The FALL OF BITCOIN

[angelaurum]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

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[supermine]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

You are right most of the people using bitcoin as an investment not an currency.But the percentage of people using the bitcoin is growing day by day if that once reached 100% then there is no more price rise so at that time only we can have stable price for bitcoin.And the people need to encourage bitcoin as a form of payment of they want the bitcoin to last long or it may fade away in some years.

[CryptoBry]

We have to remember that compared to the fiat money, Bitcoin is actually just young and the way I see it the dust has not yet settled on it and in fact we are just getting started. We have to give Bitcoin and the market more time as the whole process can take a lot of time and years before we can conclude that Bitcoin is a big success or just another failed man-made venture. Unfortunately, no system can ever kill greed...but the blockchain technology can somehow minimize the side-effects of greed. For as long as we are humans and not yet angels, greed will always be a part of us and in all industries (even the religious ones) greed will always be there. As a payment system, that is where things are slow in development but I can see that soon there will be new changes on this aspect as there are really people working hard to test new ideas for Bitcoin. As an investment tool, just like the physical gold, there is nothing wrong with that as we are giving people the choice on what to do with their Bitcoin...this is an open market anyway.

[123exo123]

Bitcoin is not a pump and dump coin, wtf?

It's just that the media FUDs and FOMOs a lot. People are still figuring out how to deal with crypto, so huge companies do drastic things all the time. Like Google Ban, Singapore trade reversals, etc.

We're just in the wild west. No intentional pump and dump.

[djsugar]

Yes, unfortunately that is the truth today. This coin is being heavily manipulated by the big whales and it is sad to see such a tragic fall of over 15% in a single day. I am still very optimistic and hoping it to reach back to the 10k$ level in no time. The news surrounding it also plays the major role in the fall as people start panicking and begin selling their coins.
You should perhaps wait till the month of April to see it recover back to the 10000$ mark.

[paras20]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

It is normal because bitcoin price is like a roller coasters  ride we didn't know all when bitcoin price goes high but just keep believing and work for it

[Pursuer]

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

you either have absolute zero understanding of what you are saying here, or you are simply trolling. in both cases that is not cool.

USDT is one of the shadiest and possibly scammiest altcoins that has ever been created. it is a centralized token which might as well be something like PayPal and never even use the name "cryptocurrency". nobody in the world is even using this token! the only usage that it has is a temporary place where you go to if you want to go to dollar but not use dollar.

[NorrisK]

Bitcoin and the blockchain can be so much more then a currency.

Considering it a shame people don't spend bitcoin on a daily basis is missing the point on a lot of possibilities. Besides, if anything, bitcoins use as a currency has been diminishing with price increasing as transaction fees are too high to sustain regular transactions.

[denny27]

Well of course there are still many people are in selfishness, because the many selfishness of many people can causes a good name bitcoin collapsed helpless.
The people who're put bitcoin on more tended just as an investment., may be related because the country hasn't really legalized bitcoin as the currency which's legitimate, it could be the one of the reasons that bitcoin is in the majority as an investment medium+gambling.

[whoisyourking]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

They do not realize what is the true uses of bitcoin, bitcoin created to become currency to solve the problem in payment system that bank uses, bitcoin supposed to become a global currency and not a currency of some specific person and they are also used bitcoin for greediness and selfishness. sad to say this is reality.   

[Coin12]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

It is normal because bitcoin price is like a roller coasters  ride we didn't know all when bitcoin price goes high but just keep believing and work for it

With this situation, its hard to keep believe into cryptocurrency when we see our asset goes down sharply.
When this is happen and happen again, only the real believer will stand over this situation and i still believe someday bitcoin will rise again.

[Nerman]

It is very sad to say that a technology like this would come to a big tragedy
Bitcoin has the potential to be great but it has become a weapon of Greed

The real use of bitcoin as a payment system is just a fantasy
But what happens in reality, it is just a pump and dump coin like the rest

The only coin that is using blockchain technology the right way is USDT or Tether
most other coins are just scams and not meant for adaptability

A currency is something that can be used for daily basis rather than just an investment
majority of people who buy bitcoin is just for investment and not used as a payment itself

Never the less
HAIL HYDRA!

They do not realize what is the true uses of bitcoin, bitcoin created to become currency to solve the problem in payment system that bank uses, bitcoin supposed to become a global currency and not a currency of some specific person and they are also used bitcoin for greediness and selfishness. sad to say this is reality.  

Actually most people who has bitcoin knows that it is created to become a payment system. The problem right now is its not yet widely accepted in the whole world. Also volatility is really crazy that for vendors accepting it will be risky. This is as of now bitcoin is still considered an asset and not a currency.

[heureca]

Yeah, I agree that people need stability of prices. For ex., someone exchanged 100$ for BTC and in 1-2 weeks it
will be 50$ in BTC value. This looks improper for reliable asset. Earlier BTC pump and dumps could be also effected by new investors due BTC popularity. At present it looks like speculations only

[Dr.Osh]

Yeah, I agree that people need stability of prices. For ex., someone exchanged 100$ for BTC and in 1-2 weeks it
will be 50$ in BTC value. This looks improper for reliable asset. Earlier BTC pump and dumps could be also effected by new investors due BTC popularity. At present it looks like speculations only

I think this month's bitcoin price drop is due to the issue that google refuses to advertise crypto again on their ads. So, many people sell their assets. this is the same as facebook ads yesterday.

[clvchb]

Yeah, I agree that people need stability of prices. For ex., someone exchanged 100$ for BTC and in 1-2 weeks it
will be 50$ in BTC value. This looks improper for reliable asset. Earlier BTC pump and dumps could be also effected by new investors due BTC popularity. At present it looks like speculations only

I think this month's bitcoin price drop is due to the issue that google refuses to advertise crypto again on their ads. So, many people sell their assets. this is the same as facebook ads yesterday.

Bitcoin is so obviously affected by the internet. If no one is willing to buy it, then it is worth a bit of it. No organization or organization will be responsible for the decline of Bitcoin. Once it is short, the result is zero.

[Bdstar]

Yes, unfortunately that is the truth today. This coin is being heavily manipulated by the big whales and it is sad to see such a tragic fall of over 15% in a single day. I am still very optimistic and hoping it to reach back to the 10k$ level in no time. The news surrounding it also plays the major role in the fall as people start panicking and begin selling their coins.
You should perhaps wait till the month of April to see it recover back to the 10000$ mark.

I also agree with you on this issue entirely, Day by day Bitcoin platform is getting stacked and people are becoming afraid of the future of blockchain system. Not only that but also a lot of people are becoming worried about their investment here.
But I have a strong believe that Bitcoin and blockchain system will come back strongly and it will dominate in the future. So we have to keep patience and wait for the future.

[Prodigan786]

Yes bitcoin became just pump and dump coin or it became the asset for holding long term . But coins like Ethereum , NEO , ADA , NEM /XEM having real use cases .Platform value increases based on the successful projects hosted in blockchain technology . Like cryptokitties , Decentrelised exchanges , Lots of airdrops , Most of succesful projects created on ethereum blockchain . So its value invcreasing . Now the right time to invest for NEO also because it will be Next ethereum for sure.

[usechain]

You are the most savvy analyst I have ever seen. You will not blindly bet on Bitcoin, nor will you hate the rumors of Bitcoin and Bitcoin propaganda. You are right. Bitcoin is more of an investment. Not a currency used daily.

[qiwoman2]

The good Bitcoin has done is given us a new type of technology in which to run businesses and public sector operations in a much less corrupt way and also relieves us of the middlemen in many cases. I think just for this fact alone, we should be really grateful. Some people have been lucky enough to get rich by this BITCOIN store of wealth and some are able to scrape a living out of it. I think whatever it has had as an impact, it has been fairly positive and I hope we will see more good news in the future. Now the market is very down and suppressed so many of us have incurred huge losses, but the tide might one day turn for the better, who knows.

[money1122]

no Normal price bitcocin  Daily moving 500 to 1000$