Topic: Do you consider spreading FUD to be unethical? - page 6. (Read 874 times)
they all are going to speculate no matter where the price goes. when BTC goes up to $50k, there are still people spreading fud that it will go down soon. they may provide TAs for it and it is all just to make people sell. mind you if they sell at $50K during 2021, then they are absolutely right as well because by 2022 the price goes below $20k. you still can't call it a fud.
Yes, but not restricted to FUD. I think any kind of solicitation is unethical, especially the way most people do it (cherry pick information and showing what is positive, sometimes even unfounded). I love when there's spreading of awareness and information, absolutely don't like when speculative hype is being bandied around. Doesn't matter if FOMO or FUD, it's all generally quite irresponsible leading to people parting with money they can't afford to lose.
I know it's all opinion but when you're spreading it, even paying for it to be heard/seen...
I know it's all opinion but when you're spreading it, even paying for it to be heard/seen...
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.
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. -snip-
Spreading fake news is certainly not good, but it is part of the fact that everyone is allowed to speak their mind. Whether that opinion is right or wrong. Therefore, one should not always believe everything one reads or hears. Forming your own opinion is important. It is true that fear and emotions are played with in order to push the price down or drive it up, but unfortunately this game is part of trading and this happens in all areas. 
-snip- Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
I don't think it's right what's being done, but it's hard to say whether it's unethical. Either way, everyone has their own view and opinion on it and sees it from a different point of view. 
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?
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?
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