wmaurik
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February 15, 2023, 11:08:30 AM |
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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.
If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD.
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Falconer
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February 15, 2023, 01:21:15 PM |
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If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD. FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price. There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.
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o48o
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Leading Crypto Sports Betting & Casino Platform
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February 15, 2023, 02:53:57 PM |
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FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.
There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.
I wouldn't even call it FUD when the haters speak, because they are not trying to spread Fear Uncertainty or Doubt. They are just either bitter or downright laughing at the stupidity of crypto enthustiasts. Most of the time they don't have enough information to provide any insightful comments and they are only spreading hate. Some of them are doing that because of envy, some because of the waste of electiricty and enviroment. Some genuinely see whole crypto scene as one big pyramid scheme or money laundering operation. Some just don't even bother to learn about it and hope it will pass so they don't have to. Because "FUD" is originally a propaganda tactic and either is or isn't based on facts, with the only purpose of it is to manipulate prices. Not everything negative is a fud but people exaggerating negative news in hopes of panic are the very definition of FUD.
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kamvreto
Legendary
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MAaaN...!! CUT THAT STUPID SHIT
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February 15, 2023, 04:49:56 PM |
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FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price.
There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks.
I wouldn't even call it FUD when the haters speak, because they are not trying to spread Fear Uncertainty or Doubt. They are just either bitter or downright laughing at the stupidity of crypto enthustiasts. Most of the time they don't have enough information to provide any insightful comments and they are only spreading hate. Some of them are doing that because of envy, some because of the waste of electiricty and enviroment. Some genuinely see whole crypto scene as one big pyramid scheme or money laundering operation. Some just don't even bother to learn about it and hope it will pass so they don't have to. Because "FUD" is originally a propaganda tactic and either is or isn't based on facts, with the only purpose of it is to manipulate prices. Not everything negative is a fud but people exaggerating negative news in hopes of panic are the very definition of FUD. FUD will not be based on facts, because most of the news that is spread is just nonsense or just rumors that are deliberately made and spread to influence the market price or a targeted coin. This is a manipulation carried out by Some crypto users who have a strong influence on the crypto ecosystem. It's easy to spread FUD and easy to spread the good news. Everything was planned, the news that was only exaggerated was only for manipulative purposes. It is very unethical if you participate in spreading FUD. It's best if you are still new to it and don't understand it, read and study it first, then that will stop the spread of FUD.
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darewaller
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 15, 2023, 07:48:31 PM |
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If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD. FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price. There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks. That is basically what happens most of the time. I mean if you are not a whale but a hater than you do not have the media power to talk bad about it and get it spreading, because you are not famous nor a rich person. But when you are a whale, meaning you have a lot of money, that means you also have a lot of influence and power over media and you could definitely manipulate the market by saying the worst things possible about bitcoin, make it go down, and then another whale friend would go out and say the nicest things and make it go up and then you would both profit from it at the same time. They already doing that all the time and it's not new.
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Lanatsa
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 15, 2023, 10:37:31 PM |
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If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD. FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price. There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks. That is basically what happens most of the time. I mean if you are not a whale but a hater than you do not have the media power to talk bad about it and get it spreading, because you are not famous nor a rich person. But when you are a whale, meaning you have a lot of money, that means you also have a lot of influence and power over media and you could definitely manipulate the market by saying the worst things possible about bitcoin, make it go down, and then another whale friend would go out and say the nicest things and make it go up and then you would both profit from it at the same time. They already doing that all the time and it's not new. Not really new and nothing surprising but we know that Fuds could neither be affecting the market or would really be just simply rejected it out.This is why when it comes to fundamentals then it isnt really something that recommended for you to trust it up 100%.Also, you should make yourself that Fuds are really that manipulative or tending to shake off those weak hands and before this market would make out some huge pump or green candle.This is why you should really be that wise on whether you would be making yourself that affected neither fud or shills or fomo. These are the primary things that you would really be able to encounter into this market which you should need to make yourself that fully aware.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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Jody.Drummer
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February 23, 2023, 02:58:47 PM |
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If you digest it or think about it, not all of the FUD makers are actually paid for or sponsored by certain circles. Because the creators of FUD are actually people who simply hate Bitcoin and cryptocurrencies so they won't hire anyone else to make FUD as long as they can do it themselves for free. So now anyone can tell the difference between people who like Bitcoin and those who don't like Bitcoin, because it always shows in what they say or do through FUD. FUD not only created by bitcoin haters, but even bitcoin whales can create FUD and pass it on to various media for their own benefit. Realize it or not but I think that's how they manipulate the market where at one moment they can make traders to panic and sell their asset and at another they can hype the market to make increase the price. There is no right solution to stop FUD because basically there are several people who can use it for their own benefit, but regarding FUD, traders and investors only need to be responsible for themselves and their assets. Ethical or not, it only depends on yourself in understanding FUD and minimizing trading and investment risks. True, they don't think about ethical or not, the most important thing is that all their interests are achieved by the FUD they are doing. You are right that it is the investors who will really determine the assets here, we do not have a solution that will really work well if the asset holders affected by FUD are spread. Investors just need to be ignorant of the news that discredits bitcoin. Also when there is bad news about bitcoin, don't let us as investors spread it, because that's what FUD makers want. The more the news spreads, the bigger it will be, we don't know how many people will finally believe the news and panic sell.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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KingsDen
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Goodnight, o_e_l_e_o 🌹
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February 24, 2023, 05:41:40 PM |
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
Spreading FUD is not unethical. It is the nature of the market and FUD is one of the tools to force market move is a certain direction even when not due to move. The wise people in the market benefit from FUD. Meanwhile fud is also considered a bad tool become it can bring down an honest project. If not that binance is solidly rooted, the FUD spread against it would have brought it down this time. Yet, the biggest challenge is that the FUD originators benefit from it while the spreaders may be the losers.
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AverageGlabella
Legendary
Offline
Activity: 1232
Merit: 1080
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2023, 05:44:50 PM |
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
Spreading FUD is not unethical. It is the nature of the market and FUD is one of the tools to force market move is a certain direction even when not due to move. The wise people in the market benefit from FUD. Meanwhile fud is also considered a bad tool become it can bring down an honest project. If not that binance is solidly rooted, the FUD spread against it would have brought it down this time. Yet, the biggest challenge is that the FUD originators benefit from it while the spreaders may be the losers. It should not be the nature of the market and because it is the nature of the market does not mean it is ethical. Wars are not ethical but they happen. Hacks are not ethical but they happen. Just because something is happening and it is normal does not mean it is ethical. How can spreading false information knowing that it will manipulate a market be ethical? That is the opposite and you can go to jail for fraud. Doing this is fraud and it could be punished if it causes enough damages. Just google hoaxing and fraud and you will see that spreading FUD knowing it is misinformation can land you a criminal record.
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KingsDen
Legendary
Offline
Activity: 1204
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Goodnight, o_e_l_e_o 🌹
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2023, 09:52:30 PM |
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
Spreading FUD is not unethical. It is the nature of the market and FUD is one of the tools to force market move is a certain direction even when not due to move. The wise people in the market benefit from FUD. Meanwhile fud is also considered a bad tool become it can bring down an honest project. If not that binance is solidly rooted, the FUD spread against it would have brought it down this time. Yet, the biggest challenge is that the FUD originators benefit from it while the spreaders may be the losers. It should not be the nature of the market and because it is the nature of the market does not mean it is ethical. Wars are not ethical but they happen. Hacks are not ethical but they happen. Just because something is happening and it is normal does not mean it is ethical. How can spreading false information knowing that it will manipulate a market be ethical? That is the opposite and you can go to jail for fraud. Doing this is fraud and it could be punished if it causes enough damages. Just google hoaxing and fraud and you will see that spreading FUD knowing it is misinformation can land you a criminal record. You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one.
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Oilacris
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2023, 10:39:51 PM |
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Do you consider this FUD-spreading unethical or do "shaky hands" get what they deserve?
Spreading FUD is not unethical. It is the nature of the market and FUD is one of the tools to force market move is a certain direction even when not due to move. The wise people in the market benefit from FUD. Meanwhile fud is also considered a bad tool become it can bring down an honest project. If not that binance is solidly rooted, the FUD spread against it would have brought it down this time. Yet, the biggest challenge is that the FUD originators benefit from it while the spreaders may be the losers. It should not be the nature of the market and because it is the nature of the market does not mean it is ethical. Wars are not ethical but they happen. Hacks are not ethical but they happen. Just because something is happening and it is normal does not mean it is ethical. How can spreading false information knowing that it will manipulate a market be ethical? That is the opposite and you can go to jail for fraud. Doing this is fraud and it could be punished if it causes enough damages. Just google hoaxing and fraud and you will see that spreading FUD knowing it is misinformation can land you a criminal record. You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one. Basing up on technical indicators which the price could really be having that strong support on 22k point and if there's a breakout then 18k could really be that possible.We've seen some fuds and negative fundamentals around which we could really be able to thought that it would make the price make out some huge corrections and price decrease but it didnt. Making up some -2000ish isnt something that shocking anymore into this market. It is really just that people do make out some reactions just because we've been long time on moving sideways.The price now is trying to break that 25k price but it do keeps rejected.
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savetheFORUM
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February 27, 2023, 10:19:46 AM |
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Basing up on technical indicators which the price could really be having that strong support on 22k point and if there's a breakout then 18k could really be that possible.We've seen some fuds and negative fundamentals around which we could really be able to thought that it would make the price make out some huge corrections and price decrease but it didnt. Making up some -2000ish isnt something that shocking anymore into this market.
It is really just that people do make out some reactions just because we've been long time on moving sideways.The price now is trying to break that 25k price but it do keeps rejected.
I can't remember if there are any FUDs that have happened this year but if ever there are, I still dont think people will bait on it. Everyone should learned a lot from the past FUDs already. There is no huge corrections but only a minor one right after we touch $25k. I think this was the second correction already. The first one is when we hit $24k and then the price drops at $22k and $23k level. Even though we already witnessed $20k last year, I think it will be a little shocking if we experience this year because its been a long time since we stay on $22k and $23k levels and if ever the price dips more then its bottom will be $21k only.
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bettercrypto
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 28, 2023, 07:25:13 AM |
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Well in the first place, we have different opinion on your question about OP, some of us here is may believe it is unethical, and others are not.
And for me, if I understand what is happening here in the Crypto Business Industry field, I would not think that it is unethical, it can even help us actually, because somehow it can be measured here if we become mature or learned something while we are in the midst of study here in crypto trading business anyway.
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wmaurik
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 01, 2023, 06:48:36 AM |
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Well in the first place, we have different opinion on your question about OP, some of us here is may believe it is unethical, and others are not.
And for me, if I understand what is happening here in the Crypto Business Industry field, I would not think that it is unethical, it can even help us actually, because somehow it can be measured here if we become mature or learned something while we are in the midst of study here in crypto trading business anyway.
Trading in crypto and having it as a side business is nothing wrong to do and what you are expressing here is well worth doing because as one learns to understand whatever is in the crypto space one can trade for monthly profits. Because whether a job is ethical or not is actually only assessed by each individual. But as long as a job doesn't bother many people and can be carried out without involving many parties, I think it's a very ethical thing to do.
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btc_angela
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2023, 10:44:18 AM |
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Well in the first place, we have different opinion on your question about OP, some of us here is may believe it is unethical, and others are not.
And for me, if I understand what is happening here in the Crypto Business Industry field, I would not think that it is unethical, it can even help us actually, because somehow it can be measured here if we become mature or learned something while we are in the midst of study here in crypto trading business anyway.
Well if you trying to trick someone with your FUD then obviously it is unethical right? It's very close to scamming people to spread negative news on bitcoin when it is untrue or un-dumbfounded. So for me be it's a bad practice, maybe we are in disagreement about it, but that's how I call FUD. And that is the same reason why I don't believed everything that I reach in crypto media or even in youtube or any other social media as they could have some narrative behinds those FUD's, just saying.
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AverageGlabella
Legendary
Offline
Activity: 1232
Merit: 1080
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2023, 03:05:54 PM |
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You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one.
It is called market manipulation and if you are invested and intentionally drive prices down by spreading fake news that is a crime in most countries. Elon Musk got accused of it when he bought into Bitcoin and then started back peddling a couple of weeks later some speculate that he is still privately invested in Bitcoin and used Tesla and his Twitter to drive the price down.
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stomachgrowls
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2023, 09:11:53 PM |
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You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one.
It is called market manipulation and if you are invested and intentionally drive prices down by spreading fake news that is a crime in most countries. Elon Musk got accused of it when he bought into Bitcoin and then started back peddling a couple of weeks later some speculate that he is still privately invested in Bitcoin and used Tesla and his Twitter to drive the price down. Manipulation isnt something new because even if its already that obvious with those whales and big institution who are involved then there's still nothing you can do but to go or ride with the flow.There's no way for us to determine out on where the price would be heading on because fuds and shills could really happen along the way.Ethical or unethical? It doesnt matter because thats not how people would be treating it out. Its way been too obvious then what? On this unregulated market and decentralized then there's no way that you could able to determine or even tend to sue out.So as a trader or investor then you should really that prepared for whatever things that you might encounter along the way which turns out to be normal.
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blockman
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2023, 09:26:46 PM |
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It is intentional and I think it's unethical but this is all about the market and will be winners and losers as much as we can. Those that spread FUD and they've got a passion for what they do, I mean the trades. Only those that are big enough to be believed by people in the community have got what it takes to get successful dissemination of FUD. And we do get it a lot of time and even if the market gets better, they will just stop for a moment and then be back at it again to make the shaky hands sell their holdings. They've learned it somewhere else but they've seen it very doable through bitcoin.
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Wiwo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 02, 2023, 09:47:17 PM |
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It is better we come to the point, were any unrealistic speculation and in backed data will not be counted, since most fuds lack data to support their claims and they've based their judgement on falsehood, but then only newbies can fall for that since an individual spreading of fuds does not false me to sell my bitcoins.
-Since I am not losing while holding bitcoin and also I lose only when I sell my Bitcoin below the amount I bought it, so I will apply common statistical knowledge and make my decision based on my personal conviction of the market knowing fully well that we can't predict the outcome of the future Bitcoin DCA price.
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Ultegra134
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 05, 2023, 05:17:00 PM |
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You are correct if you see FUD (Fear, Uncertainties and Doubt) from just one side, i.e the negative side. In a real sense the current price of bitcoin as I drop this post is $23,139.60 I want to buy $10k worth of bitcoin but I have fear that bitcoin may not rise above 24k till this month ends. I am also uncertain if the price will drop lower than 23k so that I can gain more bitcoin. Then I put up a post in my blog of over 2million bitcoiners subscribers and say that bitcoin will crash tomorrow to $10k, then people panic and sell. I then buy lower in price and make a counter post that bitcoin will rise and people begins buying again. This is just how the industry moves and I don't consider it unethical. You that is in the industry should identify FUD when you see one.
It is called market manipulation and if you are invested and intentionally drive prices down by spreading fake news that is a crime in most countries. Elon Musk got accused of it when he bought into Bitcoin and then started back peddling a couple of weeks later some speculate that he is still privately invested in Bitcoin and used Tesla and his Twitter to drive the price down. Elon messed with the cryptocurrency market a lot during that period. Except for the pump of Bitcoin he caused, he also caused a lot of fuss with Dogecoin, which exploded right after his tweets. If he was messing with stocks, he would have been prosecuted now, but cryptos are unregulated, and he's free to do as he pleases. Although his tweets don't have the same manipulation power anymore. There are a lot of so-called analysts that may spread FUD, some deliberately and some due to their fear. As long as it's not intentional and based purely on their personal opinion and genuine fear, I'm fine with it.
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