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Topic: Bitcoin will be fine - page 13. (Read 1053 times)

legendary
Activity: 1582
Merit: 1059
March 09, 2018, 04:22:10 PM
#10
There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.

It's hard to believe that this is related with news, fud, regulation or even futures market. All these things are appointed as some of the reasons behind this correction or crash or dump, or whatever people are calling it. I used to believe that it was a mixed of all those things but I'm not so sure anymore, because these dumps seem completely "random". There are rumors that this is related to the coins stolen from MtGox, and maybe that's true. There are also a lot of news about bitcoins that were apprehended because they were linked to criminal activities. Maybe some of those coins were sold as well. I just don't know now.

It doesn't really matter though, because bitcoin still has a bright future, since it's technical development is improving, so this means that bitcoin is evolving and is going no where.
sr. member
Activity: 2030
Merit: 269
March 09, 2018, 04:16:59 PM
#9
It's like a dejavu again only a month ago the same scenario exists I wonder will people will make another round of profit again I bought some again because this is another good round to make a profit that is if you still have the confidence that Bitcoin will be back again bouncing and will be in a bullish period again.
full member
Activity: 252
Merit: 103
March 09, 2018, 04:10:50 PM
#8
Bitcoin is deliberately lowered so that large players can enter properly.  With a high degree of probability, the fall will continue to 6k.  Negative news on crypto currencies may again appear, such as breaking the Binance exchange, which is not true.  The fall can reach up to 5k or even 3k.
newbie
Activity: 126
Merit: 0
March 09, 2018, 04:06:59 PM
#7
bitcoin is a digital currency that has no central bank or regulatory authority backing it up.
Then again Bitcoin is hardly the only volatile commodity out there; copper, coffee, orange juice, fine wines, classic cars, property, silver, gold – they all get traded and they all have, at any given short term horizon.
newbie
Activity: 24
Merit: 0
March 09, 2018, 03:57:32 PM
#6
Yes, I think that Bitcoin will surpass all the high levels despite this turmoil in the currency market.
Do not forget that Bitcoin had known such a disturbance in previous years and yet he returned strongly and exceeded all expectations.
People must take advantage of this opportunity to buy and store.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
March 09, 2018, 03:56:49 PM
#5
Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

And how do you know what will happen? How do you know what investors are thinking. I'm sure you aren't a serious investor, but a simple spammer.
It's scary to people like you who don't understand normal price movements and are blaming the higher powers for everything. Your every post is the same mantra of moronic fear mongering. "they will centralize us, doom and gloom! Cry" Take a chill pill.
full member
Activity: 1736
Merit: 121
March 09, 2018, 03:36:42 PM
#4
Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

If your position comes to be ascertained. I believe everything will come back to normal whether regulation or not. People who are withdrawing there bitcoin investment would come back and invest. Bitcoin can only go down when blockchain is no longer relevant to crypto currency and wallet codification.

full member
Activity: 266
Merit: 151
First crypto index traded as a token!
March 09, 2018, 03:11:36 PM
#3
This uncertainty has a reason that is different from what we're used to. The price drop is not caused by regular pump and dump, what can be overcome. This is really serious. Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.
member
Activity: 273
Merit: 18
March 09, 2018, 03:05:10 PM
#2
That's right guys, but your tulips now.
newbie
Activity: 56
Merit: 0
March 09, 2018, 03:01:44 PM
#1
There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.
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