Quote from: Coyster on December 05, 2021, 02:36:54 PM

Quote from: dvndr007 on December 04, 2021, 07:27:38 AM

What you think about this new FUD roaming around.

You can't hold crypto in private wallets anymore ?

Maybe this is the reason crypto market is Falling.

I actually do not know if that's the reason, and of course there is no way to be exactly sure of the reason for a pump or a dump, but if that's truly the reason, then it's only people who are somewhat new to the network that will fall for this, for a long time now there have been a lot of propositions on possible sanctions by governments, some have been implemented, while others are still in motion, but the thing still remains that it can't really affect Bitcoin for too long, it could cause a temporary fall in the price, but in the long run it becomes inconsequential as the price will definitely rise back up again. Having said that, there is no way the government can regulate users holding their funds in private wallets, I believe this is just a ploy to get people scared and worried and to dissuade them from using Bitcoin, we must understand that as far as the government know they can't control Bitcoin, print it or do to it as they please, just as they do with their fiat currencies, they will continually be hostile to the network.

Oh, indeed! the majority of cryptocurrency investors, not just bitcoin are considering the month of December a time for cashing out on crypto assets. Thus, many people are on high alert to sell their crypto when the market makes a sudden move. FUD is the major reason why many people are selling their cryptocurrency now, they are afraid of losing their money because the market is fluctuating, unsteady.