Topic: About Bitcoin Bad Rumors - page 2. (Read 1168 times)

Just let it go when you read or heard bad romours about bitcoin...
People are just discouraging other people because of their nonsense thinking.....
Don't mind them

Well, all these rumors are reasonable, because there is nothing behind bitcoin except the demand. If all BTC owners will sell it in one day the price will drop dramatically. On the other hand all those financial experts make such statements to control the market. It could be just a speculation.

Everyone has right to their opinion, Just like I see Bitcoin as Gold another person might see it as a bubble. Okay

These Rumours are been sharing on the internet right from the past Many years and i have seen many people use to have negative views and rumours about the bitcoin and other altcoins. People and even many institutional guys do have that kind of Negative view some people say's that bitcoin is a big bubble while some say bitcoin is really a good investing platform, so you just concentrate on positive things and leave those hater's because everything depends on you and not on them. You need to be confident on bitcoin and your trading coins and if for any reason you don't have confidence on bitcoin and yourself then leave it don't over complicate the things around you.

There are always supporters and haters to anything. Just analyse the words and decide for yourself whether it make sense and if you want believe it or not.

Bad bitcoin rumors already happen since Satoshi create bitcoin, it's nothing new and we shoudn't be surprised anymore to see another success investor/economics/government talking bad about bitcoin or/and it's technology/usage.
But, recently it's not that bad since most people only told the fact (such as bitcoin volatile price) with crude ways.

In everything good, there is always a bad view that must be brought up concerning that same thing. For the wealthy people, they don't want other things to take the place of what makes them wealthy, they just want to remain at the top and do what they can to spoil the name of every other things.

This is happening from long time and a lot of people told, later they themselves called Bitcoin as New Gold. If they don't know about Bitcoin, then they shouldn't speak,  in most cases these people wants Bitcoin to get collapse.

Bitcoin had struggled in the past, but now it really rocks to certain hights.

Apart from the apparent (or not so apparent) ignorance of these investors, cryptocurrencies and blockchain technology are concepts that can not be assimilated simply by the virtues it offers to people.

When they began to observe the potential of Bitcoin, many realized that financial opportunities were within reach of anyone.

The idea that only that person with exuberant resources can generate profits through investment (stocks, commodities) is disintegrated by the presence of cryptocurrencies.

Through them, anyone can enter. We have witnessed people who bought a lot of Bitcoins few years ago at the cheapest price ($10, $20, $30) and have now reached financial freedom. The same can be said about other cryptocurrencies like Dash that is having a barbarous growth.

And even with the Bitcoin's current price, it is more feasible and even more profitable to invest in Bitcoin than in real estate to name a few.

This situation clearly annoys some "old school" investors, so to speak, who are merely familiar with stock trading or other similar investments.

But progressively, those who are still reluctant to use Bitcoin and other cryptocurrencies in general will end up accepting this new reality as the strength of cryptocurrencies is fortunately in the growing community that circulates them (buy and sell)

You have to remember, these investors are educated in a Fiat based system. They are used to strict regulations and rules and

something like Bitcoin bends these rules. It must be frightening for these people to be confronted with something like Bitcoin

and this is why they are pushing for rules and regulations. Before Bitcoin, they were the experts on all financial matters and

now there are a new kid on the block. {who dare to break the rules} 

There will always bee people who will spread bad informations and rumors about bitcoin, nothing new. The fact is that is always needed to see the source of these rumors and how competent are these persons to say anything about the bitcoin. People just give too much attentions to such announcements and then even spread these rumors by themselves giving them the publicity. So, thir goal is done.
Bitcoin has some bad sides and problems, no one is denying that but the key is to be objective and not to give false informations.

You have the answer from the question, "traditional investor". Because bitcoin affected his investment. Same as Morgan CEO did.

This is just like JP MORGAN which claims that bitcoin is fraud, at that time bitcoin price goes down drastically. this is just a game of peoples who have a big name to make bitcoin fall, so that it can take advantage.

Those people that lacks of information and idea about bitcoins are one of the reason of bad rumors.They dont know bitcoin because they have not try to invest in a legit and trusted way.Some people believe that bitcoin is scam when they have experienced like bitcoin doubler or any investments that promise them a big ROI.and thats the reason why some bad rumors about bitcoin based in my experience.

Those people who are close minded about bitcoin might have the same mentality as Jim Rogers. They can easily spread bad rumors about bitcoin because they never try engaging on it and never receive any benefits from bitcoin. It is just so disappointing that those people whose influential like him spread bad rumors without enough basis. I just hope that someday, they will soon realize the good side of bitcoin existence.

It's part of the bitcoin world. There's always someone who will bad mouth a successful venture. I read in an article that the CEO of JP Morgan said that bitcoin is a fraud then on that same article the reply of the CEO of Amazon defending bitcoin.

Yes Dave that is true.
Actually the FUD's can also be used for ones greed or for their selfish reasons.
Once it go popular or they might have paid for the bad rumor to be spread widely it can make an impact.
Then, if whales did it they will use their coins to make it look real. Dumping it hard with the large amounts they have.
Afterwards they will again. I dont like it but it is a good tactic although they are risking it too with all the payments they will do.

These last weeks the boost in price have been mostly because some Big US Companies are moving their money into Bitcoin. It's a massive adoption taking place.

This is irreversible. Anybody spreading bad rumors is just fooling himself.  Much of them had been stayed in the sidelines but now you cannot cloud the fact that huge profits are in crypto.

We can't expect all people will accept the bitcoin some people will be there to spread the negativity the reasons for this like maybe they sold their bitcoins too early so they want to get back their bitcoins at lower price so they need to decrease the demand of bitcoin by spreading rumors.

well, I think that's natural. if there are some media that preach bad things about bitcoin. I'm sure, bitcoin also gives a bad impact on some parties, because the transaction is not in taxes, and anything else.