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Topic: Can FUD destroy bitcoin? - page 15. (Read 1616 times)

hero member
Activity: 1890
Merit: 831
April 24, 2018, 09:44:01 AM
You know it cannot destroy Bitcoins completely but rather it can make value fall down several folds.
The FUD's mostly affects the newbies and the people who just invested in the crypto market .. because more or so .. the old ones are very familiar with all this stuff thus it doesn't affect them ...
But the newbies are easily persuaded ..thus I think it can to a extent but after that even the ones encashing will realize ... about the false news.
hero member
Activity: 3010
Merit: 629
April 24, 2018, 08:09:02 AM
Well fud cant destroy bitcoin and that's a fact. Everytime we are in bear market, spreading fud is quite common especially by those who are against in cryptos or not in favour of blockchain technology.

They spread lies trying to convince the investors to let go their btc because it cant recover anymore and can drop to zero. Only weak investors and newbies will buy such lies because they are not knowledgeable or lack of experience on how btc works. However this situation is an opportunity to others who are waiting for the price to get lower so they can buy btc in much cheaper price.
full member
Activity: 294
Merit: 100
April 24, 2018, 07:53:41 AM
Let's not panic. The price of bitcoin is now influenced by many factors, but it is unlikely that it will be able to destroy bitcoin now.
newbie
Activity: 140
Merit: 0
April 24, 2018, 07:44:41 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?
In my opinion, FUD can not affect the value of bitcoin. Professional investors never suffer from bad news affecting their portfolio. Therefore, the FUD only affects people with weak psychology. Those people will sell off all the coins and get rich for big investors. FUD is good for those who understand the value of Crypto and Blockchain technology.

People are smart specially mellinials, FUD cannot affect the credibility of what Bitcoin holds. Professional investor are resourceful they are not easily jump into a business without knowledge. Bitcoin will not be popular as number one crypto and exist until now if FUD affect Bitcoin portfolio.

member
Activity: 532
Merit: 10
April 24, 2018, 07:31:40 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?
I think FUD is an opportunity for me to make a profit from investing. FUD will make a lot of people panic and sell their pennies. I will take advantage of that and buy all of them and hold on until the price goes up.
I am not too scared of FUD because I know the future of bitcoin is long and this is the best bitcoin development time.
member
Activity: 770
Merit: 10
https://streamies.io/
April 24, 2018, 07:28:33 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?
In my opinion, FUD can not affect the value of bitcoin. Professional investors never suffer from bad news affecting their portfolio. Therefore, the FUD only affects people with weak psychology. Those people will sell off all the coins and get rich for big investors. FUD is good for those who understand the value of Crypto and Blockchain technology.
member
Activity: 266
Merit: 10
April 24, 2018, 07:25:56 AM
probably no but it has affects on the markets and also has affect by the environment whales use fud to buy to a panick seller they can buy cheap bitcoin or alts and all that they need to do is wait and sell
full member
Activity: 434
Merit: 168
April 24, 2018, 07:18:27 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?
No ! fud is the one who helps to bitcoin to decrease and to increase more because people or rich people want to buy more bitcoin when the value is too low the more low the more increase and because of fud theres a lot of people loss money so my advise is dont invest when you dont have knowledge.
full member
Activity: 518
Merit: 103
April 24, 2018, 07:12:29 AM
First of all FUD means, Fear, Uncertainty and Doubt. People create the fear for those people who do not understand what is cryptocurrency all about, if you have heard people saying that bitcoin is a bu ble, they introduce that fear since, once people fear the bubble, they will then become uncertain of ehat they are doing, rather than thinking logically, fear will overcome them, then afterwards, the will doubt evrything, once they saw a downtrend, instead of buying in, they will stay away. FUDs will always be there, in any market, not just for crypto, but it will be up to the investors on how they will face it, but all in all, FUDs only destroys those who have weak hands, and not the real investors, who really took time in studying the market and gaining a lot of experience.
full member
Activity: 434
Merit: 105
ADAB ICO
April 24, 2018, 07:08:09 AM
It is like a gas it could start a fire but only if you put a flame with it.
The only reason why it could destroy bitcoin is when the weak hands fall for it and sell their coin.
There are so many news about crypto and it is causing FUD for the other investors.
newbie
Activity: 294
Merit: 0
April 24, 2018, 07:04:14 AM
FUD has every time but it destroy bitcoin I don't believe. It can drop the price which make the panic.
newbie
Activity: 114
Merit: 0
April 24, 2018, 12:26:43 AM
I don't think bitcoin can be destroyed. On the contrary, FUD is beneficial to the development of bitcoin community. Bitcoin is always growing again after constant revision.
jr. member
Activity: 318
Merit: 1
April 24, 2018, 12:20:20 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?
I usually do not pay attention to negative news. The market of cryptocurrencies is still too young and it is easy for them to manipulate. This is used by those who want to buy bitcoin at a low price.
copper member
Activity: 2898
Merit: 1465
Clueless!
April 23, 2018, 11:51:56 PM
Definitely NO! It will not affect bitcoins but the people who using bitcoins will affected of that, just like selling bitcoins in low price, those who are people have a weak hands to let go the opportunity to gain profit in bitcoins.
But the FUD's have stronger proof of bitcoins it will not destroyed the chance of bitcoins to be popular will be less.

I should be more clear, I don't think BTC can die due to FUD and the rest by the powerful...it CAN be slowed down and it CAN drastically effect prices

for example the MT. Gox Trustee always panic selling on the LOW ..you think that wasn't planned? right? Stuff like that...but as long as ADOPTION

keeps the engine going for BTC we will be fine regardless of price..I have a hard time believing folk will buy the 'trust us with crypto" by gov't's and banks etc

but then again, the masses did elect as president donald trump....so wtf do I know?Huh??

jr. member
Activity: 185
Merit: 2
April 23, 2018, 11:45:49 PM
Definitely NO! It will not affect bitcoins but the people who using bitcoins will affected of that, just like selling bitcoins in low price, those who are people have a weak hands to let go the opportunity to gain profit in bitcoins.
But the FUD's have stronger proof of bitcoins it will not destroyed the chance of bitcoins to be popular will be less.
copper member
Activity: 2898
Merit: 1465
Clueless!
April 23, 2018, 11:36:45 PM


Well, I must say, there seems to be MORE FUD now from established banking concerns than ever before. There was a time a year or so ago, when the major banks

thought they could just ignore crypto and it would go away. Now, having to incorporate some of the blockchain tech into banking they are faced with the problem of

IF blockchain on banks is OK for tech advancement (centralized, where we run the crypto completely from the top down)

Well, the banks and others are faced with the problem of ....why is a blockchain run from a decentralized direction upward and open sourced bad..

yeah, they figured out both can work, but if the decentralized versions of cyrpto continue to catch on..they will be out of business...

thus bring on the FUD (fear, uncertainty and dismay)

All they have to shoot down BTC and other crypto tech advancements is to say that 'decentralization and open source" is the realm of anarchy and madness

so when the price goes up to fast and crypto and BTC gets too much 'good press' (actual reporting of how it works etc)

The banks and their minions in government around the world all pile on, with FUD to slow down or confuse the issue

this IMHO will be obvious right around the time of 10k BTC again and high alt prices reflected on such .....in the next week or so

so expect the backlash then ....the usual articles , bitcoin is a ponzi, used by druggies, India always piles on with someone saying a complete ban on crypto,

government regulators to keep the banker minions happy, usually then state their support of banks and 'regulating the unruly crypto crowd"

rinse/wash/repeat

so yeah, IMHO they can slow it down quite a bit for a brief amount of time...but it is like trying to hammer jello, ...but my bet is at 10k BTC the sh*t will

hit the fan again FUD wise....it has been the pattern in the past

brad
hero member
Activity: 826
Merit: 501
April 23, 2018, 11:26:43 PM
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?
We can see the price had fallen and i think its all because of the FUDS that were spreading in the entire bitcoin community.Apparently it affects the trust of its user if these would continue to scares us due to these continous rumors.If people would think negatively in bitcoins existence i can sense that there will be behind the scenes that were happening that causes bitcoins to fall permanently.We are just hoping that people will see its advantages rather than seeing the little lapses that bitcoins concept and protocol.
member
Activity: 224
Merit: 10
April 23, 2018, 11:11:03 PM
I personally do not believe it can destroy bitcoin, though it can make the price to dump. If you have observed well in the past weeks how many FUD news that have been carried, and it has really caused a lot of dump of bitcoin and other crypto currencies as well. I can say most of the news is fake but most newbie and panic sellers just rush to sell their coins they hear a bad news. The lesson is for people to learn to stay calm otherwise they will continue to lose money.
newbie
Activity: 154
Merit: 0
April 17, 2018, 05:45:25 PM
No. While there may be some immediate damage to the reputation and price of the bitcoin when there is an FUD, it does not have the weight to sink the bitcoin. The answer remains a no.
full member
Activity: 448
Merit: 100
April 17, 2018, 05:31:33 PM
No amount of FUD can destroy bitcoin. The strength of bitcoin has been greatly revealed over the years. Bitcoin has continued to wax stronger  in spite of very many challenges. The price has started going up and that is a reassuring sign that nothing can destroy bitcoin.
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