Topic: About Bitcoin Bad Rumors - page 3. (Read 1167 times)
Different people have different predictions about the same. Just think about the price predictions, some has predicted that it could go high above $1m at the earliest. Some has predicted that the price will reach $20000. So, same is what happening with spreading of rumors. Some believe it and some don't. Just trust and keep following, growth is promised with bitcoin.
With Bitcoin crossing the $16K, how long these people will continue bashing on BTC. Many are actually living on Bitcoin, paying their bills and spending it in food, real state, etc.
Another one who showed up to talk bad about Bitcoin has been Jordan Belfort. Where are the morals!!!
I think one of the big scam taking place is those countries who are not opening to Bitcoin. And I'm not only referring to top tier countries.
Bitcoin is the most viable way to boost third world countries. Unfortunately, this won't happen in all of them. For example: In Venezuela, a place with a hyper-inflation, will not embrace Bitcoin. I'm talking about a region, where a startbuck coffee equals about two-month salary (minimum wage)
Anyways, Bitcoin will continue rising. And wise those ones who appreciate it!!!
Another one who showed up to talk bad about Bitcoin has been Jordan Belfort. Where are the morals!!!
I think one of the big scam taking place is those countries who are not opening to Bitcoin. And I'm not only referring to top tier countries.
Bitcoin is the most viable way to boost third world countries. Unfortunately, this won't happen in all of them. For example: In Venezuela, a place with a hyper-inflation, will not embrace Bitcoin. I'm talking about a region, where a startbuck coffee equals about two-month salary (minimum wage)
Anyways, Bitcoin will continue rising. And wise those ones who appreciate it!!!
Jim Rogers, a banker and another traditional investor, is calling Bitcoin a bubble. This is not new. But what keeps these people talking trash about Bitcoin? Definitely, these investors who own financial institutions, have their own agenda and are playing their cards.
In this article: http://dashplanet.blogspot.com/2017/11/whats-behind-about-bitcoin-bad-rumors.html, there's a good insight about the true reason why these people are spreading these rumors.
In this article: http://dashplanet.blogspot.com/2017/11/whats-behind-about-bitcoin-bad-rumors.html, there's a good insight about the true reason why these people are spreading these rumors.
I've sat through many of Jim Roger's interviews on youtube and he's not shy about telling people what he's investing in and about what he believes in. If he's calling our main asset which is a deflationary non-manipulated store of wealth a "bubble" then he's got an agenda. You have to remember that Jim Roger's money is tied up in Chinese investments and even his daughter speaks Mandarin Chinese. China doesn't like Bitcoin so it would be a bit advantageous for him to pick a side where his money is tied up. He's also an old man who finds it difficult to grasp new technology so he's given up and has stuck to investing in railroads over in Russia.
The bottom line, he smells a bubble just like he did at $1000 and just like he will at $100,000. Which means he's but another rich guy who can't tell the difference between Keynesian Economics and Austrian Economics and takes his advice from broke-ass Brokers and old-ignorant wealth advisers.
And guess what? In this new crypto-economy that's dangerous. He's far from being a reliable source of information as he will end up as poor as the rest of the economy who is just as clueless about basic economics as he is.
It is true that it's not stable but what the hell is
I am confused about this people even hp Morgan stated in august about bitcoin is not stable investment after that it raised more than 150% why again and again spreading this kind of rumours bitcoin already proven widely accepted currency.
Don't listen to rumors. Your actions should be based on facts, not rumors. No matter what they say. Just watch Bitcoin price and use the moment.
I would say people should learn to differentiate rumors from facts and not consider every news as a rumor. There are fake news and FUD everywhere but the places where they are spread are obvious and if you buy into those then you are a fool.
The reddit subreddits are full of shills and scum who pump every shitcoin and promote those. The Poloniex/HitBTC trollboxes are called "trollbox" for a reason. I have seen all types of conspiracy theories going on there and I really fell those people need treatment.
It is something extremely new and it will make those in the financial arena feel nervous and a bit weary because it is new and looks set to really take off.
actually this is not at all new!
for years i have been seeing them spread FUD and misinformation about bitcoin in some cases so wrong that anyone with little understanding of basics of bitcoin would see right through them. the only difference, the only thing new is that these days there is more of them than there used to be. and that is only be cause bitcoin has grows so much bigger now and it is bound to attract that much more attention both positive and negative types.
This isn't a surprise, really. It is very normal that people whose businesses would suffer due to bitcoin bad-mouth it. I think what they are hoping is to scare people off of bitcoin by remarks like this, so that the adoption rate of cryptocurrencies does not go up.
Don't listen to rumors. Your actions should be based on facts, not rumors. No matter what they say. Just watch Bitcoin price and use the moment.
Bitcoin is not bubble it is unstable currency.bitcoin is digital currency and investment,bitcoin price may rise and fall depends on the demand.bitcoin is transparent price.rumors are spreading,bitcoin knowledge and experience needed.
On the other hand you can see why people say it is a bubble. In certain ways Bitcoin defies logic. It's a currency but I wouldn't spend it now, I don't think most people do. When you compare other charts of bubbles they do fit in with Bitcoin, the thing is the history of Bitcoin is being written now. I'm in it, just recently anyway, I plan on continue buying it whether it go north or south in the short time, but I know full well this could be a bubble, I'm not saying it is, but it very well could be. Although I don't like the idea of paying taxes on it, I don't pay taxes on gold profits, and I don't necessarily like the idea the big boys are getting into futures trading on btc these may be positive signs. I think it was forbes that had an article saying if Bitcoin becomes a widely accepted currency as the next generation brings it mainstream it could reach 190,000. I guess all this info can help us make decisions.
There will always be people in this world that will resist change
or something new. The best we can do is ignore and move forward.
Take a look at what happened when Email was introduced and there
were many people (influential people) that said it does not have a
future.
You will get naysayers along the way, only time will tell...
or something new. The best we can do is ignore and move forward.
Take a look at what happened when Email was introduced and there
were many people (influential people) that said it does not have a
future.
You will get naysayers along the way, only time will tell...
Another tactic for a banker and a traditional investor that rides on the popularity of bitcoin wanting to be famous too. This is not new to bitcoin having someone trying to destroy its reputation. Only those who don't have enough knowledge of bitcoin would somehow believe in his statements.
If we examine those people closely, it'll come to light that they were the profit makers of bitcoin. Revealing negative comments as well some rumors in the name of prediction is a way of making the market in such a way comfortable for them. Particularly these are the way of generating panic among users and manipulating in a much easier manner.
Such Rumors like that is the reason why bitcoin is the best investment, see big name don't care to a simple Crypto,
Bitcoin makes a history and a statement, it brings new idea fits to digital age community, which aims secure transaction in bit of a second
Bitcoin makes a history and a statement, it brings new idea fits to digital age community, which aims secure transaction in bit of a second
#I often find myself at loggerheads with traditional stock market investors, many of them (not all) are against Bitcoin because people half their age are making higher ROI on Bitcoin and crypto than their entire portfolio's combined. One of my friends who has been trading on the stock market since the late 90's admitted that it drives him insane that he has spent his entire life studying the market, learning about how to spot market trends and buy signals and sell signals and all of the usual blah blah..and even with all his knowledge and skills.
I think a lot of issues that cause people to believe this is a bubble (and why they are so vocal about it) is because a lot of money was lost during similar "bubble" situations in the past, and as a result, lives were ruined.
Bitcoin isn't as big a threat to the monetary system as people believe it is. Realistically the only disruptive technology is blockchain and its actually NOT that disruptive to the financial sector, contrary to popular belief. Its more disruptive to the technology sector, yet we don't hear as much noise from those sectors about the threat? Could the people warning us it is a bubble, be doing so because of financial advice rather than because they think its a threat to their sector?
Potentially, yes.
Bitcoin isn't as big a threat to the monetary system as people believe it is. Realistically the only disruptive technology is blockchain and its actually NOT that disruptive to the financial sector, contrary to popular belief. Its more disruptive to the technology sector, yet we don't hear as much noise from those sectors about the threat? Could the people warning us it is a bubble, be doing so because of financial advice rather than because they think its a threat to their sector?
Potentially, yes.
Bitcoin is proving people wrong day in day out. Jamie Dimon called Bitcoin as a fraud a few weeks ago, and how his company is talking about allowing their clients to invest in BTC Futures.. Give it time, and everyone will bend to the cryptocurrencies
Another douche like Jamie from JPM shitting on crypto..............the establishment trying to beat down bitcoin and all crypto because of the freedom for financial Independence it offers citizens around the world. They are scared of it. Not to mention they have several million $ worth of bitcoin and buy more on the crashes he causes so one day he can be a whale and affect bitcoin that way one day in the future.
Think about it, a community can now produce its own wealth! But it is necessary that bitcoin remains successful as it is the base (trading crypto pair) of all crypto trading and therefor crypto wealth creation. If Jamie and co can ruin bitcoin's reputation he can bring down all cryptio to a certain extent. He is hoping to cause a self fulfilling prophecy to say something bad about something hoping to cause the thing he is predicting. Fuck him, he's a dick and mark my words as crytpo continues to free more and more citizens there will be more financial advisors putting shit on bitcoin in the future.
The CIA is trying to hack the blockchain to bring it down also, but it cant. Freedom to the people!! We will be slaves no more and they hate that!.
im 99% sure destroying cryptocurrency, or just bitcoin, is the ceo's end goal by any means. the man is more than well off, he could quit working today and have more than enough to live comfortably till the end of his days. if anything, he's using his position of influence as a major banker's head to influence bitcoin's price for some price manipulation. i dont think ive heard of the cia trying to 'hack' the blockchain either, im pretty sure the only way you could feasibly gain any amount of control over bitcoin is to use the 51% attack idea, and that takes way too much infrastructure to even think about. Think about it, a community can now produce its own wealth! But it is necessary that bitcoin remains successful as it is the base (trading crypto pair) of all crypto trading and therefor crypto wealth creation. If Jamie and co can ruin bitcoin's reputation he can bring down all cryptio to a certain extent. He is hoping to cause a self fulfilling prophecy to say something bad about something hoping to cause the thing he is predicting. Fuck him, he's a dick and mark my words as crytpo continues to free more and more citizens there will be more financial advisors putting shit on bitcoin in the future.
The CIA is trying to hack the blockchain to bring it down also, but it cant. Freedom to the people!! We will be slaves no more and they hate that!.
Jim Rogers, a banker and another traditional investor, is calling Bitcoin a bubble. This is not new. But what keeps these people talking trash about Bitcoin? Definitely, these investors who own financial institutions, have their own agenda and are playing their cards.
In this article: http://dashplanet.blogspot.com/2017/11/whats-behind-about-bitcoin-bad-rumors.html, there's a good insight about the true reason why these people are spreading these rumors.
'Bad rumours' are mainly used to keep the public away from Bitcoin, and to try to manipulate the market, which apparently is working wonders, because even with all of this 'bubble' stuff the number of new users keeps growing and we're hitting a new ATH every week (:In this article: http://dashplanet.blogspot.com/2017/11/whats-behind-about-bitcoin-bad-rumors.html, there's a good insight about the true reason why these people are spreading these rumors.
But I've been saying this for a long time, big CEOs from financial companies and bankers don't want to give people the freedom to do whatever they want with their money, they'd rather spread FUD about Bitcoin and shit on it 24/7 than lose customers just so they can keep their fiat ponzi alive forever. Good thing is that as the crypto community continues to grow every day (especially the btc community), so does people's awareness of Bitcoin and what it means for the future (privacy, anonymity, decentralized system), so that should give us some reassurance that all of this FUD won't have an impact on BTC.
But I think 'bad rumours' are just the beginning, I believe we have yet to see the true power of the 'elite'.
Jump to: