Topic: This is Why you Should Worry! (Read 714 times)
Well, I’m speechless. Everything you said is true. Everyone invests at their own risk so you cannot blame anyone if they encouraged or discouraged you or for brainwashing you. Its all in our own decision. So if we fail we dont blame anyone for our own loses. We are not driven by other people’s opinion and decision, we decide on our own so whether bitcoin lives or dies it is not determined by anyone speculations or assumptions.
If you can't forsee the future, you look back to reach some solutions and figure out what will happen. What's wrong with this. Early patterns of crypto or bitcoin market means a lot for who want to see. Technical analysis was born from this and is based on it.
Crypto is a venture capital investment, and there are no guarantees for investors to participate. In finance, you control your money, and you make every decision. Although Crypto has a lot of risks, it gives the investor a significant return. Things are not as good as what you know.
Many say don't worry, bitcoin price goes down and always come back up.
In fact, we have to worry mainly about the regulations and these regulations will eventually reach the mining sector and that will be another big problem that we will see in the future. I do not understand about the technical aspects of bitcoin, but it is obvious that in the future governments will not allow mining or miners will have to use more sophisticated equipment and will have to find other sources of electricity that are cleaner and cheaper and will have to dealing with a lot of red tape. I do not know if this mining sector will be profitable in the future and if will be some future
New Factors
BTC Energy Waste is worse than ever, requiring permits from Government Utilities
Miners have multiple forks to choose from, BTC, BCH, BSV , no longer limited to BTC only as in the past.
BTC is seeing less transactions usuage not more.
Other coins are used as offramps into FIAT now, in the past bitcoin was the only one.
Billionaires are fighting over which fork is the real bitcoin, in the past they all supported only BTC.
These variables can have a massive effect on BTC Future.
BTC Energy Waste is worse than ever, requiring permits from Government Utilities
Miners have multiple forks to choose from, BTC, BCH, BSV , no longer limited to BTC only as in the past.
BTC is seeing less transactions usuage not more.
Other coins are used as offramps into FIAT now, in the past bitcoin was the only one.
Billionaires are fighting over which fork is the real bitcoin, in the past they all supported only BTC.
These variables can have a massive effect on BTC Future.
yes, they are radical changes and deserve all attention, things have changed a lot in the last years and it will be necessary to look carefully at these changes. governments are not reliable
Because I would worry about something I was waiting for? the best thing that can happen for cryptos is to stop using them as a currency to fatten in value, it is not digital gold, it is simply a currency that should be used for transactions, in the end if the btc reaches $1 it would not matter, as long as it continues to be used for international transactions.
If we are talking about shorting, that train left the station. The ones that placed short, did it way back. There is no need to talk about short positions considering the latest information from the market and the price of bitcoin that is going up according to the last information that I saw. We already passed 4k if I am not mistaken. Why would not this be a perfect moment for the newcomers to start from the beginning and buy now. The price will go up deff. I highly doubt that it will ever reach 20k again but something around 10k is completely reasonable to me in some long time period.
Don't you think we don't know that already? The ones who are being fooled by now are people who are new to the market where they think they could create easy money without any knowledge on how to trade. You are right what we are doing is not an investment but merely an speculation but the good thing is even if we can't use fundamental analysis in our planning the technical side of Bitcoin is pretty much reliable, so if that is what you mean by self observation then you are right as well. Other than that is just a way of gambling your money without any basis.
There are numerous views to this issue. The initial design of bitcoin is for it to serve as personal banking not necessary for investment. Apparently it is now serving more than this purpose and altcoins have emerged to join the crypto world. Bitcoin have been there for years before altcoins. Basically, bitcoin took the lead and have gained ground. It is rare to see any fiat to crypto / crypto to crypto exchange without bitcoin. The two major scenarios is (1) effect of altcoins on bitcoin, and (2) effect of the community on cryptocurrencies. The second scenario is the most critical. If people are loosing interest in cryptocurrency it will affect bitcoin as well as others. For years to come I don't see altcoins being the reason for the drop in value in bitcoin. In synopsis, so long the community believe in cryptocurrency, bitcoin value will still come up appreciably, but can we have the patience?
People who post here that says "dont worry" is not an actual fool. Don't buy anything you don't believe in! Now if in case you believe the technology behind it then don't be afraid. Everyone knows crypto currencies are volatile and as much as we learn to read charts TA and what not prices will vary because that is just the way it is.
Of course, nothing can assure us that bitcoin will recover, but if we really believe in the technology and what we can create with the blockchain, we would have no doubt that sooner or later the price will improve, maybe not a rise as in previous years, but I think it will be enough to recover our investment.
You said it yourself dude. No guarantee of future results. So you also can't be sure that bitcoin will not recover and exceed previous values. There are people like me who believe that the technology bitcoin brings will make sure it has a place in the future and that's why short term crashes like this don't seem to worry us that much.
True, there is no guarantee that bitocin price won't soar again and there is no guarantee that bitcoin will die. He only asks the reverse sides while forgot the possibility at the other ways. We as bitcoin supporters sure will keep believe that the price will moon again someday.
Many say don't worry, bitcoin price goes down and always come back up.
The problem with that statement is this,
It has always come back up UNTIL NOW!
There are no guarantees it will come back up or even a guarantee it can't die.
Past Performance is NO Guarantee of Future Results!
Is their a guarantee that BTC price increases, NO.
Is their a guarantee that BTC dies, NO.
There are NO FUCKING GUARANTEES !
It is a Speculative Investment , not a religion, that you throwing misplaced faith at , will make any difference.
All of these post calling for btc believers are merely calling for idiots to hold , while they trade to earn profit.
btc is not a store of value, don't believe the hype.
Make your decisions based on your OWN OBSERVATIONS, don't listen to unsupported authorities that goal is to profit off of your lack of research.
FYI:
One Major Difference that only exists now and did not exist in the past history.
The Exact Same ASICS Miners can choose between 3 different Bitcoin Forks , BTC / BCH /BSV ,
that is new and investors should make their own observations of what influence that can have on future results.
Fork Profitability is a major factor in the miner's choice of which coin to support.
The problem with that statement is this,
It has always come back up UNTIL NOW!
There are no guarantees it will come back up or even a guarantee it can't die.
Past Performance is NO Guarantee of Future Results!
Is their a guarantee that BTC price increases, NO.
Is their a guarantee that BTC dies, NO.
There are NO FUCKING GUARANTEES !
It is a Speculative Investment , not a religion, that you throwing misplaced faith at , will make any difference.
All of these post calling for btc believers are merely calling for idiots to hold , while they trade to earn profit.
btc is not a store of value, don't believe the hype.
Make your decisions based on your OWN OBSERVATIONS, don't listen to unsupported authorities that goal is to profit off of your lack of research.
FYI:
One Major Difference that only exists now and did not exist in the past history.
The Exact Same ASICS Miners can choose between 3 different Bitcoin Forks , BTC / BCH /BSV ,
that is new and investors should make their own observations of what influence that can have on future results.
Fork Profitability is a major factor in the miner's choice of which coin to support.
You said it yourself dude. No guarantee of future results. So you also can't be sure that bitcoin will not recover and exceed previous values. There are people like me who believe that the technology bitcoin brings will make sure it has a place in the future and that's why short term crashes like this don't seem to worry us that much.
I agree that it can be used for the future of crypto that it was successful in the past but if we think rational some time things good in the past but they are useless in the future but in the case of crypto it is the modern era currency and due to this we can say that crypto will more valuable in the future and now we can not predicts it's true value but due to it's features it can make the world more reliable and fast.
No one knows in this world, what will happen, but the price might be stable around 5k as per my belief.
In fact, no one can determined what will be the price of bitcoin in market and anything is possible and anything can be change instantly. Like what happen last few days where the price of bitcoin is dropped below $4k but this time it return to $4k.
Who's worrying exactly?
The price is either going to rise, or go down, that we can be certain of.
The price is either going to rise, or go down, that we can be certain of.
just agree with you xD , digital trading doesnt have any guarantee lmao , if they did everyone will be rich , its just about your prediction and the action you doing
yes you are right there are no guarantees for the future, all people maybe can make a speculation, but how about the accurate? is this 100 accurate? when i read about the people's speculation, i think that it will not happen, but in other side i believe that it will happen. i dont know about my mind.. haha
Yes, there is no guarantee that bitcoin will increase and cannot be sure that bitcoin will die, the future is like a puzzle and everyone can only predict. I am not too concerned about all the predictions, and I will remain in my choice to hold bitcoin in this setback.
Many say don't worry, bitcoin price goes down and always come back up.
The problem with that statement is this,
It has always come back up UNTIL NOW!
There are no guarantees it will come back up or even a guarantee it can't die.
Past Performance is NO Guarantee of Future Results!
Is their a guarantee that BTC price increases, NO.
Is their a guarantee that BTC dies, NO.
There are NO FUCKING GUARANTEES !
It is a Speculative Investment , not a religion, that you throwing misplaced faith at , will make any difference.
All of these post calling for btc believers are merely calling for idiots to hold , while they trade to earn profit.
btc is not a store of value, don't believe the hype.
Make your decisions based on your OWN OBSERVATIONS, don't listen to unsupported authorities that goal is to profit off of your lack of research.
FYI:
One Major Difference that only exists now and did not exist in the past history.
The Exact Same ASICS Miners can choose between 3 different Bitcoin Forks , BTC / BCH /BSV ,
that is new and investors should make their own observations of what influence that can have on future results.
Fork Profitability is a major factor in the miner's choice of which coin to support.
Seems like you really got disappointment. Did you lost everything or something? From the beginning, I think people have understood about the risk of investing their money in bitcoin. No guarantee for the price, when and how it goes up or down, and I think it's common. It also common when people suddenly lose hope and change their mind (like you perhaps) and find their way back or even walk out. It becomes people's decision to think and finally choose, you don't need to grab people's attention with your frustration. Once more I say, people who join has already know the risk, and they take it. Make your own decision without making people stress out as well. The problem with that statement is this,
It has always come back up UNTIL NOW!
There are no guarantees it will come back up or even a guarantee it can't die.
Past Performance is NO Guarantee of Future Results!
Is their a guarantee that BTC price increases, NO.
Is their a guarantee that BTC dies, NO.
There are NO FUCKING GUARANTEES !
It is a Speculative Investment , not a religion, that you throwing misplaced faith at , will make any difference.
All of these post calling for btc believers are merely calling for idiots to hold , while they trade to earn profit.
btc is not a store of value, don't believe the hype.
Make your decisions based on your OWN OBSERVATIONS, don't listen to unsupported authorities that goal is to profit off of your lack of research.
FYI:
One Major Difference that only exists now and did not exist in the past history.
The Exact Same ASICS Miners can choose between 3 different Bitcoin Forks , BTC / BCH /BSV ,
that is new and investors should make their own observations of what influence that can have on future results.
Fork Profitability is a major factor in the miner's choice of which coin to support.
Your statement is absolutely flawed in so many ways. People should only look at the history of the Bitcoin price to see that it has a recurring trend of bouncing back from price collapses like this. Yes, there are NO guarantees, but what high risk investment, gives guaranteed results? 
Looking at the growth potential and the businesses that are built around Bitcoin, I still think that a price correction is near, but we should never promise anything to "new" investors. 
Looking at the growth potential and the businesses that are built around Bitcoin, I still think that a price correction is near, but we should never promise anything to "new" investors.
You say
Quote
People should only look at the history of the Bitcoin price to see that it has a recurring trend of bouncing back from price collapses like this.
You admit their are no guarantees, but the very 1st thing you did was Imply their was one with your opening statement.
As if it is guaranteed, Past History is not a guarantee of Future History.
If you are investing money and lose ~80% of it in less than a year, a person should worry, they be a fool not too.
Whether they hold, buy, or sell is their choice, but their decisions should not be tainted by false faith in a past history that may or may not repeat itself.
Especially considering the factors that exist now, that have never existed before in btc history.
New Factors
BTC Energy Waste is worse than ever, requiring permits from Government Utilities
Miners have multiple forks to choose from, BTC, BCH, BSV , no longer limited to BTC only as in the past.
BTC is seeing less transactions usuage not more.
Other coins are used as offramps into FIAT now, in the past bitcoin was the only one.
Billionaires are fighting over which fork is the real bitcoin, in the past they all supported only BTC.
These variables can have a massive effect on BTC Future.
Same way with your idea I guess, you do not know what is the future of BTC so quit blabbering about you know what is the next thing. It is better to have reference than not at all. So between your statement and the history of Bitcoin bouncing back, I would rather trust history than non factual statement for the future like yours.
BTC, BCH, BSV, that is no difference, there are other coins that have same algo like bitcoins since Bitcoin early years and yet Bitcoin is still here.
Hi Guys... Relax... Bitcoin still here, Crypto Market is still very active, price value on the market may goes ups and down to the year low, but it will goes ups again on the more favorable market status, Sad to note, people with a little Patient on the market Behavior often time go crazy... But i would assumed non of us here are crazy... let's wait for the market recovery, yes, it is on the market history that sometime for no reason market price value of such coin drops suddenly. this just a normal occurrence in the market, Be patient..
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