Sell the rumor, buy the crash? Journalists are snooping around the Waves debacle

Sell the rumor, buy the crash? Journalists are snooping around the Waves debacle


You know the old "buy the rumor, sell the news" tactic? Could a reverse sort of thing be possible? Like if you know a disastrous publication is about to take place regarding your holding, is it a good idea to dump it in hopes the news will make it crash and you can load up afterwards?

Why ask this you wonder? Well apparently there are some reporters who (finally) caught on with what's going on in Waves and the WX-network where people can literally not withdraw their holdings (except for the Waves coin) due to what the team calls "increased load on the gateway" for several months now ever since their "stable"coin USDN collapsed.🙄

You know this isn't going to be a love song and from the sounds coming of the community, it's quite possible the many negative voices were just too loud to ignore and now finally got a listening ear.

It's not just withdrawals that are stuck, if you made the mistake to deposit some BTC or whatever to the Waves-Exchange to get you that sweet cheap Bitcoin or Ethereum, you'd suffer the same faith even before you could start to withdraw and if you deposited Waves to trade to some free extra BTC, you'd end up getting stuck all the same because nothing other that Waves can be withdrawn and if you'd try, your coins will be stuck in limbo for "possibly weeks."

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But will this coming news crash Waves? I actually don't think so. I think whoever didn't get out of Waves by now will stick with it till the end or is literally forced to hold on as they're just stuck in the withdrawal process or in some pool or whatever, waiting and at the mercy of the team to release what's left of their value. But will the news hinder or sabotage potential new investors and leave the current holders in an even longer state of uncertainty and non-recoverable losses? Quite possibly yes. So if you think about it, for them, for the old die-hard Waves hodlers who believed and actively participated in this XTN-USDN stuff on the Waves-Exchange, it really is a lose-lose situation. Yes you'd get your publication and attention regarding the injustice you've been experiencing, but it will definitely not do your limbo-holdings any good. But on the other hand, what's in a holding you do not actually hold and is floating around somewhere for almost four months now.

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Geo-Political & Economical developments
Geo-Political & Economical developments

Things are almost never as they seem. If you sincerely think that world powers would spend their money and resources in order to just "help" citizens from foreign nations, you might want to ask yourself why they've been neglecting and out right murdering their own citizens for decades. What are their true motives for wanting to fund foreign (terror) groups, start global confrontations and wars? I'll let you in on a little secret; It has NOTHING to do with "human rights" nor "democracy".

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