Is Bitcoin really on it's death bed? - page 2.

Jackl87

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Quote from: Talkincrypto50 on March 30, 2018, 04:42:05 PM

The panic is gaining momentum with the recent dip in Bitcoin. What is really going to happen and how do you feel about it?

Obviously almost no one in here really thinks that bitcoin is dying just because it's price goes down a few percent or maybe even more withing a relatively short amount of time. People that are in the crypto space for a while will know that this has happened dozens of times before and each and every time bitcoin has recovered from that and most of the time even was stronger afterwards in the long run. That being said, of course no one can know if we reach another Bitcoin ATH anytime soon, if ever. I personally think that other projects have just way more usability and scalability than Bitcoin has. Of course Bitcoin is still the king for a lot of crypto enthusiasts as it was the project that started all.

Tony116

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Let's look at the past, Bitcoin has never let us down and the future will remain so. Up and down markets are just sustainable market cycles.
We are in the bear market again but don't panic and don't sell your bitcoins make this your rare chance to make full bitcoin in your pocket.
Always believe in Bitcoin we will have huge profits when there is a pump.

deathcode

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Quote from: Blowon on April 20, 2022, 10:59:34 PM

don't be in a hurry to think that bitcoin will not rise, the history of bitcoin has always been against people who think that bitcoin will soon perish, in fact I have found this more than once. I wouldn't go back to assuming that bitcoin would disappear completely if for no very obvious reason, if it's just a sharp decline, maybe we're at the point of a saturation market and a bear market. The thing to do now is to buy it if you believe it is a low price, then trust bitcoins because they will immediately generate huge returns.

That's right if BTC is experiencing a very deep decline we have also seen in the past. and then this year we see how BTC makes pumps again.
if later a severe dump happens I'll buy it and save it to prepare with the pump long-term.
a lot of people talk bad when BTC goes down, but when the market goes up people are silent.

kesmex

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Quote from: Smack That Ace on April 20, 2022, 09:36:45 PM

Quote from: coinsycrip09 on April 20, 2022, 07:49:06 PM

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

There was a time when the price of Bitcoin experienced a really drastic drop in price and that happened in 2018,
but it must be realized that Bitcoin remains a promising asset especially for the long term,
it looks like Bitcoin is going up again and even reaching a new ATH after 2018 experienced a decline

Blowon

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don't be in a hurry to think that bitcoin will not rise, the history of bitcoin has always been against people who think that bitcoin will soon perish, in fact I have found this more than once. I wouldn't go back to assuming that bitcoin would disappear completely if for no very obvious reason, if it's just a sharp decline, maybe we're at the point of a saturation market and a bear market. The thing to do now is to buy it if you believe it is a low price, then trust bitcoins because they will immediately generate huge returns.

Kemarit

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Quote from: Smack That Ace on April 20, 2022, 09:36:45 PM

Quote from: coinsycrip09 on April 20, 2022, 07:49:06 PM

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

Yeah, those are crazy times, from an all time high of $20,000 in December 2017, suddenly the price goes down very hard in 2018-2020, and that's what you call crypto winter for all of us. But for those who have survived it, for sure majority has gain a lot of profits already.

Nevertheless, history repeating itself again this 2022 and this could be the start of another long and grind bearish trend. But we will see, we've survived the previous bearish market, so obviously we can do it again.

Smack That Ace

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Quote from: coinsycrip09 on April 20, 2022, 07:49:06 PM

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

This thread was created in 2018 and 2018 was considered as the worst bitcoin price drop causing many investors to lose faith and leave the market at that time.

Now that I think things are different, fear still creeps into all of us but it's not so great that it makes us sell panic or give up on our goals. Bitcoin has shown that in the long run, it remains the most investable and most profitable asset for those who believe in Bitcoin.

asriloni

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If you're a smart traders and im sure you will be seeing it as an opportunity rather than try to follow the trend to be panic and sell your tokens to the whales. Bitcoin has been facing the death so many times and i think if you were a part of veteran in crypto and you have experienced this so many times. This is just a common thing when bitcoin gets dumped to the bottom. You must not feel worry about that. You can see that if 40k has become the new bottom for bitcoin.
Expecting the recover will come soon.

GreatArkansas

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Quote from: coinsycrip09 on April 20, 2022, 07:49:06 PM

this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.
(....)

In short, they are weak hands, not diamond hands, lol.
For me, this topic is very normal. But we can't force people to believe what Bitcoin will be in the future, it's their own opinion after a short period declined, and they tend to panic.

If you also visit this page: https://99bitcoins.com/bitcoin-obituaries/
Currently, Bitcoin has died 447 times, lol.

goldkingcoiner

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Quote from: Talkincrypto50 on March 30, 2018, 04:42:05 PM

The panic is gaining momentum with the recent dip in Bitcoin. What is really going to happen and how do you feel about it?

Heres the thing, my newcomer friend:

We all panicked when we were newbies and every single dip was scary. And trust me, Bitcoin has had waay scarier dips than this. But Bitcoin has always managed to bounce back and go higher than ever before. So we have learned to control our panic over the years and put solid trust and hardcore faith into our Investment into Bitcoin.

You need not panic, rather than that, we are collectively waiting on the next goal: 100k USD per Bitcoin.

Sure, we might have a scary drop before that, but don't let fear get the better of you. Either you trust your investment or you shouldn't invest.

coinsycrip09

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this is always a very exciting topic to discuss. many people have panicked over bitcoin's decline, and time and time again myself and several others have said there is no need to panic.

this is commonplace, panic does not provide any solution. it will make you lose more and more money.
the point is to be patient, bitcoin is perfect for long-term investments. so you don't need to panic.

JeffBrad12

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I fell nothing for sure. I see that a news about bitcoin ETF gets approved has been making the whales are pumping bitcoin again from the below 40 to the more than 41k again. This means the trend is driving by the news that makes people wanna try to buy bitcoin again. I hope that another ETF application will be approved by regulators and we will see the pullback from bitcoin to jump even higher than 41k. We need more and more big news to drive people to buy bitcoin and altcoins again. If we have no news to come and this may become a disaster for the next weeks.
This time people are eyeing potential bounce back of bitcoin. Just wanna try to tell you if we are almost in the end of the dump.

TelolettOm

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Once again, panic will mean a bad thing. Everything that is started with something panic will just lead you to choose irresponsible decisions, with ego and also uncertainty. A bear market doesn't mean the end of Bitcoin and its death, that's the cycle.
Btw, related to the dumping price of Bitcoin, why should panic? If the bear market will last, at least, we should be careful enough.
We can see that the bear market of Bitcoin has been ever since 2018. But we can pass it as long as we are aware that the cycle will go on.
If now is the starting point of the price dump, just let it be. Sometimes, we need a period like this in order to be ready.
And if we have enough money, why don't we add the asset of Bitcoin again during the bear market, it is better moreover if we are expecting long term investment,

Talkincrypto50

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Quote from: ariscan on April 02, 2018, 09:47:24 AM

do not worry Bitcoin will never die. like a wheel is spinning, now bitcoin position is below. Do not doubt the bitcoin value will soon return to normal.

I would never say never but I agree with you overall.

ariscan

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do not worry Bitcoin will never die. like a wheel is spinning, now bitcoin position is below. Do not doubt the bitcoin value will soon return to normal.

Nikkolodeon

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Bitcoin nearly died before, it even reach $2 price but every time this happens bitcoin always rising up with the new heights, some people regreted selling their coins and not buying more because if they bought bitcoins when it is low thwy would have been a millionaire right now but there is still no guarantee that you will earn, you might also loose.

Talkincrypto50

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Great insite. I love seeing all the diferent opinions.

Mickznet

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It is opportunity to buy bitcoin today because it is down, I vote for this is a great thing happen today. Good or bad happen in bitcoin we have a chance to invest in different way.

mylyn2327

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Absolutely not, bitcoin surpassed this before so no need to worry. There's always a reason behind it, we just need to believe and take this as a good opportunity to buy. Keep calm, bitcoin will not die.

biticotalk

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In the next years bitcoin and etherium will have the greatest impact on the stock exchange, of course, new coins will also appear.

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