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Topic: I have NEVER seen Bitcoin in such a sorry state as this!! - page 4. (Read 1763 times)

member
Activity: 205
Merit: 10
I think that this is just temporary and it will be like this for a few months more, and it will never happen again unless that we see another  x2 in a short period
jr. member
Activity: 518
Merit: 1
Bitcoin and the other altcoins are paying a high price for the uncertainties about the regulations that are to come. As long as there is no conclusion as to what kind of regulations should be created, the market will stand in this impasse and falls will predominate
newbie
Activity: 294
Merit: 0

Let's hope that in the near future everything will change. Although this was a declining fall, we must be patient and wait for the right moment
legendary
Activity: 1596
Merit: 1026
Everything has its UPS and downs.
This is a very bad down.  Too low for too long.  I think it might be over now.
jr. member
Activity: 140
Merit: 1
Everything has its UPS and downs. I think that with such a decrease will be a big rise, as many States are beginning to legalize the cryptocurrency and bitcoin. Therefore, do not have a pessimistic attitude.
jr. member
Activity: 66
Merit: 1
there will be improvements in its working, for instance, lightning network. This will improve the usage and reduce costs over time. So changes will come as improvements will be needed for the betterment of the community.
member
Activity: 588
Merit: 18
Bitcoin has been leading crypto currency in many ways towards the industry, the market keep fluctuating bitcoin up and down, way the current price has fall below the limit, i think is one advantage to take by invest more towards the industry.
newbie
Activity: 322
Merit: 0
Guys, you want too much! Look at the price of bitcoin a year ago, do you really think that it should grow without stopping? He has grown quite a lot in a year and this will not be his last price.
jr. member
Activity: 667
Merit: 1
I would say everyone has a choice to make and as regards this issue of bitcoin network, I believe things will change for the good. All I see is some cabal of people trying to shield people away from investing into Bitcoin or holding. Everyone will be responsible for their choices. 
member
Activity: 868
Merit: 16
I think bitcoin will be the biggest bubble in history. bitcoin has penetrated 10,000 US dollars and will not be long valuation and bitcoin prices will strengthen. bitcoin value also had penetrated 20,000 US dollars per unit. Nevertheless, the value of bitcoin also had dropped sharply in just an instant ...
this is a question for us, this bitcoin moves fast enough and uncontrollable ..
I do not think that you will say 'the biggest bubble' because if you say something like that you indirectly you have thought bitcoin will not have a high price anymore. Bubble has a negative impression in the economic sphere, bubble is something that everyone should avoid. And I'm not sure of it, bitcoin still has a great chance to have a high price compared to last year, I will absorb what the experts say.
newbie
Activity: 160
Merit: 0
This is a reflection of the normal market, and I think it was due to a rapid rise in bitcoin last year, and many people were in the market when they got huge profits. It took a long process to get bitcoin to return to the price.
hero member
Activity: 1246
Merit: 529
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I think bitcoin will be the biggest bubble in history. bitcoin has penetrated 10,000 US dollars and will not be long valuation and bitcoin prices will strengthen. bitcoin value also had penetrated 20,000 US dollars per unit. Nevertheless, the value of bitcoin also had dropped sharply in just an instant ...
this is a question for us, this bitcoin moves fast enough and uncontrollable ..

Well I think all this gloomy ruckus and speculation is caused by the massive 20k run last december which nobody expected but many thought to continue. Let's all accept that what happened then was unnatural for btc and what's happenning now is kind of a continuation from the time before that big pump. I don't think long time bitcoin holders are selling out here since we've seen declines in this magnitude in the past.
full member
Activity: 336
Merit: 100
I think bitcoin will be the biggest bubble in history. bitcoin has penetrated 10,000 US dollars and will not be long valuation and bitcoin prices will strengthen. bitcoin value also had penetrated 20,000 US dollars per unit. Nevertheless, the value of bitcoin also had dropped sharply in just an instant ...
this is a question for us, this bitcoin moves fast enough and uncontrollable ..
member
Activity: 336
Merit: 14
Bitcoin at $6,450 as I write this comment isn’t that bad. Nothing irregular in a volatile market. No need to resort to panic selling.
hero member
Activity: 2870
Merit: 594
I agree with your post! There are many problems to solve since Bitcoin will be aligible for a really mass global instrument like fiat currency or company shares or bonds...

I don't think that you understand why Bitcoin was created in the first place. Satoshi envisioned it as a payment platform without involving third party. So if you think that it should be considered as company shares or bond then you are wrong with your assumptions.

I hope Bitcoin will rescue from this current state... Price decline everyday. the problem is also cause by a great concentration of wealth in few hands (whales) they can manipulate the price trend as they want..... this is a huge mistake too... Bitcoin can't be a worldwide currency... Decentralization should also be in the possession of weath not only in the creation of the currency!! Nakamoto did a great work in creating this awesome technology. But for build a better world we must find equilibriums... If you know what I mean.


We have been hearing about this whales and manipulations. But since this is decentralize, meaning without any central authority to overlook, chances are whales will continue their fraudulent act so we must accept it. I don't know what equilibriums are you saying here, but this market is based on pure speculation so I doubt that we can find any.
newbie
Activity: 32
Merit: 0
I agree with your post! There are many problems to solve since Bitcoin will be aligible for a really mass global instrument like fiat currency or company shares or bonds...
I hope Bitcoin will rescue from this current state... Price decline everyday. the problem is also cause by a great concentration of wealth in few hands (whales) they can manipulate the price trend as they want..... this is a huge mistake too... Bitcoin can't be a worldwide currency... Decentralization should also be in the possession of weath not only in the creation of the currency!! Nakamoto did a great work in creating this awesome technology. But for build a better world we must find equilibriums... If you know what I mean.
sr. member
Activity: 812
Merit: 250
All bitcoins are better than normal currencies. Functionally does not work at all and needs more work at the time of confirmation and transaction costs. Cool
Well there's always a first time and bitcoin's situation right now might be new to us. There were moments that bitcoin has been down but not like this. With its struggle maybe we may lose hope but looking at the bright picture I can say that bitcoin can overcome this just like in the past. It may be really down but hope is stil there.
newbie
Activity: 58
Merit: 0
I think bitcoin have less investors that causes the price to drop down. In this case more and more altcoins are spreading which people will have many choices and will be divided.
newbie
Activity: 126
Merit: 0
Well i guess the network was not ready for the surge of investors. I think a major development to its technology should be done to be able to support its growing investors.
sr. member
Activity: 434
Merit: 252
Now I want to ask why bitcoin is in a miserable state?
Adam Back, 1MegGreg, Blockstream, Lightning, SegWit.  They ruined it for good.  Lots of people knew this would spell the end of Bitcoin two years ago.  You probably should have listened closer when Mike Hearn rage quit.  He pretty much told it like it is.  Shit would hit the fan - then it did. 

Bye bye Bitcoin. 

At least we still have the real bitcoin: Bitcoin Cash.
I think you're exaggerating. Bitcoin is still alive. I don't see any big problems. The price of bitcoin is still in the black when compared to last year. I don't trust BCH. Bitcoin has come under the influence of whales this year and we see problems. BCH is initially under the influence of miners.
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