Let me be clear to you, this is not a Bear Martket! - page 2.

AB de Royse777

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Quote from: KingScorpio on December 25, 2018, 07:32:28 PM

Quote from: AB de Royse777 on December 25, 2018, 11:52:00 AM

Bitcoin price now (December 2018) is: $3,742

Jan 2011: 0.30$
Jan 2012: 4.99$
Jan 2013: 14.00$
Jan 2014: 747.00$
Jan 2015: 317.00$
Jan 2016: 432.00$
Jan 2017: 998.00$
Jan 2018: 14,166$
Jan 2019: Huh

The stat says we are having steady progress.

well first time there was a collapse in price. bitcoins growth story obviously ended. i think this is a support loss spiral,

entire world wants to create money and find idiots doing something for it. not just nakamoto, and these forum members here.

Excuse me, what makes you so sure? Are you the guy from the future LOL. What are you doing in the forum in the first place :-P

btcmaker21

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Well tell us why bitcoin survived 2013 and why its so much different NOW, yea we hit 500-20k instead of 100 to 1100 once, and? longterm upward movement is still clearly there you can fud like this if we fall under 1k again

Bitcoin investors who have been some time around just wait for sign of live ( like breaking some support lines which indicates upward movement ( specially with high swings because of FOMO..), once the train started again they all hop in again.. specially if we have like once doubled and so on and bitcoin reaches the news again for example..)

Bitcoin have those huge swings because people are unsure what will happen but it doesnt matter if -/+ 80% or -/+ 5% like in stocks it just needs to happen or it would be a "superbubble" ( in my opinion )

Distinctin

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No dream is too big and no dreamer is too small

Quote from: Kakmakr on December 26, 2018, 02:12:26 AM

Spoken like a true shill. Roll Eyes

Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. Grin

The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. Grin

The development is steady but the price is growing down, last year, price is not really an effect of development but the effect of FOMO.
I believe this year was really a bear market, bitcoin will not die because it has been declared dead many times, yet, it's still making a big come back from time to time, breaking it's ATH.

KingScorpio

sr. member

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i think without attracting new investors bitcoin is doomed due to default passive capital loss, comming from various issues.

1. loss in investor confidence
2. electricity bills of miners.
3. negative trade ins due to unpopularity in usage as payment method.
-> slow
-> ressource costs
-> transaction costs

support loss spiral is not equal to "bear market"

although it doesnt matter what i say, bitcoinfounders will continue to spread the "bear market" myth if they would

100% know that it is not a bearmarket but as i suspect a support loss spiral

keanne_isaac

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I value your personal views but for me current marker condition was the correction effect of bitcoin price last year where we see huge price surge and every one are jumping in the crypto market hoping their money would be double or trippled but that was not been happening comes thing worst price drop significantly and new investors are losing money

Dreamace7

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Well you have a nice postulation as to what's affecting the price drop of bitcoin but we have had so many already and that's not what is wanted and the moment
In my own opinion there should be more of possible solution suggestions

BitcoinHodler

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HODLing is an art, not just a word...

Quote from: Kakmakr on December 26, 2018, 02:12:26 AM

Spoken like a true shill. Roll Eyes

Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. Grin

The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. Grin

he is no longer negative about bitcoin, he is now purely bullshitting about bitcoin Cheesy

and that surprises me because in this forum it seems like people don't look good at spammers but at the same time people like OP get away with spamming a couple of new topics repeating the same thing every day!!!

Kakmakr

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Spoken like a true shill. Roll Eyes

Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. Grin

The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. Grin

btcmaker21

member

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Was quiet some time not active but this guy got me going again

So a Sr.Member wants to tell us Bitcoin is in the "Support Loss Spiral" ... Same as 2013 and the drops before huh? ( beside that "(temporary) Support loss spiral" is just another definition of "bear market" )

and at the same time supporting other Cryptos? (Waves for example) while all coins acts nearly just "as a whole"

Thats Non Sense !

I Also think someone just want to spread FUD (in a very bad/cheap way)

See ya guys at 50k

Support didnt started yet just a normal market reaction, huge wins, huge losses but in the end all ok
Lets see how it goes if people realize its not a "Support loss spiral" ... FOMO incoming and even more people will come because we are still alive with another bull run .. and this guy will be probably still here and jumping on the train too again ..

MAKE YOUR OWN RESEARCH

EDIT: AND you should be exceptional careful with those "experts" who sound like they 100% know whats going on, like me and this guy... Tongue

but just one can be right, right ?

KingScorpio

sr. member

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Quote from: pooya87 on December 25, 2018, 10:57:33 PM

Quote from: mk4 on December 25, 2018, 09:33:44 PM

Quote from: KingScorpio on December 25, 2018, 09:02:26 PM

oh noooo

vitalik attacks bitcoin

https://twitter.com/VitalikButerin/status/1077548790272405504

"I don't believe in proof of work!"

what you gonna do now?

hate vitalik like you hate me in this forum?

So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else.

they are just trying to revive ethereum which has been having one problem after another in addition to wanting to regain their 100% control over the network as they feel threatened by miners and the way they can take the control they had from them, specially with ETH ASICs now starting to become a thing.

as for OP, he is just using "buzzwords" in an attempt to create what he thinks is FUD...

i dont care about ethereum i dont even use it, i like waves much more, especially because its not overrun by speculants, (its speed and security are here a plus)

i dont think encription plattforms will be significant in the long run, like they are currently.

KingScorpio

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Quote from: mk4 on December 25, 2018, 10:20:41 PM

Quote from: KingScorpio on December 25, 2018, 09:40:04 PM

my oppinion was clearly no bearmarket but -> support loss spiral

And that's not even an opinion. I'm not going to disagree on the "death spiral" part, but bitcoin not being in a bear market is just factually wrong. Check my previous reply, in case you didn't notice it or if you purposely ignored it:

Quote from: mk4 on December 25, 2018, 11:31:58 AM

Before making such claims that the markets aren't in a "bear martket", probably take a few minutes to search on what a bear market actually is. It just shows how unwilling you are to double check or verify your "facts".

"a market in which securities or commodities are persistently declining in value" - Merriam-Webster[1]

So whatever the reason is on why bitcoin is dropping in price, may it be because of the "bitcoin founders"(whoever you're referring to) pumping the price, may it be because of Putin, may it be because of aliens or something, bitcoin is in a bear market. And that is a FACT.

Also, in behalf of the level-headed people here on bitcointalk, stop it with your baseless conspiracy theories. Thanks

[1] https://www.merriam-webster.com/dictionary/bear%20market

that is all with the assumption that you are a legitimate institution in a static market and not a group that executed a stealthy attentionhack.
from that perspective the "bear market" part is questionable. as the support for that hack will diminish.

but we dont have to be in a conflict here we will see anyway.

pooya87

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Quote from: mk4 on December 25, 2018, 09:33:44 PM

Quote from: KingScorpio on December 25, 2018, 09:02:26 PM

oh noooo

vitalik attacks bitcoin

https://twitter.com/VitalikButerin/status/1077548790272405504

"I don't believe in proof of work!"

what you gonna do now?

hate vitalik like you hate me in this forum?

So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else.

they are just trying to revive ethereum which has been having one problem after another in addition to wanting to regain their 100% control over the network as they feel threatened by miners and the way they can take the control they had from them, specially with ETH ASICs now starting to become a thing.

as for OP, he is just using "buzzwords" in an attempt to create what he thinks is FUD...

mk4

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Quote from: KingScorpio on December 25, 2018, 09:40:04 PM

my oppinion was clearly no bearmarket but -> support loss spiral

And that's not even an opinion. I'm not going to disagree on the "death spiral" part, but bitcoin not being in a bear market is just factually wrong. Check my previous reply, in case you didn't notice it or if you purposely ignored it:

Quote from: mk4 on December 25, 2018, 11:31:58 AM

Before making such claims that the markets aren't in a "bear martket", probably take a few minutes to search on what a bear market actually is. It just shows how unwilling you are to double check or verify your "facts".

"a market in which securities or commodities are persistently declining in value" - Merriam-Webster[1]

So whatever the reason is on why bitcoin is dropping in price, may it be because of the "bitcoin founders"(whoever you're referring to) pumping the price, may it be because of Putin, may it be because of aliens or something, bitcoin is in a bear market. And that is a FACT.

Also, in behalf of the level-headed people here on bitcointalk, stop it with your baseless conspiracy theories. Thanks

[1] https://www.merriam-webster.com/dictionary/bear%20market

hulla

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Quote from: KingScorpio on December 25, 2018, 06:43:20 AM

for all outsiders that enter this,

you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong.

the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain.

without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin"

this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin.

but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence"

through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value.

the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community".

from a socioeconomic perspective of bitcoins situation

according to logic, you are never in a bearmarket, but in reality in a support loss spiral

regards

You're right with what you said about this current market not to be a bear market but I believed it market correction. Like you said the big whales which you founder manipulated the price of the market by pumping their money into the market and once the price reaches a new ATH the next thing they do is to dump their holding which will lead to them making profit while the new investors are the prey.

imstillthebest

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Quote from: ranman09 on December 25, 2018, 10:03:04 PM

The chart is going down, and it's not just a down it's a huge down, so I won't call it anything but a bear market. Don't worry it should go up soon. Bitcoin nearing a bottom and it won't be there for long because of bitcoin's potential. We just need to be patient.

No mate . the price is starting to recover because as what ive seen , almost all coins that hodl are now all in green and they have rise alot of percentage . with that , i can safely say that this is already a bull ( a partial bull maybe ) .

If you didnt notice what ive noticed , then chances are you are only foccusing on one to two coins .

ranman09

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The chart is going down, and it's not just a down it's a huge down, so I won't call it anything but a bear market. Don't worry it should go up soon. Bitcoin nearing a bottom and it won't be there for long because of bitcoin's potential. We just need to be patient.

KingScorpio

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Quote from: BrewMaster on December 25, 2018, 09:58:28 PM

nobody is forcing your to continue buying and using bitcoin. sell your bitcoins, stop and get out and log out of here too....
oh wait, you won't Grin

i dont think vitalik needs more money, his is already billionaire.

i am fixing the negative consequences of the attention hack you did for me personally and shifting them towards my interests.

BrewMaster

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There is trouble abrewing

Quote from: KingScorpio on December 25, 2018, 09:02:26 PM

vitalik
"I don't believe in proof of work!"

this has nothing to do with bitcoin. he is just trying to make more money by forcing an ethereum hard fork to PoS where he can do nothing and earn profit on the huge amount of premined ether that he owns.

Quote from: KingScorpio on December 25, 2018, 09:03:55 PM

Quote from: BrewMaster on December 25, 2018, 09:01:13 PM

one of the downsides of bitcoin communities have always been the fact that there will be a lot of kids in it who don't understand anything about the market but insist on participating in it. some of them choose the route of nonsense spreading because they think if they do that they can make money by shorting bitcoin or maybe buy more of it when it drops more.

based on what i have seen this type of people is contributing to volatility, not by their nonsense but by their late FOMO purchases and panic sells that feeds the whales.

well you have created a currency whos value is completely just based on the attention it has (attention hack) this way you are forced to live with the negative consequences

nobody is forcing your to continue buying and using bitcoin. sell your bitcoins, stop and get out and log out of here too....
oh wait, you won't Grin

KingScorpio

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Quote from: mk4 on December 25, 2018, 09:33:44 PM

Quote from: KingScorpio on December 25, 2018, 09:02:26 PM

oh noooo

vitalik attacks bitcoin

https://twitter.com/VitalikButerin/status/1077548790272405504

"I don't believe in proof of work!"

what you gonna do now?

hate vitalik like you hate me in this forum?

So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else.

my oppinion was clearly no bearmarket but -> support loss spiral

mk4

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📟 t3rminal.xyz

Quote from: KingScorpio on December 25, 2018, 09:02:26 PM

oh noooo

vitalik attacks bitcoin

https://twitter.com/VitalikButerin/status/1077548790272405504

"I don't believe in proof of work!"

what you gonna do now?

hate vitalik like you hate me in this forum?

So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else.

Topic: Let me be clear to you, this is not a Bear Martket! - page 2. (Read 787 times)