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Author Topic: This dump will scare a lot of people away from Crypto!  (Read 833 times)
nani culi
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May 14, 2018, 10:25:22 AM
 #61

This does not negate the fact that prices do fall often and you can lose money. Therefore, television does not do anything meaningful
fulmetal08larz
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May 14, 2018, 11:15:37 AM
 #62

These newbies in cryptoverse should've known the risks involved in investing before they put their funds in. The mistakes that they've done by panic selling or being scared because of the dump is the best lesson they can learn. The volatility of crypto market is very evident and investing during high times could really make things worse for them in a short period of time but for long term, they have nothing to fear if they really believe about the potential of crypto currencies to revolutionize the system in the future.
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May 14, 2018, 11:19:42 AM
 #63

The strongest survive. These are the problems of newcomers who are chasing "to the moon". such are in any sphere. And the stronger the growth, the more such people
loyaeskiron
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May 14, 2018, 11:25:49 AM
 #64

Even prices of all cryptocurrencies will down, it doesn't mean that it will cause negative impact to all users, although there are some people worried when price down, but it is also a big opportunity to all investors to invest when price going down, because they knows that the price will back again to the higher level.
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May 14, 2018, 11:30:03 AM
 #65

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

Yes the dump Will scare business men away from crypto but not investors. Business men that are looking for fast profit will run away but investors who see the crypto as future will buy more in this dip.
Boxxl
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May 14, 2018, 11:32:06 AM
 #66

I didn’t scare you away..
People need to understand what blockchain is.
We are at the start of something big.

When BTC is 20.000 again people will buy it  Smiley

No Signature right now...
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May 14, 2018, 11:46:27 AM
 #67

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!

The dump is not that much compared to what we had some months back. If you can't afford to see a deep of more than 50% in your portfolio, then you better stay off cryptocurrency.
bitcoinmaniac52
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May 14, 2018, 12:11:09 PM
 #68

That is the thing about bitcoin and cryptos and that is the reason that so many people refuse to invest in it. It is way too volatile. And while a lot of people including myself appreciate a bit of volatility in an asset, there is just no telling what is happening in bitcoin. One day you are seeing a good recovery uptrend and the next day you are seeing a $1000 drop in prices. It's too much.



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Jonsnowstark
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May 14, 2018, 12:35:29 PM
 #69

Well, a little dump scares the weak hands. And we dont need weak hands here. They pull down the price even more. A little fud, a little fake news, they panic and sell everything. We need people strong enough to know that this too shall pass. Bitcoin has encountered so many things and at the end of it all, it manages to rise back from every fall. So there's really no need to scramble every little decline in price the market will face.

kangkilokang
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May 14, 2018, 12:40:26 PM
 #70

all traders who have experience will not experience a prolonged panic, fud that only happens temporarily and will experience recovery periodically, you have much to learn for long-term concentration because cryptocurrency is not a business by using ponzi scheme etc, the fundamental effect will affect the fluctuations, and it's natural for us to wait for momentum to see again the reflected price.

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alexberezov
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May 14, 2018, 01:57:22 PM
 #71

All this is done to ensure that large players purchase crypto-currencies "at a discount" and get more profit
supremo666
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May 14, 2018, 02:09:29 PM
 #72

Some of people say "Man I hope it bounces back sooner rather than later!
I think this is why I'm holding some others of my token for good . They are always regretting, when they see latest price of their tokens.
Thank you Smiley
Btcwashu
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May 14, 2018, 02:19:45 PM
 #73

Some of people say "Man I hope it bounces back sooner rather than later!
I think this is why I'm holding some others of my token for good . They are always regretting, when they see latest price of their tokens.
Thank you Smiley

The negative issues coming from the social media and FUD are the reason why bitcoins are rapidly down in terms of prices. In what happened in the bitcoin now are many people are now afraid investing in bitcoin because of the price of the bitcoin goes down and they think that their investment goes nothing. As we can see still the bitcoin price at the stage of the low. Hopefully in the long run it will rise again.
HaXX0R1337
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May 14, 2018, 02:52:20 PM
 #74

The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didn’t see this!
What do you expect from the market, never look and invest for the short term, if you believe in something and you made a decision to invest in it, never be fazed by the short term market situation, hold the coins for the long term and then you will end up in a profit, it is difficult to predict the exact market situation in the short term with all the charts and it will not scare away serious investors.

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coinbergh
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May 14, 2018, 03:00:46 PM
 #75

Maybe a lot of people scare this dump and away from cryptocurrency market but we are still here.

The market can always show a falling tendency, we must be prepared for this. Also they have learn to be patient for getting money in this market. The important thing is understand to blockchain and take action for this purpose.
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May 14, 2018, 03:04:19 PM
 #76

It will not cause increasing or decreasing of price level. Now it's time of big invest funds to join crypto and we should  look at them to predict the market perspectives
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May 14, 2018, 03:05:49 PM
 #77

Strangely enough, but true. Any bad news, whether real or fictitious, is bad for the market. And at the beginning of the year such news was enough.
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May 15, 2018, 05:32:02 AM
 #78

It was much hyped and it badly needed a correction. The market always behaves this way. The huge investors advertise the product after keeping a good stock for themselves and dump it back to new investors. But holding would never let you down. It's been proved for centuries.
There is no way that we can deny this thing that the time of dump is the hardest time to bear and that during that time, most of the people fail to hold their nerves which then result in loss of their money and that because of which, they also get dishearten. On the other hand, this is something which is also helping the investors to buy the crypto coins at much cheaper rates and helps in making lot of profit.
jamesashmore1964 (OP)
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May 16, 2018, 08:01:41 AM
 #79

BTC might go below 8K: Opinion
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May 16, 2018, 08:34:17 AM
 #80

People interested in crypto will do research on the history of cryptocurrency or bitcoin in the past, and probably will not be afraid of the current situation. But people who are anti-crypto will say, look! what i said. And people like us, will take the opportunity to buy more.
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