Bitcoin Forum

Economy => Speculation => Topic started by: bitcoinsrus on March 27, 2014, 08:57:48 PM



Title: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: bitcoinsrus on March 27, 2014, 08:57:48 PM
First of all, i thought i was trolling, but everytime i read a comment on speculation etc, it seems like 25-50% of the people on here try to cause panic etc.

Is this just people spreading fear, uncertainty and doubt so they can buy the panic sells or what?

Do people (on here) believe in bitcoin (and if so why are there many comments bashing it and saying its going to fail because of small bumps in the road)?

What are your thoughts on bitcoin?


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: alexeft on March 27, 2014, 09:01:45 PM
First of all, i thought i was trolling, but everytime i read a comment on speculation etc, it seems like 25-50% of the people on here try to cause panic etc.

Is this just people spreading fear, uncertainty and doubt so they can buy the panic sells or what?

Do people (on here) believe in bitcoin (and if so why are there many comments bashing it and saying its going to fail because of small bumps in the road)?

What are your thoughts on bitcoin?

When the car was invented, the Brittish passed a law that someone had to walk in front of every car holding flags so that there wouldn't be any accident!!!!!!!  :D


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: podyx on March 27, 2014, 09:02:37 PM
Most people say they believe in bitcoin and that it will go to the moon but they really don't

The few who do however understands the protocol well and just use dips and alike to their advantage


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: seleme on March 27, 2014, 10:06:14 PM
Because bottom is near  ;D


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: Zapffe on March 27, 2014, 10:42:28 PM
First of all, i thought i was trolling, but everytime i read a comment on speculation etc, it seems like 25-50% of the people on here try to cause panic etc.

Is this just people spreading fear, uncertainty and doubt so they can buy the panic sells or what?

Do people (on here) believe in bitcoin (and if so why are there many comments bashing it and saying its going to fail because of small bumps in the road)?

What are your thoughts on bitcoin?

At first the market should of acted more maturely, after the loss of Chinese market. China was lost after they declared in December, that they don't want to see any business activity regarding bitcoin. The market should have acted accordingly, to calculate the loss of demand in China and dropped the price down. But the market was full of reckless fools, and without acknowledgement on what just happened, they went into denial and acted like nothing had happened. They started to put more money into bitcoin themselves, and hoped that this will stimulate the market and others will join in to buy.
The attempt didn't come out very well.
At first they were already struggling to push the price up, but when MtGox hit, then real demand dropped so much, that they had trouble keeping the price from falling. MtGox wasn't just a loss of an market, but it broke any trust that the general public had towards the bitcoin market system. And trust is the most important thing, when offering a service to handle wealth.
More miners were starting to dump their coins that they were holding before for an brighter future. People were starting to cut their losses and leave, because the most annoying and unattractive kind of market, is the slow downwards market. Price has already fallen for several months, but a lot are still illusioned that BTC is holy, so an act of god will soon make their coins cost more.

All this mess.. and all these useless shenanigans are slowing down the process of financial evolution. People should stop worshiping bitcoin and start using their heads and everyone could earn more.


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: Bit_Happy on March 27, 2014, 11:34:16 PM
Why are people so negative?
Bitcoin is down over 50% and hasn't had a decent Rally in recent memory.
Gox Goxxed every last Gox in Goxland.
Many alts are down ~90%
The China Bubble burst
The Winkiegloss Fund is taking a long time to be approved.
BTC mining equipment is only for wealthy people now.
etc, etc, etc.

Sad days are here, but things will get better.  :)


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: Edward50 on March 27, 2014, 11:45:48 PM
Why are people so negative?
Bitcoin is down over 50% and hasn't had a decent Rally in recent memory.
Gox Goxxed every last Gox in Goxland.
Many alts are down ~90%
The China Bubble burst
The Winkiegloss Fund is taking a long time to be approved.
BTC mining equipment is only for wealthy people now.
etc, etc, etc.

Sad days are here, but things will get better.  :)

Will the Winkiegloss fund eventually get approved? Why is it taking so long?


Title: Re: Why are people so negative and doubtful on bitcoin (the comments on here)
Post by: bitcoinsrus on March 27, 2014, 11:47:41 PM
Why are people so negative?
Bitcoin is down over 50% and hasn't had a decent Rally in recent memory.
Gox Goxxed every last Gox in Goxland.
Many alts are down ~90%
The China Bubble burst
The Winkiegloss Fund is taking a long time to be approved.
BTC mining equipment is only for wealthy people now.
etc, etc, etc.

Sad days are here, but things will get better.  :)

Will the Winkiegloss fund eventually get approved? Why is it taking so long?

Combined, they only have 2 pairs of lips and there like a ton of people in washington.

jk ;)