Who else likes this video?
I do like the video too, it shows that the positive side in dealing when cryptocurrency. Knowing it is volatile we should find a way how to manage it without a doubt. And I thank you TimtheYoutuber for sharing this video it adds hope and light of the dark corners in people’s mind during these days. It is good for new investors because they have a chance to buy bitcoin on low price, but overall it is not good because many people bought bitcoin for much higher price and they are in debts. Some people bought in $18000. It means that decreasing price is not good for them. They are waiting to recover their deficits and you say that falling price is good. Makes you think though that on the road to hitting another all time high, people would have to again buy at those 18k onward figures :p i'm just wondering when will people recover from this current debacle and will have the confidence again to buy btc at a high price |
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20k$ dumped to 6K$ was difficult but happened, 6k$ to 500$ is very easy soon will be worthless, So Why Some People Dont Believe BTC is SCAM?
Why do you say so? If you think that bitcoin is a scam then why are you here. You are just spreading FUD and it does not do good. Lol. Let him be. Probably lost a lot of money when he bought in close to 20k  though anything is possible, people who have been in crypto for years understand what's going on and as long as people and whales are in btc, which most likely will be the case for a long time, it will stay. |
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Bitcoin is too resilient to perish though there are fluctuations in the prices on the market. Market will soon stabilize in no time.Do you believe that?
You don’t really understand Bitcoin. Fluctuating is a normal and doesn’t mean that Bitcoin will perish, though the problem we have is these whales that keeps on buying in huge numbers at cheaper rate to pump the market and dump, and that is a very bad thing. But there are times when the market becomes stable, and there are times it gets back to fluctuating. I don't think there's a lot of people believe btc will perish. I think even warren buffet and jamie dimon don't believe all negative statements they're spouting out against btc. |
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As the Bitcoin and Cryptocurrency frenzy continues with more and more involvement by the world populace, where do you see Bitcoin and other cryptocurrencies in the next ten years?
I see bitcoin and cryptocurrencies in ten years with more development and successful. And make us more convenient to use it after 10 years. And maybe after years many people using cryptocurrencies and bitcoin in more businesses. For long time crypto users, that is normally how we'd see things. Right now since bitcoin isn't really showing a positive image for the unknowing public, it will be very slow but give it 10 years or even a little less, we'll see a good growth. |
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Despite of the dumps and other things in the market that is negative, bitcoin is still doing its best to prove that it can surpass the different negative things and problems that it will face because it is not that big deal for bitcoin to have a problem since all of the problem has its own solution and we just need to be patient.
I highly agree to this. I also believe that in every decrease there will also be an increase. No matter how negativity strikes there is also a positive outcome. It will return to those who trust and stay to believe in bitcoin. And its about time to make a comeback.  The bull is now starting to make its run. This is right mate! I really believe that bitcoin is like an archery. The lower you pull it, the farther its arrow will go. Similar with a ball. The lower you bounce it, the higher it will bounce back. Meaning, if bitcoin will remain to the top, it will just become stagnant and there will be less improvement. Right now, I must say that only those people who have real patience win. The increase though may not match how the price declined this year. I'd be contented if we even exceed half of btc's all time high. In the long run of course all these will just be something to look back on to when btc soars to new heights |
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All are speculation and this will somehow trigger to a good price if people will start buying bitcoin. Although this year has many bad news about cryptocurrency that cause a massive selling on some regions but I'm still optimistic that we can have another good rally for this year.
Good rally? I think so as well. Getting to all time high levels? Probably not. Though personally i think we've already reached the bottom and from here on it'll be a slow moving market until the bulls return |
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If it is still profitable at the price you want to sell, then sell. I wont expect anyone who bought at $20k to consider selling now irrespective of his need, It will be unwise doing such. It is guaranteed that the price will climb some day but no one can predict when.
Don’t be upset, the price is growing again and I am sure that you will recover all your deficits in the near future. Be patient and hold your coins for some more time. Profit and loss are parts of business and you will have to bear this downwards situation of the market. It will not remain forever. You will see growth in the price very soon. Well a lot of them have probably sold already lol. I think there are only a few of those that bought at close to 20k who still owns and holds their btcs at this time. Panic did it's work already months ago. |
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I believe that. What do you think guys. Should I buy more BTC now and catch the the wave of price up?
Everyone is hoping for the price to reach $20k dollars but as of today, there are negative speculations that is affecting the mindset of traders which makes the price to dump because they cannot handle the pressure in the market and they tend to sell their coins at the lowest price. OP was asking when the price was actually $18k + and it actually reached nearby and then it started to crash so i think what you are telling is the current position of bitcoin and you are reacting to the older post. Well it went long enough already and there's been a lot of speculation between then and now. People shouldn't hope for another 20k run since it's likely that there's nothing of that level that will happen soon. Just thinking realistically. |
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I believe that we will see bitcoin at 20,000 USD again.
this is not impossible and we can see it this year.
everything will go smooth.
we just need to wait!
Well there's no question about that but to think it'll happen this year? I wouldn't keep my hopes that high. Even if things go smooth from now onwards, similar rally to that of december i think is far from happening again just a year after it did so. |
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There is no certainty for now as to how bitcoin price will fare in future. One thing I am quite sure is that the price will become more stable and less volatile in future.
I think There are many objective reasons for this. By the end of the year, many countries will adopt laws to regulate bitcoin and cryptocurrency. this figure will be in 2018. It's hard to say for sure, but I think that in the 4th quarter there will be rapid growth and the price can even jump beyond the amount you specify. Well we're all curious as to what the price is going to be when the year ends and many of us are expecting at least a bull run even if it's not at the same level as last year. This is legal. We all are waiting and mostly those who have invested their money in this bitcoin are waiting since January of this year. They are continuously seeing the prices revolving in a specific circle. As they start growing something happens and they fell out again. So we all are hopeful and pray that may bitcoin hit the top most price tag in December of this year too. Well hope is all we can do and also hope that those that lost faith in bitcoin during this decline will realize they're making a mistake. At this point, i don't think there's too many people confident of getting back above the 15k levels. |
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In my opinion, we will not get a new all time high for bitcoin in 2018, my estimation for end of this year is nearly 12-15 K usd. We will face with new ath in middle of 2019 Sadly, i share your opinion there dude. That december run last year really took it's toll on bitcoin this year and it's basically been bears for the most of it until now. I'm even going to be happy if we break into the 10k mark end of 2018. |
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I read that they are investigating criminal price manipulations over Bitcoin. Manipulation of prices is really possible ? This happened before ?
In my own opinion, the will not find anything about price manipulations because bitcoins value is based on supply and demand so the price will always increase if people will keep on investing. Wow really? You don't see any signs of manipulation here? If it were just a simple case of demand and supply then we probably wouldn't be in this bear market for more than half of 2018 since people would buy in bulks. Someone who carries enough coin can and probably will take advantage of it. |
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Last few weeks I have been reading in the forum that Bitcoin is dead so is it really worthy to invest on Bitcoin
Yes it is very worth investing because the market prices today are dropping so it only means that you will earn more profit and take advantage today while the prices is still dumping. Whoever said that btc is dear clearly doesn't understand how this market works. Or he has something to gain from getting people out of investing in btc. Or he lost a lot of money so he became a one sided hater. |
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Well, it really depends on your current situation. However, I would not sell my AML BitCoin because its a new coin which has the technology needed to become the next bitcoin. So I will hold on to them for a long time.
According to the statement yes it is a foolish decision at this stage because selling in low market is loss and it is not the target for which we are here so better to understand situations and to act accordingly. Selling of currency or any product payoff in high market and is possible only we succeed in survival here from now up to high market. Bitcoin investment will benefit you only in high market and buying processes is in low market so currently the benefit is to invest more. Well not if you've reached your target and have sold in profit. I think that's even wiser than blindly holding without being prepared for anything that can happen. I don't think those people who sold close to 20k are stupid at all. |
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It won't easy to the users if bitcoin will continue to decrease because a lot of users are now depend on it but if we have a lot of hard work to promote it more to new investors I think it will save bitcoin price in future so probably many will back and patronize bitcoin.
I think the whales has something to do with this dip because they are the ones with the resources of manipulating bitcoin's price. We are just a small fish here that won't make a difference. Maybe the market price today is dumping in a huge amount but we can still believe that it can grow even more in the future due to people who keep on investing in the market that will make the price to pump up again. I guess it would be better to simply look ahead and beyond this current bear market. Feelingn frustrated will only lead you to panic. In the first place, when you've decided to deal in bitcoin, this kind of things should've been expected. It may be down today but it's not going to be always like that. |
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If you complain when the market is down, then it means you never believed in the coin before invested in it. Once the project is good, no matter how bad the general market will be, that particular coin will surely rise again. Just have hope in bitcoin.
People can't help it. It's normal to feel that way when you're seeing your money plunge in value. Though i agree with you in a way that if you know what you've put yourself inyo and you're looking beyond the current market state, there's no reason to complain. |
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I’ve been thinking about it and I don’t find an only reason for what’s happening.
The main reason for the drop in December, 2013, and the following bear market was the Mt. Gox scandal but for the current one there seem to be different reasons.
I’m sure one of them was the too heavy bull market last year. This brought many people to the crypto market, attracted by a get-rich-quick thought, and when the market turned down, they were the first to sell.
What do you think? Is there just one or many? Which ones?
I believe that most of the people today are selling their coins and that is the reason why it was dumping even more but if people will continue to hold or invest even more then the market price will obviously increase even more. Yeah most of us didn't see an extended bear market looming after that december boom. A correction was expected but i don't think a lot expected it to be this way. But that's not the only exclusive reason though as fud after fud kept coming especially during the first quarter of the year. And as the price drops, more people are seeing first hand how volatile this market can be |
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Hey guys, bitcon is now 6k again... what do you think, will bitcoin go to 5k or it is just a short fall and it is going to be 8k again soon?
Its fine that bitcoins today is down to $6k dollars, it only means that there will be more time for people to invest a huge amount and earn more profit in the future. Well if that's what's going ti happen, then the price should've shot higher than 7k when btc went below 6k last month. I don't think that's how things work anymore with bitcoin getting a lot more attention than before, mostly negative news. |
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The market is somewhat tied to bitcoin and thus,if bitcoin rises in price, all other crypto-currencies also see gains,usually more by percentage.Same is true if the price of bitcoin falls.
This is usually I think of when bitcoin rise altcoins somehow increasing its price. When price drops of bitcoin altcoins falls also. However, bitcoin is the main uses by many to cashout into fait so crypto has the rise and fall indeed in the market. Yeah, at the moment, bitcoin seems to be the barometer of the crypto market in general. People become quite a bit more confident when they see btc moving positively. |
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My opinion is that in time Bitcoin market share will keep reducing, as many other coins and tokens and platforms will keep surging.
In the long term, the blockchain technology is very disruptive. Bitcoin will more likely compete with Gold, Ethereum will provide a backbone for many uses.
So I am not really sure a collapse is incoming, it depends if a real bubble will quickly form.
The market will never collapse because the price is still very profitable even though it might go down sometimes, every time the market price is dropping there will be more investors who are going to hoard coins so definitely the price will still grow up, volatility is the reason why every traders are getting rich today. Well i'm not going to say never because you can't remove the chances of it anyways. But it's unlikely though because you're right, one, it's already an asset that many people consider very profitable. So much that price drops are considered opportunities to just buy back. Also, once it settles, i think it'll be more than an asset and will be used more as a transaction method. |
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