HAS BITCOIN REALLY STOOD THE TEST OF TIME? - page 4.

xcajun21

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Quote from: Pursuer on August 31, 2018, 08:34:44 AM

what you are calling "negative speculation" has in fact been FUD, misinformation and basically bullshit being spread by mainly those who wanted to buy bitcoin cheaper or short bitcoin while it was going down. otherwise the downtrend has been natural to some point.
also I disagree with saying it was "caused largely by negative news". based on what I have seen, negative news rarely causes a drop, they only intensify a drop. in other words if there were no drop in first place then the news couldn't create it.

The thing about news i noticed, they seem to be partially true. Major news appear when price is at a turning point, almost seems like the news drive the price further then the chart. That why is good to follow the information and pick it out of the trends, because is good to relate to something like the market sentiment imo.

0t3p0t

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Quote from: mensahkkofie on August 28, 2018, 09:02:24 AM

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

I think what you mean on the first line was FUD and of course the never ending battle of emotions. That is why there is uptrend and downtrend because of that thing. But when it comes to stand over the test of time I think yes but the fact is that we are still in the early days and expect a lpt of things that could have happen with Bitcoin in the near future. As long as the community has strong belief and support to it then Bitcoin will still be the king.

CodyAlfaridzi

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Quote from: mensahkkofie on August 28, 2018, 09:02:24 AM

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

So far, yes, and it will always be for so many decades ahead.

The major change in price isn't merely caused by negative news by the media, but because there are some "bad" events happening. Not all price change is caused by fundamental reason though, most of the small change (<10%) recently just kind of randomly happening for no reason but speculation. Market manipulation? Could be, but no one could prove or deny that.

prikitiw

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Quote from: mensahkkofie on August 28, 2018, 09:02:24 AM

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

Of course you have watched bitcoin go through all the difficult phases, like in all the negative news and manipulations aimed at it and as long as there are believers in the technology field and what it offers will continue to survive future attacks.

chocolah29

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Quote from: libert19 on September 26, 2018, 09:32:33 PM

You know, $6k is correct price for Bitcoin. That $20k was pure hype, and hype never lasts much. We are seeing true value now.

That what the others says and besides $6,000 is still higher than the previous value and when we didn't consider the $20k mark and if you bought bitcoin at $1k on January 2017 and still hold your bitcoin up to now, you already profited ×6 of your initial money. With that, did we loss? No.

Stop over thinking things as it will boil you down until your nerves won't function and end up selling in panic. These " negative speculation " will somehow affect the market but it shouldn't affect on how you perceive the market.

Coin_trader

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Yes, Bitcoin already tested by time. Since it's beginning on 2009, it passed thru a lot of events, ups and downs but still, it remains standing. It died a thousand times but it always came back to life.

pixie85

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Quote from: rudox on September 27, 2018, 03:17:42 AM

Bitcoin surviving this year 2018 means that it has come to stay. Since the advent of bitcoin about a decade ago there has never been so much attack on the cryptocurrency like it has been since the beginning of the year 2018. But despite the ganging up against the cryptocurrency it has survived and will continue to be the preferd cryptocurrency and the leader in the market.

The 2018 is not over yet. We don't know if it will survive. We got quite close to not surviving this year with MtGox money almost ending up dumped on the exchanges and Bitcoin bug almost disrupting blockchain. I think that we got lucky this time and the share amount of luck needed reminds us how fragile Bitcoin is.

rudox

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Bitcoin surviving this year 2018 means that it has come to stay. Since the advent of bitcoin about a decade ago there has never been so much attack on the cryptocurrency like it has been since the beginning of the year 2018. But despite the ganging up against the cryptocurrency it has survived and will continue to be the preferd cryptocurrency and the leader in the market.

kesmex

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Quote from: Nanda Dewi277 on September 26, 2018, 10:58:44 PM

Quote from: sehoon on September 26, 2018, 09:46:58 PM

It did for me. Even though there is a lot of negative news around it right now because of the current market situation, a lot of experts still hope that it will go further than it's peek. I don't think that "HAS BITCOIN REALLY STOOD THE TEST OF TIME?" is even a real question. We've seen some things like this years ago so we don't have to lose hope.

it feels difficult for those who buy at high prices in the previous days before the price decline occurs, patience and continue to wait for the price to rise is the right decision so that all the capital that is paid back and can make a profit.

I really agree with you, a situation like this will definitely be difficult to accept for people who buy at high prices at the end of 2017, there is no other way but to wait and hope bitcoin returns to its highest price, because selling it now will make a loss Very large.

Jating

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Quote from: cabron on September 27, 2018, 12:54:03 AM

Crypto has to only stand the delayed ETF and after it whether its approved or not, this will continue to flourish. This forum is writing its origin and will continue to write from its history to its current state. It will stand the test and will beat the bankers and the rothchilds. They will try to keep controlling this new world currency since they can't stop it but the growing numbers of coins is going to prevail so all hail the blockchain

Nah, I don't think that ETF news mattered. We're all getting tired from this news, we might as well totally forgot about them. Besides we're not sure if it can really push the price to the next level as what other news outlet is trying to say. I'm not really sure as well about the "Rothchilds theory" of yours. Grin

I would say that we somewhat go over and pass a lot of test during our young existence. Their will be a lot of test coming along the way, but bitcoin is so resilient that I have no doubt that whatever issues or problems that we are going to face in the future, we will overcame it and become stronger as we go along.

cabron

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Crypto has to only stand the delayed ETF and after it whether its approved or not, this will continue to flourish. This forum is writing its origin and will continue to write from its history to its current state. It will stand the test and will beat the bankers and the rothchilds. They will try to keep controlling this new world currency since they can't stop it but the growing numbers of coins is going to prevail so all hail the blockchain

Keeping Up

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i do believe that what ever is happening with bitcoin right now and in the past is just a normal thing.
everything in this world must undergo trials in order to be proven worthy.
i am happy that bitcoin is experiencing up and even it sometimes it experience downfalls i am still very happy because it only means it poses threat to current financial system that there will always be individuals that will do things to bring it down. Cheesy

jpnl0008

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Yes it has really stood the test of time just despite all the negativity people posed towards bitcoin and all the wrong information that was littered around bitcoin still it had a breakthrough and is now appreciated almost all over the world

anavir

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yes,until this time despite of many flactuation bitcoin still managed to stand and investors still support bitcoin

aizen10

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Quote from: mensahkkofie on August 28, 2018, 09:02:24 AM

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

This thing can see by all newbie, the "negative speculations" youve mentiones but it is not, the price of bitcoin got ups and downs because of some people spreading FUD, bad news, negative mind about bitcoin just to be sure that they can buy bitcoin in cheap price, i mean they do this because of the future expeculation of bitcoin, so they can collect bitcoin as much as they want while weak hands believing them.

Nanda Dewi277

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Quote from: sehoon on September 26, 2018, 09:46:58 PM

It did for me. Even though there is a lot of negative news around it right now because of the current market situation, a lot of experts still hope that it will go further than it's peek. I don't think that "HAS BITCOIN REALLY STOOD THE TEST OF TIME?" is even a real question. We've seen some things like this years ago so we don't have to lose hope.

it feels difficult for those who buy at high prices in the previous days before the price decline occurs, patience and continue to wait for the price to rise is the right decision so that all the capital that is paid back and can make a profit.

sehoon

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It did for me. Even though there is a lot of negative news around it right now because of the current market situation, a lot of experts still hope that it will go further than it's peek. I don't think that "HAS BITCOIN REALLY STOOD THE TEST OF TIME?" is even a real question. We've seen some things like this years ago so we don't have to lose hope.

Wasabi_rus

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libert19

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You know, $6k is correct price for Bitcoin. That $20k was pure hype, and hype never lasts much. We are seeing true value now.

markint

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Quote from: mensahkkofie on August 28, 2018, 09:02:24 AM

For many years, there are has been several misconceptions and negative speculations surrounding the world of crypto, you might have noticed that bitcoin always come up top despite these negative speculations.
The year 2018 has not been different, bitcoin has endured up to this time. There are has been several ups and downs especially concerning the price. The changes in the price were largely caused by negative news such as those in the media circles. In spite of all these problems, bitcoin has seen the light of day as the biggest digital currency in the world. As the year enters the third quarter, all crypto enthusiasts can only hope for the best.

I also believe that bitcoin has managed to get ahead of the most difficult tests, when the banks, the government and the financial system barely knew it and did everything possible to crush it through infusing FUD by all means, but now that bitcoin was able to resist all those attacks with enough solvency, the panorama seems to be clearer for the bitcoin and I am convinced that from now on everything that comes for the bitcoin will be forward and upwards.

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