Did Bitcoin Cash Just Crash The Market
Yet again it seems at least in my view point that the jerks over at bitcoin cash have crashed the markets yet again.
These people honestly have no business sense at all. Tomorrow or maybe even tonight bitcoin cash will fork but there is clearly no winner here. Because of this the market has sold off on bitcoin cash which in turn seems to have sold off other markets including bitcoin itself which then sent everyone into a wild panic and sold even more!
To me this is now an over sold market and you might be above to pick up a sweet deal here shortly.
Besides the bitcoin cash fork and people confusing it with bitcoin is the only reason I suspect the market just took a drastic downward turn.
So time to gobble up some deals? I believe so
I also think that the overall financial markets are becoming a little more risk averse as well which could lead to leverage use coming down which dries up liquidity. You don’t want to have all your wealth in paper when the next downturn comes so it could be a reduction in risk overall.
This civil war is becoming useless and boring on the crypto space!
agreed and it all comes down to a single person which is exactly what cryptocurrency should not be. This is the issue with having one center figure head.
It is proof that central powers control already this space without the need of any guns.
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