This Isn't Manipulation - page 2. | Bitcointalksearch.org

eaLiTy

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Quote from: Newchanka on January 18, 2019, 09:50:46 AM

Do you think there is enough awareness for Bitcoin and other leading cryptocurrencies. I really do not care much about all the others but Bitcoin must be supported for global adoption. Those of us that have benefited from the coin will have much more to gain in terms of value. Global commerce will gain in terms of reduced restrictions.

I really hope that we had one coin to pursue in this market and we all have to fulfill one goal to use that coin globally, but that is not the case now, we have thousands of coins and tokens combined and it is a divide and rule kind of policy which will not sustain for a long time, yet this is a billion dollar market and the top coins will survive the test of time.

Quote from: Newchanka on January 18, 2019, 09:50:46 AM

But the coin community isn't really doing enough save sitting around and waiting for centralized authorities to determine the trend. The reality is that governments map out policies that favor their fiat, so should the community.

Bitcoin started out to be a digital currency which is above the central authorities of any specific country but things are changing rapidly and most of them are waiting for the regulation to take place, the major fault is the abundance of ICO and other shitty projects which started in the mean time just to take advantage of the new market.

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Quote from: detector on January 20, 2019, 08:55:36 AM

Quote from: Sithawaka on January 20, 2019, 08:43:43 AM

... if we users can do something as a community to promote bitcoin to increase its adoption it will help tremendously to continue its demand in the financial field and online businesses and I think it is something essential these days

Without us, trader, bitcoin is nothing

That's the whole point about cryptocurrencies

And how perverted it is. If Bitcoin is nothing without traders, it pretty much means that it is useless and worthless in real life and all of its value comes through speculation. Basically, it turns Bitcoin into a pyramid scheme where you can profit only by selling coins to someone else, i.e. not via real utility. Compare this to real assets like oil, for example. Would it be useless without speculators? Most likely, it would only be more valuable as its market price would reflect its real value, without speculative discounts or premiums

Quote from: Indamuck on January 20, 2019, 09:18:40 AM

Traders do add a lot of value to bitcoin by providing liquidity

This is speculative value and it mostly adds to volatility

Indamuck

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Quote from: detector on January 20, 2019, 08:55:36 AM

Quote from: Sithawaka on January 20, 2019, 08:43:43 AM

... if we users can do something as a community to promote bitcoin to increase its adoption it will help tremendously to continue its demand in the financial field and online businesses and I think it is something essential these days

Without us, trader, bitcoin is nothing.
We as the trader control bitcoin value , but I can confess that we can control bitcoin because we all know that bitcoin value depend on supply and demand so that's why the value still volatile until now

Traders do add a lot of value to bitcoin by providing liquidity. All these trading bots getting cents for rapid trades help the market. The market is volatile but I believe the recent crash from 6k was mainly due toe the Bitcoincash Hash war between Ver and Wright. Many bitcoins were dumped to pay for that war and it caused a further sell off by other investors.

detector

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Quote from: Sithawaka on January 20, 2019, 08:43:43 AM

... if we users can do something as a community to promote bitcoin to increase its adoption it will help tremendously to continue its demand in the financial field and online businesses and I think it is something essential these days

Without us, trader, bitcoin is nothing.
We as the trader control bitcoin value , but I can confess that we can control bitcoin because we all know that bitcoin value depend on supply and demand so that's why the value still volatile until now

oudekaas

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I have my own cafe and tried to integrate bitcoin as a payment. On the next week comission came to me and said if I wouldn't remove bitcoin, they will froze all my banks deposits and gave me a fine to pay.

Sithawaka

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It is true there the awareness level about btc is not significant when comparing with other cryptocurrencies due to lack of a centralized party to push bitcoin into a successful path bitcoin adoption rate remains very slow even than some altcoins which were introduced very recently but if we users can do something as a community to promote bitcoin to increase its adoption it will help tremendously to continue its demand in the financial field and online businesses and I think it is something essential these days

Inosend

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So what do you call it then? Though the market seems little stable this January

Yamifoud

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Quote from: BitHodler on January 19, 2019, 06:25:04 PM

Quote from: maianh09 on January 19, 2019, 11:51:46 AM

You should be aware that wealthy people easily manipulate Bitcoin. If everyone likes to use Bitcoin and it becomes a global payment solution and who owns Bitcoin in large numbers will become a powerhouse of person? Be aware of this because it significantly affects us.

And there we have another claim of manipulation, but again, without anything to back it up. Mind explaining why you think that people with more money than you 'easily' manipulate Bitcoin?

Owning a lot of Bitcoins as whale doesn't necessarily grant you an advantage here. It does motivate you to contribute to the market in order to protect and maintain value, but manipulation certainly isn't part of that.

To add, with so many different large exchanges, you as whale have even less power to move the overall market, because there is always someone else with deeper pockets than you and with different plans.

The market today seems to have a huge different form previous years( might say 5years ago). People have look to it as a progressive market and truly it is but its price fluctuations makes a huge changes. No one could assure now that tomorrow is a big day or not. Manipulation takes place when some big personalities came here and do business, but it couldn't be enough to make big change and controlled the market. It is just a normal activities around.

rubixcryptoexchange

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IMO, it's just a matter of time before bitcoin or potentially another cryptocurrency becomes the main trading currency. It might even be unavoidable. Can't wait to see.

BitHodler

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Quote from: maianh09 on January 19, 2019, 11:51:46 AM

You should be aware that wealthy people easily manipulate Bitcoin. If everyone likes to use Bitcoin and it becomes a global payment solution and who owns Bitcoin in large numbers will become a powerhouse of person? Be aware of this because it significantly affects us.

And there we have another claim of manipulation, but again, without anything to back it up. Mind explaining why you think that people with more money than you 'easily' manipulate Bitcoin?

Owning a lot of Bitcoins as whale doesn't necessarily grant you an advantage here. It does motivate you to contribute to the market in order to protect and maintain value, but manipulation certainly isn't part of that.

To add, with so many different large exchanges, you as whale have even less power to move the overall market, because there is always someone else with deeper pockets than you and with different plans.

maianh09

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Quote from: Newchanka on January 18, 2019, 09:50:46 AM

Do you think there is enough awareness for Bitcoin and other leading cryptocurrencies. I really do not care much about all the others but Bitcoin must be supported for global adoption. Those of us that have benefited from the coin will have much more to gain in terms of value. Global commerce will gain in terms of reduced restrictions.

But the coin community isn't really doing enough save sitting around and waiting for centralized authorities to determine the trend. The reality is that governments map out policies that favor their fiat, so should the community.

I have started seeing the coin community as the custodian of Bitcoin and its success. I think we should take the bull by the horn and effectively market the coin like a business. This post for instance shows how ICOs can market their tokens like real business entities. By extention, Bitcoin enthusiasts should find ways to promote the coin for massive adoption. Fiat is business to governments. Bitcoin should be business to us.
https://cryptoinfowatch.com/a-clickfunnels-review-automating-your-ico/

You should be aware that wealthy people easily manipulate Bitcoin. If everyone likes to use Bitcoin and it becomes a global payment solution and who owns Bitcoin in large numbers will become a powerhouse of person? Be aware of this because it significantly affects us.

AAKODI

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What you have mentioned is very true and manipulation will always exist and this is not a problem just for bitcoin market but it is common for any other because today majority of people try to gain profits from anything and some go to the extend of doing manipulation and like you have mentioned if bitcoin wants to change its path it is our responsibility as its users to change it to become successful because bitcoin on its own cannot do anything as a decentralized currency

gilangIDR

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Current situation in market cryptocurrencies cannot be separated from manipulation, manipulation will always exist because there is no clear regulation in regulating cryptocurrencies. Manipulation will always exist when there are still some people who do have a goal to gain profits by utilizing the panic of many people. So this is where we have to know and learn to be patient because manipulation will have an impact on people who cannot be patient.

Canoppo99

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Project behund the ICOs are real business, ofcourse they have to promote their project and it should has CMO. Do you think that people will leave bitcoin because of those new altcoins? Ofcourse no. If we depend on altcoin it means that we depend on the developer, if the developer fail then we are in the big problem but if we depend on bitcoin then actually we depend on the community and it's technology. We sure that this technology could solve many problem in term of transactions and economy. We don't need central authority for bitcoin.

deisik

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Quote from: coolcoinz on January 18, 2019, 10:40:27 AM

Great slogans, but that's all they are. If you try to persuade me to use an electric car I'll just laugh, because a typical electric car costs 3 times more than a similar one with a petrol engine.
It's the same situation with advertising Bitcoin. I'm telling people around me about it and I'm always up for discussion, but I'm not going to spend money on advertising it in the media. I'm not that dedicated and I'm not that rich. Maybe some millionaires, the ones who sold at 20k could step in?

I don't think it is a good idea overall

Really, why would you want to advertise a currency? Have you seen anyone advertising the US dollar (or Russian ruble, for that matter)? The whole idea as such looks fruitless and useless to me. If a currency is good and superior to its competitors, people will use it, otherwise it is no use advertising it in the first place. If anything, we should spread the word about useful services using Bitcoin, but ultimately, it is still the job for those who offer these services, not us, the consumers

Kakmakr

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This is something that most people have been saying for years, but a lot of people just kept on doing nothing. Well, a lot of them are continuously moaning about the drop in the price and some are even blaming others that are doing something. Shocked

Get your ass off that chair and start doing something to spread adoption. Tongue

Individuals can make a huge difference. Wink

freedomgo

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We are already promoting but only at our best capacity, by being active in this forum and helping this community grow, it's already a way to promote bitcoin. It was the government made the bitcoin's popularity now because they want to regulate us, and for me, popularity does not mean the price should rise easily because it will take time, it's about investors confidence as at the current stage, investors affect the price more compared to the regular user of the coin.

vv181

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Bitcoin does not need to be promoted, and mass adoption could achieve without focusing too much on advertisement. Just look back at how Bitcoin started, no single promotion is required, it is just the mainstream that aware how potential Bitcoin technologies are. We just need to continues to develop Bitcoin, and as the time goes by some user have an increase the awareness of how corrupt the system is, and how could Bitcoin fix that.

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Quote from: YuginKadoya on January 18, 2019, 11:46:36 AM

People had a lot to learn about this kind of market we can not just let someone chew on this kind of information and if he feels the need to just spit it because he burnt his tongue that is not the right thing to do, I really think the right way to present this is if certain people that have already have knowledge of this kind of market would gather help from one another but I really think that would happen because many enthusiasts really want to be unanimous in this kind of thing.

It's because lots of newbies entered with the wrong mindset in the first place, that's why when they can't take the heat, they immediately went on because they will easily be burned here. For me this community has done so much to really raise awareness, its that people really don't care because they're in just for the money and greed.

ranman09

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Unless I own a business that revolves and needs bitcoin to live then I might spend much money to advertise it. But as of now, I am not. So I think the basic usage and showing people that this is what I bought with bitcoin is a small but successful word of mouth advertisement.

Just do our part.

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