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Author Topic: Stop Listening To False News...  (Read 2791 times)
rafi035
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May 11, 2018, 08:19:28 AM
 #361

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.
I am still convinced to believe in investing in bitcoin and many more investors who believe in bitcoin, bad news makes investors panic I think it is not necessary if we believe with bitcoin in the future very profitable
ppifvtpu
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May 11, 2018, 08:23:00 AM
 #362

The present encrypted world passes a large number of false messages through the telegraph group and other social media every day, and some of the news has not been confirmed in the community, which often hurts the investor's enthusiasm.
thegreatdodoy
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May 11, 2018, 08:39:44 AM
 #363

yes  because listening false news can influence your decision and may lead you to a wrong choice of investment
lukex
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May 11, 2018, 08:51:33 AM
 #364

Right, let's not panic today and HODL. Prices will recover soon - with even better news.
Rooster101
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May 11, 2018, 01:08:37 PM
 #365

Because BTC is so popular, people will try to find all the news about BTC!

Many investors are unable to tell the truth of the message, and some people are spreading false news just to scare people into selling their encrypted currency!

Be good at analyzing any message and make a deal when your mind is clear!


Many people can also deceive by reading the news headline only without going to the entire content. Many headlines are misleading and do not carry the real message of the news so it better to read the content before making a judgement. Furthermore, it also better to research the source of the news or report to find if it is a genuine or a polluted one.
St4yInTh3D4rk
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May 11, 2018, 01:13:10 PM
 #366

Because BTC is so popular, people will try to find all the news about BTC!

Many investors are unable to tell the truth of the message, and some people are spreading false news just to scare people into selling their encrypted currency!

Be good at analyzing any message and make a deal when your mind is clear!
Most of the news were intentionally created by the bitcoin haters to bring down the price of bitcoin and whales are also want to manipulate the prices through the news about cryptos.But not only the newbie investors sometimes the professional traders are also trapped by these false news and start losing their money.So we need to stop hearing about them to save our money.

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Sihab76
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May 11, 2018, 01:17:53 PM
 #367

Yes many scammers spread the false news about cryptocurrency and there marketing caps. But everyone should dams this news. No false news, no scams.
RakknRoll
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May 11, 2018, 02:49:54 PM
 #368

Yes, stop listening to false news because it can fool you because of confusion what is truth behind of this issue and everything in that news is not good at all to be heard because all of details are false.
vnnbot
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May 11, 2018, 04:18:39 PM
 #369

This is the right advice, but also the news can help you earn! As a rule, news is created in the way that large players need to manage the market, so you can sell negative news and buy positive ones)
renggileh
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May 11, 2018, 04:25:53 PM
 #370

The major attacks we always get in bitcoin that always lead to crash in price is always cause by rumors and fake news all around and in most cases is the newbies that are usually hit hard because their are novice and will always rush to sell they bitcoin as soon as they hear any bad news without even waiting to confirm either the news is real or just FUDS spreading false news in other to affect the Price of bitcoin negatively.
Teh-pucuk
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May 11, 2018, 05:07:09 PM
 #371

Yes we are right as bitcoiner not to go directly with the issues that are not necessarily true that can lead to falling prices of bitcoin in the market.
we as bitcoiner should be able to deal with calm not to get hooked on the issue. if the price falls we must believe the price will definitely rise again .

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tambok
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May 11, 2018, 05:13:02 PM
 #372

Yes we are right as bitcoiner not to go directly with the issues that are not necessarily true that can lead to falling prices of bitcoin in the market.
we as bitcoiner should be able to deal with calm not to get hooked on the issue. if the price falls we must believe the price will definitely rise again .
For me, it is fine to know the true reasons for the price dumping and pumping whether negative or positive for us to get updated, but it is important as well not to affect our emotion no matter what news we are about to read or to watch, just make it a tool in your conclusion in doing investment or holding.
ICODA
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May 11, 2018, 06:34:49 PM
 #373

Fake news influencing rate more than true...
Bitexpert2017
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May 11, 2018, 06:39:45 PM
 #374

This is the wrong doing of the crypto whales to spread the fake news in order then to be the most biggest bitcoin holders in the world, and they can even control the price on it.
santiPOGI
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May 11, 2018, 06:42:42 PM
 #375

false news or fud will get you into a chance that you will never get.
if you are onto this FUD is nothing and will hold till everything is ok!
this is true ! just hold for now!
dimonstration
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May 11, 2018, 06:46:33 PM
 #376

false news or fud will get you into a chance that you will never get.
if you are onto this FUD is nothing and will hold till everything is ok!
this is true ! just hold for now!
this is not good and not safe to make it long we should and we must make some way how we can avoid to not read some fake news about bitcoin but even we can read this for this is depends on us if we believe on it if this is true or not.
eashikde
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May 11, 2018, 07:05:24 PM
 #377


Only reliable sources are needed, false information spoils to the final stage of the relationship to the digital currency. Only proven sites and information will succeed
LeaderAMB
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May 11, 2018, 10:32:37 PM
 #378

I still don't knew why there are still people who easily believe in a fake news ,what my point is when we become part of this community we should know first what are the pros and cons here. Before anything else dig deep about the news that been spread if how reliable it is before the damage will be done.
Maybe all sort of news are attractive with some. Moreover, as you know most of people both feel fear of bitcoin downing price. They completely can’t control their emotion as well when they firstly get the news of downing. Then their emotion is continueing affected by bad news, I mean faked news. There is no doubt that when we are in panic, we usually make a wrong decision. Honestly, when one is often affected by bad news, he is probably addicted and strongly believe in those faked news.

Peashooter
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May 12, 2018, 07:25:51 PM
 #379

Yes, of course we don't have to listen to the wrong news let alone want to drop bitcoin and seek news of bitcoin.
I don't have time to listen a fake news cause it is useless it cannot help you to gain. Search some reliable news about in bitcoin the helpful news that teach to gain your investment and knowledge about in cryptocurrency.
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May 12, 2018, 07:28:52 PM
 #380

yeah, many fake news are coming to make bitcoin are going down, and thats a people who don't like the future or potential of the bitcoin itself
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