It may just be my paranoia, and you may call me crazy, but when a very influential person screams "Not cool, dude!" to the leader of the free world, people listen.
And the price of Bitcoin plummeted as a result? That is what it looks like to me.
Before the head of Coinbase sent a letter to President Trump, telling him not to pass the bill that would force people to reveal their crypto receivers identities, Bitcoin was bull running it's way to all time highs.
Now, some say it may not recover. I on the other hand say, Nonsense! Bitcoin has weathered worse storms...that is, until PayPal decided to ban and suspend users for doing the unthinkable, "too many crypto transactions"...
That's right, folks. The company that bought up a whopping chunk of (I think 70%???) the circulating Bitcoin supply, banned and suspend users for making transactions in Bitcoin.
As BitBoy says, what a bunch of hypocrites. And that is fact. Because of this ridiculous news, Bitcoin once again sank lower, to almost $16,500!
So, here we are, wondering if more bad need is going to drive Bitcoin price lower, or if because crypto enthusiasts know that these were simple tactics to drop the price so new investors could enter.
Whatever the case, just know that the bull run is upon us, and Bitcoin will end on a historical high note despite the fact everyone is trying to keep it down...
Thanks for reading, and remember, keep your spirits up. We still have 5 months in this run!
