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Author Topic: Bitcoin price is falling. So what?  (Read 492 times)
Aikidoka
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June 29, 2018, 11:15:48 AM
Merited by suchmoon (4), Foxpup (1), NeuroticFish (1)
 #1

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
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June 29, 2018, 02:35:55 PM
 #2

agree. bitcoin will soon skyrocket again. there will always be ups and downs. and this is definitely one of them. we just have to be patient.
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June 29, 2018, 02:42:22 PM
 #3

If you get to buy Bitcoin at $2,000, you risk less money. So sell now. Looks like Bitcoin is going to $2,000.
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June 29, 2018, 02:53:19 PM
 #4

After the summer, I think bitcoin should grow and become more stable by the end of the year.
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June 29, 2018, 03:00:09 PM
 #5

So what? Exactly my point! We are always scared of the unknown and fail to see the future possibilities. Maybe not this year or next but definitely in the nearest future. I keep looking back at the stories of the internet,mobile phones etc. Who would have thought?
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June 29, 2018, 03:14:15 PM
 #6

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
maybe autumn will end, and I will try to continue to support bitcoin, we have to give positive news, so no one feels panicked, stay patient.
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June 29, 2018, 04:27:07 PM
 #7

For someone who already profited a lot, it doesn't really matter at all, but for someone who bought in during the hype, it might be a matter of losing money or losing one's sanity. Well if it isn't a problem to wait, then that's the last resort if anyone doesn't lose money in the process, but seeing the prices crashing every now and then, it would be hard to keep holding on knowing that your bags might be worthless someday. Only the mentally and emotionally strong can hold through these series of crashes, especially if you are invested knee-deep in bitcoin. A stagnant investment is hard to live with especially if the investment is based purely on speculation. Sell to cut losses and call it quits or hold and 'believe;' the latter's hard and the former's hard to accept.

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June 30, 2018, 04:59:59 AM
 #8

I do think patience is the key. If you have extra money laying around, sure top up on the dips. I do think long term the price will be a lot higher but we just need to wait it out. Like you said if you believe in bitcoin the price will go up. But more to the point you can see how blockchain is starting to be used by a lot of different industries around the world and in time bitcoin itself will see the rewards of it.
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June 30, 2018, 05:57:34 AM
 #9

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.

I think the proper way of supporting it in its downs is to emphasize its qualities and new developments being implemented, like lightning network, instead of trying to persuade people that price will go up, based on technical analysis and the like.

Bitcoin is a good investment in itself, no matter what the current price is, and the future price will be higher than the current ones because of its characteristics and the benefits that will bring for the world.

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June 30, 2018, 06:16:19 AM
 #10

After the summer, I think bitcoin should grow and become more stable by the end of the year.
there has been a slight increase in bitcoin prices and there has been a few percent increase is enough to be good news that initially down very far you can start trading now if you already have some assets but if the comparison is still much better resistant and patient.

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June 30, 2018, 06:16:53 AM
 #11

bitcoin prices have gone down so the best thing to do right now is to hold the bitcoin you have if you have not gained profit, but if you already get profit then you can sell it and buy again with a cheap price

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June 30, 2018, 06:42:02 AM
 #12

Today bitcoin has made a profits of around $600 and that is the benefits of this market.  I just like the way it pump this morning and we can see that it is heading toward $7000. Those that predicted that bitcoin is going to be around $5000 by the end of June can now see were we are now.
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June 30, 2018, 09:18:47 AM
 #13

usually those who actually panic during the price rise/drops are those who are brand new to investment (not just investing in bitcoin but in general). they see rises and falls and they can't understand what is going on so they panic and eventually they come up with the idea that trading is like gambling!!!

the funny thing is, this is bitcoin we are talking about. even if you make the mistake of buying at the peak of the bubble you still are going to make a huge profit in the long run. like buying at last bubble peak ($1200) and having it now!

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June 30, 2018, 12:09:34 PM
 #14

You can't expect new people who entered to the market to support bitcoin on its down.

You know what's on their minds? it's full of doubt if bitcoin can recover in the future. The price was seemingly low last year and all they look is on the price of it by December 2017 - January 2018 1st week.

The growth until now is higher than this fall so new investors are only looking at bitcoin as a quick rich coin and doesn't likely to support it.
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June 30, 2018, 03:38:20 PM
 #15

I have not been afraid of bitcoin price decline for a long time. I should have been scared in January. Now bitcoin has lost 2/3 of the price in December. What could be worse? I left myself a few bitcoins for a rainy day and will not sell them at any price. I am sure that someday the price of bitcoin will go up because the popularity of bitcoin is not in its value but its ideas.
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July 04, 2018, 10:12:05 AM
 #16

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
Yeah, we should remember that it is a long term investment and we should only wait after investment and nothing more because we know that Bitcoin is favorable for long term investment so we do not have to worry. These current situations are not permanent but took a little more time to recover so let it do whatever it wants. The demand rate will increase and will increase the value and this can happen anytime soon.
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July 04, 2018, 11:50:22 AM
 #17

The demand rate will increase and will increase the value and this can happen anytime soon.

It may actually take a while. The demand is increasing, but we don't get to experience any of it (yet).

Most large buyers are no longer using an exchange to enter the market, but head over to the OTC market, all to avoid scummy exchanges and insane premiums due to the lack of liquidity. Traders have never been able to buy or sell a large number of coins at a fair market price through exchanges, and even today that's still the case, which just points out that there is no trust in these platforms, and there is no way I can see things improve.

Miners use futures contracts (not referring to CBOE & CME futures) to settle deals with buyers to secure the best possible price for their minted coins. That way they are be able to deal with price drops even more efficiently. The same happens in plenty of other non crypto industries. This is the only use of futures contracts that I consider to be a worthwhile addition to crypto.
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July 04, 2018, 11:31:41 PM
 #18

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
maybe autumn will end, and I will try to continue to support bitcoin, we have to give positive news, so no one feels panicked, stay patient.
I began to doubt with some predictions that say Bitcoin is going to the moon by the end of the year. started evaluating all my assets.
everyone just said Maybe, there is no certainty.

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July 04, 2018, 11:51:59 PM
 #19

Bitcoin price is falling. So what?

Are we going to panic? Are we going to be scared? Are we going to seek answers that nobody can answer? If you are reading this thread, then you want some clarifications.
Of what? You want to feel relieved? No one can be sure as to when the price will go up again. But hey, we have been supporting bitcoin for a long time, right? Then why do we not support it in its downs? Why do we not be positive and optimistic? Why do we not spread positive vibes so people can be at ease and do another activity? Why do we always stressing ourselves with checking the price everyday? If we cannot support Bitcoin in its down, then why we support it in its ups?

Good people, let us stop getting frightened about this fall. If you truly believe in Bitcoin, then the price surely will go up. It is just a matter of patience.
That's true we don't need to scared or frightened about this falling because in crypto it's normal because it will depend on demand in the crypto market. It means all will be back to normal and we see bitcoin will on price again.

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July 05, 2018, 12:25:19 AM
 #20

The last rally was so long and so big that a huge portion of Bitcoin users consists of people who entered at that time - they have no experience of hodling during bear market, witnessing 70% decline from ATH and hodling at a loss. It's natural that they are worried, even if they know well that similar trends  happened in the past and Bitcoin successfully recovered and reached new highs - it's just not the same as experiencing that process yourself.

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