Post
Topic
Board Economics
Re: Why do people keep saying BTC is dead?!
by
tango99
on 23/04/2017, 16:12:01 UTC
Every time, for as long as I remember, that I go on bitcointalk, everyone keeps posting "BTC IS DEAD" "SELL" etc... And then a few Sr/Hero members come and explain how thats wrong.

I just don't get it.

Aren't we used to the price fluctuating by now? Whats with all the crying/moaning about price bubbles, crashing, inflations, Russia, China blablablablablablaaaaa!

Jeez... Do some research before posting, I saw one post which got LOADS of attention, yet the first post was done by paint, with an unlabelled graph which showed wrong data!

This is getting to the point where we are affecting newer members or gullible people into selling/dumping all their coins instead of keeping them. I mean when I come on the forum, I see that its crashing, why would I buy in?

I think we need to stop giving the panicking people attention and focus more on positive sides.
They are just trying to spread rumours and make new investors panic thereby forcing them to sell their bitcoins at very low prices.The big whales who spread the rumours would buy those cheaper bitcoins.

I don't think that people will get panic anymore as they are well aware that even if price drops it will only on a temporary basis and in long run the price will surely increase so I don't think that people will entertain those rumors now and will sell their bitcoins at lower price.

Only those who have recently entered the bitcoin community do this. And those who have long been following the price of bitcoin perfectly understand that bitcoin can not die right now. He at the beginning of his development