Quote from: zanezane on Today at 04:44:44 AM

Quote from: passwordnow on January 22, 2021, 08:08:30 PM

The FUD this time was about the double spending and it's just another false claim by those articles that were made about it. Yeah, it may have been stronger within a day or for several hours. But it didn't became stronger after its drop.
You go to check the price of bitcoin and it's been up again and it has quickly gone up again. If that's what he meant about of market structure, it doesn't have to be similar with stock market.

It is good for the traders to be fair, with the current dump and then a surge back up is a good way to earn some profit, in a way God bless for FUDs for making traders get richer with a temporary dump.

Short term traders can't be rich that quick. But they get the opportunities for buying in at the low price and that's already for them to decide whether they hold it or not. These FUDs that certainly comes at the right time serves them the right time to buy. That's the signal for them to start buying and if they don't, they'll wait again for the price to get lower than what it did this time. But it's impossible for it to recover and those who have lost already that sold at the dip and loss will have to find another time to buy.