Can FUD destroy bitcoin?

[Tigorss]

yes of course you can, that is one of the things that mebuat declining bitcoin prices, from FUD, which resulted in people believe with such news when not necessarily the truth

[Adamant06]

No matter how guinue the FUD sounds it will never destroy bitcoin but it can only make the price to drop. Most of knows the truth about bitcoin.

I don't think FUD can destroy bitcoin. I agree FUD can only make the  bitcoin price drop. As some negative and not open-minded people spreading of false or misleading information with the aim of undermining confidence in a project. We all know that the term is popular in cryptocurrency circles, and for good reason. A lot of the critiques of bitcoin in the mainstream media over the years certainly smack of FUD. Setbacks such as a sharp price correction or a government writing burdensome regulations are often exaggerated as fatal blows.

[LogitechMouse]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

Absolutely not. The price of bitcoin and cryptocurrency as a whole depends on the investors and not in the FUCKING FUD's. FUD's are not affecting all of the investors but it only affects dead woods or the ones who has weak hands saying "OHHHH FUCK I SAW A NEWS ON BITCOIN SAYING IT WILL CRASH. TIME TO SELL MY BITCOIN". Weak hands will leave the crypto world while the strong investors will remain and will be a successful in the future.

[Ariess]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

not at all
FUD does not destroy bitcoin until now unproven. if true destroy, give me the proof. you can try to learn the history of bitcoin from the first created to date. of course the various FUD in attack on the bitcoin in the accompaniment with the ban and hacking. but bitcoin to date still has a value that is quite expensive.

[BitcoinGirl.Club]

In an indirect way it can destroy peoples bitcoin spirit and because not all bitcoin user's are based on forums or are usually reading all the FUD being spread it leaves some hope of bitcoin seeing another day. But lets face it, pro traders use fud to score themselves some cheap crytpo coins.

[Palider]

Nope, FUD cant destroy bitcoin because we all know that it is just a FUD however FUD can affect bitcoin's price not only bitcoin but the whole crypto, also FUD can affect the mindset of weak minded investors/holders they might sell their coin due to panic not knowing that the news are not true. This is why we must not spread any FUD and stop them from spreading.

[kiemponxs]

No, FUD is not going to destroy bitcoin, even though a lot of FUD right now, it just keeps the bitcoin price down. but with its diminished FUD to bitcoin, bitcoin will definitely go back up and grow even higher.

[supermine]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

It can affect the rice of bitcoin and other crypto currencies but it will not destroy the bitcoin because still there are lot of true believers on bitcoin technology and its potential so there will be some support from the bitcoin community which holds the bitcoin.But it will create the temporary bump and dump in the bitcoin price.

[Javanewstar]

FUD will only affect the price of bitcoin in the short term.
But in the long term, bitcoin will not be affected by any news.

[sidodadii]

I think not, because FUD is just part of the strategy of the whale to get bitcoin at cheap price, FUD will not make bitcoin destroy, from the first after FUD after some time the market could bounce back again, now we are as a trader should be smarter further exploit opportunities is in the market.

[maianh09]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

FUD cannot destroy Bitcoin, FUD can make Bitcoin difficult and go down quickly, but it can not destroy it. I believe many big investors will not care about FUDer because they know that if it goes down, they can buy at lower prices instead of worrying and selling them all.

[buwaytress]

It can be distressing to read the headlines... but rest assured, the FUD was a lot more harder to handle when the world (and the press) were just getting to grips with Bitcoin. Perhaps to newcomers, the news of illicit use, money laundering, terrorism financing are crucial shortfalls that seem to imply risk to owning Bitcoin, but these were the very same issues that cropped up years ago, and somehow seem to return in cyclical fashion. Check the old posts here from 2012 especially.

The FUD isn't new, it isn't fresh. It certainly hasn't destroyed Bitcoin. If anything, every wave of FUD seems to only make it stronger.

[coinycoiny]

Fear, uncertainty, doubt.

To a fanboi (that's 90% of this forum) then anything negative about bitcoin is labeled as fud, so when btc dies, from a fanbois perspective it will be due to fud.

From a more rational perspective the death of btc will be seen as a logical conclusion to a hyped up bubble.

So there you have it, it's impossible to answer this question as it depends on the individual what fud is or isn't.

Note: If you're reading this post and you're feeling angry about my view then you are almost certainly a fanboi and are incapable of having an objective opinion on btc.

[magneto]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

FUD in itself is only a measure to try to trigger an emotional response from traders to get them to sell bitcoin. So yes, if the FUD is big enough/well achieved enough, then it can definitely result in BTC prices tanking. But most of the time FUD is only a catalyst, not something that caused the price to start decreasing in the first place. Take for example FUD generated from crypto ad bans, on the surface it may seem like that's what caused the BTC prices to go down from its peak, but in reality, it only quickened the process of the bubble bursting.

But over the long term, I don't think FUD will "destroy bitcoin".

Bitcoin first of all cannot be destroyed. It is a decentralised p2p network which means that as long as people are using it, it's going to be "alive". Secondly, FUD relating to bitcoin usually dies out extremely quickly, and FUD is at its highest points when market sentiment is pessimistic which is definitely not all the time.

[Wendigo]

Fud is a clever instrument for price manipulation and the people utilizing it are very adept at controlling the feelings of the masses. So when a quick pump & dump is needed some new fud pops up and the sheep follow blindly haha. Don't be sheep guys wise up 

[jimmydvd]

In my opinion bitcoin can not be destroyed by FUD because bitcoin is a system that does not know FUD so if according to my view continue to preach about positive things about bitcoin that much advantage if we use it.
Thank you.

[ballerin and giroud]

Not all people who have invested in cryptocurrency is stupid person, maybe some investor who don't have knowledge about cryptocurrency he will believe that. So, the FUD wouldn't make the price bitcoin distroyed, it's very imposible. If investor who have knowledge about cryptocurrency and he get information the he will reviewing the truth of the news (FUD or not). But a person who don't have knowledge about investment in cryptocurrency they will believe instantly and will sell his investment.

[sheenshane]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

FUD cannot destroy Bitcoin, FUD can make Bitcoin difficult and go down quickly, but it can not destroy it. I believe many big investors will not care about FUDer because they know that if it goes down, they can buy at lower prices instead of worrying and selling them all.

I think FUD make an effect about 20% of bitcoin price movement but that is not totally accurate, old investors are more than the newbie investors so if newbie are do panic selling while those old investors investing while the price is down. So at this moment even though how many FUD's news broadcast by the media bloggers is, still, bitcoin exist due to decentralized and that asset people trust bitcoin and embrace.

[vv181]

Somehow it can completely affect the market condition because the truth is many Bitcoin traders/investors are still lack understanding of Bitcoin as a financial asset, and we must respect that Bitcoin is yet still a highly speculative asset. But for completely destroy BItcoin as the whole term it would be impossible.

[Lan75]

Many of the FUDs circulating about bitcoin seem to indicate the scouring of bitcoin users' trust on bitcoin so bad perceptions of bitcoin, especially for new users and selling bitcoin, which seems deterrent to use bitcoin, will the price of bitcoin be destroyed by FUD, How do you react to it?

FUD certainly had an effect on the cryptocurrency i think because there people who just can't withstand negative news resulting to panic selling which in turn could make them lose money. FUD can affect the market but it can't destroy bitcoin.