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Author Topic: Bitcoin isn't dying, it's alive.  (Read 671 times)
Vaskiy
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December 29, 2022, 11:40:47 PM
 #61

Bitcoin isn't dying the only problem we have with bitcoin now is the price that sometimes going down and sometimes is high..
If you know how the market works for Bitcoin then you will understand why did all of these things are happening. You can all call I different names but it won't change the fact that Satoshi made a great innovative invention in the history. I've read a lot of "Bitcoin is dead" threads but they were all the same an investors having a significant losses and because they can't take it, they pushed the blame to the Bitcoin. It's okay if you have lost a lot in the past but make sure you always remember those mistakes and learn from them not make them as an inspiration to blame it.
The market is completely unpredictable and the same makes more of its investors land in loss. This is quite common with every form of investment. The economic condition prevailing around the world too a reason why people suffer much. It is common to see bitcoin is dead, only the proper understanding about the market will keep them on the right track.

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December 30, 2022, 12:36:14 AM
 #62

Bitcoin isn't dying the only problem we have with bitcoin now is the price that sometimes going down and sometimes is high..
If you know how the market works for Bitcoin then you will understand why did all of these things are happening. You can all call I different names but it won't change the fact that Satoshi made a great innovative invention in the history. I've read a lot of "Bitcoin is dead" threads but they were all the same an investors having a significant losses and because they can't take it, they pushed the blame to the Bitcoin. It's okay if you have lost a lot in the past but make sure you always remember those mistakes and learn from them not make them as an inspiration to blame it.
When people are experimenting a difficult time on their lives they try to find fault on something or someone else, so instead of admitting their own flaws and the mistakes that lead them to lose their money those people prefer instead to blame bitcoin, after all if bitcoin itself is what is failing then they can avoid taking the blame as in their minds they were deceived in some way or form, however we know how such stories end, bitcoin eventually will recover and those people will have no one to blame but themselves for the losses they are suffering.
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December 30, 2022, 02:33:29 AM
 #63

Bitcoin isn't dying the only problem we have with bitcoin now is the price that sometimes going down and sometimes is high..
If you know how the market works for Bitcoin then you will understand why did all of these things are happening. You can all call I different names but it won't change the fact that Satoshi made a great innovative invention in the history. I've read a lot of "Bitcoin is dead" threads but they were all the same an investors having a significant losses and because they can't take it, they pushed the blame to the Bitcoin. It's okay if you have lost a lot in the past but make sure you always remember those mistakes and learn from them not make them as an inspiration to blame it.
When people are experimenting a difficult time on their lives they try to find fault on something or someone else, so instead of admitting their own flaws and the mistakes that lead them to lose their money those people prefer instead to blame bitcoin, after all if bitcoin itself is what is failing then they can avoid taking the blame as in their minds they were deceived in some way or form, however we know how such stories end, bitcoin eventually will recover and those people will have no one to blame but themselves for the losses they are suffering.

yes, I agree with your opinion, and indeed, in my opinion, most people always have the nature of panic in investing, even though the presence of panic is what makes that person wretched. so actually investing in bitcoin is quite easy, that is, if we are strong enough to hold on, we will definitely win. but of course to endure is a difficult thing, because I used to have the experience of being a panicked person.
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December 30, 2022, 06:09:55 AM
 #64

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.

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December 30, 2022, 07:24:54 AM
Last edit: December 30, 2022, 07:50:01 AM by oaz7t
 #65

I dont know, but it's inappropriate to say that bitcoin is dying just because the prices went down for it. No asset is dead unless and until is completely discontinued from the market  circulation. I mean if you and I completely discard usage of bitcoin then also bitcoin will continue to Survive All the transactions, data about its confirmation and hashes will still be there on the blockchain. That was the whole point of it. It's based on a public ledger, we have proof of work embedded everywhere on the devices through the internet. It's highly impossible that it will be dead. If you compare it with the price then obviously it can go to zero if there is no one to buy bitcoin.
However, there will always be someone who is buying and selling bitcoin. Lets not forget how much bitcoins are in possession of Satoshi. You wanna wake up the Kraken?



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December 30, 2022, 10:22:53 AM
 #66

yes, I agree with your opinion, and indeed, in my opinion, most people always have the nature of panic in investing, even though the presence of panic is what makes that person wretched. so actually investing in bitcoin is quite easy, that is, if we are strong enough to hold on, we will definitely win. but of course to endure is a difficult thing, because I used to have the experience of being a panicked person.
Many people panic because they don't want to see what they have invested but the value falls along with changing conditions.
But if they can have peace of mind in investing in bitcoin, they won't panic and will see it as an opportunity to increase their bitcoin amount again.
It requires more experience to overcome momentary panic.
If we keep trying to overcome it, we can stay calm.
And now, those who have invested in bitcoin are trying to survive this current condition and keep buying more bitcoins for us to sell at the next highest price.

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December 30, 2022, 11:50:14 AM
 #67

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.
We can't call the market in a normal situation if the price is high, a dump can be considered as well knowing the fact that the market is volatile. We are still in the normal condition of the market, we have two market cycles - bearish and bullish market. If we understand the nature of the market, we gonna be aware also that not all the time we are in a bullish trend, drops are really possible. That is why we can never say Bitcoin is dying, it was just a correction and it turn high again someday.

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December 30, 2022, 12:02:03 PM
 #68

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.
We can't call the market in a normal situation if the price is high, a dump can be considered as well knowing the fact that the market is volatile. We are still in the normal condition of the market, we have two market cycles - bearish and bullish market. If we understand the nature of the market, we gonna be aware also that not all the time we are in a bullish trend, drops are really possible. That is why we can never say Bitcoin is dying, it was just a correction and it turn high again someday.

Expect that dumps will came especially the price is soaring high and it past to its last ATH since for sure many people will be in rush to sell their holdings to secure their profits. This scenario can affect the market so we need to have self contentment so that we will not greedy for wanting for more money out of more pumps to come since there are times that reversal will came which can affect badly to those newbies who get greedy about some pumps they look forward.

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December 30, 2022, 12:21:04 PM
 #69

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.

Yes, the bear market won't last forever, but not everything will return to normal. I think only bitcoin and some altcoins will recover, the rest will disappear forever and be replaced with new ones. If you are holding bitcoin, then just hold and don't sell at all costs you will be fine when the market recovers. But if your assets are in altcoins, I'm not sure you're fine, many altcoins will never recover, and your loss will never be recovered.

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December 30, 2022, 12:34:49 PM
 #70

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.

Why do we rely on Elon Musk my friend? I mean we already know what is Bitcoin capable of . So no big whales are required to make us understand about Bitcoins. These whales only use the followers for their own benefits and later on yield profit from it. Bitcoin follows a 4 year cycle to be specific. So 2023 will be definitely big for Bitcoins. We just need to have patience and don’t lose hope. Buy as many Bitcoins as you can in this bear market and yield profits later on when BTC catches the pace.

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December 30, 2022, 02:55:24 PM
 #71

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.
I understand how they feel, especially newcomers but I know they will overcome that situation and still have faith in Bitcoin. This is not the first we have a hard time with crypto which is why we don't have to give up and think negatively for this will soon get over and turn bullish once again. As long as we still hold our Bitcoin, nothing will lose on us but if we sell them because we are warry with the future condition of the market, that was really a big mistake ever made.

R


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darewaller
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December 31, 2022, 08:35:11 PM
 #72

Until now the price of bitcoin and altcoins is at its lowest point and we do not know when this will end, all investors are under great pressure and some of them have given up on the current situation, but believe me everything will return to normal and the market recovery will return to happen then never panic because the situation as we have often faced in the past year, never let go of our investment when we are experiencing losses we still have to survive because there are big surprises that we will feel in the coming year, now we have to find a way so that all the losses we feel can get bigger profits again.
Giving up when it is already so low is not really a good idea and investors who do something like that should definitely stay away and not get back in. Right now is not the time to give up, if you give up now then the whales would win and you would lose a lot of money.

I can see plenty of whales buying millions, combine them all and it's hundreds of millions of dollars bought this year on the bear market. Because they know that they could make so much more money this way instead of just keep hoping that they would make more if they sell now and buy later on. Do not wait for it to go down more, buy now and hold as long as you possibly could so you could make a profit.
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January 02, 2023, 07:51:46 AM
 #73

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.
Bitcoin exists and continues to grow in popularity and universal acceptance. To have enough trust in Bitcoin, accumulating and holding Bitcoin is a good choice at present. Due to Bitcoin halving and demand for it, its value will continue to grow in the future.
QueenVera
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January 02, 2023, 09:53:07 AM
 #74

Yes, the bear market won't last forever, but not everything will return to normal. I think only bitcoin and some altcoins will recover, the rest will disappear forever and be replaced with new ones. If you are holding bitcoin, then just hold and don't sell at all costs you will be fine when the market recovers. But if your assets are in altcoins, I'm not sure you're fine, many altcoins will never recover, and your loss will never be recovered.

That's quite true because same thing happened in the previous years when we experience a bear market. Many projects died in that bear market just as we have experience in this one as well. More project are still going to die because soon the focus will be shifted from all the trending topics now to other things and project that can adjust will be left behind which is why we are advise against investing in altcoins at the moment.
All the Metaverse and NFT projects would lose its momentum as new trends will be introduced and people will shift attention to them. Altcoins that do well are those that are in the side of a trend. For example when Defi was the trend, majority of the projects in that sector did very well and same thing will repeat itself when we have gone passed the bear Market.
Bitcoin is the only coin that can give you profit in any trend of the market so we should stick to it and accumulate as many coins as we can get now that the price is selling at a discounted price. Soon this price will be a thing of the past.

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WatChe
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January 02, 2023, 11:14:52 AM
 #75

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.

Why do we rely on Elon Musk my friend? I mean we already know what is Bitcoin capable of . So no big whales are required to make us understand about Bitcoins. These whales only use the followers for their own benefits and later on yield profit from it. Bitcoin follows a 4 year cycle to be specific. So 2023 will be definitely big for Bitcoins. We just need to have patience and don’t lose hope. Buy as many Bitcoins as you can in this bear market and yield profits later on when BTC catches the pace.

Bitcoin is run by a community that is formed over a period of decade. People like Musk make fun of Bitcoin in the start and when they see an opportunity in Bitcoin they are jumping in. It up to the bitcoin community that how they respond to such opportunits, we are in position to either make or break them. IMO the bitcoin community is the one that gave too much importance to Musk and that's his sole reason of success in the bitcoin market. I guess its a matter of time when we will see maturity in bitcoin community.    
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January 02, 2023, 11:24:27 AM
 #76

We can see the price of Bitcoin is going down gradually but no one wants to understand it depends on your stock market it is also a digital currency through digital transactions and it is currently in bad condition Elon Musk said in 1 reply on Twitter.  Bitcoin is as cold as winter you have to wait for this of course bitcoin price may go up at the end of this winter so be patient everyone.  So if we all wait and if we all hold on to what we have, it's going to get $30,000 to $40,000 by the middle of the year and get to a very good price and it could get to a hundred if we hold it tight, so everybody's disappointed.  Let's save Bitcoin by holding instead.


Bitcoin has never been and will never be in a situation where it needs to be bailed out. this is an obvious fact. and no action is needed because it is not facing a crisis, don't make the mistake of assuming that because there are people losing money with their bitcoin investments that this is somehow a problem for bitcoin, it is a problem for bitcoin buyers not taking into account that they could lose money or being too impatient to let bitcoin do its job and eventually reassess, bitcoin is as strong and solid as it has always been and nothing needs to be done about it.
TheGreatPython
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January 02, 2023, 05:46:22 PM
 #77

Bitcoin is run by a community that is formed over a period of decade. People like Musk make fun of Bitcoin in the start and when they see an opportunity in Bitcoin they are jumping in. It up to the bitcoin community that how they respond to such opportunits, we are in position to either make or break them. IMO the bitcoin community is the one that gave too much importance to Musk and that's his sole reason of success in the bitcoin market. I guess its a matter of time when we will see maturity in bitcoin community.    
Having some sort of rich person end up being interested doesn't matter. I do not need Elon to tell me it's great to know it's great, neither need Warren Buffet to tell me it's too dangerous to know the risks neither. I am capable of making these calculations myself and I am fine with it and I am happy about it as well.

There is absolutely no need to make any kind of profit at all right now at all because I am in no rush neither, I know it's alive, I know it's injured or whatever you want to call it with this analogy right now but I also know it will heal and get better with time. Time is the only thing we need, time is the only thing we can't buy and that's why it matters so much.

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danadc
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January 02, 2023, 05:55:47 PM
 #78

I don't know how people under any Moorish and intellectual authority can say and affirm that bitcoin is dying, and they are people of great respect and who have a lot of empathy with their followers for being gentlemen with great intelligence, but the fact that people can make a difference by saying that bitcoin is worthless, when they are closing the doors to people who don't know much about investments and about how to solve their own bonds, I have a friend who is a housewife, she cleans houses at home, she I said to buy bitcoin and she did, and the price has dropped, but she doesn't tell me that she's sorry, I made her believe in bitcoin and that she had to wait for the best times that will come in a moment.

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dunfida
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January 02, 2023, 07:33:22 PM
 #79

Bitcoin isn't dying the only problem we have with bitcoin now is the price that sometimes going down and sometimes is high..
If you know how the market works for Bitcoin then you will understand why did all of these things are happening. You can all call I different names but it won't change the fact that Satoshi made a great innovative invention in the history. I've read a lot of "Bitcoin is dead" threads but they were all the same an investors having a significant losses and because they can't take it, they pushed the blame to the Bitcoin. It's okay if you have lost a lot in the past but make sure you always remember those mistakes and learn from them not make them as an inspiration to blame it.
When people are experimenting a difficult time on their lives they try to find fault on something or someone else, so instead of admitting their own flaws and the mistakes that lead them to lose their money those people prefer instead to blame bitcoin, after all if bitcoin itself is what is failing then they can avoid taking the blame as in their minds they were deceived in some way or form, however we know how such stories end, bitcoin eventually will recover and those people will have no one to blame but themselves for the losses they are suffering.
You would soon realize with those mistakes that you have done because you would be seeing for yourself on how Bitcoin do able to recover out and making such comeback.Come to think that we are dealing on an

unpredictable market which it would really be normal that those prices would really be going up and down which you would realize for yourself that it wont be something to be over.
This is why you would really be that able to realize thats not how things works and you would really be able to blame yourself on why you had such assumption.
You cant really be that able to avoid those impulsive emotions which is understandable but you shouldnt tolerate that.

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January 02, 2023, 08:26:57 PM
 #80

Bitcoin is run by a community that is formed over a period of decade. People like Musk make fun of Bitcoin in the start and when they see an opportunity in Bitcoin they are jumping in. It up to the bitcoin community that how they respond to such opportunits, we are in position to either make or break them. IMO the bitcoin community is the one that gave too much importance to Musk and that's his sole reason of success in the bitcoin market. I guess its a matter of time when we will see maturity in bitcoin community.    
Having some sort of rich person end up being interested doesn't matter. I do not need Elon to tell me it's great to know it's great, neither need Warren Buffet to tell me it's too dangerous to know the risks neither. I am capable of making these calculations myself and I am fine with it and I am happy about it as well.

There is absolutely no need to make any kind of profit at all right now at all because I am in no rush neither, I know it's alive, I know it's injured or whatever you want to call it with this analogy right now but I also know it will heal and get better with time. Time is the only thing we need, time is the only thing we can't buy and that's why it matters so much.

I couldn't agree with you anymore. We all have our own speculations and that's what matter as long as we know we are equipped with the knowledge needed to read the market's climate and its future, there's certainly no need to rely on this Billionaires especially Elon Musk as we already know their motive why they're saying like this and that, surely, that's because they are planning to get advantage of the situation to their own benefit.

The important thing is that we know that bitcoin will recover because as history suggests, bitcoin will always recover no matter the challenge. Just like what you've said, there's really no need to rush for things especially if we're in for the long-term hodling. Just sit tight and watch until the market recovers.

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