These things are occurring on the regular, and it's funny how writers capitalize on the losses incurred by bitcoin and cryptocurrencies just to get some dollar on the side. I won't really be able to comprehend these people's way of thinking: bitcoin, as a volatile asset, would surely have its ups and downs, but every downs are sensationalized and every written article seems like it's the end for bitcoin.
Just get used to it, and carry on with your life. Get a good laugh from these articles since we know that bitcoin's end is not sealed yet.
Topic: FUD from Large Media Outlets when BItcoin Goes Down! - page 2. (Read 338 times)
Those aren't even that bad compared to the "bitcoin is dead" articles from other sites. Also, there are really nothing new. These articles with clickbait-ish titles are the articles that sells most to the public(unfortunately), hence we frequently see posts like these.
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Here are just a few:
https://www.pbs.org/newshour/economy/making-sense/why-a-nobel-laureate-in-economics-thinks-bitcoin-is-toast
http://www.atimes.com/article/bitcoin-falls-again-and-more-declines-expected-what-then/
https://www.forbes.com/sites/naeemaslam/2018/12/04/bitcoin-can-the-recovery-last/#566990ca2928
https://www.pbs.org/newshour/economy/making-sense/why-a-nobel-laureate-in-economics-thinks-bitcoin-is-toast
Quote
As for the safety of bitcoin as an investment, protected by the distributed network of computers that comprise the blockchain, “the idea that bitcoin or for that matter blockchain does not require trust is nonsense.” It’s based on a model of how things should work — a concept; a set of techniques. But everything can fail.
Quote
And so we end where the whole cryptocurrency craze began. Bitcoin, like any currency — like any store of value — is based on trust. Once that trust dissipates, who can say how much value is in the store?
http://www.atimes.com/article/bitcoin-falls-again-and-more-declines-expected-what-then/
Quote
As the market drops again, are we seeing Bitcoin entering a death spiral or a new positive trend of reduced prices, volatility and speculation?
https://www.forbes.com/sites/naeemaslam/2018/12/04/bitcoin-can-the-recovery-last/#566990ca2928
Quote
Looking at the Ethereum price, one would think the glory days are gone. The price of Ethereum is trading at $110, down over 90% from its all-time peak.
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