Topic: Let's be honest bitcoin dies if the investors greed is not fulfilled (Read 439 times)

yepp. People only care about profit, is speculation, not investment. I myself am, and I still have faith in this market.

The moment bitcoin falls below the price they bought it gor greedy people with weak hands lets go of their bitcoin and strong hands gets to buy it. The more these coinns falls to strong hands, the more its gonna make the prkce of bitcoin goes up. If people hold their coins by the time it drops, it helps the bitcoin price. If we sell when it drops, it hurts the price.  i believe that many users now are interested in the technology behind every project and thats why bitcoin will never die,price decreases because of fluctuation and the volatility but it doesnt mean it will stay as this because recovery follows every fall and thats the nature of cryptocurrency

I somehow agree with you. Even when some greedy investors will leave, bitcoin will stay remain because I believe most investors in here are pretty smart. They are knowledgeable enough to know that dumping their bitcoin whereas the situation of it is not good will only bring them a great lost. Also, bitcoin is first created to be a currency not as an investment.

Um...no? I mean:

It's true, that there a lot of heavy players out there with tons of BTC and they can very well manipulate the market. If they are smart, they will not dump all of it.

It's also true, that crypto (not BTC only) is evolving every day, so such people might migrate to these alt-coins and leave their BTC here

What ponzi scheme? BTC distribution will change (which is good), intrinsic value will remain.

Unless everybody and anybody sells their BTC, nothing bad will happen. Not everybody is in the game to make short-term profits

totally agree on that

No it won't die, it'll actually be used for its intended purpose. Everyone forgets that it's first use is as a currency before an investment.

what?yeah theres greedy investors that only wanted a quick profit and dont bother about anything,but i believe that many users now are interested in the technology behind every project and thats why bitcoin will never die,price decreases because of fluctuation and the volatility but it doesnt mean it will stay as this because recovery follows every fall and thats the nature of cryptocurrency

Greedy investors will only push the price of Bitcoin, but there is no progress on the development of Bitcoin, and most investors believe that the price of Bitcoin will keep rising. It is the programmers who really focus on technology, but they need to live. The price of Bitcoin can bring them benefits.

exactly Bitcoin will not die even when left the investors, but Bitcoin will continue to exist and its value will go down.

but I'm sure if Bitcoin is much in use and much in buy, then Bitcoin will rise in its price.

If you call BTC shitcoin, does that mean that the rest of cryptocurrency goes to the same category? It seems to me that you were quite disappointed with the current development of events and the price, based on last year price many were expecting at least 50 000$ by mid this year. Suddenly BTC is become shitcoin&ponzi, but I guess most of buyers above 15 000$ level have a similar opinion as you do.

It is normal that financial system which currently exists trying to discredit BTC and cryptocurrency in general, this is quite a normal occurrence. But what is theft of electricity in China have with BTC, most of miners are moving from there anyway, and electricity consumption consumed by all BTC miners in the world per year is 0.5 % of total electricity consumption, more or less.

no you are wrong bitcoin is a shitcoin, it does nothing, it impoverishes everyone, and it cannot survive without other central currencies, which substance it attacks like a cancer. see electricity theft in china.

No, it will not die what do you see today is only a trial downtrend is normal it will rise again soon anyway just like the other months only patience is what we need, there are trials but there are no failures.

if you say that bitcoin is ponzi, then you are wrong. bitcoin is different from onechain and bitcoin is different from javacoin.

then you should also know that bitcoin often suffers death, then bitcoin gets up again.

bitcoin does not lose value, but bitcoin just needs positive support for high again.

People have been saying this exact same thing since 2011 and there's nothing to indicate that it's true. The cycles are definitely real, but it's a bit silly to invoke the 'ponzi' word. I guess I see what you're saying with 'ponzi high returns', but then you can just apply that to anything with high returns regardless of whether it really qualifies as a ponzi. Which of course Bitcoin does not.

I think you are wrong though. Regulation is essential to prevent manipulation and collusion. The crypto market right now is still wide open to such things and those will need to be addressed especially icos. Regulations have changed because before there were very few regulations specifically for crypto. As more countries set in stone regulations specifically for dealing with crypto there will be more confidence for institutional money to creep in.

Although to be honest if we ever achieved a decentralised trustless arena end to end including decentralised exchanges (which are the weak link right now) you could chop away a lot of regulation. If anything that could be made trustless and decentralised was made so then you could shrink the need for regulation by a huge amount. Of course we are still miles away from this.


 If governments wanted rid they would be bringing in far more extreme tax measures or just outright banning it like some less developed countries have. Of course they would rather have their own centralised blockchains but really they can not compete with a global decentralised blockchain like btc. Decentralised trustless environments are game changers and the efficiency of them is going to increase over time as the kinks are ironed out. The smart countries recognise this and are not going to be left behind.

Of course for now there is a long way to go but all things considered they are going much better than I expected.

I'm not really sure if you expected bitcoin to become mainstream and adopted as an accepted form of currency or mode of payment without regulation or if you are just saying that.

There are indeed flaws but I think things are going rather well for crypto especially btc regarding governmental acceptance and regulation.

I actually like bitbay just as much as btc and like their DDE idea if that took off with decentralised exchanges then we could really start reaching a stage where middle men and regulations are really rolled back.

Regulations are supposed to be there to protect the customer but in a real trustless decentralised environment that is not needed.

From small scale investors to large volume transactions makers have the greed to make a big earning. This is the common nature of the human. Another thing, rather than greed it is good to mention it as trust. Because, the growth has already occurred and once again it is to provide assured growth with time making investors to expect more.

BTC is always risky investment, for sure not at the beginning when price is so low that you can buy 500 BTC for 1$, but even then some people think it's a waste of money. Today situation is a lot different, to buy 1 BTC for ordinary people is generally too expensive, and big investors do not invest their money so easily in something with so high volatility.

I still think that's pretty foolish to bury BTC once more just because price is not 10 000$, but "only" 7400$ today. Bitcoin is still at an early stage, just a 9 years old project, my opinion is that it may take another 9 years that things sit in their place.

I dont think it would die.. Because it has already been use as an exchange or other words as a digital currency..

what your mistaking is that the regulations have not actually changed. government regulations are just ensuring that businesses handling fiat as part of their business get registered as money businesses.

this is rules that have been around for decades.

as for any new changes like the bitlicence.. this has not been a removal of a barrier. it has been creating a barrier not by government but by local area agencies. i guess you dont want to talk about or reveal the number of bitcoin businesses that have stopped serving american/NY customers due to it.

also regulations are not good for users. a regulation is not really a consumer protection.. its not where government polices a business. a rgulation is allowiing a business to operate if the business writes its own policy on how that business will police its own customers. and then charge that business a huge fee for the right to operate and police its customers.

yea yea, you are going to spew nonsense and alot of hype that being "regulated" is like being given a nice shiny gold star that says "we professionals" but in reality its not really worth the paper its printed on

if the government actually cared and were super positive and wanted to do something to help reduce crime and reduce corruption. they would make new consumer protection laws. and then a business with consumer protection insurance and meeting certain consumer quality care standards would get a badge that meant something.

but yea. you will just say anything to hyp something just to try getting the price up.. but not care about the infrustructure, utility/purposes of bitcoin.

again .. if people stopped thinking of the greed of a price rise. and thought about the sustainability and utility/function/purpose. which would then make for a maore stable and healthy long term investment. things would be different.

but all im readiing is hype, hiding flaws hoping it will cause just one more ATH so those already invested can exit with more FIAT than they entered with.
if your only measure of success is hiding flaws in the hopes of hyping a price. then you have the mind of the greedy. which is not sustainable

Well why new investors are in, its all because of the money, of greed. That's who we call the weak hands. The moment bitcoin falls below the price they bought it gor greedy people with weak hands lets go of their bitcoin and strong hands gets to buy it. The more these coinns falls to strong hands, the more its gonna make the prkce of bitcoin goes up. If people hold their coins by the time it drops, it helps the bitcoin price. If we sell when it drops, it hurts the price.