The FALL OF BITCOIN - page 35. | Bitcointalksearch.org

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: JeffreyKen on May 31, 2018, 12:42:54 PM

The fall is always painful but i hope soon it will rise.

Hope, hope, hope. Then nope.

Bitcoin is probably all done. A lot of the alts will surely be taking it over from here. Only the very dumb people who just can't let go - remain with Bitcoin. Heavy losses coming soon.

Finestream

hero member

Activity: 3052

Merit: 606

Quote from: Jacsnuffles on May 31, 2018, 10:56:56 AM

Why do some people keep telling that Bitcoin is going to die? Okay, we're not sure it won't but we're not sure too that it will. There are lots of ICOs coming almost every day, and they require BTC as payment, and I thought that as long as BTC is in circulation, BTC won't die. As long as there are traders and others who use BTC. It might go lower in price but it won't fall. Read news about cryptocurrency, of course, the good ones.

I agree.Bitcoin is surely going to fall its price because of its volatility but i'm sure it will rise up again in the next days.So bitcoin is not really going to die,unless if all bitcoin users stop patronizing it.Yes i believe bitcoin is more than just a payment system,people valued it more as a means of investment because of its own potentials that any person will crave to have.

Yassin

member

Activity: 233

Merit: 10

for now it is true all bitcoin just for investment but do not rule out bitcoin will be money for real exchange like money that exists today, because there are already some countries that use bitcoin as real exchange medium.

JeffreyKen

newbie

Activity: 42

Merit: 0

The fall is always painful but i hope soon it will rise.

Ntaa

copper member

Activity: 301

Merit: 0

You are right my friend, majority of people who buy bitcoin is just for investment and not used as a payment it self. But, I thinks bitcoin for now is a means to invest and it can't be used completely as a means of payment. because bitcoin is better for investment than on payment

Leyss

member

Activity: 574

Merit: 12

Yes, while this is one of the biggest problems of the existence of bitcoin. The fact that bitcoin has mainly been used as a means of accumulating value, distances it from its main goal - the performance of the function of money. As a result, bitcoin goes to its devaluation.

markleal

member

Activity: 446

Merit: 13

Quote from: angelaurum on March 15, 2018, 01:33:28 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!

Hi there angelaurum! First of all, do you belong to those terrorist? I hope not, because I will not believe what you are saying. Specially that you are opting bitcoin as oppose to Tether. That alt coins is much more intriguing that it is used to be. There are issues with that alts which could be found here https://cointelegraph.com/news/controversial-tether-issues-300-mln-in-new-tokens-critics-react and here https://www.investopedia.com/news/tether-issues-300-million-worth-new-coins/ . It could even the main reason why most of the trader is pumping up bitcoin. They are backed by usdt which then resulted to a more agressive move. It even the reason why sometime the price of bitcoin move up rather than to stale. Anyway, I am not opposing tether, I just want to you to think twice what your opinion should be.

Caesar Cung

member

Activity: 181

Merit: 10

Industry 4.0 is called Bitcoin

Quote from: Jacsnuffles on May 31, 2018, 10:56:56 AM

Why do some people keep telling that Bitcoin is going to die? Okay, we're not sure it won't but we're not sure too that it will. There are lots of ICOs coming almost every day, and they require BTC as payment, and I thought that as long as BTC is in circulation, BTC won't die. As long as there are traders and others who use BTC. It might go lower in price but it won't fall. Read news about cryptocurrency, of course, the good ones.

I love how everyone freaks out when I knew all along this was going to happen. We needed to have a correction, I think the upbit news just triggered it early. In the long run this will be healthy for bitcoin as long as we don't fall much past 7250. 7800 and 7250 are the prices this could reverse, so those are both great places to buy.
I think we'll see the lows today. They're either already in or at 7800.

Then hopefully I can get busy working the longs again from tomorrow. My wife eats like a horse, need the moneys...

Jacsnuffles

jr. member

Activity: 211

Merit: 1

Why do some people keep telling that Bitcoin is going to die? Okay, we're not sure it won't but we're not sure too that it will. There are lots of ICOs coming almost every day, and they require BTC as payment, and I thought that as long as BTC is in circulation, BTC won't die. As long as there are traders and others who use BTC. It might go lower in price but it won't fall. Read news about cryptocurrency, of course, the good ones.

saifanik

jr. member

Activity: 147

Merit: 2

It is a matter of great regret that no.1 crypto is constantly falling.It's position now facing treats.That is not expected by users. This situation should control by the authority of btc before it's too late and wish everything will be super ok.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: Lhaine on May 31, 2018, 09:58:48 AM

Quote from: t39 on May 31, 2018, 09:01:13 AM

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.

Yeah if some one sell her bitcoin in big amount there is a possibility that bitcoin price will down that's exactly what happened everytime that bitcoin price decrease .

And that's what's been happening all these time. People buy and sell.depending on what influences their decisions. It could be an fud, or a good announcement. Or whales exercising their capability of affecting the price. Bitcoin has fallen everytime and everytime it also recovers.

Lhaine

full member

Activity: 742

Merit: 128

Coinbene.com - Experience Fast Crypto Trading

Quote from: t39 on May 31, 2018, 09:01:13 AM

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.

Yeah if some one sell her bitcoin in big amount there is a possibility that bitcoin price will down that's exactly what happened everytime that bitcoin price decrease .

t39

hero member

Activity: 742

Merit: 500

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.

taksrkanah

newbie

Activity: 88

Merit: 0

This is not the first time bitcoin prices have fallen and I think this is still normal. I assume your post is no more like an altcoin ad. You advise us to buy coins that you consider safe. when in fact, your coin is no better than bitcoin.

jaaeeeyyyy

full member

Activity: 434

Merit: 101

Quote from: angelaurum on March 15, 2018, 01:33:28 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!

It sounds funny how you constructively describe the bitcoin with pump and dump which is a fact and natural event on the digital world. You are complaining that bitcoin do fluctuates ? that is because people are using it, simply they spend bitcoin ( sell in the market, buy goods or products etc.) Maybe you're imagining things in the far future where there are ATMs and machine reading and accepting bitcoin payment.

jason meneses

member

Activity: 106

Merit: 10

It's sad to say the technology would come to this.. But that is human made that why they have a solution or way to get that and how to steal.. Bitcoin is loosing because of the loosing envistor and other but just wait until it back.. Because they are preparing for pump again that's the play of bitcoin

rightway00372018

newbie

Activity: 210

Merit: 0

Quote from: angelaurum on March 15, 2018, 01:33:28 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!

I believe the fall of bitcoin is just a temporary and should not be consider as tragedy because volatility and price fluctuation is one of bitcoins characteristics and even with a dropping price but still some people are buying and holding it for long term.

wisdomcn

full member

Activity: 350

Merit: 100

You are very right on this statement, I trust that over 90 percent of those who have bitcoin have really converted it to investment not longer as a means of payment. I believe this have added to the reason why the price are been struggling to move up ward.

THATBTC

newbie

Activity: 98

Merit: 0

Quote from: angelaurum on March 15, 2018, 01:33:28 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!

Yep u right dude about everything, even the USDT or Tether and only some know it

Tonicantik

newbie

Activity: 75

Merit: 0

Currently the price of bitcoin is falling because of bad news about bitcoin. All will return to normal and bitcoin even in the future will be better, but it takes time.

Topic: The FALL OF BITCOIN - page 35. (Read 322377 times)