ivankoh
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January 22, 2021, 01:36:09 PM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.
Certainly so. If I remember exactly. China tends to FUD before the Lunar New Year of each year. 01/2018, Beijing tried to create rift and stop bitcoin value for manipulation then tricked people into banning all forms of burning ICOs. Dangerous to acquire.
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meanwords
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January 22, 2021, 02:04:46 PM |
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Those fake news that are circulating right now is probably scaring the newbies into thinking that Bitcoin is very vulnerable. Though it's not the case anymore and that news will become irrelevant over time. But isn't it good? at the end of the day, another one of those dip had happened again and we get another opportunity to reinvest.
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Jating
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January 22, 2021, 02:23:03 PM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.
Time is different though, 2017 was just the start so any negative news will really bring the market into it's knees. But today, we haven't seen a huge dip in the market. Maybe because investors have matured, or they simply are not affected and going to HODL. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. True, but we have seen a lot of FUD's regardless what sentiments we are in. And bitcoin is so resilient that it has its way to bounce back from this negative news. So I'm seeing a immediate jump after this FUD is over in the next coming weeks.
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very_452001 (OP)
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January 22, 2021, 04:22:06 PM |
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I'm trying to think of FUDS that they will use in the next bully cycle of 2024/25 when they try to crash it from 500k to 100k, cheap coins lol ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) : Feel free to add to the list no matter how silly they sound: - Triple Spent BTC Transactions. - Terrorists bought 3 nuclear bombs that cost 1 btc each but manage to buy 3 of them for 1 btc because of Triple Spent so they can now nuke 3 countries including the US for the price of 1 btc. So everyone be very afraid unless we ban bitcoin now. - BTC mining is melting ice caps in north pole because btc mining gives off a lot heat so BTC is killing the planet. - President Trump re-run for 2024 presidency has been funded by btc donations from terrorists so terrorists want him to win so he can break down the US for them. - There's a digital computer virus version of the Corona Virus that turns off cooling in computer systems such as turning off fans meaning btc computer mining systems will overheat & implode from no cooling so btc network is screwed. - The mainstream media will find a Japanese looking Satoshi Nakamoto intimidator and portray him as the real Satoshi and he will a lot of bad things on bitcoin like Craig Wright is doing now. - And the usual China will ban bitcoin for the millionth time.
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adzino
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January 22, 2021, 05:33:17 PM |
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Nothing new. Every time when the price starts to skyrocket, it is then we see that the "media" creates a certain interest surrounding crypto currencies. They start spreading FUDs and as the price starts to increase more, weird stories that makes no sense starts to popup. Like look at this double spending article. The way they are using titles for their articles, it sounds like the bitcoin protocol has a huge flaw that is going to break the whole bitcoin system. Again, the other day, stories were popping about a man losing his bitcoins in a hard drive. That same story keeps on popping every time bitcoin sees a bullish trend. FUDs are so common nowadays. All we can do is ignore them.
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ChrisPop
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January 22, 2021, 05:48:26 PM |
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Human emotions remain the same although we evolve (in theory) intelectually from generation to generation to adapt to an era of information. If you can be sure of something, you can bet that humans will feel fear when their portfolio goes down and greed when their portfolio value goes up. It's the way our psychology works. History is the proof.
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very_452001 (OP)
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January 22, 2021, 07:27:25 PM |
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Expect Tether USDT FUD at 50k Btc to try bring it down again. Sure there will be more FUD's this year. The Federal Reserve is printing $trillions for the stimulus cheques and were worrying about tether not being backed by the dollar. What's backing the $trillions that the printer is printing out dollars at the fed to begin with
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pixie85
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January 22, 2021, 08:36:47 PM |
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There's not enough FUD. Those rumors that you can double spend are of the same importance as some people saying that an old wallet was moved so it's probably Satoshi coming back, or when they see a big wallet being moved they respond with "it's probably someone sending to an exchange to sell". People who believe in these rumors are even dumber than those who spread them The time to buy is when there's blood in the streets.
Not yet then ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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traderethereum
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January 23, 2021, 11:59:34 AM |
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Human emotions remain the same although we evolve (in theory) intelectually from generation to generation to adapt to an era of information. If you can be sure of something, you can bet that humans will feel fear when their portfolio goes down and greed when their portfolio value goes up. It's the way our psychology works. History is the proof.
If we are ready with what will happen later, we will not feel fear or worry because I can anticipate the down of the portfolio, and we can find the other solution. Human emotions will follow whatever situations and conditions that happen around us. That is why we need to control the emotion, especially if we see the market is down. It happens to all people who are involved in crypto. Still, all of us will have each way to solve the problem and only people who can see the opportunity to survive still will stay until the situations and conditions become better.
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Lucius
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January 23, 2021, 01:50:37 PM |
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I'm afraid that people could panic and repeat the 2018 situation.
First of all, it is completely unjustified to compare 2018 and 2021, these are two completely different situations. The end of 2017 was the culmination of what started to happen after halving 2016, and the perfectly played roles of the media in creating a massive FOMO effect that caught in the net a lot of small fish that inflated the price. The people you're talking about have already sold for $20k, and those who haven't, have become weak hands on the road to $30k. The game is now run by some completely different players who have the money to steer the market in a direction that suits them. Luckily for me, this time, I changed most of my crypto into stablecoins when bitcoin was around $35k.
And you're an example of how the average cryptocurrency user thinks, you've sold your BTC for some stablecoin that is nothing but a digital fiat - even much more dangerous in the sense that it can be frozen in your wallet at any time, or that it's not backed up with literally anything.
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SaShiRaJaVu
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January 23, 2021, 09:14:25 PM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. Any news from China had an impact in the market in the past, but China banning the exchange was not FUD, they really banned exchanges from trading cryptocurrencies. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. There are negative news in bear market, how many exchanges got hacked when the market was in bear trend and phishing scams where you need to pay bitcoin to unlock your server, these are negative news. The recent FUD was the Bitfinex blunder where they claimed they identified double spent in bitcoin.
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Shasha80
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January 23, 2021, 09:54:39 PM |
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I agree one of a bull market characteristics is with lots of FUDS and scammers everywhere. Even though in fact, even during the bear market, FUDS is still there, it is usually not as big as during the bull market. Maybe there are parties who do not like the increase in crypto prices or there are parties who want to manipulate the market so that they can buy crypto at low prices.
Because every bull market there will definitely be a correction, in addition to the many whales that take profit, the correction occurs due to FUDS too. We don't want to panic sell due to lots of FUDS popping up, stay calm and just HODL the coins you have. That's the key to becoming successful investors, don't let the events of 2017 happen again.
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plr
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January 23, 2021, 11:16:20 PM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. In the early days of Bitcoin there were FUDS everywhere and many are riding the FUDS because of ignorance but now that Bitcoin has become mainstream people are doing FUDS to make a profit, the convincing power of FUDS is not effective anymore, people have learned a lot they know that FUDS creates for people to sell so they can grab it, it is indeed a manipulation and newbies or new players should be aware of it.
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Oilacris
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January 23, 2021, 11:40:49 PM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. 'Buy the Rumor, Sell the News'If you do have sufficient experience into this market not only on crypto but also into other traditional markets as well like forex and stocks then you would really be having this kind of mindset. FUDS do usually come out when its already on the peak side which it is trying to be suppressed down or corrected out or shooking off those weak hands for those big players to be able to enter on a cheaper price. Yes, this is an Old school market manipulation.
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hatshepsut93
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January 24, 2021, 12:09:16 AM |
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FUD can happen in bear market too. Or in sideways market. Or in any other market. It's simply some potentially negative news or even just rumor that gets amplified by shills or nocoiners or other people who for some reason want to see Bitcoin going down. So, I don't this being any indicator that the market is bullish.
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Hippocrypto
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January 24, 2021, 02:22:33 AM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. That's really clear to everyone right now that those manipulations was just created to create panic, yet people were so innocent and being played tricks by whales. We can't afford to be deceived all over again, let's make our asset more stronger and accumulate once opportunity comes randomly. Market manipulation kepts happening in same pattern, so lets learn from that experience and overcome the same mistakes.
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adaseb
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January 24, 2021, 06:39:27 AM |
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The Tether fud, especially what I read on Crypto Twitter really seems to be getting out of hand. Same with any Crypto/Bitcoin related Reddit groups. Many new users are basically posting alot of negative things about tether and they seem completely new to crypto which makes it hard to believe.
I understand someone from 2014-2015 who dealt with the Bitfinex hack and all that Tether fud that the "Bitfinex'd User on Twitter" is saying bad things about tether. However these people that post tether fud on these groups and twitter are completely new to crypto and they are talking like some experts. Maybe its some bots to get people to sell their BTC.
People want tether fud to be real so they can buy BTC cheaper. I am assuming many of these users sold BTC below $20K and they want to buy it back before it hits something like $100K.
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FireBallex
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January 24, 2021, 07:34:02 AM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. Wrong, after the bullrun season of 2017 when bear took over there was few FUD too, I was planning to build my portfolio in that bear season but some are already saying it's over for crypto, it's no lie that many lose tons of money in 2018 and some use that opportunity to start saying bad things about crypto, FUD doesn't know bull market only
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bitgolden
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January 24, 2021, 08:32:47 AM |
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Fud is one of the factors that always exists in the crypto market whether bull market or bear market. In a bull market, fud is bound to occur and depending on how huge it is, will likely cause a downtrend in the market, hence giving those who spread that fud as well as those waiting for price dump the opportunity to buy more and once realized it is nothing but fud, the price continues growing again. In the same way, in a bear market, most people knowing what Bitcoin offers will continue spreading fud in order to cause more people to sell, and it's quite easier in a bear market because as many people are already confused, thus any little fud they will sell. Fud is something a lot of people need to understand, so that they can make better decisions most especially when it is a fud about Bitcoin.
If you are getting out of bitcoin as soon as it drops, you are a weak hand and you shouldn't have been in crypto to begin with, however I understand the panic as well, I was one of them back in 2014 as well, when it was 1400 I bought at around 900 dollars and didn't sell at 1400 and it lead to a lot of drops as well, I didn't had too much money at the time but I got out at around 500 dollar levels and lost about a grand there. However good thing about this is the fact that I learned from my mistake and never done the same mistake again. We have new people in crypto now that we have increased so much, and they will do the same mistakes I did back in the day and they will learn from it and probably won't repeat it. So, it is good for the long term of bitcoin price if you ask me.
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coin-investor
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January 24, 2021, 10:30:34 AM |
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I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao. You will never get FUDS in a bear market. Isn't this just blatantly obvious. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Old school Market Manipulation. Old school market manipulation will not work if you are an old investor but new investors, are likely to believe it because their foundation of belief in how the market works are not that strong if you know the market it's history and who and where these FUDS are coming FUDS will not have an effect on how you will decide on your investment.
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