The 1 Bitcoin Show- Tether FUD sets off weak hand panic, crypto power rankings gimmick, email scam

in #bitcoin7 years ago (edited)

A fake news story about Tether causes all sorts of crypto panic and weak hands sell. Rookie mistakes all around that vets are laughing at. I have been through this before. Have a strong hand. Instead of gambling on the Super Bowl you should buy and hold Bitcoin. More mining competition thanks to Samsung! Always be alert when it comes to scams and emails you receive. Crypto-ratings are glorified power rankings type of gimmicks. A way to keep Zclassic relevant?

https://www.gamekings.tv/

https://steemit.com/bitcoin/@cryptoeagle/become-a-crypto-millionaire-with-this-investing-strategy-app-updated-1-29-2018

~~~ embed:958405751810113536 Weak hands are scared. twitter metadata:U2F0b3NoaUxpdGV8fGh0dHBzOi8vdHdpdHRlci5jb20vU2F0b3NoaUxpdGUvc3RhdHVzLzk1ODQwNTc1MTgxMDExMzUzNiAgV2VhayBoYW5kcyBhcmUgc2NhcmVkLnw= ~~~
https://www.bloomberg.com/news/articles/2018-01-30/crypto-exchange-bitfinex-tether-said-to-get-subpoenaed-by-cftc
dec 6th
Bitmain mining equip competition- ~~~ embed:958287126415593472 twitter metadata:aWFtam9zZXBoeW91bmd8fGh0dHBzOi8vdHdpdHRlci5jb20vaWFtam9zZXBoeW91bmcvc3RhdHVzLzk1ODI4NzEyNjQxNTU5MzQ3Mnw= ~~~
Scams- https://fried.com/crypto-scam-checker
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Hey Adam, you say it's easier to go to BoA to get money than sell btc for fiat -- but I earn 100% of my income, and store 98% of my money in crypto, so, the real crypto maximalists, do have to sell for some things, some times -- keep in mind :P There is no Fiat in my BoA account until I sell my BTC ;)

That is awesome, but it does not change the fact that it is easier to go to BOA and get fiat then it is to sell your crypto for fiat on Coinbase and then hope they wire your bank your fiat in a timely fashion. I have never sold crypto for fiat and hopefully I never will have to even after 2020. You value your wealth in Bitcoin just like I preach so good job.

This is true, but I use Bitpay -- 1-2hrs usually ;) 10k/day USD max limit :P

There have been so many fake news stories about crypto as of late, its hard to trust any source of information these days. Even the faces I have come to trust on youtube, I have started to turn a blind eye too. Trust no one.

Indeed! Yes take time to make sure what you are reading is true! Most crypto info out there is fake.

iamjosephyoung Joseph Young tweeted @ 30 Jan 2018 - 10:33 UTC

Samsung (Yes Samsung) has entered production phase of ASIC miners and mining equipment specialized for bitcoin and… twitter.com/i/web/status/9…

GKBoris Boris Gamekings tweeted @ 30 Jan 2018 - 12:17 UTC

Awesome talk with @TechBalt in Taipei!!! https://t.co/73acP4AZ3W

iamjosephyoung Joseph Young tweeted @ 30 Jan 2018 - 19:35 UTC

Thanks @nathanielpopper for clearing this up. Tether subpoena happened in December 2017, not this month. Its old ne… twitter.com/i/web/status/9…

WhalePanda WhalePanda tweeted @ 30 Jan 2018 - 18:22 UTC

Also keep in mind that if people want to exit tether they actually need to buy #Bitcoin or other $crypto. 🤔

SatoshiLite Charlie Lee [LTC] tweeted @ 30 Jan 2018 - 18:25 UTC

@VinnyLingham Weak hands are scared.

Disclaimer: I am just a bot trying to be helpful.

Listening to Tone Vays nowadays makes one feel normal of the fall in Bitcoin price.

All i have to say pound that like button!! 👍🏼124BFC44-F8CC-4EE3-8B70-D6FFBC83B7F9.jpeg

Keep up your art and pound that like button!

blows my mind how people follow like little sheep

It used to amaze me, now I realize the mindlessness of the 80%. All part of growing up and experiencing life- the good and the bad.

So much Fud at the moment seems to be 10 negative stories to 1 positive although NEO seems to be booming

Great podcast this was on YouTube. As you were talking about the price reduction in BTC, and weak hands selling on the panic, I was thinking, "Keep selling people, I want to go shopping". This morning I got to buy a little Bitcoin at a discount, Thank you all!

Indeed! there is a sale on BTC!