Post
Topic
Board Bitcoin Discussion
Re: I am worried!
by
Kemarit
on 19/01/2018, 07:21:36 UTC
Everyday, more and more fud are being spread all throughout the internet because of the recent happenings on bitcoin. Which causes the prices to decrease even more. Even when they do not have enough knowledge about bitcoin peole believe them because they are famous. I think this will be bad for bitcoin. Specially for newbies that only bought bitcoins for greed and don't understand how it works. They will surely panic sell and also spread fud about bitcoin because they lost capital because of their stupidity. This really is a but scary. But i sure won't be selling my bitcoins no matter what.

Welcome to the ecosystem. And since the market is based on speculation, you can't take away that there are a lot of people who are going to spread FUD not just in this community but in other social media as well. Actually before bitcoin gain popularity, a lot of media have been attacking it. And intensifies when it became well know specially mid 2017. Of course the price may pullback because of the false news, however long term effect? it won't. As much as we don't like negative rumors, its not only in this ecosystem, but you can also find FUD's in stock market as well. So you better research and use your better judgement before making your move to dump your bitcoin and don't panic if the market crashes.