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Author Topic: Can FUD destroy bitcoin?  (Read 1589 times)
kudryas
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May 08, 2018, 11:49:36 AM
 #221

There has been so much FUD lately and btc still managed to survive. if anything, FUD will make btc stronger and filter out all the weak hands selling after each fake fud news. We need strong hands holding onto btc despite fud in order for it to grow.
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May 08, 2018, 11:55:07 AM
 #222

The FUD can affect the price of bitcoin, but it can never destroy it. I think that someone uses FUD to make yourself rich.

Cherylstar86
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May 08, 2018, 11:59:31 AM
 #223

The FUD can affect the price of bitcoin, but it can never destroy it. I think that someone uses FUD to make yourself rich.

Yeah, you're right. Bitcoin is a dominant crypto currency of all time which it can never easily to destroy. As we all know fake issue and having some FUD news about bitcoin is just normal since from the start due to its great and tremendous performance that can easily doing by those critics in the crypto currency community. Thus, on how worst the fake news it is I believe bitcoin will still overcome and increase tremendously as time goes by.
Pasadoble
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May 08, 2018, 12:09:37 PM
 #224

FUDs are influencing society, so of course it can influence bitcoin, but I do not think that  such a things can destroy it.
localcrypto
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May 08, 2018, 12:39:15 PM
 #225

Bitcoin Highest Fud correction was 88 percent at that time bitcoin was nt that popular now bitcoin is much popular so Fud news may get efforted but nt to 88 percent correction
PETES
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May 08, 2018, 12:59:45 PM
 #226

It can actually destroy bitcoin if people will believe those fuds, the demand will decrease as people are now afraid to buy and all in their mind was all negative. But if people know what should they believe then even a lot of fuds will spread in the community still they knew that bitcoin is unstoppable and too big to defeat.
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May 09, 2018, 11:11:33 AM
 #227

Definitely NO.  FUD is just a stitched stories with a false informations made by an insecure and envious people.  They will make noise to seek and divert attention for the purpose of misleading others and to feed doubt and fear in them.  FUD are only be done by an illiterate people in the field of cryptocurrency and the  only affected person are those who has the same feather as what they have.  Those people who has nothing to do with their life, trying hard to patch and cover up failure and disappointment.  Bitcoin is not just a piece of something  but it is consist of a legit and strong community.  FUD makers are no match with the unity, trust and faith that Bitcoin community has.  Whatever they do, whatever they say, FUD can never ever destroy Bitcoin  but instead, it will make Bitcoin more successful and popular.
arrmia11
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May 09, 2018, 11:25:10 AM
 #228

It is actually because not all people including bitcoin holders can classify whether the news is fake or not so definitely FUD will affect the value of bitcoin. Although some holders were able to identify those FUD but it doesn't guarantee the other holders to keep it. If they saw that the value of bitcoin is decreasing then they will panic and start hearing those rumors. Therefore, bitcoin holders must able to identify well if the news is fake or not for them not to dump their assets.

tonyja2017
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May 09, 2018, 11:45:28 AM
 #229

The FUD will kill inexperienced traders in the Crypto market, which can not destroy Bitcoins.
Up until now, no altcoin has died because of FUD. Simply put, traders lose money and that does not affect Bitcoin or any altcoin. So I'm looking forward to the FUD to make a profit from the coward. Cheesy

Noelbetty12
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May 09, 2018, 11:45:52 AM
 #230

Momentarily maybe but not totally. So many events that causes FUD have a great impact on bitcoin, users naturally responded by doing panic selling but it actually returns back to the usual or normal level when FUDs are clear.

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May 09, 2018, 11:52:11 AM
 #231

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?

Yes. These falsified news can drive away possible investors and people who are less knowledgeable about bitcoin are more prone to believing in it.

There are some documented news that some people use bitcoin to scam others which also contributes to bitcoins negative reputation.

TommyAMD
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May 10, 2018, 10:23:14 AM
 #232

I do not agree, of course, after the great fall of this great cryptocurrency, the level of confidence decreased, but now bitcoin is also trying to gain previous positions in terms of prices in the cryptocurrency market.
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May 10, 2018, 10:42:25 AM
 #233

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 think no they can't destroyed it, as we know that bitcoin now is having a huge and active community that supports the price. We should not spreading fud because it can cause an afraid for those newly investors that leads them to sell their bitcoins and also spreading fud is just a technique of big investors to enter in the market at low price due to panic selling of it but after the low price it will go up again and reach another new ath that's why it is important to hold bitcoin and ignore those fud news.

GreenPowerRanger
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May 10, 2018, 10:53:32 AM
 #234

When you look the past weeks and all the fuds news, you see that fud can do a lot to bitcoin. Many people would say but it cant tdestroy it. But im not that sure about it. There are severals dumps in the past which where just because of fud fake news. And when those fud news can increase the value so much, it can possible also destroy bitcoins value maybe to zero. Thats why we have to keep calm everybody and espacially the enw investors when there are fud arround!
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May 10, 2018, 10:55:02 AM
 #235

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?
No. Only those newbies that has less knowledge about crypto will be affected with those false or fake news that has no basis but the moment that we are all aware of this technology those FUD will not be a factor anymore as no one will get panic on those type strategy. Let's help one another and trust the Bitcoin system to make us better.

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suvo05
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May 10, 2018, 11:08:34 AM
 #236

I don't think that FUD have that power to destroy the bitcoin. In the past it had a significant effect on bitcoin price and this year we say continuous FUD on bitcoin. So the people are too much used to it now. And in the upcoming year, any kind of FUD will have lesser effect on BTC price.

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May 10, 2018, 11:11:40 AM
 #237

FUD will never reduce the value of Bitcoin. Because they are just fake rumors that make investors' psychology more anxious and sell off.
Then the great sharks will take advantage of the opportunity to buy a lot of cheap coins. So FUD is considered a shark's strategy for making money. That is my personal opinion on this issue and hopefully it is correct. Smiley

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May 10, 2018, 11:16:52 AM
 #238

The tendency for FUD to set-in on any investment and in the minds of investors, is always there, which cannot be ignored by some individuals. FUD can definitely affect the price of bitcoin (as it sometimes leads to panic sales), but cannot destroy it - For the syndrome does not affect every investor.

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akashark
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May 10, 2018, 11:21:15 AM
 #239

FUD Can't destroy anything but I think their intention is different. Maybe they don't want to destroy anything they just want to down the price of coins. So, FUD never can destroy bitcoin.

KuraJamban
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May 10, 2018, 11:31:56 AM
 #240

FUD is just only affecting the Bitcoin price. But because the drop of the price many people start to think that it will be the end of Bitcoin.
Based on the history, It already happens in the early February 2018 that Bitcoin price highly drops from $19,000 going to $6000. And people start thinking that it will be the end of Crypto. Cheesy
But what!? The prices slowly come back again now.

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