i think down for $100 is better than more than $500 like last dump. bitcoin is more stable for now at least it is better than last day before bitcoin price dumped so much
Yes, actually bitcoin is better than couples years ago related price of bitcoin, the problem of bitcoin right now is about scaling of bitcoin, it is problem bitcoin network (fundamental of bitcoin) that is why price of bitcoin went down $100 in one day, debating without solution and the transaction of bitcoin that still not be confirmed by miners, will makes losing faith in bitcoin. 
Topic: Losing Faith in Bitcoin? - page 3. (Read 3438 times)
Do you see other thriving projects, every single one of them is better than Bitcoin in some sense.
you know, when people like you make comments like this about bitcoin, it is just assuring us that bitcoin is still the biggest, best thing out there and people are getting desperate.
otherwise there is absolutely no reason for you to even be in this board, heck even in this forum.
OP is either clearly delusional or desperately trying to shove some agenda down everyone's throat. I'll let the reader decide.
Ya that was my thought. Really? Bitcoins rise 40% in a month then drop 5 or 10% (correction) and there's a doom and gloom thread? I expected it because people here are so greedy and so permabull but wtf. Be realistic. You're in the best investment in the world, so stop expecting better. It's ridiculous.
Maybe the SW/BU Bitcoin Civil War is starting to have a negative effect.
LOL, it's taking a heavy toll for 2 years now. Practically, Bitcoin is dead at this point. Believe it or not.... Do you see other thriving projects, every single one of them is better than Bitcoin in some sense.
BU.... but, it's too late now IMO.
I sure wish the Miner Wankers and the Developer Wankers would get together and SOLVE the scaling problem(s). Else they may damage the Bitcoin Ecosystem and discourage newbies from joining the community.
BTC to $5000 if/when they resolve all of this (credit to jonald_fyookball for that prediction, and I would agree with that number)
BTC to $5000 if/when they resolve all of this (credit to jonald_fyookball for that prediction, and I would agree with that number)
I'm skeptical about soonest resolution of the issues Bitcoin is currently facing
I don't know about developers, but miners are certainly going to prolong the present status quo as long as possible simply because any solution will put their profits from transaction fees at risk. If Large Blocks are accepted they will just reveal to the world their complete roguishness by not filling up the blocks to their full capacity (with a lot of unconfirmed transactions still sitting in the pool), just like they are (not) doing now. If SegWit gets activated (and Lightning Network soon thereafter), that will cut a gaping dent in their profits right away. Regarding Bitcoin going to 5K dollars per coin, that's unlikely, at least, not in the short term. There is simply not enough money in the cryptomarket to buy up so many bitcoins to support prices at that level in a consistent way
When BTC goes down $100 in one day, just think about what has been the price movement in the last 1 month or 1 year. There have been unbelievable gains. No reason to lose faith in Bitcoin now.
Unbelievable gains, yes. But for Monero and Ethereum. Some people are so strongly emotionally attached to Bitcoin they just reject the truth they would be much much wealthier if they saw Bitcoin is attacked and killed by Core.
Maybe the SW/BU Bitcoin Civil War is starting to have a negative effect.
LOL, it's taking a heavy toll for 2 years now. Practically, Bitcoin is dead at this point. Believe it or not.... Do you see other thriving projects, every single one of them is better than Bitcoin in some sense.
BU.... but, it's too late now IMO.
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
Yes,Bitcoin has increased dramatically from $1200 to $1735 and some people could not even bare $100 price drop and start saying that they are losing hope in bitcoin.It must be taken into consideration that besides huge number of transactions stuck,bitcoin has reached this price and there is no need to worry.Agree, when bitcoin losses $100 it is already the worst in bitcoin according to them but when it appreciates almost up to $1800 all are praising it. I think its a normal market correction until it stabilized and will rose again. We are trading it, and we should expect that there are ups and downs also.
i think down for $100 is better than more than $500 like last dump. bitcoin is more stable for now at least it is better than last day before bitcoin price dumped so much
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
Yes,Bitcoin has increased dramatically from $1200 to $1735 and some people could not even bare $100 price drop and start saying that they are losing hope in bitcoin.It must be taken into consideration that besides huge number of transactions stuck,bitcoin has reached this price and there is no need to worry.Yeah right. But now bitcoin is already pumping. The drop price of bitcoin lately is because of the cyber attack all over the world. But the way how we react about this drop price of bitcoin is really not good because you say that you lose faith from bitcoin because of a pretty low drop price of bitcoin. If you really know bitcoin then you know that it will keep coming back no matter what
It will be great if they can come into an agreement, it will help to boost bitcoin price higher, but recently bitcoin price has been up quite significant, the dropping is still normal compared to the rising, but they need to solve the problem quickly before the investor run to other alt coin
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
Yes,Bitcoin has increased dramatically from $1200 to $1735 and some people could not even bare $100 price drop and start saying that they are losing hope in bitcoin.It must be taken into consideration that besides huge number of transactions stuck,bitcoin has reached this price and there is no need to worry.
Blame miners for not yet having activated Segwit. Blame miners for artificially choking the network with rubbish transactions to boost their income through fees. Blame miners for being a toxic entity in this whole system. Blame BU gangsters for contributing to this spam attack. Blame the people that take this spam attack far too serious. I seriously can't wait for the implementation of LN.
it is normal, bitcoin's price fluctuating from lowest price to higher price and vice versa. But losing hope in bitcoin? It is not normal, especially if you have been already spent too much long on this cryptocurrency world. Though we can't blame the panic sellers thinking that they will lose more profits if they are not going to sell their bitcoin, because it will going down more and more each day.
They do have a point, because they are just playing it safe, but there is no point on doing it, because we all know that bitcoin's price would go up again in the sky again, there is just this thing "Ransomware" that is why bitcoin is experiencing DUMP right now, but trust me, we don't have to panic just because of this.
They do have a point, because they are just playing it safe, but there is no point on doing it, because we all know that bitcoin's price would go up again in the sky again, there is just this thing "Ransomware" that is why bitcoin is experiencing DUMP right now, but trust me, we don't have to panic just because of this.
Since we are struggling to build a massive network, we can expect such things to happen. However, I believe that we will soon find the solution and fix these issues soon. There are many investors and potential users are waiting outside to enter in bitcoin world but they are worried about these things and do not want to take a risk at this point. I also believe that we will have a concrete solution for the long term within a year or two.
I think dropping price of bitcoin is really normal and if they really know what is driving the price they should not lose faith in bitcoin,
They should know that when huge number of users sell their bitcoin the price would drop down .
They should know that when huge number of users sell their bitcoin the price would drop down .
Bitcoin has issues like everything else because something perfect doesn't exist. But that doesn't mean that you have to lose faith or abandon bitcoin with every sign of some problem, that just isn't right. Just have patience and we all have to put our efforts if we want bitcoin to fuly succed.
I dont think it is about the technology inside Bitcoin. To me, Bitcoin is almost perfect, but the pool developers and managers do not want to cooperate with the Bitcoin users so that it has caused a lot of troubles to us
I don't lose faith in bitcoin because i believe that the price will keep moving up even we are experiencing some price fall as of now but i think it doesn't matter after a few years because the price there will be very high and the people will become winners are the people who believe in bitcoin and still hold bitcoin for at least a few years.
For what's been stated by Op, there is no need to lose faith on bitcoin. This is a delusion that most users have as they always focus on increase and profiting. They cannot accept loss, the price falling down or the huge number of transactions getting stuck on the network is common. The same gets running perfect within a short time frame.
I think you focus too much one specific part of his argument. He is correct in wondering if the price falling and transactions getting stuck on the network is a consequence of scaling issues which are real and which are not being solved due to infighting between factions within the network. It has and is doing long term damage to bitcoin as it turns off new users who read about the fighting and fear it has no future, as well as meaning they cannot use it as a currency.
Now whether the current price fall is due to the scaling issues and infighting is another question and I don't think anyone has an answer that isn't just opinion.
Bitcoin has issues like everything else because something perfect doesn't exist. But that doesn't mean that you have to lose faith or abandon bitcoin with every sign of some problem, that just isn't right. Just have patience and we all have to put our efforts if we want bitcoin to fuly succed.
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