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Author Topic: bitcoin goes down, no new rich people anymore  (Read 3759 times)
nydiacaskey01
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May 30, 2019, 11:38:28 PM
 #221

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
The price of Bitcoin dropped only 8% from $9,000 USD, whats new with that? I have seen Bitcoin dropped 10% to up to 20% and there's no reason to panic. Still buy if you ask me because with the current trend of Bitcoin price, it may surge to $10,000 USD in the next couple of weeks and I don't wan't to be left behind.
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May 31, 2019, 03:51:35 AM
 #222

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
The price of Bitcoin dropped only 8% from $9,000 USD, whats new with that? I have seen Bitcoin dropped 10% to up to 20% and there's no reason to panic. Still buy if you ask me because with the current trend of Bitcoin price, it may surge to $10,000 USD in the next couple of weeks and I don't wan't to be left behind.
Let us ignore the verbal investors. Those people really make me feel tired and they spend a lot of time criticizing.
In my opinion, the recent growth of BTC is not good. It really brings a lot of manipulative organizations money and Craig Wright is one of them. When BTC prices fell, BSV also fell by 17% and made many investors suffer losses.
This is really a trick for him and we should be careful in the upcoming sessions.

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May 31, 2019, 04:37:06 AM
 #223

This is not true. There are still many people who still get the benefits from their trade or investment. indeed at this time must be patient in this matter. if we see the movement of the price of bitcoin itself also rises quite high from the beginning of this year. almost 3X Fold. and if many people invest in low prices and sell now, I think they get a lot of profits.

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May 31, 2019, 05:18:03 AM
 #224

This is not true. There are still many people who still get the benefits from their trade or investment. indeed at this time must be patient in this matter. if we see the movement of the price of bitcoin itself also rises quite high from the beginning of this year. almost 3X Fold. and if many people invest in low prices and sell now, I think they get a lot of profits.
in addition, price reductions are also used to collect assets at low prices, so they can take advantage of the situation if prices rise again. well, they can be rich with this, and this is what is used by traders who like to take risks.

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June 07, 2019, 02:30:32 PM
 #225

We really cannot predict the price of unstable coin like BTC, we know the fact that bitcoin price change time to time, if you are an investors and you have this so called patience, by the time btc price pump up you will surely become and instant millionaire, Simply wait for the right time.
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June 07, 2019, 03:10:52 PM
 #226

We really cannot predict the price of unstable coin like BTC, we know the fact that bitcoin price change time to time, if you are an investors and you have this so called patience, by the time btc price pump up you will surely become and instant millionaire, Simply wait for the right time.

Everyone is patient is just that the length of it varies with each investor. It is true though that no one can correctly predict the price of bitcoin because it is so volatile, all we have to do is to adapt to the changes that happen. Bitcoin goes down but that doesn't mean there are no rich people, there are still a lot of them and they already have a profit since they bought btc earlier than most of us.

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June 07, 2019, 03:20:09 PM
 #227

Stop posting like this if Bitcoin falls down for literally almost zero. It just spreads the false news and makes people become worried then sell their stuff which is not a good idea for future purpose.

The price of Bitcoin dropped only 8% from $9,000 USD, whats new with that?
Indeed and people was just "What the fuck I should do, this is a bad idea for trading. Hold now!" and some shit.

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June 07, 2019, 03:37:55 PM
 #228

We really cannot predict the price of unstable coin like BTC, we know the fact that bitcoin price change time to time, if you are an investors and you have this so called patience, by the time btc price pump up you will surely become and instant millionaire, Simply wait for the right time.

Rather than waiting for unrealistic targets, my advice is to sell small amounts of coins at regular intervals. For example, you can create a target of selling a fixed fraction (say 0.5% or 1% of your total coins) every month. This will save your wealth, in case the Bitcoin prices crash to all time lows, at some point of time in the future.

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June 07, 2019, 04:23:45 PM
 #229

Whenever bitcoin goes down or up, there are many speculators and investors that IF they become rich or millionaires, when the market goes down there are speculators that do their operations downwards. Although right now the trend that is dominating in the market is the entry of many investors to buy bitcoin, it means that it is very likely that the price will go up little by little.
\bitcoin has a volatile price. seeing the price drop has become a common thing. this means not closing the possibility of others to get rich through this path. but, I think this can be a new path that makes people rich. imagine if you have a bitcoin when it costs $ 4000, and now it's $ 7900. this can make people get rich by utilizing volatile bitcoin prices.

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June 07, 2019, 04:36:12 PM
 #230

now down, but it will up again, come on it not first time btc dump, but you looking happy maybe someone you know already bought at top then dump now.
but soon or late it will rise again dont worry, dont expected too much  Grin
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June 07, 2019, 05:40:56 PM
 #231

now down, but it will up again, come on it not first time btc dump, but you looking happy maybe someone you know already bought at top then dump now.
but soon or late it will rise again dont worry, dont expected too much  Grin

One thing is sure. Bitcoin is showing a lot of strength. During the past one month, we had two bouts of correction, during which the price went below $8,000 per coin. In both cases, the recovery occurred really fast and the 8K level was reached in a matter of days. This shows that the demand remains strong and there is no excess supply of the coins in the market.
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June 07, 2019, 06:40:23 PM
 #232

Even if bitcoin goes down, there will be people who will become rich if they know when to buy and for how long to hold, but always there will be a lot of people who lose.
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June 07, 2019, 07:23:24 PM
 #233

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

You are brainless or what?
The price of Bitcoin is higher that the day it started. We don't have an all time high, but still we are in a great market condition that has offered considerable profits to the investors.
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June 07, 2019, 08:37:35 PM
 #234

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa

You are brainless or what?
The price of Bitcoin is higher that the day it started. We don't have an all time high, but still we are in a great market condition that has offered considerable profits to the investors.
Actually there are still many ways to make money from bitcoin besides we are waiting for an increase in the price of bitcoin. investing such as altcoin or IEO etc. can be an alternative to being able to get big profits other than the way to wait for the market to recover.

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June 08, 2019, 05:24:14 AM
 #235

It's just normal for bitcoin to drop its price. We should not aim for quick gain because it won't be good if that happens then big dump is up next to it. It's opportunity for rich people to buy more or invest their money on bitcoin when the price are down. Those people that talks a lot are the one being affected by the fud.

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June 08, 2019, 05:58:48 AM
 #236

because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
This is a funny story I read today. Bitcoin prices have doubled in 2019, so any reduction will not affect it. It was possible to add a lot of newly rich people when they invested in Bitcoin in early 2019. Don't try to create negative and against Bitcoin because this makes you criticized.

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June 08, 2019, 10:10:08 AM
 #237

Bitcoin will not make you rich overnight even it is going up unless you own a significant amount of it and wait for its recovery. Going down is a part of price cycle of any cryotocurrency and it is also the right time when you can able to buy coins at affordable prices. Once the bear market is over, prices will go up again just like now. At present, the bitcoin is still going up but not expected to break its 2017 all-time high.
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June 08, 2019, 11:02:43 AM
 #238

How many rich people have been created by Bitcoin so far? For that we need to know about the distribution of coins by the users. And the only information that I could find about this topic is an old thread here in Bitcointalk:

https://bitcointalk.org/index.php?topic=316297.0

According to it only around 350,000 people own more than 1 BTC (the data is from 2014, and the numbers will be even lower now). The number of users owning more than 1,000 BTC is only around a thousand.

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June 08, 2019, 01:02:32 PM
 #239

now down, but it will up again, come on it not first time btc dump, but you looking happy maybe someone you know already bought at top then dump now.
but soon or late it will rise again dont worry, dont expected too much  Grin
It is because of crypto currency nature, price will rise and low we only have to use it wisely with the right content, we should only buy at low price and sell it at high price, so I think it helps us to get out of those risks to become poor and financial crises, investing with crypto currency will give you opportunity to become rich no matter how low the market price is, one day it will totally recover.
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June 08, 2019, 01:27:38 PM
 #240

How many rich people have been created by Bitcoin so far? For that we need to know about the distribution of coins by the users. And the only information that I could find about this topic is an old thread here in Bitcointalk:

https://bitcointalk.org/index.php?topic=316297.0

According to it only around 350,000 people own more than 1 BTC (the data is from 2014, and the numbers will be even lower now). The number of users owning more than 1,000 BTC is only around a thousand.
Don't take him seriously, he didn't came to discuss but just to mock everyone who holds bitcoin.

You shouldn't feed the troll.

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