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Topic: Game Over? - page 2. (Read 710 times)

hero member
Activity: 2842
Merit: 625
March 26, 2020, 07:53:31 AM
#71

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

They'll print infinite cash, this is one of the reason why crypto is getting better now, crypto is different, we don't do that, we based on fix supply only so the price would certainly rise due to the increase of demand, i'd say, fiat is the greatest scam in the world.
Yes.

The fixed supply of bitcoin is what making it better than the cash that will print unlimitedly because they need funds to fight this pandemic. CMIIW, trillions will be or probably printed already for helping the affected communities by this disease.

We'll eventually see the positive effect of it and might be the quick recovery of bitcoin last time was one of it.
legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
March 26, 2020, 04:49:21 AM
#70
~
The plustoken drop is part of it but it was followed by the massive selling of the people who were in panic due to the virus. Buying of the things in need since lockdowns were announced in different parts of the world.

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

If you expect inflation due to the fact that the FED prints trillions, then you probably will not see it. The FED is printing trillions in order to break the bankruptcy chain in the real economy where more trillions have already burned or are burning at the moment.
sr. member
Activity: 1288
Merit: 253
March 25, 2020, 10:08:27 AM
#69
Game over with bitcoin and altcoin because close with bitcoin halving time price of cryptocurrency is not wake up to higher price and keep going down, after have economic crisis and Corona virus make bitcoin and altcoin become down and drop drastically with lower price.
hero member
Activity: 812
Merit: 512
March 25, 2020, 07:42:07 AM
#68
It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.
That's a small amount of money for this market, so I think that's not the main reason why the entire market collapsed like it is now. Many people say that the epidemic has caused investors to panic and leave the market, and I think that is the main reason
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
March 25, 2020, 05:05:48 AM
#67

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.

They'll print infinite cash, this is one of the reason why crypto is getting better now, crypto is different, we don't do that, we based on fix supply only so the price would certainly rise due to the increase of demand, i'd say, fiat is the greatest scam in the world.
hero member
Activity: 2842
Merit: 625
March 24, 2020, 11:43:22 PM
#66
It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.
The plustoken drop is part of it but it was followed by the massive selling of the people who were in panic due to the virus. Buying of the things in need since lockdowns were announced in different parts of the world.

The FED just announced or they already did printed cash for this matter. I'll apply patience on this pandemic if it's for my investments in bitcoin and alts.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
March 24, 2020, 10:01:23 PM
#65
We are 122$billion back again so maybe the end is not yet to come or better say will never be?

yeah i can feel you all whenever the price of our Beloved Bitcoin seems drowning but we also knew it will comeback right?how many times this happens?
back last year we had more lower value right?

so maybe we can say this is the end of Bear market and the Bull is coming very soon.
full member
Activity: 532
Merit: 100
March 24, 2020, 09:45:28 PM
#64
It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

i think the drop was the result of the massive dump of 13,000 Bitcoins worth $105 million by plus ponzi scheme and add leverage trading and bitmex to that equation and we get the panic selling.

Well yes Game Over for the centralized financial system .The rate at which banks are printing dollars, which will eventually deflate its value, people might eventually start looking for alternative means of payments outside of governments and banks. That could be the glory moment Bitcoin had been waiting for.
hero member
Activity: 2842
Merit: 625
March 24, 2020, 08:14:17 PM
#63
It's true that there's no connection to covid and crypto but as we can see, this massive drop has lead many to panic which we're straightly affected now by the virus. It's the emotion of the people that made the cap down.

It's not a gameover, this is part of the volatility that we have accepted when we entered cryptocurrencies. And people who still rely with the news about mainnet launching, partnerships and other news that brings hype to investors will get to notice that it's no longer worth it.
sr. member
Activity: 1638
Merit: 278
March 24, 2020, 10:01:17 AM
#62
I have played A LOT of games while in this isolation stage and I can tell you that game over doesn't happen this way, this doesn't skim the surface for what happens when game over. Just go look at plague inc. when you are successful your start is a lot more infection related and a lot less dead related because you first want to infect everyone and not kill them so you would be not seen as bad but seen as harmless before you can start to kill everyone.

Economically speaking, even 2008 was worse than this and there was a tangible problem there, the world was in big debt that they couldn't pay, there was money load that didn't existed so there was no money to repay as well since it didn't existed, which created a dilemma, how do you pay a loan that doesn't exist with money that is not available, this is nothing like that. We at least have some sort of problem that we can see.
hero member
Activity: 2898
Merit: 590
BTC to the MOON in 2019
March 24, 2020, 07:34:12 AM
#61
No matter what the market will recover, if what is happening right now e.g Coronavirus happened years back it would have done some huge damages but now crypto is more than just a startup technology

More than just a startup technology ? But the corona virus outbreak is affecting the bitcoin market. The drop in price is evident. I think that with time, the effect will go away away because different governments have shut down in a bid to reduce the spread. Hodlers are selling off and that is why price is dropping.

Actually that's the reason why the economy is down now, when the government lock down cities and provinces, people can't work and can do business, which means they can't contribute to the government through taxes, now it's time for the government to give the people's need and that would make the economy down. Only when this pandemic is over where we can say that the economy will recover, for now, we are just hoping.
sr. member
Activity: 2310
Merit: 332
March 24, 2020, 07:08:11 AM
#60
No matter what the market will recover, if what is happening right now e.g Coronavirus happened years back it would have done some huge damages but now crypto is more than just a startup technology

More than just a startup technology ? But the corona virus outbreak is affecting the bitcoin market. The drop in price is evident. I think that with time, the effect will go away away because different governments have shut down in a bid to reduce the spread. Hodlers are selling off and that is why price is dropping.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
March 22, 2020, 11:48:28 AM
#59
EOS at 20cent? I will gladly buy many, I'm not that scared because the market is falling hard now, the risk part is investing in new altcoins, if top altcoins goes deep down I will gladly buy many

That will be the perfect decision, every wise crypto supporters would be glad to have all the potential top coins at a low price, investing in new coins would be a bad idea, because most of the new coins behave like shit, just pump and dump scheme! Though I don't think EOS will go to 20 cents, because that will be hard dump and Bitcoin may hit 2000$ if EOS hits 20 cents!
sr. member
Activity: 2800
Merit: 344
when lambo...
March 21, 2020, 07:53:22 PM
#58
Should we become hopeless because of the current market trend? Of course not.
It surely gives worries but that it comes into the point that we are able to think about its end and market collapse. Some altcoins are losing their potentiality but the others remain still strong.

We come into the point that the entire market is in the hard dumps, not only crypto but also the global market. This sounds alarming but not to the extent that we have to badly think about its ended scenario. I'm still positive that someday we will overcome this difficulties and soar back high again.
full member
Activity: 1848
Merit: 158
March 21, 2020, 07:47:57 AM
#57
sometimes most people forget how long this market has been running.
how many times crypto especially bitcoin has been rumored to be dead, but until now we can see whales so big manipulating the market and exploiting this situation.
don't let yourself be influenced by anything and still believe what you initially believed.

usually what happens as you say because of the panic that is very misleading. because we know that things like this often happen and that is always revealed surface. but until now it has remained and has never shifted. bitcoin is already accustomed to experiencing this and need not be feared it will return to its normal recovery. many seek profits with these words.


But those who are really in panic mode and selling their portfolio may be those who are preparing themselves for emergency situations or will be using their money to buy necessities such as food, medicines, especially those who lost their jobs because of shutdown of businesses. We can't blame them for panicking in this situation. And those who can afford to buy and store bitcoin will definitely get their profits in the future. it is all about understanding the predicament of everyone here. we don't know the real situation of someone before making conclusion out of thin air.

But I am sure, this is not yet game over. We have been in these times, many times. yet, bitcoin is still here and continue to survive and reach out more users. Crypto actually is a great means of payment method in this pandemic situation where fiat currency is one of the means of transferring this virus. One good example is SK burning some of their fiat, and quarantining the others to stop this outbreak.

https://www.channelnewsasia.com/news/asia/south-korea-central-bank-burns-quarantines-cash-covid19-12509920
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
March 21, 2020, 07:28:35 AM
#56
sometimes most people forget how long this market has been running.
how many times crypto especially bitcoin has been rumored to be dead, but until now we can see whales so big manipulating the market and exploiting this situation.
don't let yourself be influenced by anything and still believe what you initially believed.

usually what happens as you say because of the panic that is very misleading. because we know that things like this often happen and that is always revealed surface. but until now it has remained and has never shifted. bitcoin is already accustomed to experiencing this and need not be feared it will return to its normal recovery. many seek profits with these words.
sr. member
Activity: 1862
Merit: 259
March 20, 2020, 09:24:23 PM
#55
sometimes most people forget how long this market has been running.
how many times crypto especially bitcoin has been rumored to be dead, but until now we can see whales so big manipulating the market and exploiting this situation.
don't let yourself be influenced by anything and still believe what you initially believed.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
March 20, 2020, 06:13:45 PM
#54
Cryptocurrencies market has died several times and we are going to see another great recovering when the issue of this covid19 is finally over. I have decided not to be following most of the predictions of doom and focus on the reality of the market by depending on the past happening. This is not the end but just the beginning!

   Crypto-market never died, we are still here. I assume that you wanted to say that someone declared that crypto-market died, but that
never happened. That rumors usually start after significant price drop, this time is no different.
   I am here for a couple of years and in this time I saw hundreds of topics about the end of crypto-market. I never believed in that
rumors, and for sure I will not believe in them now, crypto-market is here to stay!
full member
Activity: 980
Merit: 114
March 20, 2020, 04:55:47 PM
#53
Cryptocurrencies market has died several times and we are going to see another great recovering when the issue of this covid19 is finally over. I have decided not to be following most of the predictions of doom and focus on the reality of the market by depending on the past happening. This is not the end but just the beginning!
hero member
Activity: 1876
Merit: 512
March 20, 2020, 03:17:14 PM
#52
My hope is that most of these shitcoins would be dead forever, we have seen days like these before only people worried are those new to the space, Bitcoin always bounce back and the fundamentals are still very strong, people need to be strong in time like this, some people will panic sell and regret the situation forver
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