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Topic: Let me be clear to you, this is not a Bear Martket! - page 3. (Read 780 times)

full member
Activity: 686
Merit: 104
and worse, the cycle occurs repeatedly. people sell the bitcoin they have to buyers, and buyers then sell it again in the same market, so basically bitcoin doesn't move far and this makes it very difficult to grow. there should be a certain company or agency that accepts bitcoin as a payment tool so that there is a transfer of bitcoin flow.
sr. member
Activity: 1470
Merit: 325
I am a little bit confused about what his say because although we are in the bear market, the price does not stay at the lower price but the price still moving up and down and I don't think that the price will be sideways in one level price. I won't say it's bear or bull, but I'd better say that the market is making good progress and the best news is the market still alive, and it shows by the changing of the price in many times.
well to me this forum feels today quite different to the past, once it was a hey look we made money bring your savings and buy it

towards

how the hell can we survive.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I am a little bit confused about what his say because although we are in the bear market, the price does not stay at the lower price but the price still moving up and down and I don't think that the price will be sideways in one level price. I won't say it's bear or bull, but I'd better say that the market is making good progress and the best news is the market still alive, and it shows by the changing of the price in many times.
sr. member
Activity: 1470
Merit: 325
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
sr. member
Activity: 1470
Merit: 325
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?
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
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.
sr. member
Activity: 1470
Merit: 325
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: HuhHuh

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.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag


Bear Market or not, certainly there is a huge difference between the price today than the price of coins 12 months ago. Calling it a bear market or not doesn't matter. People lose their money due to this liquidity and everyone seem to panic. There is more to educate about the technology than letting them know its not just about profit.
member
Activity: 560
Merit: 17
for all outsiders that enter this,

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


What the hell are you talking about, this is ridiculous .
How can you deny the fact that we are in bear market, you can rationalize and look for explanations why this is happening , it will not make btc go up.
member
Activity: 574
Merit: 12
if all you said is true, then how do you explain the situation in the bitcoin price which rose and fell several times in the past. was it same push by bitcoin creators?
copper member
Activity: 140
Merit: 3
I am guessing he means the founders of bitcoin cash are the ones that ruined the bitcoin prices. Bitcoin itself was doing perfectly well having a record breaking amount of stability, even an ETF was looking good until this happened
member
Activity: 858
Merit: 13
Christ The King
With due respect, I don't believe your analysis as the community determine the growth and usage of bitcoin and not some creator trying to push it up and get stuck. Well, bitcoin will soon rise and beat all imagination, this bear is just a time bomb, waiting to overtake the fearful sellers.
sr. member
Activity: 1624
Merit: 250
You should not look as an investment. And when it was created, I do not think it was priced and they thought they could managed it as they wish (if you think logically, it is easier to do it with paper money). These are unnecessary controversies and majority can be belonged to anything that be able to be traded.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
Miners are firing staff and closing up left and right as for costs to maintain the network exceed the market price of BTC.
In the past history, the miners still had a little profit wiggle room.
Now they are all losing money and have been for ~year.
Too many miners drop off and BTC either becomes ripe for a 51% attack
or
network stalls for months until the few miners that remain wait for the difficulty to drop.

Either way the price of BTC will crash.  Tongue

I've heard this quite a lot in 2015. Some were preaching the same sad story. And indeed, some miners did close their businesses. And guess what? Bitcoin didn't die off, instead its price started to rise faster and faster.

You have to look at the technology, you have to look at the development, you have to look at the (increasing) number of businesses using Bitcoin as means of payment or just simply exchange it, you have to look at the number of people that knows about Bitcoin or own some. And the story will start to look intriguing: the things look so good and still the price trend looks this bad.
member
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
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: HuhHuh

The stat says we are having steady progress.


Stats show a Bear Market from 2014 thru 2017.
So if history does repeat itself.

Jan 2018: 14,166$
Jan 2019:   3,499
Jan 2020:   4,159

Next Bull Run Jan 2021.
If BTC is still around.

* Problem is this ,
Miners are firing staff and closing up left and right as for costs to maintain the network exceed the market price of BTC.
In the past history, the miners still had a little profit wiggle room.
Now they are all losing money and have been for ~year.
Too many miners drop off and BTC either becomes ripe for a 51% attack
or
network stalls for months until the few miners that remain wait for the difficulty to drop.

Either way the price of BTC will crash.  Tongue
Don't really see BTC surviving until 2021, not as it is currently coded anyway.
If BTC does not evolve , BTC will die.      PoW is a Failed experiment of a winner take all design, which makes everyone a loser.


 Cool
legendary
Activity: 3080
Merit: 1500

there is still a way for cryptoindustry but not this way.

I am all ears!


This can only be propagated by merchants and retail stores, both on and offline. Bitcoin circulation os spread among various countries. But it's not a readily available payment option when looking to make purchases. Except for some online services.

Volatility is one of the reasons it isn't yet accepted globally. And adoption is needed to reduce volatility

Wrong! It can be propagated only by the governments and no one else. If a government is crypto friendly and provides a framework for crypto circulation within their country, more retailers and stores will show interest in accepting cryptos as a method of payment. Like what happened to Japan, Germany and Malta.

On the other hand, if a particular government is not crypto friendly, they will start taking punitive measures against the crypto users. Like Canada and India. Both of these countries have ordered banking ban for crypto users and related businesses. So nothing is in the hand of common mass or merchant community unless the government itself takes step forward!
hero member
Activity: 1022
Merit: 500
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.

There is only one name associated with the creation of bitcoin and that is, Satoshi Nakamoto. And he has never been identified.
He reputedly own a lot of bitcoins and could manipulate the value, but it is very unlikely that happened.

The bear market is used in relation with previous peak. It may have been unsustainable at that time, but the asset has shown the ability to climb to such highs. And it's now down about 79%

I just wondered that why until now Satoshi Nakamoto was still never been identified? If I am going to look at it, He/she doesn't care whether the market is bearish or bullish. Just all I know was that we are able to gain bitcoin or altcoins even if it is bearish or not that's the truth reality things happened here in this field business.
legendary
Activity: 2464
Merit: 3878
Hire Bitcointalk Camp. Manager @ r7promotions.com
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: HuhHuh

The stat says we are having steady progress.
legendary
Activity: 2184
Merit: 1302
There is no need spilling wrong informations,its a bear market today for the bitcoin,and that is not in doubt,whatever theories you bring out to back up your claim,does not still change the fact that the market is in a state of decline which ultimately means the market is bearish.
Can you give us a little proof as of your claim of "bitcoin founders" having an effect on the price of the bitcoin,i wonder who this founders really are
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
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
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