Topic: Is it Game Over for Bitcoin? - page 32. (Read 48128 times)

 Bitcoin / Bitcoin Discussion / Google trend for BTC is dead is on the rise. Think differently this timeon: Today at 09:25:50 AM

Folks, please remember that every-time google searches increases, something opposite happens. And why not ! ? I will want you to think from the physiology of big investors. Since this is the physiology driven market, please remember any whale investor manipulating the market will not invest when an average Joe is putting a keyword on Google "Bitcoin is the future of currency". The same whale investor will be very happy to invest when average Joe puts a keyword on Google search "Bitcoin is dead". This is how bitcoin has always been and will remain for few more years to come. With experience, I started to quesiton myself what would a whale think in any given situation and realized that my heart was thinking as an average Joe and that thinking was different than what my head told me about what a whale investor might be thinking. Let me clarify below. 


Headine for an article posted on SludgeFeed 4 hours ago says - "Google Searches for Bitcoin Jump to a 8-Month High"

Headine for an article posted on Bitcoinist 1 day ago says - "Google Trends Bitcoin Interest Hits a 6 months High"


Dont forget Googles gets over 2 trillion searches every day (2 trillion is approximate number as per 2018) and hence is a huge market for people to talk about it.  And when market is as big as this, there is a great opportunity for manipulation. Let's see what are these searching saying - positive news or negative news about bitcoin ? I did a small exercise of going to https://trends.google.com myself and entered a search term "bitcoin". below are the results i like to share with you 

10 times more google searches were done on bitcoin in the month of Nov / Dec peak worldwide. When people where searching so much in Nov/ Dec last year, price was expected to fall as per logic. Think from a big investor perspective here ! Think opposite of what an average Joe would thikTop three countries where people are searching the maximum about bitcoin are 1. Australia, Canada, and United States. What does this indicate? There are possible average Joe's from this countries that will put their money in bitcoin ecosystem next and will see this as an opportunity. But will they take the market upwards? No. The same big investors will put their money first and these average Joe's will just get in after they see that market is moving back up.


Next, what do I think about the current bitcoin price and the possible outcomes ? Well, the fear has finally kicked in but it is a good time to enter the market. Although I am not 100% sure that there will be no further downtrend in price, but I can almost confirm that whatever has to happen will happen in next 1 or 2 month before we change the trend and move back upwards again. 1 or 2 months is the maximum I see from this situation. And given the average Joe mentality, you will not be able to pick the lowest point of bitcoin and anyways in the long run it would not matter if you purchased btc at 3,700 usd or 3,100 usd. And hence, i would expect a little stability here and may be a little bit more slide but then there is only one way and that is - UP. So, in order to beat the whale investors this time, you might have to think differently. 

ALways remember to question yourself " what would whale investor do in this situation" and then take a decision.

Please dont be over bitcoin because you're my only hope to get my dreams in life.l really wish to be rich in bitcoin like the former bitcoin rich people created by bitcoin.l know theres a hope after the crash.

It is not game over yet for bitcoin and other cryptos, it is just a time out , the falldown of the market now is just ,a cycle of business wherein things will have to rise and fall, but until bitcoin has life ,its going to be a battle and I believe, sooner or later bitcoin and cryptocurrency market will be recovering from that great fall this year.

The value keeps going down day in and day out. This is traumatic to have witnessed your investment go far below expectations. We are loosing alright, but is it worth for us to call this the end? No, I do not think the game is over. Bitcoin was once less than $100. Price may decline badly but bitcoin won’t just disappear.

this is not the end of bitcoin and game over, bitcoin still remains a coin that is in demand by many people. so this is a utilization of bitcoin to buy in large quantities and hold

Just like any other market, the cryptocurrency market will experience big declines like the current situation. This market is still on its early state, as a proof there are only 24M Bitcoin wallet addresses in total (Reference: blockchain.info), and that does not mean that tere are 24M people who uses bitcoin as one person can have multiple bitcoin addresses.
In the US, 92% of the people have not yet purchased cryptocurrency based on a survey (reference).

The point is there are still more to come for Bitcoin and the crypto space. And in my observation, many traditional markets like Forex and the Stock market experienced great decline this year. It is not yet the end for crypto, this is just a pixel of a bigger picture.

If you place bitcoin in the market for sell, there is a person ready to buy. At any price, someone is buying. Who is that person buying at every time? It can't be game over yet except the person buying is prepared to collapse bitcoin then control the market subsequently. I am just thinking.

I'm so in worries as bitcoin continue to dip lower everyday now but on the other part if bitcoin does dies another giant coin will take the lead so its not something to be so worried about and I'm still smelling price manipulation too ,might be there plan all along

I don't think that it will be the end and it will go down to zero because bitcoin has already established its name in the world of crypto and real fiat also.. Lets say it will go down but I don't think it will go down to zero ! I really believe that this price will go down but not so long it will bounce back.. I think this is just a work of whales for them to manipulate price and make a good money out of it ! Bitcoin has still not reach its end, most of the people say that bitcoin would still be bitcoin in the future and also bitcoin has already died a hundred times but it still bounces back ! ^_^

I think this kind of title makes panic more and more, why does there continue to be panic selling, because there are a lot of FUD who are wandering everywhere and making many people afraid to go back to buying, the result is the price of bitcoin continues to decline..

Then who told you that tether is a stable coin?dont you check market value?Then do it fast so you will find that even this optional coin is dumping just like all cryptocurrency so spare nothing

In regards to the bitcoin ending?Lol this is far from reality because the market capitalization percentage of bitcoin is keep on growing,meaning majority of investors still trust this coin

Awful. I also think people are panicking and trying to sell to cut holes. I think it's time to over

I am really confused right now not because of what is happening but to the things you are saying.

How can you say that "this" kind of Bitcoin is worthless while you can see the price of Bitcoin at the 4-digits. A lot of people or investors still earn good profits out of cryptocurrencies so it is not worthless. Trusting Bitcoin is hard, well it is not really trusted. You don't trust anyone except yourself. You are an investor of a volatile crypto and you trust your asset? You are the one ruining your investment and not Bitcoin. You should not blame Bitcoin having a bad price but you should blame yourself for not making yourself ready to what might happen.

this is very hard to believe and I also don't understand why this kind of bitcoin is worthless anymore and I find it hard to trust this very badly and I've been too confused to think about this we should invest a little bit and slowly

Bitcoin will never die. You need is to trust and be confident that bitcoin never die. Some of people seeing that bitcoin falling they conclude easily and saying bitcoin will die but bitcoin is not the only one who falling but totally entire the market and even the stock market was falling so that don't  conclude easily and trust it will rise again.

Of course not. What we see now is a terrible manipulation, which is now turning into a panic sale. Just keep yourself in hand and don't sell your bitcoins. Remember that such a fall in the course is not the first time and after the fall there will be new price ups. Don't let your fear take hold of your mind.

No it is not
Overstock CEO is not selling his business and moving to crypto space because he is kamikadze.He knows time for crypto is coming

He will build crypto infrastructure for institution and big investors so he knows what will happen in near future
We need to survive that time that is all

Yes, we should keep patience in our minds because this downward trend can be end anytime and can be turned into bull market. Recently, we have been seen a lot of good news about bitcoin on which can help it to become adopted in the community. I also think this time would be a good time to buy and hodl more on which we can have a big possibility to enter at a deep price of it that can help us to earn a huge profit in the future.

I think the current market is not as a result of government or the hacking of most crypto platforms but rather the recent fork that took place and led to the hashrate war. Bitcoin was stable for month before the fork. It was only after this fork that things changes massively.

Who ever is from old knows about bitcoin and cryptocurrency how it is moving, this price downward is expected but their is a strong bullish trend is formed and we will see this in the first quarter of 2019. Till then we have to keep patience, if you have investment then you can buy more and average your buying price.