Bitcoin losing value is nothing surprising, will continue - page 9.

Ozero

full member

Activity: 2142

Merit: 183

Quote from: KingScorpio on June 13, 2018, 06:42:33 AM

Quote from: BitcoinHodler on June 13, 2018, 06:40:13 AM

i feel sorry for all those who bagholded altcoins thinking they can become rich and now that their dreams are being shattered they are starting to point the finger at bitcoin just to have someone or something to blame for the mistakes they have made...

good altcoins will become the future, as we will through bitcoins short existance and the now existing cryptoindustry get a better capital market, and people working int he economy get a more stable demand on their goods and services,

I, in principle, agree with the view that the age of the bitcoins may be short-lived and that good altcoyins will emerge into the arena, which will no longer be under the price dominance of bitcoin and then this will be a good period for the development of the crypto currency. Many types of crypto-currencies, which are humiliatingly called altcoins, already have very good functionality and are very useful for a person in many spheres of his life. They are durable and promising for the future.

KingScorpio

sr. member

Activity: 1470

Merit: 325

you cant imagine the comming value loss when crypto will severel damage the value of national communal currencies, the us dollar might completely dissapear its actually even likely same with euros,

no gambling banksters will be left or gambling citizens people will then carefully review the utility of your bitcoin,

and i am afraid you will be considered nothing but a populistic pow sect.

you will also be a convenient scapegoat in third world countries for officials to blame. and to grow their own power,

i am writing with one of my teammembers an article about this comming issue.

PS:
something i stumped upon today
russia selling us debt
https://www.youtube.com/watch?v=wDsaCIjTYbo

us dollar is gone you and your pow sect will eb evaluated then by the utility your token delivers, and you will be considered a pow sect

TamacoBoy

newbie

Activity: 62

Merit: 0

There Different factors in declining value of bitcoin. As long as the government imposed limitation on this. It cannot go forward. The volatility of bitcoin or the major cryptocurrency makes this a good thing for trading enthusiast.

meanwords

full member

Activity: 1624

Merit: 163

I agree in what you've said that people creates fake hope that Bitcoin would replace a fiat currency of country. I also agree that Bitcoin has achieved something that it was intended to do. Because of Bitcoin, a part of the economy has changed. I know that Bitcoin will never replace our current currency because it has so many flaws that could not be fix. But I know that in the near future, a new cryptocurrency would be created to surpass Bitcoin and be the cryptocurrency that the people want.

@baracitamon

newbie

Activity: 126

Merit: 0

Yes, there is nothing to be surprised or scared of when the btc value drops and they make us lose, keep going and hold on to them, I believe they will grow stronger in the future.

Fourgh

member

Activity: 196

Merit: 10

Bitcoin's value is not even fully defined if you ask me. It is not fix so if you say it lost it's value, you are pertaining to it's value or face value in the past so as to have a reference of losing a value. Bitcoin is not losing it's value, it is being defined day by day.

susila_bai

hero member

Activity: 1260

Merit: 524

Quote from: Bulljcak on July 27, 2018, 09:11:58 AM

Quote from: OSEIBOATENG on June 13, 2018, 07:11:25 AM

We should remember BTC is volatile and can reduce it value and also at the same time shoot up like never before. It will never loose its value permanently but temporarily.

Its true,the up and down btc price is isnt surprising.This year is started in a low price but look at now it seems the price is getting higher.And hopefully it will continue to grow by the end of the year.

Now the price started to go down as i think profit takers start to sell in the market but still the price of bitcoin is bullish as if ETF confirms the application then the price can spike up with short term.

12tribes

member

Activity: 378

Merit: 11

The bitcoin value is beginning to rally and the markets are beginning to show potential hopes and aspirations for both holders and traders of cryptocurrency. To opine that the coin will further lose value is to speculate and to walk in the dark with your eyes covered. Many factors, seen and unseen affect the way the market prices will climb, stabilise and rally.

hasemase

newbie

Activity: 33

Merit: 0

can you explain why bitcoin price will drop and eventually go near zero if you say "will continue"

MrCrank

sr. member

Activity: 1330

Merit: 258

I don't think that Bitcoin losing value.
Yes, price BTC dropped and begin recover last days.
This is main crypto currency and BTC has superiority.

Bulljcak

newbie

Activity: 107

Merit: 0

Quote from: OSEIBOATENG on June 13, 2018, 07:11:25 AM

We should remember BTC is volatile and can reduce it value and also at the same time shoot up like never before. It will never loose its value permanently but temporarily.

Its true,the up and down btc price is isnt surprising.This year is started in a low price but look at now it seems the price is getting higher.And hopefully it will continue to grow by the end of the year.

bajingluncat

jr. member

Activity: 406

Merit: 2

if it is true that the initial goal of btc is there, just to minimize the negative value of banking may be true btc has reached its goal but there is nothing wrong if we want more than btc as long as it positively impacts the world economy, indeed if to replace the flat money completely with btc I think it will be very difficult to realize but at least btc and flat money can complement each of each deficiency, it is true very difficult to change the habits and the influence of flat money, because during this flat money is enough to control the system or sale and purchase transactions even be rejected measure the success of a country's economy, indeed our dreams can be said too high but if there is a way to make it happen why not, as long as it is positive and still running using logic instead of fantasy alone I think it does not hurt not

r32godzilla

hero member

Activity: 1361

Merit: 506

First of all,bitcoin is not a Ponzi scheme and also it was not created by Satoshi as a substitute to all currencies.Its very unfortunate that people have started to recognise bitcoin only as a high ROI giving asset.So most of bitcoin users are not ready to spend it and they just want to hold it.It seems that this mentality could not be changed and bitcoin would be continuously manipulated by the big whales.

BitBite5

member

Activity: 210

Merit: 40

Losing value and volatility are two different things.
I can't agree that bitcoin is losing value but it is highly volatile and from time to time price corrections are happenig, it's inevitable. That is the scenario that we can see now. First we have seen rather high and quick jump and the price has jumped back a bit again.

Gabri

sr. member

Activity: 856

Merit: 250

Well, why not? Bitcoin fell by $ 450 per night, to 7850, and this scenario was begging for a long time. The bear diver is being worked out at 4H, the price has reached the level of Fibo 61.8, the RSI indicator is unloaded after a record value on the diaries this year. In the news fall is associated with failure SEC the brothers Winklevoss in the new ticket on the ETF, it is doubtful. But the failure of the cboe exchange will be painful for sure. I do not rule out the final growth to 9000, this may contribute to the upward channel, now we are at the lower limit, and the hike to 78.6% of fibo, where the correction has the final point. But globally are waiting for the fall, possibly on the news SEC on the transfer of the decision on the cboe

Datsuc13

newbie

Activity: 112

Merit: 0

WHEN Bitcoin crashes, the altcoins are going to lose value because people will panic (or take advantage of panic sellers and "short sell" their own stack) with their entire portfolio, not just BTC. It will have nothing to do with the fact that there are so many BTC-altcoin pairs on so many different exchanges.

gobingo

newbie

Activity: 78

Merit: 0

it is true that it would be impossible if bitcoin aims to replace all the world's fiat currencies with bitcoin, because not everyone knows about bitcoin and not all areas can be reached by the internet network.

BraydenMario

newbie

Activity: 2

Merit: 0

Yes, I agree with your idea. Even bitcoin losing its value or the price of it is raising, I still will continue with it Grin

Odlanyer

member

Activity: 350

Merit: 10

Value of bitcoin is not losing anymore, bitcoin is volatile. The price is only affected but not literally losing it will be decrease and it back again. Falling down of price is normal anytime the price can change, Don't afraid if that happen.

Babyfaceless

full member

Activity: 322

Merit: 101

Yes this is the part of bitcoin that's why bitcoin is losin value i don't care that also is not suprising it. base on my observation do not worry people who investing in bitcoin or people who trading its a part of the job if the bitcoin not losing value what is all about in bitcoin? you need to understand first before you enter in crypto or research by your self the answer is at your you cannot blame bitcoin if you dont want to invest do not try it.

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