>> (p.1)
    Author Topic: BTC Death Spiral  (Read 240 times)

    • atlantis123 (OP)
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    March 27, 2018, 06:37:06 AM
     #1
    It is unfolding. The Gloom and doom is feeding on itself. Even threads in this Forum have hardcore BTC Fans doubting BTC.
    I hope some good news can break this cycle but I cant see it happening to the end of the year when BTC will most probably be at a low price.
    BTC is facing it hardest test!

  • cryptorTUX
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    March 28, 2018, 07:09:56 PM
     #2
    It doesn't have to pass hardest test. Because it passed it way back in 2013, now many people know and talk about bitcoin so future is so bright, at least it looks bright, that way from my own perspective. It depends what are your goals are, if your goals are to earn money - bitcoin is not the only place to do so, but there is a lot of opportunity in the field. If we are talking about usability, then there are many new merchants and services that start slowly to accept bitcoin and if you look how much have this number risen comparing to 6months before. Surge is real, this is new thing, new economy, new world for all of us.

  • Tilbrook007
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    April 01, 2018, 02:15:47 PM
     #3
    Quote from: cryptorTUX on March 28, 2018, 07:09:56 PM
    It doesn't have to pass hardest test. Because it passed it way back in 2013, now many people know and talk about bitcoin so future is so bright, at least it looks bright, that way from my own perspective. It depends what are your goals are, if your goals are to earn money - bitcoin is not the only place to do so, but there is a lot of opportunity in the field. If we are talking about usability, then there are many new merchants and services that start slowly to accept bitcoin and if you look how much have this number risen comparing to 6months before. Surge is real, this is new thing, new economy, new world for all of us.

    The test criteria has changed bright ass!

  • Tilbrook007
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    April 01, 2018, 02:17:56 PM
     #4
    BTC just went under 6600 USD!
    This is not good!

  • xbiv2
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    April 01, 2018, 02:19:01 PM
     #5
    https://bt.irlbtc.com/view/3225910.0
    ETH scam? https://bitcointalk.org/?topic=1962536 LTC? https://bitcointalk.org/?topic=2007557
    BTC? https://bitcointalk.org/?topic=2007635
    "CRYPTO MARKET" https://image.ibb.co/mqO1Ck/LEVELS_i.png

  • burakdat
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    April 01, 2018, 02:26:13 PM
     #6
    Quote from: atlantis123 on March 27, 2018, 06:37:06 AM
    It is unfolding. The Gloom and doom is feeding on itself. Even threads in this Forum have hardcore BTC Fans doubting BTC.
    I hope some good news can break this cycle but I cant see it happening to the end of the year when BTC will most probably be at a low price.
    BTC is facing it hardest test!


    well if the door closes for bitcoin there will be another door to open. And i do not know what would be tje next big thing crypto that will achieve as bitcoin did. All this time bitcoin was shaken by recent market price droppimg and it is very unusual thing to happen with bitcoin. We could not blame the of their instict for not trusting bitcoin anymore because they've grown already and it is their decision. But still bitcoin is the number one cryprocurrenxy and doubt about it. Hopefully bitcoin market price will regain the usual market price so as to let.our investors happy.
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  • Prodigye
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    April 01, 2018, 02:29:10 PM
     #7
    Some good news has popped up: the G20 meeting in Argentina concluded with the recognition of cryptocurrencies, lightning network is also experiencing wider adoption.

  • andeonnut
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    April 01, 2018, 02:30:26 PM
     #8
    It's just a cycle. What has changed fundamentally about the technology since the hype in December?
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  • Basmic
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    April 01, 2018, 02:31:19 PM
     #9
    Quote from: Tilbrook007 on April 01, 2018, 02:17:56 PM
    BTC just went under 6600 USD!
    This is not good!
    Nothing wrong. I see that bitcoin sales volumes are declining on all exchanges. This means that people do not want to sell their coins at such a low price. Maybe now the statistics of trading cheat bots. That's a good signal to me. I think this is the bottom and we are waiting for a very rapid recovery of the market.

  • Anti-Cen
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    High fees = low BTC price


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    April 01, 2018, 02:36:03 PM
     #10
    I trust maths myself and if you plot on a graph the price from when miners were allowed by the
    dis-functional development team here increase fees to $55 per transaction then you will see what
    killed bit coin and it's not cheap talk coming out of China or Korea but fees.

    Throw in the Bitcoin lightning network has been uncovered as being nothing more than a scam because
    the hubs are mini-banks and you should had been moving towards the door month ago.

    Bitcoin is dyeing of a self inflicted wound and most none addicted gamblers have already left the
    casino, the smell got too much and now we are seeing another increase in ransom-ware like
    WanaCry viruses being used again so tell me, can you guess who's doing it  Cheesy Cheesy Cheesy
    Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.

  • Anti-Cen
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    High fees = low BTC price


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    April 01, 2018, 02:39:31 PM
     #11
    Quote from: Basmic on April 01, 2018, 02:31:19 PM
    Nothing wrong. I see that bitcoin sales volumes are declining on all exchanges. This means that people do not want to sell their coins at such a low price. Maybe now the statistics of trading cheat bots. That's a good signal to me. I think this is the bottom and we are waiting for a very rapid recovery of the market.

    Was you that guy that was saying "Buy on the dip" when BTC was last at $18k or was it someone else because we sure
    have a lot of them around here so maybe we are seeing one of them "Signature Campaigns" being used on home turf
    after fake-book kicked the paid troll out.
    Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.

  • AnonBitCoiner
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    April 01, 2018, 02:41:55 PM
    Last edit: April 01, 2018, 04:44:04 PM by AnonBitCoiner
     #12
    Yes.Bitcoin now facing the hardest test.If you want to get profit for your bitcoin you have to hold the bitcoin with patience till this year end.
    In this year end the price of bitcoin will reach any moon.If you hold till that surely you will get profit for that.
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  • Tilbrook007
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    April 01, 2018, 02:51:51 PM
     #13
    Quote from: Anti-Cen on April 01, 2018, 02:39:31 PM
    Quote from: Basmic on April 01, 2018, 02:31:19 PM
    Nothing wrong. I see that bitcoin sales volumes are declining on all exchanges. This means that people do not want to sell their coins at such a low price. Maybe now the statistics of trading cheat bots. That's a good signal to me. I think this is the bottom and we are waiting for a very rapid recovery of the market.

    Was you that guy that was saying "Buy on the dip" when BTC was last at $18k or was it someone else because we sure
    have a lot of them around here so maybe we are seeing one of them "Signature Campaigns" being used on home turf
    after fake-book kicked the paid troll out.

    Not me bitch

  • Tilbrook007
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    April 01, 2018, 02:53:54 PM
     #14
    Quote from: Anti-Cen on April 01, 2018, 02:36:03 PM
    I trust maths myself and if you plot on a graph the price from when miners were allowed by the
    dis-functional development team here increase fees to $55 per transaction then you will see what
    killed bit coin and it's not cheap talk coming out of China or Korea but fees.

    Throw in the Bitcoin lightning network has been uncovered as being nothing more than a scam because
    the hubs are mini-banks and you should had been moving towards the door month ago.

    Bitcoin is dyeing of a self inflicted wound and most none addicted gamblers have already left the
    casino, the smell got too much and now we are seeing another increase in ransom-ware like
    WanaCry viruses being used again so tell me, can you guess who's doing it  Cheesy Cheesy Cheesy

    You tell us. Who or what is doing it

  • Mpamaegbu
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    April 01, 2018, 03:05:14 PM
     #15
    Quote from: atlantis123 on March 27, 2018, 06:37:06 AM
    It is unfolding. The Gloom and doom is feeding on itself. Even threads in this Forum have hardcore BTC Fans doubting BTC.
    I hope some good news can break this cycle but I cant see it happening to the end of the year when BTC will most probably be at a low price.
    BTC is facing it hardest test!
    I always suppress a giggle whenever I see such panic posts as this. This same set of noobs also cried to high heaven last year when Bitcoin price became astronomical, calling it a bubble. Now that there is a dip and correction, they are whining and crying like whipping babies. Those who have been in this forum know too well that this is another passing phase in the crypto calendar. Bitcoin isn't going to die in this dip "illness" It's a Phoenix.
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  • Tilbrook007
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    April 01, 2018, 03:13:29 PM
     #16
    Quote from: kingcolex on April 01, 2018, 03:06:59 PM
    Quote from: Mpamaegbu on April 01, 2018, 03:05:14 PM
    I always suppress a giggle whenever I see such panic posts as this. This same set of noobs also cried to high heaven last year when Bitcoin price became astronomical, calling it a bubble. Not that there is a dip and correction, they are whining and crying like whipping babies. Those who have been in this forum know too well that this is another passing phase in the crypto calendar. Bitcoin isn't going to die in this dip "illness" It's a Phoenix.
    Floors are being built and we're seeing a slow build up, just relax and we will see green charts daily soon.

    You need punters to take the market higher: Everyone is gun shy. Maybe the Japanese and Koreans will be your Phoenix
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