GAME OVER for Bitcoin? - page 3. | Bitcointalksearch.org

bitbunnny

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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 Bitcoin is losing the value because that decision is postponed. Such news could influence Bitcoin price but only short term. To my opinion current correction would have happened no matter the SEC decision.
I realy can't understand why people can't learn that Bitcoin is volatile and price fluctuations are normal. And I'm so tired of such dramatic announcements, like "game over", every time when the price goes down.

cellard

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Quote from: Harlot on August 11, 2018, 04:45:14 AM

Why is the ETFs the end game for Bitcoin? I don't think so there is still a lot of things to process on the legislation side, BTC up to know still needs a law outside from the regulations and permissions of the SEC. If you are thinking about it clearly we still have other news to think about and it is not all about the ETF hype. Remember a much more important news for Bitcoin is when it clearly has a law backing it and if all countries have one then institutional investors are the ones who will personally be buying them.

All the noobs that think ETFs and all these other phantom derivative scams that the governments use in order to suppress the price at their own gain (while they stockpile BTC from said noobs hands for the future) are essential for BTC's future need to be weeded out. Once they are all out and only the smart are holding BTC, we will not have these sell offs.

Im starting to believe we may be going back to $2500 ish, this will be a good support line from TA and also psychological perspective in which noobs and mainstream media will say "Bitcoin is dead" all over the place, we need another "Bitcoin is dead" cycle, until then we have a bunch of morons on our team that we do not want to be part for the long term victory.

rainezerr

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Quote from: kendedese on August 11, 2018, 11:09:22 AM

bitcoin will not perish, the possibility of bitcoin prices going down to the price of $ 5900 and after that the price of bitcoin will rise again. the answer to your question is bitcoin won't GAME OVER.

Maybe the price will reach $5900 dollars at its lowest but people will hoard a huge amount of coins when the market dropped so hard and that's how they are going to earn more profit in trading.

Baofeng

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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?

What do you mean game over? The delay might put a lot of negative impact on the price, but it doesn't mean that its the end for bitcoin. Well everyone is expecting that the Bitcoin ETF can bring new investors, but we are not sure of that as well. Bitcoin is like 10 years without any ETF and continue to flourished, and I'm sure that we can continue in the next decade without any ETF. Speculators just put too much hype on those ETF that it created a lot of panic when SEC postponed their decision.

fabiorem

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Game over? Yes... for the nocoiner.

kendedese

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bitcoin will not perish, the possibility of bitcoin prices going down to the price of $ 5900 and after that the price of bitcoin will rise again. the answer to your question is bitcoin won't GAME OVER.

magisterr

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Its just a manipulation on the market. Big players dumping crypto and buying at cheap price. But in this year will be most huge for all time bullrun I think.

DonFacundo

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No bitcoin will not end, bitcoin is still running only the price was down at $6,000. If bitcoin will become zero value tomorrow that we can say game over.

malah

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of course not, bitcoin will not end and game over because the rising and falling prices are normal for the crypto currency so that when prices go down we don't have to worry and panic because bitcoin will definitely survive and recover soon

Ferris419

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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's like the beginning of a new game. The old game for the market has ended. The market goes down is to prepare for a new game coming. Not a game over. ETF, as I thought at first, it would never be accepted. This has happened since 2017 and of course it will continue to repeat

Napole0n

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I believe that bitcoin still has a chance to skyrocket again, when current prices drop then buying is a more profitable option, I'm sure that the future of bitcoin is still brilliant.

ajqjjj

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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?

US is already against in Bitcoin because it is not controlling by USA and it is decentralised platform so total market is escaped in US regulation.
I think this is the starting point of Bitcoin because recently it was popular in entire world so as soon as possible everyone believe the Bitcoin and it will going to moon in future.

Strufmbae

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You will never understand the strategy to what the cryptocurrency is doing right now,? Bitcoin the great deal will never say goodbye to everybody, if that happens all the whales will totally complain and there is a possibilty that there would be a chaos in the blockchain internet.

Febo

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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.

I dont believe Bitcoin can go much under $4000. So we are mostly there already, considering the price and the time. Bitcoin will start recovering in Spring 2019.

Quote from: davis196 on August 11, 2018, 06:49:11 AM

Game Over is only when the bitcoin price becomes ZERO and bitcoin mining stops.

Yes when there are at least 2 people using Bitcoin it works.

koincik

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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 can always be worse, but I suggest you do not lose your hope. Soon everything can be improved.

filipwx

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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.

davis196

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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?

Game Over is only when the bitcoin price becomes ZERO and bitcoin mining stops.
Until then it's too early to give up.Bitcoin exists for only 10 years.This is a really small amount of time.
Blockchain is a technology that is still taking it's first steps.There is so much room for further adoption and improvement.The future of bitcoin doesn't depend on some SEC decision.

crairezx20

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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.

xuan87

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It's not going to game over, many investors already losing a lot of money and they kind of losing hope with Bitcoin, because the bear market seems like not going away from a long time, it's a dangerous situation for Bitcoin, but it's not going to make Bitcoin come to end

BlackPanda

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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?

The news is indeed enough to make a lot of investor attention reduced to Bitcoin. But we must see everything in the long run. The potential of Bitcoin and cryptocurrency is still very large, this market is still very potential because as we know that in the future that digitalization will be a top choice for many people. The accessibility that requires everything to be faster and safer will make cryptocurrency a great choice for many people. No matter how bad news is, but when we continue to believe and continue to use Bitcoin every day, it will help the level of trust in bitcoin. All we have to do is try to convince more people to use Bitcoin. That is what will change the stigma of people's thinking and can change the future of Bitcoin and also the government's view of cryptocurrencies.

Topic: GAME OVER for Bitcoin? - page 3. (Read 431 times)