(FUD) negative statement against Bitcoin

[bassbity]

I am actually happy if there are people who insult bitcoin, which means that it indicates the presence of bitcoin is increasingly becoming the center of attention, because behind them they are worried that there are threats that will disturb bankers. Bitcoin users are increasingly embarrassing their babbling, so they try to shake us up but in fact it will have no effect on our contribution to bitcoin. We will continue to need them, as our reference in the future.

[kpierce77]

I am not surprised if the government and banks give negative statements against Bitcoin, because they feel threatened by the presence of Bitcoin.
Though they don't need to do that, because I don't think Bitcoin will threaten fiat or replace it. Bitcoin was created as a payment alternative for fiat,
so it is easier for people to make financial transactions on the internet. Sometimes the government is often overreacting to Bitcoin, but today's
society is getting smarter and will not be affected by negative statements about Bitcoin.

I mean this is natural. the decentralized system is in stark contrast to the economic system implemented by banks. they will definitely feel that when bitcoin starts to grow rapidly and people start to switch to using bitcoin then at that time the bank will go bankrupt. Although currently people who use bitcoin are still not compared to banks, look at their reactions. every time bitcoin breaks a new record, one of the board members of a particular bank will issue a statement such as bitcoin may become 0, bitcoin without a clear regulatory basis and others. because they know that bitcoin will start to take over their financial system

[Ridwan Fauzi]

I'll be happy if there are something bad happen, I mean some people who didn't like bitcoin and they have a power to change the sentiment market until many people will be afraid of it and they will sell bitcoin as they had. This thing will make bitcoin price fall, yeah I hope it because I'll buy more when its price just dumped becauss panic selling. I'm willing to sell my asset like home and land to buy bitcoin when its price is far from its all time high.

Because I'll always a faith that bitcoin can touch and even pass its previous all time high although it need a long time like two years like has happened now. Bitcoin has been considered as a store of value when the economic in all countries is in a chaos and at that time bitcoin will be a belle for every investor.

[death69]

I personally think that this advice is still useful because it raises the potential risk in bitcoin whereas people are driven crazy by this asset. You need to understand the fact that investing in any asset can make you lose all of your money if you do not have enough knowledge and experience unless you are lucky enough.

But for sure that they have a small imply of criticizing bitcoin. Centralization does not want to cooperate with decentralization. The more decentralized people are, the more power they have. Central banks will be damaged by this innovation and of course, they will do many things to prevent the situation to happen

[Silberman]

That is not a new news. IIRC, that news came when bitcoin has been soaring and got to hit $40k-$42k which has obviously made it well after such statements. But it's just a warning to those people that don't understand bitcoin and they can say whatever they want to say as a warning, as an advise or a not so good advise for those investors that wants to try it. It happens all of the time whenever bitcoin is at high or if it's at low.

It is always the same story, when the price of bitcoin begins to go up and it is impossible to stop people from looking at bitcoin and then compare the money they receive from having their money in a bank, if they are receiving anything that is, then banks and governments begin to make all kind of negative comments against bitcoin to try to discourage people from coming to this market, and I get it, they are so powerful they do not want to lose what they have and they see in bitcoin a threat that no matter what they do they cannot kill directly and that is what scares them.

[AakZaki]

Those who make negative news about bitcoin when the price of bitcoin goes up only want to buy bitcoin at a low price. They hoped that bitcoin would go down when they spread the negative news. it's just a manipulation for their own sake. There was a lot of negative news about bitcoin when Bitcoin reached the new ATH. It's no wonder anymore, but when the bitcoin price is really below a lot of positive news that will emerge.

[macson]

I don't see anything wrong with what she said.

Aren't you ready to lose everything you got in crypto? If not then you shouldn't be holding.

Do you think the war between the central bankers and the crypto holders will happen by throwing flowers to each other?

You are trying to hurt them and if you think they'll silently accept it you are delusional. This is not going to be like "turn your other cheek" crap. They will hit you back. If you are not ready for this do not hold. This shit isn't for you.

This shit isn't just for me but for all of BTC HODLER (including me and you maybe)  

It is always the same story, when the price of bitcoin begins to go up and it is impossible to stop people from looking at bitcoin and then compare the money they receive from having their money in a bank, if they are receiving anything that is, then banks and governments begin to make all kind of negative comments against bitcoin to try to discourage people from coming to this market, and I get it, they are so powerful they do not want to lose what they have and they see in bitcoin a threat that no matter what they do they cannot kill directly and that is what scares them.

you are right, i wonder last year when the price of Bitcoin was only around $ 6k, there was not a single negative word or threat to Bitcoin holders.  but when the Bitcoin price goes past $ 20k -> $ 30k -> even $ 40k the governments just like beards fires and panic.  i salute people today who see reality more than mere dreams, Bitcoin is very real giving profits while the Bank provides imaginary profits.  

[carlfebz2]

Those who make negative news about bitcoin when the price of bitcoin goes up only want to buy bitcoin at a low price. They hoped that bitcoin would go down when they spread the negative news. it's just a manipulation for their own sake. There was a lot of negative news about bitcoin when Bitcoin reached the new ATH. It's no wonder anymore, but when the bitcoin price is really below a lot of positive news that will emerge.

Thats how market do behaves when it comes to sentiments that do just pop out from nowhere.You can really see those kind of sentiments when a certain price had been reached out.

Its a kind of manipulative way of doing things specially for those big players in the market where making fud or fomo will really be a sure thing for their own advantage.

If you are an investor and really goes after or follows on fundamentals then this one would really be frustrating or really would making you got confused but with experience
you can able to differentiate which one you should react or would just simply ignore.

[imstillthebest]

Those who make negative news about bitcoin when the price of bitcoin goes up only want to buy bitcoin at a low price. They hoped that bitcoin would go down when they spread the negative news. it's just a manipulation for their own sake. There was a lot of negative news about bitcoin when Bitcoin reached the new ATH. It's no wonder anymore, but when the bitcoin price is really below a lot of positive news that will emerge.

i bet they are pissed off right now because after they released a negative news like this the price still stays at the same level no big dumps are reported  .
why wont they not do the plan b and that is to buy btc now while its cold. they can do that because they are banks and banks have big money .
they can also print money if the remaining money are not enough and put it all in btc than waste time waiting

[pixie85]

Since it's said by a representative if the central bank I'm all ears.

After reading this I know that now it's getting serious, time to sell all my bitcoins because the central bank told me to

My question to him: If I invest in Deutsche Bank or some Cyprus branch, should I not be prepared to lose all my money?

[Yatsan]

Negative statements with regards to Bitcoin is not already a new issue for the fact that even when Bitcoin is first established and getting popular, lots of people, institutions and even government have lots to say about Bitcoin which only few are good and mostly statements are negative to be taken but look at those people stating negative comments about Bitcoin is finding their way thru to acquire and to engage on the success Bitcoin is experiencing. It is natural on mankind to criticize or bash something they do not fully understand because they are merely speaking based only on what they understand and not what they know. Let them be, because there are too many years that have passed but still Bitcoin make it a point to prove itself worthy.

[Silberman]

Those who make negative news about bitcoin when the price of bitcoin goes up only want to buy bitcoin at a low price. They hoped that bitcoin would go down when they spread the negative news. it's just a manipulation for their own sake. There was a lot of negative news about bitcoin when Bitcoin reached the new ATH. It's no wonder anymore, but when the bitcoin price is really below a lot of positive news that will emerge.

i bet they are pissed off right now because after they released a negative news like this the price still stays at the same level no big dumps are reported  .
why wont they not do the plan b and that is to buy btc now while its cold. they can do that because they are banks and banks have big money .
they can also print money if the remaining money are not enough and put it all in btc than waste time waiting

The problem for them is that the people that form part of this market no longer care about what they say and instead take a look at their actions to decide what to do, while they say all of this bad things about bitcoin at the same time they are printing more money as if that is somehow going to help the economy, people are seeing this and they see that the government does not want to stop doing this so they look for alternatives, and bitcoin is by far the best alternative we have at the moment.

[macson]

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The problem for them is that the people that form part of this market no longer care about what they say and instead take a look at their actions to decide what to do, while they say all of this bad things about bitcoin at the same time they are printing more money as if that is somehow going to help the economy, people are seeing this and they see that the government does not want to stop doing this so they look for alternatives, and bitcoin is by far the best alternative we have at the moment.

the government didn't solve anything during this pandemic, depending on them will only make us die slowly.  the economy has been greatly helped by the presence of Bitcoin, a very extraordinary investment alternative.  move independently -> the best self-defense.  Bitcoin has left the government speechless with their disgusting saliva.  With the price of Bitcoin continuing to go crazy, I'm curious about what they are planning, will they issue another nasty statement!!

[mezzaluna]

often occurs where when Bitcoin makes a new record (price) then immediately someone or groups feels threatened and makes a negative statement against Bitcoin.  

A European Central Bank governing council member said bitcoin investors should be prepared to lose their entire investment, the latest such warning from a central banker about cryptocurrency volatility.

"As the UK authority said a few weeks ago, if people want to invest in bitcoin, they have to be prepared to lose all their money – that's certainly my view, " said Gabriel Makhlouf, a governing council member of the ECB, on Bloomberg TV on Friday.

She said bitcoin is not a currency, but is instead a "highly speculative asset which has conducted some funny business and some interesting and totally reprehensible money laundering activity."

a warning for those of you who feel threatened by Bitcoin --->  BTCITCOIN ARE UNSTOPPABLE

https://www.businessinsider.com/ecb-council-member-bitcoin-investors-may-lose-all-their-money-2021-1?amp&r=US&IR=T

This is just surely something that they are currently doing to at least mitigate the rise of Bitcoin's value because they are really scared to be over run or be surpassed by something digital and lose their credibility in the financial world. They really cannot do a thing about it and this is one result which is saying that they have no trust on it. It is true about the things that they have said but it is still possible for Bitcoin to have a great run this year and most people already knew what they are saying about it. Its an volatile investment so most people already knew about losing all of their investments in an instant so I guess they are just stating the obvious.

[macson]

In a speech on “payments innovation,” Deputy Governor Tim Lane said costly verification methods and unstable purchasing power makes cryptocurrencies like Bitcoin a “flawed” method of payment.

finally, I found the perfect moment for this picture lol


https://www.bloomberg.com/news/articles/2021-02-10/crypto-boom-is-speculative-mania-bank-of-canada-s-lane-says
https://financialpost.com/investing/crypto-boom-is-speculative-mania-bank-of-canada-deputy-says

[pixie85]

In a speech on “payments innovation,” Deputy Governor Tim Lane said costly verification methods and unstable purchasing power makes cryptocurrencies like Bitcoin a “flawed” method of payment.

finally, I found the perfect moment for this picture lol


https://www.bloomberg.com/news/articles/2021-02-10/crypto-boom-is-speculative-mania-bank-of-canada-s-lane-says
https://financialpost.com/investing/crypto-boom-is-speculative-mania-bank-of-canada-deputy-says

The picture sums it all up in a funny but true way. A central bank will never support any form of private money just like a government will not allow anyone to claim sovereignty.

In today's world we aren't free. We use someone else's money, live on someone else's land, drive on roads that belong to someone else with cars that we have to pay fees for every year and we pay taxes for belonging to a group that we cannot sign out of.

Bitcoin is the beginning of a big change and they know it.

[isaac_clarke22]

Uhmm. Isn't it that when you invest, you're willing to really lose your money? Not just in Bitcoin but to other methods of investing as well?
These central authorities are just trying to control people to not invest in something pseudonymous because surely they wouldn't be able to trace people's money directly unless they use an online wallet and get tracked to verified IDs.

[vintages]

Have you seen anyone or anything successful that has not encountered any negative comments from people or bodies who feel threatened? This negative comments just shows those who believe in Bitcoin are on the right path.

Every business and investment has a percentage of risk and so its Bitcoin. All those who gets furious of any little price drop are those who expects quick magic.. It's does not work that way.

[Silberman]

The problem for them is that the people that form part of this market no longer care about what they say and instead take a look at their actions to decide what to do, while they say all of this bad things about bitcoin at the same time they are printing more money as if that is somehow going to help the economy, people are seeing this and they see that the government does not want to stop doing this so they look for alternatives, and bitcoin is by far the best alternative we have at the moment.

the government didn't solve anything during this pandemic, depending on them will only make us die slowly.  the economy has been greatly helped by the presence of Bitcoin, a very extraordinary investment alternative.  move independently -> the best self-defense.  Bitcoin has left the government speechless with their disgusting saliva.  With the price of Bitcoin continuing to go crazy, I'm curious about what they are planning, will they issue another nasty statement!!

I think this has been a shocking realization for most people, the dependence on the government has been encouraged by them for decades and people simply accepted the fact that whenever something bad happens the government is going to be there to protect them, but now they are realizing that is not true and the best way to protect yourself is by doing something yourself and bitcoin is offering to all of those people that have opened their eyes an opportunity to do so regardless of what they say.

[angrynerd88]

It is true there's continuously chance included when one is into an venture wander. This kind of stuff isn't modern. Instead of fair telling financial specialists to be arranged in losing their speculation in Bitcoin, the specialist ought to be more forceful in pinpointing and closing down companies that abuse the decentralized nature of Bitcoin and utilize it to trick individuals. They fair keep on rehashing the self-evident in any kind of venture and no onw can stop Bitcoin now.