Do you consider spreading FUD to be unethical? - page 2.

darewaller

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Quote from: Falconer on February 15, 2023, 08:21:15 AM

Quote from: wmaurik on February 15, 2023, 06:08:30 AM

If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD.

FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.

There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.

That is basically what happens most of the time. I mean if you are not a whale but a hater than you do not have the media power to talk bad about it and get it spreading, because you are not famous nor a rich person.

But when you are a whale, meaning you have a lot of money, that means you also have a lot of influence and power over media and you could definitely manipulate the market by saying the worst things possible about bitcoin, make it go down, and then another whale friend would go out and say the nicest things and make it go up and then you would both profit from it at the same time. They already doing that all the time and it's not new.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: o48o on February 15, 2023, 09:53:57 AM

Quote from: Falconer on February 15, 2023, 08:21:15 AM

FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.

There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.

I wouldn't even call it FUD when the haters speak, because they are not trying to spread Fear Uncertainty or Doubt.
They are just either bitter or downright laughing at the stupidity of crypto enthustiasts.

Most of the time they don't have enough information to provide any insightful comments and they are only spreading hate.

Some of them are doing that because of envy, some because of the waste of electiricty and enviroment.
Some genuinely see whole crypto scene as one big pyramid scheme or money laundering operation.
Some just don't even bother to learn about it and hope it will pass so they don't have to.

Because "FUD" is originally a propaganda tactic and either is or isn't based on facts, with the only purpose of it is to manipulate prices. Not everything negative is a fud but people exaggerating negative news in hopes of panic are the very definition of FUD.

FUD will not be based on facts, because most of the news that is spread is just nonsense or just rumors that are deliberately made and spread to influence the market price or a targeted coin. This is a manipulation carried out by Some crypto users who have a strong influence on the crypto ecosystem. It's easy to spread FUD and easy to spread the good news.

Everything was planned, the news that was only exaggerated was only for manipulative purposes. It is very unethical if you participate in spreading FUD.
It's best if you are still new to it and don't understand it, read and study it first, then that will stop the spread of FUD.

o48o

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Quote from: Falconer on February 15, 2023, 08:21:15 AM

FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.

There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.

I wouldn't even call it FUD when the haters speak, because they are not trying to spread Fear Uncertainty or Doubt.
They are just either bitter or downright laughing at the stupidity of crypto enthustiasts.

Most of the time they don't have enough information to provide any insightful comments and they are only spreading hate.

Some of them are doing that because of envy, some because of the waste of electiricty and enviroment.
Some genuinely see whole crypto scene as one big pyramid scheme or money laundering operation.
Some just don't even bother to learn about it and hope it will pass so they don't have to.

Because "FUD" is originally a propaganda tactic and either is or isn't based on facts, with the only purpose of it is to manipulate prices. Not everything negative is a fud but people exaggerating negative news in hopes of panic are the very definition of FUD.

Falconer

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Quote from: wmaurik on February 15, 2023, 06:08:30 AM

If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD.

FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.

There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.

wmaurik

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Quote from: Lubang Bawah on February 14, 2023, 11:16:02 PM

If we look at the spreaders of FUDs they seem very structured and organized, I'm sure they get paid or sponsored so they look very neat, the best response to these FUDs is to ignore whatever the FUDs are, bitcoin has proven to be a very profitable investment if we hold it for the long term.

If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD.

Lubang Bawah

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Quote from: AmoreJaz on February 14, 2023, 05:48:38 PM

Quote from: palle11 on February 14, 2023, 09:02:05 AM

Quote from: goldkingcoiner on January 30, 2023, 07:51:15 AM

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

as we don't know most of the time the source of this fud spreading, we can assume some are like planted statements from the dev team to gain something from the situation. also, this is where you can test how the holders know how much about the facts of the project. if they are rock solid supporters, they should know about the real status of the project and that will give them a heads up if it is still worth to hold or not.

If we look at the spreaders of FUDs they seem very structured and organized, I'm sure they get paid or sponsored so they look very neat, the best response to these FUDs is to ignore whatever the FUDs are, bitcoin has proven to be a very profitable investment if we hold it for the long term.

AmoreJaz

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Quote from: palle11 on February 14, 2023, 09:02:05 AM

Quote from: goldkingcoiner on January 30, 2023, 07:51:15 AM

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

as we don't know most of the time the source of this fud spreading, we can assume some are like planted statements from the dev team to gain something from the situation. also, this is where you can test how the holders know how much about the facts of the project. if they are rock solid supporters, they should know about the real status of the project and that will give them a heads up if it is still worth to hold or not.

Hamphser

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Quote from: palle11 on February 14, 2023, 09:02:05 AM

Quote from: goldkingcoiner on January 30, 2023, 07:51:15 AM

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

Unethical on the sense that it is really that deceiving people but its true and i do agree on what you had said about an analytical advise which could really be neither be accepted or rejected basing up on communities decision and approach with those fuds that had been scattered.
For those people who had been on this market for lots of years then these kind of things turns out to be a part of this market on which lots of issues had been thrown and lots of positivity could really be in involved
which it would really be a mix up of two.
This is what makes things even more harder for you to make out decisions because when we do speak about fundamentals then it isnt always that effective and could be
rejected out most of the time.

palle11

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Quote from: goldkingcoiner on January 30, 2023, 07:51:15 AM

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

19Nov16

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On the other hand, the presence of social media has had a negative impact, nowadays anyone can easily spread fake news or FUDs, and if we pay attention, the spread of FUDs to kill cryptocurrencies seems organized, there are even many companies that pay for advertisements in many media for talk shows and reporting on FUDs, of course the spread of FUDs is not only unethical but has entered the criminal category.

KingsDen

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Quote from: goldkingcoiner on January 30, 2023, 07:51:15 AM

We hear it all the time in the news and even here on this forum - Scary price drop speculations based completely on fake/exaggerated news or on something without any kind of substance.

While we can all agree that panic selling is newbie domain, there are also veterans who love spreading Fear, Uncertainty and Doubt. These are the people who know from experience that the Bitcoin price will definitely rise, but they can't resist buying discount BTC off of panic sellers.

Bear-whales and smaller traders alike spread FUD for the reason of scaring investors and pushing down the Bitcoin price.

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

Spreading FUD is a major part of the cryptocurrency industry. Fud moves the market to any direction. Fud makes weak hands to sell. As it is with FUD, it is also like FOMO (Fear of Missing Out).
If FUD, FOMO and other related things are not in the cryptocurrency market, there won't be profit for traders and institutional investors.
So fud is ethical in the cryptocurrency industry.

pantek talacuik

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Quote from: Joshapat on February 10, 2023, 05:25:09 AM

Quote from: pantek talacuik on February 09, 2023, 09:06:36 PM

Quote from: Wong Gendheng on February 09, 2023, 09:52:50 AM

Spreading FUD for no correct reason, of course, is a very embarrassing action and deserves to be in the criminal category, but we deserve to be happy with bitcoin users who are very strong and do not easily believe in FUDS, so that whatever is spread has no effect, the main key is the power of a strong market so that Making bitcoin can skyrocket when the spread of FUDS is increasingly massive.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

The best way to continue to see Bitcoin grow in the future, but I'm still wondering whether Bitcoin will undergo a big change with the end of Bitcoin or there will be new Bitcoins that will overlap the old Bitcoins.

Unbunplease

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By the way, FuD does not always lead to the result that the fUD initiator expects. There can always be a bigger player who can run his own game and who is interested in the opposite result. Therefore, the fUD initiator can be at a loss.

AbuBhakar

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Quote from: Joshapat on February 10, 2023, 05:25:09 AM

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

FUDS makes the price high and lows, we can't deny during those times that FUDS is one of the basis how many traders able to trade with high profit since it's easier that time to manipulate the market when you are a whale and you spread news, but now many already learn and there are many ways now that we can fact check or verifies whether the news is true, as we experience more how the market works we happen to just ignore now FUDS and just deal with our plans especially when it comes in altcoins since they are too many we learn now to only focus on coins that we're able to study.

wmaurik

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Quote from: Wong Gendheng on February 09, 2023, 09:52:50 AM

Spreading FUD for no correct reason, of course, is a very embarrassing action and deserves to be in the criminal category, but we deserve to be happy with bitcoin users who are very strong and do not easily believe in FUDS, so that whatever is spread has no effect, the main key is the power of a strong market so that Making bitcoin can skyrocket when the spread of FUDS is increasingly massive.

The spread of FUD will have no effect on the market if there are not many people who believe in the FUD. This is why it's so important not to believe every new piece of news that comes from an unknown source. After all, everyone also doesn't need to immediately consume all the news if they haven't had time to check further on every new news that is available.

Quote from: pantek talacuik on February 09, 2023, 09:06:36 PM

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

The direction you are referring to is a very general direction and very contrary to the FUD issue being discussed. It really isn't just about the larger investment size that everyone should be primarily focused on, but buying more Bitcoins at the time of a correction and then considering it a long-term investment. I think it's a little better than just focusing on buying more for investment, but without considering the current market conditions.

Quote from: Joshapat on February 10, 2023, 05:25:09 AM

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

FUD is something that really deserves to be ignored and doesn't even need to be influenced by it if we already know that the content of certain news is not true. Because one day the makers of FUD will also feel bored when the news they produce is no longer valid for consumption by many people and I hope that this can happen as soon as possible this year.

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Quote from: AverageGlabella on January 31, 2023, 07:33:13 AM

If I tell you that bitcoin will be worthless because all governments are going to ban it tomorrow and I link to a shitty website as the source I could persuade people to panic sell and then lose out on money. This does not benefit me except for pushing the price down if there is a enough people panic selling but by spreading FUD I have caused many people who panic to sell their btc at a loss. How is that not unethical?

that is not uncertain that is a lie.

1) crypto/btc is not going to be worldwide banned tomorrow.

but if you said that

2) all the governments of the world have the ability to declare crypto/btc illegal over the next 2 years

that is uncertain.

so 1 is not okay to say
2 is okay to say.

part of life is constant uncertain shit happens day after day.

it is okay to talk about it.

The other day I read the earths core stopped spinning then reversed its spin.

https://www.cnn.com/2023/01/25/world/earth-core-turning-scli-scn-intl/index.html

A) I never heard about this
B) seems interesting
C) I have zero idea if it is a bad thing for us as humans.

D) if I say it means we humans will all die as this means the second coming of christ and the end of times. I would be lying as I have zero idea if that is true.

E) if I say it scares me and I hope that it won't speed up Greenland from melting So I am selling my beach house moving to the mountains.

I am spreading an uncertain set of issues that I have about the earths core.

F) the reality for me Is I don't care as either way I will be dead in 50 years or less (I am 66 right now)

It is a fine line between lying and uncertain shit and how you say it.

kamvreto

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: AverageGlabella on February 09, 2023, 08:55:05 PM

You are correct but it is not as easy to check a source sometimes you find a rabbit hole of sources where a lot of them are fake and they are quoting other bad quality sources. A lot of the time these fud machines have many websites they own and they will create similar headlines and similar content and link to each other to try and make their fud look like it is real. A lot of people fall for this because most people do not check the sources but when they do they will only check the linking source and will not look for verifiable information or sources which are known to be trustworthy.

Unreliable sources of FUD usually come from sources with a specific motive, such as marketing or propaganda, or sources that do not have sufficient knowledge and do not verify their information before publishing it. Some examples of unreliable FUD sources include media outlets that have a specific agenda, individuals or groups that have a vested interest in influencing market prices, and websites that are unverified or not reputable. To avoid FUD, it is important to do your research and verify information from reliable sources that have accurate and up-to-date information. Also, it is important not to be unduly influenced by unverifiable opinions or information and to stay focused on verified data and facts.

Quote

Removing emotion is 1 of the hardest things to do when you are invested in something. This feeling increases the more you have invested. It is hard and I do feel for newbies that fall for these traps because it is not their fault. I wish this forum removed FUD to stop newbies getting hurt because I think it is very unethical and should be removed.

Sometimes emotions are a serious obstacle when making an investment. If emotions are not controlled, the investment that should get a profit, in the end must get a loss.

Joshapat

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Quote from: pantek talacuik on February 09, 2023, 09:06:36 PM

Quote from: Wong Gendheng on February 09, 2023, 09:52:50 AM

Spreading FUD for no correct reason, of course, is a very embarrassing action and deserves to be in the criminal category, but we deserve to be happy with bitcoin users who are very strong and do not easily believe in FUDS, so that whatever is spread has no effect, the main key is the power of a strong market so that Making bitcoin can skyrocket when the spread of FUDS is increasingly massive.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

pantek talacuik

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Quote from: Wong Gendheng on February 09, 2023, 09:52:50 AM

Spreading FUD for no correct reason, of course, is a very embarrassing action and deserves to be in the criminal category, but we deserve to be happy with bitcoin users who are very strong and do not easily believe in FUDS, so that whatever is spread has no effect, the main key is the power of a strong market so that Making bitcoin can skyrocket when the spread of FUDS is increasingly massive.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

AverageGlabella

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Quote from: kamvreto on February 09, 2023, 02:00:05 PM

There are several ways you can do to distinguish whether the information is FUD or not, such as:

Check the source of the information and make sure that the source is reliable and trustworthy.
Make sure that the information received has a strong basis and is supported by concrete evidence.
Don't rush to conclusions and read the full information to understand the context and true meaning.
Get opinions from various independent and reliable sources to get a better picture.
Don't be swayed by emotions and strive to make rational, fact-based decisions

You are correct but it is not as easy to check a source sometimes you find a rabbit hole of sources where a lot of them are fake and they are quoting other bad quality sources. A lot of the time these fud machines have many websites they own and they will create similar headlines and similar content and link to each other to try and make their fud look like it is real. A lot of people fall for this because most people do not check the sources but when they do they will only check the linking source and will not look for verifiable information or sources which are known to be trustworthy. Removing emotion is 1 of the hardest things to do when you are invested in something. This feeling increases the more you have invested. It is hard and I do feel for newbies that fall for these traps because it is not their fault. I wish this forum removed FUD to stop newbies getting hurt because I think it is very unethical and should be removed.

Topic: Do you consider spreading FUD to be unethical? - page 2. (Read 874 times)