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Author Topic: The price of Bitcoin is going down because the price is going down,  (Read 359 times)
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February 03, 2019, 10:50:22 AM
 #1

I thought that this short(ish) video covered some interesting points, The thread title is just one of the truisms in it.
https://www.youtube.com/watch?v=bOSjnDDXVBs

Far more interesting is the interview with the founder and CEO of Twitter and Square, where he states that Bitcoin will be the currency of the Internet. Also, I noticed that the video poster is accepting tips via Lightning, and this is something that I think other content producers should be considering.

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February 03, 2019, 10:54:47 AM
 #2

Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.

Self hating nerd that want to escape from reality into the cyberpunk.
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February 03, 2019, 11:21:51 AM
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 #3

Matt fu*king Damon everywhere xD
Enjoyed this video, worth a watch for sure. I think that we are already there m8. Bitcoin IS a currency of the internet.
For me it was like that since, idk 2 years(?). All I want to buy is already available to get with my coin so...

This guy seems to have greater than average knowledge on crypto, that's why he uses Lightning.
Other content creators will follow shortly, as soon as they will get the memo on fees with and without Lightning.
Adoption, adoption and one more time adoption. It will happen spontaneously but we can speed up this process, informing our favourite creators about it is the key.

The price... good thing he is avoiding speculation, so am I. Waste of time and brain power.    

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February 03, 2019, 11:32:14 AM
Last edit: February 05, 2019, 12:28:23 PM by veleten
 #4

Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.

many things are going up: prices, inflation, retirement age
the doomsday is near indeed, but bitcoin price going down is not something unpredicatble
we have been in a bear trend for months, can't see it changing in the near future

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February 03, 2019, 12:28:10 PM
 #5

Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.

The prices of food,smartphones,etc. are going up because the US dollar value is going down. Grin
I can't agree with the statement in the thread's title.The price of bitcoin does down because the btc buyers are less and the btc sellers are more.That's the real reason.We don't need a crypto "guru" to tell us this shit. Grin

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February 03, 2019, 12:38:01 PM
 #6

Well he also says that the reason the price goes up is because the price is going up.

The other truism I like is " It has been proven scientifically that people who have more birthdays live longer "

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February 03, 2019, 12:50:31 PM
 #7

Of course, all the economic values ​​in the world are falling. Stock markets, gold, USD and bitcoin have declines. Hopefully soon start the ascension bitcoin..

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February 03, 2019, 01:07:41 PM
 #8

It is not a situation only for bitcoin but for many markets but when considering bitcoin's past the market has started to recover and progress and it should be because few years back bitcoin was just a trading asset for traders and investors who used to make quick money and nothing productive was done using it but now if you search the internet there are many options and facilities to use or pay using bitcoin and that is strong evidence that bitcoin is going on a successful path and if investors are smart they should understand this is the best time to invest to make profits

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February 03, 2019, 01:30:24 PM
 #9

Very nice presentation, so long as those who trade in the market, they think that the prices of Bitcoin will rise very soon, but this is not the biggest reason that everyone who is involved with Bitcoin is not one of the reasons why everyone does not want Bitcoin prices Grow so fast, but it is true that it will never disappear
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February 03, 2019, 02:09:04 PM
 #10

I saw the video, that was pretty good the CEO of Twitter supported bitcoin and looking forward what the fundamental of Bitcoin is. He mentioned also that to shut down trading, yes probably he was right. Most likely happen of a scam now is on the trading exchange a lot of news of that and the latest one is Cryptopia exchange hacked.

The price is going up because the price is going up, (Bitcoin have massive adoption and continue spreading). The price of Bitcoin is going down because the price is going down, ( Do panic selling because they want to cut their losses). That's the hardest thing to understand to those people who didn't crypto enthusiasts, greedy people they all quick profit they didn't care about Bitcoin. Yeah, it must be the currency of the internet is Bitcoin.

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February 03, 2019, 06:09:20 PM
 #11

I saw the video, that was pretty good the CEO of Twitter supported bitcoin and looking forward what the fundamental of Bitcoin is. He mentioned also that to shut down trading, yes probably he was right. Most likely happen of a scam now is on the trading exchange a lot of news of that and the latest one is Cryptopia exchange hacked.

The price is going up because the price is going up, (Bitcoin have massive adoption and continue spreading). The price of Bitcoin is going down because the price is going down, ( Do panic selling because they want to cut their losses). That's the hardest thing to understand to those people who didn't crypto enthusiasts, greedy people they all quick profit they didn't care about Bitcoin. Yeah, it must be the currency of the internet is Bitcoin.
Yeah, If anything happens, it happens in all but Bitcoin has done the same thing, bad news and wrong decision many people do many things, but due to these mistakes all others have to pay, but it is hoped that if the scam is closed Everything will become normal.
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February 03, 2019, 06:16:12 PM
 #12

who wouldve fucking thought? the price of bitcoin is going because the price is going down! amazing man, why didnt i think of that? you should get the next nobel prize, man your this generations einstein!!

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February 03, 2019, 06:20:06 PM
Last edit: February 04, 2019, 12:03:15 PM by Harlot
 #13

What struck me the most about the video is he showed the part of Joe Rogan skit with Jack Dorsey and Rogan ask if he is considering other cryptos besides Bitcoin, Dorsey simply said "not right now" followed by him stating that he believes Bitcoin will be the native internet currency in the future. If this Cash App becomes successful on introducing normal people to the crypto world through Bitcoin I think this will be a huge leap for the crypto industry itself. Jack Dorsey is really showing support to the industry by introducing Bitcoin through his cash app.

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February 03, 2019, 06:25:54 PM
 #14

The price is going down because not enough real money is being put into it.  I wonder why not.
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February 03, 2019, 06:31:20 PM
 #15

Matt fu*king Damon everywhere xD
It's matt with Arnold's accent Cheesy

Quote
This guy seems to have greater than average knowledge on crypto, that's why he uses Lightning.
He's far too emotional for my taste. Some of his videos are "oh no Bitcoin is falling" and some are "bitcoin is pumping hell yea!" I can't stand people who are so focussed on short-term fiat value. This week I didn't even check the price at all and it felt great.


Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.

The prices of food,smartphones,etc. are going up because the US dollar value is going down. Grin
I can't agree with the statement in the thread's title.The price of bitcoin does down because the btc buyers are less and the btc sellers are more.That's the real reason.We don't need a crypto "guru" to tell us this shit. Grin

This is an interesting feature of bitcoin. Even when there's the same number of buyers and sellers the price will go down because of constantly increasing supply. So, if you see a period of stability you can be happy, because it means more people are buying.

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February 03, 2019, 06:37:40 PM
 #16

who wouldve fucking thought? the price of bitcoin is going because the price is going down! amazing man, why didnt i think of that? you should get the next nobel prize, man your this generations einstein!!


The above is now my new signature. Awesome, dude!

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February 03, 2019, 11:31:47 PM
 #17

all prices are currently decreasing so drastically, what is an obstacle for us is that prices are getting lower. but even though prices will go down but I still believe that developments will occur in the future

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February 03, 2019, 11:42:59 PM
 #18

Nothing goes up in life, dollar value, salary, income, food price, smart phone price, everything going down. The doomsday is near.
Not really, the price of the food is increasing yearly because of the inflation and if there’s a crisis every price will rise and people will panic. But in bitcoin, it seems like the price was already stable on its current level, no more bad news hopefully so we can start to grow again.

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February 04, 2019, 02:12:23 AM
 #19

High volatility on bitcoin's prices are really depends on market situations right now, based on supply and demand really matters that's why it keep changing from time to time. Nothing to panic when there are drastic changes because bitcoin has already established a great foundation towards the future of payment system and adaptions are in progress.

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February 04, 2019, 04:20:58 AM
Last edit: February 04, 2019, 04:43:22 AM by franky1
 #20


The above is now my new signature. Awesome, dude!

i know you love your satire, but even you been round long enough to know of the dynamics of the market:mining

people want to find the cheapest way to obtain bitcoin. either on the market or by mining it.
when its cheap to mine it, the price goes down becasue people mine it, and if profitable they sell some on the market.
when its expensive to mine it, people buy it and the price goes up

even hal finney knew this back in his day, and it still applies today
yes there is also a speculation layer that plays out temporary changes. but the general long term view of the market:mining dynamic applies

thats why i am not into trent anals that just look at the market price and dont understand the underlying layers of what bitcoin is and utility/function/technology that builds up its value. by saying the price only moves because the price moves is basically saying bitcoin is backed/utilitised by nothing

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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