Nrcewker
Copper Member
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Activity: 2170
Merit: 536
Building my own Dreams!
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June 16, 2022, 01:07:47 PM |
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Ignores all the dumps focus only on the pumps
Yes simple as that. Don’t get tensed by seeing the price of the coin. Bitcoins is for long term only. So for a moment just stay away from the prices and chill. We all have seen the real potential of Bitcoins earlier. We also know that this is just a dump, and soon the coin will pump. So instead of selling the coins to petty buyers, buy as much Bitcoins as you can. After few weeks when the bearish market will end, you will be overwhelmed by seeing the profits. Good luck to everyone. |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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erick94
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June 16, 2022, 02:17:04 PM |
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It came to me as a ride shock when I saw the price of BTC at about $20k, and ETH at $1100.
And one major factor responsible for this downward trend is fear of the unknown. People are scared, and selling off their assets.
Moreso, the dumps is healthy for the Industry. If there were no dumps, then we should be worried.
quite sad to see what is happening in the market today, the price of bitcoin which in 2021 could reach ATH actually decreased in 2022, many hope that in 2022 bitcoin will be able to provide an effective surprise and many predict the price will reach $100k, but in fact what we are seeing today is beyond our expectations, the only way for us right now is to tighten our belts and hope that the bad times of bitcoin will pass soon. |
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Bitcoinking99
Jr. Member
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Activity: 48
Merit: 1
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June 17, 2022, 11:20:00 AM |
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What more can I say? I never expected the price of Bitcoin to go down so much. Earlier, the price of Bitcoin was around 60K. Since then, the price of Bitcoin has come down day by day. Now the price of Bitcoin is around 20k. I can't really say what happened to Bitcoin. Depending on the cryptocurrency market with Bitcoin.At the present time the price of Bitcoin is so low that those who will invest in Bitcoin will benefit a lot in the future. It seems to me that Bitcoin is much faster than it used to be The price of this bitcoin will increase more.
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KaliLinux
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June 17, 2022, 11:35:02 AM |
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Ignores all the dumps focus only on the pumps
pump pump /\ /\ / \/ / \/ dump \/ dump SELLHOLDBUYbuy the dip, sell the hype OK so, we should have understood by now that this is somehow a normal pattern in the cryptocurrency market because history has shown us that there has been a couple of Bull and Bear markets since Bitcoin Genesis so why all the fear that people keep having whenever the market drops? I understand that most thought the dynamics have changed in the market compared to previous years of Bitcoin and we might not see this level of dips again but I think this is not the case, however, we should learn how to take advantage of every market opportunity. |
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Mpamaegbu
Legendary
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Activity: 2688
Merit: 1208
Once a man, twice a child!
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June 17, 2022, 04:54:51 PM |
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buy the dip, sell the hype
The latter is what I haven't been able to do well. Well, maybe not very well because I tend to hodl longer than I should. I don't know if there's anyone who has been able to sell when the ovation is loudest before the descent. I mean there were investors who heDl to the recent ATH of $64k+, expecting it would go higher but then ended selling below $50k. I'm sure there are some who are still hodling to this very moment, wishing it could go up back now so they can quickly sell off. I ain't talking about those who are genuine hodlers. I'm talking of investors who missed the opportunity to sell because of higher price expectations. |
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Mauser
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June 18, 2022, 07:52:27 AM |
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I know almost all veteran members understand what's happening in the market. But, newbies like me still trying to figure out what's happening and the possible reason why it's happening. Now, People sharing their thought as if BTC is the only currency that is going down now. Every currency going down right except stable coins (We don't see the stable coins going down like Terra UST).
The key point Reason for the Market Crash is Fear and Inflation.
I agree with you, right now the market is guided by fear. This week we saw a lot of panic selling happening. Why are so many people running for the door now? All the risky assets dropped a lot this week, but selling bitcoins now at 20,000 USD or even below seems like a very bad choice to me. We should be buying low and selling high, not the other way round. What I don't understand is why high inflation is pushing down on the bitcoin price so much. Shouldn't it be that inflation is bring down the value of fiat money and increases the value of crypto coins? The best thing we can do is HODL and not give into the selling pressure. Stable coin might be one solution to store value, but the more people sell at the moment also means the price will drop even further down. We can all stop the panic by not selling our coins. |
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ForMeritt
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Activity: 48
Merit: 1
Backed.Finance
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June 18, 2022, 12:57:40 PM |
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It seems whatever is happening now with Bitcoin this is not a very big problem, for smart investors they take this opportunity to Invest, and by taking advantage of this bear market they believe that this is not a too serious problem, so don't be too afraid of the situation this.
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───[ Backed.Finance ]───
─────────────[ Back Private Companies & Benefit as They Grow ]───────────── |
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Mpamaegbu
Legendary
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Activity: 2688
Merit: 1208
Once a man, twice a child!
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June 18, 2022, 04:01:54 PM |
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It seems whatever is happening now with Bitcoin this is not a very big problem, for smart investors they take this opportunity to Invest, and by taking advantage of this bear market they believe that this is not a too serious problem, so don't be too afraid of the situation this.
Take my word for it – what is happening now to Bitcoin and in the market generally isn't anything new. Just see it as the needed price correction before a new push to a fresh ATH. In fact, don't even bother about Bitcoin on this. It has a way of taking care of itself and "resurrecting" so to say at the due time. Bitcoin is a phoenix; a sort of a cat with nine lives. Don't panic if you're new in this industry. |
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bitzizzix
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June 18, 2022, 06:10:07 PM |
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Don't worry about what happens to bitcoin and actually this is the best time to collect because it's on discount, and I don't really care what happens to bitcoin or other related news.
remember what happened to bitcoin will definitely happen again and will continue to be so, so don't worry too much or get carried away by the news, because ups and downs are the nature of bitcoin and buy low sell high is the strategy. So what's happening now with bitcoin, I think it's a good time to buy and hold it and it doesn't matter how long it takes because the bulls are bound to happen even if it takes quite some time.
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HardFacts
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Activity: 434
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June 18, 2022, 06:12:59 PM |
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EASY ANSWER !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Bitcoin is crashing... Going to its intrinsic value of zero. Did you really need me to tell you something so obvious  |
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FlamingFingers
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June 18, 2022, 07:04:49 PM |
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EASY ANSWER !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Bitcoin is crashing... Going to its intrinsic value of zero. Did you really need me to tell you something so obvious it's obvious that you are just saying this out of no point, anyone who thinks that bitcoin is going to zero does not really know anything about what the blockchain technology and bitcoin is in general, this crash is just normal it's has happened few years ago and it is happening now, it will also happen in future, its the normal market cycle which need to occur, only the wise will buy solid coin at this dip and profit in years to come |
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Ebede
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Activity: 868
Merit: 38
Join hands and help me to grow everybody...
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June 18, 2022, 07:28:22 PM |
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Bitcoin falling is becoming something else and i don't know if bitcoin price will be rising again for this year because the falling is making me to be afraid of holding bitcoin. For people that being into the system for long time how do you feel about bitcoin falling is it any assurance that this coins will do well again, bitcoin is falling to reach 19k and if it reached 10k do we still have the Hope that it will increase and pass 60
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Mamun74
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June 18, 2022, 09:17:56 PM |
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Bitcoin price early dropped in 2022 and now huge dropping day by day.Bitcoin already touched in 68$k but now it dropped and reached $19k+.Bitcoin price early dropped in this month cz previous month bitcoin was around $37k+ and it was staying around $40k+.I think bitcoin price will be recover soon and bitcoin price wil be more grow in future.
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decodx
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June 18, 2022, 09:52:16 PM |
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When Bitcoin was rising, all people were talking about cryptocurrency and blockchain technology on a daily basis, and what it brings. Today, this has become a bit rarer, but there is a good chance we will see a new bull market again, and people will certainly talk about it once again. I do believe that cryptocurrencies and blockchain will flourish and start to be used en masse, but that does not necessarily mean that their price will skyrocket. One must realize that the blockchain is now in the same phase as the Internet was in the 90's and that there are many opportunities available. At that time, no one could even imagine Internet as we know it today. The same will happen with cryptocurrencies.
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GeorgeJohn
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June 18, 2022, 10:46:57 PM |
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Bitcoin price early dropped in 2022 and now huge dropping day by day.Bitcoin already touched in 68$k but now it dropped and reached $19k+.Bitcoin price early dropped in this month cz previous month bitcoin was around $37k+ and it was staying around $40k+.I think bitcoin price will be recover soon and bitcoin price wil be more grow in future.
Actually you are quite right of bitcoin decrement in value daily, but the factor I'm considering is that this occurrence of bitcoin depreciating, it's not the first neither the end of experiencing this low values of bitcoin. I know quite well that bitcoin most surely accelerate in value. We should not panic much because the market shall retrace back at least forty thousand (40k) |
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HardFacts
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Activity: 434
Merit: 29
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June 18, 2022, 11:15:16 PM |
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anyone who thinks that bitcoin is going to zero does not really know anything about what the blockchain technology and bitcoin is in general,
WRONG WRONG WRONG: Bitcoins is NOT blockchain technology. Bitcoin USES blockchain technology just as pets.com used the internet. Pets.com went to zero, and so can bitcoin go to zero.... Blockchain will still be around, most likely be used by Federal Reserve Coin... The fact that you make such and EASY and OBVIOUS error tells me you are not the person anyone should be listening to for financial advice  |
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HardFacts
Member
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Activity: 434
Merit: 29
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June 18, 2022, 11:18:18 PM |
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Bitcoin falling is becoming something else and i don't know if bitcoin price will be rising again for this year because the falling is making me to be afraid of holding bitcoin. For people that being into the system for long time how do you feel about bitcoin falling is it any assurance that this coins will do well again, bitcoin is falling to reach 19k and if it reached 10k do we still have the Hope that it will increase and pass 60
You SHOULD be afraid... Your brain is trying to tell you something, listen to it. GREED makes people do really stupid things, and ignore so many obvious warning signs. We have seen this many times in different bubbles and Ponzi schemes throughout history. |
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Easteregg69
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June 19, 2022, 10:32:34 AM |
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I buy at like 1/3'rd of the price now.
And get it for my dividends too. Not on my cornflakes but that's it.
Google bitcoin rainbow chart! I'ts a firesale now at 200ma. You guys upstairs. Please connect the dots.
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Throw some "shit" and see what sticks.
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Easteregg69
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June 19, 2022, 10:40:14 AM |
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Bitcoin falling is becoming something else and i don't know if bitcoin price will be rising again for this year because the falling is making me to be afraid of holding bitcoin. For people that being into the system for long time how do you feel about bitcoin falling is it any assurance that this coins will do well again, bitcoin is falling to reach 19k and if it reached 10k do we still have the Hope that it will increase and pass 60
You SHOULD be afraid... Your brain is trying to tell you something, listen to it. GREED makes people do really stupid things, and ignore so many obvious warning signs. We have seen this many times in different bubbles and Ponzi schemes throughout history. Yeah. The dot com bubble. What else did you see? I forget you are pigeons somedays. |
Throw some "shit" and see what sticks.
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ptk1
Newbie
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Activity: 41
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June 19, 2022, 07:13:02 PM |
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I think End of the year 2022 Bitcoin will pump again. This crisis happened for Russia, Ukraine war. For this war world economy huge down now. Every sector of economy fall down. I think within this year war will end then total economy will turn and it will increase. Then Crypto market will turn and Bitcoin Price will Go new ATH There has no doubt. Because Bitcoin is most important part of world economy.
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