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Author Topic: It's not fud, but you can learn from this tweet & chart. Be careful with news.  (Read 744 times)
tbct_mt2 (OP)
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October 09, 2024, 02:05:11 PM
 #1

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.

 
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October 09, 2024, 02:25:07 PM
 #2

I'm pretty sure the markets would've reacted somehow (depending on the person, still alive or not, etc.) if there was at least some sort of proper evidence which doesn't seem to be the case here at all from what I read on X.

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October 09, 2024, 03:21:24 PM
 #3

I'm pretty sure the markets would've reacted somehow (depending on the person, still alive or not, etc.) if there was at least some sort of proper evidence which doesn't seem to be the case here at all from what I read on X.
That may be true and it may not be true. We might think the market would react but nothing might or might not have occurred. But it is good how Satoshi stayed unknown to people. It makes bitcoin not to be controlled like those altcoins developers have influence on the coins they created. Those that think they can reveal Satoshi are only deceiving themselves. Only what can let people know Satoshi is when Satoshi himself want people to know.

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October 09, 2024, 03:54:39 PM
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 #4

Some weak hands already sold their coins because they believe with that tweet, but guess what, after 2 hours HBO launch the documentary, Bitcoin price went rise instead of decline. There's nothing we need to worry about, even Satoshi going to jail, it didn't stop the blockchain.

X aka twitter is full of conspiracy and random person who bought blue ticker in order to be recognized by the public.


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October 09, 2024, 05:20:49 PM
 #5

While I am not a very smart person, even I found so many mistakes in the thinking that went to this tweet chain. Some people just want clicks and they write clickbait stuff to convince you and people do read it, hell I read it now.

But we give them what they want when do it, we do not have to argue against them, they don't care, they do not want to be right, I mean it would be lovely if they were right and get clicked at the same time, but they just want the clicks, the rest is a bonus. Believe me, nothing like this will happen, the price will not move much, there will be some lies about it in the doc, and we are going to see people prove why it's wrong and we will move on with our lives like that documentary never happened to begin with.

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October 09, 2024, 09:19:53 PM
 #6

That may be true and it may not be true. We might think the market would react but nothing might or might not have occurred. But it is good how Satoshi stayed unknown to people. It makes bitcoin not to be controlled like those altcoins developers have influence on the coins they created. Those that think they can reveal Satoshi are only deceiving themselves. Only what can let people know Satoshi is when Satoshi himself want people to know.

The market reaction will seriously depend on the type of news because bitcoin market isn’t like other Altcoins that can be easily manipulated, you the market sentiment or rather people sentiment to change to have a change in the market, so even if Satoshi is to be announced today it will depend on how the bitcoin community responds to the message. Funny enough Satoshi is looking more sacred that even if he comes out to announce himself people will still regard him as fakestoshi. The market reaction today signifies that it is the community that actually controls the market majorly even if there is manipulation it is very low that it can be ignored

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October 09, 2024, 09:53:43 PM
 #7

Some weak hands already sold their coins because they believe with that tweet, but guess what, after 2 hours HBO launch the documentary, Bitcoin price went rise instead of decline. There's nothing we need to worry about, even Satoshi going to jail, it didn't stop the blockchain.

X aka twitter is full of conspiracy and random person who bought blue ticker in order to be recognized by the public.


Ultimately the bitcoin community and holders are not as weak as those who believe in the film think. And I think now we no longer consider anything important other than the bitcoin system which creates freedom and transparency in the world of digital finance. Everyone is more focused on the decentralized system which has managed to amaze everyone who studies it. And even in this forum we don't even talk much about who the real person behind the name of Bitcoin's creator is. But talking about the Bitcoin system itself is much more interesting to talk about and has created more topics that are discussed at length here.
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October 09, 2024, 11:15:18 PM
 #8

I really wonder who could easily get fooled by the documentary. I haven't watched it yet. Maybe I will just watch it for fun, but if they can't even get to the  most important thing such as signing a bitcoin message from one of those Satoshi related addresses, then the documentary is as good as useless.
Perhaps they just created it with hope they will get viewship from clueless users or even try to manipulate the market, but that is not going to happen from the look of things.

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October 09, 2024, 11:32:44 PM
 #9

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.
I have struggled to read your post as something that is not fud but no matter how I try, the post kept coming to me like a fud. What the who things is all about is like setting the stage for the bull run. In trading, I was thought to act against the retail traders and follow the big money who feed the people with news that will make them panic while they plan to do the opposite of the retail traders. So the HBO drama might just be a way of instigating the weak hands to act irrationally so that they can collect their Bitcoin before pumping the price to high heavens. My simple advice, hold on to your dear BTC.

R


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October 10, 2024, 11:47:35 AM
 #10

OP, if that's the actual reason, OK. The market probably doesn't like Peter Todd to be Satoshi Nakamoto. But what if in a few days Bitcoin started surging? Does that tell us that the market changed its mind and has started to like Peter Todd as Satoshi?

¯\_(ツ)_/¯

We're probably fooled by randomness, no?

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October 10, 2024, 05:23:09 PM
 #11

I really wonder who could easily get fooled by the documentary. I haven't watched it yet. Maybe I will just watch it for fun, but if they can't even get to the  most important thing such as signing a bitcoin message from one of those Satoshi related addresses, then the documentary is as good as useless.
Perhaps they just created it with hope they will get viewship from clueless users or even try to manipulate the market, but that is not going to happen from the look of things.
The cryptocurrency market and its investors, specifically Bitcoin investors, have matured to some extent now, and unlike old times, such things don't affect the market too much because people, at least the majority of them, understand that these are nothing but tactics to spread FUD and disturb the flow of the market. Who knows what the motive of its creators is behind it, maybe you are right that they have thought since Bitcoin is a trending topic these days, the documentary will garner a lot of views.

I am sure a lot of people must have sold their holdings only after reading such tweets and posts from people, but those are people new in the market because someone who has spent some time in the market would know such things are not going to affect the market in the long run and there is no point in selling because of these.
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October 10, 2024, 05:36:02 PM
Merited by Wind_FURY (1)
 #12

OP, if that's the actual reason, OK. The market probably doesn't like Peter Todd to be Satoshi Nakamoto. But what if in a few days Bitcoin started surging? Does that tell us that the market changed its mind and has started to like Peter Todd as Satoshi?

¯\_(ツ)_/¯

We're probably fooled by randomness, no?
I created this topic, not to fud, but to give people especially newbies a warning that they must be more cautious and careful with random news and price prediction like this.

Price will rise or fall, pump or dump, who can know it with 100% accuracy. And a dumping chart like this does not fit for Bitcoin that is not a dump coin like altcoins and meme tokens.

I really wonder who could easily get fooled by the documentary. I haven't watched it yet.
If they are fooled by information in the documentary film, it's not bad but the bad thing is if they are fooled by posts on X like one shared in OP. It is more related to their money and action with their money. You can read or watch whatever things for fun and entertainment or curiosity, but if you let them affecting your decisions, it's bad because you will lose your money by emotional bad actions.

 
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October 10, 2024, 05:55:55 PM
 #13


There's got to be something behind this documentary, HBO is a big company with a reputation and they just convince the channel to publish such a documentary without verifying what is said inside that film. We already know Craig Wright had been claiming shit back then and I suppose the man had fooled some people at least some believe in that BSV that is still alive today.

Whichever the trend goes when the film is released, there has got to be some purpose for publishing this. Otherwise, they are just completely disappointing people adding to the distrust that younger people feel about mainstream media

But that chart could be true actually, Satoshi being revealed could mean his coins are at risk.

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October 10, 2024, 07:43:38 PM
 #14

Well, after a news that almost skipped my heart in 2022, I just learned not to even allow any sudden news have any impact on me unless I have very it to be true. That 2022, there's a news that real Satoshi has been discovered and that it's going to be an end for Bitcoin. What came to my mind after that news was that, "does it means that the era of crypto has come to and end?" Because I know that if any happens to Bitcoin today, it's going down with every other crypto unless the ones that will be highly regulated by the Fed.

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October 10, 2024, 08:39:05 PM
 #15

This ridiculous documentary about revealing the real Satoshi is just a tempest in a teacup for publicity, to gain some fame and perhaps to manipulate the market.

But as it turns out, they failed miserably. The makers of the documentary achieved nothing but disappointment and shame because the result was ridiculous. The film was widely condemned by the Bitcoin community, with some describing it as “disgusting” and not based on solid facts. HBO lost some of its credibility as a result of showing the film.

It is also clear that the market was not affected by this alleged film, which received much more attention than it deserved.


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October 10, 2024, 09:31:22 PM
 #16

Like everyone else said, real satoshi will not be named, and HBO is lying, and they did not find who the real satoshi is, and this is why the price will not crash. Hell the price wouldn't crash that much even if they did, Satoshi would have to sell his million or something to make it go down, but at the same time satoshi coins are burned out and gone, so even if they found satoshi, even he wouldn't be able to sell it, but that's irrelevant because they didn't.

Everyone already knows this, and this "it is not fud" but it's fud thing is old school and annoying, this isn't aimed at anything but creating fud and it will fail because it will not cause any fud at all. Trying to find some conspiracy to make the price go down so you could get some clicks is something people used to do back in the day and the yare still doing it and it's becoming annoying to me. I believe we shouldn't be falling for these kinds of tricks and should be checking only the truth.

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October 10, 2024, 10:47:51 PM
 #17

I actually read a different news about HBO documentation and this user advised the holding of bitcoin firmly since its guaranteed bitcoin price might increase after the revealing of Satoshi but guess what? Stories like this are false. People just voice out different opinion ever since HBO started this whole drama but it’ll be best they get little attention so we can all think proper and focus more on positive thought about bitcoin. If I should ask I had this thinking about HBO and their thought not being able to control the market now they can actually come up with something else or what’s their motive. 

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October 11, 2024, 07:58:01 AM
 #18

OP, if that's the actual reason, OK. The market probably doesn't like Peter Todd to be Satoshi Nakamoto. But what if in a few days Bitcoin started surging? Does that tell us that the market changed its mind and has started to like Peter Todd as Satoshi?

¯\_(ツ)_/¯

We're probably fooled by randomness, no?
I created this topic, not to fud, but to give people especially newbies a warning that they must be more cautious and careful with random news and price prediction like this.

Price will rise or fall, pump or dump, who can know it with 100% accuracy. And a dumping chart like this does not fit for Bitcoin that is not a dump coin like altcoins and meme tokens.


Plus anyone could post a chart and put some text of "cause of dump here" from the moment the price started going down. It could be Israel invading part of Lebanon, it could be something that a politician said, it could be any narrative they want.

But what we should actually be doing is keep looking for ways to earn more fiat, and buy those small DIPs and get more units of Bitcoin for the same amount of fiat.

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October 11, 2024, 11:48:16 AM
 #19

Plus anyone could post a chart and put some text of "cause of dump here" from the moment the price started going down. It could be Israel invading part of Lebanon, it could be something that a politician said, it could be any narrative they want.
Narratives used by Jamie Dimon, CEO of JP Morgan and Bitcoin ignored his fud to continue its growth with time.

Jamie Dimon is a famous person but I did not know about the X user with that post. If people can believe in a X user like this, they deserve to lose money.

Dimon’s many regrets about Bitcoin.

Quote
But what we should actually be doing is keep looking for ways to earn more fiat, and buy those small DIPs and get more units of Bitcoin for the same amount of fiat.
With knowledge about Bitcoin, we will have stronger belief in its future, and we will take Bitcoin dips for purchasing and accumulating more bitcoin with same capital.

 
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October 11, 2024, 01:05:05 PM
 #20


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.


Why is Bitcoin being dumped over a trashy HBO movie? What I see is that they are just trying to create Fud by making the baseless conclusion that Satoshi is Peter Todd, a living person and they are just trying to create Fud that Satoshi can sell his bitcoins at any time.
Honestly, I haven't even watched this movie because I was convinced from the start that they were just talking nonsense. Even the FBI has been investigating Satoshi's identity since 2010 and they have failed so far, so it's ridiculous that HBO knows about it.


By the way, this chart has nothing to do with altcoins or memes as the HBO documentary never mentioned or had any connection to them. We also don't need to use this news to mock altcoins because not all altcoins are scams and have such charts.

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