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Author Topic: Make-believe toy money (Bitcoin) is coming to an end  (Read 540 times)
freightjoe
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February 01, 2018, 02:58:10 PM
 #1

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
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February 01, 2018, 03:06:44 PM
 #2

We're still at $9,000+, sure, we dropped from $20k; but it is still a huge increase since october last year($5000). I don't see bitcoin even being close to the "end". In my opinion bitcoin is actually a lot better now: fees are a lot lower due to the blockchain not being too congested anymore(from 200k unconfirmed transactions to today's 41k[1]); segwit adoption increasing[2]; and lightning network[3] coming alot sooner than I've expected.

Also, what are you doing here in bitcointalk if all you do is spread unnecessary negativity anyway?


[1] https://blockchain.info/unconfirmed-transactions/
[2] http://segwit.party/charts/
[3] https://lightning.network/

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February 01, 2018, 05:32:52 PM
 #3

What makes your posts irritating and hyperbolic is the fact that you make everything black and white.  There is never going to be a definitive and sudden point at which Bitcoin ends, just (potentially) a point at which it falls into irrelevance compared to today.

You are not being helpful or constructive; you are not giving us any new information; you are just giving information we already new in a poorly phrased way.

Even if you could prove that Bitcoin was entirely useless, it wouldn't mean that the price would necessarily fall.  Speculators are not 100% rational and you should not rely on them for that.
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February 01, 2018, 05:41:20 PM
 #4

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.

There is a big difference between saying that bitcoin is overvalued, versus stating that bitcoin is becoming obsolete. The first statement can be justified, the second (yours) just shows complete ignorance of the problems bitcoin is solving.
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February 01, 2018, 06:23:04 PM
 #5

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
Cryptocurrency or bitcoin like any other currency in the world fluctuates because one reason or the other. I would say that what is happening now is natural. And as a currency still facing a lot of battles because of its nature of operation, it is expected that its fortune dangles this way until it eventually settles.

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February 01, 2018, 06:31:33 PM
 #6

So long ago??  Since when has 3-4 months become anything but a short-term time frame.  BTC has exploded since the summer of 2017.  If you want to look only at the high from December to now, sure you can say people were greedy to think it was going to 100k, but saying this coin is coming to an end purely because of a correction is woefully ignorant and down right ridiculous.
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February 01, 2018, 06:49:12 PM
 #7

The Bitcoins or any other crypto currency are future money so I believe in crypto currency's, I am sure that the Bitcoin well be bouns back very soon it's will cross 20k Mark end of July this year.

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jrrsparkles
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February 01, 2018, 06:52:12 PM
 #8

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
Ohh no,Please stop talking like that the price of bitcoin is still expensive when compared to last year and the price is in down trend at the beginning of every.So the price may bump at the back end so hold your coins if you want to make money.

psibenik
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February 01, 2018, 07:00:50 PM
 #9

Bitcoin will almost certainly recover, as it has done in the past. It's also possible that Ethereum may take bitcoin's position. But crypto is so, so far from being 'dead'
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February 01, 2018, 07:03:00 PM
 #10

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.
It may happen, as you say, but where are the worthy arguments? You say so just because the price is dropping? But we've been at this point already a couple of years ago, and yet it recovered and then increased. And some countries' bans are not an issue too, we still have US, UK, Canada, Netherlands and this list could go on and on. Yet, ~10 000 isn't that bad, and the transactions are alright. You're talking to people who only used BTC as an investment, but for those who appreciate its features bitcoin is still demanded.
pvk444
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February 01, 2018, 07:07:23 PM
 #11

Told you so long ago to get the hell out.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.

An important point that you seem to miss, is that traditional financial sense is unusable in the new world of crypto. Cryto's are disrupting the usual financial "laws", the same way mobile phones disrupted land-lines, or the internet disrupted traditional means of information transfer.
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February 01, 2018, 07:09:02 PM
 #12

Bitcoin is stil x10 value of 1 year ago even after drop today.
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February 01, 2018, 07:11:29 PM
 #13

Yes, there is no such big leap, but still it has grown in comparison with the last year. Now a large number of alternatives
MostafaGamal
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February 01, 2018, 07:15:51 PM
 #14

i think what you told is very hard to happen not impossible but if we talk abut the price , the price is go down many times and return , also the bitcoin start from 0.01 and reach 20K

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Slow death
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February 01, 2018, 07:16:17 PM
 #15

Told you so long ago to get the hell out.

If you are one of those people who do not like bitcoin then you should sell your bitcoin to leave the forum, but the incredible thing is that you stay on the forum and encourage people to sell their coins and you do not show proof that it is dangerous invest in bitcoin.

People with financial sense have sold long ago - the price is now constantly going ever lower with only the "HODL'ers" being dumb enough to "buy the dip" - but the dips will just continue to get deeper and deeper.

Let people do whatever they want with their money, if you do not like bitcoin then do not buy bitcoin.

And, yes, in here people are desperately screaming "FUD" at anyone who are not 100% believers in their fantasy crypto money - but at the end of the day, it is only these dreamers who will be owning the fantasy money, and like old pokemon-cards only other collectors might want to buy a few of them at pennies on the dollar.

Did you buy any bitcoin? Did you lose any bitcoin? Have you already made trade?

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February 01, 2018, 07:36:16 PM
 #16

The only basis of your point that bitcoin is coming to an end is because the price is going down. That is very shallow on my point of view. We have been in this road before, the price goes up and down, it is scary but that is how market works. All great companies suffers from time to time, their stocks goes down but in the end, things get fixed and it recovers.

The same is with bitcoin. It have some issues and the price suffers, but it does not mean that it is the end of the road for bitcoin. It just shows that something needs to be fixed. I believe the devs are working on it. The issues should be addressed soon.

People with financial sense have sold long ago
So what do you call those who invested from the beginning, hodl and made x1000 profits from bitcoin?


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February 01, 2018, 07:43:17 PM
 #17

this is called the saturation period, often occurs also in Forex, where the price is deliberately lowered for investors interested again to buy the asset, believe me, the price of Bitcoin will rise again..

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February 01, 2018, 07:47:49 PM
 #18

Crypto is WAY more legit than government money.  Governments can print endless amount of money any tim ethey want.  Bankers are lending out money that does not even exist and they do not have.  It's called fractional banking and is a straight scam.

CRYPTO HAS MORE INTEGRITY THAN GOVERNMENT MONEY.  If anything the government money is the fake toy money.  It used to be backed by gold but now it is worthless nothing,.
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February 01, 2018, 07:49:31 PM
 #19


Also, what are you doing here in bitcointalk if all you do is spread unnecessary negativity anyway?


I don't know what he tries to achieve with the spreading of such information all over. Its time like this people try to show they are expert saying we told you this, we told you that when everyone knows what is really going on. And the moment the price take a positive turn, they are quick to change tone and sometimes because of the inability to accept they are wrong, they still continue to being pessimistic by issuing several warnings.

Irrespective of how price turned to what it is today, its still an achievement over where we were this time last year. A lot of holders that he is referring to who bought this time last year and decide to sell today at the current price are still making massive profit that only bitcoin can turn out for a common man. If you would jump the ship, series of people are ready to take your place.
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February 01, 2018, 07:55:53 PM
 #20

Ah, another freightjoe thread.  Whether the price is $500 or $50000, whether people find utility in it or not, whether fiat in your own borders is depreciating to the point of worthless or not, you can always rely on freightjoe to tell you it's all a complete waste of time and you should basically just give up and be done with it all.

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