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Wednesday, 21 March 2018

The negative bias in bitcoin reports


The negative bias in bitcoin reportsAbout every single article I read about bitcoin contains this statement “since its peak in late December bitcoin has lost half of its value”. I still have to find an article that states “ In the last 4 months (from mid November where it was at $6k) bitcoin value has risen by 50%, even counting the post-peak drop, and that 50% rise is on the heels of another 600% rise since early 2017 (when it was at $1k). Tremendous effort out there to make btc look like a worthless bubble. I wonder why. via /r/Bitcoin http://ift.tt/2u8ONW7

About every single article I read about bitcoin contains this statement “since its peak in late December bitcoin has lost half of its value”. I still have to find an article that states “ In the last 4 months (from mid November where it was at $6k) bitcoin value has risen by 50%, even counting the post-peak drop, and that 50% rise is on the heels of another 600% rise since early 2017 (when it was at $1k). Tremendous effort out there to make btc look like a worthless bubble. I wonder why.

About every single article I read about bitcoin contains this statement “since its peak in late December bitcoin has lost half of its value”. I still have to find an article that states “ In the last 4 months (from mid November where it was at $6k) bitcoin value has risen by 50%, even counting the post-peak drop, and that 50% rise is on the heels of another 600% rise since early 2017 (when it was at $1k). Tremendous effort out there to make btc look like a worthless bubble. I wonder why.

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