Justin Sun wants to buy all the bitcoins held by the German government..

[armanda90]

Regarding Cointelegraph update, The German government holding around 49,858 BTC but recently have sold out and seems not worry about what the FUD make by them. Bitcoin have recovery to $66k since FUD published by Germany government and right now after their bitcoin holding sold out easily for recovering to higher price and near future we can see the ATH possibility of bitcoin price.
Justin Sun not have to buy all bitcoin holding by Germany government after their bitcoin assets sold out, now the dark era when government easily make FUD or bad news have been over and we can't see in the future with Germany government make bad news anymore.

[dkbit98]

Now cointelegraph is speculating that UK government is going to sell all their 61,245 Bitcoin holding following the example of Germany.
If that really happens than we can say this was coordinated  selling of Bitcoin that was ordered by someone, and this won't stop just by this two countries.
Surprising that most of this coins got purchased by Blackrock... and they are certainly not the good guys.
https://cointelegraph.com/news/uk-labour-government-liquidate-bitcoin-holdings

[bitterguy28]

Regarding Cointelegraph update, The German government holding around 49,858 BTC but recently have sold out and seems not worry about what the FUD make by them.

Sorry but what FUD do the german government does? they have sold their bitcoin so how come that this is a FUD?
and also why do they care about anything when everyone does not care when they purchase their bitcoin with risk?
don't you realized how much they  ctually earned from selling these bitcoins in this price?

Bitcoin have recovery to $66k since FUD published by Germany government and right now after their bitcoin holding sold out easily for recovering to higher price and near future we can see the ATH possibility of bitcoin price.

keep calling fun when they are actually acted with manner selling their  coins.

Justin Sun not have to buy all bitcoin holding by Germany government after their bitcoin assets sold out, now the dark era when government easily make FUD or bad news have been over and we can't see in the future with Germany government make bad news anymore.

for me this is actually a good thing that they have sold the government holding so now its individuals to have them safe in their pockets .

[MrSpasybo]

Now cointelegraph is speculating that UK government is going to sell all their 61,245 Bitcoin holding following the example of Germany.
If that really happens than we can say this was coordinated  selling of Bitcoin that was ordered by someone, and this won't stop just by this two countries.
Surprising that most of this coins got purchased by Blackrock... and they are certainly not the good guys.

Following the event with the German government, the price of BTC has recovered to above $65K. This makes me no longer worry about the many FUDs in this market because the market ability to absorb BTC at this time is very good, enough to support BTC price.

I think governments should be more careful when making decisions related to global assets like BTC: selling is very easy, but accumulating is more difficult and time-consuming. If possible, I think Sun can take the initiative to buy back BTC from the British government to "save" this market ^^

[Stompix]

Regarding Cointelegraph update, The German government holding around 49,858 BTC but recently have sold out and seems not worry about what the FUD make by them.

Sorry but what FUD do the german government does? they have sold their bitcoin so how come that this is a FUD?

People have lately been labeling everything that they don't like as FUD!
Were Bitcoin fees high? FUD!
Was Bitcoin down 10K from ATH? FUD!
Are MtGox coins being distributed? FUD!

Nowadays anything that can even a bit hurt the price is labeled as FUD, these are some serious issues with denying reality.

[taufik123]

People have lately been labeling everything that they don't like as FUD!
Were Bitcoin fees high? FUD!
Was Bitcoin down 10K from ATH? FUD!
Are MtGox coins being distributed? FUD!

Nowadays anything that can even a bit hurt the price is labeled as FUD, these are some serious issues with denying reality.

It became the minds of people who panicked too much, and they made all the news as FUD that would destroy the market.
Even though they don't know in detail what happens to the market when the Fees are too high, when Bitcoin drops drastically or when MtGox makes a distribution.

People are too weak to sell when a little bit of bad news comes up,
But when the good news comes out, they are also too FOMO and label all the positive news as FOMO.

[Stompix]

But when the good news comes out, they are also too FOMO and label all the positive news as FOMO.

I remember when there was that fake announcement about Walmart accepting Litecoin, despite even the representative of the company denying it people kept on cheering the price went up by 20% and only fell back in a matter of days but still above the initial. Even funnier a lot of other coins also gained, people were simply buying into the hype like it was the last day.

[taufik123]

I remember when there was that fake announcement about Walmart accepting Litecoin, despite even the representative of the company denying it people kept on cheering the price went up by 20% and only fell back in a matter of days but still above the initial. Even funnier a lot of other coins also gained, people were simply buying into the hype like it was the last day.

It was indeed a hoax that was quite interesting at the time, and some people who were too hyped just believed it.
About Walmart is not a rumor about the acceptance of Litecoin alone but also Bitcoin.

and you certainly remember Tesla accepting Bitcoin at the beginning which made a pretty incredible wave of hype, but in the end Tesla also sold its Bitcoin holdings This became a pretty sad dump moment for those who overbelieved in positive news that was only temporary.

[vegasus]

For now, the price of Bitcoin has relatively risen after the end of the sale and there is also some other good news. We're just waiting for a response when MT Gox starts transferring their Bitcoin to holders. I don't think this will go very badly. The market has experienced this and it's back to above $60 pretty quickly. Yes, we are in an era where the crypto market is in the middle position, not bearish, but it can't be said to be bullish. So, the market will indeed be much more volatile.

It was indeed a hoax that was quite interesting at the time, and some people who were too hyped just believed it.
About Walmart is not a rumor about the acceptance of Litecoin alone but also Bitcoin.

In fact, in 2021, there has been clarification regarding fake news which reported that Wallmart received the payments directly. Even though it's called news, the ethic is related to things that are being hyped, it's like you don't really care about them and instead you focus more and believe in what is fake news. That's it.
Source: https://www.bbc.com/news/technology-58545944

And as time goes by, this news is growing again. Yes, this news is still ongoing. But in reality, Walmart does not accept payments directly in crypto. However, we can buy Walmart gift cards using Bitcoin, this also has to go through other third services, namely Gyft or Bitrefill.
Source: https://materialbitcoin.com/en/blog/who-accepts-bitcoin/

[PX-Z]

It was indeed a hoax that was quite interesting at the time, and some people who were too hyped just believed it.
About Walmart is not a rumor about the acceptance of Litecoin alone but also Bitcoin.

In fact, in 2021, there has been clarification regarding fake news which reported that Wallmart received the payments directly. Even though it's called news, the ethic is related to things that are being hyped, it's like you don't really care about them and instead you focus more and believe in what is fake news. That's it.
Source: https://www.bbc.com/news/technology-58545944

It's scary the fact that crypto people have selective hearing/reading lol on what news they want to believe in. That's why FUD and FOMO is a thing in this space.

[bounceback]

For now, the price of Bitcoin has relatively risen after the end of the sale and there is also some other good news. We're just waiting for a response when MT Gox starts transferring their Bitcoin to holders. I don't think this will go very badly. The market has experienced this and it's back to above $60 pretty quickly. Yes, we are in an era where the crypto market is in the middle position, not bearish, but it can't be said to be bullish. So, the market will indeed be much more volatile.

So MT Gox still not starts transfer their bitcoin o the holders? have been long time and recently any rumor will transfer on the early of July but almost one week left for this month not any update news yet possibility refund of transfer to the holder of their user MT Gox.
The German government news over after all their bitcoin sold and not bad news come from MT Gox only has potential make many people panic although moving the bitcoin assets to other wallet without have decision transfers to their member have waiting almost ten years.

[taufik123]

It's scary the fact that crypto people have selective hearing/reading lol on what news they want to believe in. That's why FUD and FOMO is a thing in this space.

This can be called a Fundamental, as any news related to crypto will affect the market.
FUD and FOMO have become the most awaited moment, the moment to sell with more profit or buy at a lower price.