Face up to reality: The game is over

[hercules006]

Not yet mate! Bitcoin and blockchain is yet to conquer. Its changing a lot of industry, and bitcoin is the gateway, it's not over if you analys the situation in this growing industry. Long live to bitcoin and blockchain! Long live to all the great mind who initiated this financial revolution. Yaaay!

[Anti-Cen]

You could be right OP but I think the jig was up when fees went to the moon from $0.10 a year ago
and they hit $55 a few weeks ago but looking long term its stating to look like the "Lightning Network"
is a disaster waiting to happen so I give you the long option of reading the white paper yourself

https://lightning.network/lightning-network-paper.pdf
Or the Youtube version https://www.youtube.com/watch?v=UYHFrf5ci_g
and my take on it https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

if your looking for the official propaganda version of how they want you to think it works then I even
have that for you too.  https://www.youtube.com/watch?v=rrr_zPmEiME

oh and if your new Segwit wallet is not working then you using it wrong, all outputs must also be
Segwit

if the greedy miners had held out then I think we could had seen $50,000 this year so they
blew it for the lot of us and made every other coin look bad in the process

[taeewo]

If you understand the game very well and understand the market, you won't say its over... Everything has its own time....

[Jon lang]

It is because of people like this who spread FUDs that the price of bitcoin, and also altcoins are being affected. This causes the holders to doubt themselves and the fact that they are still holding their coins despite the decreasing value of the coins. Rest assure, everything is not yet over. Remember, what doesn't kill you makes you stronger. Bitcoin will grow bigger than ever.

[spiker777]

There are just as many people predicting that bitcoin will hit $100,000 as there are predicting that it will crash to zero. You spreading this misinformation will do little or nothing to affect the price of bitcoin, so what is the point?

Bitcoin it still in its infancy and its already on $11,000. Once scaling and large scale adoption is achieved the price will stabilize and its utility as a currency can flourish.

[hyet24]

Why would the whales slowly ruin their cash cow?

Whales is just going after the people who sell not the people who hold.   That's why the price is very hard to go back to $4000 because hodlers.   You have to convince the hodlers to sell.  That's like convincing the mountain to move.

[Anti-Cen]

Not yet mate! Bitcoin and blockchain is yet to conquer. Its changing a lot of industry, and bitcoin is the gateway, it's not over if you analys the situation in this growing industry. Long live to bitcoin and blockchain! Long live to all the great mind who initiated this financial revolution. Yaaay!

Block-Chain is good but not the way it has been implemented here on Bitcoin because it won't scale and they
knew this eight years ago and the developers need to go back to school and learn what distributed system are
all about.

Funny others have managed it without any trouble but we are stuck with 200gb of data being replicated
20,000 times on full nodes and then the overheads of trying to keep the data all in sync. Bloody stupid it is
and now the chickens are coming home to roost.

[chanpinchen]

The game can not be over yet , as for every market dip there are investors coming in to push it higher with high volume and value .

[Anti-Cen]

Whales is just going after the people who sell not the people who hold.   That's why the price is very hard to go back to $4000 because hodlers.   You have to convince the hodlers to sell.  That's like convincing the mountain to move.

I am sure mobby dick was around during Tulip Mania and like the OP says the wheels are starting
to fall of this one and do remember we are talking virtual "mountain" here that are easy to move.

[hyet24]

Whales is just going after the people who sell not the people who hold.   That's why the price is very hard to go back to $4000 because hodlers.   You have to convince the hodlers to sell.  That's like convincing the mountain to move.

I am sure mobby dick was around during Tulip Mania and like the OP says the wheels are starting
to fall of this one and do remember we are talking virtual "mountain" here that are easy to move.

Im talking about people who wouldnt let go at all.   Your just rewording what im saying.

Can you convice a person who has nothing to lose?  lol  Thats the mountain Im talking about.

[tomahawk9]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

And the award for "FUD thread of the day" goes to freightjoe.

Are you saying this nonsese just because Bitcoin went down 10% today? because this has been going on for about a year, so whatever you think happened in December has nothing to do with the current dip, or with the usual volatility in the price.

Also, if you wanna start spreading FUD in the forum, at least be one of those users that actually "try" to make some sense by putting some "hard work" into their posts. Writing the first stupidity that comes into your head without some sort of reasoning other than your assumptions to back your words will clearly make you look like just another troll screaming for attention.

[btcprospecter]

I think I will continue to buy in dips as long as it isn't money I desperately need I would end up spending it on something else. If the whales do get out they are only going to be replaced by more whales. I'm going to try to avoid any FUD. Yes some investors are scared of losing their investments but everything is pretty much in the red.

[jona]

I don,t think this game is over. Old investors are selling their Bitcoin because it is their harvest time not even mining the price at which Bitcoin is now.They bought it at low price so they sell at any price,while new investors are buying also for the rainy day.The game is still waiting for the new ones.

[ZZ8ZZ]

I'm disappointed that this comes from a guy with a "Full Member" status here ... you'll regret this so much buddy ... soooo much 

[fulmetal08larz]

What's happening currently in BTC market is all part of the cycle, imagine the profit taking of those who bought BTC last year at $1k price level. Profit taking by holding for a year is not yet over and FUDs are being spread all over so that they can buy back at a discounted price which I think is an effective strategy of the whales. So, if all goes well this year, if an investor bought at $10k level and waited for a year to take profit, and when exponential growth of BTC continues which is unlikely to stop, the gain could be to the moon.

[felicanoma]

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

I think in the next few months your statement will be a mockery to you for not trusting bitcoin.
Maybe you should look at bitcoin hystory, bitcoin is currently only small fluctuations and this is common.
not the only bitcoin that fluctuates but on average all the coins also experience this.

[Adeyemi]

The game is not over. That's the reality. Study the market and you'll understand this. This is just FUD.

Buy the dips and sell at the top. Does that ring a bell? This statement is as a result of the current situation in the market now. You need to face up to reality and learn the market.

[pinkliar]

Why would the whales slowly ruin their cash cow?

Whales is just going after the people who sell not the people who hold.   That's why the price is very hard to go back to $4000 because hodlers.   You have to convince the hodlers to sell.  That's like convincing the mountain to move.

and hard for them to convince for so better to have patient while you are waiting on it. Whales are look so powerful they have the power on what ever they may like for.

[JeBro]

You are certainly right. But don't forget about millions of people who want to make money quickly and who have not yet entered the game. The fact that many crypto exchanges do not register new users shows that the game still has a continuation, because as soon as these new users enter the exchanges, the bitcoin price will again grow several times.

[ahihi.2020]

I don't think so, Because blockchain a good technology in future, the game has just begun