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RE: Everyone seems bullish on Bitcoin

in #cryptocurrency7 years ago

Iconic isn't it? Last month we had so many "bubble" and bearish reports coming from the same publications. Now the spin is bullish. Media frenzy loves to create drama around price movements.

Fox actually stated at the end of the segment a $1 Billion Bitcoin. Which is... just stupidly insane if you do the math on what that would position the market cap to be. Fox News has built their audience around fear mongering and snake oil salesmen tactics. It works. So always taking their claims with minimal credibility.