Mike Novogratz Explains Why Bitcoin (BTC) Is Failing as Safe Haven though Retail Market interest in bitcoin and cryptocurrency remains strong. Bitcoin and Cryptocurrency Exchanges OKEx DDoS Attacks and Bitfinex Exchange Goes Under Unscheduled Maintenance. SEC rejected an ETF application from New York-based asset management firm Wilshire Phoenix and options exchange NYSE Arca. Bitcoin and Oil Could Quickly Bounce Back Post-Coronavirus Due to Cheap Prices.

References:


https://cointelegraph.com/news/crypto-exchanges-okex-and-bitfinex-suffer-simultaneous-ddos-attacks
https://www.forbes.com/sites/billybambrough/2020/03/01/forget-the-coronavirus-is-this-the-real-reason-bitcoin-suddenly-collapsed/#169b9f2d4527
https://beincrypto.com/bitcoin-and-oil-could-quickly-bounce-back-post-coronavirus-due-to-cheap-prices/
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29 COMMENTS

  5. If crypto currency are storage of value, the price have to go up. If crypto currency market is an uncorrelated market, the price have to go up or at least don't go down as the stock market. Crypto currency and crypto is too new and too small, it is difficult to say crypto are an specific market. The possibility of FOMO and BTC over $20,000 always going to be higher that BTC below $3,200.

  6. No, I am keeping an eye out for an entry point that should reveal itself this week. That is going to let me know to buy or short. If the daily was still above the 200 I would be even more optimistic

  16. It is absolutely not important only to sell some musts coins to support the shares or some who are influenced by the stock market this is done on cryptos 1:1 which is a completely different industry he will be a save haven and some good projects outside of BTC ETH XRP CARDANO IOTA the underrated coin 😉 The stock Nasdaq etc.. market will lose another 15 % I bet it will 🙂
    Hang in there and buy at lows 😉

  17. I can give you one hundred reasons if you need- because BTC is an old, outdated, slow, unscalable, expensive and useless tech that waste half the worlds energy. Moreover, it is a speculation shitcoin used only to dump the whole market 99% of the time. If you want 4 other reasons then how about – 1. XRP 2. Cardano 3. EOS 4. Vechain. As you can see, we have advanced 10 years and there is now tech that functions correctly that is capable of being mass adopted to be used by billions of people for trillions of daily transactions.

  18. preparations for the Corovid-19 for your family is good (masks, etc.) to avoid the panic. 😉 oh, hodl your BTC and accumulate.. while it's cheap.

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