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Author Topic: bitcoin bankruptcy  (Read 1343 times)
3kpk3
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November 16, 2018, 06:57:19 AM
 #21

Why in the world would anyone depend on cryptocurrency earnings for their daily wages? This is a very risky gamble and anyone with half a brain knows that much. 2017 is an exception when talking about the crypto market.

No one knows when the market might rally again in an insane manner like in 2017. It might happen next year or after several years, but will definitely happen in my opinion. You need to play the long game if you are looking to secure big profits in this market.


demenBTC
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November 16, 2018, 07:09:26 AM
 #22

Has it gone bankrupt? If you held 1 bitcoin last year, you still hold 1 bitcoin this year, how does it go bankrupt?
Don't always stare at the market, it will make you tired, put your bitcoin in your wallet, then go out on vacation, after 2 years you open your wallet again, you will get what you want.
yep, you are absolutely right, regardless of the current bitcoin price will still be worth the same in ownership, 1 bitcoin will remain 1 bitcoin forever
but as a trader it might want to do something in crypto not just to take a vacation, your advice is very good but that doesn't mean to people who feel they have lost thousands of dollars


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entebah
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November 16, 2018, 07:21:50 AM
 #23

Why in the world would anyone depend on cryptocurrency earnings for their daily wages? This is a very risky gamble and anyone with half a brain knows that much. 2017 is an exception when talking about the crypto market.

No one knows when the market might rally again in an insane manner like in 2017. It might happen next year or after several years, but will definitely happen in my opinion. You need to play the long game if you are looking to secure big profits in this market.


Yes, it's true, on the basis that we have to be careful if we want to invest in Cryptocurrency, we have to think about our losses first if we want to participate in Bitcoin investment, don't immediately think profit, because we can see that the price of Bitcoin has fallen very deeply from the price is $ 6300 and now it is $ 5500, really if we buy above and now the price falls, then our funds get stuck far enough. So crypto is very high risk.

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November 16, 2018, 07:30:25 AM
 #24

Has it gone bankrupt? If you held 1 bitcoin last year, you still hold 1 bitcoin this year, how does it go bankrupt?
Don't always stare at the market, it will make you tired, put your bitcoin in your wallet, then go out on vacation, after 2 years you open your wallet again, you will get what you want.
yep, you are absolutely right, regardless of the current bitcoin price will still be worth the same in ownership, 1 bitcoin will remain 1 bitcoin forever
but as a trader it might want to do something in crypto not just to take a vacation, your advice is very good but that doesn't mean to people who feel they have lost thousands of dollars
haha
Yes I a gree with you maybe because at today's prices many people lose thousands of dollars. Either what happened to Bitcoin

BitcoinHodler
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November 16, 2018, 07:30:53 AM
 #25

if you can not handle a small fluctuation in bitcoin price then you should never invest in bitcoin because that is what you will always get, fluctuations. and they are perfectly normal.
expecting price to drop down to the ground just because it dropped a little is just dumb. it is as dumb as thinking it will go to $10 million just because it increased a little.

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November 16, 2018, 07:47:05 AM
 #26

Craig wright claimed to be satoshi nakamoto which proves that he is full of bs. And as he is the reason for this dump proves even more that he is definitely not satoshi

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ridertiger
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November 16, 2018, 07:49:19 AM
 #27

Well, I dont agree with bitcoin being 1k. It is all these stupid BCH people fightning among themselves.
BuyBuyBitcoin
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November 16, 2018, 08:03:01 AM
 #28

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

Keep trusting the federal reserve to "fix" the problem?

They covered up a depression by printing money last time, surely they have a plan ready to keep printing somehow. 
https://www.forbes.com/sites/cameronkeng/2018/10/23/recession-is-overdue-by-4-5-years-heres-how-to-prepare/

Then Brexit hits the Pound and the Euro once that mess is "figured out."
https://www.theguardian.com/business/2018/nov/15/pound-falls-steeply-as-brexit-resignations-rock-the-government

Italy is arguing with the EU about their budget still
https://www.reuters.com/article/us-italy-budget/italys-central-bank-chief-warns-on-rising-borrowing-costs-gdp-slowdown-idUSKCN1N51XN

South America's currencies all suck, the Rupee will probably die. Are we all going to move to the Yen, Lira or Ruble?

Bitcoin is going to be massive or everything is going to crap.

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Tamilson
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November 16, 2018, 08:22:30 AM
 #29

Well, I dont agree with bitcoin being 1k. It is all these stupid BCH people fightning among themselves.

Let's get this fork done, I'm getting tired of the drama and let's move on.
It's kinda weird that last year when bitcoin had fork, the price didn't dump too much but when bch fork the price had gone to its senses. Let's wait what happened next to those fork coins that came up from a fork. I'm betting it will all be shit regardless of how powerful of their team.

Happy Coding Life Smiley
dewildance
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November 16, 2018, 08:29:29 AM
 #30

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

I think, you've not seen Bitcoin bull! No one says that market has risks. Unlike, all market full of risks. Prices can decrease %90 in a day or increase 200x. For a now, everytihng is possible. Know that and decide after it.
denzkilim
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November 16, 2018, 08:37:50 AM
 #31

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.
Didn't you know that Bitcoin isn't an investment and even if you read Bitcoin's White Paper there is no sign that it is an investment type of Currency or asset? Bitcoin is an electronic cash system that was created by "Satoshi Nakamoto" the founding father of this technology and he never ever told anyone or everyone to invest in this kind of payment and cash system. And one more thing you talk like you know, nothing about this technology called Bitcoin rather than an investment medium that those FOMO spreaders might tell you and you look like some people told you some misled news about Crypto Currencies.
Investing in Crypto Currencies doesn't assure you that your money will be back at you multiple time folded and whoever told you that definitely, that person is a liar.
It is better to acquire a lot of knowledge before doing stuff that you don't really know especially if there is money involved with it. Cool

Pursuer
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November 16, 2018, 09:14:18 AM
 #32

Well, I dont agree with bitcoin being 1k. It is all these stupid BCH people fightning among themselves.

Let's get this fork done, I'm getting tired of the drama and let's move on.
It's kinda weird that last year when bitcoin had fork, the price didn't dump too much but when bch fork the price had gone to its senses. Let's wait what happened next to those fork coins that came up from a fork. I'm betting it will all be shit regardless of how powerful of their team.

drama has always been a part and parcel of bitcoin market. some people are even addicted to it since they hang out so much in this market! what we need is a lot more market maturity so that it doesn't react emotionally to the drama.
from what I can see we do have some level of market maturity as the reaction this time was pretty small considering...

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Roidz92
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November 16, 2018, 09:20:21 AM
 #33

Probably you are drunk while writing this post, BUT.. what the hell are you doing? You are down 4000$ in loss? If yes, it's ok.. do you know who is the fault? guess what? it's yours, because you are a bd trader, or more probably because you listen other people.
BitFinnese
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November 16, 2018, 09:44:47 AM
 #34

A person will be surely be bankrupt in Bitcoin if they give too much confidence in this market without considering the too much risk. You should not easily to listen from the others like Bitcoin will sky rocketing and invest but rather search and review well the market movement first before engaging, its just like making sure you're right then go ahead so that you will not sounds regretting in the end.

Investor can get bankrupt if they sell at a loss.  Simple as it is, just hodl.  This is not permanent and I believe we can soon see corrections and recovery. 

I believe this is only a disaster to investors who put their all in buying BTC when its peak and they have no other means of income and were forced to sell their holdings since they need to for daily expenses.
wndrbr3d
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November 16, 2018, 09:51:24 AM
 #35

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.
Weak hands always capitulate first  Smiley
It funny to read about "Bankruptcy" and "4000$ price" because just 1.5 years ago, its price was ~1600$.
If you are free of any loans, HODL is the best tactic now.
The Seller
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November 16, 2018, 10:04:17 AM
 #36

A person will be surely be bankrupt in Bitcoin if they give too much confidence in this market without considering the too much risk. You should not easily to listen from the others like Bitcoin will sky rocketing and invest but rather search and review well the market movement first before engaging, its just like making sure you're right then go ahead so that you will not sounds regretting in the end.
That's right, too many people think that bitcoin is a way to get rich quick so it flocks to invest without considering risks. And too many of them believed in rumors circulating, so panic always imagined him.

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November 16, 2018, 10:24:11 AM
 #37

Bitcoin is a decentralized currency. Yes its like freedom but feels like bankruptcy when you invest all your money in it. One should invest what one can afford to loss.
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November 16, 2018, 10:31:33 AM
 #38

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

Keep trusting the federal reserve to "fix" the problem?

They covered up a depression by printing money last time, surely they have a plan ready to keep printing somehow. 
https://www.forbes.com/sites/cameronkeng/2018/10/23/recession-is-overdue-by-4-5-years-heres-how-to-prepare/

Then Brexit hits the Pound and the Euro once that mess is "figured out."
https://www.theguardian.com/business/2018/nov/15/pound-falls-steeply-as-brexit-resignations-rock-the-government

Italy is arguing with the EU about their budget still
https://www.reuters.com/article/us-italy-budget/italys-central-bank-chief-warns-on-rising-borrowing-costs-gdp-slowdown-idUSKCN1N51XN

South America's currencies all suck, the Rupee will probably die. Are we all going to move to the Yen, Lira or Ruble?

Bitcoin is going to be massive or everything is going to crap.

Everything will be crap, at least fiat is economic crap with which people know how to deal with. How you think Bitcoin will grow if every other one currency is falling?
rudox
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November 16, 2018, 10:49:51 AM
 #39

Feel more like we are going to see the new support at about $5000. The expected rally did not happen instead what we got was more bears entering the market and depleting our pockets more and more. This is really bad. Hoping to prosper venturing into cryoptocurrency but now the reverse is the case as I am being impoverished.
Jazia den Bairs
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November 16, 2018, 12:23:47 PM
 #40

decentralized currency. feels like freedom but really feels like bankruptcy. down 4000$ this week. hard earn money gone. last two months suppose to be a bull run the signs are everywhere. how did it tank . so sad . the dip keeps on dipping. when u btfd but it betrayed u. not sure how the upcoming recession is going to react to bitcoin. sounds like 4500 a bitcoin. sounds like getting rekt sum more.

BTC dipped 85% in 2014 from its original price. Right now its around 71% down. Don't worry buddy, everything is alright.
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