Do you consider spreading FUD to be unethical?

[o48o]

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?

IT's as unethical as shilling the coin or manipulating markets while being a whale i guess.

I am guessing that response to your question would depend on your definition of unethical when it comes to markets because one can see the whole trading as unethical.
Prices dropping is a godsend to anyone who has done their research and believe on the coin as they can get it cheaper.
For anyone who is over-invested or is in it for a quick buck, they are losing money for sure. But then again they most likely would be losing it without any fud.

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[justdimin]

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.

I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.

[cryptomaniac_xxx]

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.

I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.

But it's hard to distinguished in the beginning if that the news is fake or real, that is the problem. We have to read between the lines, who are the source, have the crypto news outlet validated it or not?

That's why still on us, to whether believed on it or not, or make our decisions based on that news. So maybe it's unethical, maybe it's not. We don't have control on who is going to read it, or what will be their reaction is.

[kamvreto]

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.

I think people are just focusing too much on "fake" fud spreading and that is why they are so sure about the situation and why they think it is bad.

The reality is that we are talking about a situation that is much worse and there are situations where it is just people who think that it is actually dropping and that's why they are telling it, which is definitely not an easy thing to say because we don't really know if it will go up or not, but the reality is that we are just unsure about it. That is why I believe that we shouldn't be shocked about it and just accept that FUD is not done for a fake fear type of thing all the time, sometimes it's real.

But it's hard to distinguished in the beginning if that the news is fake or real, that is the problem. We have to read between the lines, who are the source, have the crypto news outlet validated it or not?

That's why still on us, to whether believed on it or not, or make our decisions based on that news. So maybe it's unethical, maybe it's not. We don't have control on who is going to read it, or what will be their reaction is.

There are several ways you can do to distinguish whether the information is FUD or not, such as:

• Check the source of the information and make sure that the source is reliable and trustworthy.
• Make sure that the information received has a strong basis and is supported by concrete evidence.
• Don't rush to conclusions and read the full information to understand the context and true meaning.
• Get opinions from various independent and reliable sources to get a better picture.
• Don't be swayed by emotions and strive to make rational, fact-based decisions

[Unbunplease]

Food is one of the tools of the economy. Yes, it's not exactly an ethical tool, but it is a certain incentive for economic decision-making. And food also allows people to develop a sense of equanimity and a tendency to analyze deeply when making decisions. If a person repeatedly steps on the same rake, it is a signal that he needs to change something in himself urgently

[AverageGlabella]

There are several ways you can do to distinguish whether the information is FUD or not, such as:

• Check the source of the information and make sure that the source is reliable and trustworthy.
• Make sure that the information received has a strong basis and is supported by concrete evidence.
• Don't rush to conclusions and read the full information to understand the context and true meaning.
• Get opinions from various independent and reliable sources to get a better picture.
• Don't be swayed by emotions and strive to make rational, fact-based decisions

You are correct but it is not as easy to check a source sometimes you find a rabbit hole of sources where a lot of them are fake and they are quoting other bad quality sources. A lot of the time these fud machines have many websites they own and they will create similar headlines and similar content and link to each other to try and make their fud look like it is real. A lot of people fall for this because most people do not check the sources but when they do they will only check the linking source and will not look for verifiable information or sources which are known to be trustworthy. Removing emotion is 1 of the hardest things to do when you are invested in something. This feeling increases the more you have invested. It is hard and I do feel for newbies that fall for these traps because it is not their fault. I wish this forum removed FUD to stop newbies getting hurt because I think it is very unethical and should be removed.

[pantek talacuik]

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.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

[Joshapat]

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.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

[kamvreto]

You are correct but it is not as easy to check a source sometimes you find a rabbit hole of sources where a lot of them are fake and they are quoting other bad quality sources. A lot of the time these fud machines have many websites they own and they will create similar headlines and similar content and link to each other to try and make their fud look like it is real. A lot of people fall for this because most people do not check the sources but when they do they will only check the linking source and will not look for verifiable information or sources which are known to be trustworthy.

Unreliable sources of FUD usually come from sources with a specific motive, such as marketing or propaganda, or sources that do not have sufficient knowledge and do not verify their information before publishing it. Some examples of unreliable FUD sources include media outlets that have a specific agenda, individuals or groups that have a vested interest in influencing market prices, and websites that are unverified or not reputable. To avoid FUD, it is important to do your research and verify information from reliable sources that have accurate and up-to-date information. Also, it is important not to be unduly influenced by unverifiable opinions or information and to stay focused on verified data and facts.

Removing emotion is 1 of the hardest things to do when you are invested in something. This feeling increases the more you have invested. It is hard and I do feel for newbies that fall for these traps because it is not their fault. I wish this forum removed FUD to stop newbies getting hurt because I think it is very unethical and should be removed.

Sometimes emotions are a serious obstacle when making an investment. If emotions are not controlled, the investment that should get a profit, in the end must get a loss. 

[philipma1957]

If I tell you that bitcoin will be worthless because all governments are going to ban it tomorrow and I link to a shitty website as the source I could persuade people to panic sell and then lose out on money. This does not benefit me except for pushing the price down if there is a enough people panic selling but by spreading FUD I have caused many people who panic to sell their btc at a loss. How is that not unethical?

that is not uncertain that is a lie.


1) crypto/btc is not going to be worldwide banned tomorrow.

but if you said that

2) all the governments of the world have the ability to declare crypto/btc illegal over the next 2 years

that is uncertain.

so 1 is not okay to say
2 is okay to say.


part of life is constant uncertain shit happens day after day.

it is okay to talk about it.


The other day I read the earths core stopped spinning then reversed its spin.


https://www.cnn.com/2023/01/25/world/earth-core-turning-scli-scn-intl/index.html


A) I never heard about this
B) seems interesting
C) I have zero idea if it is a bad thing for us as humans.

D) if I say it means we humans will all die as this means the second coming of christ and the end of times.  I would be lying as I have zero idea if that is true.

E) if I say it scares me and I hope that it won't speed up Greenland from melting So I am selling my beach house moving to the mountains.

I am spreading an uncertain set of  issues that I have about the earths core.

F) the reality for me Is I don't care as either way I will be dead in 50 years or less (I am 66 right now)

It is a fine line between lying and uncertain shit and how you say it.

[wmaurik]

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.

The spread of FUD will have no effect on the market if there are not many people who believe in the FUD. This is why it's so important not to believe every new piece of news that comes from an unknown source. After all, everyone also doesn't need to immediately consume all the news if they haven't had time to check further on every new news that is available.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

The direction you are referring to is a very general direction and very contrary to the FUD issue being discussed. It really isn't just about the larger investment size that everyone should be primarily focused on, but buying more Bitcoins at the time of a correction and then considering it a long-term investment. I think it's a little better than just focusing on buying more for investment, but without considering the current market conditions.

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

FUD is something that really deserves to be ignored and doesn't even need to be influenced by it if we already know that the content of certain news is not true. Because one day the makers of FUD will also feel bored when the news they produce is no longer valid for consumption by many people and I hope that this can happen as soon as possible this year.

[AbuBhakar]

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

FUDS makes the price high and lows, we can't deny during those times that FUDS is one of the basis how many traders able to trade with high profit since it's easier that time to manipulate the market when you are a whale and you spread news, but now many already learn and there are many ways now that we can fact check or verifies whether the news is true, as we experience more how the market works we happen to just ignore now FUDS and just deal with our plans especially when it comes in altcoins since they are too many we learn now to only focus on coins that we're able to study.

[Unbunplease]

By the way, FuD does not always lead to the result that the fUD initiator expects. There can always be a bigger player who can run his own game and who is interested in the opposite result. Therefore, the fUD initiator can be at a loss.

[pantek talacuik]

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.

Many factors will drive the rise of Bitcoin later in the future, so don't focus too much on one point that is not certain to happen later. the thing you should do is to continue to invest large amounts to still be able to see Bitcoin grow.

FUDs have been massive since 2015, at that time many millionaires in the world continued to urge their governments to ban bitcoin, in China banned bitcoin has been officially enforced since 2017, and the good thing is that this is a free promotion that makes other people interested to know and finally invest bitcoin, there's nothing better for us to do with those FUDs than ignore.

The best way to continue to see Bitcoin grow in the future, but I'm still wondering whether Bitcoin will undergo a big change with the end of Bitcoin or there will be new Bitcoins that will overlap the old Bitcoins.

[KingsDen]

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 a major part of the cryptocurrency industry. Fud moves the market to any direction. Fud makes weak hands to sell. As it is with FUD, it is also like FOMO (Fear of Missing Out).
If FUD, FOMO and other related  things are not in the cryptocurrency market, there won't be profit for traders and institutional investors.
So fud is ethical in the cryptocurrency industry.

[19Nov16]

On the other hand, the presence of social media has had a negative impact, nowadays anyone can easily spread fake news or FUDs, and if we pay attention, the spread of FUDs to kill cryptocurrencies seems organized, there are even many companies that pay for advertisements in many media for talk shows and reporting on FUDs, of course the spread of FUDs is not only unethical but has entered the criminal category.

[palle11]

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

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

[Hamphser]

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

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

Unethical on the sense that it is really that deceiving people but its true and i do agree on what you had said about an analytical advise which could really be neither be accepted or rejected basing up on communities decision and approach with those fuds that had been scattered.
For those people who had been on this market for lots of years then these kind of things turns out to be a part of this market on which lots of issues had been thrown and lots of positivity could really be in involved
which it would really be a mix up of two.
This is what makes things even more harder for you to make out decisions because when we do speak about fundamentals then it isnt always that effective and could be
rejected out most of the time.

[AmoreJaz]

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

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

as we don't know most of the time the source of this fud spreading, we can assume some are like planted statements from the dev team to gain something from the situation. also, this is where you can test how the holders know how much about the facts of the project. if they are rock solid supporters, they should know about the real status of the project and that will give them a heads up if it is still worth to hold or not.

[Lubang Bawah]

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

I think sometimes fud can be used as a business strategy to get more cheaper price when weaker hands panick and hands off their holding. It may not be unethical in this aspect because it wasn't a threat but a analytical advise open to acceptance or rejection. This is what whales do to get the demand dropping and if demand drop then the price will also fall, it is just a business strategy and not unethical.

as we don't know most of the time the source of this fud spreading, we can assume some are like planted statements from the dev team to gain something from the situation. also, this is where you can test how the holders know how much about the facts of the project. if they are rock solid supporters, they should know about the real status of the project and that will give them a heads up if it is still worth to hold or not.

If we look at the spreaders of FUDs they seem very structured and organized, I'm sure they get paid or sponsored so they look very neat, the best response to these FUDs is to ignore whatever the FUDs are, bitcoin has proven to be a very profitable investment if we hold it for the long term.