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Author Topic: Is bitcoin truly moving forward?  (Read 1297 times)
milewilda
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October 12, 2020, 08:38:24 PM
 #21

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
Not to be harsh but bitcoin is really different into Gold,stocks,currencies which do had somewhat stabilized value and if you dont like Bitcoin price volatility then you're free to leave because no one forces you out to join into this market.Its a digital currency that anyone can use and it isnt really solely created for the sake of investment but rather its created for payment system and moving price is just a bonus depends on the people
whom do support or make use of it.No one can held up into its price into one place even though it might shoot up or crash down then its totally part of the entire market cycle.
Asking if we are moving forward? Numbers might not but if you do compare the adoption level into past years then you can say that it is indeed moving or does really have that progress.

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October 12, 2020, 08:59:12 PM
 #22

If bitcoin movements were predictable, I think everyone without exception would own bitcoins. Nobody wants to deceive yourself, if you buy high and sell low, then it is your fault and not about cheating yourself. When we buy, at least at the same time you are ready for all the risks. So when you buy at a high price it is enough for you to continue to be patient, because when we buy at least we believe the price will increase over time and therefore, always control yourself because something that can make you lose is when you panic without realizing that the price will recover.

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October 12, 2020, 09:46:17 PM
 #23

As you enter this industry, you must have better known and understood that Bitcoin and every other cryptocurrency you can find in the market do possesses that characteristic of being volatile so there is always an open chance that the price of the cryptocurrencies like Bitcoin will likely to change whether in a dump or pump situation. Yes, Bitcoin is moving forward when it comes to usage and adaptability in a sense that people are now recognizing Bitcoin's worth and are much willing to get engage into it. Every currency do experience changes even in terms of fiat for there is no stability because there are certain factors affecting why the prices changes so the same thing applies on the cryptocurrencies just like Bitcoin. In terms of buy and sell, it would be dependent on you to decide on which time you will do those things and at the same time it is up to you on how you will manage on dealing with the circumstances while making it profitable.

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October 12, 2020, 10:53:54 PM
 #24

It seems that you only see the development and movement of Bitcoin from the price, not the value. Price is related to the number to see the rate of BTC. But Value is different, Bitcoin has value because it has supply & demand, scarcity, and also utility. We know that BTC is limited, don't we? This is also what makes the Bitcoin value increase.

Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?
No, Bitcoin is not always going low, BTC price is volatile, still very volatile that can make the price up dan down easily. We can control it because Bitcoin is decentralized, the market will do and there are lots of people who play BTC on the market.
But, this is what the daily traders utilize to get profits, from its volatility.
However, if we are investors, moreover long-term investors, we may not focus on the volatility of daily movement. You may not be confused, if you bought it in $15k and BTC is down to $5k, so must hold it. Hold it until the price is going up. Many long term investors experience this and they still hold the BTC for the shake of avoiding lost.

R


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October 12, 2020, 11:21:41 PM
 #25

Of course Bitcoin is moving forward, moving very fast in my opinion. Just pay attention when Bitcoin was first created until now,
the price increase was very high. It's like you are only focused on looking at Bitcoin from 2017 when the price hit $ 19,000.
And until now it hasn't succeeded in returning to the all time high price. And I'm not happy about that too, but if we're investors,
definitely understand finding a solution. If the Bitcoin price hasn't risen above the price when we bought it, just hold it until the
price goes up. You only need to be patient when investing in Bitcoin.

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October 12, 2020, 11:25:48 PM
 #26

Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
[/quote]
  
   There's a huge gape between gold and bitcoin. Gold has been in use for centuries, while bitcoin is a new method of transaction, that started in our recent generation. When comparing, check the age difference and also remember that gold is globally accepted no one rejects gold, while most people or countries don't know about bitcoin.

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October 13, 2020, 01:03:39 AM
 #27

Of course Bitcoin is moving forward, moving very fast in my opinion. Just pay attention when Bitcoin was first created until now,
~snip~
Bitcoin is moving very slowly in my opinion, too far to speak when it was first created until today,
what I understand in this discussion is about the comparison of bitcoin around 2017 to 2020, and the movement of bitcoin when compared to previous years the movement is quite slow (when it comes to prices), but when it comes to bitcoin development in general the movement is quite fast, especially the development of the cryptocurrency ecosystem.
and this all depends on how we react.
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October 13, 2020, 03:13:53 AM
 #28

The weak hands will always be victim of Bitcoin behavior when it come to price movement and the only thing you and others should see is potentials while hold. Buy Bitcoin at this moment and wait for it price to rise will do more miracles than the weak hands most of Bitcoin holders have since inception  

You have projected the best angle to look at bitcoin investment. Hold is the real word. Understanding it as a game is most vital investment tool.



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The graph is quite expository indeed.


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October 13, 2020, 03:44:36 AM
 #29

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away.
Nothing has been changed for bitcoin. I think you are one of the few people that are scared whenever you see bitcoin moved from top to bottom. Haven't you figured out the balance of bitcoin's ecosystem that it has to go up and to go down some time? It is not important that it scares people away if they're only for the price. Bitcoin shall remain as bitcoin from the beginning satoshi has made it and evolved overtime.

Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
I would be happy to buy it again. What makes you worry is that you are thinking too much of bitcoin in the short term. Think of bitcoin in the long term thus, you do leave bitcoin and sell in the price you get margin.

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October 13, 2020, 04:22:43 AM
 #30

Due to its decentralized nature Bitcoin is very volatile. Can the problem be solved? Of course, no.

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October 13, 2020, 05:06:44 AM
 #31

i see  . the issues that your referring to are the decline of the price because i thought its about the fees . you know when price increase fees follows as well and fees are by far the most concern of bitcoin netizens but not the declining of the price because its already given at the start that btc value is not stable although there are peepz that cant accept it and still complain that btc price should remain or grow up more . it was like a website , when a website grows the issues do also shows up and occur too frequent but the point is they are still moving forward .
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October 13, 2020, 05:42:48 AM
 #32

Yes BITCOIN is truly moving forward and evolving from a technical point

There are regular core updates and the Lightning network will make speed and use of moving coins quicker and better

Even so when the price of BITCOIN drops it still finds a way back up.

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October 13, 2020, 05:46:39 AM
 #33

Bitcoin is really moving forward a lot Bitcoin is moving much faster than other currencies but now the market for bitcoin is getting much slower Bitcoin is slowly advancing. Bitcoin investments have to wait patiently because the market will continue to grow on demand and prices will rise a lot. The demand for crypto for bitcoin is developing this is why bitcoin is moving forward slowly but its value is much higher.
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October 13, 2020, 06:21:00 AM
 #34

First of all, bitcoin is a breaktrough in technology of decentralized digital money. The very fact that it has grown many times in value is a very clear indicator that it is moving forward and only forward. You mistake is that your view on bitcoin is based on wrong metrics. What you do is measure decentralized money in terms of centralized money, which is a serious misconception since centralized money distorts prices on the market. It may seem that bitcoin is not moving forward because its development progress is very slow. But it should be slow, it should be done very carefully, because, as we have learned, bitcoin is decentralized money: if there is a severe bug in its code, it might lead to collapse of the system, money will lose its purchasing power.

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October 13, 2020, 07:20:05 AM
Last edit: October 13, 2020, 08:08:37 AM by death69
 #35

When bitcoin was first created, Satoshi Nakamoto wanted Bitcoin to become an online currency which could used mostly p2p without being controlled by the third parties. Bitcoin was dreamed to replaced cash at that time. However, the situation currently changes. Its primitive purpose is becoming deteriorate day by day. We cant blame anyone. Because people are free to use bitcoin in any way they want. And as the result, bitcoin turn out to be a digital investment which people try to manipulate for their profit/income.

Hence, bitcoin becomes as volatile as stocks whereas many people can maintain their profit by buying and selling bitcoin. It is not as bad as you think but it will be harder for novices to make profit with bitcoin. There are still strategies for novices such as holding and accumulating for a long term investment. It depends on your choice. The more knowledge you have in this field, the more loss you can avoid. Wisdom is essential in this area
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October 13, 2020, 08:38:34 AM
 #36

I truly believed that bitcoin is moving forward continuously and getting much more recognition from investors and supporters until this time despite the pandemic we are into right now, bitcoin is moving forward and steadily having great price for couple of months now. Bitcoin came long a way to come to it's position right now as still the top tier coin on crypto market and still going strong to reach it's goal for mass adoption.

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October 13, 2020, 08:48:02 AM
 #37

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.
You have to solve nothing because this is the proof that cryptocurrency market is legit and Healthy,Looking at the price of Bitcoin is considering that the
chances of growing high and low is always there.

https://coinmarketcap.com/ check each coin mate and you will find the difference and how stronger Bitcoin is

https://coinmarketcap.com/currencies/bitcoin/

this to prove all the claims against Bitcoin about being scam is false.




But you can contribute mate since you said an claim being experienced here ,Try to accumulate more Bicoin as you can and Just let it stay in your wallet.

and encourage people around you to invest inside crypto also,maybe not Bitcoin but in altcoin also to be added in capitalization.

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October 13, 2020, 09:06:22 AM
 #38

Humans came into contact with gold around 40,000 B.C, while Bitcoin has been existing for 11 years. Of course, gold investors aren't experiencing volatility problem now.

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October 13, 2020, 09:14:07 AM
 #39

I truly believed that bitcoin is moving forward continuously and getting much more recognition from investors and supporters until this time despite the pandemic we are into right now, bitcoin is moving forward and steadily having great price for couple of months now. Bitcoin came long a way to come to it's position right now as still the top tier coin on crypto market and still going strong to reach it's goal for mass adoption.
Bitcoin is doing very well so far however it doesn't mean bitcoin is about mooning. It's going to be bear for a while but we could still be consolidating between $10.5k-$12k before the next impulse up or down. However, with bitcoin we're always good position since mass adoption on the way.
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October 13, 2020, 09:34:22 AM
 #40

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin,

See Bitcoin price regulations is not constant and no one can regulate  it or predict it's constant price perfectly, actually some predictors has been emphasising about btc price to be approximately $20'000 before next year which we are looking up to.



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the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?.

People who get scared of Bitcoin rising and falling is people that is not determine in btc and also people who do not understand the ethics of business, because no business on Earth irrespective the amount used for establishment that does not operates in risk, the possibility for people who adventure into business to make profits is equivalent for them to lose, it's similar to Bitcoin, So purchasing btc with the rate of $15,000 and lost $10,000 at end does not mean btc is worthless, it's nature of market, because market determine.







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