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Author Topic: FUDS started against Bitcoin as asusual  (Read 386 times)
meanwords
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December 11, 2021, 08:15:22 AM
 #21

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

It's bear season so it's really expected to have those. FUD has always been part of Bitcoin and in the cryptocurrency space. Just ignore them. I think there's enough resources and information around the internet for the newbies to read or watch. Bitcoin has been making so much noise for so long that I think people have a general idea that it's a risky investment. The good thing about FUD is that it will remove weak hands and those who doesn't know what they are into. Anyway, Let the chart do the talking once Bitcoin starts pumping again. 
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December 11, 2021, 09:06:33 AM
 #22

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

Some people just feel good by spreading fud when it's not even necessary and they probably have a very limited idea of what is happening,  unfortunately it is always the inexperienced and the vulnerable that will react to such cheap fud,
I will urge investors, new or old to learn to do their own reading about the current situation in the world in general, read about the progress btc has made so far and compare to previous situations, besides, dips are part of the market, it doesn't stay down forever.

Of course there will always be those who hate Bitcoin, because we can't possibly get everyone in the world to support Bitcoin. Therefore the Bitcoin
haters will usually spread FUD about Bitcoin, with the intention of wanting to stop the development of Bitcoin. But we all know that almost every year
there are FUDs popping up, but the fact that how many FUDs are circulating can't stop Bitcoin. Because many Bitcoin investors are getting smarter
and not affected by the circulating FUD. Therefore Bitcoin continues to grow rapidly, although there are lots of FUDs in circulation. Maybe only newbies
and some inexperienced people are affected, therefore usually the effect of FUD is not long.

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December 14, 2021, 03:38:44 PM
 #23

Good and bad news always alternate, and it makes the market move, of course we can't deny that.
The OP's idea to teach newbies a lesson that Bitcoin is not a means of gambling is great, but are we capable to teach them en masse outside the forum? I think it takes a tremendous effort to be realized.
Personally i'm introduce Bitcoin to those who ask, not as a gambling tool, but as an electronic investment commodity or an independent digital investment tool outside the traditional banking system.
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December 14, 2021, 04:42:00 PM
 #24

Fuds and negative things about Bitcoin and even about other top altcoins will always exist and we can't control it. However, if ever Bitcoin drops to $40K I don't think that it's something to panic about because that's part of its volatility. If we'll look back at the previous value of Bitcoin we could see how it improved and developed to reach its current price. As for me, too much Fud doesn't deserve our attention.
We can somehow control it though, I mean people just needs to shut up and think rationally, it's that easy. Plus, I don't get how FUDs are still a thing in bitcoin, it's 40k USD and even if it has gone down, that's still a lot of money compared to what it was back in 2009 and there's also this trend that those who spread FUD are those that isn't even in the cryptospace at all.
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December 14, 2021, 04:49:30 PM
 #25

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

It's bear season so it's really expected to have those. FUD has always been part of Bitcoin and in the cryptocurrency space. Just ignore them.
To tell the truth, FUD has always been a part of the market is just that there were not seen or relevant when the market was in full swing. Compared to now, the FUD is not back but almost like found because many people are digging for it to reassure them of their views and opinions.

FUD is always around. It is only what we decide to do with it that can then have an impact on the market - so act responsibly.
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December 14, 2021, 05:33:30 PM
 #26

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

Aren't we already immune from such FUDs! But yes, a large portion of the bitcoin community still believes in media news and  also sometimes the market itself creates concerns among the investors. I think we are standing in a time, where the global markets are going down, money printing machines are busier than ever and bitcoin market is also following the same trend as global market.

But this kind of situations really shows the difference between a gamblers and an investor. For a gambler, it's time to come out of the market and for an investor, it's time to buy in. That's simple!

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December 14, 2021, 05:54:00 PM
 #27

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.
Could we see a link to the posts that you are referring? I say this because I think there is a difference between FUD and legitimate predictions about the price of bitcoin going down.

After all even if bitcoin is this incredible asset, bitcoin still follow its own market dynamics and its price can go down like any other asset around the world, so if someone predicts that during the short term the price of bitcoin will go down and they present a set of arguments of why they think that is the case then that is not FUD at all in my book.
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December 14, 2021, 05:59:33 PM
 #28

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k
There are lots of them, soon as bitcoin drops, speculations are scramming left and right. They're not FUD but just speculations. That's pretty normal though, newbies tend to believe it as well some don't. Those who have enough knowledge and solid decision will remain and those who are in doubt will back off and sold off, the normal buy and sell in the market.
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December 14, 2021, 06:57:47 PM
 #29

It is also sometimes the fault of the newbies.

Whenever the market falls, they're quick in looking for some negative news. Yes, they're looking for any reason just to know why the market has fallen.

In short, they're the ones that look for something to be feared of. But that's part of experience and eventually they'll grow onto this market and soon, if there's another dump, they'll just chill and relax and will be the ones to remind the next newbies to be not worried.



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December 14, 2021, 07:42:08 PM
 #30

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.
When you are just new into this market then you would really be mainly thinking about this manner but just let them be because sooner or later once they do

gain up experience they would really be realizing and able to ignore those things around whenever new Fuds do come out into the market and find out that

it isn't something special for us to take some attention but actions would really vary depends on your experience.Some are relevant but most of them
are just trying to stir up the market.

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December 19, 2021, 05:16:07 AM
 #31

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k
There are lots of them, soon as bitcoin drops, speculations are scramming left and right. They're not FUD but just speculations. That's pretty normal though, newbies tend to believe it as well some don't. Those who have enough knowledge and solid decision will remain and those who are in doubt will back off and sold off, the normal buy and sell in the market.

Yes, that's true as newbies tend to follow the speculations posted in the forum or elsewhere and end up dumping and here we cannot blame the newbies alone as I have seen some tenured users getting panicked and end up selling at a huge loss, I think over commitment is the reason for this as users sometimes end up investing more than they could afford to lose and when the value starts dropping it becomes really difficult for them to holding on to Bitcoin or any crypto. If we stick to basic then we will not be at this vulnerable situation.

Whenever there is a dump in bitcoin prices we see negative sentiments everywhere followed by negative news. Due to this everyone is affected and not only the newbie's investors.
Most people come in crypto trading thinking that they will only see their portfolio grow. This is not the case in reality and they should be prepared for both types of market conditions, bearish and bullish.

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December 19, 2021, 05:24:23 AM
 #32

Most people come in crypto trading thinking that they will only see their portfolio grow. This is not the case in reality and they should be prepared for both types of market conditions, bearish and bullish.
Actually, its not bad to think that bitcoin only increases, only if their perspective of it is in long term investment, at least 3 years of holding is not bad.
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December 19, 2021, 05:34:47 AM
Merited by The Sceptical Chymist (2)
 #33

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling.
Well, I guess those you think are fudding maybe doing that from hindsight, giving the happenstances of past years and how price reacted to them. I'm one of those who believe that Bitcoin will get into a bear season in 2022. I'm guaging it from the 2018 data. If what happened in 2017 played out in 2021 as predicted, then I don't see why the dip which has been predicted for 2022 won't come upon us. The same way we accept FOMO should also be the same way we look at FUD. It shouldn't be a one sided optimism. I don't see anything wrong with reading Bitcoin charts objectively and saying it the way it is.

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December 19, 2021, 01:04:17 PM
 #34

I don't think much about that post as bitcoin is strong enough to lift the price in the future, even if many people out there are still trying to attack bitcoin with the bad news. Only those who don't trust bitcoin will sell their bitcoin because of reading that news, but they will regret it in the end. I am sure we already warn newbies not to sell bitcoin at a downtrend instead of just buying more bitcoin but we can not force them not to panic sell, especially if they lack the information about bitcoin.
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December 19, 2021, 02:08:16 PM
 #35

I have seen few post in the forum again which is portraying Bitcoin price in negative lights again and some are predicting Bitcoin will go below $40k, it's creating panic and sense of fear amongst the inexperienced users which may lead to panic selling. I would urge all to make as much educational post on Bitcoin as possible to keep the newbies and other users away from fuds and also to make them understand that Bitcoin is a technology and not a gambling where they can double their money anytime. It's decentralised and fluctuations will always be there and we need to adopt to it instead of cashing out by losing out on capital investment.

Some people just feel good by spreading fud when it's not even necessary and they probably have a very limited idea of what is happening,  unfortunately it is always the inexperienced and the vulnerable that will react to such cheap fud,
I will urge investors, new or old to learn to do their own reading about the current situation in the world in general, read about the progress btc has made so far and compare to previous situations, besides, dips are part of the market, it doesn't stay down forever.

Of course there will always be those who hate Bitcoin, because we can't possibly get everyone in the world to support Bitcoin. Therefore the Bitcoin
haters will usually spread FUD about Bitcoin, with the intention of wanting to stop the development of Bitcoin. But we all know that almost every year
there are FUDs popping up, but the fact that how many FUDs are circulating can't stop Bitcoin. Because many Bitcoin investors are getting smarter
and not affected by the circulating FUD. Therefore Bitcoin continues to grow rapidly, although there are lots of FUDs in circulation. Maybe only newbies
and some inexperienced people are affected, therefore usually the effect of FUD is not long.

FUD Fear, Uncertainty and Doubt is not just spread by Bitcoin haters, it is also
spread by FUDsters, people who are only targeting "weak hands" and weak hands
are the people who buy when the market is moving up or who buy at the top - $69,000,
and who only see the present and cannot look past the current market value of ~ $48,000.

They are easy targets and the FUDsters prey on them, and try to make them sell at the most inopportune time.
Threads like this will help because we are all in agreement, its just up to
the weak hands to read.

R


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December 19, 2021, 02:15:20 PM
 #36

We can somehow control it though, I mean people just needs to shut up and think rationally, it's that easy. Plus, I don't get how FUDs are still a thing in bitcoin, it's 40k USD and even if it has gone down, that's still a lot of money compared to what it was back in 2009 and there's also this trend that those who spread FUD are those that isn't even in the cryptospace at all.

Why control it? I personally am happy for the FUD to be around for several reasons. The first being that every negative aspect proven wrong or overcome only strengthens the case for Bitcoin, and probably wins over its detractors. The second, no FUD, no bargain prices for me. I know we all wanted 100k BTC by end of the year (I know I did) but the FUD's helped to delay that, which is all the better for people like me still stacking them sats Wink

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December 19, 2021, 02:57:40 PM
 #37

I guess there's nothing new about it, In every season of the year we can read several posts, and articles telling FUD and negativities about Bitcoin like "saying those and telling this" but still, the market continues to grow, despite all of those negativities that were bombarded on Bitcoin, it remains strong and able to achieves another milestone.
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December 19, 2021, 03:13:43 PM
 #38

This is honestly something that happens Everytime, sometimes even the experienced users Panic sell during such times, the Volatility of the market is what makes it different than other currencies backed up by something important. The volatility is what makes the market profitable and more alluring for the new investors, therefore this is honestly the right time to invest and put your money in the bitcoins and hold it for the long term, taking the money out does mean that you are not really doing anything but you are just loosing your money and your bitcoins as well. As long as you don't encash you don't loose.

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December 19, 2021, 03:25:06 PM
 #39

Whenever there is a dump in bitcoin prices we see negative sentiments everywhere followed by negative news. Due to this everyone is affected and not only the newbie's investors.
Most people come in crypto trading thinking that they will only see their portfolio grow. This is not the case in reality and they should be prepared for both types of market conditions, bearish and bullish.

Following up on that, you have to remember that a large part of the media likes to publish themost outrageous things, and in particular, if there is information on that which can be used to agitate a market, that news will be spread all over the place. In fact, some news channels seem to have an agenda which they are trying to prove, such as certain stories about certain problems which are affecting the bitcoin community. When things like that happen, often reporters will take things out of context and mislead people in order to generate interest in their network. However, those who read deeper can easily understand that this "news" is not what it seems at all. The message they send out is often completely distorted and misguided.

But it could be used in a constructive way. In the same way the press may have some information which can be used as a tool for educating people, that could be used in a positive manner as well.

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December 19, 2021, 04:09:41 PM
 #40

Isn't it quite normal for these FUDs to occur when bitcoin starts gaining traction. Panic selling is what creates dump in the prices.
I would say it's actually good for such dumps to occur occasionally so that others could get an opportunity to buy at lower prices.
Eventually more number of buyers start buying and price goes back to higher levels.
Also, we don't need such FUDs to make educational posts on bitcoin, we should be doing it every now and then so that more number of people are aware of it.

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