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Topic: Bitcoin - Game over - page 3. (Read 844 times)

legendary
Activity: 2058
Merit: 1015
June 22, 2018, 03:51:52 AM
#93
The Bitcoin Game over or Bitcoin is dead thing is getting boring, better find something more original  Cheesy
Exactly, he just change the word dead into game over. Many have said it before but until now btc is the leading crypto. I guess that guy pull out only in btc but not in crypto. Maybe he shifted to altcoins or spreading things like this as if others will believe so that he can buy more if ever the price goes down.

No matter, what your decision is, we aren't following you and keeping our faith in btc.
legendary
Activity: 2898
Merit: 1823
June 22, 2018, 02:34:47 AM
#92
Contemplating again about this, I believe the OP's comparison is also very wrong. Yes, I posted I was open to the possibility that Bitcoin's price might become like the Nikkei. But no longer. The OP has not taken the significance that Bitcoin is a new revolutionary financial system. It is a new world changing invention similar to the telephone or the airplane.
full member
Activity: 406
Merit: 156
June 21, 2018, 07:59:20 PM
#91
Bouncing back hasn't been something strange to bitcoin and having such a pattern doesn't make it a bubble even tho it has acted so .
People will keep investing in it and potentially making more money than they'll do anywhere else because ti has offered to internet literates a lot of work possibilities and created a new way to store wealth for some , to invest for others and to transfer money for many people around the world .
A pattern won't really decide the fate of a currency and we have seen it getting over much worse scenarios and it'll certainly get past this too .
sr. member
Activity: 1624
Merit: 267
June 21, 2018, 07:49:32 PM
#90
Bitcoin is not yet game over because decreasing price is normal and we believe who suppoerters of the bitcoin the price will become very high again. The always we say be patient and everything will be okay and you will get more profit once the price increase again. Bitcoin are still strong and good foundation because bitcoin have still a lot of supporter and investor.
member
Activity: 294
Merit: 10
June 21, 2018, 07:38:53 PM
#89
Bitcoin has died roughly 315 times already.
Secondly, you should read some books about how to draw the charts. You can make the same lines all over the chat and say bitcoin will be $1m in the near future.
Thirdly, in the long term, mostly news and attitude of the society drives the price, not the lines. Higher the demand, higher the price, some simple economic books will not hurt here.

According "Fred" chart it was more than 10 years, looks at that small decline down for a quite long time, zoom it in and analyze for some time, would be helpful in the long-term. In my opinion, Bitcoin is about 1973 or 1984 according to that chart, hard to tell.

Most of the people will always tell that cryptocurrency are going to die like this times when it was in a huge dip but still bitcoins will still manage to grow up again after a few months so keep on holding.
sr. member
Activity: 756
Merit: 259
June 21, 2018, 07:12:03 PM
#88
Bitcoin has died roughly 315 times already.
Secondly, you should read some books about how to draw the charts. You can make the same lines all over the chat and say bitcoin will be $1m in the near future.
Thirdly, in the long term, mostly news and attitude of the society drives the price, not the lines. Higher the demand, higher the price, some simple economic books will not hurt here.

According "Fred" chart it was more than 10 years, looks at that small decline down for a quite long time, zoom it in and analyze for some time, would be helpful in the long-term. In my opinion, Bitcoin is about 1973 or 1984 according to that chart, hard to tell.
hero member
Activity: 1526
Merit: 596
June 21, 2018, 04:54:43 PM
#87
Yes, we are in a bear market. Everyone knows that by now. And we're unlikely of get out of this current bear market for at least a few more months, after the recovery comes. So don't expect any bullish momentum to stem out of the market at this current moment.

However, is it really to say that bitcoin is going to be dead for the long term as well?

I don't remember how many times people have said that bitcoin is dead. It's not, it's still in the early adoption phases. These bull/bear markets are just a part of the cycles within the market, and nothing more. Long term, prices will still increase as adoption increases. It's really as simple as that.
member
Activity: 266
Merit: 12
June 21, 2018, 04:51:56 PM
#86
This is the type of FUDs that drives noobs crazy and forces them to panic and rushing off to sell in a very low price causing them to loss their gains when they should be making their gains. You guys should stop panicing whenever you see the reds in the chart. Its a normal situation and it will come and pass, its a phase that needs to be crossed and it will, just be paitent.
member
Activity: 308
Merit: 10
June 21, 2018, 04:45:46 PM
#85
The Bitcoin Game over or Bitcoin is dead thing is getting boring, better find something more original  Cheesy

haha, yes you are right there are already a lot of people who tell that cryptocurrency will die in the future but still right now there are a lot of people who are interested on investing in bitcoins.
legendary
Activity: 1232
Merit: 1091
June 21, 2018, 03:24:36 PM
#84
The Bitcoin Game over or Bitcoin is dead thing is getting boring, better find something more original  Cheesy

I never get bored of it. It feels incredibly well knowing that people have been saying that since I entered the crypto space years ago, and seeing that this is still the case shows that Bitcoin has way more growth to catch up on. We don't even have to say anything anymore -- the market breaking through record highs is all that's needed to shut them up. I don't even see kwukduck showing up anymore, what happened with him? It felt good going against him every time he created another 'Bitcoin is fundamentally broken' thread. It's fundamentally broken according to him but he never moved to another coin. Smiley
full member
Activity: 868
Merit: 151
June 21, 2018, 01:58:36 PM
#83
bitcoin crosses important neckline support (breakdown) and expected to conitnue to fall down more and more



typical bubble



if you tell me bitcoin is not in a bubble? look at the similarity, its >90% same as typical traditional bubble

goodluck to all holders out there, im pulling all my investment out, hope the best in you!






If bitcoin is already game over then bitcoin is gone, but currently bitcoin still survives and it proves bitcoin has not been game over. It's just a temporary decline and will improve later, be patient and eliminate your panic.

OP needs to stay calm and don't judge that game is over. The good time will begin soon and one will realize that it was very smart to buy at 6500$ range as when the price shoots up it will be like 2-3k in a day it will cover up and then people will feel bad of not buying during low times.



newbie
Activity: 151
Merit: 0
June 21, 2018, 01:27:41 PM
#82
bitcoin crosses important neckline support (breakdown) and expected to conitnue to fall down more and more

https://cdn.pbrd.co/images/HqssO99.png

typical bubble

https://jbmarwood.com/wp-content/uploads/2015/03/Nikkei-stock-crash.gif

if you tell me bitcoin is not in a bubble? look at the similarity, its >90% same as typical traditional bubble

goodluck to all holders out there, im pulling all my investment out, hope the best in you!






If bitcoin is already game over then bitcoin is gone, but currently bitcoin still survives and it proves bitcoin has not been game over. It's just a temporary decline and will improve later, be patient and eliminate your panic.
hero member
Activity: 1305
Merit: 511
June 21, 2018, 12:30:18 PM
#81
Bitcoin game is not over .No one can say this till the price reduced to 0$.Did the price of bitcoin is reduced to 0$?
I was sure,it was not happen.So the game of Bitcoin is not over.We can't say it's over by the price fluctuations.Due to price volatility,new investor had a great chance to buy at cheap prices.
newbie
Activity: 149
Merit: 0
June 21, 2018, 12:20:32 PM
#80
bitcoin crosses important neckline support (breakdown) and expected to conitnue to fall down more and more

https://cdn.pbrd.co/images/HqssO99.png

typical bubble

https://jbmarwood.com/wp-content/uploads/2015/03/Nikkei-stock-crash.gif

if you tell me bitcoin is not in a bubble? look at the similarity, its >90% same as typical traditional bubble

goodluck to all holders out there, im pulling all my investment out, hope the best in you!





I have read this kind of negative posts and comments all the time every time the price falls..Game over, dead obsolete, drop to bottom line etc. And people gets more panic and more negative thoughts so they sell out or stop investing to bitcoin but every time the price recovers they feel sorry and buy again at higher price. Truely bitcoin is not for the frail of hearts.
legendary
Activity: 1554
Merit: 1054
June 21, 2018, 11:24:37 AM
#79
If you compare bitcoin with some economic bubble that has occurred before its just with charts it does not make sense. What is the function of nikkei for everyone? I think just a little bit. Take a look about the bitcoin function or about the overall cryptocurrency function, everyone will argue what you say. Bitcoin function is not just a place of investment and trading, but more than that can be used as an alternative payment tool. I think the reason mine is clear enough to deny what you are saying.
No one is actually saying bitcoin does not have a function, but if we really want to be truthful to ourselves, how many people are using that function exactly for what it is. Just very few even if there is any and that brings me to the point that we were in a state of bubble, and simply put, this is the after effect of it.

The function is still going to be utilized in the long run when we start seeing mainstream adoption, but for now, everybody just wanted to get rich and apparently have gotten screwed by that. However, this does not mean it is the end for bitcoin as there is still so much that the future holds.
sr. member
Activity: 882
Merit: 297
June 21, 2018, 11:04:20 AM
#78
OP the same graph and analysis was shown in past when the bitcoin market crashed due to Mt.Gox scam but after some time it got back on track and you would have witnessed the boom price in Bitcoin. Same way now it is not scam but all big players and longterm investors are just buying in low and waiting for the price to saturate. It may be that this year we wont see the bitcoin price move high but next year it will sure move up.
full member
Activity: 714
Merit: 114
June 21, 2018, 10:59:21 AM
#77
Well,  every single person has their own faith, it's up to you if you wanna stop make your contribution with bitcoin. But I think personally we just started this trend and it will be survive for long time.
many people think bad about bitcoin at the moment. but, I suppose that's just the frantic behaviors trying to spread the FUD.

lets just be happy for them if thats what they really think of in bitcoin , besides we are the ones who will be more fortunate at the end and they will only regret because they dont believe on bitcoin before .

@op the game can be temporary over but the game wont not end too early because bitcoin do have many lives . the game will soon resume again by the next month and bitcoin will  reach again its new high score.

Prediction through price chart only is not enough yet, all back to what could affect it over time that hasn't yet confirmed that bitcoin is really about to be over. Many predict also from the side of economic growth, the advancement of the era, etc, there is still a lot of acceptance that hasn't happened yet.

thats right.  bitcoin is only getting started and its existence is not yet fully recognized by every single people on the planet. therfor the game isnt over yet. bitcoin can still go and pass a lot stages  .
full member
Activity: 644
Merit: 107
June 21, 2018, 10:17:40 AM
#76
Well,  every single person has their own faith, it's up to you if you wanna stop make your contribution with bitcoin. But I think personally we just started this trend and it will be survive for long time.
many people think bad about bitcoin at the moment. but, I suppose that's just the frantic behaviors trying to spread the FUD.
jr. member
Activity: 97
Merit: 1
June 21, 2018, 06:52:39 AM
#75
The bearish market has started getting weaking and we should expect a turn of events soonest.  I think the bullish market is not over yet as in this market and little turn of events can provoke another direction in the live of a coin.  I think bitcoin price is more stable now than before and that is what matters.

A fool and his money are soon parted.

The bear market is only growing. That is the beauty of it.
Whales and experts telling everybody there is a golden buy opportunity and this is the lowest price level.
Meanwhile they keep dumping their stashes and get rich on idiots buying.

A lot of old coins are being dumped on the market. Those are the real 'bitcoin believers' that held for years! They are SELLING in high volume!
Add to that all the hacks which gave hackers hundreds of millions worth of crypto that still have to be dumped into fiat.

That means very dark times ahead for the price.

sr. member
Activity: 924
Merit: 255
June 21, 2018, 06:39:07 AM
#74
Prediction through price chart only is not enough yet, all back to what could affect it over time that hasn't yet confirmed that bitcoin is really about to be over. Many predict also from the side of economic growth, the advancement of the era, etc, there is still a lot of acceptance that hasn't happened yet.
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