Let's be honest bitcoin dies if the investors greed is not fulfilled - page 3.

lizardbtc

full member

Activity: 448

Merit: 109

Quote from: KingScorpio on May 24, 2018, 01:00:37 AM

many investors only invested into bitcoin because they hope for huge value increases, but since bitcoin is now stagnating and even losing in value,

due to the hart competition in the industry,

many will drop bitcoin and cointinue to drop it, because the ponzi scheme high returns at the beginning of bitcoins cannot be delivered anymore.

regards

Of course you will have greedy people, you have them everywhere. Let their hopes to die out. Because honestly it is better to have slower growth than fast one because then we enter bear market because of course price has to correct itself. I think that many people though bitcoin "died out" during 2013 and as we can see it slowly build its place up. I honestly do not think bitcoin will die out that easily as there are people who are mining, run nodes and the ones who are willing to transact no matter the price.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: Jimmy palumbo on May 24, 2018, 02:23:14 AM

So you think when no one is speculating on bitcoin, it's going to die?
I don't subscribe to the view,becaust bitcoin has intrinsic value and should be used for cross-border payments.

of course the problem is "opportunism"

when bitcoin stops generating a hype and a potential run which it is increasingly doing,

bitcoin becomes nothing but a risky asset,

which will make many want to leave it, the hype then will continue to fall.

ahmedbrown

jr. member

Activity: 116

Merit: 1

Bitcoin can never die, not at this stage. What's happened now is a market reversal. Am telling you things will be stable and more investors will come in. A greedy person is not even needed in investment. If you are a greedy time, you are not suppose to even near cryptocurrencies investment. A great investors are those that are patience.

Missterio

newbie

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Every time the market falls, I see similar reports that the market has died and the end of everything Grin

worldsuccess01

newbie

Activity: 119

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Really its possible bitcoin dies if the investors greed is not fulfilled because investors are the one who gives life that bitcoin always rise.

liamnorthcoins

newbie

Activity: 211

Merit: 0

Quote from: KingScorpio on May 24, 2018, 01:00:37 AM

many investors only invested into bitcoin because they hope for huge value increases, but since bitcoin is now stagnating and even losing in value,

due to the hart competition in the industry,

many will drop bitcoin and cointinue to drop it, because the ponzi scheme high returns at the beginning of bitcoins cannot be delivered anymore.

regards

I dont think that greed is the main key ingridient for bitcoins resistance to the fall and dominance in the market. Yes there are many greedy investors but I think there are alot of investors who are just there to be able to produce income for a betted living for their love ones and family.

bitfocus

member

Activity: 532

Merit: 15

NO, if that happens we will get rid of scammers and greedy fools who have no Idea that Bitcoin is actually a currency - people will stop hodling and use Bitcoin more as a currency.

Jimmy palumbo

member

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Merit: 10

The Experience Layer of the Decentralized Internet

So you think when no one is speculating on bitcoin, it's going to die?
I don't subscribe to the view,becaust bitcoin has intrinsic value and should be used for cross-border payments.

Prodigan786

sr. member

Activity: 434

Merit: 250

I do agree its not about investors the huge manipulation is done by whales they are making strategy whether pump or dump the bitcoin . Lots of people entering crypto space to become millionaire in over night . Recent trend shows people who entered crypto currency in 2018 got huge losses .

dothebeats

legendary

Activity: 3542

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Cashback 15%

Uhhhh what?

You clearly haven't experienced the multitude of bad luck and dead cat bounces during 2014-2015. Most people during that time lost faith on bitcoin and called it a dead coin, while the remaining ones believed that it still has a chance. Most successful investors in bitcoin accumulated while everyone is yapping and scare-mongering. They remained to do so until bitcoin showed signs of life starting Q3 2016. The trolls kept on thinking that it's nothing but a mere dead-cat bounce, until it gained traction and the die-hard pessimists suddenly turned into bulls. With the amount of infrastructures created around bitcoin and money invested on it, do you really think that they'd let their money-making machine die? No, not a chance.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: davis196 on May 24, 2018, 01:05:42 AM

Bitcoin won`t die,if the greedy investors leave.It will continue to exist,but with a way lower price and lower price volatility.I think that bitcoin has a better chance to evolve and succeed,without all those investors.
What do you mean by "hard competition in the industry"?Do you mean competition in BTC mining?

when the greedy investors leave, that drive and power bitcoins spectacular value, bitcoin users become just a small sect, similar like star wars fan freaks, they wont be even honest, goodwilling and reasonable investors, they will simply be some kind of fanatics, that glorify bitcoin.

davis196

hero member

Activity: 3150

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Bitcoin won`t die,if the greedy investors leave.It will continue to exist,but with a way lower price and lower price volatility.I think that bitcoin has a better chance to evolve and succeed,without all those investors.
What do you mean by "hard competition in the industry"?Do you mean competition in BTC mining?

KingScorpio

sr. member

Activity: 1470

Merit: 325

many investors only invested into bitcoin because they hope for huge value increases, but since bitcoin is now stagnating and even losing in value,

due to the hart competition in the industry,

many will drop bitcoin and cointinue to drop it, because the ponzi scheme high returns at the beginning of bitcoins cannot be delivered anymore.

regards

Topic: Let's be honest bitcoin dies if the investors greed is not fulfilled - page 3. (Read 439 times)