Bitcoin Forum

Why are there all these news stories that are not true.Worst thing is these stories are being used as the excuse for the falling bitcoin price.
1  saying South Korea is banning exchanges and that was a lie people are still trading
2 people spreading lies on the forum saying india banned bitcoin and bitcoin will die and that was 100% a lie
3 people talking about government regulation and saying it will end bitcoin and they ahve said that for years and it grows like crazy

Bitcoin has been hated by governments for years and there have been counties that have banned it and the price keeps going up. The price has dropped much for no real reason.
The only story is that there is some conspiracy by large money whales who are driving the price down so the little people loose and they make money.Do not sell or you will fall in the trap, fight the powers of conspiracy which are trying to control this movement 8)

Look at the us stock market and how it is so overvalued even wallstreet bankers say the market will crash any time, what will happen with bitcoin
Look at how the us dollar is almost without value and the power is dying, what will happen to bitcoin when people run away from the dollar

why not? news cycles tend to follow market cycles. at the top, the media was reporting about $500,000 price targets and telling you how to buy ripple. naturally retail buyers bought the top and are getting completely rekt right now. during the bear trend and near the bottom, expect the media to be especially harsh.

the "professor bitcorns" tend to come out at these times, gloating about how the end is nigh and they were right that the BTC price is headed to $10. that goes hand in hand with bad news (even inaccurately reported news), as media sources search for reasons to explain the falling price. as usual, their explanations are ridiculous and sometimes downright inaccurate. the price fell because demand dried up and people who bought significantly higher began to feel squeezed into selling. falling price begets falling price, panic develops......and here we are. same shit, different day. bitcoin will be back.

the sellers now are the loosers, should be only buyers

bitcoin today has great challenges from the world and also in the future, I did not think a child born in 2009 and today has 9 years can to shake the world, make the world is afraid and worried bitcoin will dominate global finance. so I think this conspiracy is made by all those who dislike and hate bitcoin. they do so many ways that bitcoins die and are buried.

Yes it's a market cycles. remember we can see a good pump for next few weeks and months. Technology won't stop and cryptos will eventually pump like it's hot so hold your coins my friend.

Fake news will always exit, you can't deny that it is hard to trust anybody nowadays from the influential media to social media websites as they all can twits their stories a bit. It is usual to see these things as people often use click bait headlines to lure more people to read their content and why not click on few ads along the way.


What does hot even mean? Its like you are doing some marketing or something, you can say it is a current trend or something... We don't know for sure if there iwll be a good pump even. We can hope for one and some indicators are showing that it could be good and nothing else. Yet you see price is falling and dumping due to newcomers who see their loss for the first time and because they are second questioning and dubting themselfs.

Yes these FUD spreaders would never stop.Earlier they used China to create FUD that it would ban bitcoin and when now, it's no more they try newer things to make new investors panic. This is an ongoing process.We being bitcoin holders for years could fight the conspiracy powers from making influence but we could not stop newbies getting panic for even small dips and destabilizing the bitcoin market as a whole.But this time after the entry of big firms through bitcoin futures,some suspicious movements are found in bitcoin price and no body could deny that.

Whales are manipulating the market and they themselves are making some rumors, spreading bad news. They want prices to fall and more people to panic. Soon they will start to spread good news after they fill their pocket.

Big whales usually use such tactics to make bitcoin price fall. They usually zoom any of negative news even if it is older to create uncertainty in the market. Also this time we could see something suspicious which has made abnormal fluctuations in the bitcoin price.This time might be wall street fat boys behind the scenes.

Yes its probably true. I agree that those big time holders are the one who's manipulating the market value of bitcoin and spreading those FUD, to create a panic selling for those small time holders that causes of price dropping.

Conspiracy and confound would be a reason and use them to continue to manipulate, and also compete with the news to win prize so ultimately they have success.

I just want to point out that most of the news stories I see are written by people who obviously don't know a thing about bitcoins.  So take it with a grain of salt.

An article comes to mind.  There was an article about George Soros, the famous investor, saying bitcoin was in a bubble.  But he also admitted he knew nothing about cryptos.  This is the kind of nonsense I am talking about.  Price movement alone is meaningless.  What is driving the price move?  In this case we are seeing institutional investors such as hedge funds starting to get involved in crypto.

To understand the significance of institutional investors, you must also understand the scarcity of bitcoins.  XOM is a good example because its market cap is sometimes similar to bitcoin.  But it has over 4 BILLION shares outstanding, and more are printed all the time.  Bitcoin has a theoretical maximum of 21 million coins, with about 17 million already created.  That is the limit.  As many as 4 million bitcoins may be lost as well.

It used to be that $10k would move the bitcoin market, so what happens when a hedge fund managing 100 billion decides to put a small wager of 50 million into bitcoins?  And what happens when other hedge funds, seeing the price rise, also want to get in on the action?  The scale of assets available to market participants is worth knowing.

That being said I strongly suspect that the new wall street players are suppressing bitcoin prices ahead of certain actions.  Goldman is opening a bitcoin trading desk for example.  I don't have any proof, but the markets have been behaving differently the last month or so, and the big variable is wall street.  But anything is possible, it could be that Bitmain is up to no good again, or some governments are acting to control bitcoins.  Now that it is in the main stream, the game is changing.

There's a good explanation for 1 and 2: the media. All these FUD comes from the media, they are the ones spreading lies, and misinformation, the media is being used by the 'big players' as tools to shake up the market whenever they want. These people have realized the power a headline from the news has over the entire cryptocurrency market (just look at what happened with the US regulators subpoena Bitfinex and Tether, the whole thing was an coordinated FUD attack since the news was 2 months old, but Bloomberg made it look like it was something recent, they had to edit the article with the correct date but, let's be honest, they released the original article on purpose to see how the market reacts, they're just following orders). And let's not forget the big whales, they're also part of the FUD campaign we've seen over the past few weeks.

And there's an incentive behind all of this, the media is trying to scare people off from cryptocurrencies while also helping the big players get cheap coins from the weak hands called panic sellers.

About the last point you mentioned, that's something that we've been hearing for a very long time, though lately, the majority of cryptocurrency users have reach a conclusion: regulations are needed, asap! so I'd say that nowadays people see regulations as something positive for cryptocurrencies, and they actually are because regulations will help give cryptos a lot more legitimacy in the eye of the general public.

There's your answer.

I have worked in various news media jobs in several countries and in my experience:

• Journalists often have little to no specialist knowledge of the subject they are reporting on
  
• They are under pressure to report headlines that get clicks on their websites, or viewers on tv
  
• Because of this they will sometimes ignore facts that dilute the impact of the headline (or disprove it)
  
• Because of a lack of knowledge they basically just regurgitate what 'experts' have said, which tends to favour the received wisdom (read: establishment viewpoint) of the age
  
• There does not have to be an organised conspiracy to create an observable phenomenon

That does not mean that some actors (whales) are not trying to manipulate via the media (oc they are)

Maybe...Jesus?

But there is also alot of real news also. I agree though that people are overreacting now and that every bad news create a new panic. This however doesn't look like normal dips we have seen in the past, it looks like big forces are manipulating the market again.

Some people are not optimistic about bitcoin because they are completely impatient. Things take time, waiting is the hardest part. It takes patience to make things happen naturally. They do not have the patience to wait for bitcoin to grow up step by step. So they also enjoy the fruits of waiting.

yes but the question is what group is trying to manipulate the price.2 months ago it was all good news and then when the price comes up high many people start talking about FUD false stories and then suddenly the price drops 60% on lies? Let us be realistic

Those group attacking bitcoin are those companys that are stepened when bitcoin rise. We all know that it is more wise to buy bitcoin than investing too much time or count years in  lifetime insurance company. In bitcoin you can see your outcome fast than those companys that making bad rumors about bitcoin.

It's not impossible to know who or what is behind the conspiracy of Bitcoin. The person or thing needs to show the proof and we'll get the answer. As for now, we do not know.

Who ever is or was attacking bitcoin has stopped probabaly the whale groups are now going to try to raise the price, time to buy asap!

Well, I know that there's a big named person on here that told us what the price was going to be before that dump happened. Let's see what's next.

I dont know who is behind this conspiracy but i am sure that they are whales.
Whales want to take advantage of this situation. They will buy bitcoin with a lot of money to grow bitcoin  from its lowest price.
So i always said to people to never sell their coin in panic.

These conspiracies, or these so-called bad news, can have a huge impact on the digital currency.

These plots will not be the news of Wall Street, in this capital market, only the interests are unique!

They are giving out these schemes to rob some investors of their money!

I think the main impact is that the government's policy on the prohibition of bitcoin, which affects the consumer psychology by affecting the market price, brought news of bitcoin's death, which is not true.

There are many speculations as to whoever spread the bad news about bitcoin so that people would panic. Some say it is the banks, the government, or the whales trying to bring down the price of bitcoin because they would accumulate more of it. Well it might be true or not and you being not a whale should just do something to protect yourself from getting rekt and not being controlled by your emotions like panic sell when the price is low and then when it goes back up again you panic buy.

If you look at the world market as a whole not just the crypto markets, it is having a correction as well so in times like this if you are invested in various investment vehicle like stocks and mutual funds then you should have other source of income otherwise you would just be at a total loss if you sell now assuming you bought higher. This is where the multiple source of income is ideal and having an emergency fund.

Many are saying 2018 may be the next 2008 recession and this is the reason why Satoshi created bitcoin so this time around we will see how will cryptocurrency battle the recession and see the fruition of Satoshi's vision. This might be the time the government will see the true essence of cryptocurrency and then maybe totally accept it.

In this world most dangerous thing is half knowledge the people who is involved in crypto currency with half knowledge they are spreading this rumour as well well as big investors.

The possible attackers of bitcoin are the ones who are not gaining anything from it. They are the competitors of bitcoin. One possible example is a  bank. We know that people are paying fees when transacting with bank. With bitcoin we also pay fees but it's very minimal. So which one would you choose to transact with ? With bitcoin your money may grow very fast but with bank the interest you're earning is lower than inflation.

very interesting, and I also feel doubt about the actions of the Indian government against bitcoin users, is it true that Indian government discriminates bitcoin users? I think we should be smart when taking information. do not immediately we spread in the forum about information that has not been clear the source and the truth.

when a lot of lying information about bitcoin, then the crypto world will be weaker, and even death.

I think this lie is a conspiracy committed by those who hate crypto and bitcoin.

It's the market.   The whales are not a single unified team, no more than the plankton are. 

I agree that news cycles tend to follow market cycles, and to further give emphasis on how these elements involved with "VALUE" itself affect the BTC(its present as well as future), it would be highly essential to be aware that it is also true that market cycles get a manipulative benefit from following news cycle. All of these, are part of any market and every "merchandise or item (including the BTC", and act as elements that would make sure transactions happen (of whether to buy or sell)....keeping the market alive.

I am not sure whether there is such a thing as conspiracy in what is happening right now. The policies of certain countries are very exclusive decisions that came about from their own set of policy makers. They are not created out of connivance and agreements with other countries. That is for sure out of the picture. The whole picture is basically a normal movement in the prices of cryptocurrencies. After all, we have seen this over and over again in the past.

Media is under influence of people who want to buy Bitcoin cheap. And they are using their power really well since they were able to pull the price down from 20k to 5.9k. They actually believe in Bitcoin and just wait for few days and internet will be filled with only good news about Bitcoin. Also, sometimes media wants to pull out some bad ass news for viewership and so they misinterpret the news.

All these truthful and untrue news so synchronously and amicably appear, which really allows to assume the existence of a certain conspiracy in order to lower deeper the bitcoin in price so that some weak-minded people in a panic sell their bitcoins and some people could buy them at a cheap price. And the low cost of bitcoin is also deliberately kept too long. Whatever it was, but such actions only testify to one thing: they are conducted in order that in the future it would be possible to earn money on this, that is, bitkoin should soon rise in price, including those who will Now they keep bitcoin on its price day.

now when bitcoin breaks through the 10,000 level the forum is flooded with stories attacking the minds of bitcoin users.This gossip is false and is a sign that there is some organized conspiracy to manipulate bitcoin price.I say to everyone stay focused on the fundamentals and dot listen to the little devils who want to spread fud

Today they say
bitcoin is dying
bitcoin is a scam or ponzi
bitcoin hated by government
bitcoin going to 0
even false stories are being posted. Is it really that all the idiots and liars come out when the bitcoin price goes up or is there some office somewhere that has people fighting the movement of financial freedom

It's very tempting to think of a conspiracy against bitcoin. The FUD about a week and a half ago came from different sources, together with the US Senate hearing on cryptocurrencies. Bankers spreading negative news, talking about a bubble, hacks on exchanges, governments banning cryptocurrencies, all this FUD caused a serious price fall. But a week later the price started to increase and bitcoin is now reaching 10K.

Whether it's from a private bank bank, which makes a conspiracy to drop bitcoin so everyone does not use bitcoin as their economic handle, and certainly the bank does not want it if bitcoin later drops many banks of the world banks just shut ...

I also suspect that this decline is due to the conspiracy of the bitcoin millionaires who want the price to fall deeply. This conspiracy caused some false news in various countries to make bitcoin holders panicked and sell their assets. I never trusted the news because although it will not affect the bitcoin movement because bitcoin with decentralized is only controlled by its users. This downturn is purely due to the conspiracy of the bitcoin millionaire.

Media is fueled with money and when the prices increase they announce that btc brings too much profit so we may as why ? To break the sell walls put by whales ? and when it is decreasing they say it will be worthless but media has this job since centuries and we as people must not fall for this kind of manipulations

It is very clear that banks and some governments are attacking Bitcoin for its fall. This is due to the fact that these entities do not have control of the transactions that are carried out, in addition to the commissions that the banks will stop earning.

I think this is the market mechanism and in this way, the market is getting spread out around the world. Not only that but also a lot of information is also liable for this situation. I think some countries are trying to create some policies for regulation of this platform so that Bitcoin and virtual market faces some difficulties now and then.

it doesn't have to be one person or group behind these bullshits that we keep hearing. it is because of the fact that almost everyone has already realized that the news can affect bitcoin price a lot.
as a result many of them try spreading what suites their needs. for example if they want to sell at a profit they spread good news about how bitcoin is awesome. and those who want to buy back at the bottom or short bitcoin spread the FUD.
many of these idiots go against the market and spread their bullshit and obviously fail but those who do it with the market trend win.
sadly there are enough weak hand idiots who are affected by this!