I want bitcoin to remain at its current value indefinitely. Not one cent should change; governments should back this up with a mandate.
a market cap like this could be easily manipulated from big hand, $400 was not what bitcoin was aiming for
Topic: Am I the only one who wants bitcoin to tank? (Read 3441 times)
a market cap like this could be easily manipulated from big hand, $400 was not what bitcoin was aiming for
Looks like a lot of people here insists on the "Black or White","Bear or Bull", "All or Nothing"-Scheme.
Incurable.
Incurable.
Well, extreme sides are usually the loudest ones. Those who are rather moderately minded don't express their opinions that much... Bitcoin is very much about emotions, expectations and hope! The bubbles are a crucial thing about this!
Looks like a lot of people here insists on the "Black or White","Bear or Bull", "All or Nothing"-Scheme.
Incurable.
Incurable.
I check the crypto charts every day... Just waiting for a good crash. Like the last time, I bought 1 Bitcoin at $380. My only mistake was not buying more.
Long term I think it will be over $1,000 again... But this short term stability is so boring.
I know the best thing for Bitcoin is stability...but the best thing for Dr. Bitcoin is a nice healthy CRASH. My money is ready to go!! Just when?
Long term I think it will be over $1,000 again... But this short term stability is so boring.
I know the best thing for Bitcoin is stability...but the best thing for Dr. Bitcoin is a nice healthy CRASH. My money is ready to go!! Just when?
We don't need to go down. People who say the longs need to be shaken out are wrong in my books! Why would we need to shake them out? We just need a good breakout to the north and start burning some shorts! As soon as they cascade, we have a full blown moon-rallye on our hands! That's what we need!
The only people who ever want it to tank are those who have no coins. The value should either rise or stay stable. Nobody should want it to tank.
Yeah, to be precise especially those who temporarily have no coins! Those are the people who went short on bitcoin, meaning they sold their Bitcoin in order to be able to buy them back at a lower price later, thus having more Bitcoin then!
The only people who ever want it to tank are those who have no coins. The value should either rise or stay stable. Nobody should want it to tank.
This thread is just wishful thinking so as to satisfy the desires of those who want to buy cheap. Hard to find evidence that it will go down (or up) in the short run. Let the market run its course irrespective of personal, unfulfilled speculations. Mining is an obsolete game at this point. What we need now is technology promotion and adoption so keep up the word of mouth so as to have more merchants tip the balance to attract more consumers.
Expect bitcoin to tank further while waiting for the bitlicence. Hopefully it turns out to be positive and we might see bubble...
Nope.
Most predictable market, so easier to sell high and buy low.
But I expect we see some rise after some weeks, otherwise things may get problematic.
Most predictable market, so easier to sell high and buy low.
But I expect we see some rise after some weeks, otherwise things may get problematic.
I want bitcoin to remain at its current value indefinitely. Not one cent should change; governments should back this up with a mandate.
Then Bitcoin would fail. Because the current market cap is way to small to handle big transactions...
While that may be your improper opinion, I agree to disagree.
We need a leader that will make this system safe for all those who enter. If there's no guarantee of security how can we ever expect people to willingly join? It's the only way.
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
I want bitcoin to remain at its current value indefinitely. Not one cent should change; governments should back this up with a mandate.
Then Bitcoin would fail. Because the current market cap is way to small to handle big transactions...
Yes
I want bitcoin to remain at its current value indefinitely. Not one cent should change; governments should back this up with a mandate.
Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
That is an interesting perspective. Why wouldn't they sell to make price drop and possibly more miners quit so difficulty drops or slows further?
I guess many miners just hold on long enough to their coins in order to make a better price. But at a certain point they just can't wait any longer and have to take the price the market currently offers them. Why would they stop mining? It's the only thing their machines can do. They need to mine while the difficulty is still 'low', man!
The equipment cost is high also as all the "revenue" from ASIC miners are in the first 3 months and it will become obsolete after 4-5 months.
The reason why bitcoin price can not tank a lot lower from here. If it does, most miners will shut down the machine right away and the network will be vulnerable for attack.
Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
That is an interesting perspective. Why wouldn't they sell to make price drop and possibly more miners quit so difficulty drops or slows further?
I guess many miners just hold on long enough to their coins in order to make a better price. But at a certain point they just can't wait any longer and have to take the price the market currently offers them. Why would they stop mining? It's the only thing their machines can do. They need to mine while the difficulty is still 'low', man!
I don't understand this logic at all. If you truly believe that bitcoin is resilient and will rise to greater heights then buy now @580 USD while it is down 50%!!! from its ATH.
because that is only 50% thinking, the other 50% think that will go down and want to buy at cheaper price, also with the first 50% you should never stop to buy, which isn't s clever thing to do...
Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
That is an interesting perspective. Why wouldn't they sell to make price drop and possibly more miners quit so difficulty drops or slows further?
I guess many miners just hold on long enough to their coins in order to make a better price. But at a certain point they just can't wait any longer and have to take the price the market currently offers them. Why would they stop mining? It's the only thing their machines can do. They need to mine while the difficulty is still 'low', man!
I get that. I was a miner long ago. When profitability drops off, those who are losing money mining drop out. Not all but many.
Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
That is an interesting perspective. Why wouldn't they sell to make price drop and possibly more miners quit so difficulty drops or slows further?
I guess many miners just hold on long enough to their coins in order to make a better price. But at a certain point they just can't wait any longer and have to take the price the market currently offers them. Why would they stop mining? It's the only thing their machines can do. They need to mine while the difficulty is still 'low', man!
Miners who are hodling their mining results are hoping for a low or relatively no rise BTC at this time. This keeps the difficulty from rising like crazy and better results off of the same hardware. The last 2 difficulty rise have been reasonable thanks to the stable BTC price.
That is an interesting perspective. Why wouldn't they sell to make price drop and possibly more miners quit so difficulty drops or slows further?
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
People that own no Bitcoins yet obviously want bitcoin to tank. Also the ones that want to rebuy or are shorting bitcoins.
Then there are just spectators that want to watch the world burn.
Then there are just spectators that want to watch the world burn.
I think you tend to change sides depending on whether you currently are invested in Bitcoin or whether you're not. Either because you're too afraid and don't believe in it or because you're currently trying to short it. I think shorting is a bad thing. It just let's go off something and hoping for it to lose and then buy it back again later. Not good for your Karma!
This is certainly true. People tend to root for what profits them most. They are not objecitve.
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