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Author Topic: Where are the true believers of Bitcoin?  (Read 2133 times)
MoreMoneyHunt (OP)
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November 15, 2018, 12:48:51 AM
 #1

Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.

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November 15, 2018, 04:21:20 AM
 #2

this has nothing to do with crypto believers and newbie panic sellers this time. instead it is an attack against bitcoin that has been building up for a couple of weeks now from the BCH camp, mainly Craig Scammer Wright. in case you missed it the propaganda machine has been actively spreading FUD and lots of lies about how they are going to dump bitcoin. then the manipulation came and with a small drop the bots with their stop losses went crazy hence the current price.

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November 15, 2018, 04:30:24 AM
 #3

Laughing at the cry babies who follow the price lol


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November 15, 2018, 04:37:43 AM
 #4

Relax. We are nowhere near panic time.

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November 15, 2018, 05:58:10 AM
 #5

Wait, who's panicking? The usual clickbaity articles all over the internet? Lol. The entire market is in the red, so it's not like it's solely Bitcoin's problem. Everything will bounce back like they always do. It's currently speculated that the hashrate slide caused this, and if it's true, then it's completely a non-issue; it was from a knee-jerk reaction from Chinese miners.

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November 15, 2018, 06:07:01 AM
 #6

Some people make false news, fud on the internet everywhere. I have seen in this year BTC didn't grown and it stucked at the 6500 USD.

If you are serious on BTC, then its right time to quit including alt coins.

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November 15, 2018, 06:13:38 AM
 #7

Be patient in the face of a red market, don't panic all the time to get up. Hoping that next year the value of bitcoin will improve. Let's just say that currently bitcoin is being corrected and true investors will take advantage of this condition.

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November 15, 2018, 06:57:35 AM
 #8

Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.
Indeed. Most people or user are quitting bitcoin just because the price is very low right now. But I know that it's just the same like last year. For today, the price is low but next year, it will rise again.
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November 15, 2018, 07:09:52 AM
 #9

Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.
Indeed. Most people or user are quitting bitcoin just because the price is very low right now. But I know that it's just the same like last year. For today, the price is low but next year, it will rise again.

I dissagree, "most" people are either trading the market movements
or holding through this current market movement. And its actually
not that big of a drop, we saw this kind of swings last year.

R


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November 15, 2018, 07:17:04 AM
 #10




I am already so tired thinking what can have gone wrong this time that necessitate for the Bitcoin value to fall drastically. I have already accepted the fact that if Bitcoin is falling then let it fall as far as it can fall so it can then start rising again. This has been the same cycle, the same story, the same headline and the same thing all over again. Next year I might be leaving cryptocurrency once and for all as I am tired of all of these shenanigans.
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November 15, 2018, 07:58:24 AM
 #11

the true believers of bitcoin are the silent type. you never see them advertise their beliefs or the amount of bitcoin they own. there is no reason for that. they are simply accumulating more and more bitcoin before the big bang happens and we reach mass adoption.

the noisy ones are always the short term traders who are trying to earn "fiat" using bitcoin.

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November 15, 2018, 11:47:24 AM
 #12

I think at this time bitcoin is in the stage of price recovery because bitcoin tends to fall rather than up but this is a great opportunity if we use it in the form of investment because after this can be passed then the bitcoin will rise again and we can sell our assets as long as we can get a lot .
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November 15, 2018, 11:53:14 AM
 #13

I didn't see any panic yesterday, if anything people were surprise by the sudden drop since not many of the knew the whole war that's been going within the Bcash community and how some people are trying to manipulate the market. I think we got rid of the weak hands and panic sellers a long time, that's why the price didn't go further down, otherwise, we would've tanked to oblivion.

Also, the true believers are the ones who keep accumulating after buying at the dip.

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November 15, 2018, 12:12:07 PM
 #14

I don't panic and I'm just looking at the market on how its going to recover immediately. But it seems that its just getting started and we can expect more dips to come. I don't want to discourage others but OP is right, there's a lot of worst dips in the past.
I'm a true believer of bitcoin and will continue to encourage the new ones that this is very normal for a market that's very volatile.

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November 15, 2018, 12:21:08 PM
 #15

The one that panic is not crypto believer, it just the newbie or people that try to get profit from bitcoin, a true believer know that bitcoin still full of potential and the price already in a good track because there are rising every year, so there are no panic sell because we already knew the market well, and we even try to buy some more when bitcoin price fall down
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November 15, 2018, 12:27:54 PM
 #16

imo btc is suffering these price drops because too many people borrowed fiat to buy btc during the 2017 bubble

interest rates are now rising, so these investors are finding they have to offload btc to cover their borrowings

personal savings levels are low, after years of low interest rates, so with little ability to pour saved cash into btc people borrowed to get in, and got in at the wrong time - when the market was rising ...

add the tax obligations that have come with legitimacy, and it's no wonder btc has had a shocking 2018 thus far

too much hope for approval by wall st, and etfs, and so forth as well ...

reality is those parasites have just lapped up the opportunity to make tons in 2018 by shorting what ought to be a safe haven/savings haven/leg up into wealth and freedom, for millions of people around the world ...

im holding, but it rally sucks atm, all the same
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November 15, 2018, 12:48:15 PM
 #17

As always, I had my full trust with btc currency and with what happen in the current market condition, I believe this dip is just temporary due to manipulation of the price by bigger whales causing the market value to temporary drop. Consider this current situation as an opportunity in buying more btc at a very low price and a great promising profit could soon be gain. Just wait for the right time as btc will recover before the year end. Dont panic at all and stay cool and don't get affected in this bear market season.
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November 15, 2018, 12:49:27 PM
 #18

In my own opinion, there is really no need to be panic or whatever coz it's normal in the market due to volatility. Those who are panicking are noobs to be honest. Remember there are people who can manipulate the market but it's up to you if you're going to go with the flow or you'll just give up and let those manipulator wins.
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November 15, 2018, 02:11:30 PM
 #19

Bitcoin dropped in price and even the so called crypto believers and users begin to panic. Is it because we fail to learn? Why do people anticipate Bitcoin to have similar trend as last year December, 2017? This is not how crypto operate. Let's get this clear, Crypto is unpredictable and every user is expected to know this before joining the crypto space in order not to panic in times like this.
Study the history of Bitcoin and you will know that Bitcoin has even suffered worse dips than this yet recovered along the line. Stop panicking and start buying while it is cheap now.

until now the situation has not changed. even worse, what we have to do is stay calm. because if we panic, everything will affect the condition of bitcoin going forward. therefore we must be calm and not panic. we have to be sure that in the future bitcoin will be fine, and advice indeed for beginners must first learn about bitcoin, so that in the future we know how the conditions of bitcoin before advancing and increasing.
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November 15, 2018, 02:21:46 PM
 #20

We are here! and this dips are basically like early Christmas mega sale! Lucky are those that are just getting in. They will sure get the most bank for their buck. Lucky us also because we get to experience everything in this market. Whatever is happening it is always gonna depend on who is looking to see if it's good or bad. Bag time!  Cool
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