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Topic: Do you consider spreading FUD to be unethical? - page 3. (Read 765 times)

legendary
Activity: 1750
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Food is one of the tools of the economy. Yes, it's not exactly an ethical tool, but it is a certain incentive for economic decision-making. And food also allows people to develop a sense of equanimity and a tendency to analyze deeply when making decisions. If a person repeatedly steps on the same rake, it is a signal that he needs to change something in himself urgently
legendary
Activity: 1918
Merit: 1157
Degens.bet - On-chain 1000x Futures
Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.

But it's hard to distinguished in the beginning if that the news is fake or real, that is the problem. We have to read between the lines, who are the source, have the crypto news outlet validated it or not?

That's why still on us, to whether believed on it or not, or make our decisions based on that news. So maybe it's unethical, maybe it's not. We don't have control on who is going to read it, or what will be their reaction is.

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
hero member
Activity: 1344
Merit: 540
Binance #Smart World Global Token
Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.

But it's hard to distinguished in the beginning if that the news is fake or real, that is the problem. We have to read between the lines, who are the source, have the crypto news outlet validated it or not?

That's why still on us, to whether believed on it or not, or make our decisions based on that news. So maybe it's unethical, maybe it's not. We don't have control on who is going to read it, or what will be their reaction is.
hero member
Activity: 2898
Merit: 669
www.Crypto.Games: Multiple coins, multiple games
Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
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?
IT's as unethical as shilling the coin or manipulating markets while being a whale i guess.

I am guessing that response to your question would depend on your definition of unethical when it comes to markets because one can see the whole trading as unethical.
Prices dropping is a godsend to anyone who has done their research and believe on the coin as they can get it cheaper.
For anyone who is over-invested or is in it for a quick buck, they are losing money for sure. But then again they most likely would be losing it without any fud.
sr. member
Activity: 1428
Merit: 252
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.
hero member
Activity: 1246
Merit: 695
It is not only an ethical issue or not, but rather ethics in conveying public information, even though there are no boundaries that can limit the spread of FUD or FOMO. The awareness to spread news that has no source of certainty is an inappropriate reaction, while spreading news that has a source of certainty is an effort to maintain the continuity of correct information. Journalists have ethics that must be considered in writing news, they usually use the 5W1H pattern.

The elements of truth and subject matter must be paid close attention to, so that published news does not mislead people, but we can never limit the spread of FUD or FOMO, because the rest of the news filter depends on the understanding of the reader in receiving the information.
legendary
Activity: 1232
Merit: 1080
There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
But FUD is dangerous I do not want people to test their knowledge and I would prefer if people were intelligent enough to verify sources. I know sometimes we can get emotional and when a headline is attacking btc we sometimes shout FUD when they have good points and have backed up their info but FUD should be called out and frowned on because it can be dangerous. it can lose people money or it can convince people to sell from bogus news. I think Elon Musk said btc was bad for the environment on purpose to manipulate the market and that should not be allowed that should be a criminal offense.  it is unethical to manipulate a market with fake news so you can benefit from it but the news are doing this all the time and I bet some of them are invested in btc when they put out the fud headlines. I wish we could investigate it and check whether there is a conflict of interest when they report fud.
sr. member
Activity: 2436
Merit: 324
There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
When you are just still new then these news or simply fuds could easily affect you out on which it would really be ending up for you to be that impulsive towards your investment position on which you might be
selling out because of panic which is really a very common act to be done specially by noobs who hadnt have any experience on this market. FUD is common and also with shills and hypes and this is why its is
really that ideal for you to be wary into these things because neither unethical or not it would really be just giving out on the same impression.
This is why it would be depending on someones knowledge and experience on what are the actions that they would be making for whatever conditions or situations that they might faced on.
sr. member
Activity: 1260
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.
full member
Activity: 758
Merit: 105
There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?


Absolutely unethical i agree to that but how about the people who knew well about the crypto market? I think they secretly wish weak hands will bite into the FUD to bring bitcoin price down and they can buy at a cheaper price. All of us here might say the same thing that spreading FUD is unethical but we cannot blame those people who are spreading bad news because there are also people that doesnt do their own research before investing.
legendary
Activity: 2394
Merit: 1031
Chancellor on brink of second bailout for banks
There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.
legendary
Activity: 2450
Merit: 1322
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.
Hmm, I can't really say, I'm more on the side of it being unethical but we all know trading is a competitive market, a zero-sum game. Spreading FUD is one way for other traders to get a one-up from other investors, newbies or not, and profit off of it, so it's actually just one (but probably many) of methods available. Not to mention in the first place, FUD can easily be corrected if research is done properly (though if it wasn't FUD, they may lose out depending on how long they figure out whether it really is FUD or not).
FUD is way more effective when in fact there is a reason for the panic to take place, as an example the China banned bitcoin kind of FUD happened every year, and while at a time it was very powerful it has lost its potency over the years, however when the FTX exchange collapsed FUD was everywhere and it was very effective as the FTX did indeed collapse, the FUD came in the form of fake news assuring other exchanges like binance will collapse as well, something that was never close to happen and yet people at the time believed it.
hero member
Activity: 2464
Merit: 614
I don't take loans, ask for sig if I ever do.
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.
Hmm, I can't really say, I'm more on the side of it being unethical but we all know trading is a competitive market, a zero-sum game. Spreading FUD is one way for other traders to get a one-up from other investors, newbies or not, and profit off of it, so it's actually just one (but probably many) of methods available. Not to mention in the first place, FUD can easily be corrected if research is done properly (though if it wasn't FUD, they may lose out depending on how long they figure out whether it really is FUD or not).
sr. member
Activity: 1652
Merit: 434
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 no different than spreading fake news about cryptocurrency or bitcoin. Those who do that have a reason and we don't know what it is.

That's why when FUD is trending and spreading, the number one thing that is affected is the market because most communities, especially those who don't know much about crypto in short, don't have deep knowledge about it, they panic, especially the investors who have large released investment.

That's why before believing, first learn to research or find out if it has truth or not, it's that simple.
legendary
Activity: 2450
Merit: 1322
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
We can't stop these people no matter what we do but let them do it. Because if we have trust in our invested coins and in the market as well, it won't bother us honestly. But for those who are still in doubt about the market credibility, simple FUDs can make them terrified and panic. I'd see this is how the market works, a lot of FUDs contributed to the volatility of the market and even use as a medium to manipulate the market.
As I've said, if we are too confident about theor investment, there is no need to get bothered, instead to keep hold.
A great trader will take advantage of any opportunity that presents itself regardless of the reason why such an opportunity appeared at all, I think that most of those which have been around this market for years can recognize a great deal of the FUD attempts which are made against bitcoin, and while we can do our part and try to calm down the newbies and the inexpert traders which want to sell their coins, it is not as if FUD does not bring its advantages, as for a very short amount of time it allows you to buy bitcoin for a price you may have thought you will never see again.
hero member
Activity: 2702
Merit: 517
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
We can't stop these people no matter what we do but let them do it. Because if we have trust in our invested coins and in the market as well, it won't bother us honestly. But for those who are still in doubt about the market credibility, simple FUDs can make them terrified and panic. I'd see this is how the market works, a lot of FUDs contributed to the volatility of the market and even use as a medium to manipulate the market.
As I've said, if we are too confident about theor investment, there is no need to get bothered, instead to keep hold.
legendary
Activity: 3066
Merit: 1126
FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.
FUD can be said to be bad of the crypto market because its sole purpose is to break the concentration of traders and investors. Not infrequently this FUD is just made up so that traders and investors panic and the price goes down, and in the end they get the benefits. Even if negative news can be considered as one of the reasons for the price drop, but basically the FUD spreaders are just making it bigger for their own profit.

I do not fully agree that you should ignore FUD while you are trader. FUD often causes losses among traders, especially for day traders. A drop in price can trigger their stop loss, and the realization is that they take the loss.

We should bare up on our minds that even without having some market sentiments around where the market price could really move on its own without having those fuds around.Yes, it does really give out some losses
and disadvantage but we know that it does have its own good side too on which on the time that fuds do really make out some significant effect on market price movement which as a trader or investor
then you do neither be able to go with the flow and make use of those conditions to buy cheap or you would really be doing the opposite.It is really hard to point out on what are the things that
individual would do because we do really have different approach when it comes to this manner.
legendary
Activity: 2576
Merit: 1175
FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.
FUD can be said to be bad of the crypto market because its sole purpose is to break the concentration of traders and investors. Not infrequently this FUD is just made up so that traders and investors panic and the price goes down, and in the end they get the benefits. Even if negative news can be considered as one of the reasons for the price drop, but basically the FUD spreaders are just making it bigger for their own profit.

I do not fully agree that you should ignore FUD while you are trader. FUD often causes losses among traders, especially for day traders. A drop in price can trigger their stop loss, and the realization is that they take the loss.
hero member
Activity: 2506
Merit: 576
In my opinion, spreading FUDs is no longer unethical but a crime. Nowadays it is very easy to spread FUDs because almost everyone has social media like Facebook, Twitter or something else. Of course, FUDs are only carried out in a massive and structured manner. They even pay the media to spread FUDs. Unfortunately the cryptocurrencies community doesn't really care and let the FUDs go, it's appropriate that the perpetrators of spreading FUDs are said to be criminals.
FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.
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