stop listening to false news

[mabell943]

Yes, you should don’t mind that person that is spreading fake news about cryptocurrency. You are just wasting your time and effort these kinds of information; instead you should spend more time in learning more in cryptocurreny.

[Umkar]

Since bitcoin is not provided with anything, its rate is not regulated in the same way as ordinary money, it depends heavily on the opinions and actions of bitcoin holders who will always use various false news about the crypto currency. Even if bitcoin rises to a very significant position, a well-planned action using false news can ruin it, because people will be afraid of losing large amounts of money invested in bitcoin and there will be enough false information to trigger panic and irreversible consequences for depreciation bitcoin. Therefore, bitcoin of great value carries a great risk of its depreciation.

[Tiktik]

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.  

That's correct stop listening to false news so you will not be influence by people who don't have much knowledge about bitcoin. Be more open-minded about the issues. A hearsay is a hearsay meaning it is not a fact. We cannot control people if they are negative about bitcoin but we can change our own thinking so we will not be influence by them.

[domerosan10]

perhaps those who spread false news are people who do not like bitcoin or those who are jealous of the development of bitcoin today. Which became famous in several countries.

[hisuka]

perhaps those who spread false news are people who do not like bitcoin or those who are jealous of the development of bitcoin today. Which became famous in several countries.

Exactly, people who believes on false news eventually might experience of loss. Better have the confidence not to get easily on panic at all because this will cause of losing your money once believing in fake news.

[senin]

False news was, is and will always be. And since the crypto currency depends entirely on demand and supply, such news will always bring significant losses to the holders of crypto currency or simply unpleasant moments through the decline of the course of various digital coins. Especially dangerous are bad news, whether real or false, when bitcoin will grow very much in its value. Due to the fact that people will be afraid to lose their significant funds in bitcoin, panic and depreciation of bitcoin can begin as a result of the appearance of each such bad news.

[CarnagexD]

Unfortunately we live in a world now where if you heard it somewhere on the Internet it has to be true. You are completely right that in the past couple of weeks there has just been story after story about bitcoin.
Funny as many big investors missed out on the rapid climb of crypto currency values. I would not be surprised if they get involved now that the value has been driven down by FUD.

It is quite hard to educate ourselves on the internet full of fake news and information that control by the government or personal experience. But I think this forum is the key for us to have the proper and right information because we all know that the system here in the forum has a good development that could help on having or posting information for us to know and for us to believe.

[Alexis77600]

the news is controlled by the states and as they do not have the hands on it is their only means to take control. Listening to news is the way to get scared for nothing most of the time

[Nick Abimanyu]

Since the first false news was there, but I never believed that bitcoin would be closed, it could also be a deliberate fake news by greedy investors who want to panic people, panic and sell bitcoins to investors.

Okay i believe your word "OP".
If that's true....
1. Why are their "Single Coins" being the "King" there?
2. During these five months why is the enthusiasm of Chinese citizens to bitcoin "ZERO"?
3. Accidents that happened between January and February why their coins don't seem to experience "anything", what power is there there?..

[hosseinimr93]

perhaps those who spread false news are people who do not like bitcoin or those who are jealous of the development of bitcoin today. Which became famous in several countries.

Exactly, people who believes on false news eventually might experience of loss. Better have the confidence not to get easily on panic at all because this will cause of losing your money once believing in fake news.

Sadly even if a news is false, it affects the price. There are some people not only do not lose money, but also take the advantages of trading. They sell their coins, despite they know the news is false and then buy again at lower prices. They get money from those who panic.

[Garret44eza]

Why just in china? I also heard india is also banning not all cryptoz but only btcs specially?

[Indai24]

perhaps those who spread false news are people who do not like bitcoin or those who are jealous of the development of bitcoin today. Which became famous in several countries.

Exactly, people who believes on false news eventually might experience of loss. Better have the confidence not to get easily on panic at all because this will cause of losing your money once believing in fake news.

Sadly even if a news is false, it affects the price. There are some people not only do not lose money, but also take the advantages of trading. They sell their coins, despite they know the news is false and then buy again at lower prices. They get money from those who panic.

These people who created these false news are the ones who have higher interest in Bitcoin, this is their strategy inorder for us people who are involve will do panic selling. And yes you are right that even if we really know that it's a false news but since majority of us are afraid to lose, so that is why we panic sell.

[kunsh]

False or fake news will be everywhere and you can't avoid that. Everyone is working for themselves and you can't do here anything. Being informed is best cure for fake news.

[hxxxiu]

I think your analysis is very comprehensive, you are very persuasive, thank you for sharing and cracking rumors.

[lyks15]

Yes I agree we should stop to listen to the false news. It is not good in business when you listen or when you read false news or any negative issue tha your business will faces. I think being positive is good to operate in our business to attract positive vibes and being motivated in your business transaction or in your bitcoin transactions. And if you are believing in false news your bitcoin transactions will be affected also. Because doubt is always there so you will be afraid to do what you want or you will be afraid to do more activity that you might earn more bitcoin just because you want a assurance that your money or capital is safe and free from any loss.

[audipituitaryF]

Banning intensity is inversely  proportional to the literacy rate about btcs. The more the literates about btc the less the banning.

[nellakarisma]

it certainly gan because I do not want to bother with the news that makes me and the bitcoiners spirit to be down after reading or hear the news.
the most important thing in my country even though bitcoin is still illegal but bnak still serve bitcoin exchange with rupiah .

[Batang Hambog]

it certainly gan because I do not want to bother with the news that makes me and the bitcoiners spirit to be down after reading or hear the news.
the most important thing in my country even though bitcoin is still illegal but bnak still serve bitcoin exchange with rupiah .

Yes. Because it really can trigger your curiousness and also can trigger you to sell your own token to lower price for example if you believe that the price of that particular token you are holding is going to dump. You should be knowledgeable for you to be good enough with this kind of asset.

[Cita1]

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

Yes fake news is all over the world sometimes true news are mistaken with fake news. my opinion is just be vigilant on issues especially when it involves in money. search forum that are authentic and can be trusted. there are still people who tell the truth.

[lebrone08]

Unfortunately we live in a world now where if you heard it somewhere on the Internet it has to be true. You are completely right that in the past couple of weeks there has just been story after story about bitcoin.
Funny as many big investors missed out on the rapid climb of crypto currency values. I would not be surprised if they get involved now that the value has been driven down by FUD.

.

You are right, some people are just rumor-monger, they go about carrying fake news about without verifying the authenticity of the news.

I think that's are the people who can't  do anything in their life, so don't  easily believe  on the news you heard or hear says  from your neighbor,  instead make your own research  to validate that news so that it won't ruin your day in the end.