[dlive] FUD FUD FUD ... Why?

in #dlive • 6 years ago

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Gosh.. Why are we so afraid ??

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6 years ago in #dlive by
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    • [-]
     6 years ago 

    This market action is not just due to FUD, Bitcoin is very thinly traded, thus prone to market manipulations, institutional traders like ETFs frequently borrow deposited coins from exchanges to put downward pressure on the price while shorting on the futures market... on top of that the market is saturated with bagholders adding more downward pressure on the price. Bear markets are fascinating things to watch.

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    [-]
     6 years ago 

    Thanks for your post!

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    [-]
     6 years ago 

    Indeed. One such manipulator has been revealed as the Mt Gox trustee who has been dumping bitcoins and bitcoin cash on the market and has been demonstrably driving the price down. It really should be investigated and it matters to all holders of alt coins, not just btc and bcc, or MtGox creditors.

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      [-]
       6 years ago 

      Hi @saltycat, the Mt.Gox trustee has been something of an easy scapegoat lately but imo he really is just a distraction. I think there are people with much deeper pockets than him (miners, exchanges) who can manipulate the market with way more force (or lend their coins for this purpose), especially now that there is a liquid futures market for shorting.

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        [-]
         6 years ago 

        Well, we are getting some good news from past few days now, Barclays' Coinbase partnership and Korea planning to remove ICO ban, so hopefully market will start recovering soon and many good news will follow.

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        [-]
         6 years ago 

        Thanks for your post!

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        [-]
         6 years ago (edited)

        I agree a bunch of FUD being peddled out there, but hey I used this current dip to buy more.
        Not a "crash" just a dip; buy the dips imho.
        cheers A.

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        [-]
         6 years ago 

        Thanks for your post!

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        [-]
         6 years ago (edited)

        You always bring us great information on crypto, sir. Lots of love. I am a big fan of you on youtube as well. Please tell us what could be the repercussions of the Google's recent news that they gonna ban many crypto ads. Maybe the recent drop has something to do with it.

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        [-]
         6 years ago 

        Thanks for your post!

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        [-]
         6 years ago 

        Thank you so much@boxmining. Lots of love for your guidance on crypto.

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          [-]
           6 years ago 

          The greatest problem of this generation is that we scare easy. We should see this as an opportunity and nothing else. All the weak people who have no faith have already left, only the strongest are holding and they will be rewarded.

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          [-]
           6 years ago 

          How low are you ready to hold before you capitulate? everyone has a breaking point eventually.

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          [-]
           6 years ago 

          Well, my HODL plan has no breaking point. The worst is zero out everything.

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            [-]
             6 years ago 

            Spoken like a true Hodler @fr3eze :D

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            [-]
             6 years ago 

            Thanks for your post!

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            [-]
             6 years ago 

            For future viewers: price of bitcoin at the moment of posting is 8179.80USD

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            [-]
             6 years ago 

            Thanks for your post!

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            [-]
             6 years ago 

            ^--- You made this exact same comment at least 6 times and close variations at least 70 times in the last 1 hour. View these duplicate comments

            Upvote this comment to support @duplibot and help reduce spam and superfluous comments.

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              [-]
               6 years ago 

              @ipostbtcprice has posted comments like this at least 5,782 times in the last 7 days which is damaging bandwidth for new minnows

              @boxmining please consider removing your upvote as I will soon ask the community to consider removing the rewards on these excessive comments. If you truly want your upvote to remain please reply and I hereby ask the community to respect your wishes.

              Upvote this comment to support @duplibot and help reduce excessive comments

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              [-]
               6 years ago 

              fentastic video,,boss

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              [-]
               6 years ago 

              Also can totally not understand all that FUD. Relax guys and prepare to buy the dip. Thanks a lot Mikel.

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              [-]
               6 years ago 

              Thanks for your post!

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              [-]
               6 years ago 

              Thank you so much for your work. Hopefully I could meet you in person on a meet up one day maybe. 😁👍

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              [-]
               6 years ago 

              Boxmining with the videos concerning FUD be like

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              [-]
               6 years ago 

              Thanks for your post!

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              [-]
               6 years ago 

              Wow..nic post..the picture.. very good luck

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              [-]
               6 years ago 

              Thanks for your post!

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              [-]
               6 years ago 

              Ok.. thanks.. good luck

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