Akichiva23
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June 06, 2018, 01:44:57 AM |
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Bitcoin has received its share of devaluation overtime thanks to the activities of the wales who are going out of their way to get the value down, I however don believe that all is lost for BTC there are still chances that it will regain value and get to the to. We all have sen the potential BTC has, i don think its even near its death bed
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RXKING
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June 21, 2018, 12:22:55 PM |
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If you say the game is over, but for me the game is started. So everyone's point of view is different. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way. So do you think the game is over because the price has fallen? There are many factors that make the price drop every day, but I think the game will never end as long as Bitcoin is still there.
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connexus
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June 21, 2018, 12:27:40 PM |
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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 don’t think it is over no one can predict what will happen in the market for as long as there are investors and they still believe in bitcoin and other crypto currency the Coins will long live. The flactuation happening right now in the market is normal and soon it will recover so let us just be patient.
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docamvan1997
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Activity: 126
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June 21, 2018, 12:29:01 PM |
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everything has its rising up or down. it's a circulation. if you do not believe, just get out of this. but i believe it can rise up again.
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ThePogi
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June 21, 2018, 12:32:23 PM |
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It is Normal to Hold and Stack Bitcoin while others selling their own while you guys panic at the market it is because they waiting for a chances to sell it, Thats how market works and i do not agree of what you said earlier
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jitenrajput
Copper Member
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Activity: 252
Merit: 3
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
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June 21, 2018, 12:40:31 PM |
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I don't think the game is over. Panic selling is surely the reason for the drop as the ones not believing completely in the fate of crypto will take such foolish steps. There are plenty of potential investors and optimists with crypto and we'll see a high probably by the end of the year of mid-2019. The journey of crypto has been of ups and downs and every time it has bounced back with positivity.
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Sidolibtc
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June 22, 2018, 08:56:46 AM |
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bitcoin has been declared dead 150 times. the king has always returned to the throne. its protocol is inviolable. if there will be improvements of its weak points then we will have a strong use and obviously an increase in its price.
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Andrew S
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June 22, 2018, 09:08:50 AM |
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Bitcoin will be dead only when investors stop investing in bitcoin. But it will not be soon.
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manfredmann
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June 22, 2018, 09:13:17 AM |
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Well if it is over why bitcoin market price is still expensive. Why it can't go back down drastically meaning to say that there are still so many people holding crypto especially bitcoin that is so expensive for now. This is something that is nothing to worry about. Bitcoin market price volatility is just normal and some experience investors are saying that bitcoin is dead 100x and now it will make as 101 deaths of bitcoin and still counting.
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sevastya
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June 22, 2018, 09:16:51 AM |
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The game is not over and we will see $20k once again. If you have weak heart, you should leave asap.
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nicolaz.zhu
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Activity: 469
Merit: 16
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June 22, 2018, 09:23:50 AM |
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How else, we as small players can only see and wait, the rich get richer. Sometimes looking like this is very disappointed and sorry, eager to stop from the world of crypto.
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YesJP
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June 22, 2018, 09:37:23 AM |
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I won't say that the game is over, but maybe some regulations will help the market
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PAKYU
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June 22, 2018, 09:54:34 AM |
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that's not easy dude. bitcoin is a hard thing to understand. if we can know what thinks in their (whales) mind, we can do better.
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HectorAlden
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Activity: 189
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June 22, 2018, 03:52:49 PM |
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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.
Honestly, it does not matter. This is the crypto world where everything is unpredictable. I am in this market since a long time now and all I know is it keeps getting better. Yes, the prices may fluctuate but they become higher than before. If you see prg coin, it is low right now but after the launch of PRG space, it shall rise.
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Phyton76
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June 22, 2018, 04:00:48 PM |
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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.
The game is not yet over, it is just starting. Yes some people buy when price dips and sell before the bubble bursts, but that’s how bitcoin works, its just a cycle. However, the price decrease today is just one of those bitcoin experiences before and price will still increase and climb up more. There are a lot of news that bitcoin is dead but it is still surviving until this day.
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Nakakapagpabagabag
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Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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June 22, 2018, 04:05:25 PM |
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bitcoin has been declared dead 150 times. the king has always returned to the throne. its protocol is inviolable. if there will be improvements of its weak points then we will have a strong use and obviously an increase in its price.
Bitcoin going through these situations for many years and bitcoin always proved them wrong. Because bitcoin dropping of price is normal, because it is volatile, it means that the price is rapidly changing and its unpredictable if its going to increase or decrease. Dealing with wrong speculations can make wrong information, and it can lead to be bad news that vcan caused to affect bitcoin.
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JeffreyElvis
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Activity: 162
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June 22, 2018, 04:09:52 PM |
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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.
It is not the end. The prices fluctuate and come back to normal and regain their positions. Bitcoin is doing the same since year now. TAU for instance is low in price and value right now but its price will rise very soon as soon as the exchange comes out. So, there is no end to this era at all.
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dumplingsandsushi
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June 22, 2018, 04:10:33 PM |
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You know that btc is an open leadger right? You know that you can track it's movement right? so where is your proof that "whales" are selling off and making the dips deeper? Where on the ledger does it show that the addresses that have 1000 + btc are systematically selling off large amounts?
What is more reasonable, is that you are just speculating and trying to make sense of what is happening and then blaming whales for your investment difficulties.
My personal opinion, is that if a whale wants to profit off of the market, it is in their best interest to eventually sit back and let wild speculation begin to have the price driven higher. This means that, according to your description, it would seem that whales are cutting into their profit margins considerably if they continue this.
So, no, crypto isn't through, the game isn't over. If you are so worried about the safety of your investments then go ahead and sell them off.
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deadpool02
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June 22, 2018, 04:15:31 PM |
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No, not yet. There have been many drops before this and every time bitcoin has recovered well. You have to keep patience and faith when you come in this crypto world. The game is not over my friend.
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Nakedbitcoin
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Activity: 226
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June 22, 2018, 04:18:15 PM |
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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.
If this is game over, then why we are still alive in this furom showing our hard work and still support cryptocurrencies. I think we can not say this words the game over because we are now to far in developing the progress in cryptocurrencies. Do not lost your hope for this situation, its a temporary just looking forward for the success of cryptocurrencies.
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