Guy we must stop crypto/btc FUD :( we need to start campaigne.

magneto

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

TBH, that's not entirely true.

It is true that FUD is being spread around and most of it is going to baseless and pretty much illogical reasoning, but just cause these tweets are being retweeted by their followers doesn't mean that the markets will all of a sudden just go down like that.

Main reason is still is the natural cycle of BTC, right now we're in a correction and consolidation phase where prices are expected to drop.

As much as we'd like the FUD to stop, there is no way to stop it. Promoting education and let everyone find out themselves what BTC really is is going to be the only way to stop people from believing in them.

clrpod

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Quote from: Victorycoin on February 13, 2018, 02:55:48 PM

Quote from: nightfury on February 12, 2018, 10:41:00 PM

I appreciate your advocacy about stopping FUD and it's really good. But we can't really stop those negative thinkers and bitcoin haters to spread FUD all over this forum and in the internet. They can't stop bitcoin from rising up once again.

Come to think of it, some of these people inciting FUD may not be negative thinkers and Bitcoin hater, they might as well be mercenaries who're obsessed with buying Bitcoin at cheap rates, knowing it has a history of always bouncing back. At the end of the day, the losers are the half baked traders, that're yet to fully understand the folly in buying high and selling!

No doubt there are such people. It's interesting to consider there role. Do they actually harm the market by contributing to such large crashes or do they help the market by enticing people to enter because of the potential profits involved with the large volatility?

Ultimately they could be the downfall of the market, at some point they may try crash the market to benefit themselves but end up taking it too far to a point where the market confidence cannot be recovered.

Victorycoin

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Quote from: nightfury on February 12, 2018, 10:41:00 PM

I appreciate your advocacy about stopping FUD and it's really good. But we can't really stop those negative thinkers and bitcoin haters to spread FUD all over this forum and in the internet. They can't stop bitcoin from rising up once again.

Come to think of it, some of these people inciting FUD may not be negative thinkers and Bitcoin hater, they might as well be mercenaries who're obsessed with buying Bitcoin at cheap rates, knowing it has a history of always bouncing back. At the end of the day, the losers are the half baked traders, that're yet to fully understand the folly in buying high and selling!

Herbert2020

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

well this may sound a big harsh but i say if people are too dumb that they follow twitter/FB bullshit instead of using their own heads and these FUDsters can effectively cause a big drop then maybe bitcoin should get dumped because dump means all these idiots are selling.... good riddance!

and if they are scared and are not coming forward to buy because of some dumb FUD, then it is best to not buy bitcoin at all. we don't want people who don't understand bitcoin hold any of it. there will be more for the rest of us who do understand it. let them beg us to sell them a tiny portion of it when price reaches $1 million.

The_Dark_Knight

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

There is not a need to do anything if they want to crash the price then take advantage of it, if life gives you lemons then make lemonade, if the price goes down then buy bitcoin, you are not going to see too much profits in the short term but you will see them in the long term and that is what matters, and if they fail and the price goes up you benefit since your profits go up so no matter what happens you win.

nightfury

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I appreciate your advocacy about stopping FUD and it's really good. But we can't really stop those negative thinkers and bitcoin haters to spread FUD all over this forum and in the internet. They can't stop bitcoin from rising up once again.

criz2fer

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Quote from: Jet Cash on February 11, 2018, 12:48:02 PM

I think perceptin of Bitcoin is changing. I believe that the volume payment interest is moving over to alts, and Bitcoin is consolidating as a store of value. This is going to attract a whole new class of investor, and that should allow the price to rise over the course of the year. The big question is when to buy before this increase starts to become apparent.

Your correct mate. Have been seeing new currencies in the market cap that are climbing to top 100 like U.CASH. I think this coins are stable of rising during the bloodbath recently. FUD's are used by other investors to choose other currencies because of the recent cheap price of bitcoin.

clrpod

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People saying price will fall to x amount isn't really FUD. It's just an expression of opinion. FUD would be when people announce that countries will ban cryptocurrencies or that sites have been hacked etc when none of these things are true.

It's our responsibility to be wise to what is truth and what is not and always verify news at source. It's also our responsibility to teach people who are newer to crypto about the FUD they may experience and how to handle this.

jseverson

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It's futile. If people are spreading FUD for the hell of it, which is basically what you described, then there's really no way you can stop them. Small time FUDers that are bearish without reason barely affect anything anyway. FUD is most effective when used to spread confusion about real life events, such as the initial China ICO ban.

The best thing you can do is to call out sensationalized headlines so that normal people aren't victimized. Fake news has encroached into crypto territory after all.

arpon11

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

This systems is going to play out for a very long time and the FUD is what separate the wise traders and investors from the weak and inexperienced trader. The games are buying low are sell high and repeat it again to make more profit. One thing that we should know is that bitcoin and other trading instruments cannot continue to go up and it cannot continues to go down and what brings it down and up is the FUD and rumors and news!

alyssa85

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Quote from: ktabb on February 12, 2018, 06:17:01 AM

1. Bitcoin can't scale, to the point that it will never be usable as a currency
2. Bitcoin is too unstable and volatile to be a store of value
3. There is tons of serious competition among alt coins, which did not exist in the past
4. Governments are cracking down on crypto

Why on earth would you look at these facts and still think bitcoin is a good buy? Nobody would think that, except for someone who already owns bitcoin and has likely lost a lot of money over the past month or so.

It isn't a good buy at the moment. What isn't clear is why attention hasn't switched to some promising alts which don't have bitcoin's problems. I'm guessing it's because the alts don't have a media presence.

ktabb

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

People making these predictions are just being logical. They are looking at the fundamentals of bitcoin and seeing major problems. They are looking at the chart and seeing a CLEAR picture of a bubble that has burst and is currently collapsing. If you start a "campaign" to get people to make poor and irrational financial decisions such as investing in bitcoin, then you are most likely going to cause harm to anyone who listens to you.

1. Bitcoin can't scale, to the point that it will never be usable as a currency
2. Bitcoin is too unstable and volatile to be a store of value
3. There is tons of serious competition among alt coins, which did not exist in the past
4. Governments are cracking down on crypto

Why on earth would you look at these facts and still think bitcoin is a good buy? Nobody would think that, except for someone who already owns bitcoin and has likely lost a lot of money over the past month or so.

YuginKadoya

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Well even if there are many FUD circulating social media it is not enough to stop bitcoin from recovering back what it has lost during it's recent All Time High, Because when bitcoin hit that value it will surely come back to it and every time it regains its price it is still determined to dominate even higher value at the same time, So just sit back and relax and don't worry about the FUD because many will eventually not gonna believe it in the future.

oddwh

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To stop fud spreading you just need to stop taking care of BTC price Wink

As fud is based on fake informations to manipulate the market, the only impacted people of these fake news/facts are people who are afraid of price dumps. And because of fear, this is these same people who spread themselves these informations.

socks435

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I'm looking for free spin.

There are lots of internet marketers are doing this they are promoting fake news and spread FUD on twitter and facebook and even in any blogs just to convince other people to sell their bitcoin to push the price low and they will enter and buy low price of bitcoin and hold for a long time to get benefited in the future..
If you are in field in SEO and internet marketing they are always lying to people (blackhat method) for the sake of their earnings..
They are just helping spreading about bitcoin but in the bad ways. .
We don't need to start campaign honestly just let them discover bitcoin with their own research.

BUK2016

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It is pathetic situation especially for those who spread FUD without even them implication of there action on the market trend. And to those who speculate without without source and evidence of their speculation are all part of the people that contribute to the down trend of the market.

pleaseexplain

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Quote from: richardsNY on February 11, 2018, 04:08:13 PM

The main reason they fud is because of how easily people in this market fall for it, and as long as that doesn't change, we will never see fud decline. The sooner everyone just ignores all the nonsense coming from a bunch of losers, the less incentive they will have to continue their pathetic practices. Main point of importance is that people start to understand Bitcoin and how this market actually works -- fud manages to affect people because they are ignorant. Take the ignorance of people away, and this fud nonsense will be something of the past. But then again, it's practically impossible to get rid of fud entirely due to the high influx of get rich quick newbies entering this market, but we can at least have it be reduced significantly.

In terms of adoption by the masses FUD is not a real concern as they do not know "enough" about bitcoin for the FUD to affect them. They are at an earlier stage eg I was in hospital over the weekend and said to the nurse i was a bitcoin fan.
She
1. has heard of it ie did not reply "What is bitcoin?" so its slowly getting down to everybody
2 had a basic concern about it not being a "real coin" ie it was just alot of numbers and she could not touch it like cash

I have others say things like it is too expensive as they think they need to buy a "whole "coin.

So we should ignore the FUDsters and spend our energy on possible adopters.
My answers to that not being real is to point out their bank accts and electronic wage payment to it each week are not really real either but they accept that as normal. To the issue of being too expensive I say that the word bitcoin should be seen for some meanings as word like "sterling" ie it describes a currency - you cannot buy 1 sterling but you can buy 1 pound. it's not an ideal comparison but it helps

richardsNY

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The main reason they fud is because of how easily people in this market fall for it, and as long as that doesn't change, we will never see fud decline. The sooner everyone just ignores all the nonsense coming from a bunch of losers, the less incentive they will have to continue their pathetic practices. Main point of importance is that people start to understand Bitcoin and how this market actually works -- fud manages to affect people because they are ignorant. Take the ignorance of people away, and this fud nonsense will be something of the past. But then again, it's practically impossible to get rid of fud entirely due to the high influx of get rich quick newbies entering this market, but we can at least have it be reduced significantly.

Jating

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Quote from: sunilkhoday555 on February 11, 2018, 05:08:20 AM

Many so called twitter/FB experts just spreading that btc will go to 3800-4200-4800$ just like that ,without showing any confirmations of the candlesticks,

And foolish followers updating on their timeline and retweeting their posts, so finally these leads to btc dump. when such kind of FUD spreads every where who will come forward to buy btc, all will be waiting for btc dump , Sad

I think we can't do anything about those who spread lies about bitcoin and crypto. They can do whatever they want, as much as we have that, our hands are all tied up. Right now the market moves into another bearish trend so it looks like those FUD'ers are working really hard to put the market down.

However, bitcoin is very resilient from such attacks. We may be down again, but we are not completely out. There will be a time that all those detractors will be quiet when bitcoin started another bull run.

And remember those person that really spread FUD are the same people who are buying at those dips. They want to pull back the price so that they can get in and buy at a discount. How ironic.

Beerwizzard

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That is how you can stop people from panic selling: you find that someone in the internet is affected by FUD and going to drop all of his coins -> you track his IP adress -> you come to his place with a basket full of kittens -> this person keeps playing with those small antidepressants and all FUD is passing thru him, his coins are still at his potentially weak hands. Repeat the same untill there will be no more "weak hands" or the FUD will stop. This is the only thing that you can do unless you are going to censure the medias.

Topic: Guy we must stop crypto/btc FUD :( we need to start campaigne. (Read 267 times)