FUD article from Bitcoin.com - The sky is falling!!!

[HabBear]

https://news.bitcoin.com/markets-update-bitcoins-battle-bear-market/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

This article from Bitcoin.com is trying to play off the recent drop of the fiat price of bitcoin, stating that the bear market is here!

Such nonsense.

The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers.

Actually, Bitcoin.com, the fact that price is on the rebound precisely means that the market IS showing signs of fending off sellers.

[Xester]

https://news.bitcoin.com/markets-update-bitcoins-battle-bear-market/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

This article from Bitcoin.com is trying to play off the recent drop of the fiat price of bitcoin, stating that the bear market is here!

Such nonsense.

The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers.

Actually, Bitcoin.com, the fact that price is on the rebound precisely means that the market IS showing signs of fending off sellers.

It is another attack on bitcoin and probably the writer has tons of etherium and he wants the bitcoin holders to shift to his coin so he can get huge profits. That prediction of having to declare that the bear market is here is just a desperate attempt to overthrow bitcoin. But even what kind of news the bitcoin community will not be shaken and cannot be replaced.

[Slark]

Maybe it is time to accept that writers of bitcoin price/market analysis are not infallible.
I don't think it is a deliberate attempt to confuse traders or spread FUD.
Best what we can do it to take every piece of information from Bitcoin.com with grain of salt.

[HabBear]

It's definitely FUD, but I don't think it's to try to entice a dump of bitcoin and pump of ether. It's more likely that they're just trying to post some sensational story on a slow news day. Regular news does that all the time. They just want clicks. When really there's nothing weird with the price movement right now. It toggles back and forth all the time. I just wish they wouldn't lie in the article..."price has rebounded, therefore there's no response to sellers"...wtf?

[pooya87]

?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

what are these HTML tags that you always add after the news links you share from bitcoin.com?

This article from Bitcoin.com is trying to play off the recent drop of the fiat price of bitcoin, stating that the bear market is here!

Such nonsense.

that is exactly that!
these news sites will always publish nonsense no matter what it is.
it is like a script:

price goes up: publish bitcoin price is strong and going to the moon. X said bitcoin price is headed towards $10000000000

price goes down: publish bitcoin price is weak and dropping very hard, it is headed down and then some more.

[Mometaskers]

Sigh, maybe just another attempt to have us sell our bitcoins for alts? The price is rebounding and people are becoming more optimistic again. I don't know, it seems that these writers either don't know what's happening on the ground, have certain interests that encourages them to write like this, or that they really need the money from the site and have to clickbait people.

IMHO, when in doubt, just hold. Even during bumpy rides, the ceiling price of bitcoin keep rising. I guess that's good enough reason to believe it still maintain people's interest.

[LeGaulois]

This is how you get traffic, posting controversy, non sense, ect. I read a few articles weekly that make me wonder if authors know what they are talking about. But regarding the article posted in the OP, I agree with @HabBear when he/she says it is a sign of fending off sellers. I am not sure the motivation of bitcoin.com but i find them sometimes weird

[pinkflower]

https://news.bitcoin.com/markets-update-bitcoins-battle-bear-market/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

This article from Bitcoin.com is trying to play off the recent drop of the fiat price of bitcoin, stating that the bear market is here!

Such nonsense.

The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers.

Actually, Bitcoin.com, the fact that price is on the rebound precisely means that the market IS showing signs of fending off sellers.

It is another attack on bitcoin and probably the writer has tons of etherium and he wants the bitcoin holders to shift to his coin so he can get huge profits. That prediction of having to declare that the bear market is here is just a desperate attempt to overthrow bitcoin. But even what kind of news the bitcoin community will not be shaken and cannot be replaced.

Bitcoin.com is owned by the Bitcoin Jesus also known as Roger Ver. There are rumors that hes the guy spamming BTC right now in order to manipulate us in thinking that big blocks are necessary. He also pumped Dash a few weeks ago.

[pitham1]

In the website's defence, they have to try and find reasons when there are none.
When it is a slow day in terms of actual crypto news, articles promoting FUD seem to be published.

[Qartada]

It's definitely FUD, but I don't think it's to try to entice a dump of bitcoin and pump of ether. It's more likely that they're just trying to post some sensational story on a slow news day. Regular news does that all the time. They just want clicks. When really there's nothing weird with the price movement right now. It toggles back and forth all the time. I just wish they wouldn't lie in the article..."price has rebounded, therefore there's no response to sellers"...wtf?

It's not about Ether, it's about desperation.  Bitcoin.com don't care how many clicks they get, Roger Ver is so rich the ad revenue will be practically worthless to him.  Bitcoin.com like to pretend that the situation with Bitcoin is more desperate than it is and therefore if Ether does get pumped then other people do the FUD for them believing that all Bitcoin.com did was present the facts.  Then what happens is that people with a lot of money get desperate and give up on their preferred scaling solution to cause a high consensus hard fork.  That's the main reason Bitcoin.com makes that kind of article.

[iamTom123]

Maybe it is time to accept that writers of bitcoin price/market analysis are not infallible.
I don't think it is a deliberate attempt to confuse traders or spread FUD.
Best what we can do it to take every piece of information from Bitcoin.com with grain of salt.

And I agree. These are just writers who happen to have a different viewpoint from some of the readers. Anyway, that article is not predicting the trend for Bitcoin in the next months but just for that date. Nobody can really predict exactly how Bitcoin can behave in the coming days. I understand that due to the Holy Week there seems to be less movements in many exchanges so that factor can also affect Bitcoin and even other altcoins. We have our own ideas and even our predictions and we have to respect each other for that.

[Kyraishi]

https://news.bitcoin.com/markets-update-bitcoins-battle-bear-market/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

This article from Bitcoin.com is trying to play off the recent drop of the fiat price of bitcoin, stating that the bear market is here!

Such nonsense.

The fiat value of bitcoin has seen a decline over the past 24-hours as the price per BTC dropped from US$1215 to a low of $1140 across major global exchanges. At press time, the price is on the rebound hovering around the $1170-1180 range, but the market is showing no signs of fending off sellers.

Actually, Bitcoin.com, the fact that price is on the rebound precisely means that the market IS showing signs of fending off sellers.

It is another attack on bitcoin and probably the writer has tons of etherium and he wants the bitcoin holders to shift to his coin so he can get huge profits. That prediction of having to declare that the bear market is here is just a desperate attempt to overthrow bitcoin. But even what kind of news the bitcoin community will not be shaken and cannot be replaced.

We have seen that happening many times, there are always people who dont believe in bitcoin supremacy, but instead they prefer to invest all of their funds on some different cryptocurrencies ( for example ethereum ).
People from that kind are trying to scare us with their predictions, that the bitcoin has no chance to grow up more, and become more popular.
It is because they actually want to make a profit, and they realize if the bitcoin users will exchange the money invested into other altcoins, that will make the altcoins stronger.

Everybody has his own brain, I prefer to trust myself more than someone I dont really know, and Im sure that he doesnt care about my profits- only about his wallet status.

[harizen]

~snipped~

FUD's are everywhere and that is considered as part of bitcoin ecosystem, normal indeed.

More importantly, those FUD's giving us an opportunity to make another rounds of buying if ever FUD attempt will be succesful. Bitcoin already experienced lots of FUD since it's commencement of operations and look how it just passed in "come and go" system. The bounce back activity of bitcoin price many times after some FUD proves that bitcoin really established a strong support to the community.

So just let FUD entered the bitcoin system to test how strong bitcoin is. And don't to forget to hug everytime there is a FUD by taking advantage of cheap coins it can provided. Bitcoin surely will surpassed whatever attempt to make it down.

[pixie85]

Not Bitcoin.com again. I read that they are offering to speed up bitcoin transactions if you pay with visa and now this FUD.
Poor Roger is getting desperate because his project couldn't lure enough sheep. I'm happy people are smarter than this and see through his crap.

[Sled]

This is just a normal thing for bitcoin to have FUD who is advertising false information about bitcoin just to make some changes in the market or to make some hype and get profit. FUD is just like haters of bitcoin. If he is doing that then he possibly supports another coin and he just want for bitcoin to get low so he can buy a lot of cheap bitcoins and  use it as a capital in supporting his coin.

[HabBear]

That's a really interesting perspective. I hadn't put it together that the greatest proponent of a fork was also the owner of bitcoin.com...and therefore disparaging Bitcoin core would be largely in his best interests.

It's definitely FUD, but I don't think it's to try to entice a dump of bitcoin and pump of ether. It's more likely that they're just trying to post some sensational story on a slow news day. Regular news does that all the time. They just want clicks. When really there's nothing weird with the price movement right now. It toggles back and forth all the time. I just wish they wouldn't lie in the article..."price has rebounded, therefore there's no response to sellers"...wtf?

It's not about Ether, it's about desperation.  Bitcoin.com don't care how many clicks they get, Roger Ver is so rich the ad revenue will be practically worthless to him.  Bitcoin.com like to pretend that the situation with Bitcoin is more desperate than it is and therefore if Ether does get pumped then other people do the FUD for them believing that all Bitcoin.com did was present the facts.  Then what happens is that people with a lot of money get desperate and give up on their preferred scaling solution to cause a high consensus hard fork.  That's the main reason Bitcoin.com makes that kind of article.

[pinkflower]

In the website's defence, they have to try and find reasons when there are none.
When it is a slow day in terms of actual crypto news, articles promoting FUD seem to be published.

Oh yes, no one can really blame them for doing what they do. They need users and visitors for their site. Every website owner does.

Speaking about finding reasons, maybe Roger Ver making up a reason or a need to fork to BU by spamming BTC. He does have the millions to do it.