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Author Topic: If Bitcoin's price depresses you. This is not a speculation topic  (Read 834 times)
websoftwareengineer
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September 07, 2018, 02:49:38 PM
 #81

I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.

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September 07, 2018, 03:17:09 PM
 #82

I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.
But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.
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September 07, 2018, 05:45:11 PM
 #83

I do not think that current investors is in doubt about the price will reach new ATH in the future. Our doubt is when to increase the BTC amount by buying and selling.

Since it's ok to say Bitcoin is an investment and the majority here doesn't see a problem, we can call them investors so. Seeing the numbers of negative topics with the generic "Bitcoin is dead" "Bitcoin lost 1% in 24h I am afraid...". We can say YES they are in doubt. And seeing how many times per week they do it's fair to say it's paranoia too
As per observation, the pump experience that is happening in the current situation are just very slight corrections and as you can see the price adjustment going for an uptrend movement is just slow compared to what had happened last year.

Bitcoin price will always depress anyone who invest a huge amount because the market today is dumping but since the market is volatile so we can still expect for the price to increase in the future.
But the most factor that influence bitcoin is the demand of people.People demand of bitcoin through the years is increasing steadily because the popularity of crypto.So we just have to make crypto more popular so that it will keep increasing.

Peoole who get depressed are either those who invested without knowing anything or those that lost a lot already in this bear market. There are still a lot of us who are looking well beyond this bear market.

 
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September 09, 2018, 07:41:14 AM
 #84

"The SEC will not approve a Bitcoin ETF" FUD is the new "China will ban Bitcoin" FUD. Shut them out. Do not be affected by the volatility, and keep your eyes on the next halving on 2020.

Plus keep buying the dip! Cool
If they like they should not, they will still have themselves to blame eventually anyway Grin. What most of them look at is the present, but due to the little knowledge they have about what is at hand, it has clouded them from seeing what it would be like in the future and not just about the price alone, but its usefulness and usage as a currency in the long run.

No, not just as a "currency", but as hard money that's good as a store of value, medium of exchange, and a unit of account.

Quote
Hence, rather than focusing on what is not going to be approved, they should be focusing on how what is going on in Iran, has happened in Zimbabwe and the likes, with people leaving fiat for a safe haven, then, they will know better to chill out.

Or focus on the history of inflation on your own currency. Cool

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September 09, 2018, 08:00:45 AM
 #85

The graph answered the fears in the mind and hearts of those who got involved in cryptoworld without the lion-heart inside them. The very reason for their fears and panic once they see dips especially long period of bear, and volatility.Instead of focusing on the positive things that cryptos have brought and could do in the coming years, those people are pulling down cryptos like crabs.

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September 09, 2018, 05:46:34 PM
 #86

All you need to do is look at this chart that was made during the "long bear market" of 2014 and believe. The estimate for 2017 reached its target plus more. I am optimistic it will reach its target for 2021 too. Plus more. Cool

[im g]https://pbs.twimg.com/media/Dgc_RzZV4AE4GIe?format=jpg[/img]
Depressing is another but scare is something speculative. If you put fear into peoples hearts with the price drop than it is only natural that they will cling towards selling because they fear they will lose their money. That is speculation and it is a topic we need to discuss.

If a person opens a topic about how bitcoin is going to zero or something that is not a sensible and logical topic but it is a valid speculation topic that he is scared for his money. Those people are the reason why whales are so rich because whales start a trend on the price movement and scare little fish and those people react by selling and making their lives easier.
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September 09, 2018, 06:30:08 PM
 #87

The harder we 'beg' people to not panic or to not invest in something so speculative, the harder they will do the opposite. It has been proven with cloud mining for years straight. I lost count on how many members here have been telling people to stay away from cloud mining, and it has literally no effect at all. It's like we're talking to a wall. The same directly applies to people pumping money into investment schemes -- these people are a plague and can't be helped with friendly advice anymore. Maybe that we should encourage them to do it instead of vice versa, maybe that will help since they do the opposite of what we are saying....
I would not call them plagues, but I would rather say they are just some set of people who have refused to learn or so lazy to learn so as to understand that this is a volatile market but the volatility should not be a problem but should instead be an advantage for those who see it as an opportunity to be buying at lower prices with a lot of focus on the future development of bitcoin, most especially in its usage.

Obviously, since all they care about is getting rich overnight, which would be something hard for them to wrap their heads around.

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October 12, 2018, 06:02:41 AM
 #88

To all you panic sellers, take a good look at the chart in the OP. Everytime you have doubts on Bitcoin's price, the market, or maybe you are confused, just take a look at that logarithmic chart.

Plus if you see a duck posting bad news of Bitcoin's "eventual crash", mark the date and observe what happens a few days or weeks after the day of his post. Cool

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