Post
Topic
Board Economics
Re: Bitcoin price "drop"
by
Soots
on 08/10/2018, 22:29:49 UTC
I think the price of bitcoin is somewhat better now. This is a sign of recovery and I am sure when bitcoin recovers to an appreciable amount, the issue of FUD and other negative comments will be stopped. The price of bitcoin is the cause of people nagging and I strongly believe that, by the end of this year, everybody will cheer up.

The spreading of FUD is not the problem. The problem is the people who invest directly into bitcoin without knowing it first. Thats why they will get easily get panic when their is a massive drop of bitcoin and sell their funds all of a sudden.

Fud is a problem to me mate and this isn't a joke because many people from previous months really been affected a lot. This is very serious matter for every trader who seem to be frustrated due to negative publicity. We as community needs to be more educated in order to control emotions, despite of the dropping price whose prone to downfall at certain situations that cannot be controlled.