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Author Topic: The FALL OF BITCOIN  (Read 322325 times)
sakokinak
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May 30, 2018, 12:49:08 PM
 #141

I think this month bitcoin price will drop.The problem right now is its not yet widely accepted in the whole world.

The fall of Bitcoin (I mean the latest events that happened in winter, 2018, January-February) will be not repeated. I am waiting for the growth of BTC.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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taranbam
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May 30, 2018, 12:53:12 PM
 #142

Here I agree with the author, bitcoin was not conceived as an object of investment, but as a new means of payment - a currency. And what happens in the global market is just the greed of people who cash in on the swings trading bitcoin. With this approach, nothing will change, hayp bitkoinu soon eonchitsya and it will simply forget if everything goes on
nmax21
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May 30, 2018, 01:54:33 PM
 #143


Yes, now bitcoin is primarily an investment. But regulators have entered the market, and such volatility will not exist as before. More and more shops appear that take bitcoin as payment.

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May 30, 2018, 06:50:21 PM
 #144

Every thing has uses and abuses its fully depend on us, it is really our fault.
thameera88
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May 30, 2018, 06:53:06 PM
 #145

Bitcoin won't fall since the world depends on the new technology, the crypto currency.
ClintonJ
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May 31, 2018, 06:04:42 AM
 #146

Ups and down is a very normal thing in every business, if you consider bitcoin as a business then you must accept it.
Flexystar
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May 31, 2018, 06:21:30 AM
 #147

Unfortunately its the human greed who has made the bitcoin in that way. I mean the first Satoshi vision was to have the secure and decentralised payment system and thats why they formed the blokchain and then Bitcoin as medium to perform the rest of the tasks. However everything collapsed when people saw that they can actually make the money out of it. Now is the time where bitcoin is mostly looked as the investment opportunity, a way to trade, hold, gamble except the currency.  We are helpless in that one Roll Eyes
maydna
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May 31, 2018, 11:25:09 AM
 #148

Unfortunately its the human greed who has made the bitcoin in that way. I mean the first Satoshi vision was to have the secure and decentralised payment system and thats why they formed the blokchain and then Bitcoin as medium to perform the rest of the tasks. However everything collapsed when people saw that they can actually make the money out of it. Now is the time where bitcoin is mostly looked as the investment opportunity, a way to trade, hold, gamble except the currency.  We are helpless in that one Roll Eyes

I believe that Satoshi has a good vision with the crypto, especially with bitcoin because he doesn't want the financial for every people is control by the government. so he starts the projects that will help people to maintain their own financial without any interfere from the third party and only people that will know about their finances. I think bitcoin only fall if people don't care about bitcoin again and they abandon bitcoin without giving a support but now, I guess people will give the support for bitcoin and the crypto because they see the potential of the crypto that will grow in the future and people see that they have another chance to have another source income.
Ankhesenamun
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May 31, 2018, 11:27:20 AM
 #149

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!
Yes. now bitcoin is in a strong decline, but I think he will overcome all obstacles, and still find himself and rise up well, and then we will again learn bitcoin in the cryptocurrency market.
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May 31, 2018, 12:19:28 PM
 #150

Currently the price of bitcoin is falling because of bad news about bitcoin. All will return to normal and bitcoin even in the future will be better, but it takes time.
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May 31, 2018, 12:23:44 PM
 #151

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!

Yep u right dude about everything, even the USDT or Tether and only some know it
wisdomcn
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May 31, 2018, 12:29:58 PM
 #152

You are very right on this statement, I trust that over 90 percent of those who have bitcoin have really converted it to investment not longer as a means of payment. I believe this have added to the reason why the price are been struggling to move up ward. 
rightway00372018
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May 31, 2018, 12:50:17 PM
 #153

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!

I believe the fall of bitcoin is just a temporary and should not be consider as tragedy because volatility and price fluctuation is one of bitcoins characteristics and even with a dropping price but still some people are buying and holding it for long term.
jason meneses
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May 31, 2018, 12:56:40 PM
 #154

It's sad to say the technology would come to this..  But that is human made that why they have a solution or way to get that and how to steal..  Bitcoin is loosing because of the loosing envistor and other but just wait until it back..  Because they are preparing for pump again that's the play of bitcoin
jaaeeeyyyy
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May 31, 2018, 01:03:02 PM
 #155

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 sounds funny how you constructively describe the bitcoin with pump and dump which is a fact and natural event on the digital world. You are complaining that bitcoin do fluctuates ? that is because people are using it, simply they spend bitcoin ( sell in the market, buy goods or products etc.) Maybe you're imagining things in the far future where there are ATMs and machine reading and accepting bitcoin payment.
taksrkanah
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May 31, 2018, 01:31:33 PM
 #156

This is not the first time bitcoin prices have fallen and I think this is still normal. I assume your post is no more like an altcoin ad. You advise us to buy coins that you consider safe. when in fact, your coin is no better than bitcoin.
t39
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May 31, 2018, 02:01:13 PM
 #157

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.
Lhaine
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May 31, 2018, 02:58:48 PM
 #158

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.

Yeah if some one sell her bitcoin in big amount there is a possibility that bitcoin price will down that's exactly what happened everytime that bitcoin price decrease .
gabmen
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May 31, 2018, 03:29:08 PM
 #159

The price of a bitcoin drop depends on its sale. For example, if one person decides to sell ten bitcoins, the rate will fall low enough, and if he decides to buy them, the rate will increase. Also, the price depends on the news.

Yeah if some one sell her bitcoin in big amount there is a possibility that bitcoin price will down that's exactly what happened everytime that bitcoin price decrease .

And that's what's been happening all these time. People buy and sell.depending on what influences their decisions. It could be an fud, or a good announcement. Or whales exercising their capability of affecting the price. Bitcoin has fallen everytime and everytime it also recovers.

 
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saifanik
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May 31, 2018, 03:46:32 PM
 #160

It is a matter of great regret that no.1 crypto is constantly falling.It's position now facing treats.That is not expected by users. This situation should control by the authority of btc before it's too late and wish everything will be super ok.

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