Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
Sled
on 26/04/2017, 02:53:09 UTC
Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.

I just don't get it.

Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!

Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!

This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?

I think we need to stop giving the panicking people attention and focus more on positive sides.
They are just trying to spread rumours and make new investors panic thereby forcing them to sell their bitcoins at very low prices.The big whales who spread the rumours would buy those cheaper bitcoins.

I don't think that people will get panic anymore as they are well aware that even if price drops it will only on a temporary basis and in long run the price will surely increase so I don't think that people will entertain those rumors now and will sell their bitcoins at lower price.

Only those who have recently entered the bitcoin community do this. And those who have long been following the price of bitcoin perfectly understand that bitcoin can not die right now. He at the beginning of his development

Not only the new ones but i have seen some old and experienced people also fud that bitcoin will die on this and that date due to whatever foolish reasons they give. I think they want to create panic so bitcoin price drops and they buy more at cheap.  Wink
Yes those people who are old in bitcoin are professionals in creating this kind of event or panic because they know that there is a lot of newbies in bitcoin world and they can easily dictate them to do a particular move if they will create some hype or fud about bitcoin. The only reason why they are creating hypes or fud for bitcoin is to generate profit.