Post
Topic
Board Bitcoin Discussion
Re: Lets fight the FUD toguether
by
Bolt Brownie
on 05/02/2018, 15:04:02 UTC

And recently, more and more people have now started to use payments in batch, native segwit, dynamic fee estimation as described here some days ago https://en.bitcoin.it/w/index.php?title=Techniques_to_reduce_transaction_fees&action=history

And these are good news in my opinion. I do believe that most of the transactions are made by exchanges, so they really need to optimize the way they do this. Even without the LN there is no reason for the fees to be this high (even now, after they decreased a bit), so exchanges need to use segwit and batch transactions.

As for Cash App and Robinhood, I have nothing to say other than LOL
Maybe this is nothing special, but this is still a way for more people to get easy access to crypto, so I find those good news. Right now the majority of "investors" uses exchanges, that seem to be almost sabotaging crypto (by not batching tx and no using segwit), so if these new ways of buying crypto offer a good alternative to coinbase etc, then I find them good news.

I think the community is used now with the fake news, and people outside the crypto community are also used with fake news. The problem is media that don't understand what news they got (high-quality standard in journalism in 2018)

I think we should be at large scale if we really want to fight these FUD. Fake news are uncontrollable specially if the audience are being too lazy to read the whole content of the article which are mostly BIG HEADLINES that CAPTURE THEIR ATTENTIONS of the readers. This would stir the fear which happening  right now in the crypto world.

The community might be used to fake news, and I do believe that those users are not responsible for the bloodbath we are currently seeing, but the new "investors" that don't really understand crypto are somewhat responsible for what is happening. I'm not obsessed with the price, like I said before I have bitcoin for long term, and I'm waiting for adoption and real use cases for them, and I have a cash bankroll just for trading. But it's still sad to see these coordinated FUD attacks. They can't last for long though, but if we can fight them, I think we should. So if you have some good news, please share them.