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Author Topic: The new era of BITCOIN is here  (Read 17404 times)
rannarvasa (OP)
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December 17, 2018, 10:54:43 AM
Last edit: December 17, 2018, 12:43:39 PM by rannarvasa
 #1

The oldest and most trusted bitcoin is raising an alarming situation right now (THE MARKET IS RED), but maybe, some other investors is just waiting for the Golden opportunity, it might be the good time to BUY or it might be the good time to DUMP.

Because no one can really tell What is the future of bitcoin is.

Have you tried to predict it by looking at some important data?

THIS IS THE DATA OF HOW MANY THE USERS OF BITCOIN HAVE NOWADAYS

source: https://www.bloomberg.com/crypto
" "

We can see that there is a growing involvement of people in Bitcoin

" Google wasn’t the first search engine, and Facebook wasn’t the first social network — they were the best ones. "

BITCOIN IS STILL THE BEST
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December 17, 2018, 12:03:59 PM
 #2

I am very interested in the words at the close of this thread "PUMP not only buy BUYING YOUR THE BEST"
I feel very strange with those who say that bitcoin will be pumped but they continue to buy it at cheap prices
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December 17, 2018, 12:10:11 PM
 #3

Bitcoin is not broken, so what needs to be fixed? The only thing that needs fixing is the people's attitude towards the technology when the price is down. A lot of people starts to bash Bitcoin when the price goes down and they start looking for ways to fix something that are not broken.

Prices of all stocks and commodities goes up and down, so people should not look for problems, when there is none. Just let the technology evolve like and other young currency/commodity.  Roll Eyes 

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December 17, 2018, 12:28:43 PM
 #4


But I bet, everybody know that A NEW AGE OF ERA is needed to fix the flaw of BITCOIN and then we might see the TRUE FAIR PRICE of all the cryptocurency.

from the system and bitcoin technology it is reliable, there is no shortage of bitcoin, I just think why many people are starting to leave bitcoin even though there is no system better than bitcoin out there


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December 17, 2018, 12:40:53 PM
 #5

it might be the greatest time to BUY or it might be the greatest time to DUMP.

I agree that it might be a good time to buy (not sure about the 'greatest'), especially if your are shorting bitcoins and already sold at a much higher price. But it's surely not a good time to sell, as you would likely be selling at a loss.

If you are going to panic sale, you have to do it before everyone else is panic selling as well. As that way you can get out before the crash.
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December 17, 2018, 12:44:07 PM
 #6

I really don't understand and don't like people who leave BTC just because its price has dropped.BTC is in a more difficult period from some months now but that doesn't mean that it will not recover.Everytime the price was this low has returned to normal or even higher, we just have to wiait for the big comeback of the Bitcoin.

rannarvasa (OP)
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December 17, 2018, 12:44:16 PM
 #7

Edited my post Smiley thank you all for the reply 😁
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December 17, 2018, 02:51:25 PM
 #8

it might be the good time to BUY or it might be the good time to DUMP.
these two are not the only options!
in fact this may not be the best time to buy considering the small risk but it definitely is not a good time to sell! simply because the drops are over for now and price has dropped 80% already. selling now means you waited this long for a HUGE drop and waited for all the other sells to finish before you start selling!!!

Quote
THIS IS THE DATA OF HOW MANY THE USERS OF BITCOIN HAVE NOWADAYS

there is no "account" in bitcoin and you can not measure the number of bitcoin users! the number of accounts on some exchange is not the best way of measuring it either.

Only Bitcoin
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December 17, 2018, 02:58:39 PM
 #9

I really don't understand and don't like people who leave BTC just because its price has dropped.

In reality investors and hodlers do not always sell of their holdings and count their losses whenever the market drops. There might be a drop in the traffic on social platforms and a general dismay about the down market, but true holders, hodl.
They have an understanding of the market and it's potential to grow.

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December 17, 2018, 03:05:46 PM
 #10

Most people already know about crypto because when people see the uptrend on Nov 2017, they are amaze and unexpected that it can reach almost $ 20.000

For the next year 2019, become the new year of crypto because it will show it's identity , show it's momentum.
Let say if it keep downtrend, I'm sure it won't be reach bitcoin value on year 2014

Smiley
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December 18, 2018, 04:22:31 AM
 #11

there is a market:mining dynamic of 'whats the cheapest way to get bitcoins'

right now using a constant of 104*exa hashrate has been a good baseline value for cheapest mining cost. and the market during this low speculative period has been playing along with it.

now today is the final day of difficulty 'play' before the final difficulty change of 2018. and next week next gen asics get delivered to people. so expect hashrates to rise.

2019 will not only see a rise of hashrates. but begin a new financial year for many investors in certain off shore area's
2019 will also be where the first ETF will be granted (now that institutions have cleared off their 2018 tax deductibles)
2019 will also be where multiple ETF's get launched using the first mover success as a template model.

so prepare wisely. its all about to happen

merry christmas

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December 18, 2018, 05:28:40 AM
 #12

As the saying goes, buy when there's blood on the street so I say that this is a good opportunity to purchased while they're cheap. Yes, we can't predict the future but if you look at its early data, the market works in a cycle, so we just have to wait till the bears are exhausted and expect a reversal next year.

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December 18, 2018, 05:51:32 AM
 #13

We are all the time is in danger if we are crypto users and bitcoin is the new currency so something is coming with it so if we invest with care then bitcoin is profitable for us and with this we can go ahead and for now the patience and market analysis is best.

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December 18, 2018, 06:02:27 AM
 #14

I really don't understand and don't like people who leave BTC just because its price has dropped.BTC is in a more difficult period from some months now but that doesn't mean that it will not recover.Everytime the price was this low has returned to normal or even higher, we just have to wiait for the big comeback of the Bitcoin.

Everyone has a psychological limit, unfortunately. Bitcoin price has fallen so far again, yes. But although it is similar in terms of "percentage", the USD has scared the people. It lost its value about 17K USD. It is not easy to trust it again. I can understand that people.
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December 18, 2018, 07:32:25 AM
 #15

I really don't understand and don't like people who leave BTC just because its price has dropped.BTC is in a more difficult period from some months now but that doesn't mean that it will not recover.Everytime the price was this low has returned to normal or even higher, we just have to wiait for the big comeback of the Bitcoin.

Everyone has a psychological limit, unfortunately. Bitcoin price has fallen so far again, yes. But although it is similar in terms of "percentage", the USD has scared the people. It lost its value about 17K USD. It is not easy to trust it again. I can understand that people.

but this is not the first time!
you could have said this the first couple of times but after 10 years of having the same trend of a big rise then a big drop but not to previous low which still leaves some rise and then a stable phase and then the next big rise.
so i don't get why some people are so surprised when the same exact thing that has happened multiple times before is happening again.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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December 18, 2018, 07:40:32 AM
 #16

Absolutely Bitcoin is still the leading cryptocurrency coin in the market. It is also true that the market is bleeding red now as the market outlook has been bearish most part of the year 2018. This situation in the market will not persist as there will soon be a reversal and the market price will change from being bearish to bullish and the market will be alive again.
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December 18, 2018, 07:48:58 AM
 #17

Bitcoin is going nowhere. A wave has amplitude. A high and low point. Severally, we have described bitcoin and the technology as a wave so we should not be expecting a one way movement. It is a pattern. Just check up the pattern of the bitcoin wave and you will not be swayed.

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December 18, 2018, 08:16:51 AM
 #18

I really don't understand and don't like people who leave BTC just because its price has dropped.BTC is in a more difficult period from some months now but that doesn't mean that it will not recover.Everytime the price was this low has returned to normal or even higher, we just have to wiait for the big comeback of the Bitcoin.
The only reason why they leave bitcoin because of the down price is they do not want to lose money anymore. All of use do not want to lose money and even me I do not want to lose money but I will never leave it because I know somewhere in the future it will recover and become more expensive.
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December 18, 2018, 08:17:21 AM
 #19

Every cycle, a huge number of non-believers are flushed away from the market, and this time around, a similar thing happened, causing further drops in bitcoin as was expected. Even then, businesses and people who are genuinely interested are still coming to bitcoin in waves, and are not deterred by the gloomy market conditions. Needless to say, price alone isn't the deciding factor of how good a crypto can be, and if people would choose it or not. In fact, every downturn just opens up an opportunity for people to be a part of the market, hence the growing number of users amid the reds.

2019 would be explosive, but could not be as explosive as 2017 where an ATH occurred.

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December 18, 2018, 08:26:22 AM
 #20

I think most of this antagonism against the bitcoin,is all cos it rose to an unprecedented 20000 last year,thus people are expecting so much from the bitcoin today,and they seem to have forgotten how low the bitcoin was previously and the very steady part it took to attain it's present level
 You can't always expect the bitcoin to maintain it's high level price,rise and fall is synonymous with the network,the more reason why patience is key
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