Yellen’s Derogatory Comments on Bitcoin Caused a Sharp Selloff In BC (Bitcoin)

Yellen caused sharp sell off in BC:

Also in Yellen’s crosshairs is cryptocurrency. The former central banker urged Congress to “curtail” the use of Bitcoin. She falsely claimed that its primary use is for “illicit financing.” In fact, Bitcoin is held mainly as an alternative store of value by investors and speculators. Their purpose in acquiring it is for expected price appreciation – an entirely legal objective. Unfortunately for Bitcoin holders, Yellen’s remarks contributed to a sharp selloff in cryptocurrency markets this week. Over $100 billion in total market value was erased.

Comment: It may be a good idea for BC investors to pay attention to Yellen’s yellin. When she makes a derogatory comment about BC (Bitcoin) and anticipate a drop in BC price it would be a good time to buy BC at a cheaper price. 🙂 She is making a lotta smart people HAPPY! 🙂

“It is a savings deposit that gives higher interest than the banks lol. She made a lot of smart buyers very happy and I took advantage converting other coins when it dropped 🙂” Comment From Smart Buyer

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