Bitcoin Forum

... total market capitalization will drop to $250,000,000

So there is a long way to go yet!

I suspect that those who entered the market recently, within the last 3 months, I unlikely to ever see a return on their investment. I doubt the market will reach $600,000,000 to $800,000,000 again.

HODL is bad advice. This happens every January is nonsense.

You have been warned.

I totally agree with your prediction. We need to go to bottom for a big jump.
We all experienced this before and experienced investors know where is the bottom.

now we are in deep.. if you do not like sound hodl you can try buy :)

It seems to me that in India and before this statement it was not very good with crypto-currencies, because judging by the fact that we are told about India on TV, there in general everything is very bad and without crypt. I am not surprised

Well,,, at least you are not a newbie account so we can take some points from you. But I think the fear is already happening with those who entered during the highs of December and January, who will most likely sell off a lot in panic, which is part of the big reason the markets are dipping now. The holders already entered much earlier, and probably are just taking this opportunity to hold even more.

You do not have a good point on thinking they will never see a return on investment though. Think back on the years of holders who have nothing but returns. Also, fiat wise, things are not too bad. Your warnings were repeated throughout the years, just look back on the old threads.

I don’t think it’s good idea to panic and sell your coins from cheaper prices. It was so obvious that the increase in last couple of months were not realistic and healthy so people should have known this crash was coming. No matter what it’s better to see this crash as an opportunity to buy some bitcoin or alt coins.

do you think the best solution is we have to jump and sell all portfolio, is that so?

Bitcoin's prices have been falling continuously, and disappointing gains have been disappointing. If I want to take the opportunity to follow suit with the wind, I think they have regretted it. But if it will only rise in a market that will not fall, will it be even more alarming.

I dont agree with you that long way to go util bottom because this crash in bitcoin is because of People are doing panic selling in bitcoin now because they feared with fake news that indian government banned bitcoin and other side south korea also banned Bitcoin. And some big whales active behind this fall so that they can buy bitcoin at lower level. I think bitcoin will recover like rocket at $8000 level as this panic selling stops. And I will also hold my bitcoin and altcoin for good gain.

Can you guess how much the top-10 altcoins and Bitcoin will be when they come to this bottom? I am expecting that the growth and recovering of the market will start in less than a fortnight. Waiting for it so much!

You mean the market will come down this time about 3 months? I think it's too much. Maybe 1 months and grown again.

as different customs on plan for investors to work with distinct of plan within the terms, investors to manage with the details as preparing use as entering table to begins with new position with the trading,
to collects returns and following with the excess of works with evaluation to collects with returns of completion.

Yes some fake news are wondering in the market which is making bitcoin price to dump but I think that the investors knew about it and therefore they will not let the bitcoin price to dump any more. We can hope that bitcoin price will recover its previous price soon, and will even continue increasing its price for a long time.

Some alts are still traveling down to its bottom like Bitcoin Cash. Not sure if Bitcoin is also planning to go down more. But I believe   their might be some fakeouts. But it will surely pump in a couple of days.

It's all speculation, and sadly we don't decide where it's headed.
Still, I hope, and I believe that we already reached the bottom of the year. 350 billion.

It's hard to not get emotional when the market fluctuates this much.
Stay strong everyone, we're in this together.

If hold is the bad advice now I think not.
Holding what you earn does not mean you will in big lose but. t depends on what coin you are holding on.

Well said. I hope it is at the bottom too, as I think we all do, but I believe it is going to crash a bit more before this all stops. I thought we were done crashing like 2 weeks ago and now this storm has arrived. It seems like every week brings more FUD and announcements from governments bringing the market to a crash. We are in this together and I agree we all must stay strong and definitely not panic sell.

I don't think so but what you said is really sensible for new altcoins. If we are talking about coins like BTC, ETh NEO, EOs, MOnero and Cardano, then definitely there will be a season where all of this will reach a peak again just like what happened last year. It is not farfetched to expect all of these to peak sine that's a natural trend.

The cuts have been deep.  With all the bad press and FUD I cant see it recovering any time soon,  I just picked 3 to 5 coins and invested in them only this should help me recover faster

If you bought bitcoin at the price from the middle of December and you did not sell it last January,like me you already in a worry and something on your mind saying that you may sell it to be able to break even your investment , but the best thing to do it is just hold and wait. i did some research and found out that last year same month has a big change to its value.

sorry but I completely disagree. Blockchain technology is here to stay whether you believe or not. As much as you think money is flowing out of the market more and more companies are entering the space (i.e. Samsung). Prices will follow. Yes a correction is necessary but dont be ignorant and say the market will never rebound because it will.

Let's think about this for a minute. Historically, bitcoin (and other cryptos-though not all) has always rebounded and surpassed it's previous all time high. All you have to do is look at the historical data. I don't think there is currently a whole lot of evidence that makes the future any different. I suspect it will eventually exceed 19k again-though I don't know when. Maybe it will be this year, maybe next-who knows?

I think the market will remain with some uncertainty for some time, but the money never sleeps and very soon big capitals will come back to play the pump and dump game that speculators love so much. Unfortunately, everyone is turning aside all the great potential that cryptocurrencies have to revolutionize the world economy, because people are only focusing on the financial aspect of the market.

I really agree, because with the fall of this price will make the whole bitcoiner develop, because that's where science and experience are created.
there is no decrease no increase, all need a process to develop

Thanks for the warning! I tend to think this is gonna be a slow drain here for a whileand then at some point, who knows when, theres going to be a more intelligent breakaway and a few solid alts that actually are making progress will start rising again

You should return the crystal ball back to where you bought it and request a refund. 

im drowned in dip,so theres no turning back for me,since i hold my bitcoin until now when i loss almost half of my capitan..just pray for us who trusted bitcoin this far im just lucky that i invested offline business so even that red turns everywhere here,i still have funds to live my life,unlucky to those who rely their life here,i dont know what will be the decision making for them.

Bitcoin prices continue to fall, It is clear that the increase in the last few months is unrealistic and healthy so people should know that this accident will happen soon. No matter what better to see this accident as an opportunity to buy some bitcoin or alt coins.

Yes, Its a long way to go until we reach the bottom. But of course we dont know what price is the bottom is. So if you cant hold you might as well buy the correction little by little so you would not have regrets when the market is up again.

OP we can predict anything in crypto but to do that i think constructive post only is counted here in the forum so no need to predict bad,and for me since i start here the price of btc is still high so even it's go low it's good.We need to think where we can earn or achieve here so we need to help each other how to do that.

We met similar situation some times before. I suppose that the market will be stabilized and its growth will start inevitably. BTC is about 50% of the market. So whole tendency depend of Bitcoin.

I believe this is what they call the "capitulation" phase

The question is more in line with who will survive after the first crash than if crypto currency will be in use or not in any industry.

Every time someone writes these messages. Of course, I will listen to you and will all sell.

Be patient enough and wait for the moment the price comes back to increase. This way, you will be able to gain good reward in the later part usually for having long term investment. For now, prices of all altcoins are quite volatile but that is merely temporary wherein I guess this might be a good chance to buy altcoins these days as this is still at its lower price.

Well people have been saying this all the time. The end for bitcoin, the bubble will blow, etc. Well to many of us who has been in crypto for not that long but has understood how the cryptoworld moves, we don't sell. Selling is for the weak. The sharks release these kind of messages so that weak hands will sell and they can buy low. For sure during the high times they sold a large part of their investment so they can buy so much at a lower price. The bitcoin can recover and it will happen soon.

The easiest and maybe best solution for light investors is still HODL. The market maybe drop further, but much less likely than it jumping back to 500 billions.

This is what we can do for now is to hold. If you had bought bitcoin from ath price then selling today is not a good idea. We experience this always the market has dumped over of the price that we didnt expect. If selling expect of lose so Hodl for me is good.

It's easy to HODL when you don't want fiat. Fiat is the ultimate risk, I'll take my chances HODL'ing crypto

I would have to agree that we should have to hold the altcoins for now and better leave it that way for sometime. Need to closely monitor the price trend while waiting for the rise back of prices and I guess this could be an opportunity in buying altcoins since it is low for now. I am very optimistic that it will soon have a great impact in the market price for just being patient to be able to gain the profit we long for.

I totally agree with your prediction. We need to go to bottom for a big jump.

If you're in crypto for quick profits then by all means panic sell during a time like this, the rest of us will gladly take your money.

Thanks for warning for this.
The total world marketcap now is around 400 billion, so if you think it will be 250 billion then the price will be droping again around 50%. Its very sad.
But may i know what analysis do you use to see the marketcap run? Why is it going to go to 250 billion marketcap?

when we make an investment we have to think up and profit but if we calculate with it here maybe we never know when the price will go up as does the wind when it comes and not so this is only an estimate.

Thanks for the heads up, was really thinking of HODL on my investments. I think I'll go into looking for other coins to invest on. But being an optimist, i would really like to see the market go up again and i feel that it will definitely go up again. Right now, politics play a huge role on the market and I'm not saying that it will definitely go up, maybe it will freefall but hey that is my hope. But for me, I'll HODL for a little while more. I'm playing the long game

Tgare is no basis on this, and sadly we don't decide what gonna happen. But still, I hope  that we already reached the bottom of the year. It's hard to not get emotional when the market fluctuates this much. Stay strong everyone, we're in this together.

Thank you for sharing, but I am an optimist, I am think the market may rebound in the near future, of course, many coins will fall more, but those good coins will be developed well. Because 2018 will be  more and more countries to develop blockchain.

It is true, Now naturally the price of coins drastically dropped. It may be very reasonable for each market to price up and down. But look at it later it will recover but need a process, not directly rise drastically.

Interesting opinion, I might hold off buying more even at these discounted prices now until it hits those bottoms that you speak of. The million (or 500 billion) dollar question now is, when exactly will it start to recover again??

There is no way to predict the final outcome. This huge ups and down of BTC capitralization cannot really go on forever, with each time with the capitalization multiplied 10X. One time will it fail. I don't think it will be this time, but you never know.

hope we will not go much lower, maybe 7400 will be bottom

His crystal ball told him so, according to Soke above. I also like Keihatsu's signature: "faith in authority is the enemy of the truth" - too bad we can only take his advice on faith, as he provided no reasoning (let alone evidence) for what he claims will happen (and probably won't).

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Even BitMain is starting to give up on BCH: https://mobile.twitter.com/BITMAINtech/status/959366387574628354 (https://mobile.twitter.com/BITMAINtech/status/959366387574628354). :D

Its better to hold your coins for while and you can sell it once there is a increasing in the market for that you should make a close monitor of the market to predict the right time. Cryptocurrency value is unpredictable so dont get panic and dont sell your coins in hurry burry

The most recent week was a very frustrating week as bitcoin continued to fall, causing other cottage coins to continue to fall, reducing my assets by 40%

There's no return unless they sold before the dip has come. I had friends who recently invested to bitcoin above $10,000 and still they reckon that they entered the wrong window but they are calmly holding.

Bad advice? So for those who bought when price are quite expensive, selling it now is a good advice? Take time to realize what you're saying. Hold is the best advice on these times.

There are people who are commenting this way, who are you?

With the rise and hype that happened in December there is a lot of bag holders and it will be hard to go back up anytime soon.

It is non sense if you took this advice specially if you invest it for long term. $600,000,000 market is so small if you think of the money in the market all over the world. Not to mention that blockchain technology are now embracing by the capitalist and now joined the race before they get left behind.

Why is the Altocoin coin much red anymore? whether this might make sense in the trade, when seen the graph must appear from up and down. But I am sure that the future will continue to increase. I'm sure of that.

The best option we can do is to be alert and vigillant,most of the FUDs are being created by these big players so we need to think and act fast,best thing to do is to get out in most of the alts and stick with USD pair for now.

selling now would make you loss some or more of your money. better have patience and hold as long as you can. new investor this last months are going out and because of this bad news everywhere crypto are affected.

You can always hold for the long term. Forget about them, at least for a couple years.

I believe it's a very long way down but also the long way up.
There are many speculations here and there, analysts or not nobody sees the future.
All I did this time is to enjoy the ride because having a good full-time job is is a blessing and an advantage so I can hold my coins as long as I could because my monthly salary can support my family's daily needs and for me there's no point to rush and I'm not a panic seller so I think I'm doing the right choice all this time.

If this goes on, I would not be surprised if the total capitalization of the crypto-currency market falls below $ 100 billion.
The best tactic now is to go to the fiat and wait for the reversal.

Emotions are hard to describe. Every day I look forward to the market better but it seems to go against my wishes. It is sad to see the investment decreases.

Some fake news are interested in the market, which makes the price of bitcoins fall off, but I think that investors knew about this, and therefore they will no longer allow the price of bitcoins. We can hope that the price of bitcoins will soon restore the previous price and even continue to increase its price for a long time.

Are your forecasts based on a survey of capitalization for 2017? It's hard for me to agree, let's see what awaits us this February.

That's exactly the kind of fall and the truth is every year so we keep patience and buy the coins again in order to profit in the future.

The January drops are not some figments of imagination, try and do a little chart covering the past 4 years and you will plainly see it. The negative press stories have helped this along and I trust the media to do honest stories as far as I can throw them. I think we still have a challenging month ahead and then a rapid improvement from March onwards. Held all my positions and patiently waiting for the next move.

The thing is.. you can find posts like this all throughout the BCT forum history.. back in 2011.. 2013.. even 2016. Perhaps it is a long way to the bottom, but today is not that day.

I do really hope that we will see greener pastures once again. It has been like an eternity that we have been seeing all this red. When do you think cryptos will bounce back once again?

The rule always works in the market: if panic is beginning, it means it's time to buy. This is true when the market is growing strongly and when the market falls. I think the moment for buying will come soon. Remember what some people said when bitcoin was 19,000. They said that later it would be 20,000, then 50,000, and even 100,000 usd. In the results, the market fell. Now they will say that bitcoin will drop to 5000, then to 3000, then to 1000. So it will be time to buy)

if you can hodl what you have then hodl if not you might as well not look on your portfolio so you would not see it crashing or if you have extra money with you its time to accumulate more coins while the price is cheap. So you would not have regrets when the market reverse again.

I totally agree with this, the fear will always be there if you continuously thinking about the price movement especially if you're new to this kind of thing like the volatility is insanely high that it could drop to zero lol. You could say that I'm saying this because I am not a big investor but if I were the op,  I would just forget this thing and would go back after a few years to know if I really wasted my money

Those assumptions is just a normal thing on this b=very speculative market this is why people or the community would really tell anytime on prices on which they do assume where it would land. Going to the possible bottom is yet unknown and anytime we might able to see a rebound into the market and as a trader or investor we should really know on how to get in or do have a good price action skills.

...and sometimes the way to the bottom goes through a revisiting of some higher prices known as the BULLTRAP. :)
Of course you never know it is a bulltrap until the price collapses again...

Wait a few weeks and you will see the market goes up . It takes 1,5 months to dump to this dips , but market grows much faster . It can take only a few days to pump capitalisation to it's previous value , all we need is a good news .... a lot of good news  :)

Yes, people and whales deduced a lot of money from cryptocurrency. However, the same situation is in the banking sector. Always at the beginning of the year, people take away part of their deposits and this happens year after year. This is a regularity. It's just that in the banking sector such a withdrawal of money from circulation is not visible to anybody, except for bank employees. And on the cryptocurrency exchange it is visible to all. And panic begins. Nothing new.

I hope that the price bottom of bitcoin has already passed, bitcoin is now marking a mark at around $ 8,500, slowly rising in its value. If a network of lightning or a phantom were successfully introduced into it, then its rise would be much faster and it would very soon restore its lost popularity. While we wait for the beginning of March, when the Chinese New Year holidays will end and, already tradition has been born, only from this time bitcoin will start to rise actively in the price.

Really!!, so you think holding is a bad advice right? Well in my opinion it is the best option to hodl on to your coins now! Apart from others saying that, market drops every January, crypto market has always been lie this. Everything keeps on fluctuating. This even happens in the stock market exchange. Fluctuations are a normal happening. My advice is that, even if anyone has invested and thinks he has lost his money, the person can keep that investment (don't sell with minimum loss, because price will rise again), and ten start a new trading with current price. It might amaze you that you'll regain your investment within some few days and that amount you invested will be a huge bonus for you. Just yesterday alone, Bitcoin rose to trade around $9000 which is not a bad news. For market capitalization, it will rise again and by that time all those who invested and HODL to make it attractive and cause it to rise will once again be the huge beneficiaries.

I doubt market dropping below what we saw in last two weeks and it is the bottom. Yes may be we will touch the bottom again but will not go below that on my point of view.

We are already at the bottom, so we are waiting for a general increase, and there, as it is said, it becomes clear who has hit this recession most, and to whom, on the contrary, has benefited. In general, very little time has lagged behind.

I do totally agree with your opinion. BTC and Altr price increase in last couple of months were not realistic.every week brings more FUD and announcements from governments bringing the market to a crash. We are in this together and I agree we all must stay strong and definitely not panic sell.We need to think where we can earn or achieve here so we need to help each other how to do that.

We can not say particularly whether it is a bottom or top in any market. Because its a on going process. But, in the crypto market you can consider the cycle is 6 to 9 month or a year for changing of crash and boom. So, while it is going crash almost 50% then begin to invest.

I agree to you, most of the new traders who joined the market recently are on the rush to sell their coins because the value of alts and btc is slowly decreasing. In this days they need to hold their coin longer in order not to lose profit. It was just a bad luck for everyone who invest a huge amount when the value of coins before is very high.

Are you some kind of fortune teller?how would you know it will drop like that or are you a member of whale groups that is manipulation the whole market?How would we survive if we dont HOLD our coins?so are you suggesting to get out from cryptocurrency just to be safe for the market crash?

   Are you sure? You really know that it will go to bottom line....because at this moment  the market are already stepping forward even slowly. Why not warn yourself for being negative mined in crypto? Don't bring others into a hole where you are now. All we have is speculation but we need to think possitive always to have a good future.

Instead of giving holding up, we may take action before the next January. 250M USD market cap seems impossible to me.

For now, the entire cryptocurrency market has turned green again.
Almost all of the tokens have started to rise, especially in bitcoin, which I think hold a long time is always the best choose.

Yep, we are finally in some bullish run now...I expect March will be recovery month. Hopefully in April there will be 800B marketcap again.

sometimes really climb high, you must fall to the very bottom! Crypto currency is not a toy ... you need to clearly understand what kind of business it is and what you want! and do not escape from the ship at the first trouble!

This is a normal reaction to the red market! I also scolded the cryptocurrency market and the "HODL " strategy six months ago, when the market fell even more.
 But then everything was restored and I got a very good profit! Everything will be fine-we must wait! ;)

I think from $163 billion market cap to $250 million speculation downswing is really relatively low, although, there's a very thin chances to make it possible but it is really far from what I've seen in price chart , where it reach to $9.7k and it's a good sign for crypto world, I think HODLING is not a bad advice rather a good attitude that every beholders must posses, only weakened hands will take this advice when big deep is happen.

This is one of the dumbest post posts ever.  There is a long way down and there is any immense way up. Fortunately most people in cryptos are very much aware of FUD.

The deeper the dip will be, the higher it will rise again. It's been a normal scenario of cryptoworld and those who panic sell will even make the dip more deeper. For those who also HODL, don't just sit there HODLing your cryptos. It's also the best time to buy more since its price is cheap.

Holding when you are trapped with these altcoins would be the best thing to do,and to not panic over these crashes because they are just temporary market dumps,in just few hours it can rise again like there is nothing happened.This is how volatile our market is,and we need to know how it works so we can adjust in any situation that we have.

I think it's time to think only of the good. Enough already with us of this bearish trend. You need to call bulls. It is necessary to push prices only upwards. So, it's enough to say that bitcoin will only become cheaper. I think that this will not happen

A long way up will mean a long way down. Lot of people already made great investment in our society today and it is very hard to be put down by anything not even government of some countries.

Sad to say but we are already at the bottom and the only way for the coins to go is go up. Currently some altcoins are already pumping together with bitcoin, there are some declines on other altcoins but very deep.

Though with the prevailing situation, the Bitcoin crash appear seemingly going a long way truly. But lo! We have witnessed and by passed such experiences in Bitcoin in the recent past years before the price pump until now. Bitcoin is critically struggle and we all know it's predicament. We can however still hold and keep eyes on the steadily going price.

I dont think that it is a long way before we see the bottom. Just have a look at the price right now, we are bouncing from 6,000 US Dollar for now and maybe we are going to see more than 10,000 USD!

Your analisys is superficial and very sort-term sighted. Crypto market is set to grow to great heights, you just need to understand the concept of patience.