Topic: Bitcoin Destroyed me at all. - page 9. (Read 2513 times)
Sympathize. I also bought at a high price.It is very sad(I Really hope the growth rate,but with each passing day my hopes are smaller.I started to panic when the rate dropped to 7,000, and now I stopped hoping for the best.Only a miracle will help us.
Bitcoin have not destroyed ii am not agree because when you come for crypto you have to aware from crypto fully and if now price is down it is not a problem for us but keep patience in these days is very good and crypto is the future currency because many articles about crypto have been available which clearly describe bitcoin as the future money and all transactions will be then processes through crypto and bitcoin is the leader of all coins.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
I understand that this can be extremely frustrating but believe me you're not the only one in this situation. Right now, all the prices are getting crushed which is a normal market behaviour but soon everything will be green again.
I think so too, because I once learned something similar, if like this what we will do next, is this the end of Bitcoin? actually what happened so bitcoin is now very worrying. what I'm afraid of is when investors stop investing their Bitcoin because of this,
Btc isn't a cup cake to eat.. remember that mate, you will even lose all your money if you keep thinking that btc is just an easy asset to invest in and celebrate the profits.. this is not 2010, you shall think and think again before any other move.. be safe.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Doesn't seem like you own 15 to 16 btc. Anyone who's invested $160,000 wouldn't come to this forum and crib about it!
Agreed. Something tells me this is an exaggeration. Probably just a troll or bullshit spam thread. Op says bitcoin has no future but is waiting for it to go up to $11000 each. Doesn't make sense, but regardless, you should only ever invest what you can afford to lose and never invest in something that you're pinning all your hopes and dreams on especially as something as volatile and risky as bitcoin.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Don't worry bud in the future price Bitcoin will be grow up cuz Bitcoin is digital gold, the reward of mining Bitcoin will be decrease 2x every 4 years in 2021 reward of mining Bitcoin will be 6,25 Btc per block no reason the price will be 50k$ - 70k$ and on 2140 reward of mining Bitcoin will be 0,00000100 Btc or 100 Sat, thinking how much energi will be use to mining Bitcoin.Who says bitcoin is digital gold? You? Bitcoin is Bitcoin. It could be worth millions or nothing at some point and there's certainly no guarantees it will continue to climb and that's why bitcoin should be seen as nothing but an experiment and a very risky speculative asset. Bitcoin might be worth pennies by the next halving and there's nothing stopping people losing faith in it and jumping onto something else so don't bet your entire life saving son it unless you have balls of steel and believing in it more than anything else.
Right now, bitcoin is falling low, but that doesn't mean bitcoin will end and have no future. Bitcoin still has a future, bitcoin will be able to increase and with patience you will be able to get the benefits that you look forward to.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
come on, rather than giving up without effort, why don't you try to allocate around 10% or less to rent rigs for alternative coins, but look for information on what coins can benefit and where to rent them, as time goes on you will understand what to do with the situation.
CMIIW
I think if you sell your bitcoins now then you will regret it. See how prices have changed in previous years. If you look at the percentage ratio you'll see there were much stronger falls. So all is not lost.
Right you are.. I already die for bitcoin because i invested in bitcoin. But now i sell bitcoin at a lower price rate. So i already faced huge losses.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
At the present day bitcoin is not an ordinary currency you can play on exchange rate with. It is rather a long-term investments.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
bitcoin cannot be blamed but we can learn and get to know the world of bitcoin as it is useless if technology is currently wasting technology must help humans not make people lose 
Don't wait for the time that bitcoin will reach $10000 or $11000 because I think it will take a long time or maybe it will not happen again, once that there are no big investors again that will enter bitcoin then it will be impossible for bitcoin to recover its price. Why? I think it is also a big impact on bitcoin on how much we will put in bitcoin so that the market will flow again upward.
LITTLE MORONS with their credit-cards drove up the price, and whales sold out and made off with their loot, now the little morons are told to HODL all the way to zero, to believe in fairy's and goblins, and good times coming back,
The fact is unless a new generation of morons can be convinced to get into debt to BUY BTC, it ain't coming back,
Why in the HELL would a rich person bother with BTC? They know the score.
It was fairly predictable when assholes like Winkelvoss bought in and hyped BTC, just like they had screwed FB, just like they had learned at Harvard, ... and the masses funded their ROI.
BTC had its one time parabolic rise to the moon, study all the great manias like tulip, or south-sea, this shit is like lightening striking twice, ... its all a fairy tale.
Problem is... It actually striked twice...
Everyone talking about the crypto buble is a bit stupid IMO.
I can't believe it that how bitcoin damages one , bitcoin is a online virtual currency which just use in many sectors.but only investors can hamper by bitcoin now due to cheap market.
BITCOIN was meant to be mined, not bought,
If you BUY something as a speculative 'investment', then you must set an emotional stop-loss and get out at the point, if you HOLD until zero, then you enter what is called the 'gamblers ruin'
BUY-LOW/SELL-HIGH, has always been the trading advice for all time.
People who made money, are those that entered at $400, and got out near $20k, there is a point where GREED keeps people 'holding', and then there is this BULLSHIT about your supposed to hold all the way down to zero,
Then there is the bullshit that BITCOIN is 'different',
This was a parabolic rise, they all end this way, and they rarely ever come back, except sometimes a dead-cat bounce, but BITCOIN has already had its dead-cat bounces this year, now its continually trending lower every day,month, ... the price will revert to a mean, IMHO $1400, perhaps lower; BITCOIN will find a stable region, and then people can move back in and make money on the volatility.
The problem with BITCOIN is its a religion, and people become fixated as it is their only true GOD, and ignore everything else in the investment universe.
BITCOIN is now out of favor, it is now impossible to MINE it for a profit, no mining means no servers for transaction, soon 100's of thousands of S-9 antminers will be dumped by China for $10 or less, soon the difficulty will sky-rocket, people will think nothing of getting a bitcoin every ten years ( now 2 years ) to heat their flat in China.
If you BUY something as a speculative 'investment', then you must set an emotional stop-loss and get out at the point, if you HOLD until zero, then you enter what is called the 'gamblers ruin'
BUY-LOW/SELL-HIGH, has always been the trading advice for all time.
People who made money, are those that entered at $400, and got out near $20k, there is a point where GREED keeps people 'holding', and then there is this BULLSHIT about your supposed to hold all the way down to zero,
YOUR SUPPOSED to take YOUR PROFITS, and CUT YOUR LOSSES ( CUT MEANS TO SELL )
Then there is the bullshit that BITCOIN is 'different',
This was a parabolic rise, they all end this way, and they rarely ever come back, except sometimes a dead-cat bounce, but BITCOIN has already had its dead-cat bounces this year, now its continually trending lower every day,month, ... the price will revert to a mean, IMHO $1400, perhaps lower; BITCOIN will find a stable region, and then people can move back in and make money on the volatility.
The problem with BITCOIN is its a religion, and people become fixated as it is their only true GOD, and ignore everything else in the investment universe.
BITCOIN is now out of favor, it is now impossible to MINE it for a profit, no mining means no servers for transaction, soon 100's of thousands of S-9 antminers will be dumped by China for $10 or less, soon the difficulty will sky-rocket, people will think nothing of getting a bitcoin every ten years ( now 2 years ) to heat their flat in China.
It doesn't even matter now whether Bitcoin was meant to be mined or bought - it's being bought and sold everywhere, mining is just part of the profit game.
People who made money are even those who bought at $1000 and sold at $1500 or $2000. How many investments can get you the double of your amount in short time due to volatility? The same goes for the question "how many investments can make you lose half of it in short time due to volatility?".. We are losing our definition of "profit", I see so many greedy people complaining about small profits. How can someone complain that a coin's price spiked by 200% while their investment by "only" 100%?
I don't think Bitcoin is out of favor. For me, it's not. Keep in mind that you're always selling your BTC to another person, there's always someone that's interested in taking yours and there always will, even at the smallest price with the least number of miners.
bitcoin price is normal right now, and i think that bitcoin is the good digital currency that will booming in the future, when the price is down, there are many people that cut loss heir asset and investment, i think they will regret their move in the future, when the price of bitcoin is in the high position and reach all time high price
- That is also what people said when it dropped from 20.000 to 16.000
- That is also what people said when it dropped from 16.000 to 12.000
- That is also what people said when it dropped from 12.000 to 10.000
- That is also what people said when it dropped from 10.000 to 8.000
- That is also what people said when it dropped from 8.000 to 6.000
...you must really be a slow learner.....
lol true that but lets suggest him to be optimistic will you.... because 15or 16 BTC at 11000 means a lot of money so lets just not make him more sad by selling them at low... ?
Just watch for 1 more year then it will be hard to buy 1 Bitcoin because it will be definitely more than 20,000
reasons:
1. Intel Wins Patent for Energy-Efficient Bitcoin Mining --
means Intel knows there is need of miners for Bitcoin in future because Bitcoin here to stay and in future it will be only rich people's property. may become Bitmain's competitor in future miner market
2. Fintech Startup Launches Bitcoin Payment Feature on their mobile payment app --
in future it is indeed , everyone wants to get paid with Bitcoin
3. Ohio 'rolls out the red carpet' for blockchain businesses by accepting bitcoin this tax season --
No any greed government stupid enough to collect useless coins as Tax.. They know Bitcoin is Digital Gold.
4. Bitcoin and digital assets are here to stay, says NYSE chairman, despite bear market --
He knows Bitcoin is going to be the major asset to trade in future SE
5. Nasdaq plows ahead to launch bitcoin futures despite cryptocurrencies' bear market --
Can't wait for the 2019 Q1
.... while i write one news which supports Bitcoin there are 10 news articles that demotes Bitcoin with FUD ..
Slow learning is quite better than fast learning and decision making..
Remember the past. How much could get those people who bought bitcoin a long time ago and kept at this point. You just have to wait. Don't worry, your investment is reliable.
Feel sad but in my opinion you shouldn't invested the huge amount on purchasing BTC because crypto is the market where price is unpredictable and that too the market is in tougher situation. You would have invested small amount on buying BTC and hold it till the year 2019 to see the profits from Bitcoin. Bitcoin market is dropping because of lot FUD and some investors taking out money of BTC. But we will expect good result in the upcoming year.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
What was your initial reason for investing in bitcoin? It should have been because of the technology and the potential for mass adoption. Well, that hasn't changed in the last year. All that has changed is the price. Perhaps you never should have invested in the first place.
I agree with this you should involved yourself here first if you expect zero probability of facing some anomalies ,since unlike the other currency Bitcoin has its own imperfections which may be a hindrance for us to have our expectations but we should be stopped by just looking at this negative side of Bitcoin, sooner it will in its desirable state again and the thing that we should doing by dow is to work.
Few months back i purchased arround 15 to 16 btc when bitcoin price was 10000$ to 11000$ each btc but now arround 4000$ each btc .Just waiting for 11000$ for each btc than i should leave btc and i can see bitcoin have no future in this time.
Bitcoin is the King of currency and its under attack by many FUD and non supporters...
If you think Bitcoin destroyed you.. let it be because you already destroyed as per your thoughts and keep hodling those 15 or 16 BTC with you until 2019 to 2020 and see if Bitcoin may become the most beautiful thing for your life.
bitcoin price is normal right now, and i think that bitcoin is the good digital currency that will booming in the future, when the price is down, there are many people that cut loss heir asset and investment, i think they will regret their move in the future, when the price of bitcoin is in the high position and reach all time high price
- That is also what people said when it dropped from 20.000 to 16.000
- That is also what people said when it dropped from 16.000 to 12.000
- That is also what people said when it dropped from 12.000 to 10.000
- That is also what people said when it dropped from 10.000 to 8.000
- That is also what people said when it dropped from 8.000 to 6.000
...you must really be a slow learner.....
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