nydiacaskey01
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Activity: 1834
Merit: 1036
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July 27, 2017, 02:41:01 AM |
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Negative news or positive news is still news for Bitcoin and it helps people awareness of the existence of Bitcoin. Negative news will not stop as its a known strategy even in real life, if you cant beat them by offering a better product, spread bad publicity to bring them down, but in the end Bitcoin is still king. Negative news is being used by those who wants to buy BTC at low or discounted price, they spread FUD and once the price is down, they buy and those who panicked loose.
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Kemarit
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Activity: 3080
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July 27, 2017, 02:50:42 AM |
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Negative news or positive news is still news for Bitcoin and it helps people awareness of the existence of Bitcoin. Negative news will not stop as its a known strategy even in real life, if you cant beat them by offering a better product, spread bad publicity to bring them down, but in the end Bitcoin is still king. Negative news is being used by those who wants to buy BTC at low or discounted price, they spread FUD and once the price is down, they buy and those who panicked loose.
True. It is still publicity for bitcoin. We all know that bitcoin is purely driven by speculation so any negative news will really have a impact to the price. But currently the price is still strong at $2500 so the news that the OP has been mentioning has no bearing at all. Because if it did then the price should be red and down. To be fair with the OP, I don't think he is spreading news, maybe he is frustrated seeing a lot of negative news lately. If you've been in the cryptoworld for atleast a year, you would know that trends like this are normal and very common. That's one small downside of having a decentralized platform. I personally would be more worried if all we get is good news.
If you've been in the crypto world for that long, then we should not be affected by this news. Its part of the crypto world as I have said, the price is driven by speculation. One day you will get a news that will impact the price, like Japan legalizing bitcoin. Or some negative news like Bitmixer closing it mixing services a few days ago. Its normal and everyone should not be affected by it. |
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d3t0x
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Activity: 39
Merit: 0
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July 27, 2017, 02:51:39 AM |
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it honestly hasnt even been that bad. Look how well BTC is holding still. It went down to 1900 a week ago and its not even close to that right now
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Schuyler
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July 27, 2017, 03:02:47 AM |
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If you think that what's happening the last few weeks is bad news, then you have not been around for too long. The price surged too fast too soon in the first few months of 2017 so it is but natural for some to take profits which would naturally bring the price down. The price I believe is in recovery stage and the long term outlook still looks very good. These short term bumps are just part of the journey and you shouldn't panic as this causes unnecessary FUD, especially to newbies.
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mrcash02
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July 27, 2017, 03:11:50 AM |
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Lol, I see only good news... BTC price dropped a lot some weeks ago and we could buy Bitcoins for $1980, so it went to near $2800, so we could sell it and have an opportunity to buy again now or soon (for $2500 or less). There won't be HardFork for now, we are safe and the expectatives for BTC price are very good from August onwards. I believe that is the last call for Bitcoin, buy it now cheap while you can! No bad news here, only positive predictions!  |
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chocolah29
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July 27, 2017, 03:14:29 AM |
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it honestly hasnt even been that bad. Look how well BTC is holding still. It went down to 1900 a week ago and its not even close to that right now
I think we should be use to this pumps and dumps as bitcoin is a virtual currency so it does always fluctuates. When there's a sudden downside many anticipated that soon bitcoin will recover sooner. So nothing to worry about and take this negative week of yours as a opportunity week to buy some coins. |
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iamTom123
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July 27, 2017, 04:15:55 AM |
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Bitcoin will fall and Bitcoin will rise...this is the same cycle which is affecting the whole cryptocurrency market right now. Bit one thing is sure: We can not deny the fact that people are having some apprehensions about what can happen on and after August 1. It is only some days from now...so let's wait and see what can be.
There are so many speculations flying around the web as to the many scenarios that may transpire on the said date and many of these speculations are just that and nothing more. Will there be a split? Will there be a fork? Will Bitcoin fall? Can we still access our Bitcoin in exchanges after the split? There are so many questions that are calling for answers.
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dothebeats
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Activity: 3640
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Cashback 15%
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July 27, 2017, 05:38:47 AM |
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It depends on how you look at it. For me, more price drops mean more opportunities to buy cheap coins. No matter how hard the dips are, the price still tends to go up and pursue higher highs compared to where it was before. Also, the fork drama alongside other 'bad' news is great.
Wouldn't you want to buy cheaper coins?
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Xester
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July 27, 2017, 05:43:31 AM |
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Looking back on years when bitcoin when it was first launched and the time that I got to know bitcoin I may say that bitcoin is super successful right now if I will look on the price of it. It is part of bitcoin success if its price will go up or down because that it how it used to be. Bitcoin is a strong digital currency compared to any digital currency right now. It is the firs and most recognized so there is no reason for people to just leave bitcoin because of the bad news we received. It is just part of its success.
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erickkyut
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July 27, 2017, 05:49:51 AM |
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It has been a negative week in the Bitcoin/Cryptocurrency sector. So much bad news in such a short space of time. Its almost as if the universe wants to teach Bitcoin a lesson. Heres hoping we move past this stage without entering a full blown bear market for another 3 years.
What are the negative things about Bitcoin thqt happened this week? I can't a remember something negative this week. All I knowis that Bitcoin recovered from the big value decrease last month and is now back on its track. Maybe you are the negative one. |
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Kakmakr
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July 27, 2017, 05:50:51 AM |
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There is absolutely no bad news at all for bitcoin, in crypto world, almost every day brings a new drama for bitcoin. But, till now, bitcoin has proved to be awesome and has fought with every issue, always survived everything like that. So if today is a bad day in any regard, tomorrow will be a better one.  I think the OP was referring to Bitmixer closing down, BTC-e owners arrested and possible the trading platform will itself close. AlphaBay being shutdown by the government. And the feared Aug 1 date is just 5 days from now. But I agree that bitcoin has already proven its resiliency in facing this kind of adversity and will come back even stronger. It will survived no matter what roadblocks or bumps comes along the way. AlphaBay closure should not be classified as bad news. We should encourage actions like this, because it is more damaging to us that sites like this is using Bitcoin for illegal activities. The voluntary closure of Bitmixer.io is sad, because I think it did more good than bad. The BTC-e thing is still hanging in the air, but it looks like a money laundering front and that is also not good for Bitcoin's reputation. |
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xuan87
Legendary
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July 27, 2017, 05:51:20 AM |
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The negative news has been passed and this is not the first, there were a lot of bad news since Bitcoin was created, but Bitcoin still survive until now, with this obstacle Bitcoin will grow stronger and after this news Bitcoin will gained more attention and this will lead to a lot of users joining Bitcoin world
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prieaji
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July 27, 2017, 05:57:55 AM |
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This is just a bad week for all, better looking for a good one than hearing bad news. Better stock up crypto! Many merchants want to buy it.
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AK47-
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July 27, 2017, 06:00:36 AM |
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Negative news or positive news is still news for Bitcoin and it helps people awareness of the existence of Bitcoin. Negative news will not stop as its a known strategy even in real life, if you cant beat them by offering a better product, spread bad publicity to bring them down, but in the end Bitcoin is still king. Negative news is being used by those who wants to buy BTC at low or discounted price, they spread FUD and once the price is down, they buy and those who panicked loose.
I cannot agree more. For an investment asset to be successful it should be popular among masses. Any news which can bring Bitcoin in mainstream media is not bad. People will ultimately know about it and would know the success story of Bitcoin and how it has proven to be the investment today. It was indeed a month of ups and downs. But this volatility and speculations are inevitable in decentralised market as that of Bitcoin. |
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naughty1
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July 27, 2017, 06:03:18 AM |
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It has been a negative week in the Bitcoin/Cryptocurrency sector. So much bad news in such a short space of time. Its almost as if the universe wants to teach Bitcoin a lesson. Heres hoping we move past this stage without entering a full blown bear market for another 3 years.
I think this is a big event, it will mark the development of bitcoin in the future, it will not encounter any other obstacle, it will develop stably. And after that it is the whole altcoins market, they will grow strongly. |
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oegarod
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July 27, 2017, 06:03:51 AM |
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Bad news or negative news regarding bitcoin and other digital currencies is quiet common. If you go through the entire history of bitcoin's growth the way it travelled has got more negative news against it. The same has been overcome by it and has benefited the users, so we the users need to consider even the negative news in a positive manner.
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densuj
Legendary
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Activity: 910
Merit: 1000
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July 27, 2017, 06:06:07 AM |
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Many bad news about bitcoins because of still there are problem on bitcoins are like bitcoin's scaling problem, so they think bitcoins doesn't has future and it will not survive, but if the activation of segwit on bitcoin's network be succesfull, the good news will come to bitcoins and bitcoin's price will be rise. Everything depend on the activation of segwit at least for right now, and bad news will be end soon.
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cdog
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July 27, 2017, 06:07:45 AM |
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This is just a bad week for all, better looking for a good one than hearing bad news. Better stock up crypto! Many merchants want to buy it.
I agree with you Better find a coin the most popular, maybe after SEGWIT will be a lot of good news. |
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SvenBomvolen
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July 27, 2017, 06:13:59 AM |
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I think bad news was ended already. All those bad things that happened during last two weeks was just a game of speculators. Those people who wished to fall the price and buy bitcoin's cheaper got what they wanted by all this negative news, which provoked the mass panic. From now bitcoin will move just forward.
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Blamsud
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July 27, 2017, 06:44:14 AM |
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I think bad news was ended already. All those bad things that happened during last two weeks was just a game of speculators. Those people who wished to fall the price and buy bitcoin's cheaper got what they wanted by all this negative news, which provoked the mass panic. From now bitcoin will move just forward.
Bitcoin will recover after this,maybe after that August 1 speculation everything will be back to normal. Atleast my friends got the opportunity to buy bitcoin last week. We are all hoping now for the continuous increase in value. |
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