Can FUD destroy bitcoin? - page 4. | Bitcointalksearch.org

BlackRacerX

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Quote from: Aryadwipanggah on April 08, 2018, 10:47:49 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?

I don't think so but it will affect the price somehow and eventually the community. FUDs usually cause panic specially for the newbie investors who just rode the hype train without even knowing what bitcoins are and what they are for. I usually just let the FUDs slide because they don't have a good basis for their claims.

faizzeybutt786

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i dnt think so fud can defeat the bitcoin market it just divert the people mind or create a negative impact or manipluate the mind.

CryptoBeefy

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FUD can certainly play a big impact but personally dont think we need to worry too much, as in it can destroy Bitcoin. If you look at all the crap that has already been spread, Bitcoin is still at a really high value and seems to have somewhat stabilised for now.

Underlord

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FUD is a strategy to influence perception by spreading negative information, perhaps for some people will have an impact. In my country too FUD about bitcoin has begun to spread because the government does not want bitcoin in use in my country.

somebadger

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no one cares about FUD, the only onmes who does, are those who are always buying on the picks and dselling on the dips, and the cycle is always repeating by itself, because it is always the same a fter all

wasaisi

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FUD can affect who the affected person is. Because everyone has different mental endurance. But for me FUD is not very influential because I only believe in bitcoin facts through news on some websites.

mycomike12345

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Quote from: vadimkr on April 09, 2018, 02:28:33 AM

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.

Yes FUD really affects the value of bitcoin but it cannot destroy bitcoin because the foundation of bitcoin goes stronger as years pass by. Bitcoin proves it many times that despite of endlless fake news and fud, bitcoin still exist and dominates cryptocurrency from the beginning and until now.

tomalours

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FUD or some events (mostly regulations -recently US, Korea, China, etc) can affect the market, but bitcoin always raise afterwards. No FUD is powerful enough to destroy bitcoin

Cootie

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Bounty Detective

It depends on how the users are affected. FUDs has no direct effect on the bitcoin, but on its users. For example, if the users stops using bitcoin because of the FUDs, their activities of stopping to transact through or with bitcoin is the one that will affect the bitcoin, not the FUD itself. FUDs creates a scenario, which is likely a negative, that will cause FUD (Fear, Uncertainty and Doubt). In other words, the impact of from the reaction of the users to the FUDs, not to the FUDs themselves.

Bustart

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Quote from: Gabteb on May 22, 2018, 03:15:33 PM

Maybe it can make any changes with price as some will belive and sell with panic but nothing more i dont think someone can do any Big FUD with could destroy Bitcoin.

No FUD can ever ruin bitcoin, Bitcoin has flaws but it continues to strengthen its network, and more are in development. FUD is part of the history and will continue to be, it cannot be controlled. Somehow, it can have a negative impact in price but I don't think it's going to be permanent. I still consider the recovery to occur sooner.

uray

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Quote from: davit putra on May 22, 2018, 10:47:21 AM

No, nothing can destroy bitcoin, bitcoin will continue to survive and will become more popular in the future. Bitcoin is decentralized and it will make bitcoin last long-term.

A decentralized system alone cannot make the bitcoin last longer, you need to have merchants accepting bitcoin around the globe and it must have a real world use to make it popular among the common peers, there could be ways that can destroy bitcoin if we are not able to scale so that everyone is able to use, the FUD wont destroy bitcoin but it can have some impact in the market and most of the time it usually recovers in a short period of time.

Gaff

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Quote from: Gabteb on May 22, 2018, 03:15:33 PM

Maybe it can make any changes with price as some will belive and sell with panic but nothing more i dont think someone can do any Big FUD with could destroy Bitcoin.

I agree, because the number of FUD's circulating can have a negative impact such as decreasing number of participants or price fluctuation. But I don't think it can totally destroy bitcoin, because I still think that there are still large percentage of people who believe in Bitcoin and more are expected to come because of curiosity and sincere willlingness. For almost a decade, FUD has always been part of Bitcoin but as time goes on it becomes more reliable and stronger.

maxman190

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Friends, but not too much we pay attention to this insignificance! We are trying to lead to a world of falsehood. Never Bitcoin will not be able to influence the world processes! But, it can break us, people who spend their precious minutes, hours, days, and maybe years - on an empty pastime Shocked

Gabteb

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Maybe it can make any changes with price as some will belive and sell with panic but nothing more i dont think someone can do any Big FUD with could destroy Bitcoin.

Superways

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Quote from: vendy86 on May 22, 2018, 11:10:53 AM

I think now people already smart to ignore fud around bitcoin.
bitcoin community to big to be affected by false news or Fud.
But not with bad news.the enemy of bitcoin is bad news that came from government or individual with a large amount of bitcoin such as mt gox.

The bad news is also part of the fud which they create in order to depress the bitcoin community. Bitcoin crossed a long journey and now it is in a very established stage but some new comers do not know it and they often become the victim of that fud in the form of bad news and they start to sell without thinking for their money that they are losing in this way.

Wintersoldier

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FUD just balanced bitcoin and how bitcoin works on the market. People would always see a negative thing about a particular thing so FUD is normal to happen to bitcoin it just an additional information to people for them to believe upon or to learn upon using bitcoin in investments, trading and in transaction that could also help them to earn and to gain profit for the future. It does not destroy bitcoin but in the contrary it build up the system and the community of bitcoin.

Taronet-division

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remains in commitment, the reason why we're in the world of cryptocurrency is our goal. there are pros and cons, it's a natural balance.

cryptogideon19

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Maybe someone else can sell it. On the fuds that they are more likely to believe they are wrong than the right ones. They do not trust BTC to believe in FUD so they should not Crypto.

pekcoin01

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Bitcoin is the first time to go to the market Everybody is scared. Do we invest? Should we not invest? Thanks to Bitcoin, many people are very rich. The prices were 20K. People thought that their prices would increase more, but at some point prices went down by 6K. In these people fear caused uncertainty.
I think Bitcoin will rise again

Stormyblue

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Fud could go along way to affect the market and growth of crypto currencies. This makes innocent people confused with mixed perceptions as to what to believe. personally I missed my first chance of being introduced to Bitcoin because of bad reviews by some famous people I follow. I think there is way to combat this situation, as crypto enthusiast let's also get our words out in the open. Let's educate people and announce all the interesting facts about the crypto currencies.

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