Bitcoin Forum

From all the major flaws presented in Bitcoin one could say PoW is the major flaw of them all making the coin more centralized than even most people can't afford to keep up with other miners, these are day traders doing there thing again making profits on your losses, beware most say it's like gold it doesn't need to be fast but in reality it just isn't so secure.

what makes it appropriate? besides usability, regulation can also pump. for example when bitcoin is officially authorized by the state as a legal investment asset to be traded.

you need to start being innovative if you want to spread FUD which mandates coming up with new stuff which people have not yet heard about so that you can fool them into believing the nonsense that you are spreading.

take a look at these: https://99bitcoins.com/bitcoin-obituaries/ to learn how others have spread FUD in the past 10 years ;)

What did I just read? are you sure what you say about bitcoins PoW is a major flaw? you've got to be kidding me. IIRC, there's the same post like this before. I just barely remember it when.

FUD alert, the haters are here again to talk shit about bitcoin and how we are not going to see a growth in the price of the coin, well I think this is very familiar and what have always been the end of it, “lies”. We have seen people who have influence in the world calling bitcoin a scam and yet we still saw a significant growth in the price of bitcoin so you should watch your statement and better go get some bitcoin in your wallet because the bull run is here.

I am trying to fathom the intention of the OP behind this post, if not to spread FUD and make weak hands to dump their btc. Among so many coins in the crypto space, btc should be the most desired at the moment.

Dump is more reasonable in the bear market and expecting the pump is not good idea under such market circumstances.  4k level is biggest resistance for months and this level will be a red line in the future if there gonna be a new pullback in charts.

Who are you to say BTC won't go past 4K?
When making such allegations, you must have concrete proof and analysis not just posting for the sake.
I bet you will be like are one of those chaps who thought that BTC wouldn't go even past 6K in the beginning of the 2017 bull run

I don't understand your point, there are more to BTC than miners and this was proven with the fight against SegWit2X, the issue with most people is that when they are at disadvantage they tend to blame others, this is a simple Game theory in place and most people in business always try as much as possible to monopoly the market but company like Antpool must by now have learnt their lessons

In the case of crypto, counter-opinion is a common thing and often occurs among communities even among crypto users themselves. Although there are always two sides displayed, namely the positive and negative sides, but must be acknowledged that the negative side's "usually" often far more popular but also rapidly becoming viral. But here you're just leaning on the negative side, so you're only able to look at it with one eye to the enormity of the positive benefits it has brought. If you continue to hold on to your negative standpoint which is not objective, I think you will be left far behind, because you are not smart in utilizing the potential that exists in cryptocurrency.

Im already tired on reading up Fuds towards btc all over and over again.People can anytime attack nor give predictions which they dont even know on where the price would go.
They do make jurisdictions or conclusions basing on whats up to their minds from year 1 upto 10 we do able to see the same old story but bitcoin do shows or proves out that
no one can able to predict on where it would go.

Don’t fall for the pump? Yes be smart
Bitcoin won’t pass 4k? No I disagree; the market can only be assumed not predicted correctly

Bitcoin doesn’t deserve what ? The massive adoption is loud, the bitcoin atms are widespread
So what are you implying ?

well, i think it is the idea of the investor if he or she considers it a pump enough to commit his/her funds to it for purposes of investment. i for one do not consider the surge in price of the bitcoin before attending to investment ideas and opportunities when i see them, i only do some degree of research

Not sure what you're trying to express here, but the blockchain technology underlying Bitcoin has been proven to be relatively secure based on proof-of-work and value wise the market still hasn't managed to turn bullish yet, hence the low prices, but things won't remain that way forever as there's plenty of forecasts for further improvements from the second quarter coming up so I wouldn't worry too much about any of these issues

Oh right! These are the days when FUDsters like you wake up all of a sudden and start spreading FUD about bitcoin. But hey, don't you think you should have been more creative if you thought that people should believe you.
Common man, you gotta put some effort if you want people to even read your whole post. I bet many people like me would not have even read the whole post since we know what shit you are gonna post anyway.
We all have been through this and I am quite sure that you will soon stop shilling and we be grinning when bitcoin goes ATH. I must say, you must be having a ninja technique or something to wake up when bitcoin finds a new bottom.

The truth is bitcoin was breaking $4k in many times this month and I am very sure that bitcoin can break higher than now. People already learn from the past and they know that there are other people who don't want to see bitcoin increase higher again, but they don't think that people know what they are saying. You can keep spread those word in out there and make public scare to invest in bitcoin but you don't know that the public will learn first before they invest in bitcoin and they will still invest in bitcoin. So it is better you don't say bad news or else because people now become smart ;)

Miners do not control Bitcoin. If you cannot afford to be a miner, don't mine. It doesn't matter. Mining Bitcoin is a business that only people with cheap energy should have. Bitcoin is a decentralized project. The decisions are discussing in public and people could make a choice if they do not agree. And 4k is still a great price for accumulation. Go buy some Bitcoins

I am not sure this little article of his is even enough to convince 1 person not to invest in bitcoin talkless of convincing thousands of people who are fully interested in investing and still waiting for the right time, for me, after reading it, I still see some positive things about it like when he said, do not fall for pump, which he is right, there is a difference between pump and bull run, what I am waiting for is bull run which will come in a steady way not matter how long it takes.

There is a price of bitcoin I believe in so much that no matter the short pump done by these whales to make people dump, I will not dump until I am satisfied with a particular figure, so he is right on his advice, I won’t fall for any pump for now.

Well btc would not be under 4k in coming time and so people who think that it will not rise will know later that they had missed the opportunity of buying at this price and making some gains from their investment. So better to invest now rather than keep looking the btc rise and missing this opportunity.

So what if it's PoW? That fact was a long time ago accepted by many and if you're just comparing bitcoin PoW to others then you're just a  bigger fool. People now are perhaps knowledgeable than before and this kind of statement will just take as rubbish and fud and nothing to take seriously.

I smell from here that you're a shitcoin bag holder. Ooooppsss.

It doesn't look like a pump to me ,either it stays pass 4k or not the bear market is over and that's what matter to me for now because since last bullrun bearish movements have been crippling the market price

I do not agree with your argument, this kind of statements i have heard from bankers and people that missed the boat or just want to pull down btc and crypto but they should know that this tech will soon become unstoppable and you will see it everywhere.

people like OP are always around lashing out at everything else just because they have made mistakes in the trades they have made. for example a lot of them sell at the bottom because some FUD online told them price is going to fall down to $1000 and they wanted to stay ahead but they forgot that they were being fooled into giving up their bitcoin so that the foolers can buy it from them.

It seems that the price of Bitcoin has strengthened above the mark of 4 thousand dollars and if it lasts at this level for some time, then we can assume that the price will rise further. The PoW algorithm did not prevent Bitcoin from reaching 20 thousand dollars for one coin, because PoW is its advantage, not a disadvantage.

Well when it dropped from 20k $ people said the opposite, btc will continue to grow this is just a correction but that wasn't. Now people says it is a fake pump will drop below 4k $, i think they are wrong too.

Bitcoin is pumping past $4100 so it looks all set for lift off. Perhaps some big new is coming up that the whales all know about, then again it could be another bull trap. Either way, it will eventually rise so best to get in there early

It all happening due to the market condition there is nothing wrong or right to be here,all we have to check the market condition and the amount we are investing on long or short term as per our desired profits.

And how do you understand that some coin deserves to stay at low price and another one not? How Bitcoin deserve something of that?

I think you are always concluding on Bitcoinprice based on what happened 2017, the pump that happened sudden there was too fast and that is why it crashed since it didn’t slowly get to the price.

Bitcoin  adoption is still at its early stage and still has a very long way to go, within the next 10 years, at least, over 500 million people are expected to have gotten a glimpse of the system and start making use of it for their financial operations, some will come to trade, some will use it to make payment and majority of people will keep it value like gold, and as these people come in to perform one or 2 transaction frequently, we will keep experiencing gradual growth in the price of BTC till it reaches ATH but for now, it’s stability is what we need to achieve this and if it will stay on $4000 for now to achieve that, it won’t be a bad idea.

Let me just believe you are joking, Bitcoin as once pumps more than $5k and it we definitely pump more than that very soon. Bitcoin is not just anyhow project, is a project with standard Team and capable partners.

PoW may have weaknesses but it's not bad. yes maybe you're right this system has injustice. Miners with small funds will lose to those who have unlimited money. but after that there are many ways to make a profit. bitcoin is not gold, but more valuable than that.

You predict wrongly, in fact the current bitcoin price has reached more than $ 5 thousand and this is not caused by the pump but because of the recovery in market prices so that in the near future the bitcoin price movement has slightly increased

In as much as I will agree with your statement, I will also say that you do not have proof for your statement. I am quite sure your statement is based on the assumption from what you have seen so far about the price of bitcoin. Let me tell you something, during the rise of bitcoin in 2016, nobody could have think the coin will grow so high within few months. Infact, this is what bring people like you into bitcoin because you think things will continue to go rosy. but believe me you need to follow crypto with your mind.

Really, how this come bitcoin is already over 5000$ and some source say that the price will go to 50,000$ and why it not deserve it? What happen and why you don't believe on crypto?

This is one of the reason I don't believe "most" cryptocurrency prediction nowadays. You just said BTC won't exceed 4k (although it was in March) but what happened last week?  Slow and steady wins the race, gradually it will continue growing in value. Bitcoin has come to stay and with time it will be regarded as gold.

Don't worry because they only speculate and there are some people who spread fear to everyone after this pumping occurs and in the end they will become hypocrites by preparing to take the same benefits as most people, I believe it will achieve it, but we only need time to continuing the positive trend in the future, this is still in the first step to becoming more advanced after everyone believes that crypto will always win in the future.

You made this post on March 19th, in less than a month BTC crosses 5k. What I have learnt is that, this bitcoin is a valuable coin which most investors don't joke with. No matter what might be happening now, BTC will still rise higher, might not be now but will happen.

I don't think people would care that much at all as long as it's a sound money. As long as you can take profit money from it, just ride with it. Bitcoin croased 5'000$ just a week ago and I think it's a good step the current market had taken so far.

Now that BTC went above 5k, what are you going to say about that? The market will recover and even be better than it was, the issue is when this will happen no one knows, but belittling BTC isn't right.

All I can see is underrating of BTC and it's not good either. Today it is worth above 4k isn't that a sign of a trustworthy coin with all the neccessry potential to keep moving high, may not be instantly but gradually up it will continue going.

So what is your prediction now when the price is above five thousand dollars, it is just manipulated by day traders  :D, this is the first time i am hearing this, why not they manipulate the price o a daily basis and make a hell lot of money, just doing at for a few occasions just kills the fun right  :P.
In your concept which is the most decentralized coin and most secure. If you start a topic and claim some stupid things about bitcoin is not secure, you have to explain that clearly so that everyone can understand.

Of course the market will recover but no one knows when everything will run normally again, bitcoin will also slowly rise followed by other coins, of course all require a process to be able to get back up overall and of course all waiting for cryptocurrency to squirm back

No, I guess rather than demotivating the people around bitcoin community, we should add hype to the bitcoins latest market price. That will going to work as people keeps on investing, market price is getting even better. Bitcoin community is so huge it can even pass 10K dollars this year.

You are just another troll with a big mouth but nothing to back your claims.

Bitcoin will go above $100k in a few years and trolls like you again fail to acknowledge its success. The only real development happens on bitcoin.

Won't stay above $4k?

Hello from $5k to you.

I am glad the OP too can see now that his predictions are quite wrong, BTC did not only pass the $4k but has been gone above $5000 and surely will touch the value of $6000 by next week, I expect BTC to reach $5500 this week and continue till it picks next week target.

So the OP and everyone who believes that BITCOIN will not function properly irrespective of whatever condition we may believe will affect it, POW or not, what matters most re investors and their funds, Demands are getting quite stronger than its supply now, and the more investors continue to demand which this phase we are now is the accumulation phase, the more we will continue to witness an increase.

Well one thing to learn is that  prices cannot be determined, overestimated or underestimated
It changes with time and events

So dyor and don’t be carried away with speculations
Fud does harm than good to spreaders

I guess we continue normally. Bitcoin has made good progress in recent days and it seems to be continuous. This price increase was a good motivation, and I can not see the big obstacle to pass $6000.

How sure are you about what you're saying?

I think you just had a bad experience investing in crypto if so then keep it to yourself, because spreading FUD wont help the investors to stay still.

Have you check the current price? Its already beyond $5k and progressing each day therefore your conclusion is not true.

In your face man, we have already seen the price of Bitcoin break the price of $4000 and have even gotten to $5200 and you will still be shocked because the price will soon grow to $6000, you are one of those persons who love to spread FUD news in the crypto space but one thing you should know is that people in the crypto space don't really care about FUD news anymore due to the experience we have had in past times of 2017.

This is certainly a form of FUD creation. No one can actually tells if the current situation in the market will lead us to the real and massive bull.