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Author Topic: Why all people moan about the price of bitcoin?  (Read 28897 times)
Duzter
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September 06, 2019, 08:27:44 AM
 #1021

People are loud about Bitcoin because it has become the center of attraction when it comes to cryptocurrencies. Most investors look at its trend to make market predictions and even gives clue as to when to buy and when to sell. Because of the pairing of BTC to almost every coin on the market, its rise and fall in prices affect the prices of the other coins on the market.
Bitcoin serves to be the center of attraction because it is valued big compared to the rest of the cryptocurrencies. The price matters a lot, because when it was worth a dollar very few gave importance. Another thing Most of the early holders just bought it on luck and not with a perfect prediction. Now people knew better about its growth and this makes them have price to be the priority.

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September 06, 2019, 01:45:08 PM
 #1022

What I'm thinking is it is very common thing people always moaning about the everything that happened in this world especially when it comes to money then it will definitely affect everyone's life that's why people are always talking about Bitcoin in all the time about the prices

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September 06, 2019, 03:17:40 PM
 #1023

I think the people who complain about bitcoin are investors involved in Bitcoin when it priced at $ 18,000 - $ 20,000. Therefore, they are in a loss situation, so when Bitcoin has not recovered to the original price, they will continue to complain about Bitcoin. They are people who always think negatively and still hope to pay back the most quickly.
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September 08, 2019, 10:27:00 PM
Last edit: September 08, 2019, 11:22:52 PM by seanskie18
 #1024

I think, it's normal that all people moaning about the Bitcoin price because if the price will crash, everyone's life will be affected, that's why they are very concern about it especially to those people who invested.

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September 09, 2019, 04:22:36 PM
 #1025

It seems to me that no one will argue with me that Bitcoin is still a very profitable investment.  It is because of this that I would like to mention the news that I found in the media that the kucoin exchange is going to arrange a Bitcoin sale in its equivalent of 1.5 million USDT for all verified users who have at least 50 KCS on their accounts on their anniversary.  This sale will start on September 16th.  I think that the hype will be very big.
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September 10, 2019, 02:50:40 AM
 #1026

people complain about the price of BTC because they do not know how to invest or they are investing and losing money. This is the main reason why they complain about the price of BTC. When I first invested in this market, I used to complain like them.

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September 10, 2019, 03:34:03 AM
 #1027

People moan about the price of Bitcoin because it has turn out to be a worldwide spectacle. When cryptocurrency is mentioned in any forum, presentation, governmental statement, news etc Bitcoin follows. It has now become like a standard of measure for the performance of the cryptocurrency market. Now, Bitcoin dominance is about 70% of the entire market.

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September 10, 2019, 04:10:20 AM
 #1028

People are loud about Bitcoin because it has become the center of attraction when it comes to cryptocurrencies. Most investors look at its trend to make market predictions and even gives clue as to when to buy and when to sell. Because of the pairing of BTC to almost every coin on the market, its rise and fall in prices affect the prices of the other coins on the market.
Bitcoin serves to be the center of attraction because it is valued big compared to the rest of the cryptocurrencies. The price matters a lot, because when it was worth a dollar very few gave importance. Another thing Most of the early holders just bought it on luck and not with a perfect prediction. Now people knew better about its growth and this makes them have price to be the priority.
indeed the price of bitcoin is the center of attention. many people want to sell at high prices according to their expectations, but the development is still difficult to predict. but this is where patience is needed, of course investors are waiting for many people to get bored and waiting to sell them in a paning, until finally the investors enter the market. maybe at this time, this is the scenario for investors

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September 11, 2019, 05:38:24 PM
 #1029

It works that way. When the price is low, no one knows what heights Bitcoin can still reach, which means buying it can be dangerous.
As soon as the price has risen, and even so high and unexpectedly, the mistake immediately becomes apparent, you had to buy then.
Accordingly, after the collapse of the price, no one knows when it will grow again and whether it will grow at all.
Funny situation .
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September 11, 2019, 11:21:09 PM
 #1030

I think, it's normal that all people moaning about the Bitcoin price because if the price will crash, everyone's life will be affected, that's why they are very concern about it especially to those people who invested.
absolutely right, this is all a matter of life,
My experience in 2017, Bitcoin changed my life because the price of Bitcoin rose to $ 18k,
my family and I can buy something that we have long dreamed of from the sale of Bitcoin,
this is my reason why I moan about the current price of Bitcoin.


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September 12, 2019, 02:23:27 AM
 #1031

It works that way. When the price is low, no one knows what heights Bitcoin can still reach, which means buying it can be dangerous.
As soon as the price has risen, and even so high and unexpectedly, the mistake immediately becomes apparent, you had to buy then.
Accordingly, after the collapse of the price, no one knows when it will grow again and whether it will grow at all.
Funny situation .

Indeed. That's why you need to analyze the chart very well since it doesn't lie and the possibility of Bitcoin's price could be predicted there. There is always risk on every entry that we are going through, thus our plan should be concise and should not be common otherwise we'll belong to those losers in the market.
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September 12, 2019, 04:29:13 PM
 #1032

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.

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December 27, 2021, 11:34:20 AM
 #1033

Without a clear usage or utility bitcoin will be dumping prices lower than of what was an all time high. It will never be reached again not unless somebody will be holding a very large volume of cryptocurrency to manipulate the price. If you have read some of the latest news about price manipulation then maybe you will understand why people are moaning about bitcoin prices goin low. Those who are holding large volume are selling it when they think they can earn profit. This result in a volatility we experienced today. So if bitcoin will be used by many price manipulation cannot create a big impact on the price.
One can hardly complain about the price of bitcoin, which is now around $ 50,000. Bitcoin only reached $ 20,000 again last December, so its current price has doubled over that period. The slight drop in demand for bitcoin now is partly due to its current significant price. From such a height, there is room to fall, and therefore the risk for investors increases. In addition, with an increase in the price of Bitcoin, it is already quite difficult to grow in price at times, as it was before. Potential altcoins look promising in terms of profit.
Well, let's see what else Bitcoin is capable of.

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December 28, 2021, 04:01:24 AM
 #1034

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.

Yes, when bitcoin's price increased a few years ago, the public became aware of it, and as time passes, more and more people begin to invest in it, with the ultimate goal of seeing the price increase again. However, the reality is that it takes time before bitcoin reaches that level of value again. I believe that before 2017, the price stabilized, which made us happy if the price increased slightly, but now people are enraged if the price drops below certain levels.
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December 28, 2021, 08:20:32 AM
 #1035

We dont want to see any losses we only want to see huge gains.   It is easy to moan to sooth the pain for me at least.

I am not looking at my crypto wallets so much as before because if the price is down and my portoflio is red I get depressed and it ruins my day.

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December 28, 2021, 09:16:23 AM
 #1036

We dont want to see any losses we only want to see huge gains.   It is easy to moan to sooth the pain for me at least.

I am not looking at my crypto wallets so much as before because if the price is down and my portoflio is red I get depressed and it ruins my day.
you have been in crypto for so long but why are you still unable to accept the 'red' market conditions?

it doesn't matter whether the market is 'red or green', I can control my emotions when I see my wallet, the crypto market is very volatile so I'm not surprised anymore!

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December 28, 2021, 09:25:32 AM
 #1037

I think many people are complaining about bitcoin as they buy at high prices. At that time their prices fall down
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December 28, 2021, 09:48:52 PM
 #1038

I think many people are complaining about bitcoin as they buy at high prices. At that time their prices fall down
Buy high and sell low you mean? This had been a very common behavior of people specially on noobs or to those who had just recently jumped in into this market.
You would really be having that common reaction whenever you do make purchase and then the price drops.

You would really be whining and moaning about on those conditions which are actually a very common reaction and we all really be passing  on that one or would
experience that one.

Once you do gain experience then you would definitely get used to it.

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December 30, 2021, 12:15:44 AM
 #1039

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
True, most people complain that their assets are declining. If they buy at a low price, then the bitcoin price drops and they still have a profit, I don't think they will complain.
Complaining maybe yes, but in a sense their profits are reduced.

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January 02, 2022, 07:55:12 PM
 #1040

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.

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