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Author Topic: The FALL OF BITCOIN  (Read 322325 times)
Ngewex Yuk
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August 15, 2018, 04:33:33 AM
 #681

I think the fall of bitcoin is a normal thing, as we know that bitcoin uses the concept of decentralization so that rising and falling prices are natural and normal, the most important thing is that we can get big profits when investing in bitcoin.

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August 15, 2018, 04:47:33 AM
 #682

for now the price of bitcoin fell because of bad news that made the price of bitcoin fall and this is very terrible bitcoin technologists are still not widely accepted for some countries.
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August 15, 2018, 04:48:36 AM
 #683

it seems right what you say, now BTC is not used as a means of payment, but is used as a means of making money
where there are parties who take advantage by making purchases at low prices, and selling them at high prices

Golftech
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August 15, 2018, 04:54:50 AM
 #684

Bitcoin prices that dropped this week certainly worried many investors, it seems that the events of last year that rose fantastically were difficult to repeat so I chose to wait for the right time to buy again, hopefully prices will skyrocket soon.
Those who've been moved and sell out to panic are regretting right now, as we seen that Bitcoin bounce back to 6k$ level once more,it's really better to hold and wait than keep tracking the movements and losses your investment, there's really a lots of struggled but having a mentality to be more patience and keep your investment in a less risk is  far better.
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August 15, 2018, 04:55:16 AM
 #685

Don’t be over exaggerated, the value of bitcoin is still high. It is only the characteristic of a currency to fall down after an exploding growth. Wait few months, bitcoin will be back at it again.
Sate Jamu
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August 15, 2018, 04:59:22 AM
 #686

It has been more than 6 months for bitcoin prices to be under $ 10,000, of course this is a concern with the future of bitcoin, but I am sure that the price of bitcoin will be recovered so we can see an increase like last year.

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jeffryluna
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August 15, 2018, 06:01:50 AM
 #687

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!

The more society adapts to use bitcoin as a payment module-- the more people will use it for everyday use. The only way bitcoin could be in the level we want it to be is if and when financial instutions finally adapts to blockchain and accepts bitcoin deposits and so are the rest of the altcoins that passes the standards. I can't see it happening anytime soon but it will. soon enough the greed that revolves around the tech will deminish and hopefully it's because the society already adapted, and not because the fiasco is now all over.
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August 15, 2018, 06:09:52 AM
 #688

the decline in bitcoin prices this month has made everyone worried, but this is the bitcoin journey, like in previous years, and surely the price will recover soon ..
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August 15, 2018, 06:15:42 AM
 #689

it would be better to say to stumble instead of fall. After a long time, there is a movement going on. it is best to start the bull run after a long wait.
Zaibraid
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August 15, 2018, 06:32:37 AM
 #690

I think that the fall of bitcoin is because bitcoin cannot technologically compete with younger crypto currency coins. Bitcoin is superior now only because of its popularity. Bitcoin has increasingly lost public trust so that bitcoin is getting worse. Which makes bitcoin increasingly fall because bitcoin does not immediately make improvements to compensate for other crypto currency technologies. Bitcoin does not immediately create innovation so bitcoin increasingly lacks passion.

FrankWagner631
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August 15, 2018, 06:51:41 AM
 #691

I can not understand why the value of bitcoin goes down dramatically. Perhaps, this is just a step backward to prepare for its next uptrend in the last few months of 2018. According to McNamee's calculations, if in 2018, Bitcoin continues to maintain its momentum as in 2017. This currency will not collapse. Even so, one can not stop it from becoming a legitimate currency. McNamee believes that Bitcoin is now being inflated. However, if it does not fall in 2018, it will have enough of the elements to become stable and unstoppable.
richman3451
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August 15, 2018, 07:07:47 AM
 #692

I think that the drop of bitcoin is caused artificially since big uncles invest and continue to pour their finances into the currency. The growth is not avoided. Do not panic. I do not think that business tycoons would invest their money if there were big risks
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August 17, 2018, 09:44:26 PM
 #693

bitcoin has not fallen. yes the price is down alot which is as a result of panic from sellers. but we sure will see bitcoin bounce back soon and even stronger. bitcoin has come to stay

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CatchSomeAirdrops1
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August 18, 2018, 02:44:38 AM
 #694

Bitcoin continues to decline and is now showing around €5750 on the main trading platforms.
Some attribute this decrease to piracy, yesterday, of the South Korean platform Coinrail, an explanation that does not convince everyone.
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August 18, 2018, 02:51:36 AM
 #695

You are very right, it has become something else in the hand of those who can not create solution to human race problem but to create problem for those that believe in the technology and the cryptocurrency for always loss money and them gaining with their greed by manipulating the market and enriching themselves. So pathetic that people are not using this technology for what its meant to be use for .
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August 19, 2018, 12:13:27 PM
 #696

You can't blame them because investment is one of the best offer that bitcoin can give aside from using it as a payment. Besides it is still use as a payment although majority of the people saw the potential of bitcoin as an investment. Just be glad that Bitcoin is here to stay and enjoy its profit.
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August 19, 2018, 12:39:44 PM
 #697

indeed we have moved a little from the very first idea of bitcoin and it has become a means for accumulation and not a means of settlement as originally conceived

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korean1999
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August 19, 2018, 12:48:07 PM
Merited by abstractednerve (10)
 #698

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 made some points there, back in the day when bitcoin had started a way of making fast profit, the coin was already in some really bad people. All they want were manipulate the market and twist bitcoin until it's completely dried and then dump it. Although i still see the possibilities of this coin, i think all we have to do is stay positive and don't let anything to make you doubt.

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August 19, 2018, 12:55:18 PM
 #699

Bitcoin become weapon of greed because bitcoin prices keep changing make it hard to use it for payment method like other currency. I don't think people who hold their bitcoin to get profit from it is wrong.
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August 19, 2018, 01:30:50 PM
 #700

With the current bitcoin situation, their value drops to about $ 7,000 due to the impact of pre-coding regulations. And Bitcoin prices are slowly recovering Bitcoin's volatility has given investors huge returns over the past few months.
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