Topic: Don't fell for FUD. Stand your ground bitcoiners! - page 3. (Read 1511 times)

True, bitcoin won't die because of the highest bitcoin population, so there's no need to worry too much when there is a decline. Bitcoin still has hopes of pumping to higher prices, and buying at a low will be an opportunity to get more profits.

There are lot of FUD regarding the downfall of cryptocurrency prices but the very normal trend in the crypto market is when there is a greater dip the bull run definitely follow after that because once the altcoin prices decrease the demand fro investors eventually increases due to low prices so many potential investors are getting attracted in these days even from the share market to invest in cryptocurrencies which can be a reason for crypto prices to sky rocket in not time so the best move would be avoid any FUD news and be patience with the investment  

it has nothing to do with the market and whether or not it is doing well.
it is all about the market going in the opposite direction of what these people hoped for. so they want to pull it back to their own desired direction. for example someone who has been shorting bitcoin or had the wish to buy bitcoin below $3400 is now desperately spreading FUD about bitcoin because he thinks he can get back the opportunities he missed so that he can right his  wrongs!

Those that like to spread FUD most of the time appear when the market is not doing well, after all if the market is skyrocketing you have no reason to beleive anyone that is warning that the market cannot sustain such growth, but when they spread their FUD when the market is like this many people will believe them because deep down they are thinking something similar even if they do not want to admit it.

So.

I've seen this in a thread:


And globally an increase of posts saying that it's the end. That the big scam is finished and that now it's just a deah fish. That it was all a global scam.

Now I don't care if some old traders are dumb enough to sell right now. This post is for all the newcommers that fear investing. When I first invested in 2015 I was worried and only bought up to 2 coins while I could have bought about a dozen rather easily. Now I'm still happy I've bought at this time but I would have loved if some old coiners managed to convince me to buy muuuuuuuuch more.

Here is why you should buy, and buy now:

-BTC is not dead. There is no reason for btc to die, the only way would be to stop all mining but that's simply not possible as anyone can mine, even you.

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over...

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!

-Next halving is in less than two years: https://www.bitcoinblockhalf.com/
If you don't know what halving is, just remember that halving means less BTC mined means price increase.

-Market value is already in the 63 billions. For the price to stay the same, you need only a few billions considering the small increase of coins.

-Tons of coins get lost. I'm not even sure the number of BTC is actually increasing if you consider the people losing their private keys, the people dying without handing their coins, the amount of dust btc lost in small wallets...

-Not a single solution has been provided to avoid another world financial crisis. Banks and government are still exactly doing the same thing. And at the next financial crisis, when governments will have to print billions and billions to bail out the banks, what currency will not get inflation in any way? Yeah you goddamn right.

-For anyone in countries not 100% safe (means anyone except USA, France UK and Germany). Remember governments and banks simply prevented any citizen to get their money from their bank account with the Greek crisis. They will never be able to freeze your coins.


So don't be afraid. It's better than any other investment you could make.

Chill out, buy, and buy now as the price can only go up for the next halving.

Cheers.

You got a point here . strategy of others wont always work on some people . thats why it is much better to foccus on your own strategy , not only it is beneficial for you . it can also teach you a valueable lesson if ever you fall from your own mistake .

When it comes to fuds, we must not believe on them instantly because fuds are only the same as speculation and prediction . they are all unreal or no evidence to back thier statements .  fuds only causes users to panic  and fudsters only take the benefits at most .

Newbies spreading FUD when they got bad news about crypto market. Even they share and tweet in the facebook and twitter social platform to increase FUD that is damage bitcoin investors and who guys plan to invest in btc. I think well known and actual crypto loving dude don't believe any rumors.

I hope we can see good news this month in the market and I wish that most altcoin can jump to a higher price because I think the bull market is starting to come to us. Nah, I don't think about the FUD because they can do whatever they want because they want to make people become panic. Be patient for a while, and we will see the bull market come again and help us to make a bigger profit.

Have been around Cryptocurrency for a while now and I love the warning you are giving out to the newbies out there, FUD is really dangerous to Crypto it really drags the Market down and giving investors and bitcoiners bad mindset on the next steps to follow.

Today, I see a pretty good development, and a few days ago I also heard quite good news for this development. well, I guess crypto prices have started to recover. even though there will be so many FUDs, we have to endure this.

This is the one of the advantages of cryptocurrency most i like about. It doesn't care about how much you send the coin, the fee remain small.
You will find a big difference from fiat transaction if you send in large amount of your fiat money to other peoples, compare with sending large amount of bitcoin.

in a way i still believe that this can change in the near future though.
the decentralized and open source community is much bigger and better than what we have been seeing so far which has been mostly greed. things like bitcoin which are created to change the world not the creators pocket size, happen rarely but they do happen. that is why i believe eventually this tide will turn and we start seeing some better developers enter the space with motivations to improve the system not just make money from it.
...and then we will see stronger decentralized exchanges, much better alternative cryptocurrencies and lots of innovation.

Many people following others recomendation and not able to make their own analysis. Right now, its better make our own analysis and research about our investment. If we made mistake because our own analysis, we can take a lesson from it and our knowledge growing better

So.

I've seen this in a thread:


And globally an increase of posts saying that it's the end. That the big scam is finished and that now it's just a deah fish. That it was all a global scam.

Now I don't care if some old traders are dumb enough to sell right now. This post is for all the newcommers that fear investing. When I first invested in 2015 I was worried and only bought up to 2 coins while I could have bought about a dozen rather easily. Now I'm still happy I've bought at this time but I would have loved if some old coiners managed to convince me to buy muuuuuuuuch more.

Here is why you should buy, and buy now:

-BTC is not dead. There is no reason for btc to die, the only way would be to stop all mining but that's simply not possible as anyone can mine, even you.

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over...

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!

-Next halving is in less than two years: https://www.bitcoinblockhalf.com/
If you don't know what halving is, just remember that halving means less BTC mined means price increase.

-Market value is already in the 63 billions. For the price to stay the same, you need only a few billions considering the small increase of coins.

-Tons of coins get lost. I'm not even sure the number of BTC is actually increasing if you consider the people losing their private keys, the people dying without handing their coins, the amount of dust btc lost in small wallets...

-Not a single solution has been provided to avoid another world financial crisis. Banks and government are still exactly doing the same thing. And at the next financial crisis, when governments will have to print billions and billions to bail out the banks, what currency will not get inflation in any way? Yeah you goddamn right.

-For anyone in countries not 100% safe (means anyone except USA, France UK and Germany). Remember governments and banks simply prevented any citizen to get their money from their bank account with the Greek crisis. They will never be able to freeze your coins.


So don't be afraid. It's better than any other investment you could make.

Chill out, buy, and buy now as the price can only go up for the next halving.

Cheers.

Merited your post as this is what I've been telling folks for years

I had even created a topic here after Bitfinex got hacked in August 2016 when over 120k bitcoins were stolen. People were nodding their heads in agreement and nothing has changed since then. A truly decentralized exchange is only possible on the blockchain level when your desktop wallet functions as that exchange. But no one is financially interested in this kind of thing since there is no way you could profit off it, apart from running an ICO fraudulent scheme as you correctly note