Topic: Lets fight the FUD together - page 3. (Read 2334 times)
if only the strength that we have if united can defeat the power of the X group, we may be able to fight the FUD. But the chances are very small. Perhaps some people realize that there is a group that can regulate and control everything. Market conditions, news, speculation and so on. They are the ones who have the power to organize FUD to investors. They are the owners of companies that monopolize the world. Yes, it's just them.
I agree to this. I hope we all find comrade in one another to the point that we do not shiver when the nights are cold because we are one with this. I do not like pump and dumpers because they are only here to profit and when they are done, they leave without even bothering how those that are left are doing. They really are not concerned with the market. They are only after their own monetary affairs. I am not saying this is entirely evil because surely most of us here are all for making money, it is just that we have to have a sense of responsibility towards the market we are in. If only we really want this business to grow, we would always choose to hurdle the difficult times as well. The right attitude is for us to weather this together- through the good and bad. This is the only way we can manage to take the crypto market to dimensions.
Yes we can fight FUD let promote Bitcoin on Social Media. Let encourage people to invest on bitcoin before price will rise too much. One thing I suggest also is to introduce Bitcoin to those no knowledge about bitcoin. Event like seminars and training so that people more interested to Digital Currencies.
#Support Vanig
#Support Vanig
If we all band together and refuse to give in to the fear that comes with FUDs then they wouldn't affect the market prices so much when they come out. But since a lot of people get scared and start panic selling coins then prices start going down.
the best way to fight the FUD is the strong community, it's hard to build a strong community in business concerns. FUD spreaders always aim the beginners who have lack knowledge in this business. I think this is a reason that we need to be constructive in this forum.
I like to trade, so I do check the price regularly, and although I don't get emotional during my trades, I do get a little sad when I'm not trading and I have time to think about how the crypto markets react to fake news.
True facts:
Development
- Even though the lightning network is still in "beta", the number of LN nodes in the main net is increasing, and they have open channels running on them, with real transaction being made. (Check the number of nodes and channels in the Lightning Network in real time)
- Even if we disregard the LN (since it's still in beta), the fees are lower again, and the network is doing better (hopefully segwit will get more adoption, and exchanges like coinbase will batch their transactions, and BTC will be usable again, until LN is complete).
- Coinbase is finally making the implementation of segwit a development priority (Here)
Adoption
- Square Cash App now accepts BTC, so merchants that use it as a payment system will be able to accept BTC as payment.
- Robinhood will add BTC as well; Sberbank (on of the largest state banks in Russia) is planning on opening an exchange. So it will be easier to buy BTC
- Samsung is now making Cryptocurrency mining chips
- 50 Luxury Flats sold for Bitcoin In Dubai (Here)
Social
- A good article that gives us a glimpse on how our society could be after decentralization (Here) Thank you dado7 for sharing.
Regulation
- SEC and CFTC Hearing was positive (Here) and (Here)
- Arizona State passes a bill to allow it's citizens to pay their taxes with BTC (Here)
- Georgia follows Arizona lead (Here)
- Germany has said that they won’t tax Bitcoin users for consuming the cryptocurrency as a means of Payment (Here)
Posts with news from different areas
Check this post dado7, showing us some positive news from Venezuela from (Here)
Check this post u9y42 (Here). Bitcoin getting more private and having smart contracts? Yes please! And he also posts a cool link to check how LN nodes are evolving in the main net (very cool link). Finally, we seem to have a decentralized exchanges that will soon accept fiat. Amazing news! Thanks for sharing.
FUD:
- Tether scam (could be true, but look at tether marketcap, and look at BTC marketcap). How can anyone say that BTC price is up because tether printed tokens out of thin air to pump BTC price? It would not have a big impact...
- China cracking mining... (just rumors, and probably fake). If mining was at risk do you think Samsung would get involved in mining?
- South Korea ban... (fake news, as I hope you all know already. They will only regulate it, probably using something similar to NY’s BitLicense link here)
- India making BTC illegal... (more fake news, they just said they want to crack down illegal activities that use bitcoin and not BTC itself)
- Facebook banning adds (actually a positive thing in my opinion, because it might help decrease the number of uninformed investors that enter the market, that click on those adds looking for profit, and then get scammed. We want investors with strong knowledge about Bitcoin and crypto, because those will not follow FUD or FOMO)
Bitcoin is evolving, we have real and positive news, and we have some bad fake news, or news that simply aren't relevant.
What do the markets do? They crash...
Help me fight the FUD, and post links with some positive news that you think are important for bitcoin, and help me fight FUD, by exposing fake news.
True facts:
Development
- Even though the lightning network is still in "beta", the number of LN nodes in the main net is increasing, and they have open channels running on them, with real transaction being made. (Check the number of nodes and channels in the Lightning Network in real time)
- Even if we disregard the LN (since it's still in beta), the fees are lower again, and the network is doing better (hopefully segwit will get more adoption, and exchanges like coinbase will batch their transactions, and BTC will be usable again, until LN is complete).
- Coinbase is finally making the implementation of segwit a development priority (Here)
Adoption
- Square Cash App now accepts BTC, so merchants that use it as a payment system will be able to accept BTC as payment.
- Robinhood will add BTC as well; Sberbank (on of the largest state banks in Russia) is planning on opening an exchange. So it will be easier to buy BTC
- Samsung is now making Cryptocurrency mining chips
- 50 Luxury Flats sold for Bitcoin In Dubai (Here)
Social
- A good article that gives us a glimpse on how our society could be after decentralization (Here) Thank you dado7 for sharing.
Regulation
- SEC and CFTC Hearing was positive (Here) and (Here)
- Arizona State passes a bill to allow it's citizens to pay their taxes with BTC (Here)
- Georgia follows Arizona lead (Here)
- Germany has said that they won’t tax Bitcoin users for consuming the cryptocurrency as a means of Payment (Here)
Posts with news from different areas
Check this post dado7, showing us some positive news from Venezuela from (Here)
Check this post u9y42 (Here). Bitcoin getting more private and having smart contracts? Yes please! And he also posts a cool link to check how LN nodes are evolving in the main net (very cool link). Finally, we seem to have a decentralized exchanges that will soon accept fiat. Amazing news! Thanks for sharing.
FUD:
- Tether scam (could be true, but look at tether marketcap, and look at BTC marketcap). How can anyone say that BTC price is up because tether printed tokens out of thin air to pump BTC price? It would not have a big impact...
- China cracking mining... (just rumors, and probably fake). If mining was at risk do you think Samsung would get involved in mining?
- South Korea ban... (fake news, as I hope you all know already. They will only regulate it, probably using something similar to NY’s BitLicense link here)
- India making BTC illegal... (more fake news, they just said they want to crack down illegal activities that use bitcoin and not BTC itself)
- Facebook banning adds (actually a positive thing in my opinion, because it might help decrease the number of uninformed investors that enter the market, that click on those adds looking for profit, and then get scammed. We want investors with strong knowledge about Bitcoin and crypto, because those will not follow FUD or FOMO)
Bitcoin is evolving, we have real and positive news, and we have some bad fake news, or news that simply aren't relevant.
What do the markets do? They crash...
Help me fight the FUD, and post links with some positive news that you think are important for bitcoin, and help me fight FUD, by exposing fake news.
You cannot easily convince people about how good cryptocurrency is because most of them does not really want to use their own money to invest and there are governments who are also creating fake news and different black propaganda's in order to reduce the investors of cryptocurrency.
I agree to you and i support to your advocate to stop fud, you have a point bitcoin and whole cryptocurrency are affected of fud news including the scammers. From the start I do not believe for social midea banning to advertise the cryptocurrency because the facebook company are not giving direct notice to all user of facebook regarding the crypto ban.
FUDs are everywhere and we should not always believe in news that has no such reliable source. Thanks to the OP because he/she clearly stated that these current news are not really real and we should support this kind of vibes which can give big impact to the btc community.
But more people should be able to discover that for themselves, it feels like the fud really dictates the price.
The fud that spread around this community must be erased. Thank you for your thread.
There are many good news too beside the fud. The good news must be spread as well because it will ensure the crypto holders in this community.
There are many good news too beside the fud. The good news must be spread as well because it will ensure the crypto holders in this community.
There are many guys here, who just start their way on the market of the cryptocurrency. FUD can confuse them and let them doing wring steps, mistakes.
Are you still fighting mate?
This news is very interesting, it says something about the opinion of traditional investors: https://www.ccn.com/bubble-or-not-billionaire-george-soros-is-about-to-start-trading-cryptocurrencies/.
I don't know if you know who Soros is. He is one of the wealthiest men in the world, always connected to banking speculations, speculated to be a member of a secret clan actually governing the world etc. etc. Whatever people think he is, he is an important investor and many do follow his actions.
This news is very interesting, it says something about the opinion of traditional investors: https://www.ccn.com/bubble-or-not-billionaire-george-soros-is-about-to-start-trading-cryptocurrencies/.
I don't know if you know who Soros is. He is one of the wealthiest men in the world, always connected to banking speculations, speculated to be a member of a secret clan actually governing the world etc. etc. Whatever people think he is, he is an important investor and many do follow his actions.
Unfortunately I haven't found many news to report in these last days. My main attention remains on lightning network development, and although I think it's safe to say that the LN has left it's "alpha phase" and is now on "beta phase", it will still take a while for the average users to be able to run a node, or use it for common payments.
I found an interesting article regarding the LN, so I decided to share it here.
https://www.coindesk.com/bitcoins-lightning-network-is-live-but-can-it-keep-from-going-corporate/
Along with the lines of the article I found this interesting statement:
This is not the main "theme", and I advise you to read everything, but I found this statement quite positive, because as an average user, I would really like to start "playing" with the LN.
If you guys find anything new, please share it here.
I found an interesting article regarding the LN, so I decided to share it here.
https://www.coindesk.com/bitcoins-lightning-network-is-live-but-can-it-keep-from-going-corporate/
Along with the lines of the article I found this interesting statement:
Quote
Lightning developer Jack Mallers, who created the free Zap Lightning wallet on top of Lightning Labs' lnd software, will soon release consumer applications for both mobile and desktop. Those interfaces will make it even easier for average people to use Lightning without relying on corporate channels.
This is not the main "theme", and I advise you to read everything, but I found this statement quite positive, because as an average user, I would really like to start "playing" with the LN.
If you guys find anything new, please share it here.
The fud that spread around this community must be erased. Thank you for your thread.
There are many good news too beside the fud. The good news must be spread as well because it will ensure the crypto holders in this community.
There are many good news too beside the fud. The good news must be spread as well because it will ensure the crypto holders in this community.
I agree to you and i support to your advocate to stop fud, you have a point bitcoin and whole cryptocurrency are affected of fud news including the scammers. From the start I do not believe for social midea banning to advertise the cryptocurrency because the facebook company are not giving direct notice to all user of facebook regarding the crypto ban.
FUDs are everywhere and we should not always believe in news that has no such reliable source. Thanks to the OP because he/she clearly stated that these current news are not really real and we should support this kind of vibes which can give big impact to the btc community.
From the start I do not believe for social midea banning to advertise the cryptocurrency because the facebook company are not giving direct notice to all user of facebook regarding the crypto ban.
Well the thing about the ban on add by facebook, and rumors about the same thing but done by google or twitter, is that either they are true or not, they shouldn't matter. Even assuming that those news are true, how would they even affect bitcoin? ICOs run those adds, so on worst case scenario they should affect ICOs directly, and ethereum as a side effect, but never bitcoin.
People are like zombies, when you are trying to explain them that the news is upside down and in fact everything is fine, they say how do you know I've read the expert in local news;)
I couldn't agree more. Some people just blindly accept news, and the perspective given by the author or the so called "expert". I keep giving the adds ban as an example, because I think is a quite obvious one. Someone said that was a bad thing, people saw the price down, and instead of thinking for themselves most of them said: "This is a bad thing, let's sell, bitcoin is lost..." And that's really sad.
People are like zombies, when you are trying to explain them that the news is upside down and in fact everything is fine, they say how do you know I've read the expert in local news;)
About Sberbank, they already trading BTC through Etoro platform(as I understood this is affiliated Sberbank platform, they were highly advertised by Sberbank at the beginning). Also, there was an article in Russian mass media that the shortage of video cards is connected with the mass purchase of them by Sberbank. And this was approved by SB PR department. They said that this is for tests)
About Sberbank, they already trading BTC through Etoro platform(as I understood this is affiliated Sberbank platform, they were highly advertised by Sberbank at the beginning). Also, there was an article in Russian mass media that the shortage of video cards is connected with the mass purchase of them by Sberbank. And this was approved by SB PR department. They said that this is for tests)
I agree to you and i support to your advocate to stop fud, you have a point bitcoin and whole cryptocurrency are affected of fud news including the scammers. From the start I do not believe for social midea banning to advertise the cryptocurrency because the facebook company are not giving direct notice to all user of facebook regarding the crypto ban.
Thanks a lot for sharing. They are not huge, but news related to adoption are always very important since we want to move away from the speculative area as soon as possible, and stick to the usability area. This is what will legitimize bitcoin in the future.
I have a new one as well, that comes in great timing specially because of the recent FUD related to Twitter rumors, of crypto adds ban, following Facebook initiative. First I would like to say one more time that even if the rumors are true, they should have no implication on bitcoin, because BTC does not need adds, as it already hit mainstream awareness. So if the sells are related to those news, it's just an irrational move.
Here is what I wanted to share with you:
https://cointelegraph.com/news/twitter-ceo-says-bitcoin-will-become-worlds-single-currency-within-a-decad
A positive view on Bitcoin's future, from Twitter and Square CEO, saying that BTC should "become world’s 'single currency' within a decade". It also mentions the release of the "Bitcoin ready" LN implementation on mainnet, by Lightning Labs.
Great news as usual for the long term holders.
I have a new one as well, that comes in great timing specially because of the recent FUD related to Twitter rumors, of crypto adds ban, following Facebook initiative. First I would like to say one more time that even if the rumors are true, they should have no implication on bitcoin, because BTC does not need adds, as it already hit mainstream awareness. So if the sells are related to those news, it's just an irrational move.
Here is what I wanted to share with you:
https://cointelegraph.com/news/twitter-ceo-says-bitcoin-will-become-worlds-single-currency-within-a-decad
A positive view on Bitcoin's future, from Twitter and Square CEO, saying that BTC should "become world’s 'single currency' within a decade". It also mentions the release of the "Bitcoin ready" LN implementation on mainnet, by Lightning Labs.
Great news as usual for the long term holders.
I have been following this thread for a while, and I really appreciate what everyone is doing here. Most of the important things have been reported already, but since the price is dropping again, I decided to contribute with my 2cents. I know that threads like this, or any other kind of good news that are not huge, won't do much for the price itself because I strongly believe that the price is being manipulated right now, and some guys with a huge amount of coins (like Mt. Gox, or similar cases, either Roger ver, or apprehended coins, I don't really know, but you guys are getting the idea), are using fud news to sell their coins and drive the price down.
For instance we heard that google is probably going to ban crypto adds, just like facebook did. Will this make any difference for BTC? Of course not, but those guys start selling after these news that have the potencial to be seen as bad, and manage to drive the price down a bit (5% is enough). People start making associations and start panic selling, and we see crashes like this (most of those whales will probably buy back at a better price, and repeat...).
Anyway I do believe that reporting good news will help those that believe in BTC to remain calm, and hold when the market gets crazy like this. If we think about, bitcoin is in better shape than it was before, so the price will have to go up again eventually. Revolutions like BTC can't really be stopped. We had similar crashes in the past, and we bounce back to new ATH, after a prolonged bear market.
Enough "babbling", here is my contribution. Nothing special, but shows signs of potencial adoption.
https://www.coindesk.com/playboy-tv-to-accept-crypto-payments-for-exclusive-adult-content/
https://cointelegraph.com/news/japanese-electric-company-tests-bitcoin-lightning-network-payments-for-car-charging
For instance we heard that google is probably going to ban crypto adds, just like facebook did. Will this make any difference for BTC? Of course not, but those guys start selling after these news that have the potencial to be seen as bad, and manage to drive the price down a bit (5% is enough). People start making associations and start panic selling, and we see crashes like this (most of those whales will probably buy back at a better price, and repeat...).
Anyway I do believe that reporting good news will help those that believe in BTC to remain calm, and hold when the market gets crazy like this. If we think about, bitcoin is in better shape than it was before, so the price will have to go up again eventually. Revolutions like BTC can't really be stopped. We had similar crashes in the past, and we bounce back to new ATH, after a prolonged bear market.
Enough "babbling", here is my contribution. Nothing special, but shows signs of potencial adoption.
https://www.coindesk.com/playboy-tv-to-accept-crypto-payments-for-exclusive-adult-content/
https://cointelegraph.com/news/japanese-electric-company-tests-bitcoin-lightning-network-payments-for-car-charging
Hey guys, thank you for the support. I'm glad this thread is being useful to some, and thanks a lot for the contribution, let's keep those news coming.
Bitcoin is being put to test again, and we are facing a few more dumps, but the fundamentals remain the same, and this article provided by Betwrong really touches the spot in my opinion.
Here is the article:
https://www.cnbc.com/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
Thanks fr sharing, it has been a nice read. Glad to see him mentioning a lot of things that we already mentioned in this thread, one of those things was the Rootstock project, that was recently mentioned here by u9y42 (link here: Rootstock - https://faq.rsk.co/en/main/).
Let's keep the fight guys.
Bitcoin is being put to test again, and we are facing a few more dumps, but the fundamentals remain the same, and this article provided by Betwrong really touches the spot in my opinion.
Here is the article:
https://www.cnbc.com/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html
Thanks fr sharing, it has been a nice read. Glad to see him mentioning a lot of things that we already mentioned in this thread, one of those things was the Rootstock project, that was recently mentioned here by u9y42 (link here: Rootstock - https://faq.rsk.co/en/main/).
Let's keep the fight guys.
there are many fuds indeed in this forum.
i really support your thread to be read by everyone in this forum, even investors.
so they cannot affect by the fud spreaded around our community.
i really support your thread to be read by everyone in this forum, even investors.
so they cannot affect by the fud spreaded around our community.
Jump to: