FUD-slingers saying 20K this weekend...

pilosopotasyo

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Quote from: Obito on June 18, 2021, 04:17:04 AM

What week are they talking about? Bitcoin is still on the good numbers of 38k this week and no sign to me that it will go down anytime soon. Also, this FUD slingers just wants to feed off the fears that they can get by spreading bad news so ignoring them is the best thing to do.

We cannot stop people from spreading rumors and FUDS many people are profit-driven and guided by the principles buy low sell high after they sold all their coins in their high they will now create FUDS to start the market from dropping.
I don't see BItcoin going down any further than $28k, there's a strong buying in the $30k level.

DU18

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Quote from: DaC0nsumeR on May 28, 2021, 05:43:43 PM

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

To be honest, I also saw some posts on cnbc related to crypto speculation so far, but I never took what was contained in the news site cnbc too seriously, even I saw what they said was not what is happening in the market today and according to I think they are trying to spread FUD to bring down crypto all this time.
I personally prefer to analyze prices in the market to determine which direction bitcoin will go and maybe look for references from various sources that are accurate and neutral in seeing crypto developments so far.

ene1980

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Quote from: Expecto on June 17, 2021, 06:42:01 PM

Actually, I have near zero expectation in this way. The price is just stuck between 35k and 40k dollars. It seems like we've entered the bear market but many of us (including me) are not aware of it yet. I think the price won't decrease that much but it will continue to be stuck at these levels.

The price is stuck between $30k to $40k and you think that it is a bear market, you need to remember that the price of Bitcoin was below $10k a few months ago and right now we are three times over that valuation and everyone is thinking that it is a bear market which is silly. I am not expecting any one could predict any dates when the price would rally again or when it will go down below $20k but avoid getting convinced by FUD.

stomachgrowls

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Quote from: pilosopotasyo on June 26, 2021, 07:50:24 PM

Quote from: Obito on June 18, 2021, 04:17:04 AM

What week are they talking about? Bitcoin is still on the good numbers of 38k this week and no sign to me that it will go down anytime soon. Also, this FUD slingers just wants to feed off the fears that they can get by spreading bad news so ignoring them is the best thing to do.

We cannot stop people from spreading rumors and FUDS many people are profit-driven and guided by the principles buy low sell high after they sold all their coins in their high they will now create FUDS to start the market from dropping.
I don't see BItcoin going down any further than $28k, there's a strong buying in the $30k level.

Dealing with this market would really be composing of those fuds and hype which would somewhat affects bitcoin price and of course since we do have different analysis then someone would really be taking
those fuds as part of fundamentals aside on seeing some bearish point into their technicals.

Even myself did really have some bearish view on last week which i did eventually able to get in on 30k price and my gut telling me that there might be some bear trap because theres significant volume or strong support
into this level and i was right. The price hadnt dropped that much.

It did eventually make out some recovery and made out some easy profits in a short time. FUD slingers? You would surely lose money if you do rely with those informations.

gabbie2010

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Quote from: ILuckyGuyI on June 17, 2021, 06:55:21 PM

Everything can happen in this market. So, I can't say that there is no way to see $20k soon. As long as FUDs continue to happen, there will always be a possibility for it also. But I feel like we've already seen the dip and it won't be worse than this.

The price of Bitcoin had not gone beyond $29K since those FUD-slingers gave their own predictions, after several attempt to break the support at $29K the price got rejected we have seen enough dip thus the tendency of price reaching $20K is not likely and feasible for now however the storm is not over yet this a result of backlash from China clampdowns on miners and banks closing down cryptocurrencies related businesses there is no green light for a possible bullish market sentiment the fundamental that would trigger the possible market turn around is uncertain.

zanezane

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Quote from: Obito on June 18, 2021, 04:17:04 AM

What week are they talking about? Bitcoin is still on the good numbers of 38k this week and no sign to me that it will go down anytime soon. Also, this FUD slingers just wants to feed off the fears that they can get by spreading bad news so ignoring them is the best thing to do.

Sure as hell that this isn't the week that they are talking about too but if the prices are going to that point, I am pretty sure that they will take the credit for it even though they predicted that it will at a wrong time.

John999

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Quote from: DaC0nsumeR on May 28, 2021, 05:43:43 PM

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

I'm bearish on crypto long term but seeing all the obnoxious bears coming out after a 50% drop with a $0 price target tells me what's next 😏

wxa7115

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Quote from: Quidat on June 17, 2021, 06:32:26 PM

Quote from: Bilgent on June 17, 2021, 05:47:31 PM

There are always that kind of people and will always be. Everybody has their own predictions. I don't expect the price to go down to $20k soon honestly. I think that we will continue to see the same levels for some time more. And later, the price will start recovering.

There would be always those no coiners on where telling those negative things continuously without minding about the truth that the price couldn't really go that
low in a short span of time.They can call all they want but they would really be saying to themselves that they were wrong as the price didn't really get that low.
Just let them be and believe on what they do believe because they would realize that things aren't supposed to go on what they do believe.
There would be always those fud slingers no matter what market you are engaging on and this isn't something new and you should really need to deal with it.

The no coiners really bother me, at least with those that are holding some coins you can tell they have some skin in the game so even if we disagree with them and their predictions you know they have something at stake, but no coiners keep spreading their opinions and try to generate FUD when they do not get anything out of it.

Another thing is those no coiners really do not know anything about the market, they keep claiming bitcoin is dying or already dead without taking into account this has been said many times in the past and yet bitcoin is still here.

Erdogan

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Quote from: Obito on June 18, 2021, 04:17:04 AM

What week are they talking about? Bitcoin is still on the good numbers of 38k this week and no sign to me that it will go down anytime soon. Also, this FUD slingers just wants to feed off the fears that they can get by spreading bad news so ignoring them is the best thing to do.

This thread was created three weeks ago, so the prediction didn't come true anyway.
Such statements do not surprise me at all, because everyone who sold at higher price, wants to buy back as cheaply as possible, so it is obvious that they write like that.
FUD is part of every financial market and I can't even imagine that it will ever stop being part of speculation. We have to get used to it and just like you wrote, just ignore it.

Obito

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What week are they talking about? Bitcoin is still on the good numbers of 38k this week and no sign to me that it will go down anytime soon. Also, this FUD slingers just wants to feed off the fears that they can get by spreading bad news so ignoring them is the best thing to do.

ILuckyGuyI

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Everything can happen in this market. So, I can't say that there is no way to see $20k soon. As long as FUDs continue to happen, there will always be a possibility for it also. But I feel like we've already seen the dip and it won't be worse than this.

SaShiRaJaVu

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Quote from: kapalmabur on June 17, 2021, 01:45:10 PM

there will be no more $20000!, there are already a lot of people who want to buy Bitcoin at a price of $20000 to $25000,
and of course the whales already know this, and maybe the price of Bitcoin will fly off before the bears appear,
so remember! play the game of whales, and don't play alone

Looks like you are confident in the market and i will be surprised if the price of Bitcoin will sustain above $20000 when the bear market starts as you need to remember that it is the old all time high and everyone is expecting the market to trade well above the last all time high Grin

.
I am not expecting a major correction in the coming months but we might reach those valuation at a later time.

I did not understand what you mean by playing with the whales and no playing alone, if you could explain that it could be great. Whales pump and dump the coins and it is difficult to predict when that would happen.

Bilgent

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There are always that kind of people and will always be. Everybody has their own predictions. I don't expect the price to go down to $20k soon honestly. I think that we will continue to see the same levels for some time more. And later, the price will start recovering.

Expecto

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Actually, I have near zero expectation in this way. The price is just stuck between 35k and 40k dollars. It seems like we've entered the bear market but many of us (including me) are not aware of it yet. I think the price won't decrease that much but it will continue to be stuck at these levels.

Vaculin

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Winding down.

Quote from: DaC0nsumeR on May 28, 2021, 05:43:43 PM

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

Well, it's up to the people to believe what they say. I think they are old enough not to understand the situation.

These scammers and FUDders will find their way to ruin the market and badly influence the minds of the people. Their tactics are old enough for us to win, no, they don't. In fact, if we look into the market, we can never see a huge decline despite that negativity. Apparently, people had already known what a thing need to respond to and a thing that is reliable.

Quidat

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Quote from: Bilgent on June 17, 2021, 05:47:31 PM

There are always that kind of people and will always be. Everybody has their own predictions. I don't expect the price to go down to $20k soon honestly. I think that we will continue to see the same levels for some time more. And later, the price will start recovering.

There would be always those no coiners on where telling those negative things continuously without minding about the truth that the price couldn't really go that
low in a short span of time.They can call all they want but they would really be saying to themselves that they were wrong as the price didn't really get that low.
Just let them be and believe on what they do believe because they would realize that things aren't supposed to go on what they do believe.
There would be always those fud slingers no matter what market you are engaging on and this isn't something new and you should really need to deal with it.

Hippocrypto

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Quote from: DaC0nsumeR on May 28, 2021, 05:43:43 PM

I hope this does not overlap too much with other recent threads.

Been seeing market analysis that points to aggressive sellers, then some typical CNBC nonsense, then Scott Minerd on Twitter posts the following: "Crypto investors be warned: be prepared for a volatile holiday weekend."

Looking for your market readings for the next three days.

Is this just FUD for FUDsake, game playing, or are big sellers going to try and dump the price this weekend?

The bear market is not that significantly strong, so we need not to worry about those fud slingers. Keep that strong mindset, and don't forget to build a strong faith towards cryptocurrency. Even though you've been shaking because of several factors that hinders your actions, make it as a good foundation to pursue success with determination.

Saisher

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Quote from: kapalmabur on June 17, 2021, 01:45:10 PM

there will be no more $20000!, there are already a lot of people who want to buy Bitcoin at a price of $20000 to $25000,
and of course the whales already know this, and maybe the price of Bitcoin will fly off before the bears appear,
so remember! play the game of whales, and don't play alone

Honestly, I want to buy more and wishing it will drop but it's not good for the market to drop at that level now, we have our chance last year when there was a crash because of the news of pandemic, we have good momentum now, the investing climate is good now why FUD the market to drop to $20k level we will have a bear market but I don't expect it to come sooner.

Oasisman

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Quote from: wxa7115 on June 17, 2021, 01:02:59 PM

Quote from: inoes on June 16, 2021, 06:36:55 PM

~snip~

This means we need to wonder why FUD is so effective and this is not difficult to know, a great deal of those that are investing in cryptocurrencies do not really have a lot of experience which means that as soon as something goes in the wrong direction then they panic and they sell.

And when we add that there are many parties interested in creating FUD unlike what we see in the stock market then this makes it even more effective, however whenever we see some FUD we need to ask ourselves what is the intention behind the FUD? And most of the time it is to make us sell so the price goes down which means we need to do the opposite and keep holding our coins.

The intentions behind the FUD? Well, its clearly they want Bitcoin to drop it's value.
When they see a relevant news that could pull Bitcoin down, they'll take It and disseminate the information through various social media platforms and even in this community. They'll always exaggerate the outcome so people would get panic and sell.
One prime example today is the total banning of Bitcoin mining in China. Though there were a significant drop of hashpower but It didn't affect the price at all. However, FUDS are still using this news in hopes of pulling Bitcoin down to $20,000 level.

kapalmabur

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there will be no more $20000!, there are already a lot of people who want to buy Bitcoin at a price of $20000 to $25000,
and of course the whales already know this, and maybe the price of Bitcoin will fly off before the bears appear,
so remember! play the game of whales, and don't play alone

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