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Author Topic: Price is not everything!  (Read 20633 times)
LUCKMCFLY
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March 24, 2019, 02:17:50 PM
 #201

I think there are many ways to see bitcoin technology, bitcoin enthusiasts will always show interest in innovation and will support bitcoin despite all the movements in the trend in the market.

But from the point of view of a market speculator, they are not very interested in value or technology, they are interested in the price, and if the direction of the bitcoin is in bullish or bearish direction, they go there following that line to obtain benefits, this according to the books of Wyckoff and Livermore, who were great speculators of the market, where they affirm that they are only directed by the prices of the shares, in this case the currency.

The market has other variants, it includes not only enthusiasts, it includes miners, and the people that day by day join the market, this is an influential factor and for which, the bitcoin market can not die, and gives an added value to the market bitcoin that is not the price.

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davinchi
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March 24, 2019, 04:01:30 PM
 #202

as investor i dont agree with you
price is everything for me, when the price out from our expectation then it called fail
most of investor dont really care about the mass adoption or anyhing else that impact cryptcurrency, as long the price stable is good for investor
Price is everything to you because of the objective you already attached to it; to make quick money, let me ask you a question? If you were to buy shares in a company in real life, would be concerned about the price at first or the success of the project which we know for sure that once the project becomes successful, the shares become high.

This is supposed to be the case of ICO too, we are not supposed to be looking at increase in price from the onset but rather think of how the project will be successful and adopted, because once these can speak for the project, then sure, nothing will ever stop the price of the coin of the project from rising which you will be free to sell at any time.
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March 24, 2019, 04:06:00 PM
 #203

Absolutely correct remark, I can confidently only say that the price is really not the most important thing. Today prices are very low, but you have to take advantage of the situation and you clearly need to understand that when you invest today, you get a lot tomorrow.
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March 24, 2019, 04:20:32 PM
 #204

Absolutely correct remark, I can confidently only say that the price is really not the most important thing. Today prices are very low, but you have to take advantage of the situation and you clearly need to understand that when you invest today, you get a lot tomorrow.
I think that tomorrow we will not torment a big profit. Perhaps the price of Bitcoin will be more than $ 10,000 only after 2 years, and it is very long and risky.
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March 24, 2019, 04:25:24 PM
 #205

Absolutely correct remark, I can confidently only say that the price is really not the most important thing. Today prices are very low, but you have to take advantage of the situation and you clearly need to understand that when you invest today, you get a lot tomorrow.
I think that tomorrow we will not torment a big profit. Perhaps the price of Bitcoin will be more than $ 10,000 only after 2 years, and it is very long and risky.
as long as you can take advantage of any condition then you can believe that price is not a big thing for you. so basically indeed we must understand how to analyze in the market and other things that are needed to get a profit
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March 25, 2019, 07:04:28 PM
 #206

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
I don't know single person who thinks about technology and doesn't care about money. I will tell you, maybe 0.01% cares about technology while all others care about money. It isn't really surprising because bitcoin is mostly advertised like "if you have invested in bitcoin in 2009. you would have..." and this attracts investors to this industry, not people who love technology.
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March 25, 2019, 07:06:15 PM
 #207

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

Don’t show this to an investor lol
I buy tokens for profit; it’s not to hold until it dumps and get delisted

Fresco and nobs and kwatt today are delisted
Dyor though and make your choices
nekonyun
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March 25, 2019, 07:15:18 PM
 #208

yes right because cryptocurrency is the technology of the future. so I think, right now whale is storing cryptocurrency at a low price for sale in the future
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March 25, 2019, 07:31:53 PM
 #209

Yes, you are right OP, is a bit hard for people who buy at high at 20k$ but i think in future if price for any products can be buy directly with crypto and show the price in crypto, like, bread price - 0.0001BTC and so on, without be more tied to fiat money.
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March 25, 2019, 07:45:55 PM
 #210

Exactly,  this is one reason why cryptocurrency is struggling to gain mass adoption even after 10 years in which it has shown massive potentials.. Everyone keeps chasing after the money and no one is thinking of value addition. If everyone goes out to evangelize crypto, uphold the core values of blockchain technology as introduced by satoshi, more and more companies will uphold the technology.. Rather we seat down everyday shilling and looking for noobs to dump worthless coins on..

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March 25, 2019, 07:49:06 PM
 #211

The technology and the adoption are two very important indication of a good project. Definitely, we can't just ignore the the two important factors and think only about the price but the fact is, the price also drives adoption. 

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March 25, 2019, 07:49:12 PM
 #212

The price it gives an incentive for more large growth and create buzz,but of course it is not important,because the engine of progress becomes the very Technology that is being introduced and making the lives of ordinary people much better,and the price increases because of the finished product,its turnover and the further introduction around the world,is the main engine of the product itself!
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March 25, 2019, 07:57:07 PM
 #213

We would need more of this type of thread and mindset about the current happening in the market.  Price should not be the determine factors on how the cryptocurrencies market is doing and we should not expect too much change in pricing as a sign of success or failure in cryptocurrencies market.  We should actually focus on adoptions and how cryptocurrencies are been used by the retail and wholesalers in doing day to day transactions and business.  we should also be concerned about technological advancements and progress that has been made so far.
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March 26, 2019, 02:28:53 AM
 #214

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

For some peoples, price is really matter because when the price going down, they cannot get profit from selling.
We should not depend only on the price of cryptocurrency, because it is volatile in the market.
and yes, price is not everything in cryptocurrency.

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March 26, 2019, 04:24:24 AM
 #215

The price is indicative of investor sentiment and you can be sure that there are plenty of very eager investment funds out there that are starting to realize how much long term potential there can be in cryptocurrency assets and are accumulating at cheap prices and waiting for the next wave driven by mass adoption so don't miss out on any big opportunities that present themselves no matter what your starting capital might be just invest wisely and as always do your own research

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March 26, 2019, 06:44:15 AM
 #216

The price it gives an incentive for more large growth and create buzz,but of course it is not important,because the engine of progress becomes the very Technology that is being introduced and making the lives of ordinary people much better,and the price increases because of the finished product,its turnover and the further introduction around the world,is the main engine of the product itself!
For traders any price is not important as long as the sales price is greater than the purchase, that's the basic formula that becomes the benchmark for profit.
Because the price of altcoin is cheap or expensive, it is not related to profit, but it will affect how many assets are owned by holding an altcoin, and it will be important if it holds for a long time.

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March 26, 2019, 07:33:35 AM
 #217

We are aware that more people are getting involved with cryptocurrencies now.

Price isn't everything but it's the people's choice to see on how innovated a crypto is.

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March 26, 2019, 07:47:33 AM
 #218

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.

There are reasons why people are selling at cheaper price.  It would be that the holder lost faith on the developer and thought that the project will not materialize.  Another reason would be, the holder needs cash badly that he have to sell his holding even though he is hesitant to do so.  Or probably it is a fake sell from whales to accumulate at lower prices, since price manipulation had been around ever since.

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March 26, 2019, 07:57:10 AM
 #219

We are aware that more people are getting involved with cryptocurrencies now.

Price isn't everything but it's the people's choice to see on how innovated a crypto is.
price is everything  and all they choose Crypto is also involved with the price and they want to profit also see the price, if we do not think about the price of how we will benefit.
price is what can determine us in earning profit, and we buy coins also see prices, and price is everything so price is very important.

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March 26, 2019, 08:06:41 AM
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 #220

Stop thinking about the price for a while and think about the technology and adoption what is happening just now! More and more people are involved in cryptocurrencies, bigger and bigger partnerships are made everyday, better and better news comes everyday and price? Still same? It shows that whales are cumulating why other people who care about the price are selling them their cryptocurrencies for cheap.
Yeah i agree with you, price isnt everything especially if the project is still new. Don't judge the new project with their price, give him time to develop first. In this situation price is doesn't matter because every big and good coins also still falling because of condition of the market.
That could depend on how we see the price, normally we judge easily with the price only but not all of us made a research on the reason behind the price.
Low price are bad for some, but for some it's good because it gives opportunity for the buyers, but this will only apply for legit projects.
It's also necessary to know if the project is legit or not because even if the price is very low, it could go lower if the team are not legit.

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