Quote from: richardsNY on July 08, 2017, 08:16:24 PM

Quote from: CrownPolly on July 08, 2017, 08:00:26 PM

You are absolutely right, that's what people are starting to create a panic for those who will buy at a cheap price Bitcoin. But I too will take advantage of such moments and will wait for it to boil.

People aren't so easily to fall for whatever form of trolling or fud. Those that do end up believing that nonsense and start selling as result, are complete noobs. People can spread as much fud as they want, it won't affect the market at all if it isn't coming from the more well known news sources, or any other high level person. Just look at how desperately kwukduck has been trying to convince people that Bitcoin is fundamentally broken -- just look where the market is standing today. Nothing that happens on this forum will ever trigger the price to tank significantly, just forget about people spreading fud to buy cheap coins. This isn't the altcoin section.

True but that does not mean that FUD can be a very effective weapon especially in markets that are not very well known, in coins like bitcoin, FUD is becoming ineffective, due to the size of the market but when it comes to altcoins someone may crash the market by spreading FUD and then take the opportunity to buy cheap coins after the market crashes.