boumalo (OP)
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March 03, 2019, 11:29:26 AM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
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arifteguhr
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March 03, 2019, 12:20:18 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
true what you say, and true believers will never run away or stop forever when the price of bitcoin is destroyed. the problem is that bitcoin will never lose its value while there is still internet network in the world, so don't ever worry about the price of bitcoin if it doesn't grow again because in a long time it will come back again
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Kopyleft
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Future of Security Tokens
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March 03, 2019, 12:37:04 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
I'd prefer bitcoin enthusiasts to true believers. Understanding the protocol behind the technology and acknowledging rhe potential it has to disrupt the financial system, does not mean you would overlook it's flaws as 'beleivers' in any sphere are wont to. The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
If I understand this correctly, you mean as investors increase and more enthusiasts join the community, it would support the upward movement of price. And that is true, mass adoption would be pivotal to the growth of bitcoin within the next decade.
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davis196
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March 03, 2019, 12:51:44 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
I think that the average bitcoin believer isn't very rich. Having many btc believers won't automatically increase the btc price,because of what I call "the HODLer effect".Many people have bought btc in the past and they just HODL.They aren't participating actively in the market,thus the price isn't going up,because nobody is buying more btc.
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sunsilk
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March 03, 2019, 02:03:04 PM |
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It's true but for the HODLERS that has been in the market for years aren't willing to spend most of the bitcoin we held. We spend for some services or goods but we manage to maintain our holdings because we're all waiting for the bull run.
Everyday there are new people who are interested to bitcoin. They are increasing quickly because the character of bitcoin can't be denied and that makes them optimistic to it. As long as there will be new money flowing in to the market, it will increase demand.
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TheCoinGrabber
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March 03, 2019, 02:18:20 PM |
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Most of us here likely aren't rich anyway and hope that we'd get a good profit by investing in bitcoin. From what I've read in past threads, it seems the early adopters here achieved that.
It's those stories that convince newbies to try and hold some of the μBTC they managed to buy.
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poptok1
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March 03, 2019, 02:37:35 PM |
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true what you say, and true believers will never run away or stop forever when the price of bitcoin is destroyed. the problem is that bitcoin will never lose its value while there is still internet network in the world, so don't ever worry about the price of bitcoin if it doesn't grow again because in a long time it will come back again
Never say never... So many various things can happen and make bitcoin suffer even bigger crash. Natural disasters like asteroids, automatically comes to mind, scary but possible. Obviously in such horrible scenario, cryptocurrency is the last thing we will be worried about. So far, so good reality is what we are currently in, being a believer may be insufficient at some point. Appropriate action will be necessary, personal adoption to the maximum extent. By this I mean complete and uncompromised rejection of fiat systems. Throwing fiducial money in to garbage can, to be frank. Extreme measure for the extreme times. Let us hope such hard choice will never face us but also we should be aware of that beliefs are not solid enough to sustain this revolution. IMO this is something that we believers know but cant express to well because it scares us.
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Lalafell
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March 03, 2019, 03:14:30 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
Many of us claim ourselves as true believers of bitcoin but only few can understand the challenge that bitcoin is facing most of them are just pretending but can't even stand during difficult situation of bitcoin. Well you are right but if you are still holding now that bitcoin price isn't good and you still continue on supporting bitcoin then you can still be a true believer.
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stompix
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March 03, 2019, 04:04:58 PM |
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It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
If true cultist believers arrive with pitchforks money to invest everyday why is the price going down? This weekend was probably the worst with those treads that really reek of dispersion, BTC is better than lotto, the believers are hodling, best times to get into crypto, the halving is coming...and I still haven't set foot yet in speculation. Do you know what true believers do? They don't try to cling on any mirage with the hope the price will go up and spend each day caring about the price. If you really believe in it you're not concerned with the markets, with how others picture you, how you must attract others to your cult, how to change other's opinion. You start your speech by claiming not to care about price and end it with "pushing the price higher". Common... Many of us claim ourselves as true believers of bitcoin but only few can understand the challenge that bitcoin is facing most of them are just pretending but can't even stand during difficult situation of bitcoin.
Most of them care about the price, I doubt that 1% of those claiming BTC is such a great invention would give a *** if it weren't for the money gain.
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coolcoinz
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March 03, 2019, 04:25:21 PM |
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Do you know what true believers do? They don't try to cling on any mirage with the hope the price will go up and spend each day caring about the price. If you really believe in it you're not concerned with the markets, with how others picture you, how you must attract others to your cult, how to change other's opinion.
Exactly! I wish the community was more concerned with the survival of crypto than with getting more fiat here and now, but that's not how the world works. I also catch myself checking the price in the mornings when the price starts moving. Usually I don't care and can immerse myself in work or hobbies for a day without even checking this forum and bitcoin charts, but when there's a +/- 10% move I end up getting excited, even though I never do anything with it. I don't buy because I'm out of fiat money and I don't sell because the price is simply too low. I haven't sold since 10k and if I end up having to wait for it to go back to 10k for another 3 years, I will. My advice to OP and others with similar goals: Buy and forget about it. It will go up I assure you. It may be tomorrow, but it may also be in the Summer of 2020. You can't do anything about it, so why lose time and nerves?
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BrewMaster
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March 03, 2019, 04:30:16 PM |
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you are portraying those with bitcoin as members of some cult that are following some belief with blind eyes and closed off brains. but it really isn't like that. the fact that some people own bitcoin and are buying more of it has nothing to do with them just believing in bitcoin. it is about seeing its usefulness and seeing the features that it offers which can not be found anywhere else. and bitcoin doesn't have value just because it exists. it has value because it has utilities.
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There is a FOMO brewing...
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LUCKMCFLY
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March 03, 2019, 04:43:53 PM |
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From a market speculator's point of view, many do not understand well that bitcoin has had its phases of accumulation, trend and distribution, some analysts only rely on technical analysis to express it, others are based on the rise of technology , which is very valid, but I believe that bitcoin encompasses all these visions and are often difficult to express.
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Indamuck
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March 03, 2019, 05:04:17 PM |
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Bitcoin could have another inflation bug or could get 51% attacked and will still hold value, if something catastrophic like another inflation bug happened there would still be tons of people waiting to buy in cheap. Just the chance of owning the most recognized cryptocurrency as a keepsake is something people will do.
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shield132
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March 03, 2019, 05:18:42 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
It doesn't matter if you are true or "fake" believer, if bitcoin exists, this automatically means it has value or at least is traded on yobit haha. Also people are happy to buy/sell goods in exchange of bitcoin any time not because they are believers of bitcoin but because it's great payment method and this way you'll find more/additional users. Almost everyone cares on profit, without benefit no one wants your bitcoin, yeah it's benefit when price increases, when it offers anonimity, fast transaction and etc. No one believes in it blindly without benefits.
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Mometaskers
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March 04, 2019, 08:08:42 PM |
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We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
Well, it can continue to exist and just have a value of $10 for all we know. But would you still keep it? Or work for it? If yes then it's still much valuable in your eyes. Do I personally believe prices would recover? Yes. But I'm no longer gonna fret how and when. Not comfortable saying this but I kinda have "faith" it will, based on past trends.
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Kemarit
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March 04, 2019, 08:27:58 PM |
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For the true believers, Bitcoin will always have value as long as it exists.
Or do you mean bitcoin maximalist? We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
Then that is not true believers is because it contradicts their principle that bitcoin's price will continue to grow. The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
No need to generalized it. People have their own motives here, whether to get themselves enrich or used crypto as Store of Value (SoV), or currency, it doesn't makes any difference at all. It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
As far as I understand, its the exact opposite. Those who came in late 2017 and early 2018 is already out of the market because they have lost so much money already. For who come in this community as just bounty whores and not true believers. And the price is still around $3700, still a far cry from the last all-time-high so there's not push from the believers that you're saying here.
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UNOE
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March 04, 2019, 08:31:44 PM |
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I believe that they know exactly how feels to have something from almost nothing and then how feels when you have something and lost almost everything. True believers will never be in minus at the end, because they are here for long term which will ultimately be very good for them.
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Hivalley
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March 04, 2019, 08:36:49 PM |
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True believers cannot give in to the negativity or the bad news the bitcoin keeps getting time and again, most people tend to forget the major reason why the bitcoin was created and all they want from it this days is money, they just want the money and the next minute they are out. Let's face it,for the true believers, we understand that there is more to the bitcoin than that. True believers want more adoption and more use as a medium of exchange(buy and sell)
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Kasabus
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March 05, 2019, 04:28:08 AM |
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The true believers will help this market to rise, whales cannot manipulate the price if we have more true believers here as they will not panic.
Also, true believers always focus on long term, hence that would decrease the coins in circulation and that is good for the long term price movement. We need them, the market is good in fundamentals but because of price volatility which is one of the thing they will look at more, they are afraid to invest in the market, hopefully they will seek more so they will understand more and will become a true believer.
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rizkyhiw
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March 05, 2019, 04:33:10 AM |
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For the true believers, Bitcoin will always have value as long as it exists.
We will be happy to work or sell goods for 1 btc even if we know the price will move in the future.
The increase of true believers, of their revenue and of their networth drives the price up because as they get older, they get richer and as they get richer, they get more bitcoins. The process takes year and increases bitcoin's strengh and bottoms.
It's not a year or 2 bear market that will chase previous true believers and new true believers arrive in the community everyday and it's pushing the price higher.
Indeed, everyone strives to always believe in what we believe is very valuable while still on earth, only a matter of time when the Btc rises again, maybe in their current position they wait longer than holding a Btc with a very long time, plus a burden the huge mentality they bear for people who have survived after the hype happened at the end of last year, I believe that prices will increase in value in the next few years, after people are convinced that everything will happen after what the government does is a more positive.
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