Can FUD destroy bitcoin?

[TechnoBibble]

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.

[jake zyrus]

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?

FUDs plays a great factor in the prices because it promotes panic selling. Sadly, this makes the prices go lower and the market slower. To fight the fear, uncertainty and doubt you must practice patience. FUDs are internal so individually, you should focus more on the investments and not in your negative thoughts. Never let those negative thoughts eat you nor your investment.

[Bit-Tech]

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.

[Dmitry.Vastov]

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 so that FUD can destroy bitcoin valuation, the flactuation in the valuation is entirely the function of number of investors investing into bitcoin and another factor that plays a major role in flactuation in valuation is the whales that invests a huge capital into bitcoin, during last past 4 months the valuation of bitcoin has deflated to very great extent and resulting in that number of people are losing trust on bitcoin but now bitcoin is again getting back onto its track and valuation started inflating again.

[Et Hereum]

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.

[Genamant]

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 may lower the price of bitcoin but it won't destroy bitcoin. Too many users know a lot about bitcoin and also helping spread real news and helping out people who doesn't understand Blockchain tech.

[janaiz]

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 isn't about personal fear or uncertainty for bitcoin, it's about uncertainty how the rest of the market will react to FUD.

If I think the majority of people are uncertain with the current state of bitcoin at any given point in time, then I would sell. I am a long term believer in Bitcoin - but I'm going to sell if the rest of the market is in a panic about something completely ridiculous (such as the block size, SegWit, or any other factors that simply WON'T KILL BITCOIN). If Mt. Gox, Silk Road, etc. didn't kill Bitcoin then why are earth are we panicking over something like this? Stay logical, guys. Remember, Bitcoin is malleable and can adjust to fit circumstances and it will continue to progress - and that's exactly what we are seeing with the implementation of SegWit.

[emezh10]

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 totally destroy bitcoin at all. Because fud is just a part of information dissemination process which in fact gives a positive effect on the development of bitcoin. Yet, it could also cause certain confusion on bitcoin as a form of cryptocurrency in the market because some information could be rather be truth or lies.

[Glomerulus22]

FUD generally can influence the price of Bitcoin a lot, but it cannot destroy it. Cryptocurrencies are so heavily adapted in the world that nothing can destroy them. That is the basic rule that everybody should be aware of during a market crash - bitcoin and cryptocurrencies are not going anywhere - they are still here even if they lose 95 % of their value. FUD can put the price of bitcoin to 1k, the FOMO can push it to 100k, but bitcoin will be always here!

[kinzey]

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 won't destroy bitcoin. But people will always be afraid because they are invested in bitcoin. And money is involved so they will be afraid. That is why prices go down because a lot of people sell when there is bad news. Fud or not.

[jerjer]

I think FUD can never destroy bitcoin. As we see the past FUDs and bitcoin remains standing. In my opinion FUD cannot destroy bitcoin, but only those investors who have weak hands.

[97percent]

Basically in cryptocurrency FUD is a marketing strategy. The emergence of FUD followed by a drop in bitcoin prices. There is a possibility that FUD can destroy bitcoin, especially on user portfolio. But the adverse effects of FUD can be avoided by refraining from anger and fear, eliminating all assumptions. Share positive news instead. Then stabilize trading strategy. the more we understand the market situation, our strategy will also grow.

[PIR]

How do I react to FUD that destroy bitcoin?. I thinks this is their way of diverting other people's mind into something away from bitcoin or bring confusion to it is also their way to get other investor's attention, creating doubt, speculation, rumors and so on and so forth..my response it to be still and know the truth and learned.

[Gabteb]

Maybe years ago it could but now and in future no ,i dont think,it would, people more and more informed so its coming dificult for FUD ers have any success.

[Virtual miner]

FUD stands for Fear, Uncertainty, and Doubt. FUD can cause the price of a coin to drop, not based on fundamentals or charts, but based on bad news that spreads around social media. We have already seen that happening few months ago when the price of Bitcoin dropped heavily. But I don’t think so it can destroy Bitcoin completely. People have become more aware about the entire concept of FUD. so FUD can no more destroy Bitcoin.

[AniviaBtc]

No of course, FUD cannot destroy the Bitcoin. First of all, this is FUD and no one can believe it, the FUD people will try to do something just to make sure the Bitcoin will destroy. But this is useless, we are so many to trust the bitcoin.

[eekkaa]

yes of course it could be because with the FUD that really affect new trader players so make them fear and panic so make them sell fast with cheap price, FUD must be eliminated and there must be education for new players to avoid FUD.

[Rubble898zaitO]

I think indirectly, yes it can destroy Bitcoin, not entirely but it can still give it some harm or worse, trigger most of the reasons that will have a totally bad effect to Bitcoin. FUDs are like termites, it will really be a cause of a serious damage to a house from with in. Fears, Uncertainties and Doubts can ruin any relationship regardless if its personal or business. with FUDs around us, it is really hard to trust, believe and be calm and patient which are very essential when you are in the Bitcoin world. 

[johnabrar]

fud ,panic news, scam news ,negative rumor never destroy bitcoin .

[angaper]

Of course not. Bitcoin has proven over the years to be resilient enough to overcome the continuous attacks it has received from internal and external enemies, and in fact this factor seems to me the most important to rely on the great strength of bitcoin as a long term investment, because although it is true that in the face of great rumors and attacks the price of bitcoin tends to suffer temporary losses, in the long term it has always come out much stronger and with greater vigor.

Also, I think that every bitcoiner should be used to FUD. Almost from the beginning the bitcoin has successfully faced disbelief and attacks, and I believe that now it is already immune to all this.