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Author Topic: Why all people moan about the price of bitcoin?  (Read 28912 times)
Dontme
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September 06, 2018, 01:08:12 PM
 #561

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?

I think this is not the best way to do nothing, in this situation buy until your bag will full because not at all time btc is in the down it will go up sooner or later, just believe.
cpkozak
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September 06, 2018, 01:49:52 PM
 #562

Everyone is moaning because the price of bitcoin has only two causes.
- they invest in losses
- they do not have as much profit as people say.
But most of all, I see people investing in this market when BTC is very expensive and that makes them lose money.
phandiep
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September 06, 2018, 01:50:38 PM
 #563

People moan about the price of bitcoin is because they had encountered losses. Losses is definitely the reason why people panic with the current price of bitcoin.
Loss is one reason, the next reason is probably their enormous hope destroyed by bitcoin, they once believed bitcoin would bring a good future and they would have everything from bitcoin but now, what they have is disappointment. Bitcoin almost closed the door to their riches, the price of bitcoin still goes down and does not stop, every second and every minute, they just have a very tired feeling and just want to cry with this loss, moaning about the price and regret over many things
Bumblecoin
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September 06, 2018, 01:54:34 PM
 #564

I agree about that .. prices are down but demand does not jump. actually what happened? but I'm not afraid because this is indeed the market system .. there are up and down. I'm sure this is just a price game only. So, think of a positive friend.
Yes I agree! This is really the market trend and all you need to do is just to take a deep breath, relax, listen, observe and wait. Nothing to worry about since the price is volatile, it is really its nature.
MyNameIs Trung
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September 06, 2018, 04:13:01 PM
 #565

Many who complain of bitcoin prices may be due to bitcoin prices have reached a very high price in 2017 and everyone hopes to stay at these high prices but what can make bitcoin prices even slumped away that makes many people disappointed that so many complaining about Price
 Lips sealed Lips sealed
Satunaimrotes
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September 07, 2018, 03:08:30 AM
 #566

Bitcoin down but they complain and do not buy as much coins. That means, Money from Crypto merchants is gone to buy coins, and now the price of coins they have got stuck at a high price. That's the reason, why People so complain when the price of Bitcoin goes down.
cheann20
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September 07, 2018, 03:16:02 AM
 #567

For me honestly for now i dont understand why bitcoin is getting rough, in my trading may fund losses when bitcoin start go down last nine months.  So o hope botcoin will recover again and again.  And all of us will be happy.
Netnox
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September 07, 2018, 03:27:04 AM
 #568

A correction was expected sooner or later. After the wild jump from $900 per coin to $20,000 per coin, you can't expect the currency to stabilize at such high prices. A correction was expected at some point of time, and that was exactly what happened in 2018.
visionE2
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September 07, 2018, 03:28:46 AM
 #569

Maybe a lot of people are complaining about bitcoin prices because now the bitcoin prices are down again and they complain it might be because brands buy bitcoins at expensive prices so they get enough losses too hence they often complain and want the price back up
i think so, maybe people who complained are people who were knowing about bitcoin earlier this year, where the price of bitcoin reached the highest price record, so they complained about the continously decreasing price of bitcoin
efxtrader
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September 07, 2018, 06:22:07 AM
 #570

A correction was expected sooner or later. After the wild jump from $900 per coin to $20,000 per coin, you can't expect the currency to stabilize at such high prices. A correction was expected at some point of time, and that was exactly what happened in 2018.

Its true, most people moan on bitcoin price right now, maybe they buying bitcoin at high price and when bitcoin price drop below $10k they moan about the price. Acctualy, bitcoin price year on year always increasing and i am believe bitcoin is long term investment

naily
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September 07, 2018, 06:51:58 AM
 #571

they complained because in my opinion they hoped to get a short profit, and they complained also because of lack of knowledge in the crypto currency field
futureofeth
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September 07, 2018, 07:01:58 AM
 #572

Because most of the people purchased Bitcoin at a very high level in the market, already the price of Bitcoin went very low in the market and this makes them frustrating. The only question they have in mind, whether Bitcoin will start recovering it's price back to 20000$ or not, but as now, nobody say exactly how long it is going to take.
erominer
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September 07, 2018, 08:00:53 AM
 #573

Thanks  you I like your point of view by not showing the price of BTC that shoots up to 19 grand, 5k this year compared 2 to 3 years ago is still high
julzcoinbit
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September 07, 2018, 08:44:33 AM
 #574

A correction was expected sooner or later. After the wild jump from $900 per coin to $20,000 per coin, you can't expect the currency to stabilize at such high prices. A correction was expected at some point of time, and that was exactly what happened in 2018.

Its true, most people moan on bitcoin price right now, maybe they buying bitcoin at high price and when bitcoin price drop below $10k they moan about the price. Acctualy, bitcoin price year on year always increasing and i am believe bitcoin is long term investment

I guess that people who keep moan on bitcoin were just new In cryptocurrency. They don't know yet how bitcoin works In crypto world. Bitcoin is really good for long time Investment and I agree with you about that, If you or we just notice It is Increase its biding price by year. So, Its been proven that you will not loss profits when you make an Investment on It In long term method.
brookecooper
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September 07, 2018, 08:47:27 AM
 #575

one being they have little money, and two they missed buying Bitcoin when it was really cheap a long time ago.
MoreMoneyHunt
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September 07, 2018, 08:59:55 AM
 #576

People are much cocnern about the price of Bitcoin because it has the capability of influencing the price of many coins on the market, thereby affecting the crypto market in general. Most coins are paired with Bitcoin on the market, hence any fall in the price of Bitcoin will lead to a fall in that coin.

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kemmycrypto
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September 07, 2018, 11:03:10 AM
 #577

people should not moan about the Bitcoin price that is very low now. They should now that Bitcoin in the past years were very good to invest on. investing in Bitcoin is a long-term investment not short time. if you are rushing to make money within few months you are making a big mistake. it is only on long-term investment you can make profit not on short term investment. Bitcoin has come to stay don't panic or moan on the price. it would definitely go up hold the coins.
cryptolandlords
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September 07, 2018, 01:01:14 PM
 #578

In this cryptocurrency community we have different categories of people with their diverse area of interest. Some are for the technology, some for the fintech, some just purely to make their daily profit. Those that come just to make profit scream a lot when there is a little fall in price, they are not out there to contribute to the growth of the community.
Yusuf77
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September 07, 2018, 01:01:49 PM
 #579

they complained because in my opinion they hoped to get a short profit, and they complained also because of lack of knowledge in the crypto currency field
fortunately and the loss to trade depends on the people themselves. when prices go down we must not complain even though it is difficult to make a profit. the key to successful trading is to always be patient even though it's long. because they don't want to learn to be less knowledge .
faceoff97
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September 08, 2018, 02:39:26 PM
 #580

Most of people moan about the price of bitcoin is because a very low price and investors has starting to leave bitcoin because of no profits gained. Hopefully for the near future the bull run starts.
It's not like that. Big investors are not leaving bitcoin because they know they have the power to manipulate the market and gain some decent amounts for themselves. The reason why most people are moaning about the current price of bitcoin is because they probably bought/invested in bitcoin at a higher price and they want a fast ROI and since the price is struggling in $6-7k range they are worried about it.
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