Amazing how many negative stories about BTC have come out today without a source

[nikolastech]

Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap

[1714853135]

1714853135

[Fesatmas]

in my opinion, the negative story about Bitcoin at this time, is indeed very important as one of the balancers of the ecosystem in its growth. It's not that we have seen how the emergence of bitcoin until now, no less and no more, there are always stories that describe the collapse of the bitcoin market. in Chinese tradition the balance of Yin and Yang must go hand in hand. for that we as one of the two sides continue to race and prove to the world that bitcoin will always be a winner, today, tomorrow and later.

[BrewMaster]

the amazing part is in the number of shorts in the past 24 hours from people who have been desperately trying to make profit from bitcoin falling.
the more amazing part is going to be the amount of money this very same people are going to lose when price goes back up without going any lower than the price they wished it to reach.
that "wish" is the reason for all the negative stories FUD today.

[Poker Player]

Also amazing how many people who were over-levereged got liquidated. People get too greedy and as a result they shoot themselves in the foot. Those of us with don't use debt who own Bitcoin can ride this wave with no trouble.

I've got nothing against using some debt but using a high amount of leverage is definitely too risky.

[Asuspawer09]

Mostly its kinda normal at this time, when the market price of bitcoin is pumping people are just constantly talking about how bitcoin is going to pump at this price or reaching a million dollars or something, and so many price predictions online, mostly are good news about bitcoin to boost and pump the market price of bitcoin.

When the market price is dumping in bitcoin, most are panic selling and news is mostly bad news about it. I guess there are some manipulations where articles and news are kinda also controlled so that investors or companies could buy the cryptocurrency at a cheaper price make in the end make that profit.

It doesn't actually matter a lot in some individuals as long as you could with the movement of the market and sell when the market is green and buy when the market is red.

[fiulpro]

The price have definitely fallen a little but it's not too much. We have seen much more ups and downs. This seems to be a simple case of market manipulation. Which most people do understand and are not selling. We are still more than 60k which I do think is already a big achievement. Therefore these things are coming from people paying the news companies so that they can benefit from it.
Do not give it much thought. Things like that are really common and we should realize that by now and keep holding. Even if it goes beyond this price it's an excellent opportunity to buy. So if you do have BTC already then keep holding and if you do have some fiat then buy some BTC and hold them , simple and if you are doing none of the above then be careful and make sure fud's don't spread.
it's all about your individual approach and your trust in BTC itself.

[Stalker22]

It is really sad to see so many people, who don't have a clue of what bitcoin is, attacking this coin. This is just another example of how social media has shown it can be used for good and for bad. To be honest it seems like the one thing BTC media is good at is spreading negative stories.
I really don't think it was just coincidence that the BTC downvoting and all the negative comments happened today at the same time. Perhaps that is why the positive voices are so few and far between.

[eaLiTy]

Amazing how many negative stories about #bitcoin have come out today without a single named source
Time to buy cheap

Other than the tweet that says there is a lot of negative news that are coming out what are the negative news that popped up in the last 48 hours. I do believe that the power outage in China and the subsequent hash rate drop has everything to do with the market correction but other than that the main rumor i heard was the crack down planned by the US treasury on money laundering.

 

[Streets 2.0]

I think the main lesson that can be learned from the past day, which can hardly be called a "black resurrection" is that rumors are sometimes stronger than objective and verified information. And bitcoin itself is already very much dependent not on the actual indicators of the cryptocurrency economy and ecosystem, but on ordinary speculators, as in other financial markets. In general, this is rather sad but not tragic at all. We all learn sometimes from mistakes to learn more useful than from successes. So we do not lose heart and are optimistic about the future.

[tabas]

Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

They're putting stories to drown the prices so they can get it for a very cheap price. That's very usual in the crypto market whenever there's a drop, there will be riders who would make themselves a favor by doing such.

Time to buy cheap

Yes, as usual, this is the time to buy cheaper bitcoins.

[harapan]

Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap

This is similar to everything that happened in the previous bull markets like that of 2017. Halfway through the trend, series of negative news started to popup every now and then about Bitcoin that triggered several market dumps and the funny thing to even reason is the fact that altcoins would follow Bitcoin in digging a hole with dips. I will try to put some money together which I can use to buy some bitcoin and hodl for the next leg up.

[Dannaey]

This happened few years ago. I guess they are all wanting to buy and hoping that Bitcoin will dump. So they are spreading negative news about it to manipulate the price. But then, after the dump yesterday. Still many have saw this an opportunity to buy more. And look at the market today, we are recovering slowly.

[Darker45]

The negative stories always go alongside the positive ones. This is not a problem at all. If you give more attention to the positive stories you will be bullish despite all these never-ending FUDs. And, well, Bitcoin's strength grew during those times when almost all stories about it are negative. There is no reason to fear and doubt now. If you do, Bitcoin doesn't care and will continue to grow.

By the way, are you the real @scottmelker?

[LogitechMouse]

Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap

I have watched a video on Youtube hours ago and the amount of money liquidated in the past 24 hours is 300 Billion.
Take note there is a negative story that just spread in the internet and it doesn't have a source and yet this amount has been liquidated.

On the other hand, I took this opportunity to accumulate more Bitcoins. I bought some and then hold it or possibly sell it and will take some short term profits. As a contrarian, you should be taking opportunities like this and try to buy as much as you want as long as you have money because we see negativities in crypto as opportunities and I hope that there will be more investors who will think like this.

If you are planning to long term Bitcoin, this might be a big opportunity to buy. Buy it when its cheaper and sell when its expensive .

[romero121]

These stories were part of the traders and newcomers trying to make short term profit. Now the sudden decline in the market have caused a big disappointment and the outcome are these stories. Once again the marketcap have begun to increase, but this time it looks like the bull trend for the altcoins. Maybe after a small break the market of bitcoin will progress slowly.

[cabron]

Also amazing how many people who were over-levereged got liquidated. People get too greedy and as a result they shoot themselves in the foot. Those of us with don't use debt who own Bitcoin can ride this wave with no trouble.

I've got nothing against using some debt but using a high amount of leverage is definitely too risky.

So the reason why I'm not getting into the Margin and Futures market. If there is just something else to do is just to buy and hold for a long time unless you need to sell for cash.

Felt sorry for those who risk going long while the market suddenly crashes because of the hash rate due to blackout in China. The market still is very easy to manipulate with just news that will affect the price.

[DapanasFruit]

There will always be FUD around Bitcoin and the whole cryptocurrency industry for that matter. I am not saying that these fake news can be positive, but one reason for this phenomenon is the fact that Bitcoin is now getting really valuable and many players are exerting any influence they can to push or downplay its value for their own personal interest. The kind of dynamism involved with and in Bitcoin is telling us that more and more people are getting interested with this digital asset and with the coming in of institutional money there is no stopping its train. We have to remember that FUD will most likely targeted on something that has real value and not anymore that is worthless.

[Reatim]

Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap

How can you blame them?

Some of them are looking for Re entering so they wanna flood the market with negativities .

Some of them are Weak Investors that seeking for other opinion to what to do in this bearishness .

But the problem is that there is no even concrete Issue of what is going on , Why the market suddenly becomes Bloody red and where does the bad news comes from.

[iram3130]

I too feel like its trick which financial services used to do in the early days, when they wanted to get into something, they just announce that the item is not worth the price and quality/features are very bleak. The institutional buyers are getting into crypto everyday now and it will be more harder to spread these FUDs. Also the heavy players like Microstrategy are here to stay with buying crypto in every dip.

[hd49728]

Amazing how many negative stories about #bitcoin have come out today without a single named source

News are on the media and are distributing to create hype and FUDs. Price is affected by hype and FUDs. I wait for more bad news in upcoming weeks. The chart reflects the fact that market will be in the period with bad news as supports for price corrections.

Beware of some truth: corrections are vitamins for growths, news are supports for corrections.

Time to buy cheap

Yes time to buy but don't remember to take profit. Take it when you can before it is too late. Profit will become loss if you don't take it.