Pages:
Author

Topic: Can FUD destroy bitcoin? - page 16. (Read 1616 times)

full member
Activity: 476
Merit: 100
April 17, 2018, 05:13:34 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?
a big NO, bro they are just spreading fud to buy cheap, some are real news but fud'ers do spread this negative news because they just want to earn more. those who are affected by FUD are the weak investor or newbies who are news in this trading, we can just look at what happen in this last big drop from bitcoin 100 percent to almost 30% its because of media a lot of new to bitcoin invested and they pulled it out because of heartache, but you can look at this dips as an opportunity too.
member
Activity: 392
Merit: 11
April 17, 2018, 04:52:42 PM
Bitcoin and any cryptocurrency cannot be destroyed. People can not buy into it. That's all they can do, stop interacting with Bitcoins, but this does not mean that Bitcoins are destroyed. Fudding will only manipulate Bitcoin's price, even that temporarily. So don't worry too much, Bitcoins or in general the idea of cryptocurrencies and blockchain technology are here to stay!
copper member
Activity: 617
Merit: 3
The wonders of the blockchain technology
April 17, 2018, 04:29:43 PM
no!

and the reason is very simple. FUD is not affecting everyone! it is always falsified information to create fear uncertainty and doubt in the market but it will only create such feelings among certain group of people who don't understand what is happening. we usually call them "newbies" or "panic sellers". they are not all the market, in fact the rest of the market is enjoying this group because they are the way to make profit easily and big time.

We can't totally say no on this matter,  though i aggree with what you pointed out,  but FUD will still affect btc market which will recover over time...
member
Activity: 294
Merit: 17
April 17, 2018, 04:05:52 PM
It affects the bitcoin community but I think it cannot destroy the bitcoin. There are many believers of bitcoin if those fake bitcoin users were all gone because they got scared of such speculations, it would be easier for believers to improve the community.
full member
Activity: 448
Merit: 122
April 17, 2018, 03:59:21 PM
Well FUDS are band to be there in any project the has future and at that FUDS can say what ever fake news there wish but in that way the Price of bitcoin may be affected by that but it can not be totally destroyed because bitcoin has the capacity to survive what ever attacks that may come it way.
newbie
Activity: 74
Merit: 0
April 17, 2018, 03:52:36 PM
go on bitcoin obituary.com. Read the amount of FUD news stories and then come back and ask the same question. Bitcoin has been pronounced dead hundreds of times!
sr. member
Activity: 1071
Merit: 253
April 16, 2018, 04:10:25 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?

FUD cannot destroy bitcoin. The smart investors doesn't take a whole FUD about bitcoin. They will find an accurate information about the FUD
whether it is true or not. But FUD can disrupt bitcoin price indeed, but cannot destroy it.
But actually the problem comes here, every trader isn’t that much smart. What you think if every trader start trading with such sharp and smart mind, wouldn’t bitcoins be at the top of world’s currency now? Definitely it would be. But we don’t think in that much pace and line. Our own and sole focus is to earn money whether everything is going to hell or not. So don’t just think about such FUDs.
newbie
Activity: 182
Merit: 0
April 16, 2018, 01:02:15 PM
In my opinion, not only FUDs affect bitcoin but even the crypto market is subject to the reaction and influence from FUDs. But it is not enough to destroy the growth of bitcoin. This has been proven in the past. From the formation of bitcoin at the beginning. It really brings great pressure, as well as it has a huge impact on the value of bitcoin. However, as we have witnessed in recent 2 years. Bitcoin is evolving and moving faster with the popularity spreading around the world.
jr. member
Activity: 168
Merit: 2
April 16, 2018, 01:01:04 PM
The answer is NO, as clear as day!
It might have effect on some shitcoins, but FUD on Bitcoin will have no (significant) effects.
Sometimes they crate FUDs just for shaking some FOMO, noobs and some weak hands. Not the one that are here for the technology behind it and the digital economic revolution.
The strategy is quite simple; they want Bitcoin as cheap as possible by spreading FUDs around. Then they will buy all of them.
But NO, we all here know already that cheap old tricks! Wink

newbie
Activity: 58
Merit: 0
April 16, 2018, 12:55:52 PM
nope, never
full member
Activity: 252
Merit: 104
Decentralized Ecosystem for User-Generated Content
April 16, 2018, 12:54:44 PM
I don't react to it, because there is no reason to react to it. What you should be doing is figuring out who has the money and power in this space and kindly follow those individuals. As much as we don't want to admit it, some people control the media. And the media in turn controls people, and the people so happen to drive the market. Anybody see a pattern here? I do and the pattern is saying follow the smart money Wink
member
Activity: 294
Merit: 13
April 16, 2018, 12:50:54 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?
If only FUD I think Bitcoin price will not be destroyed as it has been lot of people trust this bitcoin, moreover now the people who trust bitcoin is getting more and the obstacle seems to be cleared out now. So Bitcoin will still survive and grow..
full member
Activity: 602
Merit: 100
April 16, 2018, 12:44:53 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?
Of course, there are people who believe untruthful news and make decisions based on them, but it is impossible to destroy bitcoin in this way.
copper member
Activity: 224
Merit: 3
April 16, 2018, 12:13:10 PM
FUD can only successfully scare those who are only in bitcoin without understanding its ideals and also seeking quick money only. But for those who are disciples of the technology and its potential to revolutionize the world and there are many now u would agree, destruction would not happen to bitcoin cos they will hodl to make it survive...
newbie
Activity: 114
Merit: 0
April 16, 2018, 12:06:44 PM


FUD created by some people in the crypto world, for me is just a strategy to pump and dump their holdings and has no long-term effect on bitcoin users' trust. Whereas, Fud related to fake news outside the crypto space coming from media and other government institutions in every part of the world can have a direct and indirect effect on bitcoin and other cryptocurrencies users.
jr. member
Activity: 30
Merit: 3
April 16, 2018, 12:06:38 PM
sorry, some error there, that was my last post, internet glitch i guess, i was saying that it is the fear that creates the ups and downs that make the exchanges work, without that every coin would just go up and up and up
hero member
Activity: 3080
Merit: 603
April 16, 2018, 11:58:59 AM
It can't destroy bitcoin. The only affected by these FUDs are the investors, these type of investors.
- new investors / lack of knowledge investors
- panic selling investors
- weak hand investors
And due to the popularity of FUDs, manipulators are using FUD as their weapon to affect the whole market and give impact through the moves of those investors.
hero member
Activity: 688
Merit: 500
April 16, 2018, 11:53:02 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's a big No from my side. Fear, Uncertainty, and doubt (FUD) haven't destroyed anything so far. It's a natural thing that whenever some item goes down, we only hear bad news about that item. For instance, when oil went down to a record low of 27 dollars per barrel in 2016 we heard many bad news about oil and equity market. That's the time when people in panic sell their items and are bought by genuine investors. Oil crossed 50 dollars few months later and so does equity market also recovered. Same is the case with BTC, few days back when BTC was under 7000 $, we heard strange news (FUD) about it and when it started moving up, we heard positive news about it. We must not listen and pay attention to news unless they are authenticated.
full member
Activity: 1498
Merit: 146
April 16, 2018, 11:50:11 AM
FUDs can only create temporary effects on the bitcoin prices but it will not destroy the bitcoin completely.So never confused by the dumps and bumps in the market and most of the experienced traders will get most use of these kind of situation because newbie investors are the one failed in FUDs.
sr. member
Activity: 672
Merit: 250
April 16, 2018, 11:45:39 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?
FUD is just a part of spreading the information to people which technically a form of informing people and knowing the real ones to the fraud could also help people to be aware of the real deal bitcoin could give to people. FUD is also a positive thing for bitcoin because it basically help people to familiarize on the bad side bitcoin could give to people which could warn them on dealing with things that could get them lose their money or waste their time on having an investment to bitcoin.
Pages:
Jump to: