Quote from: deisik on April 12, 2017, 05:19:20 PM

Quote from: sportis on April 12, 2017, 06:40:24 AM

Quote from: HongKong on April 11, 2017, 12:35:50 AM

Quote from: Pettuh4 on April 10, 2017, 07:21:05 PM

One thing I know that Bitcoin always comes back strongly anytime there's media propaganda against it and this is no different at all, a lot of the tv critics are eating a humble pie and I hope they remain shut . Bitcoin will always recover from th negative news and we are headed to the moon.

I sometimes think about news usually hating on Bitcoin because someone said something or the price went down $0.70 cents, I have a feeling that these people that are making the news articles are just trying to post FUD so they could purchase more coins on the low. Bitcoin isn't something that I would consider a MLM scheme so these people know that it's legit so I can't understand why they are hating on it so much.

There are not only people who speculated in order to buy cheap coins but there are people who speaks everyday about a possible hardfork. The way I see it the latter are the most harmful in bitcoin's price. It is very difficult to gain the people's trust and very easy to lose it in a short period of time

Could you please make your point clearer?

It looks as if you are speaking about people losing trust when they talk the same bullshit about the hard fork constantly. This is one thing. But your words can be interpreted as if you actually spoke about Bitcoin losing trust because of all these people. If what you mean is the latter, then I don't think that Bitcoin will lose any trust due to idle and empty talks. We saw the price decline down to 900 dollars per coin after the BU fud had massively hit the fan but now Bitcoin is steadily rising and will likely continue to rise in the future

If the result of a price drop is because of a bad news or much of just a speculation than anything will surely recover in its normal price or even higher than it. With that being said Bitcoin's price is always determined by its demand the whales immediately will sell Bitcoin after hearing a bad news making other weak hands sell their position as well. But the good thing about it is that it will recover as soon as the news will die down or if discovered that it is just a speculation it will recover more quickly.