Voxo2222 (OP)
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December 29, 2021, 07:29:57 PM |
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We think that only whales and instutions will stay play with btc as its boring. No innovation no moves i mean price moves. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
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dunfida
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December 29, 2021, 07:34:04 PM |
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Cant really be denied that we do want for cash/fiat would stream out into this market but we dont necessarily need those institutions even though they do see bitcoin or crypto market on negative but there's still a huge support that it do gets from the community. Volatility is common or typical and you cant just pray or hope about that 20% volatility because this is something a manipulative kind of behaviour on which we dont really prefer or do like at all. If you do see its boring then you could opt out with those low cap coins which could move out on thousands folds on a short time. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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boyptc
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December 29, 2021, 07:43:53 PM |
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You can see the price action that's happening on it lately. About having huge gains, I think that's sort of a dangerous mentality if you're having that mindset for bitcoin. Before thinking of a huge gain, how much have you invested in bitcoin for you to have that expectation that you might earn a lot from it?
20% is nothing to you, that's a high standard that you have and it means that you're wanting to have more than that. This market is about people that have trust and confidence in bitcoin, it may not move the likes of your standards but at least it's the most stable one on its growth.
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Voxo2222 (OP)
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December 29, 2021, 07:48:14 PM |
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You can see the price action that's happening on it lately. About having huge gains, I think that's sort of a dangerous mentality if you're having that mindset for bitcoin. Before thinking of a huge gain, how much have you invested in bitcoin for you to have that expectation that you might earn a lot from it?
20% is nothing to you, that's a high standard that you have and it means that you're wanting to have more than that. This market is about people that have trust and confidence in bitcoin, it may not move the likes of your standards but at least it's the most stable one on its growth.
Donald trump said only trust dollar he dont trust btc And many people follow to trump donald trump. Im sure trump has more $$ then btc.
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mindrust
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We think that only whales and instutions will stay play with btc as its boring. No innovation no moves i mean price moves. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves.
Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins.
And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
Good investment is boring. Listen to George Soros: “If investing is entertaining, if you're having fun, you're probably not making any money. Good investing is boring.” -George Soros If you want action, you can always try your luck with altcoins. If you want to make big money, go make it. Nobody's stopping you. What do you want from us exactly?
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seoincorporation
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December 29, 2021, 08:00:02 PM |
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When i join to the Bitcoin world it was at $450... and you say it's boring because you haven't seen one of those crazy bumps. Then you are lost my friend. Hold your popcorn and watch while it jumps again.
The fun part about bitcoin is to earn them with your work. Bitcoin gives us the opportunity to close deals all around the world, and if you are still bored after that then try to understand Bitcoin for the coding side. Learn how to create transactions with multiple inputs and outputs. Learn how to do a double spend. And I guarantee you will not be bored with Bitcoin anymore.
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Charles-Tim
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December 29, 2021, 08:04:00 PM |
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We think that only whales and instutions will stay play with btc as its boring.
No. As bear market ensue, some people are ready to buy. Some people still buy and hold. Bitcoin is not boring to anyone that believes that bitcoin will reach all-time-high and this will definitely be what will happen. No innovation no moves i mean price moves.
I do not get this. Do you expect the price to just increase only? That is not possible. There will be bull and bear market, the price will later increase and reach all-time-high. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth.
Do what you like, but this does not stop bitcoin adoption or from reaching all-time-high.
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mynonce
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December 29, 2021, 08:09:40 PM |
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When i join to the Bitcoin world it was at $450... and you say it's boring because you haven't seen one of those crazy bumps...
Yes, and a bit earlier, it was amazing, if you were there and can compare ... I believe, there are many stories like that today as the crypto users before didn't have any idea that they will see the bitcoin's price this high...
One of the best ... maybe you remember ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ... Back in 2010, Joey Rich opened a thread http://bitcointalk.org/index.php?topic=987.0: BuyBitcoins.com is back online. Right now you can buy bitcoins with a credit card, or through paypal. Currently 50,000 bitcoins are for sale at a rate of 15 bitcoins per dollar (0.077 dollars per bitcoin). Payments must be between $4 and $1000 dollars. -Joey Rich https://www.buybitcoins.com50,000 BTC for sale - 15 bitcoins per dollar (0.077 dollars per bitcoin)2010: ~ 3,000 USD 2021: more than 2 billion USD
I believe, there are many stories like that today as the crypto users before didn't have any idea that they will see the bitcoin's price this high...
Or that one: also back in 2010, a user auctioned 10,000 Bitcoin, starting bid was 50 USD for all 10,000! And to find a buyer he wrote: 10k BTC are currently worth ~65.50 USD http://bitcointalk.org/index.php?topic=92.0Hi,
I want to make a little experiment here:
I want to auction 10,000 BTC off, starting bid is 50 USD. ... There were no bids, then one user: https://bitcointalk.org/index.php?topic=92.msg829#msg829I know this is well below your starting bid, but since no one has taken it yet I'll offer $20. Another user who was interested: https://bitcointalk.org/index.php?topic=92.msg840#msg840$50 is somewhat of a high starting bid considering there is over ฿22,000 available for not much more per bitcoin than your starting bid. Not to mention that realistically there's probably a lot more than ฿22,000 available because if somebody bought a bunch of those bitcoins, I'm sure some people would step forward to sell more bitcoins. Anyway, I'll bite for sake of the experiment. I bid $25. How about you change the minimum bid to $30 and tell us a maximum time between bids. Perhaps three days? Do you know what happened? Nothing, they discussed but nobody wanted these precious 10,000 BTC. 50 USD were too much, 20, 25 or 30 USD would be ok! https://bitcointalk.org/index.php?topic=92.msg865#msg865Auction is over. Since nobody has made the starting bid, the bitcoins do not change their owner. Today's value: ~500 million USD
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acroman08
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December 29, 2021, 08:16:49 PM |
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let me guess... usdt is the way to go?
it's kind of sad seeing someone try so hard to shill for something. I remember someone here in the forum who is just like you. that user keeps badmouthing bitcoin and shilling for something(I forgot what it was) and that user was quite active too. but at the end that user left. I am pretty sure the same thing will happen to you.
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dothebeats
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December 29, 2021, 08:37:35 PM |
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The thing is, deep pockets and big money isn't up for an instant gain; they are here for the long run and they want to grab as much cash as they can in a long time since they are building empires and not taking the money and spending it immediately. If you're up to some quick gems and fast cash grabs, then perhaps you're better off trading altcoins, like those pump and dump coins that you see popping up every now and then. But the catch is, they are very hard to find unless you're one of the perpetrators of the pump and dump scheme, so good luck with that.
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Lorence.xD
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December 29, 2021, 08:57:06 PM |
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What's wrong with that though, I mean I am pretty sure that a lot of late comers to bitcoin market have that in mind and they aren't going to deny that, also why bother saying that bitcoin is boring when there's other crypto in the market that you can probably buy, they might not be boring to you.
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NeuroticFish
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December 30, 2021, 04:29:09 PM |
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Right now even if btc will make moves 20% up or down...its really nothing.
You're completely wrong. Boring is good. Gold is boring and most big investors prefer gold exactly because it's boring. Bitcoin is far from boring for now, even though now and then the price fluctuations may be small. Again, just look at gold. And 20% is nothing?! Really? You have unrealistic expectations. Not everybody is doing day trading with pocket money hoping for jackpot, some do invest long term, and for those every rise, no matter how small, matters. On the other hand, a 20% quick grow may continue with a 15-18% fall and then it's boring again, or why not a 30% fall, and then "omg this is a ponzi/scam". Impatient people will never be happy with the market. And you seem to be very impatient.
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mk4
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December 30, 2021, 04:32:14 PM Last edit: December 30, 2021, 04:52:50 PM by mk4 |
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Bitcoin being "boring" is a good thing. It can do one or a few things but it can do those things really REALLY well. You think institutions care if something is "boring"? They care about making money. And if you think that the price movements are "boring", then lmao. Probably just stick to trading low-caps.
Not to mention that the "no innovation" thingy is a bad criticism in the first place. It's just that Bitcoin's upgrades are mostly for security/privacy/decentralization; which are "boring" in the first place but really important.
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Sirait
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December 30, 2021, 04:40:02 PM |
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bitcoin does not lose if more and more people leave it just because bitcoin is no longer profitable for them. those who only see bitcoin as a moneymaker are those who have a wrong/stupid view of bitcoin. Don't forget the purpose for which bitcoin was created, which is to give all of us a freedom.
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haasanjui
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December 30, 2021, 04:40:11 PM |
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BTC is boring from previous weeks but big traders says it is good because it is time to invest. If anyone wanna make investment he can easily invest and buy BTC in low price and hold for long time.
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Lucius
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December 30, 2021, 04:53:47 PM |
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Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth. Right now even if btc will make moves 20% up or down...its really nothing.
How about we say you’re boring with your mostly pointless topics like this one we’re commenting on now? If you think that Bitcoin is something that is boring, why don't you turn your attention to altcoins, some have even achieved a 2000% increase in the last 24 hours - imagine what excitement awaits you there! Look, I don't mind you and your like-minded people leaving Bitcoin, there will be more for the rest of us. I didn't want to reveal the secret, but Bitcoin has a piece of code that allows it to be boring from time to time, didn't you know that?🔰
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noorman0
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December 30, 2021, 04:55:50 PM |
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Bitcoin is the only healthy crypto investment option, of course it will be boring because it takes a bit longer to wait than hype coins. If you want something more fun, go gamble. But it can instantly lost you everything, just like shitcoins.
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Iranus
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December 30, 2021, 05:04:41 PM |
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We think that only whales and instutions will stay play with btc as its boring. No innovation no moves i mean price moves. Retail trader not here for stability we are here for huge gains if btc dont give that im sure many people will leave btc and even eth. Those who got a lot money can wait 5 years and can speak about blockchain development and how nice it will be we the retail traders are here only to see moves. Right now even if btc will make moves 20% up or down...its really nothing. If anything can give us 100%-10000% price volatility then im sure grayscale whales and wall street will stay alone with their bitcoins. And if the grayscale and wall street instutions like CME and those kind of white collars dont put the efforts in then im sure retail will find something better to play with.
Institutions are Hodoler, they will not sell here and there. BTC is not boring for hodlers, It might be boring for small traders cause we don't see any remarkable moves during a couple of weeks. Not only Bitcoin but also all other alts are getting boring during the last few weeks. Most of the coins are undergoing bearish situations due to BTC dump. Such a situation is created cause we are standing almost at the end of the year, most of the stock traders, crypto traders, and institutions are busy with calculating and summarising their yearly portfolio and maybe will start their activities from new years. I'm pretty much sure we will see positive moves again at the end of Q1 of the upcoming new year.
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alpamar99
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December 30, 2021, 08:44:42 PM |
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You can see the price action that's happening on it lately. About having huge gains, I think that's sort of a dangerous mentality if you're having that mindset for bitcoin. Before thinking of a huge gain, how much have you invested in bitcoin for you to have that expectation that you might earn a lot from it?
20% is nothing to you, that's a high standard that you have and it means that you're wanting to have more than that. This market is about people that have trust and confidence in bitcoin, it may not move the likes of your standards but at least it's the most stable one on its growth.
Donald trump said only trust dollar he dont trust btc And many people follow to trump donald trump. Im sure trump has more $$ then btc. if you say this person, maybe it can be true because he is indeed a person who is still facile and quite vocal in banning bitcoin. but we don't know what will happen behind the scenes because it's his personal business with btc whether he has it or not we can't know. funny thing is this guy rejects btc but supports NFT Melania Trump on Solana lol
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DeathAngel
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December 30, 2021, 11:07:31 PM |
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OP is not going to make it, he really isn’t. Investing is all about conviction & patience, very few people get rich quick. You need to be willing to buy bitcoin & hold it for years. If you can’t stand the heat then get out of the kitchen because bitcoin isn’t for you.
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