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Topic: Bitcoin FUD - page 2. (Read 279 times)

copper member
Activity: 168
Merit: 2
April 02, 2018, 11:23:59 AM
#6
Here is some fud news for you guys  Grin
Quote
Where Will Bitcoin Be in a Decade? $100 Is More Likely Than $100,000, Says Harvard Economist
http://fortune.com/2018/03/06/bitcoin-price-10-years-harvard-kenneth-rogoff/

It's a Harvard professor, guys! He knows his stuff. We gotta all sell now before it drops to $100 a pop lol  Cool

Just read the same article on newsbtc but what people don't realize is that he is not a crypto professor but rather an economist  Grin Grin
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
April 02, 2018, 11:20:35 AM
#5
Bitcoin doesn't drop solely because of FUD. It's simply because less people are buying bitcoin, and more are selling. That's pretty much it.
legendary
Activity: 2604
Merit: 1036
April 02, 2018, 11:17:45 AM
#4
Here is some fud news for you guys  Grin
Quote
Where Will Bitcoin Be in a Decade? $100 Is More Likely Than $100,000, Says Harvard Economist
http://fortune.com/2018/03/06/bitcoin-price-10-years-harvard-kenneth-rogoff/

It's a Harvard professor, guys! He knows his stuff. We gotta all sell now before it drops to $100 a pop lol  Cool
full member
Activity: 448
Merit: 109
April 02, 2018, 11:15:02 AM
#3
Basically it is hard to predict any market movments even harder to predict the crypto market. Point I am trying to make here is that many people will say FUD when bitcoin or any other cryptocurrency is dumping and everyone will look at talk about nice features and implementations when the market is doing good. It is jut that people are trying to make reason out of things there is no rason, or really little attached to it. If price is going down, more people are selling than buying and revearse and this is what it is.
legendary
Activity: 2380
Merit: 2369
Catalog Websites
April 02, 2018, 11:12:21 AM
#2
It's not only about the FUD, I've been reading for months that BTC will go down to $1k or $2k, so that kind of information is still stuck in the head of many people, so they keep selling and selling, and the market keeps going down.
copper member
Activity: 168
Merit: 2
April 02, 2018, 11:08:30 AM
#1
Seems there is no FUD now but bitcoin is still down and it might go down more. Whats the reason for this because if there is no FUD then bitcoin should be rising not falling day by day. It seems only South Korea and Japan have faith in cryptocurrencies at the moment. And also maybe the whole bitcoin regulation fiasco is having effect on the price.
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