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Author Topic: Crucial time for bitcoin!  (Read 917 times)
Gloverwrt
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December 07, 2018, 05:14:51 PM
 #21

Everyone has an opinion in the state of the market and where it is heading right now.
Trust the foundamentals that led you to invest in bitcoin, and keep hodling. This current drop is a phase and there has been many of these in the price circle.
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December 07, 2018, 05:50:10 PM
 #22

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more  and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

You didn't buy high. You bought the low, just not the lowest. 5000 was the beginning of the last year's bubble, so you chose the correct spot to buy, but the baseline is 1000$ because it's the beginning of the bull market (not the bubble that started at 5k). It's just that there was a lot of FUD, both BAKKT and ETFs got postponed, and the price went into oversold territory which you can see on the RSI and the yearly EMA. Last time we were so low on the RSI in 2015 when BTC bottomed.

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December 07, 2018, 05:58:33 PM
 #23

I don't think bitcoin is a scam, for the simple fact that it is still useful, bitcoin is a technology that works, day by day transactions are still being made and is still used to move money through the world, that now the speculative price is going down? it was time for it to happen, yes, I think bitcoin is very useful, but you have to put a realistic value.

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December 07, 2018, 06:07:02 PM
 #24

Bitcoin is in the circle of market. Price of market is not stagnant but fluctuates. This time i think is the right time for investors.
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December 07, 2018, 06:11:33 PM
 #25

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more  and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

What exactly is fraud? With the same degree of probability, we can call all the us government and the heads of Central banks who print money and thereby set prices for the Fiat currency. But it's not. You can understand the topic of pricing and then it will be easier for you to realize and anticipate the growth and fall of bitcoin.

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December 07, 2018, 06:21:23 PM
 #26

The question I always ask people is have any one ever told you that bitcoin have a stable or fixed price, why should the price of bitcoin at each point becomes a thing of worries to us. Don't we have the understanding on how volatile the bitcoin market is before investing in it and is that not why we are always advice to invest only what we can afford to lose in case of fall in price. Bitcoin does not have a baseline.
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December 07, 2018, 06:28:02 PM
 #27

it is indeed a crucial time for bitcoin but sure bitcoin price will go back up sooner than we think and i advice everyone to hodl..though prices has been falling awhile, things will normalize soon

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December 07, 2018, 06:33:26 PM
 #28

It's a crucial time mainly for investors and traders who never completely believed in bitcoin they where double minded and so every little down turns seems to justify there skepticism

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December 07, 2018, 10:36:53 PM
 #29

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings.
Why would they call it a scam? because the price is going down? A smart investor knows how volatile this market can be, plus most of the big investors are here for the long-term so they don't care about the current price fluctuations.

Many are dumping already starting to believe that bitcoin will going to end soon.
How do you know that? I think heavy manipulation is the main reason for the downtrend. 

Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more  and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen.
I don't know what you mean by "scamming activity". And if you bought at 6k just hold your coins, you'll see profits in the long run.

It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?
The adoption phase will kick in the future, there's no doubt about that, we just gotta be patient. Btw, what's your fixation with the word "scam"? Looks like everything to you is a scam (?)

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December 08, 2018, 12:02:19 AM
 #30

it is indeed a crucial time for bitcoin but sure bitcoin price will go back up sooner than we think and i advice everyone to hodl..though prices has been falling awhile, things will normalize soon

I hope everything will back to normal, It really hurt us  Cry
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December 08, 2018, 12:38:58 AM
 #31

So probably some of the investors who use to believe bitcoin are now decided that bitcoin is scam bynselling their bitcoin holdings. Many are dumping already starting to believe that bitcoin will going to end soon. Just basing on my experience I bought high when BTC worth 6K USD expecting that it was the baseline for its market price. However, it was wrong when it has drop for more  and now bitcoin has gone crucial times and it seems that scamming activity is mostly like to happen. It has not been adapted for widely use also globally so we could notnexpect something to happen for bitcoin like speculated bull run. This is just a work of a scammer that is so rich now! What do you think?

This is the crucial time of bitcoin because of its very low price but l believe its not they end,its just a time of how much loyal you are in bitcoin.lts a matter of giving us the time to be faithful in bitcoin come what may.
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December 08, 2018, 01:08:35 AM
 #32

I think that in this time and situation that bitcoin falls down its price, the one who are taking crucial now are those who invest and buy bitcoin in high price and now loosing so much money gaining no profit. But for those who buy many years ago, it is still a good future and earnings to them.
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December 08, 2018, 01:11:09 AM
 #33

Yes it is a hard time for bitcoin and that is why many investor are in lost and also they says that bitcoin is now slowly shutting down. Bitcoin is coming back from its very first price and its disgusting.
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December 08, 2018, 01:47:12 AM
 #34

BTC is OLD, SLOW, AND USES TOO MUCH ELECTRICITY. I don't understand why you all can't understand that. It will never be used as a global crypto. Something faster similar to ETH will be the chosen crypto. BTC will be laid to waste soon. It will only be a collector's item...

Your right, but ETH is a dog. Child Buterin didn't even have pubic-hair when he started ETH dev, surely its a joke that this software is anything than well marketed bullshit.

All coin is shit-coin, nothing good can come out of this ponzi.

Just human misery.

The mother BTC is an old washed out whore, the father 'satoshi' is an NSA ghost, and all the begotten offspring are shit-coins,

What be of this? Just pure insanity.
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December 08, 2018, 02:02:33 AM
 #35

It's just history repeating it self. The price is heavily manipulated. I'm hoping for it make a floor arond $1200 and then we'll see!
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December 08, 2018, 02:16:38 AM
 #36

Clearly you should watch the news and read some articles bitcoin is not dead in fact every altcoin in the market are all in red why only focus in bitcoin ? the truth of the matter is there has been a manipulation going on, in the crypto market by institutional investors they wanna get in when the price of bitcoin is cheap that's why they're spreading FUD.

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December 08, 2018, 02:22:41 AM
 #37

in my opinion the bitcoin situation is now very bleak, starting from the middle of this year various problems are difficult to rise to satisfying prices. from various regulations in some countries it doesn't really have a big influence on bitcoin. trust in bitcoin dropped dramatically from the middle of this year.
you are right, but this is a market law.
the situation will continue like that from time to time. indeed the situation at this time cannot be received properly by users who have just entered the market when the bitcoin is at its highest position. but i am sure, the following year the market will recover.

so i think holding bitcoin now won't make us lose in the future.
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December 08, 2018, 03:14:06 AM
 #38

I believe that btc has been in a crucial situation which led to some people afraid of losing their investment which I think some people consider btc as a scam activity. I happen to disagree wherein if btc is a scam, then why it had reached 10 years in the industry. What happened it this current situation is somehow temporary and I still believe this will recover in the coming year.
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December 08, 2018, 03:18:15 AM
 #39

Investment in the Bitcoin infrastructure is increasing. Real investors are holding onto their wallets for the inevitable long term gains, and many more are joining them. The flight is not by the investors, but by greedy speculators who don't understand the technology, or the current world economies.

not necessarily.
in fact i do believe that drops like these are caused by people who understand the bitcoin technology and huge potential too well that is why they are trying to accumulate more of it. the drops doesn't occur slowly, it usually is caused by a big offload of BTC on the exchanges that crashes it down with a sharp drop. that leaves me to believe that it is whales selling to crash the price not other investors, they follow the drop afterwards.

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December 08, 2018, 03:30:28 AM
 #40

It's just history repeating it self. The price is heavily manipulated. I'm hoping for it make a floor arond $1200 and then we'll see!


Well everything eventually reverts to the mean, and $1200 is a good guess, BUT who is going to re-inflate the ponzi?

Is there really a fresh flock of NEWBS to scam?

Like somebody here said, the NEWBS last time didn't re-enter until $6k,  so our curreny newbs have already lost 1/2 their money, and those were the early noobs,

In 2014 btc was still a nerd thing, and a lot of nerds drove up the price, but in 2017 morons came in, and now they lost all their money

So on the next PUMP who in the hell are you people going to sell this shit-coin too?? I really want to know, are you just going to buy it yourselves??

The greater fool theory always has a time expiration date, and you always run out of fools with MONEY, IMHO that time of of the 'greatest fool' is now, and that be YOU.
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