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Topic: This is why I am so frustrated with bitcoin - page 3. (Read 9239 times)

full member
Activity: 770
Merit: 126
You will only have yourself to be blame for your own investment decision. Maybe your thoughts was that one day the altcoins in which you invested will move higher in value the way bitcoin has move to the moon and it happen that the movement went against your expectation and that is why you are crying like a baby.
jr. member
Activity: 56
Merit: 5
It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.

The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.

Every altcoin has been sold off and money shoveled into bitcoin.  WHEN IS THE PAIN GOING TO STOP!

I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.

Please as an altcoin investor, please stop hurting us, this is so damn cruel.

read this mate if its complex i will rewrite you this

long but hell of wealthy information


here is how answer should be, from analyzer mind and this is how investors predict movements markets and not like the traders which is basically washed by scams like support and resistance and lines on graph movement, lines on graph cannot predict the out come future by any mean, every expert know this

20 years?Huh Hhhhhghhhg

Bro you need to work with sharp logic in anything in life and especially when you invest money,

I will try to be simple as possible .

We need go back to my explanation....

Let's say there is some demand for diamonds/bitcoins which determine the price per Bitcoin/diamonds ok,

Get it ....let's move on

If suddenly the selling rate of diamonds/bitcoins fall drastically because of few reason it will surge the price and will give the illusion that demand is was grew, and why it's give this illusion it's because price grow almost always by demand BUT here the selling rate of Bitcoin/diamonds just fell drastically and this is the reason why the price surge,

Now let's split the example...

Diamonds are only store of vaule most of the time and you cannot buy with them home,clothes,cars and so on you must to SELL them which hurt this industry...

Compare to bitcoins which act as store of value and money which mean compare to diamonds(don't get lost)

With Bitcoin you can buy directly and not SELL them like diamonds/gold which must be converted to cash, and when selling rate fall it surge the price per coin very simple, ...and startup like zeex from Israel and other which soon going to pop , another startup like this come from japan and it will help us to buy all the brands and almost anything with crypto which lead us to the first my explanation...

If the selling rate going fall drastically it will surge the price per coin and smart investors know all this shit, they know when he will surge by this sharp logic/factors(THE ANALYZER), remember diamonds/gold the selling rate will nevr will fall and only grow because its will never accepted as payment/cash and hence people need to sell them in order to buy cars,clothes,and other shit,,,,and when you sell you hurt the value but when you buy it dosent hurt the value and even surge the price.

So zeex already come and we will buy almost anything with  crypto. Soon you will see snowball effect it's around 1-3 years ...and you say 20 years???, Why and what without any deep understanding of economy.

Now let's move on....after we know one factor which surge the price per coin and market cap is fucked here when the selling rate fall and not cause because more demand comes but it give the illusion that demand grew but ironaclly it's just selling rate fall nothing more, and surge the price per coin.

Don't forget and don't get lost ....selling rate cannot fall in diamonds/gold because they pure store of value and stores,brands and so on don't accept it, it's mean you always must SELL in order get some kind money which accepted everywhere.

Let's go on...don't get lost....

So selling rate of crypto soon going to fall drastically from simple understanding that startups like zeex and other help us buy anything with crypto and when you BUY you don't hurt the price/value it's called exchange...

sum it in short:
1. must be low supply for this factors to work, because if the supply is to much big the demand will never be bigger then supply and will lose value over time.

2. when selling rate fall in bitcoin,diamonds, whatever its surge the price up, and give the illusion that demand grew but in reality nothing moved in demand its just people dont sell it, but with diamonds/gold it cannot happen because the selling rate will only grow and must converted to some other value(cash) that accepted in brands,cars,houses and so on...hence its hurt this industry...while bitcoin is act as store of value and cash,

3. after we know that when selling rate will fall and will surge the price of the bitcoin and other crypto with ONLY LOW SUPPLY, and give the illusion that demand grew yet ironically its just the selling rate fell and this is the reason why the price surge per coin, why it give illusion that demand grew its because the price almost always grew by demand but in this situation it grew because the selling rate fell drasticlly

4. now when the selling rate will fall drastically the demand didnt move yet think what will happen if the demand also will grew in the same time selling rate fall, its lead to astronomical number price per coin,,,,very logical and why??? sharp mind know to explain why and what the reason without hype and lies so everybody can understand this.

after all this

Then demand is going to bombard soon you know why?

I will not tell why it's so damn easy but after all what you read play with your logic make it more sharp and be analyzer....

I will give a hint

There is to much space for demand in other words 7-8% inside this game but it's not the reason why demand going to bombard soon,. IT'S JUST HINT...

Why it going to bombard figure out your self

Good luck

I did my best and in very simple way

LAST POINT : ask any math teacher he will say there are much more but much more less bitcoins then diamonds or gold and there is special equation to calculate this...which...you know what Smiley)
jr. member
Activity: 56
Merit: 5
It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.

The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.

Every altcoin has been sold off and money shoveled into bitcoin.  WHEN IS THE PAIN GOING TO STOP!

I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.

Please as an altcoin investor, please stop hurting us, this is so damn cruel.

passion bro there is friction to scale peer to peer money relative to peer to peer file sharing until it adopt by business but its already here

there are startup that come from japan and israel i heard rumors also from usa but not sure for this one, which help us to make to buy crypto everything from brands to coffee and other shit Smiley))

almost everything which will lower the selling rate of crypto space and will lead to surge prices only of low supply coins without even demand will grow and market cap will not change to much Smiley))))))


the price drop because the selling rate is high people convert it to cash like gold / and diamond yet crypto is store of value like diamonds and gold and cash in the same time and only grow in price
jr. member
Activity: 42
Merit: 1
in reality, there are a lot of junk coins on the cryptocurrency market today and fraud is rampant, which undermined people's trust in cryptocurrency, and also provoked inexperienced users of cryptocurrency to inadequate actions, resulting in massive loss of personal funds.
Not all coins are frauds though...bitcoin is amazing, just frustrating but HST decision token is worth the risk for me.
member
Activity: 602
Merit: 10
Anyway, there is no fault of the cryptocurrency, in that some of us used some difficulties or losses in the cryptocurrency market.  In any case, this is all due to a lack of knowledge and experience.
member
Activity: 630
Merit: 14
in reality, there are a lot of junk coins on the cryptocurrency market today and fraud is rampant, which undermined people's trust in cryptocurrency, and also provoked inexperienced users of cryptocurrency to inadequate actions, resulting in massive loss of personal funds.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
Basically, based on your post, it is not the fault of bitcoin. I think you should blame those devs or the altcoins than bitcoin. It's the fault of the devs creating a lot of altcoins with less purpose in the community. It's also not bitcoin's fault for being the best and dominating the others because it's the first cryptocurrency that exists and set the standards in the crypto world.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
in my opinion you have the truth that bitcoin perlahat destroys small coin coins. only a few coins that do have good quality that are strong and survive in the top rank with bitcoin in the coinmarketcap. whereas other small coins are only ICO and slaughtered them into rubbish.

full member
Activity: 924
Merit: 221
Just patiently wait buddy for other coins to go high as what you have wanted. BTW, do I kno what kind of altcoins you are holding? Altcoins could have a good market price movement and that will depend on how the team market the coin like getting more partner for better demand of that coin.
member
Activity: 378
Merit: 11
You will only get frustrate when all of your coins has no price in the market. Yes, bitcoin is one of the most valuable coin that you should buy or invest all you have to do is always be patience all the time and wait for the right time to sell or to trade when it comes to your coins.
full member
Activity: 409
Merit: 100
It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.

The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.

Every altcoin has been sold off and money shoveled into bitcoin.  WHEN IS THE PAIN GOING TO STOP!

I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.

Please as an altcoin investor, please stop hurting us, this is so damn cruel.

If you hurt for real, it means there is something wrong for what you did maybe. Because as an investors if you are mature enough in this field
of crypto industry business you wont say those things like what you had mentioned in the above. I am also a crypto investors and yet I knew that I'm not being control my greediness, in fact, I'm not allowing it to be happen to me actually. Because it will only lead me into nothing and loss of my coins in the end.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
You will always feel frustrated when you are expecting too much withing a shot period of time, btc has been in existence since 10yrs ago with majority of people disregarding it and some even tag it as a scam, but suddenly everyone wants to see their alts of few months old to bring so much profit as btc Roll Eyes lol! you know there is always an option, sell your alts and put in btc, frustration will end.

It is indeed, bitcoin is a profitable coin to invest with but the market is volatile and the market is still under manipulation by the whales.
Don't expect that when you invest you will easily sell at a profit, you have to be very lucky to be able to do that, investing in crypto, not only in bitcoin but altcoins as well requires patience, therefore we need to wait until the market recovers and be more bullish as that's the right time.
jr. member
Activity: 42
Merit: 1
Bitcoin is far too dominate for my liking Cry
jr. member
Activity: 42
Merit: 1
So damn frustrated with bitcoin as it keeps on crushing altcoins like HST decision token
hero member
Activity: 2562
Merit: 577
You will always feel frustrated when you are expecting too much withing a shot period of time, btc has been in existence since 10yrs ago with majority of people disregarding it and some even tag it as a scam, but suddenly everyone wants to see their alts of few months old to bring so much profit as btc Roll Eyes lol! you know there is always an option, sell your alts and put in btc, frustration will end.
member
Activity: 314
Merit: 10
“A nexgen decentralized ride hailing ”
There is no Cruel and Unfair in this world, everything is on track, even bitcoin. If you are an investor in an altcoin then you should be patient and continue to develop your products to be known to the wider community.
I think frustration is normal in trade, especially if what is predicted is not true. The point is that expected profits do not occur, precisely the losses that befall them.
For this I have felt it and finally thought logically and casually, that bitcoin trading does not necessarily make me profitable, but if trading is managed seriously it can become a daily income. Indeed, small profits will be obtained, but it can be continuous.
member
Activity: 104
Merit: 28
There is no Cruel and Unfair in this world, everything is on track, even bitcoin. If you are an investor in an altcoin then you should be patient and continue to develop your products to be known to the wider community.
I agree. And Bitcoin, after all, is the reason we are all here, no other. In the beginning I was just focused on Bitcoin and Etherum and was very happy. I was annoyed by the avalanche of alt coins. Who need 'em!

But then after awhile I was persuaded to invest in alt coins, and when you make a profit, it's great! So you take your chances..

And then there is the other facet of it. There has to be a level of patience certainly, and also in some cases faith in the benift of the product of the a particular project. The Market is not, perhaps as, and wide open as it was just a few years ago. But it's still the wild wild west out there.

I had my time being frustrated with Bitcoin,  but now I love that long time stability. So now if it ever dips down, there you go..another opportunity.

full member
Activity: 728
Merit: 101
There is no Cruel and Unfair in this world, everything is on track, even bitcoin. If you are an investor in an altcoin then you should be patient and continue to develop your products to be known to the wider community.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
Well, i really don’t know how to answer this Cheesy It’s actually a bit funny. I mean, everyone should know every kind of risks before making a decision to enter the crypto market. Altcoins are totally another world, there are hundreds of Alts and most of them are useless. It’s actually a bit weird if we expect some profit from Alts all the time. It’s not that easy.
Not unless you are part of the team or you have insiders that will give you legit tips when will the  coin will increase or if the coin will decrease, but if there's no assurance it's hard to invest your money in a single project where you don't have any idea if which directions the project will bring your investment, more in research before taking your position.

These so called insiders could only give you such tips if they have cristal ball. Everyone knows that up or down trend can't be exactly predicted.
Anyway, frustrations because of price come from time to time but with experience on the market and when you learn how to be prepared they are easier to come through.
member
Activity: 700
Merit: 10
Well, i really don’t know how to answer this Cheesy It’s actually a bit funny. I mean, everyone should know every kind of risks before making a decision to enter the crypto market. Altcoins are totally another world, there are hundreds of Alts and most of them are useless. It’s actually a bit weird if we expect some profit from Alts all the time. It’s not that easy.
Not unless you are part of the team or you have insiders that will give you legit tips when will the  coin will increase or if the coin will decrease, but if there's no assurance it's hard to invest your money in a single project where you don't have any idea if which directions the project will bring your investment, more in research before taking your position.
we can choose bitcoin with a large market capitalization. by buying it and holding it, we wait for the profit to come. by doing technical analysis we can buy at low prices, and seeing the project plan to be implemented can reduce the risk
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