virtualdn (OP)
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May 12, 2022, 06:24:10 AM Last edit: May 12, 2022, 06:50:27 AM by virtualdn Merited by NeuroticFish (2) |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway.
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1 BTC = 1 BTC
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coinycoiny
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May 12, 2022, 06:39:35 AM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
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kiddex
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May 12, 2022, 07:02:08 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
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virtualdn (OP)
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May 12, 2022, 07:21:56 AM |
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yeah that true but where is the bottom to this $hit show we are currently at 27000 for bitcoin. I am no TA expert at all but i ve heard the next support is somewhere between 20000-21000.
It doesn't matter. You can still HODL at $10,000 like you do at $20,000. Everything is temporary in life, so are these dips.
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1 BTC = 1 BTC
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Get-Paid.com
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May 12, 2022, 08:01:11 AM |
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If the trend is changing because the US raised the rates and they are expected to raise it further - then nothing can save Bitcoin.
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
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Jatiluhung
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May 12, 2022, 08:27:09 AM |
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what happened to bitcoin today is like a tsunami phenomenon
"SEA WATER REDUCED BEFORE THE TSUNAMI HAPPENED"
then this bitcoin decline I think is a square before a bigger wave occurs.
remember in 2018 this happened. and see in the next year . then you will understand.
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kryptqnick
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May 12, 2022, 11:10:50 AM |
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1 BTC = 1 BTC is, of course, a true statement from a purely formal perspective. However, when people say this, they somehow ignore the fact that the purchasing power of money is a crucial trait of it. There's no need to calculate this purchasing power in fiat, of course, but it's just done for the sake of convenience. If you have 1 BTC and can buy a flat with this money, it's one thing. If you have 1 BTC and can buy only a bike with this money, it's a different thing. When the price is lower, it indicates that for the same amount of BTC people can afford less than before. And while it might be a temporary thing, the price thus does matter if one treats Bitcoin as money, not merely as an asset one invests in.
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Upgrade00
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May 12, 2022, 12:01:38 PM |
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One tulip is still worth 1 tulip. Good job I didn't sell at the peak and buy a house
This tulip argument doesn't really apply. The tulip mania was fueled majorly by hype and fomo with no real utility. It was basically a bubble as we have seen in many instances. When someone says, 1 BTC would remain so, it simply means that it retains the qualities that make it valuable, despite price corrections and dips and we've come through different market cycles, and still rebounded in price. There was nothing really making tulips valuable besides the idea of luxury which it offered and once that dissipated, the bubble burst.
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coinycoiny
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May 12, 2022, 12:32:08 PM |
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Sounds like BTC is exactly like Tulips
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ChiBitCTy
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May 12, 2022, 12:49:47 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. Amen! People tend to forget you only lose when you sell. When you sell the. Sure then you have what’s called a “realized loss”, or “realized gain” , but neither happens until you actually trigger that event. Stop panicking if you don’t need the money right now. Things will get better! The worst time you can sell anything is when you’re down. Would you sell your home just because it’s market value is down significantly? No..same applies here. Sounds like BTC is exactly like Tulips
I hope you’re joking.
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Nrcewker
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May 12, 2022, 12:59:14 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. The main reason for the downfall of the Bitcoins are is that people cannot understand the bearish market, and therefore gets panic and sell their coins. This is the reason for which Bitcoins have fallen more than 20% of it’s original price. The people who are selling the Bitcoins, don’t have the knowledge that BTC will be the future. As the supply is limited, when the demand will increase, automatically the price will increase and all the holders will be come reach af. So it’s my advice to all the fellow Bitcointalk members to buy as much BTC as you can at the current point of time. Soon you will make a huge profit from this master crypto. All the best to all the traders.
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avikz
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May 12, 2022, 01:03:14 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. I am not on the same page. Bitcoin has not yet reached tonsuch a point where we can stop comparing it with fiat and derive the value of bitcoin in some other way. Fiat is still very much all over the place and bitcoin has just started out. Probably in future we will be able to stick to 1 btc = 1 btc but for now it's simply not possible. One thing I agree is that it's not a time to sell, rather it's time to accumulate more!
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tomahawk9
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May 12, 2022, 01:08:50 PM |
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1 BTC will always equal 1 BTC no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism?
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traderethereum
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May 12, 2022, 02:11:58 PM |
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That's because they are afraid to see large amounts of money lost even though this situation has been exploited by people who have a lot of money to buy bitcoins at cheap prices. If they can be more patient to hold bitcoin, no matter what happens, they will surely smile broadly when they see the bitcoin price increase again because of my prediction, after this sharp decline, the bitcoin price could be higher than the previous ATH. But we can't force them to keep holding bitcoin because many of them use their money to seek profit from bitcoin. And that's why they sell their bitcoins at current prices to try to buy at low prices.
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retreat
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May 12, 2022, 02:49:26 PM |
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. We really can't stop people from panicking and selling, but we can stop ourselves from selling. those who have a "weak hand" will only experience heavy losses and those who have a "strong hand" will gain large profits from the bulls that will occur in the future. let those who are weak out of the market, and we who are strong stay and believe in bitcoin.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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NeuroticFish
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May 12, 2022, 03:01:20 PM |
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Sounds like
Sounds like you have no idea what you're talking about, but found the perfect time for trolling. But no worries, welcome to my ignore list. And for those selling BTC: you'll make some people very happy, so, yeah, go on. It's your choice. As OP greatly said: 1 BTC = 1 BTC. no shit sherlock. This is one of the dumbest thing ppl say during a bear market and a crash and i'm not sure why is this still a thing. What do they accomplish by saying stuff like that? has this become some kind of mantra to some people or what? a coping mechanism?
I'm surprised that you don't understand. What you've done on bitcointalk since 2016?!
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Luzin
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May 12, 2022, 03:28:57 PM |
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Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
No, I don't think the price will arrive as you mentioned. Many institutions are holding bitcoin prices. This time patern is similar to the year of having 2017. After halving 2016 BTC dropped to about 80% of ATH. If this happens this year then btc's worst estimate will cost around $11k. If the trust is agreed, it will appear a new ATH again after halving in 2024. I hope this will happen, it all just takes patience.
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buwaytress
Legendary
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Activity: 2926
Merit: 3605
Join the world-leading crypto sportsbook NOW!
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May 12, 2022, 03:31:18 PM |
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But why stop people from panic selling and pushing us back into discount territory? They're doing it with stocks, they're doing the same with Bitcoin. If not for them, we'd be stuck in sideways markets for months, and then we complain it's boring. At least this way we get some much-needed adrenaline, no? heh
Bring it on, bigger, lower =P
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$crypto$
Legendary
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Activity: 2492
Merit: 1060
Smart is not enough, there must be skills
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May 12, 2022, 03:45:22 PM |
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I'm not going to do anything, it's my decision to stick with the Bitcoin holding. 1 BTC = 1BTC ($100,000 or higher I'm smiling broadly)
They are selling at this time because they don't want to be a big loss. The reason is that even moving to fiat it will not make a recovery, they are just securing it but still experiencing losses, this is weak fundamentals in my opinion.
I believe our OP is more optimistic for Bitcoin to the moon again.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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legcramp
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May 12, 2022, 05:10:15 PM |
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If the trend is changing because the US raised the rates and they are expected to raise it further - then nothing can save Bitcoin.
Yes, 1 BTC = 1 BTC but what if 1 BTC = 1 BTC = $500
How would those who bought it for $60,000 feel?
They should feel like an idiot for not educating themselves before FOMOing into it. Those who have a system of DCA'ing into BTC no matter the price need not apply.
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