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Author Topic: Why all people moan about the price of bitcoin?  (Read 28901 times)
zhelis74
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October 29, 2018, 02:42:20 AM
 #801

Well for me, just like any other investors investing in stock market, if you have put in a big amount of money onto certain stocks, big movement whether gain or lose, greatly affects the investors. Cryptocurrency is just like any other stocks out there. People  moan about the price because maybe for the longest time, they have been waiting for another bull run and it never happened. They were expecting that this year will just be like the previous year of 2017 wherein BTC hit an all time high. Now, people expect it to be the same this year, and it never happened, not a trace. You really can emphatize wth these people. we all depend on BTC's value now.
one thing that makes a person moaning about the price of bitcoin is when have buy bitcoin which was higher value before it drop, like those people who have buy at 9000$ of bitcoin's value then waiting the current value to make it profitable is pretty unsure, so it is surely  frustrated unless they have a virtue of patience.

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October 29, 2018, 06:59:26 AM
 #802

Because the price of bitcoin is down, many people are confused about the price of bitcoin. The price of bitcoin has dropped, making bitcoin holders confused, what they have to do with bitcoin they hold and they are confused about holding or selling the bitcoin they hold.

Man, many people simply want to return the situation of December 2017- January 2018 when Bitcoin price was extremely high. They think that BTC must constantly grow.
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October 30, 2018, 05:03:42 PM
 #803

because they went to bitcoin for quick money and can not understand that they are among those people who learn about the superpowers late
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October 30, 2018, 06:17:58 PM
 #804

The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms  a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:

2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+


Most topics with people moaning about the price of btc were created in 2018 after the big bull run has already ended and investors who were late could not take advantage of rapidly growing value of bitcoin. Of course it is tempting to buy btc at $6,500 and sell it at $16,500 - that's actually why people are so eager for btc (and other alts) to break t least the current price floor and skyrocket to $20k again.

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October 30, 2018, 06:30:26 PM
 #805

People want to make more money fastly, usually that's why they keep complaining about Bitcoin's low price. Also, there are thousands of people bought Bitcoin in the summer of 2017, when the price was around $20k, so they found themselves forced to hold until the price goes up again highly.
Well to be honest with you, I'm pretty sure all of those "investors" are out of the market already as most of the people who were buying at those prices didn't know what they were doing and didn't know the size of the pump that bitcoin was in. Consequently they exited the market in a loss when btc hit 12-15k per coin. Right now I don't think that most of the people are crying about the price being low as it is not low and we're still in good shape. The only reason to cry about the price is that it literally does nothing and is really boring.

 
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November 02, 2018, 06:52:45 AM
 #806

I think this is because people are waiting for something special from Bitcoin. People hope that they will buy a coin and in a few days it will fly to heaven and make them rich, but this does not happen in 1 or 2 days.
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November 02, 2018, 07:02:09 AM
 #807

I think this is because people are waiting for something special from Bitcoin. People hope that they will buy a coin and in a few days it will fly to heaven and make them rich, but this does not happen in 1 or 2 days.
they just imagine the nice thing from cryptocurrency market, but forget about risk involved on it.did not prepare their self usefull knowledge and skill become most popular mistakes.

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November 05, 2018, 02:32:43 PM
 #808

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November 05, 2018, 02:58:18 PM
 #809

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Because Bitcoin is so much valuable so if everytime its value goes down then people will react to it, same as when its value goes up. Beside Bitcoin is the most popular coin so whenever its price change many people are affected maybe because they holding more Bitcoin. Also people react in Bitcoin price because they shock the higher price of it.
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November 05, 2018, 03:02:38 PM
 #810

I think that we should be happy with Bitcoin price, because we have chance to accumulate more for low prices.
When everybody talking about Bitcoin and price is high, then is bad time for accumulation, right now only smartest people are interested into crypto.
Price could go lower from here, but that risk is nothing compared to potential reward.

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November 05, 2018, 06:11:25 PM
 #811

Bitcoin prices are currently making a panic if comparing the price of bitcoin with 2017, be patient and keep holding bitcoin, because bitcoin can still jump high. Bitcoin is unstable and normal if the price falls, but in the future bitcoin will be able to rise.

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November 05, 2018, 06:38:19 PM
 #812

People will always be people.
They dont want to see nor accept the inflation in the commodities.
But also they dont like seeing bitcoin stable nor falling.
people are always greedy and wants to see getting better only.

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November 06, 2018, 11:50:14 AM
 #813

Bitcoin has come a long way and this is never the time to give up on this amazing cryptocurrency. The future of the world and its finances lies in bitcoin and the other cryptocurrencies. I believe in the rise and fall of commodities, thus bitcoin can always rise whenever it falls so am never disturbed.
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November 06, 2018, 01:08:21 PM
 #814

I think that we should be happy with Bitcoin price, because we have chance to accumulate more for low prices.
When everybody talking about Bitcoin and price is high, then is bad time for accumulation, right now only smartest people are interested into crypto.
Price could go lower from here, but that risk is nothing compared to potential reward.
- I do not think so, although now we can continue to accumulate bitcoin at very cheap prices but I do not believe that people still have enough confidence with bitcoin because the value of bitcoin has gone down from a very high level, nothing can be sure that it will recover and not continue down the deeper level, the smartest people will not try to be risky in this situation regardless of the profit is bigger than ever. In addition, the money of most people was stuck when the storm came, they could only hold on and wait, instead of accumulating more


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November 07, 2018, 04:38:27 AM
 #815

The forum is full of topics - “When Will Bitcoin Be Back To $...”, “Why BTC is under $...?”, “Final bottom at $...”, “Why BTC is down again?”, “Bitcoin will rise again ?” etc. The last two topics may appear in various forms  a dozen times a day.
I looked at graph price of BTC out of curiosity. I have noted to the price floor:

2015 - $200+
2016 - $300+
2017 - $700+
2018 - $5000+


Do you see something frightening in it?

We all can see that price drops because of actions by a Governments and big whales. Because they have the means and opportunities. They want to break into the our market on advantageous terms for them. Okay, well, I mean, that makes sense. We knew it would happen. But why that have to affect us?

In December 2017, the most people said - "Why I didn't buy BTC for $500… for $1000… f#ck it!.. for $2000...", "I will definitely buy BTC if it costs $7k-6k!..". But now when the price drops so well for us, we see "The demand for BTC is dropping". Seriously?!

So, instead to take advantage of the situation, buy up coins and altcoins, attract new people in crypto world more active than before, a lot of people stuck in indecision and think whether crypto market falls to the bottom and stays there.

Guys, are you serious? Crypto world is made by us. Governments and big whales haven’t any tricks to rule our world. It will happen only if we do nothing.

What do you think about it?

you're right, when the price of bitcoin is high, people regret not buying bitcoin when it's cheap. while people are sorry and disappointed when the price of bitcoin has decreased. whereas it's better if we take advantage of the current situation by buying bitcoin and holding it back until the bitcoin price returns high.

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November 07, 2018, 05:00:14 AM
 #816

because this year bitcoin continues to decline at this time the price of bitcoin is only $ 6500 while in 2017 yesterday $ 20,000 of course this will make many people complain. because they bought bitcoin at a high price and they were disappointed that bitoin didn't go up instead it went down. and I think that's a natural thing.
then the decline that occurred at this time was not only because of the government and the big whale. but also the news of the ban on bitcoin and cryptocurrency on Facebook and Twitter made the market even worse.

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November 07, 2018, 06:17:52 AM
 #817

they complain because maybe they start investing at high prices and when prices fall they complain of panic and fear of possible losses before they start not knowing the risks that will be obtained in investing with crypto currencies
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November 08, 2018, 07:40:12 AM
 #818

In fact, many people are losing money this year. It is normal to complain that Bitcoin is normal. It is important to know that the decline in bitcoin will cause a lot of losses for the altcoin investors. But the market is cyclical, which is unavoidable. Investors should be able to correctly analyze the market situation.

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November 08, 2018, 07:59:14 AM
 #819

Bitcoin has come a long way and this is never the time to give up on this amazing cryptocurrency. The future of the world and its finances lies in bitcoin and the other cryptocurrencies. I believe in the rise and fall of commodities, thus bitcoin can always rise whenever it falls so am never disturbed.
Bitcoin prices have recorded phenomenal figures of USD 19,340 in December 2017, so bitcoin is a target of speculators who expect big profits in a short time. It turned out that after that prices actually declined, until now in the range of USD 6,400. Many bitcoin users complain about current prices, even though this is a correction of bitcoin prices that have surged unstable.
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November 08, 2018, 11:21:44 AM
 #820

I guess people only complain due to the price they invested or bought their bitcoins at, What would you expect from a person who bought Bitcoin at the rate $17,000 to do when bitcoin is currently around ~ $6,400 ? be happy? I think it is only natural for people to complain and nag.

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