This drama is ridiculous...

[g-unit]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

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[manselr]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

People want results quick this is how humans are hardwired to look at. Also it's frustrating knowing the early investors only had to wait 4-5 years to have millionaire purchasing power, for this to repeat we'll need at least 10K per bitcoin, and to reach 10K per bitcoin it may take what, 10 to 20 years? That frustrates people. It's understandable tho, time is everything, but we can do nothing but hold and wait.

[jeffthebaker]

A lot of people have this same mindset- "Right now doesn't matter. Bitcoin value only matters down the road". Newsflash, if the price isn't gradually increasing until the fabled "mass adoption", it can never take place. Bitcoin won't spike from 230 to 2300 in one day, and it can't start that movement until the price begins to increase.

[1Referee]

Bitcoin without drama? I don't even think it's possible. It makes Bitcoin exciting and fun for me as a trader as I enjoy bull runs and flash crashes equally 

[terman45x]

A lot of people have this same mindset- "Right now doesn't matter. Bitcoin value only matters down the road". Newsflash, if the price isn't gradually increasing until the fabled "mass adoption", it can never take place. Bitcoin won't spike from 230 to 2300 in one day, and it can't start that movement until the price begins to increase.

It is currently paralyzed because if inefficient & extremely limited market mechanisms. It's going nowhere until the average joe can buy it as part of his 401k.

[g-unit]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

People want results quick this is how humans are hardwired to look at. Also it's frustrating knowing the early investors only had to wait 4-5 years to have millionaire purchasing power, for this to repeat we'll need at least 10K per bitcoin, and to reach 10K per bitcoin it may take what, 10 to 20 years? That frustrates people. It's understandable tho, time is everything, but we can do nothing but hold and wait.

I get it. Hell, I wish I'd known about bitcoin in 2009 and bought heavily, but it is what it is. There is no guaranteed get rich quick unless you win the lottery or something. Whatever happened to hard work, patience, and delayed gratification?

[NeuroticFish]

Almost nobody has patience nowadays. Get used to that. And in this forum (and BTC world) almost everybody wants to get rich quick.
If one would just believe in BTC would only have the amount for tests and normal use and would not care about the current price.
But with all just "buy and hodl", what would you expect

And the drama is good, actually. At least people talk about Bitcoin.
While people talk about it, we know it's here, "alive", up and running. Don't complain, please

[neochiny]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

 it is because some of them are holding a lot of bitcoins .. so , in reality when you hold a lot of bitcoins, every dollar that go down, is also a lot of money in real will be gone. so its only natural for them to be afraid. when it go down again and again it will be thousand of dollars gone to them. but those who have guts just stay patience any stay put.

[g-unit]

Almost nobody has patience nowadays. Get used to that. And in this forum (and BTC world) almost everybody wants to get rich quick.
If one would just believe in BTC would only have the amount for tests and normal use and would not care about the current price.
But with all just "buy and hodl", what would you expect

And the drama is good, actually. At least people talk about Bitcoin.
While people talk about it, we know it's here, "alive", up and running. Don't complain, please

True, sometimes bad media coverage or bad attention is better than no coverage or attention at all. I'm one of those people that buys consistently and holds. I'm guessing a lot of people thought they'd get rich quick and invested too much and had to cash out at a loss.

[g-unit]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

 it is because some of them are holding a lot of bitcoins .. so , in reality when you hold a lot of bitcoins, every dollar that go down, is also a lot of money in real will be gone. so its only natural for them to be afraid. when it go down again and again it will be thousand of dollars gone to them. but those who have guts just stay patience any stay put.

Very true. I'm in that boat but the patient people win .

[Amph]

ehm i think many are dumping to take profit not because of emotion, simple has that, i think that many long term holder are also shorter who, from time to time, short the hell out of their coins to earn even more coins for their long term purpose

standard market flow, nothing to see here, i would disgregard any of those crash, the only two things that matter are the crash that may kill bitcoin and the rally that will make it the king of all currency, all the other are pure swing

[NeuroticFish]

ehm i think many are dumping to take profit not bitcoin of emotion, simple has that, i think that many long term holder are also shorter who, from time to time, short the hell out of their coins to earn even more coins for their long term purpose

standard market flow, nothing to see here, i would disgregard any of those crash, the only two things that matter are the crash that may kill bitcoin and the rally that will make it the king of all currency, all the other are pure swing

I wouldn't be surprised if a couple of seasoned (wall street?) traders have here a dozen accounts each and earn nicely from posting various rise or fall threads at the right moment(s).
Even tiny changes can be turn into money. And Bitcoin's fluctuation from 200 to 300 and back is about 50%! Quite an opportunity for the ones who know the game.

[MF Doom]

ehm i think many are dumping to take profit not bitcoin of emotion, simple has that, i think that many long term holder are also shorter who, from time to time, short the hell out of their coins to earn even more coins for their long term purpose

standard market flow, nothing to see here, i would disgregard any of those crash, the only two things that matter are the crash that may kill bitcoin and the rally that will make it the king of all currency, all the other are pure swing

I wouldn't be surprised if a couple of seasoned (wall street?) traders have here a dozen accounts each and earn nicely from posting various rise or fall threads at the right moment(s).
Even tiny changes can be turn into money. And Bitcoin's fluctuation from 200 to 300 and back is about 50%! Quite an opportunity for the ones who know the game.

Thats what I've thought about the "whales":

Price level to them means nothing.  They just need to get in and out at the right time to make a profit.  Probably isnt hard when they can try to steer the market (and probably collude with others to do so simultaneously)

[spndr7]

Bitcoin without drama? I don't even think it's possible. It makes Bitcoin exciting and fun for me as a trader as I enjoy bull runs and flash crashes equally 

Despite of this 'drama' , and the great trading opportunities which it brings in, people use margin trading, and lose ridiculous amounts of money in an instant, when the market turns against them.

[oblivi]

A lot of people have this same mindset- "Right now doesn't matter. Bitcoin value only matters down the road". Newsflash, if the price isn't gradually increasing until the fabled "mass adoption", it can never take place. Bitcoin won't spike from 230 to 2300 in one day, and it can't start that movement until the price begins to increase.

Things go viral in no time, a good increase in price is possible. The market cap is too small, any whale coming in could move the price at will and put it at 10.000 per coin. There will be a lot of bubbles happening before sustained growth from natural adoption is possible, we are on the early days still.

[BTChaintrader]

Bitcoin is actually in a very healthy place right now. The price is relatively stable and the volatility is relatively low, which is one of the criteria for mass adoption.

[srgkrgkj]

well this drama is costing people a hell of a lot of money lol most people are only in it for the short term and that gives them a bad impression

[randy8777]

well this drama is costing people a hell of a lot of money lol most people are only in it for the short term and that gives them a bad impression

for plenty of people that are losing money, there also are a few winners. people that can't handle volatility should sell all their coins and never come back. these are the kind of people that blame bitcoin for their own stupid actions.

[Monopoly]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

Logic says the Bitcoin has many Disadvantages that discovered over time and no one know it anymore ........ if they know the price will dropped faster than now .......

[Monopoly]

Why are so many being a pu$$y?

So the price is lower and has been. Who cares? Average down. Keep at it. Hold long-term. Eventually you'll break even and profit.

If Bitcoin fails, it will be years away. Too many dark websites still use it. Too many lost coins. Too many big holders.

Some people need to consider using logic instead of emotion. Smh.

 it is because some of them are holding a lot of bitcoins .. so , in reality when you hold a lot of bitcoins, every dollar that go down, is also a lot of money in real will be gone. so its only natural for them to be afraid. when it go down again and again it will be thousand of dollars gone to them. but those who have guts just stay patience any stay put.

Very true. I'm in that boat but the patient people win .

Bitcoin is not like house or apartment or car and so on ...... patient will make you a dead man .......