btc78
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December 08, 2022, 05:27:21 AM |
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Hi. I'm a newbie and I'm just learning about this topic. There are many questions that I would like to understand, maybe this one has already been discussed, but I didn't find the thread, sorry. How reliable is Bitcoin, what will it be if someone will generate a new blockchain or another digital currency, will it make bitcoin fall down, and how fast?
If you are a newbie then best to ask if How bitcoin will grow and earn than asking how fall it can be, because you are adding not so good comments in the forum while the price of bitcoin is just recovering from a bad movement this whole eyar. just this month that we are seeing the green staying for a Week so best to be thankful for that. and also if you wanted to learn in something that can be profitable , then better to seek for the positive side instead of the negative area.
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Dave1
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December 08, 2022, 09:28:49 AM |
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The price of bitcoin will always be fluctuating, although more and more adoption directly and many countries have legalized bitcoin, but the bad thing is the number of manipulations in Exchanges that will continue to overshadow the performance of Bitcoin and Market Cryptocurrencies, I'm sure after FTX will appear the same case so as to panic investor For transactions in Exchanges.
For me, if ever there will be legalization as far as bitcoin goes in the future, it's just a plus for us. Although there is El Salvador, but still doesn't matter for us, as long as we can do bitcoin as a borderless form of cypto that can be move all over and then the recepient able to exchange it to their Fiat and used then we are all good. So still based on us, average joe and whales to move the price of bitcoin, whether it's on the negative that we are seeing or in the next bull run.
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fzkto
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December 08, 2022, 10:08:52 AM |
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Hi. I'm a newbie and I'm just learning about this topic. There are many questions that I would like to understand, maybe this one has already been discussed, but I didn't find the thread, sorry. How reliable is Bitcoin, what will it be if someone will generate a new blockchain or another digital currency, will it make bitcoin fall down, and how fast?
If you are a newbie then best to ask if How bitcoin will grow and earn than asking how fall it can be, because you are adding not so good comments in the forum while the price of bitcoin is just recovering from a bad movement this whole eyar. just this month that we are seeing the green staying for a Week so best to be thankful for that. and also if you wanted to learn in something that can be profitable , then better to seek for the positive side instead of the negative area. It's not easy to look for positivity where there is little of it at the moment. A green week doesn't tell you anything yet. In previous months the first weeks were green too, but the monthly candles remain red. Although I agree that it is a good time to ask how fast bitcoin can rise, because the price has been falling for a very long time.
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TheGreatPython
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December 09, 2022, 05:26:22 AM |
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If you are a newbie then best to ask if How bitcoin will grow and earn than asking how fall it can be, because you are adding not so good comments in the forum while the price of bitcoin is just recovering from a bad movement this whole eyar.
just this month that we are seeing the green staying for a Week so best to be thankful for that.
and also if you wanted to learn in something that can be profitable , then better to seek for the positive side instead of the negative area.
It's not easy to look for positivity where there is little of it at the moment. A green week doesn't tell you anything yet. In previous months the first weeks were green too, but the monthly candles remain red. Although I agree that it is a good time to ask how fast bitcoin can rise, because the price has been falling for a very long time. Disregard the market situation, it's really hard to become positive if you are still a newbie. As a newbie in this scene, it's normal to be scared when you see that the price is dumping but what the op did is great. People here can encourage him to hold still. If he didn't do that then maybe he already lost his hope and finally quit on btc. A green week is better than seeing a red week and this might mean something. Maybe this is a sign that the price is now going to recover for more? Past is past already. This month we have now is different and special because it's the final month of the year. We will see if how fast bitcoin can rise this time.
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Kadal Ijo
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December 09, 2022, 09:56:41 AM |
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Many are worried that if the December market will fall again, in my opinion the biggest fear is when there are cases like FTX repeated again, making investors lose money, the FTX process is unclear and it seems like it will end with a bad thing that FTX will not return money to consumers.
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StreakW
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December 09, 2022, 10:19:45 AM |
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I think that bitcoin will not fall or disappear even if a new blockchain or a new digital currency appears. Every time a new coin appears, it doesn't affect the existence of bitcoin because bitcoin is the parent of all altcoins and until now no one has been able to compete with bitcoin.
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wmaurik
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December 09, 2022, 10:23:53 AM Merited by fillippone (2) |
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The price of bitcoin will always be fluctuating, although more and more adoption directly and many countries have legalized bitcoin, but the bad thing is the number of manipulations in Exchanges that will continue to overshadow the performance of Bitcoin and Market Cryptocurrencies, I'm sure after FTX will appear the same case so as to panic investor For transactions in Exchanges.
Manipulation only happens in bad places and won't happen on all exchanges. Likewise with the case that happened to FTX where FTX made a play that everyone can read, that doesn't exist on other exchanges because other exchanges also see the bad effects of the case so that other exchanges have to think several times if they want to do what FTX did this year. Because it's really very bad, but if other exchanges don't want to develop their exchange in a better direction and want to close the market in that way, they might do that in the future. But this is a very bad judgment to make and you don't need to worry about other exchanges for the same incident because it is quite realized by other exchanges. But if you still feel worried and afraid of the same incidents on other exchanges, then just leave all the crypto exchanges and don't introduce yourself to crypto again because then you can be calmer and never worry about the same incident again.
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$crypto$
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December 09, 2022, 01:37:32 PM |
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Many are worried that if the December market will fall again, in my opinion the biggest fear is when there are cases like FTX repeated again, making investors lose money, the FTX process is unclear and it seems like it will end with a bad thing that FTX will not return money to consumers.
It can be said that in December the price was still below, showing no signs of rising to $20,000, there is still a little doubt that the price will recover quickly because the bearish is currently quite long if we pay attention. FTX has been said to be bankrupt, all sites cannot be accessed automatically, all customer funds will not be able to be withdrawn, so it is likely that no good will expect FTX because this is the biggest FUD this year, so many investors have lost money due to trusting too much in a centralized exchange.
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Rasa nanas
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December 10, 2022, 02:23:58 PM |
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there are so many new altcoins that appear every year, even have functions and benefits that are far greater than bitcoin. then whether bitcoin will fall down? look at CMC, bitcoin remains at rank 1 and no one has ever taken a bitcoin position at rank 1.
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Fara Chan
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December 11, 2022, 09:26:10 AM |
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there are so many new altcoins that appear every year, even have functions and benefits that are far greater than bitcoin. then whether bitcoin will fall down? look at CMC, bitcoin remains at rank 1 and no one has ever taken a bitcoin position at rank 1.
I do not see the function and power of other coins that are much greater than bitcoin, every day new coins are launched even countless, but most of them are not fundamental, disappear in the market and do not find confidence in their development. So it is not the right choice to choose in any period. While Bitcoin won all categories, so that Bitcoin was able to survive and develop until now, the presence of other coins did not affect Bitcoin on the market, because Bitcoin was created with its own uniqueness and advantages that other coins do not have. So that the fall of Bitcoin can be said to be impossible for reasons of the large number of coins that are made and therefore bitcoin is the king in Cryptocurrency today.
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CageMabok
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December 11, 2022, 11:24:14 AM |
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I think that bitcoin will not fall or disappear even if a new blockchain or a new digital currency appears. Every time a new coin appears, it doesn't affect the existence of bitcoin because bitcoin is the parent of all altcoins and until now no one has been able to compete with bitcoin.
It is indeed undeniable by creators of new coins at this time and they may even see Bitcoin as an example and motivation in developing new coins at this time even though the product they are producing will not be the same as Bitcoin. Both in terms of value and in terms of quality as a coin in the crypto space. Actually, the creators of new coins are not worth competing with Bitcoin because it is not a very worthy opponent, except only with shitcoins or altcoins that are not that old either.
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aylabadia05
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December 11, 2022, 05:25:43 PM |
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there are so many new altcoins that appear every year, even have functions and benefits that are far greater than bitcoin. then whether bitcoin will fall down? look at CMC, bitcoin remains at rank 1 and no one has ever taken a bitcoin position at rank 1.
May I say it's just hype and will not give a certainty that they will survive like Bitcoin. They are just cryptos that have no solid foundation. Not every year, but almost every time they are born in the crypto space. Who would have thought that LUNA and FTX, which are altcoins that are classified as big altcoins, would suffer a sad fate. If Bitcoin is clear as we all know since it was created until today and even tomorrow. There is absolutely no altcoin that has as strong power as Bitcoin.
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Lubang Bawah
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December 12, 2022, 02:10:28 AM |
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there are so many new altcoins that appear every year, even have functions and benefits that are far greater than bitcoin. then whether bitcoin will fall down? look at CMC, bitcoin remains at rank 1 and no one has ever taken a bitcoin position at rank 1.
The most important key to Bitcoin has always been a leader because Bitcoin is a project that has been completed, in contrast to most new projects that are still growing, and when there is a security issue they immediately replace the address and other things are investments in Bitcoin will be safe because the amount or stock will not be Can be more different from Altcoins which can sometimes be burned or added.
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Newlifebtc
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December 12, 2022, 10:09:39 PM |
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Nobody can detect how fast or how low will bitcoin for the call bitcoin falling in demand from the market got the market or bitcoin is what must be done to grow and also for if there is no bias then the price will be falling so if there is Maya and people buy more or bitcoin price by increasing so that is it it does not have a particular time it falls and the particular time it rises
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Lanatsa
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December 12, 2022, 11:53:20 PM |
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Nobody can detect how fast or how low will bitcoin for the call bitcoin falling in demand from the market got the market or bitcoin is what must be done to grow and also for if there is no bias then the price will be falling so if there is Maya and people buy more or bitcoin price by increasing so that is it it does not have a particular time it falls and the particular time it rises
People should really put up into their minds that it cant really be that possible on knowing on what are the things that could happen even on next minute,hours,days,weeks,months,years or decades if we do speak about Bitcoins price.Everything would really be depending on the demand because if people do find out its not something interesting anymore then demand would decline. We've seen on how this market behaves or acts which is really that totally random and making yourself believe into something which hadnt been proven out is something stressful which i dont really prefer into.
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Lambe Ndumble
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December 16, 2022, 09:42:05 AM |
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It can be said that the FTX case is the biggest case that makes a shock in a short time, we still remember when the price almost touched $ 22k but after the FTX Drop case occurred to around $ 15k or more than 30% in 4 days, hopefully this is a record that is not repeated in the future
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btc78
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Eloncoin.org - Mars, here we come!
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December 20, 2022, 03:20:15 AM |
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Hi. I'm a newbie and I'm just learning about this topic. There are many questions that I would like to understand, maybe this one has already been discussed, but I didn't find the thread, sorry. How reliable is Bitcoin, what will it be if someone will generate a new blockchain or another digital currency, will it make bitcoin fall down, and how fast?
If you are a newbie then best to ask if How bitcoin will grow and earn than asking how fall it can be, because you are adding not so good comments in the forum while the price of bitcoin is just recovering from a bad movement this whole eyar. just this month that we are seeing the green staying for a Week so best to be thankful for that. and also if you wanted to learn in something that can be profitable , then better to seek for the positive side instead of the negative area. It's not easy to look for positivity where there is little of it at the moment. A green week doesn't tell you anything yet. In previous months the first weeks were green too, but the monthly candles remain red. Although I agree that it is a good time to ask how fast bitcoin can rise, because the price has been falling for a very long time. it is there mate , green will always bring positivity because sometimes this is is the start of other investors to put their funds back if the market shows greens , but in our season now? yeah this is another hard position to take as the effect of the recent bear keeps on pulling the price down. so maybe you are correct as the candles keeps on red . It can be said that the FTX case is the biggest case that makes a shock in a short time, we still remember when the price almost touched $ 22k but after the FTX Drop case occurred to around $ 15k or more than 30% in 4 days, hopefully this is a record that is not repeated in the future
this is the biggest in our time now but there are so many scam or hack happened before that brings so much with almost speed of the light.
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wmaurik
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December 20, 2022, 10:52:09 PM |
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It can be said that the FTX case is the biggest case that makes a shock in a short time, we still remember when the price almost touched $ 22k but after the FTX Drop case occurred to around $ 15k or more than 30% in 4 days, hopefully this is a record that is not repeated in the future
And it was also the worst record that happened in a short time in the crypto space with more influence on market conditions so that investors continued to panic. The same thing probably won't happen again next year, but that doesn't mean it won't happen again in other exchanges. Because it is based on one's intention to become rich in a moment even though in the end you will also be poor again after being arrested and examined according to applicable law.
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