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Topic: Face up to reality: The game is over - page 26. (Read 2880 times)

Lyd
full member
Activity: 420
Merit: 101
April 02, 2018, 03:13:06 PM
Crypto is not over. It is just a wave now when the market is down but I am confident that soon the market will recover and the prices will go back at normal
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com
April 02, 2018, 03:07:48 PM
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.
i dont think so some whales sell when the price is high for profit because they already know what will happen in bitcoin when sudden price rise there will always a price correction and they are just waiting for the right time to buyback its always happen in bitcoin
newbie
Activity: 98
Merit: 0
April 02, 2018, 02:26:26 PM
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.
I don't think so. As more countries get involved in bitcoin, it is harder for whales to control the price of bitcoins. The game will not end this way, and with more people involved, its price will recover in the next two months, which is not difficult for bitcoin.
sr. member
Activity: 994
Merit: 252
April 02, 2018, 02:16:53 PM
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

bitcoin may dropped but honestly blockchain is still in infancy.. so we will still have a lot of development in the future
If you look at the history, you will come to know that there have been major drops in Bitcoin followed by huge jumps than ever before. In 2013, there was a major fall in the coin to 150$ which was followed by double jumps and it had reach to more than 1000$ in few days. The USD-BTC has been changing on average of four percent on days of suspicious activities. So I do not think the game is over yet.
full member
Activity: 280
Merit: 100
April 02, 2018, 09:44:14 AM
The speculate game is over temporately, but its time for those people who really get involved into blockchain, its good to do real work now and i think they will gain much for today's effort
member
Activity: 238
Merit: 10
April 02, 2018, 09:27:25 AM
I do not think that the game is over because it's just a short break in the crypto currency. Surely there will still be growth which we are so waiting for.
jr. member
Activity: 294
Merit: 3
April 02, 2018, 06:01:32 AM
I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.


I don't believe that bitcoin will be in a game over situation, it is normal for the price to go up and down but it doesn't mean its game over already.

It is far from normal
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
April 02, 2018, 05:06:22 AM
As for me, the game is just beginning. I'm sure a new uptrend will begin in April, which will bring Bitcoin above $ 20,000.
Even whales need a profit, so they are also interested in the growth of the BTC price and capitalization of the crypto market.
member
Activity: 350
Merit: 10
April 02, 2018, 04:03:12 AM
I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.


I don't believe that bitcoin will be in a game over situation, it is normal for the price to go up and down but it doesn't mean its game over already.
member
Activity: 210
Merit: 12
April 02, 2018, 03:58:26 AM
We have not even seen a fraction of blockchain technology's potential yet so I think that cryptocurrencies are only just beginning to change economics and finance as we know it.
newbie
Activity: 196
Merit: 0
April 02, 2018, 03:41:55 AM
Sell your bags of Bitcoins and altcoins. I'll be happy to buy them at a discount Smiley If you don't see the true potential of blockchain technology it's your loss, there are soo many problems outside of financial transactions that blockchain can solve.
Yes I agree with you, I will also happily buy their cheap bitcoins that they will sell. Bitcoin is not for the weak hearted and have no patience. When dealing with bitcoin one must understand that things like these is bound to happen and it is perfectly normal. Mostly those who invested and bought little amounts of bitcoins are the ones who always ask that is bitcoin dead whenever the price goes down.
newbie
Activity: 42
Merit: 0
April 02, 2018, 03:35:57 AM
I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
sr. member
Activity: 1470
Merit: 325
April 02, 2018, 03:34:04 AM
Everyone's point of view is different. Do you think the game is over because the price has fallen? There are many factors that make the price drop every day, but I think the game will never end as long as Bitcoin is still there.

nope bitcoins ponzi scheme is over, those that join into it now end up all losing,

the reasons are obvious,

there are now many other cryptocurrencies seeking attention, and beeing considered respected as value carriers.

additionally bitcoin was just powered by greed of the new investors, not by the acceptance of the businesses that work for money.

regards
newbie
Activity: 28
Merit: 0
April 02, 2018, 03:31:46 AM
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

bitcoin may dropped but honestly blockchain is still in infancy.. so we will still have a lot of development in the future
newbie
Activity: 100
Merit: 0
April 02, 2018, 03:30:47 AM
Everyone's point of view is different. Do you think the game is over because the price has fallen? There are many factors that make the price drop every day, but I think the game will never end as long as Bitcoin is still there.
sr. member
Activity: 1470
Merit: 325
April 02, 2018, 03:29:22 AM
#99
I have experienced four big drops since I am into cryptocurrency. After every drop the price raised a lot and it went higher that it was before. I don't think the game is over now

jes well good luck competing with 1600 other cryptocurrencies for attention now, of wich many are build at least with a mission instead of just waste of electricity.
hero member
Activity: 910
Merit: 500
April 02, 2018, 03:26:57 AM
#98
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

There has been conspiracy theories or for some this belief that the above statement is true. I however do believe that there might be some truth in all of this especially with how the above is maintained and affected by varying factors of the external forces and internal that we as cryptocurrency users can only muse about. The whales that we are referring to may have an indirect effect on the price but I still do believe that the game is not over and there is a far more complicated process than this on how prices are determined
newbie
Activity: 112
Merit: 0
April 02, 2018, 03:24:11 AM
#97
The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.
No the game is not yet over don't be over confidence,the battle start now don't worry it gonna pumps up and up
jr. member
Activity: 294
Merit: 3
April 02, 2018, 03:20:14 AM
#96
The market is behaving suspiciously: THAT IS A FACT
hero member
Activity: 840
Merit: 502
February 17, 2018, 08:16:05 PM
#95
Such a downer sentiment. I love that. I can smell the blood on the street. It is time to buy.  Cool

Anyone wondering how I keep ending up with your money should understand a basic principle. You don't get much following the crowd. When people are panic selling like now, I buy. When everyone is buying at any price to keep from missing out, I'm selling. It works in other markets also. I am killing it in the stock market today because of the same kind of panic selling.
This is true for everything in life and no only trading, most of the time people give the same advice over and over again, they are trying to lead you into an average life, but average has never amounted to anything, why I will want to have an average job with low pay? I want more and I'm only going to get it by going against what it is believed by most people, even if I knew nothing about bitcoin I will know it will be a success because most people on the street think is a scam so I know it is not.
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