Why all people moan about the price of bitcoin?

[redsun114]

Because they misunderstood what bitcoin is. Bitcoin is not a way to make money. Bitcoin was not originally created so you can buy low and sell high and make profit. That so moronic that I can't believe crypto turned out like this. The whole purpose of crypto currency was to destroy fiat currencies and actually make a currency that people use themselves. It did had a price because you need to exchange your dollars to bitcoin to start but it wasn't a day trading commodity.

There is no need of moaning about the price of Bitcoin but the solution is more investment if we invest more and more then the price will activate to increase higher than the present amount and we all will be happy then. The problem is that we sell our coins suddenly and after we see the price goes high which result in decreasing the price again so we do not have to treat it like short term investment.

[GangNamSK]

The reason is that some people believe that Bitcoin is some magical asset which can only go up. So they won't be much surprised if Bitcoin gives 20x returns (like we had in 2017), but when the prices crash by 50% the panicking will set in.

The simple reason is that everyone thinks it's going like 2017. They think it's like the same market trend but fundamentally the market is not a pre-programmed machine. It is created by the whole market, the elements that make up the market manipulation will lead to slow or never rise prices. Human psychology is uncomfortable and few people can calm down by psychology like a gambler.

[hatsoff2btc]

I think it's because bitcoin can always provide a lot of benefits for those using bitcoin, and bitcoin also has a very high demand so the bitcoin movement can be very expensive.

Since the development of this amazing coin, it has been helping people for so long time. People from different backgrounds and stages of life have entered in this fantastic world and are earning money for their own benefit. And like you have said, yes, it is helping people. So many of them have earned so huge from this that they are now living with enhanced life style.

Whenever you go for investing your money in any of the crypto currency especially when it comes to that of bitcoin, then it is none other than that of the market value of bitcoin which attracts the investors the most and that this is something which then helps them in making of profit as the rise in the market value of bitcoin will then result in having greater profit for them.

[jonatuzc]

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?

People who are moaning about the market price is just a big holder so obviously they are afraid for the market price to dump even more because they will not be earning profit.

In my opinion, people who invest in Bitcoin expect return from their investment and when the price drops down, they worth of their portfolio also drops down and this is the reason why people moan about the values of Bitcoin. Besides, the activities of Whales also create chaos in the market and people often sell because of panic. So any factor that can literally hurt the peoples’ investment is the reason of moaning.

[Dr.Osh]

The reason is that some people believe that Bitcoin is some magical asset which can only go up. So they won't be much surprised if Bitcoin gives 20x returns (like we had in 2017), but when the prices crash by 50% the panicking will set in.

The simple reason is that everyone thinks it's going like 2017. They think it's like the same market trend but fundamentally the market is not a pre-programmed machine. It is created by the whole market, the elements that make up the market manipulation will lead to slow or never rise prices. Human psychology is uncomfortable and few people can calm down by psychology like a gambler.

well, it's probably because they invested in a high price that makes a lot of them spend on the current prices that bitcoin has. but, to date, many are waiting for prices to rise again, even if it's a complaint.

[Cacao2017]

Today Bitcoin is very safe for investors, I think investors should not complain about bitcoin prices but should look back to invest again, we should be more optimistic when investing

[ValerieBTC]

This is not the complete picture. You have intentionally edited the prices after the crash and made this to show consistent increase.

I am really astonished on that group of people who talks in this way. How can they say such rubbish thing and blame game on bitcoin when they already know this is always moving like this. Bitcoin never ever had shown any stability in any time frame. Then why such educated and field people don’t understand this fact and always on keeping shouting for this price increase and decrease?

[KalaiBTC]

The reason is that some people believe that Bitcoin is some magical asset which can only go up. So they won't be much surprised if Bitcoin gives 20x returns (like we had in 2017), but when the prices crash by 50% the panicking will set in.

The simple reason is that everyone thinks it's going like 2017. They think it's like the same market trend but fundamentally the market is not a pre-programmed machine. It is created by the whole market, the elements that make up the market manipulation will lead to slow or never rise prices. Human psychology is uncomfortable and few people can calm down by psychology like a gambler.

well, it's probably because they invested in a high price that makes a lot of them spend on the current prices that bitcoin has. but, to date, many are waiting for prices to rise again, even if it's a complaint.

The only thing which all the investors wish for especially the ones which have invested their money into different crypto currencies is some significant increase in the market value of the coins which they are holding as more market value will then result in more money for them. Other than that, the increase in the demand rate is also a reason which is helping the investors to believe that the market value will rise higher.

[xvacator]

When prices fall sharply, there must be a lot of people complaining, but when prices continue to rise, these people must also praise the price of BTC, as is human nature.

people complaining is because they don't see any chance for bitcoin price to get an increase in the short time so they still cannot wait in a longer time. they really need to learn about how to patient and not complaining about bitcoin because when the time comes, bitcoin price will be back to the highest price and in that time, people can sell their bitcoin to take a profit.

I think all that matters now is your patience. That bitcoin is having ups and downs is an usual thing because what goes up must come down. Although current status of bitcoin doesn't show much about bitcoin going up again, we just need to wait a little bit longer because I believe in bitcoin and its promising future. We need to keep a positive attitude and make the most out of this situation. And the most important thing is patience, just sit back and wait.

yeah, this is what we can do right now. don't just moan about the bitcoin price but we need to think how we can still making money in this situation so we don't get a bad effect especially for our day trading or weekly trading. this is important for us because with keep trying to search a gap price to buy and sell can allow us to make money even for a small profit. so it is better to stay calm, wait for the price increase again, still doing trading if we still have money.

I think why they moan about the price of bitcoin is because they buy bitcoin at the high price so they cannot sell their bitcoin and make a profit. and now, bitcoin still in the down price and they cannot sell bitcoin and even they cannot buy bitcoin because they are run out of the money.

[tiurminator]

If they buy bitcoin when the price above $10k, I think that is very understandable.  Nobody happy when they lose their assets. 

[cjmalicious]

All things considered, the individuals who groan about floors likely stress over misfortunes, and the individuals who groan about highs are presumably simply searching for the best chance to trade out. I don't think we'll ever truly kill points this way, and I don't believe there's anything amiss with them. These are entirely basic in forex discourses too, and they're undeniably steady.

I concur that we should all contribute in our own particular little courses, yet in the meantime everybody is allowed to stress over costs as much as they need.

[bizarro]

In my opinion this is simply because of the primal greed of every person so they want to earn fast money and it can be accomplished in the case of overall growth in bitcoin prices and they are not looking after the development of cryptocurrency but after all the personal profit.

[Mastsetad]

A lot of people are complaining about the Bitcoin price it's currently priced, and did not see the price 2 or 3 years ago. they compare the current price with the final price of 2017 yesterday, of course there has been a considerable decline, while people have already bought Bitcoin at a high price. and they wait until now, Bitcoin price is very difficult to ride as before.

When people are earning money they are very happy but when there is little bit dip in the price they moan and it is not professional. If you want to make money in cryptocurrency you will to take some risks also because it is currency and depends on market cap. When people withdraw their money the price falls and when they demand for it the price goes up. There is nothing to worry about it.

[TranTrongit]

Around me, I know a lot of bitcoin buyers at $ 10k, $ 15k, even someone who bought bitcoin at $ 19k. They believe the bitcoin will reach $ 50k in 2018. And now the market is falling continuously. causing them to lose a lot. It is understandable that they are always complaining, complaining about bitcoin

[sieemma]

Thank you, OP and I have to say that the market does not only constitute a bull one. There are two sides which pull each other, the falling trend and the upward trend. Many a time, people forget about the fact that a time will come when prices will begin falling.

[Dread Pirate Roberts]

Time is always changing. the buy point is not always the same. and panic for a biggest loss is very possible. no bitcoin guarantee will always go up. and this is what makes people who are in a hold or new position buy into panic. that's normal in crypto. experience will make someone wise to decide anything.

[Alpinat]

The value of bitcoin right now is not that good and some people that are weak hands are selling all of their Tokens and also bitcoins which is sad and also happy because weakhands are now filtered and now only the strong hands are holding bitcoins. Hopefully value will get increase in the next month so people will moan again about the value.

[legenduim]

Around me, I know a lot of bitcoin buyers at $ 10k, $ 15k, even someone who bought bitcoin at $ 19k. They believe the bitcoin will reach $ 50k in 2018. And now the market is falling continuously. causing them to lose a lot. It is understandable that they are always complaining, complaining about bitcoin

The reality turned out to be something different. The dreams of these people were crushed. They could not even guess that Bitcoin would fall so low. Therefore, it is natural that they are complaining about its price.

[btcprospecter]

The value will always fluctuate and people will always see negatives in both directions if it's low people will moan they bought in at too high a price and vice versa. Too many see it as an investment instead of a tool for payment. If people are reluctant to spend their bitcoin they should just replace what they do spend.

[Gururapyco]

People are moaning becaue they bought it at $20.000 and it doesn't seem to grow right now.