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Author Topic: what do you guys think about bitcoin  (Read 2159 times)

Offline unsorted

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what do you guys think about bitcoin
« on: May 25, 2022, 08:02:43 AM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam

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what do you guys think about bitcoin
« on: May 25, 2022, 08:02:43 AM »

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Re: what do you guys think about bitcoin
« Reply #1 on: May 25, 2022, 10:01:30 AM »
Bitcoin was never stable nor it will be in the future. I think its creator doesn't see it as a stable coin and only thought about potential growth. That is why we have a limited amount of BTC in the world and the more people coming in the more it will go up because people will start storing them in private wallets which will go out in circulation. This will trigger the supply and demand theory in the BTC market.

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Re: what do you guys think about bitcoin
« Reply #2 on: May 26, 2022, 08:18:17 AM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam

Well, when it was stable? The most volatile currency, it was, it is and it will be.

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Re: what do you guys think about bitcoin
« Reply #3 on: May 26, 2022, 12:30:14 PM »
The growth of bitcoin is one of its main tasks, a project that is aimed at the development of cryptocurrencies and its growth in this will continue. The fall that is happening now is due to small situations in the world that will recover over time.
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Re: what do you guys think about bitcoin
« Reply #4 on: May 26, 2022, 04:04:38 PM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam
Bitcoin is never stable, neither are any other Cryptocurrencies. 
Price fluctuations are very high, so everyone has a big risk. 
If the LUNA tragedy happened with Bitcoin, then Crypto would be dissolved. But that's impossible!
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Re: what do you guys think about bitcoin
« Reply #5 on: May 26, 2022, 04:44:16 PM »
Several crashes, but Bitcoin is safe, currently not sure if it's still safe?
Due to the weak bitcoin price, most of the altcoins have also become sluggish.

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Re: what do you guys think about bitcoin
« Reply #6 on: May 27, 2022, 10:30:34 AM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam

Well, when it was stable? The most volatile currency, it was, it is and it will be.

You're right, bitcoin is very volatile.
I think OP didn't explain about his /her thread.
Bitcoin and altcoins except stable coins will never stable.
That's the fact.

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Re: what do you guys think about bitcoin
« Reply #6 on: May 27, 2022, 10:30:34 AM »


Offline Bobcrypto

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Re: what do you guys think about bitcoin
« Reply #7 on: May 27, 2022, 07:17:29 PM »
And beside Bitcoin fluctuations, stocks and the foreign exchange markets are not stable too, and just like Bitcoin crashes, so do the stock market, though Bitcoin rate of fluctuations seems very often but can also recover faster than stocks.
Bitcoin has lower inflation risk, world currencies are controlled by their respective governments. This is what at times leads to fluctuation in the value of the currencies since governments keep printing more money



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Re: what do you guys think about bitcoin
« Reply #8 on: May 29, 2022, 04:29:16 AM »
Bitcoin price is unstable, maybe more precisely the current price is at a sideway point, it often happens and what you need to remember is, the current BTC price is -40% if we compare it with the ATH price in 2021.
Some investors still believe the future of Bitcoin will be good because the largest crypto market capitalization is still held by BTC

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Re: what do you guys think about bitcoin
« Reply #9 on: June 01, 2022, 01:29:04 AM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam

Luna is just another problem.
I think Bitcoin is different, bitcoin is the king of crypto currency and I still believe bitcoin will survive until long years again.
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Offline Alichlas92

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Re: what do you guys think about bitcoin
« Reply #10 on: June 01, 2022, 04:20:41 AM »
Yes, bro. increase alertness after the luna accident. for bitcoin too, Accidents can happen unexpectedly.

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Re: what do you guys think about bitcoin
« Reply #11 on: June 09, 2022, 12:45:40 PM »
bitcoin , We cannot call it stable . And as I see. For some time now, it has been trading between $31,671.5 to $29,379.33. All bitcoin holders are eagerly waiting for its rate to increase. So that he can get good profit by selling it.

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Re: what do you guys think about bitcoin
« Reply #12 on: June 09, 2022, 02:56:57 PM »
I can say that it’s “technically” stable. Why I say “technically” because it’s the most popular and widely adopted cryptocurrency in the world as well as its market capitalization. But not when it comes to price because it’s subject to market volatility. However, I see this as truly the best crypto for us to buy, accumulate and hold whether if it’s bear or bull market. I usually do DCA (dollar-cost averaging) on BTC last month and planning to do it again for succeeding months as long I have some extra “not beer” money lol.
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Re: what do you guys think about bitcoin
« Reply #13 on: June 09, 2022, 08:01:04 PM »
Currently when I am writing this, bitcoin price is just above 30000$ and its trying to break and close above 32500$ from last few sessions but failed and at lower side it gets support at around 28500 to 29000$, mean its trading in a narrow range 28000$ to 32000$. And I think any if it break any level either upper or lower its will quickly move 1500-2000$. And huge volatility is the nature of crypto market so how bitcoin is called stable coin. Traders making good profit from this volatility because it gives good opportunity for short sellers and long traders.
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Offline Ghozrd

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Re: what do you guys think about bitcoin
« Reply #14 on: June 10, 2022, 07:50:56 AM »
still it is stable ?  :o

i'm a bit skeptical after the Luna scam

Every investment has risks, but Bitcoin was created before LUNA was created, and Bitcoin has an anonymous developer with a large community and has the largest market capitalization in the crypto market, if Satoshi Nakamoto wanted to make himself rich, he would probably sell the 2 million Bitcoins he owns, but he didn't do that, the Bitcoin idea was built with a lot of preparation, we can see how Bitcoin was made and Satoshi conveyed his idea on the Bitcointalk forum, he didn't hide anything, everything was transparent and everything started with 0, without any ICO or IDO like when this.
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