stop listening to false news

[Bosmuda]

They did that to make the market crashed and people who don't have experience in bitcoin trading they will do a panic sell. They doing this to have bitcoin in cheaper price. I think its common in forex and stock market. Thats why news became one of the most influenced indicator to pick decision.

[Images21]

There are bad news everywhere. And the majority of these news are not actually true. That is the reason why Bitcoin is suffering more than it should all because of these fake news. And if the news are true, the rumor-mongers and shallow-headed spreaders of FUDs will only blow out the news out of proportion to look like there is really something terribly wrong with Bitcoin even the issue involved is a simple one. The truth is that Bitcoin is all right. Bitcoin is as healthy as it should be. Dipping in value is normal. So if we see a red Bitcoin chart, there is really nothing to worry about.

[Matildada]

The current "crash" is caused by one bad "news" after another.   A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto".   What the...    Why is it causing another crash??  Why is it even "news"?

It was already banned in China back in September 2017.   All trading platforms suspended trading in September.   Anyone from China who still trade Crypto must be using foreign platforms.   Sure, they reported that China added all crypto exchange sites to Great FireWall.   So what?  These people have VPNs!   When I was in China, everyone who visits foreign sites use VPNs.   Yes, China banned VPN as well a long time ago.   So what?  Everyone is still using it.   Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth!   Just because it is "illegal", does not mean no one will do it.   

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).   Do not fall for it!
1.  Summer 2017, China banned ICO.
2.  September 2017, China banned crypto trading.
3.  November or December?  China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4.  January 2018.  China banned websites of foreign crypto exchanges. (VPN!!!)
5.  Today, "China Full Ban Crypto"...  (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??


Stop spreading this nonsense.    What's done was already done in September 2017.   Nothing has changed ever since.  NOTHING really changed in the last 4~5 months.  

Yellow journalism at its best.  


Same goes for Korean and Indian news.   South Korea did not really ban crypto.  Just one guy wanted to ban it.  It was not approved, nor implemented.   So far they have only added regulations that people can no longer trade anonymously.   So what?   Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?  

India also did not ban crypto.  Just a minister made some unfriendly speech toward crypto.  No real "ban" whatsoever.  

From the look of it, someone or some groups are trying hard to make the prices go down.   The sad thing is, people are falling for it.   The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened.   Korean news was used on at least 2 occasions.    

The bottom line is, let's just ignore all the stupid "news".   Use our brains.   Not hearsay from yellow journalism.   It is getting annoying to have every little "news" to impact the market price.  

Yes, the moment bitcoin came along, it was full of bad news about bitcoin. Many of these bad news are false, some people spread false bad news in order to gain benefit. When we hear bad news, don't panic. Learn to tell the truth about bad news.

[Ocherill]

That's not false news. I support china in this case as they have keen vision to understand that these volatile currency are risky for their economy

[yj300316]

Yes you are true, the false news or fud that spread is only making the community suffer.
we must create the community that support bitcoin and other cryptocurrency world.

[YzzyGo]

I think the common individual can look through the obvious FUDs. Problem is when "people" started to react to the same thing and, per a bandwagon effect, most follow.

[candra raditya]

The current "crash" is caused by one bad "news" after another.   A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto".   What the...    Why is it causing another crash??  Why is it even "news"?

It was already banned in China back in September 2017.   All trading platforms suspended trading in September.   Anyone from China who still trade Crypto must be using foreign platforms.   Sure, they reported that China added all crypto exchange sites to Great FireWall.   So what?  These people have VPNs!   When I was in China, everyone who visits foreign sites use VPNs.   Yes, China banned VPN as well a long time ago.   So what?  Everyone is still using it.   Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth!   Just because it is "illegal", does not mean no one will do it.   

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).   Do not fall for it!
1.  Summer 2017, China banned ICO.
2.  September 2017, China banned crypto trading.
3.  November or December?  China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4.  January 2018.  China banned websites of foreign crypto exchanges. (VPN!!!)
5.  Today, "China Full Ban Crypto"...  (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??


Stop spreading this nonsense.    What's done was already done in September 2017.   Nothing has changed ever since.  NOTHING really changed in the last 4~5 months.  

Yellow journalism at its best.  


Same goes for Korean and Indian news.   South Korea did not really ban crypto.  Just one guy wanted to ban it.  It was not approved, nor implemented.   So far they have only added regulations that people can no longer trade anonymously.   So what?   Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?  

India also did not ban crypto.  Just a minister made some unfriendly speech toward crypto.  No real "ban" whatsoever.  

From the look of it, someone or some groups are trying hard to make the prices go down.   The sad thing is, people are falling for it.   The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened.   Korean news was used on at least 2 occasions.    

The bottom line is, let's just ignore all the stupid "news".   Use our brains.   Not hearsay from yellow journalism.   It is getting annoying to have every little "news" to impact the market price.  

Yes that is true, negative news will only make us become confused and too panicked. We must have confidence that bitcoin will make the future better, so that our steps in bitcoin are not easy to falter.

[Bellator]

The current "crash" is caused by one bad "news" after another.   A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto".   What the...    Why is it causing another crash??  Why is it even "news"?

It was already banned in China back in September 2017.   All trading platforms suspended trading in September.   Anyone from China who still trade Crypto must be using foreign platforms.   Sure, they reported that China added all crypto exchange sites to Great FireWall.   So what?  These people have VPNs!   When I was in China, everyone who visits foreign sites use VPNs.   Yes, China banned VPN as well a long time ago.   So what?  Everyone is still using it.   Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth!   Just because it is "illegal", does not mean no one will do it.   

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).   Do not fall for it!
1.  Summer 2017, China banned ICO.
2.  September 2017, China banned crypto trading.
3.  November or December?  China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4.  January 2018.  China banned websites of foreign crypto exchanges. (VPN!!!)
5.  Today, "China Full Ban Crypto"...  (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??


Stop spreading this nonsense.    What's done was already done in September 2017.   Nothing has changed ever since.  NOTHING really changed in the last 4~5 months.  

Yellow journalism at its best.  


Same goes for Korean and Indian news.   South Korea did not really ban crypto.  Just one guy wanted to ban it.  It was not approved, nor implemented.   So far they have only added regulations that people can no longer trade anonymously.   So what?   Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?  

India also did not ban crypto.  Just a minister made some unfriendly speech toward crypto.  No real "ban" whatsoever.  

From the look of it, someone or some groups are trying hard to make the prices go down.   The sad thing is, people are falling for it.   The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened.   Korean news was used on at least 2 occasions.    

The bottom line is, let's just ignore all the stupid "news".   Use our brains.   Not hearsay from yellow journalism.   It is getting annoying to have every little "news" to impact the market price.  

Since we are here in this crypto world we know the reality and knows bitcoins potential,whatever country will do to all cryptos it might affect crypto currency to be legalize in some countries but there are some places that are bitcoin friendly so we must focus on that..who knows maybe in the future if progressive countries would lead the way  and some countries might follow and bitcoin would live for long as it already proven through some trials and consequences bitcoin has survive.Lets be positive and ignore those fake news because as the blockchain teachnology has become more hi tech pretty sure we can secure our bitcoins well.

[icaica22]

in September 2017 China banned crypto trading what's the point?
Only the government forbids crypto but chinesse people love to trade crypto so every time prohibit or not people are not affected fake news, ignored by it and just do what they like.

[semutracing]

Due to this repeated fake news, the price of bitcoin has been continually decreasing. This result to a lot of panic selling, due to this FUD. They believe and then share this news creating a cascading effect.

Due to this negative or false news, people doubt the existence of bitcoin and this is also the reason why some people stop investing in bitcoin. We should not let these people crash into bitcoins. We should not listen to them about the false news they are spreading but rather believe in bitcoin because so many people want to lower bitcoin. This is the reason why people are spreading false news about it. They think that this is a way for bitcoin to die but in my opinion no, bitcoin will continue to strengthen because bitcoin is the first digital currency used by the global community

[Nomadiens]

some thing this is destroying bitcoin isn't good such Spread FUD its really bad even in normal life . so I don't concentrate. the main purpose why bitcoin is crashing is because of the FUDS spreading throughout the net and the simplest folks who are doing this are the folks that hates bitcoin and seeing that many are very emotional (fuck the emotion), they'll panic sell and to be able to be the time that the charge of bitcoin can be crashing.

[krayzie32]

The current "crash" is caused by one bad "news" after another.   A lot of them are the false or twisted truth.

For example, today, once again "China Full ban crypto".   What the...    Why is it causing another crash??  Why is it even "news"?

It was already banned in China back in September 2017.   All trading platforms suspended trading in September.   Anyone from China who still trade Crypto must be using foreign platforms.   Sure, they reported that China added all crypto exchange sites to Great FireWall.   So what?  These people have VPNs!   When I was in China, everyone who visits foreign sites use VPNs.   Yes, China banned VPN as well a long time ago.   So what?  Everyone is still using it.   Just like ignoring the traffic light is illegal in China, but at every intersection, you will see people ignore the red lights... the truth!   Just because it is "illegal", does not mean no one will do it.   

So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).   Do not fall for it!
1.  Summer 2017, China banned ICO.
2.  September 2017, China banned crypto trading.
3.  November or December?  China became unfriendly to crypto mining (Large-scale miners moved oversea already)
4.  January 2018.  China banned websites of foreign crypto exchanges. (VPN!!!)
5.  Today, "China Full Ban Crypto"...  (Really?)

So what is next?
"China really ban crypto"?
"China really full ban crypto"?
"China really really full ban crypto"
"China will jail anyone who trades crypto"
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"??


Stop spreading this nonsense.    What's done was already done in September 2017.   Nothing has changed ever since.  NOTHING really changed in the last 4~5 months.  

Yellow journalism at its best.  


Same goes for Korean and Indian news.   South Korea did not really ban crypto.  Just one guy wanted to ban it.  It was not approved, nor implemented.   So far they have only added regulations that people can no longer trade anonymously.   So what?   Didn't Coinbase, Kraken, Bittrex etc. US-based platforms all require our IDs and photos?  

India also did not ban crypto.  Just a minister made some unfriendly speech toward crypto.  No real "ban" whatsoever.  

From the look of it, someone or some groups are trying hard to make the prices go down.   The sad thing is, people are falling for it.   The same China "news" was used on 5 occasions to cause the market crash while nothing was really changed or happened.   Korean news was used on at least 2 occasions.    

The bottom line is, let's just ignore all the stupid "news".   Use our brains.   Not hearsay from yellow journalism.   It is getting annoying to have every little "news" to impact the market price.  

I totally agree with your opinion. there are too many fake news in the market and there are also many Sharks and Whales dump coins to buy with low price. I think that you have to research carefully when reading bad news.

[OrangeII]

Yes you're right. there is so much fake news from the internet. even that could drop the bitcoin price. many people panicked with the false news, and sell their assets in large numbers. I think, before believing in any information, it must be in search of truth.

[cerebro415]

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.

[cryptonoel]

I agree that the fake news was made by some people who want to crush bitcoin. They want to crash bitcoin because they don't know the value of bitcoin. Never listen to fake news but it is hard to know what is the fake news and what is the truth.

[tuikindu01]

I never believed that bitcoin would be shut down.

Because the fake news caused panic selling, it was bad for bitcoin and most of us.

[baduday1991]

This fake news propogate by some people who want to crush Bitcoin just to buy it in smaller price.

Those fake news are the plans for those whales or rich people out there. Yes you are right they want to crash the market so they can buy on dipped especially on Bitcoin so they can position perfectly well sad to say that is what really happened because there's a lot of newbies/weak hands here in crypto world wherein they totally got feared when the market was going down.

[BeGoods]

actually china just wants to disturb the crypto community
they are looking for the best point to buy BTC
then sell it when normal,
and they release the news again, then buy another BTC
so on and on
until the news has been prepared for the next 1000 years

FUD, fake news, speculation, and hoaxes are a normal thing happening in online business. anyone can do that and their have different goals for this, maybe to make crypto market chaotic or something like that. I think users should be smarter in responding it. do not easily believe and do not easily panic because it will make the market go awry and just make you lose, as happened some time ago when news of bitcoin ban became very popular because it was spread by anyone...

[pelipurlara]

This advise applies not only in the cryptocurrency market, but in all other sections of the news. People shouldn’t believe everything they read in both mainstream and social media. Learn to fact check or confirm in other media outlets before sharing the good or bad news.

not everything on the internet is true because some of those who publish articles are not at all reliable. If you really want to know more about certain things, I think it's best if you do your own research and analyze the existing facts given by reliable sources. The media has been a trusted news for us for a very long year. They have given us some updates about what's hot and not. But for me, we can not depend on them when it comes to news about other bitcoins and cryptoes. Despite having a good research team, this media company is governed by the government. Social media is also not a trusted news source on this topic

[Ashimwe]

All these fake news and fud are normal in health market, they lead to a correction which gives others an opportunity to buy, besides I think they planned to give whales more shares in the market by buying cheaply, I personally hodl, even in these times