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Question: Do you think bitcoin will surpass all time highs
Yes - 73 (94.8%)
No - 4 (5.2%)
Total Voters: 77

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Author Topic: Bitcoin will be fine  (Read 1053 times)
Simon Eaton (OP)
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March 09, 2018, 08:01:44 PM
 #1

There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.
coinycoiny
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March 09, 2018, 08:05:10 PM
 #2

That's right guys, but your tulips now.
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March 09, 2018, 08:11:36 PM
 #3

This uncertainty has a reason that is different from what we're used to. The price drop is not caused by regular pump and dump, what can be overcome. This is really serious. Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

gantez
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March 09, 2018, 08:36:42 PM
 #4

Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

If your position comes to be ascertained. I believe everything will come back to normal whether regulation or not. People who are withdrawing there bitcoin investment would come back and invest. Bitcoin can only go down when blockchain is no longer relevant to crypto currency and wallet codification.

darkangel11
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March 09, 2018, 08:56:49 PM
 #5

Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

And how do you know what will happen? How do you know what investors are thinking. I'm sure you aren't a serious investor, but a simple spammer.
It's scary to people like you who don't understand normal price movements and are blaming the higher powers for everything. Your every post is the same mantra of moronic fear mongering. "they will centralize us, doom and gloom! Cry" Take a chill pill.
rafyq144576
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March 09, 2018, 08:57:32 PM
 #6

Yes, I think that Bitcoin will surpass all the high levels despite this turmoil in the currency market.
Do not forget that Bitcoin had known such a disturbance in previous years and yet he returned strongly and exceeded all expectations.
People must take advantage of this opportunity to buy and store.
Jay Jay crypto
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March 09, 2018, 09:06:59 PM
 #7

bitcoin is a digital currency that has no central bank or regulatory authority backing it up.
Then again Bitcoin is hardly the only volatile commodity out there; copper, coffee, orange juice, fine wines, classic cars, property, silver, gold – they all get traded and they all have, at any given short term horizon.
beskid
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March 09, 2018, 09:10:50 PM
 #8

Bitcoin is deliberately lowered so that large players can enter properly.  With a high degree of probability, the fall will continue to 6k.  Negative news on crypto currencies may again appear, such as breaking the Binance exchange, which is not true.  The fall can reach up to 5k or even 3k.
smyslov
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March 09, 2018, 09:16:59 PM
 #9

It's like a dejavu again only a month ago the same scenario exists I wonder will people will make another round of profit again I bought some again because this is another good round to make a profit that is if you still have the confidence that Bitcoin will be back again bouncing and will be in a bullish period again.
FrueGreads
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March 09, 2018, 09:22:10 PM
 #10

There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.

It's hard to believe that this is related with news, fud, regulation or even futures market. All these things are appointed as some of the reasons behind this correction or crash or dump, or whatever people are calling it. I used to believe that it was a mixed of all those things but I'm not so sure anymore, because these dumps seem completely "random". There are rumors that this is related to the coins stolen from MtGox, and maybe that's true. There are also a lot of news about bitcoins that were apprehended because they were linked to criminal activities. Maybe some of those coins were sold as well. I just don't know now.

It doesn't really matter though, because bitcoin still has a bright future, since it's technical development is improving, so this means that bitcoin is evolving and is going no where.

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Jating
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March 09, 2018, 09:34:49 PM
 #11

This uncertainty has a reason that is different from what we're used to. The price drop is not caused by regular pump and dump, what can be overcome. This is really serious. Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

How did you know that investors are afraid of your speculations? Yes, there are countries that are not friendly to crypto, but there's also on our side. So I will assume that there will be still balance in the cryptoverse and no amount of banning will stop this disruptive technology.

There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.

That's why we should take advantage of this situation. This is really a golden opportunity to purchase bitcoin and stash it in your wallet. Although everybody doesn't want bitcoin to make another price correction, it happened and we all look at the bright side and do take advantage and get it while they are cheap again and hold at least at the end of the year.

Casmania
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March 09, 2018, 10:27:29 PM
 #12

This uncertainty has a reason that is different from what we're used to. The price drop is not caused by regular pump and dump, what can be overcome. This is really serious. Investors are afraid that cryptocurrencies will no longer be decentralized, because of the worldwide regulations that governments will come with very soon. Cryptocurrencies will be taxed and centralized and that is scary to most investors who prefer decentralized currencies.

How did you know that investors are afraid of your speculations? Yes, there are countries that are not friendly to crypto, but there's also on our side. So I will assume that there will be still balance in the cryptoverse and no amount of banning will stop this disruptive technology.

There's allot of uncertainty around bitcoin at the moment but with all of this commotion I think it's important to put this all into perspective. At the time of writing this message we are at $8700. This is 8x what it was a year ago. Another thing to remember is many people never thought they would be lucky enough to see a bitcoin dip that would put bitcoin at these lower prices. I feel lucky enough to have come into the market early enough to buy bitcoin at these extremely cheap prices. I reckon we will look back again at these times and there will be another batch of people kicking themselves for not buying bitcoin.

That's why we should take advantage of this situation. This is really a golden opportunity to purchase bitcoin and stash it in your wallet. Although everybody doesn't want bitcoin to make another price correction, it happened and we all look at the bright side and do take advantage and get it while they are cheap again and hold at least at the end of the year.

Yes, I believe bitcoin will be fine for now, great opportunity to buy bitcoin at a much lesser price and hold your btc for a longer period after sometime.
Based on the previous market history, bitcoin had been to this situation and had again recovered back to it's usual mark back to $11.8K and may continue to progressively move to upward trend.
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March 09, 2018, 10:47:26 PM
 #13

for the time being bitcoin has entrapped newcomers, but bitcoin may also have generated many benefits to investors.
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High fees = low BTC price


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March 09, 2018, 10:52:30 PM
 #14

Quote
Bitcoin will be fine

Let me fix that

Quote
The Titanic is not sinking

Will the poor please remain below decks, it's snowing and we don't want you all catching a cold do we now.


Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
BR0
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March 09, 2018, 10:58:22 PM
 #15

At the time of bitcoin dumping prices will be many people who are hesitant with the decision to be taken, whether to hold, sell or buy. For now I personally will continue to hold and buy some, because the price of crypto will never be stable, so just wait and I'm sure the price will rise again either in the near or long time.
pixie85
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March 09, 2018, 11:01:15 PM
 #16

That's right guys, but your tulips now.

Can you even English?

for the time being bitcoin has entrapped newcomers, but bitcoin may also have generated many benefits to investors.

Only scared newcomers who didn't know what they're getting into and bought high and sold low. If you are too stupid to doo some research before investing you will end up the same way no matter what you put your money into.
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High fees = low BTC price


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March 09, 2018, 11:02:18 PM
 #17

bitcoin is a digital currency that has no central bank or regulatory authority backing it up.

oh dear another one who will swear he didn't know that the Bitcoin lightning network was a system of banking hubs
https://www.youtube.com/watch?v=UYHFrf5ci_g

They told me that smoking was good for you, i didn't know and when they showed me the network map
https://lnmainnet.gaben.win/ I thought it was a map of the stars and didn't see what was coming.

Here is my doctors report for my bad chest after smoking fifty a day https://lightning.network/lightning-network-paper.pdf
and it's got the word "Fees" all over it but I didn't know.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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March 09, 2018, 11:04:56 PM
 #18

Yes I am expecting a huge drop too. BTC is indeed like a tulip. Huge drop for some people is bad.  But for me I am going to spare some fiat now to buy Bitcoin again just incase it drops to 6k or below 6k.

That's right guys, but your tulips now.
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High fees = low BTC price


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March 09, 2018, 11:06:14 PM
 #19

Can you even English?

Spotting one letter out of place and we have a genius now do we.

Quote
If you are too stupid to doo some research before investing you will end up the same way

Can U think might be a better question after trying to correct spelling mistakes so maybe you won't understand this document
https://lightning.network/lightning-network-paper.pdf if you tried to read it.

Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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March 09, 2018, 11:10:50 PM
 #20

We need new money to come into the market. We are stuck in a cycle of selling to buy back in at a lower price. This can’t work if 90% are doing the same thing.  Then we are stuck in this viscous cycle.  How can we attract new investors?

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