Pages:
Author

Topic: Just calm the f$%^ down, this is not the end of Bitcoin. (Read 557 times)

hero member
Activity: 991
Merit: 500
People are running for the hills, because they think the sky is falling and this is the end of Crypto currencies.  Roll Eyes

This whole spectacle has started with the FUD that are being spread in mainstream media and the supposed "war" that is happening in the Bitcoin world.

We can thank Roger Ver and Craig Wright for this, because they are the people who are fuelling this BITCOIN CASH war, with the upcoming BITCOIN CASH fork.

The dumb speculators do not know the difference between BITCOIN and BITCOIN CASH , so they see blood on the street and instability, and they start to panic.

There is also confusion about some of the Bitcoin hashing power that might be shifted to support one of the forks and to create a scenario where a specific fork would be sabotaged to enable double spend attacks.  Roll Eyes

All of this is causing massive confusion amongst people , who does not know the difference between Bitcoin and BITCOIN CASH and now the real Bitcoin is suffering because of that.

We will see a correction after the fork, when these idiots realize that the sky is not falling after all.  Roll Eyes

https://www.forbes.com/sites/cbovaird/2018/11/14/what-triggered-bitcoins-sharp-price-plunge/#616be24e1d66
I believe it's funny people mention it, price went to nearly 20k and prices are still very high compared to ever.

Roger ver just went apeshit and craigh wright became crypto famous by bullshitting, the only positive thing I see about bch is that bitcoin is a bit easier to mine, interesting to see what a few whale bags can do.

Also, the fear about a hash bigger than bitcoin's current is there since always, fear used to be towards government's, now we have a bitcoin clone attempting to steal it's hashpower. The probability of someone investing so much money into hashpower to just disrupt the network for a certain amount of time is small since working for the network would probably make them more profits at long term, I think the nodes can reject a miner by mac or ip? might be wrong I has no idea about it.

So when we will have our first not money driven terrorists? Cheesy.

Yes wait and be calm. Patience is one of the important factor in crypto market. As said "Patience is the key to success" applies here also. Wait for few months and see the market will be back with good and positive results. There is some reason where billions have been withdrawn from BTC which makes the fall in value to $5400 but this not shows the end of Bitcoin. Surely it will boost and reach above 10K in next year 2019. I believe there will not be an end for BTC.
jr. member
Activity: 111
Merit: 1
People are running for the hills, because they think the sky is falling and this is the end of Crypto currencies.  Roll Eyes

This whole spectacle has started with the FUD that are being spread in mainstream media and the supposed "war" that is happening in the Bitcoin world.

We can thank Roger Ver and Craig Wright for this, because they are the people who are fuelling this BITCOIN CASH war, with the upcoming BITCOIN CASH fork.

The dumb speculators do not know the difference between BITCOIN and BITCOIN CASH , so they see blood on the street and instability, and they start to panic.

There is also confusion about some of the Bitcoin hashing power that might be shifted to support one of the forks and to create a scenario where a specific fork would be sabotaged to enable double spend attacks.  Roll Eyes

All of this is causing massive confusion amongst people , who does not know the difference between Bitcoin and BITCOIN CASH and now the real Bitcoin is suffering because of that.

We will see a correction after the fork, when these idiots realize that the sky is not falling after all.  Roll Eyes

https://www.forbes.com/sites/cbovaird/2018/11/14/what-triggered-bitcoins-sharp-price-plunge/#616be24e1d66
I believe it's funny people mention it, price went to nearly 20k and prices are still very high compared to ever.

Roger ver just went apeshit and craigh wright became crypto famous by bullshitting, the only positive thing I see about bch is that bitcoin is a bit easier to mine, interesting to see what a few whale bags can do.

Also, the fear about a hash bigger than bitcoin's current is there since always, fear used to be towards government's, now we have a bitcoin clone attempting to steal it's hashpower. The probability of someone investing so much money into hashpower to just disrupt the network for a certain amount of time is small since working for the network would probably make them more profits at long term, I think the nodes can reject a miner by mac or ip? might be wrong I has no idea about it.

So when we will have our first not money driven terrorists? Cheesy.
newbie
Activity: 1
Merit: 0
If anything it gives a strong case for bitcoin cash or whatever the rest of the "bitcoin-insert-here" that will pop up in another few months to change its name, let's face it, it's not bitcoin and thus should not carry its name. if this was any other world company it would have been sued and a cease and desist shoved up its ass a long time ago.

if its going to fork whenever it wants and cause mass upheaval in the press and damage bitcoins price, which in turn will only help the media to throw more mud at it and put off future adopters. I mean no altcoin should be able to hammer the price of bitcoin in the way that it did or get confused in the press. there is enough confusion in the press as it is over bitcoin. Yes, it's all ok us sitting here and hoarding up cheap coins, but its actions like that will only damage bitcoin in the long run and hurt everyone.

This was only a fork of bitcoins rejects, what's going to happen if something more serious goes on? there will be people in the press deliberately using the similar name to try and smear bitcoins reputation. bitcoin evolved to cater to its growing needs and adoption, its former self should die and not have its name carried forward by people that want to change their mind every 6 months or whatever.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Every time when the price goes down the same story repeats, this is getting so boring.
When will people learn that volatility is natural part of Bitcoin and that price corrections don't mean the end of Bitcoin or cryptocurrencies in general. Please get informed yourself before you engage in Bitcoin otherwise the only thing you do to yourself and others is damage.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
Do you have a source for the alleged statement that CW made about this?

haven't you checked WC's twitter Wink
he has been spamming his FUD all over the internet including his twitter account. if you look around in these topics someone posted a screenshot of his tweet repeating his lie about being Satoshi and said he will dump his 1 million BTC and crash bitcoin soon. which is FUD that this manipulation was based upon.
sr. member
Activity: 924
Merit: 281
Trooper Founder & CEO
Oh man! so much people losing last hopes right now...I just hope they don't panic sell in this hole. Hodl people! the market soon will rise!
DO some shopping if you can!
sr. member
Activity: 1022
Merit: 256
I think the market performing poorly is not really due to the fork happening with Bitcoin Cash. It might have added a little to the downward trend for now but it is not the main reason. The bear season is really long and hard. I think this is still a part of it. However, this is nearing its end for sure. December is going to be a beautiful month for all of us Bitcoin hodlers.
hero member
Activity: 1722
Merit: 528
Its so sad that many investors are lack of infomation about cryptocurrency and they seems considering bitcoin and BCH is the same coins. I do think this condition will be only temporary and i hope december we would see a good grow cause Bakkt will coming in 12 December.

And why do you think that it would be the reason of the declining price? Bitcoin's price always decline like that and that is normal since we all know how volatile Bitcoin is, we should be used to it.

It may not be the same movement as last year's but I don't think that it would be the investor confusing an Altcoin to be Bitcoin. Investors are not that dumb to know that and they know a lot/tons of other altcoin that is different to Bitcoin. Bitcoin Cash will never be Bitcoin. They don't lack information and we should not think that they are having a mistake, it is just the movement of the price are based on the demand and all we have to do to earn from this is to do what is best in this situation, to reinvest while it is low.
copper member
Activity: 1050
Merit: 500
I agree with OP, I also believe that the so-called bitcoin cash war was made to FUD Bitcoin.  It is sad that many people cannot differentiate Bitcoin and Bitcoin cash thinking that BTC will end once this so called fork happen.  As usual, capitalist that want to buy at a great discount won't let if they see an opportunity to FUD the market to pass by.  They will make the best out of it and shake weak holders.  This thing keeps happening ever since I entered the cryptocurrency space, and after this dip, we always see a new ATH happen next.  So I guess, there is no need to panic and just hodl until the market recovers.
full member
Activity: 560
Merit: 106
People who cry and are in doubts will be the ones that will lost money, as always happens. Bitcoin will never die, and this is just how a crypto market moves. Don't you remember that 10% volatility in a day was just the normality? What about 30% in a day or so?
sr. member
Activity: 896
Merit: 253
People are running for the hills, because they think the sky is falling and this is the end of Crypto currencies.  Roll Eyes

This whole spectacle has started with the FUD that are being spread in mainstream media and the supposed "war" that is happening in the Bitcoin world.

We can thank Roger Ver and Craig Wright for this, because they are the people who are fuelling this BITCOIN CASH war, with the upcoming BITCOIN CASH fork.

The dumb speculators do not know the difference between BITCOIN and BITCOIN CASH , so they see blood on the street and instability, and they start to panic.

There is also confusion about some of the Bitcoin hashing power that might be shifted to support one of the forks and to create a scenario where a specific fork would be sabotaged to enable double spend attacks.  Roll Eyes

All of this is causing massive confusion amongst people , who does not know the difference between Bitcoin and BITCOIN CASH and now the real Bitcoin is suffering because of that.

We will see a correction after the fork, when these idiots realize that the sky is not falling after all.  Roll Eyes

https://www.forbes.com/sites/cbovaird/2018/11/14/what-triggered-bitcoins-sharp-price-plunge/#616be24e1d66

Of course it is not, it is pretty obvious that big whales really wants people in the market to panic and get out of the market because the new big rally us going to start soon.
full member
Activity: 658
Merit: 152
I heard so many prognoses, no one of which didn't come true actually, that I do not already know what to believe and what not to. Bitcoin will end in any case, the point is only "when? "
full member
Activity: 658
Merit: 112
I think this is the opportunity for the people who never scares about the bitcoin falls. I believe that all of the speculations made from last 3 days just for scare people and provide to the panic sells. If you trading or hodling bitcoin please do not afraid,  we have seen crisis like this one before. Be stable and trust in the bitcoin. The brighter days is not far away..
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Its so sad that many investors are lack of infomation about cryptocurrency and they seems considering bitcoin and BCH is the same coins. I do think this condition will be only temporary and i hope december we would see a good grow cause Bakkt will coming in 12 December.

i seriously doubt that this drop had anything to do with investors confusing an altcoin (BCH) with bitcoin! this was mostly because of manipulation and the fear that started because CSW said he is going to dump 1 million bitcoin which was obviously a lie but the manipulators used it to push the price down.
in fact this can be a good signal for the rise next months since this could be seen as the last attempt at cheaper coins.

Do you have a source for the alleged statement that CW made about this? The guy has a serious God complex and I think someone should take him to court for market manipulation, if this is true.

I still think this has everything to do with Bitcoin Cash, because the uncertainty in the market was triggered a day before the fork in Bitcoin Cash was implemented.   Roll Eyes

Prior to the fork, people also sold some Bitcoin to buy Bitcoin Cash, because they wanted to get some free coins after the fork. This has caused a small drop in the Bitcoin price too.  Angry
legendary
Activity: 3472
Merit: 10611
Its so sad that many investors are lack of infomation about cryptocurrency and they seems considering bitcoin and BCH is the same coins. I do think this condition will be only temporary and i hope december we would see a good grow cause Bakkt will coming in 12 December.

i seriously doubt that this drop had anything to do with investors confusing an altcoin (BCH) with bitcoin! this was mostly because of manipulation and the fear that started because CSW said he is going to dump 1 million bitcoin which was obviously a lie but the manipulators used it to push the price down.
in fact this can be a good signal for the rise next months since this could be seen as the last attempt at cheaper coins.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
People are running for the hills, because they think the sky is falling and this is the end of Crypto currencies.  Roll Eyes

This whole spectacle has started with the FUD that are being spread in mainstream media and the supposed "war" that is happening in the Bitcoin world.

We can thank Roger Ver and Craig Wright for this, because they are the people who are fuelling this BITCOIN CASH war, with the upcoming BITCOIN CASH fork.

The dumb speculators do not know the difference between BITCOIN and BITCOIN CASH , so they see blood on the street and instability, and they start to panic.

There is also confusion about some of the Bitcoin hashing power that might be shifted to support one of the forks and to create a scenario where a specific fork would be sabotaged to enable double spend attacks.  Roll Eyes

All of this is causing massive confusion amongst people , who does not know the difference between Bitcoin and BITCOIN CASH and now the real Bitcoin is suffering because of that.

We will see a correction after the fork, when these idiots realize that the sky is not falling after all.  Roll Eyes

https://www.forbes.com/sites/cbovaird/2018/11/14/what-triggered-bitcoins-sharp-price-plunge/#616be24e1d66
Its so sad that many investors are lack of infomation about cryptocurrency and they seems considering bitcoin and BCH is the same coins. I do think this condition will be only temporary and i hope december we would see a good grow cause Bakkt will coming in 12 December.
sr. member
Activity: 1918
Merit: 370
the price and hashrate have nothing to do with social drama of ver or wright. they dont code. they are just drama

you are wrong. when it comes to bitcoin price everything is about drama. and these days these two people are making the drama so that they can make money out of the chaos that they create.

   Yes, your are right let's calm down.... am just watching the spectacles on the crypto market, yes, everyone in having some panic moves on their investment as a reaction to the Crypto War ? But what can i do about this perceived war? we are all affected by the drops of the crypto market, losses to a lot of investors, the unexpected turn of events now the crypto market experience is not just Crypto war but a fight for the status on the market to the detriment of other investors... I just hope this will be resolved soon and market will correct itself.....Huh
sr. member
Activity: 1638
Merit: 251
Hexhash.xyz
People are running for the hills, because they think the sky is falling and this is the end of Crypto currencies.  Roll Eyes

This whole spectacle has started with the FUD that are being spread in mainstream media and the supposed "war" that is happening in the Bitcoin world.

We can thank Roger Ver and Craig Wright for this, because they are the people who are fuelling this BITCOIN CASH war, with the upcoming BITCOIN CASH fork.

The dumb speculators do not know the difference between BITCOIN and BITCOIN CASH , so they see blood on the street and instability, and they start to panic.

There is also confusion about some of the Bitcoin hashing power that might be shifted to support one of the forks and to create a scenario where a specific fork would be sabotaged to enable double spend attacks.  Roll Eyes

All of this is causing massive confusion amongst people , who does not know the difference between Bitcoin and BITCOIN CASH and now the real Bitcoin is suffering because of that.

We will see a correction after the fork, when these idiots realize that the sky is not falling after all.  Roll Eyes

https://www.forbes.com/sites/cbovaird/2018/11/14/what-triggered-bitcoins-sharp-price-plunge/#616be24e1d66

There are many manipulators in the market of cryptocurrency, that is why the price of cryptocurrency crashing now.
both bitcoin and bitcoin cash are same, they are going to the bottom too.
We will just wasting our time if we start to panic selling our coins now, this market is only temporary, we just need to calm down.
full member
Activity: 686
Merit: 125
We could not blame the investors or contributors for bitcoin with this. After seeing bitcoin market price falling definitely they will do panic selling. This is just normal reaction of the many with having the same way of thinking. So, if bitcoin can recover for this hopefully it will not take too long because for sure it will be a trouble if it will take some time. People will be impatient to wait for comeback and will left forever.
hero member
Activity: 1470
Merit: 655
sometimes you shouldn't expect much out of the community. the big rises have brought in a lot of newbies, most of them kids, who have no understanding of the world let alone a market like bitcoin and the fundamentals of it.

and that is exactly what people like Wright and Ver have been abusing to fill their own pockets. this is indeed DISCOUNT DAY of bitcoin but people won't see it now, instead they are handing over their bitcoins cheap to the whales.
Pages:
Jump to: