Crucial time for bitcoin! | Bitcointalksearch.org

Taskford

hero member

Activity: 2520

Merit: 783

Quote from: iMark on October 17, 2019, 05:31:02 AM

Quote from: RonF on December 07, 2018, 09:40:23 AM

Meh. Bitcoin like many valuable investments has been going up, down, up, down, up a number of a times. It started out worth less than 1-cent each and now worth thousands of dollars.

The wise hodl. Bitcoin will likely massively rise once again.

Speculation that bitcoin will fall, die and disappear thousands of times was reported and I have heard it thousands of times, but bitcoin still survives. you're right, prices go up and down, up and down. We must realize that it is common in fluctuating markets, thinking that bitcoin will die just because falling prices are an amateur mind in crypto investment.

It's been talk for past 5 years but still bitcoin still kicking although there are times that price dump but still it manage to go up but I wonder why people still talking about that and I don't know if they are afraid to lose their investment capital or they just spread fuds to accumulate cheap bitcoins since I saw some people doing that and yet they earned with the fud news.

iMark

sr. member

Activity: 1162

Merit: 251

Quote from: RonF on December 07, 2018, 09:40:23 AM

Meh. Bitcoin like many valuable investments has been going up, down, up, down, up a number of a times. It started out worth less than 1-cent each and now worth thousands of dollars.

The wise hodl. Bitcoin will likely massively rise once again.

Speculation that bitcoin will fall, die and disappear thousands of times was reported and I have heard it thousands of times, but bitcoin still survives. you're right, prices go up and down, up and down. We must realize that it is common in fluctuating markets, thinking that bitcoin will die just because falling prices are an amateur mind in crypto investment.

traderethereum

hero member

Activity: 2870

Merit: 574

Vave.com - Crypto Casino

Quote from: Omega Weapon on October 02, 2019, 04:15:46 PM

Quote from: dimonstration on September 30, 2019, 06:02:21 PM

Quote from: traderethereum on September 29, 2019, 07:17:52 AM

No, I don't think that the old investors decided that bitcoin is a scam.
I believe that they still hold bitcoin until now and sell it some to buy back more bitcoin.
They already sold their bitcoin in 2017, and they bought more bitcoin when the price is down deeper.
I am sure they are happy now because they can buy bitcoin in $3000 price level in a few months ago and now, they are ready to wait for another bull run.
The dump and the pump will always happen at the market, and I think you don't have to surprise.
The old investors already knew that, and they always prepare for the worst thing that can happen in the future.

Knowledgeable investors will not sell all of their bitcoin, maybe some of it but they will sure to left some in them knowing how the bitcoin behave and all it goes through in the past, from sometimes being mined and forgotten to being rich when it pump too high. It have it cycles and those who see how bitcoin works will never say that it is scam, we just need to wait or buy some more till the Cycle goes at high again.

There are many types of investors and I can assure there are many that got out of bitcoin with the most recent crash, during 2017 many people lost all their money and when they saw the crash this brought memories of those days and they got scared and sold all their coins, we may argue whether this was the correct decision or not but it happened and it is also why the price went down more than it should have as people panicked and they sold their coins regardless of the price they were getting.

No need to argue because I met some friends who join bitcoin before the price increase in 2017. They said that they leave bitcoin for at least one and a half years because they have a lot of money from bitcoin so they can do real business in their home. They always said that when you enter the investment program, you must know when you must leave the program with a full of money, so when you come back to another investment type, you already have much money to invest. If you can repeat that, then you will have more and more money. I would say that they are making the right decision to sell all of his bitcoin because he knows the right time to cash out his bitcoin.

Ayiranorea

sr. member

Activity: 1246

Merit: 255

Leading Crypto Sports Betting & Casino Platform

Quote from: d3nz on October 15, 2019, 10:09:06 AM

Bitcoin is still king of the cryptocurrency and it is much popular all over the world and has many uses for services. Even though the fee is very large but still reliable and less hassle since you just need to wait for the confirmation and the transaction is already on the blockchain.

And I think the value of Bitcoin will soar up in the future since it will lessen the miners since the difficulty and the rewards will behalves.

When the transaction increases the difficulty of the network increases. Now this is being overcome by the lightening network, earlier when a huge number of transactions takes place, one with the lowest fee gets stuck to the network for weeks. This is the time for a perfect way of taking further steps in using cryptocurrencies, it has crossed the crucial time. Now it's time for growth and widespread.

d3nz

sr. member

Activity: 1372

Merit: 264

Bitcoin is still king of the cryptocurrency and it is much popular all over the world and has many uses for services. Even though the fee is very large but still reliable and less hassle since you just need to wait for the confirmation and the transaction is already on the blockchain.

And I think the value of Bitcoin will soar up in the future since it will lessen the miners since the difficulty and the rewards will behalves.

bitgolden

legendary

Activity: 2996

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Apes on October 04, 2019, 08:03:15 PM

Quote from: wheelz1200 on October 04, 2019, 12:40:32 PM

Why and how do you think bitcoin is a scam? It is a proven patent method and has been for 10 years strong now. If people are willing to accept it as a form of payment it's not a scam is it? Last I seen is that more and more vendors/peoe accept it so I dont know how you came to that realization

yup. now more and more merchants are accepting payments using bitcoin and other types of cryptocurrencies as payment, it's hard to say that BTC is a scam where people continue to believe it. BTC accusations of being a scam and ponzi scheme have long been heard. but whether it can be easily manipulation in the global market. and whether BTC falls do people leave it, just the contrarily when prices fall that believer actually buy more.

If it is a Ponzi scheme, then it is a Ponzi scheme that the government has fallen into, and it is also a Ponzi scheme that has brought so many solutions to the lives of people including government and organization also, it is a Ponzi scheme that has given job to the jobless, a Ponzi scheme that has already enriched the poor, so I must call it a holy Ponzi scheme but I am sorry to say that this is not a Ponzi scheme, so for those who are seeing it as Ponzi scheme are really not so serious about what they are doing.

I believe that by now, after so many years of bitcoin and what bitcoin has helped people to achieve they will also see that their view of bitcoin is a very wrong one and the earlier they take their impression out of their mind, the earlier the better because of what bitcoin will grow to in future.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: ?? on ??

Quote from: Omega Weapon on October 02, 2019, 04:15:46 PM

There are many types of investors and I can assure there are many that got out of bitcoin with the most recent crash, during 2017 many people lost all their money and when they saw the crash this brought memories of those days and they got scared and sold all their coins, we may argue whether this was the correct decision or not but it happened and it is also why the price went down more than it should have as people panicked and they sold their coins regardless of the price they were getting.

This is natural if the price falls down people get scared but they should know it’s only the volatility which makes the price down. Holding is best solution to make profit even in low price. Giving people lose by panic is really bad. In 2017 price was so high people sell in excitement which caused problem for people for investors in 2018.

I agree that they should know better but at the same time we need to put ourselves in their shoes, they saw that the market began to crash and this brought the memories of all the money they lost in the past by holding their coins and they remembered how long it took to the market to recover, and after all of this they decided they will get out of the market before they lose even more money, as you can see their train of thought was very rational even if we do not agree with them.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

Quote from: Vaculin on October 04, 2019, 05:12:18 PM

Now that bitcoin continues to struggle again, this is another crucial time, but I like to emphasize that bitcoin when struggling, it always recover in the end.
This isn't new anymore, people can can it scam when it's dumping but the fact that it has risen many times from death, this would tell how strong bitcoin is and the smart ones does not usually follow the action like the newbies did, the pump and dump is normal but smart people have different interpretations so they also make different actions compared to the newbie.

Buy when dump and sell when it pump, that's the smart ones are doing, and they don't panic.

But that is not rocket science to sell high and buy low. This is the basic that everybody should know before getting involved in Bitcoin trading. But lack of basic knowledge I see as one of the key problems with some Bitcoin users and consequences are often panic and bad decisions that lead to loss.

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Vaculin on October 04, 2019, 05:12:18 PM

Buy when dump and sell when it pump, that's the smart ones are doing, and they don't panic.

It sounds so easy the way you put it, but you don't know beforehand if the price dumps way beyond what you expect to be a bottom, or pump way beyond what you expect to be a great peak to sell at.

Last year was where everyone was saying to buy the dip, and that dip buying started around $18k and didn't end until we finally bottomed out around the $3k mark. People have to learn not to catch a falling knife. It sucks.

People can say that in the long term the price will go back up all day long, but that bit of information isn't doing anything for you in the short term when you look at the price that's constantly decreasing.

perla

hero member

Activity: 1932

Merit: 504

Quote from: Apes on October 04, 2019, 08:03:15 PM

Quote from: wheelz1200 on October 04, 2019, 12:40:32 PM

Why and how do you think bitcoin is a scam? It is a proven patent method and has been for 10 years strong now. If people are willing to accept it as a form of payment it's not a scam is it? Last I seen is that more and more vendors/peoe accept it so I dont know how you came to that realization

yup. now more and more merchants are accepting payments using bitcoin and other types of cryptocurrencies as payment, it's hard to say that BTC is a scam where people continue to believe it. BTC accusations of being a scam and ponzi scheme have long been heard. but whether it can be easily manipulation in the global market. and whether BTC falls do people leave it, just the contrarily when prices fall that believer actually buy more.

Who said scam is talk at december 2018, maybe he lost his money in bitcoin investment. And people should be educated that bitcoin is like money and scam or not it is depends on what people did with it. I think bitcoin price not considered scam because it is investment,

Apes

sr. member

Activity: 1316

Merit: 257

Quote from: wheelz1200 on October 04, 2019, 12:40:32 PM

Why and how do you think bitcoin is a scam? It is a proven patent method and has been for 10 years strong now. If people are willing to accept it as a form of payment it's not a scam is it? Last I seen is that more and more vendors/peoe accept it so I dont know how you came to that realization

yup. now more and more merchants are accepting payments using bitcoin and other types of cryptocurrencies as payment, it's hard to say that BTC is a scam where people continue to believe it. BTC accusations of being a scam and ponzi scheme have long been heard. but whether it can be easily manipulation in the global market. and whether BTC falls do people leave it, just the contrarily when prices fall that believer actually buy more.

Hypnosis00

sr. member

Activity: 2436

Merit: 343

Quote from: Vaculin on October 04, 2019, 05:12:18 PM

Now that bitcoin continues to struggle again, this is another crucial time, but I like to emphasize that bitcoin when struggling, it always recover in the end.
This isn't new anymore, people can can it scam when it's dumping but the fact that it has risen many times from death, this would tell how strong bitcoin is and the smart ones does not usually follow the action like the newbies did, the pump and dump is normal but smart people have different interpretations so they also make different actions compared to the newbie.

Buy when dump and sell when it pump, that's the smart ones are doing, and they don't panic.

That would be smart but not actually all of us doing this that is why see the market turns into more volatile. It has to appreciate how the others keep holding during the bear season but somehow, the others also keep selling which helps more to drag crypto downwards.
This what we called uniqueness, this is totally an investment as buying and selling keeps alive for all of us aren't in the same perceptions.

Vaculin

hero member

Activity: 2940

Merit: 613

Winding down.

Now that bitcoin continues to struggle again, this is another crucial time, but I like to emphasize that bitcoin when struggling, it always recover in the end.
This isn't new anymore, people can can it scam when it's dumping but the fact that it has risen many times from death, this would tell how strong bitcoin is and the smart ones does not usually follow the action like the newbies did, the pump and dump is normal but smart people have different interpretations so they also make different actions compared to the newbie.

Buy when dump and sell when it pump, that's the smart ones are doing, and they don't panic.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: Deborah Christine on September 30, 2019, 04:06:14 AM

Quote from: erikoy on December 07, 2018, 09:36:26 AM

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

Currently bitcoin is experiencing bearish but that does not mean bitcoin is abandoned by its users or is considered a scam by its users. I still see the trust of many people in bitcoin.

The decline in the price of bitcoin is still quite reasonable from previous years bitcoin also experienced ups and downs.

So there is no need to panic excessively.

This is just how the market really works and remember that bitcoin has its cycle, so it's a boom or bust sort of pattern. So I do hope that we all understand this so that you won't feel that you are being scam here or something.

And how can something be a scam when people are making money here?

Scammers take someone's vulnerability so I don't think that anyone here can be a victim, it's your choice to sell your bitcoin much lower that you actually buy it. On the contrary to make money, sell it at a high price, tit for tat.

wheelz1200

legendary

Activity: 3752

Merit: 1415

Quote from: erikoy on December 07, 2018, 09:36:26 AM

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

Why and how do you think bitcoin is a scam? It is a proven patent method and has been for 10 years strong now. If people are willing to accept it as a form of payment it's not a scam is it? Last I seen is that more and more vendors/peoe accept it so I dont know how you came to that realization

redsun114

hero member

Activity: 2730

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

This is natural if the price falls down people get scared but they should know it’s only the volatility which makes the price down. Holding is best solution to make profit even in low price. Giving people lose by panic is really bad. In 2017 price was so high people sell in excitement which caused problem for people for investors in 2018.

Does it mean that we have lots of newbies in the market because I don’t think any existing investor should have understood the market condition will still panic when there is no FUD news, because there is no FUD that accompanied the recent drop, all we should just know that the market is volatile like you said and we should always expect anything of such at any time, which is why bitcoin should strictly be seen as a long term investment against that short-term investment many of us are seeing it as.

We should take bitcoin more as currency that we need to be using to make payment and receiving payment and believe that through the use of bitcoin as often as possible for this purpose, we will surely increase in value in future.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: dimonstration on September 30, 2019, 06:02:21 PM

Quote from: traderethereum on September 29, 2019, 07:17:52 AM

No, I don't think that the old investors decided that bitcoin is a scam.
I believe that they still hold bitcoin until now and sell it some to buy back more bitcoin.
They already sold their bitcoin in 2017, and they bought more bitcoin when the price is down deeper.
I am sure they are happy now because they can buy bitcoin in $3000 price level in a few months ago and now, they are ready to wait for another bull run.
The dump and the pump will always happen at the market, and I think you don't have to surprise.
The old investors already knew that, and they always prepare for the worst thing that can happen in the future.

Knowledgeable investors will not sell all of their bitcoin, maybe some of it but they will sure to left some in them knowing how the bitcoin behave and all it goes through in the past, from sometimes being mined and forgotten to being rich when it pump too high. It have it cycles and those who see how bitcoin works will never say that it is scam, we just need to wait or buy some more till the Cycle goes at high again.

There are many types of investors and I can assure there are many that got out of bitcoin with the most recent crash, during 2017 many people lost all their money and when they saw the crash this brought memories of those days and they got scared and sold all their coins, we may argue whether this was the correct decision or not but it happened and it is also why the price went down more than it should have as people panicked and they sold their coins regardless of the price they were getting.

dimonstration

hero member

Activity: 2716

Merit: 698

Dimon69

Quote from: traderethereum on September 29, 2019, 07:17:52 AM

No, I don't think that the old investors decided that bitcoin is a scam.
I believe that they still hold bitcoin until now and sell it some to buy back more bitcoin.
They already sold their bitcoin in 2017, and they bought more bitcoin when the price is down deeper.
I am sure they are happy now because they can buy bitcoin in $3000 price level in a few months ago and now, they are ready to wait for another bull run.
The dump and the pump will always happen at the market, and I think you don't have to surprise.
The old investors already knew that, and they always prepare for the worst thing that can happen in the future.

Knowledgeable investors will not sell all of their bitcoin, maybe some of it but they will sure to left some in them knowing how the bitcoin behave and all it goes through in the past, from sometimes being mined and forgotten to being rich when it pump too high. It have it cycles and those who see how bitcoin works will never say that it is scam, we just need to wait or buy some more till the Cycle goes at high again.

Deborah Christine

sr. member

Activity: 864

Merit: 284

Quote from: erikoy on December 07, 2018, 09:36:26 AM

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

Currently bitcoin is experiencing bearish but that does not mean bitcoin is abandoned by its users or is considered a scam by its users. I still see the trust of many people in bitcoin.

The decline in the price of bitcoin is still quite reasonable from previous years bitcoin also experienced ups and downs.

So there is no need to panic excessively.

CarnagexD

sr. member

Activity: 1498

Merit: 374

Leading Crypto Sports Betting & Casino Platform

Quote from: RonF on December 07, 2018, 09:40:23 AM

Meh. Bitcoin like many valuable investments has been going up, down, up, down, up a number of a times. It started out worth less than 1-cent each and now worth thousands of dollars.

The wise hodl. Bitcoin will likely massively rise once again.

Bitcoin will still remain as one of the best and valuable investments in the field of cryptocurrencies. At this moment bitcoin have been facing new crucial time, especially if bitcoin break the price of 7000$ and if this thing happens the price will rapidly go down and might see a new downtrend in the price of bitcoin. I have been experiencing the crucial time of bitcoin especially in the year 2018 were not the only bitcoin is experiencing it but also other cryptocurrencies.

Topic: Crucial time for bitcoin! (Read 993 times)