China FUD Vs Amazon FOMO! (+ Welcome Back Kenn)

in #cryptocurrency7 years ago (edited)

Hey guys,

So in todays sunday video after i welcome back @kennethbosak youtube channel if nothing else, i discuss the different reactions observed between recent FUD and FOMO news.

When we all first heard about China it was mearly speculation and rumour fuelled. Yet the market reacted then looked into it. We now know exchanges will shut, but (unless ive missed the news) Bitcoin Mining and the network are not being banned.

Now we have a vauge speculation article about Amazon accepting bitcoin for payment. This time the market didnt react and everyone called BS instantly and "Fake News"

I find these reactions interesting and suspect an inherent human need for bad news and misery.

Controversial and negative news sells across the board. From mainstream to crypto. But why?

Anywho thats kinda what im trying to angle at in the video. Hope you enjoy :)

Have a great day and Steem on!

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Great enjoy a lot want to see more of this in future. @skiveuss

I shall try! Thank you :)

Thank you for spreading positive news. So many people talking smack.

Just trying to level the field. It may be total BS but the idea of amazon accepting btc would be amaze balls and a gateway for more cryptos into the mainstream :)