There is no reason to fear if we have stayed in the market so far, we have dropped from $69k to $20k and we are still here. So why should we fear when the price drops from $20k to $16k?
Whether you are new or old, remember that bitcoins do not depend on any exchange or any country, only they depend on bitcoin, if they crash bitcoin will always be there but if bitcoin crash all will die together. Exchanges like Mt.gox or FTX crashing isn't necessarily a bad thing, because like all shitcoins, the bad stuff needs to be removed as soon as possible, keeping only the best. If we want the market to grow further, just keep the best.
Topic: Bitcoin survived a lot more than one Exchange going bankrupt - Remember that - page 2. (Read 294 times)
November 11, 2022, 02:27:55 AM
November 11, 2022, 01:46:39 AM
Screw 'em and let them sell if they panic. I'd like to grab some $10,000 bitcoin(or lower) if we ever get there.
"Everyone buys Bitcoin at the price they deserve" — some dude on Twitter. People who panic will likely buy back higher.
"Everyone buys Bitcoin at the price they deserve" — some dude on Twitter. People who panic will likely buy back higher.
November 11, 2022, 01:34:56 AM
I see people (mostly new speculators) panic, with the sudden drop in the Bitcoin price ...and all of that started with the FTX Exchange problems, but I want to remind people that we have faced much bigger problems before...and that we will go through this bump ...like we did with all the previous things that we faced before.
Examples :
~ Mt Gox
~ Silkroad
~ ICO Scams
~ China banning Bitcoin mining
~ Social media platforms banning Crypto advertising
~ Several Fork Wars (Craig Wright / Roger Ver.....)
~ Famous people bashing Bitcoin on Social media
~ Several failed Ponzi Schemes that used Bitcoin as a payment system (Bitconnect)
~ BitLicense
~ Bitfinex got hacked
~ Bitfines bank accounts were shut down
~ Binance was hacked
~ Bittrex scammed its users by shutting accounts of thousands of users.
Feel free to add more examples of things that happened that would have ended any other project, but where Bitcoin survived. We are still going strong, no matter how many challenges are thrown in our path.
Just Hodl on Bitcoin warriors .... and stay positive, things will turn around again.
Ps : Edited to add examples provided by users.
Examples :
~ Mt Gox
~ Silkroad
~ ICO Scams
~ China banning Bitcoin mining
~ Social media platforms banning Crypto advertising
~ Several Fork Wars (Craig Wright / Roger Ver.....)
~ Famous people bashing Bitcoin on Social media
~ Several failed Ponzi Schemes that used Bitcoin as a payment system (Bitconnect)
~ BitLicense
~ Bitfinex got hacked
~ Bitfines bank accounts were shut down
~ Binance was hacked
~ Bittrex scammed its users by shutting accounts of thousands of users.
Feel free to add more examples of things that happened that would have ended any other project, but where Bitcoin survived. We are still going strong, no matter how many challenges are thrown in our path.
Just Hodl on Bitcoin warriors .... and stay positive, things will turn around again.
Ps : Edited to add examples provided by users.
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