Binance cryptocurrency exchange CEO, Changpeng Zhao suggests people go through some self-inflicting pain if they sold bitcoin under $10,000. To him, anyone who was straightforward to consider $10k mark as a resistant point and traded their bitcoin must slap themselves to remember for the next time. CZ’s remark implies the act to be a terrible call.
The tweet by the CEO made headlines and was responded by almost 2000 mixed-reaction tweets. Where some supported the content, others hinted that bitcoin might dip below $10k again in the approaching period.
CZ’s tweet not only created a disorder in the crypto sector but also ignited a new debate when a user commented that the Binance CEO must slap himself too. According to the user, the decision of banning U.S. customers from Binance deserves a slap as the nation accounts for the significant contribution in the digital currency world. In comeback, Zhao stated that the user had misunderstood the situation and the decision was not up to the exchange to make.
Some users even advised that those were holding altcoins instead of bitcoin warrants a slap more than anyone else. CZ had shown interest in Bitcoin earlier also when he asked the community about their augury to when will bitcoin raise back to $20,000. Bitcoin, at present, is trading around $10,500 and guesswork is the cornerstone of predicting either its value will rise or sustain.
