~Snip
Now I see a clear change in this forum with many people now agreeing that Bitcoin is in a bad place and unlikely to recover combined with stories of people who are now realizing that they have lost a lot of money for nothing.
~Snip
I guess people who said "Bitcoin is in a bad place and unlikely to recover..." just bitcoin buyers in january and still hold till now. I think maybe some of them was very upset with the current situation. But, it's not like bitcoin in a bad place or unlikely to recover, I guess this is normal situation. If Bitcoin in a bad place, why many people still buy it? and If Bitcoin unlikely to recover, why volume on market still high? Come on, Bitcoin is still on the right track! On the right track ? On the track to zero it seems |
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I'm pretty sure the first link is your own article, is that what this is all about constant spamming to link your site and try and make some cash off the AdSense revenue? Wow - you really have no sense of reality do you? I have posted a lot of posts in here. An suddenly there is a link you don't like and think I get Adsense money from it??? wow, yes I will make millions from the few clicks from crypto-cooks in here - can you feel the sarcasm dripping off the walls? |
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The large hype and bubble with Bitcoin at the end of 2017 means that everyone with access to a computer - and the skills to use a computer - has already heard of Bitcoin.
This also means that anyone stupid enough to believe the hype already has bought Bitcoin. There simply are not a lot of new fools out there to ever pump the price again
The only hope HODL'ers have is to convince - and teach - the mentally retarded to buy Bitcoin, as there are not more normal fools to buy Bitcoin (they already HODL).
And therefore the pump will never happen
I see you are back after few months, the rule is that you wake up only when the price is going down - in the meantime you are quiet as a little mouse in your hole. First you are wrong that anyone with computer is heard about BTC, nor is it in any case not closely related. Even if someone heard it about, that does not mean that he understands even 1% of what BTC actually is. To call people who buy or possess BTC fools and mentally retarded, just shows that neither you do not understand even 1% what you could understand that you want. The rise in price or pump will happen again, if you just looked at the BTC charts once in your life you'd realize that the word never it is never wise to put it in the same sentence with bitcoin. People have heard about it allright - they just dont care about. Look at the rapid uptake of products people actually want - such as smartphones, netflix and amazon - then momentum certainly gets build fast, and is maintained (with a bit of fluctuation). Not so for Bitcoin and other cryptos which has already filled the entire market of fools |
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Don't invest money you cannot afford to have "locked up" for a year or two. Don't invest more money than you can afford to lose. Do not borrow money to invest.
Remember: a lot of people go broke trying to out-guess the market, whereas buy-and-hold has been a very rewarding strategy so far.
I have seen many in here who ignored my advice to get out and "bought the dip" at 16.000, at 12.000, at 10.000, at 8.000 and at 6.000. Clearly not a very rewarding strategy.... |
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@freightjoe, just calm down, please don't forget that your reality is not the only reality, their could be many versions of reality depending on who yu are and what your brain is trained for, or if your brain is open or closed.
fact is that outside the small cult of Bitcoin-believers no-one gives a crap about the value of Bitcoin. However, the value of major fiat like USD is something that truly matters in the economy. |
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How to promote ICO without social networks?
Try to get your mother, wife and children to invest. If they do not want to buy, either the idea is bad or you are known scammer. If they do give you money, buy a book on marketing, |
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Blockchain does not need crypto - the statement is true, but the future economy needs crypto and obviously, without scams and fake ICos.
No. the future world needs blockchain - and they are already emerging without the use of cryptos. There is no need for crypto. |
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Can you be more clear about your opinion? What are you specifically referring to when you say that it is unlikely to recover? Do you think that this is the end of BTC? I always like a good discussion so I would like to hear what do you think about this, while BTC hit the rock bottom and stop to exist?
Read the many previous posts I have made on the matter. If you are too lazy to find them and read them yourself why should I bother ? |
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OP, sounds like you should get out while you can.
funny(Not!) how certain people stoop to new lows trying to get others to sell. If you believe what you said, sell, and move on.
I warned about this downturn repeatedly during the year. Anyone who listened to me at any point during the year will have benefitted from minimizing their losses. People like you are too dumb to understand that, and you will for sure lose all your money you have "invested". |
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Just a few minutes ago, found an article on CoinDesk titled "Crypto Winter Is Here and We Only Have Ourselves to Blame" - and the author, Michael J Casey concluded with "Let’s quit this ugly obsession with price. After all, it simply validates the notion that the benchmark that matters is not bitcoin or some other cryptocurrency but the U.S. dollar." I strongly disagree with the conclusion, what about you? Article Link: https://www.coindesk.com/the-crypto-winter-is-here-and-we-only-have-ourselves-to-blameYou can disagree as much as you like - that does not change the reality stated by the author. Bitcoin "investors" sound more and more like the people who defend the flat-earth theory. Totally blind and deaf to reality. |
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Blockchain is a good technology which will find many uses.
Cryptocurrencies are just products made using the blockchain technology - products that is failing to get any kind of meaningful traction after the bubble burst
Cryptos need blockchain (they are build from the blockchain)
Blockchain does not need crypto at all. More and more companies are developing and using blockchain solutions which do NOT involve any cryptocurrencies at all.
Fools who believe the blockchain means that cryptos will also succeed are mistaken. They often point to the internet development, but completely misunderstand it. The internet was a good technology with many applications - but many of the products put on the internet during the dot-com bubble also completely collapsed because there was no meaningful business behind it. The strong ones - like for example Amazon - had solid business ideas based on normal people's needs and behaviours.
Cryptos clearly do not match needs and behaviours, and will therefore fail just like the more idiotic things that were put on the internet in the 90's.
The internet of course survived and so will blockchain.
Cryptos will die like many early failed ideas on the internet.
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let just watch how will btc escape this bubble thing like what they said on the emerging technology of internet before. you will never see the good future of cryptocurrency if you are a non believer.
You are another person in here who clearly fail to understand the difference between blockchain and Bitcoin Blockchain is a technology - likely to see good use in the future Bitcoin is a product that is created using blockchain - and right now a product whose price is rapidly falling because not many are willing to buy it any more. Blockchain does not need cryptocurrencies |
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The large hype and bubble with Bitcoin at the end of 2017 means that everyone with access to a computer - and the skills to use a computer - has already heard of Bitcoin.
This also means that anyone stupid enough to believe the hype already has bought Bitcoin. There simply are not a lot of new fools out there to ever pump the price again
The only hope HODL'ers have is to convince - and teach - the mentally retarded to buy Bitcoin, as there are not more normal fools to buy Bitcoin (they already HODL).
And therefore the pump will never happen
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Looks like we got a hater here who bought at a 19k usd price. That is so sad.
Anyway, you could always wait if you are that patient but I dont think you are since you are way taken by your madness now.
Could it be that you have already sold your bitcoin in exchange for a dusty altcoin just so you could come back.
I do buy the dip and I dont regret it every single penny I used for every satoshi I can accumulate.
You are just too much in a hurry for your ROI which will never happen even in 5 years.
You will probably be better off the crytpo industry.
You surely are not too bright. I have warned against this ever since the peak - and all warning have been correct. Only fools such as you ignore it and choose to live in a delusional bubble not willing to admit you have lost your money |
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When I warned everyone that Bitcoin would continue to go down in the beginning of the year, all the fools in here would not believe it.
Every post of warning - which came to be true - was not believed.
Now I see a clear change in this forum with many people now agreeing that Bitcoin is in a bad place and unlikely to recover combined with stories of people who are now realizing that they have lost a lot of money for nothing.
And for the fools out there who say "if you do not sell you have not lost anything" - clearly they must be the most stupid of "investors" in the world. Of course you have lost the money, you just don't have the guts to tell your wife yet
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A real holders never lose a hope mate, maybe you are not one of them. This is not a good time to sell your funds as because you have now a lot of losses, yes you can cut it right now but mate, as you said, it was a bubble. Its normal that markets have crashes in deep like this but important thing is it will be back soon to its pick
you literally contradict yourself. you agree it is a bubble - and still believe it to go back to the peak. That is just plain stupid - the very definition of a bubble is that prices go much much higher than what the real market is - and therefor of course will never ever get back to those heights again |
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Read the Bitcoin "investors" in this forum and you always see them say the same: "I believe..."
- I believe Bitcoin will go up
- I believe HODL is good
- I believe we will see adoption
- I believe it will go to the moon
and so and...and so on.... and so on
You have no understanding - only belief
Therefore Bitcoin for many people in here is a religion - it is about belief and not about facts and understanding
And religion is an extremely poor investment strategy
my belief in god is only one but I pray to God that bitcoin is given a smooth and easy way, which is getting better prices, avoiding bad people given the ease in mining bitcoin You do know you will lose your money - don't you? |
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We see it every time Bitcoin goes to a new lower level.
Bitcoin "believers" will hurry to say "buy the dip" and "just wait it will come back"
Reality is that every dip is a new lower level - and after that comes another dip...and another.
In the beginning of 2017 very few people had Bitcoin - and therefore the price could quickly move up as a large number of people with zero financial understanding started buying Bitcoin.
Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
Everytime - yep it is not the first time when the Bitcoin bubble burst - are people that are surprised that price go down so much. If someone is saying that it is the end of price drops, is wrong. It is free, high risked market and here can happen everything, so nobody shoud be surprised. Prices can not rise forever also can not fall forever. Next bubble will come, we just have to wait for the moment when people forget about loses and will come more fresh money on market. It is just matter of time.. You show quite well how Bitcoiners do not understand what is going on. In the past very very few people were involved in Bitcoin, and therefore it was easy to find new "investors". At the top of the bubble in 2017 every fool in the world who believed the hype bought into Bitcoin. There is not a new even large group of fools ready to pump Bitcoin again. It is the same with all other speculative bubbles - once the bubble pops, there is no coming back because there are no more new willing fools to buy it |
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