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A whale put 30,000 BTC up for sale at $300 each and the market eventually bought them all. Years later, BearWhale explained what happened (they fell victim to FUD)".
I came across this interesting story on twitter and i followed it to the main source, links include.
So this guy practically dump 30k btc base on FUD he claimed he read on social media like reddit and
bitcointalk.org Which includes:-
*The block size limit of 1MB was a threat to bitcoins future
*Satoshis vision was unlimited block sizes
*Gavin was ousted by a cabal of self-interested engineers, a.k.a. Blockstream
*Blockstream took control of bitcoins source code repository
*
Theymos colluded with Blockstream to censor block size increase discussions*The subreddit r/bitcoin heavily censored block size increase discussions
*Blockstream wanted the block size low to promote its proprietary Lightning Network
*Gregory Maxwell was a bad actor and Luke-Jr was a religious nut
*The market agreed with the above, leading to the then-decline in price towards $300.
And what is more surprising according to the article is he didn't sell during the MtGox saga. However could not resist to sell after reading all kinds of FUD post about btc.
The point is - everyday btc battles all kinds of fud from haters or bad intent people but never allow such fud to lead you to sell your coins. I believe this Bearwhale is seriously regretting his action after seeing the performance of btc price long after he sold.
I highlighted the Theymos part because am not aware of such post.Find the complete full story in the below reddit link
Reddit LinkTwitter LinkPlease do share your thoughts...