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Topic: There Is No War Against Bitcoin! Stop The Fud! (Read 770 times)

newbie
Activity: 19
Merit: 0
November 05, 2019, 08:25:17 AM
#72
If there is no war against bitcoin , it would reach 100000$.... many analysts expect that bitcoin may reach 100 thousand US dollar.
sr. member
Activity: 784
Merit: 251
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I think bitcoin has various kinds of problems because there are some people who don't like bitcoin, while bitcoin can't do anything bitcoin can only make shipping transactions on demand.

More problem has been escalating while bitcoin is improving. everyone one use and hated bitcoin is increasing. bitcoin is still create more demand which is dragging bitcoin up even further. so nothing to worry about fud. users who benefit in bitcoin now are positive to still buying and holding for long term. just do what you want you know you have future in bitcoin.
member
Activity: 207
Merit: 11
US government Trump declared to against bitcoin because he wants bitcoin not become good investment assets and people will use USD as currency payment, but we not worry with how situation in US want to against but bitcoin still profitable for us, bitcoin have stronger although banned in China but can back to higher, when US want to banned bitcoin I think bitcoin keep exist with higher price because bitcoin control by investor and not country.
News regarding issues such as government against bitcoin, then war and banning bitcoin was something I heard often but even if the government makes such decisions, their influence is still not too great, the most important thing is that this may be an opportunity for market manipulation to appear, we should only be careful. Talking about the issues confirming this information, we do not need too much attention, the US government and China can fight bitcoin but basically, they only take gentle measures verbally, the actual action is not appearing
hero member
Activity: 2156
Merit: 711
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Of course, Sometimes a piece of vague information plays a negative role in this platform, even people are in the hazy position in terms of stability and volatility of the Bitcoin price, moreover, if this type of rumor has been spread out then people will get afraid of this cryptocurrency and Bitcoin also, I also haven't heard any news that the USA government has announced the war against Bitcoin, I also know that they are against the criminals who are using Bitcoin for the illegal purpose, It's fine and it will bring a healthy environment when your platform is free from any criminal acts. So I also support their initiative, I hope this war will continue and criminal activity will be removed.
sr. member
Activity: 1092
Merit: 254
I do not think that there is any war against Bitcoin and cryptocurrency. Yes, some regulations in the financial world appear or change from time to time in every country. But in case there was a war against crypto, believe me, it will not exist so long time. It will disappear in half of a year or so. And big men from the big world of politic they really have such mechanisms how to organise such things. Everyone understand this. But what about fud - you know fud existed and will exist till the last man on the planet will be dead))))) it is a thing that is living for so many centuries, even not years. It is a pity, but it's the integral part of the human nature.
sr. member
Activity: 1484
Merit: 276
They had hundreds of thousands of bitcoins after the Silk Road bust, yet they auctioned them all off in 2014 and 2015. Why didn't they hold onto them?
There's a reason on why they rush auctioned it not hold onto them, bitcoin isn't the type of thing US government would trust and believe. They don't support bitcoin to be short so they just auctioned it and let people have the profit from holding it. Bitcoin value back then and till  now is still a penny worth to US government total  worth so they don't really bother selling those.
hero member
Activity: 1400
Merit: 571
They had hundreds of thousands of bitcoins after the Silk Road bust, yet they auctioned them all off in 2014 and 2015. Why didn't they hold onto them?

I agree to this, but maybe they've sold it on auction because they really don't trust bitcoin that much way back 2014 and 2015, also bitcoin's price that year was not that big compare to its price that really skyrocketed in 2017, so they it didn't come to their mind to hold it, government's mind is crippled and puzzling for everyone to understand.
sr. member
Activity: 2254
Merit: 258
I see many users talking about how USA government and Trump declared a war against Bitcoin! No, they didn't. Listen their message again! They declared a war against the criminals who are using bitcoin for illegal activities. A huge difference! This will be a good thing in the longterm. So stop spreading this fud cuz of wrong interpretation. Many big players already know that dollar is dying. They know that dollar can't survive for a long time. As the dollar collapses in the near or middterm future, bitcoin will rise and rise enormously. They know that. They also know that the trigger for all of this could be the next major financial crisis where a lot of funds will go to gold and bitcoin. But because bitcoin is a low marketcap compared to gold, it will rise much more than gold. They know that and they will try to regulate it but they cannot stop it. They (USA Congress) already admited that bitcoin is unstoppable. No one can stop it. If you can't win them, join them. So eventually everyone will join bitcoin in the future.

There's not big war against Bitcoin by the big government, but there are countries that stifle Bitcoin investors to freely use Bitcoin in their respective countries, some example are Bangladesh and India but it cannot create a bad impact compared to countries coming from Europe and America, there's always resistance but in the end these countries cannot keep on persecuting their people from supporting Bitcoin.
sr. member
Activity: 1274
Merit: 252
The spread of FUD has occurred frequently, since there are more and more new users in cryptocurrency and new investors. Newcomers are more easily influenced by news like this without finding out the truth. FUD is increasingly having a big impact because new users in cryptocurrency are very easily influenced and panicked.
sr. member
Activity: 1148
Merit: 252
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I think bitcoin has various kinds of problems because there are some people who don't like bitcoin, while bitcoin can't do anything bitcoin can only make shipping transactions on demand.
sr. member
Activity: 2030
Merit: 306
US government Trump declared to against bitcoin because he wants bitcoin not become good investment assets and people will use USD as currency payment, but we not worry with how situation in US want to against but bitcoin still profitable for us, bitcoin have stronger although banned in China but can back to higher, when US want to banned bitcoin I think bitcoin keep exist with higher price because bitcoin control by investor and not country.
newbie
Activity: 12
Merit: 0
I agree with what you say, there is no war against Bitcoin and cryptocurrencies in general, in fact, many influential people are accepting that cryptocurrencies represent the money of the future and that it is possible to have financial protection in Bitcoin, gold or other Altcoins influential
hero member
Activity: 1414
Merit: 505
Backed.Finance
Fake news are everywhere and its up to us to do some validation if those news have substance in it or just a complete lie. Usually those fake news are born from opinions of people that have stitched some events and make it as a whole thinking that their reasoning is valid and create a conspiracy theory. But of course the people who will believe in it are those who did not make their own research and just believe what they read without confirmation. And as far as my knowledge is concerned and after some research and validation I have found out that the news about the USA government and Trumps declaration of war towards bitcoin is a fake news.

Yes, lately there are many FUD news and its sad that it coincide with bitcoin price diving lower than $8,500. Even though there good news about btc but not enough to rally the  bitcoin price. We really need big institution,network of organizations for integration  in order to reach and attract more users.
STT
legendary
Activity: 3878
Merit: 1411
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I read that Bangladesh is to harsh on Bitcoin and so is India
The main discouragement in India would be most of the population does not have proper access to computing, I rate the natural effects and problems Bitcoin has over politics and artificial obstacles so OP is right enough in that respect.   In the end politics is a problem for everyone and everything in its path, it costs alot to support politics and they want a cut from every kind of revenue possible so its no surprise that crypto would not exactly be welcomed anywhere.   Almost every country now is boosting their budget by over printing their currency, diluting the value of all who hold it especially the smallest participants in an economy.
   Libra has a problem from arriving in such large force, it should have been built from nothing now they see it as trying to setup a new bank without licensing as if it will give out loans.   Almost anything can be money if its fungible and reliable in circulation and that make it'd superior to many official currencies.
sr. member
Activity: 1036
Merit: 275
I see many users talking about how USA government and Trump declared a war against Bitcoin! No, they didn't. Listen their message again! They declared a war against the criminals who are using bitcoin for illegal activities. A huge difference! This will be a good thing in the longterm. So stop spreading this fud cuz of wrong interpretation. Many big players already know that dollar is dying. They know that dollar can't survive for a long time. As the dollar collapses in the near or middterm future, bitcoin will rise and rise enormously. They know that. They also know that the trigger for all of this could be the next major financial crisis where a lot of funds will go to gold and bitcoin. But because bitcoin is a low marketcap compared to gold, it will rise much more than gold. They know that and they will try to regulate it but they cannot stop it. They (USA Congress) already admited that bitcoin is unstoppable. No one can stop it. If you can't win them, join them. So eventually everyone will join bitcoin in the future.

In as much that they are against the criminal activities that use bitcoin for their transactions, they are still do not like the idea of decentralization where people have the financial freedom to control their financial transactions. Most of these government hate the idea that, they do not have control of how bitcoin is circulating around.  Governments hate decentralization, they prefer centralization..
member
Activity: 686
Merit: 15
Donald Trump never declared war against bitcoin, he only said he wasn't a fan of bitcoin. As a president who doubles as the protector of the USD, he can only defend the USD against any possible perceived rival currency for noe even though he knows the truth.
sr. member
Activity: 1372
Merit: 261
Making fuds is always the way to go, Because this is the way newbie investors are scared of bitcoin, and the fear of bitcoin's downfall.
So those who make fuds will have a chance to buy cheap bitcoin. And end up selling better when bitcoin prices rise. This is the trend of the Big whales so if we keep up with their moves we will definitely have a profit as well.
hero member
Activity: 2100
Merit: 618
The U.S. is known to have a war against everything.  There's the war on crime, war on drugs, the old war on AIDS, blah blah blah.  What the states are not at war with is bitcoin.  Heck, we have Coinbase which is one of the most legitimate bitcoin exchanges known to man.  Poloniex is also U.S. based, and both have no problem passing mustard with anyone in the gov't.

If the gov't here wanted to end bitcoin there would be laws on the books prohibiting it, and that could be done very easily with a campaign in the media telling everyone how bitcoin is used for dark web shit and all that.  It has not happened and I don't believe it ever will.
If the US government is in war against everything then I think maybe this war would be pretty hard to win for them. Because deregulating bitcoin is one thing and stopping Bitcoin is absolutely another. It's pretty difficult to stop the transactions ongoing in bitcoin because they actually don't come under control of the US government. Moreover its almost impossible for them to even trace users using any transactions. US is popularly known for Winning all wars and they don't accept defeats. So they would rather decide not to go in war with btc than to get defeated in this war.
hero member
Activity: 1190
Merit: 511
Indeed there are some side who want bitcoin to be destroyed, so don't be influenced by them. One of them spread slander with the news that the US Government declared a war against bitcoin. Even though there is no war against bitcoin, there is a US government declared a war against criminal who are using bitcoin for illegal activities. So I hope all side will not be lured by this misunderstanding problem. We as a bitcoin community must unite against certain parties who want bitcoin to be destroyed, with unite with bitcoiners all over the world. So the news can subside and investors will start to trust again. so that the price of bitcoin can go up to ATH again.

I was once influenced by those fudders, but now it's a no no, although I don't have much fund in Bitcoin still I know and my faith is 100% that it will grow more and will become popular and would be widely used in each country. Remember guys, those who are creating fud, are those who wanted to get more Btc, so don't get manipulated, they are just playing with your minds.
legendary
Activity: 2870
Merit: 1068
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I have the feeling that Bitcoin users like conspiracy theories and they like to feel like alone against the rest of the world. That, of course, isn't true and sometimes are things like regulation depicted like war against Bitcoin.
Bitcoin and cryptocurrencies will continue to exist and all authorities and institutions are aware of this reality it's only the question what kind of balance will be agreed between users and regulators.
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