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Topic: Amazing how many negative stories about BTC have come out today without a source (Read 251 times)

sr. member
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Isn't that how most FUDs work, they just claim that bitcoin and other reputable currency is bad even thoigh they don't have an evidence. It's not amazing but appalling because it doesn't create a healthy argument, they just accuse without a proof to uphold their claim.
hero member
Activity: 938
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink


It has always been like that and always will be like that. As Bitcoin grows everyone is happy about it, when the rally ends and a correction begins, everyone becomes negative and predicts the end of the Bitcoin. And then Bitcoin surprises us again with a new record Wink

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Time to buy cheap Wink

When the price goes down it's time to go shopping Cheesy
hero member
Activity: 1344
Merit: 540
already familiar, plus a few days ago Bill Gates as a Bitcoin hater, started trying again to lower the mental bitcoiner. I am sure this will not stop at any time. so back to our strength and trust in bitcoin. if we ourselves are not sure then what should we hold on to.
no matter what kind of speculation that wants to drop bitcoin, because in the end they will be quiet for a long time after the price of bitcoin recovers quickly.
Yea, this is not new, 2017 was full of FUDs and rumors and manipulation from whales. I'm not sure about Bill Gates but who will forgot Jamie Dimon's statement that really case the market to go down very hard. But his banks are secretly buying tons of bitcoin and then when the price recover, the short it and laughing their ass off. So I guess it will happen again in 2021 because we are in bull run that we never seen before. Lots of money are flowing in the market, courtesy of institutions and big companies.
sr. member
Activity: 2268
Merit: 275
already familiar, plus a few days ago Bill Gates as a Bitcoin hater, started trying again to lower the mental bitcoiner. I am sure this will not stop at any time. so back to our strength and trust in bitcoin. if we ourselves are not sure then what should we hold on to.
no matter what kind of speculation that wants to drop bitcoin, because in the end they will be quiet for a long time after the price of bitcoin recovers quickly.
full member
Activity: 644
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Ecowatt.io
Hello everybody. Unfortunately, a person, not understanding the reasons for this or that negative event, often shouts “all is lost”, and as a result of these events, various negative stories arise that have not been confirmed by any sources. In the cryptocurrency market, such panic moods are typical for beginners who do not want to understand the properties of the price chart movement. In recent days, the price of bitcoins has corrected, many have lost money on this movement, it is very difficult to come to terms with such things, so negative news begins to prevail over positive. But this is the market - today you are losing here - tomorrow you will definitely earn.
legendary
Activity: 2562
Merit: 1441
Amazing how many negative stories about #bitcoin have come out today without a single named source.


Its been that way for years. Anonymous unnamed sources being quoted under the same context as peer reviewed, expert, witnesses.

There were fake news stories about bitfinex/tether being market manipulation to over-inflate bitcoin's price in 2017.

Fake news stories about fake quantum computers threatening the integrity of cryptographic protections. Which some said jeopardized bitcoin and cryptocurrencies.

Fake news stories about crypto being safe havens for criminals, drug cartels and money launderers. Fake news about bitcoin being a bubble. Fake news about bitcoin's energy consumption being fueled by environmentally unfriendly sources of power.

There have also been many fake negative stories published on Elon Musk/tesla/amazon and other topics which would appear to make them somewhat politically motivated.

A high percentage of news published by trusted sources today is contrived or agenda serving in some way. On top of being inaccurate.
sr. member
Activity: 1120
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Some of the people who are making negative stories about bitcoin have two possible motives.

Maybe they want people to stop investing on it or they just want to make stories to fool people.

Always remember that you should always need sources when you read something because it is hard to believe on something without a proof. Also BTC is volatile and it is given to have a downward price in the market. What are you expecting? Bitcoin is not always in an upward movement due to corrections.
sr. member
Activity: 481
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We all know why this is happening now. So you should just wait and do nothing.
legendary
Activity: 3010
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Leading Crypto Sports Betting & Casino Platform
seems like someone is trying to get in and buy in bulk but using FUD before hand to bring the price down  Tongue I've seen increase in publication regarding bad side of bitcoin in many medias as well but that doesn't mean it's the end of the bullrun.
Doesn't matter what these publications or negative stories fudsters gonna say about bitcoin but people around the world already bullish with cryptocurrency therefore BTC if got dumped eventually gonna go up again anyway. but one thing for sure though, follow the quotes "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" so you won't be the one who loses.
sr. member
Activity: 1610
Merit: 264
Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink

Well it is the reaction of the investors that matters in the end.
One business would destroy other to dominate the market. I see as well by the way that you directly quoted the tweet, so yeah.
Remember how many celebrities talk crap about Bitcoin back then? They're just saying what they think that they don't want but still people get driven by them.
legendary
Activity: 2436
Merit: 1362
It seems to me that every time a Bitcoin price correction happens,the FUDsters come out of their rabbit holes and they start with the "I told you that Bitcoin is a scam but you didn't believe me." type of posts.
I assume that even the Bitcoin bulls will secretly join the FUD army,just for the sake of spreading more panic and forcing a bigger BTC price drop,so they could buy cheap Bitcoins later.
The good thing about this is that a bloodbath is coming in the overvalued altcoin markets....


The recent price corrections are perfect opportunities to spread FUD in the hopes of
flushing out the weak hands to buy cheap coins. Some bulls probably take part in the
spreading of FUD.

There certainly will be a bloodbath in the ALTcoin market, whats going on with
some coins is unsustainable and diverting attention away from the only coin that
matters - BTC
member
Activity: 251
Merit: 80
It seems to me that every time a Bitcoin price correction happens,the FUDsters come out of their rabbit holes and they start with the "I told you that Bitcoin is a scam but you didn't believe me." type of posts.
I assume that even the Bitcoin bulls will secretly join the FUD army,just for the sake of spreading more panic and forcing a bigger BTC price drop,so they could buy cheap Bitcoins later.
The good thing about this is that a bloodbath is coming in the overvalued altcoin markets....


Lolll this what I do how you know?
hero member
Activity: 3164
Merit: 937
It seems to me that every time a Bitcoin price correction happens,the FUDsters come out of their rabbit holes and they start with the "I told you that Bitcoin is a scam but you didn't believe me." type of posts.
I assume that even the Bitcoin bulls will secretly join the FUD army,just for the sake of spreading more panic and forcing a bigger BTC price drop,so they could buy cheap Bitcoins later.
The good thing about this is that a bloodbath is coming in the overvalued altcoin markets....
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Well, fake news are the norm now... and the spreading of FUD is everywhere.

I have seen a surge in the aggressive marketing of shitcoins too on popular Social media platforms and I think the fake news about Bitcoin is directly linked to this. The agenda is to push people away from Bitcoin and to boost Alt coin adoption as an alternative, because they know people are greedy.

Alt coin shills tend to forget that Bitcoin is the anchor "token" and if investors gets spooked with Bitcoin being the biggest coin, then they will never invest in other coins. (If the biggest fall, the rest will fall quickly)  Roll Eyes
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
Negative stories without any concrete source were spread about Bitcoin ever since it's creation in 2009. A lot of people got influenced by these stories and sold their coins at a loss. A minority of the investors chose to ignore these rumors. The first category of users are regretting about their decision now. And the same will happen to those who are selling their coins during dips. The future potential of BTC looks very bright. Anyone who holds Bitcoin for the long term will benefit from this investment as long as he doesn't listen to the rumors.
hero member
Activity: 2590
Merit: 644
Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink

^ I never doubt that BTC will receive negative stories/feedbacks, hearsay, and gossips. Not just because Bitcoin is becoming mains stream, negative stories have been there since was created and just like the as usual for the mainstream. And I guess it would not be bad if we consider or we find it as something to appreciate. It only means that we are kind of halfway there.
Nevertheless, the downs were always there and from a percentage perspective, the lows today are actually not that affecting compared to what we have experienced back then. Let us just enjoy and stick to what we are doing to take advantage and let us keep the naysayers stay there and keep on doing what they are doing as it helps.
sr. member
Activity: 2086
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With the current increase in bitcoin prices, of course we are not surprised if we hear a lot of negative news about bitcoin, of course this is already familiar to cryptocurrency users, so in my opinion for now we shouldn't be easily influenced by FUD.
I firmly believe that they just want the market price to go down in order to make a lot of profit.
full member
Activity: 840
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if we have enough capital, it is better to take this opportunity to buy BTC because if the price of bitcoin goes up again we will lose this opportunity. quickly take a decision before we regret it later, it's not that easy bitcoin will be destroyed in a short time, this is just a trick to take profits for investors.
full member
Activity: 268
Merit: 100
Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink

When we hear any problems, you should check that information right or wrong, where to originate. Want to believe what must be established. Just like you hear many negative stories about Bitcoin without origin. It is necessary to have a specific understanding of Bitcoin. Today I watched TV, I saw the Bitcoin market very vibrant.
full member
Activity: 1260
Merit: 103
The negative stories always go alongside the positive ones. This is not a problem at all. If you give more attention to the positive stories you will be bullish despite all these never-ending FUDs. And, well, Bitcoin's strength grew during those times when almost all stories about it are negative. There is no reason to fear and doubt now. If you do, Bitcoin doesn't care and will continue to grow.
I do agree that it is not a problem at all, I mean if you are smart, you can use the negative side to make more money, that is if you are a smart person and not someone who easily panics because the prices are down or FUDs are spreading.

When you make this kind of purchase – which you should never do – you are speculating. This is not a useful activity. You’re playing a psychological, win-lose battle against other humans with money as the sole objective. Even if you win money through dumb luck, you have lost time and energy, which means you have lost.
member
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The negative stories always go alongside the positive ones. This is not a problem at all. If you give more attention to the positive stories you will be bullish despite all these never-ending FUDs. And, well, Bitcoin's strength grew during those times when almost all stories about it are negative. There is no reason to fear and doubt now. If you do, Bitcoin doesn't care and will continue to grow.
I do agree that it is not a problem at all, I mean if you are smart, you can use the negative side to make more money, that is if you are a smart person and not someone who easily panics because the prices are down or FUDs are spreading.
hero member
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You own the pen
Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink


This is common when the price is falling down and continuously for days like that. the only reason why they wanted to talk about it even they don't have anything to do about BTC is they just wanted to have a conversation with everything on the internet even though it's not their field at all. If only those ignorant about the crypto market will shut their mouth out, theories about the current situation of the crypto market will be subsided and we can see most of the news about it are right instead of seeing these guys open their mouths with any source.
sr. member
Activity: 2352
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I too feel like its trick which financial services used to do in the early days, when they wanted to get into something, they just announce that the item is not worth the price and quality/features are very bleak. The institutional buyers are getting into crypto everyday now and it will be more harder to spread these FUDs. Also the heavy players like Microstrategy are here to stay with buying crypto in every dip.
At the same time, during the period of rapid growth in the price of bitcoin and other cryptocurrencies, counting on quick profits, many private investors came to the market who do not yet know how it works. At the first negative information, they are afraid to sell cryptocurrency at a reduced price. This has happened many times and will continue to be. Such people do not come for a long time.
Cryptocurrency will inevitably be regulated by states, but this should not be intimidated. It will have to coexist with the currency of states and develop under the scrutiny of regulatory bodies.
legendary
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Not your keys, not your coins!
Amazing how many negative stories about #bitcoin have come out today without a single named source
News are on the media and are distributing to create hype and FUDs. Price is affected by hype and FUDs. I wait for more bad news in upcoming weeks. The chart reflects the fact that market will be in the period with bad news as supports for price corrections.

Beware of some truth: corrections are vitamins for growths, news are supports for corrections.

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Time to buy cheap Wink
Yes time to buy but don't remember to take profit. Take it when you can before it is too late. Profit will become loss if you don't take it.
legendary
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I too feel like its trick which financial services used to do in the early days, when they wanted to get into something, they just announce that the item is not worth the price and quality/features are very bleak. The institutional buyers are getting into crypto everyday now and it will be more harder to spread these FUDs. Also the heavy players like Microstrategy are here to stay with buying crypto in every dip.
sr. member
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink

How can you blame them?

Some of them are looking for Re entering so they wanna flood the market with negativities .

Some of them are Weak Investors that seeking for other opinion to what to do in this bearishness .

But the problem is that there is no even concrete Issue of what is going on , Why the market suddenly becomes Bloody red and where does the bad news comes from.
member
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There will always be FUD around Bitcoin and the whole cryptocurrency industry for that matter. I am not saying that these fake news can be positive, but one reason for this phenomenon is the fact that Bitcoin is now getting really valuable and many players are exerting any influence they can to push or downplay its value for their own personal interest. The kind of dynamism involved with and in Bitcoin is telling us that more and more people are getting interested with this digital asset and with the coming in of institutional money there is no stopping its train. We have to remember that FUD will most likely targeted on something that has real value and not anymore that is worthless.
hero member
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Also amazing how many people who were over-levereged got liquidated. People get too greedy and as a result they shoot themselves in the foot. Those of us with don't use debt who own Bitcoin can ride this wave with no trouble.

I've got nothing against using some debt but using a high amount of leverage is definitely too risky.

So the reason why I'm not getting into the Margin and Futures market. If there is just something else to do is just to buy and hold for a long time unless you need to sell for cash.

Felt sorry for those who risk going long while the market suddenly crashes because of the hash rate due to blackout in China. The market still is very easy to manipulate with just news that will affect the price.
legendary
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These stories were part of the traders and newcomers trying to make short term profit. Now the sudden decline in the market have caused a big disappointment and the outcome are these stories. Once again the marketcap have begun to increase, but this time it looks like the bull trend for the altcoins. Maybe after a small break the market of bitcoin will progress slowly.
legendary
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink

I have watched a video on Youtube hours ago and the amount of money liquidated in the past 24 hours is 300 Billion.
Take note there is a negative story that just spread in the internet and it doesn't have a source and yet this amount has been liquidated.

On the other hand, I took this opportunity to accumulate more Bitcoins. I bought some and then hold it or possibly sell it and will take some short term profits. As a contrarian, you should be taking opportunities like this and try to buy as much as you want as long as you have money because we see negativities in crypto as opportunities and I hope that there will be more investors who will think like this.

If you are planning to long term Bitcoin, this might be a big opportunity to buy. Buy it when its cheaper and sell when its expensive Smiley.
legendary
Activity: 2576
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The negative stories always go alongside the positive ones. This is not a problem at all. If you give more attention to the positive stories you will be bullish despite all these never-ending FUDs. And, well, Bitcoin's strength grew during those times when almost all stories about it are negative. There is no reason to fear and doubt now. If you do, Bitcoin doesn't care and will continue to grow.

By the way, are you the real @scottmelker?
full member
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This happened few years ago. I guess they are all wanting to buy and hoping that Bitcoin will dump. So they are spreading negative news about it to manipulate the price. But then, after the dump yesterday. Still many have saw this an opportunity to buy more. And look at the market today, we are recovering slowly.
sr. member
Activity: 1736
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink


This is similar to everything that happened in the previous bull markets like that of 2017. Halfway through the trend, series of negative news started to popup every now and then about Bitcoin that triggered several market dumps and the funny thing to even reason is the fact that altcoins would follow Bitcoin in digging a hole with dips. I will try to put some money together which I can use to buy some bitcoin and hodl for the next leg up.
hero member
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897
They're putting stories to drown the prices so they can get it for a very cheap price. That's very usual in the crypto market whenever there's a drop, there will be riders who would make themselves a favor by doing such.
Time to buy cheap Wink
Yes, as usual, this is the time to buy cheaper bitcoins.
full member
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I think the main lesson that can be learned from the past day, which can hardly be called a "black resurrection" is that rumors are sometimes stronger than objective and verified information. And bitcoin itself is already very much dependent not on the actual indicators of the cryptocurrency economy and ecosystem, but on ordinary speculators, as in other financial markets. In general, this is rather sad but not tragic at all. We all learn sometimes from mistakes to learn more useful than from successes. So we do not lose heart and are optimistic about the future.
hero member
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Amazing how many negative stories about #bitcoin have come out today without a single named source
Time to buy cheap Wink
Other than the tweet that says there is a lot of negative news that are coming out what are the negative news that popped up in the last 48 hours. I do believe that the power outage in China and the subsequent hash rate drop has everything to do with the market correction but other than that the main rumor i heard was the crack down planned by the US treasury on money laundering.

 
legendary
Activity: 1526
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It is really sad to see so many people, who don't have a clue of what bitcoin is, attacking this coin. This is just another example of how social media has shown it can be used for good and for bad. To be honest it seems like the one thing BTC media is good at is spreading negative stories.
I really don't think it was just coincidence that the BTC downvoting and all the negative comments happened today at the same time. Perhaps that is why the positive voices are so few and far between.
hero member
Activity: 1890
Merit: 831
The price have definitely fallen a little but it's not too much. We have seen much more ups and downs. This seems to be a simple case of market manipulation. Which most people do understand and are not selling. We are still more than 60k which I do think is already a big achievement. Therefore these things are coming from people paying the news companies so that they can benefit from it.
Do not give it much thought. Things like that are really common and we should realize that by now and keep holding. Even if it goes beyond this price it's an excellent opportunity to buy. So if you do have BTC already then keep holding and if you do have some fiat then buy some BTC and hold them , simple and if you are doing none of the above then be careful and make sure fud's don't spread.
it's all about your individual approach and your trust in BTC itself.
sr. member
Activity: 1820
Merit: 436
Mostly its kinda normal at this time, when the market price of bitcoin is pumping people are just constantly talking about how bitcoin is going to pump at this price or reaching a million dollars or something, and so many price predictions online, mostly are good news about bitcoin to boost and pump the market price of bitcoin.

When the market price is dumping in bitcoin, most are panic selling and news is mostly bad news about it. I guess there are some manipulations where articles and news are kinda also controlled so that investors or companies could buy the cryptocurrency at a cheaper price make in the end make that profit.

It doesn't actually matter a lot in some individuals as long as you could with the movement of the market and sell when the market is green and buy when the market is red.
legendary
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Also amazing how many people who were over-levereged got liquidated. People get too greedy and as a result they shoot themselves in the foot. Those of us with don't use debt who own Bitcoin can ride this wave with no trouble.

I've got nothing against using some debt but using a high amount of leverage is definitely too risky.
legendary
Activity: 2128
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the amazing part is in the number of shorts in the past 24 hours from people who have been desperately trying to make profit from bitcoin falling.
the more amazing part is going to be the amount of money this very same people are going to lose when price goes back up without going any lower than the price they wished it to reach.
that "wish" is the reason for all the negative stories FUD today.
sr. member
Activity: 2268
Merit: 275
in my opinion, the negative story about Bitcoin at this time, is indeed very important as one of the balancers of the ecosystem in its growth. It's not that we have seen how the emergence of bitcoin until now, no less and no more, there are always stories that describe the collapse of the bitcoin market. in Chinese tradition the balance of Yin and Yang must go hand in hand. for that we as one of the two sides continue to race and prove to the world that bitcoin will always be a winner, today, tomorrow and later.
jr. member
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Amazing how many negative stories about #bitcoin have come out today without a single named source
https://twitter.com/scottmelker/status/1383815853590736897

Time to buy cheap Wink
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