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Author Topic: Whats wrong with btc  (Read 364 times)
Voxo2222 (OP)
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December 08, 2021, 07:12:28 PM
 #1

Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.

If those things about btc not going to get any better then dark future wait for btc.
People move there where money is flowing good example is safe moon ...yes its funny project but at least ordinary people have improved their financial situation.

But yeaah traders knows soon btc not even good as market indicator and eth no better its also not moving.
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December 08, 2021, 07:17:52 PM
 #2

I will advice you not to think some altcoins is the new trend, there are some you will take money into and lose. Know that you following some altcoins is like gambling. That is all I can say for now.

Bitcoin price can never be stable, then what are you saying? There will be bear and bull market, this has been the reason more people are getting to like bitcoin, some will wait for the price to fall and then also invest. The price will later increase and everyone will also still make profit if not in haste.

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December 08, 2021, 07:20:46 PM
Last edit: May 14, 2023, 03:05:43 PM by NeuroticFish
Merited by DdmrDdmr (2), Ultegra134 (2), Rikafip (1), shahzadafzal (1)
 #3

4h ago you made a thread basically complaining about the price fluctuations. Now you are complaining that the price doesn't move much...

You can learn patience and enjoy the ride or you can... basically do this:



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Voxo2222 (OP)
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December 08, 2021, 07:26:09 PM
 #4

4h ago you made a thread basically complaining about the price fluctuations. Now you are complaining that the price doesn't move much...

You can learn patience and enjoy the ride or you can... basically do this:




Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.
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December 08, 2021, 07:29:41 PM
Merited by hosseinimr93 (1), QuickAccount (1)
 #5

Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.

Actually bitcoin doesn't have to do anything.
And the white paper didn't tell anything about speculative asset. Are you sure you've read it?

The fact you expect something from it... that's basically your problem.

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Voxo2222 (OP)
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December 08, 2021, 07:44:46 PM
 #6

Bitcoin is speculative asset and market movement indicator and it should do what it should.
If it dont get the job done its not needed.
Simple way i say it.

Actually bitcoin doesn't have to do anything.
And the white paper didn't tell anything about speculative asset. Are you sure you've read it?

The fact you expect something from it... that's basically your problem.


Not only me but many traders think same.
Whitepaper is just someones fantasy and imagination anyone  can write all kind of things.
Right now its clear what btc for are to be speculatative asset and market movement indicator.
But lets see if btc show better side and be useful for traders again
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December 09, 2021, 08:38:35 AM
 #7

Personally, I don't think other tokens and coins are going to stop following BTC anytime soon. Yes, Bitcoin has remained a bit consolidated and some others have made moves recently, but it's not like all these tokens are setting new all time highs while BTC isn't moving much. I'm looking at CMC right now and BTC is in the red over the last 24 %, so are just about all the other tokens there except a few, which are up like 1-2%..You know the market is volatile and once Bitcoin starts shooting up again we'll see these other altcoins follow again. I wouldn't go giving up BTC as an indicator just yet, but I would also never make my main crypto strategy one based solely off other tokens/coins following Bitcoins path.

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December 09, 2021, 08:44:52 AM
 #8

I don't think having a coin that moves 10-20% every day is a good market indicator. It's good that bitcoins are not moving so heavily anymore. It's a sign that the  BTC market evolved and is more mature which makes it more attractive for investors. Showing lower volatility means that we have less noise in our trading signals. Its very similar to the stock market where small and mid cap companies move much more than the blue chip stocks. A sideways trend is also an indicator.
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December 09, 2021, 08:59:30 AM
 #9

There's no problem with bitcoin because that's how it works after climbing and making ATH. the problem is holders because when there's a situation like this they all panicking and dumping, so blame those weak hands mate.lol indeed ever since before market always make a correction after the green day. So don't be surprised, be patient instead because that's what it is, i mean bullish and bearish situation..
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December 09, 2021, 09:09:16 AM
 #10

Not only me but many traders think same.
And just because many people (according to you) think the same it must be right? Yeah, sure...


Whitepaper is just someones fantasy and imagination anyone  can write all kind of things.
Nope, Bitcoin works according to whitepaper.



Right now its clear what btc for are to be speculatative asset and market movement indicator.
That's maybe for you, and other like minded people. Thing is, you can use Bitcoin for whatever you want: wanna use it as a sore of value? Ok. Wanna use it as an indicator for other altcoins? Sure. Wanna use it a mean of payment? Absolutely.


And to answer to your title, nothing is wrong with BTC.

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December 09, 2021, 11:39:03 AM
 #11

Quote
Whats wrong with btc

Stop shitposting and ask yourself what's wrong with asking questions like this? Such threads fall into the category of low-value threads, and before you open something similar, carefully read the sticky thread on this board.

Low quality topics do not belong here.

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December 09, 2021, 11:40:17 AM
 #12

Quote
Whats wrong with btc

Stop shitposting and ask yourself what's wrong with asking questions like this? Such threads fall into the category of low-value threads, and before you open something similar, carefully read the sticky thread on this board.

Low quality topics do not belong here.

That means crypto attracting low brain power people as i am lol
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December 09, 2021, 11:49:22 AM
 #13

situations like this are natural for btc charts. I don't think this is a fear or an unnatural thing. this makes the explanation that bitcoin is created unstable and the market cannot stagnate. however, this is nothing to worry about as it is not a bitcoin black market. bitcoin will still be able to up trend in the future.
in this case altcoins also follow the bitcoin trend. to see which coins can grow 10% - 20% it seems difficult to see the market is mostly red.

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December 09, 2021, 11:51:45 AM
 #14

Oh boy come on.
You are fine to move on. You are not required to hang on.
I don't mind to see BTC getting lowered to $30k or even lower because I'm waiting for buying more. Now, should  say bitcoin should get down otherwise, other will chase it.

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December 09, 2021, 02:22:27 PM
 #15

Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.

If those things about btc not going to get any better then dark future wait for btc.
People move there where money is flowing good example is safe moon ...yes its funny project but at least ordinary people have improved their financial situation.

But yeaah traders knows soon btc not even good as market indicator and eth no better its also not moving.
In fact, we can assume anything that going to happen anytime, today, tomorrow, and in the coming days. And we don't need to worry that much even if not seeing it move, I think the market needs to relax as well. Maybe we could see it change a week from now and I'm not seeing this as a sign for the fall of the market as it seems a usual thing happens in a volatile market. Sometimes I think about a market reset where Bitcoin turns to $0 again but it seems impossible. Yeah, that is very unlikely and that is why I don't bother myself and worried about the current situation.

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December 09, 2021, 02:34:11 PM
 #16

The market structure stemming from the negative sentiment last Saturday made the bitcoin trend unsustainable even though bitcoin rallied at a green three-day candle later.  But the negative state is pervasive and excitable by FUD.  The greed of shorts has bent and cornered bitcoin in that niche.  Lol, bears are in cycle

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December 09, 2021, 02:38:28 PM
 #17

Nothing's wrong. It's a medium that's still working as what it was for, a medium or a currency. As long as the network doesn't collapse I highly doubt there'd ever be something wrong with Bitcoin. Maybe it's not it that has something wrong but rather your expectations perhaps?

Not only me but many traders think same.
Yea a lot of people would probably agree that this is a stupid argument
Whitepaper is just someones fantasy and imagination anyone  can write all kind of things.
Uhm okay? I hardly doubt you'd listen but you can probably study up on what "whitepaper" means first before, well, being you.
Right now its clear what btc for are to be speculatative asset and market movement indicator.
It's clear what YOU want btc to be. Doesn't mean that it would follow what you (or anyone else for that matter) want.

R


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cabron
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December 09, 2021, 02:45:53 PM
 #18


Either its a correction or were now heading to the bear market. Since it drops to 42k lately, I think it will once again test that support and if it breaks out, there could be more down turn to come so get ready sell now! 😁 Not to fud but it had happened in the past that it always test for the 2nd or 3rd time if the support breaks.

OP asks for price moment and wish granted. No long single red candle stick though, it could just be a correction.

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December 09, 2021, 03:01:29 PM
 #19

Its a second day and btc not moving.
What are other coins who do daily moves at least 10-20%
Bitcoin have proofed that its useful only to be market indicator but soon it will lose this position also if its not moving you cant use it as market moving indicator anymore.

If those things about btc not going to get any better then dark future wait for btc.
People move there where money is flowing good example is safe moon ...yes its funny project but at least ordinary people have improved their financial situation.

But yeaah traders knows soon btc not even good as market indicator and eth no better its also not moving.

Nothing is wrong with bitcoin.

You should ask yourself, where did btc offer you huge returns? Did you sign any papers? No, you didn't. Bitcoin never offered you huge returns.

Bitcoin functions just as it was in 2010, nothing really has changed.

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Mamun74
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December 09, 2021, 03:04:22 PM
 #20

 I think,  Nothing's wrong it is still working. I think main problem is Bitcoin holder.When bitcoin price little dupm they are impatient and they're thinking they can be loses his holding  coin.But market dump and pump It's normal matter. bitcoin price huge increase this year.so nothing is wrong with BTC.
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