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Topic: Bitcoin Price Goes down after a tweet by Charlie Lee - page 2. (Read 2294 times)

sr. member
Activity: 784
Merit: 282
I think he is right by doing that. No matter what he does, people shit on him.

If he had kept the news, people would blame him that he was not sharing it. When he decides to share it, this happens.

Huh? Nobody would even know or give a damn if he didn't share that useless rumor. Shit happened because he shared it.

As an influential person in the crypto world he should be more responsible for his social media posts. This move of Charlie Lee shows pretty much his poor character and shows how he is not fit to be a leader. Im dumping all my LTC. LTC should be banned all around the globe.
hero member
Activity: 1414
Merit: 505
Backed.Finance
Actually these news must be a propaganda to make the bitcoin price dropped. These must be a planned manipulation to make the late and new big investors to buy a lesser priced Bitcoins.


another bad news related to bitcoin i don't understand why is all this happening we all were happy with the price the volume was really high and people were genuinely interested in bitcoin and now a simple tweet or a news leads to fall in price i hope all this stops otherwise there won't any difference in bitcoin when compared to mainstream media

Its Just spreading FUD - Fear Doubt Uncertainty. Weak heart and hands sell base on this negative news. I  just ignored it. As long as you have faith in bitcoin you will not be affected by  any negativity out there.
full member
Activity: 2324
Merit: 175
Another fake news just to manipulate bitcoin's price even more? Am I the only person tired of all this panic and misinformation? I'm not going to sell my bitcoin, HODL as long as possible.

It looks like majority of bitcoin holders are panic seller and do not know Bitcoin's history of correcting itself I bought bitcoin last month at a high price and will still hold it even at a loss, I trust this is not the kind of news that will bring down Bitcoin
hero member
Activity: 1302
Merit: 532
I think this is a risk, almost all cryptocurrency prices go down and I'm sure everything will be fine right away.
The entire market is down and it might take some time to recover,the news coming out is not positive for traders and new projects and hope it will recover in due time,i am at a big loss with some of my investments earlier this year and i was adament enough to hold for a longer time and now my profit has reduced to half,i am waiting for the green market so that i could book my profits.
sr. member
Activity: 1372
Merit: 255
Actually these news must be a propaganda to make the bitcoin price dropped. These must be a planned manipulation to make the late and new big investors to buy a lesser priced Bitcoins.


another bad news related to bitcoin i don't understand why is all this happening we all were happy with the price the volume was really high and people were genuinely interested in bitcoin and now a simple tweet or a news leads to fall in price i hope all this stops otherwise there won't any difference in bitcoin when compared to mainstream media
member
Activity: 644
Merit: 10
I think this is a risk, almost all cryptocurrency prices go down and I'm sure everything will be fine right away.
full member
Activity: 294
Merit: 100
he deleted the initial tweet, I think the source is his brother, the boss of btcChina
full member
Activity: 224
Merit: 100
well i hope its one of those fake news Grin seems like he doesnt know how influential his every post are and that most people would likely to believe every word he says smh
full member
Activity: 140
Merit: 100

 I do not know why they are banned exchangers. And we know China is a major player in the world Cryptocurrency. Bitcoin is very sensitive to news. Is this just a manipulation or a monopoly?
Just HODL and Let's see what will happen later.
full member
Activity: 169
Merit: 100
Every time in the past week or so that the price has recovered we have some new piece of bearish news that happens to surface just as things are looking up.

Hmm..... must be just a coincidence I guess.
full member
Activity: 462
Merit: 103
Another fake news just to manipulate bitcoin's price even more? Am I the only person tired of all this panic and misinformation? I'm not going to sell my bitcoin, HODL as long as possible.

As I see, even bitcoin price save it's position today. Every day the same news..
I laughed of this video (April 2014) about Chinese blocking cryptocurrency)) If smb didn't see it yet - https://youtu.be/Ry6PpRXk0dQ
I just hope, that BTC & alts will rise on 15-20% in 1-2 weeks.
legendary
Activity: 1386
Merit: 1027
Dump it!!!
People will always be alarmed/attracted to bad news or fud, but on marketing grounds of bitcoin bad news is good news for our digital currency and we should expect first time buyers panicking first as they familiarize themselves with how cryptocurrencies work. And to be honest I don't believe one man can cause this shake off....its all market forces at play causing the temporary dip.
full member
Activity: 518
Merit: 184
Charlie Lee tweeted a post saying that

"LOOKS LIKE THIS TIME CHINA FINALLY BANNED BITCOIN EXCHANGES. (ANONYMOUS SOURCE I TRUST FULLY) THERE’S ONLY ONE RESPONSE: JUST HODŁ 😁"

Read more => https://zycrypto.com/bitcoin-price-goes-tweet-charlie-lee/

I dont think that it has a very big effect on the price and China should atleast announce if they really banned the exchanges i think it would affect but a bit because china is not the only country who uses bitcoin it is circulating all over the world for sure bitcoin is stable enough without the investors from china.
hero member
Activity: 812
Merit: 510
another bad news related to bitcoin i don't understand why is all this happening we all were happy with the price the volume was really high and people were genuinely interested in bitcoin and now a simple tweet or a news leads to fall in price i hope all this stops otherwise there won't any difference in bitcoin when compared to mainstream media
sr. member
Activity: 860
Merit: 423
We need stronger hands to reach the moon. Smiley

Moon, it's 1000 USD stable.
Mars is 5000 USD stable.

Moon is 10k USD by 2020. Wink
legendary
Activity: 2758
Merit: 6830
I think he is right by doing that. No matter what he does, people shit on him.

If he had kept the news, people would blame him that he was not sharing it. When he decides to share it, this happens.
He said that the China ban is still just a rumor, yet, he posts something like that without knowing if it's true or not.

"Because it's still a rumor. Nothing official yet."
https://twitter.com/SatoshiLite/status/907678870962290689

He also said afterwards that he didn't knew that he could crash the market with his "rumors", as if he did not know how influential he is to the ecosystem of cryptocurrencies.

He shouldn't post something like "China will ban Bitcoin", and then afterwards correct to "China will ban all Bitcoin exchanges" if he is not sure about that. People trust him, and they will believe on his words.

I doubt, that the reason was just his tweet. But nvm. Who is Charlie Lee btw?
What else could have crashed the market?
hero member
Activity: 672
Merit: 526
I doubt, that the reason was just his tweet. But nvm. Who is Charlie Lee btw?

I think you are joking because in your signature it says LTC. So he is the founder and I think you should have know that before investing in Litecoin. Besides that, his brother is the founder of one of BTCC. The biggest exchange in china. https://www.google.com/search?q=BTCC+founder+Bobby+Lee&rlz=1C1CHZL_pt-BRBR750BR750&oq=BTCC+founder+Bobby+Lee&aqs=chrome..69i57&sourceid=chrome&ie=UTF-8
full member
Activity: 238
Merit: 101
I doubt, that the reason was just his tweet. But nvm. Who is Charlie Lee btw?
legendary
Activity: 1080
Merit: 1055
DEV of DeepOnion community pool
We need stronger hands to reach the moon. Smiley

Moon, it's 1000 USD stable.
Mars is 5000 USD stable.


This seems to be a realistic approach!. Prices are moving up and down, but despite all bad news of last days, the price is stable within a 300 dollar bandwidth!!
Moon is alreay months behind us, we are almost at mars, but Milky-way is in sight!!
Golden Stars for every Bitcoin Hodler!!

 Cool Cool
newbie
Activity: 39
Merit: 0
KEEP HODLING! KEEP BUYING!

I remember they were spewing a similar tune to this one a year ago
when I first bought at Paxful.
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