna jump start next month and all the good news and updated from the conferences. Bitcoin and Libra don’t have a direct relationship, but pun intended when we say that the cryptocurrencies are in many ways two sides of the same coin.
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Categories: cryptocurrency, Gaming News
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