TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

Analyzing Every Reddit Comment Mentioning HODL Since 2017 – Part One

2 pointsby haggenballsabout 7 years ago

1 comment

locengabout 7 years ago
&quot;The days with the biggest market losses, along with the days with the biggest market gains are associated with a higher # of HODL comments.&quot;<p>It&#x27;s quite interesting that everyone is working together to maintain keeping the perception of the higher value.<p>It&#x27;s clearly a tactic to make the crypto-assets seem less volatile, and therefore to make new people feel more comfortable putting funds in - and also maintaining the illusion for those that are &quot;hodling.&quot;<p>It seems the strategy&#x27;s been working for them, and I&#x27;m sure they&#x27;re hopeful they can continue this until too much of society feels vested into the success of these incentivized crypto-assets to let them fail, leading to the late adopters&#x27; wealth being redistributed weighted towards the earliest adopters; wealth redistributed for doing no work, except for giving money to the person before them in the pyramid - in exchange for a digital asset.<p>Edit: To add, they all know that if the price starts to drop or plummet, to HODL - to not sell - until the price stabilizes and starts going up again. There have been times when people would dump a lot of Bitcoin or Ethereum, and the price would drop because not enough money was flowing in. I imagine now, the bigger asset holders of these incentivized crypto-assets, now keep a reserve -- probably platforms like Coinbase are incentivized to do this as well -- to counteract large dumps like this, or they simply shutdown trading, like it has looked like they&#x27;ve done in the past when there was a strong downtrend; I imagine they line up bigger investors interested in buying large amounts of Bitcoin et al, with people&#x2F;friends looking to offload large amounts -- so they only sell once a buyer is already aligned, preventing&#x2F;limiting these volatile drops. Coinbase further trying to prop up the ecosystem by creating&#x2F;supporting tools and functionality that ties into getting people to adopt&#x2F;pay into these Pyramid-Ponzi schemes like with attempting to purchase Earn.com.<p>Everyone&#x27;s getting good at rallying the marketers and people incentivized for these Pyramid-Ponzi schemes to succeed.