Post
Topic
Board Trading Discussion
Re: It's not fud, but you can learn from this tweet & chart. Be careful with news.
by
shield132
on 13/10/2024, 08:40:11 UTC
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.