Topic: Can FUD destroy bitcoin? - page 22. (Read 1616 times)
Fud is a clever instrument for price manipulation and the people utilizing it are very adept at controlling the feelings of the masses. So when a quick pump & dump is needed some new fud pops up and the sheep follow blindly haha. Don't be sheep guys wise up
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 in itself is only a measure to try to trigger an emotional response from traders to get them to sell bitcoin. So yes, if the FUD is big enough/well achieved enough, then it can definitely result in BTC prices tanking. But most of the time FUD is only a catalyst, not something that caused the price to start decreasing in the first place. Take for example FUD generated from crypto ad bans, on the surface it may seem like that's what caused the BTC prices to go down from its peak, but in reality, it only quickened the process of the bubble bursting.
But over the long term, I don't think FUD will "destroy bitcoin".
Bitcoin first of all cannot be destroyed. It is a decentralised p2p network which means that as long as people are using it, it's going to be "alive". Secondly, FUD relating to bitcoin usually dies out extremely quickly, and FUD is at its highest points when market sentiment is pessimistic which is definitely not all the time.
Fear, uncertainty, doubt.
To a fanboi (that's 90% of this forum) then anything negative about bitcoin is labeled as fud, so when btc dies, from a fanbois perspective it will be due to fud.
From a more rational perspective the death of btc will be seen as a logical conclusion to a hyped up bubble.
So there you have it, it's impossible to answer this question as it depends on the individual what fud is or isn't.
Note: If you're reading this post and you're feeling angry about my view then you are almost certainly a fanboi and are incapable of having an objective opinion on btc.
To a fanboi (that's 90% of this forum) then anything negative about bitcoin is labeled as fud, so when btc dies, from a fanbois perspective it will be due to fud.
From a more rational perspective the death of btc will be seen as a logical conclusion to a hyped up bubble.
So there you have it, it's impossible to answer this question as it depends on the individual what fud is or isn't.
Note: If you're reading this post and you're feeling angry about my view then you are almost certainly a fanboi and are incapable of having an objective opinion on btc.
It can be distressing to read the headlines... but rest assured, the FUD was a lot more harder to handle when the world (and the press) were just getting to grips with Bitcoin. Perhaps to newcomers, the news of illicit use, money laundering, terrorism financing are crucial shortfalls that seem to imply risk to owning Bitcoin, but these were the very same issues that cropped up years ago, and somehow seem to return in cyclical fashion. Check the old posts here from 2012 especially.
The FUD isn't new, it isn't fresh. It certainly hasn't destroyed Bitcoin. If anything, every wave of FUD seems to only make it stronger.
The FUD isn't new, it isn't fresh. It certainly hasn't destroyed Bitcoin. If anything, every wave of FUD seems to only make it stronger.
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, FUD can make Bitcoin difficult and go down quickly, but it can not destroy it. I believe many big investors will not care about FUDer because they know that if it goes down, they can buy at lower prices instead of worrying and selling them all.
It isn't the FUD itself that destroys the Bitcoin. It is about the investors that can't learn the facts and the advantages that made Bitcoin unique enough against its competitors.If you're a truly believed investor in here then nothing could stop you from investing in here unless of course, official bans happens that could endanger yourself against the law, but over those legal things you shouldn't stop investing in here. The believed profit you could get will always happen but it might take time as adjustments are continuing to happen.
I think not, because FUD is just part of the strategy of the whale to get bitcoin at cheap price, FUD will not make bitcoin destroy, from the first after FUD after some time the market could bounce back again, now we are as a trader should be smarter further exploit opportunities is in the market.
FUD will only affect the price of bitcoin in the short term.
But in the long term, bitcoin will not be affected by any news.
But in the long term, bitcoin will not be affected by any news.
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 can affect the rice of bitcoin and other crypto currencies but it will not destroy the bitcoin because still there are lot of true believers on bitcoin technology and its potential so there will be some support from the bitcoin community which holds the bitcoin.But it will create the temporary bump and dump in the bitcoin price.
No, FUD is not going to destroy bitcoin, even though a lot of FUD right now, it just keeps the bitcoin price down. but with its diminished FUD to bitcoin, bitcoin will definitely go back up and grow even higher.
Nope, FUD cant destroy bitcoin because we all know that it is just a FUD however FUD can affect bitcoin's price not only bitcoin but the whole crypto, also FUD can affect the mindset of weak minded investors/holders they might sell their coin due to panic not knowing that the news are not true. This is why we must not spread any FUD and stop them from spreading.
In an indirect way it can destroy peoples bitcoin spirit and because not all bitcoin user's are based on forums or are usually reading all the FUD being spread it leaves some hope of bitcoin seeing another day. But lets face it, pro traders use fud to score themselves some cheap crytpo coins.
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?
not at all
FUD does not destroy bitcoin until now unproven. if true destroy, give me the proof. you can try to learn the history of bitcoin from the first created to date. of course the various FUD in attack on the bitcoin in the accompaniment with the ban and hacking. but bitcoin to date still has a value that is quite expensive.
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?
Absolutely not. The price of bitcoin and cryptocurrency as a whole depends on the investors and not in the FUCKING FUD's. FUD's are not affecting all of the investors but it only affects dead woods or the ones who has weak hands saying "OHHHH FUCK I SAW A NEWS ON BITCOIN SAYING IT WILL CRASH. TIME TO SELL MY BITCOIN". Weak hands will leave the crypto world while the strong investors will remain and will be a successful in the future. No matter how guinue the FUD sounds it will never destroy bitcoin but it can only make the price to drop. Most of knows the truth about bitcoin.
I don't think FUD can destroy bitcoin. I agree FUD can only make the bitcoin price drop. As some negative and not open-minded people spreading of false or misleading information with the aim of undermining confidence in a project. We all know that the term is popular in cryptocurrency circles, and for good reason. A lot of the critiques of bitcoin in the mainstream media over the years certainly smack of FUD. Setbacks such as a sharp price correction or a government writing burdensome regulations are often exaggerated as fatal blows.
yes of course you can, that is one of the things that mebuat declining bitcoin prices, from FUD, which resulted in people believe with such news when not necessarily the truth
As other noted here, I don't think it can "destroy" bitcoin but only to damage its value. Bitcoin is becoming really popular and in my opinion it's on the verge of entering the mainstream, which would make it even more durable and strong.
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?
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. it that happens bitcoin will sky rocket again to its new ATH
My father always used to say, "A lie can only run away for a short time, until the truth catch up to it" This is very true for all the FUD that are being spread around on the internet. It is our responsibility as Bitcoin supporters to make sure that the truth will catch up with the FUD, by continuously spreading the truth and by doing this, we expose the FUD.
Let's fight together to combat the FUD, by spreading the Truth. ^smile^
Let's fight together to combat the FUD, by spreading the Truth. ^smile^
I don't think so.
All FUD can do is inhibit it's growth. It might destroy business structures that center around the use of BTC; maybe even set it back years in terms of acceptance and adoption.
Look at the recent rally last year, despite prices currently sitting roughly 7x higher than last year, some people got burned in the FOMO. Now all you hear in the media is how it was a bubble, it can't possibly work as a currency...blah blah blah.
These types of comments will stop some from becoming adopters or wanting to get involved; but it won't destroy a community of early to mid adopters who believe in the ideology of a decentralized system. Hell even if they don't believe in that ideology they can see a working and thriving ecosystem.
All FUD can do is inhibit it's growth. It might destroy business structures that center around the use of BTC; maybe even set it back years in terms of acceptance and adoption.
Look at the recent rally last year, despite prices currently sitting roughly 7x higher than last year, some people got burned in the FOMO. Now all you hear in the media is how it was a bubble, it can't possibly work as a currency...blah blah blah.
These types of comments will stop some from becoming adopters or wanting to get involved; but it won't destroy a community of early to mid adopters who believe in the ideology of a decentralized system. Hell even if they don't believe in that ideology they can see a working and thriving ecosystem.
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