Bitcoin down....but why?
As many of you heard Coinbase experienced tremendous issues today which caused ripples in the crypto world. Is it possible that Coinbase is so irresponsible that they did not look for more help?
Well what about Charlie Lee? He recently just quit Coinbase and he was the director of engineering. Those are some pretty big shoes to fill and he left just a few days ago.....just a thought....
What goes up must go down. Ever heard before? Uhhhh
But that's a pretty sharp down...
Maybe it's just a market correction. Those happen all the time and usually the price goes up after the correction. Hopefully Bitcoin will keep growing since overall it has been growing rapidly since 2010
Yea but a few hiccups along the way.
I think people got freaked out and started to sell their BTC/ETH
Well depending what time they did it, they might have gotten killed on the price
Wonder about their being off line today at certain points. Not very professional and reassuring. Wonder if whales used this sell off to buy while the rest of us were locked out?
Very possible!
Yea I think the space is just going nuts right now. Hedge funds are probably start getting involved.
Oh that's not even a question, many hedge fund managers have already admitted to it.