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Author Topic: Bitcoin sell Off Continues? Is this the Capitulation for Bitcoin?  (Read 137 times)
Julifernendez (OP)
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March 15, 2018, 03:01:05 PM
 #1

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.


Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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March 15, 2018, 03:06:05 PM
 #2

I don't think this is the end, and I will continue to hold my coins because I believe in the project and in what bitcoin is trying to accomplish. Despite the many "naysayers" out there, bitcoin as potencial and value in it's applications. Most of those that say bitcoin is a bubble, are rich people. It's perfectly normal that rich people don't understand the value of BTC, because the monetary system we have actually serves them well.

Bitcoin could even crash to a few cents, and I'm sure there will be a lot of people around the world that will see that as an opportunity to buy bitcoin, because they believe in it's applications. If bitcoin has use, and people are willing to buy it no matter the price, then bitcoin will never really end.

I'm holding my coins, and buying more when I can.

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fabioganga
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March 15, 2018, 03:07:16 PM
 #3

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.




1) No, I don't think so

2) I don't have the crystal ball to answer, sorry

3) see point 2)

4) see point 2)

5) and last but not least, I am holding because i believe in Bitcoin and its tremendous power to change the way we deal with currencies. Bitcoin has proven to be extremely resilient and to be able to recover. Do not forget to look at the picture in the LONG TERM. Bitcoin in the past six months has proven to be on an uptrend, despite all the volatility and recent drops. Bitcoin is here to stay, that's for sure.
juanichiloco
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March 15, 2018, 03:11:32 PM
 #4

Were still at a 330b MC, if you had said we'd be here now a few months back you would be very happy.

There's a lot of negative sentiment towards the price these days but if you believe in the technology and only invested what you can afford to lose then the short term shouldn't matter.

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Fileiro
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March 15, 2018, 03:22:00 PM
 #5

Yes, this the THE END of Bitcoin!!!

However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.

PM me for details Smiley
littlebill16
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March 15, 2018, 03:59:54 PM
 #6

Yes, this the THE END of Bitcoin!!!

However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.

PM me for details Smiley

I'll take you up on that offer. I have 0.00001 BTC I would like to sell. How will you be transferring me my $50?

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.




It's a capitulation no doubt. It might be finished soon, it might not be, no one knows with certainty, could die could live, will rise again but maybe not ever above 8k, because I'm a believer and I couldn't leave her if I tried.

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First77
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March 15, 2018, 04:10:44 PM
 #7

Yes, this the THE END of Bitcoin!!!However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.PM me for details Smiley

Bitcoin is not used anywhere. What will you do with the Bitcoins you buy for $50 ??

See my "twitter page" for the biggest digital currency used worldwide.
|Bitkoin|
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March 15, 2018, 04:15:57 PM
 #8

If bitcoin breaks the $5k level and stays below that price level for long than expect a full out bear phase. This year could go into a bear year. But if it manages to go up from there than we can expect another bull rally.
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High fees = low BTC price


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March 15, 2018, 04:27:27 PM
 #9

The bankers have taken over Bitcoin and you knew this when fees jumped to $55 per transaction and they can call
the lightning network hubs what ever they like but since they charge both transaction fees and interest on BTC needed to
finance the other side of the private ledgers then I like many other will prefer to call these hubs banks.

Now the name of the game is to run a "Signature Campaign" where you pay trolls to promote the coin as the
bankers that they now call whales head for the door without creating any panic as they continue to sell.

The death will be slow and long and full of bullshit promises like the Lightning Network (Take it off block) so I want to
see promises from these banks that the maximum running costs charged on a Lightning channel will not exceed $5 a month
because I have heard the one about "Virtually free transaction fees" and we know what happened to that one.

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.
Anti-Cen
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High fees = low BTC price


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March 15, 2018, 04:32:20 PM
 #10

Bitcoin could even crash to a few cents, and I'm sure there will be a lot of people around the world that will see that as an opportunity to buy bitcoin, because they believe in it's applications. If bitcoin has use, and people are willing to buy it no matter the price, then bitcoin will never really end.

Did I tell you one one about Tulips or would you prefer to hear the one about Dot-Con

tut tut "Buying on the dip" all the way down from $19k and still singing the same old tune !

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 15, 2018, 04:38:44 PM
 #11

It will be the end of your journey with Bitcoin, if you are going to be negative. I have gone through MANY dumps and I held on

tight to my bitcoins. My hoard increased in value, with over 800% last year... the profits I made then, would cover any dump,

even if it went to ZERO today. I reached my return on investment stage about 2 years ago. So I am in the green now.  Wink

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March 15, 2018, 04:46:11 PM
 #12

Bitcoin dumping continues because those who jumped into Bitcoin only last year are afraid of losing their investment. Some continues to read fake news and believe in fud so they also sell. I don't mind if price of BTC goes down even below $3,000. It would be an opportunity to buy more and wait for 4th quarter for this year when price of BTC usually go up.
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March 16, 2018, 08:51:33 AM
 #13

Yes, this the THE END of Bitcoin!!!

However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.

PM me for details Smiley

I'll take you up on that offer. I have 0.00001 BTC I would like to sell. How will you be transferring me my $50?

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.




It's a capitulation no doubt. It might be finished soon, it might not be, no one knows with certainty, could die could live, will rise again but maybe not ever above 8k, because I'm a believer and I couldn't leave her if I tried.

Read my post again, nice try though!
Fileiro
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March 16, 2018, 08:59:40 AM
 #14

Yes, this the THE END of Bitcoin!!!However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.PM me for details Smiley

Bitcoin is not used anywhere. What will you do with the Bitcoins you buy for $50 ??

See my "twitter page" for the biggest digital currency used worldwide.

What will I do with my bitcoins? Same thing I am doing now:

Use it to store a portion of my wealth outside the control of thieving banks and murderous government looking to finance their latest bombing campaign against some poor kids in a 3rd world country somewhere.

I don't care about tx fees on Bitcoin. Bitcoin is the new and IMPROVED Swiss bank account that no government can shut down or raid at their convenience.

This is extremely valuable to anybody who wants to control their own finances.

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March 16, 2018, 05:49:17 PM
 #15

Yes, this the THE END of Bitcoin!!!

However, because I'm such a great sport, I will graciously offered you 50$ for your remaining bitcoins ( if you have at least one whole bitcoin) so you at least get out of this tragedy with money for a nice farewell dinner.

PM me for details Smiley

I'll take you up on that offer. I have 0.00001 BTC I would like to sell. How will you be transferring me my $50?

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.




It's a capitulation no doubt. It might be finished soon, it might not be, no one knows with certainty, could die could live, will rise again but maybe not ever above 8k, because I'm a believer and I couldn't leave her if I tried.

Read my post again, nice try though!

There was definitely a sneaky edit made to that post  Wink Can't kid a kidder my friend! How about $5 for my 0.00001 BTC. I'll even write you a beautiful little poem to go along with it?

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xiaohao111
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March 16, 2018, 05:52:10 PM
 #16

Is this the Capitulation for Bitcoin?
When do you think BTC sell off will finish?
Will BTC die here?
Will BTC raise again?
Why are you still holding BTC?


Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially, cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled.



I don't think it's going to die, I think it's just a normal adjustment. The price of bitcoin is not stable, so this adjustment is normal for bitcoin, and it will soon recover.
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