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Author Topic: Do not be fooled  (Read 3948 times)
ampere
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March 18, 2020, 08:31:33 AM
 #81

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

I think ideally it is wrong to think or assume that people or investors are exiting the crypto space.
Different individuals are experiencing different circumstances at this time.

While some peeps are selling off their portfolios to get preventive tools due to the corona pandemic, some have more than enough funds, so they spend on preventive tools and also buy the dips.

Bitcoin is on the road to recovery, and the cure to the  pandemic will bring a cure to all
DDante
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March 18, 2020, 08:38:27 AM
 #82

I know the virus was unleashed to cripple stock market on purpose and it's successful, the only thing left now is market recovery which will start any time soon since the vaccine for the virus is detected alteady, I suggest we keep our calm now
princerepon
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March 18, 2020, 11:43:06 PM
 #83

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Totally agree with you. I think it's perfect time for those people who are always hungry for profit. Cheesy Stupid people are joining in panic party and this the chance for everyone who want to earn huge amount profit from invest. Market is much down than people thought and this is really big opportunity. And i am tired to talk about those people who thought btc scam or dead. Cheesy Cheesy Just ignore them who has no idea about crypto currency.
Wend
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March 24, 2020, 11:22:22 PM
 #84

Well maybe some people lost so much assets because of corona virus and they just play safe. From other perspective this is a good chance to buy BTC or any ALTcoin right now because the price is lower. Bitcoin died many times and i believe it will recover again soon or later.
Maybe one of us are now scared on what happen to crypto it will be affected to low of price or not. We need to be postive always and hoping they recover again than blaming the thing that would not know the cause. I dont think so if this will be a time for us to buy a BTC or altcoins maybe the people will be decide if they buy or not.

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March 25, 2020, 01:20:36 AM
 #85

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
At first, I didn't believe that this virus will create a big impact in crypto world but right now I can say that you are right that this virus really affect not only the global economy but also the crypto world. Especially those country that impose a lock down in their area, many people will go panic buying and withdraw whatever money they have.

And for those people that owns a crypto, many of them will surely sell their holdings just to support their needs in this time of crisis especially if they have no other options. Only big whales are not that affected in this crisis as they have extra money to support whatever responsibilities they have to settle either in their employees or on their families. But let's just hope that we can cross this crisis and the vaccine will be successfully develop soon so we can expect a good comeback this year as we are nearly in the bull season. 

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March 25, 2020, 01:35:21 AM
 #86

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
At first, I didn't believe that this virus will create a big impact in crypto world but right now I can say that you are right that this virus really affect not only the global economy but also the crypto world.

Well i agree with your logic but The most recent PlusToken transaction was on March 8, 2020, when 13,000 Bitcoins worth $105 million made thier way to be dumped on the market. And i think that what sparked the bear market and covid-19 worked as the catalyst.
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March 25, 2020, 06:33:04 AM
 #87

Coronavirus is the reason why market is in very bad shape,
Stock market but not the crypto field.

it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
As of my understanding you are in contradiction of your own statements.
There is no corona virus before but yet bitcoin will go deep.
Why is this different?
Corona virus or not bitcoin will move which no one could explain.
You could put all the news and events of the world but yet it is not connecting with how the bitcoin market will fluctuate.

Yeah exactly, I agreed with you.  Irrespective of any disease, rising and fallen (instability) has always been one of the characteristics of crypto markets. I am not completely ruling out the possible impact of the pandemic on the market. But we need to understand that, it is not the major determinant.  Crypto markets has a lot of forces controlling it besides any disease outbreak.
memed97
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March 25, 2020, 07:51:15 AM
 #88

I know the virus was unleashed to cripple stock market on purpose and it's successful, the only thing left now is market recovery which will start any time soon since the vaccine for the virus is detected alteady, I suggest we keep our calm now
It seems like you are a bit pretentious about the virus that is circulating at this time, if I may know where did you get the news that the virus that was released at that time was to paralyze the stock market on purpose? and how do you know that the market will recover in the near future?
gensol
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March 25, 2020, 07:54:14 AM
 #89

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.
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March 25, 2020, 08:28:27 AM
 #90

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.
The funniest thing is people who were too coward to hodl on/buy more btc on the dip are going to lose more value than those who did eventually invested in "dead" bitcoin.
Crypto is a growing field so macro mistakes and some problems could be overgrown relatively easily
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March 25, 2020, 08:58:55 AM
 #91

That sudden drop of Bitcoin to 3600$ is a big opportunity, now many of those who took the advantage are already in big profit and even if they hold longer it's still larger profit, I missed out on the dip though but it's not the end, more opportunities incoming

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March 25, 2020, 09:24:22 AM
 #92

Spending years in crypto space I've come to understand that crypto will always go up and down, it's the way things are with crypto, so I don't expect you to lose it when people tell you that's the end for crypto, it's never going to happen unless you invest in scam projects

rahmatullah9305
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March 25, 2020, 09:28:04 AM
 #93

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.
You are a little wrong in seeing the history of bitcoin, because since Bitcoin was discovered in 2009 by satoshi, Bitcoin has never experienced a single death, and tends to grow well until now, so you are a little mistaken if you judge bitcoin to have died several times just because of the decline prices that occur in the market.
Greatchu
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March 25, 2020, 09:38:06 AM
 #94

You're right Bitcoin has died many a times but it's still alive today. People should not give up yet until its over the market will recover and this pandemic will be over someday. Always remember halving is near and anything can happen to Btc price and the entire cryptocurrency market.
You are a little wrong in seeing the history of bitcoin, because since Bitcoin was discovered in 2009 by satoshi, Bitcoin has never experienced a single death, and tends to grow well until now, so you are a little mistaken if you judge bitcoin to have died several times just because of the decline prices that occur in the market.
The reason why he's said that bitcoin have died many times is because many thought once it's in trouble its not going to prevail, look at what happened when bitcoin it's 3500$ days back many already spread the death of Bitcoin on the internet, even on here

ArIMy11
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March 25, 2020, 10:06:59 AM
 #95

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Yes, maybe the coronavirus affected the crypto indirectly. The most impact is on the physical economy.
For me bitcoin did not died several times. It just dumped and see it still suprises us with sudden rise. Some might said  "it is the end of crypto but see crypto is still here. Believe on what you see, a strong coin. Just let them tell what they want. Do not be fooled.

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March 25, 2020, 10:10:19 AM
 #96

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

Yes, maybe the coronavirus affected the crypto indirectly. The most impact is on the physical economy.
For me bitcoin did not died several times. It just dumped and see it still suprises us with sudden rise. Some might said  "it is the end of crypto but see crypto is still here. Believe on what you see, a strong coin. Just let them tell what they want. Do not be fooled.

Of course it did not died, but people are just overacting calling bitcoin dead everytime there is a huge dump, and that is the reason of the panic.
While the newbie are panic selling, the whales are just waiting for the right dip and they'll buy right away so they can take advantage of the weak hands.

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March 25, 2020, 10:38:07 AM
 #97

many people say like that maybe because they don't really know crypto and don't know how the history of bitcoin is or maybe they are traumatized because they lost a lot of money here

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March 25, 2020, 10:53:11 AM
 #98

Well yep, every time crypto market is dumping, people will panic and shouts cryptocurrencies will end. I don't think cryptos will end because of this bad situation that we faced, I'm sure people will use digital money or cryptos instead of fiat, it is risky if they using fiat because it can contained the corona virus.
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March 25, 2020, 11:02:20 AM
 #99

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology

I agree with you. I think the dip in the crypto prices in the market right now is largely due to the effect of the coronavirus affecting almost all countries worldwide. Traders and investors are more concerned about their welfare than focusing on cryptocurrencies. I bet once the situation becomes controllable, the market will be able to bounce back again.
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March 25, 2020, 11:09:15 AM
 #100

Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
Absolutely agree with you, Corona virus has caused the market to collapse as it is now and even it affects the entire economy in the world. I fear that if this situation continues to occur, this market will collapse more heavily than before. Right now we need to hope that this epidemic will end as soon as possible, and not too many people will die in the future. Since then this market can develop

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