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Topic: Bitcoin is just one coin... - page 16. (Read 4048 times)

member
Activity: 324
Merit: 15
September 04, 2018, 03:49:17 AM
#15
Hello,

You really can't fight against money and profit. Even if this is the best idea, the more pragmatic and free one for "everybody" as soon as money is taking in count you will always have people that want to earn money, make profit and manipulate the the market and the initial idea.

And as soon as we will have again a new increase you will have new people taht will come and want to make money and they will complain at the next drop.

It is a circle that never end, the same than in stock echange.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
September 04, 2018, 03:44:07 AM
#14
I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.

why did you buy at the peak? that's the question that you should have been asking. if someone waited the whole 2017 and didn't buy out of ignorance and then bought at ATH out of FOMO they deserve to lose money. it is not our fault.
legendary
Activity: 1792
Merit: 1283
September 04, 2018, 03:35:43 AM
#13
I am seeing many people getting worry because of Bitcoin is going down its price,

I can almost guarantee you that those people have not witnessed all the previous bull runs and subsequent crashes or correction, whatever you may call it.
people who have been in the game a bit longer, know that this is just temporary.

Besides, we're at $7300 and before last years bull run really started, we were looking at bitcoin at around $1000.
In January and February 2017 you could get 1 bitcoin at under $1000 at certain days, that's under 2 years ago...

I have a couple of friends who got into crypto, just after that bull run started, some of them were almost panicking when the price went down after it hit 20k.
I was like: Yeah what did you expect? It was pretty clear that such a price increase wasn't sustainable.
hero member
Activity: 2660
Merit: 551
September 04, 2018, 03:16:25 AM
#12
Keep calm and stop to see this as an exchange... We all realise that Satoshi made a wonderful economic system that's changing the world right now. More than 75% of bitcoiners is taking this like a bubble, where you should buy and go off when you earn the enough or till you "grow rich". Let´s realise the real insight of Satoshi was to make payment system method clearing the need to trust in a thirdparty and to clear the double spent in transactions. Let´s start to use the Bitcoin as it should do be taken and realise that another incredible advance is the Blockchain technology.

Advance in Blockchain technology and Bitcoin is separate thing. Remember that there are countries which are against bitcoin or crypto but love Blockchain technology, like China. Where did you get that 75%? Yes, Satoshi wanted to be used for online payment but it could be also used as investment instrument right now.


I am seeing many people getting worry because of Bitcoin is going down its price, this kind of people should read the Bitcoins whitepaper, and to stop to treat bitcoin as another fiat currency. This is just a thought about all I am watching in this forum and in others social sites where people is just taking this as another exchange to make trading and they are´nt watching what we have in hands. The chance to change the world literally and the opportunity to make worth the economy worldwide...

 Smiley Smiley Smiley

I'm not worried. And why would we should be worried when the price is still going strong?
member
Activity: 317
Merit: 81
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September 04, 2018, 01:45:54 AM
#11
I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.
That´s because you´re looking at Btc by a wrong way...

People should look btc as a currency, not as an investment. Wink
full member
Activity: 280
Merit: 101
September 04, 2018, 12:44:47 AM
#10
I agree with you. I think people are wrong to worry about the price, they forget that this is a promising technology that actively changes our world now. And in the future, the price is sure to rise.
full member
Activity: 294
Merit: 100
September 04, 2018, 12:40:58 AM
#9
I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
September 03, 2018, 11:28:27 PM
#8
If the correct information in another thread with a link to the article that 111,000 bitcoins can be sold in the amount of $ 802 million, then bitcoin may soon fall in price very low.

what you read in topics here is not usually correct!
I suppose you are talking about the SilkRoad drama that has been circling online for a while now. and I have to say it is mostly rumor and partly FUD trying to create panic. the only way selling on an exchange can push the price down is that if the seller wants to push the price down. otherwise only an idiot would sell a large amount in one go to give himself a huge loss.
not to mention that if you sell that much you won't even be able to withdraw the fiat. according to you it is $802 million, at least 50 red flags will be raised on your  bank account if you receive that much not to mention that the exchange is not going to even have that much fiat ready to just give it to you.

besides this was 5 days ago and price has been rising ever since. so you can already see how false it was.
full member
Activity: 1316
Merit: 108
September 03, 2018, 11:22:03 PM
#7
You wrote everything right. While one of the biggest problems of bitcoin is that it is used primarily as a means of accumulating value, and not as a means of payment, which leads to inflation of its price. If the correct information in another thread with a link to the article that 111,000 bitcoins can be sold in the amount of $ 802 million, then bitcoin may soon fall in price very low. The only problem is that he pulls down the rest of the crypto currency.
legendary
Activity: 3472
Merit: 10611
September 03, 2018, 10:25:51 PM
#6
Quote
and how did you come up with that number? just guessed a random one Cheesy

"Just stand up from your computer and watch through your window..."

 Grin Grin Wink

i live in the basement, there is no window here, plus i am too fat to stand up without taking the chair with me Grin

jokes aside, maybe 9 months ago when the price stopped shooting up and for a couple of weeks it only went down 75% of people were thinking bitcoin is a bubble but now that the drop has been over practically for a long time and hasn't been able to go below a certain level i seriously doubt that there is anyone left thinking after a 71% drop there is any chance of any part of a bubble remaining!

they may not be sure if a rise is to come or they may be scared that there is more drop left to bring a lower price but they certainly don't think it is a bubble.
member
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Merit: 81
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September 03, 2018, 10:16:45 PM
#5
More than 75% of bitcoiners is taking this like a bubble,

and how did you come up with that number? just guessed a random one Cheesy


Quote
I am seeing many people getting worry because of Bitcoin is going down its price,
i had to double check my eyes to make sure you posted this TODAY!
these days those type of people who worry about a price drop are no longer with us. the "weak hands" have been flushed out of the market, at least most of them anyways. not to mention that price has not been going down for a couple of months now. so i don't know where you are looking to "see" many people worried!

the only thing that there is right now, is people getting uneasy about why bitcoin is not shooting up like they think it is supposed to. and also another fear of ETF but that fear has been shrinking each time SEC rejected a new one in the past couple of months.

In this case with you, this doesn´t apply for you. You are intelligent.
member
Activity: 317
Merit: 81
Next to Full Member Rank.
September 03, 2018, 10:16:00 PM
#4
Quote
and how did you come up with that number? just guessed a random one Cheesy

"Just stand up from your computer and watch through your window..."

 Grin Grin Wink
newbie
Activity: 52
Merit: 0
September 03, 2018, 09:48:27 PM
#3
As a bitcoin believer and investor, I have to realization that bitcoin is just more than price speculations. Been able to send cash abroad to a friend without having to pay the high bank cost and been able to beat the bank transaction limit of transfer is something to glory about. The speed and its certainty are factors to be happy able.
legendary
Activity: 3472
Merit: 10611
September 03, 2018, 09:37:31 PM
#2
More than 75% of bitcoiners is taking this like a bubble,

and how did you come up with that number? just guessed a random one Cheesy


Quote
I am seeing many people getting worry because of Bitcoin is going down its price,
i had to double check my eyes to make sure you posted this TODAY!
these days those type of people who worry about a price drop are no longer with us. the "weak hands" have been flushed out of the market, at least most of them anyways. not to mention that price has not been going down for a couple of months now. so i don't know where you are looking to "see" many people worried!

the only thing that there is right now, is people getting uneasy about why bitcoin is not shooting up like they think it is supposed to. and also another fear of ETF but that fear has been shrinking each time SEC rejected a new one in the past couple of months.
member
Activity: 317
Merit: 81
Next to Full Member Rank.
September 03, 2018, 08:55:01 PM
#1
Keep calm and stop to see this as an exchange... We all realise that Satoshi made a wonderful economic system that's changing the world right now. More than 75% of bitcoiners is taking this like a bubble, where you should buy and go off when you earn the enough or till you "grow rich". Let´s realise the real insight of Satoshi was to make payment system method clearing the need to trust in a thirdparty and to clear the double spent in transactions. Let´s start to use the Bitcoin as it should do be taken and realise that another incredible advance is the Blockchain technology.

I am seeing many people getting worry because of Bitcoin is going down its price, this kind of people should read the Bitcoins whitepaper, and to stop to treat bitcoin as another fiat currency. This is just a thought about all I am watching in this forum and in others social sites where people is just taking this as another exchange to make trading and they are´nt watching what we have in hands. The chance to change the world literally and the opportunity to make worth the economy worldwide...

 Smiley Smiley Smiley
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