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Author Topic: Can FUD destroy bitcoin?  (Read 1589 times)
Aryadwipanggah (OP)
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April 09, 2018, 03:47:49 AM
 #1

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?
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April 09, 2018, 04:48:12 AM
 #2

no!

and the reason is very simple. FUD is not affecting everyone! it is always falsified information to create fear uncertainty and doubt in the market but it will only create such feelings among certain group of people who don't understand what is happening. we usually call them "newbies" or "panic sellers". they are not all the market, in fact the rest of the market is enjoying this group because they are the way to make profit easily and big time.

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April 09, 2018, 05:09:40 AM
 #3

It matters how big the FUD is, who is spreading it, and who is believing it. If the FUD is big, something along the lines of people being able to steal bitcoin from a code problem in bitcoin -- that in and of itself is going to be a pretty scary claim for people -- plus if this is spread by mainstream media companies, I would think that this is going to be the nail in the coffin for bitcoin.

But let's say in the off chance everyone has lost faith in the MSM, then it doesn't matter what they say or report.

So yes, but the stars have to align in my eyes.




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pat4cryptoreal
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April 09, 2018, 05:21:55 AM
 #4

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.
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April 09, 2018, 05:26:03 AM
 #5



I don't think so. look at the history of bitcoin.
there has been a lot of FUD going but none can destroy it. only happens at the rate of decline not more than that. after the FUD and the ban passed bitcoin grow back without any doubt.
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April 09, 2018, 05:32:25 AM
 #6

No FUD is just a fake news it will never destroy bitcoin, later on the FUD that created by group or person will be gone and in that's time that the price of bitcoin will start to increase again

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April 09, 2018, 05:32:48 AM
 #7

I dont think it can destroy bitcoin, but it can dump the price really hard. So see in the past weeks how many fud news are arround, and they are all dumping the price of bitcoin and other cryptocurrencies. The most of them are just fake news, but the investors in cryptocurrencies are very sensitive and they are immidietaly selling their coins when there a bad news arround. So people here have to learn to stay cool and keep calm, or they will always lose their money.
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April 09, 2018, 05:40:25 AM
 #8

No,  a lot of FUD right now but still bitcoin going strong. As far as I know bitcoin alot of haters but from cents to expensive value. It will rise a gain in the next month. Bitcoin will not die but will multiply. FUD is just a garbage need to put on the trash can.

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April 09, 2018, 05:56:39 AM
 #9

FUD is not a bad thing at all if you look at it like an opportunity. or in other words How I Learned to Stop Worrying and Love FUD. it can actually be a way to make a lot of profit from the manipulation that has been happening to bitcoin for a very long time now.
the only problem is knowing what is a real FUD that can cause or at least intensify a drop and also know the difference between that and pure bullshit that some users spread on bitcointalk and elsewhere thinking they are FUDing. the first one is what you want to take advantage of and the second one is what you only want to laugh at Cheesy

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April 09, 2018, 06:01:32 AM
 #10

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 is being generated only by the people without the proper knowledge, therefore FUD can never destroy Bitcoin, since strong investors will always stay in the market and hodl.
Also, FUD is even good every now and then, since many strong players will enjoy buying BTC at discount prices and gain even more profits in the long run. We all should be investing like that.


BR.
LodisMcguire
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April 09, 2018, 06:06:07 AM
 #11

Of course not,there will be some people who will clearing that doubt,namely crypto developer and big investor.Sure FUD can affect bitcoin price,but it's only temporary,that's why it can't destroy bitcoin.As long as there're believers,crypto will keep exist and develop to be more useful for the people.
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April 09, 2018, 06:19:52 AM
 #12

No, it can destroy it, this is completely out of question.
But it can make damage among the users, especialy those unxeperienced ones who esily fall on such false information. Think this is the only purpose of FUD, to create panic and unstable environement and at the end no one has the use of it.

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April 09, 2018, 06:20:54 AM
 #13

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 is being generated only by the people without the proper knowledge, therefore FUD can never destroy Bitcoin, since strong investors will always stay in the market and hodl.
Also, FUD is even good every now and then, since many strong players will enjoy buying BTC at discount prices and gain even more profits in the long run. We all should be investing like that.


BR.

My opinion to this is that FUD may affect slightly especially on the price of bitcoin and so does with the negative news from media outlets where due to volatility,  price may cause some fluctuations. In connection to this, I will disagree that it may totally destroy bitcoin as a whole but it does not at all since usually bitcoin may be able to recover in the soonest time.
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April 09, 2018, 06:22:16 AM
 #14

Don't say FUD, Even banning can't stop or kill bitcoin. Bitcoin is not only currency or digital asset. It is a community. Borderless community with million members growing. everyday the members are growing. By the end of 2018, bitcoin and cryptocommunity can have strong position in political decision in my opinion. Now, G20 have splited into three countries who say bitcoin is legal, Netral and illegal. Countries that take position bitcoin as illegal are not a half. The legal and neutral have higher percentage.
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April 09, 2018, 06:25:40 AM
 #15

Should not be.
Idiots will be the one who will be affected by it.
Choose the news that you will believe in.
If you think there is something wrong with the details of one who spread it then do research.
Dont be fooled by FUD. Those can be tricks for traders or whales to get back what they have loss.
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April 09, 2018, 06:34:57 AM
 #16

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?

I don`t think that this is possible. Bitcoin is already strong enough and self-assured to be influenced by FUD. FUD can have a negative impact on new, still not held crypto-currency projects. But Bitcoin is no longer subject to FUD, since it is influenced by completely different factors.
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April 09, 2018, 06:35:51 AM
 #17

I don't think so.

All FUD can do is inhibit it's growth. It might destroy business structures that center around the use of BTC; maybe even set it back years in terms of acceptance and adoption.

Look at the recent rally last year, despite prices currently sitting roughly 7x higher than last year, some people got burned in the FOMO. Now all you hear in the media is how it was a bubble, it can't possibly work as a currency...blah blah blah.

These types of comments will stop some from becoming adopters or wanting to get involved; but it won't destroy a community of early to mid adopters who believe in the ideology of a decentralized system. Hell even if they don't believe in that ideology they can see a working and thriving ecosystem.


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April 09, 2018, 06:38:13 AM
 #18

My father always used to say, "A lie can only run away for a short time, until the truth catch up to it" This is very true for all the FUD that are being spread around on the internet. It is our responsibility as Bitcoin supporters to make sure that the truth will catch up with the FUD, by continuously spreading the truth and by doing this, we expose the FUD.

Let's fight together to combat the FUD, by spreading the Truth. ^smile^

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April 09, 2018, 07:22:59 AM
 #19

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?

Bitcoin will not be destroyed.  The big institutions wants the bitcoin price to become very low for them to buy a the cheapest price. To do this they need to create a FUD to current bitcoin investors and retailers. This FUD will be heard everywhere and on news broadcasting company. When the bitcoin price is at low. Big institution will buy a lot. it that happens bitcoin will sky rocket again to its new ATH

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April 09, 2018, 07:28:33 AM
 #20

As other noted here, I don't think it can "destroy" bitcoin but only to damage its value. Bitcoin is becoming really popular and in my opinion it's on the verge of entering the mainstream, which would make it even more durable and strong.
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