Topic: What most beginners don't get about Bitcoin - page 3. (Read 849 times)
On your own do you believe that Bitcoin can end some day? For me Bitcoin has stand firm and nothing will happen to Bitcoin as I have seen the long term Bitcoin has stayed since 2009, if gold that has being existing long time ago is still evoke that means no president of US can stop Bitcoin to not exist, Bitcoin is not a particular country currency but generally used by different countries that knows about bitcoin, I know very well of bitcoin, and I know that bitcoin is something that even though every country us against it, it will definitely stand firm, so I know that bitcoin is digital currency not a centralized currency that can be controlled by a particular country government
To be sincere I'm getting tired of seeing the election candidates name.
Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
Everybody there would always be a new thread about it.
No it won't be the end of Bitcoin but it would slow it's adoption and growth.
No matter are we say it,Bitcoin exist in an environment and would be affected by factors in the environment
But mostly in a short period of time
Before everybody starts considering it old news.
Yes, that's right, they will only create new topics when the period starts.
We are not sure about the final word of Bitcoin, honestly this is something that we can even say is impossible, Bitcoin will continue to move in its own concept with fluctuations that occur by itself, and it seems that this will indeed have an impact on the growth of adoption which will slow down.
I know that by the end of the year, we would have seen the results of the presidential race, but before then i hate seeing that people are taking it for granted that bitcoin is going to be affect by any of the presidential candidate emergence into office, bitcoin is not going to obey by the dictates of the people or by the way of how they are reacting towards it, because it was not designed to be under the control of the people, instead, the people were to see the importance of its adoption in everything that they do, which make it more of the fact that the people needed bitcoin more than how bitcoin could rely on them for its performance.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
You are right. The current situation of bitcoin was seen to be impossible, but it happens now, so the thing is that I believe regardless of how they do it and try to bring bitcoin down, it will not happen, and the adoption of bitcoin will continue growing as more people are still coming. Although it will affect the market, as long as it does not affect the future of Bitcoin, there is nothing to panic about, for it will still bounce back.
One thing I believe is that even people that were talking about bitcoin before are now the top people who are holding bitcoin, so whatever they want to do, bitcoin will still remain there because many of these people also invested money in it, and also many influencers have already invested in bitcoin.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
No matter the outcome, it will have nothing to do with Bitcoin future; it can only have effect in the market fluctuations because of the US citizens and the news might cause panic to some users who believe that the new coming government will have something to do with Bitcoin price.Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
I am a Bitcoin enthusiast and I wouldn't hide from the fact because I am passionate about Bitcoin.
Years back, so many people, including politicians and influencers, spoke about bitcoin with the intention of discouraging its adoption, but here we are now; it is near impossible to stop bitcoin at this stage. The adoption rate is high and it keeps growing everyday as the world gets to know about it.
Yeah honestly the way people where spoken about the bitcoins adoption in the previous years back, both the politicians and the influencers of to say people where be with them during that time the bitcoins will not longer flow like up to now, because they where want to discourage people by bitcoins adoption; and Bitcoin is something that once a person is already knows how it work and bring a lot of profits it will be very hard to stop the bitcoins at any stages.So always ignore people who make those negative comments about bitcoin, it's their choice if they choose not to accept it, but it doesn't change the fact that bitcoin keeps growing and the market will keep doing well. The best I think the government can do now is try to control it. Hopefully they don't.
The way this life is going on now is not even necessary to seek for a person opinion when it comes to purchase a bitcoins, because of try to consult some people that you’ve having interest on Bitcoin instead of them to give encourage you; or comments something better they will be looking for a way to discourage you to stay away fro the bitcoins, and even though the Bitcoins market is not that well for now it will be more best in future: not till the government have control on Bitcoins; since the government don’t want anything that will make Bitcoins to develop in the country. 
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
No matter the outcome, it will have nothing to do with Bitcoin future; it can only have effect in the market fluctuations because of the US citizens and the news might cause panic to some users who believe that the new coming government will have something to do with Bitcoin price.Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Through tough times of covid19 pandemic where people were dying, Bitcoin survives, and despite all the hates Bitcoin is having across the world by governments just because it is decentralized, Bitcoin still stands, then I don't think this election will have effect in Bitcoin adoption across the world.
The super cycle effect is more powerful than the presidential elections, that's why no matter who wins or lose, Bitcoin price will move based on the history.
It's power of historic rhythm and Bitcoin price can move with one of past fractals and with some small different than fractals. Generally, history repeats itself and Bitcoin continues its growth after each Bitcoin halving and each four-year market cycle.History is shown there https://charts.bitbo.io/yearly-candles/
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Maybe short term effect is unavoidable since there are still many weak hands.
In the market, there are people with weak hands, but super greed mind and they bring money to this market to help intelligent investors to get profit.Quote
Right now, the price went back to $60K, I don't expect Bitcoin will go lower after this month.
I don't know, even it has some more months of corrections, re-accumulations, it will be just fine as Bitcoin preparation for a next bullish phase.Quote
So, if you have bought Bitcoin when it was $50K, hold it.
Experienced investors already bought during latest dips but most of newbies missed these dips. Months ago, when Bitcoin price as above $70k, they hoped to get price about $50k to buy, but when opportunities came recent months, they were fearful and did not buy. They will regret when Bitcoin breaks current ATH and climb strongly towards $80k, $90k or $100k.These dips, drawdowns in a bull run, are smaller than drawdowns in previous cycles but are still very good.
https://charts.bitbo.io/price-drawdown-from-all-time-high/
The super cycle effect is more powerful than the presidential elections, that's why no matter who wins or lose, Bitcoin price will move based on the history. Maybe short term effect is unavoidable since there are still many weak hands.
Right now, the price went back to $60K, I don't expect Bitcoin will go lower after this month.
So, if you have bought Bitcoin when it was $50K, hold it.
Right now, the price went back to $60K, I don't expect Bitcoin will go lower after this month.
So, if you have bought Bitcoin when it was $50K, hold it.
The presidential candidate of "one" country does not matter to bitcoin. It may show short term ups or down but that is it.
What matter is whether they introduce new laws or regulations on cryptocurrency use or abuse during their term. Now I know that many people are betting on bitcoin for which candidate is going to win and by how much and all that, but it really does not impact the long term price of bitcoin.
This market is volatile and sensitive with news while newbies love reading news. Newbies are most vulnerable participants in the market especially they are very weak against bad news and fud.What matter is whether they introduce new laws or regulations on cryptocurrency use or abuse during their term. Now I know that many people are betting on bitcoin for which candidate is going to win and by how much and all that, but it really does not impact the long term price of bitcoin.
You said the truth, that no one presidential nominee in a single country can impact negatively on Bitcoin. After get elected and become an official president, there are possible some new laws, and regulations will be signed by that new president but effects won't be like globally and last too long. Impacts will appear but it is because people in this market are affected and manipulated by news, so they mostly overreact against bad news.
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Beginners dont get it because they have not see charts through such events in the past.
There is a website for Bitcoin obituaries and Bitcoin historical price & eventshttps://99bitcoins.com/bitcoin/historical-price/
It is nearly time for the bullish period in the Bitcoin cycle. We have been chopping around for months now, many people are losing hope. This is exactly the time when Bitcoin starts to pump. I expect the last part of 2024 & then pushing into 2025 to be very bullish.
To be sincere I'm getting tired of seeing the election candidates name.
Everybody there would always be a new thread about it.
People are definitely milking this topic for activities and engagement. I understand that this is a very relevant topic for american citizens and the entire world are also aware and tuned in but crypto is hardly mentioned in the times when people expect these candidates to mention crypto. I feel like we are putting too much expectation and responsibility to these candidates to somehow uplift bitcoin when bitcoin can do it all by itself. Everybody there would always be a new thread about it.
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But mostly in a short period of time
Before everybody starts considering it old news.
Well there’s two months left of this. Not that long left for this election to be over and people who keep saying that bitcoin will crash if a certain candidate wins can finally be proven wrong. We can then actually focus on bitcoin and take it out of political matters. Before everybody starts considering it old news.
I have said this in previous threads too, I will say it again.
The presidential candidate of "one" country does not matter to bitcoin. It may show short term ups or down but that is it.
What matter is whether they introduce new laws or regulations on cryptocurrency use or abuse during their term. Now I know that many people are betting on bitcoin for which candidate is going to win and by how much and all that, but it really does not impact the long term price of bitcoin.
Beginners dont get it because they have not see charts through such events in the past.
The presidential candidate of "one" country does not matter to bitcoin. It may show short term ups or down but that is it.
What matter is whether they introduce new laws or regulations on cryptocurrency use or abuse during their term. Now I know that many people are betting on bitcoin for which candidate is going to win and by how much and all that, but it really does not impact the long term price of bitcoin.
Beginners dont get it because they have not see charts through such events in the past.
Those new investors needs to focus on their investment and not in the election because with or without that, Bitcoin will still go on and get more adoption. We don't have to think about that and let along focus to accumulating more Bitcoin before the time is leave us. Bitcoin is strong enough to survive so we don't have to worry with anything and even the new president don't support Bitcoin, Bitcoin will be more popular. It is better we watch the market move and analyze it so we can benefit from the situation that will happen and not think about the election. The political now trying to attract people attention to support them and they will do many things even if that is mean they are saying support Bitcoin. But I am not sure if they really support it.
it might have an effect when the elected president is the president who will remove or turn off the Internet worldwide. it sounds ridiculous and impossible for the world situation that is increasingly developing like today.
however, beginners in investment sometimes still can't ignore popular or latest news on social media. whatever happens, must have a little effect on the psychological situation of novice investors. it would be better for investors to focus more on the development of their portfolio. don't think too much about things that might mess up our investment plans. focus on getting more.
Why would one person who happens to be president of the United States decide
that it would be a great idea to "turn off" the internet?
If he or she did happen to have a big red button in the white house for "turning off the internet"
it would only cripple every economy in the world because everyone uses for banking and communications.
As has already been posted Bitcoin is decentralised, one president from one country
isnt going to be able to stop it, its also worth considering that with the approval of the
spot ETF's in the US Bitcoin has now been accepted by traditional investors and
they carry a lot of influence through the top investment firms.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
Even if a president is elected and not in support of bitcoin I'm still wondering how it will affect adoption of bitcoin because I'm not sure if any of the past presidents were in support of bitcoin and bitcoin was able to gain adoption and still gaining adoption. If the elected president is not in support of bitcoin it will still get relevant and more adoption because the president can't stop people from investing bitcoin. If bitcoin was able to survive at it early stage with so many lies from people trying to demarket it, that means no amount of opposition and rejection will affect adoption, value of bitcoin because the past of bitcoin have really prove what bitcoin is. Bitcoin will keep existing with good value provided that the government is in support of it or not. Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
If eventually the president is not a fan of bitcoin and their are strict regulations to buy and sell , it is a challenge that can still be overcome because we have gone through hard times like this in the past. Inflation and the nature of fiat is a very good reason why people will still hold to bitcoin and never give up no matter what may be the challenge at anytime.
Those new investors needs to focus on their investment and not in the election because with or without that, Bitcoin will still go on and get more adoption. We don't have to think about that and let along focus to accumulating more Bitcoin before the time is leave us. Bitcoin is strong enough to survive so we don't have to worry with anything and even the new president don't support Bitcoin, Bitcoin will be more popular. It is better we watch the market move and analyze it so we can benefit from the situation that will happen and not think about the election. The political now trying to attract people attention to support them and they will do many things even if that is mean they are saying support Bitcoin. But I am not sure if they really support it.
it might have an effect when the elected president is the president who will remove or turn off the Internet worldwide. it sounds ridiculous and impossible for the world situation that is increasingly developing like today.
however, beginners in investment sometimes still can't ignore popular or latest news on social media. whatever happens, must have a little effect on the psychological situation of novice investors. it would be better for investors to focus more on the development of their portfolio. don't think too much about things that might mess up our investment plans. focus on getting more.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
This is why I am not even commenting for now with those election related threads that are connecting with Bitcoin prices. Because whoever wins there and whoever sits on the White House, Bitcoin doesn't care at all and it doesn't matter who wins it. The charts speak for itself, Bitcoin will get to the top no matter what happens. It's more concerning about the situation of the world like what the pandemic has came and the wars that has triggered than of the election but I know that these global economical issues and wars that are happening has something to do with the US election's.Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
Hahaha...if anyone believes this, then such is misrepresenting things. Although it still depends on the disposition of such a US president to Bitcoin and others, but we can't use the present and the past history to judge what would happen in the future.I've never seen any US administration that is anti-crypto, it would have been worse for crypto space if such happened judging by the status of the USA and the USD in the world economy. Even Joe Biden's administration which many uninformed people perceived as anti-crypto is not so because there is a difference between banning/clamping down on crypto and regulating it.
This is a small gift to everyone bitcoin investors that still believes that if a supposed cruel presidential candidate gets to the throne of the US president it will be the end for Bitcoin, I have too many people screaming this in my ear and I am sick of it.
I also feel sick every time someone talks about Bitcoin with politicians because Bitcoin feels like a politicized object so that for beginners who know Bitcoin, Bitcoin is only about the price when the American presidential candidate is in power.
For those of us who live in countries that do not legalize Bitcoin as a means of payment when the discussion is about price, to be honest we are happy because we can get big profits when the price increases many times over.
The knowledge that I currently hold is that Bitcoin is an asset that can maintain or protect the value of the results of my hard work so far, we have worked day and night because we are not allowed to use Bitcoin as a means of payment.
As you can see, it doesn't matter, the past years was even a more challenging period for Bitcoin because this present wide adoption looked impossible at the time, anyone could easily call Bitcoin a useless invention at the time, but here we are, it survived.
Let's see what unfolds by Nov 5 and into 2025, history will repeat itself and there is nothing any powerful being can do about it.
There is no organization, government or country that has been able to bring down bitcoin to the point of being worthless. So far we have only often heard that the price of bitcoin will be destroyed by a country that will ban Bitcoin, but in reality until now the price of Bitcoin has been very expensive if we compare it to the price of Bitcoin from years ago. Nothing can paralyze bitcoin unless the apocalypse comes so that all electricity and internet networks are completely paralyzed due to damage on earth.
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