Do you consider spreading FUD to be unethical?

[Fundamentals Of]

It's totally unethical; no but's. It's like saying scamming is okay because the victim didn't educate himself of scams — it's unethical regardless of how dumb the scam is.

I do agree Although whether like it or not fud or fake news will be there till the end of the day, cause Haters is gonna hate and it always like that right

For me FUD is not plain black and white. So I think you cannot generalize every single FUD as unethical. There are probably still ifs and buts. FUD needs qualifying.

If for example there's a FUD saying the US is about to release an order for all Bitcoin transactions to be banned and all who owns Bitcoin should therefore sell right away or face the risk of being prosecuted, that FUD is a complete lie and is therefore unethical.

But for example there's a FUD saying everybody should sell because the Fed is about to raise the interest rate and the price will most likely fall in reaction, that FUD is not a lie and is therefore not unethical.

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[OgNasty]

I think if you’re spreading misinformation for nefarious reasons like lowering the price of an investment or scaring people away from an investment then that is definitely unethical. If you are genuinely afraid for reasons due to your own ignorance than I could see how expressing your fear is a cry for being educated and not an unethical spreading of misinformation.

[Pejoh Asu]

In my opinion, spreading FUDs is no longer unethical but a crime. Nowadays it is very easy to spread FUDs because almost everyone has social media like Facebook, Twitter or something else. Of course, FUDs are only carried out in a massive and structured manner. They even pay the media to spread FUDs. Unfortunately the cryptocurrencies community doesn't really care and let the FUDs go, it's appropriate that the perpetrators of spreading FUDs are said to be criminals.

[goldkingcoiner]

While we can all agree that panic selling is newbie domain, there are also veterans who love spreading Fear, Uncertainty and Doubt.

Let me be the one with a different opinion here.
There are way too many veterans who scream FUD even when a fact is as blue as the sky, it is certain beyond any doubt and they still scream it's not true just because they don't like it and it will hurt the price. There were hundreds who screamed MtGox collapsing was FUD, there were thousands screaming China ban is FUD, LUNA was FUD, FTX going down is FUD!

I agree that there are waay too many people screaming FUD when trades do not go their way or they lose money due to their own dumb decisions. Such behaivor is childish and completely foolish. But technically, they are not really spreading FUD but rather they are blaming FUD on their problems when they themselves caused their issues.

Real news, which has not been in any way manipulated or overexaggerated is always most welcome to anyone, veteran or not, but I think there is quite a difference between someone complaining about the news and someone who purposefully engineers his own FUD, using the news as a basis.

For example, whenever Elon Musk tweets a picture of a doge, but does not add any textual context, I instantly see rumors being spread around of his exact intentions. Which are of course, unknown.

[Tony116]

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

But what would the market be like without the Fuds? Have you ever thought about that? We profit from market volatility, and for that volatility, Fuds is a factor in doing it. If we panic and lose because of those Fuds instead of blaming them, then we should blame ourselves for not distinguishing the real from the fake. Fuds and Fomo are two indispensable elements in the market, I think the market will be very boring without either of them.

[Davian144]

In my opinion, spreading FUDs is no longer unethical but a crime. Nowadays it is very easy to spread FUDs because almost everyone has social media like Facebook, Twitter or something else. Of course, FUDs are only carried out in a massive and structured manner. They even pay the media to spread FUDs. Unfortunately the cryptocurrencies community doesn't really care and let the FUDs go, it's appropriate that the perpetrators of spreading FUDs are said to be criminals.

FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.

[ShowOff]

FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.

FUD can be said to be bad of the crypto market because its sole purpose is to break the concentration of traders and investors. Not infrequently this FUD is just made up so that traders and investors panic and the price goes down, and in the end they get the benefits. Even if negative news can be considered as one of the reasons for the price drop, but basically the FUD spreaders are just making it bigger for their own profit.

I do not fully agree that you should ignore FUD while you are trader. FUD often causes losses among traders, especially for day traders. A drop in price can trigger their stop loss, and the realization is that they take the loss.

[milewilda]

FUD spreaders are like people who don't have a special job for themselves other than just spending time continuing to create FUD to disgrace certain parties. This is indeed worthy of being called a crime because they deliberately make news to destroy other people or certain innocent parties. It seems true what you said that this year cryptocurrency activists don't really care about FUD anymore and continue to ignore it, so lately price increases in some crypto assets have always been happening on the market.

FUD can be said to be bad of the crypto market because its sole purpose is to break the concentration of traders and investors. Not infrequently this FUD is just made up so that traders and investors panic and the price goes down, and in the end they get the benefits. Even if negative news can be considered as one of the reasons for the price drop, but basically the FUD spreaders are just making it bigger for their own profit.

I do not fully agree that you should ignore FUD while you are trader. FUD often causes losses among traders, especially for day traders. A drop in price can trigger their stop loss, and the realization is that they take the loss.

We should bare up on our minds that even without having some market sentiments around where the market price could really move on its own without having those fuds around.Yes, it does really give out some losses
and disadvantage but we know that it does have its own good side too on which on the time that fuds do really make out some significant effect on market price movement which as a trader or investor
then you do neither be able to go with the flow and make use of those conditions to buy cheap or you would really be doing the opposite.It is really hard to point out on what are the things that
individual would do because we do really have different approach when it comes to this manner.

[Yamifoud]

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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

We can't stop these people no matter what we do but let them do it. Because if we have trust in our invested coins and in the market as well, it won't bother us honestly. But for those who are still in doubt about the market credibility, simple FUDs can make them terrified and panic. I'd see this is how the market works, a lot of FUDs contributed to the volatility of the market and even use as a medium to manipulate the market.
As I've said, if we are too confident about theor investment, there is no need to get bothered, instead to keep hold.

[Silberman]

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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

We can't stop these people no matter what we do but let them do it. Because if we have trust in our invested coins and in the market as well, it won't bother us honestly. But for those who are still in doubt about the market credibility, simple FUDs can make them terrified and panic. I'd see this is how the market works, a lot of FUDs contributed to the volatility of the market and even use as a medium to manipulate the market.
As I've said, if we are too confident about theor investment, there is no need to get bothered, instead to keep hold.

A great trader will take advantage of any opportunity that presents itself regardless of the reason why such an opportunity appeared at all, I think that most of those which have been around this market for years can recognize a great deal of the FUD attempts which are made against bitcoin, and while we can do our part and try to calm down the newbies and the inexpert traders which want to sell their coins, it is not as if FUD does not bring its advantages, as for a very short amount of time it allows you to buy bitcoin for a price you may have thought you will never see again.

[gunhell16]

We hear it all the time in the news and even here on this forum - Scary price drop speculations based completely on fake/exaggerated news or on something without any kind of substance.

While we can all agree that panic selling is newbie domain, there are also veterans who love spreading Fear, Uncertainty and Doubt. These are the people who know from experience that the Bitcoin price will definitely rise, but they can't resist buying discount BTC off of panic sellers.

Bear-whales and smaller traders alike spread FUD for the reason of scaring investors and pushing down the Bitcoin price.

Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?

Spreading FUD is no different than spreading fake news about cryptocurrency or bitcoin. Those who do that have a reason and we don't know what it is.

That's why when FUD is trending and spreading, the number one thing that is affected is the market because most communities, especially those who don't know much about crypto in short, don't have deep knowledge about it, they panic, especially the investors who have large released investment.

That's why before believing, first learn to research or find out if it has truth or not, it's that simple.

[Wexnident]

We hear it all the time in the news and even here on this forum - Scary price drop speculations based completely on fake/exaggerated news or on something without any kind of substance.

Hmm, I can't really say, I'm more on the side of it being unethical but we all know trading is a competitive market, a zero-sum game. Spreading FUD is one way for other traders to get a one-up from other investors, newbies or not, and profit off of it, so it's actually just one (but probably many) of methods available. Not to mention in the first place, FUD can easily be corrected if research is done properly (though if it wasn't FUD, they may lose out depending on how long they figure out whether it really is FUD or not).

[Silberman]

We hear it all the time in the news and even here on this forum - Scary price drop speculations based completely on fake/exaggerated news or on something without any kind of substance.

Hmm, I can't really say, I'm more on the side of it being unethical but we all know trading is a competitive market, a zero-sum game. Spreading FUD is one way for other traders to get a one-up from other investors, newbies or not, and profit off of it, so it's actually just one (but probably many) of methods available. Not to mention in the first place, FUD can easily be corrected if research is done properly (though if it wasn't FUD, they may lose out depending on how long they figure out whether it really is FUD or not).

FUD is way more effective when in fact there is a reason for the panic to take place, as an example the China banned bitcoin kind of FUD happened every year, and while at a time it was very powerful it has lost its potency over the years, however when the FTX exchange collapsed FUD was everywhere and it was very effective as the FTX did indeed collapse, the FUD came in the form of fake news assuring other exchanges like binance will collapse as well, something that was never close to happen and yet people at the time believed it.

[LogitechMouse]

There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

[Biscutard]

There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

Absolutely unethical i agree to that but how about the people who knew well about the crypto market? I think they secretly wish weak hands will bite into the FUD to bring bitcoin price down and they can buy at a cheaper price. All of us here might say the same thing that spreading FUD is unethical but we cannot blame those people who are spreading bad news because there are also people that doesnt do their own research before investing.

[bettercrypto]

There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.

[Hamphser]

There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.

When you are just still new then these news or simply fuds could easily affect you out on which it would really be ending up for you to be that impulsive towards your investment position on which you might be
selling out because of panic which is really a very common act to be done specially by noobs who hadnt have any experience on this market. FUD is common and also with shills and hypes and this is why its is
really that ideal for you to be wary into these things because neither unethical or not it would really be just giving out on the same impression.
This is why it would be depending on someones knowledge and experience on what are the actions that they would be making for whatever conditions or situations that they might faced on.

[AverageGlabella]

There is no gray in area in spreading FUD's. It's all black area therefore, it is unethical.
I mean is there a time where spreading a FUD became ethical?

FUD itself is considered unethical, but for me, FUD's is a good thing especially when that FUD really has a great effect on the price of every cryptocurrencies. FUD's = opportunity for us here while for some, FUD is something that they hate.

Overall, people see FUD's differently. There are times that they see it as an ethical way for some reasons and there are some like me who are not. After all, spreading FUD's to the public is a perfect way for the market to be shaken. FUD's for me is a way to remove the weak hands.

Maybe in the eyes of the majority here in the cryptocurrency community, the spread of Fud is not good, but if you look at it from a different angle, you can also see and measure the extent of your knowledge in this industry.

     This is also where we can find out for ourselves whether our knowledge is deep or shallow. And you will also see the different opinions and views of others which one you think is right or wrong.

But FUD is dangerous I do not want people to test their knowledge and I would prefer if people were intelligent enough to verify sources. I know sometimes we can get emotional and when a headline is attacking btc we sometimes shout FUD when they have good points and have backed up their info but FUD should be called out and frowned on because it can be dangerous. it can lose people money or it can convince people to sell from bogus news. I think Elon Musk said btc was bad for the environment on purpose to manipulate the market and that should not be allowed that should be a criminal offense.  it is unethical to manipulate a market with fake news so you can benefit from it but the news are doing this all the time and I bet some of them are invested in btc when they put out the fud headlines. I wish we could investigate it and check whether there is a conflict of interest when they report fud.

[MarjorieZimmermanGinger]

It is not only an ethical issue or not, but rather ethics in conveying public information, even though there are no boundaries that can limit the spread of FUD or FOMO. The awareness to spread news that has no source of certainty is an inappropriate reaction, while spreading news that has a source of certainty is an effort to maintain the continuity of correct information. Journalists have ethics that must be considered in writing news, they usually use the 5W1H pattern.

The elements of truth and subject matter must be paid close attention to, so that published news does not mislead people, but we can never limit the spread of FUD or FOMO, because the rest of the news filter depends on the understanding of the reader in receiving the information.

[Wong Gendheng]

Spreading FUD for no correct reason, of course, is a very embarrassing action and deserves to be in the criminal category, but we deserve to be happy with bitcoin users who are very strong and do not easily believe in FUDS, so that whatever is spread has no effect, the main key is the power of a strong market so that Making bitcoin can skyrocket when the spread of FUDS is increasingly massive.