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3221  Economy / Economics / Re: Help of cryptocurrency in globalization. on: March 16, 2020, 11:12:27 PM
nice to see a thread that is not related with corona  . what i thought is your topic related with it because you use the word help.  cryptos really need help because it seems like they are dying now but in terms of globalization , we are on that process  .

we are getting slowly on there most especially thesedays that people are crawling into cryptos and think that cryptos are like a safe haven for them because you know people are now avoiding the use of physical currencies and also the fact that cryptos are now cheap  .
3222  Economy / Speculation / Re: Dont let them fool you. We will see a NEW BOTTOM. Maybe BTC at 3400$ again? on: March 16, 2020, 10:23:19 PM
We are already at $5k from $4k in the past day...it was a big jump to see and have some chances to move high again. Well, this only hope (not an assurance).

Unfortunately we are back at $4k now, bitcoin dump 15% today, a big dump which could result bitcoin to dump further.
Well, it seems like OP knows something here, with the rate btc is going now, its not possible to see $3400 in the next few days.
I feel bad about the market now. I supposed to think that also and might OP is right about his prediction.
Well, if that suppose to happen in the coming days, I have to accept it and that is the only thing to do rather than being infected with a virus of being a panic seller. I didn't do that coz that was suicide. I know and I believe that this may over soon, I have to wait for it no matter how long it takes. I've been doing this before and there is no reason why I can't make it.

prediction of op looks legit so yeah , his predictions can happen and its hard to accept it  .

most of us now are hoping for recovery and many threads released lately about hope and recovery of the price and then suddenly there are also this threads that tackles about more declines.  
i like it when you say we have experience this before and we have surived so how much more ?  this are the words that im also holding just to give me stregnth  or hope to continue hodling .  
3223  Bitcoin / Bitcoin Discussion / Re: Corona Virus Created by BTC Whales on: March 16, 2020, 09:49:42 PM
thats funny but that is also possible but why virus is the only thing that they think of ? i mean they can still dump the price by selling huge amount of btc alone  . in that way the btc or crypto markets are the only one that are going to be affected not the entire wolrd or economy  .

this virus also dumps stocks and other markets harder , so how can you say that its created by btc whales ? it could also be created by stock market whales or whales of other sectors .
3224  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Doomed ? on: March 16, 2020, 09:15:58 PM
i don't think so, people are being too exaggerating this situation, @op where you not aware of 2018 dump? did btc go to doom? that dump from 20k to 3500k is worse than this in my opinion and btc was able to recover even not up to 20k but above 10k, so rest your mind and hold your btc if you have any, no need to panic although it is very frightening and confusing but the best option is not to panic, just wait for market to recover.
I think many people need to also consider that the stock market is going down and this contributes to the price of bitcoin as well. Large investors get scared during times like these and would rather not have money stuck in risk.

actually many factors are being considered or being connected with the drop of bitcoin not just stocks  but the one that people linked to it is said to be the corona pandemic and also the halving  . yeah you heard it right , halving is another reason of the drop . as much as people expected that the price will rise because of halving  , the price infact drop more because there are people selling too and they could be large group or whales  . add in the hacking and scamming that are happening on the crypto market    . the price can really go down even without the corona pandemic
3225  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Game Over? on: March 16, 2020, 03:10:00 PM
let say the dump for example has a connection with corona virus  , i still dont believe that the virus is forever so the dump wont also be forever  but you said there is no relation with the virus and the dump , so that still means that the dump is not forever because this is not the first time that a dump happens  . its normal for cryptos to go down  and it does not matter if we are now on a long year on a long time but infact the drop will become harder the more people gets involved on cryptos because the more people also sells compare to before when few people are only involved on cryptos
3226  Alternate cryptocurrencies / Speculation (Altcoins) / Re: ETH might go down below 80$ on: March 16, 2020, 09:49:28 AM
Oh man, I wish I had cash to invest money in crypto during the last dump. I always run out of cash exactly when I need it the most.. I'd honestly buy any of the top 100 coins, just give me the cash Cheesy
high confidence is needed that we believe there will be improvement, and I see the above partner is very wise in this matter. I will also do the same if there are sufficient funds. we should believe that ethereum will be able to rise again. It is normal for the current decline, believe that the ethereum period of decline will end.



this isnt normal to me if i were to ask for but this only happens once in a lifetime   . never see eth or any other cryptos drop this far and im almost hopeless but what can i do? my job is paying me cryptos so i have no choice but to remain hopeful that one day this bad tragedy will stop and all cryptos will return to normal fluctuations   , a normal dump is okay and acceptible by anyone  . like you guys i dont also have a cash right now but if ever i have i think i will not gonna invest anymore but i will buy basic needs because that is more important to do right now .
3227  Economy / Economics / Re: Coronavirus is very harmful to fiat currencies, not bitcoin on: March 16, 2020, 08:54:31 AM
This corona virus is starting to collapse the economy of a country that has been affected of this virus because a lot of productivity has been stop and there are a lot of people are stating to hoarding since there are lock downs in their places. Fiat currency is a physical object , so it is possible that the virus could be pass on to another person, that is why there are countries who avoids accepting physical money for their own sake because you can't really say if that money has been touch or not by an infected person.
And this makes e-currencies the best option because no direct contact like fiat and it is also fast. I heard some banks in Czech republic are encouraging bank transfer and online payment directly for purchases of goods and services in order to reduce the chance of contracting the disease which I believe it is very good. I think the op is generally talking about the effect of increasing budget deficit on fiat compare to fiat but also the pandemic has effect of crypto
also venezuela too  . people are also encourage to not  depend on fiat not because of the virus because that was happening a long time ago  .

this is good because even thier governments doesnt want them to use physical fiat  . it was like they want thier people to use more digital currencies but didnt mean its already a crypto because there are also many digital currencies  and most of them were older enough than a crypto but cryptos do also have thier advantage which make them a choice for people who wanted to use digital curencies  .
3228  Economy / Economics / Re: Bitcoin was created for time like this! on: March 16, 2020, 07:40:17 AM
Bitcoin in times like this will be very effective. I suppose it will be popular payment method in the future (if banks will be closed).

lol it wont happen  . banks will never get closed but it will only get modernized , as you can see banks supports mobile and online platfroms now  but with the growing success of banks  , many payment method are also being introduced and one of it is bitcoin/crypto  . right now bitcoin is already popular too and will be more popular in the times like this when there is a problem on financial  as it acts as an alternative to banks or fiats  but no one predicted events like this could happen , so i believe that bitcoin isnt created for times like this  .
3229  Alternate cryptocurrencies / Altcoin Discussion / Re: Edward Snowden interested back in Bitcoin after Crash on: March 16, 2020, 06:49:15 AM
nice to know that non interested people on bitcoin are now realizing that they want to invest in bitcoin after seeing its price   .

i see nothing wrong on what he said or on his decisions and im fully supporting him  .  i hope many people or bitcoin haters are now going to do this too  . we can see that this panic/fomo trend can also do something good as some people are also being attracted suddenly on bitcoin  but i was also wishing that the price will now back to normal because the dip already lasted a long time  .


3230  Alternate cryptocurrencies / Altcoin Discussion / Re: The Corona Virus was predicted but it will soon vanish on: March 16, 2020, 06:09:18 AM
aside from this one i also heard other stories where corona was based on a book  , a really old book  .

  there was a part of it where wuhan area mentioned and a deadly monster , though it wasnt really desribe as a virus but who knows  ?  what if people really created this monster/virus but the damage isnt dealt only on that area  .  this viruse is too serious because it also damage the crypto market   .  hopefully itl vanish soon so that crypto and other markets can still return on thier normal state  
3231  Bitcoin / Bitcoin Discussion / Re: How to improve the usability of bitcoin? on: March 16, 2020, 04:04:51 AM
There is a speculative (investment) presence in the current bitcoin discussion scene. Only known and used by a few people.

If bitcoin really wants to become a universal currency payment system, how can we optimize the design for ease of use and make it easy for most people to get started easily and with low risk?
I think it's quite difficult to ensure that, especially if the price of bitcoin has high volatility and the rejection of the government as a currency. for now, it's okay to use bitcoin for the universal transaction tool, and people have realized that too. however, to make it recognized, I think it's difficult. some governments designate bitcoin as technological development and give warnings about the risks. so, to make that happen, we can only use it for outside transactions with trusted people, that's a way to reduce risk, and gradually make people use it.

bitcoin is already recognized . being recognized because its being hated and being recognized because many people are talking about its benefits  . bitcoin can be used by all as long as its allowed on your region and not only trusted people can use it but as well as people that have bad intentions  . we must know if what kind of people we are transacting with because btc is risky not only by its unstable value but risky because once you sent it to wrong people , those people can dissapear and wont return your coin or there is no way to recover it by yourself  .
3232  Alternate cryptocurrencies / Altcoin Discussion / Re: Another scam project please stop scamming on: March 14, 2020, 04:02:46 PM
I don't think its scam because you said the  coin do still have a value and its listed  . for me scam means if the coins isn't listed at all or no value  but that coin can be classified as a pump and dump because you said the manipulation happens so fast   .

 and your begging for them to stop  ? there is no way that they will listen to you nor to us because this is the only way that they think they can earn fast and huge income . its not right but its up to them , the karma will only happen at some point of their lives  .
3233  Economy / Speculation / Re: What is happening ? on: March 14, 2020, 03:26:13 PM
So Bitcoin just crashed to 6200 $ , around 1000 $ 1 hour , around 15 % in 1 h   , what is going on ?  Shocked
Actually, you are happy with the current price of Bitcoin, you can buy it and invest at a cheap price like this, the phenomenon of crypto going up and down is one thing that is commonplace and there is no need to panic.

Yes, corona if it is linked to the main factor but it is not one hundred percent true there are other factors that we don't know affect crypto prices on the market today, you need to think about buying and storing crypto assets 1 and 2 years will come and see the results, you will be surprised when you see it.

   Yoshie buying now at this low prices is one positive thing we can do in this stressful times. Corona is everywhere, on TV, internet,
and looks like Corona is to blame for everything bad that is happening. Personally I think something deeper is going on here, but time
will tell what really happened.
   I agree with you that people who invest now should think about holding assets for years before they sell for profit. We can't predict
when we will see the end of this, but it can last for months, and recovery from this can last for years.

agreed on what the user you quoted said . this isn't totally corona that cause the value to plunge but corona is everywhere as you said so people only use that reason or blame it  . what is happening now  ? the price just crash , that's it  . crashing is not new on this space so we guys shouldn't act like we are shocked   . this isn't the end of the crypto phenomenon but this is another new beginning for us to accumulate  . I remember on the past many wishes that if they can only turn back the time where cryptos were cheap so now here it is   . I wonder where are those people now   ?
3234  Economy / Speculation / Re: we all were waiting for bitcoin halving, we got bitcoin price halving on: March 14, 2020, 02:38:43 PM
The current scenario is completely different and no one seems to care about buying pressure because everyone is selling their coins due to the corona panic outbreak. Price seems to be declining continuously for now so speculation related to halving that will not be effective to bring the price back on track.

not everyone but most of them yes based on the percent of declines  .

I salute those people who decided to stay because they are wiling to take temporary loss  . there are those that care to buy because the prices of cryptos nowadays are so tempting that anyone cant resists tho the only problem is the cash because I know people also need some funds especially thesedays that markets are said to be closing temporarily   . bitcoin halving is also the event that everyone is still waiting for to see if it can really up the value despite of the damage that delt by the virus .
3235  Economy / Economics / Re: The Impact of Corona Virus Disrupts the Crypto Industry in China. on: March 14, 2020, 02:07:07 PM
i think now, the effect impact on economy on around world, not only stock, forex, and another comodoty,
even in crypto we also get this effect.so this is very terrible,now that all economies are down, some people
will use that moment to take advantage of this very deep decline.

so you think that is bad when people use this opportunity to buy and hoard  ? its not actually bad but its benficial in crytpos because in that way the value can easily returned while it was bad to buy and hoard medical stuff and other basic needs because that will make you selfish because the stocks of those items easily goes down and as a result others cant avail  . this is the situation that are still happening   .  panic buying here and there   . this impact is huge on china but other countries slowly get infected too or got affected too  .
3236  Bitcoin / Bitcoin Discussion / Re: Bitcoiners' Novel Approach to Find Cure for COVID-19: Biohacking on: March 14, 2020, 01:34:33 PM
Honestly, it's hard to trust those people who are anonymous trying to find the cure for this corona virus, if they make cure for this, that would still be illegal without government's approval and even that cure will be created but there are still test to be created as usually for medicines they have side effect or after effect, and that could be another risk.

we should be thankful because we know that there are people that are far more concern than the government and other higher sectors  . another to be proud of is that the guy is said to be a bitcoiner  . we must try it but there are risk or harm on trying it because its a medicine that aren't regulated by a pharmacy or big medical groups  but still we must try rather than got killed without doing anything to fight the virus  . sure can do something like basic treatment but this isn't enough to kill a strong virus like this one that needs a specific formula  
3237  Bitcoin / Bitcoin Discussion / Re: Bitcoin still a Safe Haven, haters aren't saying the truth. on: March 14, 2020, 12:53:05 PM
what do you expect from them ? they are called haters because they hate it and they will just lie . for us lovers of bitcoin we know the truth . im also a bitcoin lover but to call bitcoin a safe haven for your money is not alright in me . btc is risky/unstable  thats why but if you mean safe heaven to avoid the risk of using a fiat/physical medium due to the virus infection that is happening right now then yes . we must use btc or even not btc but as long as we avoid any physical contact/touching for now to avoid the risk of infecting the deadly virus .
3238  Economy / Speculation / Re: How low will BTC go? on: March 14, 2020, 08:57:52 AM
This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.

USA is the finance and Bitcoin capital of the world.

100 million plus infected what ? .  usa might be the btc capital but what about china ? china is also know as the supplier for btc mining equipment and also known for a big country  , most of these people also involved on btc.  to the question if how low btc will go ? i think this is the lowest point because i observed that the price are only recovering but there are times that it fell but it didnt fell hard anymore .

  this isnt looking good for a btc seller like me but this looks good for the whales and the people that are going to invest .
3239  Economy / Economics / Re: If bitcoin is made for times like these why is everyone selling at a time like.. on: March 14, 2020, 08:18:22 AM
If bitcoin is made for times like these why is everyone selling at a time like this?
China quarantined fiat FFS. 
This tells me 100% BTC is only a financial purpose and not a practical purpose overall.

Just venting a little. This selloff is nuts.
btc isnt only made at this time but btc is made long time ago and what do you mean made by ? to save us from hard crisis like this ?  still no .  let them if they sell because they are the ones that will loose and will left out nothing when the time the value recoveres and pump back again .

 china quaratined fiat is a crazy idea but this is also the reason on why no new monies enter on the crypto market resulting for the price to drop . btc can be used what you want . financial or for practical use , you name it .
3240  Economy / Economics / Re: How many people have been panic selling? I didn't. on: March 14, 2020, 07:27:17 AM
the decline was big so i assume its cause by big people too like whales . small individuals can only have a small impact on the price .

what you felt thier is also normal . experienced and veteran cryptoers do also feel anxious because the crash was pretty huge and i think it was my first time to experience a crash like this from my 2 years of stay on crypto but im aware that crypto prices on the past have a small value smaller than what we have right now , i used it as a hope to not give up .
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