Topic: bitcoin goes down, no new rich people anymore - page 13. (Read 3759 times)
Many time almost price going good up' really i shocking that when i see your topic, i can't understand you want jokes with our mind? Because if you was check everyday bitcoin price then why you create this topic? Maybe you have eyes problem so i am sure you need a eyes doctor
I’m only sure that if the fate of Bitcoin was so bad, today we would see a massive drop in prices not only for Bitcoin, but also for other cryptocurrencies, since it is the price of Bitcoin that affects the entire cryptocurrency market. But I am sure that this will not happen, and not only because interested groups and individuals will not let Bitcoin fall, but also because Bitcoin has a huge potential that has not yet been realized. Even despite problems with scalability and rather high transaction costs, Bitcoin can still be used as a means of payment or for transferring large amounts of funds for a large business.
Perhaps this suggests that chaos and unexpected bubble inflation in the Bitcoin market are a thing of the past and crypto industry is becoming more stable and people who use cryptocurrencies have gained more knowledge about the work of cryptocurrencies. Government financial regulators became interested in cryptocurrencies and there were fewer fraudulent ICOs and pseudo investment sites. Although I still often hear that someone managed to raise investors' money and run away, this means that as before, someone becomes a millionaire 
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
Frankly, rich people are fairly cautious. Fooled me once, shame on you. Fooled me twice...
It is safe the assume that a hefty percentage of the world's rich internet users have heard of Bitcoin and have dabbled in it, one way or the other. Some may view it as a speculative asset. But with the price swings and 2017 ICO bust, many may have felt the sting of large losses.
Rich friends tell rich friends tell rich friends and boom... Bear market.
The idea that Bitcoin price goes down and that there are no new rich people anymore is a misconception. In crypto, there are seasons and every season has what to be done in order to capitalize and make the maximum benefit if it. When Bitcoin price is down, it is a clear indication that new set of rich people are going to be created. Who are these new set of rich people? These rich people are the ones who are able to buy the dips and wait patiently for the price to rise again. Bitcoin price always rise.
altcoins are feeding bitcoin at the moment, the complacency stage is underway. Bitcoin will seem boyant while people cash out of altcoins into bitcoin then they will start to cash out of bitcoin for fiat and the crash will happen.
No idea where the bottom will be but i don't think it looks too good, even if so many people are still positive. This tends to happen when everyone is positive, they already brought and are holding but no new buyers, the ultra bulls won't sell untill it's too late and the ultra bears won't buy no matter what from here.
I think it's going to be a big crash soon.
No idea where the bottom will be but i don't think it looks too good, even if so many people are still positive. This tends to happen when everyone is positive, they already brought and are holding but no new buyers, the ultra bulls won't sell untill it's too late and the ultra bears won't buy no matter what from here.
I think it's going to be a big crash soon.
Well honestly there are two kinds of millionaires
1. One's who gained so much cash luck by chance
2. One's who went slow and steady .
3. One's who were born rich.1. One's who gained so much cash luck by chance
2. One's who went slow and steady .
The thread was not recently made and in my opinion OP is very pessimistic because it is so quick to make a decision, if we look at this thread date it is clearly an FUD, because prices have increased from the previous month and then continue to increase until now.
It's intentional with those laughs at the end of his sentence that means that he's longing to see bitcoin drop. But well, did bitcoin dropped much? instead it has been pumped quickly for several months since the beginning of this year. 
Well honestly there are two kinds of millionaires
1. One's who gained so much cash luck by chance
2. One's who went slow and steady .
Well no matter what , if the price is up or down you should know that trading and mining would always be beneficial , no matter what the price you can always gain profit .
So that's not something that would happen
Even right now we all are here earning money , even when it's low.
1. One's who gained so much cash luck by chance
2. One's who went slow and steady .
Well no matter what , if the price is up or down you should know that trading and mining would always be beneficial , no matter what the price you can always gain profit .
So that's not something that would happen
Even right now we all are here earning money , even when it's low.
The richest people are richer because they own more bitcoins like the whales accumulate more. As for people going bankrupt, I'm not surprised but it's a reminder for everyone to repeat Bitcoin is not an investment. I guess some need to learn it the hard way.
Now you say the price goes down, yes if we compare to 2018-2019, but it went from $4k to 5,5k the last 6 months so I would say the price is going up instead
Now you say the price goes down, yes if we compare to 2018-2019, but it went from $4k to 5,5k the last 6 months so I would say the price is going up instead
You are right. But at this point, seems like many people accept BTC as an investment instrument. I don’t blame them because apparenly no one is willing to purchase some goods by using their Btc. Everyone is waiting for higher price to get profit. In future i’m pretty sure we’ll start using BTC as a payment method eventually. But for now we have to face the fact that almost everyone prefers to hold their btc as an investment..
People just expect too much, they want to become rich over night and this is not the way how the things are working. Although to my opinion rich are only early adopters who kept their coins long enough.
No matter that Bitcoin still offers great opportunities for earning money and make nice profit but not necessary to become rich. But to make profit with Bitcoin you have to have patience and strategy, you have to know what are you doing and why, that's why Bitcoin is not for everyone.
No matter that Bitcoin still offers great opportunities for earning money and make nice profit but not necessary to become rich. But to make profit with Bitcoin you have to have patience and strategy, you have to know what are you doing and why, that's why Bitcoin is not for everyone.
To earn a lot of money, you need a lot of money!
The market are good now, and we need to wait, cause the whales just use the graphics to surf, and many of them will sell to take your profit. We need a few more weeks to see the price exploding again!
The market are good now, and we need to wait, cause the whales just use the graphics to surf, and many of them will sell to take your profit. We need a few more weeks to see the price exploding again!
without the rich, the value of BTC also increased due to the increasing demand of many. Especially for Filipinos, they are really supportive of buying Bitcoin and holding them.
they believe that the BTC can save them from the future economic recession.
That is the main reason why the price of BTC has increased in recent days.
they believe that the BTC can save them from the future economic recession.
That is the main reason why the price of BTC has increased in recent days.
Bitcoin is not magic place to help some people get rich but it depends on themselves. Usually, only for those people who have a high knowledgeable to cryptocurrency and the patient is so importan in this matter.
Most of the people who are attracted to the bitcoin market in the past few years consider this as a quick rich scheme because of the high volatility the market is offering and you cannot blame them, all the traders who had experience in stock trading are in this market to make a quick buck and they understand the basic market situation and they usually end up in a profit, the people who end up loosing money are the ones who does not have any trading experience and they tend to learn trading with this market which end up costing them. Bitcoin's price reduction does make a lot of people lose. But with the pump going on Bitcoin in a few months it has made a positive impact. You should be able to trade well. Bitcoin does price have to go back down because we can buy it again at a low price. And certainly the price of Bitcoin will also be back pumping and at that time we can sell it again.
Well, that is how crypto currencies work. The price dumps, the profit does too, the price pumps, the profit does too. It is not that hard to earn money but as an investor, you should be really patient since with the volatility of bitcoin, your investment is at risk. Even if bitcoin goes down, there are a lot of altcoins that can give you profit, don't stick with one.
Indeed, today the price of Bitcoin pleases its users very well. But lately, certain predictions have begun to sound that the cryptocurrency market may collapse again and Bitcoin will drop to $ 4,000. But what are the prerequisites for this I do not understand. In my opinion, the cryptocurrency market was both in a bearish state, and continues to be Bearish. And this Despite the fact that Bitcoin has increased its value almost 4 times since the beginning of 2019.
Bitcoin's price reduction does make a lot of people lose. But with the pump going on Bitcoin in a few months it has made a positive impact. You should be able to trade well. Bitcoin does price have to go back down because we can buy it again at a low price. And certainly the price of Bitcoin will also be back pumping and at that time we can sell it again.
well, when the bitcoin price drops, chances are no one will benefit from it, and the possibility of panic sell occurs. however, I think this is an opportunity for them to buy large amounts of bitcoin. This is like the price of bitcoin going down to $ 4000, and returning to prices above $ 11,000. it certainly makes a rich person new to those who store large amounts of bitcoin.
Bitcoin's price reduction does make a lot of people lose. But with the pump going on Bitcoin in a few months it has made a positive impact. You should be able to trade well. Bitcoin does price have to go back down because we can buy it again at a low price. And certainly the price of Bitcoin will also be back pumping and at that time we can sell it again.
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
I don't know if you are just a moron for real or just pretending just for you to have a post here only in the forum.
Don't you know the world of "Volatile"? and this is one of bitcoin characteristic even all crypto currencies. The price performance of
bitcoin for a couple o weeks was actually giving a good in the market even there is a bit upside down happened in terms of its
price but still it recovered it immediately.
The Bitcoin investment is always so don't think about Getting Rich in quicktime it is all about luck and time for getting good success in Crypto investment otherwise you can definitely make the profit in this situation also but being and with its economy is little bit difficult here in this situation.
Btc will help people to make money provided they stay invested and bought at reasonable rates during bear market and not at high prices during bull run . This will help people to stay invested and get best returns on their investment .
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha haahaa
This thred proves that prices of Bitcoin will never fall to the level that people can make no profit from it.just wait for your turn to become more rich don't follow others or you will lose.Right, the price may go down a few hundred or thousand dollars but most of the time investors had profit already or they can hold it a little longer and wait for the price to spike up again because based on previous bitcoin price after a fall it will always go up, bitcoin has find its way to go up no matter what so there will still be rich people despite of the bitcoin going down.
Jump to: