Sick and tired of the cryptocurrency bullshit!!!

[MikeGr]

Warning! Ranting ahead!

I am getting really pissed at the state of the markets. Despite positive news, the market is still pissing blood. Why?

Tons of videos on YouTube over and over again and again, hyping the crap out of this or that coin, anticipating something. But what for. The prices are not moving up when they should be.

What is the point of being excited when market is being manipulated by the most despicable creatures on the planet who see themselves above everyone else.

From my point of view it looks like TPTB saw people getting rich and becoming independent and they couldn't allow so many wealthy individuals in society so they came up with a plan to end this.

If you look at prices you can see how prices hardly change anymore. Heck most of the time Bitcoin prices remain at 0.00! in the hour! Why because they probably set up their bots to pump and dump their coins based on market movement to keep the price the same to prevent people from making money. This isn't so impossible to be true you know.

Just set up some bots and millions worth of money and when ever market provides a hint of an improvement dump it, and when even it going bad pump it. Keeping the prices relatively stable.

I mean why on Earth would anybody in their right mind sell, or setup their bots to sell when positive news is everywhere. It just doesn't make sense. It just an evil behavior that is all.

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[Maestro75]

You do not have to be depressed because of the crash in the market at present. Look on the bright side and enjoy this moment of stability with bitcoin price. For a long time we have not have this low and controlled volatility. Also, know that every business us controlled by the big monies. It is not with cryptocurrency alone.

[franky1]

saying a market should move based on emotion. is also bad
prics should move based on value rises where everyone who bought coins aove X wont sell lower than X meaning when they sell for X+1 eventually everyone values it at X+1

thinking the price should jump by 400% and stay up based on pure emotion and not based on values/costs is bad behavior

there is no real event that is currently happening to add real value to cause big rises.
however the markets are moving. just not causing a large spike some people want.

dont wait weeks months for 50%-400% spikes. instead take the small 1% changes and repeat. that way you will get your 50%-400% (cumulatively)

if you dont have the patience. then click the x at the corner of the price chart screen and watch some TV or plan out starting a business or other methods of making some money.

also remember the $20k was not a "value" price. it was a fluke of temporary emotional hype based on an event of november, which is not going to happen this november as the event that triggered it is not happening this year.

dont think the $20k is something that was suppose to have lasted. in short dont stand on a mountain looking down. stand at the ground level looking up

[adpinbr]

I get your point but being this irritated about the price will get you no where. use this as your advantage and be more practical in investing. Invest what you can handle to loss.

[avikz]

I have seen a lot of similar ranting while the price was going down. At each dip, I always found one or two such topics. However, this is somewhat new to me when I see someone ranting when the price of bitcoin is slowly stabilizing!

Also the argument is not really making sense to me because of the mention of some imaginary whale flooding the market with fake orders in order to keep the price stable! Really!!

I mean why would a millionaire trader keep on pumping and dumping at the same time to keep the market stable?? What's the reward that whale is going to fetch?? Think about all these factors! Bitcoin price stabilizing, is a good news for us! Only people who invested during late 2017, will not be happy!

[cryptocrusher]

as much as the majority of news is positive the extent of it is limited. There is a dearth of overwhelmingly positive news for the last 6 months or so, there are a lack of major technological breakthroughs and a lack of major market breakthroughs.

[proTECH77]

This whole thing is disheartly because, the market for quite sometime now has been found stable which no longer respond to the positive news either. This is very bad as it affect majority of investors who are currently holding a very large proportion of these coins.
If they will hold for a very long term they will smile home at last. "patience"

[angel55]

I agree with your statement OP but I think this will only be temporary.  I believe the wealthy individuals are manipulating the prices to stay low so they can buy coins at discount prices.  Markets always work in cycles and I firmly believe w will see much higher prices by the end of this year.

[Gabb]

Unfortunately, many people like OP got used to the fictitious bonanza that the market experienced throughout 2017, when any minimal rumor about the bitcoin skyrocketed the price to new historical records. And as happens in our dream travels, waking up from a pleasant dream is usually painful because it confronts us with the harsh reality.

And the reality of bitcoin is that its price was artificially inflated last year, and its current price seems much closer to what its historical trajectory could make us project, than the price of $20k observed last year.

So, humble yourself and appreciate that the price is sustained around $6,000 these days, because in my opinion there seemed to be even more room for the fall to be prolonged below $3,000.

[Hivalley]

Ranting about the price/value currently is not advisable,if only you've been Investing in this system for someone time you should be conversant with the market trends,then if not please note...

 The price of bitcoin doesn't simply just rise,numerous factors give rise to a pump...

Why have we been experiencing the bull all through the year,factors that could lead to a pump,havent actually taken place,that being said the price/value isn't at its worst stage except of course you were expecting too much..

  You can still invest in this market and maximize large profits,and note that the market remains what it is and that's decentralized,unpredictable and highly volatile

[gantez]

What is the point of being excited when market is being manipulated by the most despicable creatures on the planet who see themselves above everyone else.

In my own mind, I do not beef people who invested in the future they thought about and it worked out for them. They are business people and will decide how it will benefit their business first before any other thing is done.

We all still have the opportunity to own large unit of coin but we are still staring. No body will invest for us if we don't get up to take our decision.

[walemil]

The cryptocurrency price position can really be frustrating, especially for the people who invested with the hope of making tangible profit within the shortest time. All you can do is to have courage and patience. Cryptocurrency market is going to be good in future and you will be glad you waited.

[DAVETUN]

You need not to get tired or sick in crypto, the bearish and bullish state are both filled with opportunity,understand that this is just a phase that is sure to be overcome, better plan are ahead always as the market is sure to overcome its bearish period, always ensure you take profit for every season in order to to get the best out of the crypto space.

[Bulol]

You need not to get tired or sick in crypto, the bearish and bullish state are both filled with opportunity,understand that this is just a phase that is sure to be overcome, better plan are ahead always as the market is sure to overcome its bearish period, always ensure you take profit for every season in order to to get the best out of the crypto space.

Agreed on this, when diving into cryoto you must set aside your emotions.

[vv181]

I mean why on Earth would anybody in their right mind sell, or setup their bots to sell when positive news is everywhere. It just doesn't make sense. It just an evil behavior that is all.

And why on earth people whining on a bearish market situation. It does make any sense. Cryptocurrency isn't a get rich quick scheme method. There is indeed some market manipulation but the market is purely speculative based on supply and demand. there is no need to complain about the market, just let the market flow. we just need to sit patiently.

[letsfly]

If you doesnt have a lot of patience and too emotional on your investment, I think this is not the right place for you. Crypto market and other trading market as well has its bearish and bullish trend. Unfortunately , we are on a bearish for a long time now .

[Impulseboy]

It is okay to be frustrated about the state of the market, however, there is also really nothing we can do much about it but just to wait until it gets back up again. It can be tiring and annoying to wait because the price is immovable at most, but our anger will also do nothing to change the price. Just be patient. Hopefully, the price will rise soon.

[Slow death]

I am getting really pissed at the state of the markets. Despite positive news, the market is still pissing blood. Why?

and where are the news that are so positive that can cause the price to increase immediately? Are you talking about ETF? This will only be possible next year. Are you talking about Bakkt? this will only take effect in a few months. as you can see, we do not have good news that could cause a great increase of immediate prices. Do not be so worried, relax and wait. this is a long-term investment.

It is okay to be frustrated about the state of the market

in the case of OP is worrying, he said this: " Sick and tired of the cryptocurrency bullshit!!! "

[Twentyonepaylots]

It is okay to be frustrated about the state of the market, however, there is also really nothing we can do much about it but just to wait until it gets back up again. It can be tiring and annoying to wait because the price is immovable at most, but our anger will also do nothing to change the price. Just be patient. Hopefully, the price will rise soon.

  Wow, getting frustrated in this Crypto Currency Market is a losing statement, nothing or gain nothing from being frustrated, one should note that from the start if you were able to understand the Market Volatility, then you may have not enter or invest or put investment in any of the posted coin in the market.

[KonstantinosM]

Just put the following in your head. Markets are not rational.


The positive news can draw in newcomers that would exchange fiat for crypto and thusly raise the price.

But of all the new people we could draw, a lot have already joined us and a lot of others simply think that bitcoin is a ponzi scheme or whatever.

I think that the market can gain steam again once we're solving problems and creating real value for people, having farmers sell their product for bitcoin and then being able to use that bitcoin to buy farming equipment would be powerful.  Creating second layer solutions to increase transaction throughput would be powerful. The market price itself rising creates illogical bull-runs.


Do you really wanna see 50k within the year even if it means another huge crash that brings us back to 10k? I think what we're trying to build here transcends short term prices.



Also if you truly believe in that conspiracy that would mean that there would be someone out there selling bitcoin below market value. If that was true they would just be throwing money away, and you could potentially pick that money up, either through investing in the exchange itself or even trading against them (being on the other end of their trades).

I don't believe that there is such a conspiracy.