I lost confidence in bitcoin

[N1ceCash]

After months of trading/mining what i learned so far:

* Bch pump, dump which has done for purpose to prove that bitcoin stays the original and the master

* jp morgan (zcash) problem that could make  him/them rich by attacking bitcoin with help from media and truing shorting on
* big support at 3000$ which i think its made from money shorted all the way down from 5000$, yes bit coin is unstoppable


* china gov +neo most popular chinese (pump 40$) ahm,sorry dump 17$ after using china ico/exchange threats
than pump again 37$ when the threats gone

*zcash wild  ride from  200$ to 400$ than back to 200$ done on purpose someone pumped the price than started selling, the new always come late to cover the fraud. i bet ppl didn't know edward sandosen was talking that zchach is next bitcoin, >>> lie zcash is a fork as it as bch born to feed btc.

*the rush to beat resistance weakly candle (done) and 5000$+ milestone backed by new fork, (yes this time we learn lesson from bch) so waht ? dump everything bch neo eth,  and leave ripple ppl think its a company not a decentralized crypto currency. neo went from 38 to 29 in hours when btc need to beat resistance and close weekly candle  last friday night, is that a coincidence? no ... no bit coin is the master coin and other coins are nothing if bitcoin fall so dumping other coins to save bit coin is a must, and other coins can be bumped easily later..

conclusion : bitcoin bump*fork*media*dump*support* cycle all  done on purpose and it sucks.

even that i see bitcoin rising right now, i lost faith and i feel like i am taking profit from something without value
you can think your self making good money and after week find your money more than halved , happened with eth, happened again with neo (aka china eth)

buying/holding is the best strategy, yes it is the best, but this big whales making big profit, when we holders hold our hope and pray, who assure to us this big whales don't turn away on us.., they are doing it now and they will blow the market if something big happen like gov banning btc /minning.

if you ppl with 1k 10k think your self will be millionaire, this guy who invest millions now will be trillionare ?.. no way the economy of all the world is not like this,



So guy any one has better explanation on whats going on ?

[cunese]

BTC prices have been falling, but the price of BTC has been rising in the last two weeks, and the market has become more and more confident.

[player514]

After months of trading/mining what i learned so far:

* Bch pump, dump which has done for purpose to prove that bitcoin stays the original and the master

* jp morgan (zcash) problem that could make  him/them rich by attacking bitcoin with help from media and truing shorting on
* big support at 3000$ which i think its made from money shorted all the way down from 5000$, yes bit coin is unstoppable


* china gov +neo most popular chinese (pump 40$) ahm,sorry dump 17$ after using china ico/exchange threats
than pump again 37$ when the threats gone

*zcash wild  ride from  200$ to 400$ than back to 200$ done on purpose someone pumped the price than started selling, the new always come late to cover the fraud. i bet ppl didn't know edward sandosen was talking that zchach is next bitcoin, >>> lie zcash is a fork as it as bch born to feed btc.

*the rush to beat resistance weakly candle (done) and 5000$+ milestone backed by new fork, (yes this time we learn lesson from bch) so waht ? dump everything bch neo eth,  and leave ripple ppl think its a company not a decentralized crypto currency. neo went from 38 to 29 in hours when btc need to beat resistance and close weekly candle  last friday night, is that a coincidence? no ... no bit coin is the master coin and other coins are nothing if bitcoin fall so dumping other coins to save bit coin is a must, and other coins can be bumped easily later..

conclusion : bitcoin bump*fork*media*dump*support* cycle all  done on purpose and it sucks.

even that i see bitcoin rising right now, i lost faith and i feel like i am taking profit from something without value
you can think your self making good money and after week find your money more than halved , happened with eth, happened again with neo (aka china eth)

buying/holding is the best strategy, yes it is the best, but this big whales making big profit, when we holders hold our hope and pray, who assure to us this big whales don't turn away on us.., they are doing it now and they will blow the market if something big happen like gov banning btc /minning.

if you ppl with 1k 10k think your self will be millionaire, this guy who invest millions now will be trillionare ?.. no way the economy of all the world is not like this,



So guy any one has better explanation on whats going on ?

I don't blame you for losing your confidence in bitcoin, but I'm just wondering, have you also lost your hope in all uses of blockchain technology as well? I find the technology backing Bitcoin to be one of the most important parts of it, and I think it has many many use cases. You've in particular stated some altcoins that you noted also have a similar pump/dump cycle.

Furthermore, I think if you're in the cryptocurrency markets to make money, you're looking to risk some of your own money as well. Part of that risk comes in when you're analyzing when the pump happens and when the dump happens. Crypto is governed by the people, and the price rises and drops are all investments/withdrawals from cryptos. The better you get at analyzing those trends, the more money you can make. I'm not sure if you're annoyed with the fact that you need to wait on pumps/dumps to make money or if you're frustrated with anything else. Could you maybe clarify a little more?

[leynuuuh]

And I also felt that kind of feeling but I did not lose my confidence just like you. First of all, if you lose confidence, you'll get bored in it so don't let that boredome take you mindset. This things must be your motivation. Don't let it pull you down. Those issues are just normal, just get along with it.

[kramchers]

BTC prices have been falling, but the price of BTC has been rising in the last two weeks, and the market has become more and more confident.

We can expect more pump this month, the rise is just starting and we will see the market soon full of green as bitcoin will be on rocket.
Before the 20TH on this month a large move will come and will continue till JUNE! im pretty sure with that.
Some says it will begin on the 16th.

[matuson]

BTC prices have been falling, but the price of BTC has been rising in the last two weeks, and the market has become more and more confident.

We can expect more pump this month, the rise is just starting and we will see the market soon full of green as bitcoin will be on rocket.
Before the 20TH on this month a large move will come and will continue till JUNE! im pretty sure with that.
Some says it will begin on the 16th.

Not April 16th. Many expect great growth from April 18. This is due to the end date of tax payments in the United States. But it seems to me that it is not. Everyone who wanted to sell the coins they have sold. It seems to me that the cause of the other.

[ManaMan]

Bitcoin market and cryptocurrency market is small compared to popular and strongest world fiat currencies out there. However I like your fact but some people are not here only for the money. They don't call it the speculative asset for no reason, it can go up and down - who knows. This is stil lin some sort of experimental phase, but I am sure we are going to use some sort of electronic money call it bitcoin or something else. So far this is casino game, you can't be mad for the people who bought long ago and if price soars.

[RuslanSamui]

Hello everyone, I still have not lost confidence in bitcoin. But I admit when the price is the lowest for this year, I began to worry

[squallw]

This is part of crypto's world, but you need to zoom out, see the price of bitcoin 1 or 2 years ago, there is a huge increasement.
Bitcoin will always be very volatile, at least until reach some peak like $1million.
Anyway this market is not for everyone, you need to be patient and need to know that price may crash sometimes.

[leynuuuh]

And I also felt that kind of feeling but I did not lose my confidence just like you. First of all, if you lose confidence, you'll get bored in it so don't let that boredome take you mindset. This things must be your motivation. Don't let it pull you down. Those issues are just normal, just get along with it.

[ladydark]

Bitcoin is really such a wonderful thing but big whales have just made it like a football just beating it as they wish sometimes towards the lower price goal side and sometimes towards the higher price goal side.But unlike altcoin market,its really very difficult to manipulate bitcoin price as they wish.Its just the media adding fuel to the fire.But still,there is no need to lose hope fully in bitcoin.

[Tuare aget]

BTC prices have been falling, but the price of BTC has been rising in the last two weeks, and the market has become more and more confident.

We can expect more pump this month, the rise is just starting and we will see the market soon full of green as bitcoin will be on rocket.
Before the 20TH on this month a large move will come and will continue till JUNE! im pretty sure with that.
Some says it will begin on the 16th.

We have different disappointed with bitcoin because not only about price which only pump and dump for purpose of gaining income by whales, but also the improvement of the bitcoin technolgy is very slow and we can not use bitcoin for payment system where we need more low charge for sending bitcoin to another wallet

[caloy06]

 There is a reason if why lost confidence in bitcoin. Example; the reason of lost confidence is scam. If you tried to invest but your invest is not earn and back to you it will be happen you scam. This is the one reason if why user in bitcoin is lost confidence. Likewise, I have experiemce to scam but I can't do it invest anymore to the investment site because, you pay once you invest but if you invest again the intrucstion for payment is  change so it is scam.

[xhoondilan]

I think you might be right, because if the government won't accept bitcoin then the possible output to that is bitcoin will not be legally advertised and thats why the value of btc is slowing down. And also there is no easy way to double your money, you need to work hard to earn salary not to gamble bitcoin that is a big risk to do.

[karloscimot]

if in case you lose confidence in bitcoin. undoubtedly the spirit spirit and high ideals to become a millionaire is no longer gradually long will disappear. (agan failed to invest to achieve the dream of becoming a millionaire and millionaire). because the key to success is the intention and high spirit of what is the obstacle we must menjang .

[paulo29]

Patience is a virtue that requires perseverance that eventually receives rewards. Losing confidence on bitcoin is an insight of losing hopes on what everyones' hoping for. It is true that the price or value of bitcoin is in lower point, but this matter is normal to all forms of investment,whether in the form of stocks, currencies (fiat or virtual) or any other form, who says the there is no risk involve in trading and investing, well what was happening right now is a normal scenario. But then, losing confidence and beliefs on bitcoin will definitely will not earned as well, but it is always one's decision on what he owns  because anything happens to his assets he/she will receives the result of it. well, be decisive, make the necessary study and analysis since it is yours and you will benefited if your choice or decision is right.

[pooya87]

altcoin pump and dumps have been going on from the start, it is because mainly they realized that since bitcoin market has grown so big that they couldn't manipulate it easily and as effectively, so they decided to create altcoins and do it there. now we are left with thousands of them that are getting pumped and dumped every day.
but none of it has anything to do with bitcoin and is no reason for losing confidence in bitcoin!

[cutiemolit]

Patience is a virtue that requires perseverance that eventually receives rewards. Losing confidence on bitcoin is an insight of losing hopes on what everyones' hoping for. It is true that the price or value of bitcoin is in lower point, but this matter is normal to all forms of investment,whether in the form of stocks, currencies (fiat or virtual) or any other form, who says the there is no risk involve in trading and investing, well what was happening right now is a normal scenario. But then, losing confidence and beliefs on bitcoin will definitely will not earned as well, but it is always one's decision on what he owns  because anything happens to his assets he/she will receives the result of it. well, be decisive, make the necessary study and analysis since it is yours and you will benefited if your choice or decision is right.

I agree with waiting awaits greater rewards for those who patiently waits. Take away the fear and doubts that you have instead trust Bitcoin. Bitcoin already surpasses a lot of rocky road along its way. So be confident that Bitcoin will surpassed this too.

[Khimmy28]

To summarize what you've just written, ''I've lost confidence in the price of Bitcoin" will make a better title from your explanation; since all you talked about is the price, no comment on the technology and application.

[Stigmooo]

After months of trading/mining what i learned so far:

* Bch pump, dump which has done for purpose to prove that bitcoin stays the original and the master

* jp morgan (zcash) problem that could make  him/them rich by attacking bitcoin with help from media and truing shorting on
* big support at 3000$ which i think its made from money shorted all the way down from 5000$, yes bit coin is unstoppable


* china gov +neo most popular chinese (pump 40$) ahm,sorry dump 17$ after using china ico/exchange threats
than pump again 37$ when the threats gone

*zcash wild  ride from  200$ to 400$ than back to 200$ done on purpose someone pumped the price than started selling, the new always come late to cover the fraud. i bet ppl didn't know edward sandosen was talking that zchach is next bitcoin, >>> lie zcash is a fork as it as bch born to feed btc.

*the rush to beat resistance weakly candle (done) and 5000$+ milestone backed by new fork, (yes this time we learn lesson from bch) so waht ? dump everything bch neo eth,  and leave ripple ppl think its a company not a decentralized crypto currency. neo went from 38 to 29 in hours when btc need to beat resistance and close weekly candle  last friday night, is that a coincidence? no ... no bit coin is the master coin and other coins are nothing if bitcoin fall so dumping other coins to save bit coin is a must, and other coins can be bumped easily later..

conclusion : bitcoin bump*fork*media*dump*support* cycle all  done on purpose and it sucks.

even that i see bitcoin rising right now, i lost faith and i feel like i am taking profit from something without value
you can think your self making good money and after week find your money more than halved , happened with eth, happened again with neo (aka china eth)

buying/holding is the best strategy, yes it is the best, but this big whales making big profit, when we holders hold our hope and pray, who assure to us this big whales don't turn away on us.., they are doing it now and they will blow the market if something big happen like gov banning btc /minning.

if you ppl with 1k 10k think your self will be millionaire, this guy who invest millions now will be trillionare ?.. no way the economy of all the world is not like this,



So guy any one has better explanation on whats going on ?

perhaps thats the way it should be the millionaire will become billionaire.. and billionaire becomes trillionaire... but think about this.. only about 10% of the worlds population or maybe 20% of the worlds population invest in bitcoina and other crypto currencies.. then 10% of 10% is the whales.. and 10% of 20% where investors.. newly investors.. so meaning only few becomes what you were saying.. and i respect your opinion buddy.. thank you so much..