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Author Topic: Game over for now  (Read 2478 times)
duke944 (OP)
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August 04, 2017, 01:18:05 AM
 #1

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.
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August 04, 2017, 02:28:31 AM
 #2

If you want to gamble and make maybe 3x on the gamble, try buying small amounts of Bitcoin Cash slowly to control your risk as the price is going down and then buy fast on the rise to help the pump further. I believe another pump is on the way in a few days.

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August 04, 2017, 05:55:16 PM
 #3

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.
There are earnings to be made, if you think the market cap of bitcoin cannot go up fast in the next months or years then learn how to trade, the amount of money that you can make in a single day by getting your calls right is nothing short of amazing, you could make hundreds of dollars by just sitting in front of your computer and if that is not enough for you then you only need to raise the size of your capital and the size of your trades.



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August 04, 2017, 06:14:40 PM
 #4

i miss the old bitcoin days Sad where I could make $500 a day
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August 04, 2017, 06:20:36 PM
 #5

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Learn to step up. It's all about only your speculation.

Not all the times, cryptos will adjust for you. Why bother to care for that concern if there's lots of way to deal with that. If this is game over for you for now then it's only applied to you as others didn't have the same view.

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August 04, 2017, 07:09:58 PM
 #6

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.
Who says $100B market cap as a big thing ? Moreover why you speculate about double the bitcoin prices ? I guess we are in the verge toward $4000 levels. Only after how market will be sustaining around $4000, we can decide think about $5000 levels and $100B market cap. Already segwit activation has done enough promotions for bitcoins, now we can be sure new investors are getting ready. So, sideways will not last for more than a week too.

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August 04, 2017, 07:39:33 PM
 #7

Doubling your money is not the only way to get rich in Bitcoin, when you invest your money in Bitcoin you just not stop with the money you just have deposited you continue to inject more funds into your investment in order to have a bigger position for Bitcoin, also in Bitcoin you must take advantage of its volatility meaning you can do buy and sell with the prices that always change from high to low you will have reasonable gains if you create a plan and strategize well on your trades.

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August 04, 2017, 07:45:29 PM
 #8

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

On what basis do you say the current adoption doesn't support a continued rise? As in the stock market, speculation is usually based on future growth predictions which could well support a much bigger market now that segwit is getting locked in and we have more scaling solutions on the horizon.
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August 04, 2017, 07:48:20 PM
 #9

The bitcoin market cap is still very small compared to other market like oil or gold. And even if it reach that level, there is still money to be made. Learn to trade and you will not just rely on holding. You can take advantage of bitcoins volatility to make money as well.
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August 04, 2017, 08:00:07 PM
 #10

It's always possible to make profit, you just need to adapt yourself for the moment. Trade during the day with the variations in price you have. If it's too risky for you don't trade and wait, that is the only alternative... It can take some time, but at least you know Bitcoin potential on long term is huge and won't disappoint us. If you think too much about this all the time it will look even more longstanding.

 
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August 04, 2017, 08:36:02 PM
 #11

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Even today i was reading a certain analyst commenting about this, when he said that the usability of bitcoin in real life is still very limited, he gave an example, said that of the top 500 online retailers only 3 accept bitcoin.

According to him, the high transaction fee and slow confirmations of payments have stunted the acceptance.

If solve these 2 problems: high transaction fee and slow confirmations of payments, bitcoin will have more adoption and its price can be very high

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August 04, 2017, 09:10:06 PM
 #12

i miss the old bitcoin days Sad where I could make $500 a day
Times with huge volatility was definitely fun and crazy, but we all know that it couldn't last forever.
Growing adoption and acceptance bitcoin as the payment method by merchants can't be continued when one day BTC is worth $500 more/less than the day before.
So yeah speculation game is over, but that doesn't matter that bitcoin price won't continue to grow gradually in the future.
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August 04, 2017, 09:53:49 PM
 #13

If you want to gamble and make maybe 3x on the gamble, try buying small amounts of Bitcoin Cash slowly to control your risk as the price is going down and then buy fast on the rise to help the pump further. I believe another pump is on the way in a few days.

this is not the right choice for now,
it was not a gamble more likely a suicide,just wait a bit longer before entering that party because right now many people starting to dump it.

The bitcoin market cap is still very small compared to other market like oil or gold. And even if it reach that level, there is still money to be made. Learn to trade and you will not just rely on holding. You can take advantage of bitcoins volatility to make money as well.

it's really dangerous for me to do something like this,they called it 'scalping' or what ever,i did it many times before and because of this i missed a lot of train and FOMO'ed
and,i think it's a not a stupid idea rely on holding because most of my profit came from it. and because of it i can doubled it or tripled it

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August 04, 2017, 11:18:29 PM
 #14

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Current adoption is just a beginning, bitcoin will continue to rise up over time because its demand always increase due to the usability of bitcoin, a better currency than conventional fiat money. Bitcoin has created not to doubled your money, but if you want to, you have to be patient for some time. When bitcoin get more attention, more governments regulated bitcoin as a legal payment such as in Japan, then you'll see its price doubled.
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August 04, 2017, 11:26:50 PM
 #15

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Depends on how you define "decent gains" and "forseeable future". Will we see a 10x surge within half a year? Nah. Those times are over. But we could see steady growth. Some sideways action may be boring, but also means stability, which leads to more credibility, which ultimately helps adoption. Bear markets suck, but are a great opportunity to stop staring at the charts and get some fresh air.

I personally would be quite content with Bitcoin just stabilizing between USD 3000 - 2500,- without overextending itself. People have heard of enough Bitcoin crashes. Many people that only follow mainstream news have not even fully realized at which price level Bitcoin is currently trading. Let that sink in with the general population first.
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August 04, 2017, 11:27:00 PM
 #16

let go of the market cap bullshit. it means nothing.

for bitcoin to double in value all it would need is a few tens of millions and a bunch of sellers who decide they can get more in the future.

ethereum could add another 'ten billion' in one afternoon if poloniex felt like having a pump.
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August 04, 2017, 11:28:34 PM
 #17

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

Too early to tell. We just come from a wild drama that ended up bitcoin price going strong still. So I think it just barely on the beginning of another great price rise. We may have not seen it now, but in the coming weeks will be critical and I believed that bitcoin will go to a new ATH before this year ends. Adoption comes very slowly, but I think it is a good gain and can be sustained in the near future.









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August 04, 2017, 11:41:02 PM
 #18

Bitcoin will still remain as you can seen the other not supporting bitcoin cash because is not supporting by many merchant unlike bitcoin that actually already succeed and almost all merchant right now are accepting bitcoin as payment unlike bitcoin cash so i think those who are receive large amount of bitcoin cash are dumping and converting in bitcoin to save more bitcoin instead.. And i think we can say that bitcoin cash is just an another altcoin..
Look at the improvement of bitcoin the speed of the transaction and the miners fee for every transaction was reduce that i think we will love more bitcoin to use. .

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August 05, 2017, 03:17:09 AM
 #19

No way to make any decent gains for the forseeable future. Mkt cap is $50b that means $100b to double your money.  I see sideways bs looking for idiot buyers for awhile then a bear market before the next leg up.
The current adoption simply doesn't support a continued rise.

People thought the same way when the market capitalization was $5 Bn. Bitcoin has never ceased to surprise us.
That said, you should be happy with any gains you make and not think about doubling your money.


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August 05, 2017, 03:37:56 AM
 #20

Good timing on this post OP  Grin
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