Topic: False fear about BITCOIN. - page 16. (Read 3168 times)
I think it's stupid when people become worried and sell Bitcoin. Although it is decreasing and there is no sign of rising, however, I still believe it will soon grow back. Bitcoin will never stop working because it is the currency of the future and it will definitely grow in the future.
the wrong fear about bitcoin is the fear of bitcoin will become extinct when in my opinion digital currency will be more popular in the future more than today
This kind of news keeps on pooping up every now and then so it's nothing new that one should be bothered with, personally I prefer to see the sentiments here, rather than what's played by media. Currently the sentiments are strong and they'll power up the market for sure. Buying and selling is a important phase of bitcoins I'm glad it's continuing this way.
If you read news like this https://www.ccn.com/mysterious-asian-whale-begins-funneling-funds-back-to-huobi/ that there is someone who has mysteriously bought a large amount of bitcoin. Then sell. All I can read is that Bitcoin has a fan of "Giant" who likes to invest and sell Bitcoin. This means Bitcoin will continue to run. What to worry about? What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
This is just My Opinion Personally. Please fix it if it's wrong.
This is just My Opinion Personally. Please fix it if it's wrong.
For years, pundits have called for the demise and death of Bitcoin. Many have called this a bubble, a fad, nothing more than a ‘digital mirage’. Why should we believe in them? Bitcoin has significant upside. BTC and precious metals both offer alternatives to government monopolized fiat currency. They play a similar role as free market, sound money. But as with any financial instrument, there are potential pitfalls. Diversifying your cryptocurrency portfolio with precious metals can help mitigate some of the potential downside and put you in an overall stronger financial position.
What do you mean?
I mean a lot of people are worried that whales moving coins = all of a sudden bitcoin prices crashing down, which may be the case. But simply them moving coins doesn't mean much, it could mean that they just want to trade for the short term.
Plus, if traders with big volume do sell their coins, it'll just mean that another person or persons will be picking up on the long position. Nothing too special going on here.
You're right, there is a false fear involved here. Bitcoin is supposed to be traded on the free market, and people with lots of it can do whatever they want with their BTC, and that includes selling. Their individual actions don't affect long term aspects of bitcoin at all imho, and thus it's pretty useless to look at.
I mean a lot of people are worried that whales moving coins = all of a sudden bitcoin prices crashing down, which may be the case. But simply them moving coins doesn't mean much, it could mean that they just want to trade for the short term.
Plus, if traders with big volume do sell their coins, it'll just mean that another person or persons will be picking up on the long position. Nothing too special going on here.
You're right, there is a false fear involved here. Bitcoin is supposed to be traded on the free market, and people with lots of it can do whatever they want with their BTC, and that includes selling. Their individual actions don't affect long term aspects of bitcoin at all imho, and thus it's pretty useless to look at.
Thats beyond whale final balance on that address. It will be a huge dump for bitcoin or gain for any altcoin(if he wishes to invest) but I dont think its one person but one company holding this much. Lets see what comes next.
The media will always say bad things about bitcoin, if any good news is loaded it will only contain 20% of the truth.
That is true, we don't need to be worried if there still buying and selling activity on bitcoin. I'm sure bitcoin also never be get dead because bitcoin is the best cryprocurrency, nobody can make bitcoin dead. Bitcoin is the leader of crypto, bitcoin will always stay on crypto.
There is no reason to fear. It is just that bitcoin is being miss used. Bitcoin was not create for whales. It was to facilitate peer to peer payments seamlessly but what is news now is whales have dumped the market. There is more news about trading of bitcoin than actual usage of the coin.
If there are people who have large fund for buying bitcoin and they are contributing to the market until they sell.
As long as they are buying large amount of bitcoin, they are adding value to it by adding more demand.
As long as they are buying large amount of bitcoin, they are adding value to it by adding more demand.
What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
Yes this is all true, if there will be no more buy and sell activities/orders in the future then they are free to express that bitcoin is dead. 
If you read news like this https://www.ccn.com/mysterious-asian-whale-begins-funneling-funds-back-to-huobi/ that there is someone who has mysteriously bought a large amount of bitcoin. Then sell. All I can read is that Bitcoin has a fan of "Giant" who likes to invest and sell Bitcoin. This means Bitcoin will continue to run. What to worry about? What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
This is just My Opinion Personally. Please fix it if it's wrong.
This is just My Opinion Personally. Please fix it if it's wrong.
I think that this is fake news and nothing such a there. Because the secret image is impossible to buy something, and all will track
there is nothing fake about it. the only thing that the article neglects to mention is the fact that this is happening every single day! during rises, during drops,... there are traders some huge, some big and some of them small who are buying and selling bitcoin to make profit. there are whales who move thousands of bitcoin to sell there are thousands of other small fish who buy 1 bit coin on the other side.
there is nothing strange nor new about it to make a news article from!
in the end if there are more sellers than buyers the price will go down and if it is other way around price will go up.
Yes. There are indeed some of some fake news on news sites that are not trusted. Some write the news without a solid basis and reference. But there is some news released by reputable sites and according to data and facts (including the links I included at the beginning of this thread). For me, such news should not be frightened but it should be the basis of our optimism, Bitcoin lovers, that bitcoin will be more advanced and not something that is not qualified. The proof of a giant investor is still sitting with Bitcoin.
Bitcoin's continued buying and selling that makes Bitcoin less enthusiastic is a lot of factors like regulation of government rules and capitalists who often monopolize the market.
Yes, that determines the rise and fall of bitcoin prices is us, but if we get a profit from bitcoin investment, then there will be others who lose.
when it comes to fear and bitcoin we have different levels and reasons for it. some of them are good and necessary like fearing the money you invest in which leads you to invest what you can afford to lose not all your lifesavings as long as it is a logical fear.
but the fear that is caused by FUD like the news that OP shared here is pure bullshit. and that is how you lose money. the fact is there is a lot of propaganda out there against bitcoin and these days it is working full time to fight it and when the fear is originated from that then it is irrational and you should rethink the way you are treating bitcoin.
but the fear that is caused by FUD like the news that OP shared here is pure bullshit. and that is how you lose money. the fact is there is a lot of propaganda out there against bitcoin and these days it is working full time to fight it and when the fear is originated from that then it is irrational and you should rethink the way you are treating bitcoin.
From the very beggining, bitcoin has funded already a large amount of capital, and the same thing as what happens today are forms of business cycle that something bitcoin are controlled by big whales, and I think bitcoin cannot survive without those big gorgeous and generous investors that can afford to invest a large amount of capital. But the real power of decisions making on this business are totally behind the bitcoin creator, even there are some people who manipulates but still the power of control system are under the creator of bitcoin.
This was just a norm of bitcoin, and thus manipulators will not be successful because btc demand will rise soon. The investors right now holds their asset as unpredictable market was really affected by the current trading struggles. Moreover traders nowadays were shaking off their feet upon hearing those false predictions, but even if they're having fears it doesn't mean they've loss their hope. Time will come these group of investors will trigger the whales to help btc price recover in soonest time this year.
If you read news like this https://www.ccn.com/mysterious-asian-whale-begins-funneling-funds-back-to-huobi/ that there is someone who has mysteriously bought a large amount of bitcoin. Then sell. All I can read is that Bitcoin has a fan of "Giant" who likes to invest and sell Bitcoin. This means Bitcoin will continue to run. What to worry about? What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
This is just My Opinion Personally. Please fix it if it's wrong.
This is just My Opinion Personally. Please fix it if it's wrong.
I think that this is fake news and nothing such a there. Because the secret image is impossible to buy something, and all will track
there is nothing fake about it. the only thing that the article neglects to mention is the fact that this is happening every single day! during rises, during drops,... there are traders some huge, some big and some of them small who are buying and selling bitcoin to make profit. there are whales who move thousands of bitcoin to sell there are thousands of other small fish who buy 1 bit coin on the other side.
there is nothing strange nor new about it to make a news article from!
in the end if there are more sellers than buyers the price will go down and if it is other way around price will go up.
From the very beggining, bitcoin has funded already a large amount of capital, and the same thing as what happens today are forms of business cycle that something bitcoin are controlled by big whales, and I think bitcoin cannot survive without those big gorgeous and generous investors that can afford to invest a large amount of capital. But the real power of decisions making on this business are totally behind the bitcoin creator, even there are some people who manipulates but still the power of control system are under the creator of bitcoin.
If you read news like this https://www.ccn.com/mysterious-asian-whale-begins-funneling-funds-back-to-huobi/ that there is someone who has mysteriously bought a large amount of bitcoin. Then sell. All I can read is that Bitcoin has a fan of "Giant" who likes to invest and sell Bitcoin. This means Bitcoin will continue to run. What to worry about? What I do not want is if there is no Bitcoin buying and selling activity. Because that means Bitcoin no longer has any interest. That's what I should be afraid of.
This is just My Opinion Personally. Please fix it if it's wrong.
This is just My Opinion Personally. Please fix it if it's wrong.
Indeed, just reading that news. Some peoples or institution speculate on bitcoin and they want lower price and buying more. Its better not panic in market condition right now because it will bring us to loss on our account
Of course bitcoin is much in the interest of investors because investing in bitcoin does not recognize the cost of the costs incurred to the coin owner, so investors are interested in investing with bitcoin when compared with other investments.
I strongly agree with your opinion that the prime trades are buyers and sales, and I also never worry about bitcoin, because I believe that bitcoin will keep going.
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