Quote from: Silberman on October 12, 2020, 05:28:43 PM

Quote from: Wesleyeric on October 12, 2020, 09:22:39 AM

Sometimes I do notice that bitcoin experience some issues while increasing in value, Bitcoin have increased to $15,000 $20,00. Now we find bitcoin going low, Now I want us to understand no matter how dollar fall it can be as bitcoin, What is the solution of getting this solved?,if bitcoin is Depreciating in value let it not be much, because the falling of bitcoin really scare people away. Would you be happy if you purchase bitcoin worth $15,000 and in the next few months bitcoin is $5,000, would you be happy?. Let look into this and stop deceiving ourselves buy saying we are Investors, Gold investors don’t experience this at all, if bitcoin we go forward then we most know our stand.

There is nothing to solve, you either accept this is the way market moves or you get out of it, this may sound harsh but it is the truth, people somehow think that the markets need to move according to their wishes and if they do not then there is a problem, there is no problem, if you want a less volatile market then trade bonds or gold, but this market as of right now has a huge volatility and your only way to deal with it is to learn how to protect your capital, a very easy way to do is to just reduce the amount of money in each of your trades or investments, this way the mount of money you lose will be smaller, but for some reason you do not seem to want to adapt at all.

BITCOIN smells like a CULT, its ran like a cult, and its marketed like a cult. The deceivers are in charge of all operations. Take CHINA for example, the deceivers talk of 51%, but then change the subject when you say "+67%" of all BTC is mined in CHINA, Mining is how blocks are created, mining decides which transactions go into blocks, with the KYC rules and black-listing, the future will be a place where if your address isn't in a KYC database, then the BTC at that address will be worthless. You will be given a short period to report, then all coins will be considered 'tainted'
Thus BTC doesn't have much of a life, and it certainly isn't 'a long term store of value'

On the GOLD subject, GOLD has never gone to zero in all human history, but ponzis and scams and parabolic rises always revert to zero. It's the nature of mass insanity, tulip, south-east, or east-india company

All of the BTC narrative pushed by the deceivers is based on LIES, there is not a single truth pushed by BTC believers, nada nothing. They deny everything, which makes me think that 99% of the narrative-pushers on this site are 'bots'. You point out the flaws in BITCOIN and the bot algo just say 'hater' when negative sentiment, and 'hodl' when positive sentiment. You ask a serious question, and your told to go to the beginner section, to be re-educated and fed bile.

Moving forward? No, but its clearly running out of steam.

There are dozens of serious problems, but the most serious are these two.

1.) We were told that BTC would make 'out own bank', it turns out that ingress/egress is through coinbase, which is the IRS; This is a dead end for BTC.

2.) We were told that BTC was private; The bitcoin-core refuses to make BTC transactions private, they keep the addresses public, and all history, this is so GOV's can black-list all high-values addresses that don't have proven KYC files attached.

Given 1&2 above, and given the fact that early adopters came to btc for these reasons, then the only reason to stay is to MAKE MONEY, or better said "Ripoff people".