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Author Topic: Bitcoin has been targetted once again?  (Read 311 times)
Wysi (OP)
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January 16, 2021, 11:05:00 PM
 #1

Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.

This time they are not directly targeting bitcoin but gradually.

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January 16, 2021, 11:20:14 PM
 #2

For me, people already learned their lessons for the past few years especially when Bitcoin did parabolic run last 2017, we saw a lot of FUD before and made Bitcoin dump a huge percentage and become more volatile comparee these past few weeks or started Bitcoin reached $15,000 and upto breaching the 2017's all-time-high.
FUDs are everywhere, it will now matter how people will manage it.

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January 16, 2021, 11:23:47 PM
Last edit: January 21, 2021, 08:18:27 AM by cryptopediabd
 #3

Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.

This time they are not directly targeting bitcoin but gradually.
It's mostly by high investors gold platform. They hired tv news anchor to do that as well as newspaper aside. Add. Nowadays you will see social media influencers also engaged to making & spreading fuds on tweets as well. 2 year's ago it was huge, bcs some big investors doesn't want to spread bitcoin value.
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January 16, 2021, 11:33:31 PM
 #4

Well, that is being natural to me and right, FUD is everywhere and weak investors will perhaps believe them but I think everyone knows already how bitcoin will work and what is the reason that bitcoin has ATH. Even though how they targeted bitcoin by spreading FUD in social media and news, the real crypto enthusiast will never listen to them because we all know that bitcoin has limited supply and the price was depending on us as a community who adopted bitcoin to because more expensive in the market.









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Wysi (OP)
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January 16, 2021, 11:47:59 PM
 #5

For me, people already learned their lessons for the past few years especially when Bitcoin did parabolic run last 2017, we saw a lot of FUD before and made Bitcoin dump a huge percentage and become more volatile comparee these past few weeks or started Bitcoin reached $15,000 and upto breaching the 2017's all-time-high.
FUDs are everywhere, it will now matter how people will manage it.

Yes, I am aligned with your statement as this was the exact case back in 2017 and those who did panic sell due to negative potrayal lost money and those who stood with bitcoin have earned their reward this year. I am sure there are more FUDs to come but Bitcoin community has been more saturated and mature as it has learnt a hard lesson from previous bull and bear run this we can expect zero effects by the news.

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January 17, 2021, 12:06:03 AM
 #6

It's funny to see them say that bitcoin has crashed while it's the price was already $36,000. If they're paid articles, they should proofread it first and get the facts before publishing it because it will be noticed by their real bitcoin readers and they will also notice it.

But if they don't mind doing that, we will see more of them even bitcoin starts to pump again and reaches another all-time high. They do this every time we see some small dips and they all perceive it as a big crash through their headlines.

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January 17, 2021, 12:07:29 AM
 #7

I have noticed an FUD on Twitter but it should not be considered important. Because we know where bitcoin is going. I am a loyal fan of Plan B. Take a look at what he thinks about it.

Quote
Yup, as you know there is severe shortage of bitcoin and increasing demand, so we need more of this fud nonsense to force weak hands to hand over their coins 😎
 https://twitter.com/100trillionUSD/status/1350381972485505024?s=19

As we have not realized every time there is a bitcoin retracement it is very likely that some large institution is buying, the scarcity of bitcoin is already evident.

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January 17, 2021, 12:21:09 AM
 #8

News are unfortunately not interesting unless it creates FUD. FUD sells newspapers. Crypto is in the spotlight right now because of all the money going into it. News reacts to this with FUD. No need to be surprised. 😊
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January 17, 2021, 12:25:36 AM
 #9

This doesn't help either

https://www.youtube.com/watch?v=Zhl8Hx8O-Jg

Christine Lagarde saying bitcoin has been used for money laundry and other "funny businesses".
And that if cryptocurrencies are to be regulated, it must be done globally. meehh

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January 17, 2021, 12:30:57 AM
 #10

Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.

This time they are not directly targeting bitcoin but gradually.

Doesn't matter though, these negative news have short term effect on the price of bitcoin.

On the contrary, maybe those who spread false news simply wanted to bring down the price down and then buy shit loads on bitcoin, always been the case, just like what we have seen in 2017's Jamie Dimon attack. But, we all know that Bitcoin is resilient, this is not the first time that kind of attacks have been seen in media. And for those who are affected, then it's their lost.


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January 17, 2021, 12:50:47 AM
 #11

I know that those strong believers will now easily believe in those things, we have seen this thing before this new ATH is different from the year 2017, there are already many people active in the crypto world so I don't think that bitcoin will go down below $15000, that won't happen this time, there are still many bashers of the bitcoin and we always see that in any social media platform, we should have learned our lessons from before.

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January 17, 2021, 01:07:38 AM
 #12

Consideration should be given to which media these are and who is funding them. Nowadays, it's hard to find media that are completely impartial.

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January 17, 2021, 01:18:42 AM
 #13

Isn't anything on the rise prone to being targetted? Especially if it was against the media/government, it isn't THAT odd tbh. The start of the era of technology back then also had these issues, and it isn't weird for there to be one right now. It's at the point where FUD is actually just part of the everyday growth of Bitcoin. Well, at the very least, the fact that they're targeting Bitcoin means that there's plenty of attention being noted to it. Let's remember how Technology was viewed with doubt back then but was still managed to integrate into our lives, I'd hope for the same to happen with Bitcoin tbh.

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January 17, 2021, 01:51:44 AM
 #14

Its not a surprise that bitcoin being targeted by some of scammers this past days.now that bitcoin has risen its value many scammers would interest in bitcoin. Holders of bitcoin must extra careful in securing their digital wallet or storag.

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January 17, 2021, 10:45:20 AM
 #15

From my perspective, The governments and banks might be wondering why bitcoin is continuously making stability and growth during the pandemic of COVID-19 because the banking system and stocks have suffered, and bitcoin and cryptocurrencies don't. So the media starts to targeted bitcoin and makes false accusations again, but this won't affect bitcoin's price that much because the mass adoption will stay.

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January 17, 2021, 10:58:23 AM
 #16

Nothing new here, same old same old. Every time bitcoin is low, they write obituaries. When it starts pumping they change the narrative and then they give crazy predictions and at the sign of the first correction they switch back to obituaries once again. Rinse and repeat.


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January 17, 2021, 11:39:30 AM
 #17

Bitcoin has a lot of enemies which can surely push FUD into the media. I'm talking about stock markets and banks, traditional investors. But another thing is that the media works by announcing something which is a big deal, and people tend to be more engaged when something bad happens that when it's something good, so journalists have to come up with ways of presenting their news as if something risky is happening. For instance, when Bitcoin was still way above the ATH of the previous years, but the price went down to $30k, there were lots of news like this: "Bitcoin falls as record-breaking rally loses steam". So while Bitcoin was still doing unbelievably well, they created this image of it doing terribly. I don't even blame them, they're just doing it because they need ratings.

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January 17, 2021, 12:07:34 PM
 #18

Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.

This time they are not directly targeting bitcoin but gradually.

It is inevitable.

Bitcoin is the enemy of legacy banking.

If you were the owner legacy banking, you wouldn't like it too. Why would they let you send/receive money without using their infrastructure? Their other option is regulation which is more or less as harmful as banning it.

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January 17, 2021, 12:15:00 PM
 #19

Some of this media campaigns are likely to be orchestrated by institutional investors who need to fill their position. You see... having big pockets has its disadvantages. They need to engineer liquidity from somewhere and they do it by creating bearish sentiment. Retail investors bite the trap and they feed into their positions. My suggestion: be careful about where you place your stop losses.
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January 17, 2021, 02:11:44 PM
 #20

LOL news like that is only made to disrupt bitcoin. They just want to buy bitcoins cheaply. What they are doing is only to benefit their side. Currently, several large agencies and companies are buying bitcoin in large quantities and more and more are investing in bitcoin. Evidenced by the price of bitcoin that continues to reach its latest ATH. FUD like this has become common news when the price of bitcoin is getting higher. We'll see what happens next.

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 airbet 
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