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Topic: Do you consider spreading FUD to be unethical? - page 5. (Read 776 times)

hero member
Activity: 2870
Merit: 612

Yes, it's unethical. The benefit of doing it I guess is worth it that's why there are article sites doing it. There are no rules that will prevent people from doing it either I guess they are not violating laws too.

But there are seasons when FUD also disappears also. It's kind of a pattern that you might wanna look at. Either Bulls or Bears, they both spread fud.
legendary
Activity: 2674
Merit: 1208
Once a man, twice a child!
I consider a deliberate and malicious spread of lies an obnoxious and unethical practice. We can't classify such practice as FUD – Fear, Uncertainty, Doubt because it's certainly not. We know how anything negative raises eyebrows while that which is positive causes excitement. When investors FOMO too (even unnecessarily) noob investors jump on it and buy in fear. Both FUD and FOMO aren't ethical when done with lies. It's either noobs are selling in fear or buying in fear. They never hold their own opinion by themselves. Well, it's a matter of time before they learn too.
full member
Activity: 784
Merit: 108
Yes. This is clear. Acts of taking advantage, fictitious facts to damage the honor of individuals/businesses/organizations... in terms of material and spiritual values.  That needs to be condemned, ANY ACTION that knowingly fabricates false facts, there is no excuse for such behavior - I think, it is purely unethical behavior.
legendary
Activity: 1232
Merit: 1080
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?
hero member
Activity: 910
Merit: 789
Well, the spread of FUD is one of those factors that intentionally adversely affect, directly or indirectly, the perception of society.  In my opinion that is also a form of unethical behavior.  Although the spread of FUD has many reasons and purposes, its impact is more or less, it is clearly a form of sociocultural unethical behavior.
FUD is news that is not true, meaning that the news is deliberately made to destroy something that already has a use or value. So it is clear that there is no ethics at all, so it is highly recommended not to believe in any FUD because there are no facts disclosed in the contents of the news. Some people are still very much affected by FUD so they still need to be told that to everyone that there is no need to panic when reading a news story that is not true because it was created intentionally for the purpose of destroying something.
legendary
Activity: 1750
Merit: 1094
Assalamu Alekum
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?

Since the market is open for everyone, heck even can be traded across the globe 24x7, I don't consider this kind FUD-spreading as unethical. We really need to be careful on what we read and hear even in this community. We have to digest every bit of it, whether there is some truthfulness on what they say, or it's simply FUD that we can smell it from a far.

So with that, we all have the responsibility, after all it's our hard earn money so we need to be very careful here and not just to blindly trust some posts or some crypto related news online.

I also don't think it is unethical to spread FUds, because we often hear that the marketplace is the battlefield and obviously, to win we have to use tactics, and spreading Fuds is the enemy's tactic. Just because we lose because we lack knowledge and fall into the trap of the sharks that we say no conscience to us is not true. To survive on the battlefield, we need to equip ourselves with weapons to deal with the enemy, we cannot wait for the enemy to be kind to us. And so is the market, it's very fierce, so arm yourself with knowledge, and stay awake before all news, and market volatility, making money has never been simple.
full member
Activity: 1428
Merit: 120
Sugars.zone | DatingFi - Earn for Posting
Well, the spread of FUD is one of those factors that intentionally adversely affect, directly or indirectly, the perception of society.  In my opinion that is also a form of unethical behavior.  Although the spread of FUD has many reasons and purposes, its impact is more or less, it is clearly a form of sociocultural unethical behavior.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Quote
Greenland is melting far faster than expected if it were to melt out in 15 years 10 percent of the worlds land with be under the sea.

Greenland is a worry for sure, but this is a reasonable concern.   The entire country is altering because of the disappearance of glaciers.   Some countries wont exist in a few years because of global sea levels being above the highest point on their island; Netherlands is famously an advanced modern nation facing great challenges in future from undeniable alterations to world weather etc.  These are reasonable concerns that are true so its not FUD as its mentioning the worst possible outcomes; to some this is prudent discussion to be aware of.
 
FUD to me is when people choose to mislead and lie especially in the short term.  People commonly call out the death of celebrities', possibly a company leader or in some cases sports figures (falsely) to alter the betting odds available just before a game.   This is not ethical, in a large extent it could be illegal in some cases.   Its  done in stock trading sometimes to provide spikes is liquidity for trading short positions and so on, this has led to jail terms I believe.  
   Some traders have defended their colleagues stating its commonplace part of the industry not a one of instance so is overly harsh punishment to jail(most instances left unprosecuted), these tactics, FUD or similar are just part of the game.  It will always happen but no its not acceptable practice, normally the people doing it will not use their true identity.
legendary
Activity: 3738
Merit: 1708
People spread fud everywhere. They do it mostly for their personal gain. It’s not only in crypto. Tesla is another good example.

Many Tesla fan boys were like, “Tesla is going to be $1000 a share” and they were spreading fud about the other upcoming EV such as Lucid. Because they wanted people to sell Lucid and only buy Tesla.

When it touched $100 a share. Many were doing nothing but spreading fud comparing it to lower pe auto makers and saying it should be a $30 stock.
legendary
Activity: 3164
Merit: 1213
From my area of comprehension on the aspect of your point concerning panic towards Bitcoin market and especially been inquisitive of selling out your coins. So i believe that Bitcoin value can skyrocket today and tomorrow it decreases, actually panicking in cryptocurrency space is not good and i believe that many people have to be conscious of the time frame or decision they take in selling off their coins.
We can't say everything is happening ethical. Creating FUD is part of the market movement. Earlier only through FUD the market have been manipulated by the whales. By the time the market is small and now things have changed and so will be the difficulty in manipulation. Nowadays for FUD the market won't respond for a long term as people are well aware to analyse the reality of the incidents connected to manipulate the market. At times it is the FUD that make bullish/bearish move in the market.
legendary
Activity: 2576
Merit: 1655
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?

Since the market is open for everyone, heck even can be traded across the globe 24x7, I don't consider this kind FUD-spreading as unethical. We really need to be careful on what we read and hear even in this community. We have to digest every bit of it, whether there is some truthfulness on what they say, or it's simply FUD that we can smell it from a far.

So with that, we all have the responsibility, after all it's our hard earn money so we need to be very careful here and not just to blindly trust some posts or some crypto related news online.
hero member
Activity: 1400
Merit: 655
Bitcoin is achievement
From my area of comprehension on the aspect of your point concerning panic towards Bitcoin market and especially been inquisitive of selling out your coins. So i believe that Bitcoin value can skyrocket today and tomorrow it decreases, actually panicking in cryptocurrency space is not good and i believe that many people have to be conscious of the time frame or decision they take in selling off their coins.
legendary
Activity: 1232
Merit: 1080
FUD is perfectly ethical to spread.


Fake news is not.

An example of FUD.

Greenland is melting far faster than expected if it were to melt out in 15 years 10 percent of the worlds land with be under the sea.


Perfectly okay to state above as it fits in with uncertainty and is a true possibility to happen.

So it may not happen which means it is uncertain.

No human unless they can time travel knows if Greenland melts out in under 15 years.
No “.           “.       “.    “.    “.     “.      “.      if Greenland stays fairly frozen for the next 15 years.

So spreading that is fine as it is a true uncertainty.

For instance I may sell my Miami home and buy a cabin in the mountains along with some more btc because I guess the melt out happens.



Lying is different. You are a well known person on social media you say a lie cause you hope to raise or lower the prices of a coin or a stock.

Lets say This which is a lie “SBF cut a deal with Mr V of ETH”

you know it is a lie but you said it hoping to short ETH.

This is truly wrong to do.

But there are not uncertainties about your example because everything is backed up with science. I do not know the exact figures so do not know if yours are correct but if it is accurate the scientists which have claimed this would be able to back it up. You cannot just say that this is going to happen because then you are just click baiting with worrying headlines. It is not researched and cannot be backed up just like fake news. They are both the same.
hero member
Activity: 1498
Merit: 562
Leading Crypto Sports Betting & Casino Platform
Actually, spreading news that cannot be proven is clearly not very ethical, but we know that sometimes when we talk about btc, there must be pros and cons. with things like this, of course, everyone can speak according to their own beliefs. We can't forbid what they are doing but on the other hand they can't do anything to ban us either. As long as we stick to this I don't think it's a problem for anything regardless of FUD news or not because basically time can clog their bullshit.
hero member
Activity: 2002
Merit: 775
Leading Crypto Sports Betting & Casino Platform
FUD is perfectly ethical to spread.


Fake news is not.

An example of FUD.

Greenland is melting far faster than expected if it were to melt out in 15 years 10 percent of the worlds land with be under the sea.


Perfectly okay to state above as it fits in with uncertainty and is a true possibility to happen.

So it may not happen which means it is uncertain.

No human unless they can time travel knows if Greenland melts out in under 15 years.
No “.           “.       “.    “.    “.     “.      “.      if Greenland stays fairly frozen for the next 15 years.

So spreading that is fine as it is a true uncertainty.

For instance I may sell my Miami home and buy a cabin in the mountains along with some more btc because I guess the melt out happens.



Lying is different. You are a well known person on social media you say a lie cause you hope to raise or lower the prices of a coin or a stock.

Lets say This which is a lie “SBF cut a deal with Mr V of ETH”

you know it is a lie but you said it hoping to short ETH.

This is truly wrong to do.
As long as you spread an information because you believe that could be true I believe it's ok, because you are acting genuinely, being transparent and having good intentions. That is actually a way to introduce the discussion to more people, so they can reach a conclusion if that really corresponds to the reality or not.

On the other hand, people who have more knowledge about the matter in a level of depth they know the informations aren't real, but keep spreading it maliciously for the pure pleasure of deceiving individuals or for personal gains, are acting in a very unethical way. That is actually a big issue on the internet nowadays. We don't know in what to believe anymore, because there are many fakes or unlikely to be real stories being heavily disseminated.
legendary
Activity: 4102
Merit: 7765
'The right to privacy matters'
FUD is perfectly ethical to spread.


Fake news is not.

An example of FUD.

Greenland is melting far faster than expected if it were to melt out in 15 years 10 percent of the worlds land with be under the sea.


Perfectly okay to state above as it fits in with uncertainty and is a true possibility to happen.

So it may not happen which means it is uncertain.

No human unless they can time travel knows if Greenland melts out in under 15 years.
No “.           “.       “.    “.    “.     “.      “.      if Greenland stays fairly frozen for the next 15 years.

So spreading that is fine as it is a true uncertainty.

For instance I may sell my Miami home and buy a cabin in the mountains along with some more btc because I guess the melt out happens.



Lying is different. You are a well known person on social media you say a lie cause you hope to raise or lower the prices of a coin or a stock.

Lets say This which is a lie “SBF cut a deal with Mr V of ETH”

you know it is a lie but you said it hoping to short ETH.

This is truly wrong to do.
legendary
Activity: 1232
Merit: 1080
If you know it is FUD and you spread it then yes that is unethical. If you believe in the fud and do not know it is fud but think it is the truth then you are not well researched or maybe a fool but not unethical but I think you should have done as much research as possible before echoing what other people are saying.
legendary
Activity: 2940
Merit: 2144
If someone spreads FUD with a goal of tanking the price to buy an asset low and later profit from it, that's pretty immoral. And not only immoral, but can also be classified as market manipulation, which is a crime. If someone spreads FUD because they actually believe in it, then it's okay. Aren't many of us here spreading FUD about shitcoins or fiat currency?
mk4
legendary
Activity: 2716
Merit: 3817
🪸 NotYourKeys.org 🪸
It’s unethical but it’s part of trading to have a movement when the price is stagnant. This is same when shiller is posting about hyping certain things like the price will sky rocket to a certain level without any proof but just faith that it will happened. Trading shouldn’t be one sided and everyone has the responsibility for their own investment so there’s no ethical or unethical when it comes to trading as long as it doesn’t involves direct price manipulation on the exchange through inside trading.


It's totally unethical; no but's. It's like saying scamming is okay because the victim didn't educate himself of scams — it's unethical regardless of how dumb the scam is.
legendary
Activity: 3220
Merit: 5630
Blackjack.fun-Free Raffle-Join&Win $50🎲
What kind of question is that? Misleading others, or causing fear that can lead to financial losses or even loss of life is unethical to say the least. Unfortunately, the fact that social networks and mainstream media are something that shapes public opinion and that they are structured in such a way that it is very easy to abuse them for any purpose, what is unethical has become quite normal.

However, I would like to emphasize that not all FUD is intentional, because if we just look at this forum, we can see that some, under the influence of the media, are spreading information that is not supported by any facts and has no logic. In other words, those who try to manipulate the market are to blame, as well as those who spread such information thinking that they are helping others.
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