Pages:
Author

Topic: Are you ready for the Halving ??? Not that Halving, the PRICE Halving of Bitcoin - page 3. (Read 737 times)

full member
Activity: 1372
Merit: 133
I believe that cryptocurrency users should be more optimistic in the current situation, especially if you take into account the previous halving in 2013 and 2016, you can see that the results of the cryptocurrency market improved significantly after this event.  in addition, from 2016 to the end of 2017, we observed a very sharp and active growth in bitcoin up to $ 20,000.  I believe that this year will have almost the same results.
member
Activity: 434
Merit: 29
Then Gold must suck at being a Store of Value too, because it has been going down with 8.1% in the last 30 days and also almost 2% in the last 60 days. < Source : https://goldprice.org/gold-price-history.html >
 

WRONG, WRONG, WRONG:

You are looking at the manipulated paper price.  Just go out and try to buy the REAL COIN today, you would be very lucky to find any, and if you do you will pay a LOT, LOT more than the paper price   Grin Grin Grin    That fact should clue you in as to where prices are going  Cool Cool Cool

BUT anyone can easily buy BitCoins all day long at 1/2 price...

Hard Facts

jr. member
Activity: 79
Merit: 3
At the moment Bitcoin it prove to the community that the asset stores value just like other assets, as you came to see market are all down and the world economy reported to going a little bit down if there were no impact on Bitcoin with the economical situation worry on bitcoin would rose, but strongly Bitcoin shows it is a real asset which may be used like other assets in storing value. No worry everything is ok and a good time to buy.
member
Activity: 434
Merit: 29

How could you be so sure that it is already over?

It isn't just Bitcoin that has drop down due to this crisis so is it also game over for them?

I mean to say the GOOD ECONOMIC TIMES of the last 12 years are over...  BitCoin grew up and has only known an economic bubble where almost every asset has gone up !!!

I have no idea what BitCoin will do in the future, but any rational person would look at its first ever test in a Crisis and be very worried.

Hard Facts
full member
Activity: 1750
Merit: 118
- snip-
How could you be so sure that it is already over?
We have seen it drop down from $20K to below $4K,
And now you are telling us that it is the end because it went down from $10K down to $5.7K?
It isn't just Bitcoin that has drop down due to this crisis so is it also game over for them?

he didnt say that its over but he is only explaining if what are the causes of the dump and people better not expect too much  . this isnt already over for btc but this is just one of the traits of btc  . we are now on the dump phase but soon we will experience a pump phase  then back again  .

price drop before was normal because it isnt dump too much while recently the drop seems to be abnormal as it drop further the expectation point  . this scares most of the people and result for them to panic and say unwanted things  .
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

3.  BitCoin was initially pumped up as alternative to Fiat Currency, to use for everyday Transactions...  When that false narrative of using bitcoin as money failed, they changed the narrative to BitCoin as " Digital Gold ".   Now the narrative of BitCoin as a safe haven is rapidly falling apart...  How many times do you have to be fooled before you start to figure it out ?

4.  The last 10 years of BitCoin has been an Economic Bubble and good times, where everything was going up and could not lose.  EVERYTHING IS DIFFERENT NOW.   The good times of the last 10 years are OVER.   Anyone staying in the stock market, or BitCoin, or anything else that went up in good economic times is going to be in for a very hard life lesson  Cry Cry Cry

Hard Facts
How could you be so sure that it is already over?
We have seen it drop down from $20K to below $4K,
And now you are telling us that it is the end because it went down from $10K down to $5.7K?
It isn't just Bitcoin that has drop down due to this crisis so is it also game over for them?
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
Then Gold must suck at being a Store of Value too, because it has been going down with 8.1% in the last 30 days and also almost 2% in the last 60 days. < Source : https://goldprice.org/gold-price-history.html >

You are not getting it, the whole world economy are taking a beating at the moment and some investments are taking more strain than others. Bitcoin might take a short term drop in the price with all the fud and hype over this whole Corona virus thing, but once people realize what it is, then the price will quickly bounce back.  Wink

Bitcoin has the reputation to bounce back with a vengeance.  Wink
sr. member
Activity: 1400
Merit: 269
Stocks and Cryptocurrency are actually correlated, if your an investor then you must know that the price fell because of the financial crisis because most of them are also invested in Bitcoin (it's called diversifying) so when their investment failed in stocks they have to cover their losses by liquidating their Bitcoins to pay debts.

So initially BTC will do bad in the recession, if you still dont see it. Your highly praised stock market is on the brink of collapse. If you dont realize it then you might get rekt.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
Your statements are a bit negative about Bitcoin, I bet you are stacking Bitcoins now and fudding around to buy more cheap Bitcoins.

Majority of the members here in the forum dont buy that anymore, I advise you to take your fud somewhere else.

Goodluck!
hero member
Activity: 3150
Merit: 937
I'm always ready for anything, even on that price of BTC drop to 0. I don't understand your sick obsession with saying something to someone xx times, for exactly which reason? Anyone can do whatever they want with their money, invest it in BTC, left in the bank or use it for kindling fire on which will bake barbecue, what problems do you have with these facts?

Stop wasting your and our time and find yourself some other interest, you will not change anything.

People,who talk BS will always talk BS.We can't do anything else except ignoring them.
The OP is probably frustrated,because he lost money,or just because everything goes down,so he wants to lose some steam by whining somewhere online.The "price halving" of Bitcoin already happened.Last winter (2018-2019) the Bitcoin price was around 4K USD and there wasn't any coronavirus and no global recession.
Now there's recession and global panic and the Bitcoin price is still around 5K USD.I'm surprised,but I expect another downfall.Whining about "safe heaven" and "digital gold" theories doesn't help.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
Are you trying to fud people here? since we don't need that news for now and although the price is pretty much crashing right now but still I believe that the believer is just watching the movement of the market and waiting for the correct move for them to earn, although the status for now is bit questionable and many assumption came but a high possibilities that we can go through on this challenge since the economy of bitcoins will not fall on any fuds since many economically rich man backed it up for their own benefits.
legendary
Activity: 2240
Merit: 3150
₿uy / $ell ..oeleo ;(
What is the point of the FUD OP? We have gathered here strong bitcoin believers and I see no way you can break this apart with your assumptions.
It is an economical crisis worldwide and it is completely normal everything to go down. People are still not so confident to buy or trade crypto in general because the market is very dynamic and big part are thinking it's a bubble, which it isn't.
Now much more people own bitcoin than 5 years ago, most of them have no idea of how the markets are moving, they just sold their homes back in 2017 to take this amazing investment opportunity.
Basically dumb people are dumb, you can't help it. When there is 2000$ or more move people start selling in panic no matter what asset we are talking about.

Let's keep it real, there is no "safe haven" assets ( except for the toilet paper there days).
Bitcon will be here long after we are gone. Don't worry.
legendary
Activity: 1344
Merit: 1000
bitcoin price in USD aint that much different from the DJIA value and might actually be even closer soon  Cheesy
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
I don't understand your sick obsession with saying something to someone xx times, for exactly which reason?
Just like your and everyone else here with their " sick obsession " of promoting and pumping up BitCoin Huh  
You accuse me of saying something XX times, when you guys post to pump up BitCoin much more often than I ever do...  Google the word HYPOCRISY and learn its meaning.
Hard Facts

This forum (like any other) is a gathering place where people discuss something that interests them, and since crypto obviously not interests you what are you actually doing here? No one is interested in the FUD you are trying to spread, especially in times like this - if you don't like BTC, it's your personal matter and it really doesn't interest anyone.

I advise you to go to your psychiatrist (if you have one) and tell him your story, after which he will probably diagnose you with some disorder.
member
Activity: 434
Merit: 29
It´s hard to people like you undertand how bad this crisis is
It´s not affecting only financial, but the life of the people is at risk, regular jobs, students, older people, you are suffering and do you want to have BTC skyrocketing?
It makes no sense to me right now

INTELLIGENT and rational people are invested in things that will do well in a crisis, yes there are stocks that go WAY UP in a crisis.   The virus will end soon enough, and most people will lose so much wealth, but a smart few will do very well and be wealthier than ever before.    I do not know why you do not care about your money, but it will be more important than ever when all this ends are there are no jobs available...

Hard Facts
legendary
Activity: 2366
Merit: 1408
It´s hard to people like you undertand how bad this crisis is
It´s not affecting only financial, but the life of the people is at risk, regular jobs, students, older people, you are suffering and do you want to have BTC skyrocketing?
It makes no sense to me right now
legendary
Activity: 2030
Merit: 1569
CLEAN non GPL infringing code made in Rust lang
The real question is, Are you ready for the doubling? Because once the economy recovers and the virus becomes a thing of the past, this market is full of cheap things to buy. In fact, China has already announced their crisis to be ending, so they are returning to work and production. And what do they find? Everything has gone dirt cheap in the world (except masks, maybe).

I think the time is nearing for you to buy cheap before the Chinese start doing it...

I think this bear sentiment will quickly move into bull soon. Don't say i didn't warn you.
jr. member
Activity: 119
Merit: 2
play bold and get rewarded!!
1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

3.  BitCoin was initially pumped up as alternative to Fiat Currency, to use for everyday Transactions...  When that false narrative of using bitcoin as money failed, they changed the narrative to BitCoin as " Digital Gold ".   Now the narrative of BitCoin as a safe haven is rapidly falling apart...  How many times do you have to be fooled before you start to figure it out ?

4.  The last 10 years of BitCoin has been an Economic Bubble and good times, where everything was going up and could not lose.  EVERYTHING IS DIFFERENT NOW.   The good times of the last 10 years are OVER.   Anyone staying in the stock market, or BitCoin, or anything else that went up in good economic times is going to be in for a very hard life lesson  Cry Cry Cry

Hard Facts
As you can read above that Bitcoin is not a safe heaven but it is as volatile as other commodities. The concept of bitcoin is not to be a safe heaven but to be transparent, decentralized and fair enough for everyone to maintain the network and equally earn the block rewards. Everything is so transparent that everyone understands which is just opposite of what bank cartels are doing. Hence, like minded people who understand the value of freedom and decentralization are supporting it in different ways. There will be times when the value of bitcoin goes up as well as comes down. I understand your frustation and it may help you and others  to know why you are feeling so.. It is because you thought of making quick profit but you didn't and you are all the time comparing it with the value of fiat currencies which makes you sad, frustrated and angry. I would suggest you to learn a bit more before you put your money in something. People do lose money if they make decisions in rush. Relax and live the moment Smiley Goodluck
member
Activity: 434
Merit: 29

1 - That one's true, I think.
2 - For now, Bitcoin is failing as Save haven, I agree. However, I believe that things might change in the future. The situation with COVID-19 is extraordinary, and no wonder people are panicking. It's not just Bitcoin that's going down, it's everything. But I do hope that they'll soon realize that Bitcoin is one of their couple of options  (if not the only one) to save their money right now. So perhaps we just have to wait a few months for that.
3 - No narrative has fully failed, not everyone supports the 'Bitcoin is Digital Gold' approach and rejects 'Bitcoin is an alternative to fiat' one.
4 - We don't if it's over or not. Major drawbacks have happened before, and this could just be one of them.

Even if you disagree with me on some things,  TOTAL RESPECT you for considering the facts, and making your best rational analysis of the facts.   You are way more honest and intelligent than the vast majority of willfully blind people on this forum.

Hard Facts
full member
Activity: 1442
Merit: 153
★Bitvest.io★ Play Plinko or Invest!
1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.
Isn't it because we're not capable and ready for this? I mean look, why would people keep their money in times like this? they need money to cover a food for every 72 hours, water every 24 hours etc. Why would people buy bitcoin when there is nothing they could spend it with? look at the malls, they are being closed as safety measures, merchants online are not able to operate. Bitcoin is really a safe haven but the thing is and the question is, are we making it a safe haven?

Everyone is right, you are trying to focus on the price dump making yourself to look like anti-bitcoin on this forum. That's so much silly of you mate.
Pages:
Jump to: