Bitcoin Forum

Are we going to Saturn or will cryptos reach only the moon?

Believe me none of them yet.

The current market is being manipulated with the news, SEC's decisions, ETF stuff and whales playing around. There is lot more to face before we can even launch our rocket into the space mate.

Yes one thing is sure that one day crypto currencies will be reaching moon and Saturn back again but when is the big question and no one is answerable to that yet.

We are 100% in the bear trap right now because this situation is similar to the two weeks ago bitcoin or crypto market where crypto currencies were dumping more than 25% than the ATH rates of current year.

If this is not true then just check all the discussion boards from last two weeks and you will see its all about the bear talks. Ideally whenever the market pulls back itself more than 15% then it is bear trap start point and vice versa is also true for the bull market.

I think we are going to Mars, but the bears are still figuring out the Mars landing mission details and wouldn't let the bulls pilot the spaceship until everything is fine and dandy  :D Bitcoin has the great opportunity to land on Mars before Elon Musk should the bulls take over the market! Woooooooosh to Mars we go! Setting course to new ATH and Mars exploration in 2020! All on board!

https://31.cdn.bit2host.eu/wp-content/uploads/2016/12/nasa-petitioned-create-bitcoin-wallets-trading-mars.jpg

In my observation, cryptos are still on bear trap that we could hardly predict when will the bull market to take place. I think none of the two either Saturn and the moon where cryptos had went through as crypto market is still in the development stage were there has been delayed due to this bear market scenario. However, once's SEC will approve it's decision regarding on the ETF issue, I would say that bear market will end immediately giving way to the bull market that everybody has been expecting.

I'd give it up on the ETF nonsense and just wait until bitcoin has a more stable outlook in general. There needs to be more stability before it can rise again. This is how it always happens: big rocket ship up, run out of fuel, drift around in space for a while, everyone gets confused. Then what's next? Well we need a real, concrete, fundamental reason to keep going. ETF is not that, it is just speculative. It's another vehicle for hot money to come in and out. Then we need something that will make bitcoin useful for people. Easily accessible and exchangeable

Sorry for that mate as of now our skyrocket can't going to the moon there are many obstacles in our spaceship before landing to the moon, there is ETF implemented and also whales trying to manipulate market price. I think it is a bull trap for us there are many rumors here that at this month bitcoin price was down a lot. But the thing we expected at the month of December for sure bitcoin will go to the moon. Hopefully.

We are going there. We just have to wait for thing to set up right. Crypto is currently resting and everyone knows that it will shoot up someday.

You should put what price do you think that those traps are going to be. But right now its still up on the open and could probably another bull trap for all we know. If we see the price goes along the $6600-$6800 in the next 48 hours then for me its another bull trap. We have seen this kind of bull traps this year alone that's why I still try to be cautious. The ETF delay has somewhat subsides as of the moment, but I a bit worried that the price shoots up from <$6K to $6300-$6400 in the last 36 hours, if this trend continues then I have a feeling that someone is setting a big trap again, in my opinion.

What do you think after looking at the current situation mate! We are having the most troublesome year ever and going in the wrong direction currently. The bear trap is not letting the crypto to go upwards at all, all the time there is some sort of pulling over the crypto and this force is always down the line. I think we are in bear all the time and as long as we dont break the chains above 10K USD rates we are not going to see any sunrise again. It is useless to ask the question whether we are in bear or bull because know this, we went into bear since the day we touched 19.5K USD and then never came near to it.

It seems to me that the problem of cryptocurrencies is that everyone wants a quick profit. In fact, few people share the idea of a free economy "blood" which should be cryptocurrency. This is the main reason that the price of bitcoin can not recover. Price increases are just a bonus. The main task is to escape from the control of banks and governments.

Just wait and hope the crypto will going up,the market doesn't shown the positif market from januari :(

What are you thinking is what it will bring you. If you want crypto to the moon you better stop spreading negative news or negative vibes to other people. Maybe in the next couple of years we are not only going Saturn but to Pluto itself.

Time will tell.I hope we can still go to Saturn after the Moon.All the news around favorably affect the achievement of this goal.

for bitcoin is is neither one of them it is mostly consolidation state and we are currently in an uncertainty state where investors are mostly unsure about what to do. on hand they see the price staying at the bottom and not going any lower than $6k but on the other hand they are bombarded with FUD telling them bitcoin is falling and also the bullshit ETF news that comes at them from all sides.
it will take time but it will be over.

for altcoins we are still in a solid bear market and every recovery that you see is just a dead cat bounce and a bull trap while day traders make money from it.

Not like that, see how successful bitcoin takes time? bitcoin takes more than 7 years to make it the most sought after and known cryptocurrency

You can see that this period of bear market is very clear, you can see that bitcoin prices are constantly falling sharply in the past few days and has led to the price of altcoin is very strong and can not afford. will recover when the market capitalization is only $ 200 billion. The bitcoin price has hit the $ 20000 mark and the market capitalization is $ 800 billion, so I believe that you should stay out of the market and wait for bitcoin to return.

Yes, I agree that the concentration on money profits is slowing the growth in a way. It looks the opposite at first, actually, because when more people believe the prices will increase, the more people invest in btc, thus really causing the prices to go up. But as profit is the main motive to buy some coins, when some minor bad things happen, these people are not willing to risk their 'real' money, so they pull the funds back, crashing the price for no rational reason, like we see now. I think that it is more important to hold btc not because of the profits from trading for fiat, but because of being in favor of the self-regulating market and believing that cryptos are the future of money itself.

Certainly so, the angle I'm looking at is to the moon and this will take most investors by surprise. I can't bet my cash on bearish at this moment because the market has been down since this year. I guess I'm on the speculative

The mass doesn't give a damn about self regulating markets or decentralization, neither do they believe crypto is the future of money. In other words, there is nothing other than speculation giving them the incentive to be here. Seriously, the entire crypto market has been flooded with idiots after Ether's money printing machine kept spitting out rubbish tokens.

Before Ether's ICO rise there were plenty of noobs as well, but in no shape or form do these noobs come close to how stupid the >2017 token noobs are.

This isn't a bull trap or bear trap. IMO we are in the accumulation/boring phase before the next big pump in the price before the ETF news begin to pup-up again and hype increases towards the next SEC announcement about the ETF. Hopefully, momentum will catch up so that we can break the 8.5k barrier.

The small spike in the price from yesterday might've been a whale trying to trigger a weekend btc pump, although the bearish trend surrounding the altcoin market is far from over so this might actually be a bull trap.

Moon in the short-term, Saturn in the long-term  ;D

All need more time and clear strategies. Because that can be an opportunity and also a pitfall for investors. Investors should therefore be careful to avoid bad things. Should consider the situation before the market changes, the main goal is to achieve goals and good results.

Even though it is a trap or it is a moon we should support bitcoin and we cannot just relay in the idea that the bull is coming we should still use bitcoin for the idea of it and not just the value of it. All in all I've just wanted that people would still believe in bitcoin even if the bull is not coming this year. :)

Unfortunately, cryptocurrencies are continuing slashing. While there are no objective reasons to talk about a bearish or bullish trap because the downtrend is still strong and there were not sufficient attempts to change the downtrend. I think it is reasonable to talk about a bearish or bullish trap in case of indefinite situation.
Let us have a look at ETH which is currently about 300$. ETH is in the downtrend now so let us suppose that it may being formed a bearish trap around the current price level. Is is possible? I do not think so because bears are mostly professionals and they do not have reasons to form a bearish trap because retail investors almost do not open short positions. Well, lets us suppose that it may being formed a bullish trap and it is much more likely but I do not think so because there were not strong boughts recently which might involve enough new investors to catch them in a trap. So, I consider that in the current market situation there are no reasons to think or to talk about traps.

I feel we need more time to let all this hype and media buzz over the ETF die down.  We need to realize this is  along race and there is no need to rush into anything.  I think we are going to have a bumpy 2018 but a wild ride in 2019-2020.

Not all coins are losing value. There's a huge increase in Bitcoin dominance while altcoins are losing a lot of value, mainly the former big players like ETH and XRP. I think that the price of Bitcoin is largely manipulated right now but at the same time many people have a much greater confidence in it than they have in other coins. They know that Bitcoin will initiate the next bull run and be the first to go into green.

Patience is the key for what you have been waiting for in a long time. Bitcoin will reach that planet and even stars with a million miles away but it will going to happen someday and not yet today. As of today bitcoin will have to reach the moon since it hasn't have a power yet to boost through to the moon. So, i would say that this month is a bear season.

market manipulation is something we will continue to see, the weekend crash was purely the activity of 'friends' of big institutions making sure bitcoins are sunk in bears so that they maximize their profit when eventually the bitcoin ETF kicks off.

The market has opted users the choice of accumulating as much possible, as the price of each and every digital currency has fallen low and some has gone beyond limits which could've never been a expected thing. Overcoming the panic waves will lead to massive growth profiting long term.

Yeah you're right, it's a noob trap. It's for all of those impatient investors who are trying to turn their savings account into a Ferrari and are getting disappointed because it's not happening as quickly as it did last time. Well guys, any reasonable investment takes a long time to reach acceptable levels of profitability, so let's just hold on tight and be patient. There doesn't necessarily need to be anything exciting happening this month, or even this year, to mean that Bitcoin is finished. It will find its way back up in due time, and hopefully get enough momentum to get past 8.5 so we can see continuing gains.

Right now the market is not so bearish and not bullish as well. We had this rising trend in the market few weeks ago and the price had risen up to more than $8000. It was thought as the start of the boom but it the prices dropped again. The fall is considered a momentary one and that the market will again take the pace to recover and improve. As soon as we get close to December, we will start witnessing a rise in the whole market.

When more people are into buying at dips, I guess we would not have experienced the low below $6000 levels. I am expecting the bear trap as market remains calm and high volume which may lead to another bounce back toward $7000 levels and then to previous short term high levels of $8200 also possible if sustaining at current levels persist.

Bitcoin can achieve and reach at any highest possible place as we have seen its potential and strength especially in 2017. Experts and analysts are taking it more precious this time as they say that it can reach higher than 30k US dollar price. We are also waiting for that moment as we have collected some coins and those who have larger in quantity will enjoy it the most.

I think it is not bull trap because it failed because of etf news. But if etf would be acceppted there would still be such crash after some time.

Should the cryptocurrency going to there?

Too much has happened in this year that came to cryptocurrency. So that, I don't have more expectation for cryptocurrency going to the moon or cryptocurrency going to saturn. Just focus on today and get used to collecting as much bitcoin or altcoin as I can. And I never sell them whatever happens, either it has a drastic decline but I have another considerations when the price of bitcoin has increased dramatically and so I will sold half that I have. If that's all I do, I won't have any anxiety about price movements.

Its hard to make prediction in market condition right now. If we believe that investing our money in crypto is profitable, better we keep it patient and hold it as long we can. I am believe cryptocurrency will be big market and profitable investment

Market is unpredictable...a lot of issues confronting the crypto market, the issues on Banned and the most critical concerns is the government Regulation on crypto digital transaction, this issue affect the  market value of crypto coins.. it may goes up and goes down dependent on the Volume of investment madte by the investors in the crypto market.

No one is going anywhere. This is a sad reality that everyone need to face. This is really hard to imagine as of now. Everytime i see the exchanges with all the red markings, this makes me dizzy. I always see this tagline "hold" "hodl", "going to the moon", but is this really matters now? I am not sure if its worth holding some tokens and bitcoin. Im really lossing bigtime right now. Why those who have so many still keep on manipulating the smaller and the less, is this is their way to gain? Not so fair.

Indeed, I concur that the fixation on cash benefits is moderating the development as it were. It looks the inverse at first, really, in light of the fact that when more individuals trust the costs will build, the more individuals put resources into btc, in this way truly making the costs go up. Be that as it may, as benefit is the principle intention to get a few coins, when some minor awful things happen, these individuals are not willing to chance their 'genuine' cash, so they pull the assets back, smashing the cost for no sane reason, similar to we see now. I surmise that it is more vital to hold btc not on account of the benefits from exchanging for fiat, but since of being supportive of the automatic market and trusting that cryptos are simply the fate of cash.

We will have to wait some time for the next bull market. I think buying BTC on that $6.000 level is a way to go.

I think we are looking at a bull future. It is quite obvious that prices always go down a bit before going up. It never goes straight up and up, it draws back a little and shoots high. For that to happen we need to get the losses and drops in order to get the highs. Like Warren Buffet says, be courages when others are afraid and be afraid when others are courages. You need to just be patient and wait for the bull which is around the corner. If you sell or lose your patience in bad markets, you will never stay alive until the bull market days.

How a crash will be possible if bitcoin etf will get approved ? I believe, if etf will be approved then bitcoin will have values around $25k in one week of trading and there will not be any possibility for crashes till $60k levels. Yes, the funds from the institutions and hedging houses may enable bitcoin to touch the moon.

I think we're coming on a bull market (IMO), just a little time that we expected the price will pump and I guess it will happen soon.
As I have noticed when the SEC announced about the ETF implementation the price begun the to bump in the market but the whales trying to manipulate the market and maintain to dump. Hopefully, as soon as possible it will back the price pump soon.

I think bitcoin will only reach the moon. The planet describes it all. Gloomy, mysterious, and dark (Only it is bright to us because we only want to see bright things, but the reality is that it is backed up by the sun). I doubt it will manage to reach Saturn. So, let it go to the moon first, and afterwards, we will discuss our next plan to heading to Saturn. But I hope the governments and big whales allow us to because easy things tend to be hard to negotiate with.

various speculations until whales manipulation has accompanied crypto travel throughout 2018, and prices that are not yet stable and show a significant increase. can not decide at this time, but at the end of the year there is a chance that crypto will rise to another month.

Current market condition still not stable. Market drop below to $250billion market cap. Its hard for anybody involve in cryptocurrency but i am believe market will recovery. Most investor waiting on ETF approval and if ETF approved, i am believe crypto market will rising again

There was a bear trap on when market price for most of the crypto fall down. After that there is a sign that bull market will going to happen. As of this moment crypto market price is not that expensive and is still considered cheap. And the good thing here is that buying more crypto will help us get more profit when bull market runs.

For now it was a bear trap if you look at the market some of the coins are in dump price.
Maybe it will bull trap in this coming september or in december so we need to wait a little more and be calm always.

i am  sure that the market will going to rise again because if you see the dump is done and we will see the pump soon sure 100 percent that after aug  the market will go up again and we will see the rise again so buy more now if you dont want to regret soon.

What do you mean by a bull trap? 🤔 we only have bull market and bear market. Bull market is when the market starts rushing up while bear market is when it gets slow and also going down .as for now,  we are in bearish time of the market.

But trust me very soon there will be a rush,  and I will be very sorry for those people that are panicking right now and withdrawing their money due to they are afraid.