FUD seems to be majorly targeted towards well perfoming assets like Bitcoin.

[Lucius]

Some people who have been on the forum for some time should be clear about some things, and one of them is why the mainstream media always emphasizes Bitcoin in a negative context, while the losses of global companies are always presented as something normal in business.

All these mainstream media are owned by several large global corporations, behind which stand certain interests of various institutions, primarily banks for which Bitcoin (for now) does not fit into their business philosophy. Consequently, the one who controls the media can control public opinion about anything, and this has been proven countless times. If you do not want to listen to all this nonsense, just do not read and watch those media that serve you such information - ignore button is not something that exists only on this forum.

We also constantly hear about why gold is better than Bitcoin, but its value today is almost the same as 10 years ago, and no one mentions it in the context of inflation and the eternal claim that gold is the best store of value...


Source

[fullhdpixel]

The chart you are seeing below is not of Bitcoin or one of those meme shitcoins. Folks, this is a chart of the "mighty" Paypal Holdings stock price over the years, which a steep slump in the last few months. Whereas the chart maybe open for interpretation, but imagine if this was happening to Bitcoin. There would be lots of FUD everywhere, spearheaded by mainstream media about how it's over for Bitcoin.



When it happens to the likes of PAYPAL, they go silent. What does this tell you about mainstream media?

Biased towards crypto!

In the future, when waves of FUD come by. Just ignore  

Over for btc huh? Why cant they say the same with paypal? Or someone already did this after they saw that chart? It could really be the end of paypal because btc is now getting noticed by the many and maybe the decline of paypal is caused by the btc because those that invests in paypal are now transferring in btc.

This can be a new thing to paypal so it will get threaten badly but how many times this happened to btc? People are now immune to fuds. We know that btc can still recover no matter what happens. Another reason why they target popular assets is because it is a good investment anyway, and if people panic that's the time they will attack investing.

[LoyceV]

It could really be the end of paypal because btc is now getting noticed by the many and maybe the decline of paypal is caused by the btc because those that invests in paypal are now transferring in btc.

Bitcoin isn't going to kill Paypal. Their competition nowadays comes from Apple Pay, Google Pay and Alipay. Websites on which I used to use Paypal now just know and remember my creditcard number.
Paypal used to be the only option, those days are long gone. I can't wait for Bitcoin to be more commonly accepted though, I'd gladly surrender the "security" of a creditcard for being my own bank.

[carlfebz2]

When it happens to the likes of PAYPAL, they go silent. What does this tell you about mainstream media?

Biased towards crypto!

In the future, when waves of FUD come by. Just ignore  

There were no news or headlines about this stuff until you had mentioned it and i wasnt aware that Paypal does have that declining path which i do agree that whenever centralized things or big companies like this

wouldnt really be getting much headlines whenever they do experience the worst but for Bitcoin then we do really see the different side of things which it isnt actually surprising
yet Media would always be bias with the government or something that connects to it.Its not surprising that they do really focus with cons to make it look
bad or should be avoided into those people who doesnt know about its existence.

[KaliLinux]

Each time Bitcoin has crash, people make a Bitcoin death call. In total there are more than 400 calls like that in Bitcoin Obituaries.

Hilariously, people don't make such death call when other traditional assets crash. PayPal is example, Crude oil in 2020 is another example. Let them be and who can accept Bitcoin sooner, they are only-one-chance takers.

Oil prices went negative a year ago: Here’s what traders have learned since

Well true that but even with all this information now being made available to the cryptocurrency community, the question is, why do we keep reacting to these FUDs even when we know they are FUD? It has been proven time and again that Bitcoin is unkillable by anybody or entity but some investors and most traders still react to every news which we know the mainstream media has never been fair when it comes to Bitcoin.

[Kelvinid]

That looks the same as what happened with Bitcoin now and the rest of cryptocurrencies. FUD is hitting back again but not only crypto as we notice but also in the other form assets. Many speculations arise that this dropped because of the Russia and Ukraine conflict but seems it was wrong. Honestly, it was the media who spread FUDs caused panic and make people sell off their assets.

Hmmm, real investors are benefiting from this and say thanks to the media influencers who did this FUD.

[kryptqnick]

I've seen yesterday that the Russian stock market's bleeding heavily (it was on the level of the losses of the pandemic announcement in 2020), but this was at least understandable with everything going on with the war. But I had no idea PayPal had such a terrible chart, so at odds with the stereotype of a stable stock market! So thanks, op, for sharing this chart. It indeed shows how unfair people are to cryptos when they say they're prone to volatility when even very reputable companies suffer similar losses from time to time. I do ignore the crypto FUD, and now I know what to show those who don't.

[ChiBitCTy]

You’ve made a pretty good point here. At first I thought you were posting a photo of something like the S&P 500 or some other indicator but PayPal is a pretty worthwhile comparison. You are exactly right, a chart like this in bitcoin terms would have people going crazy with FUD. Great point made here.