Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Domithra on May 22, 2018, 10:09:03 AM
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Well, i don't believe in the Bitcoin bubble ideology. Bitcoin in itself is created to be controlled by it users and not any central authoritative party. As such, its value and price on the market is strongly determined by how the entities involved in its transactions treat it. Bad players on the market decide the fall in price whereas the good players offer it a boost in price. There is no point in spreading FUD, as this will rather cause more panic sell at cheap prices thereby devaluing Bitcoin. This is the time to hold and if possible buy more.
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Well, i don't believe in the Bitcoin bubble ideology. Bitcoin in itself is created to be controlled by it users and not any central authoritative party. As such, its value and price on the market is strongly determined by how the entities involved in its transactions treat it. Bad players on the market decide the fall in price whereas the good players offer it a boost in price. There is no point in spreading FUD, as this will rather cause more panic sell at cheap prices thereby devaluing Bitcoin. This is the time to hold and if possible buy more.
All the hype of bitcoin and cryptocurrency in general has created is stirring up new innovations everyday.My money is on bitcoin being the success in the end,but who knows.Some group out there might come up with something better.
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Well, i don't believe in the Bitcoin bubble ideology. Bitcoin in itself is created to be controlled by it users and not any central authoritative party. As such, its value and price on the market is strongly determined by how the entities involved in its transactions treat it. Bad players on the market decide the fall in price whereas the good players offer it a boost in price. There is no point in spreading FUD, as this will rather cause more panic sell at cheap prices thereby devaluing Bitcoin. This is the time to hold and if possible buy more.
All the hype of bitcoin and cryptocurrency in general has created is stirring up new innovations everyday.My money is on bitcoin being the success in the end,but who knows.Some group out there might come up with something better.
Bitcoins and a few other cryptocurrency can be exchanged by property. It is an innovation, Arabian Escapes took this step and it is a real estate company which offers its customers to use cryptocurrency instead of money,
Your money is bitcoin but although bitcoin is also not stable, it may end up in loss, you should keep up with the newest products in my opinion.
Correct me if I made a mistake. :)
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No matter what they say, but outwardly, cryptocurrency still resembles a financial bubble. Any financial asset that is not backed by tangible assets has signs of a financial bubble, as it is based on trust and popularity. If the trust falls for any reason, the cryptocurrency may lose all value in a short time.
However, the more various useful functions a cryptocurrency will perform, the less likely such a development of events will be.
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everyone does have different perceptions and you have to be able to tolerate that, let people have their own opinions, it just might be strange from some people's opinions.
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everyone does have different perceptions and you have to be able to tolerate that, let people have their own opinions, it just might be strange from some people's opinions.
Yes brother you are right. Everyone has a different idea.
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Well, i don't believe in the Bitcoin bubble ideology. Bitcoin in itself is created to be controlled by it users and not any central authoritative party. As such, its value and price on the market is strongly determined by how the entities involved in its transactions treat it. Bad players on the market decide the fall in price whereas the good players offer it a boost in price. There is no point in spreading FUD, as this will rather cause more panic sell at cheap prices thereby devaluing Bitcoin. This is the time to hold and if possible buy more.
There are no bad participants in the cryptocurrency market who pull the market down in price terms, or good ones who try to push prices up. Everyone works in the market in their own interests, striving to get the most profit, and such behavior is absolutely normal. The actions of everyone to buy or sell cryptocurrency affect the increase and decrease in demand for it, as a result of which its price is formed.
Cryptocurrency as a whole is deservedly compared to a financial bubble, as it is usually not backed by anything, and the price ultimately depends on the belief in the continued functioning of the cryptocurrency. If this belief is greatly shaken due to any actions of other persons, fear may work for market participants and, according to the domino principle, almost any cryptocurrency can quickly lose its price and value.
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everyone does have different perceptions and you have to be able to tolerate that, let people have their own opinions, it just might be strange from some people's opinions.
Maybe the OP just wants to know other people's opinions, and will try to understand them and not impose his opinion on others. This is natural for an investor or Bitcoin trader to want to know the opinion of others, then he will determine the next step in Bitcoin investment or trading.
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"It's just like the end of the 90s with the internet bubble, so you're still early in the space," said Hodl CEO.
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Yes, 60% of people consider crypto as a bubble. But even after this, crypto is disappearing. When crypto goes down So bubble looks like bitcoin is also one of them. When crypto is on the rise Bitcoin rules all coins. [Bitcoin the King] Since 2008, Bitcoin is considered the king of cryptocurrencies. The crypto market is running with the help of bitcoin. However, due to the unbearable strikes, the market is quite heeled now. Which creates an atmosphere of fear.
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I know this topic is not new but it will always be relevant for us to refer to as the market goes into crypto winter. I myself will continue to believe in BTC and will DCA during the winter to get a lot of BTC for the 2024-2026 bullrun. If we believe in the future of the market, we must believe in the future of BTC.
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You are right in saying that. The bitcoin market has become like a bubble. High at once. Down at once. By the way, smart investors also take good advantage of this. Buying in recession. and sell at a higher rate.
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Bitcoin bubble is this belief of people who do not have complete knowledge about bitcoin. Today bitcoin has become a digital currency all over the world, digital payment is being done through bitcoin in many countries.