Pages:
Author

Topic: If Bitcoin's price depresses you. This is not a speculation topic (Read 845 times)

legendary
Activity: 2898
Merit: 1823
To all you panic sellers, take a good look at the chart in the OP. Everytime you have doubts on Bitcoin's price, the market, or maybe you are confused, just take a look at that logarithmic chart.

Plus if you see a duck posting bad news of Bitcoin's "eventual crash", mark the date and observe what happens a few days or weeks after the day of his post. Cool
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
The harder we 'beg' people to not panic or to not invest in something so speculative, the harder they will do the opposite. It has been proven with cloud mining for years straight. I lost count on how many members here have been telling people to stay away from cloud mining, and it has literally no effect at all. It's like we're talking to a wall. The same directly applies to people pumping money into investment schemes -- these people are a plague and can't be helped with friendly advice anymore. Maybe that we should encourage them to do it instead of vice versa, maybe that will help since they do the opposite of what we are saying....
I would not call them plagues, but I would rather say they are just some set of people who have refused to learn or so lazy to learn so as to understand that this is a volatile market but the volatility should not be a problem but should instead be an advantage for those who see it as an opportunity to be buying at lower prices with a lot of focus on the future development of bitcoin, most especially in its usage.

Obviously, since all they care about is getting rich overnight, which would be something hard for them to wrap their heads around.
legendary
Activity: 1554
Merit: 1054
All you need to do is look at this chart that was made during the "long bear market" of 2014 and believe. The estimate for 2017 reached its target plus more. I am optimistic it will reach its target for 2021 too. Plus more. Cool

[im g]https://pbs.twimg.com/media/Dgc_RzZV4AE4GIe?format=jpg[/img]
Depressing is another but scare is something speculative. If you put fear into peoples hearts with the price drop than it is only natural that they will cling towards selling because they fear they will lose their money. That is speculation and it is a topic we need to discuss.

If a person opens a topic about how bitcoin is going to zero or something that is not a sensible and logical topic but it is a valid speculation topic that he is scared for his money. Those people are the reason why whales are so rich because whales start a trend on the price movement and scare little fish and those people react by selling and making their lives easier.
full member
Activity: 560
Merit: 101
The graph answered the fears in the mind and hearts of those who got involved in cryptoworld without the lion-heart inside them. The very reason for their fears and panic once they see dips especially long period of bear, and volatility.Instead of focusing on the positive things that cryptos have brought and could do in the coming years, those people are pulling down cryptos like crabs.
legendary
Activity: 2898
Merit: 1823
"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.

Plus keep buying the dip! Cool
If they like they should not, they will still have themselves to blame eventually anyway Grin. What most of them look at is the present, but due to the little knowledge they have about what is at hand, it has clouded them from seeing what it would be like in the future and not just about the price alone, but its usefulness and usage as a currency in the long run.

No, not just as a "currency", but as hard money that's good as a store of value, medium of exchange, and a unit of account.

Quote
Hence, rather than focusing on what is not going to be approved, they should be focusing on how what is going on in Iran, has happened in Zimbabwe and the likes, with people leaving fiat for a safe haven, then, they will know better to chill out.

Or focus on the history of inflation on your own currency. Cool
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.
But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.

Peoole who get depressed are either those who invested without knowing anything or those that lost a lot already in this bear market. There are still a lot of us who are looking well beyond this bear market.
member
Activity: 168
Merit: 10
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.
But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.
full member
Activity: 364
Merit: 100
Blockchain with VTOS energy
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.
full member
Activity: 378
Merit: 100
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.
legendary
Activity: 1442
Merit: 1025
"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.

Plus keep buying the dip! Cool
If they like they should not, they will still have themselves to blame eventually anyway Grin. What most of them look at is the present, but due to the little knowledge they have about what is at hand, it has clouded them from seeing what it would be like in the future and not just about the price alone, but its usefulness and usage as a currency in the long run.

Hence, rather than focusing on what is not going to be approved, they should be focusing on how what is going on in Iran, has happened in Zimbabwe and the likes, with people leaving fiat for a safe haven, then, they will know better to chill out.
legendary
Activity: 2898
Merit: 1823
"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.

Plus keep buying the dip! Cool
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
legendary
Activity: 1232
Merit: 1091
Just in case that price is making you depressed then you should stay away from bitcoin.

The harder we 'beg' people to not panic or to not invest in something so speculative, the harder they will do the opposite. It has been proven with cloud mining for years straight. I lost count on how many members here have been telling people to stay away from cloud mining, and it has literally no effect at all. It's like we're talking to a wall. The same directly applies to people pumping money into investment schemes -- these people are a plague and can't be helped with friendly advice anymore. Maybe that we should encourage them to do it instead of vice versa, maybe that will help since they do the opposite of what we are saying....
newbie
Activity: 240
Merit: 0
I appreciate the chart mate.  Although there are only certain level of  accuracy in predictions. Price depends on the demand on the market which might change along time.  However,  let us continue to keep our faith.  No one knows,  this trend might happened in the succeeding year. Let us us hope for the best.
newbie
Activity: 47
Merit: 0
I also believe that Bitcoin will grow 3-4 times in the next few years. This should happen, because now Bitcoin is becoming very popular, there are more investors and customers.
member
Activity: 252
Merit: 10
All you need to do is look at this chart that was made during the "long bear market" of 2014 and believe. The estimate for 2017 reached its target plus more. I am optimistic it will reach its target for 2021 too. Plus more. Cool




Yes bitcoin is depressing me because the price of bitcoin is very low is like her hard to survive but I don't lost hope I'm still exoecting for the price pump is coming .
full member
Activity: 476
Merit: 100
Yes the graph said it all and it has always been the pattern for any speculative market. The price can never be stable and the market will always react to sentiments and send its reaction phically to the value or price of the coins. In 2018 last quarter there will be rally to bullish market.
full member
Activity: 461
Merit: 101
No,it doesn't depresses me, because from the start I know that the value is changeable it is not stable. For me no need to worry about it as long you know everything, just be patient in waiting and also trust it.
First of allall you need to know the information about the system before getting involve with it. I think that you must know first that bitcoin is volatile so at some point it is really down. Then that must not depressed you because you already know the state of the system. Just in case that price is making you depressed then you should stay away from bitcoin.
sr. member
Activity: 812
Merit: 250
No,it doesn't depresses me, because from the start I know that the value is changeable it is not stable. For me no need to worry about it as long you know everything, just be patient in waiting and also trust it.
If you don't have a strong personality and takes things too serious then you should not be in here. Bitcoin is for a strong human being and you should be used to price volatility. Bitcoin's price will sirely go down at some point so be ready. I think that must not depressed you because it will always come back to its normal form.
legendary
Activity: 1540
Merit: 1016
I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.
Pages:
Jump to: