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Topic: Why all the negative talk about bitcoin lately? (Read 823 times)

full member
Activity: 224
Merit: 100
December 06, 2017, 01:37:12 PM
#66
Where is the negativity talk. I have yet to hear it. A lot of people love bitcoin and they are very bullish on it. Bitcoin has some negative aspects but the overall is positive
full member
Activity: 266
Merit: 100
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !

I agree with you. Bitcoin has a lot of good things going on and people should focus more on these things rather than point out its flaws that aren't even that bad. There can be a lot of reasons as to why a lot of negativities are being layed outt by a lot of people. And i couldn't care any less. And people shouldn't too. Bitcoin has survived every challenge it faced and became better after every challenge. Im sure this wll always be the case. At least for the rest of our lifetimes.
full member
Activity: 196
Merit: 109
I think I should have clarified in my original post - I'm hodling and buying more every time I get the chance; just thought it has been interesting to see people attempting to force negative news that we can all see through so easily over the past few weeks  Grin
I get it, but don't worry too much, when something is hyped, there is a lot of talk about it and hence some negative talk too.
Price speaks for itself, the rest is pointless for now  Wink

If you are aiming at a short term profit, you are not taking a big risk IMO. Pretty easy to make quick and decent profits these days.
To this post I wrote a few weeks ago, I would like to add some thoughts: IMO many negative talk are due to the nature of Bitcoin, I'd better say the nature it has became.
Because the idea of the man behind the nickname Satoshi Nakamoto was to create a digital coin that would be used on Internet only. A decentralized system, when the users remain anonymous. I really don't think he imagined year 2017 with hedge funds trading the coin, investors knowing nothing about it but buying it. At the beginning, Bitcoin was just a solution to send payments without intermediary, on a secure network.
That's why many people who were there in the early days are negative about Bitcoin in 2017 because around it, there are a lot of bad things happening, manipulations, but also all the other cryptos, and all those ICOs.... ad the scams coming with it.

We are now quite far from the initial idea of Satoshi Nakamoto back in 2008. When I say "his" idea, it was actually inspired by Nick Szabo (if both are not the same person).
member
Activity: 171
Merit: 10
There is no perfect concept on earth that will be accepted globally without any negative misconception about the concept. Relax, it is those negative talk that makes any idea or innovation stronger and popular.
Same thoughts here. As long as we, the bitcoin community, understand the benefits of having and using bitcoin then there's no problem. We dont have to defend bitcoin to them if they don't want to embrace it. It's their loss, not ours. i hope they won't regret that.
member
Activity: 294
Merit: 10
How is bitcoin not considered negative? While bitcoin is a digital currency that includes many virtual purchases not only legal but also illegal. One example is the sale of illegal drugs, as many countries forbid the use of illegal drugs, that is what makes governments and society think negatively about bitcoin.
newbie
Activity: 34
Merit: 0
FUD is normal in Bitcoin markets Smiley Always been like this since its birth
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !
i dont get people who said negative about the bitcoin i dont know if they are paranoid only or it is truth because all they say is the bitcoin is destory soon , the price is dropping low again and in the worst case scenario bitcoin will be gone for this year. this is what i see in the other article but if it happen then we must accept and be prepared to less hurt. then the price dropping low is very normal to the bitcoin because the price of the bitcoin is unstable and fluctuating . all things have limits but don't be rush in that things. there are time

The concurrency is saying this and it's because they want to put their Crypto-Currency on the top. They have their reasons, like expensive BTC fees for an example,  but in my opinion it's not a valid reason to left Bitcoin and start holding/supporting another currency. BTC won't be destroyed so easily and for such reason (that has been happening since a long time ago and so far Bitcoin hasn't lost its price).

It's important to follow what people are saying about Bitcoin, but it's important also to don't be poisoned by this negative talk about BTC.
full member
Activity: 448
Merit: 102
I do not think it necessary to do that, I will not add anything positive in your post. whatever anyone else is talking about negative bitcoin, I will cover my ears and assume that it is just a fictional story. my principle of bitcoin is "talk less do more"
full member
Activity: 350
Merit: 100
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !
They want to alarm all people to sell their bitcoin so thats why they always says a negative or bad about bitcoins so they will buy again bitcoin if the value of bitcoin goes decrease again this is the this is the world . Sad
sr. member
Activity: 979
Merit: 258
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !
i dont get people who said negative about the bitcoin i dont know if they are paranoid only or it is truth because all they say is the bitcoin is destory soon , the price is dropping low again and in the worst case scenario bitcoin will be gone for this year. this is what i see in the other article but if it happen then we must accept and be prepared to less hurt. then the price dropping low is very normal to the bitcoin because the price of the bitcoin is unstable and fluctuating . all things have limits but don't be rush in that things. there are time
full member
Activity: 196
Merit: 109
I think I should have clarified in my original post - I'm hodling and buying more every time I get the chance; just thought it has been interesting to see people attempting to force negative news that we can all see through so easily over the past few weeks  Grin
I get it, but don't worry too much, when something is hyped, there is a lot of talk about it and hence some negative talk too.
Price speaks for itself, the rest is pointless for now  Wink

If you are aiming at a short term profit, you are not taking a big risk IMO. Pretty easy to make quick and decent profits these days.
newbie
Activity: 13
Merit: 0
I think I should have clarified in my original post - I'm hodling and buying more every time I get the chance; just thought it has been interesting to see people attempting to force negative news that we can all see through so easily over the past few weeks  Grin
member
Activity: 70
Merit: 10
With all the negativity,Bitcoin is like saying "What doesnt kill me only makes me stronger"
newbie
Activity: 33
Merit: 0
This is happening because of the success of Bitcoin. There is no reason of dying bitcoin in the recent years rather it will expand more.
full member
Activity: 350
Merit: 111
Well, in this moment other countries already banned bitcoin and others think that it was a scam but still they cant kill bitcoin because most of the countries still using bitcoin especially those who have a higher or a local business.
hero member
Activity: 882
Merit: 500
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !
This is the reality in the bitcoin field that time to time negative news comes about the bitcoin and that results into down in the price of the bitcoin .
Recently a negative news about the btc was for the ban of the btc in China for ICOs ban but in Actually there was nothing as the rumours going on heavily .
Here the best thing is that we should keep in our mind that bitcoin is operating over the internet , so government of any country can make any rule to use or not to use bitcoin but still they can stop the Network of the bitcoin and also people will still use , so there are very very less chances to ban bitcoin or make negative rules for bitcoin , so remain free always to use bitcoin and keep himself away from any types of negative news or rumours .
hero member
Activity: 1330
Merit: 569
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !

In the spread of news, as much as good news abound so also are bad news but the issue here is that which one is superseding the good or the bad one. In addition to the news you have there, we have some others which include the consideration of bitcoin by Amazon, we also have countries coming to adopt the blockchain technology. EY is increasing the amount they spend on blockchain expansion and the likes.

In spite all this, the bad news is still making waves which includes, China coming against bitcoin mining, US citizens disallowed in participating in ICOs because of concerns of government, some bitcoin services are ending their activities from that end, Visa and MasterCard are withdrawing their services from non-EU countries etc. Looking at all these, there will always be good and bad news, we can only hope that the good are much more stronger than the bad counterpart.
sr. member
Activity: 779
Merit: 250
Really don't understand all the negatives flying around about BTC lately - we are on the cusp of mass adoption and that will change the space forever in a positive way.

- Bitcoin futures and soon Ether futures
- Bitcoin legislation to make <$600 transactions non-taxable in the US
- Increasing adoption globally even after China ban

You could add so many more positives to the above, so bitcoin won't be dying anytime soon !
Yeah all i can see many of the topic in tgis forum its about the end of bitcoin, the price dropping low and the destroyed of bitcoin. Just go with the flow and try trust to the bitcoin if it really is then we must accept it and become prepared .but as long as not happening we have to be a positive thinking believe in the bitcoin because there's many problem that encountered and it face it and survived
full member
Activity: 686
Merit: 146
Those negativities are only trying to scare us. Bitcoin is really unpredictable but we dont need to worry about it. It is strong as it is right now.

Yes, I agree that these negative news have been invented just to scare people and with the hopes that it would cause a panic sell and then the price would get lower for them to be able to buy more bitcoins. Everyone would have to say something bad about something at some point, and there will always be haters. Nothing can ever please everybody and we would just have to remain resilient and firm. No matter how nice bitcoin will be, it's not perfect and some people will choose to always point out something negative about bitcoin.
full member
Activity: 196
Merit: 109
I don't see any bad news spread, but if you meant latest news about USDT thief issue then it affected not only bitcoin but crypto world. But I don't think the impact is big.
I think OP did not necessarily mean bad news (after all the price is doing very well) but negative talk about Bitcoin last few weeks.
Reason #1 I believe is the slow transactions and high fees (many transactions unconfirmed for a while last two weeks).
Adding to that, the sudden drop benefiting to Bitcoin Cash, and the following week, the exact opposite with Bitcoin Cash crashing and Bitcoin going back to his best price, and overtaking it (all time high as I am writing this).
There is a frenzy lately, and frenzy also means some negative talk.
Us holders have to remain confident, and don't care too much about short term  Wink
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