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Topic: Can FUD destroy bitcoin? - page 14. (Read 1616 times)

newbie
Activity: 99
Merit: 0
May 07, 2018, 07:54:35 AM
In my opinion. Fuds has been existing through these years and bitcoin still existing. It cannot destroy bitcoin it proven many times but look into bitcoin market it still alive. Fuds may resulted into traders such as panic selling that affects prices decreasing but it will increase again.
jr. member
Activity: 130
Merit: 3
May 07, 2018, 07:51:00 AM
FUD will never destroy bitcoin.Price drop will be there for some time but Bitcoin will not destroy.  Cheesy
member
Activity: 588
Merit: 11
May 07, 2018, 07:46:22 AM
Bitcoin recieved a countless of FUDs and criticisms that caused some of its worst price crashes in recent years but it always managed to recover and even reached new all-time highs. Known for its resilience, bitcoin overcame some past government crackdowns on virtual currencies and exchanges. FUDs and other negative are already part of bitcoin and expect more to come. Bitcoin can survive all kinds of attacks because investors and holders continue to support it.
full member
Activity: 518
Merit: 100
May 07, 2018, 07:09:48 AM
Can unambiguously affect price. But completely to destroy - very much and it is very improbable since not all people come under promotion influence.
copper member
Activity: 269
Merit: 0
May 07, 2018, 07:06:49 AM
Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?
It is a natural thing in the crypto world that the price of cryptocurrency always react to news with regards to crypto. If it is FUD then usually the price of bitcoin will go down because many holders will sold their coins out of fear. But i don't think that FUD can destroy bitcoin.
jr. member
Activity: 154
Merit: 1
May 07, 2018, 07:00:12 AM
FUD and other scammers just could destroying its price and disturbing its vollatile. to destroy bitcoin itself? no. it wouldnt. there are always people to buy full power when bitcoin prices go down.



I do not think it's possible.
we usually call them "beginners" or "panic sellers". they are not all markets, even the rest of the market enjoys this group because they are a way to make profit easily and big time.
and the reason is very simple. FUD does not affect everyone! it always forge information to create fear of uncertainty and doubt in the market but that will only create such feelings among a certain group of people who do not understand what is going on.
full member
Activity: 1442
Merit: 108
May 07, 2018, 06:54:22 AM
How many FUD periods has btc survived? Countless! If anything, FUD will make it stronger and allow for better btc distribution. It will go from weak to strong hands, which is better for its future.

Very good point made here. I think this validates how beneficial or important block chain and crypto is for the society.

Bitcoin has survived so much FUD only because it has got some real benefits and usage. If it was really a bubble or ponzi scheme, it would have disappeared by now. Even some countries are impressed with its growth and planning to launch their own crypto.
full member
Activity: 364
Merit: 130
May 07, 2018, 06:47:40 AM
Understanding cryptocurrency especially bitcoin is a very valuable knowledge today for me, the promised profit is incredible and it can change your 180-degree economy personally. It would be very propped when the technology trip is smooth - smooth course, without the issue of tilt, ban and so forth. Well, FUD here is part of the challenge that must be faced by this future technology to be able to prove that this technology should be maintained. If the majority of bitcoin users do it, it could have destroyed bitcoin, because the fate of this technology is in the hands of its users.
newbie
Activity: 52
Merit: 0
May 07, 2018, 05:52:52 AM
How many FUD periods has btc survived? Countless! If anything, FUD will make it stronger and allow for better btc distribution. It will go from weak to strong hands, which is better for its future.
jr. member
Activity: 308
Merit: 8
May 07, 2018, 05:52:35 AM
Education and experience is the key to FUD.When you sell off your coin because of panic in the market you will lose money and after some hours the price reverse and move up but you have already lost, that becomes your experience and education  for future use.
sr. member
Activity: 2618
Merit: 439
May 07, 2018, 05:52:25 AM
Perhaps not, but it can change the price. It also depends on what scale the FUD is distributed and how reliable it looks. But for the most part - IMHO it has no effect on the coin.
So there is what we call short term effect. Which means that the price could experience a minor dip because of the FUD. However, long term though, when everyone understands what's going on and if the FUD is real or not, the price will pick up and totally forgot that FUD. And then its goes on another cycle, another FUD comes in, bitcoin bounce back. So it can't really destroy bitcoin because I'm sure that as we mature, this kind of FUD will just be a normal process that we are going to see everyday. And everyone doesn't care anymore, simply as that.
sr. member
Activity: 574
Merit: 250
May 07, 2018, 05:46:33 AM
FUD is affecting to everyone but in very different way. Whether you’re a day trader or long-haul investor preparing for retirement, losing money in any money market is a suck. And Fear is a first reason for loosing your funds.
newbie
Activity: 69
Merit: 0
May 07, 2018, 05:39:25 AM
I don't think so
newbie
Activity: 33
Merit: 0
May 07, 2018, 05:32:02 AM
Bitcoin will not be destroyed.  The big institutions wants the bitcoin price to become very low for them to buy a the cheapest price. To do this they need to create a FUD to current bitcoin investors and retailers. This FUD will be heard everywhere and on news broadcasting company. When the bitcoin price is at low. Big institution will buy a lot.
hero member
Activity: 840
Merit: 520
May 07, 2018, 05:21:41 AM
Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?
Obviously the valuation of bitcoin will get effected if someone is spreading wrong perceptions about bitcoin because if you know something bad about anything then u will definitely hesitate in interacting with them them it is the investment where your money is engaged because people are much more conscious about their money and if anyone is spreading that if you are investing then your money will be drown then obviously you will hesitate in investing your money so yes fud could not destroy bitcoin but it can effect the valuation of bitcoin.
newbie
Activity: 38
Merit: 0
May 05, 2018, 09:10:57 AM
Yes, especially for people who is new in Crypto and they just have less knowledge. So they can be easier manipulated by FUD. But don't worry, right now there is many knowledge that can be searched on internet, so it can build their trust on crypto.
member
Activity: 266
Merit: 10
May 05, 2018, 09:06:43 AM
I do not think much can be done to destroy bitcoin,we have seen some nasty stuffs coming from both the Media and government and somehow bitcoin has always come out stronger.it will change the way we do things eventually.bitcoin is here to stay.
newbie
Activity: 238
Merit: 0
April 24, 2018, 11:28:04 AM
There is nothing to prove for the Bitcoin. And it does not matter how big the FUD is. They lave looses their acceptance to the people. If we think the new user, I think we should take the responsibility to present the BTC positively. There is no Chance for destruction of BTC.
sr. member
Activity: 882
Merit: 403
April 24, 2018, 10:37:43 AM
Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?


While I believe that FUDS really can affect the price of bitcoins depending on the FUD and where it came from, I most certainly do not believe that it can destroy bitcoins as easy as that. Simply because not all of the investors of bitcoins are newbies and haven't done their own research or do their own research to confirm whatever FUD there is out there.
sr. member
Activity: 672
Merit: 250
April 24, 2018, 10:32:31 AM
Seen a whole load of FUD over the years and Bitcoin is still going strong.

FUD can rock the price, there's no doubting that, however things normalise pretty fast. To be honest the only way I can see Bitcoin (cryptocurrency in general) realistically being "destroyed" is if banks and Governments make life problematic for being associated with it.
Simple as ABC. If we want to count the number of FUDs that we have had in the past, I am sure bitcoin would have been dead a long time ago. Banks and government have also tried their best and simply if they could do something, they would have done it a long time ago. Sure, they may decide to start coming up with some hard policies that may affect the cryptocurrency space, but at the end, it seems the community will just keep responding stronger.
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