Bitcoin Forum

I come across some thread that were open around July 2017 and one thing that I have find out among those thread were Bitcoin is death, This is the end of cryptocurrencies and someone even said "august 1 Bitcoin is going to be less than  $100". The same thing is happening now and we are having a lot of negative comments now than around December and January. I have make up my mind to keep on hold and also investing my risk capital into cryptocurrencies as this time create another equality in the market. If you want to make good profits from cryptocurrencies in future? Now is the right time to buy! "This time" provide equal opportunities. Goodluck.

Some people in the beginning never believed that the price won't be this high until this time and they are feeling bad but I don't want to have such feeling later in the future. I have the opportunity now to better my life and the people around me.

Bitcoin's run to almost $20k was nothing but artificial and pure FOMO. Many investors saw that it couldn't hold for long, thus cashed out among the countless others while the hopefuls who rode the wave on its peak lost their money and shouted 'bitcoin is dead'. In reality, bitcoin's price right now is actually the sweet spot, or should I say the fairest price one could get right now since it's been staying at these ranges for some time right now and the market seem to agree with the price given that there are no big movements whatsoever that's happening. I wouldn't say that this is the best time to buy, seeing that it can still go down a little bit due to the selling pressure but if you're looking for a long-term hodling, this might be a good entry point for you.

It is true. people now say bitcoin will die because they compare prices now with prices at the end of the year. that's crazy, now the price is down because I think this is only correction after high rise at the end of the year. this just takes time, to see the price will be higher than the end of 2017 I believe it

I think most of them are very panic at this time so they say Bitcoin will die and most of them compare with the price at the end of 2017, they do not see the Bitcoin price when it first appears.

Fake news, regulations and hacking attack made the bitcoin price into dumpyard bit this is not gonna be long lasting and as like every year we will find the bitcoin price bumper up in the market again .

I suggest to go with investing on bitcoin and buy as much you can. After Russia bitcoin legalization announcement in next month we will look into invest more on btc. Instead you can invest the money as much you right now.

Great! So that is the proof about the shitty people who never understood the bitcoin and they are shutting about it since long time. But see now the same bitcoin is still alive and nonetheless it is still having more than 5K USD value per coin. Just imagine how great is that and it is the slap on butt of those people who always crucified the existence of the bitcoin in long period of time. After having so much negativity and yet we are here with whole new world of bitcoin and its benefits. Just imagine what might had happen with those people who left it at that time and might be seeing bitcoin soared up to such high prices.  :D
Better hold and keep patience and let the bitcoin do it its own work.

I agree with you, this is now good entry point for the long term but it can still decrease, but it will not fall to $100 or $1000 for sure. $20K was too high for bitcoin in 2018, maybe later.

I've heard a story similar to this one i know it's to encourage people to not lose hope in case this happened nice strategy for having an artistic mind and a positive one. All hoaks never come true but people who believe it does make it true. Scaring bystanders before they even think about investing is shitty alarming those haters sure does gave us hard times. If we can somehow eradicate the negativity on bitcoin towards the people.

Those people who always saying bitcoin will die is a fuds which is they want to frightening some holders to sell off and to contribute the dump, so that so on the price will nose dive until it reach the worst price,  and i think this price is not enough for them which is the common reason why they still trying to intimidate others .

The reason why they are leaving the bitcoin, it’s because more newbies in crypto are attracted of the highest peak price of bitcoin in 2017. And then when the bear market comes, they are all leaving and sold their holdings because of lack of knowledge. The HODLers are still the reasons why the bitcoin value still survives.

It should be remembered that if you bought at this time last year you are still in profit. Too many investors saw daily price hikes last year and expected it to continue. A slow sustained rise is better.

I really agree! Now is the right time to buy and accumulate more coins. The orice in the market is very cheap and the transaction fees are cheap as well. But still, invest wisely. Do not invest what you can't afford to lose. Just do you own research first.

So true , I was an unbeliever before , never believed bitcoin and when i saw it on 500$ I just did nothing!the only stupid thing i could do , now i don't want to regret the past again and I try to keep my bitcoins very safe!

You wouldnt surprised if you are already an old member into this forum and after all these years those kind of words do circulates every now and then but still we do able to see the entire market which do have the capability to recover after such price dip. Going back into the past where btc did reach out almost 20k people got too confident, most of them do pushed out or invest the money they do have without even thinking that this wont really hold for too long.

The problem about investors in cryptocurrency is that they want a very fast returns on investment. I realize that crypto investment is not a short time investment and most investors want to cash out with lots of gains even in just a day - this is not the way to hit the money in crypto . Crypto is to buy and hold basically. Also talking about for trading, the movement on daily basis for cryptocurrency can't be compared to that of forex trading. Forex trade is far profit giving than cryptocurrency. So we need to be patient and hodl.

It's part of the crypto system so you will always encountered a claims like and never it will end. For me, it's not a big deal so just let them state what they want because after all we know what things should be done to take advantage of every price trend whether uptrend or downtrend.

Crypto discussion will not be complete if there's no troll or non basis speculations. Rather than think of them, focus on what you believed because after all, we will not believed on a thing where we don't see any reasons to become like that.

Going back to the current price trend, people can consider any price level before making a purchase as long as they understand the risks they are going into once they click the buy button.

Coin market is slow and down now. Crypto currency price is also down and falling everyday. If you have money available at your hand, then buy with 20% of your money. Then keep watching vigorously. Now it's time for patience, keeping eyes alert and holding coins.

I don't believe in even attempting to buy at the bottom and sell at the top, because lets face it - everyone who says they do are lying.

That said, I think we are at a fair and stable  price for bitcoin right now. And no matter how you look at it, sure it can go down further but you are NOT buying at the top. So just buy now. Itl go up in the future.
We will always see these news articles saying bitcoin is dead. But yet it just keeps growing stronger and stronger. This is nothing new and to be honest you should just buy with fiat you can afford to lose and wait it out.


The other thing I want to add is dont HODL. HODL makes bitcoin worthless. Spend and replace is much better. If you wana buy something online and they accept BTC. Then use BTC and transfer fiat over to buy new BTC.  I really think this is something we need to start spreading. If its not used in commerce then bitcoin is worthless. We can buy with bitcoin on Takealot in South Africa (sorta like our Amazon) which is really cool.
We should all start supporting these things and make bitcoin more and more of a payment system. The "HODL/LAMBO/MOON" culture is bad for us all. We should put that to a stop.

Finally someone gets it. The amount of times I have read about people predicting that bitcoin is dead or bitcoin is dying is big. After your first bear cycle one learns to just ignore these FUD posts and keep on increasing his bitcoin stakes during times like this.

Many will take this opportunity to buy more, I have seen a lot of fuss and still read some who wants to take this time to still collect more. It will recover soon so we should at least buy now.

Yeah sometimes bad news is needed to make price correction, and I think there is always new support and of course, the support is higher than before. The old player didn't want the price to rise too fast, therefore after a high rise there will be a deep correction (that's just my opinion, and I believe if later the price is can beat $20k for bitcoin)

we do not have to trust a thread because it's just a prediction, we should be able to see if bitcoin in the future will be one good coin and now this coin can be a long-term investment, I agree with you if it's time to buy the coin .

This is for sure, the market will bounce high but of course no specific time when it will happen. Buying bitcoin when everyone is in fear is a goos strategy, personally I'm doing it right now because I believe on bitcoin that can make money for me easily in the future.

There are tons of them probably some are from newbie accounts the same content of the thread title without proofs and proper trade analyzation just dropping off that bitcoin is dead or bubble riding the trend of the bear market don't know why they are spreading FUD's plaque throughout the forum those trolls want a cheap bitcoin so they are spreading more news to make some weak handed people sell their coins, the same thing last year have different context but the same content and motive.

I believe this is an extremely good time for you to trade altcoin. It can be seen that after the bitcoin price has recovered slightly after a $ 400 decline, the current time the field has started to boil again when prices of many altcoin are pumping. So you should start trading altcoin at this time to be able to get high profits in the trade.

Well there are a lot of fud news that keep on appearing so that the people can buy btc at cheaper price, btc is a very strong coin, that news is only going to make some newbie investors to do panic sell, but for the one that already got experience, they won't easily believe those news, and by holding it I already got so many profit, so no matter how they spread the news, you need to believe that bitcoin will rise in the future dont believe any fud news that can make you lost money

I think that time their was a eminent fork in Aug 1 that's why a lot of negativity surrounds the ecosystem system during that time. But you know what, bitcoin surges ahead $1K in a matter of 24 hours because everyone understands that they can get free coins during the fork and it passed $2K-$3K if my memory serves me right.

So what does it tells us? There's not perfect time to buy bitcoin, every time is a perfect opportunity because we can all bounce back and recovered and during the end of 2017 we see it hit its all-time-high and everyone is a happy bunny.

The environment around the crypto-currencies has been changed significantly during the last half year. A lot of the crypto exchange markets were banned and closed. The advertising of ICOs was restricted. Huge taxes for a crypto trading. Now KYC is neccessary. Too many bad factors have come to the crypto-currency world, and the current prices are a result of the politics conducted by the governments of the different countries.

For me, the behavior of the course of this crypto currency now raises many questions. At first, bitcoin fell off sharply, then it grew rapidly. Such instability leads people to different thoughts. I think this is a normal job - when the price on the market grew, and then fell sharply. Not because someone has planned it in advance, but because someone has made it work purposefully.

Bitcoin has been declared dead many times over the years. There may even still be a website dedicated to tracking all the times Bitcoin has been declared dead.

I think the fact that Bitcoin has survived almost 10 years and has grown to be worth about $7000 per Bitcoin is a great success and shows that it has the ability to catch on.