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Author Topic: Can FUD destroy bitcoin?  (Read 1589 times)
beerlover
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April 13, 2018, 12:59:24 PM
 #101

I think yes, fud greatly affect the price, fud make people panic and do panic sell is bad, if news about fud goes on every day maybe the price will continue to destroyed.
Oh please! Even if it goes on every day, it would only get to a point that every weak hands will get shed off from the market and it is not like it is no longer a valuable market and as long as people tend to get demand for it, the market will always recover from any FUD. FUD cannot destroy bitcoin no matter what, unless bitcoin itself is no longer bringing that imparting future vibe.

The result of FUD is basically a downtrend, so it is normal but because a downtrend happens because of a FUD, even if it continues unless it is just a huge one to scoop out the market entirely probably by the government, I see no way it can happen.

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NABILA AKTER SHILA
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April 13, 2018, 01:37:10 PM
 #102

In any case, there will be some Bitcoin community people who will remove this suspicion. Some of them are crypto developers and big investors. But yes FUD can be thought to affect bitcoin prices. Because it is only temporary, so it can not destroy Bitcoin in any way. As long as it is in the market, it will work for the welfare of the people and will be useful for the people.
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April 13, 2018, 05:25:36 PM
 #103

I don't think that FUD waves will destroy Bitcoin at all because Bitcoin has grown so big that there is a strong base of people who have deep faith in the technology and we are standing with it irrespective of the market conditions. Yes, there is a high number of speculators who sell Bitcoins when the price falls but that is temporary and really it has nothing to do with the existence of Bitcoin, especially in the long run.
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April 13, 2018, 05:30:35 PM
 #104

Never..
But "fud" maybe fluctuate bitcoin price for little time..
This fluctuation maybe ruined some of Bitcoin holders(panic sell)
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April 13, 2018, 05:49:06 PM
 #105

perhaps FUD can affect the development of bitcoin, but the blockchain industry will not be able to break or change. and in any case, the opportunity to change Fiat for digital money is quite realistic.
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April 13, 2018, 06:06:14 PM
 #106

There is a high possibility that not only could FUD destroy bitcoin, but could potentially end and destroy the whole cryptocurrency industry. As we all know, the cryptocurrency investment world thrives on conquering risks and achieving good profits as a result. And with the growing amount of FUD in the community, the number one enemy of bitcoin, there is a very high chance that the industry will face it's dire end.
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April 15, 2018, 03:39:10 AM
 #107

I don't think any kind of fud can destroy bitcoin . 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. If FUD can destroy bitcoin,  it would have been destroyed since 2017 - 2018.
henmark
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April 15, 2018, 10:06:03 AM
 #108

I dont think that FUD news can detroy bitcoin. But as you can see, it can increase the price a lot. And i think, if theres not so much big whales around who buy everything while the corrections and the dumps, it would be possible to destroy bitcoins. SO the big whales are saving bitcoins from goin to zero value. And later when the price is going up again, they are the people who make the most money with it. SO stop panic selling your coins and hold it until it rises again!
It is not exactly that FUDs can destroy bitcoin but there is no doubt in it that such rumors bring some damage to the reputation of bitcoin. Especially if it is done in the dump phase, people lose trust quicker. This has been happening since the beginning. Bitcoin progress depends upon too many factors and haters are always in the want of dips as it allows them to strike the iron while it is hot.
otong
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April 15, 2018, 10:45:40 AM
 #109

Never..
But "fud" maybe fluctuate bitcoin price for little time..
This fluctuation maybe ruined some of Bitcoin holders(panic sell)
FUD will always be in bitcoin prices, FUD "fear, uncertainty and doubt" is a development on price reduction. FUD may over time destroy the bitcoin but not with existing technology and systems in bitcoin.
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April 15, 2018, 02:05:54 PM
 #110

FUD will never destroy Bitcoin, and as others here have mentioned, it provides fantastic buying opportunities. FUD just encourages the weakest hands in this market to fold and sell their valuable coins at bargain prices! Bitcoin is here to stay and no amount of fear, uncertainty or doubt can destroy it. Embrace the FUD!
FUD is even a part of the market and there is no way we won't keep getting to see some of it once in a while. There would always be some policies that would affect the market once in a while that could lead to a downtrend or uptrend as the case may be.

It is never going to lead to the destruction of any market unless a market that is actually meant to implode on its own. At the end, the only ones who are destroyed emotionally, psychologically etc. are the ones who are weak and bitcoin is stronger than our imagination due to distributed nature hence we do not need to worry on these.
gamaman990
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April 15, 2018, 02:33:17 PM
 #111

surely FUD can destroy some market cap of bitcoin, but no, nothing can really destroy bitcoin as no one can kill an idea. some say quantum computing is the end of cryptos, but even that will fail to kill as cryptography will certainly develop into quantum resistant era.
simongoat
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April 15, 2018, 02:36:38 PM
 #112

Its going to take more than organised FUD from the banks, media and government to wipe out cryptocurrencies. The fire has been lit, its too late to put it out now.

oni4an
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April 15, 2018, 09:12:29 PM
 #113

Nothing and nobody can destroy bitcoin and technologies that future. Though many countries and forgiving crypto, but they soon realize their mistake, but it will be too late.
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April 15, 2018, 09:21:00 PM
 #114

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.

It seems that fud alone is just a distraction and will not be able to destroy cryptocurrency, most especially Bitcoin. Though fud can only bring a factor which makes the price drop, technically it will never bring down digital currencies.

Dread Pirate Roberts
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April 15, 2018, 09:24:20 PM
 #115

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.


First when not as familiar as this crypto. because fud from a valid medium can make the market price change. but now more to trust the capabilities and facilities of the coin itself. and also depends on bitcoin prices that only affect regulation and some important news that could have an impact on the market crypto
alamin09
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April 15, 2018, 09:36:22 PM
 #116

I am glad to you Sir,
But,
I am not with you towards this things.

There are a few explanations for this. FUD isn't influencing everybody! it is constantly misrepresented data to make fear vulnerability and uncertainty in the market however it will just make such emotions among the specific gathering of individuals who don't comprehend what is going on. we as a rule call them "novices" or "frenzy venders". they are not all the market, actually, whatever is left of the market is getting a charge out of this gathering since they are the best approach to make benefit effectively and for sure.
awawo
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April 15, 2018, 10:32:15 PM
 #117

Well FUDS circulating negative news about bitcoin are only doing so for there own personal interest in the sense that when there is negative news about bitcoin it will lead to panic selling and there by making them to sell bitcoin at a very low price and with this the bad news carriers are also the big investors in bitcoin who will buy more stick at a low price.
tukagero
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April 15, 2018, 10:35:14 PM
 #118

Fud will only create panic and thats why holders start selling thier bitcoins, but it will never destroy bitcoin.
Weak hands are scared to fuds.

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April 15, 2018, 10:37:02 PM
 #119

Fud will only create panic and thats why holders start selling thier bitcoins, but it will never destroy bitcoin.
Weak hands are scared to fuds.
It can affect the market the way we never expect it to be, see the last fall of btc price were just came from fuss that are continuously attacking btc, now that it seems the market recovers let's hope there no fud that will happen now.

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zarados
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April 15, 2018, 10:42:01 PM
 #120

we need to know that FUD is created for a particular purpose, good or bad, depending on how the cryptocurrency users respond. If causing massive sells in general, that means the impact is bad, but if otherwise, it means that the resulting impact is good although very rare FUD produce a good impact.
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