Bitcoin Forum

Dump dump dump. Its driving me crazy, and now that I think about it, why would bitcoin actually rise? I mean its not that it will ever get close to beating paypal, beating USD its just shit.
Only reason im still using bitcoin is for betting but that shit is making me lose because its going down so goddamn hard...

If you are done with crypto, why not spending your crypto balance on charity ? :D


Wait till Friday and make an all-in :D It either you lose and forget about crypto or make a double and celebrate all the weekend. Come on man, think about it, whole weekend.

OP, you're probably more frustrated with your gambling than with bitcoin's performance, though I can certainly understand the latter concern.

Bitcoin doesn't have to compete with PayPal, by the way.  Nobody invests in PayPal except if they buy their stock.  Bitcoin is more than a payment method; it's an investment as well, and that's probably what it most gets used for anyway.  But as with any investments, the value of bitcoin can drop dramatically like it did over the past day--and I don't know how long you've been into bitcoin, but there have been times when the price has dropped much more than it just did.

But if you're done with it, you're done.  However I suspect that when we start seeing bitcoin rise again--especially if it's a huge rise all at once--you'll be sucked back in.  And no shame in that, either.

I have stop following the price for quite a while, trust me you will be back very soon, when I go out the basement what I saw outside the door are... yeah, it’s horrible, I’m still prefer to be prepper until then, you go out and take the risk and what come next is everyone point finger at you for every single fault, you get the worst deal yet get the most blame from the so called we want to help you get rid of your life financial planner.

The weak hands should have stopped a long time ago when the price drops to $3100 USD, what do you expect the market is volatile right now even with certain speculation circulating there are times like this that the price keeps dropping without any reason the way I see it staying calm is the only way you can overcome this but I think your frustration getaway moreover you, people will surely dump but getting cool and not getting the price drop into your head is the best way you can survive this, Holding still is the way to do even though the price may drop to $3000 USD.

If you can't handle bitcoin's extreme volatility, then you shouldn't be holding some in the first place. You've been registered since 2016, I presume that you already know that as it's very very basic cryptocurrency information. Feel free to sell if it's stressing you that much.

Also, if you think that Bitcoin is competing with PayPal, then you missed the point.

Sure, send me your crypto :D

Bitcoin is a very volatile asset man, It's possible that it would dump and dump but it will come to the point that this will stop and go pump again.
The market is just playing on the asset price so be patient with it.
I'm just wondering why would people not complaining when the bitcoin price goes up.

Just remember, when everyone is in despair and is selling is exactly the time that the sharks/experts/whales buy up the cheap coins for the next big bull run. Then those of us that sold low will regret it. That’s how the big boys make money.

Well that's an awesome suggestion. All of us want to become rich overnight with BTC, which is not possible. This is because of rumours like BTC will be one day 100k and ppl waiting anxiously for that day.

Relax, perhaps you are in trouble as well as the majority of people participating in this market. We can't blame bitcoin, it might be a currency of the future but it takes time, but right now it's an investment tool.

Well, you had your run with cryptos, goodbye. I don't think the community needs people who think that Bitcoin is "just shit" when the price is 6% down in 24 hours. Bitcoin is free, unlike those other things you've mentioned. It's not controlled, it's not associated with any country, it cannot be made out of thin air, its price is not regulated by a single entity. And yes, this means that it's way more volatile than fiat, but is not it what you probably liked about it at first? I mean, if it weren't so volatile, all those great profits would be impossible. Bitcoin should be used by people who see something in it, apart from a way to get rich.

Price dumping is natural in Bitcoin market so if you can't take it then leave it, simple as that. You frustration of losing money in gambling, the Bitcoin price decline and negative thinking will not make you feel better but it may cause you to lose even more because you're not in the right state of mind so you might consider to pause your gambling for now.

Anger won't do good to you. Obviously you're pissed because you keep losing with your bets that's why you're saying those things. Though I get your point right now that it's still way too far for bitcoin to reach usd and paypal. But remember, bitcoin is still on its way to mass adoption. We don't know when but bitcoin is taking it slow... For me, bitcoin don't have to beat paypal and usd. I don't care about the others, I'm just hoping for more people to recognize bitcoin.

Bitcoin price increased about 200% this year, since January 1st.

Stop to gamble when buying bitcoin. Invest in it, long term. Don't put money you can't afford to lose.

You just bought it and you are crying the price is going down.. wake up man.

Are you sure your frustration is from bitcoin losing its value or you are losing alot while gambling? bitcoin is not a stable coin, always expect price dumps as well, get used to it or leave while you can

Mate its more then just 6% down... It went from 10k to 6.8k euro

Its bitcoin price im not losing money with betting currently

"You just bought it" shutup you dont know anything

"you dont know anything" -says the dude who's crying about bitcoin's price

Not possible for me, I will always look at the price almost every now and then actually. I can't imagine how much it had fall and trillions of USD in less than a week. Its frustrating even if you don't gamble a lot but are losing money because of these dumps. I'd have to dump mine as well just to save some USD and those who sees $7300-7400 is the bottom of this nosedive might have done it already before me.

Well, if you were expecting a smooth and steady increase in price in the long term, then I really don't know what to say.

Again, and I'm not saying this in a hostile manner, as I'm being sincere here, but holding bitcoin might not be for you if the extreme price movements are stressing you out too much. Or at least decrease you're holdings as it sounds like you're over invested.

I have a right to cry if it fucks me over because it goes from 10k to 6.8k? Not my problem you only have €10 worth of bitcoin

Holding bitcoin is something for me been in this shit since $400

This is just a correction and you experience loosing because you buy at the wrong time. Bitcoin increase its price already from 3000$ in Q1 and this day the price is declining only a small percent,  how much price did you buy your bitcoin did you buy it today?