Bitcoin Forum

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

I very much hope that what is happening today in the market is temporary, I think that this will ever happen and will not leave cases of such a drop in prices. It is very strange to understand that the crypto-currency market was able to fall so much in price.

This is not the beginning of the end, Crypto hasn't even been totally embraced, its still a new technology that hasn't been accepted completely yet. there are still lots of challenges that will come by and the best that you can do is not to worry.

The fact that this is a new technology makes it worrisome as the mainstream still skeptical to idea of the blockchain and value of Bitcoin. The question is if it is truly worth it? Or the underlying tehcnology was too overvalued by market  bullish sentiments and emptions. I believe this question will remain open until the market stabilizes. The other question is how long it will take the technology to be recognized by the mainstream and the market to be stabilized...

$6K for BTC will be next week because G20 - it will be reversal double bottom pattern

The name of the post looks so poetically that makes to feel connection with historical events ::)
But I think it isn’t worth going in panic. It is just market behavior.

I don't think the dip is over yet. But I am sure that this is not the beginning of the end. Last year was almost the same and we all remember how it ended. So, keep calm and keep going.

It could rise up to $12k or it could fall down to $6k or $3k because these are the levels which has hard support lines.Lets hope there will be some positive outcome to the 620 Summit,hold your bitcoins until further notice has announced hope that it would be positive so that our market will grow further.

Are you kidding me?? Crypto is booming right now with many of the ICOs starting to implement their technology in almost all the industries out there. This is just a preparation for a long bull-run. Keep calm and purchase solid cryptos. I promise you won't regret it.

If it turns out on the G20 that ICO's will be banned somehow and exchanges will be dealt with in terms of transparancy to governments in order to be compliant to tax revenue regulations, then the whole cryptoscene will be in a really really depressed *run forest run* mode with massive cashing out before regulations are active.  And it looks like this will happen.  So no, we haven't seen Mordor yet.  But this cleansing needs to happen because the way things are turning out right now (the amount of scams, ICO-generators (for real??), BS-projects etc. this can't last much longer.  There will be bull runs again one day but I think the wild west will be gone.

Good afternoon! cheer up, i'm sure this is not the end, but the correction may last for several months or even for year. Be patient!
But this is just my opinion and i didnt invest big money in that, so i'm calm.

This is the moment of truth if there will be some positive outcome price of the bitcoin would rise up to $20k again and if its not,expect the worst around $3k that is why most of the investors pulled out their money into the market because of this summit,it will decide the faith of all the cryptocurrencies it could be the start of the crypto dooms day.

I can not know for sure, but I'm sure that bitcoin will not go below 6 thousand. For below, in my opinion, this is already a collapse

Might be the beginning of the end if bitcoin's price are going to fall further.But lets hope that these big players wont allow bitcoin to crash easily because im sure there are some people in this world that cares about decentralized currency,billions of investments would crash if the bitcoin and cryptocurrencies are going to its end.

I think it's possible that we are going on $ 5,000. I do not really want this, but I see that this situation is highly probable

Banks are killing the market.They are trying on every possible way to destroy the BTC. It will be whole year long.I dont think that anything will change this and next month.MAybe in may little push

there is one bright light in crypto (ok two) NUMA is an appreciating monetary unit cryptocurrency not tied to bitcoin and eliminates large % downward volatility. coming late april, it is the next chapter in crypto ( this type of uncrashable crypto will be the future) check wau coin for the first appreciating monetary unit. this technology is a breakthrough only possible with blockchain, but no one knows about it outside of a samll handful of humans

I think good news are trickling in; the US made crypto  laws, and Germany too. I hope they're not false though.  With time countries will begin to "kowtow" to the power of Blockchain, btc and other cryptos.

Sometimes the best thing to do is to not overthink things, if you start looking you will always find reasons for the price of bitcoin to go down and as we have seen this tendency has caused the price of bitcoin to decrease but do not worry bitcoin is not going to be over because of this there is still a long road ahead of us, it is not going to be to keep holding our bitcoin but we must if we want to obtain benefits out of it.

dip will continue but END will never happen..$6,000 is near but $3,000 is too far and for me this will never come,whatever fud and bad news brings would not be enough to bring this great coin down that low.so better post positive words than this that may bring another panic

I don't think that the dip is over, right now bitcoin's price just went below $8K, but immediately regain. But we are not out of the woods. Yes, its gonna be a make or break for us, specially the agreement in G20 this coming Monday. I think this want contributes to the current downtrend.

But I don't know if we are going as low as $3K. The last bottom we got is $58xx-$6K. I think if the G20 doesn't went on our favor, I'm expecting the price go south at around $6K before we can see another bounce because I'm sure that those who have waited to will purchase around that price.

I believe "bears" will go home soon . Community is waiting for a good news from g20 summit , but everything is possible - if they'l decide to ban crypto it will be the beginning of the end , like you said . But personally I don't  think it will happen now .

I think now there is a very strong drawdown that takes place not just. There is enough cause for concern, but I still urge you not to panic.

We never know what will happen. But really in crypto very high level of risks, but and very high opportunities to earn money.

The dip is coming to an end. And the end of everything is still far, far away. Don't be worry, in couple of months everything will be forgotten and the market will be back on track.

This is just a start and a beat for the Crypto world. We do not have to worry about an issue that says that Bitcoin and the crypto world will be destroyed. Because crypto will last as long as Blockchain technology is still used.

Even if G20 allows ICOs and cryptocurrencies, their reputation has been harmed so much by the FUD and months of price drops, it will take years to recover. And then we'll get the next dip, caused by 90% of the ICOs failing to deliver anything worthwhile.

Too bad to say but yes, I guess it's not yet over though I wish (well, we all wish) it won't go that far.
Moreover, I don't see an END to crypto now that it is more known than before, it won't be that easy to happen.

That's exactly what will cause its downfall. Crypto is already well-known, so we can't benefit from the novelty effect. It'd be like selfie sticks, Flappy Bird and fidget spinners.

I think it's just a bump in the road. A bump that looks so big right now, but some days or months later we won't even notice it. Though, let's accept it, it almost tore off the tire...

We should be used to this roller coaster ride in the prices of cryptocurrencies. When you join this trade you should have the nerve to withstand it's volatility. Volatility is the one that creates opportunity to some of us here.

In daily chart look like Bitcoin in the support are and oversold and ready to change to up trend. So in my opinion in a few week the  price of Bitcoin will move around $7500 -$9000 and then going up to $40,000 in the end of this year, this is my prediction.

Citizen-issued cryptocurrencies are dead and will be worthless and banned. Banned in the sense you can't exchange them for fiat through exchanges and if you get caught trading in person you'll be put in a gulag or executed.

We'll be forced to use cryptofiat which will be traced, monitored and taxed. Essentially removing all freedom and privacy.

Welcome to dystopia.

Almost all altcoins do not show much of the increase and progress. But we can expect great variations in the coming months.

This is just temporary as this bearish market will end. It needs balance to survive and the price could not get lower than $6k as more supports are waiting to absorb. Let's not panic and hope for the best of crypto currency. It needs to go down to get a momentum for a bull run.

It sounds bad because G20 is initiated by french finance minister, and he sounds displeased with crypto. but I do not dare to speculate that prices will fall very deep. we wait for april, panic just make us fall.

i think this dip will hit the support floor at 7.2k or 7.5k level, after this we will experience longest consolidation strech  until july or august, and after that we will revisit or surpass the highs. #DYOR :)

If this happen a year before, I could also say that it's just temporary like anyone is saying but the situations have changed. The governments have their eyes on crypto while Facebook and Google banned the ads that gives a negative impression to bitcoin and altcoins so it feels like we are only hoping for a miracle to happen.

I agree with these, such actions of this big companies really gives bad impressions to cryptocurrency. But I think prominent personalities' statement could also bring back bitcoin's reputation as the facebook CEO, Mark Zuckerberg said that he likes the crypto's decentralized system and he wants to study it. But still, we dont just jump in conclusions that this is the end, it is just the first quaryer of the year, we just need to continue supporting.

It is really to say that it is the end or just the beginning of the fall over. The market is really horrible that the price is so low now. But no one know is the price is low enough or has much long time to deep.

This post has nothing to do with positivity or negativity. Instead, it makes the community to discuss the potential outcomes and different scenarios that could happen. This will affect all of us and we have to be ready for any scenario. I am glad we have so many different points of views, but generally I understand the optimism is there which is a good sign.

maybe this is just the beginning? or maybe this is an end? no one can predict it, I was already pessimistic and it seems to want to sell all the altcoin that I have, and do not want to see backwards again.

Before the acceleration, there must be a buffer step. And then, at this point, BIitcoin is one step ahead of its destination. Let's see that is the beginning of all that is ahead. Finish? Are not! Because it can not happen when it represents an advanced and wonderful field!

If you look at the monthly charts we can see that btc is at key level, if the support of 6k fails, and the sma cross of death is confirmed btc can go down to 1k, we've senn in the past hundred of times, in the stock market, forex market and other markets, a stock rallies for some weeks, then all the movement returns to the exact point where it started.

If the movement is going to continue btc should rally again from 6k and could be moving between 6k-12k for some months, but, the energy consumption concern, the regulation, and some kind of bad reputation, and some security issues seems that are not going to help btc to come back to the 20k.

From my point of view, at thecnical point, there's not signals in the chart that btc is going to stop the selloff and going up again, lets see waht happen with the 6k support.

Correct, we already saw 6000 but 3000 is simply impossible to reach we are never going to see the price that low again of that I am very sure, bitcoin is now at 9000 and to go from that price to 3000 will need a 66% crash and we already went through a crash so it is very unlikely will are going to see another one that soon but if we see it then take advantage of it because the price of bitcoin will rise almost immediately.

I personally think we are very far from the beginning of the end. It's just a drop like everyone else. The market will begin to recover, and I think all who have sold their coins will regret about this.  :)