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Topic: The FALL OF BITCOIN (Read 322366 times)

full member
Activity: 457
Merit: 100
October 09, 2018, 09:53:02 PM
We need to recollect that contrasted with the fiat cash, Bitcoin is in reality simply youthful and the manner in which I see it the residue has not yet settled on it and in certainty we are simply beginning. We need to give Bitcoin and the market additional time as the entire procedure can take a considerable measure of time and years before we can reason that Bitcoin is a major achievement or simply one more fizzled man-made wander. Sadly, no framework can ever murder greed...but the blockchain innovation can by one means or another limit the symptoms of avarice. For whatever length of time that we are people and not yet holy messengers, voracity will dependably be a piece of us and in all ventures (even the religious ones) avarice will dependably be there. As an installment framework, that is the place things are moderate being developed yet I can see that soon there will be new changes on this angle as there are truly individuals endeavoring to test new thoughts for Bitcoin. As a speculation instrument, much the same as the physical gold, there is nothing amiss with that as we are giving individuals the decision on what to do with their Bitcoin...this is an open market at any rate.
yes indeed now bitcoin is experiencing an unpredictable decline like now, but I'm sure that the bitcoin market will rise next year. we should invest.
newbie
Activity: 42
Merit: 0
September 14, 2018, 02:04:49 PM
Is very early to say bitcoin has fallen.no matter hove negative the bitcoin seems now there are much possibilities that bitcoin will rise to it's climax .
member
Activity: 350
Merit: 12
September 14, 2018, 06:49:21 AM
I think, people use bitcoin as an investment because that's all that can be done right now because every country has different rules regarding currency usage and not all countries support the use of bitcoin as a currency
full member
Activity: 728
Merit: 130
September 13, 2018, 10:36:33 AM
I think Bitcoin is still good. Bitcoin could have fallen much more if Bitcoin was a bubble. I think we should be glad that Bitcoin does not trade less than $ 1,000.
sr. member
Activity: 1162
Merit: 268
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October 26, 2018, 10:16:35 PM
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

Too early to tell and too ambitious to make such calls that one day bitcoins will eventually die. Bitcoins are now just too big to fail and it is in a position where it is demanded by many, sought after by the rich and the poor a like. It's a great way to invest for newbies and veterans alike.

In my opinion, I think bitcoin's price is still reasonable at the moment. We know last year bitcoin successfully reach the 1k USD. And pump until it reaches less than 20k USD. Some people say it a Scam pump for its price, But I think BTC still is good for investing or Holding. Majority of us here already earned and profit from bitcoin's growth, So still I will go for BTC as my primary assets on crypto.


full member
Activity: 462
Merit: 100
October 26, 2018, 09:52:35 PM
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

Too early to tell and too ambitious to make such calls that one day bitcoins will eventually die. Bitcoins are now just too big to fail and it is in a position where it is demanded by many, sought after by the rich and the poor a like. It's a great way to invest for newbies and veterans alike.
newbie
Activity: 28
Merit: 0
October 26, 2018, 08:24:05 PM
Investment to get profit is the main aim of most of people  today including me . IT can not blame completely for investor , as we can't buy goods and service by bitcoin because in some countries the bitcoin is not accepted or even banned, how can we use it as  a payment  method?
newbie
Activity: 10
Merit: 0
October 26, 2018, 07:58:28 PM
yes .. most of the people are investing in crypto to earn profit fastly.. this is not good way to use crypto..it seems that the destruction of bitcoin or all the technologies I have ever created is very reasonable because and not only that bitcoin can also make the owner a loss, it depends on how you play.
full member
Activity: 322
Merit: 100
October 26, 2018, 07:48:37 PM
Bitcoin falls only temporarily, only manipulation by a person or system to seek profit. bitcoin is a good technology, for payments or investments, people will continue to use this technology, if bitcoin is a currency, the fall of bitcoin is natural.

Bitcoin stood for over the years and it is always have fall state where some of the weak trusted users are giving up their funds in doing crypto currency, It is not always been down, Bitcoin remains on the top trusted coins of all time in the crypto currency world. I'm more concern to the price pump and waiting for my investments to have profits.
full member
Activity: 468
Merit: 100
October 26, 2018, 06:25:02 PM
Bitcoin falls only temporarily, only manipulation by a person or system to seek profit. bitcoin is a good technology, for payments or investments, people will continue to use this technology, if bitcoin is a currency, the fall of bitcoin is natural.
sr. member
Activity: 430
Merit: 250
October 26, 2018, 03:13:18 PM
I think you don't understand bitcoin as a whole, because actually bitcoin is now widely used as a means of payment in goods and other needs, some companies have used bitcoin as payment. For that I want to explain that indeed those who have bitcoin, most of them use it as a long-term investment by expecting profits through bitcoin, but in reality bitcoin has been widely used as a means of payment or certain transactions in daily life. Thus any view of people who say bitcoin will die or bitcoin will not last long, in my opinion it is an unfounded view of the lack of knowledge about bitcoin. Bitcoin will survive for a long time, and as long as there is a crypto market, and internet networks are still available, so far bitcoin will still be there, because bitcoin is the pride of many people and hopes for a better life and economy.
member
Activity: 378
Merit: 55
Be Good to me!
October 26, 2018, 10:14:57 AM
It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

The fall of bitcoin really affects the whole world for crypto business.It really takes a lot of too long time now to have the fall of botcoin that makes panic of bitcoiners.Theresa lot of loses of this fall.But we still waiting for the waves and bull run.
member
Activity: 378
Merit: 10
October 26, 2018, 10:08:04 AM
Although bitcoin is now really little used as a currency, yet there is a trend of its growth and popularity in this regard. More and more companies are taking it, and it's a great sign. And the price fluctuation is also a temporary phenomenon, so you should not seriously worry about it. Over time, bitcoin will be stable.

member
Activity: 434
Merit: 10
October 26, 2018, 09:38:49 AM
Yes, you are right that bitcoin is more used as an investment vehicle. But its use as a means of payment is also growing, albeit slowly. Just for this there are no suitable conditions, as bitcoin is a very young currency. But this does not mean that it will always be so.
full member
Activity: 338
Merit: 100
October 24, 2018, 11:36:01 AM
maybe many people agree with this, but it is not necessarily the case in my country. because in the country is very supportive of the popularity of bitcoin, because since bitcoin developed rapidly in my country, the economy of the community is very high quality and the poverty rate is drastically reduced due to bitcoin.
full member
Activity: 406
Merit: 100
October 24, 2018, 09:54:00 AM
I think this is a natural thing, about crypto coin ups and downs, not only bitcoin but other coins too, but this kind of situation will definitely return to normal and we can only wait and be patient
Large fluctuations in bitcoin really make our hearts pound. but for experienced traders, i think this is an opportunity to get as much money as possible. fear of price of btc makes prices worse

That is true fluctuations are really unstopple it goes down so hard that causes panic to many investors but i believe that the market would have a brighter side in the future that i keep on holding and investing.
sr. member
Activity: 784
Merit: 251
October 24, 2018, 12:03:09 AM
I believe that every autumn, there is a resurrection. Let's wait for what is ahead. Bitcoin starts like a phenomenal star and most likely won't just disappear in the blink of an eye. Bitcoin can recover and I really hope other altcoins also increase at the right time.
bitcoin is very suitable as an investment place because of its high value among altcoins. the market always changes so that we ourselves can make profits by working hard and not panicking.
full member
Activity: 1218
Merit: 105
October 23, 2018, 11:25:39 PM
Okay, I agree bitcoin cannot act as a means of payment - but it is an asset. It is an asset that provides you with anonymity and increases its fundamental value through limited emissions.
LOL, In our country, we can use it as a means of payment and you can actually use it to pay your internet bill, water bill, electric bill and many many more. How could it provide you anonymity? Don't get deceived by those people that tell you if you use crypto currency you become anonymous because that is a big joke because there is no way you can cash out your funds without doing any KYC(Know your customer) verification and to be able to do this you'll need to send some of your personal and sensitive documents. Grin

Bitcoin is pumping now so i dont see that bitcoin will fall again, i am sure that before this year will end the we can see the value of bitcoin $20k again so never stop holding, just buy more btc and wait for the fast recovery of the market.
You're just speculating and there is no assurance that Bitcoin will go skyrocketing before the end of the year, and how can you say that you are sure that it will reach $20,000 US dollars before the end of this year? Can you explain it to us more clearly? Huh
And you're also telling us to buy more Bitcoin and keep on hodling without telling the risk of investing in crypto currencies like Bitcoin, LMAO. Cheesy

I think even though the price increases, bitcoin prices are still difficult to leave the price of $ 7k. Well, there are many factors that make that happen, especially now that many are holding back their bitcoin. well, maybe when the price of bitcoin rises, they immediately sell the coins they hold.
You have a point about what you're saying, those who bought at a lower price than $7,000 USD, most of those people will surely sell when Bitcoin reaches $7,000 USD barrier but who knows what might happen in this speculative and very volatile industry.
hero member
Activity: 1736
Merit: 731
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October 23, 2018, 11:01:38 PM
Okay, I agree bitcoin cannot act as a means of payment - but it is an asset. It is an asset that provides you with anonymity and increases its fundamental value through limited emissions.
Bitcoin is pumping now so i dont see that bitcoin will fall again, i am sure that before this year will end the we can see the value of bitcoin $20k again so never stop holding, just buy more btc and wait for the fast recovery of the market.
I think even though the price increases, bitcoin prices are still difficult to leave the price of $ 7k. Well, there are many factors that make that happen, especially now that many are holding back their bitcoin. well, maybe when the price of bitcoin rises, they immediately sell the coins they hold.
newbie
Activity: 78
Merit: 0
October 23, 2018, 10:50:31 PM
I don't think Bitcoin only just a pump and dump coin. It's a community coin. All depend on market demand and news around it. 1 person can't manipulate the price, but 1 bad news can destroy the price. It just like Stock and Forex investment. You just need to learn how to read the market condition to keep survive in this crypto world.
I don't think bitcoin has fallen in price, because bitcoin prices have increased statistically every year. If all bitcoin prices are related to the peak price of bitcoin in December 2017 which is 19,796 USD, obviously the price of bitcoin is decreasing. But when compared to 2 or 3 years ago, the current price of bitcoin in the range of 6,000 USD has increased.
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