Sorry , you're full of shit. Don't lie to people , you did not make that much from $6.8 bucks. Even if you purchased at a low of $200 and sold at $20000 peak, that is only 100X the original amount. Meaning your profit was less than $700. That won't even buy you a decent hooker, much less a house or new life.  I can see that your level of ignorant is very high, people like you never grow! did I in any way start that I hold the coin I bought to grow in value? I'm a full time trader, beside my initial investment of $6.8, from year 2014-2015 you can easy make over 100k satoshi in just a day! With $10k-12k USD, in my country you will get a good house for yourself. If you don't understand something you learn, instead spitting strashs. I understand you are a Lying sack of shit.  Want to lie and tell how you created a rocketship from twine and chewing gum next. Trying to trick people like you are is disgusting. (Ridiculous Get Rich Scheme with $6.8 ) |
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BTC is projected to drop as low as $1500 by Bloomberg Analysts. (According to some, this is also the new break even price for the latest batch of ASICS.)Buying above $2500 shows you don't know what you are doing. This Market Collapse will be long , possible range a few months to a few years. (Collapse is less than 2 weeks old.)Buying above $3000 is the elite selling to the remaining suckers. FYI: The ones telling you to buy now or hodl are most likely the ones selling. Remember for someone to win in a Market someone else has to lose, which are you? |
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The investigation started almost a year ago and has been ongoing. It is not a recent event.
Did you not know tether was a fractional reserve scam? |
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The power of $6.8
In mid 2017 to early 2018, a lot of persons were complaining about how high the bitcoin price is, that it too late for them for join the race, now price is declining and people are still complaining!
Let me tell you a story
Back then in college (2014) I was so poor, and yet I know about bitcoin, but I was facing financial challenges, so I could not invest in bitcoin, even when I don't have any bitcoin to trade, I was always in the market!
A day came when my kid brother sent me some money worth approximately $9, from the $9, I invested $6.8 invested into bitcoin, during this period, the bitcoin price declined from $700-$200+!
I started trading cryptocurrency with $6.8 with some satoshis I accumulated from faucets.
Today, the $6.8 i invested in bitcoin has given me a new life and a new house of my own.
Don't complain about the current market price, there's nothing you or anyone can do about it, utilize the benefits around it, people are making thousands if not millions of dollars from this bloodbath.
Sorry , you're full of shit. Don't lie to people , you did not make that much from $6.8 bucks. Even if you purchased at a low of $200 and sold at $20000 peak, that is only 100X the original amount. Meaning your profit was less than $700. That won't even buy you a decent hooker, much less a house or new life. |
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My HODLing made me 800% profit last year. When people like you tried to tell people to panic sell, people like us laughed. We knew that we would be swimming in the cheap coins and that we would just make more profit by buying all these cheap coins. So go on and spread your negativity, we will continue buying these cheap coins and build on our massive profits. ^lol^ RawDog is our local forum troll. Every time the price drop a little, he comes out to play.  No , if you only held , you never made a profit. You have to SELL to actually earn a profit. RawDog is being more honest than you. Hodling is for suckers, others are selling all or a % to buy back at Much Lower Prices. Price Support levels are breaking like ice on a July Summer Day.
At the current rate, btc is losing $1000 per coin per week.This is the 2nd week and $2000 gone , erased , kaput. Hodling just loses another $1000 for every week you stay stupid, smarten up. This is what a hodler is looking like. https://www.cnbc.com/2018/11/20/dow-may-drop-2000-points-more-before-market-selling-done-cnbc-survey.html It is no coincidence the stock market is also tanking. Major Players cashing out across the boards.. The Dow plunge isn't anywhere near done. At least, not according to chief financial officers at major corporations. or updated for Crypto The Bitcoin plunge isn't anywhere near done. At least, not according to Experience Financial Analysts that report a drop down to $1500. |
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Since the last week the price of bitcoin and all the crypto currencies were falling too much,me and lot of other normal small scale investor affected very large by this price fall.Many people saying that this current price fall is due to BCH hashrate war so what we can do now to minimize our losses other than saying the words HODLing as a community?
Absolutely nothing to say than HODL. The bearish market is so disheartly, that rendered many plans to their background, especially the plans for Xmas celebration and new year, loses has already be incur but the only option for holders is HODL. No , only stupid people have no other options except hodling. Sell at the market rate and then buy back later when the price is even lower is what alot of people are doing. Some are doing this with their entire amount others are doing a ½ to ¼ % of their total as they are uncertain. One thing is for certain they are alot calmer than the hodl only crowd that just keeps losing with each support level breaking. *Learn how to play the Game , so the Game does not Play You.*FYI: If you can't afford to lose it all , you were over invested to start with and need to take enough off the table that you can afford. |
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Only the smart ones are buying now when the market is down. Most sheeple will buy when the market is up and pumping, hence there are fewer millionaires than regular people
Then the smart ones don't have any money , because the markets are still dropping. Maybe the smarter ones are selling and waiting to buy back when it is even cheaper. |
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You are wrong, I am currently buying some top 10 crypto which have the worst price decline
I am very happy with this moment to increase my income
just waiting when the market recovers, I will get enough profit to be able to buy my family a fancy meal and give street beggars food too
And what will you do when the price continues to decline and 4 years have passed with no improvement. What happens if the coins you invested in, networks die, and you lose all of your investment? Are you under the false impression that you are guaranteed to get a profit, because you're not. There is a lot more coin competition that their was years ago, the top 10 coins may not even be in the top 100 next year. |
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Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
Shitcoins dont store value. Bitcoin is being devalued currently and will decline while the shitcoin holder's go broke. Then Bitcoin will have money coming in again by people that want to store value in a decentralized protocol with limited supply. People "investing" in shitcoins will continue to leave while they lose money and the scammers that sold them shitcoins go broke or hide from authorities. There is no value in shitcoins because they aren't bitcoin. btc is just a coin , it has no magic powers, it can die like any other.  FYI: If it was a store of value, where is the rest of that $20000, that it used to be worth, hmm? If you don't understand the difference between an ERC20 token and bitcoin, posting here won't help you learn that. Reading will. Rather than argue with someone about the difference in value proposed between the two (hint: one is designed to securely store value and send transactions, without the need of 3rd parties -- the other is shit), leave Murad Mahmudov and his discussion regarding the value proposition as a primer. https://www.youtube.com/watch?v=UMK_A0mF8PQThere are more than subtle differences between a blockchain that has 10 years worth of securely storing and transferring value between people without the need for 3rd parties and a blockchain that has been created by noobs trying to ride the "crypto" craze. No Serious , where is the so called store of value of the $20000 that btc used to be worth.Anyone that lost over $13000 on 1 btc at the peak definitely thinks btc is a Shitcoin. Delusions that a declining asset stores value , well is pure nonsense as the dropping price proves.  https://www.investopedia.com/terms/s/storeofvalue.aspA store of value is an asset that maintains its value without depreciating. Did somebody buy bitcoin last year that they needed their fiat within 1 year? That would be a little irresponsible and rather stupid. Most people only invest money they don't need for 5-10 years into something like a new asset class. It has to be volatile while it is disrupting financial regulators and banks "usual" business of overcharging customers for sending money, foreign exchange and stock trading. Anyone believing that a new asset class doesn't come with volatility needs to have their head checked. Greedy people trying to make a quick buck off something that will be re-assessed for value over another 10 years aren't going to like it. People who believe the technology is going to change the world and want to start using it before the masses can benefit from it are fine with buying heavy on the dips and less as the price increases. We haven't even hit a floor yet with this drop, if it hits $1k, that's going to only be slightly higher than a of us got in at in 2016. Btc is now and forever will be a speculative value, (price fluctuates with speculation)Btc has not and never will be a store of value. FYI: Rich investors that are well off and buy investments with a 5 year or longer time frame, reading these forums you can tell the majority are not rich as waiting a month without a price increase upsets them, the reason is they are not well off and they are looking to btc to change that, which sadly for most it will not. |
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Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
Shitcoins dont store value. Bitcoin is being devalued currently and will decline while the shitcoin holder's go broke. Then Bitcoin will have money coming in again by people that want to store value in a decentralized protocol with limited supply. People "investing" in shitcoins will continue to leave while they lose money and the scammers that sold them shitcoins go broke or hide from authorities. There is no value in shitcoins because they aren't bitcoin. btc is just a coin , it has no magic powers, it can die like any other. FYI: If it was a store of value, where is the rest of that $20000, that it used to be worth, hmm? If you don't understand the difference between an ERC20 token and bitcoin, posting here won't help you learn that. Reading will. Rather than argue with someone about the difference in value proposed between the two (hint: one is designed to securely store value and send transactions, without the need of 3rd parties -- the other is shit), leave Murad Mahmudov and his discussion regarding the value proposition as a primer. https://www.youtube.com/watch?v=UMK_A0mF8PQThere are more than subtle differences between a blockchain that has 10 years worth of securely storing and transferring value between people without the need for 3rd parties and a blockchain that has been created by noobs trying to ride the "crypto" craze. No Serious , where is the so called store of value of the $20000 that btc used to be worth.Anyone that lost over $13000 on 1 btc at the peak definitely thinks btc is a Shitcoin. Delusions that a declining asset stores value , well is pure nonsense as the dropping price proves. https://www.investopedia.com/terms/s/storeofvalue.aspA store of value is an asset that maintains its value without depreciating. |
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It's the end
Hardly, there are plenty of alts that will continue on. It is a Natural evolution. Btc or ethereum failing won't affect the other alts in the least.  |
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It’s over, it’s over, and the cryptocurrency is over. Investors are asked to sell coins quickly. This time Bitcoin will return to $3,000 and other altcoins will soon disappear. Don't have any illusions.
Ethereum and it's tokens might be , and btc might join it within the year. But crypto and many other alts that don't have insane operating costs will continue on as if nothing has happened. |
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Investors have gone out of their minds to be selling altcoins when they are down 90 to 99 percent, but what I cant believe is nobody buying them.
Shitcoins dont store value. Bitcoin is being devalued currently and will decline while the shitcoin holder's go broke. Then Bitcoin will have money coming in again by people that want to store value in a decentralized protocol with limited supply. People "investing" in shitcoins will continue to leave while they lose money and the scammers that sold them shitcoins go broke or hide from authorities. There is no value in shitcoins because they aren't bitcoin.
This is going to shock you ,
but bitcoin is not a store of value either, that was always nonsense.btc is just a coin , it has no magic powers, it can die like any other. FYI: If it was a store of value, where is the rest of that $20000, that it used to be worth, hmm? |
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A friend of mine started to save money in BTC for his son.
Now he is in worry about the idea because of this last dropping months.
I told him to re-load some BTC up to lower the average.
If you have any suggestions about this please share
Its BTC a good way to save money for our kids?
Will this pay them a car? the university? a house? nothing at all?
Simply put
HELL NO!Btc is a lousy way to store money for important future needs. It does not have the stability needed for such things. That store of value nonsense was just to trick the newbies into buying it, btc can go to zero if the network dies. |
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What you're advocating is suicide. BCH is inexorably linked with BTC and cannot thrive if BTC doesn't thrive. If BTC dies, everything else dies along with it. At least for the next few/several years.
Sorry the altcoins need BTC is bullshit, btc could die tomorrow and crypto will go on.A New #1 coin would sit at the top of cmk and life goes on. It's literally never happened. It's literally never come close to happening. On June 14th, 2017, Ethereum had 31% of the total coin market cap compared to bitcoin's 38%. That was the closest a coin has ever come to surpassing BTC. But I mean this thread is full of the delusions of the strong-ego'd and hopelessly misinformed, so, carry on. By the way, your Profile message says this: Killing Lightning Network with a 51% Ignore attack Why do you want to kill a technology? Ethereum is dying faster than btc , it was already unprofitable to mine before the drop. Ethereum will not outlast btc. * Some mods locked a topic, where LN most major flaw was pointed out, I updated my profile message to spread the word. * If 51% of the btc miners refuse to include segwit transactions , but still include normal transactions, they can literally kill the LN network as competition to their transaction fees. * It is called a 51% ignore segwit transactions attack. * |
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A price below $2000 will definitely push some Bitcoin <BTC> miners out of the mining scene, because in some places the electricity cost is much higher and they need a higher Bitcoin price to be profitable. So you might see a slight drop in the hash rate of BTC, if this happens. It is sad to see that the $5000 price point was breached, because I thought the speculative price point was above $5000. We will just need to hodl and hope for the best now.  hodl is for suckers, many are selling now at above $4000 and will just wait out the crash (3 year bear market), until btc gets close to $2000 and then buy back in. And if it looks like btc will tank further than $2000, at least they have their fiat to fall back on, instead of a complete loss. |
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What you're advocating is suicide. BCH is inexorably linked with BTC and cannot thrive if BTC doesn't thrive. If BTC dies, everything else dies along with it. At least for the next few/several years.
Sorry the altcoins need BTC is bullshit, btc could die tomorrow and crypto will go on.A New #1 coin would sit at the top of cmk and life goes on. No different than if a king or queen or favorite political leader dies, you pick a new one and life goes on. |
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Hows the btrash price working out for ya..your shitcoin going way down
btc is also heading down, it is below $4700 at the time of this post. So by your definition btc is now a shitcoin. What will be interesting is if the BCH War ends up killing btc instead of the bch forks. btc drops below $2000 and it's miners may give up, this would kill the btc /segwit network. |
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For now the best todo is hodling trust bitcoin and it will comeback just don't panic. Remember that this crisis will see if you are the true believer of bitcoin.
No , holding / trust / and being a true believer is something you use in your religious beliefs. Emotion has no context in investing, being sentimental about an investment will do nothing but make you lose your money. The sooner you treat crypto as an investment and not a religion the sooner you stop losing money. ie: Holding forever is for retards, you have to sell to make a profit, if you don't have a sell point or a cut losses point, you have no business pretending to be an investor. FYI: Some guys are selling right now and then holding the fiat to the side to see how low btc really goes, and once they have an accurate view, they buy back in cheaper than they originally did, and make a larger profit if btc rises in a year or 3. |
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Friends, analysts fear the further and largest decline in Bitcoin. Can it reach the mark below 5000, what do you think?
Already below $5000, about $4770 at the time of this post. I think if the billionaires keep fighting in the BCH hash war, then $1500 is the final support level before they crash the btc network. At $1500 btc miners/network can't survive for long. |
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