Bitcoin is just one coin...

[electrobit]

Keep calm and stop to see this as an exchange... We all realise that Satoshi made a wonderful economic system that's changing the world right now. More than 75% of bitcoiners is taking this like a bubble, where you should buy and go off when you earn the enough or till you "grow rich". Let´s realise the real insight of Satoshi was to make payment system method clearing the need to trust in a thirdparty and to clear the double spent in transactions. Let´s start to use the Bitcoin as it should do be taken and realise that another incredible advance is the Blockchain technology.

I am seeing many people getting worry because of Bitcoin is going down its price, this kind of people should read the Bitcoins whitepaper, and to stop to treat bitcoin as another fiat currency. This is just a thought about all I am watching in this forum and in others social sites where people is just taking this as another exchange to make trading and they are´nt watching what we have in hands. The chance to change the world literally and the opportunity to make worth the economy worldwide...

 

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[pooya87]

More than 75% of bitcoiners is taking this like a bubble,

and how did you come up with that number? just guessed a random one

I am seeing many people getting worry because of Bitcoin is going down its price,

i had to double check my eyes to make sure you posted this TODAY!
these days those type of people who worry about a price drop are no longer with us. the "weak hands" have been flushed out of the market, at least most of them anyways. not to mention that price has not been going down for a couple of months now. so i don't know where you are looking to "see" many people worried!

the only thing that there is right now, is people getting uneasy about why bitcoin is not shooting up like they think it is supposed to. and also another fear of ETF but that fear has been shrinking each time SEC rejected a new one in the past couple of months.

[Lizzyflower]

As a bitcoin believer and investor, I have to realization that bitcoin is just more than price speculations. Been able to send cash abroad to a friend without having to pay the high bank cost and been able to beat the bank transaction limit of transfer is something to glory about. The speed and its certainty are factors to be happy able.

[electrobit]

and how did you come up with that number? just guessed a random one

"Just stand up from your computer and watch through your window..."

 

[electrobit]

More than 75% of bitcoiners is taking this like a bubble,

and how did you come up with that number? just guessed a random one

I am seeing many people getting worry because of Bitcoin is going down its price,

i had to double check my eyes to make sure you posted this TODAY!
these days those type of people who worry about a price drop are no longer with us. the "weak hands" have been flushed out of the market, at least most of them anyways. not to mention that price has not been going down for a couple of months now. so i don't know where you are looking to "see" many people worried!

the only thing that there is right now, is people getting uneasy about why bitcoin is not shooting up like they think it is supposed to. and also another fear of ETF but that fear has been shrinking each time SEC rejected a new one in the past couple of months.

In this case with you, this doesn´t apply for you. You are intelligent.

[pooya87]

and how did you come up with that number? just guessed a random one

"Just stand up from your computer and watch through your window..."

 

i live in the basement, there is no window here, plus i am too fat to stand up without taking the chair with me

jokes aside, maybe 9 months ago when the price stopped shooting up and for a couple of weeks it only went down 75% of people were thinking bitcoin is a bubble but now that the drop has been over practically for a long time and hasn't been able to go below a certain level i seriously doubt that there is anyone left thinking after a 71% drop there is any chance of any part of a bubble remaining!

they may not be sure if a rise is to come or they may be scared that there is more drop left to bring a lower price but they certainly don't think it is a bubble.

[Spaffin]

You wrote everything right. While one of the biggest problems of bitcoin is that it is used primarily as a means of accumulating value, and not as a means of payment, which leads to inflation of its price. If the correct information in another thread with a link to the article that 111,000 bitcoins can be sold in the amount of $ 802 million, then bitcoin may soon fall in price very low. The only problem is that he pulls down the rest of the crypto currency.

[Pursuer]

If the correct information in another thread with a link to the article that 111,000 bitcoins can be sold in the amount of $ 802 million, then bitcoin may soon fall in price very low.

what you read in topics here is not usually correct!
I suppose you are talking about the SilkRoad drama that has been circling online for a while now. and I have to say it is mostly rumor and partly FUD trying to create panic. the only way selling on an exchange can push the price down is that if the seller wants to push the price down. otherwise only an idiot would sell a large amount in one go to give himself a huge loss.
not to mention that if you sell that much you won't even be able to withdraw the fiat. according to you it is $802 million, at least 50 red flags will be raised on your  bank account if you receive that much not to mention that the exchange is not going to even have that much fiat ready to just give it to you.

besides this was 5 days ago and price has been rising ever since. so you can already see how false it was.

[Faroxx]

I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.

[Vaflia]

I agree with you. I think people are wrong to worry about the price, they forget that this is a promising technology that actively changes our world now. And in the future, the price is sure to rise.

[electrobit]

I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.

That´s because you´re looking at Btc by a wrong way...

People should look btc as a currency, not as an investment.

[btc_angela]

Keep calm and stop to see this as an exchange... We all realise that Satoshi made a wonderful economic system that's changing the world right now. More than 75% of bitcoiners is taking this like a bubble, where you should buy and go off when you earn the enough or till you "grow rich". Let´s realise the real insight of Satoshi was to make payment system method clearing the need to trust in a thirdparty and to clear the double spent in transactions. Let´s start to use the Bitcoin as it should do be taken and realise that another incredible advance is the Blockchain technology.

Advance in Blockchain technology and Bitcoin is separate thing. Remember that there are countries which are against bitcoin or crypto but love Blockchain technology, like China. Where did you get that 75%? Yes, Satoshi wanted to be used for online payment but it could be also used as investment instrument right now.

I am seeing many people getting worry because of Bitcoin is going down its price, this kind of people should read the Bitcoins whitepaper, and to stop to treat bitcoin as another fiat currency. This is just a thought about all I am watching in this forum and in others social sites where people is just taking this as another exchange to make trading and they are´nt watching what we have in hands. The chance to change the world literally and the opportunity to make worth the economy worldwide...

 

I'm not worried. And why would we should be worried when the price is still going strong?

[eternalgloom]

I am seeing many people getting worry because of Bitcoin is going down its price,

I can almost guarantee you that those people have not witnessed all the previous bull runs and subsequent crashes or correction, whatever you may call it.
people who have been in the game a bit longer, know that this is just temporary.

Besides, we're at $7300 and before last years bull run really started, we were looking at bitcoin at around $1000.
In January and February 2017 you could get 1 bitcoin at under $1000 at certain days, that's under 2 years ago...

I have a couple of friends who got into crypto, just after that bull run started, some of them were almost panicking when the price went down after it hit 20k.
I was like: Yeah what did you expect? It was pretty clear that such a price increase wasn't sustainable.

[talkbitcoin]

I think it's hard not to worry about falling prices if you bought at peak. No one knows exactly what awaits us in the future, and look at how your Deposit melts every day - sad.

why did you buy at the peak? that's the question that you should have been asking. if someone waited the whole 2017 and didn't buy out of ignorance and then bought at ATH out of FOMO they deserve to lose money. it is not our fault.

[dablatair]

Hello,

You really can't fight against money and profit. Even if this is the best idea, the more pragmatic and free one for "everybody" as soon as money is taking in count you will always have people that want to earn money, make profit and manipulate the the market and the initial idea.

And as soon as we will have again a new increase you will have new people taht will come and want to make money and they will complain at the next drop.

It is a circle that never end, the same than in stock echange.

[Gozie51]

People should look btc as a currency, not as an investment.

How so do people see bitcoin as just a currency be its way of operation and interaction with economic fundamentals is quite different from what we understand or see currency/fiat to be.

How many currency fluctuates just the way bitcoin do even in a day? A fiat can be devalued maybe during warfare and with expectation and understanding by generality of the people but bitcoin isn't that way. Bitcoin can make 50% gain in a day just like we saw last December and lose 25% the next day. The fluctuations obviously makes it drag in the investment aspect with it.

[spadaccino]

it's a currency indeed. You can buy stuff and things online and offline too ( even if it's not the best for that kind of purpose , it does its job done ). Because everyone in the world now know what are we talking about, more and more merchants will offer this type of payment in the next future to come. You can speculate too and many are doing in trading, but that was not the main reason they developed such a revolutionary internet currency.

No more cash or credit card please.

[minhnguyenqh8395]

Block chain in general and crypto in particular will change the world forever. Bitcoin, which is the start of Blockchain, is the best coin! It's not a payment method, it's a trust of people about Blockchain! Only Blockchain die, bitcoin will die, and bitcoin die, blockchain die too.

[CAPTEZECC]

I am very happy to know that there some persons that can still talk about bitcoin like this, people that really know what bitcoin is and what it stands for, all these guys that are after quick riches should better understand this or find their way out of the community.

[khufuking]

Well here is the reality Bitcoin is not just a currency like the way it meant to be in first place, a lot of people treat Bitcoin as just an easy way to make money.