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Author Topic: My Champions in this Bitcoin Winter  (Read 477 times)
Zilon
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July 23, 2022, 06:48:06 AM
Last edit: July 23, 2022, 07:59:24 AM by Zilon
 #21

Nations Adopting Bitcoin as Legal Tender:
One of the biggest achievements Bitcoin has achieved in recent years is this two cities adopting Bitcoin as legal tenders against all odds. I believe after the October 12-14, 2022  AMSTERDAM Bitcoin conference the Bitcoin community will likely record more adoptions from participating nations



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Individual Bitcoin Hodlders:
Newbies too can hodl if the get the right information and orientation about Bitcoin investment. I can recall when i was first introduced to Botcoin investment it was presented like a Ponzi scheme where you buy and prices will keep increasing for ever without any sign of bearish retracement but along the line i discovered it is a highly volatile market and as such it requires enough knowledge and research to stay productive in the market

Quote
Hodling Bitcoin Miners:
I don't thinks any miners will be willing to quit now because prices of its incentives is still sustainable to run a node except for nodes whose computational power isn't sufficient enough to mint. Regardless of how this miners sell off and move their Bitcoin from their wallets Hodlers will always hodl.

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Believing Exchange and Trading platform:
Exchanges are obviously business agents they don't care about you nor your coin. They only smile at your coin when the market is bullish and every coin you leave in an exchange is never yours because it can be seized, frozen and banned at anytime. This new recruits will still follow the usual routine of existing exchanges

 
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Believing Lending Companies:
If lenders on the forum gives up on their services then they never believed in the project.  

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Believing Companies:
Musks feels Bitcoin is a pump and dump project so he feels the market is subject to his manipulation which keeps me laughing...

 
Tesla with another funny tweet:


MicroStrategy Inc. has always had this strong believe for Bitcoin despite it's decline in price they keep channeling all their reserves towards Bitcoin

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Bitcointalk Community:
The wealth of knowledge shared across the Bitcointalk community is second to none. This community has been a store house of crypto knowledge over the years and still stands out to be the number one.

 A wonderful bill board you uploaded but was lacking much information on how to buy and where to buy because scammers too could take advantage of such bill boards to scam newbies....
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July 23, 2022, 07:21:39 AM
 #22

Individual Bitcoin Hodlders: Hodling Bitcoin presently takes a lot of patience, bravery and determination. It might be very easy for experienced Bitcoiner to hold but newbies can develop health issues holding Bitcoin because of the fear of losing funds.  But Hodlers are the reason why the market has not been flooded with Bitcoin. The fall in price notwithstanding, they are holding because they believe strongly that Bitcoin would certainly recover. Bitcoin has lost almost 55.44% of its value and there are still predictions that it would lose more yet some brave holders are still buying more Bitcoin at the time others are selling.

My champions are these guys - the bitcoin bros and ladies. I know a couple of them. And they are hodling purely for intrinsic purposes. They've been hodling since 2018 and have even taken advantage of the Peer-to-peer (P2P) trading system to become legitimate crypto vendors. Whenever, I have a conversation with them, it is easy to see how animated they become when talking about the past bear market which they survived, the latest become news and the future of bitcoin. They are the true believers.

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July 23, 2022, 07:34:30 AM
 #23

I believe BTC winter will be over soon. Bitcoin has so many loyal fans, and more and more people and countries are starting to look at the future of Bitcoin. The presence of such billboards will help more people recognize and start to understand Bitcoin.
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July 23, 2022, 11:03:46 AM
 #24

It is glaring that Bitcoin is now in its winter season because of the sharp drop in price. But, just recently I observed that regardless of the fall in price of Bitcoin, an exchange company just put up a giant billboard in my area advertising Bitcoin.
It's not that bitcoin is on its winter season but its because we are now in a bear market and bitcoin isn't the only coin that drops its value but many other coins too but I see that what is advertised on that billboard is a kind of a crypto exchange, I thought it was some kind of a calling app like viber due to its logo. So, what if the prices are falling? Do we even think that it was bad for the project or a business to come out? It was a good time actually especially for a crypto exchange because people are definitely going to buy more coins.

The price of putting up such advert is very expensive.
This is an example of high risk-high reward. They can either lose big or they can earn more than what they spend on putting up such billboard.

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July 23, 2022, 10:28:57 PM
 #25

What's interesting is I don't seem to see a website or company name on the billboard? They've just given this message, and that's it? That's kind of interesting, I thought they'd at least chuck their company name on it. I know there's a bit of text underneath that I can't quite make out, not sure if that's the local language, but even if they did put their company name there, you'd expect their branding to be just as big as the actual message, right?

I relate to the message though, I've had numerous conversations with several people who have been talking about buying Bitcoin for the last six/seven years, and they still haven't to this day, but bring it up at least once a year.
That is quite common, how many people have you met that are always talking about losing weight, going to the gym or the latest diet and when you ask them if they have actually began their journey they give all kind of excuses about why it is not the right time to do so.

This is the same, buying bitcoin is even easier, the only thing you need to do is to reduce your expenses a little bit, save that money and buy bitcoin, all of that can be done almost effortlessly and yet a great deal of people keep delaying it, which shows that in fact they do not want to buy it, but they love to talk about it.
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July 26, 2022, 02:46:40 AM
 #26

It is glaring that Bitcoin is now in its winter season because of the sharp drop in price. But, just recently I observed that regardless of the fall in price of Bitcoin, an exchange company just put up a giant billboard in my area advertising Bitcoin.


The Message is "Leave Talk, Buy Bitcoin". Which means " Stop Talking, Just Buy Bitcoin"

Nice to see this kind of pushing from exchange company , how i wanted to one day see a billboard also here in my country specially in major road that having this kind , im kinda proud of what i am having now in my bitcoin and other crypto investments.
In all in all I know one thing crypto space is never going to die whatever may be the situation. I mean look at the figures that we talk when we mention a coin, it's always in millions of dollars.

Where does the money get traded at that level? In the field where most of the people are intrested in<3
don't worry , those who keeps saying that bitcoin will die are the people that will first shed their tears once bitcoin reached 1 million dollar value soon.

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September 14, 2022, 10:33:29 PM
 #27

I believe BTC winter will be over soon. Bitcoin has so many loyal fans, and more and more people and countries are starting to look at the future of Bitcoin. The presence of such billboards will help more people recognize and start to understand Bitcoin.
The future of Bitcoin is near ams we should be surprised what will happen soon looking at the way people are starting seeing good reasons of buying ams holding Bitcoin is almost every country is entering into recession. Everybody 8a looking for a gold mine where we can get better future from buying and holding assets that has good chances of growing in the future.

Those that had adoption Bitcoin at the early stage are now billionaires now because they saw opportunity in it when others were complaining and thinking it could die off easily without thinking about how advantage it could be if the price skyrocket then. There is still better opportunity for us to look through the future.

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September 14, 2022, 11:22:12 PM
 #28

It is glaring that Bitcoin is now in its winter season because of the sharp drop in price. But, just recently I observed that regardless of the fall in price of Bitcoin, an exchange company just put up a giant billboard in my area advertising Bitcoin.


The Message is "Leave Talk, Buy Bitcoin". Which means " Stop Talking, Just Buy Bitcoin"
Wow, that's exactly cool to see such billboards can be freely set int he public area. I never see like this in my country  Grin
This means that the country may be very usual and welcome enough cryptocurrency, especially Bitcoin.
And this really proves that Bitcoin is actually accepted in any season, whether it is bullish or even bearish. No matter what happen in the market, as long as we can utilize very market codnition to be a gold chance, this will be worthy for us.

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Rigon
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September 14, 2022, 11:31:26 PM
 #29

What's interesting is I don't seem to see a website or company name on the billboard? They've just given this message, and that's it? That's kind of interesting, I thought they'd at least chuck their company name on it. I know there's a bit of text underneath that I can't quite make out, not sure if that's the local language, but even if they did put their company name there, you'd expect their branding to be just as big as the actual message, right?

I relate to the message though, I've had numerous conversations with several people who have been talking about buying Bitcoin for the last six/seven years, and they still haven't to this day, but bring it up at least once a year.

Yup, no self interest from their side, pure altruistic approach. Great to see ads like that.
We all know people who never buy. It's like they want to relate to you somehow, knowing you're into crypto, so they say things like "I'm planning to bbuy just waiting for the right moment for it to hit real lows like 10k again". It's like when you come visit your friends on a motorcycle and they're like "nice bike, I've always wanted that, maybe next year I'll finally buy one" and they never do.
Your example makes a lot of sense to me. There are many people who always hope that I will buy this thing when it goes down a lot.But when it comes to less, they dream of less.As such they are never bought again.I would say to those who think like that, get rid of such thoughts and always keep pace with the times and era.It will change your life along with your future.
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