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Author Topic: Bitcoin is a goose has fattened for slaughter  (Read 343 times)
Andrey.1963 (OP)
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November 06, 2017, 05:12:48 AM
Last edit: November 06, 2017, 08:03:10 AM by Andrey.1963
 #1

Bitcoin is a goose has fattened for slaughter

There are a lot of things have happened Between 2013 and 2017. Now big players from the big world are playing on the blockchain land, and they are not the local  aborigines at all.
At this moment, the blockchain capitalization is a bit over than 150 billion dollars. That is the cost of one not a biggest company from the real world economy.

And if George Soros was able to bring down the whole British economy – what might stop the players like he to kill the biggest beast on the blockchain’s fields? There are no internal reason for so rapid growth of bitcoin now. It seems that external money throws into bitcoin’s throat and so bitcoin looks like a goose which has fattened for slaughter.

That is an irony of fate, but external players shake Blockchain (with all its slogans about decentralization) by seizing him at the most centralized place. Bitcoin is a backbone and iron balls of blockchain.

If you have a hope to sale bitcoin on its top and then buy back after it fell down, you can loose on both points. At first there might be a game of pumping – dumping and then after the first bottom you will fell down at others ones.

It is a good time for buying tokens of different projects isn't it?. It will be a diversification of risks and would work for decentralization of blockchain’s assets.
What do you think about so strong blockchain dependence on bitcoin and about the fact that bitcoin’s growth so depend on external finance now? 

Esonics support
junoreactor
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November 06, 2017, 08:07:39 AM
 #2

Bitcoin is a goose has fattened for slaughter

There are a lot of things have happened Between 2013 and 2017. Now big players from the big world are playing on the blockchain land, and they are not the local  aborigines at all.
At this moment, the blockchain capitalization is a bit over than 150 billion dollars. That is the cost of one not a biggest company from the real world economy.

And if George Soros was able to bring down the whole British economy – what might stop the players like he to kill the biggest beast on the blockchain’s fields? There are no internal reason for so rapid growth of bitcoin now. It seems that external money throws into bitcoin’s throat and so bitcoin looks like a goose which has fattened for slaughter.

That is an irony of fate, but external players shake Blockchain (with all its slogans about decentralization) by seizing him at the most centralized place. Bitcoin is a backbone and iron balls of blockchain.

If you have a hope to sale bitcoin on its top and then buy back after it fell down, you can loose on both points. At first there might be a game of pumping – dumping and then after the first bottom you will fell down at others ones.

It is a good time for buying tokens of different projects isn't it?. It will be a diversification of risks and would work for decentralization of blockchain’s assets.
What do you think about so strong blockchain dependence on bitcoin and about the fact that bitcoin’s growth so depend on external finance now?  

Hi. Is your post a copy/paste from some article? Looks like it. Who's opinion is this?
IMO Bitcoin recent rise is not too healthy, a bit too quick for my personal taste, I do prefer slow and solid rise but can't complain either.
One thing though, I do not think Bitcoin's demand is too big, if the price was $100,000 it would represent approximately 10% of all currency exchange taking part in the USA right now. All this to say, circa $7k is not big of a number when all things considered, but I do worry about next fork and how it could affect the price. I have no idea why Bitcoin price rose so much last 6 months though. There is the hype of course but it cannot be only that.  Smiley
Andrey.1963 (OP)
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November 06, 2017, 09:59:36 AM
 #3

Bitcoin is a goose has fattened for slaughter


Hi. Is your post a copy/paste from some article? Looks like it. Who's opinion is this?
IMO Bitcoin recent rise is not too healthy, a bit too quick for my personal taste, I do prefer slow and solid rise but can't complain either.
One thing though, I do not think Bitcoin's demand is too big, if the price was $100,000 it would represent approximately 10% of all currency exchange taking part in the USA right now. All this to say, circa $7k is not big of a number when all things considered, but I do worry about next fork and how it could affect the price. I have no idea why Bitcoin price rose so much last 6 months though. There is the hype of course but it cannot be only that.  Smiley

Initially bitcoin was growing thanks to arriving of single individuals into blockchain, but now  large investors with large amounts of money began to come here. Their behavior and goals are different from the usual activity of blockchain- population.  And there are diffenitly biger opportunities for gaming which they have.

Esonics support
Softenergy
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November 17, 2017, 03:34:29 PM
 #4

No one will listen to you wile bitcoin grows
bundo
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November 17, 2017, 04:16:44 PM
 #5

Before the birth of bitcoin almost some people invest long-term through precious metal .. .., because it is very clear every year the price is always up

and for now some people switched investasi through bitcoin whose price every day rises even seconds

so great players in the business take advantage of bitcoin for the absolute means of investment
for some small players only put a drop of water ..
KingScorpio
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November 17, 2017, 04:52:58 PM
 #6

Bitcoin is a goose has fattened for slaughter

There are a lot of things have happened Between 2013 and 2017. Now big players from the big world are playing on the blockchain land, and they are not the local  aborigines at all.
At this moment, the blockchain capitalization is a bit over than 150 billion dollars. That is the cost of one not a biggest company from the real world economy.

And if George Soros was able to bring down the whole British economy – what might stop the players like he to kill the biggest beast on the blockchain’s fields? There are no internal reason for so rapid growth of bitcoin now. It seems that external money throws into bitcoin’s throat and so bitcoin looks like a goose which has fattened for slaughter.

That is an irony of fate, but external players shake Blockchain (with all its slogans about decentralization) by seizing him at the most centralized place. Bitcoin is a backbone and iron balls of blockchain.

If you have a hope to sale bitcoin on its top and then buy back after it fell down, you can loose on both points. At first there might be a game of pumping – dumping and then after the first bottom you will fell down at others ones.

It is a good time for buying tokens of different projects isn't it?. It will be a diversification of risks and would work for decentralization of blockchain’s assets.
What do you think about so strong blockchain dependence on bitcoin and about the fact that bitcoin’s growth so depend on external finance now? 


this is all about the believes in the blockchain encryption system and the idea its just because its decentral

regards

leea-1334
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November 17, 2017, 04:57:03 PM
 #7

So, OP, did you buy in all these alternate projects at the time you posted this? Did the rise of Bitcoin yesterday and today take you by surprise? Are you now holding even more bags or did you cut losses and realise your mistake?

Lesson of crypto: you never know what's going to happen next.
Lesson of Bitcoin: you cannot bet against the king long-term. The best you can do is take advantage of dips to sell your alts. But then when you do, you simply increase the value of Bitcoin.

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Softenergy
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November 28, 2017, 05:10:04 PM
 #8

So, OP, did you buy in all these alternate projects at the time you posted this? Did the rise of Bitcoin yesterday and today take you by surprise? Are you now holding even more bags or did you cut losses and realise your mistake?

Lesson of crypto: you never know what's going to happen next.
Lesson of Bitcoin: you cannot bet against the king long-term. The best you can do is take advantage of dips to sell your alts. But then when you do, you simply increase the value of Bitcoin.


Blockchain exists for several years while the logic of finance - several centuries. The point is that you belive blockchain as thouhg if it is a god. But it seems the author of this article thinks blockchain is just a goose's been fattened for slaughter
So best regards staying with your faith
lamadu3
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December 05, 2017, 12:43:58 PM
 #9

Probably yes, we cannot be sure that Bitcoin is growing only because less and less BTC are left. The hype about it and the news that tell us that BTC will reach 20K, 30K, 40K and even 100K may artificially let its price growing. Nobody knows for 100% if it falls once or not
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