Comeback for "Bitcoin is crashing/will crash/ has crashed

criza

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Quote from: STT on March 04, 2020, 03:26:33 PM

Thats a normal market, we readjust recent gains but in the larger picture it is a positive to confirm in the downturn previous prices. Its missed as a positive and make the mistake all the time not to be positive enough when every face value shows up as red in measures that take the recent history.
Most people werent registered on the forum or involved in BTC in 2012. I knew about BTC but didnt pay special attention and it had already risen by the time I did and then it rose 1000% on top of that in about 1 year. The action now is big numbers but in theory BTC is getting calmer I think, this recent sell was really moderate if thats all it was.

We can't really know what would be the standing of Bitcoin in the future, as the world changes there is a rise of innovation in the society that causes a rise and dump of various crypto currencies. Right now, as the standing of Bitcoin falls from its all time high this year, this could either be a chance for investment or a sign of the coin losing its value. Either way, the sole indication for a good future of Bitcoin is the upcoming halving event.

ice098

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Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

That's true, it really crashed on a very unexpected moments. Right now todays price was at stabilized behavior and I look forward to see the price ranges until $8.5k before another pumps wil happen. If the price will crash more than that it will really have caused more panic on holders in which also gives opportunity to those who failed during previous dips.

STT

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Thats a normal market, we readjust recent gains but in the larger picture it is a positive to confirm in the downturn previous prices. Its missed as a positive and make the mistake all the time not to be positive enough when every face value shows up as red in measures that take the recent history.
Most people werent registered on the forum or involved in BTC in 2012. I knew about BTC but didnt pay special attention and it had already risen by the time I did and then it rose 1000% on top of that in about 1 year. The action now is big numbers but in theory BTC is getting calmer I think, this recent sell was really moderate if thats all it was.

BrewMaster

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There is trouble abrewing

Quote from: Wind_FURY on March 04, 2020, 04:24:19 AM

Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

Tell them to zoom out. It's clearly on a trajectory to a 6-digit valuation. Then they'll always reason, "BUT BUT BUT CRASHING". Yes, a golden opportunity to buy undervalued Bitcoins.

that doesn't matter to day traders and ~~maker~~ newbie manipulators. all they focus on is the short term and the possible panic sell that they could create hence all the crash talk.
eventually the weak hands will run out and this "dip" period would simply end which is when the rise begins like all the previous times. then it puts an end to the "crash talk" and starts a new talk about "have i missed the chance to buy?"!

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

The price connection to these world news stuff (like corona now) is a never ending cycle, last year there was trump tweeting about it for example. This is why we should start to realize that maybe the world news affects bitcoin and we should not only check the charts and hope that bitcoin will do exactly what we assume it will on the charts but also start to look at the world and react to those as well when we are doing trading.

You can't just look at a chart that says bitcoin will go up a lot and see a bad news globally and assume that bitcoin will ignore the bad news and only go up because of the chart situation, if there is a bad news globally even when the charts are looking awesome the price will go down.

Torque

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It keeps crashing upwards against the USD, many times in fact.

milewilda

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Quote from: Wind_FURY on March 04, 2020, 04:24:19 AM

Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

Tell them to zoom out. It's clearly on a trajectory to a 6-digit valuation. Then they'll always reason, "BUT BUT BUT CRASHING". Yes, a golden opportunity to buy undervalued Bitcoins.

This is actually true yet they do just give out perception when they are only looking on a particular short time frame without even trying to zoom out to see the real deal.
There are even times that they are tagging useless basis or analysis but well this is how this market works where people do react when theres a dump or when the market
is hyping up.Crash or correction is an inevitable thing and instead of panicking then better to see this as an opportunity.

Oasisman

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Quote from: okala on March 02, 2020, 01:29:23 AM

The best is still in the future and if you watch and over all trend you will discover that bitcoin has been gaining in a way. The next halving is going to be another opportunity for bitcoin to turn bullish again and few are going to benefit from that.

Though the new about the halving is very bullish that creates an opportunity for Bitcoin to skyrocket again, but the possibility of not meeting everybody's expectations is always there. We might experience another bull run or we may not, that depends on the market sentiments.
To relate this topic to the OP, nothing would ever shut up about speculating the price, because that's the least an investor could do. Hoping to get the best to make a profit.

Wind_FURY

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Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

Tell them to zoom out. It's clearly on a trajectory to a 6-digit valuation. Then they'll always reason, "BUT BUT BUT CRASHING". Yes, a golden opportunity to buy undervalued Bitcoins.

xvids

sr. member

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Quote from: eaLiTy on March 01, 2020, 08:20:37 AM

Nothing will shut anyone up, since you said you saw everything in this market what is the query you will be getting all the time.

Will the price reach the all time high valuation
When we will see Bullish reversal
Can we expect a rally now

You also forgot

When would the price starts to grow
Is this a good time to buy

And the undying connection between the price of crypto to something that is in trend just like corona virus and the market crash.

KonstantinosM

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Life is a taxable event

Quote from: ?? on ??

Quote from: KonstantinosM on March 02, 2020, 03:19:13 PM

Quote from: ?? on ??

Quote from: KonstantinosM on March 01, 2020, 03:56:42 PM

Would you bet, right here and right now. 0.1 BTC or $800 (if you win) that bitcoin won't reach another ATH in the next 10 years?

I don't think you will. I know what the more likely scenario is.

Will you sign a contract offering to pay anyone the difference between $30000 and whatever the bitcoin price is below that in the next 5 years.

Lawyers and the whole nine yards so you can't wiggle out. Wink

If so I am sure we can line up a whole line of takers for that?

Cool

I'm sorry but has your brain melted?

What I'm offering is completely fair. If you would win, you'd get your precious fiat. If I'd win I'd get my precious 10 bitcents.
What you're offering is dog-shit. Kinda shows people how stupid you actually are.

The only one who is trying to wiggle out is you. I kinda think your posts are not worth reading at this point.

What I am suggesting is fair, especially for anyone that believed you.
I don't need your money, but anyone believing you , would to need to offset their personal losses.
You seem like a welcher anyway.

You be personally responsible to all those that believed your nonsense it is no wonder you are scarred to do it.

Cool

I clearly said that the price can go either way. I believe that in the coming years it will go up.

If you're too chickenshit to put your money where your mouth is that's fine but just admit it. I give you a fair bet with limited stakes. What you're offering me is basically nonsense. There's no winning for me.

Also I don't owe anybody anything. The only times I gave friends investment advice.

1. Bitcoin was at $13 and I told someone close to get one because it could really go up.
2. Bitcoin was at $100 and I offered to give my best friend some BTC if she set up her own full node wallet

I'm not responsible for anyone's losses and since I'm in here for ideological reasons as well the price can and does take a back seat for me as compared to the ideals.

Bitcoin isn't ready, we don't have a beautiful gui, we don't have enough TPS, we don't have adoption. Those things will change.

E-mail used to take days. People never thought it would catch on.

Stedsm

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I always missed the critics as they were / are needed with us to keep us entertained AF and just not let the success come to us so easy. People here die hard to say that BTC is dead, BTC will never recover, BTC will be crashing to $0 and some even say that BTC will have a negative value in future which makes me laugh hard and put me into thinking that how these guys gather so much courage to create such a drama. And the best part is when BTC actually starts falling when some big name claims that he's Satoshi and he'd put the network down - ah no free fucks for that guy (you know who I'm talking about). Cheesy

KonstantinosM

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Life is a taxable event

Quote from: ?? on ??

Quote from: KonstantinosM on March 01, 2020, 03:56:42 PM

Would you bet, right here and right now. 0.1 BTC or $800 (if you win) that bitcoin won't reach another ATH in the next 10 years?

I don't think you will. I know what the more likely scenario is.

Will you sign a contract offering to pay anyone the difference between $30000 and whatever the bitcoin price is below that in the next 5 years.

Lawyers and the whole nine yards so you can't wiggle out. Wink

If so I am sure we can line up a whole line of takers for that?

Cool

I'm sorry but has your brain melted?

What I'm offering is completely fair. If you would win, you'd get your precious fiat. If I'd win I'd get my precious 10 bitcents.
What you're offering is dog-shit. Kinda shows people how stupid you actually are.

The only one who is trying to wiggle out is you. I kinda think your posts are not worth reading at this point.

mahilchii

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Merit: 13

Quote from: okala on March 02, 2020, 01:29:23 AM

The best is still in the future and if you watch and over all trend you will discover that bitcoin has been gaining in a way. The next halving is going to be another opportunity for bitcoin to turn bullish again and few are going to benefit from that.

Of course, halving is a bit hope for maximum number of Investors, just imagine those who bought when BTC was in all time high??

So I wish the Halving should be a massive one and price should soar high. We everyone know BTC has a bright future but there are some unrealistic issues if this is solved I am sure BTC will skyrocket again.

FanEagle

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The point of "bitcoin could be 100 dollars or 100k dollars" is not that it is realistic, the point is that it is "technically possible". Just to give an example it is not technically possible for gold to be 100 dollars anytime soon, it can't ever happen because there is too many buyers of it and too little that exists which stops it from being 100 dollars, maybe it can be 100k one day.

Or maybe stocks, if a stock is 10k like bitcoin, it would bankrupt before it goes to 100 dollars, the company will go down and they will close the whole corporation before they would say the stock is 100 dollars. That is why it is important for everyone to know that bitcoin can "technically" become 100 or 100k, sure it is unrealistic but it could happen.

okala

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The best is still in the future and if you watch and over all trend you will discover that bitcoin has been gaining in a way. The next halving is going to be another opportunity for bitcoin to turn bullish again and few are going to benefit from that.

KonstantinosM

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Life is a taxable event

Quote from: pixie85 on March 01, 2020, 05:09:01 PM

Quote from: ?? on ??

The above is just a scratch of the bitcoin will make you rich lies.

Worse part is idiots believe them, Tongue

These are not liest because many people gort rich with Bitcoin and we can expect that many still will. I'm not rich but I multiplied my investment in the last 4 years so in a way Bitcoin made me richer. Why shouldn't I keep it to myself and not tell others about this opportunity that lies before them?
If they're afraid they can always invest just a small amount of money and put it aside.

Bitcoin won't be at 8 or 9 thousand that's one thing we can all be sure of.
In 10 years it will be at 100 thousand or it will be at 100.
It's an all or nothing game.

I think both the 100k and the 100 are unlikely scenarios. It's not all or nothing. The argument for an increase in value is scarcity and adoption. So it's a solid argument for bitcoin going up eventually. 100k is possible but predicting that is impossible.

$100 would mean that somehow everyone lost faith, or that bitcoin somehow got supplanted by a better project. It's possible but I don't think it's likely.

Bitcoin I believe has a unique position because it's the number 1 POW coin and we only need 1. There could be other coins, connected to bitcoins POW doing POS or Masternodes or whatever but bitcoin will probably remain the leader.

Even if it loses the number 1 spot, going all the way down to $100 is kind of insane.

pixie85

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Quote from: ?? on ??

The above is just a scratch of the bitcoin will make you rich lies.

Worse part is idiots believe them, Tongue

These are not lies because many people got rich with Bitcoin and we can expect that many still will. I'm not rich but I multiplied my investment in the last 4 years so in a way Bitcoin made me richer. Why should I keep it to myself and not tell others about this opportunity that lies before them?
If they're afraid they can always invest just a small amount of money and put it aside.

Bitcoin won't be at 8 or 9 thousand that's one thing we can all be sure of.
In 10 years it will be at 100 thousand or it will be at 100.
It's an all or nothing game.

KonstantinosM

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Life is a taxable event

Quote from: ?? on ??

Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

And what price did you sell enough to be a Fiat millionaire, otherwise you wasted the opportunity.

That is the rub, not everyone was around at the time they could truly profit the most from bitcoin.

Peak Price of $20K was in Jan 2018, the price crashed to ~$3500 and confused people say it rose back to $10K,
so it is always growing. Duh! No it is not. Tongue

The truth is the bubble popped at $20K, all we have left now is Dead Cat Bounces, with lower prices in the future not higher.

Bitcoin has been in the shitter for over 2 years now, and there are NO signs of past glory returning, just a few mindless fanactics that drank the koolaid. Even the Peak price of 2018 was a manipulation by fractional reserve scam Tether Criminals.
https://thenextweb.com/hardfork/2019/10/08/class-action-lawsuit-alleges-bitfinex-tether-cost-cryptocurrency-market-1-4t/

Don't tell people what bitcoin did in the past , tell them what it will do for them in the future, and bitcoin future is headed Down$! Tongue

FYI:
Anyone thinking Bitcoin has 100X increases left in it , are sorely lacking in reality.

OK, first off, I'm not rich. I had the opportunity and I took it and got a little bit of profit. But I didn't get in it for the $$$. What got me into bitcoin, possibly in that order is:

1. I can send it to anyone over the internet without being stopped. I wanted to donate to Wiki leaks.
2. It can't be printed or loaned into existence by the banks.

and

3. It can be mined by pretty much anyone (that was especially true when I got in).

Bitcoin may or may not have 100X in it. But you know what will lose 100X guaranteed in the coming years? Try every major currency.

And I do tell people what bitcoin will do for them in the future and what it does for them in the present. And it's not about price. Price can go up or down or sideways or whatever.

Bitcoin itself can blow up, although I don't believe that. But the idea of bitcoin, and the vision. That is something that can't be taken back.

Would you bet, right here and right now. 0.1 BTC or $800 (if you win) that bitcoin won't reach another ATH in the next 10 years?

I don't think you will. I know what the more likely scenario is.

Slow death

legendary

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Quote from: KonstantinosM on March 01, 2020, 07:27:10 AM

I've watched bitcoin crash all the way from $8 to (Today's price)

Shuts them up.

past performance cannot guarantee future performance, as already mentioned in this thread. Whenever the price rises very suddenly the positive comments appear instantly and these positive comments are, in most cases, extremely exaggerated. When bitcoin started to increase a lot I heard things like:

"" June the price will be $16,000 "

"At the end of the year the price will easily be $30,000"

Now imagine if someone believes in these guys who call themselves analysts and that person buys on $10400? Currently the price is $8500 and may fall further, who knows? But the point is that those who bought $10400, are now at a loss

I like bitcoin a lot, but I find it very irresponsible the exaggerated predictions that many analysts make, sometimes I wonder if they really are analysts

Quote from: ?? on ??

Peak Price of $20K was in Jan 2018

was in December 2017

Quote from: ?? on ??

the price crashed to ~$3500 and confused people say it rose back to $10K,
so it is always growing. Duh! No it is not. Tongue

Topic: Comeback for "Bitcoin is crashing/will crash/ has crashed (Read 391 times)