Steady, permanent growth is possible - this is OUR opportunity to turn things

[dogtana]

The reason for market crash is greed and fear. People didn't really believe in Bitcoin and other crypto currencies. They didn't believe in value of crypto, the vision, the future, the growth. They feared the growth is not sustainable so when they feared the price got too high, they started to panic and sell sell sell...giving the impression all it was, was a Ponzi scheeme. Some gained and most lost. Those who gained however missed an opportunity to gain even more.

If crypto grows permanently, steadily, if it becomes mainstream, everyone will benefit, noone will lose. If greedy scared people do massive sell-off after next bull run, we will see the same depression happen again.

So think about what you want, do you want to prosper and see others prosper as well, do you want a future that entails wide usage of crypto or do you just want to gamble if you will sell on time?

This is our opportunity to turn things around. Don't blow it, people.

[1713861758]

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[vv181]

Steady and permanent growth means parabolic market movements. A something that to good to be true. Cryptocurrencies indeed still at an early age, a large of room for improvements are still needed. I believe we haven't yet reached a wide mainstream impression for the cryptocurrency. Just let the market flow as it is.

[BrewMaster]

since you are talking about crypto not bitcoin you are very wrong about 90% of the things you just said. most of them are scams, are ponzi schemes,... and they have been pump and dumping and that is why they have been dropping constantly while bitcoin was stable and staying above $6k all this past couple of months.

a steady and permanent growth requires an steady and permanent adoption. but it does not exist for altcoins. majority of people see them as a method of making good profit in short term as they get pumped and give them up just as easily too since they get their profit they were looking for.

if you want Steady, permanent growth of "crypto" then go to the shops around you and start trying to convince them to accept the "crypto"currency you have in mind. and see what happens. then also do it with bitcoin and see what happens.

[dogtana]

since you are talking about crypto not bitcoin you are very wrong about 90% of the things you just said. most of them are scams, are ponzi schemes,... and they have been pump and dumping and that is why they have been dropping constantly while bitcoin was stable and staying above $6k all this past couple of months.

a steady and permanent growth requires an steady and permanent adoption. but it does not exist for altcoins. majority of people see them as a method of making good profit in short term as they get pumped and give them up just as easily too since they get their profit they were looking for.

if you want Steady, permanent growth of "crypto" then go to the shops around you and start trying to convince them to accept the "crypto"currency you have in mind. and see what happens. then also do it with bitcoin and see what happens.

https://news.bitcoin.com/slovenias-shopping-center-btc-city-genuine-bitcoin-city/

I can pay with bitcoin just fine

[dogtana]

There are a few fundamental altcoins that will solve problems and SURVIVE. They are not competitors of Bitcoin and they can coexist. That is why I say crypto. Those who hold Bitcoin have nothing to fear from other fundamental altcoins because it will always be number one. Bitcoin is the most important crypto currency in existance. If it crashes, people see it as Ponzi.

[fudster]

That is not how people see it though. They see crypto to be real good and they trust the blockchain technology but its just how market does, people get their profit because after all it hits the ATH and they knew what comes up will eventually go down so they take profit but mind you those people buy back because they knew this market is way better than the old market.

[BrewMaster]

since you are talking about crypto not bitcoin you are very wrong about 90% of the things you just said. most of them are scams, are ponzi schemes,... and they have been pump and dumping and that is why they have been dropping constantly while bitcoin was stable and staying above $6k all this past couple of months.

a steady and permanent growth requires an steady and permanent adoption. but it does not exist for altcoins. majority of people see them as a method of making good profit in short term as they get pumped and give them up just as easily too since they get their profit they were looking for.

if you want Steady, permanent growth of "crypto" then go to the shops around you and start trying to convince them to accept the "crypto"currency you have in mind. and see what happens. then also do it with bitcoin and see what happens.

https://news.bitcoin.com/slovenias-shopping-center-btc-city-genuine-bitcoin-city/

I can pay with bitcoin just fine

first of all you are talking about all cryptocurrencies in your staring post and that is what my answer is all about, it is not about bitcoin. there currently are a lot of places where you can spend your bitcoin both online and offline.
secondly this example is just a tiny one in one small city that was created mostly to focus on bitcoin. it is even called BTC  city!

[dogtana]

since you are talking about crypto not bitcoin you are very wrong about 90% of the things you just said. most of them are scams, are ponzi schemes,... and they have been pump and dumping and that is why they have been dropping constantly while bitcoin was stable and staying above $6k all this past couple of months.

a steady and permanent growth requires an steady and permanent adoption. but it does not exist for altcoins. majority of people see them as a method of making good profit in short term as they get pumped and give them up just as easily too since they get their profit they were looking for.

if you want Steady, permanent growth of "crypto" then go to the shops around you and start trying to convince them to accept the "crypto"currency you have in mind. and see what happens. then also do it with bitcoin and see what happens.

https://news.bitcoin.com/slovenias-shopping-center-btc-city-genuine-bitcoin-city/

I can pay with bitcoin just fine

first of all you are talking about all cryptocurrencies in your staring post and that is what my answer is all about, it is not about bitcoin. there currently are a lot of places where you can spend your bitcoin both online and offline.
secondly this example is just a tiny one in one small city that was created mostly to focus on bitcoin. it is even called BTC  city!

You are wrong, the BTC in the name is short for goods trading center in translation. It exists since the nineties and it was NOT created to focus on Bitcoin It is a shopping mall that started to accept Bitcoin and I don't know if it already done, but it will accept some other crypto currencies.

I have realised the importance of Bitcoin but I also realise the importance of some altcoins. Make peace with it.

[cryptocrusher]

Steady and permanent growth is impossible. The laws of physics apply to prices too, everything that goes up must at some point in time come back down. In 10,000 years I doubt anyone will have much use for bitcoin.

[Gozie51]

I don't agree where you said people feared and sold because of the impression of being a ponzi scheme. I don't think so, that majority classify bitcoin like that. They might not have understood it but they know it does not operate as ponzi. Or do ponzi make use of blockchain, wallet etc.

They just got scared and decided to sell and cash out profit. Off course, nobody would have known when price was going to drop and that was why more unlucky people bought when the tower was ready to diminish 

[franky1]

steady permanent growth is already happening. and all you need to do just change your viewpoint

by standing at the tip of the ATH mountain or the tip of a monthly average high.. your not seeing it.
instead stand at ground level of the years LOW $5800.. and you will see the difference.

2016: always above $300
2017: always above $900
2018: always above $5800

[coinwizard_]

i think next year the price will be permanently above 10,000 in line with recent trends. There are still 3 months to go and as we know in crypto anything can happen. Like last year we will see and end of year pump so hodl those coins

[dothebeats]

Everyone's perspective of growth is relative; some people see growth in the lows and some are focused on the highs. As always, the grass is always greener on the other side and one might not be contented on what they might be seeing. For me, steady acceptance of the crypto in global communities is already growth, plus the fact that services are aiming for more secure platforms and whatnot. Price-wise, yearly lows say something greatly about bitcoin's market growth: every year's low is always higher than the previous year, meaning that something is increasing though we're not having explosive price action and broke the ATH.

Growth is present, one only needs to define what 'growth' are they actually looking for.

[budismile]

People feel scared Because a lot of coins are not clear that do Ponzi schemes and not a few people are in to by the scheme. Because the incident was heard by others, it made people around panic, then there was a significant decline in market prices.
I just hope, hopefully the ponzi scheme will not exist anymore, we as actors must be more selective in choosing decisions. so that everyone can profit and make crypto a digital currency that is recognized by all countries.

[Steamtyme]

Steady growth is possible. Permanent growth is not, but maintaining that growth through adoption and practical use is.

The reason for market crash is greed and fear. People didn't really believe in Bitcoin and other crypto currencies. They didn't believe in value of crypto, the vision, the future, the growth. They feared the growth is not sustainable so when they feared the price got too high, they started to panic and sell sell sell...giving the impression all it was, was a Ponzi scheeme. Some gained and most lost. Those who gained however missed an opportunity to gain even more.

If crypto grows permanently, steadily, if it becomes mainstream, everyone will benefit, noone will lose. If greedy scared people do massive sell-off after next bull run, we will see the same depression happen again.

Your understanding of the market and what was going on is a little skewed. You are not taking into account the human nature involved in FOMO. These would be the people who lost from the all time highs. They didn't lose because of people selling at that price they lost because they bought in at the ATH thinking it was going to continue growing at a ridiculous pace.

You mention people who where greedy and scared. I understand the fear sales as these people may be new, maybe invested with funds they couldn't afford to lose and sold. They are not a real issue, because there is always someone looking to buy the dips. The greedy part, may refer to the pump and dumpers, but that's what you should expect from an unregulated market lacking in adoption. If you mean the early adopters or anyone who had coins before the ATH selling to pull out some profits, what's wrong with that?

The best thing for Bitcoin IMO is when you see a big bag put up on the market, this is the opportunity to spread the wealth. Less coins in more peoples hands should be the goal.

[daarul50]

The reason for market crash is greed and fear. People didn't really believe in Bitcoin and other crypto currencies. They didn't believe in value of crypto, the vision, the future, the growth. They feared the growth is not sustainable so when they feared the price got too high, they started to panic and sell sell sell...giving the impression all it was, was a Ponzi scheeme. Some gained and most lost. Those who gained however missed an opportunity to gain even more.

If crypto grows permanently, steadily, if it becomes mainstream, everyone will benefit, noone will lose. If greedy scared people do massive sell-off after next bull run, we will see the same depression happen again.

So think about what you want, do you want to prosper and see others prosper as well, do you want a future that entails wide usage of crypto or do you just want to gamble if you will sell on time?

This is our opportunity to turn things around. Don't blow it, people.

Everything you say above is true. If people fully believe in crypto then the price movement will continue to be stable as it is now and will not experience a very drastic decline.

[pooya87]

i think you are too caught up in the price since you have only been caring about the profit making that you are forgetting that the "steady permanent growth" is already happening. it is just that the market is small and it makes manipulation possible, or even sometimes it doesn't even have to be manipulation instead only a sell off or buying frenzy that pushes the price in some direction. but that is only temporary price drama. in the end the "growth" is happening.

[mcnocon2]

Yes, many people says bitcoin is a bubble, that it has the ability to disappear all of a sudden. But it is not, the future of this world relays on cryptocurrency, if it succeeds we will see a cashless society that will make our payments more fast and secure. Removing all of the power from the government and giving the power to the people ,the community who have the rights to have transparency regarding this matter.

[1993jochico]

The reason for market crash is greed and fear. People didn't really believe in Bitcoin and other crypto currencies. They didn't believe in value of crypto, the vision, the future, the growth. They feared the growth is not sustainable so when they feared the price got too high, they started to panic and sell sell sell...giving the impression all it was, was a Ponzi scheeme. Some gained and most lost. Those who gained however missed an opportunity to gain even more.

I think they do, because they will not invest in this field and waste their money if they dont but some of them cant resist the volatity of it that cause them to quit.

Another reason is they are not focus on what they really want, they listen on both side's to the "supporter" and those who "spread FUD's" ---- this make them confused.

If crypto grows permanently, steadily, if it becomes mainstream, everyone will benefit, noone will lose. If greedy scared people do massive sell-off after next bull run, we will see the same depression happen again.

This will never happen, you cant control anyone.

[Spaffin]

Sustained, stable growth of Bitcoin and other cryptocurrencies is impossible in principle. In cryptocurrency, periods of ups and downs will always alternate, and it is precisely because of this that the market is growing so rapidly. This is not about the greed of people, people have always acted and will act in the market in their own interests and do not blame them for this.