Topic: Do you know why Bitcoin price is dropping down ? Don't Ask Satoshi ? Just buy ! - page 2. (Read 636 times)

If you truly believe in bitcoin, then you should not questioned its highs and lows as its a natural thing when it comes to a highly volatile investment. Just take this opportunity and start buying bitcoin, as its always the best crypto asset that has been proven for a decade now. Otherwise, fall from those fake satoshis and be ready for a huge loss in the future, which i think won't less likely to be possible if you focus on bitcoin.

The price keeps falling and increases to mark the price movements on the bullish and bearish range. This means we've been encountering the price to be within $29k and $31500. Most people have cited the ongoing market movement to continue even downwards. This is something unexpected for now, and to be perfectly bullish it can take upto two years taking into account the halving event.

People are highly positive about the market and adoption keeps increasing with time. However a trend change is the one that drives the market further and we don't know when this will happen considering the price movements.

I understand that you believe that the price will go up soon within a few weeks or even within a few months, but one cannot always be so confident as to think that whenever the price drops then it will soon go up. looking at the current context I would say that buying at that price is still very risky because the price can drop to $10,000, and how would people who buy when the price is at $30,000 and the price drops a lot to $10,000 and then the cost to take years to get back to $30,000? all these people will have is regrets

well bitcoin continues to win the trust of many people. the proof is that several countries are interested in adopting bitcoin. even now South Korea has started to draft a law on digital money. which of course has been confirmed with bitcoin in it. because bitcoin is the king of digital money. This step taken by South Korea is proof that the South Korean country has seen the rapid interest and development in the use of digital money.

South Korean government pushes for a faster approach to crypto regulation amid LUNA token crisis

It's proven we see a pump after every dump at all. I am not sure what you want to explain, but it's pretty sure everyone knows that the Bitcoin price will go up within a few days or weeks. But the problem is we don't have enough patience to hold that how to market dump more. This is the opportunity to accumulate more and hold till we have profit. But sadly whales are accumulating now and we are selling. Once it will up we will buy and whales will sell, so we will more poor and whales will richer.

Luna and BTC cannot be compared. BTC is still a giant altcoin and no one will ever match it. Bitcoin has a strong community, despite the mysterious Bitcoin developer, bitcoin is able to survive to this day. A decline in prices or a bear market like this is still very reasonable. Having a lot of money and buying at a low price will be very profitable at this time.

Yeah , yeah !  Why shall I advise people not to get afraid  and invest in Bitcoin  ?  They are not stupid. They themselves should decide that for themselves. Or they can pay some financial advisors and buy their advise then they decide what they should do with their fiat paper that does not have any real monetary value.

Well, you are quite right, I really do not have much time to provide free financial advise to people. I am not here to  convince you or other regarding when to buy Bitcoin ? 

When the Bitcoin price will soon get back to $40k or $60k in few weeks or in few months time then those scared and sceptic will moan and say, " I was fool, why did not I buy more some Bitcoin with my remaining savings ?  I wish I could have taken a remortgage on my house and bought more Bitcoin instead just thinking about Bitcoin price. It would have been better even I could have borrowed some money from the bank or friends and bought Bitcoin when it was just £24 k.

Yes, I must act now and recite my magic mantra "Abra Ka Dabra !" To rise the Bitcoin price to €40K or $69 K or £100 K.

That will definitely prove my Bitcoin Mantra is functioning and poor people are getting rich quick according to regious prediction "the poors shall be rich" but sorry, the religious God is not making the poor people rich but it my Bitcoin and Blockchain making poor people rich.

If you a Bitcoin rich man and reading this thread, you must know it is because of Bitcoin you have become rich, so please be aware that you will not be here in this forum and become a bitcoin rich man unless I had do all the  bloody hard work for inventing Bitcoin and Blockchain.

For all my hard works, what I have got is your mocking and abusive words. I wish, I did not invent the bloody Bitcoin and Blockchain technology. I regret.



Bitcoin Moses aka Satoshi Nakamoto

 

man i think telling people not to be afraid and use this price drop as an opportunity to buy more bitcoin is not good advice because you and no one else can guarantee that the price of bitcoin could not fall any further below $24000, who knows the price of bitcoin could drop to $10,000? or even for $3000? how would people be who believed in you and bought now that the price is at $30,000? I think that each person needs to do research on their own and then decide for themselves whether or not to buy bitcoin


Every day something funny comes up, I suppose you will do some miracle to make the price go up a lot?

Yes Don't get scared anyone , I am also not scared  after seeing this situation of btc. I also think that there is a doubt whether this state of the market or a dip will ever come again. Now my only regret is that I don't have much money, if I had, I would have bought btc with everything. Because  there is no worries about security of btc. On the other hand, those who invested in other coins (Luna) now they are now beggars of street.

strongly agree. those who lose are those who panic to sell when they lose. but the panic selling them is sometimes justified i.e. they only come out when the price is going down and buy back from the bottom. however 1BTC=1BTC. The bear market now is different from the bear market that happened in 2018 because today bitcoin is much more well known and popular. some countries have even adopted it. so it's very unlikely to be a value of 0.

and you are right now is a great opportunity to buy . and become greedy when others are afraid.

But I don't see you putting any logical reasoning in the OP. If you invite new people to buy bitcoin now by saying that, are you accepted or laughed at? The savvy investor still has logical considerations before placing a trade order, even if it is his favorite asset.

About civil manner, so far (I noticed) none of your posts reflect that. To me, you're just random screaming in the midst of people who don't care.

There is no reason to be scared about buying bitcoin because no matter how it falls deeply, it will never drop into 0 value. So take advantage while there is big opportunity in front of us, be greedy while others are fearful. If you dream to be profitable in bitcoin, it won't happen at the moment, but surely the process starts today. Trust in bitcoin and you will never lose in the long run. People only lose once they start panic selling at a lower value.

True, but we don't know when this is going to happen, neither how deep the dip can reach. Some things are sure to happen, like what you mentioned above, although we don't have access to the details to make an accurate and timed prediction. Personally I think bitcoin won't recover this year, because whales and institutional investors are willing to make profit from traditional markets after the rising in US interest rates, that is promised to be increased even more by Federal Reserve. Bitcoin will recover once the inflation starts heavily eating dollar currency purchasing power, forcing investors to leave traditional markets and come back to crypto universe.

How long it will last will depend on the US government influence and interference power on the economy. On long run it doesn't end well for them, anyway.

Not only you, many core Bitcoiners including me have bought some Bitcoins.
I also agree with regarding why people might not have bought the coin.
I would rather stick to one reason, that people are fearing and not showing interest in the coin.
The people are forgetting that this is just a bad phase which will eventually go away, and moreover the price will grow no matter what happens in the world.
As Bitcoins are limited in numbers, so gradually it will become more valuable and therefore the price will grow for sure.
So it’s better to buy as much coins as you can in this dip season.

When Bitcoin price drop some people think it will fall down further and they wait for it to buy some according to their fiat savings. They wait week and week hoping it will drop more but then Bitcoin price start to jump up a d still they wait thinking may be this time I will buy when drop more few hundreds.

There after Bitcoin price rise up faster and they miss the opportunity to  buy. Later when   Bitcoin  will go to 80,000 K they will blame themselves saying how stupid I was ?  I should have bought some then I could have make a good profit.

Bitcoin will never come below 20 K ever again that is the BTC market strategy. Next Bitcoin game is to run faster suddenly and many people will miss the opportunity.

Soon the Bitcoin Whales and dome  Corporate investors will start to buy Bitcoin even my friend Waren Buffet will buy secretly and make profit pseudonymously.

This is the lowest dip of BTC price.

Some one asked me if I buy and sell Bitcoin ?  Literally, I have never bought any Bitcoin or Shitcoin. I do not trade Bitcoin. I might sell some Bitcoin when  Bitcoin price will rise to 1 million after the great financial crash in 2027.

"Profits are being made in a bear market"
A famous quote that is 100% true and it really is working . I mean if you are a long term crypto holder, this time really is a perfect time to buy Bitcoin and Ethereum maybe because we've seen that they withstood so many bear markets already.

Those who bought at the peak, just stay calm and average down. Buy Bitcoin now and hold it until the next bull market comes because after this, a bull market will come. Learning Bitcoin's movement will help  you gain profits but its not 100% guaranteed because right now, even a newbie like me who have no knowledge in Bitcoin can still gain profits because I will just buy Bitcoins now and wait.

OK!!!

I agree with you. everyone has the right and full control over what actions to take. and everyone's views are different. as well as in analyzing the bitcoin market.

so it is common for us to find that in every analysis that someone presents to the public, a note is always added, namely DYOR. indicating that they should continue to do their own analytical research and act on their own accord. not to be consumed by fomo and act with calm thinking and careful analysis. keep away from greed and panic. so that sharp logical thinking is awakened.

Bitcoin is supposed to give complete control of their funds so if Satoshi wants to sell 1 million bitcoin which he beleived to be holds then he can, no one can say what he can do with his money as same as everyone.

Price can drop to zero or jump to billion which solely depends on the demand and supply for that every trade contributes and the weigh depends on the volume of coins which they decide to buy or sell from the current trading price.

Price drop of bitcoin is common. People connect this with different incidents happening around. If part of the dip is out of technology elements the rest will be out of manipulation and panic from the bottom users. This time the trend is different, the technical elements caused the crash, but people haven't panicked causing massive sell-off. For this people find it an opportunity to accumulate for long term holding. In my understanding if users too have panicked automatically the price could've crashed even more.

right, when the price is experiencing a bearish season, that's when we save bitcoin, unfortunately many people are impatient, even the price that goes down is considered too low, but it is still decreasing again, therefore we have to be good at saving it to sell it in the bullish season later . although it is not as easy as we think to hold it, but that is the key to achieve success in investing in bitcoin.