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Author Topic: Bitcoin backed down  (Read 402 times)
davit putra (OP)
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February 24, 2018, 05:58:32 PM
 #1

How to reinforce the belief that bitcoin will not die.

hatun
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February 24, 2018, 06:02:09 PM
 #2

How to reinforce the belief that bitcoin will not die.
Bitcoin will not die certainly. If you read articles, books, interviews and news on crypto currency, you will be assured that bitcoin has magnificent future. Therefore it will boom and has no chance to die.
bob123
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February 24, 2018, 06:14:07 PM
 #3

How to reinforce the belief that bitcoin will not die.

There is no reason to believe bitcoin 'is dying'.
"What goes up must come down" - Isaac Newton.
2017 was the hell of a bull run. It was clear a major correction would come.
Bitcoin hit a bottom and is up a nice percentage compared to Feb 7th. There won't be a straight line of green candles to moon.
Corrections happen (and have happened before). Bitcoin has always gotten stronger than before.
Additionally the next few years will have a good impact on BTC's price and adoption.

Geemy
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February 24, 2018, 06:15:50 PM
 #4

Bitquin has not decreased its price I believe that its price is relatively constant between 9000 and 10000,
this stability is not falling
brengoskandel
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February 24, 2018, 06:52:39 PM
 #5

I will advise you, so you can motivate yourself to be sure that bitcoin will never die.
first, never trust the negative news in the media, which tells all the negative things about bitcoin. because it is just a speculation to attract readers, because they sell news. whether it's good or not they just want to benefit from the news they make.
and you have to be sure that bitcoin will never die, because the longer the number of bitcoin investors is increasing.
and there's no reason not to trust bitcoin.
Washball
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February 24, 2018, 07:05:11 PM
 #6

Bitcoin is here to stay. Yes, the price has dropped from 20K to 6K, but is now around 10K. That is still a huge amount, compared to a year ago. Governments are not banning cryptocurrencies, they will only have regulations to keep some kind of control. They recognize the benefits that cryptocurrencies bring along. The price of bitcoin will surge again, that's for sure.

leath08
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February 24, 2018, 07:48:29 PM
 #7

Bitcoin is solid, people are so negative. Aways happens when the price drops wait till in goes on a run again.
DarLim11
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February 24, 2018, 07:58:18 PM
 #8

Just think of the institutions and organization who want to use cryptocurrency. In exchanges bitcoin is the primary coin in pair. All of the coins have some relationship to bitcoin and those coins will prevent it from completely dying.
Also those who still consistently believe in bitcoin will help. They will always pull the market because they see a low prices as a chance to earn.

In short those who believe is the only support, if they suddenly change their mind it will affect the bitcoins price in a way.
Morning honor
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February 24, 2018, 08:02:29 PM
 #9

How to reinforce the belief that bitcoin will not die.
I dont belive that bitcoin will goes down its because of many bitcoiner like me that always supprt for the nicely of bitcoin.I love bitcoin and i know it will be forever and never fades anymore.

sonali2015
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February 24, 2018, 08:07:07 PM
 #10

How to reinforce the belief that bitcoin will not die.
Its impossible die bitcoin because its alredy famous and valuable coin now.Bitcoin is a crypto currency coin not a cash money so its always dunp and pump so please researchon bitcoin previous record.So bitcoin must be up .Just wait for a positive news about bitcoin than bitcoin will be moon
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February 24, 2018, 08:46:44 PM
 #11

If the crypto currency is combined with energy coins, then I think everything is just beginning! At this stage, the market should cool slightly.
John Langut
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February 24, 2018, 08:51:34 PM
 #12

What you're seeing is people selling Bitcoin because of the uncertainty in the next days. On Monday there's a discussion about the regulation of virtual currencies in Europe. And in March there's the G20 in Argentina talking about global crypto regulation.   
VictorHolder
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February 24, 2018, 08:57:02 PM
 #13

Anything that many people use to transact and make a living off cannot just die unless people stop using it. Think newspapers, they are dying because people are using them less. Bitcoin is being used more and more every day.
MiF
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February 24, 2018, 09:05:17 PM
 #14

What you're seeing is people selling Bitcoin because of the uncertainty in the next days. On Monday there's a discussion about the regulation of virtual currencies in Europe. And in March there's the G20 in Argentina talking about global crypto regulation.   
People are always afraid of the unknown, most of them maybe lack of experience, dropping of price may occur if everyone sell their bitcoin because of those fear with the unknown outcome from some other issue behind the line of crypto currency. I think we only net to set and wait for the next update we don't have to sell quickly maybe we are contributing such huge dump if we do selling this time.

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Xiomara
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February 24, 2018, 09:06:54 PM
 #15

The fall of bitcoin is absolutely normal, because no asset can grow infinitely, especially at such a rate. There was one impulse, now it will be different. Then there will be a pause and growth will begin again. It will not die, will not go anywhere. Because there is already an entire industry.
Omosomofa
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February 24, 2018, 09:14:40 PM
 #16

Bitcoin will not die. It can go down for now but that does not mean it not have future used. I have confidence on bitcoin that at a time will come almost all the countries will legalize it to be used for payment method. Come to think of it... It is now using ATM Machine to withdraw instantly.
Jating
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February 24, 2018, 09:16:50 PM
 #17

How to reinforce the belief that bitcoin will not die.

There can be challenges along the way, but certainly it will not die down as what doomsayers are telling us. It still dominates the market above 30% so that alone proves that it still has the full support of the people.

Last year alone proves that it will never die specially when we peaked at around $19K, maybe we are down right now, but not out by a long shot. And there are anti-bitcoin all over, but it is so resilient with such attacks. Short term it can have negative impact on the price, but rest assured that in the long run, bitcoin will grow exponentially.
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February 24, 2018, 09:19:07 PM
 #18

Bitcoin's death means all the crypto world is dead..Bitcoin will not die certainly. .He has managed to be at this level despite a lot of speculation right now..Bitcoin will rise again.
John Langut
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February 24, 2018, 09:31:21 PM
 #19

What you're seeing is people selling Bitcoin because of the uncertainty in the next days. On Monday there's a discussion about the regulation of virtual currencies in Europe. And in March there's the G20 in Argentina talking about global crypto regulation.   
People are always afraid of the unknown, most of them maybe lack of experience, dropping of price may occur if everyone sell their bitcoin because of those fear with the unknown outcome from some other issue behind the line of crypto currency. I think we only net to set and wait for the next update we don't have to sell quickly maybe we are contributing such huge dump if we do selling this time.

I don't think it's a lack of experience, more like the opposite.

"Rule No.1: Never lose money.

Rule No. 2: Don't forget rule No.1".

- Warren Buffet

Kind of vague, but the gist is you shouldn't focus on the potential upside but on the potential downside. Now we have some very big events coming up that can rock the Bitcoin boat. The smartest thing to do is to get out of the market to avoid the gamble.
darkangel11
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February 24, 2018, 09:49:13 PM
 #20

Come on people a small decrease in price and you're already starting with those threads. There's a lot of newcomers here, I get it, but learn from the past, BTC is not going to disappear. I think we're not even going to revisit $6000 this year. If you bought in the last 2 weeks keep holding and you'll thank me later Wink

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