Bitcoin is dead! - page 5. | Bitcointalksearch.org

PX-Z

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Quote from: virtualdn on June 17, 2022, 12:12:12 PM

This is why HODLing and relaxing is the best way to handle these things. 1 BTC = 1 BTC even in 2140.

I wish i have some courage to make things with this idea.
But unfortunately, this is really a pain in the ass if bitcoin plummet for over 50% in just a month and you do things in crypto for a living. This is where the word hodl is just for those who have lots of spare that it doesnt matter to them what is bitcoin's current situation. But for others it really matters, well, lots here become broke already due to this dump.

ImThour

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Bitcoin Bottom was at $15.4k

I have made various charts in which I have mentioned that Bitcoin bottom is in, when price was near $20k however It further dropped down some more % to reach a lowest of $17,600.
I am still not quite sure If the bottom is in or not considering the fact that Bitcoin has to see it's first ever recession. Let's hope we don't drop more than 85% from ATH this cycle too.

romero121

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Quote from: TheGhostMan on June 20, 2022, 01:50:42 PM

It really is incredible the number of people who are so negative, I understand the situation that arises but they only allow themselves to be carried out by graphic characters, usually they seem to still not know how digital currencies work and more Bitcoin with their volatility. .. patience friends that the negative calls the negative just live without stress and invest that this is the perfect moment since BITCOIN IS MORE ALIVE THAN EVER. Cheesy

Yes, it is the charts and graphs that keep the people on panic. It is time to enjoy bitcoin than thinking negative. As said patience and trust is much needed qualities when you get into cryptocurrency investment. Same as that you have a capital for investment, you need to have trust and the patience. If not, the market is not yours and staying away is the right choice than stressing with negative thoughts.

TheGhostMan

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It really is incredible the number of people who are so negative, I understand the situation that arises but they only allow themselves to be carried out by graphic characters, usually they seem to still not know how digital currencies work and more Bitcoin with their volatility. .. patience friends that the negative calls the negative just live without stress and invest that this is the perfect moment since BITCOIN IS MORE ALIVE THAN EVER. Cheesy

taufik123

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Quote from: virasisog on June 20, 2022, 12:00:08 PM

It's too visible that Bitcoin could strike higher as time passes by so I wonder why some people still panic and doubt it whenever the market crashes. Most of us witnessed how Bitcoin reached its ATH so we should know its capability and never doubt it. New investors should do their research or at least look back at Bitcoin's history so they could see why it's being called the father of all cryptocurrencies.

Those who always panic and doubt bitcoin when the state of bitcoin falls as it is today, are those who still don't understand how bitcoin cycles and how the cryptocurrency market cycles. The decline this time is not even as severe as in 2018.

Some people continue to panic as they buy bitcoin at the top price, possibly the $60k area and above. That's because they don't do research and don't have good money management. Bitcoin will definitely hit its latest ATH, after the crash there will be a bull season that will have everyone starting to get into bitcoin, and that's what everyone is waiting for.

TheGreatPython

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Quote from: stadus on June 19, 2022, 06:46:01 AM

Quote from: BobK71 on June 19, 2022, 06:41:39 AM

Those who are known Bitcoin for a long time, are not disappointed. In most cases, dumping Bitcoin is a big collapse for new investors. It is important to keep in mind that many investors, including institutional investors are now investing in Bitcoin. At the same time lots of media report negatively to attract investors attention to their channel. Ultimately these activities brings a negative impact on the bitcoin price and it can also be pre-plan form the blue whale. So it is better to buy bitcoin right now and hold it for long time, you will definitely get good return.

It's just an ordinary day, bitcoin will dump and pump on its own time, and now that we are witnessing a bear market run, we should understand that we have to go through this process if we want to witness a huge bull run in the years to come. I believe this bear run will not be short, price may bounce back a bit but bear market will stay for awhile, so what should we do now? easy, just buy and hold.

It's okay for a newbie to doubt about the lifespan of btc but if we that have a long term experience on btc, we can educate them about it so that they won't worry like what you are doing there with your friend. You did a good job there. Yes the price can bounce back at anytime and in fact it is happening already because btc is back up again at over 19k something but its price yesterday is at 18k and many thinks it will reach 17k in the same day since the price decays rapidly but only in small increments.

For those who want to enter btc investing or trading, they should understand that bitcoin is a highly volatile crypto but this is beneficial. There's also stable coins that they can use for a while if they don't want to see a major dip in the price.

virasisog

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Quote from: Dhrugtest on June 20, 2022, 08:56:47 AM

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experiencing it 😢

It's too visible that Bitcoin could strike higher as time passes by so I wonder why some people still panic and doubt it whenever the market crashes. Most of us witnessed how Bitcoin reached its ATH so we should know its capability and never doubt it. New investors should do their research or at least look back at Bitcoin's history so they could see why it's being called the father of all cryptocurrencies.

Dhrugtest

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Quote from: Taskford on June 20, 2022, 09:34:33 AM

Quote from: Dhrugtest on June 20, 2022, 08:56:47 AM

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

Waiting for 100x is suicide knowing that it need to stretch up its market cap before this one will happen. And its really unfortunate things because if you just learn to settle down on things you have in hand for sure you will not ask for more then settled with low percentage of gain and be more careful on your buying executions and for selling it.

Alright boss thanks for the advice have falling into victims alot of buying dead coins but this shows me how to used up my brain with the crash incident happening right now incase i saw another bulling option.😕🙏❤️

Taskford

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Quote from: Dhrugtest on June 20, 2022, 08:56:47 AM

Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

Waiting for 100x is suicide knowing that it need to stretch up its market cap before this one will happen. And its really unfortunate things because if you just learn to settle down on things you have in hand for sure you will not ask for more then settled with low percentage of gain and be more careful on your buying executions and for selling it.

Dhrugtest

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Let just give it a hope for all holder here this has taught a great lesson on how to hold a token for so long which we've already gotten some profit before waiting for it to 100× i really learnt my lesson alot on the clash.
BTC is the power of all cryptocurrency actually this my first time experience 😢

Henrobakkara

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Quote from: xSkylarx on June 20, 2022, 02:56:07 AM

It's been a norm that everytime it is bear market, people will say what the title is. They are afraid to buy during these times but willing to take a loan just to buy when most are euphoric. This market condition should be expected and people should learn that this is the best opportunity to buy bitcoin that can give them 100% profit from their investment once whales are done accumulating and bull cycle starts again.

Right, because they don't understand or have failed to study the history of the Bitcoin market. Bitcoin fell like -84% from its ATH of 2017 and recovered from that. Now since the 2021 ATH, it has dropped about -73% If they were unable to buy at $69k down to $50k and further down to where the price is now $20k+ which even went down below that about $17k+ yesterday and thinking bitcoin is Dead which is no different from the 400+ times Bitcoin has been pronounced dead before, then they don't understand Bitcoin.

xSkylarx

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It's been a norm that everytime it is bear market, people will say what the title is. They are afraid to buy during these times but willing to take a loan just to buy when most are euphoric. This market condition should be expected and people should learn that this is the best opportunity to buy bitcoin that can give them 100% profit from their investment once whales are done accumulating and bull cycle starts again.

kawetsriyanto

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Quote from: Smack That Ace on June 17, 2022, 11:49:32 AM

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.

Crash to $200K? Is it a crash or a big pump?
BTC ATH was $69k, people dreamed to be $100k. If it reaches $200k, it is beyond the expectation (miracle).

People who advised "to run", are just eager to take advantage of panicking holders. They expect many holders to sell their Bitcoins, so Bitcoin price will be getting worse (cheaper). At that time, people who advised "to run", starting to buy more Bitcoin as many as possible to fill their bags before the next pump.

Quote from: The Cryptovator on June 17, 2022, 02:12:35 PM

Interesting title lol.

Yep. A clickbait title. Cheesy

I guessed it was FUD, but he explained contrarily.
Nothing wrong, but I feel like "I have been tricked to read it". Grin

Ebede

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Quote from: P2PECS on June 19, 2022, 04:41:00 AM

It would be very naive to think that bitcoin is dead, just as it would be very naive to think that investing in bitcoin is going to be as profitable going forward as it was in the early cycles. And even more so after what we are seeing. It's not dead, that's for sure but the forecasts for this cycle have disappointed to the downside.

some people will think that Bitcoin is dead because they don't know how bitcoin is created and also check back how bitcoin the values is being given boundary adjustment for price. If you check all thiy history bitcoin you will know that Bitcoin just started and bitcoin values being coming down to 19000 thousands that does not mean that we are operating in same way.

sulendra12

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Quote from: Smack That Ace on June 17, 2022, 11:49:32 AM

Someone will still tell you later, bitcoin crashed to $200K… run before it's too late.
Bitcoin has been around for 13 years and for the last 13 years the negatives about bitcoin have always been there and you know bitcoin hasn't stopped yet.

It's always been like this since earlier days of Bitcoin and probably people who says Bitcoin is dead either they don't know what they are talking about, or just luring people so those people sell their assets and the whalers use that opportunity to buy more on dip as people following what the "media" says as they think that's what the most important thing to follow. This thing will never ends and it's up to us on how do we manage this event.

tippytoes

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Quote from: RealMalatesta on June 19, 2022, 04:36:53 PM

Quote from: darkangel11 on June 18, 2022, 04:18:32 AM

I'll start by saying that I haven't sold anything since 2021 and still hold 80% of my bitcoins from 2016, but the price is looking the weakest I've ever seen it. It's not about the price in USD but the way it goes down week after week without any comebacks and retests. This is not normal even for Bitcoin. Looks like all that hype that institutions are coming to bitcoin is unwinding and it's going to end with a headache for all of us.

For me personally even $3k is nothing because I held all the way from 1k to 20k and back down to 3k, so if we were to fall down to 3k again I'd still hold, but it's painful to watch how a stupid USD pump can bring something that's being traded all around the world down.

This is the path I have taken as well, and even though it is 20k right now, I still have absolutely no reason to sell right now and would never sell. This doesn't mean that I am not upset about the price drop, of course I am upset about the price drop, why wouldn't I be? I have all my investments in just bitcoin these days, sold everything else and holding bitcoin only, so when that falls it does make me feel shitty about it for sure.

But, just because I am upset that it went down, doesn't change the data and the idea that bitcoin wins in the long run, me being upset has absolutely no relevance to profit making at all. This is why I do not sell just because I feel something, emotions have no place in trading.

As long as you are not selling, you are not losing in this market. Also, you are buying btc because you believe that someday you will reap your rewards. So for me, it is just normal to feel disappointed or whatever feeling you have in the current market situation. But as long as you hodl, you're not a loser right now. Who knows, it is only a matter of time before we see it going up fast again. This is crypto, so there are so many things happening in just 24 hours.

RealMalatesta

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Quote from: darkangel11 on June 18, 2022, 04:18:32 AM

I'll start by saying that I haven't sold anything since 2021 and still hold 80% of my bitcoins from 2016, but the price is looking the weakest I've ever seen it. It's not about the price in USD but the way it goes down week after week without any comebacks and retests. This is not normal even for Bitcoin. Looks like all that hype that institutions are coming to bitcoin is unwinding and it's going to end with a headache for all of us.

For me personally even $3k is nothing because I held all the way from 1k to 20k and back down to 3k, so if we were to fall down to 3k again I'd still hold, but it's painful to watch how a stupid USD pump can bring something that's being traded all around the world down.

This is the path I have taken as well, and even though it is 20k right now, I still have absolutely no reason to sell right now and would never sell. This doesn't mean that I am not upset about the price drop, of course I am upset about the price drop, why wouldn't I be? I have all my investments in just bitcoin these days, sold everything else and holding bitcoin only, so when that falls it does make me feel shitty about it for sure.

But, just because I am upset that it went down, doesn't change the data and the idea that bitcoin wins in the long run, me being upset has absolutely no relevance to profit making at all. This is why I do not sell just because I feel something, emotions have no place in trading.

Hispo

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Quote from: BobK71 on June 19, 2022, 06:41:39 AM

Those who are known Bitcoin for a long time, are not disappointed. In most cases, dumping Bitcoin is a big collapse for new investors. It is important to keep in mind that many investors, including institutional investors are now investing in Bitcoin.

Everyone eventually has their first crash within this market, right?
It is the Baptism by fire for those who have enter this volatile market and it is during these times when crypto market put pressure on the psyche of the retailers.

Keeping in mind many newcomers join since the beginning of the bull market in 2020, I am not surprised to see so much trauma from this, added to the collapse of Terra-Luna and the current drama going on with celsius, which only adds fuel to the fire.

Mpamaegbu

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I'm sure those chorusing that Bitcoin is dead are those who regret not getting enough of it while it was very cheap.

Quote from: rossjamie on June 19, 2022, 11:22:02 AM

Well, we are in the phase of bitcoin again. It's like the Chinese government banned bitcoin more than twice

Is anyone still taking about what the Chinese do with their hatred for Bitcoin just so they can protect their Yuan. We've since gone passed that phase of concern. It only scared some of us newbies then in 2017 when China first hit Bitcoin. They've banned it several times that it's of no effect anymore. This day, I'm not perturbed at all with what China does in respect to Bitcoin. All empty noise and little or no effect.

rossjamie

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Well, we are in the phase of bitcoin again. It's like the Chinese government banned bitcoin more than twice

Topic: Bitcoin is dead! - page 5. (Read 1930 times)