Cruxer
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Activity: 184
Merit: 100
Bitcoin FTW!
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November 02, 2018, 10:41:15 AM |
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This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it
hahahaha :DD every time after bubble i read whining like that, bitcoin dont care you are invested in bad moment time between bubbles can be rough for some people, topics like that sprout out analyze your dip data since 2009 you will have diferent conclusion
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Shatterlean22
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Activity: 350
Merit: 4
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November 02, 2018, 10:49:17 AM |
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ETF or no ETF I don't think bitcoin would die easily ,there are many reasons why bitcoin is still strong and stable at 6000plus ,so far for this year I have seen only stability of bitcoin
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storichain.io ❂ Storichain Official Bounty Campaign • ● START: 25 JUNE 2019 ● • (https://storichain.io)
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livingfree
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November 02, 2018, 12:02:26 PM |
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ETF or no ETF I don't think bitcoin would die easily ,there are many reasons why bitcoin is still strong and stable at 6000plus ,so far for this year I have seen only stability of bitcoin
Why people are thinking about bitcoin's death? don't sum up that its going to be easy for a well established coin and investment to be brought down quickly. $6,000 isn't a bad price and we've been stably sitting here so no need to panic and think about its death.
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freightjoe (OP)
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December 02, 2018, 02:35:59 PM |
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ETF or no ETF I don't think bitcoin would die easily ,there are many reasons why bitcoin is still strong and stable at 6000plus ,so far for this year I have seen only stability of bitcoin
Why people are thinking about bitcoin's death? don't sum up that its going to be easy for a well established coin and investment to be brought down quickly. $6,000 isn't a bad price and we've been stably sitting here so no need to panic and think about its death. And then - again ! - we go to a new and lower level
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EmJay
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December 02, 2018, 03:17:03 PM |
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
I Agree with your explanation but because bitcoin ia cryptocurrency it is subject to change. The prices are going ups and downs and we are now on its worst level but I am.expecting it to goes up again like before . I don't think bitcoin will end soon. It will continue to grow once it recovers.
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CryptoSmile
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December 02, 2018, 03:23:26 PM |
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Indeed, the facts mentioned can not be denied, but if we look at the price of bitcoin some time before, of course we still say that bitcoin remains the best with the highest price and still gives hope for a good future. I believe that the price of bitcoin will rise again, although it may not reach the highest peak ever. But for me hope that it will always be there, and we should be patient to wait and still believe in the strength of bitcoin.
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tanxpresisit514
Newbie
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Activity: 75
Merit: 0
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December 19, 2018, 07:22:29 AM |
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Many people think that the decline that happened this year will make bitcoin die, trust in bitcoin starts to fall and some bitcoin owners think that bitcoin will not rise as high as it did at the end of 2017 where bitcoin reached $ 20,000. But I feel that this is the bitcoin that we must understand as a long-term investment, so they lose confidence in bitcoin and slowly leave bitcoin, but I am still confident in the strength of bitcoin and will continue to be patient, because I believe the bitcoin price will rise much several years to come.
Bitcoin this year has experienced a very sharp decline, up to the range of USD 3,000. But I am sure that bitcoin will rise again and will not be abandoned by its users. Bitcoin proves to be able to get through this year's crisis, where next year will be victorious again. Bitcoin will be increasingly popular and more merchants are willing to accept bitcoin.
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KingScorpio
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December 19, 2018, 07:37:48 AM |
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its pointless to say you whats going on, because the idiots in this forum want to believe their bear/bull trash ONLY. and they want everyone else to believe the bear/bull trash ONLY.
so good luck with that.
next dip will get even worse
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btyco
Copper Member
Jr. Member
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Activity: 364
Merit: 4
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December 19, 2018, 07:48:18 AM |
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The bull run seems to have started already so the next step is important. A move up or sideways will prevent it from a continued death spiral and ensure that there is a strong future ahead
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cetald
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December 19, 2018, 01:40:26 PM |
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
Bitcoin death is out of the question. If only because the current recession is not the biggest in the history of bitcoin. Not to mention the capitalization of tens of billions of dollars.
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johnny508
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Activity: 139
Merit: 13
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December 19, 2018, 03:55:19 PM |
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Of course Bitcoin prices are moving further low because today many things are happening against bitcoins progress like restrictions or regulations by governments, bad news from popular media sources, huge amount bitcoin pumping to the market due to other altcoin ico projects because many of the holders are investing using bitcoin and for reasons bitcoin price is dropping rapidly than we anticipated but these things can be changed in the future because we cannot think that the above things will keep happening forever
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TheLoser
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Activity: 462
Merit: 10
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December 19, 2018, 04:13:41 PM |
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The bitcoin market is not predictable and this year has become bearish . But not everything is so bad and I think that soon everything will change and bitcoin will again reach its previous highs .
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phelbaby
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December 20, 2018, 02:23:24 PM Last edit: December 20, 2018, 02:40:24 PM by phelbaby |
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The market is actually a one that you cannot predict,and short term investors stand to panic as the dip goes more dipper,patient and long term investors gets the best from Bitcoin.
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BitBustah
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December 20, 2018, 02:31:32 PM |
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Bitcoin can act as a store of value, it doesn't necessarily need to derive all of its worth from use and network effect. Only a small amount of gold is actually used but the total marketcap it has is in the trillions. What gives bitcoin value is the limited supply and ability to transfer high amounts of wealth across the world with great ease.
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ardhigalau
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December 20, 2018, 03:02:02 PM |
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Bitcoin has been reported to have died more than 300 times, then what's your problem? I'm fine here even though prices go down a lot.
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gabmen
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December 20, 2018, 05:20:32 PM |
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Bitcoin can act as a store of value, it doesn't necessarily need to derive all of its worth from use and network effect. Only a small amount of gold is actually used but the total marketcap it has is in the trillions. What gives bitcoin value is the limited supply and ability to transfer high amounts of wealth across the world with great ease.
Yeah but people don't see it like that though that's the thing. It should be pretty plain to see that these dips and rises will come and go probably for years until btc reaches a point where it's value is second only to it's practical use.
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Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
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FedorIzmailov
Jr. Member
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Activity: 238
Merit: 1
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December 20, 2018, 05:25:18 PM |
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as we see that 3k dollars already bitcoin touched but this does not mean that he will die
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zahed
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December 20, 2018, 06:03:40 PM |
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Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral
Bitcoin price was looking stable (Sep 6.2018-Nov 14.2018) within 6500$ circle. Than dip is too deeper from Nov 14 dumped below 6000$ than dip is more stronger even gradually touched 3000$+ but finally peak the market from previous week.
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abojamal
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December 20, 2018, 09:33:12 PM |
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I notice that all your subjects are going in the same direction Doubt the btc and you are always repeat The btc is dying I do not really understand your position If you do not believe you can leave You only discuss prices This is a big flaw The btc is much larger than the price and prices will improve with overall adoption.
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minhlee95
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DIA | Data infrastructure for DeFi
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December 20, 2018, 09:39:07 PM |
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I agree with you, the position of the current bitcoin price is just terrible. But I still continue to believe that this is not a sign of the end, but only a temporary difficulty.
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