Are you ready for the Halving ??? Not that Halving, the PRICE Halving of Bitcoin

[HardFacts]

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

3.  BitCoin was initially pumped up as alternative to Fiat Currency, to use for everyday Transactions...  When that false narrative of using bitcoin as money failed, they changed the narrative to BitCoin as " Digital Gold ".   Now the narrative of BitCoin as a safe haven is rapidly falling apart...  How many times do you have to be fooled before you start to figure it out ?

4.  The last 10 years of BitCoin has been an Economic Bubble and good times, where everything was going up and could not lose.  EVERYTHING IS DIFFERENT NOW.   The good times of the last 10 years are OVER.   Anyone staying in the stock market, or BitCoin, or anything else that went up in good economic times is going to be in for a very hard life lesson 

Hard Facts

[fudster]

Did anybody notice this guy sounds like Peter Schiff who asked help from the internet because his BTC wallet forgot its password?  

Peter was also the one who kept declaring btc has no value that is a waste of energy and all.

Well what you are saying is true though. The next halving could be worst so watch for it and dump yours  after another price halving.

[bgaf]

It seems that your hard facts are influenced by grudge too.

Bitcoin halving is a normal event for bitcoin, and looking forward to this somehow give some investors a chance to see its potential.

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

No one said its a safe haven. There are always risk on cryptocurrency investment. If bitcoin is as you imply then why thr price go down. People got affected by a crisis and I think none sector can escape its effect even whatever safe haven it is.

How many times do you have to be fooled before you start to figure it out ?

Its not a fooled events but too much expectation on everyone else. We know how volatile it is, so dont think it always favor our course, sometime what must comes up must go down. Thats the way it is, and its happening even in the past. This is just a normal pacing on bitcoin's complicated adventure.

[Lucius]

I'm always ready for anything, even on that price of BTC drop to 0. I don't understand your sick obsession with saying something to someone xx times, for exactly which reason? Anyone can do whatever they want with their money, invest it in BTC, left in the bank or use it for kindling fire on which will bake barbecue, what problems do you have with these facts?

Stop wasting your and our time and find yourself some other interest, you will not change anything.

[gentlemand]

Dear Hard, the more fervent you are the more people will tune you out.

If you want to break our spirit then you have to be rather more insidious than a relentless spew of puerile squeaking. That way lies the ignore button.

[avikz]

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

If someone is claiming a volatile asset like bitcoin as a safe heaven - God help them! Gold can be considered as a safe heaven but not bitcoin. I am sure, old members of this community will say the same thing.

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

That's obvious! But do you know that 117 million worth of bitcoins sold off by Plus Token scammers which actually led the market to collapse? Read below,

https://cryptoslate.com/chinese-scam-plustoken-is-moving-117m-in-bitcoin-research-firm/

Your remaining points have been discussed million times here without any conclusions. Price of bitcoin was always fluctuative. There's no way we can have a stable price here. We just need to learn to ride the wave to make money!

[xiboothrezi]

Come take a cup of coffee and make your mind relaxed. Nothing is perfect, especially in the face of a crisis like this, the global economy is deteriorating due to a pandemic. In this case, health is more important than assets, most people choose to prepare fresh funds to support life in the midst of this pandemic. Panic arises, the market falls apart, but we know that this is only temporary,
Well, during this decade, BTC doesn't always go up, right? so this deep decline is also normal, just wait and see, if there are fundamental factors that support there will definitely be a bounce, and make sure at that time you don't say: Wow!

[cryptogod322]

I already felt this miracle of halving on myself, I just lost all my money in a recent fall. However, I still believe that Bitcoin will return its value and eventually become a refuge during the global crisis.

[The Sceptical Chymist]

It seems that your hard facts are influenced by grudge too.

Agreed, and OP is being a scuntmuffin in my bicycle thread, too.  I'm looking for helpful suggestions, and I'm already aware that not many retailers accept bitcoin but he keeps on with this anti-bitcoin stuff.  Makes me wonder if he got burned in the market at some point.

Dear Hard, the more fervent you are the more people will tune you out.

Especially on a forum about bitcoin.  If you're going to be an anti-bitcoin drum-beater, at least be amusing like kwuckduck was (and I wonder where he went to, btw).

1.   IF BitCoin was a safe haven

It's not a safe-haven asset, and one would be silly in thinking it is one.  I would also add that if you had any such thoughts prior to this coronavirus outbreak, the market volatility has just proven that it is not.

[HardFacts]

I don't understand your sick obsession with saying something to someone xx times, for exactly which reason?

Just like your and everyone else here with their " sick obsession " of promoting and pumping up BitCoin  

You accuse me of saying something XX times, when you guys post to pump up BitCoin much more often than I ever do...  Google the word HYPOCRISY and learn its meaning.

Hard Facts

[HardFacts]

It's not a safe-haven asset, and one would be silly in thinking it is one.  I would also add that if you had any such thoughts prior to this coronavirus outbreak, the market volatility has just proven that it is not.

Your statement PROVES beyond any doubt your total ignorance about BitCoin and how it was being marketed on CNBC, and all over the place as " Digital Gold " and a safe haven asset:

https://www.ccn.com/heres-how-bitcoin-can-bring-digital-gold-narrative-back-to-life/

https://www.coindesk.com/bitcoin-no-longer-looks-like-digital-gold-by-one-measure

https://zycrypto.com/bitcoin-is-digital-gold-and-the-upcoming-halving-will-make-it-more-potent-as-a-store-of-value-coinbase/

Google it...

[kentrolla]

Mate, itseems you are aggressive after the dump of BTC and I am sure this will not spoil the reputation of crypto economic crises is happening every where not only in crypto market. Situation has worsened and the corona scare has impacted most of the countries and the economy as well, react according to the time and situation mate I hope you know about the nature of crypto currency and that's the reason it's called extremely " volatile "...

[kryptqnick]

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

3.  BitCoin was initially pumped up as alternative to Fiat Currency, to use for everyday Transactions...  When that false narrative of using bitcoin as money failed, they changed the narrative to BitCoin as " Digital Gold ".   Now the narrative of BitCoin as a safe haven is rapidly falling apart...  How many times do you have to be fooled before you start to figure it out ?

4.  The last 10 years of BitCoin has been an Economic Bubble and good times, where everything was going up and could not lose.  EVERYTHING IS DIFFERENT NOW.   The good times of the last 10 years are OVER.   Anyone staying in the stock market, or BitCoin, or anything else that went up in good economic times is going to be in for a very hard life lesson 

Hard Facts

1 - That one's true, I think.
2 - For now, Bitcoin is failing as Save haven, I agree. However, I believe that things might change in the future. The situation with COVID-19 is extraordinary, and no wonder people are panicking. It's not just Bitcoin that's going down, it's everything. But I do hope that they'll soon realize that Bitcoin is one of their couple of options  (if not the only one) to save their money right now. So perhaps we just have to wait a few months for that.
3 - No narrative has fully failed, not everyone supports the 'Bitcoin is Digital Gold' approach and rejects 'Bitcoin is an alternative to fiat' one.
4 - We don't if it's over or not. Major drawbacks have happened before, and this could just be one of them.

[Sanugarid]

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

Isn't it because we're not capable and ready for this? I mean look, why would people keep their money in times like this? they need money to cover a food for every 72 hours, water every 24 hours etc. Why would people buy bitcoin when there is nothing they could spend it with? look at the malls, they are being closed as safety measures, merchants online are not able to operate. Bitcoin is really a safe haven but the thing is and the question is, are we making it a safe haven?

Everyone is right, you are trying to focus on the price dump making yourself to look like anti-bitcoin on this forum. That's so much silly of you mate.

[HardFacts]

1 - That one's true, I think.
2 - For now, Bitcoin is failing as Save haven, I agree. However, I believe that things might change in the future. The situation with COVID-19 is extraordinary, and no wonder people are panicking. It's not just Bitcoin that's going down, it's everything. But I do hope that they'll soon realize that Bitcoin is one of their couple of options  (if not the only one) to save their money right now. So perhaps we just have to wait a few months for that.
3 - No narrative has fully failed, not everyone supports the 'Bitcoin is Digital Gold' approach and rejects 'Bitcoin is an alternative to fiat' one.
4 - We don't if it's over or not. Major drawbacks have happened before, and this could just be one of them.

Even if you disagree with me on some things,  TOTAL RESPECT you for considering the facts, and making your best rational analysis of the facts.   You are way more honest and intelligent than the vast majority of willfully blind people on this forum.

Hard Facts

[CryptoLordguru]

1.   IF BitCoin was a safe haven or " Digital Gold ",  this economic crisis is the PERFECT environment for BitCoin to go up, and even skyrocket...

2.  BitCoin price is CRASHING in its first test in a crisis, so much for the " Digital Gold " BitCoin as a safe haven narrative...    REALITY: More people are selling BitCoin than buying it in this crisis, hence the price drop.

3.  BitCoin was initially pumped up as alternative to Fiat Currency, to use for everyday Transactions...  When that false narrative of using bitcoin as money failed, they changed the narrative to BitCoin as " Digital Gold ".   Now the narrative of BitCoin as a safe haven is rapidly falling apart...  How many times do you have to be fooled before you start to figure it out ?

4.  The last 10 years of BitCoin has been an Economic Bubble and good times, where everything was going up and could not lose.  EVERYTHING IS DIFFERENT NOW.   The good times of the last 10 years are OVER.   Anyone staying in the stock market, or BitCoin, or anything else that went up in good economic times is going to be in for a very hard life lesson  

Hard Facts

As you can read above that Bitcoin is not a safe heaven but it is as volatile as other commodities. The concept of bitcoin is not to be a safe heaven but to be transparent, decentralized and fair enough for everyone to maintain the network and equally earn the block rewards. Everything is so transparent that everyone understands which is just opposite of what bank cartels are doing. Hence, like minded people who understand the value of freedom and decentralization are supporting it in different ways. There will be times when the value of bitcoin goes up as well as comes down. I understand your frustation and it may help you and others  to know why you are feeling so.. It is because you thought of making quick profit but you didn't and you are all the time comparing it with the value of fiat currencies which makes you sad, frustrated and angry. I would suggest you to learn a bit more before you put your money in something. People do lose money if they make decisions in rush. Relax and live the moment Goodluck

[Artemis3]

The real question is, Are you ready for the doubling? Because once the economy recovers and the virus becomes a thing of the past, this market is full of cheap things to buy. In fact, China has already announced their crisis to be ending, so they are returning to work and production. And what do they find? Everything has gone dirt cheap in the world (except masks, maybe).

I think the time is nearing for you to buy cheap before the Chinese start doing it...

I think this bear sentiment will quickly move into bull soon. Don't say i didn't warn you.

[rdluffy]

It´s hard to people like you undertand how bad this crisis is
It´s not affecting only financial, but the life of the people is at risk, regular jobs, students, older people, you are suffering and do you want to have BTC skyrocketing?
It makes no sense to me right now

[HardFacts]

It´s hard to people like you undertand how bad this crisis is
It´s not affecting only financial, but the life of the people is at risk, regular jobs, students, older people, you are suffering and do you want to have BTC skyrocketing?
It makes no sense to me right now

INTELLIGENT and rational people are invested in things that will do well in a crisis, yes there are stocks that go WAY UP in a crisis.   The virus will end soon enough, and most people will lose so much wealth, but a smart few will do very well and be wealthier than ever before.    I do not know why you do not care about your money, but it will be more important than ever when all this ends are there are no jobs available...

Hard Facts

[Lucius]

I don't understand your sick obsession with saying something to someone xx times, for exactly which reason?

Just like your and everyone else here with their " sick obsession " of promoting and pumping up BitCoin  
You accuse me of saying something XX times, when you guys post to pump up BitCoin much more often than I ever do...  Google the word HYPOCRISY and learn its meaning.
Hard Facts

This forum (like any other) is a gathering place where people discuss something that interests them, and since crypto obviously not interests you what are you actually doing here? No one is interested in the FUD you are trying to spread, especially in times like this - if you don't like BTC, it's your personal matter and it really doesn't interest anyone.

I advise you to go to your psychiatrist (if you have one) and tell him your story, after which he will probably diagnose you with some disorder.