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Author Topic: Bitcoin Falling due to FUD (Fear Uncertainty Doubt) ?  (Read 384 times)
Sirait
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December 05, 2021, 02:19:51 PM
 #41

Whales will continue to make FUDs that are negative in nature to influence prices so they can buy more at low prices, never believe the existing FUD, it's just a trap.

This dump is made for us to buy more and I can still hold my Bitcoins in my private wallet. You even can not take it from my cold dead hands


OP also can't get my bitcoin even though in my cold dead hands lol.


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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 05, 2021, 02:36:54 PM
Merited by JayJuanGee (1)
 #42

What you think about this new FUD roaming around.

You can't hold crypto in private wallets anymore ?

Maybe this is the reason crypto market is Falling. 
I actually do not know if that's the reason, and of course there is no way to be exactly sure of the reason for a pump or a dump, but if that's truly the reason, then it's only people who are somewhat new to the network that will fall for this, for a long time now there have been a lot of propositions on possible sanctions by governments, some have been implemented, while others are still in motion, but the thing still remains that it can't really affect Bitcoin for too long, it could cause a temporary fall in the price, but in the long run it becomes inconsequential as the price will definitely rise back up again. Having said that, there is no way the government can regulate users holding their funds in private wallets, I believe this is just a ploy to get people scared and worried and to dissuade them from using Bitcoin, we must understand that as far as the government know they can't control Bitcoin, print it or do to it as they please, just as they do with their fiat currencies, they will continually be hostile to the network.

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December 05, 2021, 02:54:54 PM
 #43

What you think about this new FUD roaming around.

You can't hold crypto in private wallets anymore ?

Maybe this is the reason crypto market is Falling.

Or there is some other reason behind ?



  

Even IF this were to be true which I don't think it is cos I still haven't seen a link to this, no sane crypto investor would hold their crypto assets in a wallet that would be controlled by someone else. Even the exchange wallet has been argued not to be SAFU for HODLing you valuable crypto assets. Whatever the case is, I strongly believe it is one of them FUDs as usual, and come tomorrow, Bitcoin will jump back on track. 
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December 06, 2021, 11:15:50 PM
 #44

What you think about this new FUD roaming around.

You can't hold crypto in private wallets anymore ?

Maybe this is the reason crypto market is Falling.
I actually do not know if that's the reason, and of course there is no way to be exactly sure of the reason for a pump or a dump, but if that's truly the reason, then it's only people who are somewhat new to the network that will fall for this, for a long time now there have been a lot of propositions on possible sanctions by governments, some have been implemented, while others are still in motion, but the thing still remains that it can't really affect Bitcoin for too long, it could cause a temporary fall in the price, but in the long run it becomes inconsequential as the price will definitely rise back up again. Having said that, there is no way the government can regulate users holding their funds in private wallets, I believe this is just a ploy to get people scared and worried and to dissuade them from using Bitcoin, we must understand that as far as the government know they can't control Bitcoin, print it or do to it as they please, just as they do with their fiat currencies, they will continually be hostile to the network.
Oh, indeed! the majority of cryptocurrency investors, not just bitcoin are considering the month of December a time for cashing out on crypto assets. Thus, many people are on high alert to sell their crypto when the market makes a sudden move. FUD is the major reason why many people are selling their cryptocurrency now, they are afraid of losing their money because the market is fluctuating, unsteady. 

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