Bitcoin Forum

OK, the bear party, FUD-mongering, and printing of all the garbage "TA" charts talking about $3000 is over.

Bitcoin has fully recovered, and although we  may see one more weak attempt by bears (may not even break 10k lol), we are now heading to the moon.

I recently bought some BTC, and it's BTC's turn now to BOOM.

ALSO,
Alt-season is over:

(1) Newbies contributed most to the alt-market
(2) Newbies are no longer that "new" anymore, because they experienced a serious correction.
(3) Newbies will now take profits, and are probably tired of alts, and so will go to Bitcoin, which didn't got down like 60% during the correction.


So it's time for BTC to soar.

Bear party has lasted long enough (2 years, then another month on top of that), and ACCORDING TO HISTORICAL CHARTS, we will see a sure but certain recovery.

Set some buy orders at around 9k-10k (although mostly close to 10k), because you don't want to miss out on this!

Honestly as a somewhat of a newbie, I would've been worried too if I hadn't already experienced my first BTC correction in late December. This was no big deal. People getting worried over nothing.

i got my buys :) now just gonna wait ;)

Eliottists still will say this is the "back to normal" phase.

Or the bull trap. I wish people would take their emotions out of this and just use caution.

this prove another time that sell pressure, even if of great magnitude, is obliterated by investors that want to jump in
the more we are, higer the cliffs we are going to touch

it was really fun to see how people rush to spread fud about a crash when this was just some test of crypto faith and a sale for the sharks to get those cheap bags of coins, glad this is over, back to business :D
Bitcoin is a serious school of hard knocks :)

You invested in bitcoin and you try to convince everyone that you did the right thing. I think you're mistaken. Altcoins will give more growth. Let bitcoin be more stable, but it will grow more slowly. In addition, the existing problems with bitcoin have not been solved yet, the Altocoins in this regard have a much better situation.

That is the only way to learn, some people will drop out of bitcoin after those losses but those that survive will be a lot more strong mentally, in a way it is the survival of the fittest and those that cannot tolerate the movements in the price of bitcoin are going to be unable to make money with bitcoin.

I'm not an Eliottist, but I would say this the "CBOE shorts expiring" phase...

Oh, I totally agree - I am not trying to convince anyone to do anything here actually.

It's just I had 90% of my money in small alts (most of which actually fared OK), and I recently purchased a larger position of BTC, which I think is the right thing to do, since it won't be so easy anymore for alts, due to what I said.

Just relax mate, everything is over right now, i do not think that the price will keep going much more lower than what it touched today. And yes, all those newbies creating Fud in here or just selling their money are just the main reason of this dip.

It is ready to soar high mate and as you said that the fun's already over and these FUD party makers are already done with their craze. They have done their own agenda and they know how to play the market and for small time holder like me, I can't do that much during their party but just to keep silent and hold.

Mate this is a speculations board for bitcoin so expect people here to post about bitcoin. Altcoins does have it's own boards like these two:
https://bitcointalk.org/index.php?board=67.0 and
https://bitcointalk.org/index.php?board=224.0

Well instead of focusing in panicking, I just concentrated on on investing more on my bitcoins buy low and wait for the price to incline again. I know bitcoin has a bubble effect when it suddenly increase that then it has high chance to also go down and after that happens for sure it's gonna get even better and surpass it's current highest price achieved last year. So I am just waiting for a good retyrn on my investments.

yes this is like quiet before storm, from this dips good support had arised and things have started to stabilize, this is quiet uncommon, we have seen this three years back but what happened the price has bounced back, likewise now too we will see a healthier market than ever before.

Most of what you said is fairly accurate but bitcoin has definitely not fully recovered. It's not even close to having done so and is still very much in the woods. Alts are recovering harder than bitcoin which makes some sense and I suspect bitcoin will follow but it's not there yet.

I guess so, but still there are still a lot of problems for BTC that caused it to drop. Not only did the government push for regulation (likely just FUD, since most of the articles about this talks about "government in talks" kind of stuff), but what affected BTC the most is the transaction fees and slow/congested network. People don't really want to pay a $30 transaction fee just to pay for a $2 item.

Honestly every dumper will cry and every hodler will enjoy, ;D I wont sell my bitcoins doesn't matter whatever happens.

The last year hasn't been a bear year!!! It's been a bull year where bitcoin went from $1000 to $20,000.

I don't think BTC will fall to $3000 or even $8000. It will hold above $10,000. But I think it will range trade for a while between $10,000 and $13,000 till some of the underlying problems with fees and transactions are solved.

Fun's never over on the never-ending rollercoaster. Think this is the last buying opportunity? There'll be a few more at least throughout the year, if not even better ones in the coming weeks.

Alt season over? You really underestimate the strength of corporate projects pumping their coins and the crazy amount of new money yet to enter crypto.

P.S. Always a little less fun to read these posts when you realise it's a Jr member talking about newbies. What are we supposed to get from this? That you're a new forum member despite being a veteran Bitcoiner? Highly unlikely. That you're a regular forum user with an alt account in case your expert opinion turns out to be wrong?

Why are you in hurry? Wait for the perfect time again wherein bitcoin will take its high peak again. Just be responsible and hold your bitcoin so you will not regret at the end.

That's how people are. The only thing they care about is chasing quick profits. The majority of the people aren't interested in Bitcoin itself, or lightning network as in offering people a cheaper way of transacting.

They care about merchant adoption because they believe it will increase the price. They care about lightning network because they believe it will increase the price. And this goes up for any aspect of Bitcoin's progress.

But then again, no one is forced to like Bitcoin and it's technical aspects to invest in it. It's called freedom. The only annoying thing is that these are the type of people who will always moan about the market.

They don't have a single clue about how this market works, but yet they talk like they do.

This is how economy making selection ecosystem in the pond. Big Fish that has a broad and strong vision, certainly will not be easily affected by the state of the issue, they will eating little fish. We have to believe crypto currencies as good long investment, the correction has been happen many times in past, but Bitcoin still go thru and break the wall.

They are worried cause anytime or any emergencies can appear before you and you are forced to sell your BTC and thats the problem every user has to sacrifice they will sacrifice the low adjustments and dont profit later. You maybe not experiencing it now but maybe later.

Being inexperience is the reason why the new comers sells their coin.  They get worried and panic sell their holdings.  But they will eventually reaized that they had mad a mistake and make a reentry again which will contribute to the price of bitcoin going up but this time, they know what they are doing.  Aside from that the upcoming update will definitely push bitcoin to another series of ATH.  Let us just wait for this announcement and we can see what I am talking about.

mind you. some newbies are earning more than those of higher ranks. ;) :D ;D :)

I spent 1.5 years with Bitcoin without ever going on a message board or forum. (and bitcointalk wasn't even the first one I signed up on)

I don't think BTC will go 4-digits after January, but there will be buying opportunities. Don't take it out of context - the recent FUD and garbage TA were talking about $5000 or $3000 prices, and telling everyone to panic sell.

yeah same here but i have doubts cause nowadays the fluctuation occured again. I thought it will soar without struggle.  Haha but anyways lets just keep holding perhaps as of now bitcoin has not enough strength to jump again into the another level maybe soon. 

BTC is an overvalued dinosaur. Why do people like bashing alts and glorifying the dinosaur?

Imho, there will be a second wave of falling btc, and on it I have plans to purchase some...

I own a lot of alts, but BTC is market-tested.

BTC is valued at what the market determines it to be, based on stresses.

Did you see how badly alts fared during the correction?

Pity to those who sell their Bitcoins in this dip, all of we were waiting for a bitcoin correction although we were not expecting this serious and intense correction of about more than 50% drop from last ATH but there was a belief of whole loyal bitcoin community that bitcoin will recover it's price soon after a correction and will fly to the next ATH.
May be you are right about the alts because the rapid growth of bitcoin could destroy the market of alts, but still many top rated alts have much potential to grow even along with the bitcoin bull run.

I agree, this is a good buyback moment.
we can get a good entry point right now.

this is all a recurring thing at the beginning of the year in 3 years ago,
what I bought before christmas 2017 still I hold. and it's time to buy again, to enjoy the party at the end of 2018.

yeah i am pretty mad about all those newbies who are coming in here everyday saying that "bitcoin is over " that "bitcoin is dead" "bitcoin is not going up" and bla bla bla.. Anyway, we are here, and we need to understand that they will always spread all their shit in here.

And those newbies keeps shouting that bitcoin will go to $50,000 at the end of the year, are the first out to be shaken and get out of the market immediately.


Well, those newbies will really learn it the expensive way, some of them really bought at the top price, what do you expect from inexperienced traders? And this always happened with bitcoin market is having a correction, newbies, paid schills creating FUD, but when bitcoin recovered and going all-time-highs again, those account will be quiet and you can't hear anymore from them.


Oh well it maybe the case, but I'm sure most of them didn't know what hit them when the market crashes and the only choice they have is to push the sell buttom. Sigh!!!

Honestly, the whales really suck. I thought they would do better than this to at least give us more reasons to buy at even a cheaper value. Seems they can only make noise. I hope the noobs will have the experience now and see the reason why they should not panic. Everyone at a point in time will definitely always have this moment of downtrend to contend with, it takes courage though for the first time to get used to it. Cheers as the bulls take over.

thats right, exactly what newbie did while bitcoin is in the dip. they are all in panic and selling rush their coins into the sharks. i am also waiting that moment to buy some bitcoin ;D because i have more faith in bitcoin, and now i am getting more profits soon after this "test of faith" you mentioning above. ;D

How could you be so sure it's over?
Just manage your money carefully anything that goes up could come down.

This is the mistake of most people. Unfortunately, they only eye the money and quick profits - this has blinded them from seeing the full picture and potential of bitcoin. This has made them misunderstood the way price flows and that bitcoin won't go to the moon immediately. Of course, it's but normal to experience some ups and downs. It's really hard to tell and predict the market but don't be surprised when bitcoin will experience some dips.

There are a lot of brand new investors who, in the short-term, earned much more than veteran investors, simply because they got on the hype train early, and luckily cashed out before the crash (not because they saw it coming, but because they were lucky).

On the other hand, a lot of new investors bought at the top and are now bagholders. There are still those who bought BTC at 19k, or XRP at 3.50, etc.

I don't think so. We're still in danger of falling back if the sell walls @ $11500 and higher aren't eaten up. That just means that the bullish trend had demised and we are slowly being eaten by the bears. It could be that January just proves what kind of month he is for the cryptoworld and everything would (hopefully) return back to being bullish again come February. I don't think that the massive sellout would still continue at a deeper point, given that a lot of investors bought somewhere near the top and wouldn't want to sell at a massive loss. $8000 is a possible bedrock, but then again we're just speculating and the crypto markets always tend to go opposite of what we thought is sensible to happen.

Because most altcoins will not exist at all if it was not because of that dinosaur, most coins are also just a copy of bitcoin with some adaptations and then they call the best coin ever, only a handful of coins have any kind of merit and most of the time those are the coins at the top 10. Also when we take into account that more than 95% of the coins go to zero then it is no wonder that people bash alts.

Nobody is sure. Bitcoin first tested the $10k level on Jan 17th. It bounced back up, and it tried to go below $10k on Jan 23rd. Since then it has been trading above $10k, and if it can survive above $11k for a few more days, it will break upwards. The next few days are crucial.

All these bitcoin moon tards really get on your tits after a while.

They buy a fraction of bitcoin and overnight become investment gurus with a crystal ball telling anyone that will listen to buy now or regret it.

When the price bombs we get the HODL buy the dip crowd circle jerking each other.