Topic: 4chan post explains what will happen to bitcoin and it was somehow right (Read 396 times)

Even at a time that you would think that Bitcoin can’t be manipulated, there are still some people who are always trying to manipulate it which is very funny.

Anyways , as a small investor you can still benefit from this, it’s just all about getting the right information and timing your investment accurately. Right now the market seems to be at the lowest that it can go. And anyone who wants to buy can buy now and keep holding. And for those that lost due to the fall, I don’t think there is any need to sell because I wouldn’t, you will be at loss and also miss the opportunity when the train moves again.

You can't compete with an elite who's trying to manipulate markets. That is, unless a very large part of the community decides to counter-attack. Yeah, we're very little in comparison with them... and the more power they have, the stronger the repercussions will be when things like what Musk did happen in the crypto world. Should he repeat what he's done a few more times, a lot of people would get immediately out of the markets. But the worst part is that the elites wouldn't have that much power if the regular people wouldn't fuel their manipulation! Musk found a very smart plan and he's applying it, we just have to stop giving these things attention if we ever want those hard drops to be avoided in the future (I'm talking strictly about drops caused by Musk-like manipulations).

Elon Musk is not a serious problem for the price of bitcoin, but I think he has made a serious blow to the trust of the people, the community that he urges and urges.  They were already badly hurt before the carbon and energy problems in Sichuan were documented.  Elon is just an influencer but not all.  he directs the market drill to a bull-bear-struggle process.  Lol

I was just discussing on this topic with my friend today and we came to a conclusion that not only crypto market but every market including stocks, gold etc.. can be manipulated.
Reading this post now makes me feel worse about the fact that the coin we truly believe in (i.e. Bitcoin) can be manipulated just by a few people.
This feels horrible and there's nothing we can do about it. This has to end some day and I think the only way to stop this would be when the supply of bitcoin is more distributed.
The supply form these Elites should be distributed among all others.

Here's a video (once again I know ) of someone who mentions they were following when this thread on 4chan first showed up and seen everything they had said on there come to happen.
Jump to 5:52 minute to hear what they had to say about it:
https://www.youtube.com/watch?v=EeMBv8nQqE4

source: no nonsense forex

And we want these elites and rich people out of the market knowing that they have the money to do the unthinkable which is making the prices dump and have their influence work to make it never go back up again.

Such cheap rates for fud? I should go around marketing this guy to them short scalpers, rinse and repeat good old altbtc markets.

But yes, reddit and 4chan, where the prophets reign supreme and we pour our lives down the yawning abyss of words. Almost makes me curious enough to go see slashdot and see how it looks. Dead?

OP you dirty, dirty, coiner.

This individual is claiming he was the one who was selling his skills to fud the market for these media outlets, corporations and other shady individual types who want to influence the market.
And this all came to light after a post via 4chan.

He talked a lot about this twitter and the way you cold buy FUD or FOMO in the media
https://twitter.com/twocommapauper/status/1397106939193085952

It won't play out too well for the btc price with a barrage of things happening all the sudden with mining:
Iran banning mining for four month due to power outages so expect something to happen from now until September.
China meeting brought about with Michael Saylor and Elon Musk forming a bitcoin mining counsel and in talks with China government about the global impact it will have on their country.
Which seem to me just being plain silly.

Bobby Lee former owner of china based bitcoin mining  company BTCC is interviewed about all this earlier today and if it is manipulation which is going on with all this bitcoin mining FUD:
https://www.youtube.com/watch?v=bW14cFtftoM

Most exchanges just trade 'derivatives' of BTC, just GLD trades paper-gold, its just numbers; Will always be this way. But yes, easy for $1 to $2, not easy $10k to $100k;

The problem is everybody plays the game the same BTFD, it works until it doesn't

4chan was created by US Navy INTEL, like DIA,  they're essentially their own CIA, and they have the power to infiltrate the entire USA, all the way down to block-partys in Estacada, Oregon. Drug Nexus used to be the justification, now its bigger than the real Navy.

Currently, on this forum, there is also a similar prediction about the market but for altcoins. The fact that Altcoins have split 2 to 5 times, the drop is terrible.

https://bitcointalksearch.org/topic/altcoin-season-ending-in-may-5328770

Bitcoin's price drop is a combination of various FUDs and typically Tesla stops accepting Bitcoin payments and China bans Bitcoin mining and trading.
The nature and extent of the above two news are quite normal to me because not everyone buys a Tesla electric car and not everyone buys with Bitcoin. China has banned Bitcoin many times before and everything has gone into oblivion.

After reading that one line from your reply it got me thinking that these guys are doing the exact same thing that happened to GME and the rallying of all the hobby day traders were doing but to bitcoin.
That is quite disturbing to say the least.

Just finished watching this short video just 5 minutes ago and it explains quite alot of what you were getting too in your post above. Where it talks about shorting of tesla stock by a former employee (scion was an offshoot of toyota) and how he made millions because of his knowledge of what was going on there at a certain time while still working for that company.
https://www.youtube.com/watch?v=yGYRT5Hi8M0

Also for those who are interested I created a thread a while ago asking the question if Elon is just using the purchase of bitcoin as a way to garner attention to his other companies tesla and spacex.
Just put up a post showing how he came to acquire each and everyone of his companies in which he never really created at all and just "bought them out".
https://bitcointalksearch.org/topic/m.57087626

The rich, the whales are quietly shaking hands to manipulate the market. I think there is no such thing as a coincidence, the market has a general pattern and we see at different time periods the same harmony on the charts.
We cannot fight FUD because human psychology towards them is the same from time to time. We will again see someone or some government continue to FUD bitcoin in the future.

pump and dumps can happen and do happen

bitcoin exchanges are not filled with active market order lines of 100btc per line
most order lines are filled with 0.01btc

pump and dumps have happened and continue to happen.
its more about group planning, rather than having one guy being very liquid to achieve it

even shares can be pumped and dumped.. reddit groups done one on gamestop

however. like i said planning and timing is crucial

bitcoin was at over $50k meaning it was already hyped up.
doing a pump from $50k up is hard.. but doing a dump from $50k down is easy

if bitcoin was at say $32k all along. trying to do a dump below $25k would be hard. but a pump above $35k would be easy

I'll just rehash my point I made in the Arabic board the other day.

It is impossible for a group to coordinate market manipulation of large market-capitalization commodities. Anyone who tries to is setting themselves up for financial disaster.

Some people here might know about that time the Hunt brothers tried to manipulate the price of silver (Silver Thursday) by buying up a third of it when it was at an ATH. Then they couldn't keep their trading accounts liquidated enough and all their silver was dumped on the market and caused it to tank. And they lost a shitton of money (like 1 billion dollars or so) from being liquidated.

Most importantly they borrowed money to buy all that silver. Anyone who's trying to use leveraged money to deflate a currency will lose most of their money, because they bought at a high and it will require a lot of money stored inside at all times just to keep the trades open.

And most foolish of all, media companies trying to "corner bitcoin's market" are just asking for their trades to be liquidated as they have zero experience in the securities trading business. Just writing about BTC's price non-stop doesn't make you an expert trader. They're no way a sane company would gamble with their revenue during COVID-19-hit fiscal years and it's not like they can ask PRC to finance it for them.

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The author's working for a china-affiliated news outlet, how else did he find out of a plan to spread FUD to bring the price down?

Check the first comment, it contains all the links: https://www.reddit.com/r/Bitcoin/comments/ng9k3a/insider_of_large_chinese_firm_predicted_bitcoins/

I believe nothing has been deleted however, the threads got archived so you won't be able to reply.

Don't have the direct link because don't frequent on 4chan as I kind of feel dirty after browsing around on there.
But somebody posted about it on reddit just two days ago.
After doing some searching found this if it helps:
https://www.reddit.com/r/CryptoCurrency/comments/nhzx2r/4chan_insider_called_the_drop_the_timing_of_it/

It's better as the post is enlarged for you to be able to read it without squinting your eyes from the strain.

This was a second post I read from 4chan that's related to the huge dump that happened on the 19th. The first was one had a target price at $25K and the post was also talking about knocking of someone. I don't know who that is but it appears they were successful.

Your post just proves that information is power. Real OGs knows something is coming up before the general public.