gaurav@zup
Jr. Member
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Activity: 38
Merit: 3
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February 21, 2018, 01:53:48 PM |
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Holding the Bitcoin will not prove it's nature of being decentralised and buying more and more of it will not prove the point in front of government bodies across the globe ... regulations are required to avoid any misuse of the technology but the extent at which government interferes is up to us. Educate yourself and other investors to identify ponzi schemes and fake ICOs which will eliminate the frauds that catches the attention of the government bodies. People are taking steps in self regulatory area like https://icogovernance.org/ . So do support them and others like them to keep the Future decentralised. |
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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drachman
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March 02, 2018, 11:27:19 PM |
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The governments is now happy because our leaders has learned to controls cryptocoins market by creating panic through using regulations to attacked bitcoin and blockchain technology.
I think the only way we can proof to governments that bitcoin is decentralized and governments cannot control it like our current financial system is to buy and hold our coins. When you sell outside your immediate need you are are helping governments to fight bitcoin!
we cant blame people if they sell , we have different needs in our life and the only thing for the others is to supply it by using bitcoin so how they will be able to hold if they have something to buy . Only big whales has the ability to do that for me . The OP does not know that the market is generally influenced by the whales. They know how to read emotions from the charts, they know what to do to drive the market down or up since they know when there are weak hands in the market and they take that to their advantage. Also, this is even much needed for the market anyway, bitcoin right now needed that correction and at least for now, we can breathe fine and know where next we are heading to. It is really not that difficult, after all they already control most of the coins in the market and that means they can manipulate the price as much as they want, when there is a new development they do their best to pump the price and when a significant amount of weak hands have entered the market they crash it, they earn money in the way up and in the way down and become even bigger after each cycle. |
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Hemady17
Member
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Activity: 505
Merit: 35
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March 03, 2018, 12:38:34 AM |
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How is holding bitcoin going to prove that bitcoin is decentralized? Also, I'm pretty sure that the government already knows that bitcoin is decentralized, and that's exactly why we're having problems with government regulations, as they can't control it.
Lastly, don't tell people what to do with their money. It's a free market.
This is the same argument I want to say to OP. Free market and decentralized work’s perfectly when no one is controlling and saying what to do with his accounts. Encouraging and hyping can be considered an act of regulating. Let the market play its own self. Beside the more people selling their BTC is a good thing in the cryptocurrecy because that’s means lower price of BTC. Take this opportunity in your advantage and move forward. |
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Lionel
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March 03, 2018, 12:55:23 AM |
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The governments is now happy because our leaders has learned to controls cryptocoins market by creating panic through using regulations to attacked bitcoin and blockchain technology.
I think the only way we can proof to governments that bitcoin is decentralized and governments cannot control it like our current financial system is to buy and hold our coins. When you sell outside your immediate need you are are helping governments to fight bitcoin!
Yeah, they are trying to make us believe they can regulate/control/tax Bitcoin, but they cannot  They fear Bitcoin because it's anonymous and they cannot control it , and their only strategy is to make you believe they can. Losers HOLD Bitcoin until it gets to $50k at least, because it will in a matter of years. It's the future |
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drachman
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March 07, 2018, 07:54:30 PM |
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How is holding bitcoin going to prove that bitcoin is decentralized? Also, I'm pretty sure that the government already knows that bitcoin is decentralized, and that's exactly why we're having problems with government regulations, as they can't control it.
Lastly, don't tell people what to do with their money. It's a free market.
This is the same argument I want to say to OP. Free market and decentralized work’s perfectly when no one is controlling and saying what to do with his accounts. Encouraging and hyping can be considered an act of regulating. Let the market play its own self. Beside the more people selling their BTC is a good thing in the cryptocurrecy because that’s means lower price of BTC. Take this opportunity in your advantage and move forward. Unfortunately that is never going to happen, remember as long as people can obtain profits in the market they are going to try to seize some control of it and make money that way, that is what the whales are doing even if at the beginning they believed in decentralization and all its benefits once they see they can earn money manipulating the market then it is a sure thing greed will take over and they will try to benefit themselves. |
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jakagintiri
Member
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Activity: 420
Merit: 10
www.coinxes.io
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March 08, 2018, 04:12:23 AM |
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We can not forbid people to hold their bitcoins because they have their own needs and perceptions of how they apply bitcoin as it should, no power to do it all. But everyone without being asked to buy and store their bitcoin has done it, because they are smart enough to read the market situation that someday there will be a spike, everyone is crazy about it so there are many ways to make bitcoin on top. When the price rises so that there will be a mistake that occurs again.
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Botnake
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March 08, 2018, 04:54:28 AM |
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We can not forbid people to hold their bitcoins because they have their own needs and perceptions of how they apply bitcoin as it should, no power to do it all. But everyone without being asked to buy and store their bitcoin has done it, because they are smart enough to read the market situation that someday there will be a spike, everyone is crazy about it so there are many ways to make bitcoin on top. When the price rises so that there will be a mistake that occurs again.
I think we should encourage people on buying bitcoin because that would benefit them if they can hold for a longer period of time. People will sell to take profit or to take the money that they need and that is not good because it's like you are investing an amount of money that you did not allocate or you cannot afford to lose. |
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yugyug
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March 08, 2018, 05:00:52 AM |
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Buying and selling activities makes a healthy crypto market. If we just buy, buy, buy and never sell,sell,sell then the crypto market economy is stagnant. Buying and selling should be in synergy to continue to grow this cryptocurrency world. Big whales doesn't make a healthy flow of cryptocurrencies.
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RoftheN
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March 08, 2018, 09:48:05 AM |
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The markets don't work that way. Bitcoin can't always just go up in price. It has to go through down trend for the market to evaluate its correct value. You should actually be stocking up in such periods instead of worrying about the price. Bitcoin is a disruptive technology and theres nothing stopping it from going to the mars.
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drachman
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March 11, 2018, 10:47:00 PM |
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We can not forbid people to hold their bitcoins because they have their own needs and perceptions of how they apply bitcoin as it should, no power to do it all. But everyone without being asked to buy and store their bitcoin has done it, because they are smart enough to read the market situation that someday there will be a spike, everyone is crazy about it so there are many ways to make bitcoin on top. When the price rises so that there will be a mistake that occurs again.
I think we should encourage people on buying bitcoin because that would benefit them if they can hold for a longer period of time. People will sell to take profit or to take the money that they need and that is not good because it's like you are investing an amount of money that you did not allocate or you cannot afford to lose. At the end the growth in the market needs to be organic, it doesn't matter how much you promote bitcoin among people, the people need to begin to adopt bitcoin because it's on their best interest to do it, if bitcoin begins to work as a currency as it should and keeps working as an investment then more people will adopt it. The growth will not be as fast as we want but as long as bitcoin is still useful we are going to keep getting a growth in adoption. |
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liamnorthcoins
Newbie
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Activity: 211
Merit: 0
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March 12, 2018, 02:39:49 AM |
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The governments is now happy because our leaders has learned to controls cryptocoins market by creating panic through using regulations to attacked bitcoin and blockchain technology.
I think the only way we can proof to governments that bitcoin is decentralized and governments cannot control it like our current financial system is to buy and hold our coins. When you sell outside your immediate need you are are helping governments to fight bitcoin!
The government will always get in the way of anything that they have no control over. This fact is another power point for Bitcoin to become widespread in the world. Trading is naturally unstable it will increase and it will drop. This is basically the way of the Market. It's the trader himself who makes decision best for him as to when to buy and when to sell. |
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Nylelyn
Member
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Activity: 296
Merit: 13
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March 14, 2018, 08:49:26 PM |
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Yes we can really help to stop the bitcoin price from falling if people will stop selling and start buying more bitcoin. But we can't force them to do so because they have their own thinking about it. And there are some people take the opportunity to buy some bitcoin when the price go dip thus the price will increase, and upon seeing the price increase they will immediately sell their bitcoin to earn some profit that's why the price will start to fall again, so it can really depends on us if the price will go up or down.
Holding bitcoin while the demand becomes high will help increase the price, thus it will be good for the trading market if everyone would do the same thing and would have enough fund to surpass the current downside of the market. But then we cannot force everyone else to hold because we have different life and need to survive. Yes, people would take the chance to sell their btc when they see minimal profits to roll over again or meet their needs. We do have different strategies and let us hope that all of us will make great profit soon. |
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lienfaye
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March 14, 2018, 09:04:53 PM |
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What is the connection of holding to prove btc is decentralized?
Government cant control it, they can implement to put tax in every transaction in exchanges but not in btc itself. Also, everyone has a free will to hold or sell, you cant coerce investors to just hold because that's how they earn by selling although newbies are usually the ones doing panic sell.
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djsugar
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March 14, 2018, 09:29:06 PM |
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That would be a risky bet. What if after holding it for a while the price falls even lower. A person would lose most of the money and would lose faith completely. This market is heavily manipulated by big whales who have the majority of the stakes. Our small contribution doesn't even make any difference.
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smith136
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March 14, 2018, 10:02:38 PM |
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The markets don't work that way. Bitcoin can't always just go up in price. It has to go through down trend for the market to evaluate its correct value. You should actually be stocking up in such periods instead of worrying about the price. Bitcoin is a disruptive technology and theres nothing stopping it from going to the mars.
totally agree, people have different beliefs so even if you spread the word on buying not everyone will actually buy and not every one will actually stop selling because there are reasons behind why they are trading, i believe the news about crypto are the source of prices lately. |
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drachman
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March 17, 2018, 03:10:52 AM |
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That would be a risky bet. What if after holding it for a while the price falls even lower. A person would lose most of the money and would lose faith completely. This market is heavily manipulated by big whales who have the majority of the stakes. Our small contribution doesn't even make any difference.
We will never know when the price can go up or you can go down and most of us are unable to predict the direction is going to take, the question is if you are willing to hold no matter what? If you are not then it is probably better that you choose another investment with a lower risk, but if you're willing to hold then that is precisely what you should do, do not panic because if you do you will lose a lot of your money, the most important virtue for a holder is patience. |
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