So you are just going to ignore China's multiple FUD attempts and the many times the occupied administrated has reminded people they are going after crypto. Then there is also a rumor that this major crash was carried out in an effort to force someone name justin sun to liquidate his assets. Some rumors say it failed and they will keep crashing it until he folds. Others say it succeeded and to expect BTC to hit 70K very soon. Then there is the whole barry silbert fiasco who arrogantly declared he would short doge to benefit BTC, which prompted elon to respond accordingly.
Nevertheless, there is a shit ton going on that it is near impossible to put it all on one man.
I would also put the blame on the sheep who bandwagoned into the scene who let their emotions dictate their spending habits rather than put in the effort to research what they are investing in.
Nevertheless, there is a shit ton going on that it is near impossible to put it all on one man.
Jesus Christ, Elon... lurk moar!
I didn't write the article. However, China doesn't do FUD. A power station in Xiang province flooded and went offline. That one plant took 35% of btc nodes offline. China owns bitcoin, they do a press release and then they crrash btc. I've went all in on ethereum hoping it's less compromised, but last week pretty much proved me wrong. We'll see where it goes. I do think Elon is sometimes irresponsible with his tweets but no I don't think he crashed btc, China did.
I would also put the blame on the sheep who bandwagoned into the scene who let their emotions dictate their spending habits rather than put in the effort to research what they are investing in.
People worship the rich and memes, Elon is both.
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