Yeah @taskmaster4450, you are right on here. My dad (76 years old & a traditional investor) was visiting me in December when I told him all about cryptocurrency. He is back in town for a visit this weekend and the topic came up pretty quick. Well, as you can imagine, my TV news watching fater is very worried about my investment. And as he was repeating the FUD he had heard I smiled on the inside and told him thanks for the info.
At this point in the game, regardless of what is said, I feel there is no bad press. So thanks for the free ads "news channels"! And thanks for the info Task!
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I can buy that view.
With something so new, the FUD they are spreading actually could be causing some interest. Sure, people will have to overcome that fear yet it is causing people to take a look.
Agreed. Just watch, as soon as we are back in a bull market the Fear, Uncertainty and Doubt will change to Fear Of Missing Out quicker than a transaction on the STEEM blockchain!
LOL very true. The greed and fear of the markets.
That is the one constant with them....people do not buy based upon logic, but emotion. Markets really emphasize this.
Not only will we have the FOMO...we will have the I should have crowd...I should have bought a year ago (or whatever).
We just need to weather the storm the banksters are laying upon us. They are doing this intentionally to rattle our cages and shake us out of this. If they could do that, the threat might be averted (actually it wouldnt since it isnt their problem)....
Each one of us who not only holds, but acquires more as we are doing with STEEM each time we get a payout, that is what is going to hurt them.