Post
Topic
Board Speculation
Re: Say bye to Triple Digits
by
Red-Apple
on 27/03/2017, 13:09:24 UTC
Seems we haven't quite yet left the triple digits behind for good.

and it seems it might still take a while longer before we will.

Aaand we are on 4 digits again.. Cheesy It starts to be quite exhausting to say good bye and hello to the triple digits all the time again and again. Grin
But seriously, there will still be probably some kind of oscillation around 1k btc before the new bottom will move above that level. Good thing is that we could see, that even when there was a thread of hard fork or ETF approval, we didn't get very deep and we can say that $900 is a reall bottom right now. If you compare it with 2014, bitcoin is much more stable than it used to be back in the times. Cool

Some price fluctuation is good for traders. I don't mind it as long as we trend upward. In fact, a slow rise with fluctuation is probably the best scenario.

The recent pumps and dumps of bitcoin it's heaven for experienced traders, because (without no offence to anyone) current market is full of noobs driven by emotions which panic sell with every little price change. And those pro traders, who then buy low are laughing hard. Wink

I have been HODLing my bitcoins for forever, and I never sold, not even when the price dropped to $250ish after having reached $1300. I don't give a damn, I don't sell for price swings up or down.     
But just recently I did sell 25% of my coins and exchanged them for altcoins, because I am getting sick and tired of this blocksize debate, and it's hurting bitcoin.   

If this debate isn't resolved soon, bitcoin will die from it.     
   
And the worst thing is, is that bitcoin core had the responsibility to avoid this debate, and they failed. Yet they still have support of many people, even though they failed the one job they had.
I fully agree, they are ruining bitcoin and letting altcoins getting their marketcap as a result of pour leadership

lol. have you seen bitcoin price history so far!
it has been always like this, the current trend of price going down and having (seemingly) trouble to go back up has been a common thing. the FUD subject changes but the principle stays the same Smiley

the same goes for altcoins, they have always used this opportunity to pump themselves and that is not new either.