FUDS are big Confirmations that were in a Bull Market!!!!!! - page 4.

plr

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Quote from: very_452001 on January 21, 2021, 08:10:31 PM

I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.

You will never get FUDS in a bear market.

Isn't this just blatantly obvious. Wink

Old school Market Manipulation.

In the early days of Bitcoin there were FUDS everywhere and many are riding the FUDS because of ignorance but now that Bitcoin has become mainstream people are doing FUDS to make a profit, the convincing power of FUDS is not effective anymore, people have learned a lot they know that FUDS creates for people to sell so they can grab it, it is indeed a manipulation and newbies or new players should be aware of it.

Shasha80

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I agree one of a bull market characteristics is with lots of FUDS and scammers everywhere. Even though in fact, even during the bear market,
FUDS is still there, it is usually not as big as during the bull market. Maybe there are parties who do not like the increase in crypto prices or
there are parties who want to manipulate the market so that they can buy crypto at low prices.

Because every bull market there will definitely be a correction, in addition to the many whales that take profit, the correction occurs due to
FUDS too. We don't want to panic sell due to lots of FUDS popping up, stay calm and just HODL the coins you have. That's the key to becoming
successful investors, don't let the events of 2017 happen again.

SaShiRaJaVu

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Quote from: very_452001 on January 21, 2021, 08:10:31 PM

I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.

Any news from China had an impact in the market in the past, but China banning the exchange was not FUD, they really banned exchanges from trading cryptocurrencies.

Quote from: very_452001 on January 21, 2021, 08:10:31 PM

You will never get FUDS in a bear market.
Isn't this just blatantly obvious. Wink

Old school Market Manipulation.

There are negative news in bear market, how many exchanges got hacked when the market was in bear trend and phishing scams where you need to pay bitcoin to unlock your server, these are negative news.

The recent FUD was the Bitfinex blunder where they claimed they identified double spent in bitcoin.

Lucius

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Quote from: BigBoy89 on January 21, 2021, 10:55:58 PM

I'm afraid that people could panic and repeat the 2018 situation.

First of all, it is completely unjustified to compare 2018 and 2021, these are two completely different situations. The end of 2017 was the culmination of what started to happen after halving 2016, and the perfectly played roles of the media in creating a massive FOMO effect that caught in the net a lot of small fish that inflated the price. The people you're talking about have already sold for $20k, and those who haven't, have become weak hands on the road to $30k. The game is now run by some completely different players who have the money to steer the market in a direction that suits them.

Quote from: BigBoy89 on January 21, 2021, 10:55:58 PM

Luckily for me, this time, I changed most of my crypto into stablecoins when bitcoin was around $35k.

And you're an example of how the average cryptocurrency user thinks, you've sold your BTC for some stablecoin that is nothing but a digital fiat - even much more dangerous in the sense that it can be frozen in your wallet at any time, or that it's not backed up with literally anything.

traderethereum

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Quote from: ChrisPop on January 22, 2021, 12:48:26 PM

Human emotions remain the same although we evolve (in theory) intelectually from generation to generation to adapt to an era of information. If you can be sure of something, you can bet that humans will feel fear when their portfolio goes down and greed when their portfolio value goes up. It's the way our psychology works. History is the proof.

If we are ready with what will happen later, we will not feel fear or worry because I can anticipate the down of the portfolio, and we can find the other solution.
Human emotions will follow whatever situations and conditions that happen around us. That is why we need to control the emotion, especially if we see the market is down.
It happens to all people who are involved in crypto. Still, all of us will have each way to solve the problem and only people who can see the opportunity to survive still will stay until the situations and conditions become better.

pixie85

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There's not enough FUD. Those rumors that you can double spend are of the same importance as some people saying that an old wallet was moved so it's probably Satoshi coming back, or when they see a big wallet being moved they respond with "it's probably someone sending to an exchange to sell". People who believe in these rumors are even dumber than those who spread them

Quote from: tinopener on January 21, 2021, 09:25:53 PM

The time to buy is when there's blood in the streets.

Not yet then Wink

very_452001

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Expect Tether USDT FUD at 50k Btc to try bring it down again. Sure there will be more FUD's this year.

The Federal Reserve is printing $trillions for the stimulus cheques and were worrying about tether not being backed by the dollar. What's backing the $trillions that the printer is printing out dollars at the fed to begin with Roll Eyes

ChrisPop

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Human emotions remain the same although we evolve (in theory) intelectually from generation to generation to adapt to an era of information. If you can be sure of something, you can bet that humans will feel fear when their portfolio goes down and greed when their portfolio value goes up. It's the way our psychology works. History is the proof.

adzino

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Nothing new. Every time when the price starts to skyrocket, it is then we see that the "media" creates a certain interest surrounding crypto currencies. They start spreading FUDs and as the price starts to increase more, weird stories that makes no sense starts to popup. Like look at this double spending article. The way they are using titles for their articles, it sounds like the bitcoin protocol has a huge flaw that is going to break the whole bitcoin system. Again, the other day, stories were popping about a man losing his bitcoins in a hard drive. That same story keeps on popping every time bitcoin sees a bullish trend. FUDs are so common nowadays. All we can do is ignore them.

very_452001

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I'm trying to think of FUDS that they will use in the next bully cycle of 2024/25 when they try to crash it from 500k to 100k, cheap coins lol Grin

:

Feel free to add to the list no matter how silly they sound:

- Triple Spent BTC Transactions.

- Terrorists bought 3 nuclear bombs that cost 1 btc each but manage to buy 3 of them for 1 btc because of Triple Spent so they can now nuke 3 countries including the US for the price of 1 btc. So everyone be very afraid unless we ban bitcoin now.

- BTC mining is melting ice caps in north pole because btc mining gives off a lot heat so BTC is killing the planet.

- President Trump re-run for 2024 presidency has been funded by btc donations from terrorists so terrorists want him to win so he can break down the US for them.

- There's a digital computer virus version of the Corona Virus that turns off cooling in computer systems such as turning off fans meaning btc computer mining systems will overheat & implode from no cooling so btc network is screwed.

- The mainstream media will find a Japanese looking Satoshi Nakamoto intimidator and portray him as the real Satoshi and he will a lot of bad things on bitcoin like Craig Wright is doing now.

- And the usual China will ban bitcoin for the millionth time.

Jating

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Quote from: very_452001 on January 21, 2021, 08:10:31 PM

I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.

Time is different though, 2017 was just the start so any negative news will really bring the market into it's knees. But today, we haven't seen a huge dip in the market. Maybe because investors have matured, or they simply are not affected and going to HODL.

Quote from: very_452001 on January 21, 2021, 08:10:31 PM

You will never get FUDS in a bear market.

Isn't this just blatantly obvious. Wink

Old school Market Manipulation.

True, but we have seen a lot of FUD's regardless what sentiments we are in. And bitcoin is so resilient that it has its way to bounce back from this negative news. So I'm seeing a immediate jump after this FUD is over in the next coming weeks.

meanwords

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Those fake news that are circulating right now is probably scaring the newbies into thinking that Bitcoin is very vulnerable. Though it's not the case anymore and that news will become irrelevant over time. But isn't it good? at the end of the day, another one of those dip had happened again and we get another opportunity to reinvest.

ivankoh

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Quote from: very_452001 on January 21, 2021, 08:10:31 PM

I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.

Certainly so. If I remember exactly. China tends to FUD before the Lunar New Year of each year.
01/2018, Beijing tried to create rift and stop bitcoin value for manipulation then tricked people into banning all forms of burning ICOs.
Dangerous to acquire.

kentrolla

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Quote from: BigBoy89 on January 21, 2021, 10:55:58 PM

The key part here is " were in a Bull Market". FUDders are around every corner!

I'm afraid that people could panic and repeat the 2018 situation. Luckily for me, this time, I changed most of my crypto into stablecoins when bitcoin was around $35k.

Exactly that's quite annoying if the price goes down many of them sell in panic which makes the price drop even more especially those who are newcomers, obviously the same thing is happening which happened in 2017 price drops panic sell goes extreme.

Also FUDs is a natural phenomena in market I don't consider any of the opinion shared by others I always go on my own decision if it goes well then my research and analysis is working if it goes wrong then it's a lesson for me Cool

dothebeats

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It just so happens that BitMEX didn't allocate much time on analyzing what happened on that block, otherwise none of these things/reports/false information would have happened in the first place. it's such a shame that an exchange such as them fail to recognize the basics on how bitcoin really works when it comes to longest chain, double-spends, etc. I won't consider it as an intentional FUD but someone who just ran their mouths faster than what their minds could think. They haven't found a vulnerability or critical flaw in the code, they just found something that is normal and sensationalize it because they think they stumbled on to something..

And the weak hands? They sold, because they never bothered to dig deeper on what the experts say, and thought that because people already sold, they might as well do so before they are left with worthless bags. I'd buy those bags happily if I have the financial capability right now. Cheesy

btc_angela

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Quote from: ?? on ??

FUD only scares the chickens, strong HODLers stay calm during the storms.

Weak hands, in any case strong HODLers have seen this many times before, not going to be affected, they will just probably check the price, know the reason buy more bitcoin at his dip, sleep, eat, rinse and repeat.

For the FUD'ers this news will die now, market will bounce back to a new all time high after this one. FUD'ers will go on the cave again and hibernate and will come out if there are news that they can exploit to create rumours again.

LogitechMouse

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Quote from: very_452001 on January 21, 2021, 08:10:31 PM

~

If you are a rich investor and you want to enter the crypto market, you need to spread FUD throughout the internet.
If you are a popular person and you want to enter the crypto market, you need to spread FUD.

This is what these people are doing. Those FUD's that are being spread are getting created and published because they want to enter at the lowest price possible. Although I agree with what the OP has mentioned that you will not hear FUDs in a bear market, there is still some bad news on crypto even in bear market but its just few and can't affect the market at all.

Lucky for those investors who bought at a lower price since they are in a profit right now and too bad for those sellers Cheesy

. Whatever happens, FUD will still be there and its up to the holders and investors if they will react to it or just leave it and don't make a move.

maculeth

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I don't know if that is true or not, but for now the driving force for bitcoin purchases is due to the pandemic and some people who have money choose to invest in Bitcoin because they are just busy at home and only playing their money. I think it makes more sense in a bull market that is currently happening. retail investors, or large investors, all do the same thing that drives prices up.

Jawhead999

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Buy the rumor, sell the news

FUDS will always in stay in Bull or Bear market, when it's bull market everyone will ask "when Bitcoin will crash","when Bitcoin touch $3,000 again", or "does this bullrun is same as 2017?"

When bear market everyone will ask "Can/when bitcoin become $0?", "Does bitcoin already died?" etc.

Those who do panic selling right now and make the market is dumping actually a newbies who doesn't believe Bitcoin and just want to take a bit profit or scared of 2017-2018 story.

irixo10

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Fud is one of the factors that always exists in the crypto market whether bull market or bear market. In a bull market, fud is bound to occur and depending on how huge it is, will likely cause a downtrend in the market, hence giving those who spread that fud as well as those waiting for price dump the opportunity to buy more and once realized it is nothing but fud, the price continues growing again. In the same way, in a bear market, most people knowing what Bitcoin offers will continue spreading fud in order to cause more people to sell, and it's quite easier in a bear market because as many people are already confused, thus any little fud they will sell. Fud is something a lot of people need to understand, so that they can make better decisions most especially when it is a fud about Bitcoin.

Topic: FUDS are big Confirmations that were in a Bull Market!!!!!! - page 4. (Read 1003 times)