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Author Topic: This time its different  (Read 542 times)
zanezane
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February 04, 2018, 12:40:38 PM
 #41

No doubt the original poster doesn't know.   None of us know.   The same for the people saying that 'it must recover.'     The market has no 'must.'   I think it'll recover and continue to increase in value just because it's still not really mainstream, but I have also seen a lot of commodities simply just stabilize and find equilibrium.   That's actually a good thing for most currencies.  

Just think those bag holders, they'll probably won't their investment turns to dusts so they'll surely do something about this, who knows they're cooking something.
FUDS and trolling are everywhere and what the community needs the most is the people who's still believe and keep holding. This time isn't different but the people is the one who made it different.

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February 04, 2018, 01:04:56 PM
 #42

For bitcoin to rally again it would take more than people knowing about bitcoin. It would take people USING bitcoin. It would also happen if people could buy bitcoins through the stock market (not futures).

This.

The press is starting to pick up on the fact that merchants are abandoning bitcoin:

https://www.forbes.com/sites/kenrapoza/2018/02/02/heres-one-reason-why-bitcoin-is-in-freefall/#5866497067c8

Quote
Bitcoin may be in a freefall because demand for the cryptocurrency as a usable form of payment is slipping, if not dying altogether.

At least four companies have given up on Bitcoin transactions.

...The futures market is struggling to nail a price on Bitcoin.

The normal state of the futures market is backwardation. The opposite of backwardation is called contango, meaning the nearby futures price is higher than the spot price. Supply and demand are out of sync. You see contango in markets of scarcity. Bitcoins are finite. Demand for them as a transactional currency is eroding.

Basically what he is saying is that even though bitcoin's supply is scarce, if demand is even more scarce because no-one is using it, the price drops.

 
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February 04, 2018, 01:16:09 PM
 #43

   Who pays people to post this kind of things? Can I get similar
job to write against Bitcoin here and to be paid for that?
   This time is different said one little member, probably he wish
Bitcoin to be $100 again so he can buy whole Bitcoin, now its
too expensive for him.
   People do not be panic-sellers and fall on this garbage. It is what
I think, this fudsters can just trol around. I am a bit annoyed cause
they do that here. Go to FaceBook and spread spam there, you will
more likely to agree Mark Zuckerberg.



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February 04, 2018, 01:35:29 PM
 #44

This time isn't different but the people is the one who made it different.

People will never learn. I get it that noobs just having found their way into Bitcoin panic and tend to take fud for granted easily, but when even long term members act in a similar fashion, it get's a bit embarrassing, don't you think? It means that they haven't learned anything from what the market has been doing throughout the years. We have been through severe volatility before, and they still think that the volatility is a problem for the price. We have been through severe fud attacks before, and they still think that fud is damaging for the price. WTF!? Current levels are the ultimate proof that the market in the long term doesn't give a single f. about volatility and fud.
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February 04, 2018, 03:03:01 PM
 #45

Are you saying this because Facebook has blocked ads on cryptocurrencies and somehow you are thinking that there will be less people interested in it.

Well Facebook is a major social media that influences anything that exist but I think it won't affect btcoins and other clubs that much.

As long as many are already equipped with bitcoins knowledge, it will spread.  

Fake news will remain false.
We just need to focus more on the gold effects to help it develop more.

We can't do anything much about the banning and it's up to us to let them see how useful it is.
 i think it doesn't matter if facebook  banned crytpo 'cause there's a lot of ways to advertise bitcoin which is through, twitter, and youtube and etc , so no need to worry about it ,the must important is to hold and convince some friends to buy now especially those people who want to invest in real state refer bitcoin instead.   and also we need to collaborate to destroy those fuds which the main reason why the price is suffering right now.
I agree specially to dispose weak hands that kept the market so weak. Those people are ruining the industry. Just like what is happening in the forum which cleansing the shitposters that make the community worst.

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February 04, 2018, 04:00:05 PM
 #46

The price of bitcoin gets back before the last ATH's. Today's the price of bitcoin last year, I remember it was Oct or Nov last year before it gets higher and have a big investors. But now I don't know of there are still big investors will invest, not that we have dips. We already experience a long time of dips and we all don't know when to burst up again. It's already February 2018 by the way.
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February 04, 2018, 06:15:40 PM
 #47

The ongoing scenario is not similar to that of the things that has happened in the past. In such a way, its been described by the Op. In reality from majority of people's statement it is clear that bitcoin has the potential to grow bigger and better at the shortest. Possibly each and every time the volatility will vary with the market. One such thing is the ongoing price dip and bump.

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February 04, 2018, 06:31:22 PM
 #48

Are you saying this because Facebook has blocked ads on cryptocurrencies and somehow you are thinking that there will be less people interested in it.

Well Facebook is a major social media that influences anything that exist but I think it won't affect btcoins and other clubs that much.

As long as many are already equipped with bitcoins knowledge, it will spread.  

Fake news will remain false.
We just need to focus more on the gold effects to help it develop more.

We can't do anything much about the banning and it's up to us to let them see how useful it is.
 i think it doesn't matter if facebook  banned crytpo 'cause there's a lot of ways to advertise bitcoin which is through, twitter, and youtube and etc , so no need to worry about it ,the must important is to hold and convince some friends to buy now especially those people who want to invest in real state refer bitcoin instead.   and also we need to collaborate to destroy those fuds which the main reason why the price is suffering right now.
I agree specially to dispose weak hands that kept the market so weak. Those people are ruining the industry. Just like what is happening in the forum which cleansing the shitposters that make the community worst.

This logic will only hold true for so long, if we continually shake off weak hands by allowing whales to manipulate the market with FUD then we will reach a stage where no new investment comes because investors are afraid of such a scenario. It's important to always have new money coming in, even if they are in it for the wrong reasons.

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