Bitcoin always fight back - page 3. | Bitcointalksearch.org

Casdinyard

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Quote from: Kara3 on September 29, 2023, 05:41:27 PM

When I think of the few Bitcoin I have, it gives me joy.

For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.

All In all,
All what Bitcoin have been through from the hand SEC, government and external issues that affected it,
It still stands strong,
one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money

Welp it’s just one of the few benefits to heing a bitcoin investor/holder. Compared to other currencies you always have the guarantee that come rain or shine your coin will prevail over time thanks to its secure nature price-wise. That has been the case for a very long time now and it’s only quite recently that people started noticing its effects.

Anywho, keep at it my friend, you’ll to far. The fact that you knew to hold than let yourself get carried by the fus wave is more than enough evidence you’ll make it in this industry if you put your mind on it!

Sayeds56

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Quote from: Lida93 on October 02, 2023, 06:51:10 AM

No matter what scheme the SEC and the government do use they can't penetrate into the bitcoin network to distort the decentralization of the system or have any form of influence over it. Their area of influence it's with the exchanges which may in turn affect the price of bitcoin. So no offense, bitcoin by it's decentralized system will always fight back to regain a bullish price after a period of bearishness. Unlike other pump and dump altcoins bitcoin has proven to be dependable and it's only wise to try and accumulate as much as we can for the future of bitcoin is something we will all smile at, but while you accumulate make sure to do so in a safe offline wallet keeping your seeds phrase intact.

You have accurately highlighted the decentralization nature of Bitcoin's inherent character that makes it resilient against regulatory actions frequently taken by Security and Exchange Commission (SEC). It is true that such actions of SEC can influence Bitcoin market price for short term. Nevertheless, the historical performance of Bitcoin and price patterns reveal that eventually such market downturn trends eventually subside, and market begins its recovery.

Yamifoud

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Investing in Bitcoin never gives us an instant profit but future gains which is why it is considered as suitable for long-term investment, not in short-term deals. Yes, Bitcoin dumps but always fight back that is why we don't have a reason to be worry despite the troubling situation of the market because we believe that it will recover and we won't lose any if we just hold. That is somewhat a positive feature of Bitcoin and we can't lose hope for this project because it has been proven already so many times.

Lida93

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No matter what scheme the SEC and the government do use they can't penetrate into the bitcoin network to distort the decentralization of the system or have any form of influence over it. Their area of influence it's with the exchanges which may in turn affect the price of bitcoin. So no offense, bitcoin by it's decentralized system will always fight back to regain a bullish price after a period of bearishness. Unlike other pump and dump altcoins bitcoin has proven to be dependable and it's only wise to try and accumulate as much as we can for the future of bitcoin is something we will all smile at, but while you accumulate make sure to do so in a safe offline wallet keeping your seeds phrase intact.

Mpamaegbu

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Once a man, twice a child!

Quote from: Fundamentals Of on October 02, 2023, 03:33:50 AM

Quote from: Mpamaegbu on October 02, 2023, 03:22:07 AM

~snipped~

If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it.

This isn't to dissuade you or anything of such. We all have our perspectives to life issues and they differ. Of course, if our perspectives were the same; that will bore everyone. Let me quickly share something with you. There was this top politician in my country. He had many properties littered across the country. Properties in the hotel and tourism sector that ran into billions per location. He became old and weakened in health and mobility that he sent for his children back home and pointed those properties to them so they could take over their management. You know what happened? Your guess could be as good as mine or may be not. His children refused everything! In fact, they said the massive properties were obscene. They queried their Dad why he had to acquire such. They said they wanted to lead a very simple life and had no time for ostentatious living. They left the old man and flew back to their base abroad. The man became depressed. That was a man who accumulated so much for his children to safeguard their supposed future.

Sayeds56

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Quote from: Kara3 on September 29, 2023, 05:41:27 PM

When I think of the few Bitcoin I have, it gives me joy.

All In all,
All what Bitcoin have been through from the hand SEC, government and external issues that affected it,
It still stands strong,
one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money

I agree with your observation that Bitcoin has history of resilience, consistently recovering from significant market declines, even as much as 85% drop during the bear market phases. Today, it is showing impressive performance by surging over $1000 and currently trading above $28,350 surpassing its 200 day moving average (DMA). Hopefully, it stays around this level for few more days and closes the weekly candle above $28,500, which could signal a potential bullish reversal in the market.

Nrcewker

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Remember the golden rule mate, never sell these high valued Bitcoins. These coins are very rare and a time will come when the price will be skyrocketing and there will be huge demand of the coin. So just hold it for that long and you will see tons of profits. You are in the crypto space for past 2 years, I have been here for more than 8 years, I have witnessed Bitcoins valuing from 400$ to 69k usd. So yes the coins have capabilities. So just hold the remaining coins as long as you can.

bakasabo

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No wonder why people compare bitcoin with a spring, as its price always bounce back after squeeze. But that is only a visualization of Bitcoin price. Personally, I would not say that Bitcoin always fight back. For me it is more a speculative resource right now. It is not a spring, its does not fight back, its price shows that it can be manipulated, controlled or influenced.

Fundamentals Of

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Quote from: Mpamaegbu on October 02, 2023, 03:22:07 AM

Quote

one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.

I don't believe in that philosophy of accumulating wealth for generations unborn. It's this type of stuff that makes one pile up unnecessary pressure on oneself. Live life intentionally, and away from unnecessary anxiety.

I think I understand what you're trying to say, but I also know how hard life is to a lot of people. I myself grew up under difficult circumstances. So if there's a way which I think will make my sons and daughters and grandchildren live a much better life, I'd be very glad to have it.

If there's something which I can do at present to make my children, and possibly grandchildren as well, avoid the kind of life that I lived when I was little, I would do it.

And I agree with OP that Bitcoin is one of the best gifts to our children. OP didn't say they are yet to be born. But whether they're already born or not, accumulating Bitcoin little by little at present might somehow assure them of a brighter future. We are not 100% sure, but we trust Bitcoin, we trust its growth and adoption, and we'd do anything for our children.

Mpamaegbu

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Quote from: Kara3 on September 29, 2023, 05:41:27 PM

even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.

Except something upstages Bitcoin during this incoming halving not to push it to a fresh ATH (like the disappointment we saw with Litecoin halving a few months ago), chances are still high that Bitcoin will continue to get new fans and price will continue to spike. In the past, that has been the path Bitcoin has been on – Bullish. Bitcoin is a phoenix. Anyone underrating as it's now isn't doing themselves any good. Buy now and wait for the spike to come.

Quote

one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless.

I don't believe in that philosophy of accumulating wealth for generations unborn. It's this type of stuff that makes one pile up unnecessary pressure on oneself. Live life intentionally, and away from unnecessary anxiety. Before now, more than a decade ago, none of us knew there would be a tech as Bitcoin. What if our forebears had accumulated cowries or other types of monetary stuff for us several years ago and now Bitcoin is coming to seemingly displace them? What if in the next decade Bitcoin whittles away? What if it happens? Anything is possible in this industry.

michellee

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Quote from: fuguebtc on October 01, 2023, 11:06:39 PM

Quote from: bittraffic on October 01, 2023, 10:37:46 PM

^^
I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.

Countless times BTC had died but always resurrects. It goes to its bottom like that 15k last year. If people just knew that 15k pice was its last dip, a lot of holders would have bought that time. We're more unsure how lo it goes so people panics.

Those who panic are those who have no real faith in bitcoin, and those who have strong faith in bitcoin will buy more every time bitcoin drops more. People waiting for bitcoin to drop to a specific level to buy, it only shows that they are afraid of bitcoin. I'm also pretty sure that the people who waited for bitcoin to drop to $8k and didn't buy when bitcoin was at $15k also wouldn't buy if bitcoin actually dropped to $8k. Those people keep waiting for bitcoin to drop below $8k to buy, and just like that, they never buy bitcoin because they have no faith in bitcoin.

People who don't believe in Bitcoin will always panic when they see a decline in the price of Bitcoin. They are not prepared for the decline and think about selling it and buying again at a low price. But that won't always happen because no one can guess the lowest price of Bitcoin.

And it's true that people wait for the lowest price, but when it reaches its lowest price, they don't buy it immediately. They still want to wait for another low price which will not always happen. And when the price of Bitcoin hit $15k, that was a good price for them to buy, but they didn't buy it either. And when Bitcoin's price bounces back up, they can only regret it while hoping that the price will decline again.

We will never know if $8k is Bitcoin's next low or if this downward phase is over. But we can be prepared for all the possibilities that might happen to Bitcoin so that if the price really falls further, we can immediately buy it.

JunaidAzizi

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Quote from: Kara3 on September 29, 2023, 05:41:27 PM

When I think of the few Bitcoin I have, it gives me joy.
For the past 2years I have been into cryptocurrency, I have come to understand that Bitcoin doesn't just give you value, it also gives you security, even last year February when i was just a few month old in experience, when the Ukraine Russian war drove down the price of Bitcoin to 15k most people lost hope. people where saying all sorts of discouraging word about Bitcoin and the crypto industry, I still have faith, and Bitcoin proves me right, he rallies back without remorse.
All In all,
All what Bitcoin have been through from the hand SEC, government and external issues that affected it,
It still stands strong,
one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money

Bitcoin is a decentralized peer-to-peer payment system that is not subjected to any institution and this gives strength and power to bitcoin to achieve financial freedom. Bitcoin has the power to come with a good position like in the time of the Russian war and the SEC investigation lowered the price of Bitcoin but see bitcoin is now at $27k and due to this I like Bitcoin very much, But I am sad a little that why I came to late to bitcoin. It is a regret for me but yeah for now I am happy as today I am involved in Bitcoin. I know the future of bitcoin is clear because many companies adopt bitcoin as a payment system and many countries support it. This clears the future of Bitcoin and in the future, the only system that will work is the Bitcoin payment system. So that's why I also like Op recommend you guys educate your children about the Bitcoin adaptation and teach them Bitcoin's importance and how it will revolutionize the financial system in the future.

fuguebtc

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Quote from: bittraffic on October 01, 2023, 10:37:46 PM

^^
I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.

Countless times BTC had died but always resurrects. It goes to its bottom like that 15k last year. If people just knew that 15k pice was its last dip, a lot of holders would have bought that time. We're more unsure how lo it goes so people panics.

Those who panic are those who have no real faith in bitcoin, and those who have strong faith in bitcoin will buy more every time bitcoin drops more. People waiting for bitcoin to drop to a specific level to buy, it only shows that they are afraid of bitcoin. I'm also pretty sure that the people who waited for bitcoin to drop to $8k and didn't buy when bitcoin was at $15k also wouldn't buy if bitcoin actually dropped to $8k. Those people keep waiting for bitcoin to drop below $8k to buy, and just like that, they never buy bitcoin because they have no faith in bitcoin.

Twentyonepaylots

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Quote from: bittraffic on October 01, 2023, 10:37:46 PM

^^
I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.

Hmm... bitcoin coming down to 8k is on low probability I guess, I don't think it will go as low as that since we saw it on All-time high. There are a lot of people who actually waits for people to go down as low as $12K, then that's the time it will gain hype again. Imagine the father of cryptocurrencies going down to below $15K, people would be crazy getting a single bit of it.

Quote from: bittraffic on October 01, 2023, 10:37:46 PM

Countless times BTC had died but always resurrects. It goes to its bottom like that 15k last year. If people just knew that 15k pice was its last dip, a lot of holders would have bought that time. We're more unsure how lo it goes so people panics.

I disagree with the term "died" it never went dead, we saw how it moves and how it grew over time. We're unsure how the market will behave for months, years, decade but bitcoin will remain on top and will never die. How many times we assumed it's going back to $3k? $5k? got economist pupil dilated for a very long time waiting for people to abandon it but it never happened. I think the bull run will start once bitcoin goes deeper than $15k, people would be hype to get it and altcoins will boom as well.

tbct_mt2

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Quote from: bittraffic on October 01, 2023, 10:37:46 PM

I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.

You can not find bottom of market and you can not time exactly when bottom is found. Try to find it is headache and rather than finding it, doing Dollar Cost Averaging and enjoying your life.

https://dcabtc.com/

If you try to find market bottom, you will hold your money and in the meantime you can use it for other things then when you buy, you will have less capital for your investment. With DCA, you buy it gradually but after a while, with some gradual DCA rounds, you will have bigger investment capital.

bittraffic

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^^
I am probably one of those people who thinks price could dive down to 8k which the reason for me holding tight my Usdt. After several mistake like this, I find peace in it as long as I don't buy at ATH.

Countless times BTC had died but always resurrects. It goes to its bottom like that 15k last year. If people just knew that 15k pice was its last dip, a lot of holders would have bought that time. We're more unsure how lo it goes so people panics.

KingsDen

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Quote from: Texac on October 01, 2023, 06:46:20 AM

Quote from: Dr.Bitcoin_Strange on September 30, 2023, 06:40:07 PM

Yeah, Bitcoin has experienced several significant downturns in price, but yet it still survived, even to the extent that some people on this forum and outside the forum were singing Bitcoin obituaries and believing that Bitcoin would die, but it sailed through the storms that it was faced with. Bitcoin will continue to win, in my opinion, and with the lot of attacks that Bitcoin is facing from both the government and hackers, I don't think there is any coin that could beat Bitcoin. Last year, some people even thought that the Bitcoin price would drop to $8k, while others thought it would go below $15k, but they were disappointed.

But I think the people who think bitcoin will fall to $8k or below $15k are not the same people who are saying bitcoin has failed or is about to die. simply because those people want to buy bitcoin at the cheapest price possible because they know it is the best chance to make a profit. I also personally predicted bitcoin would drop to $12k last year, and all I wanted was the opportunity to buy bitcoin as cheaply as possible. I never thought that a further drop in bitcoin would be bad for bitcoin or possibly death for it. they all just want to buy low and sell high.

In the world of cryptocurrency, especially as it concerns bitcoin, there are a lot of uncertainties and disbelief. Even if you are very much aware that a certain thing will happen in Bitcoin, but there will still be some kind of fear in you because anything can change at any time in the cryptocurrency markets. Majority people also know that when there is information about the drop of bitcoin to an unreasonable low points, the essence of such information is to make the weak hands to sell their bitcoins and the stronger hands will buy more at discounted price. But once the price begin to drop there will be a very big FUD and that fear and uncertainty will certainly push the price dow the more and when the panic is more, the unexpected could happen but in the end those who held on to their bitcoin are always the ones that will be on profit.

GreatArkansas

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Quote from: Kara3 on September 29, 2023, 05:41:27 PM

(....)
All In all,
All what Bitcoin have been through from the hand SEC, government and external issues that affected it,
It still stands strong,
one of the best gift we can give to our children as inheritance is to accormulate as much Bitcoin as possible, because after now, the value will be priceless. Bitcoin is here too stay because it's the future of money

We should always think that these challenges on Bitcoin are somehow normal, we are still early, and early adapters will mostly experience these difficulties so we just need to hold tight.
About giving it to our children, there's nothing wrong about that, but take note that you should already have a way how other people especially the inheritance of your Bitcoin to be able to access it just incase you are not around anymore so it will not be turn to waste.

Texac

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Quote from: Dr.Bitcoin_Strange on September 30, 2023, 06:40:07 PM

Yeah, Bitcoin has experienced several significant downturns in price, but yet it still survived, even to the extent that some people on this forum and outside the forum were singing Bitcoin obituaries and believing that Bitcoin would die, but it sailed through the storms that it was faced with. Bitcoin will continue to win, in my opinion, and with the lot of attacks that Bitcoin is facing from both the government and hackers, I don't think there is any coin that could beat Bitcoin. Last year, some people even thought that the Bitcoin price would drop to $8k, while others thought it would go below $15k, but they were disappointed.

But I think the people who think bitcoin will fall to $8k or below $15k are not the same people who are saying bitcoin has failed or is about to die. simply because those people want to buy bitcoin at the cheapest price possible because they know it is the best chance to make a profit. I also personally predicted bitcoin would drop to $12k last year, and all I wanted was the opportunity to buy bitcoin as cheaply as possible. I never thought that a further drop in bitcoin would be bad for bitcoin or possibly death for it. they all just want to buy low and sell high.

KingsDen

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Although I understand the context in which you said that bitcoin always fight back. But in the real sense bitcoin does not fight its fighters and there is actually no one that fights for bitcoin because bitcoin is decentralized and it is nobody's project. Assuming the creator of Bitcoin - satoshi is still active in the Bitcoin industry, he would have been the one going to court to defend bitcoin in one way or the other even in the media. But today many people say any sort of things against bitcoin but bitcoin do not fight back however bitcoin has a way to prove them wrong, whatever they say, within a twinkle of an eye bitcoin will prove them wrong and will still remain strong because it is the coin of the people
The world is tilting strongly towards decentralization. There is nothing government can do about it. Human being is hungry and tasety of liberty and bitcoin is the only coin that gives this absolute liberty.

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