Speculators : Bitcoins is up now 21k buy buy buy ! but...

[sheenshane]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Bitcoin is something we can not be excited for it price, because of the dimensions it takes for price speculation, we were expecting a bullish market that will get up to seventy thousand to hundred thousand (70k) to (100k) but nature of market retrace. So our expectations for Bitcoin to that particular prediction of yours should be next year.

There are a hundred or thousands of people who feel regret when they didn't invest in Bitcoin while it was cheap in the market from 2015 onwards.
Because they doubted it and suspected it of a scam, Ponzi, or what so ever relatively fraud project.
But in the year 2017 when Bitcoin is on ATH, everyone talking about it regretted they didn't invest while it was cheap, and might OP feel this way.

Just understand the possible risk and invest only in what you can afford are the common advice that you've heard but it's very effective.

[bitterguy28]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

it is 68k in 2021 and not 61k in that matter you are already wrong, and asking if how bitcoin is a winner? because it may not come that easy but in the future it will surely happen so the bottom line here is that bitcoin and its supporters are always winners.

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

if this is a ponzi then what are you doing here? why still here ? best to get out now and let us handle our system here because we knew what we are doing and if you don't then get out now.

[Nrcewker]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Yeah I agree with you on the fact that only the traders had made good profit in this phase.
The ones who actually suffering are the long term traders, as still if they have bought Bitcoins at around 50k usd now they are very much down if we see the price.
But not to blame the Bitcoins also, as the long term holders bought Bitcoins to hold it for longer period of time. So they don’t need to show impatient, and need to wait more.
Soon Bitcoins will recover, but yes it will take few weeks or even months.

[P2PECS]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Let me guess: your net worth is something like $30, if not negative. And it pisses you off that many of us have profited from Bitcoin.

I know the story, when the price recovers you won't come back here.

The next leg down is going to surprise us and it may get to $13000. I don't think Bitcoin is bottom at $17600. Bitcoin is still very weak and stuck at $21000 for days now is not a good sign of recovery. The fundamental and news on the war in Ukraine is also affecting bitcoin and other financial assets.

I don't say it with as much certainty as you do, but I wouldn't be surprised if the worst is yet to come.

[justdimin]

If anything it sounds like the OP mistook this for a pyramid, thinking that if he invested 6 months ago, or 12 months ago when price was at $60K he/she would benefit more than those who invest today at $20K. Sadly for them, Bitcoin isn't a pyramid, so it's not necessarily a case of investing early means higher profits that those who invest later. Oh well.

This has been the number one thing that I tried to explain to people and they ignored me. If crypto was a ponzi, it would have been gone already, it has been over 10 years since we did this and we shouldn't really be focusing on this at all. At the time ponzi was a thing that was used in many different places, and even today there are a lot of ponzi schemes all around the world, so I understand the fear people would have.

But it is like saying dollar is a ponzi scheme, or stock market is a ponzi scheme. Just because it requires people to buy and get into it, doesn't mean that it needs to be a ponzi scheme. I mean it’s so obvious that crypto isn't and never was a ponzi, it’s right there and it’s too obvious.

[LogitechMouse]

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

I might agree with the fact that traders got the V but miners? I don't think so because they also got some expenses and maybe there are some miners out there who are losing right now.

I also disagree that Bitcoin is a big ponzi. Care to share some of the proofs or opinions that proves that it is a big ponzi? Or it's because you lost a huge amount of money buying at the peak and now you are spreading some FUDS .

Don't buy now, I'm telling you people. The market is still likely to go down much further since it's just been the start of this bear market so if I were you, maybe save that money and wait for it or hope for it to go down much further because we know that it's volatile and the possibility for bitcoin's movement is still unpredictable.

You might be right but you might be wrong as well.

It's your own opinion so it's ok but as for me, it doesn't matter if I will buy today or tomorrow or the next week. The fact that we are down by a huge percentage from it's recent peak is already a sign that it's a good time to buy. It might go down like you said yes but there is a thing called Dollar-Cost Averaging. As for me, I don't think that we will go down below $20,000 ever again. The one happened few weeks ago is just an extension of some investors who are panicking when they saw Bitcoin near $20,000 already. Good thing that it bounced up immediately.

[Shasha80]

It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.

But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.

Therefore, we should not be too hasty to jump into the world of crypto without having knowledge, what we have will be used by influencers,
and we will be wrong in making decisions. Although many say Bitcoin is a profitable investment, it does not mean that buying Bitcoin will
immediately generate profits. Of course we have to learn about Bitcoin, in order to know how Bitcoin works, after that we will understand
how to make profit from Bitcoin. Therefore, if there are people who immediately conclude negative things about Bitcoin when they experience
losses. This means that the person does not understand how Bitcoin works, and gets the wrong information about Bitcoin. Even though Bitcoin
if used properly can make us rich.

[Oasisman]

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

You won't get "wiped out" If you knew what you're investing into. You won't get "wiped out" If you have enough knowledge about Bitcoin's historical data.
Lastly, you won't think it's a scam or ponzi If you knew Bitcoin well enough.
Study how the market works and don't just rely solely on some random speculation. Some of those speculations were relevant, but you should do the research as well.

[Questat]

Don't buy now, I'm telling you people. The market is still likely to go down much further since it's just been the start of this bear market so if I were you, maybe save that money and wait for it or hope for it to go down much further because we know that it's volatile and the possibility for bitcoin's movement is still unpredictable.

Well, I really see what unpredictable means, and you can't be sure that it drops more. How about if you were wrong and it happens that the market will pump, are you willing to take the blame for discouraging people not to invest? I couldn't see the term "Unpredictable" is only for the dump - we certainly don't know what happen next and by simply taking the risk, buying Bitcoin now is somewhat an opportunity, and besides, we can still buy more if ever it drops again.

[Mpamaegbu]

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

Don't make it look like it's an abomination for people to lose out in business. Some will gain, some will lose. Remember that at every point in time during a market transaction engineered by the law of demand and supply, there's always someone at the other end of the line buying whenever someone is selling. Otherwise, there won't be a transaction. It's the same thing that applies to Bitcoin transactions. By the way, who are those who got wiped out? Aren't they still speculators/traders/investors? But of course, they're.

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

I don't believe someone can still convincingly tell themselves that Bitcoin is a Ponzi at this stage of this industry. Nonetheless, one of the important things you should know about Bitcoin is that it's not a get rich quick thing. I'm not saying quick riches can't come from it as one invests but one shouldn't bear that in mind while investing in it. If it happens, so be it.

[ethereumhunter]

It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.

But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.

Therefore, we should not be too hasty to jump into the world of crypto without having knowledge, what we have will be used by influencers,
and we will be wrong in making decisions. Although many say Bitcoin is a profitable investment, it does not mean that buying Bitcoin will
immediately generate profits. Of course we have to learn about Bitcoin, in order to know how Bitcoin works, after that we will understand
how to make profit from Bitcoin. Therefore, if there are people who immediately conclude negative things about Bitcoin when they experience
losses. This means that the person does not understand how Bitcoin works, and gets the wrong information about Bitcoin. Even though Bitcoin
if used properly can make us rich.

You are right. Most people jump into the crypto world without knowledge and just read a piece of the advertisement from their social media accounts and start joining. They want to invest in bitcoin but use it the wrong way and it causes them to suffer losses. If they learn and seek more information about how to invest in bitcoin and when to buy it, they will know when it is and will not buy it at a high price. The current price looks good enough to enter the market but if you just enter without doing any analysis, there is a good chance you will enter at the wrong time. So make sure you analyze beforehand to know when to enter the market.

[davis196]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

The current BTC bullish speculators might be yelling "buy buy buy!", but the bearish BTC speculators are yelling "sell sell sell!"  
It doesn't matter if it's bears of bulls, just don't trust the speculators and make your own research. There's always going to be noisy speculators spreading extreme over the top "to the moon!"" bullish nonsense or doom & gloom "Bitcoin is dead" FUD nonsense.
I just ignore them and keep HODLing.
If you feel butthurt about the BTC price being below the 69K ATH you should bear in mind that the Bitcoin price is moving in "boom and bust" cycles. This is the sad reality and we can't expect the Bitcoin price to go in only one direction-up.

[dezoel]

It's an invitation to buy bitcoin that many people are sending out to the people out there. But if people out there just follow those words without analyzing, they could be stuck buying at high prices because bitcoin's current movement is getting wilder. The person who wins is the one who can buy at a low price and sell at a high price.

But bitcoin is not a big scam or Ponzi and if people think like that, it means they don't read more information about bitcoin. Besides, they must be just following other people's words without doing any research before buying bitcoins.

They were smart enough to know that an increase in the price is what attracts those who are fake coiners or those mainly enters when there is a positive thing that happens and then leaves immediately when there's a decline or any negativity in the market.

A wise bitcoin investor won't buy in an instant but they will research btc first if what is its mechanics. They will still buy at this point since they know that the price isn't highway yet since its last ath and they will learn to hodl it if ever there's a decline that will happen. Obviously they will know that btc is not a scam or a pyramid scheme but some can think of it due to how this system works.

[Jawhead999]

If they learn and seek more information about how to invest in bitcoin and when to buy it, they will know when it is and will not buy it at a high price. The current price looks good enough to enter the market but if you just enter without doing any analysis, there is a good chance you will enter at the wrong time.

Actually even you're bought at the peak and still hold until now, you're not wrong if you're using an amount afford to lose and still not sell your coins. You're not losing anything since it's still an unrealized losses, who knows if you hold for 4-5 years more, Bitcoin price will make new ATH and reach $100K? This is same like Bitcoin ATH was $19K on 2017, after Bitcoin price start recover and hit $19K again, many people who bought at $19K isn't a dumb person. If they're still holding their coins, they're still profit around $1K.

[boyptc]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Nope, it's not a scam and this isn't a game.

What ponzi is, when bitcoin goes to zero after going all time high. Well, did it go to zero? Actually yes, and it went zero from those people that don't even hold bitcoin.

They keep telling that bitcoin will go to zero but look at how much it went during the all time high and how much it is right now.

[dragonvslinux]

If anything it sounds like the OP mistook this for a pyramid, thinking that if he invested 6 months ago, or 12 months ago when price was at $60K he/she would benefit more than those who invest today at $20K. Sadly for them, Bitcoin isn't a pyramid, so it's not necessarily a case of investing early means higher profits that those who invest later. Oh well.

This has been the number one thing that I tried to explain to people and they ignored me. If crypto was a ponzi, it would have been gone already, it has been over 10 years since we did this and we shouldn't really be focusing on this at all. At the time ponzi was a thing that was used in many different places, and even today there are a lot of ponzi schemes all around the world, so I understand the fear people would have.

But it is like saying dollar is a ponzi scheme, or stock market is a ponzi scheme. Just because it requires people to buy and get into it, doesn't mean that it needs to be a ponzi scheme. I mean it’s so obvious that crypto isn't and never was a ponzi, it’s right there and it’s too obvious.

I think it's simply people wanting to attribute a reason for Bitcoin's considerable price increase over the past 10 years. Because ponzi's often have similar enormous growths, then it's assumed it must be one and therefore it's the easiest label to apply to try explain to those who don't know any better why Bitcoin will fail. The irony being that we've seen crypto ponzis in recent history; Bitconnect and Luna for example, but their monetary policies are nothing like Bitcoin. At least these days compared to 2018, or 2014, there is a lot talk of it being a ponzi as there never was much of an argument for it in the first place.

[justdimin]

I think it's simply people wanting to attribute a reason for Bitcoin's considerable price increase over the past 10 years. Because ponzi's often have similar enormous growths, then it's assumed it must be one and therefore it's the easiest label to apply to try explain to those who don't know any better why Bitcoin will fail. The irony being that we've seen crypto ponzis in recent history; Bitconnect and Luna for example, but their monetary policies are nothing like Bitcoin. At least these days compared to 2018, or 2014, there is a lot talk of it being a ponzi as there never was much of an argument for it in the first place.

The idea that ponzi is a business and not a currency, is the only thing enough for it for sure. I mean we are talking about something that is a business idea, you give money to someone and if enough people do then they will end up getting paid monthly, and then more people will join and so forth.

This means that there needs to be a centralized organization that will distribute the money like that. But in bitcoin and any other decentralized coin, that type of organization doesn't exist and we should be feeling fine since it is not going to be a ponzi with someone at the top, we are going to have decentralization. Meaning if we lose money, we will do that together as well.

[Mahanton]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Bitcoin is a scam or ponzi kind of line is to those people who had been fucked up by the market very hard.If you've been here on this market for a while then you wont really be definitely saying up these things.
Price is never been predictable on the first place and if we do consider on checking out the history or past events then it is  something that cant really be make up some pattern or you could make use of the
same analysis but you could definitely see on how potential the market would be in speaking on bullish runs which is something that most people been keep an eye on.Price fluctuates and pumps and
this is where people do make out money which is on volatility.If you cant bare up that kind of movement then this market isnt really for you.

[AmoreJaz]

If they learn and seek more information about how to invest in bitcoin and when to buy it, they will know when it is and will not buy it at a high price. The current price looks good enough to enter the market but if you just enter without doing any analysis, there is a good chance you will enter at the wrong time.

Actually even you're bought at the peak and still hold until now, you're not wrong if you're using an amount afford to lose and still not sell your coins. You're not losing anything since it's still an unrealized losses, who knows if you hold for 4-5 years more, Bitcoin price will make new ATH and reach $100K? This is same like Bitcoin ATH was $19K on 2017, after Bitcoin price start recover and hit $19K again, many people who bought at $19K isn't a dumb person. If they're still holding their coins, they're still profit around $1K.

this we don't know. as no one knows the future, we are just speculating on what may possibly happen to the bitcoin market few years from now. but for those who are holding and not selling, of course, they are not losing. you will only lose if you sell lower than your buying price.
the hope is still there to get back where we achieved the ATH or even more because there are more and more people that are going into this industry. more known companies, institutions or individuals are joining in this market. if they feel that there's no future in this market, i would say, they won't even touch this market to invest.

[Ojengonggu]

Speculators : "Bitcoins is up now 21k buy buy buy ! yeah 100k coming soon  "....but it was 47k this March and 61k in 2021 ... so how the ..f..uck is bitcoin a winner ?

The only guys that won are speculators/traders that pumped and dumped and miners, the rest got wiped out ...

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

Nope, it's not a scam and this isn't a game.

What ponzi is, when bitcoin goes to zero after going all time high. Well, did it go to zero? Actually yes, and it went zero from those people that don't even hold bitcoin.

They keep telling that bitcoin will go to zero but look at how much it went during the all time high and how much it is right now.

They are wrong if they think of the bitcoin system as a ponzi. They don't see bitcoin moving year after year when the bitcoin price is down like this they can't afford it.
Currently bitcoin is at a price of $ 20 thousand and will probably fall below $ 20 thousand again and that is an important moment for us to buy more.