I’m getting ready to sell £10,000 worth of RAM on eBay. $FET | vblackout on Binance Square

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I’m getting ready to sell £10,000 worth of RAM on eBay. $FET 

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Fetch.ai Strikes Back: Justice and Burns to Restore Confidence Facing this storm, Humayun Sheikh, CEO of Fetch.ai, did not hesitate. On October 16, he pledged to fund class-action lawsuits in at least three jurisdictions. A statement that sounded like a call to arms for the victims of this forced dilution. > “If you lost money on FET due to this Ocean action, prepare your evidence. I will personally fund a class action in three or more jurisdictions.” — Humayun Sheikh, via a public post This initiative is not mere posturing: it aims to compensate losses and punish those responsible. Sheikh even announced a $250,000 bounty to identify the signers of Ocean Protocol’s multisig, seeking to untangle the threads of a corporate spiderweb. The hunt concluded on October 21: verified contributors provided the key information, and the reward will be distributed. This is only the beginning; the lawsuits could reshape governance rules within crypto alliances. Then, on October 23, a concrete value-boosting measure followed: the Fetch Foundation announced weekly burns of 50 FET per wallet registered on asi1.ai. A clever way to tie utility to deflation, encouraging adoption while reducing the circulating supply. Weekly burn: 50 FET per new wallet, reconciled weekly Objective: Drive ASI platform utility and create tangible value for holders Potential impact: Gradual supply reduction, supporting long-term price action This strategy turns a crisis into an opportunity. By incentivizing user registration, Fetch.ai not only cleans up its ecosystem but also reinforces FET’s scarcity — a powerful psychological lever in a market obsessed with supply. $FET

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The Bitcoin halving took place on April 20, 2024. Concretely: The block reward was reduced from 6.25 BTC to 3.125 BTC per block. A mechanical supply shock. Fewer new bitcoins, period. The next halving is expected around March–April 2028, depending on block timing. Historically, the market does not react on day one, but 6 to 18 months later. The halving is not the show — it’s the trigger. $FET $BTC

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Actually, the sellers aren’t the ones to blame — it’s the buyers who don’t want to buy. It’s crazy… and with the upcoming technology shortage, things are definitely going to change.$FET $BTC

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Technology will be in shortage within a year. Why sell Bitcoin today when chips will be five times more expensive in a year? I don’t understand — unless it’s just being stupid lol. $FET $BTC

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I’m this close to going to FET and Ocean myself and telling them to reach an agreement quickly, because this is getting ridiculous. They’re acting like kids — “he stole my marbles,” seriously… It’s getting on my nerves. They’re behaving like children. just stop...

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