The truth remains that those fudding are in two classes. First are the economists and bankers. Second are those who missed out on bitcoin at the beginning when price was next to nothing.
The first class is when these economic analysts belong. They want to safeguard their interest and means of livelihood at all cost while the second class are opportunists who want to cause panic sells so they can buy the dip. Whichever way we look at it, these people are alarmists and propagandists.
Topic: A lof of the wall street people FUDing cryptos, and especially Bitcoin. (Read 167 times)
February 10, 2018, 12:59:35 PM
February 10, 2018, 12:55:31 PM
Why is Bitcoin so volatile: https://www.forbes.com/sites/civicnation/2018/02/09/reaching-higher-with-asca-during-national-school-counseling-week/#712ee51b1961
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
The end of Central Banking is near which is why they hate FinTech so much. Happy days of the old is about to end. Rhetorics are useless. The future of money is FinTech.
There is no way Central Banking is going away anytime soon. They have far too much leverage and power to simply vanish due to cryptos. They may fade over many many years, but never underestimate how much power they have and how much they can influence the current crypto markets.
February 10, 2018, 12:45:46 PM
Why is Bitcoin so volatile: https://www.forbes.com/sites/civicnation/2018/02/09/reaching-higher-with-asca-during-national-school-counseling-week/#712ee51b1961
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
The end of Central Banking is near which is why they hate FinTech so much. Happy days of the old is about to end. Rhetorics are useless. The future of money is FinTech.
February 10, 2018, 12:43:07 PM
Perhaps the crypto community needs to aggressively fight back against those FUDs being spread in mainstream news media by perhaps entities that have interest in corporations that may be severely disrupted by cryptos as it becomes more and more mainstream. But then again, it will be good to balance out against the hypes around cryptos -- such that those who cannot handle the FUDs shouldn't even be entering the crypto-market.
How can we fight back? We cannot buy the words and decisions of high ranking officials like the large corporations can. We cannot manipulate news stories or even just own news outlets outright. The only way we can fight back is by being resistant and doing the little that we can.
We cannot fight back. Right now markets can be manipulated without legal ramifications simply because the space is not highly regulated. With more regulations, more stability will come. One obvious example is CNBC spreading fear about the price dropping a few weeks back, and then a few weeks later, touting the total market cap can reach 1T by years end. They most definitely have some investments and are manipulating via their network.
February 10, 2018, 12:30:16 PM
Perhaps the crypto community needs to aggressively fight back against those FUDs being spread in mainstream news media by perhaps entities that have interest in corporations that may be severely disrupted by cryptos as it becomes more and more mainstream. But then again, it will be good to balance out against the hypes around cryptos -- such that those who cannot handle the FUDs shouldn't even be entering the crypto-market.
How can we fight back? We cannot buy the words and decisions of high ranking officials like the large corporations can. We cannot manipulate news stories or even just own news outlets outright. The only way we can fight back is by being resistant and doing the little that we can.
February 10, 2018, 12:13:51 PM
Perhaps the crypto community needs to aggressively fight back against those FUDs being spread in mainstream news media by perhaps entities that have interest in corporations that may be severely disrupted by cryptos as it becomes more and more mainstream. But then again, it will be good to balance out against the hypes around cryptos -- such that those who cannot handle the FUDs shouldn't even be entering the crypto-market.
February 10, 2018, 10:11:02 AM
Why is Bitcoin so volatile: https://www.forbes.com/sites/civicnation/2018/02/09/reaching-higher-with-asca-during-national-school-counseling-week/#712ee51b1961
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
Bitcoin Would Dominate in a 'Dystopian World Without Trust,' Economist Says: http://fortune.com/2018/02/09/bitcoin-competition-trust-federal-reserve/
IMO, a lot of these shortsighted and outdated critics who probably have not seriously done their research into cryptos (but only analysed the current immature market) and do not have skin in the crypto do not seem to realize that it certainly is not a technology that is static in its development, but one that is constantly evolving and improving. Cryptos are presently still in its early infancy (and should be viewed as that) -- i.e. in its early beta stage development. There are already a lot of other crypto-project that are actively solving the issues identified, and a lot of the flaws highlighted in that second article certainly already do not apply to many of selected altcoins.
Furthermore, the advantages and potential of cryptos isn’t just about enabling “trustless” transactions, nor are cryptos just about it being a form of "currency". -_-
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