Topic: Let's be honest bitcoin dies if the investors greed is not fulfilled - page 2. (Read 439 times)

you already said it twice: many not all. and it is not that many either. it is some and the rest of the investors know better to fall for this manipulation like an idiot.


this part was the best part so i had to cut it out to laugh at it separately
you can keep on dreaming and bag holding your shitcoin thinking it is "competing" with bitcoin and continue losing money for doing that

I don't agree, I believe the reality for btc in 2018 is far brighter than in 2013. I never thought governments would accept btc as a mode of payment that they recognise and try to work with with quite sensible taxation and regulation. I had thought when crypto reached such a market cap there would be a clamp down hard on it.



 

greed = over hyping, over promising. hiding flaws. and mentioning the 10 minutes event of a ATH as if its a price that everyone gets to reach and grab any time they like

i think whats best is to under promise and reveal the flaws and to mention the lows.
EG
the price of bitcoin did NOT drop below $350 in 2016
the price of bitcoin did NOT drop below $950 in 2017
the price of bitcoin did NOT drop below $6500 in 2018

that way everyone can see the benefit of the price and can actually get something from those prices..
mentioning the $20k one minute event is meaningless

i would sugest people stop screaming out the tip of the purple mountain below, and instead talk about the green fields of stability below


the green line is the LOW's which show where real growth is found on value of where people refuse to sell below

emphasis on CRYPTO.

BTC is not as bright as 2013. sorry but the reality is clear on that. i prefer to be brutal and talk about the reality and then if people are still interested, great. but over hyping something and over promising something actually does not help. as it just makes people think they have been deceived and they then start telling others how its not as described.

i would rather point out the flaws and then if everyone sees them. everyone can help fill them.. than to pretend there are no flaws and have poeople jumping over them and getting tripped up and the flaws never getting filled

The fall in the price of the currency is natural. Even the dollar has inflation. But recently bitcoin has poor statistics. On this you can lose a lot of money

Let's be sensible with countries like japan and germany actually recognising it as a form of payment and other EU countries introducing very reasonable tax rates there is lots of positive movement for crypto. There was always going to be some choked off due to any kind of regulation/taxation.

ICO's are mostly a bunch of failed start ups that couldn't get funding anywhere other than leeching the fomo surrounding crypto.  They have brought the most negativity to this arena above anything else with the bottom suddenly dropping out of them or just being full scams from the outset. Even the most successful ones are simply selling snake oil with higher tps and less security and becoming more centralised. There are a handful of exceptions.

BTC is the prime currency and will remain so. To much real investment behind it now ...eth if its move to pos is a huge success could be a serious contender but since it is so complex will always be open to issues and I think those wanting greater investment security will not move from btc to eth.

It is also good to see some other big players coming in on the miner production like samsung etc

The current wild swings will of course push out some vendors from accepting it right now.... this is a transition phase from the wild west to a regulated system more suitable for institutional investment and widespread adoption.

The big picture for btc and crypto is very bright at this point.

Actually it is far exceeding my expectations regarding governmental acceptance and readiness to work with crypto in most of the developed nations.

Bitcoin won't die, greedy investors only affect the price for a moment is not forever. The main factor that affects the price of the person behind the bitcoin itself. While  new investor keep on appear

unfortunately your statement falls apart. because merchants accepting bitcoin is on the decline. there is an increase of blockchain and DLT investment businesses and an increase of ICO "cough businesses" but the adoption of bitcoins UTILITY is in decline.

this is why bitpay and coinbase are adding support for different coin types as merchant tool services because merchants accepting bitcoin HAS dclined and bitpay/coinbase are having to diversify to try retaining some merchants.

but as you say and the devs say.. "this experiment". which aftr 9 years devs and yourself do not have true solid belief in it to call it a fully fledged consumer ready currency.. dvs still call it a beta test experimnt. which is also a flaw that should have been filled and solidified years ago

P.S i actually have a hoard not touched since 2013. and yes i do detest what the core devs have done to erode the ideolisms/utility/features/benefits of bitcoin. this does not make me a bitcoin hater. it makes me a core hater and a realist. i do not kiss ass and i do not suck up to any devs. i also dont scream out utopian dreams and falsehoods.

Die is a strong word.

I imagine traders are going to want to stay away because it's going to be hard to profit, but holders who have already taken out significant returns are likely to stay and let their money sleep for a while. I wouldn't say stagnancy will kill Bitcoin, but it could very set adoption back, if nothing else. Merchants are willing to accept Bitcoin payments because of the increasing number of holders, so that number dropping could also hold back merchant acceptance. Purists and enthusiasts, of which there are quite a few, won't bat an eyelash to this.

That being said, everyone will be rushing back once Bitcoin is ready for primetime, so I don't mind. Utility that rivals that of Visa, et al., which is the end game, will be the driver to true adoption anyway.

bunch of noobs crashed in hoping for lambos within a few months .... these people have weak hands and are being shaken out hard leaving in some cases with less than 50% of their investment

btc is progressing forward nicely in terms of adoption and acceptance

most alts are over hyped shit that blow up tps numbers whilst sacrificing security and becoming more centralised

there are a handful of good alts that will survive long term with btc (most of these are not even in the top 20)

these noobs are easy to manipulate so there are some large swings either way but as more real investors and institutional money enters these will flatten out.

most lose money trading in any other market and the same will be true for the crypto market.... those short periods where everyone is making money together of course can not last. If you are not a pro trader nor long term student of crypto then just stick with btc and risk no more than 20-30% gambling on alts.

the negativity from most people on here is not genuine it is simply because they have very little or zero btc and are understandably upset about this.

Sounds so bad, but anyway that.. of course not really yet make sure that bitcoin is getting helpless, it could be just in some certain place/certain country. Come on.. such statements only make people become hesitant/afraid till weaken of confidence in bitcoin, due anyhow out there still many factors or other things that can affect it becomes higher/climbing. I think support is still there, and it wouldn't die easily.

Unfortunately your statement falls apart, because Bitcoin does not only exist for the main purpose of satisfying speculators. There are a lot of businesses that are generating income from Bitcoin as a payment option for their goods and services and they are fuelling the demand for the coin.

We always see these negative threads when the Bitcoin price decrease, so this is not even strange anymore. We are still positive that speculative trading only takes a small potion of the activity in this technology. Bitcoin businesses and true believers in the technology are the foundations of this experiment. 

Late last year the was a buzz bout bitcoin,which I had predicted would more than double the number of investors to bitcoin..Bt I was wrong,majority of the people out there r sceptical bout the coin.Most governments r calling it a ponzi..this year will be hard on bitcoin holders

In agreement with your argument, investors are willing to invest in Bitcoin, which is mainly the growth value of Bitcoin. Now that Bitcoin is volatile, some people will give up Bitcoin because they have not made a profit.

Many people also allege that bitcoin toying with investors, so many investors are losing money. I do not think the word is worth saying, because it is clear that bitcoin investment is different from ordinary investment, bitcoin investment is not just waiting, but we need a strategy about when to "buy" and when to "sell".

bitcoin shot to fame due to its ideolisms of 2009-2013. but slowly the utility, benefits, purposes of bitcoin that made up those ideolisms has eroded away. it has changed from a ideolistic asset to a risky gamble

think about all the ideologies bitcoin had before 2013
barrierless:-
people could earn bitcoin without a bank account and without ID. via:
   selling goods for bitcoin*(fee war stopped it being used to buy novalty goods/daily life stuff like toilet roll and baked beans)
   runnng a node using their own GPU (ASICS stopped it being earned by normal people)
   going to a store and paying cash and getting it swapped for btc without ID(exchange AMLKYC stoped it)

virtually free/low fee:-
people could get small amounts without worrying about the tx fee
   it used to be better than some developed countries banking system (UK now offers FREE wire transfers same day usually in under 10 minutes)
   there used to be a fee priority formulae and idea's to improve it(core instead removed the fee formulae and left it open to a fee war)
   the fee used to be fractions of a penny (now tx fee is above some developing countries minimum wage)

decentralised:-
people used to have their own nodes that they could make themselves and be allowed to run on the network and make their own proposals for new features and use consensus to decide if the community wanted it
   (now its core controlling the proposals and any node that has a proposal that core have not roadmapped get bilaterally split/REKT to avoid a consensus)
   (its now classed as distributed ledger technology. not decentralised blockchain. even the main paid devs of core have started to admit they prefer DLT buzzword)

a currency cannot be a sustainable store of value(asset) purely for the buzz of store of value. there has to be a reason behind the store of value.
yes fiat is not gold backed. but it is minimum wage and tax backed. EG in america a $10 is about 1 hour 20 minutes of minimum wage, and people see that value of it as that once they are truly asked the dep question about how they value a $10 bank note. in short someone having $10 see's it valued at 1 hour 20 minutes sweat equity

if bitcoin has backed value, its not going to be a store of value. and just becomes a speculative gamble.
i have recently only valued bitcoin based on its mining cost "sewat equity"
same with gold. gold would only be $1 if it only cost $1 to mine an ounce. but because gold costs $1k+ to mine an ounce. and gold has ideolism of curuit boards, jewellery utility. gold has more of a stable, les risky and more sustainable asset AND commodity classification.
bitcoin doesnt have commodity classification and its asset values are eroding. all thats left is its "sweat equity" and greed

with all that said. tulips today still exist. but not at the same prices as a few centuries ago

Yes many investor are invest their high percentage of capital in bitcoin and honestly because we hope for the price increases.
But if many people would try to drop their bitcoin, i think it will not  die, because for me it will still exists but in a lower price.

I actually think of it in the other way, I think that bitcoin can continue to grow as long as there is a demand and that there is a need for it to be there. With bitcoin in place I do believe that some of the greed of the people are not thoroughly satisfied especially if they can see that values of bitcoin can go up even if it has a history of breaking down and volatility. Bitcoin is a very risky game and the more it entices the more it can garner value

Bitcion will not die because there's is an investor who's did not greedy contented of  fair profits and they're looking for many bounty  dependers.