Not all of "us" are keeping up with the price of Bitcoin as if it were a stock. There are those of "us" that use Bitcoin as intended to purchase things and use it as it was intended. Try to keep that in mind when using "us" as a collective. There are a bunch of noobs that are treating Bitcoin as a stock, especially after 2017. But it's up to those that know what Bitcoin is and how to use it to educate the uninitiated so that the "mass adoption" phase can kick in correctly and not the way that wall street and the banks want it to. Yes the "smart money" and banks are controlling the PR piece and touting Bitcoin as more like a stock, that's where the uninformed come in and try to get a piece of the action. When they "lose" they feel that Bitcoin isn't worth anything and then they get out thinking that Bitcoin and cryptocurrencies are nothing more than another tulip mania.
Well we don't acquire bitcoin for free, it has a price to pay to be able to get it and for those who've paid much for it are for sure will not want to lose if they just spend them like they are taking coins from their purses with out considering the value and how much they are going to lose. If I bought mine in 2017, for sure I cannot just let it fly and wave goodbye without thinking about my loses. 
Topic: Bitcoin is not intended to be a stock. Blockchain has nothing to do with price - page 3. (Read 13513 times)
February 27, 2019, 01:59:21 PM
February 27, 2019, 01:49:47 PM
It wasen`t supposed but by the time it kinda become. It`s funny how thing can take another form..
People have seen the opportunity to earn some profit and started to treat it like that. The fact is that majority doesn`t care to much about blockchain technology, they only looking the price chart as investors. I have to say that I am also with bitcoin because of profit at first place.
People have seen the opportunity to earn some profit and started to treat it like that. The fact is that majority doesn`t care to much about blockchain technology, they only looking the price chart as investors. I have to say that I am also with bitcoin because of profit at first place.
February 27, 2019, 01:43:56 PM
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
well the price is what drives the useability and the wealth of the developers, they even tried to create their own central bank to take over world domination, and ran a corrupt cryptocurrency index, that defined the world into Bitcoin and shitcoins.
their nature should be known to all.
i wont wonder if bitcoin crashes because of those reasons.
February 27, 2019, 01:36:38 PM
Unfortunately Bitcoin as a p2p payment method seem to be more a dream currently. I'm not going to criticize people for treating it as a stock though. After all that is how many, including myself, discovered bitcoin.
I don't see why they have to be mutually-exclusive though. Bitcoin prices can still rise and fall as it is traded and yet be used for payment, especially since most of the time the value of the good/service is in fiat anyway.
I don't see why they have to be mutually-exclusive though. Bitcoin prices can still rise and fall as it is traded and yet be used for payment, especially since most of the time the value of the good/service is in fiat anyway.
February 27, 2019, 01:28:31 PM
You are absolutely right mate. Bitcoin is not being used as a technology but is being used as an asset. There are a lot of speculators in the market now.
We can say that the majority dominance in the crypto community is filled with speculators. Well it's not bad because bitcoin is growing eventually.
But the fact that Bitcoin is not being used as a currency and is being used as an asset/stock to trade in the market.
I guess when wide adoption of bitcoin takes place and there are large number of stores accepting bitcoin then BTC will be used more as a currency and less as an asset.
We can say that the majority dominance in the crypto community is filled with speculators. Well it's not bad because bitcoin is growing eventually.
But the fact that Bitcoin is not being used as a currency and is being used as an asset/stock to trade in the market.
I guess when wide adoption of bitcoin takes place and there are large number of stores accepting bitcoin then BTC will be used more as a currency and less as an asset.
Mate, I agree with you bitcoin is only used as a asset but not as a technology. People need time to understand the characteristic and its features to use it as a technology. A lot of news are coming across this forum as some big auto mechanical industries started accepting bitcoin also in lot of shops they started to accept it have a loom at brazil where they are making use of this technology.
February 27, 2019, 01:08:57 PM
Bitcoin price always on the demand in the market.
It is the people in the market who create the price and demand of it.
The blockchain is the system and not affecting any in the market.
It is the people in the market who create the price and demand of it.
The blockchain is the system and not affecting any in the market.
February 27, 2019, 01:05:39 PM
Manipulators are everywhere. They are in the stock market, they are in the hedge funds, they are in the venture capital companies, almost everywhere in the financial system. Probably they are big in numbers in the crypto market because there is no regulator, so we often fall pray to their tactics! But that's how it is and we should be accepting it the way it is. There's no way we can cut them from the system. But that doesn't make the fundamentals of bitcoin, flawed! Watch what you are saying!
Market manipulation can't be stopped only by regulations.
The market should be mature enough to become free. If we got a huge daily trading volume then it will require more money to make pumps and dumps. Now many altcoins can be pumped /dumped just by a single person trying to sell his altcoin savings.
a single person selling his altcoins is not going to dump the market even if that single person has a large amount of that coin it won't be big enough. manipulation is not just having a lot of money to dump or pump, it is about knowing how to do it in a correct way that has the most influence and can affect the price.
if it was really that easy to manipulate the price then we would have seen price of every altcoin go up and down every hour instead of what happens now which is mostly one coin getting pumped then dumped for at least 6 months before it is pumped again.
February 27, 2019, 12:56:53 PM
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin was created for the sole reason of making transactions faster by eliminating third parties. But things always change. Bitcoin as asset may oppose its original cause but it also achieve a lot more than many have imagined. And it seems like it is bound to happen since it peaked in popularity just like what happened in every trends nowadays. Capitalism bears both good and bad in the society but as long as it is working, it won't disappear soon.
February 27, 2019, 12:29:19 PM
You are absolutely right mate. Bitcoin is not being used as a technology but is being used as an asset. There are a lot of speculators in the market now.
We can say that the majority dominance in the crypto community is filled with speculators. Well it's not bad because bitcoin is growing eventually.
But the fact that Bitcoin is not being used as a currency and is being used as an asset/stock to trade in the market.
I guess when wide adoption of bitcoin takes place and there are large number of stores accepting bitcoin then BTC will be used more as a currency and less as an asset.
We can say that the majority dominance in the crypto community is filled with speculators. Well it's not bad because bitcoin is growing eventually.
But the fact that Bitcoin is not being used as a currency and is being used as an asset/stock to trade in the market.
I guess when wide adoption of bitcoin takes place and there are large number of stores accepting bitcoin then BTC will be used more as a currency and less as an asset.
February 27, 2019, 08:37:18 AM
Manipulators are everywhere. They are in the stock market, they are in the hedge funds, they are in the venture capital companies, almost everywhere in the financial system. Probably they are big in numbers in the crypto market because there is no regulator, so we often fall pray to their tactics! But that's how it is and we should be accepting it the way it is. There's no way we can cut them from the system. But that doesn't make the fundamentals of bitcoin, flawed! Watch what you are saying!
Market manipulation can't be stopped only by regulations.
The market should be mature enough to become free. If we got a huge daily trading volume then it will require more money to make pumps and dumps. Now many altcoins can be pumped /dumped just by a single person trying to sell his altcoin savings.
Right. 10 years is pretty short for any market to mature so we're likely still infancy. At this point though you can't avoid people treating it as a stock since the market's volatility makes it act like one. Btc and every other altcoins in the market. Though eventually i think we can come to a time where we can see bitcoin closer to being transactional option that a stock share.
February 27, 2019, 05:01:08 AM
Manipulators are everywhere. They are in the stock market, they are in the hedge funds, they are in the venture capital companies, almost everywhere in the financial system. Probably they are big in numbers in the crypto market because there is no regulator, so we often fall pray to their tactics! But that's how it is and we should be accepting it the way it is. There's no way we can cut them from the system. But that doesn't make the fundamentals of bitcoin, flawed! Watch what you are saying!
Market manipulation can't be stopped only by regulations.
The market should be mature enough to become free. If we got a huge daily trading volume then it will require more money to make pumps and dumps. Now many altcoins can be pumped /dumped just by a single person trying to sell his altcoin savings.
February 27, 2019, 04:16:28 AM
Bitcoin is 10 years old emergency non regulated asset
Bitcoin trading is manipulated because trading is not regulated in whatever way
It has nothing with bitcoin itself
If trading will be regulated then manipulation will gone
Bitcoin needs technology improvements and legitimate services support
But bitcoin is only 10 years old so think we want to much
Bitcoin trading is manipulated because trading is not regulated in whatever way
It has nothing with bitcoin itself
If trading will be regulated then manipulation will gone
Bitcoin needs technology improvements and legitimate services support
But bitcoin is only 10 years old so think we want to much
February 27, 2019, 04:06:51 AM
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
It's an age old discussion about the bitcoin. Whatever you said, it's correct about bitcoin but how come you reach to a conclusion that bitcoin is fundamentally flawed? It is our thinking about bitcoin which is flawed and that has not to do with the fundamentals of bitcoin. It is correct at its place and what differs is our thinking about bitcoin and the investment mindset. Bitcoin is still a p2p electronic cash system but we, the common people have taken it as an investment or a source of earning money. That certainly doesn't make fundamentals of bitcoin flawed.
Manipulators are everywhere. They are in the stock market, they are in the hedge funds, they are in the venture capital companies, almost everywhere in the financial system. Probably they are big in numbers in the crypto market because there is no regulator, so we often fall pray to their tactics! But that's how it is and we should be accepting it the way it is. There's no way we can cut them from the system. But that doesn't make the fundamentals of bitcoin, flawed! Watch what you are saying!
February 27, 2019, 02:01:19 AM
If you ever invested in stocks you would probably knew that even for stocks you don't always buy the value of a piece of a company. Most of the time you buy feelings on offer-demand patterns.
December 01, 2018, 07:15:53 AM
That is not new! Bitcoin was invented as a currency aimed to replace Fiat money, we all know that a lot of people joined Crypto lately are treating BTC as just an investment that will bring them fast profit and no one can really do anything about this, everyone is free to think what he/she thinks. 90% of the last wave that joined the Crypto space is dealing with BTC as an asset that is supposed to bring them profit, even if what they think is not the truth but it is a fact that BTC was treated like an asset or stock for a while now, but it is also a fact that Bitcoin is meant to be a currency and will continue to be for the people who truly understand what is Bitcoin.
December 01, 2018, 06:58:39 AM
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
If u do CFD on bitcoin then bitcoin will be a stock. You will get history data. And the report u need to self collect on website/portal and analyse your own.Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
P2P is difficult because there will a lot of scam outside (like u buy from personal seller can be scam also) and also criminals will use bitcoin too and u need to face them carefully if u like to. Middleman is ok, but the problem is middleman (exchange etc) will need to do KYC if government involved in.
Sure bitcoin not fraud, but will affect by technical (example fork) and hacker will hack your things if u not careful or not familiar.
December 01, 2018, 06:44:46 AM
Never did it crossed my mind that Bitcoin is like a stock and I never even considered it to be like one. For those people acting like Bitcoin is like a stock where you can use fundamental analysis my question is how? There are no financial reports, disclosures, or even a company handling it so it may sound crazy for people thinking that you can use fundamental analysis on Bitcoin. Bitcoin is still an asset but there are other ways you can forecast its price by not using anything related to identifying its fair value.
December 01, 2018, 06:41:08 AM
Basically everyone knows this BTC is not formed as a stock but different holders conclude BTC as a stock,Intriguing Industry blockchain if its related to the price maybe the person concludes different things by looking at the graph of the value the BTC movement there.Such an opinion should be straightened out but if its said BTC as a stock there is a point cause values fluctuate like stocks are not a stable currency.I still think BTC is our currency 
.
. December 01, 2018, 06:38:13 AM
It going to take time before most users of bitcoin will change they perspectives about bitcoin and try to use it for what it originally developed for which is to provide a p2p system of sending and receiving money without any restrictions or involvement of any individual or institutions. But today people buy bitcoin and keep it as a stock with the sole aims of making huge profits at the end not knowing how volatile bitcoin can be when it comes to price so at that they always end up frustrated when the swing does not go in the directions they expect it to.
December 01, 2018, 06:21:15 AM
Guys, Bitcoin is fundamentally flawed, we all know this yet we keep focusing on the price. Bitcoin was intended to be a p2p, cutting out the middle man, yet we treat it like a stock. If Bitcoin were to be a reporting company by god knows how, it'd have to file for reports, 10k's, quarterly, anually, the whole 9 if you're familiar with the financial realm.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Bitcoin is not a fraud, it's the individuals (smart money/wall st) manipulating it for the greed of money.
Pre 2013 geeks knew what BTC was, ..
Post 2014 the assholes took over btc and promoted it as a get rich quickk ponzi,
good news is nature is cleaning the assholes out
Jump to: