Dont lose faith man even when things seem bleak. Btw last night was not bleak it was merely a pump that was well put together and in order to do that properly making up some bs along the way will probably happen too. I
too was not happy when seeing BCH was going to "take over" BTC but this was never going to happen. It was to create hype, and then dump on those poor unsuspecting souls. Main thing in crypto is to stay on top of it and
not get scammed, you can be sure BTC will be around in the years coming.
Topic: Losing faith in BTC... - page 4. (Read 5470 times)
http://bitcoincashplus.org/
Coming soon, this is the real Bitcoin Cash this is what Satoshi would have wanted.
Maybe we can get Roger Ver to become a Bitcoincashplus whale?
Coming soon, this is the real Bitcoin Cash this is what Satoshi would have wanted.
Maybe we can get Roger Ver to become a Bitcoincashplus whale?
I kind of have the same sentiment that it's all about the money. The miners are doing what they're doing because they want what is profitable for them. The bitcoin cash weekend showed what happens to bitcoin when miners shift their mining activities to an alt of btc. BCH is still an alt of bitcoin. Someone pumped bch and so mining shifted there because they see profit there, therefore affecting bitcoin transactions. So this goes to show that regular bitcoin users can be at the mercy of miners and large business owners who can manipulate either asset.... right? 
I agree with your point. In a way, the crypto world is somewhat dependent on the miners. The miners do manipulate the markets in different ways and I have been observing this from quite sometime. This is not necessarily a bad thing since the miners do help bitcoin survive in a way, but this also means centralization to an extent which we must deal with and there is no solution to this for now atleast. Who else is losing faith in BTC? I use to believe that BTC would change the world. What I just witnessed last night with BCH attempting to take over just shook my entire belief in BTC and crypto currency in general. It feels pretty obvious to me that BTC is the best thing ever and BCH is built upon greed, but I'm not entirely confident that either will win in the end anymore.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
This is the real issue....People start building and loosing faiths overnight. You are talking like a newbie man.
If there is some bounce in the price, people like you start saying that BTC is a new future....its arevolution, we see it at $20k-30k-50k by 2018...and blah blah blah.
And If it price fall by 10%...we don't believe it, its decentralized, no authentication, Fiat is best etc etc...
Such people often create panic or excitement in the market which result to soar or crash. But let me clear you 1 thing both are temporary. We were already expecting a dip after hardfork...now as sw2x canceled, crash is pretty sure to happen. Nothing to panic about it...it just a common market trend.
If BCH is rising...it does not mean BTC is dead. So keep calm and HODL your BTC tight.
Who else is losing faith in BTC? I use to believe that BTC would change the world. What I just witnessed last night with BCH attempting to take over just shook my entire belief in BTC and crypto currency in general. It feels pretty obvious to me that BTC is the best thing ever and BCH is built upon greed, but I'm not entirely confident that either will win in the end anymore.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
Bitcoin is started to go back and started to pump again. I am not loosing faith in BTC i am confident that btc will recover again. I am more confident with btc than putting my investment to a coin that is being controlled and managed by someone else.
I kind of have the same sentiment that it's all about the money. The miners are doing what they're doing because they want what is profitable for them. The bitcoin cash weekend showed what happens to bitcoin when miners shift their mining activities to an alt of btc. BCH is still an alt of bitcoin. Someone pumped bch and so mining shifted there because they see profit there, therefore affecting bitcoin transactions. So this goes to show that regular bitcoin users can be at the mercy of miners and large business owners who can manipulate either asset.... right?
Ok everyone:
Instead of running around screaming worry and arguing about something that you don't understand, listening to FUD and bad advices. Once in for all, please listen to Andreas Antonopoulos (on his speech attached below) and try to get in depth of this complex issue - figure it out on your own...Andreas will not going to tell which coin to choose. But if you listen carefully enough (for approximately 30 minutes - be patien). In the end, you will know yourself whose is telling the true and who is phony ...
Let me give you a little hint: increasing the blockchain size like what the BCH supporters have been pushing will not work and it's all bull shits - stop listening to the lies:
https://youtu.be/AecPrwqjbGw
Instead of running around screaming worry and arguing about something that you don't understand, listening to FUD and bad advices. Once in for all, please listen to Andreas Antonopoulos (on his speech attached below) and try to get in depth of this complex issue - figure it out on your own...Andreas will not going to tell which coin to choose. But if you listen carefully enough (for approximately 30 minutes - be patien). In the end, you will know yourself whose is telling the true and who is phony ...
Let me give you a little hint: increasing the blockchain size like what the BCH supporters have been pushing will not work and it's all bull shits - stop listening to the lies:
https://youtu.be/AecPrwqjbGw
Who else is losing faith in BTC? I use to believe that BTC would change the world. What I just witnessed last night with BCH attempting to take over just shook my entire belief in BTC and crypto currency in general. It feels pretty obvious to me that BTC is the best thing ever and BCH is built upon greed, but I'm not entirely confident that either will win in the end anymore.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
The huge boost in BCH overnight makes me wonder if anything in the crypto world is legit. Seems like everything is based upon greed. All the figure heads that are suppose to support BTC started being like "oh yeah, BCH is the new bitcoin now guys". John Mccafee (yup, the guy who said he'd eat his own dick on TV if BTC doesn't make it to $500,000 by 2020) is all like BCH is the solution blah blah blah. I figured okay, people are getting paid off to say stuff like this, he's a miner after all so he's looking for money. But then I started reading the core developer's tweets. They either don't talk about BCH, but even some of them were talking about BCH taking over.
I get that pump and dumps are going to happen, but when developers are switching to BCH this means either two things. One, BCH will become the new BTC. Two, developers are greedy and care about making money than BTC.
Another part of me wonders whether this was a pump and dump or not. Perhaps BCH really is better now.
Decentralization, limited supply, medium of exchange, store of value. These words are thrown around a lot when describing BTC, but it just seems to me that people really care only about money. When the developers are like this, that is means for worry. This means people will make changes to BTC strictly for hype to make money, even if it actually hurts the security of the coin.
The only figure head in the crypto world that I feel is trustworthy is the creator of LTC. My reasons are this:
1) He hasn't pumped the crap out of Litecoin with false propaganda
2) He was awkward on TV when talking about Litecoin
3) Intuitively seems more genuine
Last night has left me depressed all day today. I'm very bothered by this. I feel like if I go with BCH I lose. If I go with BTC I lose. I feel like BTC is the good guy and BCH is the evil guy. However, BCH might win in the end. I see possible +EV with BCH though. So last night I caved guys. I caved. I feel sad but I did. I bought BCH which I thought I would never do (I didn't sell most of my BTC, It is like a hedge I suppose). Just seems like the +EV thing to do. Couldn't figure out if it was a pump/dump or a takeover so went with my limited knowledge.
If BCH makes it to $3,000ish I will dump some of my BCH for BTC again.
I'm distraught guys and not in a good way either. I kind of feel like I might be getting played, but I might be making the right decision.
Bitcoin is started to go back and started to pump again. I am not loosing faith in BTC i am confident that btc will recover again. I am more confident with btc than putting my investment to a coin that is being controlled and managed by someone else.
Bitcoin is now going back on track. Actually i was to. I panicked i was actually to sell half. But good i read twitter updates. I just hope the core do things consumer wise. So there wont be another fork ponting out Bitcoin's issues
I have been following Cryptocurrecnies for a long time now and I have seen an economic revolution take place like no other in market history. Bitcoin has not just become a currency that is used by the cyber-scene, but a currency that has been invested in by many large multinationals to tech start ups launching ICO's. I think although Bitcoins bubble may stagnate or lightly fluctuate downwards the impact and security provided by a growing amount of businesses will inevitably save this cryptocurrency from fully bursting to the $1 per BTC we were used to back in 2013.
Why losing faith in bitcoin? as we all know it always happen, the price goes up and down . we should not be worry because even bitcoin price drop it always recover and rising up again.
See bitcoin is not going any where don't worry, and bitcoin cash wont succeed like that in a longer run. Hold your bitcoins tight and see the magics.
I totally agree with you on this topic. We should let bitcoin be hurted by other fork coins. They can't do anything to bitcoin if the society of bitcoin stays high. We answered them in the best way on our trades, we never bought bitcoin cash and dumped all on them.
I think now bitcoin cash is lossing its value now because segwit2x will not take place . Bitcoin cash is really high because of the fork and other than that it is really not good coin though we can earn profit from it in this period of time but still it will die soon and lose its value
People are panicking way too much, it's not the end of the world. Of course it caused confusion and fear, but it's not going to be a nail in the coffin of bitcoin and cryptocurrencies.
It was a temporary phenomenon. Soon all will return into place.
What a wise piece of words. Bitcoin Cash is just a puppet crypto-currency for Bitmain. When people will realise that, they will save so much money ! Bitcoin Cash is a greedy cash machine for its creators, and the money, well, is taken from you.
I don't understand what the fuss is all about. Bitcoin has been like this way before but eventually recovered. We must not panic right away because I believe bitcoin price is going to increase again.
The interesting thing this time is that the combined price of Bitcoin and Bcash (Bitcoin's fork which gave away "free coins") has stayed ~ $7500 - $8500. The combined price actually made a new all-time high recently. So we have to admit that the market dynamic has changed, at least for the moment. BTC and BCH appear to have a direct negative correlation......I've never seen anything quite like it.
I don't think this is a permanent situation, though. As others have pointed out, Roger Ver's publicly identified coins were sent to Bitfinex and coincide with high volume BTCUSD selling. Presumably, this also corresponds with high volume BCHUSD buying. The arbitrage bots take care of the BCHBTC market.
The old whales can only knock around the price for so long. This might actually be really bullish long term: we're finally getting Roger Ver to dump his bitcoins. I hope we get a Hearn-like rage quit too.
See bitcoin is not going any where don't worry, and bitcoin cash wont succeed like that in a longer run. Hold your bitcoins tight and see the magics.
I totally agree with you on this topic. We should let bitcoin be hurted by other fork coins. They can't do anything to bitcoin if the society of bitcoin stays high. We answered them in the best way on our trades, we never bought bitcoin cash and dumped all on them.
See bitcoin is not going any where don't worry, and bitcoin cash wont succeed like that in a longer run. Hold your bitcoins tight and see the magics.
This sounds very familiar. Always using thesame pattern...
You should have gone straight to the point. Smh
You should have gone straight to the point. Smh
I don't understand what the fuss is all about. Bitcoin has been like this way before but eventually recovered. We must not panic right away because I believe bitcoin price is going to increase again.
The interesting thing this time is that the combined price of Bitcoin and Bcash (Bitcoin's fork which gave away "free coins") has stayed ~ $7500 - $8500. The combined price actually made a new all-time high recently. So we have to admit that the market dynamic has changed, at least for the moment. BTC and BCH appear to have a direct negative correlation......I've never seen anything quite like it.
I don't think this is a permanent situation, though. As others have pointed out, Roger Ver's publicly identified coins were sent to Bitfinex and coincide with high volume BTCUSD selling. Presumably, this also corresponds with high volume BCHUSD buying. The arbitrage bots take care of the BCHBTC market.
The old whales can only knock around the price for so long. This might actually be really bullish long term: we're finally getting Roger Ver to dump his bitcoins. I hope we get a Hearn-like rage quit too.
Don't act like a noob 
see the charts before making any decision, When bitcoin price is dropping and another coin is rising, What lesson you should learn from that? They are dumping bitcoin to buy and accumulate their own version of bitcoin, No new investor from the different layers of society is actually investing with their hard earned cash. When price of bitcoin is moving uphill and bcash is reaching $5000 even if people are dumping it but it would hit $5000 regardless, That is when you lose your sh*t and get the f*ck out, Until then don't let them shake you.
see the charts before making any decision, When bitcoin price is dropping and another coin is rising, What lesson you should learn from that? They are dumping bitcoin to buy and accumulate their own version of bitcoin, No new investor from the different layers of society is actually investing with their hard earned cash. When price of bitcoin is moving uphill and bcash is reaching $5000 even if people are dumping it but it would hit $5000 regardless, That is when you lose your sh*t and get the f*ck out, Until then don't let them shake you. Jump to: