I do not understand the pessimism

[btcprospecter]

Like any investment people that went all in in the tail end of last year would have been the biggest losers. There only opinion in the months that followed would have been to cash out and cut their losses. In my opinion many of these people would have been new to crypto currencies and were really just buying on hype.
You can see how many of these became pessimistic about the outlook of bitcoin but they failed to realise that anyone who did well with crypto were probably in from the early days.

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[Muspion]

Period of stability is very dominant, as in the financial sector, for example, in the stock market and banking sector. At the time of BTC stability, better income can be obtained from BTC derivatives, which is altcoindan I am not pessimistic on BTC issues. In the past, these bubbles were made repeatedly and repeated irregularly. It is possible for them to make a lot of extra money, but this is largely the exception to the rule

[teamspike911]

I completely agree. A year ago, bitcoin was worth several times less than at the moment. In general, just think about ... 6 thousand dollars for bitcoin, even more at the moment. But after all, it once cost 100 bitcoins for 1 dollar ... so I do not understand people's discontent either. And yes, right now the market is in a stage of falling or stagnation, but the market is a wave process and sooner or later the wave should go very high up.

[bigblackdeck45]

Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...

My 2 satoshis...

I believe those people who are pessimistic are the ones who bought bitcoin and expect to earn a huge profit directly. As you can see no one gets rich overnight here in bitcoin, one must work hard to make it to the top. People must stop that mentality and time to face the reality. Those pessimistic people are the greedy ones who wants to be rewarded big without thinking things first.

[Prince Malik]

In reality the pessimism is not about the bitcoin price but the pessimism is about the dozens of shit coins and scam ico's daily...i thing that this is the time to do somthing about that because ther is a lots of stupide investors lose their money there

[necessaryyou]

Every game has also the optimistic and the pessimist, the optimist who is always the investor and master the market, never panic when selling

[gabmen]

In reality the pessimism is not about the bitcoin price but the pessimism is about the dozens of shit coins and scam ico's daily...i thing that this is the time to do somthing about that because ther is a lots of stupide investors lose their money there

Stupid investors don't have anyone else to blame but themselves if they've invested in bogus icos. The warnings have been all around crypto world to be cautious and wary when investing and to make thorough studies on which coins you'll put money on. Sad part is, it makes bigger news when these lazy people lose money, making a lot of people think that this market is just full of scams.

[ace4549]

In our life as a trader we encounter such thing that is really hard and not favourable to us.
This things came to our lives just to make us a better person and learn something that we can used in future.

[ImTree]

I support your opinion, there is no reason to be pessimistic, we are one step from a great worldwide changes, when Bitcoin will be accepted and trusted by everyone in every country

[Reatim]

In reality the pessimism is not about the bitcoin price but the pessimism is about the dozens of shit coins and scam ico's daily...i thing that this is the time to do somthing about that because ther is a lots of stupide investors lose their money there

Stupid investors don't have anyone else to blame but themselves if they've invested in bogus icos. The warnings have been all around crypto world to be cautious and wary when investing and to make thorough studies on which coins you'll put money on. Sad part is, it makes bigger news when these lazy people lose money, making a lot of people think that this market is just full of scams.

Those are people who think that they can get away and became rich just by buying bitcoin. Lol. Ico's are a real magnet, they just pour their cash and believed that one day they will get huge dividends but it didn't happen. So they became pessimistic and then they make a sudden u-turn attacking crypto just because they lost their hard earn money. 

[Christopher_Hayes]

I also do not understand all the pessimism around cryptocurrency, specifically the pessimism around bitcoin. Bitcoin has been around for a long tome, since 2008 to be exact, and has made many people wealthy. No one has lost money by purchasing bitcoin, they can always just sell it back, that is of course if they sell if for more than what they bought it. Bit coin and the other crypocurrencies are a step into the new world, a world where electronic money will play an important of society's economic well being. many people agree that bitcoin and the other crytocurrencies are the new money.

[onaiwusun]

Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...

My 2 satoshis...

You are correct in your thought , but we all do not have same temperament , so persons run at the first sign of 'trouble' and are risk-adverse.

[NeMa94]

Pessimism comes from people that either don't understand cryptocurrencies or they don't like the impact they are making on the world as we know it. Regarding stabilization - this technology has made some crazy changes and its market will remain as "crazy" as the scale this change is taking. 

[Ava Duvall]

Newcomers are the one who are more of a pessimisms. They have relatively less expertise and often lose heart when the market fails to live up to their expectations. Also people will poor strategic planning and intentionally attack the prices hoping to get it down but the plan backfires. There both optimistic and pessimistic people in the market.

Also not only newcomers  but also those who have invested and waited patiently but have gotten nothing out of it. in a way they have a right to be pessimistic but at the same time they cant give up.

[mega_carnation]

Pessimism comes from people that either don't understand cryptocurrencies or they don't like the impact they are making on the world as we know it.

It is also coming from those people that are being affected by the popularity of cryptocurrency and their business was being done by it.

Regarding stabilization - this technology has made some crazy changes and its market will remain as "crazy" as the scale this change is taking. 

And while they are being pessimistic, this crazy change will change a lot of lives and if they won't adopt it, they will done for it.

[Bumblecoin]

Hello everyone,

I just registered but of course I am a long-time cryptocurrency watcher.

What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".

If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.

You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.

In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.

For more money, just you just have to work...

My 2 satoshis...

In every investments, you are taking the risk and of course you need to work hard for it. In this crypto world, if you invest you need to research for a good trading sites and a  potential coins that will give you more profit.

[Missterio]

Many people just want to make a profit and that's why they are bored in a market where there is no growth.

[Main ML]

Yes, many people complain when investing in bitcoin, because the price is very difficult to guess, he never realized that actually investing in bitcoin not just him, but many others who invest in bitcoin, automatic that affect the price is very much too. If real money is used for investing lots of people, then the real money will cost fluctuate like bitcoin.

[close up]

Many people just want to make a profit and that's why they are bored in a market where there is no growth.

I think so. That's why they really make a quick profit and a quick cut loss in order to not to make a bigger loss so the price won't cchange like 2017.

[newwest]

Many people just want to make a profit and that's why they are bored in a market where there is no growth.

To an extent yes it is correct because those who are daily or short term trader they require daily movement in order to execute trade which is not happening and thus this discourage them to trade. But for long term perspective slow growth is a good option