senolito
Long

The "FAKE 20" incident has probably been left behind

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The year 2017 was accompanied by several connected incidents, that might have created a false impression of the crypto currency market in the minds of the general public. Ethereum's rocket increase in value, the explosion of YouTube videos and social media posts about crypto, and the untruthful 1% profit per day promises of various lending platforms are some of the examples worth mentioning. The hype created among amateur investors resulted in an unsustainable growth, and was instantly followed by an unforgiving crash, from which we are only slowly recovering. But his doesn't seem to hold Bitcoin back from it's general and "real" uptrend. Please let me know what you think of this idea.
Comment: This is my take on an idea i discovered in a reply from user "selfanswer" from the following thread:

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