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Author Topic: Yes We Believe in BTC even as the Price Falls  (Read 1907 times)
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December 05, 2018, 05:26:38 PM
 #1

A lot of people are worried.  I say worry not.   Eventualy the price will hit new highs beyond 20k, no question.   The real question is when, and nobody knows for sure.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.   This is how it always plays out.

https://www.swiftcointalk.org/marketplace/bitcoin-price-forecast/
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December 05, 2018, 05:39:40 PM
 #2

I don't think 'believe' matters here. You can trust the technology and the process and support the goals and targets of this innovation.
You have to make your analysis in the foundamentals and the price history, always base in facts and figures.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.   This is how it always plays out.

As opposed to this, the price rises when there is hype and lots of FOMO. Investments fuel growth.

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December 05, 2018, 05:42:38 PM
 #3

Sure you are right, but right now poeple are losing sleep over the price because they have a lot of money invested.  So let;s address this issue.

I don't think 'beleive' matters here. You can trust the technology and the process and support the goals and targets of this innovation.
You have to make your analysis in the foundamentals and the price history, always base in facts and figures.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.   This is how it always plays out.

As opposed to this, the price rises when there is hype and lots of FOMO. Investments fuel growth.
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December 05, 2018, 05:46:27 PM
 #4

That is easy for you to say but are you really not worried? The market is almost 90% down, do you want it to even go lower to 99% with your "Let the price fall, and fall it will, until people have given up"? Crypto could be dead if that ever happens.
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December 05, 2018, 05:49:11 PM
 #5

Actually, you people are just worried about the price, all your talking are related to its price not bitcoin or even the technology itself. I wonder if there are still people who really support the technology, instead, they make the bitcoin as an investment means and source of income and don't even know how the purpose of the technology. I'm not talking that you should not make it as a source of income coz it help as well, it really helps.

You OP do you know what's the main purpose why bitcoin was created? I wonder...

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December 05, 2018, 05:50:14 PM
 #6

A lot of people are worried.  I say worry not.   Eventualy the price will hit new highs beyond 20k, no question.   The real question is when, and nobody knows for sure.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.   This is how it always plays out.

https://www.swiftcointalk.org/marketplace/bitcoin-price-forecast/
Many well-known technical analysts are saying that Bitcoin will reach $ 20k by 2019, but many say Bitcoin will drop below $ 1000 in 2019. I do not believe in anyone. , I realize that these comments do not determine its tendency. I believe in what I see.

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December 05, 2018, 05:52:15 PM
 #7

I agree with you.  People are obsessed with the price because they speculated or because they think the price validates the technology.  The technology will advance regardless of price.

Actually, you people are just worried about the price, all your talking are related to its price not bitcoin or even the technology itself. I wonder if there are still people who really support the technology, instead, they make the bitcoin as an investment means and source of income and don't even know how the purpose of the technology.

You OP do you know what's the main purpose why bitcoin was created? I wonder...
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December 05, 2018, 05:52:26 PM
 #8

A lot of people are worried.  I say worry not.   Eventualy the price will hit new highs beyond 20k, no question.   The real question is when, and nobody knows for sure.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.

This is how it always plays out.


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December 05, 2018, 06:33:26 PM
Last edit: December 06, 2018, 06:47:30 AM by bL4nkcode
 #9

Its a matter of probabilities, not certainties, and thats why market opinions differ and some people dont believe what any of the market technicians say.

If BTC falls by 99% you better believe I will be buying as much as I can Smiley
Why don't you just edit or include you reply in one post?

I understand how you want to get more activity since more posts == activity. But you should at least follow the rules.

Look.
32. Posting multiple posts in a row (excluding bumps and reserved posts by the thread starter) is not allowed.

[EDIT] reported and removed.
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December 05, 2018, 07:17:38 PM
 #10

People can't be blame if they dont want BITCOIN anymore as they bought at high price and been in misserable holdings until now.
Smart people will stay in this cryptocurrency as they know how to research and study before grabbing some coins.
Bitcoin may be falling now and still sliding but this will stop and will go high once again.

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December 05, 2018, 08:59:11 PM
 #11

I agree, although a lot of people have dropped out, there are hopes and people who believe in bitcoin.
 Bitcoin should return to its own, like all people who gave up btc to get back to make bitcoin better

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December 05, 2018, 09:12:37 PM
 #12

This is easier said than done. Remember that one key thing that often affects Bitcoin and Ethereum is social media that often lead to the wrong interpretation, which invariabley will lead price fluctuation.
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December 06, 2018, 12:52:00 AM
 #13

Actually, you people are just worried about the price, all your talking are related to its price not bitcoin or even the technology itself. I wonder if there are still people who really support the technology, instead, they make the bitcoin as an investment means and source of income and don't even know how the purpose of the technology. I'm not talking that you should not make it as a source of income coz it help as well, it really helps.


You just cannot blame them. Bitcoin is known and reported as one profitable and rewarding investment and for underprivileged individuals, it can be an easy tool to ultimately escalate their way of living, nothing more. That's why they'll do anything just to own one. Thinking that somehow history [December 2017 bitcoin price] may repeat itself for a massive profit. Its technology do matters but literally it will not put food on the table.
See this news about regular people who got rich from bitcoin, https://finance.yahoo.com/news/meet-people-getting-rich-bitcoin-181650451.html
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December 06, 2018, 02:58:37 AM
 #14

I believe that bitcoin's price will recover again from it's shocking drop. It will recover again and it might be higher that before. We just nwed to wait.
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December 06, 2018, 05:53:01 AM
 #15

The large drop in the price has caused a lot of damage to Bitcoin's reputation and investors will be less likely to jump in again, like they did in 2017. We have a long and hard road in front of us, but I am almost 100% sure that there will be a slow recovery and even some small spikes in the price.

The forces that are working against Bitcoin have very large fiat pockets and also financial instruments that are used to push the price of Bitcoin down. <Bitcoin Futures>  Roll Eyes

It will take several years for us to reach $20 000 again.  Angry

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December 06, 2018, 06:22:18 AM
 #16

As long we believe about bitcoin the value will really increase. One of the factor that can help us to return the price of bitcoin to its price is promote it and attract more potential investors so the demand will increase. And even we see the falling price of bitcoin it is not the reason to not believe in bitcoin.



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December 06, 2018, 07:53:06 AM
 #17

Rightly or wrongly, I have seen many with tunnel vision when it comes to BTC.  It’s like blind faith really, I find that ‘hope’ is really what most people are hanging onto despite all the forecasts and graphs etc.  I too hope that BTC price recovers at some point but I also realise that indeed that thing called a ‘bubble’ by many others may have finally busted.  
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December 06, 2018, 08:17:37 AM
 #18

A lot of people are worried.  I say worry not. Eventually, the price will hit new highs beyond 20k, no question.   The real question is when, and nobody knows for sure.
The problem is not the price but the manipulation that happens, cryptocurrencies are supposed to be decentralized away from any manipulation.

Recently there have been a lot of manipulations such as the creation of lots of Hardforks and then manipulating them to achieve quick gain, adopting central platforms on stablecoins "those shitcoins as an alternative to exchange to dollars", control of trading bots, 1 MB problem,...etc

The fluctuation of the price for logical reasons is healthy growth and anything else happens just a manipulation.

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December 06, 2018, 08:36:57 AM
 #19

A lot of people are worried.  I say worry not.   Eventualy the price will hit new highs beyond 20k, no question.   The real question is when, and nobody knows for sure.

Let the price fall, and fall it will, until people have given up.  Then, the price can start 5 wave moves up again.   This is how it always plays out.

https://www.swiftcointalk.org/marketplace/bitcoin-price-forecast/

Bitcoin has made this type of big decline 3 times. And after all of them, it again has rised quickly and greatly. So why don't we believe?

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December 06, 2018, 08:58:07 AM
 #20

In Ohio, you can also pay taxes with Bitcoin.

https://coincodex.tv/videos/464/ohio-allows-tax-payments-with-bitcoin
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