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BTC Trading Discount 52,800 Evergrande

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On September 6th Bitcoin was trading at $52,825 a day prior to El Salvador's national Bitcoin Day, the day they officially legalized Bitcoin as currency. The day of the pump schemed in celebration people had also dumped the currency to $42,000 for several minutes before accumulating rapidly back up to $47500 for the remainder. Bitcoin grew in intrinisic strength but lost value temporarily because people wanted to trade out their coins for fiat currency. Bitcoin grew stronger and receded $5,500 in value. Think about that. Well, yesterday was no different. Bitcoin receded to $40,000 on September 20th for short time before rising to today at this time a value of $42,000 due to what people believe was a chinese real estate developers inability to pay their debts to companies such as based in China and other nations like the United States. Listen, the currency didn't get forked last night. The code didn't change. Bitcoin is still more legal and becoming more so than it was last month and before. What youre experiencing is people's fear in China, who by the way, outlawed bitcoin a long long time ago. This is nothing new. You have a new opportunity to buy more Bitcoin at dirt cheap prices. Take advantage of this and hodl what you do got. Dont be scared. This has happened too many times. Just hodl your coins and everything will be okay. The currency didnt lose strength, people did.

submitted by /u/Teaatnighttime
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