Is it just me or everyone is concerned? - page 2.

tarable

full member

Activity: 1258

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Quote from: newb-dev on September 11, 2018, 09:40:51 AM

Some people are concerned because they are loosing hope. I say it is not time to be concerned. Be ready for a recover because it is coming soon

if I believe, sooner or later bitcoin will soon recover as before. surely it won't be forever like this. especially things like this have made other friends worry. so we don't worry too much.

newb-dev

full member

Activity: 406

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Some people are concerned because they are loosing hope. I say it is not time to be concerned. Be ready for a recover because it is coming soon

bonammeo

jr. member

Activity: 70

Merit: 4

No one can say exactly what the price of bitcoin will be in the future. What you need to do is consult documents, news, ... Although the ratio is 50:50, no risk then how can succeed, right?

people12345

newbie

Activity: 49

Merit: 0

Quote from: amphibian on August 28, 2018, 11:00:18 AM

For quite sometime now I have been secretly praying and hoping that Bitcoin doesn’t rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

We all know that the price of bitcoin is in very low which is not normal in usual price of bitcoin but i do not think that the miners will be not able to supporting bitcoin since their job is to mine a bitcoin. Maybe some of them are affected but they need to do their job without hesitating. So generally, we do not blame the miners in terms on what crisis of bitcoin have faced.

Since bitcoin price is not stable i think we should keep praying until the price will back in normal. Be patience on waiting the right time, always be positive and do not panic.

Allenw

newbie

Activity: 31

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I strongly recommend to all those people who get concern because of the current bitcoin price, bitcoin is volatile and continuously its price changing. You have to need some patience and wait for it then after a certain time later the price of bitcoin will again start to grow.

Maalashna_nn

brand new

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Harlot

hero member

Activity: 1806

Merit: 672

For me when I see BTC or any other cryptocurrencies I am holding is rushing for a break out I know personally that I can take advantage of it as break outs like this one tends to fall down after the lower high which means I can short these cryptocurrencies and collect more on the way downwards. As a trader I cannot really wish for something to move up or down because what is more realistic to do is to always go with what the market is doing and find what is best for you to profit on.

creeps

full member

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Quote from: hadveach on September 01, 2018, 09:54:47 AM

the miner will always survive, and maintain the existence of the crypto world, so that the miner will not stop to get bitcoin by solving every block of transactions.

bitcoin will last under $ 9,000 by the end of this year. and this will be the final value of bitcoin this year.

Miners will always do their job, and for sure even the market dumps hard they will still continue doing that. The price will recover and those miners who stopped mining will come back again maybe because they just need a real life break since the market are still crashing, they will make a big come back for sure.

Malya_alkendy

newbie

Activity: 236

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The price of Bitcoin will not be forever low, and everyone who does Bitcoin mining certainly knows that, so I think they will not stop mining because they cannot meet the needs due to the current price of bitcoin. They certainly have other plans, which surely mine bitcoin continues to run.

Joshercine

newbie

Activity: 75

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I was pretty sure that the price of Bitcoin won't fall below $6.000. It might be a true bottom line for this coin and what is happening right now is a slow but steady beginning for something bigger. At least I hope so.

stayeduptolate

hero member

Activity: 980

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Quote from: amphibian on August 28, 2018, 11:00:18 AM

For quite sometime now I have been secretly praying and hoping that Bitcoin doesn’t rush with this upward trend.
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

We all invest in bitcoin with very hope that we all get a very good profit and we should also keep in mind one thing that bitcoin is a volatile crypto currency and because of which its valuation keeps on flactuation and thus varies according to market demand and supply so everyone just got worried whenever the valuation of bitcoin go low and no only you, everyone who is just investing into bitcoin will get worried when the valuation of bitcoin go down in fear that they might loose their investment but one must keep in mind that bitcoin is a sustainable crypto currency.

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: BrewMaster on August 28, 2018, 11:06:27 AM

if miners can't make ends meet in case of a price drop then they will shut down their miners. but this is not something that happens for all of them. only some miners are affected and as a result only some of them shut down their miners while others continue mining.
and as this happens, difficulty comes down and things go back to normal.

People are obviously confused about mining costs. They think there is some certain cost which is more or less the same for all miners. And it is not the first time when I see this argument emerging. Indeed, we can calculate an average cost but the variance will be such that it won't have any practical importance and significance as a reference point for making any reliable inferences. It is not even about the difficulty adjusting (though the adjustment will inevitably kick in if a lot of miners jump off the ship) as it is about the variance in mining costs as such which, as I suspect, is higher than bitcoin's volatility itself.

As an aside, it is interesting that most people including me and my grandma are deeply confused about almost everything which is not part of their rather narrow field of interest or professional occupation. We all intuitively draw conclusions about some question or another, and it turns out that we are wrong most of the time.

hadveach

full member

Activity: 448

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the miner will always survive, and maintain the existence of the crypto world, so that the miner will not stop to get bitcoin by solving every block of transactions.

bitcoin will last under $ 9,000 by the end of this year. and this will be the final value of bitcoin this year.

ziro cent

newbie

Activity: 238

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I must have to agree that you have raise a very interesting point here, this place is all about finding our information and kowning the update so if you do3have concerned then you will not able to do this things

AliMan

hero member

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Quote from: max1616 on August 31, 2018, 05:57:59 PM

Even if Bitcoin falls below $ 6,000, the number of miners who quit working will not be much..If this happens, the level of difficulty will fall and the stability will be restored..And most of the miners are sure that even if Bitcoin falls, he will rise again.

You are not alone because all of us in here are aware of what is happening. I know how concerned you are because we all feel the same way. We are responsible for what is happening in this systemsystem and the current situation is indeed bothering. Well now that I know that we are all concerned then we must act synchronized.

Ahimoth

sr. member

Activity: 812

Merit: 250

Quote from: max1616 on August 31, 2018, 05:57:59 PM

Even if Bitcoin falls below $ 6,000, the number of miners who quit working will not be much..If this happens, the level of difficulty will fall and the stability will be restored..And most of the miners are sure that even if Bitcoin falls, he will rise again.

We are all concerned on the current situation and we all know what is happening. Don't worry each one of us in here has our own responsibility. I know that some of you are worried right now and maybe some are real sad. But I'm telling you to keep calm and live life as it is. Problems are there to challenge us so let's deal with it.

Barbut

hero member

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Quote from: mairespleet on September 01, 2018, 06:59:03 AM

I am actually very glad that you have raise this topic , I also think that if something is going on the market then ever should concerned about it, it is good think that worried about the place where you are investing your moneys

This topic was suitable for Jqnuary, February and even March when price had bugest downfalls, after that we have stable price that is over 6,000$ and once we even had 9,000$. People can pray, but I don't believe in that things, market is being manipulated by big whales and masses that follow news and falls in panic. Individuals are making money from this fluctuations, you can pray or observe the market and try to make some money too if you can. How can I be concerned about crypto when prices now are much higher then they were when I started? I'm in huge profit already, so why to be concerned I just wait new great year when prices will start to jump up again like crazy.

Albert211994

member

Activity: 148

Merit: 11

Quote from: amphibian on August 28, 2018, 11:00:18 AM

I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.

Difficulty corrects itself when miners leave, so it will still be profitable. And when it is profitable again, miners will return.

Quote from: amphibian on August 28, 2018, 11:00:18 AM

Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!

It looks like it, but always be wary. Bitcoin price can easily be shaken. A little bit of FUD and it falls. A little bit of Hype and it rises. I do not think we have entered a phase where bitcoin price can be really stable for a long time. Not yet.

Wandly

newbie

Activity: 29

Merit: 0

well the answer is yes , we all are as much care about it as you do. and think we all should do it , if we don't think about the place where we are doing our business then it will be very for the authority to developed it alone

mairespleet

newbie

Activity: 56

Merit: 0

I am actually very glad that you have raise this topic , I also think that if something is going on the market then ever should concerned about it, it is good think that worried about the place where you are investing your moneys

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