Here i am sharing some reasons why bitcoin is dropping like rock. This huge downfall was unbelievable. There are much people who bought it in $19000+. After reading tens of blogs, i got something crazy about bitcoin downfall, you never heard.
Reasons Behind Bitcoin Downfall
Many financial experts are against Bitcoin. These experts including Warren Buffett, Jack Ma, Jordan Belfort and Mir Muhammad Ali Khan. There are many more but i listed these. Three of them have connection with Wall Street. Wall Street and other financial mafia are against Bitcoin. Few days ago, some financial experts said that crypto trading will take place of stock exchange. I think they afraid of it.
They are not against blockchain technology, they are against cryptocurrency. They say cryptocurrency is bubble, it’ll crash sooner or later.
Wisdom Of The Crowd
When majority of people thought that Bitcoin will go up and up, it went up and up. When much people similarly think/predict same thing, there are more chances to happen. It went over $19000. And now magic happens. Financial experts and Wall street mafia started their work. They started spreading negative talk about Bitcoin and Cryptocurrency.
Warren Buffett said:
Cryptocurrencies will almost certainly ‘come to a bad ending’.
Jordan Belfort said:
I think it’s a huge danger right now that people are looking at this as the next great thing, it’s a bubble for sure.
All these financial mafia investing huge amount to die cryptocurrency.
Japan is raiding coinheck offices while coinheck is one of most popular trading and exchange cpmany. China closed mining have huge impact on bitcoin. Big exchanges are being hacked. India also raiding cryptocurrency offices. Microsoft closed cryptocurrency payment method.
After reading this article you can understand who is trying to kill Bitcoin.