Re: HODL'ers sold 30BN$ of Bitcoin causing the crash

Quote from: freightjoe on August 13, 2018, 10:55:37 AM

Everyone in here seems to think that the crash is due to newbies panicking. Reality when you look at the hard data is that it is the HODL'ers who are selling and crashing the market.

Don't believe it? Check out the analysis for yourself:

https://www.coinspeaker.com/2018/06/12/bitcoin-price-decline-2018-caused-hodlers-30b-sell-off-says-chainalysis-report/

When HODL'ers say "HODL HODL" they are either lying while they are selling. Or if you are truly HODL'ing then you simply being scammed by the other other HODL'ers who are busy selling to you.....

Why I smell this more than trolling and less than analysis?
OP is just creating commotion that can make us think we've got scammed and it's time to sell what we hold.

Please, people don't buy this because the moment you believe then it will be the moment you'll lose. On a contrary, I still see people that optimist about the current state of bitcoin and didn't bother to worry about this. Holders will be holders until we reach new ATH.