Topic: Lets fight the FUD together - page 4. (Read 2273 times)

This thread is a good read. Positivity will help us in maintaining our strategy in achieving our goals. FUDs and negativities about bitcoin is here to stay and there will always be uncertain times where your emotions will be tested. Always expect the unexpected in crypto world and make sure you have a decision planned on whatever happens.

Thank you for creating this thread and for the nice positive info in the OP.

Below is my contribution, the aticle Five reasons 2018 could be the best year yet for cryptocurrencies by the same guy who predicted Bitcoin would drop as low as $5,000, when the price was around $17k in the end of 2017. What is even more interesting is that the article comes from a non-bitcoin friendly news agency like CNBC:

https://www.cnbc.com/2018/02/23/bitcoin-ethereum-other-cryptocurrency-five-positive-factors-for-2018.html

Hello dado7, as usual thanks for sharing. It's always good to read the links you provide for this thread. I actually enjoyed reading the first link, and I think it's quite substantial for the blockchain technology itself, and that always relates to bitcoin in my opinion. If the blockchain is good because of the way it stores data (providing trust to that same data being stored), then it makes perfect sense that bitcoin will have a future in our world. The article doesn't go there, I think people will eventually realize that.

As for the second link, I still think that regulation is quite important, so any steps made in order to legitimize bitcoin in the eyes of the world, are very welcome and quite important in my opinion.

Thanks for sharing.

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I will share another one, related to binance. A lot of people reacted to the fear of a hack, but everything is operational now, so I think it's worth sharing.

https://cointelegraph.com/news/binance-reverses-irregular-trades-resumes-trading-amidst-community-confusion-about-hack

These seem interesting:
https://www.ccn.com/alibaba-subsidiary-reports-successful-use-blockchain-technology-logistics-data/
(since that is Alibaba after all, and Bitcoin is really striving to get the support from traders like Amazon, Alibaba, Steem and others first, I think that news are actually substantial);

and
https://www.ccn.com/mexicos-congress-approves-cryptocurrency-crowdfunding-regulations/.

You could try following this Telegram group for news:
https://t.me/ccncom

And the interesting thing is, for spreading this FUD material, we being the users of bitcoins are outlives involved in this. If I listen any news about bitcoins that can harm the notion of bitcoins, better is to keep that with me and not to share it on social media or any blog. But unfortunately we are creating this FUD and then we are ultimate sources for sharing it with others. Don’t just bother such fake news.
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Well by doing that you are only not contributing for the fud to spread, which is a good thing, since many others try to spread ti for profit, but it's still not enough to actually try to decrease it's effects. I know what I'm doing is not enough, but maybe it will help, since there are new users coming to the forum in order to use it to gain some knowledge about crypto. So if they tumble a thread like this, or any similar threads, maybe they knowledge will increase and they will help to spread the word in a positive manner. I think not spreading the fud is good, but it's not enough.

That is one reason why bitcoin has crashed this past few weeks but the main reason is the spreading of FUDs across the internet. In January, how many FUDs did spread? Around 3-4 or more and that is good enough to make the price of bitcoin crash. Now that the fees of bitcoin in transaction is way low compare to its fees this past few weeks, maybe we can see an slow increase with the price of bitcoin and maybe reaching a new ATH in the next months.

I've seen the Germany related news but didn't had the time to update the list yet, but I definitely agree that those are excellent news. They surprised me a bit, because I had the impression that they didn't like crypto very much, but this measure is a good step towards regulation and it helps BTC a lot in my opinion. Hopefully others will follow, and the US will come closer to this approach.

As for Switzerland, it doesn't surprise since they have already shown us in the past that they support blockchain and crypto, and see the potencial in it, which is great.

Thanks for sharing, I will update the list.

Also, if you checked the list recently, it wasn't updated and you might have missed this post from u9y42, that is full of great news.
It's already in the list now, but you can check it (Here).

Germany disallowed taxing Bitcoin purchases:
https://coinpedia.org/news/germanys-says-not-tax-bitcoin-purchases/

And another, not very surprising (but even more so very much proving our point), news:
http://www.coindaily.co/2018/03/01/switzerland-wants-to-be-the-crypto-nation/

Bad perception on Bitcoin fees is just an example of fud where the idea we established aboit Bitcoin is bad when it comes to fees but in reality it is just a usual form in transaction where it could also help Bitcoin system in terms of transaction and investment.

Great thread, I will keep a close eye on this one. Bitcoin seems to be doing better now as the recent FUD stopped for a while, but we all know how things can change in the blink of an eye. Most if the investors in this market don't have a solid financial background, and are the so called retail investors. Without good knowledge and without knowing how to manage their emotions, it's perfectly normal to see these price changes based on every piece of news that we get, either their are true or false. It's a highly speculative market, and since the price drop significantly, people are very nervous now.

Anyway here is my contribution https://cointelegraph.com/news/liechtensteins-bank-frick-introduces-direct-cryptocurrency-investment-and-cold-storage

It's nothing special, but this will help institutional investors to come to crypto markets, and we actually need them, so that bitcoin gets more stable, while we wait for LN and mass adoption.

Thanks for submitting those articles. I do believe bitcoin will continue having a huge impact in undeveloped countries, or countries facing financial crises, and it will also provide a great service for the unbanked. So news like the one about bitcoin adoption if Africa doesn't surprise me.

I was actually surprised after reading the article stating that bitcoin is actually faster than credit cards. It actually makes perfect sense all that was written then, and although it might not change much in a practical way, it does provide a more fair comparison between bitcoin and credit cards. So people should actually try to compare LN to credit cards, and if we do that, there is no discussion on what system is better and faster (even in a practical sense).

Thanks for sharing.

Thanks for posting i will keep this thread in my drafts . Then i will show to people who is telling against crypto and bitcoin . Its really makes lots of sense . I am not at all following Fud even i wont . Because being in crypto trading and other traditional trading every where i seen massive market manipulation.

the problem is you can never fight FUD. the effort needed to debunk a well crafter FUD is a lot more than people can afford to put in. you will end up spending all your time all day long fighting the FUD and then a new one comes along.
instead I think a better approach is to help people learn that the social media is filled with FUD and they should not take what they read on it for granted with their eyes closed. everyone needs to start learning how to debunk an FUD themselves.

I see some people complaining about high fees, care to explain this : https://unblock.net/bitcoin-adoption-soars-africa-wake-increasingly-volatile-fiat-currencies/

We are even faster than SWIFT, Credit cards and Western Union - https://crypto.bi/tape/blog/ccs-swift/

Do you know that your cup of Coffee will be Tax Free in Germany? - https://www.coindesk.com/germany-considers-crypto-legal-equivalent-to-fiat-for-tax-purposes/

Funny thing is, SegWit adoption is only at between 30% to 40% at the moment and we are already flying! Weeeeeeeeee. 

FUD is all over the place and you can battle it by not trusting it right away. There are numerous eye-getting features that makes individuals promptly turn their consideration. FUD, as we definitely know is a sort of disinformation methodology to impact observation by scattering negative or false data to spread dread and disarray. Better to peruse the entire story as opposed to the features first will make things clear. On the off chance that the story is questionable, check its source.

I agree. There is enough fud coming from the media and corporations as it is.

You cannot control FUD thing it is part of crypto industry to take advantage of weak ones and newbies. Accept the fact that only giant investors can control the market

Thanks for spamming the same information 3 times on the same day. I don't really see how that piece of information affects bitcoin in any way.
Craig Wright is not a bitcoin supporter for a long time. He is known in the community as the "fake Satoshi", and I guess that says a lot about him. Also, we all know he wanted to go for the segwit2x, so like I said, he parted ways with bitcoin a long time ago, and just follows his own personal interests.


For this I suggest you to see this videos from Andreas. For me it makes much more sense what he is saying, but maybe you think differently. You have the right to your opinion of course.
https://www.youtube.com/watch?v=c4TjfaLgzj4


I don't really recall saying that, and it doesn't really seem like something I would say, because I don't follow FOMO either. I gather information, and I make my own decisions. I believe in bitcoin potencial, and I buy more every time I can. I don't usually tell people to buy it based on price, because I don't want soft hands on the market. I tell people to learn it's fundamentals, and then decide what they want to do. That's how investment should be done.

As for "FUD = truth" like you said... well you have the right to your opinion. A lot of the news presented in this thread, on the FUD section are just plain fake. Others don't influence bitcoin in my opinion. People can read it and think for themselves. That's all I want.

Thanks for sharing your links.