I have NEVER seen Bitcoin in such a sorry state as this!!

[Vineeta2oct]

Exiting at the right time is very important. Irrespective of whether you believe in Bitcoin or not, you got out at the right time.

And for the tech part, there are still many like me who believe in bitcoin. Ups and downs are part of any market and they are impossible to avoid. Best we can do is wait for the dip, buy, wait for the boom and make profits.

[allthebitandbobs]

You clearly chose the right time to get out. Well done buddy

not a cert he said he puttign his bitcoin into alts not fiat .SO he more then likely got fucked like the rest of us .IF he converted to fiat then he done well

[tytanhamon04]

I don't think he's miserable, everything is as it should be and who believes in him will pay for it with their Newari, money and will to buy it expensive !

[Veterock]

I understand that the topic is old, but how funny it is now to see that the price of 6,500 dollars is a terrible state of bitcoin))

[cxmyifan16]

I have read the story you have shared here and can say you thanks for telling it because it was interesting to read it. I agree with you because this is really a sorry state if it is possible to call it so

[android17]

Though btc now in a crucial stage but it get in line soon.

Yep, me too but i never doubt bitcoin, and i always think that it will recover from this kind of loss. I always think positive and erase the negativity in my mind. Its not over yet, i swear that to you that bitcoin will recover, so dont panic. It will rise soon.

[DennyPen]

Although the market is depressed now, btc remains to be a perfect investment opportunity. During the next bull run, it will beat its high. No doubts.

[gabmen]

I have read the story you have shared here and can say you thanks for telling it because it was interesting to read it. I agree with you because this is really a sorry state if it is possible to call it so

Well i've seen worse actually. That's why i think that though it's that bad for other people, i think it's not a desperatr case yet. We've fallen hard because we came from quite an unreal all time high.

[Chichitalent]

Several transactions of mine have gone with 0 confirmations in the past several days.  And some of those I was paying 1.5X or 2X the recommended fees.  Nothing.  Nada.  Zilch.

Bitcoin has gone from being an expensive network to use to a practically unusable network.  I was defending Bitcoin against millions of tards back in 2011 and 2012.  Are they going to have the last laugh on me now?  It pisses me off to actually see some of you defending this too and saying "this is the way Bitcoin is supposed to work".  Umm... NO IT IS NOT .

I have ZERO confidence left in Core and their "developers".  Their network can't handle the slightest bit of volume without totally seizing up.  And then Adam Back is out there with the press talking about Bitcoin vendors and merchants running a tab system??  Really??  You can't do your job properly so you want people to run a tab in BTC??  You saw this coming from 10 miles away and did nothing about it.  Stupid or malicious?... you decide.

I will be converting my remaining BTC to BCH, Dash, XMR and coins that actually work! And coins that have teams that have at least a Grade 7 level understanding of economics, ie.. "when you are at capacity, you open more locations".  And not throw out "but but centralization!!" juvenile red herrings!

Long time Bitcoiner of 6 years here saying, "SEE YA LATER! CASHING OUT NOW!"

Dont close the door yet. All system have always room for improvement.
I believe they are already working around on it and if they get it right, it will make things better.

[freightjoe]

I have read the story you have shared here and can say you thanks for telling it because it was interesting to read it. I agree with you because this is really a sorry state if it is possible to call it so

Well i've seen worse actually. That's why i think that though it's that bad for other people, i think it's not a desperatr case yet. We've fallen hard because we came from quite an unreal all time high.

And by saying "Yet" you are also saying that you are sure it will become desperate going forward....

[Olayinka225]

Yes it's heartbreaking as so many traders wasn't expecting the bloodbath to more and last longer than this, but gloriously, we thank God that the market is recovering back slow and stead and some little coins are on green like bitcoin, eth etc

[flying_bit]

Never seen Bitcoin in such a sorry state as this? Nope, I definitely don't agree with you. You should see the first  couple of year of bitcoin, no one wants to accept it (that includes me as freelancer and I regret that) and it's being called scam then been associated with dark web and widely used in illegal business. That's the worse year of bitcoin for me. Today is so much better than those times. I will say, this is not the best time but definitely not worse.

[killat]

Don't be too involved into the price, otherwise you will live stressful moments specially during long bearish periods.

Try to invest only what you can afford to lose and only projects you feel they have a bright future within the next 3-5 years. Cryto does not mean verifying the price every day, but having patience and taking wise decisions.

[bigbosma]

It's all temporary stuff. It continues to develop and improve, and this is an indicator that everything will be okay with it - the price will recover and grow, and the technology itself will work even better.

[kelz1]

One year after that rant and bitcoin is still here, still struggling but still alive and kicking. We should not forget the tough times, they were worse than it is now with just a few users. Bitcoin will easily recover, and quicker than it has done before

[TIDOVEE]

Sorry, I suggest you be patient and all will be well.
It is temporary, and you may not expect everything to be so smooth every time. Be sure there is a sparkling light at the end of the tunnel.
Everyone here is bearing it, it has not been such easy.
We even complicated the issues with some of our predictions that failed.

[btc_angela]

Sorry, I suggest you be patient and all will be well.
It is temporary, and you may not expect everything to be so smooth every time. Be sure there is a sparkling light at the end of the tunnel.
Everyone here is bearing it, it has not been such easy.
We even complicated the issues with some of our predictions that failed.

Lol. Bitcoin market is fairly young as compare to stocks or gold and to say that it's a sorry state is a bit unfair to crypto's. Anyways, as I have said, this is a journey, the more you stay on the market, the more you understand that you really need to have a lot of patience in order to survived and be successful in the end. Yes, others make things complicated by listening to so called experts about what the price will be in the future but we all know that no one has the crystal ball to see where the price will be in the next coming days or months or years so patience is the key.

[jonaire99]

The downtrend of bitcoin is only temporary and it will go down to zero. This market downtrend will also provide us the opportunity to buy bitcoin and other cryptocurrencies at an affordable prices. Nobody knows when the recovery or bounce back will start but it will happen in due time so try to be patient more while waiting for another bullrun.

[jcmansah7]

if you have never seen bitcoin in such a sorry state as this then you will never see it in its glorious way when it hits a new all time high again. Patience is what you need to survive this bear market because at the end of every bear market there is a bull run. It can take a long time before we finally see it but it will definitely come and only those who have the patience to stay now will enjoy later.

[evichi]

The state of bitcoin within this period is really depressing for investors nd holders bitcoin, But I think bitcoin follows a curve - goes up and down. Looking at the market capitalisation as well as the increase in cryptocurrency coins/tokens shows that bitcoin future is still bright. Though, I cannot explain the bear market at the moment, I believe the market is temporary and will gather momentum in no distant time. So long people continue to show interest in cryptocurrency, then bitcoin, which in my opinion is the pivot of cryptocurrency, will definitely appreciate in price.