Some notice it track the FUD in BTC.
lately, I'm a bit concerned because it looks to me FUD leverage from time to time. It must be always higher, wider, and more dangerous. The End was always here.
The Run was nice then Tesla, Elon, China, Tether, Double spend fake news, FBI hacks and so much more happen. In the last 9 Weeks was FUD spreading on the highest level.
I don't track the youtube space, but as far I can tell they catalyst FUD by factor 10 again. With more misinformation and stupidness. And i don't even start to talk about Tiktok, Instagram and so on.
After the Tether FUD, which becomes viral, now we have the Binance FUD.
https://twitter.com/CryptoWhale/status/1415001590415740936
- CryptoWhale
In the past month, Global regulators have issued stark warnings to over 100 million people regarding Binance.
As a result, we’re witnessing prices tank, withdrawals being banned, and executives resigning.
It’s only a matter of time before Binance fakes a “hack” and exit scams.
And yes this retard has 250k followers. He grows with FUD in the Bullrun from 40k Follower up to the 250k. This is really interesting because most Bulls don't get this much attention. FUD is sexy. Average Joe loves the end of the world.
My perspective:
There was never a reason to don't trust binance ( for me personally). Withdrawl and deposit always work and is fast. Order execution also works.
Also, some crypto news sites pick that topic up. Why? IMO there would be never a reason for Binance to do something shady that destroys reputation a lot ( remember the fork Steem/hive? = free listing there). They make a bazillion in Revenues each day. They are the biggest net seller of BTC. So why they should destroy that? Same IMO for Tether. Even if it starts out as a scam, there are no reporting people cant withdrawal their funds to fiat. So no problem right?
Next is Elon FUD
https://twitter.com/bluewalletio/status/1414908931902779394
- bluewalletio
WIP Construction sign
Let us introduce our new Lightning implementation.
Powered by Lightning Dev Kit (LDK), a flexible Lightning implementation written in Rust.
In this demo we gonna look in to opening a channel from an offline and airgapped device with PSBT (singlesig/multisig).
https://twitter.com/elonmusk/status/1415092143207731205
- elonmusk
That's so retarded. Why he ever invest in Crypto :) Is like if we ask hive front ends if they have a money transmitter license.
Random bars, random correlation, Random prediction.
The only thing I see Bitcoin Bullrun would be at the end is a China FUD 2.0 in Western countries banning mining and BTC ( it doesn't need to be true, FUD you know) or something else ridicoules.
Or maybe Saylor or another of today's Big crypto Influencers does something crazy. It would doesn't matter a lot if he sells, only 1.5 Billion. IMO the market would absorb it if he sells over some days without any problem. It would be more he sells and then spread FUB about BTC.
Also I think if BTC would hardcore bust, it would be the best time for legit altcoins we ever seen. Altseason reloaded.
Also, the most Bullish fact is, after all this fud and bullshit Bitcoin traded over 30k. Not 3k or 1k or something
Some fact:
And it is higher today, you maybe notice. if not feel free to shop in my store for some Food :)
IMO Bullrun is far away from over. We are now at the time people are scared to do anything. Not only in crypto, in every market.
Inflation fears, Economy crisis fears, and so on. People stay at the moment flat. No hype at all. This change with the next waves.
IMO we will see next 1-20 weeks a massive upside shift ( no financial advice) and the return of Bullrun. Then we see again positive news, 'utopia, Fomo, Super FOMO, FUD, more FUD and so on.
It could also happen in 2022. Some expect it there.
Be careful what you do and don't do it because of fear or panic.
Like always, have a nice day and be careful
