GAME OVER for Bitcoin? | Bitcointalksearch.org

nl247

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Quote from: holzer on August 15, 2018, 03:33:42 PM

Another Bitcoin obituary.... add it to the pile.

We obviously won't stop seeing this. Believe it or not, even if bitcoin peradventure starts trading at $1m and it drops by 50 - 70% of its value, a lot of people would still be here giving the bitcoin is finally dead scenario. Obviously, their expectations are not being met, and that is good for them, since their expectations has been totally based on greed anyway and not because they want to be a part of the future.

chuyengia2244

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Quote from: Idrisu on August 16, 2018, 03:00:24 AM

Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

I don't think that "the game is over" we have read many of this type of predictions and I think we can see that bitcoin has refused to died. We are to expect the approval of ETF some times to come and I believe cryptocurrencies is the money of the future.

The game is very attractive, it won't be because of an individual or organization that easily ends. They will continue in one way or another to reach an agreement in the future.

Idrisu

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Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

I don't think that "the game is over" we have read many of this type of predictions and I think we can see that bitcoin has refused to died. We are to expect the approval of ETF some times to come and I believe cryptocurrencies is the money of the future.

inanilujimi

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I think it's a ridiculous joke.
it is true that the impact of value is slightly reduced when the SEC postpones announcements that have long been awaited by crypto users, but that is only a small rock that blocks the growth of bitcoin.
and I believe that even without approval, the price of bitcoin will again skyrocket again.

Oasisman

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Quote from: filipwx on August 11, 2018, 06:49:22 AM

Quote from: crairezx20 on August 11, 2018, 06:40:24 AM

It's not game over yet and I think we will see the bullish market again in a few weeks, for now, bitcoin investors and holders are suffering because of bitcoin ETF decline that results in panic selling. I just noticed that the price of bitcoin depends on what news condition if people heard a good news about bitcoin the price start rising but if all bitcoin news is bad then the price starts falling. Like what happened these days.

So better to rely on what bitcoin news condition so that you know what will happen in the next movement because for me it's accurate source of signal to know if the price will drop soon or the price will rise again.

Yes thats true.
I feel like the price could drop to 4K before going up again and it could take a while.

It is possible, but $4k is way too low. My wild guess regarding the lowest dip this month would be around $5.5k - $5.8k.
I know Bitcoin ETF could make a huge impact in the market prices regardless of what the outcome is. But if the ETF doesnt approved, its still not the end game for Bitcoin. We are too focused on the Bitcoin ETF that we tend to rely the future of Bitcoin in the outcome of such decision from the SEC. Thats the common misconception here. If it gets rejected, we could potentially suffer for further dip, but its not gonna take forever, it will always recover.

the1arty

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Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Bitcoin has died 308 times in the press as of today. If you still question the technology behind bitcoin and blockchain, I guess you do not have any trust and once the price will rise before the really big move, you are going to sell it.
Gold exists for centuries and still the price is around $1200 (with all derivatives included), if bitcoin would have all that, roughly the price should be $250k

holzer

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Another Bitcoin obituary.... add it to the pile.

weblaraveluser

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Quote from: Ronyx on August 15, 2018, 12:56:26 PM

Bitcoin hasn't lost its value and fell at zero, and I don't think bitcoin is over. I did not think of interpreting this decline as a bitcoin death, and I would not sell low. I believe in bitcoin and I will keep holding, even though many of them say bitcoin will die.

The market is volatile but bitcoins will never go down to zero value because people will always keep on investing no matter how the market price drops since they are earning profit due to the volatiltiy of the market.

nidacoinlove

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Quote from: gabmen on August 15, 2018, 08:52:23 AM

Quote from: giarised on August 15, 2018, 01:17:19 AM

Quote from: ngusmin on August 11, 2018, 12:27:52 PM

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.

Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

Well there are people who are against btc from the very beginning and these people are likely the ones blabbering about btc ending or losing value. We all know btc's potential and how it will spearhead a crypto revolution in the years to come.

Yeah there are people who don't like BTC but unfortunately or fortunately they may not resist it's properties for long. BTC is a technology revolution, aside from all the price shit it is a reality. One day these people who are against it will be the most enthusiastic buyers of Bitcoin with a regret of understanding it after a long time.

Slow death

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Quote from: filipwx on August 11, 2018, 02:50:48 AM

Do you think it's a GAME OVER?

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there are many things that are happening and that in the future will benefit bitcoin, just because the price falls is not reason to think that is the end

St4yInTh3D4rk

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Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Is ETF is the main reason for the invention of the bitcoin or it is the thing made ht eprice of bitcoin get grown from none to $20000 in last year,no right so their approval has nothing to do woth the future of the bitcoin their rejection just creates short term effect in the bitcoin price but it is not the end. Cool

justspare

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Quote from: giarised on August 15, 2018, 01:17:19 AM

Quote from: ngusmin on August 11, 2018, 12:27:52 PM

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.

Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

Yes, we can literally just check "economics speculation" part of bitcointalk to see if its a bull market or a bear market without even knowing the prices. I can just get here any day of the week and just read the topic names and assume if we are in a bull market or bear market.

When bitcoin was going to $5.8k levels a month ago there was topics like "bitcoin will be $2k by the end of world cup" which it wasn't, it went to $8k. When it was $8k there was topics like "will bitcoin be $50k by the end of the year", well it still could be I can't say anything to that but we saw the price go down to 6k after that topic. Now we see 6k and the topic is "game over for bitcoin?". By the track record of this section in bitcointalk, I am assuming we are going to $10k Cheesy

.

Ronyx

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Bitcoin hasn't lost its value and fell at zero, and I don't think bitcoin is over. I did not think of interpreting this decline as a bitcoin death, and I would not sell low. I believe in bitcoin and I will keep holding, even though many of them say bitcoin will die.

gabmen

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Quote from: giarised on August 15, 2018, 01:17:19 AM

Quote from: ngusmin on August 11, 2018, 12:27:52 PM

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.

Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

Well there are people who are against btc from the very beginning and these people are likely the ones blabbering about btc ending or losing value. We all know btc's potential and how it will spearhead a crypto revolution in the years to come.

giarised

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Quote from: ngusmin on August 11, 2018, 12:27:52 PM

No, I don't think bitcoin is game over, I just think of this as a time to take a break from the game. I still believe bitcoin will be able to bounce back and provide benefits.

Come on! We should not think like this irrelevant stuff for Bitcoin’s ending. It has high potential and strength that can achieve any target but the problem is people think and make decision for its end after noticing any decrease or decline in value. Making decision like this can not come true and such thinkers have got the answer many times in past by observing deadly recoveries of Bitcoin and now situations have become more stable.

wuvdoll

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Quote from: withlove99 on August 12, 2018, 07:52:35 AM

Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

Although bitcoin price has down quite a lot and is losing investor trust, but I find the current price is still quite high compared to many years ago, after a period of hot growth, price reduction is inevitable. Of course, I still believe in the future of bitcoin

Price movement is repeated price movement and we see that it has been increasing and then results in downfall so the only major reason for this alteration is the repeating and ignorant actions of users. We see that they sell directly after encountering any little increase in price and then they sell for little profit that does not let the price go higher and it seems funny that they still hope for better future, they should change their actions.

The game of being pessimistic of bitcoin prices is seeming got over now but the real game of having big value will never get over. Yes, bitcoin will definitely have big value in coming months. Strong holding around $6000 levels is the rock-solid confirmation for that. We may have up trend from the September month onward.

Caladonian

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Just like what you mention OP, ETF decision was delayed so it's not over yet, this current situations are just normal between real investors and those who are just here thinking that BTC investment is an easy way to become rich, it's just another fud and non believer who will panic and think that way, but those who knows how to play good will keep buying and holding as bounce back and being rise high again is always possible.

kodtycoon

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Quote from: filipwx on August 11, 2018, 02:50:48 AM

It seems that after the news that the U.S. Securities and Exchange Commission (SEC) delayed a long-awaited decision on a proposed bitcoin exchange-traded fund (ETF), Bitcoin is keeping loosing value in eyes of investors. The probabiliby that we will face even large losses in the near future is high.
Do you think it's a GAME OVER?

It is possible that game over is only temporary because ETFs have weaknesses against negative issues that occur that make it crash. The investor also has no power for this and is likely to lose value.

goldkingcoiner

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Quote from: samson on August 11, 2018, 04:25:28 AM

There will be European ETFs before the US catches up.

Once they see all the money leaving the country they will act.

Exactly! And to be honest, if they were so sure of rejecting ETF they would have done so without so much deliberation. Now I am sure the acceptance of bitcoin will drive its price up beyond anything we have seen before. Only a matter of time.

ApocalypseNow

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The ETF is not over and it's just delayed again. And also we don't to rely too much on that decision because bitcoin can manage to blow up just by itself just like what happened last December. I know that it would be a good news but it is not really game over for bitcoin. This has happened in the last years.

Topic: GAME OVER for Bitcoin? (Read 431 times)