Topic: Lets fight the FUD together - page 5. (Read 2334 times)

That knife cuts both ways remember and here the edge has been blunted on one side of the blade using a system of
censorship and bans on account with a loaded system of merits.

Take a look here for example for a dose of reality
https://www.rt.com/business/419901-satoshi-sued-cryptocurrency-theft/
or maybe here https://www.zerohedge.com/news/2018-02-27/self-proclaimed-bitcoin-inventor-craig-wright-sued-5-billion

Lets fight the FUD together sounds more like "Lets fight the FUD truth together" if you care to take on board
what others are saying on sites that are not dedicated to promoting Bitcoin

That's not going to be entirely possible since many people would only have to hear a headline before panicking. It would be nice if all btc holders would take the time to study their investments first but fud can spread like wildfire because people are not educated enough.

FUD is the principle reason of the bitcoin crash. As we have seen bitcoin price has hugely decreased from 20k to 10k  fud is one of those reasons so we should stop acting this way..

We can never stop fud there will always be reasons why people want to demonise bitcoin but their main motivation will be to protect their own interests in fiat.

I'm sure many well off investors would have taken the opportunity to buy in the last couple of months with a dip. The only thing that we can do is to not believe the FUD until there is serious backup to statements.

before trusting fud, we better find the right reference so as not to get trapped by that fud.because in futures will more and more fud that will informed in market.

FUD is everywhere and you can fight it by not believing it instantly. There are many eye-catching headlines that makes people readily turn their attention. FUD, as we already know is a kind of disinformation strategy to influence perception by dessiminating negative or false information to spread fear and confusion. Better to read the whole story rather than the headlines first will make things clear. If the story is dubious, verify its source.

oh yes lets fight FUD as they call bad news around here and we can start with
https://www.rt.com/business/419901-satoshi-sued-cryptocurrency-theft/


And then move on to the Lightning Network being a system of banker hubs
https://www.youtube.com/watch?v=UYHFrf5ci_g

Tell me OP was you not telling people to "Buy on the Dip" when Bitcoin was last at $18,000 because a lot of that
type of FUD was flying around here last month you know.

Hi u9y42 thanks for sharing. I was aware of the pizza news, and it's quite interesting because of the "history" and "mean" it carries. I do hope that this is comes back to us in a few years from now, just like the purchase of the other two pizzas for 10k bitcoin did.

I need to see the rest of the links carefully, but I don't quite have the time right now, so I didn't add anything to the main post yet. I did check the link with the number of nodes and channels in the Lightning Network in real time, and that was pretty cool. I will definitely add that one for sure. Thanks for sharing!

Hmm, maybe you could add a couple of these to the "positive news" category:

• Bulletproofs - https://www.reddit.com/r/Bitcoin/comments/804j7o/bulletproofs_the_latest_technique_to_improve/
• Rootstock - https://faq.rsk.co/en/main/
• check the number of nodes and channels in the Lightning Network in real time (it's currently at 883 nodes and 1482 channels) - https://lnmainnet.gaben.win/
• on the decentralized exchanges front, Bisq - https://www.reddit.com/r/Bitcoin/comments/80980a/decentralized_exchange_bisq_to_launch_their_first/
• Georgia, last I checked, was looking to follow in Arizona's footsteps and accept BTC for tax payments as well
• and last, but not least, the great Laszlo ate again! (the guy who bought the two pizzas for 10.000 BTC in 2010 recently bought two more through the LN) - https://www.reddit.com/r/Bitcoin/comments/808lfb/man_who_bought_2_pizzas_for_10000_btc_just_bought/

EDIT: ah, I see the bit about Georgia was already mentioned.

Although I didn't read the article, because you forgot to post the link, I would say that is probably a fud article or at least an attempt to keep people uninformed (at least if it's a recent one). Fees can get a lot lower of course, but it's just stupid to complain about the fees right now, because they are very low right now, specially if we compare them to where they were a few months back. We now have 7681 Unconfirmed Transactions (by the time of this post), so the pool is practically empty, meaning that fees should be low.

With segwit adoption, we will get even better, so complaining about fees doesn't make any sense right now.

Today I came across another article damning the Bitcoin fees titled "Is Bitcoin getting better, and for five year-olds?"

What ticks me off about that is we just had news earlier this week about SegWit adoption across exchanges and more and more people adding Lightning network nodes. Clearly Bitcoin is still making progress but for some reason those authors are giving up on it.

Thanks a lot for these articles. I hadn't seen them yet, and they surely look quite positive. They say that because of this, Venezuela is now the first country to recognize crypto-coins as a legal coin, but I actually thought Japan already did it, since they recognize bitcoin as legal tender. I guess those are different things.

Anyway thank you for the links as usual, they have been quite helpful and informative. I will link them to the OP.

I actually have two I would like to share. One is just a confirmation that Coinbase is finally going to integrate segwit, but now it seems that is definetely coming, since they say they are done with the tests, and it should happen in the next weeks. I also enjoyed reading that they will be committed to integrate LN as well, as soon as it's possible, because in a few months back, I heard that they wouldn't be able to do it, because of licenses.
Here is the link: https://cointelegraph.com/news/coinbases-gdax-exchange-introduces-full-segwit-support

The next one, is just a follow through. We saw recently that the Arizona state was possibly going to accept crypto as a form to pay taxes, and now Arizona state is doing the same as well. In the article they say that maybe this is not a good thing, in terms of taxes itself, but I do think it's a good think in terms of recognizing BTC as a payment method, and that is important.

Here is the link: https://cointelegraph.com/news/us-georgia-next-state-in-line-to-accept-crypto-for-taxes-licenses

Yes you are absolutely correct. I do like your explanations. It is so true that we  must also consider our own observation and our human instinct. We must not directly jump into conclusions.

Why fight the FUD? This is a great opportunity to buy bitcoin and altcoins cheaply. If people can't to distinguish  the real news from FUD, that's their problem.

Did you see the latest news?
Venezuela adopted all cryptocurrencies as legal tender:
http://www.laht.com/article.asp…
https://news.bitcoin.com/venezuela-orders-government-servi…/
https://www.btcnn.com/venezuela-go-full-crypto-coins-accep…/

@xaviervilla Thanks man, I really appreciate that. I really like bitcoin and crypto in general, and all this fud attacks were really bothering me. I'm not a "follower" and I think crypto in general deserves some critics, which are perfectly normal since it's a "live" and "evolving" technology, but seeing being hut by fake new is just wrong. Glad you are enjoying this initiative.

Please do share some news you that you consider positive, and expose some fake news, or news that you believe are having a negative impact on crypto, that is way bigger than it should.

@dado7 Thank you for your links again. I already had the one related to the Arizona State on the list, and do find the one related to the Winter Olympics quite positive as well, even though it is an isolated event. It seems crypto is having a good entry in the Olympics (also found this (article)), where a team promised to include bitcoin logos depending on how much they would get from their fund raising campaign in bitcoin.

I will not add them, just because they are "isolated" events, and I do believe that bitcoin already hit mainstream adoptions in terms of awareness, so although they are positive news, I don't think they will have a major impact on bitcoin image. Still worth mentioning though, and I enjoyed reading them, so thanks for sharing.

I found another one today, related to south Korean regulation. I had already talked about it in the "fud" list of the post, but I had no article linked to it, so I will link this one there. It seems they might "copy" the NY’s BitLicense, in order to regulate their own exchanges. Nothing final, as they will wait until the elections in the country take place, that should happen in June. Here is the (article))

FUDs are merely one of the negative factors affecting the price movement of the bitcoin. The leading cryptocurrency is becoming sensitive to any negative news against it and it can cause some drops on its price. Some fud news can also turn people into panic-selling. Another factors are the high transaction fee and the massive profit-taking during important holidays that are celebrated around the world.

Here goes another one. A double world record holder gets paid in cryptocurrency.
https://edition.cnn.com/2018/02/10/sport/crypto-speedskater-ted-jan-bloemen-winter-olympics-intl/index.html

Quote: #Canadian speed skater Ted-Jan Bloemen recently became the first athlete to be paid in virtual money when he struck a one-year sponsorship deal with ONG Social, a social network and crypto community, and CEEK VR, a developer of virtual reality experiences.#