This board should have the will to fight and win for the value of bitcoin. We need to use the powers we have to defeat the evils that want to keep it down. I will list a few of the bad actors, and methods of combat.
- Peter Schiff: He makes profits on gold and fears that bitcoin will force him to sell his house and turn his daughters into prostitutes. He slams bitcoin but no other crypto because of his fear of the 'king coin'. Any media that quotes this desperate fool should be slammed hard. Comment on the articles that they are posting fake news by 'the desperate fool'.
- Gary Gensler: to be resolved Jan 20
- Dems and the DoJ: On Monday, July 29, 2024. The US government moved 29,800 of its total hoard of 230,000 coin. The FUD (fear, uncertainty, doubt) in the market caused the price to crash $3,000. This was two days after the Trump speech in Nashville. The speech and the hype up to it, had the price up to $70,000ish from the Mt Gox and Saxony crashes. I reported this to the FBI as either election fraud or market manipulation. They think I have a tin foil hat.
- Saxony: They sold criminal seized coin on the open market and we hope they learned a lesson. All public coin should have democratic policy about sales of criminal seized coin. This should apply to all countries including China.
- Paywall media: If you google 'bitcoin news', the top hits are media sites with bad news headlines that you can't read without a subscription.
There are many more to list. Please add. ~~~~
Don't care for Peter Schiff and If I am not wrong most of the members here also don't care for him because he can't do any harm to BTC so those who are not investing in BTC and following him are making their own decision as noone is allowed to force others to invest in BTC it's their choice.
Gary is retiring good news, I am happy along with many projects, I just can't beleive one thing that they aplogized CZ and asked him to reinsate him as CEO agian, I mean even that can possible.
The crash and the selling from Germany or by MT Gox was planned already I am not sure about Saxony, but Mt Gox has already shared a year ago that they will start their distribution in the October of 2024. So can't say if it's manipulation.
Speaking of media I don't think we should depend on one media source because even the big ones can make wrong moves for example last time in January when it was the hype of ETF approval Cointelegraph author published false news and the whole market moves up as it was total manipulatoin and disaster at the same time many benefited but later they just made an apologize which was not enough obviously for those who made huge loss.
Point is people should not read news from one or two sites they should at least have 5 to 10 source of news totally unique not the ones copyng and pasting each other's news. TG and Twitter are the best sources for the news.