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Topic: The Lower The Price Of Bitcoin Gets, The Better. This Will Lead Us To Salvation (Read 319 times)

legendary
Activity: 1526
Merit: 1000
It seems that you consumed too much drugs like a religion fanatic and the funny thing is your opinion about wanting the price of Bitcoin become cheap and become an international currency are so wrong and contradicting against each other. How long have you been in the crypto field? Do you understand the market concept? Did you mean Bitcoin must have a fixed value like USDT or do you just want to make profit as much as possible? If you want to make a profit, you can invest your money in the ICO.
legendary
Activity: 3234
Merit: 1399
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The continued collapse of cryptocurrency prices is purging bad people from the crypto space. Investors that were trying to get rich quickly, and alter the entire crypto space to suit their needs, are seeing their investments burned in nuclear hellfire and fleeing with their tale between their legs. Scammers masquerading as businessmen can no longer trick people that their crypto schemes are a good investment, because practically no one wants to invest in crypto startups anymore.

It will only get better and better as the price of Bitcoin drops closer and closer to zero. The closer we get to zero, the more pure the crypto space will become. We will be left with the true diehard Bitcoiners who love Bitcoin for what it really is: decentralized peer to peer electronic money. Then we can regroup and fulfill Bitcoin’s true mission: to become the primary global currency.
I agree that the dump was meant to happen and it helps to get rid of people who don't believe in bitcoin. I don't mind bitcoin being worth a lot less than it is right now. However, I just think it would be fair if it repeated its ath or went close enough ($15k, maybe), so that people who decided not to sell their btc almost a year ago will be able to return what they used to have. I really need bitcoin to get back there, it could help me financially with education. And then, if btc stabilizes at any value more or less and we really get to pay with it in stores and stuff like that - sure, I will not live bitcoin behind.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Really? Because I find more people here are led into temptation than delivered from evil.  Cheesy
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
Bitcoin is not created by God, it was created by a man named Satoshi Nakamoto. Bitcoin is a product of digital technology created for the purpose of serving people with services that need to be exchanged for Bitcoin. The collapse of the market is inevitable in the modern digital industry. The fluctuation is characteristic of this market. If the value of Bitcoin continuously increases or stays steady at nearly $ 20k, then I think it will not have the process of forming a valuable coin.


If I swing a hammer and the hammer hits a nail driving it into a piece of wood.
Did I drive the nail into the wood or did the hammer drive the nail into the wood?
Did the hammer force me to pick it up and swing it?
Or did I pick the hammer up of my own free will and swing it?

These arguments can be fun to play with but whether God created man or man invented God is not going to be answered here and now.

I leave those answers to the future and don't particularly care what those answer are.

However the op has one thing right this crash and burn drove away a lot of people from crypto coins.

Is that good i don't know.

But I am still here playing with them and having fun doing it.

full member
Activity: 217
Merit: 100
Bitcoin is not created by God, it was created by a man named Satoshi Nakamoto. Bitcoin is a product of digital technology created for the purpose of serving people with services that need to be exchanged for Bitcoin. The collapse of the market is inevitable in the modern digital industry. The fluctuation is characteristic of this market. If the value of Bitcoin continuously increases or stays steady at nearly $ 20k, then I think it will not have the process of forming a valuable coin.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
the weird part about salvation and god's plan for bitcoin aside. i would argue that what price is doesn't matter. how it got there matters a lot. for example you mentioned "the lower it gets". why do you think it should go lower than this? i say it shouldn't because that would mean bitcoin being a lot more undervalued as it already is and not to mention that to go any lower it would require more manipulation. so you are basically asking for more manipulation! there is no "salvation" in a manipulated market.
member
Activity: 348
Merit: 10
Mixing religion and finance is ridiculous. Crypto market is a zero-sum game. Losing money means only one thing - someone gains as much as you lose.

That's your way of thinking when a market price is good for making money, but it makes people lose. The truss is a fixed one, if anybody gets somebody will lose, and vice versa. And do not be too happy when you are profitable and others lose money Shocked.
hero member
Activity: 658
Merit: 503
Although I don't really like your theological approach to the subject, I respect it, since anyone is free to choose to have their beliefs, but if I want to advise you, don't take btc as a divinity, it's simply a technology that will help us along the path of technological evolution, as good as cloud computing and others, so don't praise it so much because it can let you down.
legendary
Activity: 966
Merit: 1000
It seems that you consumed too much drugs like a religion fanatic and the funny thing is your opinion about wanting the price of Bitcoin become cheap and become an international currency are so wrong and contradicting against each other. How long have you been in the crypto field? Do you understand the market concept? Did you mean Bitcoin must have a fixed value like USDT or do you just want to make profit as much as possible? If you want to make a profit, you can invest your money in the ICO.
newbie
Activity: 14
Merit: 0
Mixing religion and finance is ridiculous. Crypto market is a zero-sum game. Losing money means only one thing - someone gains as much as you lose.
legendary
Activity: 3080
Merit: 1500
I am not really comfortable in linking Religion with Finance because these two do not mix well. But one thing I need to agree with the OP is that, Bitcoin is not an investment. During late 2017, a lot of people entered into cryptospace who looked at it as a "get rich quick" scheme! However, declining price will again offer this class of people to enter the market again if they believe that bitcoin is going to be huge in future. Otherwise, they will keep themselves out of the market.

Declining price is not an ideal think to have because the entire industry suffers along with the associated businesses and people. When people loose job, it leads to a much bugger impact in the economy. So declining price is not the best thing to have that may lead us to the salvation. We are indeed going through a bad time now and I sincerely hope that everything will come back in shape as soon as possible!
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino

However, I believe every billion dollars shed from the crypto market cap is a victory. A ton of non-Bitcoiners had painted themselves as Bitcoiners, and were ruining the space. Bitcoin is meant to be decentralized peer to peer electronic money, and a hoard of people trying to get rich quickly tried to turn Bitcoin and cryptocurrency into an investment.

Regardless of price per bitcoin those with greater capital strength would still be able to control the greater amount of total supply,
Let's assume it comes low enough for a regular investor to purchase one with $1000, the whales would multiply their investments, and would still have the same percentage ratio over smaller investors.
hero member
Activity: 1918
Merit: 564
Uhm.. for a buyer's view yes, the lower the price of Bitcoin gets, the better  but in the eyes of holder and those who bought at higher price, i guess not.  I do not think that all things that happens comes from God.  Not all action are made by God as there is also an opposing force that did their action independently.  Same way your action differs from your friends or your kin. Though please stop incorporating Bitcoin to some religious belief, they are two separate sector/institiution IMHO.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Well for one thing, this dump has shed some of Bitcoin's skin in the form of speculators that joined this experiment for the wrong reasons. As you said, this was not meant to be a "Get rich quick" scheme and the people who joined for that reason, got burnt.

Hackers are also less likely to hack "services" now, because the price is not worth the effort. < A high price normally attract their attention, because the reward is much bigger, when the price is high. >

Glad to see someone can still see some positives from a bad situation.  Roll Eyes Tongue
member
Activity: 560
Merit: 11
what a load of nonsense Cheesy

and you seem to be forgetting that this high volatility that is the effect of a lot of manipulation is not at all good for bitcoin or generally the cryptocurrency space since it is going to damage the reputation, slow down and postpone adoption, and even hard development.
you are only looking at the price and profit that you can make from the volatility but you don't look at the precautions of it.
always remember that a reverse bubble is just as bad as a bubble
yes, the BTC market is now very bad, very disappointing. I thought he was selfish because he forgot about prevention.

but, I personally better not regret the bearish market, I always use the market to hold or buy more BTC.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
What does a deity have to do with something devised by Man? If you even read the bible of your religion, Jesus poses some kind of hate towards men who has something to deal with money, and bitcoin clearly is money, so that alone doesn't make sense at all. Also, it's the 21st century already and everything is still connected to a supreme being, even a payment system that has its flaws and faults from time to time. Get a grip from reality, I guess.

Low price of bitcoin isn't a work of your god, but rather a manifestation of what the market feels like towards bitcoin and some sort of manipulation.
member
Activity: 364
Merit: 13
Killing Lightning Network with a 51% Ignore attack
God created everything and does everything. I do not believe in Jesus. I'm Jewish.

Hate to break it to you.

God gave humans Free Choice (ie: Free Will) to choose their actions either good or evil.
(This includes the ability to create or destroy on our own.)

Your understanding of God , is lacking.

Even the Jewish did not deny Jesus existed only that they did not believe he was their messiah.
In the Quran , Jesus is referenced as a Prophet & Messenger of God,
In the Christian Bible ,  Jesus is referenced as the Son of God, one of the Holy Trinity  (Father, Son, & Holy Ghost)


FYI:
https://www.myjewishlearning.com/article/free-will-in-judaism-101/
Quote
If humans do not have free will–the ability to choose–then actions are morally and religiously insignificant: a murderer who kills because she is compelled to do so would be no different than a righteous person who gives charity because she is compelled to do so.

Jewish tradition assumes that our actions are significant. According to the Bible, the Jews were given the
and commanded to follow its precepts, with reward and retribution to be meted out accordingly.
For Judaism to make sense, then, humans must have free will.

legendary
Activity: 3472
Merit: 10611
what a load of nonsense Cheesy

and you seem to be forgetting that this high volatility that is the effect of a lot of manipulation is not at all good for bitcoin or generally the cryptocurrency space since it is going to damage the reputation, slow down and postpone adoption, and even hard development.
you are only looking at the price and profit that you can make from the volatility but you don't look at the precautions of it.
always remember that a reverse bubble is just as bad as a bubble
sr. member
Activity: 652
Merit: 257
Who is Satoshi anyways?
newbie
Activity: 196
Merit: 0
God created everything and does everything. I do not believe in Jesus. I'm Jewish.
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