Topic: Little panics like this are good - page 4. (Read 2352 times)

In all honesty I honestly believe this is a ploy to buy low and get people out of the market. it's sad.

Does people really think it is a bubble? It is the people who are controlling it. Those who are holding it for a long time are the one who can make waves. I cant believe people who are registered in this forum will think of bitcoin like that. Maybe they should try a stock market forum. They are on the wrong forum. This one should be all support for bitcoin and how to make it better not bash it.

I agree, we need to clean the scene from speculators who are pumping the price for their own profits. They are usually the first people running at the slightest bump in the road. They seldom lose any profits, because they buy low and trigger bots to sell, when the price reach a specific threshold.

After this cleansing process, you are left with the real Hodlers and pure Bitcoiners. ^smile^

It is not sad. It is how free market works everywhere. If that is sad it is sad to be a proponent of a free market.

Corrections have exactly such a role as you have said.

In all honesty I honestly believe this is a ploy to buy low and get people out of the market. it's sad.

They prevent Bitcoin from becoming a true bubble, which would be disastrous. The level of incomprehension regarding Bitcoin is still very high. Jamie Dimon's recent comments show that, like Warren Buffet before him (as of a few months ago anyway), Dimon has no knowledge of how Bitcoin functions as a crowdsourced, decentralized, economical, sustainable, and fast method of immutable data-registration. If these guys don't know, it's a given that lots of recent easy-money chasers don't know either. A friend of mine says his grandfather was taught to drive a Model T by an elderly uncle who sat in the passenger seat with his hand on the emergency brake and yelled Whoa! Whoa! if they went faster than a trot. That's how a lot of people hold their bitcoins. They sit with their hand on the mouse and yell Sell! Sell! at the first hint of trouble. But that's good. Bitcoin can never become a bubble that way because it won't get high enough fast enough. It will slide and even crash from time to time, but since it has real utility (as opposed to tulips --- and the liar loans Dimon's company, J.P. Morgan, was fined $13 billion dollars for selling) Bitcoin will continue to climb after Buffet and Dimon have had uninformed say and momentarily clogged the exits with butts and elbows. As for rumor-mongering China, Bitcoin's Long March will continue there too.

Just sit back and hodl. If you can't hodl here, you are in the wrong game. Try the stock market.

i think for now market will follow china rate price , hope this will not take long time to recover 

I believe bitcoin is a bubble and one day it will burst. That will be a golden time for bitcoin buyers.

There is always a deep plunge before a huge surge, that's something that everyone must know, And i hope people are really not selling because some bankers are predicting doom and gloom about the cryptocurrency market, Why on earth will your opponent really say something positive about you. Bitcoin is their biggest threat and they are afraid.

It seems like that most of "this is a bubble" comments come from people with no BTC on hands but really jealous of other success. That said, panic can be good in any ways: it can definitely help to make players more mature

The reason people now are saying that it is a bubble is because the price of this digital currency just blow out to $4000 where it just takes 2 months do double the price. If you will be thinking about it, that is really fast but we are just thinking of this when the price drops and not when it is happening because we are enjoying the fact that we are earning a lot of profit.

I dunno why too many people coming out lately and show hatred and not trusting btc. So many issues this week regarding btc maybe this is some reasons why btc price is falling but I dont care I see whats happening to buy btc in cheaper price and wait for the pump to get decent profit. Good I still have few bucks to buy btc.