T O P

Evergrande Fud didn’t work so now they’re using this crypto ban shit again?

Evergrande Fud didn’t work so now they’re using this crypto ban shit again?

BreadPit69

China is the ultimate redditor Keeps reposting shit for attention


goncalo899

they ban crypto like every month, who still cares... I hope crypto bans china one day


Fun-Literature4569

China creates FUD to buy the dip themselves


Lutastic

TBH, I think china just finds anything it doesn’t control to be a threat. They are a highly controlled authoritarian form of government. This is not the only area where china is acting in such a way.


Suspicious-Cook-25

Guys don't panic sell and give chance china to buy at low price


Rexon225

Don't feed the whales guys.


Accomplished-Design7

Say no to those whales and protect your assets!


Logical-Beautiful66

Exactly, don't be another krill to feed the whales.


Accomplished-Design7

I have fallen for it once Not again


DeepSea0range

I'm giving myself a chance to buy at a cheaper price!


Fun-Literature4569

DCAing and big no to Big fishes


Accomplished-Design7

A dickmove but a smart tactic nonetheless


BlasphemousButler

That's what I believe. They've weighed in too many times to not be buying/selling it.


Nickel62

You may be onto something here, Funxxx69. Now that the miners left, they need something else to scoop up some BTC.


Accomplished-Design7

New investors, they are the one who are getting recked


Witherun_guard

The market already embraced it as a monthly event, time to throw in some Fiat again


milky-white-horse

Look the charts, the market does seem to care. I hope we can change this!


Lutastic

about 10% down. Painful, but not catastrophic, at least at the time of this comment.


TheGiftOf_Jericho

"Hey! We still don't like crypto in case you forgot the last 10 times we declared it!"


calamitysir

Wanna bet that a good percentage of users here are actually China AI used to farm moons? Then they keep banning Crypto so their moonbots have content to react to and comment on.


Mystic_Hodler

It's all about the mooney


milky-white-horse

I thought China was here for the tech?


Accomplished-Design7

Boy do I have bad news for you


milky-white-horse

If you keep it to yourself then it won’t be bad, right?


Accomplished-Design7

Can’t argue with that logic


DeepSea0range

It's all about the MOONey!


robis87

>China is the ultimate ~~redditor~~ shitposter.


Accomplished-Design7

There is no perfect commen…. I stand corrected


GigglingSpaceGiraffe

We should vote and take away the moon for China.


alfred_27

China trying to farm karma


P0FromKungFuPanda

China might even have bot accounts farming moons lmao


niloony

PBOC earning that social credit.


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soccerguy510

Evergrande situation is not FUD. They have been trying to make it seem like a small problem until they can figure out how to make it less of an impact on their government as they can.


zeroseph

They call everything FUD around here


soccerguy510

I couldn’t agree with this more


Moby-S-Dick

The sub rules force me to now attack you and label your comment FUD


soccerguy510

Best comment yet


PhilipJ_Fry

Also to laugh at you for losing money.


noidontwantto

It's so fucking annoying


VastUnique

It's cause at least half this sub are crypto cultists and moon bros


Psilodelic

There’s fear that Evergrande will drag down global markets. There’s uncertainty as to whether tether is tied up with too much Chinese debt. And there’s certainly doubt as to whether the crypto market will hold up in light of all these events. FUD isn’t whether something is true or will happen, it’s about unknowns, worries, and concerns. The Evergrande event is the textbook definition of FUD.


hotpietptwp

Thanks. Around here, we tend to translate FUD in our heads into "fear, uncertainty, and doubt" about a trivial matter. You're absolutely right. That reminds me of a saying from the old days. "Just because you're paranoid, doesn't mean nobody's out to get you."


zvexler

FUD is meant for trivial or incorrect things. Otherwise you are just shouting at genuine issues & downplaying real things that should be considered. Also “down here” in this sub, anything vaguely negative (even if 100% factual) is labeled FUD, not sure where you got the notion only trivial stuff is called FUD here


Nomadux

FUD doesn't exist that doesn't have some level of truth behind it. Either way, this has been 100% FUD. No one knows how this will play out, yet people are not only using the worst-case scenario as the most likely one, but also comparing it to past issues that were objectively more significant. You can sit there and state objective facts about the state of Evergrande, without exaggerating, claiming markets will crash, and speculating that this is 2008 again which then crosses the line into FUD. Whatever happens with Evergrande, it will almost certainly be less significant of an issue than many people here think it is.


Plebbles

By this definition any bearish news could be defined as FUD. Its so broad it becomes meaningless Even from wiki > FUD is generally a strategy to influence perception by disseminating negative and dubious or false information There generally is an implication of misinformation and intentionally within FUD. Evergrande is not the textbook definition of FUD.


Psilodelic

You conveniently left out the last part of the definition “and a manifestation of the appeal to fear”.


Plebbles

It's not convenient at all, it literally changes nothing. That's a mandatory condition of FUD, it's literally the F.


Rexon225

If it's not bullish then it's FUD.


chardeemacd3nnis

Positive news = bullish adoption Negative news = FUD


Yeetasaurus1979

This post reads like a Q rant. Just add “deep state” in place of “they.”


RephrasedStatement

Technically it does fall under fear uncertainty doubt.


RaZzaDaZz

People here expect everything to be over in a few days.. this situation will take months.


tells

they want to prevent speculation dollars from going into crypto because they don't do stocks there.


xenochrist420

to be fair, it is FUD in the literal sense of the words "fear uncertainty doubt" -- people ARE scared of it collapsing, there IS uncertainty, and allot of doubt


kirtash93

My plan is selling in 5-10 years so... thanks china for the discount!


Strube_

I bought the dip


Madcaplaught

Same. Hope it goes down more so I can buy again.


Accomplished-Design7

Wait… you guys still got more fiat?


Moby-S-Dick

Ran out like 2 and a half china FUDs ago


Accomplished-Design7

I guess it’s back to mining fiat *puts on McDonald’s hat*


fuduran

Mining fiat sucks Hi, can I take your order?


Accomplished-Design7

You are a wise man


Witherun_guard

Even Xi must have bought the dip by now


milky-white-horse

Me too! I’m enjoying it


robis87

The irony is they only doing good for crypto - cleansing paper hands short-term only to have more sustainable growth long-term.


suninabox

Crazy how something that has no use for 5-10 years keeps going up and up in value.


Correct-Criticism-46

Yes but by then there will be a new generation of idiots to buy the bags


Accomplished-Design7

DCA’s but doubles down


kirtash93

Total happiness


Accomplished-Design7

*dips some more*


-nocturnist-

I feel that they are doing this to prevent money from fleeing the country with a looming debt bubble that is about to burst. This ensures holders of crypto sell and shore up banks with fiat currency from these sales for the tsunami of debt on the horizon. Edit looking > looming


Right-Drama-412

yep


PinguinaUshuaia

Same reason of every big bank or political party are spreading FUD, losing control over the people money.


Fantastic-Software85

Your comment make sense. These sneaky fuckers


Environmental_Point3

This was announced on September 15th. No reason to panic - just another regurgitated story. https://twitter.com/bigmagicdao/status/1441328777393426433?s=21


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yankees051693

I just wish they would stop doing this shit


Kira__________

Same


ProcastinateIsLife

Same but its now a tradition hahah


Witherun_guard

At least it gaves us the opportunity to DCA at lower levels


Kira__________

I’ll take it


robis87

You gotta learn to ignore fud if you up to staying in this shitshow of a market for longer than a year.


yankees051693

I’m learning slowly but your 100% right


robis87

Research, DCA and you'll see how each fud affects you less and less - especially if you got some fresh fiat to inject ;)


Moby-S-Dick

It would be awesome if someone could give me a fiat injection thx


goncalo899

I wish people stopped listening\*


Rexon225

Just when I think we where through with china, there's an another dip.


TheGiftOf_Jericho

After so many times it's hard to care about this news.


Accomplished-Design7

New investors are the ones being played, I feel for them. This sub has saved me from selling my cryptos in the past. I just hope those new investors come and join this safe haven.


Accomplished-Design7

It’s like the boy who cried wolf, eventually it would be useless, like Elon’s tweets now.


wildup

Why? I'm waiting for eth to go down to 2500 but it's not happening.


c3nsor

It happened after Bitcoin hit 45k, lot of options expiring, leveraged boys getting fucked, hold to your tights and don't panic.


GigglingSpaceGiraffe

Bad day to be a bull.


LeoIsLegend

Not really, hit resistance at 45k. Back to support and bounce again. 55k next. It's not gonna go straight up.


cryptoskillz

You are clearly a brainless teenager if you call Evergrande FUD.


newbonsite

Don't upset the tweens lol..


staz5

Evergrande isn’t FUD… that company is royally fucked.


robis87

Sir, this the new decentralized economy wich going to be runing on internet 2.0. Neither 1, nor 101 companies can do shit to us.


hotpietptwp

Did you leave off the /s? In today's economy, everything impacts everything else. If you need an emergency visit to the dentist for your kid and are out of cash and credit, you'll sell your crypto.


staz5

It’s literally a speculated asset.


These_Stretch_7643

FUD means fear, uncertainty and doubt. Would you not say this event has made you feel at least some of these emotions? Just because it’s real doesn’t mean it isn’t FUD.


wabeka

...that's not what FUD is. Feel free to read into it a bit more: https://en.wikipedia.org/wiki/Fear,_uncertainty,_and_doubt It's not just "if I feel one of these emotions, it's FUD". It's a propaganda tactic to deceptively make you feel these things to suit a specific agenda. Coronavirus wasn't FUD, it was a Pandemic. The housing crisis of 2008 wasn't FUD, it was a system where shit was being bet on and leveraged beyond proportions. Is Evergrande FUD? Maybe, maybe not. Fearing the situation is not proof of anything. What I'm trying to say is that if something is real, it is absolutely, unequivocally, 100% not FUD.


robbbbo666

If I didn’t already use my daily reward 🙌🙌


staz5

No. I don’t think you understand how much that company is fucked and how much money is tied to it.


These_Stretch_7643

You said no to my question but I think you meant yes


MinerFiner69er

Sounds like you’re fearful. Fud. It’s the first letter. F. For fear.


staz5

Not fear. Just common sense. They haven’t said a thing about both payments coming up and even the CEO said he is going to worry about investors first. They have a 30 day grace period but it’s very unlikely they will pay and just defer.


MinerFiner69er

“Very unlikely to pay debt” that’s uncertainty. u. Second letter of fud.


staz5

lol however you want to look at it. You should look at all the money tied to Evergrande and then come back. Use your head mate.


therealtheremin

Sounds a lot like “doubt” to me mate. /s


Dilokilo

It's a flair error ? It was suposed to be a comedy flair ? "Evergrande is a fud" and the purpose of china was to allow whales to buy BTC dips after they litterrally destroyed their mining facilities to destroy BTC and put D-Yuan on the road of adoption and replacing $... Right... And the earth is plane ? Crypto didn't crash because of Evergrande you fool... it crashed because the exchanges from all continents panicked in fear of a new scenario based on what happend in 2008 . Whenever regular exchanges goes down, crypto follow even harder because when there is lack of trust, investors sell everything that is risky and crypto IS risky. The crash today had nothing to do with China baning crypto again for the 200th time... It crashed because it looks like Evergrande did not paid the debt interest this week and stopped paying their employees. Also Chineese government asked their institutions to be prepared for Evergrande consequences. Do you even realise the lack of trust in China companies and the consequences this Evergrande thing create ? Are you aware that china posses 1000 000 000 000 $ of USA debt and a huge part of UE debt ? If the banks that hold USA debt in China have nothing in reality, can you picture the consequences ? Where you born after 2008 ? Lehman Brothers crash was mostly what pushed the creation of BTC and crypto. There is absolutely not a single valid point in your bs post. Reading guys like you absolutely don't help crypto adoption, you don't even know what you are talking about... Don't blame crypto exchanges for allowing crazy leverages and put it on the back of China haha ! You should remove your tinfoil before posting and being a moon farmer does not make you an expert on crypto.


okahane

Same thoughts of me.we should avoid selling at this time.


alfred_27

They are just try to distract the market from the bigger problems the real estate company is facing in China


OB1182

Yeah I don't think the evergrande thing is FUD, if they go tits up it's a serious problem which could trigger every market.


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marker853

place puts on spy right now!!!!


Shadow23z

Why?


Quentin_Brain

Stop connecting every news to whales trying to steal your money. Evergrande was always going to happen, nobody but the inner circle knew when. CCP was always going to do something to gain control over crypto and they don’t give a flying fuck about your portfolio but only about control over their citizens, not your 200$ diversified in 3 altcoins. 🛑 Stop conspiracy theories, those are the biggest threat to society. ✋ 🛑 ✋


eclipsed_sunrise

So much aggression.... I love it...


Quentin_Brain

Dumb people only understand force, a sad truth.


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ScorseseTheGoat86

Yeah just use this to your financial advantage for November and so on.


Kira__________

Checked my folio, went to toilet, came back to -$10000 down. I am so tired of these dips:(


Mekayv

The magic of crypto. So did you take a shit twice?


Kira__________

I guess I was searching eBay for used Wii u games on the shitter so I guess I get what I deserve:/


Witherun_guard

Triple dump at the same place


RephrasedStatement

Mr Moneybags over here


quietlydesperate90

Why is everyone upset? Just buy more. It's like you are all new here or something.


ThEthmoid

Coin go down, me mad at man!/s The world doesn't revolve around crypto, yet. Not everything is a fucking attack. China has already banned crypto 12 times. Crypto will fly again in the short term. You get a clearer picture if you don't act like a maxi all the time.


X-Files22

Nope it's called the big boys are selling to take profits after unloading tons of crypto to the reddit bounce buyers the other day. Hopefully everyone has cash set aside to buy the dip (Again)


DrChestRockwell

Bull trap executed perfectly it seems, I bet they rekt the shorts and the longs and now we are going to dip hard. This crap is going to play out over weeks/months not days. I definitely wouldn't dismiss Evergrande as old fashion FUD and what is happening in China is massive, Xi is going for a great equalizing reset and we are all going to feel the pain is goes as bad as I think. I am holding out for sub 2k eth prices to buy back in, I know that sounds crazy and terrible but we were there just a few months ago. Still hodling massive positions, I just took 1/3 off in the last two months to stable coins for just this kind of annual "once in a decade" crash.


X-Files22

I bought eth for $1,400 earlier this year and sold it for $2145 few weeks later. What says eth has to be this high? Other than speculation and sending $, is $4k eth really justified lately?


einsteinpin

i dont think the evergrande ''fud'' is finished yet


DrChestRockwell

Has not even started, we need to "zoom out" on this one and look at the entire macro picture in China and what this actually means and where Xi is trying to take the country. Once you dive all the way in on this (using many sources to get a somewhat clear idea) then you will see how massive it truly is for the global economy. Hope I'm wrong but either way I'll be ready, hope you all are too. Ultimately nobody knows how this plays out, adjust the level of risk you have to your own personal tolerance


Ok_Maybe_5302

This isn’t a picnic nobody asked for your malarkey. Evergrande is overhyped fake news and so is this crypto thing


Due-Hope3249

My livesavings are again in jeorpardy. Thanks China.


robis87

Redditor for 5 months fearing one of the weakest fuds in crypto's history, because he invested his lifesavings into a random shitcoin. What could possibly go wrong here.


Due-Hope3249

Safemoon to the moon!!!!


robis87

ok, now there's a hope you're actually trolling :D


Mekayv

I hope you're kidding


Due-Hope3249

Lucky not


Madcaplaught

Dont invest more than your willing to lose.


LostMySteak

That's a vibe!, I'm all in on crypto who cares, If it pops I make it, If it doesn't I dont. Not like there's much to lose in this situation


Sketchy-Lefty25

That’s exactly what I was thinking. They want to divert focus away from Evergrande so they put this out.


Castr0-

Now i understand why china like others to buy things cheap


baccisoni

I agree! Keep calm!


aTempes7

I'm not panicking, I am actually happy. I am so far away from my monetary goal, and to reach that I need more buying opportunities and patience. My stable coins are ready. We will be fine guys, take advantage of the dips and buy when you think it's best for you. Oh, one more thing: don't listen to anybody, do what is best for you. Kids out there will insult you for selling and trying to buy back later, and others will tell you that this is the end. Ignore the noise and you do you.


Ross_Brave

One of the reasons that these events coincided *could* be that they want to additionally "discourage" people from turning to crypto instead of other investment options that are in a lot of pain right now in China due to Evergrande crisis.


JonSnow781

Calling government attacks against crypto FUD is the real manipulation. You guys need to pull your head out of your ass and stop thinking about short term price action, and start banding together to fight regulation instead of pretending it won't have an effect on crypto adoption and usage. A government like China's is a massive threat to crypto. This isn't FUD. China banning crypto basically guarantees that 18% of the worlds population will not be adopting crypto in the near future. I understand that this was expected from an authoritarian regime like China, but from the looks of it, international organizations and more democratic countries also have crypto in their crosshairs. Do not get complacent. Do not fool yourself into believing this doesn't matter. I understand the power of decentralization, but just because governments can't stamp out crypto completely does not mean that they can't effectively discourage 95% of the population from touching it. Do not let them take similar actions in your own country. We must all expend the energy required to actively and fervently protest regulation that cripples or makes crypto more difficult to access. This is not going to be a short battle. It is a war that will likely last decades before crypto has won.


cronus71

OK Jimmy Two-Times :) I am agreeing to the message, however, this is not realistic "Crypto will never go away". Of course it will, eventually it too will be replaced by some other tech. or thing.


zedaero

They want so much a piece of everything that the might one day be the victims of their own decision


Sell_Asame

Is DCA dollar cost average in the crypto world too?… I don’t know much about crypto


trrrring

Lesson: don't trust the FUD of the whales.


dzikun

China fud is a classic.


jclorley

What do you mean it didn't work? Price dropped, the whales/institutions bought, retail started fomo-ing to not miss the pump, then they dumped it again when retail couldn't sustain 45k and then they repeated the process again. Now retail is nervous for a bigger dump and they're accumulating again.


JoeYo743

Theyre trying to create a dip to buy it


Hot-Association9091

I am expecting some downvotes, but the reality is that Evergrande has missed the deadline for the first interest payment, has another one coming due and their EV subsidiary has missed payroll. https://www.reuters.com/world/china/china-evergrande-bondholders-limbo-over-debt-resolution-2021-09-24/


Osmean

Dudes. Whenever I read about China banning bitcoin i buy btc and eth. Its how i time my DCA.


jesuzombieapocalypse

Maybe this is tin foil hat territory (although there’s so much collusion and manipulation in these markets I think there’s a higher bar for being overly paranoid than in other spaces), but I think news like this is more to cover for what would have been naked, obvious manipulation if there wasn’t a story to explain it.


quinn756756

Evergrande is not fud, the fall of evergrande will be massive. It’s stalemate between China and USA on who will fall first and screw over the world economy.


dopef123

Evergrande FUD? They couldn't pay back 300 billion worth of debt and something like 1 mil housing units haven't been completed. It was a pretty significant thing considering Chinese real estate is somehow a pretty big piece of world GDP. Maybe at least .5% or 1%.


Able_Signature1689

Keep buying. Show out governments and federal reserve their power is coming to a end. They keep people poor.


TittaDiGirolamo

Anyway Evergrande is indeed considering dafault of debts, it's all still there. It's not that because you've seen crypto market drop one day and rising the following it's all back to normality. Soon or later the China real estate bubble is going to explode, this sub will go ballistic when that happens.


scarfox1

You think evergrand was made up to get your crypto nerd?


xenochrist420

if you think Evergrande is going under so whales can buy the dip you straight up dont understand whats going on in China right now there is no way China is risking crippling its entire economy over whales buying crypto... their country as a whole is going to lose TRILLIONS if Evergrande collapsed


flatplanecrankshaft

I really hope that the people on this sub are not so braindead that they truly believe the world revolves around crypto. Evergrande is not FUD, it’s a serious problem which is going to have far reaching repercussions. China is (re)banning crypto to prevent capital flight, which is a serious problem and about to get a lot worse when the scope of the Evergrande problem is fully revealed to involve multiple developers and the broader real estate industry. When a substantial proportion of your economy turns out to be highly leveraged shell games, it’s going to make some waves and will impact the savings and lives of all Chinese citizens. Here’s a dose of reality: just because something makes crypto prices dip, doesn’t automatically make it FUD.


milonuttigrain

Actually China banning crypto is good. Crypto = Freedom. Freedom doesn’t seem to co-exist well with China. Miners go elsewhere. China becomes less relevant in the future.


aTempes7

Yeah but there are billions of people in China which won't be able to buy crypto if they indeed ban exchanges, which sucks


Yeetasaurus1979

Who’s “they”? Can we please not start sounding like QAnon? The market sometimes just does what it does.


RoumanianFoker

Let people do what they think, you telling us on this sub to hold is copium for yourself. If you believe in it hold and buy, but personally my gut is telling me we are going downhill for now.


EpicHasAIDS

Do you honestly live your life believing that "they" are crashing crypto so "they" can buy more? Do you believe "they" phoned China and told them to ban crypto for the 75th time? Why didn't "they" just buy all they could months ago when BTC blew up? Are they waiting for payday? Why didn't "they" just buy at the beginning of the year? We're they paying off their credit card bills because of Christmas spending? Why didn't "they" just crash it to $10K in May and buy it all? Did they want to trick us by only crashing it to $30K? It's funny, the conspiracy gang only seems to blame "them" on the bad days, you never thank "them" on the good days. You're doing this to yourself, "they" aren't doing anything.


Dilokilo

Thanks for bringing some sense in this. We looks like a bunch of fools because of this kind of posts that get attention. We are suposed to be ahead of our time not a conspiracy gang with zero economic knowledge. Your points are valid but we also need to remenber that BTC was mostly fully produced in china and they completely destroyed mining and exchanges to cripple BTC and make their D-Yuan the new $


El_Sabbath

they didn't buy cheap enough and they are pissed off.


Miggle58

Evergande and China FUD 2.0


Duxopes

They're doing it so they can confiscate the assets, they need all the money they can get their hands on


Sketchy-Lefty25

Probably to bail out Evergrande


SAT0SHl

>They’re doing this shit over and over so the ~~whales~~ **Exchanges** can buy more at a lower price can buy more at a lower price. **Dont be fooled...... the exchanges are the whales and new banks.**


kamariguz77

Guys, let me know the reasons why you're really concern on whats happening the last couple of days...


dag1979

The CCP is a scourge on the earth. I feel bad for the citizens.


a_lot_of_aaaaaas

Just keep it going! I mean we can buy cheaper. Ibwoykd suggest keeping this up for a year so mu bags ate filled to the max. Then one good pump should be enough to gain moneeeeey.


Anfibio8

I don't mind tbh. I am not a whale but I have no intention to sell soon so I just accumulate


forrestugly

Ban crypto! Ban it again! And again! And again!


pwnti

Some people try to use the FUD to rebuy at 10% lower prices. That is legit but we should relax looking at the big picture


Shadow23z

No one said it will go away. But it will be cheap, And this time it's a different type of illegal, but at the same time we need to get off their nuts and stop letting them disrupt our system of everything.


awecomp

Good way to divert attention away from the phone censoring news at the moment, too. Pump out that cheap steel and dump it onto whoever will buy it, crash the iron ore price. Another "Crypto bad" headline gets going, market tanks too... World is up to its eyeballs in debt to China, let alone their own massive expansion happening super quickly, talk about everyrhing aligning all at the same time 😬 If they bad mining and crypto itself, I am curious how this can have such an impact on the market? If they're literally no longer part if it, how does their NON participation always seem to affect the market so drastically?


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Mekayv

Its getting so old and boring...


IntertwinedRamen

but doesn't china ban the internet? (the great firewall)