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Author Topic: This is why I am so frustrated with bitcoin  (Read 9242 times)
arbifahrozy
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July 07, 2019, 03:23:08 PM
 #141

in my opinion you have the truth that bitcoin perlahat destroys small coin coins. only a few coins that do have good quality that are strong and survive in the top rank with bitcoin in the coinmarketcap. whereas other small coins are only ICO and slaughtered them into rubbish.


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July 07, 2019, 03:32:11 PM
 #142

Basically, based on your post, it is not the fault of bitcoin. I think you should blame those devs or the altcoins than bitcoin. It's the fault of the devs creating a lot of altcoins with less purpose in the community. It's also not bitcoin's fault for being the best and dominating the others because it's the first cryptocurrency that exists and set the standards in the crypto world.
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July 07, 2019, 05:26:50 PM
 #143

in reality, there are a lot of junk coins on the cryptocurrency market today and fraud is rampant, which undermined people's trust in cryptocurrency, and also provoked inexperienced users of cryptocurrency to inadequate actions, resulting in massive loss of personal funds.
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July 07, 2019, 06:32:08 PM
 #144

Anyway, there is no fault of the cryptocurrency, in that some of us used some difficulties or losses in the cryptocurrency market.  In any case, this is all due to a lack of knowledge and experience.
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July 07, 2019, 06:35:47 PM
 #145

in reality, there are a lot of junk coins on the cryptocurrency market today and fraud is rampant, which undermined people's trust in cryptocurrency, and also provoked inexperienced users of cryptocurrency to inadequate actions, resulting in massive loss of personal funds.
Not all coins are frauds though...bitcoin is amazing, just frustrating but HST decision token is worth the risk for me.
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July 07, 2019, 07:01:05 PM
 #146

It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.

The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.

Every altcoin has been sold off and money shoveled into bitcoin.  WHEN IS THE PAIN GOING TO STOP!

I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.

Please as an altcoin investor, please stop hurting us, this is so damn cruel.

passion bro there is friction to scale peer to peer money relative to peer to peer file sharing until it adopt by business but its already here

there are startup that come from japan and israel i heard rumors also from usa but not sure for this one, which help us to make to buy crypto everything from brands to coffee and other shit Smiley))

almost everything which will lower the selling rate of crypto space and will lead to surge prices only of low supply coins without even demand will grow and market cap will not change to much Smiley))))))


the price drop because the selling rate is high people convert it to cash like gold / and diamond yet crypto is store of value like diamonds and gold and cash in the same time and only grow in price
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July 07, 2019, 07:02:23 PM
 #147

It has become clearly evident that bitcoin will dominate the world as the global number 1 cryptocurrency, that's is OK with me.
BUT...
what I am finding really frustrating is all the retail, and institutional money that will only ever flow into bitcoin and will never, ever touch any altcoins.
Sure bitcoin is the master, the supreme, the original crypto, but for gods sake, its now the only cryptocurrency.
Surely out of the 2000+ altcoins, some of these will be almost as powerful as bitcoin.

The altcoins have been smashed of late, purely by the greed of bitcoin, sucking up the global fiat money.

Every altcoin has been sold off and money shoveled into bitcoin.  WHEN IS THE PAIN GOING TO STOP!

I have lost so much money on my altcoin HST decision token, purely based on the greed of bitcoin.

Please as an altcoin investor, please stop hurting us, this is so damn cruel.

read this mate if its complex i will rewrite you this

long but hell of wealthy information


here is how answer should be, from analyzer mind and this is how investors predict movements markets and not like the traders which is basically washed by scams like support and resistance and lines on graph movement, lines on graph cannot predict the out come future by any mean, every expert know this

20 years?Huh Hhhhhghhhg

Bro you need to work with sharp logic in anything in life and especially when you invest money,

I will try to be simple as possible .

We need go back to my explanation....

Let's say there is some demand for diamonds/bitcoins which determine the price per Bitcoin/diamonds ok,

Get it ....let's move on

If suddenly the selling rate of diamonds/bitcoins fall drastically because of few reason it will surge the price and will give the illusion that demand is was grew, and why it's give this illusion it's because price grow almost always by demand BUT here the selling rate of Bitcoin/diamonds just fell drastically and this is the reason why the price surge,

Now let's split the example...

Diamonds are only store of vaule most of the time and you cannot buy with them home,clothes,cars and so on you must to SELL them which hurt this industry...

Compare to bitcoins which act as store of value and money which mean compare to diamonds(don't get lost)

With Bitcoin you can buy directly and not SELL them like diamonds/gold which must be converted to cash, and when selling rate fall it surge the price per coin very simple, ...and startup like zeex from Israel and other which soon going to pop , another startup like this come from japan and it will help us to buy all the brands and almost anything with crypto which lead us to the first my explanation...

If the selling rate going fall drastically it will surge the price per coin and smart investors know all this shit, they know when he will surge by this sharp logic/factors(THE ANALYZER), remember diamonds/gold the selling rate will nevr will fall and only grow because its will never accepted as payment/cash and hence people need to sell them in order to buy cars,clothes,and other shit,,,,and when you sell you hurt the value but when you buy it dosent hurt the value and even surge the price.

So zeex already come and we will buy almost anything with  crypto. Soon you will see snowball effect it's around 1-3 years ...and you say 20 years???, Why and what without any deep understanding of economy.

Now let's move on....after we know one factor which surge the price per coin and market cap is fucked here when the selling rate fall and not cause because more demand comes but it give the illusion that demand grew but ironaclly it's just selling rate fall nothing more, and surge the price per coin.

Don't forget and don't get lost ....selling rate cannot fall in diamonds/gold because they pure store of value and stores,brands and so on don't accept it, it's mean you always must SELL in order get some kind money which accepted everywhere.

Let's go on...don't get lost....

So selling rate of crypto soon going to fall drastically from simple understanding that startups like zeex and other help us buy anything with crypto and when you BUY you don't hurt the price/value it's called exchange...

sum it in short:
1. must be low supply for this factors to work, because if the supply is to much big the demand will never be bigger then supply and will lose value over time.

2. when selling rate fall in bitcoin,diamonds, whatever its surge the price up, and give the illusion that demand grew but in reality nothing moved in demand its just people dont sell it, but with diamonds/gold it cannot happen because the selling rate will only grow and must converted to some other value(cash) that accepted in brands,cars,houses and so on...hence its hurt this industry...while bitcoin is act as store of value and cash,

3. after we know that when selling rate will fall and will surge the price of the bitcoin and other crypto with ONLY LOW SUPPLY, and give the illusion that demand grew yet ironically its just the selling rate fell and this is the reason why the price surge per coin, why it give illusion that demand grew its because the price almost always grew by demand but in this situation it grew because the selling rate fell drasticlly

4. now when the selling rate will fall drastically the demand didnt move yet think what will happen if the demand also will grew in the same time selling rate fall, its lead to astronomical number price per coin,,,,very logical and why??? sharp mind know to explain why and what the reason without hype and lies so everybody can understand this.

after all this

Then demand is going to bombard soon you know why?

I will not tell why it's so damn easy but after all what you read play with your logic make it more sharp and be analyzer....

I will give a hint

There is to much space for demand in other words 7-8% inside this game but it's not the reason why demand going to bombard soon,. IT'S JUST HINT...

Why it going to bombard figure out your self

Good luck

I did my best and in very simple way

LAST POINT : ask any math teacher he will say there are much more but much more less bitcoins then diamonds or gold and there is special equation to calculate this...which...you know what Smiley)
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July 07, 2019, 07:13:06 PM
 #148

You will only have yourself to be blame for your own investment decision. Maybe your thoughts was that one day the altcoins in which you invested will move higher in value the way bitcoin has move to the moon and it happen that the movement went against your expectation and that is why you are crying like a baby.
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July 07, 2019, 07:17:24 PM
 #149

You will only have yourself to be blame for your own investment decision. Maybe your thoughts was that one day the altcoins in which you invested will move higher in value the way bitcoin has move to the moon and it happen that the movement went against your expectation and that is why you are crying like a baby.


i think my answer need to relax* because it explained why price fall because from selling rate of crypto to convert it to cash but its going to change and hell fast....because when the rate selling will going close to zero and people dont need to conevrt it to money the prices will surge without even demand grow and market cap some how fucked up here...hhhhh

they will buy with this crypto directly which different from selling
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July 08, 2019, 08:18:56 PM
 #150

You will only get frustrate when all of your coins has no price in the market. Yes, bitcoin is one of the most valuable coin that you should buy or invest all you have to do is always be patience all the time and wait for the right time to sell or to trade when it comes to your coins.

Portfolio of most investors has 60% of Bitcoins at least, and this is just some statistics. Why should it frustrate someone? Altcoins are not going to die (I do not mean shitcoins), and some of them will bring a very good profit.
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July 08, 2019, 09:43:00 PM
 #151

So damn frustrated with bitcoin as it keeps on crushing altcoins like HST decision token
it's an Ethereum token, its dev could force/request exchanges to offer only ETH/HST and FIAT/HST trade pairs
without any BTC trade pair, your token would somewhat be freed of BTC dependency
but then you would start complaining that ETH is crushing on your HST token Grin

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July 08, 2019, 10:00:55 PM
 #152

Well, Bitcoin is currently in fomo/pump/hodl mode

To assuage your frustration with bitcoin, ride this rise in price (currently $12,347.84) by

'picking your own Bitcoin fomo/pump/hodl song of choice to play at such times!

What are your music choices to play when Bitcoin Pumps?

Put your choices here, via youtube or whatever so we can have a selection of BTC pump/FOMO music to choose from!

Seems to be the time to 'crank up the FOMO/PUMP/HODL music choices again for me. (see choice below) Smiley

Thread here: https://bitcointalk.org/index.php?topic=5157131.new#new

--------------------------------------
Secret Agent Man is my choice of song. The lyrics seem to sum up the life of danger for those of us in Bitcoin and Crypto!



https://www.youtube.com/watch?v=nGZ0ntpSx2Y

For fun, post your HODL/FOMO/PUMP music you listen to on the thread above.

later

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July 09, 2019, 10:32:56 PM
 #153

You will only get frustrate when all of your coins has no price in the market. Yes, bitcoin is one of the most valuable coin that you should buy or invest all you have to do is always be patience all the time and wait for the right time to sell or to trade when it comes to your coins.

Portfolio of most investors has 60% of Bitcoins at least, and this is just some statistics. Why should it frustrate someone? Altcoins are not going to die (I do not mean shitcoins), and some of them will bring a very good profit.
Agree with that, altcoins will soon to have their time to show great prices, only this time that investors are focusing on BTC investment rather than to reconsider in investing altcoins. We can't blame them for not be in altcoins today cause they never find it more profitable. And holding a lot of BTC for them will actually be working, it maybe there is a change of mind and looking for altcoins.

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July 10, 2019, 03:33:22 AM
 #154

I am furious at bitcoin today, just furious to high hell, look at what its done to my $50,000 investment in HST decision token Cry
Opportunity missed is missed forever with altcoins, bitcoin and the top listed altcoins were not the same. You've got an opportunity to profit big that what bitcoin provides as the price of HST decision token has reached $2.5+ value. This is not with you alone more people around has experienced the same impact of being greed investing on altcoins.

The altcoins were truly potential, but the greed of bigger and bigger profit kept me look for a better opportunity leaving the opportunity that we got. Hope some day you and everyone who missed their profit will get back.

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July 10, 2019, 04:12:30 AM
 #155

I have been crying  Cry for real today, the pain of holding an altcoin while bitcoin is crushing it just got a bit much for me to handle today. Hope for a better day tomorrow.  Sad
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July 10, 2019, 04:31:13 AM
 #156

I have been crying  Cry for real today, the pain of holding an altcoin while bitcoin is crushing it just got a bit much for me to handle today. Hope for a better day tomorrow.  Sad

There will be no better tomorrow. Gone are the days when useless projects could garner a market capitalization of $100 million, or even $1 billion. The users are more matured and experienced now. Promising projects such as Ethereum and Cardano may attract investments, but worthless ones such as DOGE and Tron are going to die. If you don't want to lose your money, then convert whatever alts you have to either BTC or fiat.

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July 10, 2019, 06:01:52 AM
 #157

You can still make profit out of btc, just stop crying for alts.. Now a days it touching 12k-13k then coming down to around 10k. Just look around buy at dip. There is a saying in trading market 'Buy the Rumor, Sell the News'. But very volatile market.

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July 10, 2019, 06:35:10 AM
 #158

This explains everything, LOL:

Connor MacLeod, also known as The Highlander said it the best.... "In the end, there can be only one."  Wink  <If you do not know who he is, then you are too young to play with the older kids.> *joke.

Kakmakr is right. In the end, there can only be one. Bitcoin is the only true cryptocurrency and it is the only crypto that will survive to the end. I feel bad for those who made their investment with various altcoins. May be it is time to admit that there is no point in holding on to these shitcoins and move ahead. You can either convert your coins to BTC, or sell them for fiat. It is up to you to make the decision.
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July 14, 2019, 03:06:53 PM
 #159

Bitcoin will always run a monopoly against other all other altcoins because it has no regulation and there is no central figure to call shots except the bitcoin community as a whole, that has brought trust and adoption to bitcoin compared to other alts.

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July 15, 2019, 04:47:27 PM
 #160

Many altcoins holders now are really frustrated and i really feel there loss, but i think bitcoin will continue to be stronger and many altcoins will crashed, that's why many investor are choosing to put there money on bitcoin over altcoins now.

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