Topic: stop listening to false news - page 49. (Read 3568 times)
But do we realize that every Grave vine has both positive and negative impact on the economy? If there are no such FUDs at times, Bitcoins might not surpasses where it use to be. But when those false rumor comes to play, everybody will actually wants to see for theirselves which however metemorphosed into taking the Bitcoin high again after those rumor are being discovered to be untrue. I'm not saying false news are good, but we are the one that can actually be proving those fallacies as being nonsensical to however promote the Bitcoin more .
the fake news comes from people who do not like bitcoin.
I do not doubt that the Chinese government is looking for solutions to eliminate bitcoin
Everyone have worried about when they heard negative news about bitcoin form the unknow source of the bitcoin information, adn it make them will be more worried what have they do when the bitcoin be in the cheap price, so they choose the bad action where they sell all of their bitcoin without search great news and good information about bitcoin before they are looking for what the right information about bitcoin, form the right now, we have ask the another bitcoin member about the news of bitcoin.
Whether it be big corporations or just your mate Steve from work, someone will always be spreading FUD around crypto because they want it to fail for one reason or another. It's our duty to ourselves to always ensure we act with a calm mind and that we read all information ourselves instead of just eating what we are fed. Don't be a sheep.
yes you are right fake info is only used to make the price down and I'm sure it's just a drama that the government wants to buy bitcoin at a low price because the market may be too saturated so take advantage of that info to buy as much bitcoin as you can.
Fake news are made to shake those who have weak hands. People panic whenever there's bad news about cryptocurrency. The main purpose for FUD is to make the crypto price low, so that big time investors such as: China or Korea, to buy crypto at cheap price. So, don't take part of the chain reaction panic selling during bad news announcement.
Most of the time this week people you are talking about is newbies and dont understand cryptocurrency at all. All they want is to grow their money by investing it into an cryptocurrency not knowing the risk and downside of this type of investment. I believe that this kind of people does not have faith in cryptocurrency specially bitcoin and the main reason why bitcoin is volatile despite of huge market.
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.
We are living in the world of internet where information spreads very fast and sometimes they are right and sometimes not.In this crypto market fake news can crush prices and price manipulation is done by the people so they can buy at lower prices and make huge profits after that because they took advantage of people getting panic but we need to control our emotions and check the news first.
Thanks for the information. I too.. am actually confused about how twisted the story of chinese and cryptocurrency industry can be. It's almost as if China controls the prices of btc and other alt coins right? People seem to propagate these so called nonsense to make people believe that btc is not yet over, its just because of one country. Which I kinda understand for the reason that I believe in potential of cryptos and that is never over. However I also agree with you that we should not spread lies and fake news, but instead embrace truth and help each other out for the future of cryptocurrency
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.
Yes, a group of people who want to use a very low price to buy bitcoin, deliberately spread false bad news about the bitcoin, 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.
people panic selling COINS, caused the price of the bitcoin to fall, they can buy with very low price
When we hear bad news, don't panic, we need to check the truth of the message.
Well I do think that the media is being paid to twist those words... By the big business men and authorities.
It's really something that's been pushing the value of Bitcoins lowest then ever.
This thing applies to people who are new in this crypto world because the old peeps are really very stern on keeping cryptos thus they don't mind.
Also Bitcoin's been dead 175 times this low is something that's normal .. soon we will go up.
Let's wait.
It's really something that's been pushing the value of Bitcoins lowest then ever.
This thing applies to people who are new in this crypto world because the old peeps are really very stern on keeping cryptos thus they don't mind.
Also Bitcoin's been dead 175 times this low is something that's normal .. soon we will go up.
Let's wait.
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!
This is just my analysis!
Fake news are made to shake those who have weak hands. People panic whenever there's bad news about cryptocurrency. The main purpose for FUD is to make the crypto price low, so that big time investors such as: China or Korea, to buy crypto at cheap price. So, don't take part of the chain reaction panic selling during bad news announcement.
Despite you are newbie, you post a quality thread here, thankyou.
Yes it is, the FUD is spread around our community to crush down the bitcoin and crypto market price,
so they can buy it at the lower price for their own profit later.
Yes it is, the FUD is spread around our community to crush down the bitcoin and crypto market price,
so they can buy it at the lower price for their own profit later.
You are right all these false news should never be believed they tend or try to make us sell at a lower price so that they can buy it , i hope everyone realizes that these news should be ignored and we should simply wait until market comes back to 10000$
The negative indeed came all at once, so it was spread deliberately, in order to create a price drop. This can only come from financial institutions or whales who want to cash out and then buy again for the lower price. Also, people read very bad, they just read the headlines in stead of the whole article.
True, I never trust news posted in facebook or even on twitter. I believed in digital currency and i believed bitcoin will be the future money. Specially ose project using digital currency i trust them. I always hodl my coins even the price drop.
#datarius
#datarius
seems like china bans bitcoin every year, but in general, the price of bitcoin is alway going up, so do not be panic
We can say that there are some people whose planned this distribution of news to crush crypto or making profit with the use of this strategy.
It's not just some people that we are talking about, but financial institutions and governments themselves being one of the main powers behind these fud attacks. It's a high level attack against Bitcoin.The main reason these attacks are still effective is the ignorant nature of people, and the lacking will to educate themselves, which is why I believe that we will probably never be able to stop this panic over fud.
But hey, at the end of the day there is nothing to complain about for me. I got the chance to buy far below the $10,000 mark again, which I am very grateful for. In other words, this manipulation works well for people too.
Jump to: