The world is not doing well - page 6.

Reatim

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Quote from: GreatArkansas on November 16, 2022, 10:39:21 PM

Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

Sometimes, the world is just giving us opportunities. There are some people who waited this time, especially since the price fall, and for them, it's already a good buy opportunity because some of those people started to hold USD or some stablecoins and just waiting for a good opportunity to buy Bitcoin, and here we go. Some already started to accumulate Bitcoin at cheap price even there are lot of not good events happening right now around the world.

this is advantage for all of us who are willing to keep holding m when the price increases really high last year , now this 2022 we can see more chances of taking them back so buying is what we really needed now.
forget about the easy money but instead look for long term holding , maybe 2 years from now we can clearly taste our profit.

bitzizzix

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Quote from: michellee on November 10, 2022, 04:16:04 AM

Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

I'm sure many of us still have patience and are okay with this situation because we believe that this is only temporary and bitcoin will have time to bounce back higher. Now is a good time to accumulate more bitcoins, as the price is at the bottom. And who knows, the current low price is the lowest price for bitcoin and after this, the bitcoin price will start to rally and can slowly get back up and break through higher prices. For that, we must remain patient and not panic if the price has not been able to increase because it will all start even when we do not realize it.

Owning bitcoin requires patience and strong belief, and this is a very important capital to instill in us when the price of bitcoin drops sharply. And the most important reason is because no one controls bitcoin but ourselves.
this is just a temporary drop although we don't know how long it will last and to be honest I am happy during this downturn, because I was given the opportunity to buy it gradually and increase my purchases at the cheapest price.
I have always been as trusting and patient as the trail of bitcoin before, until I finally hit a big profit and remembered that bitcoin is for the long haul and put it to good use during downturns.

GreatArkansas

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Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

Sometimes, the world is just giving us opportunities. There are some people who waited this time, especially since the price fall, and for them, it's already a good buy opportunity because some of those people started to hold USD or some stablecoins and just waiting for a good opportunity to buy Bitcoin, and here we go. Some already started to accumulate Bitcoin at cheap price even there are lot of not good events happening right now around the world.

Kelvinid

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Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

Well, patience is always the key to success but unfortunately, not are doing this as they wanted instant which makes them always lose in the end.
During this economic crisis, many people have been bothered too much and can't think of the right things to do. Panic selling and a negative mindset have just come into their mind. It is absolutely nothing we can do with this other than be patient because sooner this hard time will be over and give rewards those who hold.

Falconer

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The stock market is now up slightly after the inflation data and the s&p index is also doing well. But the cryptocurrency market is still having bad times. Scams of exchanges, bankruptcies, distrust of crypto is increasing, which negatively affects the price. Different projects are having financial problems every day. I don't think crypto will recover quickly.

Crypto market conditions like now should be used by anyone who believes that crypto has a good future compared to now. Especially bitcoin, I never imagined that bitcoin would come back down to $15.5K a few days ago when last year it was $69K. So this is a good opportunity so that we are not always negative when the market goes down.

I still firmly believe in a better future for crypto, but try to avoid altcoin as much as possible as a long-term investment. So if you want to make a profit in crypto, then never doubt its good potential especially in assets that have real use cases like bitcoin.

justdimin

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Quote from: lizarder on November 15, 2022, 03:51:07 PM

For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.

The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.
[/quote]
Unfortunately, world will never be fine is a correct approach. One of the oldest understandings of political philosophy is that if everything is fine, then there is absolutely no need for people to vote for you, and that means the opponent will try to find every single mistake in order to get the votes and that means people who do not create chaos will never be picked.

How do you think Bush had absolutely no chance of winning a re-election but ended up with a war and won it? That happens all around the world in a small scale, sure not a whole war, but they create troubles so that they could show themselves to be the solution instead and that’s why we will never be fine.

fadhilz123

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Quote from: lizarder on November 15, 2022, 03:51:07 PM

Now that people are realizing that the concept of Bitcoin is far more relevant when compared to fiat money exchange rates, there is still a lot of debate that shouldn't be happening, but bitcoin has proven its strengths to date.

There's really nothing to argue about with Bitcoin because Bitcoin basically doesn't make mistakes. The decline and increase that occurs in Bitcoin is the work of traders and buyers because they make supply and demand as they desire in their hearts.

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The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.

The world will be fine if greedy people and those who are good at making politics and FUD disappear in this world. But it's really difficult to lose or get rid of because the desires and intentions of each person are always different so that it always gives birth to different opinions on the same matter.

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If you look at the condition of bitcoin at the beginning of its emergence, you can imagine how the public reacted to this situation, then what should we worry about just because things haven't improved, everyone who has followed the process of Bitcoin's journey, this is not a big problem anymore. We have so enjoyed whatever conditions occur in Bitcoin.

What I see over time and years on Bitcoin is the increase and decrease and increase in people who like Bitcoin, that's all and that's also apart from those who often make FUDs against Bitcoin which basically they also like Bitcoin, but because they don't want to buy at a higher price, then in the end they started to make FUD and also started to create a little conflict so that people who had clung to Bitcoin began to panic and sell the Bitcoin they already had.

lizarder

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Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.

Now that people are realizing that the concept of Bitcoin is far more relevant when compared to fiat money exchange rates, there is still a lot of debate that shouldn't be happening, but bitcoin has proven its strengths to date.

Quote

For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.

The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.

Quote

For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

If you look at the condition of bitcoin at the beginning of its emergence, you can imagine how the public reacted to this situation, then what should we worry about just because things haven't improved, everyone who has followed the process of Bitcoin's journey, this is not a big problem anymore. We have so enjoyed whatever conditions occur in Bitcoin.

nara1892

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Quote from: Reid on November 11, 2022, 07:43:20 PM

Positivity. This is a rare opportunity to buy again at a cheaper price. I will take it without a doubt although there may be reasons for another dump to come.
Creating a plan may be the best idea for this type of unsure market. Slow buying part by part until we hit that rock bottom.
Afterwards, there will be nowhere to go but just up. It's not easy to be in a position where we are having difficulties to buy Bitcoin because its expensive.
I've been there and I cannot even release my funds as regret emotion keeps on stopping me.

Always optimistic is the way I deal with such situations. If we don't have a strong mentality, we will be shaken by negative narratives about the current situation, especially when looking at the market. You are right there may be other reasons for the next dump to happen but if we are too scared about it then we will not take any real action and only speculate about what will happen in the end we will miss when the bull market comes along. Honestly, this is very draining, but again if we have positive thoughts like what you say, then it will help and make us calmer in dealing with this difficult situation. Precisely if we think about the opposite it will make us even more down.

yudi09

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Quote from: sana54210 on November 11, 2022, 12:38:02 PM

Those people see this drop as a bad thing because they couldn't profit but in reality, if they waited a bit more than they could have bought and profit from it. Just wait, that is the key aspect to crypto profiting, wait for it to happen and it will eventually go super high.

That's what we need is to wait for a little longer time. That's why we say that we need time to self-isolate for a while after keeping our keys in a safe place while preparing ourselves to welcome the new year.
That is, we need to consider this decline not a bad event but a good opportunity to increase the volume of Bitcoin as a future investment asset.

Reid

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Positivity. This is a rare opportunity to buy again at a cheaper price. I will take it without a doubt although there may be reasons for another dump to come.
Creating a plan may be the best idea for this type of unsure market. Slow buying part by part until we hit that rock bottom.
Afterwards, there will be nowhere to go but just up. It's not easy to be in a position where we are having difficulties to buy Bitcoin because its expensive.
I've been there and I cannot even release my funds as regret emotion keeps on stopping me.

STT

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World GDP is positive, and Dollar has inflation which means assets rise

Quote

Dollar exchange rate strengthened.

Yet prices in Dollar are not dropping as to be expected with a currency gaining value. All thats happening is dollar has some inflation and other currencies perhaps alot more but all FIAT paper is suffering losses which makes any useful asset with utility likely to fair better then plain cash for the ordinary citizen.

The main reasoning for Dollar to rise are the losses in YEN and EURO, the two latest counter parties to Dollar index. Europe has war conditions to their commodity pricing possibly bringing retraction to economies and YEN has demographic generational problems with its growth and the currency is broken thanks to excessive new currency issued by their central bank. Its quite likely YEN fails to some extent it wont be worth retaining.

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Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

I think we’ve seen peak dollar already. It’s broken it’s uptrend and stocks have all started rising as a result of the lowered inflation expectations. It’s possible that we’ve seen the worst of the cycle with the crash in tech stocks. If job losses can be contained and wages rise significantly as inflation is accepted by consumers then we might see the markets avoid another massive drop. I have hope. This doesn’t feel as bad as 2008, but it’s possible we’re still early.

Hamphser

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Quote from: Vinaa77 on November 11, 2022, 03:45:48 PM

Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

The current state of crypto is not for the first time. If they have been in crypto investing for a long time, of course they already understand this condition. They will not panic with the sudden drop in crypto prices. Even some of the previous discussions have also predicted that Bitcoin will be dumped. So no need to panic, it just takes time to come back. Of course if the price of Bitcoin weakens, then the value of the dollar will be strong.

There are really just people whom do really just make out these kind of reaction whenever the market do really make a movement something like this which isnt really that something surprising specially into those

who dont have much sufficient experience within the market.You would really make yourself easily get freaked out whenever the market does have that dumping state which is really a very common
impression or reaction on someone who does really expect or anticipate that they could make out some money.Speaking about economic matters then it cant really be avoided for us not to make
some connect of dots.This is why on the time that you had able to make yourself learn and experience on how things works then you would be able to bare up the condition and wont
easily panic out on certain conditions or situations.The world is not really doing well, inflation and recession is always on the corners.

indah rezqi

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Quote from: Vinaa77 on November 11, 2022, 03:45:48 PM

The current state of crypto is not for the first time. If they have been in crypto investing for a long time, of course they already understand this condition. They will not panic with the sudden drop in crypto prices. Even some of the previous discussions have also predicted that Bitcoin will be dumped. So no need to panic, it just takes time to come back.

I can imagine a situation like this wasn't exactly what I expected after seeing ATH last year. The price of bitcoin dropped so significantly that the panic wasn't really preventable. The problem is that bad fundamentals influence traders to release their bitcoin at a low price so that the candle continue to be red for some time. Well now we are at -76% of ATH, while the market is still not recovering due to its poor fundamentals.

Quote from: Vinaa77 on November 11, 2022, 03:45:48 PM

Of course if the price of Bitcoin weakens, then the value of the dollar will be strong.

There should be no correlation between bitcoin and the dollar, it's very different in my opinion. The dollar strengthened due to the impact of the increase in US Central Bank interest rates which affected the high demand for dollars among investors. Yes, there is a domino effect, of course, because there are quite a of investors taking advantage of this situation for their benefit.

Vinaa77

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Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

The current state of crypto is not for the first time. If they have been in crypto investing for a long time, of course they already understand this condition. They will not panic with the sudden drop in crypto prices. Even some of the previous discussions have also predicted that Bitcoin will be dumped. So no need to panic, it just takes time to come back. Of course if the price of Bitcoin weakens, then the value of the dollar will be strong.

sana54210

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Quote from: yudi09 on November 10, 2022, 03:22:48 AM

Quote from: $crypto$ on November 09, 2022, 02:08:57 PM

Quote from: yudi09 on November 09, 2022, 02:27:42 AM

We can't deny that there are those who feel happy about the decline in the price of Bitcoin. They will always try to make the price of Bitcoin decrease so that they can collect it in large quantities. This is a classic method that is still relevant for them to apply.

There are those who don't like Bitcoin because they want a deeper decline there are also those who are happy with this decline because they want to buy more at a time of dip, this is often the case but in times like this many people will panic and they stay in a stable coin while the pope has prepared a bag to buy it, so in this case we must be smart and ready to survive with the bitcoins that we have.
I believe the decline in crypto market prices is frustrating a lot but I'm sure it won't last long and we can recover.

They continue to applaud witness this decline.

Such purchase price quotes are so cheap. This will be a good opportunity to buy. If in conditions of price reduction there are still those who sell, then they really do not take advantage of the greatness of the thoughts they have.

You're right. Just come to the market in 2026. At present we need to prepare for temporarily alienating ourselves.

That is the type of investment I make. I buy now and come back years later and see my profit and feel happy about it. I understand that not many people feel that much great about the situation but the reality is that the price being low equals to a lot of profits years later. Most people want to see profits right away, today if possible and we all know that’s not possible.

Those people see this drop as a bad thing because they couldn't profit but in reality, if they waited a bit more than they could have bought and profit from it. Just wait, that is the key aspect to crypto profiting, wait for it to happen and it will eventually go super high.

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Quote from: JoyMarsha on November 10, 2022, 04:50:50 PM

Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

You can't find us here if you don't like and support bitcoin. Bitcoin is the best thing that happens to us all. The world can only be ours when bitcoin is widely accepted globally

Our minds in understanding a person's intentions must also be broad. Like the creator of Bitcoin (Satoshi Nakamoto) who has a very far point of view in creating Bitcoin in the midst of a chaotic economic system.

We are aware that we are still newbies who still need guidance from members who are more experienced in carrying out activities.
If we can understand with positive intentions towards a thought that is poured in written form by members like us (newbies), then we believe it will be very easy to convey to the public outside the forum.

Sorry for getting off topic. What we know here is that it requires writing skills and understanding skills.
Our habit of welcoming someone here will be a reflection of us in welcoming people outside the forum.
The more newcomers here who are greeted with a warm welcome, the more people outside the forum will gain knowledge about the conveniences and advantages of Bitcoin.

JoyMarsha

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Whether the dollar rate is increasing or not, many bitcoiners don't care to know about the dollar rate because their whole focus and intent are to see bitcoin skyrocket. They keep buying and hodl bitcoin till the bull season is over.

Quote from: BTCGalaxyA12 on November 08, 2022, 03:23:15 PM

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

You can't find us here if you don't like and support bitcoin. Bitcoin is the best thing that happens to us all. The world can only be ours when bitcoin is widely accepted globally

Baofeng

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Anyhow, with the recent crash and a new all time low, it seems that BTC has already recovered, back to $17,500. Probably this is just another shake out although it is not due to BTC but to some shitcoin who can't recover and CZ supposedly wanted to help that fizzled out in the last minute

So the world will continue to roll I guess, when inflation and dollar weakening, I think everyone will still survived. The Covid-19 put the world in a standstill but guess what, we are back to normal again but might take another 2 years for everything to settle down and bounce back.

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