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Title: Let me be clear to you, this is not a Bear Market! Post by: KingScorpio on December 25, 2018, 11:43:20 AM for all outsiders that enter this,
you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Gloverwrt on December 25, 2018, 11:54:13 AM the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. There is only one name associated with the creation of bitcoin and that is, Satoshi Nakamoto. And he has never been identified. He reputedly own a lot of bitcoins and could manipulate the value, but it is very unlikely that happened. The bear market is used in relation with previous peak. It may have been unsustainable at that time, but the asset has shown the ability to climb to such highs. And it's now down about 79% Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: BitcoinHodler on December 25, 2018, 11:54:42 AM keep telling yourself that
what you are to young to understand is that your spams on bitcointalk don't make a thing in the market at all. and yet you continue to tire your fingers spamming the same nonsense here every day ;D Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 25, 2018, 11:56:08 AM the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. There is only one name associated with the creation of bitcoin and that is, Satoshi Nakamoto. And he has never been identified. He reputedly own a lot of bitcoins and could manipulate the value, but it is very unlikely that happened. The bear market is used in relation with previous peak. It may have been unsustainable at that time, but the asset has shown the ability to climb to such highs. And it's now down about 79% they shifted from introducing a monetary system towards max profit marketed "their money" that was quite bad idea, now they have basically swallowed all ressources or all potential supporters and paid their electricity bills and lambos with that money. it was in the end just a shift of purchasing power. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 25, 2018, 11:57:43 AM keep telling yourself that what you are to young to understand is that your spams on bitcointalk don't make a thing in the market at all. and yet you continue to tire your fingers spamming the same nonsense here every day ;D well i was right months ago. but i understand you, you are basically some kind of goebbels of bitcoin propaganda ministery ;D. i keep with my thesis you have now wasted all potential support you once had. it now out. you are not going to be the worlds monopolistic future currency like you wanted all to believe. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: avikz on December 25, 2018, 01:13:32 PM Hi KingScorpio,
What you are essentially saying is that bitcoin is in some sort of chain system of liquidity loss. I won't disagree with you but what I will disagree with you in the method you have mentioned. Bitcoin is not well established as a currency worldwide. People really can't pay their bills using bitcoins. We certainly have some exception countries like Japan and Germany but largely, bitcoin is an investment asset to many of us. These investors don't easily sell their currencies instead they hold it up to their coffers blocking the circulation. Death spiral happens only when we have a lot of circulation going around between the believers and non-believers. That's not the case for bitcoin for sure. People sell their bitcoin to unlock its value and to be able to use it with their eco-system. But you need to understand that as we have sellers available in the market, we also have buyers in there. The decreasing value of bitcoin is certainly a point to worry but it's not that simple to understand the nitty-gritties of what is happening in the background when we have a lot of buyers willing to buy it from those who are willing to sell it. I am sure, we need to see bitcoin as a currency instead of an investment here! Regulation and confusing legal status is effectively blocking that aspect and we are not seeing the circulation that we need to see for bitcoin to grow. Support loss spiral is not the single reason why bitcoin price is going down. It's more for us to fathom the reason! Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 25, 2018, 01:42:11 PM Hi KingScorpio, What you are essentially saying is that bitcoin is in some sort of chain system of liquidity loss. I won't disagree with you but what I will disagree with you in the method you have mentioned. Bitcoin is not well established as a currency worldwide. People really can't pay their bills using bitcoins. We certainly have some exception countries like Japan and Germany but largely, bitcoin is an investment asset to many of us. These investors don't easily sell their currencies instead they hold it up to their coffers blocking the circulation. Death spiral happens only when we have a lot of circulation going around between the believers and non-believers. That's not the case for bitcoin for sure. People sell their bitcoin to unlock its value and to be able to use it with their eco-system. But you need to understand that as we have sellers available in the market, we also have buyers in there. The decreasing value of bitcoin is certainly a point to worry but it's not that simple to understand the nitty-gritties of what is happening in the background when we have a lot of buyers willing to buy it from those who are willing to sell it. I am sure, we need to see bitcoin as a currency instead of an investment here! Regulation and confusing legal status is effectively blocking that aspect and we are not seeing the circulation that we need to see for bitcoin to grow. Support loss spiral is not the single reason why bitcoin price is going down. It's more for us to fathom the reason! jes well you are optimistic, i think since half a year that this is a support loss spiral, and i dont think it will anytime end. you were to greedy folks you didnt introduced bitcoin with a fixed price, you sacrificed it to the speculants in the market, which ultimately wrecked the image, as it drained out all potential support. its now becomming some kind of questionable digital gem. there is still a way for cryptoindustry but not this way. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Upgrade00 on December 25, 2018, 02:32:38 PM I am sure, we need to see bitcoin as a currency instead of an investment here! This can only be propagated by merchants and retail stores, both on and offline. Bitcoin circulation os spread among various countries. But it's not a readily available payment option when looking to make purchases. Except for some online services. Volatility is one of the reasons it isn't yet accepted globally. And adoption is needed to reduce volatility Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: b3llsf1l3s on December 25, 2018, 04:17:03 PM for all outsiders that enter this, you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards even if indeed this is a bear market condition, then this is what should be utilized, if we can only blame the market conditions that are bearish or also often blame the market when it has crawled up and we have not yet got a position. Bitcoin can still be expected for a long period of time Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: mk4 on December 25, 2018, 04:31:58 PM Before making such claims that the markets aren't in a "bear martket", probably take a few minutes to search on what a bear market actually is. It just shows how unwilling you are to double check or verify your "facts".
"a market in which securities or commodities are persistently declining in value" - Merriam-Webster[1] So whatever the reason is on why bitcoin is dropping in price, may it be because of the "bitcoin founders"(whoever you're referring to) pumping the price, may it be because of Putin, may it be because of aliens or something, bitcoin is in a bear market. And that is a FACT. Also, in behalf of the level-headed people here on bitcointalk, stop it with your baseless conspiracy theories. Thanks [1] https://www.merriam-webster.com/dictionary/bear%20market Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Coyster on December 25, 2018, 04:44:01 PM There is no need spilling wrong informations,its a bear market today for the bitcoin,and that is not in doubt,whatever theories you bring out to back up your claim,does not still change the fact that the market is in a state of decline which ultimately means the market is bearish.
Can you give us a little proof as of your claim of "bitcoin founders" having an effect on the price of the bitcoin,i wonder who this founders really are Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: AB de Royse777 on December 25, 2018, 04:52:00 PM Bitcoin price now (December 2018) is: $3,742
Jan 2011: 0.30$ Jan 2012: 4.99$ Jan 2013: 14.00$ Jan 2014: 747.00$ Jan 2015: 317.00$ Jan 2016: 432.00$ Jan 2017: 998.00$ Jan 2018: 14,166$ Jan 2019: ?????? The stat says we are having steady progress. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: bravehearth0319 on December 25, 2018, 05:42:00 PM the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. There is only one name associated with the creation of bitcoin and that is, Satoshi Nakamoto. And he has never been identified. He reputedly own a lot of bitcoins and could manipulate the value, but it is very unlikely that happened. The bear market is used in relation with previous peak. It may have been unsustainable at that time, but the asset has shown the ability to climb to such highs. And it's now down about 79% I just wondered that why until now Satoshi Nakamoto was still never been identified? If I am going to look at it, He/she doesn't care whether the market is bearish or bullish. Just all I know was that we are able to gain bitcoin or altcoins even if it is bearish or not that's the truth reality things happened here in this field business. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: avikz on December 25, 2018, 05:52:38 PM there is still a way for cryptoindustry but not this way. I am all ears! This can only be propagated by merchants and retail stores, both on and offline. Bitcoin circulation os spread among various countries. But it's not a readily available payment option when looking to make purchases. Except for some online services. Volatility is one of the reasons it isn't yet accepted globally. And adoption is needed to reduce volatility Wrong! It can be propagated only by the governments and no one else. If a government is crypto friendly and provides a framework for crypto circulation within their country, more retailers and stores will show interest in accepting cryptos as a method of payment. Like what happened to Japan, Germany and Malta. On the other hand, if a particular government is not crypto friendly, they will start taking punitive measures against the crypto users. Like Canada and India. Both of these countries have ordered banking ban for crypto users and related businesses. So nothing is in the hand of common mass or merchant community unless the government itself takes step forward! Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Zin-Zang on December 25, 2018, 06:29:39 PM Bitcoin price now (December 2018) is: $3,742 Jan 2011: 0.30$ Jan 2012: 4.99$ Jan 2013: 14.00$ Jan 2014: 747.00$ Jan 2015: 317.00$ Jan 2016: 432.00$ Jan 2017: 998.00$ Jan 2018: 14,166$ Jan 2019: ?????? The stat says we are having steady progress. Stats show a Bear Market from 2014 thru 2017. So if history does repeat itself. Jan 2018: 14,166$ Jan 2019: 3,499 Jan 2020: 4,159 Next Bull Run Jan 2021. If BTC is still around. * Problem is this , Miners are firing staff and closing up left and right as for costs to maintain the network exceed the market price of BTC. In the past history, the miners still had a little profit wiggle room. Now they are all losing money and have been for ~year. Too many miners drop off and BTC either becomes ripe for a 51% attack or network stalls for months until the few miners that remain wait for the difficulty to drop. Either way the price of BTC will crash. :P Don't really see BTC surviving until 2021, not as it is currently coded anyway. If BTC does not evolve , BTC will die. PoW is a Failed experiment of a winner take all design, which makes everyone a loser. 8) Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: NeuroticFish on December 25, 2018, 06:44:53 PM Miners are firing staff and closing up left and right as for costs to maintain the network exceed the market price of BTC. In the past history, the miners still had a little profit wiggle room. Now they are all losing money and have been for ~year. Too many miners drop off and BTC either becomes ripe for a 51% attack or network stalls for months until the few miners that remain wait for the difficulty to drop. Either way the price of BTC will crash. :P I've heard this quite a lot in 2015. Some were preaching the same sad story. And indeed, some miners did close their businesses. And guess what? Bitcoin didn't die off, instead its price started to rise faster and faster. You have to look at the technology, you have to look at the development, you have to look at the (increasing) number of businesses using Bitcoin as means of payment or just simply exchange it, you have to look at the number of people that knows about Bitcoin or own some. And the story will start to look intriguing: the things look so good and still the price trend looks this bad. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Xardasim on December 25, 2018, 08:41:45 PM You should not look as an investment. And when it was created, I do not think it was priced and they thought they could managed it as they wish (if you think logically, it is easier to do it with paper money). These are unnecessary controversies and majority can be belonged to anything that be able to be traded.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Lizzylove1 on December 25, 2018, 08:49:53 PM With due respect, I don't believe your analysis as the community determine the growth and usage of bitcoin and not some creator trying to push it up and get stuck. Well, bitcoin will soon rise and beat all imagination, this bear is just a time bomb, waiting to overtake the fearful sellers.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: kelz1 on December 25, 2018, 09:34:55 PM I am guessing he means the founders of bitcoin cash are the ones that ruined the bitcoin prices. Bitcoin itself was doing perfectly well having a record breaking amount of stability, even an ETF was looking good until this happened
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: teejayrichard2 on December 25, 2018, 09:42:04 PM if all you said is true, then how do you explain the situation in the bitcoin price which rose and fell several times in the past. was it same push by bitcoin creators?
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Schirer on December 25, 2018, 10:03:05 PM for all outsiders that enter this, you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. What the hell are you talking about, this is ridiculous . How can you deny the fact that we are in bear market, you can rationalize and look for explanations why this is happening , it will not make btc go up. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: cabron on December 25, 2018, 10:18:46 PM Bear Market or not, certainly there is a huge difference between the price today than the price of coins 12 months ago. Calling it a bear market or not doesn't matter. People lose their money due to this liquidity and everyone seem to panic. There is more to educate about the technology than letting them know its not just about profit. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 12:32:28 AM Bitcoin price now (December 2018) is: $3,742 Jan 2011: 0.30$ Jan 2012: 4.99$ Jan 2013: 14.00$ Jan 2014: 747.00$ Jan 2015: 317.00$ Jan 2016: 432.00$ Jan 2017: 998.00$ Jan 2018: 14,166$ Jan 2019: ?????? The stat says we are having steady progress. well first time there was a collapse in price. bitcoins growth story obviously ended. i think this is a support loss spiral, entire world wants to create money and find idiots doing something for it. not just nakamoto, and these forum members here. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: BrewMaster on December 26, 2018, 02:01:13 AM one of the downsides of bitcoin communities have always been the fact that there will be a lot of kids in it who don't understand anything about the market but insist on participating in it. some of them choose the route of nonsense spreading because they think if they do that they can make money by shorting bitcoin or maybe buy more of it when it drops more.
based on what i have seen this type of people is contributing to volatility, not by their nonsense but by their late FOMO purchases and panic sells that feeds the whales. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 02:02:26 AM oh noooo
vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 02:03:55 AM one of the downsides of bitcoin communities have always been the fact that there will be a lot of kids in it who don't understand anything about the market but insist on participating in it. some of them choose the route of nonsense spreading because they think if they do that they can make money by shorting bitcoin or maybe buy more of it when it drops more. based on what i have seen this type of people is contributing to volatility, not by their nonsense but by their late FOMO purchases and panic sells that feeds the whales. well you have created a currency whos value is completely just based on the attention it has (attention hack) this way you are forced to live with the negative consequences Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: michellee on December 26, 2018, 02:12:21 AM I am a little bit confused about what his say because although we are in the bear market, the price does not stay at the lower price but the price still moving up and down and I don't think that the price will be sideways in one level price. I won't say it's bear or bull, but I'd better say that the market is making good progress and the best news is the market still alive, and it shows by the changing of the price in many times.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 02:14:16 AM I am a little bit confused about what his say because although we are in the bear market, the price does not stay at the lower price but the price still moving up and down and I don't think that the price will be sideways in one level price. I won't say it's bear or bull, but I'd better say that the market is making good progress and the best news is the market still alive, and it shows by the changing of the price in many times. well to me this forum feels today quite different to the past, once it was a hey look we made money bring your savings and buy ittowards how the hell can we survive. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: biskitop on December 26, 2018, 02:21:10 AM and worse, the cycle occurs repeatedly. people sell the bitcoin they have to buyers, and buyers then sell it again in the same market, so basically bitcoin doesn't move far and this makes it very difficult to grow. there should be a certain company or agency that accepts bitcoin as a payment tool so that there is a transfer of bitcoin flow.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: mk4 on December 26, 2018, 02:33:44 AM oh noooo vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 02:40:04 AM oh noooo vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else. my oppinion was clearly no bearmarket but -> support loss spiral Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: BrewMaster on December 26, 2018, 02:58:28 AM vitalik "I don't believe in proof of work!" this has nothing to do with bitcoin. he is just trying to make more money by forcing an ethereum hard fork to PoS where he can do nothing and earn profit on the huge amount of premined ether that he owns. one of the downsides of bitcoin communities have always been the fact that there will be a lot of kids in it who don't understand anything about the market but insist on participating in it. some of them choose the route of nonsense spreading because they think if they do that they can make money by shorting bitcoin or maybe buy more of it when it drops more. based on what i have seen this type of people is contributing to volatility, not by their nonsense but by their late FOMO purchases and panic sells that feeds the whales. well you have created a currency whos value is completely just based on the attention it has (attention hack) this way you are forced to live with the negative consequences nobody is forcing your to continue buying and using bitcoin. sell your bitcoins, stop and get out and log out of here too.... oh wait, you won't ;D Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 03:02:57 AM nobody is forcing your to continue buying and using bitcoin. sell your bitcoins, stop and get out and log out of here too.... oh wait, you won't ;D i dont think vitalik needs more money, his is already billionaire. i am fixing the negative consequences of the attention hack you did for me personally and shifting them towards my interests. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: ranman09 on December 26, 2018, 03:03:04 AM The chart is going down, and it's not just a down it's a huge down, so I won't call it anything but a bear market. Don't worry it should go up soon. Bitcoin nearing a bottom and it won't be there for long because of bitcoin's potential. We just need to be patient.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: imstillthebest on December 26, 2018, 03:06:00 AM The chart is going down, and it's not just a down it's a huge down, so I won't call it anything but a bear market. Don't worry it should go up soon. Bitcoin nearing a bottom and it won't be there for long because of bitcoin's potential. We just need to be patient. No mate . the price is starting to recover because as what ive seen , almost all coins that hodl are now all in green and they have rise alot of percentage . with that , i can safely say that this is already a bull ( a partial bull maybe ) . If you didnt notice what ive noticed , then chances are you are only foccusing on one to two coins . Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: hulla on December 26, 2018, 03:15:37 AM for all outsiders that enter this, You're right with what you said about this current market not to be a bear market but I believed it market correction. Like you said the big whales which you founder manipulated the price of the market by pumping their money into the market and once the price reaches a new ATH the next thing they do is to dump their holding which will lead to them making profit while the new investors are the prey. you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: mk4 on December 26, 2018, 03:20:41 AM my oppinion was clearly no bearmarket but -> support loss spiral And that's not even an opinion. I'm not going to disagree on the "death spiral" part, but bitcoin not being in a bear market is just factually wrong. Check my previous reply, in case you didn't notice it or if you purposely ignored it: Before making such claims that the markets aren't in a "bear martket", probably take a few minutes to search on what a bear market actually is. It just shows how unwilling you are to double check or verify your "facts". "a market in which securities or commodities are persistently declining in value" - Merriam-Webster[1] So whatever the reason is on why bitcoin is dropping in price, may it be because of the "bitcoin founders"(whoever you're referring to) pumping the price, may it be because of Putin, may it be because of aliens or something, bitcoin is in a bear market. And that is a FACT. Also, in behalf of the level-headed people here on bitcointalk, stop it with your baseless conspiracy theories. Thanks [1] https://www.merriam-webster.com/dictionary/bear%20market Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: pooya87 on December 26, 2018, 03:57:33 AM oh noooo vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else. they are just trying to revive ethereum which has been having one problem after another in addition to wanting to regain their 100% control over the network as they feel threatened by miners and the way they can take the control they had from them, specially with ETH ASICs now starting to become a thing. as for OP, he is just using "buzzwords" in an attempt to create what he thinks is FUD... Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 03:57:38 AM my oppinion was clearly no bearmarket but -> support loss spiral And that's not even an opinion. I'm not going to disagree on the "death spiral" part, but bitcoin not being in a bear market is just factually wrong. Check my previous reply, in case you didn't notice it or if you purposely ignored it: Before making such claims that the markets aren't in a "bear martket", probably take a few minutes to search on what a bear market actually is. It just shows how unwilling you are to double check or verify your "facts". "a market in which securities or commodities are persistently declining in value" - Merriam-Webster[1] So whatever the reason is on why bitcoin is dropping in price, may it be because of the "bitcoin founders"(whoever you're referring to) pumping the price, may it be because of Putin, may it be because of aliens or something, bitcoin is in a bear market. And that is a FACT. Also, in behalf of the level-headed people here on bitcointalk, stop it with your baseless conspiracy theories. Thanks [1] https://www.merriam-webster.com/dictionary/bear%20market that is all with the assumption that you are a legitimate institution in a static market and not a group that executed a stealthy attentionhack. from that perspective the "bear market" part is questionable. as the support for that hack will diminish. but we dont have to be in a conflict here we will see anyway. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 03:58:47 AM oh noooo vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? So Vitalik believes proof of stake>proof of work. So what? While I entirely disagree, it's a hugely debatable topic. As for your opinions though? That's something else. they are just trying to revive ethereum which has been having one problem after another in addition to wanting to regain their 100% control over the network as they feel threatened by miners and the way they can take the control they had from them, specially with ETH ASICs now starting to become a thing. as for OP, he is just using "buzzwords" in an attempt to create what he thinks is FUD... i dont care about ethereum i dont even use it, i like waves much more, especially because its not overrun by speculants, (its speed and security are here a plus) i dont think encription plattforms will be significant in the long run, like they are currently. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: btcmaker21 on December 26, 2018, 05:56:24 AM Was quiet some time not active but this guy got me going again :)
So a Sr.Member wants to tell us Bitcoin is in the "Support Loss Spiral" ... Same as 2013 and the drops before huh? ( beside that "(temporary) Support loss spiral" is just another definition of "bear market" ) and at the same time supporting other Cryptos? (Waves for example) while all coins acts nearly just "as a whole" Thats Non Sense ! I Also think someone just want to spread FUD (in a very bad/cheap way) See ya guys at 50k :) Support didnt started yet just a normal market reaction, huge wins, huge losses but in the end all ok Lets see how it goes if people realize its not a "Support loss spiral" ... FOMO incoming and even more people will come because we are still alive with another bull run .. and this guy will be probably still here and jumping on the train too again .. MAKE YOUR OWN RESEARCH EDIT: AND you should be exceptional careful with those "experts" who sound like they 100% know whats going on, like me and this guy... :P but just one can be right, right ? :) Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Kakmakr on December 26, 2018, 07:12:26 AM Spoken like a true shill. <Just check his post history, it's about 99% negative about Bitcoin> ::)
Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. ;D The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. ;D Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: BitcoinHodler on December 26, 2018, 07:16:23 AM Spoken like a true shill. <Just check his post history, it's about 99% negative about Bitcoin> ::) Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. ;D The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. ;D he is no longer negative about bitcoin, he is now purely bullshitting about bitcoin :D and that surprises me because in this forum it seems like people don't look good at spammers but at the same time people like OP get away with spamming a couple of new topics repeating the same thing every day!!! Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Dreamace7 on December 26, 2018, 07:37:49 AM Well you have a nice postulation as to what's affecting the price drop of bitcoin but we have had so many already and that's not what is wanted and the moment
In my own opinion there should be more of possible solution suggestions Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: keanne_isaac on December 26, 2018, 09:07:47 AM I value your personal views but for me current marker condition was the correction effect of bitcoin price last year where we see huge price surge and every one are jumping in the crypto market hoping their money would be double or trippled but that was not been happening comes thing worst price drop significantly and new investors are losing money
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 09:11:56 AM i think without attracting new investors bitcoin is doomed due to default passive capital loss, comming from various issues.
1. loss in investor confidence 2. electricity bills of miners. 3. negative trade ins due to unpopularity in usage as payment method. -> slow -> ressource costs -> transaction costs support loss spiral is not equal to "bear market" although it doesnt matter what i say, bitcoinfounders will continue to spread the "bear market" myth if they would 100% know that it is not a bearmarket but as i suspect a support loss spiral Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Distinctin on December 26, 2018, 12:40:47 PM Spoken like a true shill. <Just check his post history, it's about 99% negative about Bitcoin> ::) The development is steady but the price is growing down, last year, price is not really an effect of development but the effect of FOMO.Bitcoin adoption is growing stronger at a steady pace and we are not in a rush to prove you wrong, because history has already proven you wrong, several times before. ;D The Lightning Network is growing bigger and Bitcoin ATMs are being distributed at a astonishing rate and SegWit adoption is almost 100% matured now. ;D I believe this year was really a bear market, bitcoin will not die because it has been declared dead many times, yet, it's still making a big come back from time to time, breaking it's ATH. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: btcmaker21 on December 26, 2018, 12:44:00 PM Well tell us why bitcoin survived 2013 and why its so much different NOW, yea we hit 500-20k instead of 100 to 1100 once, and? longterm upward movement is still clearly there you can fud like this if we fall under 1k again
Bitcoin investors who have been some time around just wait for sign of live ( like breaking some support lines which indicates upward movement ( specially with high swings because of FOMO..), once the train started again they all hop in again.. specially if we have like once doubled and so on and bitcoin reaches the news again for example..) Bitcoin have those huge swings because people are unsure what will happen but it doesnt matter if -/+ 80% or -/+ 5% like in stocks it just needs to happen or it would be a "superbubble" ( in my opinion ) Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: AB de Royse777 on December 26, 2018, 12:56:58 PM Bitcoin price now (December 2018) is: $3,742 Jan 2011: 0.30$ Jan 2012: 4.99$ Jan 2013: 14.00$ Jan 2014: 747.00$ Jan 2015: 317.00$ Jan 2016: 432.00$ Jan 2017: 998.00$ Jan 2018: 14,166$ Jan 2019: ?????? The stat says we are having steady progress. well first time there was a collapse in price. bitcoins growth story obviously ended. i think this is a support loss spiral, entire world wants to create money and find idiots doing something for it. not just nakamoto, and these forum members here. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 01:10:04 PM Bitcoin price now (December 2018) is: $3,742 Jan 2011: 0.30$ Jan 2012: 4.99$ Jan 2013: 14.00$ Jan 2014: 747.00$ Jan 2015: 317.00$ Jan 2016: 432.00$ Jan 2017: 998.00$ Jan 2018: 14,166$ Jan 2019: ?????? The stat says we are having steady progress. well first time there was a collapse in price. bitcoins growth story obviously ended. i think this is a support loss spiral, entire world wants to create money and find idiots doing something for it. not just nakamoto, and these forum members here. jes i am a time traveler from the future bitcoin crashed in 2019 i am just to protect investors here Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 26, 2018, 01:11:09 PM Well tell us why bitcoin survived 2013 and why its so much different NOW, yea we hit 500-20k instead of 100 to 1100 once, and? longterm upward movement is still clearly there you can fud like this if we fall under 1k again Bitcoin investors who have been some time around just wait for sign of live ( like breaking some support lines which indicates upward movement ( specially with high swings because of FOMO..), once the train started again they all hop in again.. specially if we have like once doubled and so on and bitcoin reaches the news again for example..) Bitcoin have those huge swings because people are unsure what will happen but it doesnt matter if -/+ 80% or -/+ 5% like in stocks it just needs to happen or it would be a "superbubble" ( in my opinion ) bitcoin was not in global awareness in 2013, icos were unknown in 2013. there where no useable encription services. like ethereum back then. it will get even worse once the indexation and market definition issue gets decentralised. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Xiroartoni on December 26, 2018, 11:22:37 PM for all outsiders that enter this, What have I just read? Where such conclusions? I understand that there are people who manipulate the price of assets, but they are not stupid enough to drive themselves into a corner. I know a lot of people who recently bought bitcoins for the first time. This suggests that the inflow of capital is possible and it will be. The circle of people who know and buy bitcoin is still very small, but it is growing steadily.you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Escf4 on December 27, 2018, 01:32:31 AM Anything what they call for this falldown of price value of the cryptomarket, does not make sense , whatever names to be called for this falldown season can still be considered ,because every crypto member or investors is entitled to what names or opinion they say as long as it is related to bitcoin and cryptocurrency talks and the forum as it will not hurts other feelings is going to be okey and fine.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 27, 2018, 04:07:41 AM for all outsiders that enter this, What have I just read? Where such conclusions? I understand that there are people who manipulate the price of assets, but they are not stupid enough to drive themselves into a corner. I know a lot of people who recently bought bitcoins for the first time. This suggests that the inflow of capital is possible and it will be. The circle of people who know and buy bitcoin is still very small, but it is growing steadily.you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards my conclusions are good i am doing them since beginning of 2018 and they where all confirmed by reality. its you who constantly is spreading trash that isnt going to happen like (bitcoin 1 million usd) Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: AB de Royse777 on December 27, 2018, 11:19:24 AM jes i am a time traveler from the future bitcoin crashed in 2019 i am just to protect investors here Mighty god!Do time travelers really exists? I am interested to make a bet. Which day of 2019 you are comfortable? May be it's time for you too change your future LOL its you who constantly is spreading trash that isnt going to happen like (bitcoin 1 million usd) It's hard to tell anything.How about this In Jan 2011 when bitcoin was $0.30 then if anyone would say bitcoin will hit $20,000 someday then what would you say? trash right? Don't pretend that you know everything. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Twentyonepaylots on December 27, 2018, 11:32:19 AM if all you said is true, then how do you explain the situation in the bitcoin price which rose and fell several times in the past. was it same push by bitcoin creators? You maybe right of your statement but lets accept the real status that the down turn on the recent activity on the market was due to a lot of issues concerning crypto market.the FUD, Scammers, Hackers, and the never ending issue on Regulation by the financial government agency which until now is not yet resolved. Lets monitor the market for a more favorable crypto market status come 2019. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: nicster551 on December 27, 2018, 11:38:14 AM for all outsiders that enter this, you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards If I see that charts for the whole prices of Bitcoin for where it has been then it is not seem to be in a bear market, but for a time like this then it is. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 27, 2018, 11:59:21 AM if all you said is true, then how do you explain the situation in the bitcoin price which rose and fell several times in the past. was it same push by bitcoin creators? You maybe right of your statement but lets accept the real status that the down turn on the recent activity on the market was due to a lot of issues concerning crypto market.the FUD, Scammers, Hackers, and the never ending issue on Regulation by the financial government agency which until now is not yet resolved. Lets monitor the market for a more favorable crypto market status come 2019. i think cryptomarket will resolve itself how power has been always distributed, and thats not through anyfakes. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: clonely on December 27, 2018, 12:33:57 PM This bear market analogy is a term taken entirely from stock markets. And it is obvious that it is similar to the bear market even if it is true what you've said.
Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 27, 2018, 01:36:52 PM This bear market analogy is a term taken entirely from stock markets. And it is obvious that it is similar to the bear market even if it is true what you've said. a stock -> addition into an ongoing standardised market bitcoin -> "innovation" that tries to establish itself thats quite though claiming that you insert bitcoin as a foreign body into an organism like the united states. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: KingScorpio on December 27, 2018, 01:46:14 PM yes, it is not Bear Martket, it is Bear Market corrected it, says someone from a forum that spreads the term hodl Title: Re: Let me be clear to you, this is not a Bear Market! Post by: Genosx on January 01, 2019, 03:26:32 AM Yes, bear market is a monopolistic move which dictates the price by one service provider such as electricity.
In terms of investment it is not likely to happen since there is a real competition happen inside the market. Title: Re: Let me be clear to you, this is not a Bear Market! Post by: BADecker on January 01, 2019, 10:39:46 AM It's definitely a bear market, but in the wrong direction. Of course, that makes a bull market into a bear market.
8) Title: Re: Let me be clear to you, this is not a Bear Market! Post by: cizatext on January 01, 2019, 10:54:56 AM Well the only name associated with bitcoin is Santoshi Nakamoto and he have remain anonymous since bitcoin creation and despite owning a huge amount of bitcoin which is capable of manipulating the market but choose not to aside him there is no individual that can be pointed to as having any control over bitcoin and what you are saying is that bitcoin is in some kind of liquidity chain that I don't agree with you.
Title: Re: Let me be clear to you, this is not a Bear Market! Post by: Distinctin on January 01, 2019, 11:16:37 AM It's definitely a bear market, but in the wrong direction. Of course, that makes a bull market into a bear market. LOL, whatever we believe it is now, only one thing is certain and that is all our investments are down. 8) If this would continue, we might loss some big investors, but since we survive and we are in the new year, maybe we should be more positive now. And whatever in our mind, let's hope the rise will start and we can spread the good vibes. Title: Re: Let me be clear to you, this is not a Bear Martket! Post by: Johnzky on January 01, 2019, 11:49:06 AM oh noooo I don’t know why you are staying in cryto community while you have no faith on the pioneer and top cryptocurrency in this forum?and why do you think we will hate you by spreading Fud for vitalik buterin when the man can’t even explain why he’s abandoning ethereum to drop from top 2 coin to number 3 now,we bitcoiners only laugh when we saw people like you who’s desperate to bring bitcoin down but the truth is you are only waiting for another lower value of this coin before purchasing lol.stop this mate you are not helping the community vitalik attacks bitcoin https://twitter.com/VitalikButerin/status/1077548790272405504 "I don't believe in proof of work!" what you gonna do now? hate vitalik like you hate me in this forum? Title: Re: Let me be clear to you, this is not a Bear Market! Post by: Reid on January 01, 2019, 11:57:35 AM I do think you are just comparing a year market.
Why not go back where it is just at $300. If you are already in crypto currencies at those times then until now you will in awe at how much bitcoin grew. Can any commodity or stocks does that? A 10 fold in just how many years? 3? 4? But this is what I think. You are too much worrying at the price. Why not look at how much it grew on being accepted by now. Japan? Who have thought they would accept it widely? I thought bitcoin will just be used for black propaganda and yet here we are now. I even thought it was just an imagination. Title: Re: Let me be clear to you, this is not a Bear Market! Post by: charlotte04 on January 01, 2019, 12:07:03 PM for all outsiders that enter this, you have to understand that the current claim that bitcoin suffers from a "bear market" is absolutely wrong. the bitcoin founders in their unlimited greed tried to push the price as high as possible, but ultimately wasted, aquired all possible support they were able to obtain. without potential new kapital to attract they are now in a stuck situation, as they cant attract new capital anymore to push the value of their beloved "bitcoin" this stagnation combined with the automatic liquidity loss (miner electricity and infrastructure bill) leads to a slow drain out of capital for bitcoin. but thats not all, they also are trapped in a death spiral, as people that use bitcoin as a currency, will pay it to someone who doesnt share their "investor confidence" through the existing deathspiral the bitcoin "earners" then sell their bitcoin in the market again which leads to a continueing collapse in value. the whole story about "bear market" is just wishthinking or worse deliberate satisfaction, or moral stabilisation procedures to keep intact their "community". from a socioeconomic perspective of bitcoins situation according to logic, you are never in a bearmarket, but in reality in a support loss spiral regards It is obviously a bear market to me since it has really dumped way lower than the peak. But I guess if you try to see all of the chart from where it has started then you can really say that it isn't a bear market. Title: Re: Let me be clear to you, this is not a Bear Market! Post by: Lieldoryn on January 01, 2019, 12:38:23 PM The whales are accumulating coins. They can easily manipulate prices through exchanges so for me there is no such thing as a bearish or bullish market. There is only objective reality. You can agree and sell at a low level or wait for the period when the whales want to extract the maximum profit and start pushing the price up.
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