totol05 (OP)
Jr. Member
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Activity: 56
Merit: 7
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April 08, 2018, 04:43:10 AM |
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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"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
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.
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Nissan-GTR
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Activity: 339
Merit: 102
The Exchange for EOS Community
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April 08, 2018, 04:51:22 AM |
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Well that's Media for you spreading false rumor's just to destroy the reputation of bitcoin so they can hog all the bitcoin value.
I agree with this, stop being into their bait, before you believe in certain news better to know if this from a reliable source, channel or even sites, some people used to brainwash us from believing in this currency, I didnt understand why but on the contrary scams were present here we just have to accept it cause its part of our life what we need is to lessen it. |
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Df9898
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Activity: 196
Merit: 0
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April 08, 2018, 04:59:45 AM |
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Yes, of course we don't have to listen to the wrong news let alone want to drop bitcoin and seek news of bitcoin.
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Meraki
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April 08, 2018, 05:08:53 AM |
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well it is hard to know whether the news is true or not, because we all know that there are alot of news and article here in social media and in the net. But please if you plan to share news to others either postive or negative check first if your source is reliable and they speak the truth.
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aakriti
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Activity: 168
Merit: 10
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April 08, 2018, 05:10:56 AM |
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Not only media also big investor who cash their profit and sitting a side to buy cheap price Bitcoin are spreading fake news to crash the Crypto market and they are success till now. We will sell our Crypto at lower price and big fish will buy them again crypto market will go up and we will buy again at higher price.
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Getcoinsite
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April 08, 2018, 05:11:33 AM |
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Thats how media works.they dont care whats the impact or what would their news brings,they dont even bother to seek for the real issue or if this authentic or not but whats theyre concern is how many viewers or subscribers will they gain ,this means popularity and money to them..
What we need to teach here is the users or members that dont trust just by what's issues coming out,we are responsible to research about all of this for our own concern
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Herbert2020
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Merit: 1137
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April 08, 2018, 05:14:18 AM |
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So just this (one) news of China banned Crypto, it was repeatedly used to crash the Crypto market (4 or 5 times).
from what i have seen the price crashes are going to happen with or without the FUD. for example when the China FUD came out, each time it was time for a drop and it would have happened without it. the difference was that with the FUD the drop became bigger only because the time was right. also if you look at all the news you can see China was cracking down on exchanges (the thing everyone was calling bitcoin ban) for about 2 years now. so why did it only cause a drop/crash in certain times?!! |
Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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Hexah
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April 08, 2018, 05:16:10 AM |
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The next FUD will say that China has no energy now to mine crypto, quit crypto as soon as possible, FUDs will come all over place but it is in your faith itself if you wouldn't trust the future of money.
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julielyn
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Activity: 186
Merit: 0
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April 08, 2018, 05:17:29 AM |
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Well that's Media for you spreading false rumor's just to destroy the reputation of bitcoin so they can hog all the bitcoin value.
Yes, we should not listen to false news should we take into account the steps we will take before we can later in the end because you believe in false news about bitcoins that are not so good or scum that bitcoin should be reseachable when losing your trust in bitcoin will be happy with bitcoin defenders if you know what I'm doing right for you just because I do not believe in false news about bitcoin. |
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JinCrypts
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Activity: 170
Merit: 10
Earn with impressio.io
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April 08, 2018, 05:19:17 AM |
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This is how media really works they news but not all of the are credible. This is why we the readers must know whether the article is true. We must know to be wise and not to believe what we read in the internet however we cant stop those who are short minded person who just believe what they read about. But we must clearly stop spreading and believing fake news because it affects the price of the market.
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GideonGono
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April 08, 2018, 05:21:35 AM |
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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"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
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.
Well this is accurate though this is how media works they tell false instead of truth and yes stop listening to false news it can cause some negative effects such as the what so called panicking. And these news can have an impact both positively and negatively effect on the price of bitcoin. |
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PpaatToupee
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Activity: 26
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April 08, 2018, 05:23:34 AM |
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I don't think that countries banning Bitcoin would really have a long term effect on price especially since people are surely able to look for ways to continue in trading/buying Bitcoin.
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boybitcoin
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April 08, 2018, 05:41:50 AM |
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These are all true, that they might crash bitcoin, but whatever happens to bitcoin, i think bitcoin will still stand the way it is, bad news and good news are always present in everything, specially in bitcoin/digital currency.. but the important thing is that we are not affected by those bad news that are present, because it May affects us, generating FUD and maybe discourage us also
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Loveboard
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Activity: 84
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Cointrade - Bringing crypto trading to the people!
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April 08, 2018, 05:46:06 AM |
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Just because people can illegally buy bitcoin in China, doesn't mean that it's fake news that China banned BTC. The Chinese government really did ban crypto, and now they're going after crypto mining. That's just facts. People will still be buying, exchanging, and mining bitcoin and other cryptos, yes, but those will be purely illegal activities.
There's more FUD to come, and it's not fake news. google adsense is banning fake and scammy crypto ads by June, which means you'll have to be accredited and go through hoops to be able to place a crypto ad on adsense, twitter, and MailChimp.
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Cointrade - Bringing crypto trading to the people! (https://cointrade.es/)
Pre-ICO "April 8th, 2018" |
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bolbau
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April 08, 2018, 05:55:16 AM |
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yes, as a community especially in this bitcointalk, I am very sure we will not be easy to believe with the false news. but the problem is related to other bitcoin users who are still lay and have not understood the dynamics of cryptocurrency that is going on. it is very difficult to align one thought from all bitcoin users. out there are still found many people who easily panic and impatiently sell their assets and leave the bitcoin.
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S4roZa
Newbie
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Activity: 107
Merit: 0
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April 08, 2018, 06:09:29 AM |
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The fake news was confusing and even made crypto market participants frightened and lazy to buy bitcoin, let alone news about China and India banning and closing both sites so bitcoin prices are now falling sharply. We must be wise to deliver false news that deliberately makes everything go awry, the crypto market is currently being dropped with fake news.
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fokinlipat
Jr. Member
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Activity: 187
Merit: 2
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April 08, 2018, 06:26:20 AM |
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First of all this post looks very suspicious to me as you are quoting quite old information here. Like you said that the minister said against bitcoins in India. It is 2 months old news . Recent news is that the primary bank there, RBI has asked all the banks and entities to end their relations with Indian crypto exchanges.
This means that the users registered on these exchanges will not be able to add or withdraw there money. The day it was announced, there was huge panic among the users and prices dropped by 30 5 for all coins.
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hardtargetbtc002018
Newbie
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Activity: 173
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April 08, 2018, 06:49:55 AM |
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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"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
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, listening false news can't help you to grow your investment but instead it will bother your mindTV. The best thing you should do is to stay focus of what you have started and listen only to your trusted friends or websites. |
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flower1024
Legendary
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Activity: 1428
Merit: 1000
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April 08, 2018, 06:57:08 AM |
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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"[IMG]
"China will jail anyone who trades crypto"[IMG]
"China will execute anyone who trades crypto"?
"China will nuke every country who trade crypto"[IMG]??
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.
Well this is accurate though this is how media works they tell false instead of truth and yes stop listening to false news it can cause some negative effects such as the what so called panicking. And these news can have an impact both positively and negatively effect on the price of bitcoin. I agree people easily believe the false news and take wrong decisions, But Indian governament took some strong decisions against the cryptocurrency. a few days back Indian deputy governor made press meet https://economictimes.indiatimes.com/wealth/personal-finance-news/blanket-ban-on-bitcoin-rbi-asks-banks-not-to-allow-buying-cryptocurrency/videoshow/63629506.cms. |
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Jones chen
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April 08, 2018, 07:00:51 AM |
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Bitcoin brings us different ideas. It is an innovation that resists monetary easing. You will see its value in the future, we should not be affected by negative news
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