Topic: bitcoin goes down, no new rich people anymore - page 6. (Read 3759 times)

once again , fud spreaded in order whales could buy bitcoin in low price . i am thinking all of this was scenario from whales. Now bitcoin touch $699 and maybe it still down again till around $5700. New new above be negative trigger and whales to take an advantages from this

Btc Price is big bubble!
Btc is Vehicle to Get just money
Those who Control btc Price make Good profits!  
Btc Price comes from Trading prices from Exchangers When the btc controllers Want to sell their coins then They make the Price to go Up.

Coz When Something is expensive noone Buy it!
If something is cheap enough then Everybody Will Buy it!!... So the 7000-8000 is the best Price to Get suckers in hodlers bag hodlers

Thats the Way!

Bitcoin again collapsed by more than $500. They say that this is due to the fact that the police raided the office of the cryptocurrency exchange Binance in Shanghai. However, the management of the exchange later denied this information and said that they do not even have any office in Shanghai.

Yes, whales (rich people) are currently dumping cryptocurrencies in exchange markets. Almost all cryptocurrencies are falling by -5%, some of them have already dropped by -10%. Perhaps this is a good opportunity to buy BTC coins in the current dip at the price of $7600, although it may decline slightly. In my opinion, after the mining reward is halved, Bitcoin will cost at least $6500, because large BTC holders want to maintain mining difficulty at a high level to prevent a possible successful 51% attack on the network.

As a matter of fact, new rich people were made during the last months bull run. If you bought BTC at 7k and sold at 10 you made 3k USD per coin.
Then you could short it and get another 3k per coin. So there was a possibility to make 6k per every 7k invested. Even more if you used leverage.
Want another fact? Bitcoin will bounce back above 10k next year which will give you another 3k per coin if you by now and maybe even more if you wait and buy at 6k, if it goes so low.

they only lose the value of their Bitcoin, not their own Bitcoin.. Bankruptcy is completely losing everything, including assets and value.  as long as they HODL Bitcoin they have as long as possible (until prices rise) then they only lose the value of assets, so it's not bankrupt, it's just an asset depreciation

Only those people who lived at the expense of the money that they invested in bitcoin became poor.

In that case, why was it necessary to keep money in bitcoin?
They could have abandoned this adventure with much greater success, leaving everything in hard currency and living quietly on.

I believe that the money you invested cannot be considered money, because you can lose it with ease.

Don't be pessimistic about the decline in bitcoin and the end of the year is not over there is still around a month to end this year, and I'm optimistic bitcoin will rise again gradually at the end of the month tomorrow.
but it all depends on the strategy used and if you make a long-term investment, you will not feel panic or worry about the decline in bitcoin and just wait for the highest price to sell it back.
and nothing is impossible with bitcoin because bitcoin can turn things around suddenly and can make you rich on the condition that you have to be patient and make long-term investments and are supported by how much capital you invest.

Today bitcoin price goes down under $8k make many people panic will bitcoin back again to higher price or not, although usually moment on the end year bitcoin always up but last one month later with new year bitcoin have down, how about next year with bitcoin halving moment will be available for bitcoin have higher price or not, how long waiting for bitcoin back with expensive value.

In my opinion, there is no connection between the price and the number of rich people in the cryptocurrency space. There is a lot of people that are making money through opening a short position in the market that makes a lot of money when the price goes down. It really depends on your strategy on how are you going to play along with the current trend of the market to generate money.

Bitcoin is just taking rest at the moment. Like you, I also think that we should give the digital coin market a little bit more time. It is not the first time that Bitcoin is facing a dip. Actually it has seen tougher times than the present one. Just wait for the halving. Though the prices will decrease before the big event but after the halving takes place, bitcoin is going to touch the moon.

People who is interested about crypto are all ready in they all ready own btc most of them are hodlers.
There will be no more new Capital coz people who are in they are all ready people who is not in they are not like the Person who likes to Think for them selfes!  It means they are not with revolutionary mind set, and here is why revolutionares get wacked... When btc will drop all the free thinkers and revolutionary mind set people will lose their funds! 

2017 a lot Capital moved into crypto and a lot new people joined with crypto.
There was huge demand and hype.  

And dark market sellers got rich by year 2017
They sold just the Right time!  

But Let's look at now the Dark market vendors Don't Even provide real Services.. Wich means they just scamming and that means the so "called Dark market"  Sellers are not after to sell btc with high price coz they got coins for free without providing any real service or products.
After all they will become the whales and they are looking the ways to dump coins to somewhere...
Here we go here comes the instutional players who will going to sell the coins.
The End loser will be the retail customer who will lose His savings.

Other words 2017 youve bought bitcoins from dark market dealers without knowledge.
And year 2019 you buy your coins from scammer dark market dealers who dont mind to sell you btc with cheap price like 7000-10000$ coz they got the coins for free anyways.

Bitcoin value is stabilized at some level and worth of the BTC. Increase at anytime so assure to we will not be level to the next level. I never know why the people in this Bitcoin market also predict the Bitcoin value in negative.
When there is possible positive growth after that only we are speaking positive about it.

Why do you say that words if we can wait for the right time that the market will rise up again especially bitcoin because as I have analyzed when bitcoin value is rising almost all other altcoin will rise up too in terms of price? Yes, right? Patience is a virtue. In a situation like this, we should have courage to earn and do not be pessimistic. Believe that the bitcoin will recover as we all know that the nature of cryptocurrency is its volatility, in which the price or value is changing time by time, as far as I have remember, last two years ago, bitcoin price rushes upward in just a few months. And because of that, almost all people who are investing and promoting a particular project is making a profit.

Really? How can you prove that? Bitcoin is volatile and the price up and down is just normal in the market. There are still people become rich even the bitcoin price drop and those people are those who really knows how to play bitcoin to gain more even this price drop. Many traders still gain whatever the bitcoins value in the market and many investors take this as an opportunity to have more bitcoins on their wallet. If your a newbie in cryptomarket then i was not surprise if you think negatively like that.

Indeed, the current decline is only at a relatively low level, it is still not a level that is terrible and cannot return, and even everyone thinks this is necessary, a cumulative period to create more surprises in the end of the year. And one thing is undeniable, when we engage in bitcoin, our wealth is quite dependent on its value but it is only a certain part, if we have accumulated enough depth and know how to make money from a variety of methods under different conditions, Bitcoin's decline cannot stop us from getting rich

In my opinion the current price of bitcoin is not exactly down, because the price of bitcoin in May 2019 at $ 4000 is still more lower than
current prices. The current price of bitcoin is still fairly stable, if it drops slightly from the price of $ 9,000 I think still fairly reasonable.
And if because of bitcoin is now down a resulting in many people bankrupt means these people do not follow the rules in investing. One
of them is investing money that we can afford to lose, if you follow that rules I think that investor is not likely to go bankrupt. Regarding
the problem if the price of bitcoin goes down there is no rich person who appears, in my opinion it has a point. But the price of bitcoin prices
go down won't last long, so from it is not necessary for us to worry. Sooner or later the price of bitcoin will rise again and there will be more
new rich people again. So what we need to do when bitcoin prices go down is just be patient and always believe that bitcoin will go towards
prices peak again.

The price of the bitcoin today is not stable because it came from a peak of over 9100 dollars the price falls. Most of us are getting scared and tries to panic selling because they are afraid of the profit and the money they already invest. I think the bitcoin is still stable for now because it is supporting that the people hold their coin and waiting for the price burst up or we called a pump, by the end of the month I hope it will happen because of the new year is coming for the peak season.

We need to consider those traders who are playing with short term trades, many investors find this venue for quick benefits, imagine if big holders
kept his assets and not being bothered to trade while the demands of bitcoin due to adoptions is ongoing. There's no certainty but the chances that it will bounce is always possible. There's new aspirant and new possible investors they are just studying and waiting for some good opportunities.

When bitcoin below $5k many people become poor, how many time bitcoin always have lower price but why can't back to higher price again, what problem faced by bitcoin without news banned from many country but bitcoin still down, does bitcoin have public in economic world meeting to make bitcoin can back to higher price again or not.