Bitcoin Forum

currently there is no space for development and reform, all cryptoindexes and exchanges are corrupt as shit and there is no way to put them into a good direction,

when the crashes continue the markets will develop ears and attention to sustainable reform and position itself better like they currently completely arent,

then we will have ressources available we currently simple dont have.

this is why i feel great whenever i read again that the price has crushed down again.

i knew it will happen month ago and i said that with very good reasons and i started building an alternative, and we will continue going into that direction and everything will continue to get better

regards

I partly agree. Whenever the price rises, everyone's attention is only centered on the potential gains/profits rather than developments that could help the community grow and move forward as one. Whenever there are price crashes, we rarely see any news regarding new platforms, new development etc. as everyone is focused on analyzing the current market situation. I'm not against price rises but then it blinds the community's aspirations and goals and are rather driven by profit instead of making bitcoin and the community a better place/system.

Well I don't see much good happening in the market right now and many people have lost their livelihoods and wealth in this crash, so the transfer of wealth has gone right back to the big whales. There is though some good happening with infrastructure and mass adoption, slowly being implemented. I think if people can go through this bear phase and survive, those who will own Bitcoin in years to come will benefit both from the technology and also from the price appreciation. I hope there are more businesses coming into Bitcoin who will adopt the technology to help streamline their businesses in the future.

Cryptos have become an investment asset and that's where we have started loosing out the actual potential of cryptos! What you are saying is the competition within itself to become better and remain sustainable to hold the previous position or to better the previous position!

But I believe that we need to change our outlook towards cryptos first! Instead of investment asset, we need to look it as a currency like any other currency. We don't need HODL, instead it should be "SPEND". Stagnant currencies are no good for the economy, to unlock the value of a currency it must be circulated within the ecosystem and that's exactly where we are loosing out! Good things and innovations will eventually come out once we start using cryptos as a currency. Holding cryptos inside a digital coffer will make no use of it and certainly won't do good to the crypto economy in long run!

when you talk about development and reform, what do you mean by development and reform?

You mean we have to change this: " fanatic pow sect. "


this thread seems to me to be a political discourse and an ideological discussion


we have few exchanges that are reliable and secure, but this is because this is a sector that is not yet regulated in all the countries of the world and still needs many improvements of services. but about corruption I do not understand what you mean, are you talking about the altcoins listing model?

COINBASE, MT-GOX .... all exchanges are as corrupt as shit.

Even coinbase still steals money from customers by double-charging purchases from linked bank accounts, ..

Corruption is rampant in crypto because all exchanges were created by criminals from the beginning.

Un-Regulated just means no-recourse, but that's what attracted these people to bitcoin in the beginning.

Good sides when bitcoin crashes is veri minimal. Thought it has but were bad. Many investors back out and traders dont want to have another risk as there assets comes into fall. Yet if we still believe on bitcoin we should focus on good side.

I dont not agree with you, The only advantage I thank the depreciation in price of bitcoin bring is for those that can not afford when it is expensive can buy now that the price is low.

Did you know that fiat currencies such as the US dollar, Peso, Yen, Ruble and all others never last hundreds or thousands of years?  Fiat eventually becomes worth nothing.  

For example, fact is the US dollar has be decreasing in value by about 5 percent per year for decades as have all other currencies.  

Fiat crashes.  It is inevitable.  So hold on to what you have of it if you want to.

Bitcoin defeats fiat hands down.  It is still quite new and it has risen and dropped off and on - but look at how far it has come in the last ten years.  It rises high, drops some, then rises even higher.

HODL is key.  Look at bitcoin history and do not panic.  This has been the secret to successful investing since the beginning of time.

We have different views about bitcoin, bitcoin runs only ten years and this has a very good development, initially, fiat is one of the very valuable currencies for daily transactions, but at the moment bitcoin is able to replace it even mined like most gold valuable. Although the chart shows it continues to decline but still in its top position.

you'll find that all the bitcoiners focus is just bitcoin lift, they have forgotten how it has fallen, what they can do to help keep the bitcoin currency at its price. hopefully with the design of the bitcoin today may well have been the other bitcoiners to help it stay in the porcelain that is worthy. I hope this crash end and return to the right price.

Look at a graph of bitcoin value over the last ten years.  Its up, down some, then up alot, the down some. then up alot.  It went from cents per bit coin to thousands of dollars per bitcoin.

That is one hell of an investment.  Hold on and wait.  That is the secret to wealth.

I don't think you can list Mt.Gox as an example to say that all exchanges are corrupted. Why do you say all exchanges are created by criminals that's a big statement to make, any proof would be nice so everyone can know. I do believe all these old exchanges have started charging crap ton of money to list any coin and they've become more profit driven but you can say that about any business.

If people will continue to believe that btc will no longer recover, I would say that they have a wrong market interpretation. The good side in this market crush is that people can buy btc at a very low price and soon to gain good profit once the pump take place. The best thing to do is just to wait until such time market will be back on track and be patient as always and don't let your emotions conquer your decision making.

The good side now is we can buy at the really cheapest level of Bitcoin. I just know that it will go up anytime soon now.

Iam hoping that next year will be good to us its dec 3 as of now but the market is still nothing change iam hoping for the best in the neaxt few years. And still Iam going to hold on

agreed partially, but I dont see anything good came with teh crash in teh market or in peoples lives.

Yea, i think you are little bit right here. If i don't mistake maximum are in crypto industry to gain profit without loving it. Just come and take profit and thats why today in bad days all are gone into silent and no strong site we did not see anywhere. No body promote strongly behind it. Only busy with market price and their loss/profit. This is very bad for crypto industry.

It often happens that the price does not justify its level. Almost always the price increases only on speculative moods and desires to make a profit - this is the law!
Today, a positive moment with the price of bitcoin as well as with many other tokens I see only in the fact that you can buy at the lowest price that's all!
I think many people are mainly interested in just beautiful green paper, not the real use of bitcoin in everyday life!

Bitcoin decline below $ 4k has now happened again, if we dare to take the current price most likely you will be lucky, the good side of bitcoin will always come without stopping and I believe next year bitcoin and crypto will get good value

There has never a time the price of Bitcoin or altcoins alone determine the true value of the asset owned. The basic issue is that most of us (if not all) are only centred on the gain to be made rather than the true worth of the asset(s) itsef.

The good thing that has happened is a wider acceptance of bitcoin and other cryptos. As the infrastructure continues to develop bitcoin will see more and more users and with it higher demand

Bitcoin doesn't need high prices to survive. When the price falls, network hashrate falls, but attack incentives fall even deeper. So, bitcoin remains secure (even a bit more). Investing speculatively on bitcoin is a distraction and once it proves to be less attractive, true high tech investors will consider other decent options in the crypto ecosystem and it will make bitcoin stronger and more promising.

I also think that maybe the crash was for the better, although it also hurts me to lose money in this  investment, the market was deviating completely, and bitcoin happened to be something we would use for transactions, to something that most people would use to get rich quickly, it was given too much value and especially speculation, which is stopping its progress.

Hopefully it will start to rise up again by next year.This crash of bitcoin does not really brings a negative effect on bitcoin because this will be the best opportunity to start with great investments in bitcoin.For sure we will gain good returns in the following year if we keep on holding today.

yes, it is indeed one of the expectations of the bitcoin holders, but before that really happens, for a moment let's reflect on it and we can learn and take lessons from this situation, that in the future we must be wiser in managing the assets we have, don't too high hopes, because in reality it is difficult to happen.