Why all people moan about the price of bitcoin?

Ultegra134

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Quote from: Ozero on January 22, 2022, 10:56:00 AM

Quote from: tyz on January 05, 2022, 06:57:32 AM

This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy

While Bitcoin is rising it is very quiet here with new posts.

Yes, the price of bitcoin has fallen again: after reaching a peak of $69,000, today we see its price of $35,586. Fall almost half. Therefore, this thread will probably be looked at more often. Earlier it was predicted that bitcoin could fall in price to $33,000. It seems that this prediction is justified. The cycle repeats itself: weak hands will leave the market with big losses, after which we will probably again see a stronger cryptocurrency price increase. The only question is how long will this bearish period last?

Well, Bitcoin has lost more than 50% of its value, from the previous ATH of $70.000, leading into billions of losses. Certainly, it's concerning, while the downtrend is still continuing without much resistance. I strongly believe that it's bound to crash even further in the upcoming days. We're definitely going to face some dark days, for quite a long time. I'm quite disappointed, but trying to keep my cool.

In the meantime, I'll see if there are any decent opportunities in staking.

Ozero

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Quote from: tyz on January 05, 2022, 06:57:32 AM

This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy

While Bitcoin is rising it is very quiet here with new posts.

Yes, the price of bitcoin has fallen again: after reaching a peak of $69,000, today we see its price of $35,586. Fall almost half. Therefore, this thread will probably be looked at more often. Earlier it was predicted that bitcoin could fall in price to $33,000. It seems that this prediction is justified. The cycle repeats itself: weak hands will leave the market with big losses, after which we will probably again see a stronger cryptocurrency price increase. The only question is how long will this bearish period last?

Blue0x.com

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The #1 problem with crypto right now is the importance that people put on the price of a said crypto compared to fiat currency. Its the exact opposite of what Satoshi wanted. When the fiats start to fail, who is going to care what the 'price' is. When fiat is worth more as toiletpaper than as a currency, what happens to crypto then?
Look at Weimar Germany, Zimbabwe, and Venezuela. The streets were lined with paper currency and citizens wouldnt even be bothered to pick it up. Crypto needs to fulfill a real use case and bring utility to finance. This "to the moon" b.s. needs to go away.

tyz

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This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy

While Bitcoin is rising it is very quiet here with new posts.

beezee

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they should be patient when BTC price conditions are down. because we know they will all make a profit. like at the beginning of this year I'm sure everything will be fine.

dataispower

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Quote from: Argoo on January 03, 2022, 07:10:59 AM

With any price movement of bitcoin, significant rise or fall, people will always be unhappy with its price. Some, as always, will not have time to buy at its low price and will be unhappy with its price growth, others will always expect it to grow even more than it reaches. This is a normal natural process and here, as always, you need to act wisely.

You know very well human don't have to satisfy in all forms, as you say. when price of bitcoin goes up it requires explanation to people and when it goes down it demands for explanation also, so at this point no bidy can tell exactly when comfort zone will come in bitcoin, i just like the movement of bitcoin but the only challenges I'm having is that cryptocurrency doesn't have a suitable price or regulations of particular price we can say this is the point of bitcoin this year, if you have surplus coins you invest on, if bitcoin falls you will have pains and become unhappy but if it rises you will not become unhappy because you are making profit

Mahanton

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Quote from: paxmao on January 04, 2022, 06:01:32 PM

Love to bring this necro-topic back to life Grin

but however, it is so cyclical in its value that seems like it needs to tbh. People are always moaning about the price of bitcoin. If it is too high, then they moan because the wish they had bought more and if it is low they moan because their holdings have gone down in value. In the end, they simply have to learn that there is not need for moaning, just for Hodling.

In traders mind.

When high - they moan that they havent able to buy on the dip or waiting for some dump
When low - they moan because they are expecting for the price on going new ATH's.

Human beings does have this common nature on wherever kind of situation we are facing on then these reactions
would come next.

paxmao

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Love to bring this necro-topic back to life Grin

but however, it is so cyclical in its value that seems like it needs to tbh. People are always moaning about the price of bitcoin. If it is too high, then they moan because the wish they had bought more and if it is low they moan because their holdings have gone down in value. In the end, they simply have to learn that there is not need for moaning, just for Hodling.

Argoo

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With any price movement of bitcoin, significant rise or fall, people will always be unhappy with its price. Some, as always, will not have time to buy at its low price and will be unhappy with its price growth, others will always expect it to grow even more than it reaches. This is a normal natural process and here, as always, you need to act wisely.

Ultegra134

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Quote from: LUCKMCFLY on January 02, 2022, 03:55:12 PM

Quote from: Ozero on September 12, 2019, 12:29:13 PM

If people complain about the price of bitcoin, then they are interested in its price and are its holders. Basically, people buy bitcoin, so that later it is profitable and more expensive to resell. Of course, after we witnessed a rise in the price of bitcoin at the end of 2017, many people want to see a sharp increase in its price again. Now the cryptocurrency market is practically without movement. Yes, the impatient will now be nervous and indignant.

I think they are basically complaining because the BTC market for December expected it to reach $ 100k or $ 150k according to many experts even on Wall Street, but since the opposite has happened, many who put themselves in Long lost their position or simply liquidated their positions , especially those that were highly leveraged.

If we take the news into account, this is what happens, when many believe that an event will happen, if it will happen but exactly the opposite, this is normal, it is a trap of the whales to be able to earn more money, for this reason if the mass believe one thing will happen the opposite, it is not surprising that for January or February the movement that everyone expected for December could occur.

Experts? I don't take any so-called experts into account, neither do I for such predictions. It's not a weather forecast, you can't exactly expect Bitcoin to reach $100.000, within such a small timeframe and then be disappointed if it doesn't. Generally, predictions aren't accurate, that's why I'm not following them, I don't see much point. I'm used to such price volatility, and I've learned not to be too bothered by it.

LUCKMCFLY

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Quote from: Ozero on September 12, 2019, 12:29:13 PM

If people complain about the price of bitcoin, then they are interested in its price and are its holders. Basically, people buy bitcoin, so that later it is profitable and more expensive to resell. Of course, after we witnessed a rise in the price of bitcoin at the end of 2017, many people want to see a sharp increase in its price again. Now the cryptocurrency market is practically without movement. Yes, the impatient will now be nervous and indignant.

I think they are basically complaining because the BTC market for December expected it to reach $ 100k or $ 150k according to many experts even on Wall Street, but since the opposite has happened, many who put themselves in Long lost their position or simply liquidated their positions , especially those that were highly leveraged.

If we take the news into account, this is what happens, when many believe that an event will happen, if it will happen but exactly the opposite, this is normal, it is a trap of the whales to be able to earn more money, for this reason if the mass believe one thing will happen the opposite, it is not surprising that for January or February the movement that everyone expected for December could occur.

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Quote from: Carreuh on June 18, 2018, 10:33:02 AM

Maybe a lot of people are complaining about bitcoin prices because now the bitcoin prices are down again and they complain it might be because brands buy bitcoins at expensive prices so they get enough losses too hence they often complain and want the price back up

True, most people complain that their assets are declining. If they buy at a low price, then the bitcoin price drops and they still have a profit, I don't think they will complain.
Complaining maybe yes, but in a sense their profits are reduced.

dunfida

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Quote from: cryptoQueez on December 28, 2021, 05:25:32 AM

I think many people are complaining about bitcoin as they buy at high prices. At that time their prices fall down

Buy high and sell low you mean? This had been a very common behavior of people specially on noobs or to those who had just recently jumped in into this market.
You would really be having that common reaction whenever you do make purchase and then the price drops.

You would really be whining and moaning about on those conditions which are actually a very common reaction and we all really be passing on that one or would
experience that one.

Once you do gain experience then you would definitely get used to it.

cryptoQueez

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I think many people are complaining about bitcoin as they buy at high prices. At that time their prices fall down

Thymoty

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Quote from: mich on December 28, 2021, 04:20:32 AM

We dont want to see any losses we only want to see huge gains. It is easy to moan to sooth the pain for me at least.

I am not looking at my crypto wallets so much as before because if the price is down and my portoflio is red I get depressed and it ruins my day.

you have been in crypto for so long but why are you still unable to accept the 'red' market conditions?

it doesn't matter whether the market is 'red or green', I can control my emotions when I see my wallet, the crypto market is very volatile so I'm not surprised anymore!

mich

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We dont want to see any losses we only want to see huge gains. It is easy to moan to sooth the pain for me at least.

I am not looking at my crypto wallets so much as before because if the price is down and my portoflio is red I get depressed and it ruins my day.

xSkylarx

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Quote from: Ozero on September 12, 2019, 12:29:13 PM

If people complain about the price of bitcoin, then they are interested in its price and are its holders. Basically, people buy bitcoin, so that later it is profitable and more expensive to resell. Of course, after we witnessed a rise in the price of bitcoin at the end of 2017, many people want to see a sharp increase in its price again. Now the cryptocurrency market is practically without movement. Yes, the impatient will now be nervous and indignant.

Yes, when bitcoin's price increased a few years ago, the public became aware of it, and as time passes, more and more people begin to invest in it, with the ultimate goal of seeing the price increase again. However, the reality is that it takes time before bitcoin reaches that level of value again. I believe that before 2017, the price stabilized, which made us happy if the price increased slightly, but now people are enraged if the price drops below certain levels.

Argoo

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Quote from: Lostchickens102 on June 18, 2018, 09:12:13 AM

Without a clear usage or utility bitcoin will be dumping prices lower than of what was an all time high. It will never be reached again not unless somebody will be holding a very large volume of cryptocurrency to manipulate the price. If you have read some of the latest news about price manipulation then maybe you will understand why people are moaning about bitcoin prices goin low. Those who are holding large volume are selling it when they think they can earn profit. This result in a volatility we experienced today. So if bitcoin will be used by many price manipulation cannot create a big impact on the price.

One can hardly complain about the price of bitcoin, which is now around $ 50,000. Bitcoin only reached $ 20,000 again last December, so its current price has doubled over that period. The slight drop in demand for bitcoin now is partly due to its current significant price. From such a height, there is room to fall, and therefore the risk for investors increases. In addition, with an increase in the price of Bitcoin, it is already quite difficult to grow in price at times, as it was before. Potential altcoins look promising in terms of profit.
Well, let's see what else Bitcoin is capable of.

Ozero

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If people complain about the price of bitcoin, then they are interested in its price and are its holders. Basically, people buy bitcoin, so that later it is profitable and more expensive to resell. Of course, after we witnessed a rise in the price of bitcoin at the end of 2017, many people want to see a sharp increase in its price again. Now the cryptocurrency market is practically without movement. Yes, the impatient will now be nervous and indignant.

Polar91

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Quote from: spike420211 on September 11, 2019, 01:38:24 PM

It works that way. When the price is low, no one knows what heights Bitcoin can still reach, which means buying it can be dangerous.
As soon as the price has risen, and even so high and unexpectedly, the mistake immediately becomes apparent, you had to buy then.
Accordingly, after the collapse of the price, no one knows when it will grow again and whether it will grow at all.
Funny situation .

Indeed. That's why you need to analyze the chart very well since it doesn't lie and the possibility of Bitcoin's price could be predicted there. There is always risk on every entry that we are going through, thus our plan should be concise and should not be common otherwise we'll belong to those losers in the market.

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