Can FUD destroy bitcoin?

[selezneve]

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 do not think that FUD can have long term effect on the prices of bitcoins. In the past 8 years we have seen news like :

-- Bitcoins is juts a bubble.

---Bitcoin is a ponzi scheme

--- Bitcoin is launched by US government to eliminate huge debt in their country

--- Bitcoin is  being used by criminals and for other illegal activities

Many other similar news has been shown in  media and posted online but bitcoins is still growing strong.

[onrise]

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.

Mostly this media creates a huge FUD with providing wrong information or half information and due to this people gets panic as they understand half or get wrong information and this creates a dip in the market. This has happened time and again and very difficult to get away with it.

[davhek]

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 actually believe Bitcoin is super strong to FUD. Yes, the price dropped, but it is more cause of manipulation than FUD. If you compare BTC to any other company, you will see how strong it is. Just take a look what happened to Snapchat over just ONE tweet! Or when eBay said they will not renew the contract with paypal. FUD affects, but not as much as to the other companies.

[Oasisman]

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 NO. Does everyone really believe that FUD is a huge factor for the price to decline?. FUD only plays a very tiny role in price manipulation. Huge factors are, whales who dump big time, regulations, banning of exchange, and minimizing the use of cryptocurrencies. Below all that is FUD. Its just that, FUD is very annoying specially when Bitcoin is facing a bear run.
To answer your question, FUD cant destroy Bitcoin alone.

[brickafterbrickwalldpt]

I don't think that FUD can destroy Bitcoin completely, it can certainly damage it a bit. People are way to emotional when it comes to investing money. It is fairly easy to invest in cryptocurrencies and that's why many inexperienced people decide to buy Bitcoin. People are not well educated, they spend their money on something they actually don't understand at all and later they blame someone or something else for their mistake.

[leavolnhals]

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 not destroy the bitcoin but it only causes the price of the bitcoin to drop for a certain period of time. The value of bitcoin is still not affected because the news is just a tool for sharks to suck money from investors.
So when you have bad news about Bitcoin, keep calm and hold on. That's just a shark's trap. Be carefull 

[weertgilders]

No it cannot. It can affect the price though and sometimes to great lengths but there is no way that bitcoin will be destroyed due to people spreading FUDs.

[ladydark]

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 would only affect newbies who don't have enough knowledge about bitcoin and they just become victims of big whales which the FUD spreaders expect.It would just increase the fluctuation in bitcoin price temporarily and it does not have enough power to destroy bitcoin.Otherwise by this time,bitcoin would have got destroyed hundreds of time. The

[tee-rex]

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 but it can heavily impede its development and adoption, especially in the early phases as of now. In practice, that means price crashes, people frustrated, market sentiment below zero, but ultimately the truth will come out so that fudsters will be kicked out and laughed at. All that matters at the end of the day is real utility, and bitcoin as well as other cryptocurrencies do provide it. Despite being mostly a speculative asset these days, bitcoin remains a viable means of payment across the world.

I think we should just wait until the dust settles.

[jerrysmith]

I don't think so becuase if u look at the previous graph of btc u see lots of fud and panic news  but btc never destroy . so Bitcoin will not be destroyed.

[coin-investor]

I don't think so Bitcoin was pronounced dead hundreds of times before but it keeps moving fuds will always be here because the other side of Bitcoin is its volatile price which can be manipulated by bad news and people's spreading lies and bad news

[qiman]

FUD may or may NOT kill Bitcoin. That all depends o the spirit of the People. If people run after Bitcoin only for its speculative value, then yes, FUD will easily kill Bitcoin in the end because if the price drops to 0 no one except some very clever whales will want to invest in it. FUD works on the mainstream populations as does the mainstream Media spread all the bad news very fast to all the people, everywhere. Only if people believe in the whole idea BEHIND BITCOIN, then FUD can never destroy Bitcoin because Bitcoin will rule in the hearts and minds of us and not be moved.

[Semaj123]

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 not destroy the bitcoin but it only causes the price of the bitcoin to drop for a certain period of time. The value of bitcoin is still not affected because the news is just a tool for sharks to suck money from investors.
So when you have bad news about Bitcoin, keep calm and hold on. That's just a shark's trap. Be carefull 

FUDs  will always be present especially if someone are getting more popular and we know crypto is becoming more popular so I think this is normal. The only thing we should do is to always not quickly believe by some news that aren't even giving reasonable proof. Not all people are in favor in crypto so we should expect with this kind of problems.

[udayantha11]

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 something for temporary. due to FUDD newbies get panic and sell the portfolios.  for short time crypto currecies including bitcoin going to be red, but long run then acceptable.

[Rose119]

I don't think so becuase if u look at the previous graph of btc u see lots of fud and panic news  but btc never destroy . so Bitcoin will not be destroyed.

Yes i agree. Bitcoin never destroy just because of FUD, as long as bitcoin prove to us that it is a good coin and investing in bitcoin is really get profit it will never destroy.

[786SehrishAkhtar]

I don't think that FUD destroy Bitcoin. Because It is A good and long lasting coin which always give profit to its investor. It Just demand Patience from its investors. 

[Vannie12]

Not FUD alone I guess. Social media is a big factor that .any influence and affect the world of digital currencies. With people thinking that FUDs are true will lose their trust and may probably lower the demand of bitcoins or any other coins in the circulation that would lower the prices and would eventually pull the market down.
Since we are talking about destruction , I think FUD is just an external factor and would not affect the system itself to make the use of bitcoins stop.

[soname12]

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 not destroy the bitcoin but it only causes the price of the bitcoin to drop for a certain period of time. The value of bitcoin is still not affected because the news is just a tool for sharks to suck money from investors.
So when you have bad news about Bitcoin, keep calm and hold on. That's just a shark's trap. Be carefull 

I agree with you FUD is the catches coming from the shark wanting new investors to stick with. This is the best way to make a profit from new investors. To maintain the market and stabilize it, the sharks are creating a lot of traps.

[lamcouz]

Government Legislation will be the main bitcoin killer, governments want to exercise control over BTC, something that is against the cryptocurrency policy. But Bitcoin survived negative media before and it will survive this one too. Prominent people such as Bill Gates and warren Buffet has also come out to express their luck of confidence in BTC, reducing their close followers' confidence in BTC,

[btc_angela]

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 has been with us ever since specially in the 3 years when bitcoin price experience a exponential growth. If FUD has the power to destroy bitcoin, we all wouldn't be here I guess.

If may have affected the market though, but its not enough to pull the price as bitcoin has been so resilient will all the negative rumors and will bounce back even higher after a fall because of FUD, it a nutshell, the effect will be just temporary.