Bitcoin is Behind way Behind the Plan

pixie85

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Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Bitcoin is Not working.
The Price not moving.
Eth and alts doing great Job but btc not doing.
Btc is Broken. The coin purpose is to make profit for People If btc Can't do What need People Will abond that coin.
Eth is nice doing what need to do the nice profit and bull run.

Let me quote you on that Cheesy

Let's see the last 24h
BTC -9%
ETH -9%
Doge -15%
XRP -8%
LTC -14%
BCH -16%

Yea, BTC is dying, ETH and alts are doing great Grin

jossiel

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Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Bitcoin is Not working.
The Price not moving.

Didn't you see what's with the market lately? bitcoin just corrected and from $57k as the stable price before dropped to $47k and now $49k. How that became that the price isn't moving?

Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Eth and alts doing great Job but btc not doing.

If it's not for bitcoin, those won't be at good prices just as you're recognizing. Eth isn't an exception with the correction.

Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Btc is Broken. The coin purpose is to make profit for People If btc Can't do What need People Will abond that coin.

Your logic is flaw. How bitcoin became broken? it's not just only for the profiting of its holders but also for transactions and payments.

Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Eth is nice doing what need to do the nice profit and bull run.

You recognize ETH and ignore bitcoin's run, come on.

Fortify

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Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Bitcoin is Not working.
The Price not moving.
Eth and alts doing great Job but btc not doing.
Btc is Broken. The coin purpose is to make profit for People If btc Can't do What need People Will abond that coin.
Eth is nice doing what need to do the nice profit and bull run.

It's called becoming a stalwart and the same thing happens in the stock market. Companies grow so big that it becomes hard to even sustain profits, without seeking higher growth from releasing new products or services. It is perfectly normal and to be expected, it can take ten billion of new buyer money in order to move Bitcoin one percent higher. That ten billion is substantially higher than the total worth of most other cryptocurrencies. It is simple math and should be a warning that the days of easy money from Bitcoin shooting up are long gone. While you don't diagnose it properly, you still come to the right conclusion that it is way easier to make money by "investing" in different altcoins.

Streets 2.0

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FRX: Ferocious Alpha

In my opinion, the line that the price does not move is no longer relevant. The price went down, it is not clear yet that this is a temporary correction or the beginning of a protracted bearish trend. But the drop is quite noticeable, and judging by how quickly we passed the level of 50 thousand dollars per bitcoin, it is quite possible that by the end of the week we will be able to see the level of 40 thousand. If the fall continues, some major players may falter and start dumping their bitcoins. Then we will quickly return to the price of the beginning of the year and maybe even lower.

dothebeats

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Cashback 15%

If you're disappointed that you lose some $ in bitcoin due to the recent drop, I can tell you that shit happens. Even altcoins such as ETH will experience some downturns very soon. What comes up must come down, and this is applicable not only to bitcoin but to other cryptocurrencies as well.

As for the intended purpose of bitcoin, it still remains true to what it was created for so far, so there's no problem on that department. Bitcoin isn't a get-rich-quick asset, and those who did get rich quick were extremely lucky to be in the right time to buy.

virtualdn

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Quote from: cryptoboss2020 on May 13, 2021, 12:38:46 PM

Bitcoin is Not working.
The Price not moving.
Eth and alts doing great Job but btc not doing.
Btc is Broken. The coin purpose is to make profit for People If btc Can't do What need People Will abond that coin.
Eth is nice doing what need to do the nice profit and bull run.

Are you really a crypto boss or a crypto newbie? BTC is doing fine and the data is looking great if you see the whole picture.

Even if now we have a lower BTC it will easily recover in the coming months so why spready all this negativity around? You don't seem very experienced to me... no offence.

The Cryptovator

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Signature space for rent

Do you know the purpose of Bitcoin really? I don't think so. Because if you know the purpose of Bitcoin creation then you won't write such as quoted here. Most probably you forgot this is Bitcointalk, not Ethcointalk. I am not saying ETH isn't a potential coin. But seems you are too disappointed about the current price of Bitcoin. Keep in mind, Bitcoin wasn't created to make you multi Billionaire. It was created to introduce a new peer-to-peer electronic cash system. Now we are using it in various ways. Price doesn't determine the value. You become disappointed because of the dump, but do you know Bitcoin become most popular due to the volatility? Volatility means the price will increase and decrease. And we are taking the advantage of the volatility. That's it, Bitcoin's aim does not make you quick rich.

thecodebear

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Bitcoin is working perfectly as always. Transactions and store of value. Continuously growing and new markets opening up all the time.

cryptoboss2020

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Merit: 14

Quote from: ILuckyGuyI on May 13, 2021, 12:50:14 PM

In these days, Bitcoin price is not giving what people want, yeah. But it doesn't mean that it will always go on like this. Bitcoin has always had this kind of periods. We will leave these days behind and Bitcoin will help their investors make a great deal of profit again in time. Besides, if you are a HODLer, you should already be ready to wait for a long time to reach your goal.

IT makes People leave the btc.
And choose ETH

ILuckyGuyI

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In these days, Bitcoin price is not giving what people want, yeah. But it doesn't mean that it will always go on like this. Bitcoin has always had this kind of periods. We will leave these days behind and Bitcoin will help their investors make a great deal of profit again in time. Besides, if you are a HODLer, you should already be ready to wait for a long time to reach your goal.

cryptoboss2020

member

Activity: 322

Merit: 14

Bitcoin is Not working.
The Price not moving.
Eth and alts doing great Job but btc not doing.
Btc is Broken. The coin purpose is to make profit for People If btc Can't do What need People Will abond that coin.
Eth is nice doing what need to do the nice profit and bull run.

Topic: Bitcoin is Behind way Behind the Plan (Read 137 times)