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Author Topic: Bitcoin is still Bitcoin, but we are greedy.  (Read 700 times)
The Cryptovator (OP)
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December 13, 2018, 12:06:37 PM
Merited by percy_tc (1)
 #1

Lot's of post about Bitcoin price, few are worried few are motivating. But I want say Bitcoin still is Bitcoin but we are greedy. We just want become rich suddenly like magic. We don't want to wait. Every currency fluctuate on the world and we are not think about it but if it's happen with Bitcoin we start make sound. Really are we not greedy ? Once Bitcoin was around $20K we didn't sold it and we expect it will raise more then we will sale. Many people's bought on $20K what about them? Now it's near $3K and we are expecting it will come more down then we will buy. So actually we are really greedy. Still Bitcoin is Bitcoin, just price are plying. If price go again on $20K then we will think why we not buy when it was 3K.

However just I want to say don't expect become millioner on a day. Still you can buy Bitcoin, no one was expected it will go $20K on last year. But once it reached then fake expert was give prediction it will go $25/30K. Now dumping price again they are giving prediction it will go $1/1.5K. Don't trust them. Keep patience, if you are holder just think you have diposite it bank for a year. If you want to buy then do not think it will go down and then we will buy. Just buy and hold it. Who know when it will up. But your Bitcoin will be same Bitcoin so don't worry about USD price. Any time it could be recover. Don't be hopeless and sale your Bitcoin.

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December 13, 2018, 12:53:52 PM
 #2

Bitcoin is a greedy currency, of course, its investors, because the development of the crypto currency depends on the investors themselves, whether it is bad or not, depending on the intention and purpose of the investor.
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December 13, 2018, 01:20:55 PM
 #3

I would not agree with you on this no one is greedy the fall in price of any commodities would obviously cause discomfort amongst holders and that's the case of what's happening at the moment with bitcoin
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December 13, 2018, 01:29:07 PM
 #4

some people that involve in trading and investing broke is not because they don't know about the technical about trading and investing. but sometimes they do that because of they too greedy. they want to makes some money more and more in the short time. so they trapped by their own move

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December 13, 2018, 01:33:59 PM
 #5

When BTC reached U$ 700 I thought it was the craziest thing I'd ever seen.

I watched the rest of the ride up in awe. I still think the U$ 20k was unreal.

I agree with OP. Bitcoin has already revolutionized the world, but it takes time to become a household thing. Credit cards took a long time to become mainstream.

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December 13, 2018, 02:22:49 PM
 #6

Lot's of post about Bitcoin price, few are worried few are motivating. But I want say Bitcoin still is Bitcoin but we are greedy. We just want become rich suddenly like magic. We don't want to wait. Every currency fluctuate on the world and we are not think about it but if it's happen with Bitcoin we start make sound. Really are we not greedy ? Once Bitcoin was around $20K we didn't sold it and we expect it will raise more then we will sale. Many people's bought on $20K what about them? Now it's near $3K and we are expecting it will come more down then we will buy. So actually we are really greedy. Still Bitcoin is Bitcoin, just price are plying. If price go again on $20K then we will think why we not buy when it was 3K.

However just I want to say don't expect become millioner on a day. Still you can buy Bitcoin, no one was expected it will go $20K on last year. But once it reached then fake expert was give prediction it will go $25/30K. Now dumping price again they are giving prediction it will go $1/1.5K. Don't trust them. Keep patience, if you are holder just think you have diposite it bank for a year. If you want to buy then do not think it will go down and then we will buy. Just buy and hold it. Who know when it will up. But your Bitcoin will be same Bitcoin so don't worry about USD price. Any time it could be recover. Don't be hopeless and sale your Bitcoin.

Lots of investors were attracted to bitcoin in the last couple of years, just because of its rising price but not for its usability. yes, bitcoin had made lots of people reach but truly it's not a money making method but a revolutionary introduction of a new technology.

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December 13, 2018, 02:28:18 PM
 #7

The human nature is always greedy that is why a lot of people are scammed easily. Bitcoin made a lot of people millionaires by this time last year and people are not happy with the current market situation. HOLDing will make one happy again  as bitcoin will come out of the present situation and be stronger than before
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December 13, 2018, 02:33:07 PM
 #8

I would not agree with you on this no one is greedy the fall in price of any commodities would obviously cause discomfort amongst holders and that's the case of what's happening at the moment with bitcoin

If you don't agree, then take a look at the posts being created by the moon boys here in the Bitcoin Discussion subforum and on Reddit. You thinking people are investing into bitcoin because of the technology? Trust me, as you can see in most bitcoin-related communities, people that invest because of the technology is a huge minority. Greed is actually one of the main reasons why bitcoin rose so much in December last year, because people we're wanting to multiply the money they put in into bitcoin.

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December 13, 2018, 02:35:48 PM
 #9

maybe for my opinion, investors are just looking for their profits and having an impact on price declines which can be said to be too many they set a very large profit and also the price of the price which is a concern for us users.
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December 13, 2018, 02:36:16 PM
 #10

Opinion that is very wise in the current situation that bitcoin is in obscurity and almost down to the most difficult base, we must believe that bitcoin will still exist and get a clear and definite place.
in time bitcoin will return in its heyday

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December 13, 2018, 02:39:36 PM
 #11

The price of bitcoin is unbelievable at a very low amount this will only normally sound as trouble in the ears of investors but this is when experience comes in the ability to hold and be patient would be key at this stage

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December 13, 2018, 02:52:12 PM
 #12

Bitcoin is doing fine and dandy up until the market is flooded with get-rich-quick dudes who always believed that the market will always rise. Fortunately they were wrong and bitcoin isn't always in the greens. Bitcoin is supposed to be a tool to free us from the banks and governments but when people realized that they could speculate the price of it, everything changed and the libertarian and anarchist value from people using bitcoin were lost. It's quite saddening but that's the grim reality we're facing, and as you said, the posts on this forum say it all.

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December 13, 2018, 05:02:45 PM
 #13

Lot's of post about Bitcoin price, few are worried few are motivating. But I want say Bitcoin still is Bitcoin but we are greedy. We just want become rich suddenly like magic. We don't want to wait. Every currency fluctuate on the world and we are not think about it but if it's happen with Bitcoin we start make sound. Really are we not greedy ? Once Bitcoin was around $20K we didn't sold it and we expect it will raise more then we will sale. Many people's bought on $20K what about them? Now it's near $3K and we are expecting it will come more down then we will buy. So actually we are really greedy. Still Bitcoin is Bitcoin, just price are plying. If price go again on $20K then we will think why we not buy when it was 3K.

However just I want to say don't expect become millioner on a day. Still you can buy Bitcoin, no one was expected it will go $20K on last year. But once it reached then fake expert was give prediction it will go $25/30K. Now dumping price again they are giving prediction it will go $1/1.5K. Don't trust them. Keep patience, if you are holder just think you have diposite it bank for a year. If you want to buy then do not think it will go down and then we will buy. Just buy and hold it. Who know when it will up. But your Bitcoin will be same Bitcoin so don't worry about USD price. Any time it could be recover. Don't be hopeless and sale your Bitcoin.

BTC is as much about public opinion and acceptance as it is about the technology. While BTC tech is the same or better than it was a year ago, public opinion and acceptance is much worse. So it's not the same as it was.

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December 13, 2018, 05:17:33 PM
 #14

The human nature is always greedy that is why a lot of people are scammed easily. Bitcoin made a lot of people millionaires by this time last year and people are not happy with the current market situation. HOLDing will make one happy again  as bitcoin will come out of the present situation and be stronger than before

Even I am waiting here for the same like everyday it is very sad to see the market value and there are lot of FUD's spreading like the value may go to $1000 and even low also a lot of them say crypto will be vanished very soon. Well, the only thing which comes in my mind is this technology was developed to favour people. Hopes are still alive in my heart and BTC will sky rocket again.
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December 13, 2018, 05:24:50 PM
 #15

It could be Satoshi put this into the equation with the creation of bitcoin:
The greed of people will not deter it but will just force those out who try and curve it to their own will and intentions such as the big banks and the corporate entities who wish to control it and make more wealth from it for their own use.

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December 13, 2018, 05:47:06 PM
 #16

As a layman, for me it's not a problem of greed or not. It's just that, I'm still confused by the current market conditions. Is there interference from certain parties, so the market becomes like this?
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December 13, 2018, 05:51:19 PM
 #17

No one ever expect bitcoin able reach current point but the fact is it's happening.
Every people want their investment tool grown up just like my local stock bank exchange growing 12.000% in 10 Years.

I'm expecting bitcoin will happen in the next 2 years
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December 13, 2018, 06:05:49 PM
 #18

Lot's of post about Bitcoin price, few are worried few are motivating. But I want say Bitcoin still is Bitcoin but we are greedy. We just want become rich suddenly like magic. We don't want to wait. Every currency fluctuate on the world and we are not think about it but if it's happen with Bitcoin we start make sound. Really are we not greedy ? Once Bitcoin was around $20K we didn't sold it and we expect it will raise more then we will sale. Many people's bought on $20K what about them? Now it's near $3K and we are expecting it will come more down then we will buy. So actually we are really greedy. Still Bitcoin is Bitcoin, just price are plying. If price go again on $20K then we will think why we not buy when it was 3K.

However just I want to say don't expect become millioner on a day. Still you can buy Bitcoin, no one was expected it will go $20K on last year. But once it reached then fake expert was give prediction it will go $25/30K. Now dumping price again they are giving prediction it will go $1/1.5K. Don't trust them. Keep patience, if you are holder just think you have diposite it bank for a year. If you want to buy then do not think it will go down and then we will buy. Just buy and hold it. Who know when it will up. But your Bitcoin will be same Bitcoin so don't worry about USD price. Any time it could be recover. Don't be hopeless and sale your Bitcoin.

Yes, its just human nature that we are not satisfied at things. If we see in the longer run, it is much better for bitcoin to grow slow and steadily. In this way, it will be very stable in price and people will use it more as a currency.
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December 13, 2018, 06:07:20 PM
 #19

The price of bitcoin is very unstable and is likely to rise or fall, and for this reason we must have our own predictions so that we are not easily carried away by negative news that will make us panic.

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December 13, 2018, 06:17:00 PM
 #20

When BTC reached U$ 700 I thought it was the craziest thing I'd ever seen.

I watched the rest of the ride up in awe. I still think the U$ 20k was unreal.

I agree with OP. Bitcoin has already revolutionized the world, but it takes time to become a household thing. Credit cards took a long time to become mainstream.

Credit cards are still in the adoption phase. But you are right. New economic models don't come and change the world overnight, it takes time, a lot of time. Look the step from gold to paper. it took over 5K years to be adopted globally...10y we have BTC, I believe we need another few to get to the adoption moment...

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