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Rahar02
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November 20, 2018, 08:57:05 AM |
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Dare I ask where you think the next destination is?  The bottom isn't here yet, bitcoin actually heading to $3000, probably. According to bitcoin momentum predictions technical analysis the way the market behaves. Look at the daily transactions of bitcoin that are happening on chain as a way to measure it. Early bear phase mean daily transactions value have dropped right down to around 100K per btc that is moved every day on chain. Late bear phase is when the daily transactions values are rising to 250K bitcoin per day. Who's to blame? Blame to all of the people who following the market sentiment to panic sell. There are two group of people, short-term traders and long-term holders. Short-term traders aim for profits in panic sell market, have sold at $8K and buy back at the bottom, they can make more than 100% profits. |
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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figmentofmyass
Legendary
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Activity: 1652
Merit: 1483
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November 20, 2018, 09:10:15 AM |
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Blame the pumpers not the dumpers.
Bitcoin was never worth $19k
is it always just a pump and dump? the bubbles, i mean. if so, why are we always trending up over the long term? was it not worth $1200 back in 2013 either? 19k usd 🤗 , man are you high?? Bitcoin is not even 4k usd worth.
how do you figure? i mean, how do you quantify something like that? i figure it's worth whatever the market says it's worth. right now, that means $4400...... |
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bigtitsmomma
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Activity: 90
Merit: 13
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November 20, 2018, 12:10:16 PM |
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Blame the pumpers not the dumpers.
Bitcoin was never worth $19k
is it always just a pump and dump? the bubbles, i mean. if so, why are we always trending up over the long term? was it not worth $1200 back in 2013 either? 19k usd 🤗 , man are you high?? Bitcoin is not even 4k usd worth.
how do you figure? i mean, how do you quantify something like that? i figure it's worth whatever the market says it's worth. right now, that means $4400...... Its useless to talk commonsense to those who live in delusion and those who do not understand scams, bubbles and ponzi scheme. They were talking 1m when it was 19k. Now its not even worth 4k when it is plummeting. Bubbles are not worth even $1 buddy. bitcoin is 'probably rat poison squared' - Warren Buffet In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending - Warren Fucking Buffet If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it - Warren Again Fucking Buffet Idiots think they know more about investments than Warren Buffet. |
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Dodoymabs
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November 20, 2018, 01:22:32 PM |
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I think there's nothing to be blamed because from the start we know what volatility means. This is what is happening right now which shows not only about price increase but also in an opposite direction. As what we already seen for over the past years, cryptocurrencies behaves unexpectedly. People do transaction everyday which it comes from a different reasons so there's no point to whom we should be blamed.
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Hasbro27
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November 20, 2018, 01:31:28 PM |
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I don't think we can accuse and blame others, the situation now must have been made by a group that has a big influence on the cryptocurrency market, I am also confused by the current situation because almost all cryptocurrency prices have declined in just a few days.
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MuffinMaster
Sr. Member
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Activity: 1414
Merit: 265
Pepemo.vip
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November 20, 2018, 02:01:21 PM |
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Blame the pumpers not the dumpers.
Bitcoin was never worth $19k
19k usd 🤗 , man are you high?? Bitcoin is not even 4k usd worth. I am very curious what you will say when the price of Bitcoin reaches the level of $50k - probably the same.. Bitcoin price can not be accurately estimated. The same as it was with tulips.. basically tulip seeds.. Well, not really. The difference is that Bitcoin has a certain amount, so the demand can make everything with the price. It all depends only on whether people will want to use it or not. And you can not do anything about it - it will be valued by the market, not by you ...  |
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jamids
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November 20, 2018, 02:05:52 PM |
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I don't think we can accuse and blame others, the situation now must have been made by a group that has a big influence on the cryptocurrency market, I am also confused by the current situation because almost all cryptocurrency prices have declined in just a few days.
Those who can influence the price started it and then panic selling strike that's why the price is what it is now. Many people didn't expect that it would go below $5k that's why a lot got liquidated and then now, it seems that the price is bouncing back so if you are still brave enough to have a position then do it and always exercise risk management because a lot of people nowadays do regret not placing a stop loss. |
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mr.mister (OP)
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November 20, 2018, 06:55:18 PM |
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I think there's nothing to be blamed because from the start we know what volatility means. This is what is happening right now which shows not only about price increase but also in an opposite direction. As what we already seen for over the past years, cryptocurrencies behaves unexpectedly. People do transaction everyday which it comes from a different reasons so there's no point to whom we should be blamed.
wARREN bUFFET is protecting his interests. You can't be serious in valuing his opinion, can you? |
Bitcoin Cash (BCASH) is NOT the real Bitcoin
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justdimin
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November 21, 2018, 07:34:02 AM |
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How do you figure bitcoin doesn't worth 19 thousand dollars ? Or it worth 4 thousand dollars ? Is there any way to calculate that outcome in your mind ?
Do you have a proper logic that would be easily explainable to everyone why it doesn't worth something and it worth something ? I think there is no logic aside from the market. I believe bitcoin worth what the market says it worth because that is the only thing that keeps any currency high as well.
When there is no need for Turkish Lira in the world and people stopped using it and sell their Turkish Lira for US Dollars because of sanctions and what not, price of Turkish Lira dropped like crazy, which means just like in Bitcoin world when something has a value it shows in the market and when it doesn't you can see it in the market again.
Bitcoins worth 19 thousand dollars when people say it worth 19 thousand dollars and Bitcoin worth 4 thousand dollars when people say it does. There is no other way to calculate its actual value.
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iMark
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November 21, 2018, 10:11:07 AM |
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Dare I ask where you think the next destination is? The bottom isn't here yet, bitcoin actually heading to $3000, probably. According to bitcoin momentum predictions technical analysis the way the market behaves. Look at the daily transactions of bitcoin that are happening on chain as a way to measure it. Early bear phase mean daily transactions value have dropped right down to around 100K per btc that is moved every day on chain. Late bear phase is when the daily transactions values are rising to 250K bitcoin per day. Who's to blame? Blame to all of the people who following the market sentiment to panic sell. There are two group of people, short-term traders and long-term holders. Short-term traders aim for profits in panic sell market, have sold at $8K and buy back at the bottom, they can make more than 100% profits. short-term trader, they can sell bitcoin at any time and produce panic selling and they can buy again in lower price and profit later. but we cannot blame them, because that's what traders have to do? but I blame many users who are very sensitive to the weakening of prices and news, they easily panic and fear. |
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aris av
Copper Member
Jr. Member
Offline
Activity: 409
Merit: 1
The Standard Protocol - Solving Inflation
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November 21, 2018, 03:31:24 PM |
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There is no need to blame others, we join crypto from our own consciousness and there is no compulsion. And in this decline, it's better to be calm and be patient, panic will only make us more fragile.
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okala
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November 21, 2018, 04:32:18 PM |
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The dump is not the fault of any many but the forces of demands and supplies playing out. We should all accuse ourself because we all benefits from cryptocurrencies when there was a very high upwards movement last year and since the market must make corrections we should then not blaming anyone or group for this.
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mr.mister (OP)
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November 22, 2018, 01:42:22 AM
Last edit: November 22, 2018, 01:58:03 AM by mr.mister |
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The dump is not the fault of any many but the forces of demands and supplies playing out. We should all accuse ourself because we all benefits from cryptocurrencies when there was a very high upwards movement last year and since the market must make corrections we should then not blaming anyone or group for this.
Not true, The ones who started this had big stakes in Bitcoin Cash. The BCH fork backfired as well, or did it?? Maybe this was the trios true intention after all? Look at the combined cap of both of these coins. It's nothing compared to before. Roger Ver, Jiahn Wu, and craig Wright destroyed Bitcoin Cash, but they got the golden parachutes. They sold high to U.S. dollars. It's Investors who got left holding the bag. They created a domino effect in the market. The bottom line, everyone sold to U.S. Dollars. |
Bitcoin Cash (BCASH) is NOT the real Bitcoin
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Clemcout
Newbie
Offline
Activity: 77
Merit: 0
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November 22, 2018, 11:49:21 AM |
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Dare I ask where you think the next destination is? The bottom isn't here yet, bitcoin actually heading to $3000, probably. According to bitcoin momentum predictions technical analysis the way the market behaves. Look at the daily transactions of bitcoin that are happening on chain as a way to measure it. Early bear phase mean daily transactions value have dropped right down to around 100K per btc that is moved every day on chain. Late bear phase is when the daily transactions values are rising to 250K bitcoin per day. Who's to blame? Blame to all of the people who following the market sentiment to panic sell. There are two group of people, short-term traders and long-term holders. Short-term traders aim for profits in panic sell market, have sold at $8K and buy back at the bottom, they can make more than 100% profits. Why you are worried about it? Don’t you know bitcoin always have gone in hot waters but it never let us feel bad. Even the prices are down, one can buy and make money from it. So don’t worry and it will raise high very soon? |
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armarsterling7
Member
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Activity: 420
Merit: 10
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November 22, 2018, 11:53:15 AM |
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I am going to lay the blame on the following people.
Craig Wright
Jihan Wu
Roger Ver
The above three should be sanctioned in my opinion.
Those are the people who deliberately manipulated the market. They are the ones who can control the market and they will profit from selling off altcoins. Once they reach the desired number, they will start to buy at a very high price for the market to grow. We can not blame them, just for our actions. |
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buwaytress
Legendary
 Online
Activity: 2800
Merit: 3443
Join the world-leading crypto sportsbook NOW!
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November 22, 2018, 12:28:06 PM |
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But why knock down these guys? They're every bit as responsible (or not) for dumps now as they were for last year's bull. Some or all of them attacked Bitcoin, spent money trying to take it down, threatened with splits amd doverted hashpower away...
All that action conspiring to destroy Bitcoin only made it stronger, and accelerated upgrades like Segwit. If not for them, who knows how long more those things would have taken to happen?
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Supercrypt
Legendary
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Activity: 1554
Merit: 1054
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November 22, 2018, 04:10:35 PM |
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We might be playing a bit of hand in this as well. Everyone keeps blaming the hash war dudes for the drop and at one point we are right because the initial cause for this drop was those tens of thousands of bitcoin being sold in the market, even when the miners lost money on those because they were selling under the cost of mining the bitcoins, they did it anyway so they definitely had a play in this. However after they sold it we started to panic and sell as well, I didn't personally sold any bitcoins during this week but the small investor like me got a bit of panic when they saw it was going down and everyone felt like "what if it drops even further" and ran away. They are sort of right because we believed we were at the bottom price a week ago since it was already barely worth the mining but when we saw even miners selling for loss we realized there is no potential bottom when that happens.
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liuqi
Sr. Member
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Activity: 1092
Merit: 257
LuckyB.it is Back!
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November 22, 2018, 04:26:36 PM |
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There is no need to blame others, we join crypto from our own consciousness and there is no compulsion. And in this decline, it's better to be calm and be patient, panic will only make us more fragile.
All the experts are accepting this current fluctuation but beginners are blame from crypto whales because most of the whales are selling entire cryptocurrency in recent days and they earn good profit in one time selling again they will buy more Bitcoin and altcoin it is the good tricks for crypto whales so many of them blame the big investor. |
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