Post
Topic
Board Bitcoin Discussion
Re: Bitcoin always shames social media experts.
by
Moeda
on 28/01/2023, 18:55:26 UTC
One unique feature of Bitcoin is that it always put social media acclaimed "experts" to shame. Sometimes these social media bitcoiners claim mastery over bitcoin. They indiscriminately predict its price as if they invented the coin with Satoshi. Even Satoshi now might not understand the price movement of Bitcoin because the creation is now economically powerful.

Through trial and error, some of them might have been predicted correctly in the past. And they have large followers that believe their analysis and follower their predictions.  One social media so-called expert recently shut down his social media platform because he predicted that bitcoin would keep falling until it goes into extinction. It was his followers that attacked him until he forcefully closed his page.

Happy bull run.
Actually the game on social media is only to influence crypto users both to buy and to sell. Sometimes someone says that bitcoin will continue to dump and even become extinct. If we analyze what they say, they express opinions in such a way that crypto users can sell and the price drops, so they can buy at a lower price. Usually they have netted at the lowest price to buy in bulk. For the price to be able to arrive at the order they specify by spreading negative issues. Everything they convey, of course, has another purpose. Not really what was said. So we should not be influenced by the issues they spread through social media. This is not only with dump prices, but also with bulls.