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Author Topic: A challenge from bitcoin in 2018  (Read 2929 times)
stayeduptolate
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September 14, 2018, 04:22:12 PM
 #281

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.
I also totally agrees with this condition, though I am not very old and experienced in the bitcoin market but the statistics that I know so far makes me one thing so clear that the valuation of bitcoin was never deflated for such a long time, I think it’s been about 8 months and still there are no signs that when will the valuation will inflate so definitely it is the challenge from the bitcoin that who are strong and have patience will only survive in this bitcoin market and the rest who doesn’t hold their coin can simply leave, the bitcoin market is not for them and I am waiting for the market rise again.
Jombrangs
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September 17, 2018, 01:34:20 PM
 #282

Yes, it is. Too much of investment are loss. Companies are looking for another coins and tokens to invest to and to many traders used to panic sell because of the drop. As this red days going on too many of the traders used t hold their coin by chance that their coin and token will increase someday while the other panic sale their coin because they were afraid to loss so much of money. Truly not everyday is pay day.
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September 27, 2018, 08:58:11 PM
 #283

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.

This type of reasoning clearly indicates what is the true interest of some individuals when approaching this ecosystem. For those of us who are particularly interested in the technological and revolutionary aspect of bitcoin, I think we are going through a good stage in terms of its greater acceptance and the growing information that ordinary people have about these issues.

But for those who are here motivated solely and exclusively by speculative interests, these are undoubtedly bad times full of great challenges and uncertainty, which is not all bad, because we need less of these people in the ecosystem, and more of those previously mentioned.
ratatat bangbang
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September 27, 2018, 09:56:06 PM
 #284

Challenges is everywhere in order to be better and to strive hard. What happened in bitcoin is just a challenge, this is where we test each others beliefs and trust. I am sure they can surpass this challenges because it was happened a while ago.
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September 27, 2018, 10:49:17 PM
 #285

That's right, some have even left bitcoin since yesterday, they also issued bad assumptions about bitcoin, so those who read are also worried, even though in my opinion, this is natural if bitcoin goes down in price, it's because the nature of bitcoin is fluctuating or not settled ...! !

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September 27, 2018, 11:04:53 PM
 #286

I think that i like trading experience because it is challenging and i consider it the best one in my life when i decided to buy ether and invest in btc which are known as the popular coins of 2018

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September 28, 2018, 03:48:49 PM
 #287

now i see the price of bitcoin is stable, the price of bitcoin go down and up from 6000 to 6800$.
in this period, everyone all hope the ETF will be approved, the value of bitcoin will be pump and the future of bitcoin will be so stable.
biletskiy
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September 28, 2018, 06:50:19 PM
 #288

I think that i like trading experience because it is challenging and i consider it the best one in my life when i decided to buy ether and invest in btc which are known as the popular coins of 2018

I guess you had to buy more different cryptocurrencies. It is much better to have at least 15 altcoins in your portfolio. If some of them fall, the others will grow.
greeklogos
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September 28, 2018, 06:54:30 PM
 #289

I think people just used to live with the bull market very fast and easily. Just remind how many years bitcoin needed to cross the boarder of 1k$ and you will see the long way. 2017 was definitely the most successful year for all crypto market, but who knows will it ever be repeated.
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September 29, 2018, 06:48:42 AM
 #290

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.
We all know that the real challenge now is the down trend of the market which totally will lead to a low income and big losses but we should bear it and we should be strong because we will overcome this challenge and the thing that we need to do is to believe in bitcoin. Do not ever scared and do panic selling because it is not a good idea.
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September 29, 2018, 07:44:39 AM
 #291

Quick share: I was at a client site (IT) who does financial services talking to an advisor . The Kavenough thing brings up politics which shifts to monetary policies. We have an interesting conversation about the Fed, banks and the gold standard. He agrees that it is an apparatus to keep the rich rich and the rest of us poor, hidden actors, Nixon, fractional-reserves, etc.

Mention Bitcoin, his response "Fuck bitcoin. Is it down?"

"Well yes since last year about 60% but overall ---"

Get cut off, "Good!" and he goes back in his office.

Confused I went and did some more work but had to go back to find out.

"Do you like or dislike Bitcoin?"

"I hate it. People treat it like a get rich quick scheme. I have a client that put in $10k in December against my advice. I'm a conservative investor."

Ah ha, ok can't argue with that. What's interesting to me is that this guy is fully aware that the dollar is a non-backed currency controlled by a private company and enforced by the US military but is still selling it as his job. Seeing what we are up against in person was sobering.
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September 29, 2018, 07:48:40 AM
 #292

Quick share: I was at a client site (IT) who does financial services talking to an advisor . The Kavenough thing brings up politics which shifts to monetary policies. We have an interesting conversation about the Fed, banks and the gold standard. He agrees that it is an apparatus to keep the rich rich and the rest of us poor, hidden actors, Nixon, fractional-reserves, etc.

Mention Bitcoin, his response "Fuck bitcoin. Is it down?"

"Well yes since last year about 60% but overall ---"

Get cut off, "Good!" and he goes back in his office.

Confused I went and did some more work but had to go back to find out.

"Do you like or dislike Bitcoin?"

"I hate it. People treat it like a get rich quick scheme. I have a client that put in $10k in December against my advice. I'm a conservative investor."

Ah ha, ok can't argue with that. What's interesting to me is that this guy is fully aware that the dollar is a non-backed currency controlled by a private company and enforced by the US military but is still selling it as his job. Seeing what we are up against in person was sobering.

As long as Bitcoin is not supported by institutional investors and major banks, there will always be skepticism. Many BTC investors can afford to lose money being young millennials like myself who can recreate our wealth. But, those older generations need a stable source of income and cannot investment in something risky and precarious that hasn’t even been around for 10 years.

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September 29, 2018, 08:02:55 AM
 #293

Quick share: I was at a client site (IT) who does financial services talking to an advisor . The Kavenough thing brings up politics which shifts to monetary policies. We have an interesting conversation about the Fed, banks and the gold standard. He agrees that it is an apparatus to keep the rich rich and the rest of us poor, hidden actors, Nixon, fractional-reserves, etc.

Mention Bitcoin, his response "Fuck bitcoin. Is it down?"

"Well yes since last year about 60% but overall ---"

Get cut off, "Good!" and he goes back in his office.

Confused I went and did some more work but had to go back to find out.

"Do you like or dislike Bitcoin?"

"I hate it. People treat it like a get rich quick scheme. I have a client that put in $10k in December against my advice. I'm a conservative investor."

Ah ha, ok can't argue with that. What's interesting to me is that this guy is fully aware that the dollar is a non-backed currency controlled by a private company and enforced by the US military but is still selling it as his job. Seeing what we are up against in person was sobering.

And BTC is backed by .... ?


The supply is backed by cryptography (mathematics) and consensus. Its supply highly unlikely to change unlike fiat currency where it can and does based on will and policies of the government.

Peashooter
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September 29, 2018, 01:59:37 PM
 #294

This year the price of bitcoin has dropped for a long time, and don't know how long bitcoin will be like this. I think this is a year of challenge from bitcoin, those who are strong will stay here and the weak will leave, this will be an option to determine the future.
As of now the price of bitcoin is start to recover again and I think this moment the price will spike to the moon. The down trend of market is the biggest challenge in this year 2018. You need to be strong to overcome this challenge and never give up in bitcoin.
syaripudin
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September 29, 2018, 02:12:25 PM
 #295

bitcoin may be currently in a price reduction situation and of course it is caused by many people who cannot survive in an indefinite period and choose to sell it, but no one knows in the future it does not rule out the possibility of bitcoin prices going up again .

 
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September 29, 2018, 03:26:51 PM
 #296

now i see the price of bitcoin is stable, the price of bitcoin go down and up from 6000 to 6800$.
in this period, everyone all hope the ETF will be approved, the value of bitcoin will be pump and the future of bitcoin will be so stable.
in my opinion despite the many obstacles, bitcoint is still a long-term prospect that still promises high and maximum profits even though there are still obstacles, don't hesitate to invest with bitcoint, invest carefully, efficiently and effectively and everything will be beautiful in time
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September 29, 2018, 03:32:51 PM
 #297

Bitcoin is still up considerably from it's price at the start of 2017. If you were rash enough to buy when it was almost $20,000 then yes you have had a very bad year, on the other hand if you bought at the beginning of 2017 when it was at $1,000 then you have made a tidy profit-it's all relative.

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September 29, 2018, 04:50:57 PM
 #298

This year is probably the worst bitcoin value reduction by percentage. I think this year is a year that has a challenge because bitcoin has fallen. This is the first time this year since bitcoin began to fall this year and this is a special challenge for investors and traders to remain confident. that bitcoin will rise before the end of the year and always think positively. don't panic or lose hope. will definitely survive this year.
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September 29, 2018, 04:58:57 PM
 #299

In my opinion it’s not a challenge from bitcoin, it’s normal where the price have risen for 2 years and certainly will not rise continuously, everything has the time where in the past few years its price was rising and maybe for the time being its price is going down to normalize it where there will be new investors joining into bitcoin investment because the price dropping and there are some other investors who panicked to sell bitcoin because of fear that it will go down even further.
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September 29, 2018, 05:00:17 PM
 #300

Now bitcoin is going through really difficult times. But if you really believe in bitcoin technology and its prospects, then you should hold on to the last. Reward awaits us.

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