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Author Topic: GrayScale13th is supposed to be a big sell off say  (Read 71 times)
Handpari
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July 13, 2021, 06:05:33 PM
 #1

Talked to all my friends in my CRYPTO Circle....

Apparently the consensus is that Bitcoin/Ethereum/ Crypto will be bleeding from selling / dumping for another 7 days....

For whatever reason, the 13th is supposed to be a big sell off say (not sure why).....

Buy Grayscale, a company who owns 3% of total BITCOINS is suppose to have a lot of their customers selling on the 17-19th of July.....

My group is predicting a pretty MASSIVE CRYPTO SELL OFF from now 7/12-7/19......

SELL, SELL/REBUY....Do whatever you gotta do.....It's gonna get messy here for we think at least 1 week.

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July 13, 2021, 06:20:30 PM
 #2

Are you indirectly creating fud to get people selling so you and your team can buy low! Because that's what this your post implies,  anyways whatever happens from now till end of July is nothing most people in crypto haven't seen before, it is not new, while others are busy panic selling, some are taking advantage of the cheap price and buying as much as they could,  between I still don't get why will Greyscale customers will be selling off the crypto assets, is there a particular reason for it?

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July 13, 2021, 07:01:30 PM
 #3

Can you provide the source of info about Greyscale and how its members are going to dump and crash the market? If there is any maybe you should presented it here, besides this actually looks like a fud than a warning, Greyscale are institutional whales and if their members are thinking of selling for whatever reason that will be a huge dump so I hope this information of yours is not valid and such thing won't happen.
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July 14, 2021, 03:12:32 AM
 #4

The news about Unlocking GBTC does affect market psychology, most people think that there will be a huge flow of BTC entering the market and causing the price to go down, but in reality it is not like that. but still have an impact on the market due to lack of understanding of GBTC. Keep in mind that what is unlocked is GBTC shares.
For a detailed explanation, you can read this article https://medium.com/coinmonks/the-final-gbtc-unlocking-4c8bde052b3e
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July 14, 2021, 07:36:01 AM
 #5

Looks like it is really happening. Bitcoin is dropping a bit on this day but we're still far from the date that you've given.

Can you provide the source of info about Greyscale and how its members are going to dump and crash the market?
He said that it's just from his crypto circle of friends and that's what he can't provide. What we're unsure is about the sell-off of Grayscale customers on that specific date, I don't know much about this platform. I only knew them as a company that has been buying bitcoin many times.

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July 14, 2021, 05:05:52 PM
 #6

I do not agree with you everyone has a different perception to see the market and one can not make a decision if one group is saying the market will bleed for 1 week time. Nobody can predict the crypto market perfectly. My mantra is just to hold and do not be a victim of panic selling. I believe the market will move in some range or can say consolidate and I do not want to react to your group prediction and I just want to remain optimistic because I believe in the potential of the crypto market so guys keep holding tight and do not trap by others advice.

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July 14, 2021, 05:33:18 PM
 #7

Do you guys know "prediction" mean?

Then, could be true but also could be wrong. IMO there is no solid proof GrayScale is gonna sell a lot of bitcoin, always try to think and research first never taking some fundamental/technical from some random person. Even you know him, you should try to always research by yourself. This kind of news just reminding me on some wallet on era Satoshi wake up sell 50 BTC and then some media or fud talking satoshi is gonna to sell his bitcoin bags.

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July 14, 2021, 07:47:47 PM
 #8

From the looks of it the group was very wrong, things are looking alright. Bitcoin is at the 33k mark or so right now and that matters a lot, we are talking about something that is very valuable because if we do not look at the current situation then yesterday was very good as well, it is just staying same.

All of these "x going to happen, I talked with Y about it" is just pure fake, there is nothing that you could do to make it happen, I personally believe that we should not be listening to other people, it is just that if we do not end up ignoring these type of people, then we are talking about getting a huge lose just because we listened to someone online who we never met before. So far I have been in crypto for over 8 years and I have made a lot of trades and investments and I can say that not even a single one of them was based on someone else telling me to do something.

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July 14, 2021, 08:03:47 PM
 #9

My group is predicting a pretty MASSIVE CRYPTO SELL OFF from now 7/12-7/19....
Now, it is 7/14 but I didn't see very massive selling in crypto market. In my view, the current dump is still not very significant, which means it is not more massive than the previous dump several days ago. So, I am worried the prediction to be wrong. However, it is not really what we expect for a bigger dump to come again as we already experience a huge dump previous months ago.


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July 15, 2021, 01:55:17 AM
 #10

My group is predicting a pretty MASSIVE CRYPTO SELL OFF from now 7/12-7/19....
Now, it is 7/14 but I didn't see very massive selling in crypto market. In my view, the current dump is still not very significant, which means it is not more massive than the previous dump several days ago. So, I am worried the prediction to be wrong. However, it is not really what we expect for a bigger dump to come again as we already experience a huge dump previous months ago.

It's because there are no effect in the price, it's already price in. And think about it, why would institutions sell at the price that they bought it?

The media is just trying to make some noise about it, and maybe they have their narratives behind, to pull the price again so that they can buy cheap bitcoin. But it's not going to happen because there will be no incoming dumps. The OP is just trying to make FUD here.

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July 15, 2021, 02:56:29 AM
 #11

It is unbelievable you are talking of a consensus and yet you are not even mentioning at least 3 analysts or groups of traders that agree with your prediction.

But I still want to know why your group is predicting of a massive crypto sell off within the week. Do you care to share your basis on this? Is it based on rumors or inside information? Is it based on how your group is reading the charts? Without saying anything why, you are only a FUD-maker here.

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July 15, 2021, 03:20:19 AM
 #12



We can be in for some little surprise by next week when there will actually no bloodbath on Bitcoin and instead there can be a mini pump. I don't believe that there will be an avalanche of big holders that will dump their coins into the market - at least not at this price. If these people can hold for 6 months then they can hold a little more. Of course, am just predicting of my own and as to what will actually happen that can beyond our own control.

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