Pages:
Author

Topic: It's not fud, but you can learn from this tweet & chart. Be careful with news. (Read 351 times)

hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.
That's because Peter Todd is NOT Satoshi, and another "investigative journalist" will try again to find who the "Real Satoshi" is and again like the "investigative journalist" before him, he/she will get it wrong. But by the time someone will get it right - NO ONE will care anymore!
Haha, these media know how to make people curious about the videos they make. I won't be surprised if there's a part or a sequel after several months or a year/s. AFAIK, they didn't even get the permission of Peter Todd to include him to this investigative documentary that they've made.

Why? Because everyone, probably, has already learned and understood that there's no actual point in "Who is Satoshi", and that the actual point is "What is Bitcoin". Cool
I agree, 100%. No point in finding out who satoshi is. He's done enough and wanted to keep everything as-is and a mystery especially his/her/their identity.

I am happy if the price stays at $60k and whether there will be some news and buzz that will try to dump the price, that's all I wanna see right now. Don't get moved with the news that will be made about it and we've been here for so long so, it's not a problem at all for those that have stayed here for so long.
Till this day, the price seems moves good not go down below $60k. The news that want to try to dump the price will still there but that will not make Bitcoin lose its power and even that will be stronger especially when more support comes and lift the price. The news will still try to influence with many bad things but we need to stay calm and not panic because that bad news will not stay forever. Once the price have a chance to increase, it will make people amaze and will start to come to Bitcoin but they seems to be late for that.
It is about to enter $65k again. We were just talking about it yesterday and now it has hit $64k. I am just happy whenever I see these movements of BTC. No rushing but we'd definitely see how it moves and skyrockets. We're at the start of the week so this could be for an entire week then when the weekend approaches, the correction might come.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~snip~
I am happy if the price stays at $60k and whether there will be some news and buzz that will try to dump the price, that's all I wanna see right now. Don't get moved with the news that will be made about it and we've been here for so long so, it's not a problem at all for those that have stayed here for so long.
Till this day, the price seems moves good not go down below $60k. The news that want to try to dump the price will still there but that will not make Bitcoin lose its power and even that will be stronger especially when more support comes and lift the price. The news will still try to influence with many bad things but we need to stay calm and not panic because that bad news will not stay forever. Once the price have a chance to increase, it will make people amaze and will start to come to Bitcoin but they seems to be late for that.
hero member
Activity: 952
Merit: 662
After six days the documentary was launched, there are no impact to Bitcoin price lol.

No one discuss about Satoshi, instead it's only discussed in Bitcoin forum, HBO failed to make Average Joe interested to watch their documentary and manipulating the price. They didn't prepare really well because if they're working together with Peter Todd, Todd can playing around and claim if he's the Satoshi.

But, since he already clarified if he's not Satoshi, it's done.
legendary
Activity: 2898
Merit: 1823
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.


That's because Peter Todd is NOT Satoshi, and another "investigative journalist" will try again to find who the "Real Satoshi" is and again like the "investigative journalist" before him, he/she will get it wrong. But by the time someone will get it right - NO ONE will care anymore!

Why? Because everyone, probably, has already learned and understood that there's no actual point in "Who is Satoshi", and that the actual point is "What is Bitcoin". Cool
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
X aka twitter is full of conspiracy and random person who bought blue ticker in order to be recognized by the public.
Just to add, the platform is full of scammers just like Discord and Telegram, and if you're a newbie, you might be fooled by the blue ticker symbol which can be bought by anybody including them and from there, they can just scam newbies anytime they want.

At first, yes, I thought that the HBO film would shake the market price to a significant bearish but we can see that until now the price is still stable as usual, there are no signs of a strong bearish, meaning that the HBO film is not strong enough to affect the price of Bitcoin, although I saw the news that after the film was aired, the figure of Satoshi narrowed down to one name but there was no evidence at all that he was the person, meaning that the figure of Satoshi is still unknown which means that Bitcoin will remain on track.
I believe that investors now are more intelligent than ever and the more they investigate about Satoshi, the more we realize that nobody will ever know who Satoshi is/are. I didn't think that this documentary will have any effect towards the market, but it went up hours after it got released. I didn't expect a bearish movement towards the Bitcoin price because we all know that no one will ever know who Satoshi is/are. The documentary from HBO is more of like an investigation based on the evidences they claimed, and just put it on a documentary, but there are no clear proof that they know who Satoshi is/are.

Still, the identity of Satoshi is unknown and TBH, I would like it to stay like that.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
At first, yes, I thought that the HBO film would shake the market price to a significant bearish but we can see that until now the price is still stable as usual, there are no signs of a strong bearish, meaning that the HBO film is not strong enough to affect the price of Bitcoin, although I saw the news that after the film was aired, the figure of Satoshi narrowed down to one name but there was no evidence at all that he was the person, meaning that the figure of Satoshi is still unknown which means that Bitcoin will remain on track.
At first glance, of course, the news can really trigger concerns for many investors who accumulate Bitcoin, but until now I have not seen any signs in the graph and in fact from the confirmation of the formation of the trend I see that the price is now moving towards the previous resistance.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.
We should be glad Bitcoin doesn't gets the big impact because of HBO documentary. The price now still trying to stay at the price although we see the price is up and down many times. But we don't see a down trend too deep so we should not worry too much.

But we must be careful because we don't know what will happen in the next week. Since we are in the weekend, there is a chance to see another correction coming to the market. Hopefully, the price can still be at up to $60k level and not goes down below $60k.

We must be careful with good and bad news because we don't know what is the purpose of that news. If we can stay calm with all news, we will see something behind that news so we can use that for our benefit.
I am happy if the price stays at $60k and whether there will be some news and buzz that will try to dump the price, that's all I wanna see right now. Don't get moved with the news that will be made about it and we've been here for so long so, it's not a problem at all for those that have stayed here for so long.

That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively.
I don't see how I can connect price change of Bitcoin on the market as Bitcoin reaction to HBO documentary movie. If you want, you can say it is because of the movie but if you don't want, you will not agree with this thinking and no way to prove one or another thinking is true.
IMHO, typically when there are some events, news, or movies related to Bitcoin or satoshi. I guess that people have been expecting some movement from its price. And that's why I've said that there's no movement on it negatively.
hero member
Activity: 2352
Merit: 905
Metawin.com - Truly the best casino ever
Satoshi Nakamoto real name revealed and this X user made a chart, that Bitcoin will be dumped because of HBO movie.

You can read more in that thread, if you're curious, but again I am not making a fud here. I want to use this chart, and that fud, to warn people who chase news in this market. If they don't know about the market basics, news will make them more uncertain on what will be next market movements and what they will do next too.

It's funny that HBO movie was on air and Bitcoin was not dumped. This chart is like one for altcoins, and meme tokens, not for Bitcoin.
That user created that chart to gain attention. Bitcoin is a trillion-dollar business, it can't be ruined in a single day. Anyone can make any claims but the only way to really identify Satoshi is for him to be able to sign a message from his Bitcoin wallet. Even after that, I believe that panic won't start until Satoshi moves his million Bitcoins.
Btw I always chase news in Bitcoin market because it has a significant effect on Bitcoin's price but the sad fact is that I never manage to be one of the very first few to get access to the latest news.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~snip~
Bitcoin price is fluctuating mildly recent days and I will not attribute any price change to HBO movie. Bear market and down trend ended one year ago and we are in a bull market with a discovery phase of Bitcoin. In coming months, farther than last three months of 2024, to 2025 year, Bitcoin will make us surprise with higher prices, new ATHs, and a next year will give us many chances to take profit.

So this HBO movie means nothing to dump Bitcoin price, I have no worry.

The link is for calculation backwards with $10 weekly DCA, start in October 2020, and do it for 1 year. ROI is 84% for 1year DCA in a bull market.
Code:
https://dcabtc.com?sd=2020-10-12&sda=4_years&f=weekly&d=1_year&ac=1000&c=false
Thank you for the link. I bookmark it.

Yes, we will surprise of Bitcoin moving especially when the price start the bull run. That will make those who stop investing in Bitcoin regret because they don't have many Bitcoin to sell. I also not worry with anything happen out there because Bitcoin will show its power and gets more popularity. More people will come to Bitcoin because they see the advantage of Bitcoin.

~snip~
I do not see why we should be glad about it, to me this is just the way things are supposed to be, after so many years it is unlikely there will be definitive evidence about the identity of Satoshi as he made it very difficult for his identity to ever be discovered, and at least for me there was never a chance for the market to dump just because of a documentary, after all we are not on the early days of bitcoin anymore and we cannot expect any single mention of bitcoin on the mainstream media to affect its price anymore.
For daily trader, this fluctuation gives them a chance to trade over and over so they will happy to see this. They can buy low and sell high many times but they should save some portion of Bitcoin for a long term investment. That will give them more profit in the future because they prepare some Bitcoin that they will sell in the next ATH.

Finding Satoshi will be difficult because Satoshi doesn't have a track record in Internet and we don't know who he is. Those people can only guess with some proof that they found but they don't know for sure. We should let Satoshi in the dark and not trying to find Satoshi anymore.
full member
Activity: 322
Merit: 227
Some weak hands already sold their coins because they believe with that tweet, but guess what, after 2 hours HBO launch the documentary, Bitcoin price went rise instead of decline. There's nothing we need to worry about, even Satoshi going to jail, it didn't stop the blockchain.

X aka twitter is full of conspiracy and random person who bought blue ticker in order to be recognized by the public.

X is the worst place to get financial advice from or follow the influencer on the platform. Since Elon introduced ways of earning over there, every account now has an opinion about Bitcoin and other assets and want to tell people how to manage their portfolio. People selling because of this news are losers already because the whales and people behind this documentary have succeeded. I would not be selling regardless of what the outcome of the documentary to the market is because it would not define Bitcoin. If I still have cash left, I will be buying instead of selling. This is not the first time some people have come out to claim that they are Satoshi and this would not be the last time therefore we should not be deceived by what those behind this documentary are trying to achieve with this move.
legendary
Activity: 2534
Merit: 1338
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.
We should be glad Bitcoin doesn't gets the big impact because of HBO documentary. The price now still trying to stay at the price although we see the price is up and down many times. But we don't see a down trend too deep so we should not worry too much.

But we must be careful because we don't know what will happen in the next week. Since we are in the weekend, there is a chance to see another correction coming to the market. Hopefully, the price can still be at up to $60k level and not goes down below $60k.

We must be careful with good and bad news because we don't know what is the purpose of that news. If we can stay calm with all news, we will see something behind that news so we can use that for our benefit.
I do not see why we should be glad about it, to me this is just the way things are supposed to be, after so many years it is unlikely there will be definitive evidence about the identity of Satoshi as he made it very difficult for his identity to ever be discovered, and at least for me there was never a chance for the market to dump just because of a documentary, after all we are not on the early days of bitcoin anymore and we cannot expect any single mention of bitcoin on the mainstream media to affect its price anymore.
sr. member
Activity: 490
Merit: 325
Satoshi Nakamoto real name revealed and this X user made a chart, that Bitcoin will be dumped because of HBO movie.

You can read more in that thread, if you're curious, but again I am not making a fud here. I want to use this chart, and that fud, to warn people who chase news in this market. If they don't know about the market basics, news will make them more uncertain on what will be next market movements and what they will do next too.

It's funny that HBO movie was on air and Bitcoin was not dumped. This chart is like one for altcoins, and meme tokens, not for Bitcoin.

I think it's because you didn't follow the news that's why you didn't know exactly what happened in that chat. Actually, it wasn't the HBO news that pump Bitcoin, it was already trading around therr  couple with the fact that inflation was already in the news that's why Bitcoin was bullish on the short term horizone and when it was later announced that FBI chased some market makers that were responsible for market manipulation and Bitcoin price drop because the of that news.

You can't take away news from trading, it's one of the fundamentals of trading and it's an analysis for traders to make money. Without news, there wouldn't be movement in the chat and without it there wouldn't be technical analysis. Remember that it's news that move Bitcoin, if today Trump is announce to have win US election, it will make Bitcoin price to run like crazy.
hero member
Activity: 2366
Merit: 838
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively.
I don't see how I can connect price change of Bitcoin on the market as Bitcoin reaction to HBO documentary movie. If you want, you can say it is because of the movie but if you don't want, you will not agree with this thinking and no way to prove one or another thinking is true.

We should be glad Bitcoin doesn't gets the big impact because of HBO documentary. The price now still trying to stay at the price although we see the price is up and down many times. But we don't see a down trend too deep so we should not worry too much.
Bitcoin price is fluctuating mildly recent days and I will not attribute any price change to HBO movie. Bear market and down trend ended one year ago and we are in a bull market with a discovery phase of Bitcoin. In coming months, farther than last three months of 2024, to 2025 year, Bitcoin will make us surprise with higher prices, new ATHs, and a next year will give us many chances to take profit.

So this HBO movie means nothing to dump Bitcoin price, I have no worry.

The link is for calculation backwards with $10 weekly DCA, start in October 2020, and do it for 1 year. ROI is 84% for 1year DCA in a bull market.
Code:
https://dcabtc.com?sd=2020-10-12&sda=4_years&f=weekly&d=1_year&ac=1000&c=false
legendary
Activity: 1694
Merit: 1266
Top Crypto Casino
Every news related to crypto people panic and sell or buy bitcoins because they want to get a ride with the volatility after the movie releases the market dump but of course, there's an active trader who will catch the market and wait for accumulation they will bring back again the market to its normal price, only paper hands will sell with this market pressure and people who trust the bitcoin will catch its button like recently one of the best way if you don't have time to trade is the DCA and wait for the 2025 bull run. It seems short hand trades for the news like this that you must watch possibility if the huge price movement.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.
We should be glad Bitcoin doesn't gets the big impact because of HBO documentary. The price now still trying to stay at the price although we see the price is up and down many times. But we don't see a down trend too deep so we should not worry too much.

But we must be careful because we don't know what will happen in the next week. Since we are in the weekend, there is a chance to see another correction coming to the market. Hopefully, the price can still be at up to $60k level and not goes down below $60k.

We must be careful with good and bad news because we don't know what is the purpose of that news. If we can stay calm with all news, we will see something behind that news so we can use that for our benefit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
That HBO documentary seems to be a flop. As we can see with the price of BTC, there's a bit of reaction but it didn't move negatively. Well, it has pumped to $66k for last month but then corrected for a while and now it's on its way back there. So, with that assumption that the price of BTC will decrease a lot because of that show, looks like no one cares at all with all of these media produced documentaries revealing who satoshi is because everybody knows that satoshi will never appear in the public anymore and all they have are hypotheses.
hero member
Activity: 2366
Merit: 838
Why is Bitcoin being dumped over a trashy HBO movie?
I did not say it and I emphasized that Bitcoin is not a pump and dump coin like altcoins, shitcoins and meme tokens.

Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.

Quote
Even the FBI has been investigating Satoshi's identity since 2010 and they have failed so far, so it's ridiculous that HBO knows about it.
I didn't know that FBI did it. I only knew that after Satoshi Nakamoto informed Gavin Andresen about his plan of disappearance, then actually disappeared, Gavin Andresen was invited to visit CIA for a presentation on Bitcoin.
Gavin will visit the CIA
legendary
Activity: 2408
Merit: 1102
Leading Crypto Sports Betting & Casino Platform

It's funny that HBO movie was on air and Bitcoin was not dumped. This chart is like one for altcoins, and meme tokens, not for Bitcoin.


Why is Bitcoin being dumped over a trashy HBO movie? What I see is that they are just trying to create Fud by making the baseless conclusion that Satoshi is Peter Todd, a living person and they are just trying to create Fud that Satoshi can sell his bitcoins at any time.
Honestly, I haven't even watched this movie because I was convinced from the start that they were just talking nonsense. Even the FBI has been investigating Satoshi's identity since 2010 and they have failed so far, so it's ridiculous that HBO knows about it.


By the way, this chart has nothing to do with altcoins or memes as the HBO documentary never mentioned or had any connection to them. We also don't need to use this news to mock altcoins because not all altcoins are scams and have such charts.
hero member
Activity: 2366
Merit: 838
Plus anyone could post a chart and put some text of "cause of dump here" from the moment the price started going down. It could be Israel invading part of Lebanon, it could be something that a politician said, it could be any narrative they want.
Narratives used by Jamie Dimon, CEO of JP Morgan and Bitcoin ignored his fud to continue its growth with time.

Jamie Dimon is a famous person but I did not know about the X user with that post. If people can believe in a X user like this, they deserve to lose money.

Dimon’s many regrets about Bitcoin.

Quote
But what we should actually be doing is keep looking for ways to earn more fiat, and buy those small DIPs and get more units of Bitcoin for the same amount of fiat.
With knowledge about Bitcoin, we will have stronger belief in its future, and we will take Bitcoin dips for purchasing and accumulating more bitcoin with same capital.
legendary
Activity: 2898
Merit: 1823
OP, if that's the actual reason, OK. The market probably doesn't like Peter Todd to be Satoshi Nakamoto. But what if in a few days Bitcoin started surging? Does that tell us that the market changed its mind and has started to like Peter Todd as Satoshi?

¯\_(ツ)_/¯

We're probably fooled by randomness, no?
I created this topic, not to fud, but to give people especially newbies a warning that they must be more cautious and careful with random news and price prediction like this.

Price will rise or fall, pump or dump, who can know it with 100% accuracy. And a dumping chart like this does not fit for Bitcoin that is not a dump coin like altcoins and meme tokens.


Plus anyone could post a chart and put some text of "cause of dump here" from the moment the price started going down. It could be Israel invading part of Lebanon, it could be something that a politician said, it could be any narrative they want.

But what we should actually be doing is keep looking for ways to earn more fiat, and buy those small DIPs and get more units of Bitcoin for the same amount of fiat.
Pages:
Jump to: