BTC FUD

[buytheeffinD]

Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Yup the people who get covered on media outlets have influence over the public and can definitely sway a mind on the fence. This in turn allows them to manipulate price and therefore get a favorable price for them. It feels like

market manipulation but since there is no regulation here and that would be hard to prove it just goes like that and there is nothing we can do about it right now. Even when that Jamie CEO went and said bitcoin was stupid and

a fraud but then later that day picked up bitcoin on Sweden's NASDAQ the worst that occurred was a market abuse claim and that was that. Until we get regulation we cant hold people like this accountable for anything.

[Rahar02]

Big players or whales will remain quiet whenever bitcoin price drop back due to they are buying bitcoin, but for banksters who afraid of bitcoin potential which may harm their business will always spread missleading information and fud news about bitcoin.
I consider, calling bitcoin as a bubble as a normal thing due to its price could rise instantly within hours and will corrected in the next day, but it isn't so bad, because bitcoin could stand still and recover again in short term. What really matter is not their statements about bitcoin, but how people in this crypto-world respond to it, whether they are believe in bitcoin or intrigue to panic sell.

[tora]

There is nothing fundamental to support bitcoin price except supply and demand from traders and investors. Stock prices are supported by company results. Fiat currencies used to be supported by gold assets by countries. Every item that can be traded can be have its value manipulated.

[Vatimins]

Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Oh well, what can i say? Another day at the job.

Clearly, some of these guys talk crap about Bitcoins because they are jealous with the early adapters and are too afraid to jump in themselves. That is why they wanna take as many people as they can to their miserable state or break bitcoin so that no one can benefit from it. Another reason is that they want the price to go down because they, themselves want to invest or ar investors on dips. Another is because their businesses are mostly ran by fiat and banks. This threatens their businesses.

Those are the only main reasons i can think of. Or maybe some just wanna troll.
But whatever the case, I ain't leaving the crypto world. Most specially bitcoin.

[spngebob]

Oh well, what can i say? Another day at the job.

Clearly, some of these guys talk crap about Bitcoins because they are jealous with the early adapters and are too afraid to jump in themselves. That is why they wanna take as many people as they can to their miserable state or break bitcoin so that no one can benefit from it. Another reason is that they want the price to go down because they, themselves want to invest or ar investors on dips. Another is because their businesses are mostly ran by fiat and banks. This threatens their businesses.

Those are the only main reasons i can think of. Or maybe some just wanna troll.
But whatever the case, I ain't leaving the crypto world. Most specially bitcoin.

I think you missed my point here, it is not about someone being jealous, I am talking about market manipulation caused by bankers and very rich and influential people.
I am pretty damn sure oil billionaire isn't jealous

[illinest]

If you think that bitcoin is being attacked now then wait like 5 years more. The only way to fight against this is to spread awareness and knowledge and I believe this is why we have this forum in the first place. If people really understand how bitcoin works and what is it really about, I doubt anyone will ever sell again or take what a CEO of a bank will say.

The problem is the nature of technology adoption (the S-Curve). It basically means that most users are newbies and don't understand the technology. This time window we are currently in is the prime time for attackers to try to take over the protocol (XT, Classic, BU, Bitcoin Cash and now Segwit2x). They are taking advantage of the fact that most people don't understand why Segwit2x -- and backroom deals and businesses leveraging their users against consensus -- are a problem. And now they are moving forward with the attack.

They were never able to gain consensus before forking (see XT or BU), so now they'll fork and try to force users' hands through high difficulty on the legacy chain + miners forking. If they succeed in co-opting Bitcoin, I think we'll see a lot of Core developers leaving for other projects. I'd be excited to see where they go..... that's the one upside.

[erox]

Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

I completely agree with you. China is often spoken about the ban, when the price peaked, and after the price falls again China is softening its position.

[patt0]

Has anyone noticed every time bitcoin increase its value some of the big guys come to say how bitcoin is bubble, people don't know what they are doing, people will lose money and so on, and every time bitcoin decreases its value they all become quiet?
In my opinion they are all big manipulators and no one should pay any attention on what they say.

Of course they are. Bitcoin hurts them because it interferes with their line of business, and it takes away many of the power and control they possess right now. They have all the reasons to try to manipulate the population, in pathetic attempts to keep the price low and shut down bitcoin. The think is, that no one really pays attention to them, and for all that is worth, they are just proving that BTC is huge, and it has a great future ahead.

[crypto_Butterfly]

I believe they are big investors who create those FUDs, they just want to buy BTC at low and then sell at high.

[subSTRATA]

I believe they are big investors who create those FUDs, they just want to buy BTC at low and then sell at high.

dunno about that one, there's only so much that people can do spreading fud, especially without being in a position of power and influence. when i say this, im referring to the recent events that have happened in the past few months. when the ceo of jp morgan spoke about bitcoin on september, the price of bitcoin dropped a bit. same with what happened when the chinese government moved to ban ico's. these aren't just wealthy investors and groups, these are people (and governments) in positions of influence, and their word carries as much, proven by the effect it had on bitcoin's value shorty after. im more inclined to believe that most of the individuals who try to spread fud here on the forum are just newbies that panic at every price dip honestly.