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Topic: This time its different (Read 508 times)

member
Activity: 279
Merit: 16
February 04, 2018, 02:31:22 PM
#49
Are you saying this because Facebook has blocked ads on cryptocurrencies and somehow you are thinking that there will be less people interested in it.

Well Facebook is a major social media that influences anything that exist but I think it won't affect btcoins and other clubs that much.

As long as many are already equipped with bitcoins knowledge, it will spread.  

Fake news will remain false.
We just need to focus more on the gold effects to help it develop more.

We can't do anything much about the banning and it's up to us to let them see how useful it is.
 i think it doesn't matter if facebook  banned crytpo 'cause there's a lot of ways to advertise bitcoin which is through, twitter, and youtube and etc , so no need to worry about it ,the must important is to hold and convince some friends to buy now especially those people who want to invest in real state refer bitcoin instead.   and also we need to collaborate to destroy those fuds which the main reason why the price is suffering right now.
I agree specially to dispose weak hands that kept the market so weak. Those people are ruining the industry. Just like what is happening in the forum which cleansing the shitposters that make the community worst.

This logic will only hold true for so long, if we continually shake off weak hands by allowing whales to manipulate the market with FUD then we will reach a stage where no new investment comes because investors are afraid of such a scenario. It's important to always have new money coming in, even if they are in it for the wrong reasons.
legendary
Activity: 2646
Merit: 1106
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February 04, 2018, 02:15:40 PM
#48
The ongoing scenario is not similar to that of the things that has happened in the past. In such a way, its been described by the Op. In reality from majority of people's statement it is clear that bitcoin has the potential to grow bigger and better at the shortest. Possibly each and every time the volatility will vary with the market. One such thing is the ongoing price dip and bump.
hero member
Activity: 1078
Merit: 501
February 04, 2018, 12:00:05 PM
#47
The price of bitcoin gets back before the last ATH's. Today's the price of bitcoin last year, I remember it was Oct or Nov last year before it gets higher and have a big investors. But now I don't know of there are still big investors will invest, not that we have dips. We already experience a long time of dips and we all don't know when to burst up again. It's already February 2018 by the way.
full member
Activity: 672
Merit: 127
February 04, 2018, 11:03:01 AM
#46
Are you saying this because Facebook has blocked ads on cryptocurrencies and somehow you are thinking that there will be less people interested in it.

Well Facebook is a major social media that influences anything that exist but I think it won't affect btcoins and other clubs that much.

As long as many are already equipped with bitcoins knowledge, it will spread.  

Fake news will remain false.
We just need to focus more on the gold effects to help it develop more.

We can't do anything much about the banning and it's up to us to let them see how useful it is.
 i think it doesn't matter if facebook  banned crytpo 'cause there's a lot of ways to advertise bitcoin which is through, twitter, and youtube and etc , so no need to worry about it ,the must important is to hold and convince some friends to buy now especially those people who want to invest in real state refer bitcoin instead.   and also we need to collaborate to destroy those fuds which the main reason why the price is suffering right now.
I agree specially to dispose weak hands that kept the market so weak. Those people are ruining the industry. Just like what is happening in the forum which cleansing the shitposters that make the community worst.
legendary
Activity: 2170
Merit: 1427
February 04, 2018, 09:35:29 AM
#45
This time isn't different but the people is the one who made it different.

People will never learn. I get it that noobs just having found their way into Bitcoin panic and tend to take fud for granted easily, but when even long term members act in a similar fashion, it get's a bit embarrassing, don't you think? It means that they haven't learned anything from what the market has been doing throughout the years. We have been through severe volatility before, and they still think that the volatility is a problem for the price. We have been through severe fud attacks before, and they still think that fud is damaging for the price. WTF!? Current levels are the ultimate proof that the market in the long term doesn't give a single f. about volatility and fud.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
February 04, 2018, 09:16:09 AM
#44
   Who pays people to post this kind of things? Can I get similar
job to write against Bitcoin here and to be paid for that?
   This time is different said one little member, probably he wish
Bitcoin to be $100 again so he can buy whole Bitcoin, now its
too expensive for him.
   People do not be panic-sellers and fall on this garbage. It is what
I think, this fudsters can just trol around. I am a bit annoyed cause
they do that here. Go to FaceBook and spread spam there, you will
more likely to agree Mark Zuckerberg.
legendary
Activity: 1652
Merit: 1088
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February 04, 2018, 09:04:56 AM
#43
For bitcoin to rally again it would take more than people knowing about bitcoin. It would take people USING bitcoin. It would also happen if people could buy bitcoins through the stock market (not futures).

This.

The press is starting to pick up on the fact that merchants are abandoning bitcoin:

https://www.forbes.com/sites/kenrapoza/2018/02/02/heres-one-reason-why-bitcoin-is-in-freefall/#5866497067c8

Quote
Bitcoin may be in a freefall because demand for the cryptocurrency as a usable form of payment is slipping, if not dying altogether.

At least four companies have given up on Bitcoin transactions.

...The futures market is struggling to nail a price on Bitcoin.

The normal state of the futures market is backwardation. The opposite of backwardation is called contango, meaning the nearby futures price is higher than the spot price. Supply and demand are out of sync. You see contango in markets of scarcity. Bitcoins are finite. Demand for them as a transactional currency is eroding.

Basically what he is saying is that even though bitcoin's supply is scarce, if demand is even more scarce because no-one is using it, the price drops.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
February 04, 2018, 08:40:38 AM
#42
No doubt the original poster doesn't know.   None of us know.   The same for the people saying that 'it must recover.'     The market has no 'must.'   I think it'll recover and continue to increase in value just because it's still not really mainstream, but I have also seen a lot of commodities simply just stabilize and find equilibrium.   That's actually a good thing for most currencies.  

Just think those bag holders, they'll probably won't their investment turns to dusts so they'll surely do something about this, who knows they're cooking something.
FUDS and trolling are everywhere and what the community needs the most is the people who's still believe and keep holding. This time isn't different but the people is the one who made it different.
sr. member
Activity: 1988
Merit: 283
February 04, 2018, 04:10:19 AM
#41
Are you saying this because Facebook has blocked ads on cryptocurrencies and somehow you are thinking that there will be less people interested in it.

Well Facebook is a major social media that influences anything that exist but I think it won't affect btcoins and other clubs that much.

As long as many are already equipped with bitcoins knowledge, it will spread.  

Fake news will remain false.
We just need to focus more on the gold effects to help it develop more.

We can't do anything much about the banning and it's up to us to let them see how useful it is.
 i think it doesn't matter if facebook  banned crytpo 'cause there's a lot of ways to advertise bitcoin which is through, twitter, and youtube and etc , so no need to worry about it ,the must important is to hold and convince some friends to buy now especially those people who want to invest in real state refer bitcoin instead.   and also we need to collaborate to destroy those fuds which the main reason why the price is suffering right now.
hero member
Activity: 2604
Merit: 816
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February 04, 2018, 03:52:52 AM
#40
So we've had dips before.

And I think this one has a lot further to go, don't be fueled by today's rally.

But in the past bitcoin has always come back, grown stronger, gained more followers.

But this time, there won't be new followers. Well maybe a few, but not in the orders of magnitude that have happened in the past.

Practically everyone knows about bitcoin now. Next time it upsurges there won't be the fresh blood incoming, getting carried away.

So yeah, probably the last time you'll see bitcoin near $10k, will be today.

Enjoy.



the price starts to increase and maybe what you're saying it will happen today but we want to see the price will increase more than $10k. bitcoin and altcoin today give a good sign to increase although not all coins are trying to increase and there are many altcoins trying to break the higher price. I hope that in next week we can see something different for bitcoin and altcoin so we can start to sell our coin to make a big profit.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
February 04, 2018, 02:10:10 AM
#39
For bitcoin to rally again it would take more than people knowing about bitcoin. It would take people USING bitcoin. It would also happen if people could buy bitcoins through the stock market (not futures).
copper member
Activity: 1330
Merit: 899
🖤😏
February 04, 2018, 01:45:44 AM
#38
Sniped by a beggar.

Yeh this time for me is different I can say that bitcoin will become more popular and with help of this, I can spend my earnings from bitcoin with lots of hard working and willingness to wait until the value increase and its worth the wait. Before im just an ordinary person who always focus on online games but now im enjoyinh with the bitcoin and will have a sallary too.
Enjoy your salary with a full member account for ever.

No.I disagree with you.Still bitcoin's price is much higher than its previous price before ATH when it was just around $5,000.There would be still new investors coming in to the market.

Now,bitcoin has reached to even peoples of vast region and many were waiting for such price dip and so they would be ready to buy bitcoins.

Still now,there is no such asset or stock in the world which could give such returns.So,bitcoin would not be neglected by new followers and it would be still adopted more.


Price is still much higher than $100, what about me? I bought at $20,000 where are these new followers to buy them back from me? wall street bought Bitcoins, wall street sold Bitcoins.
No mainstream is coming to save us, when wall street is buying again, price will increase, when China is buying again, price will increase.
hero member
Activity: 1666
Merit: 753
February 04, 2018, 01:03:53 AM
#37
So we've had dips before.

And I think this one has a lot further to go, don't be fueled by today's rally.

But in the past bitcoin has always come back, grown stronger, gained more followers.

But this time, there won't be new followers. Well maybe a few, but not in the orders of magnitude that have happened in the past.

Practically everyone knows about bitcoin now. Next time it upsurges there won't be the fresh blood incoming, getting carried away.

So yeah, probably the last time you'll see bitcoin near $10k, will be today.

Enjoy.



You've gotten a few things wrong here.

One is that bitcoin doesn't have as many adopters as you think. The percentage of people who even know about bitcoin across the world can still expand exponentially, let alone the amount of actual users or adopters of the technology.

Two is that bitcoin hasn't hit $10k again, but I think that it will next week.

Worst case is that this is the last pump of 2018, but I don't think that's going to happen. And even if that happens, bitcoin will definitely bounce back to a higher level in 2020-2021, when the halving happens once again.
hero member
Activity: 686
Merit: 500
February 03, 2018, 11:41:24 PM
#36
No.I disagree with you.Still bitcoin's price is much higher than its previous price before ATH when it was just around $5,000.There would be still new investors coming in to the market.

Now,bitcoin has reached to even peoples of vast region and many were waiting for such price dip and so they would be ready to buy bitcoins.

Still now,there is no such asset or stock in the world which could give such returns.So,bitcoin would not be neglected by new followers and it would be still adopted more.

full member
Activity: 350
Merit: 100
February 03, 2018, 11:28:32 PM
#35
So we've had dips before.

And I think this one has a lot further to go, don't be fueled by today's rally.

But in the past bitcoin has always come back, grown stronger, gained more followers.

But this time, there won't be new followers. Well maybe a few, but not in the orders of magnitude that have happened in the past.

Practically everyone knows about bitcoin now. Next time it upsurges there won't be the fresh blood incoming, getting carried away.

So yeah, probably the last time you'll see bitcoin near $10k, will be today.

Enjoy.


Yeh this time for me is different I can say that bitcoin will become more popular and with help of this, I can spend my earnings from bitcoin with lots of hard working and willingness to wait until the value increase and its worth the wait. Before im just an ordinary person who always focus on online games but now im enjoyinh with the bitcoin and will have a sallary too.
full member
Activity: 392
Merit: 101
February 03, 2018, 11:08:56 PM
#34
I don't agree. Sure lots of people have now heard of Bitcoin but very few have actually bought. Once the average person starts to buy Bitcoin - and there being so few of them - the price will start to rocket.
A good opinion and I agree with what you said about bitcoin because after a lot of people listen about bitcoin but very few people buy it, but if bitcoin begin to increase its purchase price automatically some people chase pursuit to buy it.
sr. member
Activity: 434
Merit: 250
February 03, 2018, 10:58:22 PM
#33
So we've had dips before.

And I think this one has a lot further to go, don't be fueled by today's rally.

But in the past bitcoin has always come back, grown stronger, gained more followers.

But this time, there won't be new followers. Well maybe a few, but not in the orders of magnitude that have happened in the past.

Practically everyone knows about bitcoin now. Next time it upsurges there won't be the fresh blood incoming, getting carried away.

So yeah, probably the last time you'll see bitcoin near $10k, will be today.

Enjoy.


I guess it does not don't get and follow the dump of price in bitcoin is just a swing of prices in my opinion because the era of bitcoin is done this is the best time for the investor to invest their money in and that means in the coming years the bitcoin will pump again will the higher prices that will be sure in my opinion. Bitcoin will pump in the coming years that will be sure so still hold your bitcoin will you don't have anything to buy but remember panic selling will just pump the market down.
jr. member
Activity: 44
Merit: 10
February 03, 2018, 10:58:06 PM
#32
I think that November brought a lot of new investors.  Those new ones have probably lost money and cashed out.  They will be reluctant to jump back in.  The key is adoption.  The dream of getting rich quick might be over.  Common folkneed to see real life use. 
member
Activity: 84
Merit: 16
Begone junkers!
February 03, 2018, 10:54:49 PM
#31
If you see why the btc keep crashing is because there is split/hardfork etc the investor has split their money into many places..
Just like when you see the btc crashing.. did you see all other alts? they all join the crash..
It's because they all investing using BTC not from FIAT!
If you combine all alts volumes into one volume then you will see the Cryptocurrency is rising like crazy in the past weeks or months..
When people realized this then people will start saving their btc more then all those alts that almost all of them starting showing signs of scam or has scammed peoples..
full member
Activity: 448
Merit: 100
February 03, 2018, 10:41:47 PM
#30
So we've had dips before.

And I think this one has a lot further to go, don't be fueled by today's rally.

But in the past bitcoin has always come back, grown stronger, gained more followers.

But this time, there won't be new followers. Well maybe a few, but not in the orders of magnitude that have happened in the past.

Practically everyone knows about bitcoin now. Next time it upsurges there won't be the fresh blood incoming, getting carried away.

So yeah, probably the last time you'll see bitcoin near $10k, will be today.

Enjoy.

Known is different  from heard. There are still millions of people who doesn't know bitcoin and another millions of people who have just heard bitcoin. Those who have known  btc when it got $10k and got carried away and invested are still only a small number and they come from those who are very active in the social media so we still have a long way to go.
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