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Topic: BTC FUD (Read 476 times)

legendary
Activity: 1288
Merit: 1043
:^)
October 28, 2017, 08:00:28 PM
#30
I believe they are big investors who create those FUDs, they just want to buy BTC at low and then sell at high.
dunno about that one, there's only so much that people can do spreading fud, especially without being in a position of power and influence. when i say this, im referring to the recent events that have happened in the past few months. when the ceo of jp morgan spoke about bitcoin on september, the price of bitcoin dropped a bit. same with what happened when the chinese government moved to ban ico's. these aren't just wealthy investors and groups, these are people (and governments) in positions of influence, and their word carries as much, proven by the effect it had on bitcoin's value shorty after. im more inclined to believe that most of the individuals who try to spread fud here on the forum are just newbies that panic at every price dip honestly.
member
Activity: 186
Merit: 13
October 28, 2017, 07:51:50 PM
#29
I believe they are big investors who create those FUDs, they just want to buy BTC at low and then sell at high.
legendary
Activity: 1694
Merit: 1005
Betting Championship betking.io/sports-leaderboard
October 28, 2017, 04:11:08 PM
#28
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Of course they are. Bitcoin hurts them because it interferes with their line of business, and it takes away many of the power and control they possess right now. They have all the reasons to try to manipulate the population, in pathetic attempts to keep the price low and shut down bitcoin. The think is, that no one really pays attention to them, and for all that is worth, they are just proving that BTC is huge, and it has a great future ahead.
full member
Activity: 308
Merit: 106
October 28, 2017, 03:54:23 PM
#27
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.
I completely agree with you. China is often spoken about the ban, when the price peaked, and after the price falls again China is softening its position.
sr. member
Activity: 454
Merit: 251
October 28, 2017, 03:48:07 PM
#26
If you think that bitcoin is being attacked now then wait like 5 years more. The only way to fight against this is to spread awareness and knowledge and I believe this is why we have this forum in the first place. If people really understand how bitcoin works and what is it really about, I doubt anyone will ever sell again or take what a CEO of a bank will say.

The problem is the nature of technology adoption (the S-Curve). It basically means that most users are newbies and don't understand the technology. This time window we are currently in is the prime time for attackers to try to take over the protocol (XT, Classic, BU, Bitcoin Cash and now Segwit2x). They are taking advantage of the fact that most people don't understand why Segwit2x -- and backroom deals and businesses leveraging their users against consensus -- are a problem. And now they are moving forward with the attack.

They were never able to gain consensus before forking (see XT or BU), so now they'll fork and try to force users' hands through high difficulty on the legacy chain + miners forking. If they succeed in co-opting Bitcoin, I think we'll see a lot of Core developers leaving for other projects. I'd be excited to see where they go..... that's the one upside.
sr. member
Activity: 770
Merit: 254
October 28, 2017, 03:15:58 PM
#25
Oh well, what can i say? Another day at the job.

Clearly, some of these guys talk crap about Bitcoins because they are jealous with the early adapters and are too afraid to jump in themselves. That is why they wanna take as many people as they can to their miserable state or break bitcoin so that no one can benefit from it. Another reason is that they want the price to go down because they, themselves want to invest or ar investors on dips. Another is because their businesses are mostly ran by fiat and banks. This threatens their businesses.

Those are the only main reasons i can think of. Or maybe some just wanna troll.
But whatever the case, I ain't leaving the crypto world. Most specially bitcoin.
I think you missed my point here, it is not about someone being jealous, I am talking about market manipulation caused by bankers and very rich and influential people.
I am pretty damn sure oil billionaire isn't jealous Cheesy
sr. member
Activity: 987
Merit: 289
Blue0x.com
October 28, 2017, 01:37:45 PM
#24
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Oh well, what can i say? Another day at the job.

Clearly, some of these guys talk crap about Bitcoins because they are jealous with the early adapters and are too afraid to jump in themselves. That is why they wanna take as many people as they can to their miserable state or break bitcoin so that no one can benefit from it. Another reason is that they want the price to go down because they, themselves want to invest or ar investors on dips. Another is because their businesses are mostly ran by fiat and banks. This threatens their businesses.

Those are the only main reasons i can think of. Or maybe some just wanna troll.
But whatever the case, I ain't leaving the crypto world. Most specially bitcoin.
member
Activity: 532
Merit: 13
October 28, 2017, 01:35:42 PM
#23
There is nothing fundamental to support bitcoin price except supply and demand from traders and investors. Stock prices are supported by company results. Fiat currencies used to be supported by gold assets by countries. Every item that can be traded can be have its value manipulated.
hero member
Activity: 910
Merit: 523
October 28, 2017, 01:30:30 PM
#22
Big players or whales will remain quiet whenever bitcoin price drop back due to they are buying bitcoin, but for banksters who afraid of bitcoin potential which may harm their business will always spread missleading information and fud news about bitcoin.
I consider, calling bitcoin as a bubble as a normal thing due to its price could rise instantly within hours and will corrected in the next day, but it isn't so bad, because bitcoin could stand still and recover again in short term. What really matter is not their statements about bitcoin, but how people in this crypto-world respond to it, whether they are believe in bitcoin or intrigue to panic sell.
full member
Activity: 266
Merit: 101
The revolutionary AI gaming ecosystem
October 28, 2017, 12:39:08 PM
#21
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Yup the people who get covered on media outlets have influence over the public and can definitely sway a mind on the fence. This in turn allows them to manipulate price and therefore get a favorable price for them. It feels like

market manipulation but since there is no regulation here and that would be hard to prove it just goes like that and there is nothing we can do about it right now. Even when that Jamie CEO went and said bitcoin was stupid and

a fraud but then later that day picked up bitcoin on Sweden's NASDAQ the worst that occurred was a market abuse claim and that was that. Until we get regulation we cant hold people like this accountable for anything.
legendary
Activity: 1288
Merit: 1043
:^)
October 28, 2017, 12:38:12 PM
#20
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.
i think its mostly the newer people that have zero experience in financial holdings that do this without knowing, they've never experienced their assets being devalued, and thus panic unreasonably. since bitcoin has surged in popularity recently, it only makes sense that all these newcomers would needlessly contribute to this effect. it might take a while, but i'd think these newbies come to learn after a while to trust in the strength of bitcoin. also doesn't help with all the forks going on lately, theyve made for bigger and more frequent swings than in the past.
hero member
Activity: 782
Merit: 500
October 28, 2017, 12:35:57 PM
#19
If you think that bitcoin is being attacked now then wait like 5 years more. The only way to fight against this is to spread awareness and knowledge and I believe this is why we have this forum in the first place. If people really understand how bitcoin works and what is it really about, I doubt anyone will ever sell again or take what a CEO of a bank will say.

There will always be the kind of people who will follow a public person's advice , just cause they are rich or are involved with jpmorgan.
member
Activity: 89
Merit: 10
October 28, 2017, 12:35:13 PM
#18
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Of course trying to cause a crash is beneficial for all traders so a lot of them will come up with some sort of fud to try and encourage people to sell.
staff
Activity: 3500
Merit: 6152
October 28, 2017, 12:33:54 PM
#17
If you think that bitcoin is being attacked now then wait like 5 years more. The only way to fight against this is to spread awareness and knowledge and I believe this is why we have this forum in the first place. If people really understand how bitcoin works and what is it really about, I doubt anyone will ever sell again or take what a CEO of a bank will say.
legendary
Activity: 3178
Merit: 1054
October 28, 2017, 12:27:37 PM
#16
These guys might be telling that in hopes to see if increases more! Normally when influential people come and say something, their followers and "haters" will read it and manipulate even more the asset that is the topic, in this case the BTC. They also see that this can give a lot of financial freedom, so they wont just make this bubble burst now, and ruin it for them!

it always happen here in the forum on some altcoins that we most support. i remember vitalik have some edited photos sniffing solvent just to fud. its price drop from $12 to $7 when it was being forked and being fud as well. those were the time we bought a lot of ETH too.  Grin
sr. member
Activity: 476
Merit: 250
October 28, 2017, 12:19:37 PM
#15
These guys might be telling that in hopes to see if increases more! Normally when influential people come and say something, their followers and "haters" will read it and manipulate even more the asset that is the topic, in this case the BTC. They also see that this can give a lot of financial freedom, so they wont just make this bubble burst now, and ruin it for them!
sr. member
Activity: 644
Merit: 299
October 28, 2017, 12:11:37 PM
#14
That has always been their way so it is not a surprise. It is just unfortunate that some of these guys who complain about being robbed of their future by these guys are the same set of people who panic and drop their cash for them at loss for these guys to profit.
The same Jamie that condemned bitcoin made xbt transactions for his client fee days later. I really hope people can understand what this guys are always out for! To rip people off their assets, which has been their normal way of hustling from the beginning. (Deceptions and manipulations)
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 28, 2017, 12:10:57 PM
#13
Everyone got the reasons to believe that bitcoin is indeed a bubble. Astronomical gains without any solid reason for that to happen in the first place, lack of acceptance from merchants, no real world usage with a $100B market cap? Seems to be a bubble to me. Also, within a short span of time, it would be gaining 1200% of its original value. Everything points out as bitcoin being a bubble and I hate to admit it but it seems very likely that everything is just some artificial gain controlled by a few rich people.
legendary
Activity: 1148
Merit: 1048
October 28, 2017, 12:06:42 PM
#12
Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

hell to the yes, and I preach this from week to week, when we experience it. every time we get anywhere near a new ath, the media, which largely avoided mentioning bitcoin (cuz Trump is the whole of the goddamned news over here, saying that as a moderate leaning liberal). and the only other time we make the news is for bullshit, like when people get kidnapped and are almost sold for btc (terrible idea kidnap bros!).


this is illegal, and after btc is regulated a bit more people will start to use legal force to stop shit like this. the banks (yes banks) know exactly what they are doing. funny how bitcoin is a non isssue, until it isnt.
legendary
Activity: 2492
Merit: 1018
October 28, 2017, 11:49:56 AM
#11
Ask Jaime Dimon what he did to acquire BTCs because that's what I heard on social media. It happened just recently that BTC price went down from $5K to $4K .  A person who has influence to the public and will declare BTC as scam can have a big effect while he also did it while China banns BTC. ITs a good time to fud while he prepares his money to buy BTC.

Manipulation is always there now that they knew BTC value will soon be more than $5K
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