Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: masterrex on January 13, 2019, 06:00:36 AM
-
Its almost everyday i was able to read more negative news about the Crypto-currency and some related articles and most of the people are easily believe in it. The next couple of hours its a dumping Spree begins. Question is this a nature of Cryptocurrency relying on the news outside?! I believe the crypto capability is more than this. whats your opinion regarding this?!
-
Due to the unregulated activities of cryptocurrency, the people outside the crypto space with limited or no knowledge about the fundamental concepts cryptocurrency always associate it with scam. Governments also play a part in this with the intention of spreading false news about this innovative technology which eventually awaken fear in people. It is high time crypto enthusiasts went out and spread the truth about crypto to our family and friends.
-
If you have not noticed yet, the cryptocurrency market is still highly speculative. So any negative news will have an effect.
I also think that there's still a small percentage of people who really believe in the fundamentals of bitcoin and other quality cryptos.
-
If you have not noticed yet, the cryptocurrency market is still highly speculative. So any negative news will have an effect.
I also think that there's still a small percentage of people who really believe in the fundamentals of bitcoin and other quality cryptos.
Effect of highly speculation also makes the psychology of the people inside it still unstable. That's right, you say that negative news is still very influential in it.
But the longer and many people learn and know about crypto, the effect of the negative news (FUD) will decrease.
-
The primary use of FUD is to let the price fall down.. This is to create a big opportunity to whales to fill their bags because the price is down, specially some other special altcoins out there.
-
Sad to say but the current market is still based on speculation as @MVT already pointed out. That will probably remain as long as there's no regulation and as long as many still trade using their emotions (I am referring to panic sellers/buyers).
-
I believe usually FUD created by the whales to buy the coin at much cheaper value as compare to the current market price. Panic sellers react to the FUD very quickly. Fud only worsen the market. Yes I agree many people believe on FUDs easily and I see many of the newbies reacts on other words or on negative news. I also believe crypto has the huge potential/capability and those who knows does not sell in panic they remain calm in even dumping because they have faith this market can bounce back anytime. The only thing we can do spread awareness about crytos to avoid the FUD effect on market.
-
Since market is very sensitive to the issues, some people try to spread out FUDs to make the prices going down. Speculation and issues are the two major things related to market. The demand in market sometimes depends on them. It is not surprising yet crypto is decentralized.
-
Since market is very sensitive to the issues, some people try to spread out FUDs to make the prices going down. Speculation and issues are the two major things related to market. The demand in market sometimes depends on them. It is not surprising yet crypto is decentralized.
Cryptocurrency is more like decentralized on paper but it is heavily influenced by big bag holders. Whoever has more money can move it
-
Negative news was created to damage prices on the market. It is all deliberately made to make prices go down and can buy at a cheaper price. It is an action that can harm other parties who have already bought it first.
-
Such news is created especially for manipulating people and their actions. You should have understood this a long time ago and made the appropriate conclusions.
-
If people were at least partly interested in what is happening in the crypto-sphere and began to develop in this direction, they would distinguish the news.
-
All the garbage is created by those people who benefit from the fall of cryptocurrencies or non-professionals who do not understand anything about it.
-
Understanding people about cryptocurrencies and their performance is usually reduced to" invest money and forget " that's all, which is why any news about the collapse of cryptocurrencies for them as a pure coin.
-
Now we are watching how the number of such news is decreasing, and exponentially. Now they want to restore the market.
-
I've seen this kind of news quite often, but more often than not, it was like, "This is the end. Run, fools. "
-
The possibilities of cryptocurrencies at the moment seem limitless, although many people do not understand this.
-
Such news are created exclusively for uneducated people who are trying to make money quickly and get out of this sphere.
-
In my opinion, bitcoin is highly centralized. Manipulators control the course as it suits them. Satoshi Nakamoto did not want this, but it all came to this. Everyone sees how the course and news are played. You can not do it this way.
-
In my opinion, bitcoin is highly centralized. Manipulators control the course as it suits them. Satoshi Nakamoto did not want this, but it all came to this. Everyone sees how the course and news are played. You can not do it this way.
I think nobody can control Bitcoin or Altcoin. Because they are decentralized. If prices go up because some groups buy orders with price manipulation, they will lose a lot if the price drops 20-30% in 24 hours.
FUD can increase prices and reduce the price of crypto, but let's see when Binance is attacked by hackers with 7000 BTC. BNB and Bitcoin prices drop in a moment then the price rises again in a few hours
-
Cryptocurrency is manipulated by the billionaires. They can Pay media just to report bad news about crypto so that the price will dump and they can buy it cheaper from the weak hands. That is their strategy to accumulate and earn more.
-
Volatile is one of the deadliest disadvantages of cryptocurrencies. Unfortunately, people use this disadvantage to gain benefit for themselves. FUD is just one of the methods. The opposite form of FUD is good news. Some irrelevant or less relevant events can be exaggerated and published to create hype. That said, people must be well educated and cool headed to live well in the crypto world.
-
Positive news about crypto could drive the price higher but since crypto is unregulated and if someone who is a famous person talks bad about Bitcoin it could create a lot of panic and pull out of investment.
-
Such news are created exclusively for uneducated people who are trying to make money quickly and get out of this sphere.
It may be one of the factors. However, not only about it but there are also some other factors. Haters and dumpers also can make the news for their own purposes. I think there is a lot of people having own goals in crypto space. They create news to make people be afraid of its future.
-
-
What makes you not understand?
I will explain a little about FUD, NEWS and FOMO.
FUD = creates bad news about cryptocurrency.
NEWS = good news from cryptocurrency (want it about BItcoin or Altcoins)
FOMO = News made to boost the price of all cryptocurrency, such as incitement.
-
Whales whales and whales... The FUD on the news are for dumping the price more. You do not need the news you can see it also in the youtube channels. When bitcoin was at 3k they were calling 1k now they are spreading FOMO that btc will go to 100k!
-
Its almost everyday i was able to read more negative news about the Crypto-currency and some related articles and most of the people are easily believe in it. The next couple of hours its a dumping Spree begins. Question is this a nature of Cryptocurrency relying on the news outside?! I believe the crypto capability is more than this. whats your opinion regarding this?!
I think Fud is part of cryptocurrency which is always there when the market goes to the skyrocket again. Let say bitcoin, someone spread the new with regards bitcoin that it is bubble which make influence some traders or invedtors to make confuse whether they dump they bitcoin or not. But for me, if i were the holder I won't listen in fud instead I keep holding because I believed in bitcoin potential.
-
Whales whales and whales... The FUD on the news are for dumping the price more. You do not need the news you can see it also in the youtube channels. When bitcoin was at 3k they were calling 1k now they are spreading FOMO that btc will go to 100k!
Yes, whales can take advantages from the FUDs. They may use the FUDs to control the market or the prices of crypto coins. I think some crypto channels are used by them to spread out the FUDs. It seems the whales playing the FUDs in crypto space.
-
FUDs will be always created by people to take advantages. There are various reasons how they create the FUDs, we cannot mention them one by one. However, they should have the purpose of gaining profits. So, ensure our selves that we realize it very well.
-
I don’t know how it is now, but before, the cryptocurrency market was very dependent on various news related to cryptocurrency, but now it rarely works.