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+--- Thread: Is there only bad news about crypto? (/showthread.php?tid=6160195)
Is there only bad news about crypto? - nikeon - Jun 23, 2021
Have you noticed that most of the news about cryptocurrencies is bad? Day after day bad news appears on the main news board generating exaggerated fud. Does anyone have a theory as to why this effort to discredit and create fud about the cryptocurrency world?
RE: Is there only bad news about crypto? - Hamlossus - Jun 23, 2021
(Jun 23, 2021 08:11 AM)nikeon Wrote: Have you noticed that most of the news about cryptocurrencies is bad? Day after day bad news appears on the main news board generating exaggerated fud. Does anyone have a theory as to why this effort to discredit and create fud about the cryptocurrency world?
Yeah I noticed. Same thing happened in 2017 bullmarket when it was nearing it's end.
Probs whales buying articles to manipulate the market is my theory.
RE: Is there only bad news about crypto? - T0Bi - Jun 23, 2021
(Jun 23, 2021 08:13 AM)Hamlossus Wrote: Yeah I noticed. Same thing happened in 2017 bullmarket when it was nearing it's end.
IIRC exactly the opposite was the case.
The bull market ended when the news where positive af, everyone was hyped and nothing could go wrong. The delusion was insane.
Bullmarkets (in other areas as well) usually end on hype, not on bad news.
I don't think this bull market is over, but maybe I'm delusional :D
RE: Is there only bad news about crypto? - Hamlossus - Jun 23, 2021
(Jun 23, 2021 08:16 AM)T0Bi Wrote: IIRC exactly the opposite was the case.
The bull market ended when the news where positive af, everyone was hyped and nothing could go wrong. The delusion was insane.
Bullmarkets (in other areas as well) usually end on hype, not on bad news.
I don't think this bull market is over, but maybe I'm delusional :D
Dunno dude, I remember news articles coming out about bitcoin being a huge bubble that will crash and it did crash after few weeks. I saw negative articles in my feed all the time when BTC was at it's highest
RE: Is there only bad news about crypto? - LoGiurato - Jun 23, 2021
Buy while the fools are selling.
RE: Is there only bad news about crypto? - Lilith - Jun 23, 2021
If you think that only bad news comes out about crypto, you're either just not looking or you're only getting your news from main stream news sources that have little to no concept of what's going on in the crypto world. Here's just a few pretty damn good news to come out in the past 24 hours alone:
Coinbase Approved to Enter Japanese Cryptocurrency Market
Project ALFRIED, Germany's largest publically funded roadside project, will be built on IOTA Chrysalis
New Bank of America Report Says Digital Currencies 'Could Boost Economic Growth' in Developing Countries
RE: Is there only bad news about crypto? - nikeon - Jun 23, 2021
(Jun 23, 2021 08:23 AM)wintermute Wrote: If you think that only bad news comes out about crypto, you're either just not looking or you're only getting your news from main stream news sources that have little to no concept of what's going on in the crypto world. Here's just a few pretty damn good news to come out in the past 24 hours alone:
Yes, I know there is good news, what I find strange is that in most of the sites (especially the sites oriented to the general public) they are promoting the bad ones. I don't understand why they do it, they try to make the reality look worse than it is.
RE: Is there only bad news about crypto? - Lilith - Jun 23, 2021
(Jun 23, 2021 08:47 AM)nikeon Wrote: Yes, I know there is good news, what I find strange is that in most of the sites (especially the sites oriented to the general public) they are promoting the bad ones. I don't understand why they do it, they try to make the reality look worse than it is.
Crypto at it's absolute best threatens the entire economic structure of the world. It threatens to strip away massive amounts of wealth from people who have manipulated and stolen their way to the top. It threatens to transfer that wealth to everyday dumb fucks like you, me, anybody who was stupid enough to have faith that this world isn't entirely fucked. Those same people who are at risk of losing their wealth and power are people who either own and control major media sources or have heavy influence on it. They see crypto as a threat, thus they spread whatever news they can that they feel can reliably threaten crypto.
RE: Is there only bad news about crypto? - BalleJatta - Jun 23, 2021
I think there has never been more fundamentally strong good news before. I guess it's more about half glass or full glass perception
RE: Is there only bad news about crypto? - nikeon - Jun 23, 2021
(Jun 23, 2021 08:53 AM)wintermute Wrote: Crypto at it's absolute best threatens the entire economic structure of the world. It threatens to strip away massive amounts of wealth from people who have manipulated and stolen their way to the top. It threatens to transfer that wealth to everyday dumb fucks like you, me, anybody who was stupid enough to have faith that this world isn't entirely fugged. Those same people who are at risk of losing their wealth and power are people who either own and control major media sources or have heavy influence on it. They see crypto as a threat, thus they spread whatever news they can that they feel can reliably threaten crypto.
That makes perfect sense to me. Something like that I imagine too.
P.D: And in my perception this amount of bad news has increased lately.