i don't really get how you are trying to make a conclusion based on things you said here.
the current state of the market is not deceiving at all. it is only strange to people who are new to bitcoin and are lazy enough to not check the history of bitcoin. in the past we have had a lot of situations like this where price drops after a fast and big rise and then it becomes stable like this before it starts rising up again.... and that is normal.
Topic: ARE YOU GOING TO BE DECEIVED BY THE CURRENT STATE OF THE MARKET? - page 2. (Read 363 times)
November 14, 2018, 03:09:34 AM
November 14, 2018, 02:40:12 AM
Panic sellers will live their lives in regret when the real bull run begins. Pump times can be very quick for all crypto currencies, especially if they are trading on binance
November 14, 2018, 02:14:42 AM
The value of bitcoin was apparently insignificant amount of cents when it was first launched but after the very first transaction by Laszlo Hanyecz by purchasing two pizzas in Jacksonvville with 10,000BTC its price rose by 900% that is from $0.008 to $0.08. Guys don't be deceived by the state of the market because bitcoin can just increased within some few minutes.Don't sell your bitcoins at a cheap price because cryptocurrency transactions and the blockchain is the future for financial systems. I am happy to be among the few ones to know this and all thanks to Satoshi Nakamoto and all the pioneers of blockchain technology.
Hey this advice is very true, there're many factors which make people sell their bitcoins most of them are panic, aniexty, and worst in my opinion is herd mentality (I sold because my friend sold). It's true that currently bitcoins has been experiencing downward movements, but if one looks at the history of bitcoins after every downward movements bitcoins has risen to new heights. I believe it's the calm before the storm in bitcoins prices, I recommend holding.
November 14, 2018, 02:00:32 AM
The value of bitcoin was apparently insignificant amount of cents when it was first launched but after the very first transaction by Laszlo Hanyecz by purchasing two pizzas in Jacksonvville with 10,000BTC its price rose by 900% that is from $0.008 to $0.08. Guys don't be deceived by the state of the market because bitcoin can just increased within some few minutes.Don't sell your bitcoins at a cheap price because cryptocurrency transactions and the blockchain is the future for financial systems. I am happy to be among the few ones to know this and all thanks to Satoshi Nakamoto and all the pioneers of blockchain technology.
Well said! I wonder what makes the people sell their bitcoins when they clearly know the nature of Cryptocurrencies.
We all cannot just hold bitcoin in the hope that more and more people buy it.
The currency must also be bought, sold, traded and spent to prevent it becoming
stagnant and to keep the miners mining and releasing new coins.
November 14, 2018, 01:47:30 AM
no one is selling bitcoin, no one is buying bitcoin,
The daily BTC/USD volume is only $200m
The daily BTC/USD volume is only $200m
haha, you just contradicted yourself.
that volume means $200 million worth of bitcoin is being sold daily and $200 million worth of bitcoin is being bought daily. so that many people are buying and selling bitcoin, it is just that there are equal forces by these two opposing sides that is keeping the price stable at the moment
November 14, 2018, 12:26:39 AM
Don’t worry, no one is selling bitcoin, no one is buying bitcoin, bitcoin isn’t moving at all.
The daily BTC/USD volume is only $200m and the worldwide all fiat volume is only 1.4b.
I know that sounds like a lot but think of it this way.
The U.S. government spends $1.4b just on taking care of the President each year.
Donald trumps net worth is around $1.4b.
The edible marijuana market in the U.S. is about $1.4b.
Internet giant Alibaba's annual Single's Day sale 2018 made $1.4 billion worth of sales in its first 85 seconds.
The largest lotto jackpot was about $1.5b.
George Clooney sold his tiny tequila company Casamigos for $1b.
The daily BTC/USD volume is only $200m and the worldwide all fiat volume is only 1.4b.
I know that sounds like a lot but think of it this way.
The U.S. government spends $1.4b just on taking care of the President each year.
Donald trumps net worth is around $1.4b.
The edible marijuana market in the U.S. is about $1.4b.
Internet giant Alibaba's annual Single's Day sale 2018 made $1.4 billion worth of sales in its first 85 seconds.
The largest lotto jackpot was about $1.5b.
George Clooney sold his tiny tequila company Casamigos for $1b.
November 13, 2018, 11:46:12 PM
Well said! I wonder what makes the people sell their bitcoins when they clearly know the nature of Cryptocurrencies.
many things! panic sell, naivete, risk management, profit taking, need of money,...
there is nothing wrong with selling your bitcoin as long as you are not doing it out of panic and without having a plan.
November 13, 2018, 11:40:04 PM
Well said! I wonder what makes the people sell their bitcoins when they clearly know the nature of Cryptocurrencies.
many things! panic sell, naivete, risk management, profit taking, need of money,...
there is nothing wrong with selling your bitcoin as long as you are not doing it out of panic and without having a plan.
November 13, 2018, 11:21:46 PM
The value of bitcoin was apparently insignificant amount of cents when it was first launched but after the very first transaction by Laszlo Hanyecz by purchasing two pizzas in Jacksonvville with 10,000BTC its price rose by 900% that is from $0.008 to $0.08. Guys don't be deceived by the state of the market because bitcoin can just increased within some few minutes.Don't sell your bitcoins at a cheap price because cryptocurrency transactions and the blockchain is the future for financial systems. I am happy to be among the few ones to know this and all thanks to Satoshi Nakamoto and all the pioneers of blockchain technology.
Well said! I wonder what makes the people sell their bitcoins when they clearly know the nature of Cryptocurrencies.
November 13, 2018, 11:05:27 PM
The value of bitcoin was apparently insignificant amount of cents when it was first launched but after the very first transaction by Laszlo Hanyecz by purchasing two pizzas in Jacksonvville with 10,000BTC its price rose by 900% that is from $0.008 to $0.08. Guys don't be deceived by the state of the market because bitcoin can just increased within some few minutes.Don't sell your bitcoins at a cheap price because cryptocurrency transactions and the blockchain is the future for financial systems. I am happy to be among the few ones to know this and all thanks to Satoshi Nakamoto and all the pioneers of blockchain technology.
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