Bitcoin Forum

Yep, I think the bitcoin ride is nearing an end now. China was the straw that broke the camel's back

Yes, it's finished. It will go down to 0. It will die for the 1000th time. Better sell everything now and let the diamond hands have it. Because you have weak hands it's obvious.

But don't come back later crying here.

Hilarious,  people are too sentiment with this fall as if they are just witnessing btc fall for the first time, once there is a crash in the market, some people will assume the end of btc has come only for them to come back later and start crying for not buying the dip, such funny characters.  ;D

Indeed, this is too much a bearish market sentiment to continue to be made fun of by saying it will end, I don't know if their mentality is that weak so they continue to talk about badness and the bear market is not the first time this has become history again it will definitely happen.
They are too influenced by FUD so from the bad news of China, Iran, and Elon musk are always being used as the benchmark bitcoin will end even though this is the sentiment of people who keep thinking badly about the market, so I'm just a little funny when there are bitcoin people going to end. LOL

btc is over, if you say bitcoin is finished, please leave here, and never come back again, let us who have the mental steel will stay here, we will continue to survive no matter what, because we are used to experiencing this decline. ''

It's the same thing over and over again after the pump ended. Just like any other assets, extreme negativity always come up hitting you.

Rest assured, this won't be the last one you see.

Wait, this happened before in 2018 right? 20k to 3k in a matter of months. Well, you peeps are right about one thing, that weak hands are to be expected and hopefully not many will be with us once another ATH will occur. I mean this is the best chance we can have again in terms of investing and with this bearish period we will not have any problems at all. So, I suggest to the weak hands to decide, wait for that good paycheck time or sell your coins now. It is your call.

It's lost 85% 5 times at least
My Gox
Silk road bust
Gambling crack down
2017 crash
2021 crash

I would like a definition of "The End"

Technically I suppose it would mean $0 but I would like the OP's definition.

China, I guess the OP is believing that absolutely no mining can take
place on any other country on the planet.

Its a pity that weak hands and non believers cannot realise this.

epends on what you mean by "bitcoin ride is nearing an end".

The end of the bull market? Ehh, maybe, whatever. I really don't mind.

The end of Bitcoin itself? You're delusional.

What end? Why do you people react like this has never had happen before? lol. Trying to spread FUDs? It's like the thousandth time bitcoin has "died". Look at the charts and previous crashes. It always had happened. Bitcoin can't keep on rising. After a bull run the bear market takes place. Prices drop. This is very normal. Nothing new at all. After the crash, we will see the price being little volatile because there are people buying during the crash and then there are people selling due to the crash. Once everything gets back to normal, we will see the price being a little stable, after which a bull run will takes place. The cycle continues.

https://i.imgur.com/2Hnattw.png
https://www.coindesk.com/price/bitcoin

Just taking a look at the chart, we can't assure that it follows a declining trend. Ups and Downs are still evident in the market.

Well, we are still in the middle of the year, some changes may possibly to come in the 3rd quarter where we have been forecasted as a crisis months. I may not be going to believe but who knows exactly and I think it is much better to be prepared while doing it late.

Anyway, whatever happens in the coming days, it is still accepted. Our crypto life still goes on, if we have some money to risk, that will be the best time for us to start.

Yes, Bitcoin is losing its value. And now imagine that those who bought Bitcoin at $60K feels.

Nice fud mate. If we look at the chart, this happens every ath and after this a new ath will be attain before your bear arrives. There is no bear trend if you look closely at the chart.

I don't know about this mate. Yeah, the price is still decreasing and it is even below 35k now. But still we may not be in the bear market. I'm still keeping my hopes up.  ;D  We'll wait and see what will happen in the coming days.

This kind of statement is what usually scares off newbies who are not familiar with fud and how some people use it to their advantage,  agreed,  the market is in a down trend this time but that's not an indication that btc is ending,  newbies will misinterprete your statement assume differently, with your rank you are supposed to be experienced in this market.

Yup, it's already ended long time ago and we're just losing those who are weak hands in here. So leave the market or be a diamond hand hodlers.  ;)



Lol, only zero isn't enough because we'll go in negative like -30,000$ soon just like oil price did previous year.  ;D ;D

No, I don't think the bitcoins ride is nearing to end because as what I am seeing in the market, it is just part of the market correction where the market will still recover. Do you know what's wrong on the peoples mind? It is their patience and believing to the market is very low unlike for the people who are veterans here that are full of experience in the market situation due to their past experiences.

Bitcoin or any other cryptocurrency's ride specially those that has been stable and successful over the years are those whose ride never ends. It may slow down a bit or much at one point but later on, it will accelerate to a speed that even our eyes won't be able to catch. The market will not always go high, there will be instances where downfalls are much expected so that the balance and the stability of the coin will be ensured much more. Instead of complaining, why not try figuring out a way on how you can make profits regardless of what season we are at now.

Maybe over, maybe not. We don't know it yet. Some people say that we are already in the bear market but I still don't think so. The next days will show us the real situation I believe.

I don't think mate.. No ends of the BTC ride. If we think like that it may be loose something from your money. Whales are handling this market with their patterns. Surely BTC comeback to 60k soon.

I don't know why but it isn't surprising if it came from a newbie but coming from an old timer or who spent a lot of time in crypto I think they should already get used to it.
And for OP if I am not mistaken it wasn't China who started or trigger the price drop I think it started with Tesla's announcement of selling some portion of their BTC investment and not accepting BTC anymore,
Or I might also be wrong about it.

I'm so amazed :) when you're not sure why you bought it, and even if you still have it why don't you sell it now. you are so sure with your statement that btc will end, at least you should have a real reason and evidence for it. if only to make the argument and for no apparent reason, I think you just made a nonsense for one small child can say it :) you too weak to grasp the BTC and you should sell now because I still need to add it to my assets

Is "publicly bashing while privately accumilating bitcoin"....... lol ;)

Starting from the question "End" from my perspective this really means discontinuity, stop, over and finish, so some people are biase in certain extent that they portray anything, absolutely if the aim of op is that they will be no longer going to be existence of cryptocurrency mining, i think it's fallacy, and if such is authentic i think it requires more prove.

How many times china had left the crypto market for weaker hands as you said, how many times the market had crashed down, and these questions must be answered by you, it doesn't matter how long the time it will take to reach new ATH,  have you forgotten that it takes up to 4 years form 2017 for btc to reach new ATH.

The ride is not over, the ride will be over when BTC is crashed down, and that can't happen because of the decentralized nature of the system.

Bitcoin surge is yet over, we may wait for days, weeks, months, or even years for the market to recover but I would say, in every Bitcoin dip, new ATH always follows.  The ride.,. it never stops nor over, it just goes down the hill or up the hill but the Bitcoin ride never had a break because the Bitcoin market won't cease to exist.

Believe me. You got me on the first half of your statement. :D

@OP What's over? Bullish run? If so, does it matter? Why not use the opposite trend to buy more? It's a discount for all people to buy now. :)
No time to be in the weak hands now, because this is surely where most newbies fall into their trap only to find out that the rocket is about to take off. :)

^ This previous month of BTC price movement will always make an opposite move. We saw that the chart was created as a V shape on the price, so it will always fluctuate the BTC price opposite when it will have a correction. Definitely right, BTC ride is not yet over and it is impossible that it will have ended. It is an endless ride since there is a lot of investors who believe in BTC price will always go up.
ZERO value? That will never happen. There are a lot of lost BTC that somewhere else wallet and no one will touch them, I don't think it will become zero if we have a law of supply and demand.

Yes it could be over for now but let's wait for it and don't quit it isn't the first time that this happen.
Let it have some rest because the next flight could be much higher and longer than we had.

The same thing has been on the news IIRC on 2016 about China's ban for ICO and now they're on the miners. But what happened to bitcoin? doesn't even care with these FUD and just keep going.

If you think that the ride and bull run is over, that's okay. But it doesn't stop there and even if it goes another round of bearish market, there will be an eventually recovery and bullish time again.

This girl is the author of that comic that accurately depicts the negative sentiment of some bitcoiners.

https://twitter.com/LinaSeiche/status/1398509825714057225?s=19 (https://twitter.com/LinaSeiche/status/1398509825714057225?s=19)

I am sorely missed by OP's negative sentiment. My opinion is that we should not give up bitcoin, if we know why it is the origin of things. Bitcoin is stronger than we think, let's not lose the opportunity because we have a good way to go.

Indeed, Bitcoin is known as an "asset"  with very high volatility.  This kind of dip isn't new.  We have seen this scenario so many times that it looks normal for us.  I also agree that Bitcoin won't have a zero value as long as there are enthusiasts like us.  If Bitcoin goes down, buy and stock more for when it surges (Bitcoin price), those who bought at dip and have patience will reap the reward.

I don't think so. Yes, the market will lose some weight and throw off everyone who has weak hands and nerves that cannot withstand the pressure. For everyone else, this will open up the opportunity to buy all these coins at a low price and after a month rub their hands from the benefits. There were corrections before - then everything recovered and went up. We are still well above the 2017 levels, but for some reason everyone is in a panic.

Chinese people believe China is the center of the world.I don't so I do not care what happens in China.There are a lot of other places where mining can be done and maybe even better than in China so stop complaining of Bitcoin going down.

For me what I see as a problem is the rising difficulty of many coins including Ethereum which I mine and directly convert to Bitcoin every end of the month,the difficulty is still huge while the prices are going down and this shows that there are people who are not quitting and this means we have more believers than disbelievers here.This can also mean a sure 100k for Bitcoin by the end of this year.

Don't be a people who are exist when bitcoin price going up and start make fear to other people when price like this dude. this always happend on bitcoin and there is still many strong holder who had believe bitcoin are greater than this.

Well, I'm just trying not to convince myself that we will be leaving the bullish season but we can't stop it. The major pump had come to an end, and we are now in a downtrend, as sooner or later, we fall down below $30k and I think it is not a big deal for us coz it was still high compared to the previous bear season.

It was good to hear that MANY had overcome their fear and uncertainties. We can never found this before as the majority of the holder will lose their hands and sold in a panic, they are changing now and the become clever as wanted to hold than to sell.