The misleading FUD of bitcoin going zero $ - page 5.

dzungmobile

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Quote from: Sanitough on December 01, 2024, 04:30:27 AM

Going to zero? Are we still in the early stage? Just imagine how much the big investors would lose, like those who trusted ETFs or the massive companies stacking up on Bitcoin with billions of dollars... Honestly, I think that kind of FUD won’t work anymore. The market’s matured now. I mean, even if we hit a tough bear market and see the price drop hard, it’s crazy to think it’ll crash all the way to the bottom.

Bitcoin does not need to go to "0" to die as it has been declared dead many times already.

Analysis: BTC has been declared “dead” 415

We are in 2024, when Bitcoin price is about $100,000 and the times for fud as "Bitcoin will fall, crash to zero $0" has gone a very long time. FUD now can be like "Bitcoin will crash and lose 70% or 80% of its price from ATH", but a good news is with more Bitcoin halvings, more market cycles, Bitcoin corrections become smaller and Bitcoin drawdowns in a bull run become smaller too.

Bitcoin price history, ATHs and bottoms.
https://studio.glassnode.com/workbench/bf532ce2-a66b-4798-6deb-bf3ba7decc59

Charles-Tim

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Quote from: Familian on December 01, 2024, 02:57:08 AM

Today, I can only but imagine the thoughts, reactions and the regrets of those who took those rundowns seriously and failed to invest in bitcoin a decade or some 7, 6 years ago.

I thought this world can be good with true information from rich and well recognized people but this forum change my thinking as I saw many rich people wrong comments. The first person was Warren Buffett but which is an old man which we can still consider. But Peter Sheriff said bitcoin will go to $zero. Also with all his criticism, my thinking changed. Do not just believe in what people are saying. Make your own research because they can mislead you.

Sanitough

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Going to zero? Are we still in the early stage? Just imagine how much the big investors would lose, like those who trusted ETFs or the massive companies stacking up on Bitcoin with billions of dollars... Honestly, I think that kind of FUD won’t work anymore. The market’s matured now. I mean, even if we hit a tough bear market and see the price drop hard, it’s crazy to think it’ll crash all the way to the bottom.

Bitcoin does not need to go to "0" to die as it has been declared dead many times already.

Analysis: BTC has been declared “dead” 415

pooya87

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Quote from: Familian on December 01, 2024, 02:57:08 AM

with imminence to break above $100,000, all of those master plans and orchestrated lies to cause FUD about the future of bitcoin going zero has now lost base.

They never had any "base" back then either. Those spreading such FUDs didn't believe in it themselves either. It was also not always about "going down to zero", but generally about a big dump coming. The purpose of these FUDs were to try to cause panic sell among newbies so that their own buy orders at lower prices could be filled.

In that sense we can still see similar FUD being spread where they try to make newbies believe that there is a drop coming and they should sell sooner. If they manage to convince enough people, there will be a small drop and their buy orders at low price will be filled before price goes above $100k.

SamReomo

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Quote from: Familian on December 01, 2024, 02:57:08 AM

Today, I can only but imagine the thoughts, reactions and the regrets of those who took those rundowns seriously and failed to invest in bitcoin a decade or some 7, 6 years ago.

The ones who believed such rumors might be crying now after seeing Bitcoin at such high value, and the ones who invested in Bitcoin when it's value was still below $1000 might be enjoying now after seeing such high value.

Still the ones who hold their investment are the ones who might actually enjoy the profits, the ones who sold their Bitcoin may still be regretting now after seeing Bitcoin's current value. Bitcoin surely gives enough benefits to holders without any doubt.

dzungmobile

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Quote from: Familian on December 01, 2024, 02:57:08 AM

Within a decade ago there were couples of rundown on bitcoin going to zero $, as at then it was a bone of contention but now with bitcoin reaching a new ATH $99k with imminence to break above $100,000, all of those master plans and orchestrated lies to cause FUD about the future of bitcoin going zero has now lost base.

Today, I can only but imagine the thoughts, reactions and the regrets of those who took those rundowns seriously and failed to invest in bitcoin a decade or some 7, 6 years ago.

FUD won't last long because FUD is fabricated to make people panic, when market makers complete their manipulation plan, load up enough bitcoin, bull run comes and market makers are not stupid to fud in a bull run. They can do it but less regularly than in bear market, but fud in bull run causes market dips which are great opportunities to load more bitcoin, and get profit with a continuous bull run.

Bitcoin is not dead but it was called as dead 450+ times.

Familian

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Within a decade ago there were couples of rundown on bitcoin going to zero $, as at then it was a bone of contention but now with bitcoin reaching a new ATH $99k with imminence to break above $100,000, all of those master plans and orchestrated lies to cause FUD about the future of bitcoin going zero has now lost base.

Today, I can only but imagine the thoughts, reactions and the regrets of those who took those rundowns seriously and failed to invest in bitcoin a decade or some 7, 6 years ago.

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