Quote from: Mazda17 on August 03, 2018, 04:29:41 PM

Quote from: kofibee12 on July 13, 2018, 01:47:21 PM

I agree with you because a year ago, those that bought bitcoins have not make any loses on their initial deposite. It is only just in few months that bitcoins reduces and almost every trader will be complaining that bitcoins is dead.

Good opinion and I agree with your opinion that a year ago those who bought bitcoin did not make a loss on their initial deposit so they could make a profit but only a few months later bitcoin prices declined and as if the traders and others complained that bitcoin began to decline drastically in terms of price, even many people say bitcoin will die.

This is one of the biggest misconceptions about bitcoin. Everyone seems to think that it can only go one direction--up. But what's wrong with a few corrections? It's gotta come back down from time to time just so it can get ready to go back up again. Those that recognized its future value before it went on that huge bull run last year were lucky enough to get on early. Everyone else is just complaining because they feel bad that they missed out. Or they got on too late and they're sitting on a 50% paper loss, praying that it'll get back up to the previous heights.