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Topic: Fear not,bitcoin will rebounce - page 9. (Read 1098 times)

member
Activity: 138
Merit: 14
February 02, 2018, 03:52:57 AM
#9
Hmmm. as long as bitcoin has unit bias (is that the phrase?), Mr. and Mrs. John Q. Public in Peoria living on the corner of Elm and Pleasant St are going to have a tough time investing their hard earned $2000 in 0.24 of anything. So basically it's big money vs. big money in the center of the ring, currently slaughtering the bull. I am not advocating changing bitcoin to mils or bits, just saying that at these prices, it doesn't feel like a true "market" where everyone can participate - even if everyone can technically participate. Most of us are just sitting watching the whales, sharks and speculators doing their thing. I would imagine that makes the possibility of very sharp turnarounds more likely than a true market where everyone can (more realistically) participate?
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
February 02, 2018, 03:47:17 AM
#8
Haha only idiots hold , smart people sell during peaks

you are only 50% correct, the second part is right.

holding something that you believe will appreciate over time (in long term) doesn't make you an idiot. and many are doing this because they do not trust exchanges to start trading bitcoin there and other means of selling are not good enough.
holding something that is useless and has an illusion instead of future (ie altcoins) makes you an idiot though.
hero member
Activity: 774
Merit: 500
Look ARROUND!
February 02, 2018, 03:40:01 AM
#7
Haha only idiots hold , smart people sell during peaks

Smart people buy when the price is low Smiley
Bitcoin trend now is quite giving fear to any holder but we should not panic on this situation because bitcoin will rise again after its price downfall. Imagine millions of people will buy bitcoin today because its price is slightly affordable as it goes down, therefore the more demand will limit the supply of bitcoin and this will cause to rise up again its value, so hold on and and don't panic bitcoin will rebounce soon.
Don't look at the price went it gets this low. Come back in a year or so then plan on selling the coins.
full member
Activity: 546
Merit: 100
February 02, 2018, 03:35:58 AM
#6
Haha only idiots hold , smart people sell during peaks

Smart people buy when the price is low Smiley
Bitcoin trend now is quite giving fear to any holder but we should not panic on this situation because bitcoin will rise again after its price downfall. Imagine millions of people will buy bitcoin today because its price is slightly affordable as it goes down, therefore the more demand will limit the supply of bitcoin and this will cause to rise up again its value, so hold on and don't panic bitcoin will rebounce soon.
newbie
Activity: 14
Merit: 0
February 02, 2018, 03:25:26 AM
#5

Smart people buy when the price is low Smiley


Yep. At $0.01 cent per coin.
sr. member
Activity: 630
Merit: 253
February 02, 2018, 03:12:36 AM
#4
Haha only idiots hold , smart people sell during peaks

Smart people buy when the price is low Smiley
full member
Activity: 267
Merit: 100
February 02, 2018, 03:10:26 AM
#3
hope for rebounce but how low will the bitcoin price go?
newbie
Activity: 56
Merit: 0
February 02, 2018, 03:08:34 AM
#2
Haha only idiots hold , smart people sell during peaks
jr. member
Activity: 110
Merit: 5
February 02, 2018, 02:55:52 AM
#1
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
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