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Topic: stop listening to false news - page 46. (Read 3568 times)

full member
Activity: 378
Merit: 100
February 16, 2018, 03:25:45 AM
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"Huh
"China will jail anyone who trades crypto"Huh
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"Huh??


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.  


I know that some of the companies like banks does really want the news that cryptocurrency is crashing because in this way they can reduce the investors of bitcoins. Some of the news are just propaganda created by the companies who are being affected of the growth of cryptocurrency.
member
Activity: 406
Merit: 10
February 16, 2018, 03:16:00 AM
I do not really mind were the new is coming from this time,i don,t really care what they say again i have consider all this news as enemy of progress that all don,t to see the bitcoin growing,they just need the down fall of bitcoin.Am no longer at a panic state when i see such news.
sr. member
Activity: 1914
Merit: 328
February 16, 2018, 03:05:18 AM
issues like in China about Cryptocurrency, Bitcoin or the like. I consider only as a diversion. It may be that China wants to see how much public interest there or outside China responds to such things. When all the observers and lovers Crypto come in to discuss the problem, at that time also the Chinese government is thinking of something big that will be taken.

This is just my analysis!  Cheesy
Yeah newbies pay more attention the rumors and in result they sell out their coins and create a dump situation and whole community starts to suffer so please don’t listen to the rumors and false statements mates they are just spread to defame the popularity of bitcoin and sometime they spammers got success in their agendas because people listen to them and sell their coin and left bitcoin community kindly learn first and then invest into bitcoin, bitcoin totally work on the 80-20 analysis and 20 percent need to learn.
member
Activity: 140
Merit: 10
February 16, 2018, 02:49:06 AM
you know, I read recently that the 100 biggest bitcoins of wallets became even more expensive and even more expensive during the market fall. Think, how it happened? And everything will become clear
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
February 16, 2018, 02:24:38 AM
i guess at this phase all the FUD effect is gone now.  Most of those who never research believe the fake news sadly there are majority of them.  We can see the result on the bitcoin crash in the previous days.  But now seems people had seen that this news is fake and bitcoin is going bullish.  Probably whales already accumulated and they wanted to get profit now so they are now releasing hype towards bitcoin.
full member
Activity: 1110
Merit: 104
February 16, 2018, 02:23:18 AM
Yes, as many of the oblique news to bitcoin is one of the tricks of the big money holders to drop the lower bitcoin prices. at a time when bitcoin is at a low price it's their chance to buy it at a cheap price, and earn a big profit when bitcoin goes back up to a high price.
full member
Activity: 224
Merit: 101
February 16, 2018, 02:19:35 AM
Where is my smerit when I need them? Though I am really one of the group that is believing that China or the misunderstanding on the Indian speech. I just hope this clear things up since a lot of people are believing that China and other things that happened is the reason why the price are going down.
legendary
Activity: 2282
Merit: 3014
February 16, 2018, 02:12:59 AM
Very nice write up and sentiment by the newbie here!  This is absolutely dead on as well as an important topic.  I'm not so much on board with the creator of "fake news" so he says..but "fake news" does most certainly apply in the world of crypto-coins.  One thing we must remember is that the news outlets are doing everything they can to grab your attention whether that's by making a misleading headline or printing a bunch of FUD.

Look deep in to the technology.  Study and learn from great bitcoin minds like Andreas Antonopoulos.  You can find his youtube channel here (which he's always posting new and important content).   https://www.youtube.com/user/aantonop
jr. member
Activity: 266
Merit: 1
February 16, 2018, 02:09:08 AM
This fake news propogate by some people who want to crush Bitcoin just to buy it in smaller price.
Yes lately a lot of fake news have surface which are obviously targeting to bring down bitcoin. It is easy for us bitcoin users to identify which is fake and which is credible news about bitcoin but it may be hard for others to do as well. I think we should do our part as well to share information to all the people we know not to believe any news they here about bitcoin directly.
jr. member
Activity: 211
Merit: 1
February 16, 2018, 02:01:51 AM
#99
Yes. Including what Roger Ver is saying. I don't have anything against Bitcoin Cash but the way they promote BCH is annoying. At the end, fake news will be bubbles.
full member
Activity: 339
Merit: 102
February 16, 2018, 01:44:58 AM
#98
Thats true. For example the day before yesterday during technical malfunctions on the binance came out the news that the developers deceived investors. with binance all ok. This news is, as always, to collapse the course.
You are absolutely right. Bitcoins are the best currency and it has been a dilemma of our society that whatever thing is making a difference, people started hating it. And thus some notorious propagandas have been associated with such delightful elements so that it can be demoralized in eyes of general population. So is happening with bitcoins right now but we mustn’t listen such fake news.
full member
Activity: 476
Merit: 100
February 13, 2018, 04:01:45 AM
#97
I agree with op this fake news is a pain to make Crypto Market Down, they have fake news and making its price fall so they can buy more bitcoin, so be careful and stop listening other
copper member
Activity: 1050
Merit: 294
February 11, 2018, 12:04:21 PM
#96
This post was much needed to shut the mouth of dumb asses who are polluting the forum by spreading FUD across the forum.
They don't know even a bit of cryptos and just spreading FUD, bitcoin is not under any supervision or in control of country, state or company and that's why it cannot be affected by imposing bans in a specific country or state unless manipulation is done on a large scale.
People were using bitcoin and other cryptos and will always going to use them even if they need to go through any diversion or to take any alternate path.
sr. member
Activity: 770
Merit: 254
February 11, 2018, 12:03:39 PM
#95
That is what I have been saying all this time!
Stop listening fake news created only to spread FUD and start using your brain once in your life!
And yet, today i have read one topic saying "china is banning crypto" and one user posted "USA and Russia too"  Roll Eyes
OP if I had any merit left I would have sent you all  Cheesy
newbie
Activity: 36
Merit: 0
February 11, 2018, 12:01:56 PM
#94
My biggest problem at the beginning of my career is a large amount of false information. And then I could not understand where the truth and a lie. But over time this passed.

Yeah, one has to look past all the biased bountyhunter and FUD- comments.
full member
Activity: 532
Merit: 106
February 11, 2018, 11:56:56 AM
#93
Many people actually make false news to panic those who do not know cryptic people. And yes you've done so many times already and have no effect on the price of bitcoins. It just drops a week and it goes back to the previous price. So do not believe in such news because bitcoin stays steady! This is the money of the future!
full member
Activity: 274
Merit: 100
February 11, 2018, 11:53:43 AM
#92
Yes,we should not listen to false news.False news always drop us in hesitation as a result sometimes we missed real thing.So when we hear a news,first we should judge the news then follow the rules.If we do this then we will not fall in any hesitation.
member
Activity: 364
Merit: 10
February 11, 2018, 11:43:17 AM
#91
My biggest problem at the beginning of my career is a large amount of false information. And then I could not understand where the truth and a lie. But over time this passed.
member
Activity: 378
Merit: 10
February 11, 2018, 11:15:21 AM
#90
If you decide to invest in bitcoin, you need to study very carefully the sources of information that you use, because not all of them are competent. Be careful.
newbie
Activity: 98
Merit: 0
February 11, 2018, 11:07:32 AM
#89
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"Huh
"China will jail anyone who trades crypto"Huh
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"Huh??


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.  

I think you're right. There are often false messages about bitcoin. People can't tell the difference between true and false, they will panic when they see bad news and lose a lot of money. Those who spread false news are so abominable.
You need to calm down and identify the accuracy of the message.
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