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Author Topic: Don't fell for FUD. Stand your ground bitcoiners!  (Read 1178 times)
mOgliE
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January 14, 2019, 02:41:37 PM
Merited by dbshck (4), Herbert2020 (1), shield132 (1), Distinctin (1)
 #1

So.

I've seen this in a thread:

lol @ the snicker comment but I'm sick of you crypto guys tricking regular people into investing in this scam.  There are not enough greater fools left for the price to go back up to 20k.  I know you guys are trying to get one last pump to dump on the noobs though.

And globally an increase of posts saying that it's the end. That the big scam is finished and that now it's just a deah fish. That it was all a global scam.

Now I don't care if some old traders are dumb enough to sell right now. This post is for all the newcommers that fear investing. When I first invested in 2015 I was worried and only bought up to 2 coins while I could have bought about a dozen rather easily. Now I'm still happy I've bought at this time but I would have loved if some old coiners managed to convince me to buy muuuuuuuuch more.

Here is why you should buy, and buy now:

-BTC is not dead. There is no reason for btc to die, the only way would be to stop all mining but that's simply not possible as anyone can mine, even you.

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over...

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!

-Next halving is in less than two years: https://www.bitcoinblockhalf.com/
If you don't know what halving is, just remember that halving means less BTC mined means price increase.

-Market value is already in the 63 billions. For the price to stay the same, you need only a few billions considering the small increase of coins.

-Tons of coins get lost. I'm not even sure the number of BTC is actually increasing if you consider the people losing their private keys, the people dying without handing their coins, the amount of dust btc lost in small wallets...

-Not a single solution has been provided to avoid another world financial crisis. Banks and government are still exactly doing the same thing. And at the next financial crisis, when governments will have to print billions and billions to bail out the banks, what currency will not get inflation in any way? Yeah you goddamn right.

-For anyone in countries not 100% safe (means anyone except USA, France UK and Germany). Remember governments and banks simply prevented any citizen to get their money from their bank account with the Greek crisis. They will never be able to freeze your coins.


So don't be afraid. It's better than any other investment you could make.

Chill out, buy, and buy now as the price can only go up for the next halving.

Cheers.

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January 14, 2019, 02:52:57 PM
 #2

Seen that comment as well and I'm quite surprised that he somehow connected his hate towards Bitcoin to a topic created by a banned member for plagiarism.
Why do you fucking care, bitcoin is a giant scam anyways, this shit is all going to zero and this forum will die out as a result.
In these kinds of comments I always ask why a "demerit" button does not exist. But then I always realize that the "Ignore" button which we have now is even a better way of avoiding this nocoiners in the forum. It's like your own permaban button so that you don't see the posts of nocoiners after that. This forum really has no place for non-believers out there as they really don't have an open mind for a discussion on what we believe in.

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January 14, 2019, 03:10:56 PM
 #3

Newbies should never ware of both extremes associated with bitcoin investment.
The high negativity and FUD created to scare away new investors and holders to panic sales. And then there's the hype which suggests high rewards in a short time meant ti attract less experienced enthusiasts.
One with background knowledge would be little moved by speculations and negativity.

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January 14, 2019, 04:39:22 PM
 #4

Anyone waiting will be disappointed for not buying while it is below 4000 dollars. Price movements are very fast and it can go either way now but smart money will invest before a pump, it can happen any time from now

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January 15, 2019, 09:58:20 AM
 #5

Thanks for this enlightment and i wish i had seen this post earlier because i thought bitcoin was about crushing so i wanted to hit the stop loss button in order to decrease my loss. From this information that you have shared i am never going to allow any false messages that are spread about the death of bitcoin convince me to sell of my coins very cheap.

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January 15, 2019, 10:54:19 AM
Last edit: January 15, 2019, 11:34:43 AM by deisik
Merited by dbshck (6)
 #6

Here is why you should buy, and buy now

Okay, let me be your devil's advocate here

-BTC is not dead. There is no reason for btc to die, the only way would be to stop all mining but that's simply not possible as anyone can mine, even you

While technically true, it is not what most people are looking for in Bitcoin and other cryptocurrencies most of the time. Those who you appeal to in your post ("investors") are looking for profits, fiat gains and basically nothing else. So your assumption is kinda cold comfort to them even if it is true in and of itself. Bitcoin is a survivor but for most people it is its price not its tenacity which matters most

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over

Scarcity doesn't mean utility and without the latter cannot be a guarantee of any kind in respect to future value. There were enough shitcoins which had a monetary inflation rate way lower than that of Bitcoin (42Coin being the most notorious example), and it didn't make them valuable. In other words, your comparison with fiat monies will only make sense if the utilities of Bitcoin and these monies are either the same or remain the same

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else

This is likely the only worthy argument you have made so far. But then again, while it is true and without doubt important for the long-term success of Bitcoin as a means of payment, it may not actually mean higher prices, which seems to be your point. In fact, there are strong reasons to believe it is the lower prices that will actually lead to expansion in this field, not the other way around

-Next halving is in less than two years: https://www.bitcoinblockhalf.com/
If you don't know what halving is, just remember that halving means less BTC mined means price increase

The same point as the one about scarcity. Other than that, you already said yourself just a couple lines above that there is not much left to mine, so the effect of the reward halving shouldn't be great anyway, apart from the regular hype and noise. Though I don't expect this hype to be of great influence now either for the reasons stated (not much to mine). If anything, it is going to add to volatility initially and will take time to have a long-lasting effect

-Market value is already in the 63 billions. For the price to stay the same, you need only a few billions considering the small increase of coins

Market value or market capitalization is completely irrelevant here given that most bitcoins are already mined as you yourself state. Basically, you are just saying that it is easier for the price to stay the same just because it is small. I wouldn't call the current price small as we have been above or at it only for a little over a year in ten years of Bitcoin history. In short, there is enough "price" to crash lower

-Tons of coins get lost. I'm not even sure the number of BTC is actually increasing if you consider the people losing their private keys, the people dying without handing their coins, the amount of dust btc lost in small wallets...

It can be said that with fees going lower and with good chances of continuing in that direction further on, the amount of untransferrable dust is set to decrease eventually. Besides, the coins lost are already priced in anyway, so there is not much you can actually rely on in this department. More will be lost in the future, but this is an obvious example of a poor man's argument

-Not a single solution has been provided to avoid another world financial crisis. Banks and government are still exactly doing the same thing. And at the next financial crisis, when governments will have to print billions and billions to bail out the banks, what currency will not get inflation in any way? Yeah you goddamn right

While there is little doubt that hard times are lying ahead of us, there is not a single reason to think that it is going to help Bitcoin somehow. It will most certainly be gold and not Bitcoin that wealthy people will be looking for to save their wealth in. If anything, I wouldn't rely on this either. In fact, the global economic crisis can easily crash Bitcoin into the ground instead of raising it to the sky

-For anyone in countries not 100% safe (means anyone except USA, France UK and Germany). Remember governments and banks simply prevented any citizen to get their money from their bank account with the Greek crisis. They will never be able to freeze your coins

That makes some sense as we have already seen something to that tune in the past (or even see now with Venezuela). But back then Bitcoin was highly undervalued and on the rise anyway, so it looked like a good emergency-exit vehicle. That may or may not be the case now, provided we are actually going to see something similar to the Cypriot financial crisis again. Simply put, we are already using Bitcoin for these purposes

 
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January 15, 2019, 11:12:45 AM
 #7

unfortunately the lengthier this price level becomes and the more the stability lasts, it will cause more short term traders to become desperate and do things like that and spread false information which we may not even call FUD in many cases because they are only fooling themselves and are showing the "fear" in their own actions.

topics like this are very good but sometimes some people have to gain the experience the hard way after they fall for a couple of these FUDs and lose money.

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January 15, 2019, 11:22:11 AM
 #8

Thanks for this enlightment and i wish i had seen this post earlier because i thought bitcoin was about crushing so i wanted to hit the stop loss button in order to decrease my loss. From this information that you have shared i am never going to allow any false messages that are spread about the death of bitcoin convince me to sell of my coins very cheap.
Its ok to cut loss, but be sure it is your target price to cut the loses. Normally people react easily to a FUD news without any basis, its bad to see action like that. This post should be taken seriously, I don’t even think bitcoin will die just because its dumping, we will go for more good prices in the future.
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January 15, 2019, 11:22:46 AM
 #9

-Next halving is in less than two years: https://www.bitcoinblockhalf.com/
If you don't know what halving is, just remember that halving means less BTC mined means price increase.
We are very near and 1 year and 4 months to be exact. This is what I'm waiting for. I'm already immune with these FUDs that are being spoken by hopeless people. They probably sold at the dip and lost a lot of money, I feel sorry for them or they were those people who made much during the last ATH and wanted to discourage others. Any of their current situation, they don't care with others feeling. And as for the remaining faithful holders and do has enough experience with such dips and correction, mostly are ignoring those fuds.

 
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January 15, 2019, 11:28:27 AM
 #10

Thanks for this enlightment and i wish i had seen this post earlier because i thought bitcoin was about crushing so i wanted to hit the stop loss button in order to decrease my loss. From this information that you have shared i am never going to allow any false messages that are spread about the death of bitcoin convince me to sell of my coins very cheap

I'm really curious if you are not being sarcastic here (as it sounds exactly like that)

If not, and that's for real, then you are in for a big trouble. It doesn't matter whether OP is right or wrong, even though, personally, I hope that he is right, after all. What matters is you basing your investment decisions on the words of some random dude from the Internet without doing your own "due diligence". What if the price crashes further to 2000 dollars and below, whom are you going to be blaming for your actions then?

 
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February 09, 2019, 04:40:10 PM
 #11

Bitcoin is not dead and the one who says it just came late to this market and lost a lot of money. Knowledgeable, wise, patient people now have more than one hundred bitcoins in your wallet, and those who came to this market in 2017 are crying in all social networks and say that bitcoin is a bubble.
You just have to be patient and the price will rise again, and now it's time to invest, because in 2020 the reward for production will be halved and the price will start to rise. I advise you to start investing today as the price is very tasty.

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February 09, 2019, 05:11:16 PM
 #12

after every market manipulation you executed yourselves it's also important to

remember your main marketing propaganda slogans:

1. you are all shitcoiners!!!

2. you are all NoCoiners hahaha! get lost poor people, the Lambos are all ours

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February 09, 2019, 05:31:33 PM
 #13

Here is why you should buy, and buy now:

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over...

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!


- I don't think that was a good reason, even if all of those bitcoins has been mined, but without demand, its all is just for nothing, the simple thing is as long as we have demand, bitcoin will be fine but how long it will keep going on ? People's money has its own limit

-  But why merchants still want to reject this one to be applied ?
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February 09, 2019, 05:35:59 PM
 #14

Here is why you should buy, and buy now:

-Already 83% of BTC has been mined. That means a very small inflation. You need only a very small investment to keep the price of btc stable. That's not the case of dollars or euro you know... They get printed over and over...

-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!


- I don't think that was a good reason, even if all of those bitcoins has been mined, but without demand, its all is just for nothing, the simple thing is as long as we have demand, bitcoin will be fine but how long it will keep going on ? People's money has its own limit

-  But why merchants still want to reject this one to be applied ?

smart observation

look at the western banks that cant lend money, because they can't do that the usd and euro's value is highly at risk.


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February 09, 2019, 06:33:27 PM
 #15

Next halving it is, I really hope that the price of Bitcoin will soar high reasonably when that time comes but let's be realistic here people, for it to go up again it needs to be use by more people.
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February 09, 2019, 06:42:39 PM
 #16

One can only fall for FUD if not properly informed. Sadly you can find a lot uninformed people in crypto who really should not invest when they know very little things about what a cryptocurrency is. That is how FUD convinces people that Bitcoin and other crypto have no value.

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eaLiTy
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February 09, 2019, 06:56:00 PM
 #17

-BTC is not dead. There is no reason for btc to die, the only way would be to stop all mining but that's simply not possible as anyone can mine, even you.
-BTC has a real life purpose. Using WU to transfer money is hundreds of time more expensive than using BTC. BTC isn't made for daily purchases but it can handle large amount transfer like nothing else!
This is the biggest advantage of bitcoin, even if you send a small amount or billions of dollars the transaction price remains almost the same and that cannot be said about the conventional transactions where you have to give conversion fees as well as other fees and it is a huge hurdle if you are trading globally and if it is a huge amount.

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If you don't know what halving is, just remember that halving means less BTC mined means price increase.
This is what everyone is looking up to, what ever may be the situation the market will recover during this period, never expect a full on rally like we had in 2017 but we will have a recover and if the market flies with it, it is advantage for the investors.


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-Tons of coins get lost. I'm not even sure the number of BTC is actually increasing if you consider the people losing their private keys, the people dying without handing their coins, the amount of dust btc lost in small wallets...
There is no estimate as to how many coins are lost forever and it is a really big deal when you take the whole picture of the amount of total coins.

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-Not a single solution has been provided to avoid another world financial crisis. Banks and government are still exactly doing the same thing. And at the next financial crisis, when governments will have to print billions and billions to bail out the banks, what currency will not get inflation in any way? Yeah you goddamn right.
If there is a financial crises the common man will not be aware of the big meltdown until it happens and the burden comes under the casual investors and not the big shots as they will be well aware of the situation and will take precaution to avoid any major losses. The common investor gets in trouble for a well planned sabotage from the bankers, we have seen in the past and no one is put behind bars as far as i know, the common investor lost in those situation.

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February 09, 2019, 07:40:38 PM
 #18

FUD are constantly being spread by mischievous individuals about bitcoin being dead, scam or not worthy.
All this are not true bitcoin is even just starting and there is still more achievement it can attain.
It would be at everyone detriment to listen to FUD

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February 09, 2019, 08:31:18 PM
 #19

It's great that you invested and won, but some invested in the wrong time and lost quite a lot. Moreover, I really don't think that newbies should invest, because investment always involves risk and responsibility. If they invest and the price keeps going down, they'll probably blame you for giving bad advice, because as newbies they are not clear on the idea that each person takes full responsibility for managing one's own money. I also think that we don't need newbies as well. Why? Because we had them in Q4 2017, that's why! If people invest without caring and knowing the stuff, they'll sell everything just as fast when some FUD appears on news portals. This bearish market is in a bad enough situation, we don't need it to be repeated.

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February 09, 2019, 08:50:11 PM
 #20

Have been around Cryptocurrency for a while now and I love the warning you are giving out to the newbies out there, FUD is really dangerous to Crypto it really drags the Market down and giving investors and bitcoiners bad mindset on the next steps to follow.
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