So I will share with you the following facts from my observations:
1. You all know that the event started with a delay of 5-6 minutes
2. Video because of which allegedly there was a delay so it was not published on any resource (we can conclude that it simply does not exist)
3. The beginning of the event is 19:00 UMT
4. Everyone expected that in this video the release date of Beta release will be called or that it is launched at this moment and in anticipation of this news the price grew
5. We open the LBC/BTC chart and see that the first major sale occurred exactly in the first 5 minutes of the event (just 5-6 minutes everyone was waiting for the beginning of Jeremy's video appeal).
https://i.imgur.com/HStdfPX.png As you can see, there are all signs of insider trading (it's worth noting that this is illegal in the US), but we can not say that this is really so. Because someone has to admit it (and there are no fools to admit it). I do not want to say that the delay was due to the fact that Jeremy was desperately selling his LBC. But it is obvious that someone with insider information about the next delay in the release of Beta sold coins for almost 97.3 btzc (~ $ 255000) knowing that there will be a drop (this is evident when the Beta release is postponed), while everyone was waiting for a sharp increase. It is obvious that someone close to LBRYteam having information made the sale at the peak.
Those who participated in other video calls with project developers (NXC for example) then I know that the sales / purchases were based on the information received and not until the news was received. I also saw in one of the videos from the blogger that LBRYteam can sell their pre-mine, I do not think they sell it, BUT now I think that something like this can happen because the facts are still bad.
In general, if in a nutshell: someone knew that the event would be bad on the event and sold $ 255,000 on our head (yes, I also suffered a loss of almost 50% as a result of the price decline). It is obvious.
In total, it was sold for more than 500 btc ($1.3 millions) during the event.
https://i.imgur.com/RQtYJt3.pngOn this sad note, I stop investing in the LBRY until there is clarity about this trade. I said yesterday & today that I intend to sell my $lbc while I have a profit. Thanks to the latest course jumps that allowed me to smoothly exit in the 21-25k interval.
Perhaps I will not be able to make a profit now as a result of some growth, but at least I will be distant from possible fraudulent manipulation.
