Topic: stop listening to false news - page 4. (Read 3568 times)
Not very good and high-quality news about the crypto currency when the price falls or grows mad, it's thanks to the infusion of some kind of news, and then it turns out that this is a dummy
Yes, I agree to that. False news make people panic. If they burst out that false news for example; bitcoin will be ban all over the world, by this many people will sell their bitcoin.
So, it will result to decrease of the price of bitcoin. Then some who made that false will take advantage on it
So, it will result to decrease of the price of bitcoin. Then some who made that false will take advantage on it
So not only do I read the news channels, but I also try to communicate with other, more advanced than I am investors, traders and economists. It helps me keep up to date with the real news.
Often news are rigged to someone's benefit, and that applies not only to crypto-currencies. Therefore, it is important to compare information in different sources.
I have several verified sources, and I trust only the information I have heard there. This rule helps me keep up to date with the most accurate news for a long time.
And it's not just this.
The false news only manages to cause alerts in the world of cryptocurrencies. Many of these are false and just want to stop investing, give a bad reputation to this business and that is a point against.
The false news only manages to cause alerts in the world of cryptocurrencies. Many of these are false and just want to stop investing, give a bad reputation to this business and that is a point against.
The current "crash" is caused by one bad "news" after another. A lot of them are the false or twisted truth.
For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??
Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
If you are in this kind of business like bitcoin above all you must trust your self. And don't be easily be carried away by those hearsay's surrounding internet. For example, today, once again "China Full ban crypto". What the... Why is it causing another crash?? Why is it even "news"?
It was already banned in China back in September 2017. All trading platforms suspended trading in September. Anyone from China who still trade Crypto must be using foreign platforms. Sure, they reported that China added all crypto exchange sites to Great FireWall. So what? These people have VPNs! When I was in China, everyone who visits foreign sites use VPNs. Yes, China banned VPN as well a long time ago. So what? Everyone is still using it. Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth! Just because it is "illegal", does not mean no one will do it.
So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times). Do not fall for it!
1. Summer 2017, China banned ICO.
2. September 2017, China banned crypto trading.
3. November or December? China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4. January 2018. China banned websites of foreign crypto exchanges. (VPN!!!)
5. Today, "China Full Ban Crypto"... (Really?)
So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"
??Stop spreading this nonsense. What's done was already done in September 2017. Nothing has changed ever since. NOTHING really changed in the last 4~5 months.
Yellow journalism at its best.
Same goes for Korean and Indian news. South Korea did not really ban crypto. Just one guy wanted to ban it. It was not approved, nor implemented. So far they have only added regulations that people can no longer trade anonymously. So what? Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?
India also did not ban crypto. Just a minister made some unfriendly speech toward crypto. No real "ban" whatsoever.
From the look of it, someone or some groups are trying hard to make the prices go down. The sad thing is, people are falling for it. The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened. Korean news was used on at least 2 occasions.
The bottom line is, let's just ignore all the stupid "news". Use our brains. Not hearsay from yellow journalism. It is getting annoying to have every little "news" to impact the market price.
It is so difficult to force people to join or even to trust bitcoins. So, we have to expect that there are people who can't do it is happy. For this purpose we need to stop listening to false news and any other absurd information.
I think it's probably a tactic
to play the market price
some groups are making fake news, in the clay of most sellers and buyers bitcoin is easy to panic
this is where they make an issue to lower the price by making a stirring news
so they can buy at a price they think is good
and make good news again to raise prices so they can sell at a high price
exploit the nature of people who panic easily with a news
to play the market price
some groups are making fake news, in the clay of most sellers and buyers bitcoin is easy to panic
this is where they make an issue to lower the price by making a stirring news
so they can buy at a price they think is good
and make good news again to raise prices so they can sell at a high price
exploit the nature of people who panic easily with a news
This fake news propogate by some people who want to crush Bitcoin just to buy it in smaller price.
It's unfortunate, there're may people in that category, especially some Wall Street guys, who cannot fathom why such a financial phenomenon have had to take off without them. It's the helpless situation they found themselves around Bitcoin that have snowballed into blackmail attempts, which every Bitcoin enthusiast should have known by now and become the wiser. The people behind these bad news have just one aim, which is to rip off as much Bitcoin from gullible early adopters before the moon landing, which they themselves believe strongly.
Therefore, I always recommend checking the information in various sources, preferably verified. False news is a big problem in any sphere, especially in the cryptocurrency sphere.
That is right we should not be one sided, we should know the truth as it is easy to say false news especially that bitcoin has a lot of enemies even big whales for you to sell your bitcoin or other coins so they can buy it at low price, that is their strategy to buy at low price remember?
Therefore, I always recommend checking the information in various sources, preferably verified. False news is a big problem in any sphere, especially in the cryptocurrency sphere.
I agree that too much false information is being made around bitcoins. This information is confusing and creates negative public opinion around this area, but people should not be easy to believe with fake news find out clearly. Choose the right news.
All news needs to be filtered. You should always check everything. You can not trust everything. And the prohibitions, they can also be circumvented, there are ways.
Bad news has adversely affected Bitcoin’s market value. Once spreading the news about China that has banned Bitcoin and that news is repeating for two years is just foolishness and mess up. We should introduce and lead the Bitcoin on every platform to aware people not to be panic about Bitcoin. It is a very genuine and unique system then how can we see it destroying by bad news from whales.
All news needs to be filtered. You should always check everything. You can not trust everything. And the prohibitions, they can also be circumvented, there are ways.
Bad news has adversely affected Bitcoin’s market value. Once spreading the news about China that has banned Bitcoin and that news is repeating for two years is just foolishness and mess up. We should introduce and lead the Bitcoin on every platform to aware people not to be panic about Bitcoin. It is a very genuine and unique system then how can we see it destroying by bad news from whales.
There are too many empty cheap news circulating, and almost some people believe and get stuck because of false news, of course this thread becomes important so that you become more selective in choosing the news you read and reliable sources of course.
Yes, fuds cause investors to sell their assets even on low price so that the ones spreading the fake news gain.. Weak hands losses more on trading if you cant handle your emotion then you are not a risk taker at all.. Ive been investing on btc for awhile and one more thing i have learn to not carried away on news you just read rather hold for what you believe..
This fake news propogate by some people who want to crush Bitcoin just to buy it in smaller price.
Yes, I agree. Fake news gives other bitcoin users a negative thinking that result to do panic selling. And fake news makes non bitcoin users to believe that bitcoin is a scam. Trust and believe in bitcoin. Just don't listen to fake news. Explore and see the bright side of bitcoin.
Yes we must stop listening fake news because it gives us negative thoughts and we can lose our courage to continue our journey in bitcoin, we must always think positive in every news on what we heard and always trust the management of bitcoin that they can handle all those negative thoughts about bitcoin.
Most of these fake and fud news are just repeated over and over again by non crypto believers, groups that are against decentralization and maybe some whales that wanted to shake the market heavily so they can buy more cheap.
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