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Author Topic: Why all people moan about the price of bitcoin?  (Read 28901 times)
Ultegra134
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January 02, 2022, 10:26:17 PM
 #1041

If people complain about the price of bitcoin, then they are interested in its price and are its holders. Basically, people buy bitcoin, so that later it is profitable and more expensive to resell. Of course, after we witnessed a rise in the price of bitcoin at the end of 2017, many people want to see a sharp increase in its price again. Now the cryptocurrency market is practically without movement. Yes, the impatient will now be nervous and indignant.
I think they are basically complaining because the BTC market for December expected it to reach $ 100k or $ 150k according to many experts even on Wall Street, but since the opposite has happened, many who put themselves in Long lost their position or simply liquidated their positions , especially those that were highly leveraged.

If we take the news into account, this is what happens, when many believe that an event will happen, if it will happen but exactly the opposite, this is normal, it is a trap of the whales to be able to earn more money, for this reason if the mass believe one thing will happen the opposite, it is not surprising that for January or February the movement that everyone expected for December could occur.

Experts? I don't take any so-called experts into account, neither do I for such predictions. It's not a weather forecast, you can't exactly expect Bitcoin to reach $100.000, within such a small timeframe and then be disappointed if it doesn't. Generally, predictions aren't accurate, that's why I'm not following them, I don't see much point. I'm used to such price volatility, and I've learned not to be too bothered by it.

R


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January 03, 2022, 11:10:59 AM
 #1042

With any price movement of bitcoin, significant rise or fall, people will always be unhappy with its price. Some, as always, will not have time to buy at its low price and will be unhappy with its price growth, others will always expect it to grow even more than it reaches. This is a normal natural process and here, as always, you need to act wisely.

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January 04, 2022, 10:01:32 PM
 #1043

Love to bring this necro-topic back to life  Grin but however, it is so cyclical in its value that seems like it needs to tbh. People are always moaning about the price of bitcoin. If it is too high, then they moan because the wish they had bought more and if it is low they moan because their holdings have gone down in value. In the end, they simply have to learn that there is not need for moaning, just for Hodling.

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January 04, 2022, 10:59:51 PM
 #1044

Love to bring this necro-topic back to life  Grin but however, it is so cyclical in its value that seems like it needs to tbh. People are always moaning about the price of bitcoin. If it is too high, then they moan because the wish they had bought more and if it is low they moan because their holdings have gone down in value. In the end, they simply have to learn that there is not need for moaning, just for Hodling.
In traders mind.

When high - they moan that they havent able to buy on the dip or waiting  for some dump
When low - they moan because they are expecting for the price on going new ATH's.

Human beings does have this common nature on wherever kind of situation we are facing on then these reactions
would come next.

R


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dataispower
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January 05, 2022, 07:49:03 AM
 #1045

With any price movement of bitcoin, significant rise or fall, people will always be unhappy with its price. Some, as always, will not have time to buy at its low price and will be unhappy with its price growth, others will always expect it to grow even more than it reaches. This is a normal natural process and here, as always, you need to act wisely.
You know very well human don't have to satisfy in all forms, as you say. when price of bitcoin goes up it requires explanation to people and when it goes down it demands for explanation also, so at this point no bidy can tell exactly when comfort zone will come in bitcoin, i just like the movement of bitcoin but the only challenges I'm having is that cryptocurrency doesn't have a suitable price or regulations of particular price we can say this is the point of bitcoin this year, if you have surplus coins you invest on, if bitcoin falls you will have pains and become unhappy but if it rises you will not become unhappy because you are making profit
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January 05, 2022, 10:28:31 AM
 #1046

they should be patient when BTC price conditions are down. because we know they will all make a profit. like at the beginning of this year I'm sure everything will be fine.
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January 05, 2022, 10:57:32 AM
 #1047

This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy While Bitcoin is rising it is very quiet here with new posts.
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January 06, 2022, 02:03:29 PM
Last edit: January 06, 2022, 02:51:47 PM by Blue0x.com
 #1048

The #1 problem with crypto right now is the importance that people put on the price of a said crypto compared to fiat currency.  Its the exact opposite of what Satoshi wanted.  When the fiats start to fail, who is going to care what the 'price' is.  When fiat is worth more as toiletpaper than as a currency, what happens to crypto then?
Look at Weimar Germany, Zimbabwe, and Venezuela.  The streets were lined with paper currency and citizens wouldnt even be bothered to pick it up.  Crypto needs to fulfill a real use case and bring utility to finance.  This "to the moon" b.s. needs to go away.
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January 22, 2022, 02:56:00 PM
 #1049

This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy While Bitcoin is rising it is very quiet here with new posts.
Yes, the price of bitcoin has fallen again: after reaching a peak of $69,000, today we see its price of $35,586. Fall almost half. Therefore, this thread will probably be looked at more often. Earlier it was predicted that bitcoin could fall in price to $33,000. It seems that this prediction is justified. The cycle repeats itself: weak hands will leave the market with big losses, after which we will probably again see a stronger cryptocurrency price increase. The only question is how long will this bearish period last?

Ultegra134
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January 22, 2022, 06:01:35 PM
 #1050

This thread is now 3.5 years old and it was written when Bitcoin was in the bear market and interestingly enough it is always re-published when Bitcoin is in the bear market again Cheesy While Bitcoin is rising it is very quiet here with new posts.
Yes, the price of bitcoin has fallen again: after reaching a peak of $69,000, today we see its price of $35,586. Fall almost half. Therefore, this thread will probably be looked at more often. Earlier it was predicted that bitcoin could fall in price to $33,000. It seems that this prediction is justified. The cycle repeats itself: weak hands will leave the market with big losses, after which we will probably again see a stronger cryptocurrency price increase. The only question is how long will this bearish period last?
Well, Bitcoin has lost more than 50% of its value, from the previous ATH of $70.000, leading into billions of losses. Certainly, it's concerning, while the downtrend is still continuing without much resistance. I strongly believe that it's bound to crash even further in the upcoming days. We're definitely going to face some dark days, for quite a long time. I'm quite disappointed, but trying to keep my cool.

In the meantime, I'll see if there are any decent opportunities in staking.

R


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