Do you like me who hate Bitcoin because it's easily manipulated?

[21BTC]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

[gentlemand]

What can be done to overcome this?

Proper and widespread adoption is really the only thing. There still isn't a great deal of that. Also, most 'real' buying especially for first timers does not take place on exchanges. They'll go to a buying service like Coinbase or Localbitcoins. This leaves the long term residents of the exchanges firmly in control of the price.

[Nemiro]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

on the occation of china controlling bitcoin, Maybe they can make the price down deeply then They will cover cheap price again. it looks the same as the year of 2013 .

[yonton]

2013 had a double top. Does that mean we will get one?

[harizen]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

I can't see bitcoin price is falling. It's just decreasing but can't be compare to the view of a fallen one. Some people didn't able to take advantage of the recent price increase rally and the current trend of price decrease resulting into a regret. That is one of the reason I saw why other people hate the current trend and began worrying about the price decrease that is happening today.

Bitcoin is really not meant for weak hands. No way we can just achieved only what we want. In the world of volatility, we must play with it rather than to increase those regrets.

[FBCTorg]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

it's very simple for whales, most of them probably bought bitcoin at $100 or less, to hype the price and play their games. For the rest the bitcoin is a good investment for the far future.

[chaser15]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

Embrace the dip rather than stressing yourself. If loss then make up another batch of new actions on how you will deal with the current price trend. After all bitcoin was designed to lasts for a lifetime so surely those loss made due to current price decrease will be covered up as we are progressing.

Weak hands are always there so better deal with it. Whales and hodlers are part of the system since bitcoin trading was made.

[phunixx]

No hate here, i love it lol
Bought a lot of BTC at range 300 USD and sold when +- 900 ish
I know it rose higher, but didnt take the risk....
Now i am waiting for a next opportunity to buy again at low price

[sportis]

--snip--

Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

Not everyone will agree with me, but I would say it was something all of us expected it even though our dreams are only bitcoin's price goes up. Last days before the end of 2016 we observed bitcoin to win about 25% of its annual growth due to the devaluation of the Chinese yuan and the imposed capitals control. After a few days price stabilized at about 880-920 USD till today we see a sharp decline particularly in chinese market. If there is not a major intervention from Chinese government the big players sell to buy after that as much low as possible. Imo it is a chance someone has money and bought high $900-$1000 or even higher that now might be best time to buy so as to reduce the loss.

[BillyBobZorton]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

There's no other way to avoid massive price swings but having a massive marketcap. Gold doesn't have those big flash crashes because the market is too thick to cut it like the current bitcoin price. The graph looks a god damn cliff for god sakes. You can't do this within an asset that has a big marketcap.

So Bitcoin is the best money ever, it just lacks the marketcap so it's not as manipulable and volatile.

[erikalui]

Till there's no big step that's taken with regards to the bitcoin market, till then we'll only see the prices being affected in a drastic way. Just a small step of the Chinese Govt and the price falls by $50 which is really bad if we consider bitcoin as an investment opportunity.


If the Government atleast helps in accepting this currency or giving it some kind of license, there won't be such big manipulations and we can atleast have some kind of assurance that the price won't fall by 50%.

[Wowcoin]

I don't like those hating bitcoin thinking that it has been manipulated and all those rumors poisoned the minds of the people around here who easily believe's the hearsays. Manipulation? I think its not the main reason why price goes up and down, in my own asessment its like a product of a certain company who manufactured a gadget then there were months of the year that peak order and sales of those who sell the products is going to happen with them. More like bitcoin there is also a peak season of the year which selected months is having peak and off peak and as we can see btc price goes up and down of its trend in the market.

[Taki]

That suddenly drop don't provoke in me such feelings as hate. It's just the moment. But I'm surprised and a bit disappointed, because of I planed to cash out some of my bitcoins this week. Well, now I plan to wait to bitcoin rise back to 1000$.

[pealr12]

We have our different thoughts in dealing bitcoin. But the things that makes me love bitcoin  are il,im earning  money without investing ,the movement in price gives me excitement ,and.lastly bitcoin is anonymous.

[rogerwilco]

What I loved about Bitcoin the past couple of years is that, while the price has gone up, the volatility has gone down.

Suddenly the volatility is way up, which is bad, even if the price recovers.

[kwukduck]

I don't like those hating bitcoin thinking that it has been manipulated and all those rumors poisoned the minds of the people around here who easily believe's the hearsays. Manipulation? I think its not the main reason why price goes up and down, in my own asessment its like a product of a certain company who manufactured a gadget then there were months of the year that peak order and sales of those who sell the products is going to happen with them. More like bitcoin there is also a peak season of the year which selected months is having peak and off peak and as we can see btc price goes up and down of its trend in the market.

Many of us don't hate Bitcoin. We recognize its flaws and hate the communities delusion and greed that prevents it from actually growing to address these problems. As long as bitcoin doesn't scale or offer good privacy and fungibility it fundamentally cannot sustain a high value ($500+). That has nothing to do with anyone hating bitcoin and everything with what is technically and economically sustainable.

[raskolnikovx]

There is a long way to go yet in order to decentralize control.
Here in Argentina I still need to use Locabitcoins to get a Bitcoin and it seems to be harder now that in 2013.
=(

[Golftech]

Ok,so bitcoin price is still falling.I don't know if it can still be considered correction or the fundamentals of bitcoin are broken BUT one thing i believe is sure that big bitcoin holders/whales can easily F**K weak hands.People who hold small amount of bitcoins gets panic and start selling there bitcoins and due to less popularity of bitcoin price falls and whales make nice profit and due to all this we hear in Media that "bitcoin is crashing again" stories.Don't you think it spreads negativity of bitcoin?What can be done to overcome this? I don't hate volatility until it's healthy and not manipulated but this trend i hate.

well for some reason i love this fluctuations as we see downfall and bounce back its true that more and more whales are playing with us so we better to assess wisely and join them the more we got matured with this investment the more we understand the flow i guess that media exposure will also help bitcoin to gather more attention and another newcomers will be interested to learn about this system and we will see them investing too.

[Huge Black Woman]

Den y'all need ta git onea them squeezy grip things an' work on ya hand strength.   In udda words, stop bein' a stoopit weak handed knuckle haid.  An' in udda udda words, STOP SELLIN' when tha dam price be droppin'.  Fo' every whale dat sells, there gots ta be a buyer onna other end o' that transaction.   Don't be it.  That's all I got ta say onna matter, an' now Imma go fry up some pancakes.

[BigBos]

I also hate when the price of bitcoin in manipulation. but, I think a lot of people who take advantage of it. I also do not want to see the price of bitcoin down very quickly, because we have long been waiting for a high price. but I believe, in the near future, bitcoin prices will definitely rise again. Well, this may be a lack bitcoin, but I did not hate it.