Bitcoin Forum

Economy => Speculation => Topic started by: bangjoe on October 19, 2023, 01:23:47 PM



Title: Dump market potential?
Post by: bangjoe on October 19, 2023, 01:23:47 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?


Title: Re: Dump market potential?
Post by: Oshosondy on October 19, 2023, 01:36:04 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
I wish for no war but what if there is war, what makes you think that the price of bitcoin will fall?

Some people will always see something to say about the price of bitcoin not to rise. It is good for you not to think like that because the bull run period is very near. Buy and hold bitcoin is my advise. People should not think about any war but think that the price of bitcoin will increase. I have started to DCA and if the price of bitcoin does not fall below $20000 again, I will buy more bitcoin some weeks to halving.

Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.


Bitcoin’s long-term investors own over 76% of all BTC for the first time (https://bitcointalk.org/index.php?topic=5470908.msg63020715#msg63020715)


Title: Re: Dump market potential?
Post by: Zaguru12 on October 19, 2023, 01:51:28 PM
Any war breaking out will definitely cause major problems and a prolonged one involving major countries wouldn’t be good in the face of the worlds economy, we all pray for peace.

In bitcoin perspective, the first challenge will be the energy crisis that will follow it, we all know how much of an energy needed by miners to able to mining and run there business if it becomes scarce and probably costly we might see an either see an upsurge in price of bitcoin or the reduction of miners (most especially solo miners).

The other thing is in the face of war many will actually be concerned about the currency of each nation, because economic crises like inflation and recession will be face whenever there is war and these are things that actually affect the value of fiat and as such many will be looking to take away there funds away from any fiat currency and pursuing assets that have a great store of value and I think many will push towards bitcoin as they seek solution to devaluation of fiat.

In the meantime the only plausible solution is to hold and accumulate more bitcoin, should the crisis causes any kind of price fall to bitcoin, you continue to hold.


Title: Re: Dump market potential?
Post by: bangjoe on October 19, 2023, 03:29:10 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
I wish for no war but what if there is war, what makes you think that the price of bitcoin will fall?

Some people will always see something to say about the price of bitcoin not to rise. It is good for you not to think like that because the bull run period is very near. Buy and hold bitcoin is my advise. People should not think about any war but think that the price of bitcoin will increase. I have started to DCA and if the price of bitcoin does not fall below $20000 again, I will buy more bitcoin some weeks to halving.

Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.


Bitcoin’s long-term investors own over 76% of all BTC for the first time (https://bitcointalk.org/index.php?topic=5470908.msg63020715#msg63020715)
Yes, the pattern is what if the war occurs, I don't expect it to happen because the impact will be extraordinary.
I did not expect that we should not think about the potential risks that will occur today, unless the assets in Bitcoin are only 10% of the total wealth you have, maybe it will not have a big effect on your wealth, then how they are Store 40% -80% of Bitcoin wealth? ... What we know is that the war will deprecate the economy including risky assets.

For some people who do not get the impact of warfare occurred in their country, and Bitcoin is corrected by Kemabli, it is indeed a golden density that someone can get at that moment, including me.

But I like how you respond to my thoughts, thank you for that. ;)


Title: Re: Dump market potential?
Post by: dumbymamby on October 19, 2023, 03:58:03 PM
There is no need to confuse or feel the dilemmas with the current war situations, the reaction from every country to that war, or others. We do not know what happens later and hope the war does not spread to other countries.

The Bitcoin price will develop bigger at the right time. You do not have to worry about that. Meanwhile, the war is far from your home, so you can focus on accumulating more to prepare for anything that can happen.


Title: Re: Dump market potential?
Post by: taufik123 on October 19, 2023, 05:04:35 PM
Yes, the pattern is what if the war occurs, I don't expect it to happen because the impact will be extraordinary.
I did not expect that we should not think about the potential risks that will occur today, unless the assets in Bitcoin are only 10% of the total wealth you have, maybe it will not have a big effect on your wealth, then how they are Store 40% -80% of Bitcoin wealth? ... What we know is that the war will deprecate the economy including risky assets.
-snip-
The continued war will not be good for everyone, for economic growth, and even crypto is affected because of some of the inflation that is happening and the interest rate hikes that are being made.

The war between Russia and Ukraine even affected the price of Bitcoin or the crypto market, everything decreased.
But gradually it rose again because Bitcoin was also used as a transaction during the war.

Those who have great wealth in Bitcoin will be greatly impacted and it will be a tipping point when prices begin to fall as the war continues.
We all hope of course that the war will end soon and there will be peace.


Title: Re: Dump market potential?
Post by: Falconer on October 19, 2023, 05:45:15 PM
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
Of course there are concerns about the impact of the world situation which is starting to become conducive, but as long as you invest an amount you can afford to lose, then why should you worry too much. If today you can afford to invest only $100k, then don't put more money into it just because you have it. The risk of falling prices due to politics, economics and war cannot be avoided, but the best strategy to grow from this situation is to accumulate for a long-term investment plan.

Have a good risk tolerance and plan things well and thoughtfully. Halving can help the demand and price of bitcoin grow, but FUD can prevent the market from becoming bullish. Even if you don't really want to spread FUD, but discussions like this are just concerns that can likely be considered very bearish.


Title: Re: Dump market potential?
Post by: serjent05 on October 19, 2023, 10:50:45 PM
I think these countries that announce support will be hesitant to involve their country and citizens.  They might send some troops if things escalate but I doubt these countries will declare an all-out war against each other.  Most of these countries can do is to send reinforcement and supplies to a limited extent.  So it is more possible that the only conflict that will heighten is between Israel and the surrounding countries.

There is always a negative effect of war on the economy so the market dump in Bitcoin is possible but I don't think it will go to the extent of a Bitcoin price crash.  If there is, it will be temporary and Bitcoin will recover because there is this other part of the world that continues to do normal activities despite the war on the other side of the world.


Title: Re: Dump market potential?
Post by: jeraldskie11 on October 19, 2023, 11:29:30 PM
Sometimes, when we see the chart as if there is not enough volume to the upside there is bad news that happens afterwards. That's what I usually notice when the market is in the consolidation stage, meaning the market is undecided. Those disasters, can give a negative impression to people that will help us to decide into something like crypto, and it's also true in forex. However, these are not new events so there is not much change in the market. But if this war continues, it is possible that the price of Bitcoin will fall. But for me, I'm very positive that what will happen to Bitcoin is a minor dump, and it won't be the same as before it was volatile so I'm not worried.


Title: Re: Dump market potential?
Post by: hatshepsut93 on October 19, 2023, 11:38:07 PM
We already had a global pandemic that was far worse for Bitcoin than some global tensions, because it actually affected the economy and people's ability to invest. And still Bitcoin performed remarkably well in 2020 and 2021.

And in general there's no strong correlation between Bitcoin price and some global events. Bitcoin changes its price all the time and people try to explain it my looking at the current news, but if you make a historical analysis, you will see that they don't really affect the price.


Title: Re: Dump market potential?
Post by: GreatArkansas on October 20, 2023, 12:45:50 AM
(......)
Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.
This will not happen anymore, that's for my own opinion.
And just in case it happens, Bitcoin will not get affected or it will dump. As you can see, Bitcoin is a worldwide acceptable currency, so I can assume that no dumping effect on it because no one will attack Bitcoin, Bitcoin for sure will be just used by the majority.


Title: Re: Dump market potential?
Post by: arabspaceship123 on October 20, 2023, 02:30:18 AM
The biggest conflict comes when halving's going to occur it's when ppl jump to buy like that's the only way opportunity they’ll have for making profits. If they don’t know what they’re doing with overspending they’ll damage themselves if Bitcoin doesn’t climb.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?


Title: Re: Dump market potential?
Post by: Dave1 on October 20, 2023, 03:23:00 AM
We already had a global pandemic that was far worse for Bitcoin than some global tensions, because it actually affected the economy and people's ability to invest. And still Bitcoin performed remarkably well in 2020 and 2021.

And in general there's no strong correlation between Bitcoin price and some global events. Bitcoin changes its price all the time and people try to explain it my looking at the current news, but if you make a historical analysis, you will see that they don't really affect the price.

This is also what I'm thinking, the global pandemic was worst in my opinion, every country is isolated and the economy suffers and up to this day, some of them haven't recovered yet.

And we are still standing though, bitcoin had it's halving in the pandemic, but it wasn't affected and it's like business as usual for us. So that is already a big test that we passed with flying colours. And then we have the Ukrainian war in the beginning of this year and yet the effects are minimal. So it's ok to be paranoid on the geo-political happenings in the world like war, but I don't think that bitcoin will be affected in general.


Title: Re: Dump market potential?
Post by: NewRanger on October 20, 2023, 04:46:39 AM
The biggest conflict comes when halving's going to occur it's when ppl jump to buy like that's the only way opportunity they’ll have for making profits. If they don’t know what they’re doing with overspending they’ll damage themselves if Bitcoin doesn’t climb.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

There is concern that if they don't buy now, they will miss out on an opportunity. For relevant and common reasons why they come in and buy Bitcoin one of them is when they see the price increase.

If the price of Bitcoin goes down or doesn't experience significant changes after the halving, this could potentially result in losses, but if the price is still reasonable and still worth maintaining, I think this is no problem and there's no need to worry, especially for BTC. For other coins, I think it might be beyond my expectations.

Yes. I also see that this leads as you said above, causing many investors and traders to be very reactive to the halving event, but usually prices rise as demand increases.


Title: Re: Dump market potential?
Post by: Strongkored on October 20, 2023, 05:57:00 AM
I think that support from countries to countries that are at war will not exceed their ability to help and that is only in the form of weapons and food and other countries are very likely not to be directly involved in the war.
However, in my opinion, the wars that occur often make no sense in being linked to Bitcoin because Bitcoin's scale with the global economy is not large, so the fear that is spread among Bitcoin owners is only to take advantage of certain parties. If you believe that Bitcoin will continue to follow its usual four-year cycle then ignore all the news wars but usually the ones who worry about Bitcoin are those who don't own it because those who own Bitcoin will maintain optimism without caring about other people's views about what might happen to Bitcoin because the current war is not as big in scale as imagined and only the media always exaggerates it.


Title: Re: Dump market potential?
Post by: michellee on October 20, 2023, 06:37:13 AM
We can only hope that the war will not impact Bitcoin. However, in reality, war impacts the countries around the war. And if there is an impact on Bitcoin, there may be a downturn but we don't expect the downturn to be too deep.

But we have seen how Bitcoin has traveled so far. We already know that many factors could have caused the decline that occurred in Bitcoin. And maybe there will be another decline later, but it won't be as big as the previous one. But if it happens again, people must be prepared and not panic so the price does not fall further.

The important thing is that if there is another decline, we must prepare ourselves to be able to buy Bitcoin at low prices. Rather than regretting it because we were late in buying Bitcoin, we should remain alert to the situation in the market. And prepare money to buy more Bitcoin.


Title: Re: Dump market potential?
Post by: Yamane_Keto on October 20, 2023, 07:14:12 AM
We cannot base analyzes on something that has not happened, and we cannot predict its effects because we do not know to what extent it may affect the economy and whether its effect on the economy will affect Bitcoin.
Bitcoin did not show high sensitivity to global events and variables, and even these variables were part of the historical pattern of Bitcoin cycles, so Bitcoin is even less affected by events not related to cryptocurrencies.

I read this article a while ago, titled The effect of political and economic uncertainty on the cryptocurrency market, and its summary says:

Quote
find that the cryptocurrency market can serve as a strong hedge against geopolitical risks in most cases, but it could be considered a weak hedge and safe haven against economic policy uncertainty during a bull market.

Our problem is more with economic policy uncertainty during a bull market than with geopolitical risks.

Link of Scientific paper for those who want to read: https://www.sciencedirect.com/science/article/abs/pii/S1544612320301707


Title: Re: Dump market potential?
Post by: Reatim on October 20, 2023, 07:37:47 AM
We can only hope that the war will not impact Bitcoin. However, in reality, war impacts the countries around the war. And if there is an impact on Bitcoin, there may be a downturn but we don't expect the downturn to be too deep.
well , if we understand how helpful Bitcoin is than Fiat or Gold in time of war then price will not down that deep for sure.
though war time will shutdown internet and the phase so this will take time to be used but for holding is better.

Quote
But we have seen how Bitcoin has traveled so far. We already know that many factors could have caused the decline that occurred in Bitcoin. And maybe there will be another decline later, but it won't be as big as the previous one. But if it happens again, people must be prepared and not panic so the price does not fall further.
decline will come as we are heading to Halving day that we already knew the impact, mostly dumped bad before that day or even the exact day,
because the increase will come soon.
Quote
The important thing is that if there is another decline, we must prepare ourselves to be able to buy Bitcoin at low prices. Rather than regretting it because we were late in buying Bitcoin, we should remain alert to the situation in the market. And prepare money to buy more Bitcoin.
right , take the advantage to buy when there is a deep , instead of panicking take that as advantage ..


Title: Re: Dump market potential?
Post by: freedomgo on October 20, 2023, 07:45:54 AM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


Title: Re: Dump market potential?
Post by: Marvell1 on October 20, 2023, 07:55:30 AM
I think that support from countries to countries that are at war will not exceed their ability to help and that is only in the form of weapons and food and other countries are very likely not to be directly involved in the war.
However, in my opinion, the wars that occur often make no sense in being linked to Bitcoin because Bitcoin's scale with the global economy is not large, so the fear that is spread among Bitcoin owners is only to take advantage of certain parties. If you believe that Bitcoin will continue to follow its usual four-year cycle then ignore all the news wars but usually the ones who worry about Bitcoin are those who don't own it because those who own Bitcoin will maintain optimism without caring about other people's views about what might happen to Bitcoin because the current war is not as big in scale as imagined and only the media always exaggerates it.

I think bitcoin is also part of the world economy so if there is a war, just destabilizing the world economy will definitely affect bitcoin. That's just like when the war between Russia and Ukraine broke out, every market panicked and bitcoin was not immune. I still hope the 4-year cycle will repeat, but we need to note that, in previous cycles, we did not encounter crises, wars or inflation like today. So it's hard to be sure that everything will stay the same and nothing will change. Bitcoin is getting bigger and more popular, so to say that it is not tied to the economy is not entirely true.

The current war has not caused too much instability, but with the supporting parties also being strongly divided, I fear the war will spread and become more serious. But let's hope the war ends soon because it brings no benefit to the world.


Title: Re: Dump market potential?
Post by: lombok on October 20, 2023, 12:03:46 PM
I think that support from countries to countries that are at war will not exceed their ability to help and that is only in the form of weapons and food and other countries are very likely not to be directly involved in the war.
However, in my opinion, the wars that occur often make no sense in being linked to Bitcoin because Bitcoin's scale with the global economy is not large, so the fear that is spread among Bitcoin owners is only to take advantage of certain parties. If you believe that Bitcoin will continue to follow its usual four-year cycle then ignore all the news wars but usually the ones who worry about Bitcoin are those who don't own it because those who own Bitcoin will maintain optimism without caring about other people's views about what might happen to Bitcoin because the current war is not as big in scale as imagined and only the media always exaggerates it.

I think bitcoin is also part of the world economy so if there is a war, just destabilizing the world economy will definitely affect bitcoin. That's just like when the war between Russia and Ukraine broke out, every market panicked and bitcoin was not immune. I still hope the 4-year cycle will repeat, but we need to note that, in previous cycles, we did not encounter crises, wars or inflation like today. So it's hard to be sure that everything will stay the same and nothing will change. Bitcoin is getting bigger and more popular, so to say that it is not tied to the economy is not entirely true.

The current war has not caused too much instability, but with the supporting parties also being strongly divided, I fear the war will spread and become more serious. But let's hope the war ends soon because it brings no benefit to the world.

The bigger Bitcoin covers the whole world, the more countries that accept and make rules about Bitcoin, the closer the economic movement of a country or the global market will be to Bitcoin price movements. For now, data related to the economic growth of a country, especially the US, has a big influence on Bitcoin. So war conditions involving a country and also related to America will have a clear influence on Bitcoin.

The best hope for Bitcoin prices to improve is to hope that the war that occurred this time will subside. And world economic growth is also improving, why should we buy bitcoin if things get worse? Maybe this is my rough logic, and investors will abandon Bitcoin if things get worse and choose something that is more beneficial for them to survive.


Title: Re: Dump market potential?
Post by: adultcrypto on October 20, 2023, 12:30:06 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


With the way things are going around the globe, I will not be surprise if Bitcoin becomes a safe option for many investors. The confusion and power tussle in the world is just too much. Bitcoin can truly be a common ground for people who do not want to be in a fix regarding the confusion in the world. While some people are expressing fears as regards the future of Bitcoin, I am very confident that the future is secured and there will not be any major dump if if world war breaks out.


Title: Re: Dump market potential?
Post by: Texac on October 20, 2023, 01:24:02 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.


Title: Re: Dump market potential?
Post by: moneystery on October 20, 2023, 01:33:48 PM
there is no need to worry too much that geo-political and global economic issues will affect the price of bitcoin significantly, it does affect it, but not to the point where the price of bitcoin plummets. bitcoin has gone through the worst phase faced by humanity, namely covid-19, the russian and ukrainian wars, and several other major events, and until now it still stands tall and is still the best digital asset that people choose.

i remain optimistic about the future of bitcoin because history has spoken about how bitcoin has survived until now. maybe in the future the bitcoin market will experience ups and downs and that is normal when a market experiences something like that, but i remain confident that bitcoin will be able to get through that.


Title: Re: Dump market potential?
Post by: onecall123 on October 20, 2023, 02:55:30 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.

This is why patience pays off, and the exciting part comes later.

It's still in the accumulation phase. I'm ready for a bit of boredom because I'm quite convinced that the bull market will happen later. Those who are still thinking in bear market terms might miss out. Sentiment plays a significant role, and all of this can impact the bull market. It's possible that we might experience the longest bear market in Bitcoin's history.


Title: Re: Dump market potential?
Post by: bangjoe on October 20, 2023, 03:56:00 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.

Well, that's right, as usual macroecomy will definitely affect fluctuations in the price of bitcoin which is pastiny will significantly affect Bitcoin, but yes I have a new view that maybe Bitcoin will experience a bullish market delay if the conflict that occurs extends and involves many countries Although today we can conclude that the probability of the widespread conflict is still very small and will not affect Bitcoin but like investors who have caution views will certainly be more aware of conflicts that have the potential to cause crisis.

With the meaning if the conflict occurs the most likely is that we are required to hold Bitcoin longer for Bitcoin cycle investors, but take it easy I still believe that Bitcoin will definitely return to the way, like the previous cycles.


Title: Re: Dump market potential?
Post by: Marvell1 on October 21, 2023, 04:41:20 AM
I think that support from countries to countries that are at war will not exceed their ability to help and that is only in the form of weapons and food and other countries are very likely not to be directly involved in the war.
However, in my opinion, the wars that occur often make no sense in being linked to Bitcoin because Bitcoin's scale with the global economy is not large, so the fear that is spread among Bitcoin owners is only to take advantage of certain parties. If you believe that Bitcoin will continue to follow its usual four-year cycle then ignore all the news wars but usually the ones who worry about Bitcoin are those who don't own it because those who own Bitcoin will maintain optimism without caring about other people's views about what might happen to Bitcoin because the current war is not as big in scale as imagined and only the media always exaggerates it.

I think bitcoin is also part of the world economy so if there is a war, just destabilizing the world economy will definitely affect bitcoin. That's just like when the war between Russia and Ukraine broke out, every market panicked and bitcoin was not immune. I still hope the 4-year cycle will repeat, but we need to note that, in previous cycles, we did not encounter crises, wars or inflation like today. So it's hard to be sure that everything will stay the same and nothing will change. Bitcoin is getting bigger and more popular, so to say that it is not tied to the economy is not entirely true.

The current war has not caused too much instability, but with the supporting parties also being strongly divided, I fear the war will spread and become more serious. But let's hope the war ends soon because it brings no benefit to the world.

The bigger Bitcoin covers the whole world, the more countries that accept and make rules about Bitcoin, the closer the economic movement of a country or the global market will be to Bitcoin price movements. For now, data related to the economic growth of a country, especially the US, has a big influence on Bitcoin. So war conditions involving a country and also related to America will have a clear influence on Bitcoin.

The best hope for Bitcoin prices to improve is to hope that the war that occurred this time will subside. And world economic growth is also improving, why should we buy bitcoin if things get worse? Maybe this is my rough logic, and investors will abandon Bitcoin if things get worse and choose something that is more beneficial for them to survive.

If evaluated fairly, it is clear that bitcoin is still considered a risky asset by the world rather than a safe haven. So, thinking that BTC is not affected by war or the world economy is not true at all.

I also think like you, bitcoin price will improve when the general world situation becomes more stable, but if the unstable situation continues, worse things will happen to bitcoin. However, there are still cases where bitcoin still increases in price and ignores the world economic situation unless manipulation occurs. I still think that the market is manipulated more than based on supply and demand, so if bitcoin prices increase while the economy is in crisis, it will be manipulated by sharks and market makers.


Title: Re: Dump market potential?
Post by: justdimin on October 21, 2023, 08:04:39 AM
But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.
This is why patience pays off, and the exciting part comes later.

It's still in the accumulation phase. I'm ready for a bit of boredom because I'm quite convinced that the bull market will happen later. Those who are still thinking in bear market terms might miss out. Sentiment plays a significant role, and all of this can impact the bull market. It's possible that we might experience the longest bear market in Bitcoin's history.
That "boredom" part where it doesn't go up but it doesn't go down neither is the perfect spot to buy more bitcoin and a lot of people miss that part. I think it's crucially important that people end up buying during the stable periods so that they could profit when it goes higher, and yes I understand that not everyone does that but they should seriously consider it.

I may not be involved with any sellers and do not know why they are selling, but I do not think that any seller would have a good reason to sell right now, if they hold some more they would make more money, the only logical reason would be paying for something that they have to pay for an urgent expense. All in all crypto prices looking good and should be starting a bull run.


Title: Re: Dump market potential?
Post by: eightdots on October 21, 2023, 09:23:53 AM
But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.
This is why patience pays off, and the exciting part comes later.

It's still in the accumulation phase. I'm ready for a bit of boredom because I'm quite convinced that the bull market will happen later. Those who are still thinking in bear market terms might miss out. Sentiment plays a significant role, and all of this can impact the bull market. It's possible that we might experience the longest bear market in Bitcoin's history.
That "boredom" part where it doesn't go up but it doesn't go down neither is the perfect spot to buy more bitcoin and a lot of people miss that part. I think it's crucially important that people end up buying during the stable periods so that they could profit when it goes higher, and yes I understand that not everyone does that but they should seriously consider it.

I may not be involved with any sellers and do not know why they are selling, but I do not think that any seller would have a good reason to sell right now, if they hold some more they would make more money, the only logical reason would be paying for something that they have to pay for an urgent expense. All in all crypto prices looking good and should be starting a bull run.

You are right that war and pandemic will not have the same impact on markets. They're two very different things. The negative impact of war on the market is always greater. Governments are limited in what they can intervene. During the pandemic, they distributed money to the public at affordable interest rates and the market relaxed. This is just an example of what is done, but what can be done in a war situation is very limited.

I also think Bitcoin's 4-year cycle may be delayed this bull season. We cannot enter the bull season while the market is at war and many things remain uncertain.

If we experience the longest bear season in Bitcoin, it means we will have more opportunities for accumulation. Bitcoin has long provided investment opportunities and will continue to do so. I believe that the bull season will come and we should increase our investment amount by this time.


Title: Re: Dump market potential?
Post by: 348Judah on October 21, 2023, 10:05:58 AM
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

If one has grown a thicker skin, then there's no need of listening to some of this fear of missing out, all these are nothing but side distractions which are always aimed at newbies, an experienced user shouldn't get moved even when there's a prolonged dip because they understand what is coming after such, we all know how the internet can be full of misleading informations, but one thing should always be remembered concerning bitcoin which is consistency, as long as one is not an altcoins investor, there shouldn't be any reason to fear whatever season the crypto market is.


Title: Re: Dump market potential?
Post by: pooya87 on October 21, 2023, 02:16:55 PM
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
The world has been chaotic ever since 2020 when the pandemic started and it has only gotten more chaotic. It is the characteristics of a changing World Order so it is good to speculate about these things and be cautious about what you do, financially speaking.

As for bitcoin, I don't think it is directly affected by conflict or chaos. Instead bitcoin price is affected by inflation and recession that is affected by many things including the conflicts. The inflation effect is positive while recession is negative, as we learned from the past couple of years (the biggest dumps occurred because of the past 2 recessions).


Title: Re: Dump market potential?
Post by: danherbias07 on October 21, 2023, 03:12:58 PM
Respond to conflicts this big? I don't think we can do that. All we can do is either stick to investing in Bitcoin more and expect the value to grow even in a bad economy or cash it out, take the rest, and invest with something else that we think will be more valuable in times of war. But, the question of "Where?" comes out. You said it, it's not just the Bitcoin market that will feel the impact of the recent conflicts that are happening all over the world so there's no escape pod to our investment on where we could put it. Some do say it will be gold who will have the power which I think could be true although it will take time. But what if the same goes with Bitcoin which only needs the patience to feel the profits coming in as it enters the realm of ETF and then the halving?
All we can do now is speculate but there's no one who can predict the future, especially in the investment and financial industry. It could be different and we are just being pessimistic in this early adoption of cryptocurrencies.


Title: Re: Dump market potential?
Post by: Dunamisx on October 21, 2023, 03:16:42 PM
We can only hope that the war will not impact Bitcoin. However, in reality, war impacts the countries around the war. And if there is an impact on Bitcoin, there may be a downturn but we don't expect the downturn to be too deep.
well , if we understand how helpful Bitcoin is than Fiat or Gold in time of war then price will not down that deep for sure.
though war time will shutdown internet and the phase so this will take time to be used but for holding is better.

Quote
But we have seen how Bitcoin has traveled so far. We already know that many factors could have caused the decline that occurred in Bitcoin. And maybe there will be another decline later, but it won't be as big as the previous one. But if it happens again, people must be prepared and not panic so the price does not fall further.
decline will come as we are heading to Halving day that we already knew the impact, mostly dumped bad before that day or even the exact day,
because the increase will come soon.
Quote
The important thing is that if there is another decline, we must prepare ourselves to be able to buy Bitcoin at low prices. Rather than regretting it because we were late in buying Bitcoin, we should remain alert to the situation in the market. And prepare money to buy more Bitcoin.
right , take the advantage to buy when there is a deep , instead of panicking take that as advantage ..

It should be clear to us that whenever we experience a dump market season just like the one we are into currently, we are placed with a serious opportunity to accumulate bitcoin and hodl, you can't imagine if althrough have been bull market, how are we going to experience a rise in the number of intending investors to find a suitable rate of coming in when the market never fall, the more we sell the higher the investors we have who are holders and more the bitcoin market cap increases as well as it demands, which will also encourage a rise in bitcoin price.


Title: Re: Dump market potential?
Post by: bangjoe on October 21, 2023, 03:22:13 PM
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
The world has been chaotic ever since 2020 when the pandemic started and it has only gotten more chaotic. It is the characteristics of a changing World Order so it is good to speculate about these things and be cautious about what you do, financially speaking.

As for bitcoin, I don't think it is directly affected by conflict or chaos. Instead bitcoin price is affected by inflation and recession that is affected by many things including the conflicts. The inflation effect is positive while recession is negative, as we learned from the past couple of years (the biggest dumps occurred because of the past 2 recessions).
This kind of thing needs to be a study, especially for those of us who are included in the world of finance and investment in assets that have a high sensitivity with a global crisis.

The mechanism is indeed not directly affected to Bitcon, and yes you mention it correctly that Bitcoin is influenced by inflation and recession for its movement, but it needs to be a concern if the conflict extends and many countries take part in one conflict that may have a prohibition on trade with the country Countries that have cooperation in international trade unions such as punishment to Russia, of course, if this happens will result in a crisis that could have an impact on being a global recession.
And there is the point of the dilemma that I experienced, which thought of the impact of Ukraine-Russia and Palestine-Israel, which might spread after seeing the attitudes of various countries towards the conflict that occurred.


Title: Re: Dump market potential?
Post by: lizarder on October 21, 2023, 03:55:24 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
If you have been involved in bitcoin investment for a long time then I am sure there is confidence regarding bitcoin even though there is a sharp decline caused by several current events. Bitcoin can always run in negative or positive conditions caused by certain circumstances, but when the cycle runs properly, things will get better. In the end we will forget the bad events that could bring bitcoin to its lowest price position. Fear are something natural because we invest using money and if many people understand the movement patterns of bitcoin in the market then they are used to dealing with this and some people who already understand how bitcoin works will continue to remain calm waiting for recovery.

In fact they will continue to collect bitcoin to make it one of their best assets to store. An important lesson that we need to understand, bitcoin will continue to be in a state of decline and recovery and that is not something to worry about because we are already in a decade where history can see its journey. Calmness will be the key to success in investing in bitcoin and it's useless to talk about bitcoin if we don't know its journey so far.


Title: Re: Dump market potential?
Post by: sana54210 on October 21, 2023, 04:59:00 PM
I wish for no war but what if there is war, what makes you think that the price of bitcoin will fall?

Some people will always see something to say about the price of bitcoin not to rise. It is good for you not to think like that because the bull run period is very near. Buy and hold bitcoin is my advise. People should not think about any war but think that the price of bitcoin will increase. I have started to DCA and if the price of bitcoin does not fall below $20000 again, I will buy more bitcoin some weeks to halving.

Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.


Bitcoin’s long-term investors own over 76% of all BTC for the first time (https://bitcointalk.org/index.php?topic=5470908.msg63020715#msg63020715)
Yes, the pattern is what if the war occurs, I don't expect it to happen because the impact will be extraordinary.
I did not expect that we should not think about the potential risks that will occur today, unless the assets in Bitcoin are only 10% of the total wealth you have, maybe it will not have a big effect on your wealth, then how they are Store 40% -80% of Bitcoin wealth? ... What we know is that the war will deprecate the economy including risky assets.

For some people who do not get the impact of warfare occurred in their country, and Bitcoin is corrected by Kemabli, it is indeed a golden density that someone can get at that moment, including me.

But I like how you respond to my thoughts, thank you for that. ;)
I would guess that it is not going to impact it in a bad way to be fair, because war is a bad thing and when that happens people are doing terrible financially, and governments need to print money to make it keep going and when they do that inflation rises and when that rises the price of bitcoin rises with it. That's as simple as we can see the situation in right now and I am guessing that war is not bad for bitcoin, it is bad for all of us.

Just because price of bitcoin goes up doesn't mean that it will be a good world, it would be a terrible world to live in where people are booming other humans, killing children all around the world, so I hope this doesn't grow bigger and ends up being something short term and ends very soon.

Otherwise life will get worse, all those world war three type of scary thoughts are really not that good and we need to find a way to pressure the leaders to make it stop, I know that it is not going to be easy but I hope it does.


Title: Re: Dump market potential?
Post by: darkangel11 on October 21, 2023, 06:28:03 PM
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
The world has been chaotic ever since 2020 when the pandemic started and it has only gotten more chaotic. It is the characteristics of a changing World Order so it is good to speculate about these things and be cautious about what you do, financially speaking.

Talk about chaotic, I've just read some statistics for my country and there's growing number of suicides and we had a lot of murderers in the recent months. Literally every week I read that some guy killed his mother or a man killed his wife... I don't remember it being like this last year, or 2 years back. People are going crazy, literally.
Compare the world we live in today with 2010-2019. Now we have multiple ongoing wars, increasing food prices, housing market going crazy, US FED not knowing how to deal with inflation and on top of it all we'll soon be starting our 3rd year of bitcoin bear market :D

IMO there's not much to dump from. Last year bitcoin went below the low border of the band it used to be in for the last 10 years. Many people don't realize it but we had the worst bear market ever, but people think in wasn't that bad because the price was higher than in previous bear markets, but we also made the least gains in bull market in bitcoins history, so a 70% decline from 350% gain is like nothing when you compare it to an 80% decline from a 2000% gain in 2017. IMO people are immune to pain after enduring it for 2 years. If Bitcoin started falling to 20k they'd be buying, not selling, so I say there's not much decline head of us, if any, before we at the very least attack 60k again.


Title: Re: Dump market potential?
Post by: Sophokles on October 21, 2023, 06:59:08 PM
With the way things are going around the globe, I will not be surprise if Bitcoin becomes a safe option for many investors. The confusion and power tussle in the world is just too much. Bitcoin can truly be a common ground for people who do not want to be in a fix regarding the confusion in the world. While some people are expressing fears as regards the future of Bitcoin, I am very confident that the future is secured and there will not be any major dump if if world war breaks out.

The tension is increasing, which can cause instability in the global economy. Many countries are already facing economic crises, and I think you are right about bitcoin's being the common ground for investors. If war escalates on a global scale then the stock, forex and real estate markets can crash. Crypto will also face some downsides, but this can be taken positively by investors as bitcoins have been deflationary in price all these years.


Title: Re: Dump market potential?
Post by: danadc on October 21, 2023, 07:50:56 PM
With the way things are going around the globe, I will not be surprise if Bitcoin becomes a safe option for many investors. The confusion and power tussle in the world is just too much. Bitcoin can truly be a common ground for people who do not want to be in a fix regarding the confusion in the world. While some people are expressing fears as regards the future of Bitcoin, I am very confident that the future is secured and there will not be any major dump if if world war breaks out.

The tension is increasing, which can cause instability in the global economy. Many countries are already facing economic crises, and I think you are right about bitcoin's being the common ground for investors. If war escalates on a global scale then the stock, forex and real estate markets can crash. Crypto will also face some downsides, but this can be taken positively by investors as bitcoins have been deflationary in price all these years.

Right now for me the safest of all investments is bitcoin, they can say that gold is good to be safe, but I am one of those who like risks more and I can say that things are much better when they are carried In that way, then based on everything that can be done to achieve a better result, I believe that things in Bitcoin are safe, some may say that it is necessary to buy other things, real estate, investors are the ones who manage their money ca Your whim, it's your money, it's normal, but as a good intelligent investor I always take advantage of the best opportunities, as soon as it goes down a little you have to buy.


Title: Re: Dump market potential?
Post by: KingsDen on October 21, 2023, 08:38:36 PM
With the way things are going around the globe, I will not be surprise if Bitcoin becomes a safe option for many investors. The confusion and power tussle in the world is just too much. Bitcoin can truly be a common ground for people who do not want to be in a fix regarding the confusion in the world. While some people are expressing fears as regards the future of Bitcoin, I am very confident that the future is secured and there will not be any major dump if if world war breaks out.

The tension is increasing, which can cause instability in the global economy. Many countries are already facing economic crises, and I think you are right about bitcoin's being the common ground for investors. If war escalates on a global scale then the stock, forex and real estate markets can crash. Crypto will also face some downsides, but this can be taken positively by investors as bitcoins have been deflationary in price all these years.
I had thought about this but I didn't take it seriously as such I dismissed it as mere imagination. Now I have seen someone have same imagination, that means it might come to pass. I imagined a situation where some countries whose currencies are weak refusing to have the dollar as their reserve and make bitcoin a legal tender just like the case of El Salvador and Centre Africa.

But then, my first tip of the way bitcoin will hit global adoption is through AI, Robotics and permissionless payment. This will be needed when many systems are automated.

As of what OP is discussing, no world war will happen and the Palestinian wave can only cause a temporary dump.


Title: Re: Dump market potential?
Post by: Bitcoin_people on October 23, 2023, 04:21:07 AM
The price of Bitcoin could rise well into 2024 when the ETF deal is completed and the Bitcoin halving occurs. When the halving started in the Bitcoin market, it encouraged the growth of the Bitcoin market and led to a strong bull run in the market. After the halving cycle there is no doubt that the Bitcoin market will go higher and people are waiting to see this wonderful market. When the Bitcoin market is in a cycle we can definitely understand that Bitcoin will be affected and the price of Bitcoin will increase significantly. Moreover, we have seen the bitcoin market have been in a very bad position in the past and we have overcome this volatility and bitcoin has not been in that position but has moved higher. Moreover, no matter how bad we are in the market, we can certainly expect that at some point the Bitcoin price will meet the bulls and the bad times will be over. So you don't feel volatility, rather hold on to your FUD and don't worry if it's bearish, bulls will come next.


Title: Re: Dump market potential?
Post by: YUriy1991 on October 23, 2023, 04:49:07 AM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.


No matter what's going on—be it bad news or good news—it won't significantly impact Bitcoin as long as it's not in a bull run. We've weathered worse problems in the past, and Bitcoin has maintained a stable price. Even during the height of the pandemic, Bitcoin's price and the market remained surprisingly stable.

You should have confidence in Bitcoin. It has been declared "dead" many times, yet it keeps rising. If it does experience a dip, it's often due to manipulation, and its price will eventually return to stability. Don't let FUD overshadow the current bullish sentiment. Have you been feeling the bullish sentiment lately?


But macro news can affect the bull season, I mean it can cause the bull season to happen later.  furthermore, the effects of war and inflation are completely different from the impact of a pandemic on bitcoin.  during the pandemic, everything became chaotic but the government supported the economy by printing and pumping money, the flow of money into financial markets caused them to increase in price massively, not just bitcoin.  meanwhile, war and inflation are causing a terrible crisis for the economy, causing many difficulties.  so it cannot be said that their impact on bitcoin is the same.

But in the long run, you're right, the bull season may be delayed but it will still come after all the bad stuff is over.

Well, that's right, as usual macroecomy will definitely affect fluctuations in the price of bitcoin which is pastiny will significantly affect Bitcoin, but yes I have a new view that maybe Bitcoin will experience a bullish market delay if the conflict that occurs extends and involves many countries Although today we can conclude that the probability of the widespread conflict is still very small and will not affect Bitcoin but like investors who have caution views will certainly be more aware of conflicts that have the potential to cause crisis.

With the meaning if the conflict occurs the most likely is that we are required to hold Bitcoin longer for Bitcoin cycle investors, but take it easy I still believe that Bitcoin will definitely return to the way, like the previous cycles.

Bitcoin has been around for a long time and has carved out a place for itself in the financial system. Regarding how to hold Bitcoin if this condition comes, it is up to each of us because considering the reminders on world markets and the situation in various countries where there is conflict, the intensity of calm is getting higher.

You have to be careful in looking at market expectations, and that applies not only to other investors too. No. Regarding the prospects for crypto technology and Blockchain technology in the future, it may increase more sharply when political and economic issues develop and prices will continue to stimulate.


Title: Re: Dump market potential?
Post by: Pierre 2 on October 23, 2023, 05:39:32 AM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.


Title: Re: Dump market potential?
Post by: CryptoBuds on October 23, 2023, 02:53:01 PM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.

If based on macro factors such as the world economic situation, what you say is completely correct, because as long as people still face many difficulties in life, few people will care to invest. That means there will be no new money flowing into the market, and there won't be a bull season. But the cryptocurrency market is heavily manipulated, so it's hard to say anything. Maybe market makers will push the market up and from there people will be curious and greedy to participate in the market with the thought of making money to overcome difficult economic times. When people are in trouble, their greed is at its highest, so market makers will take advantage of that. That scenario is also possible.


Title: Re: Dump market potential?
Post by: Negotiation on October 23, 2023, 05:45:55 PM
I agree when the world economy turns bad people will think about their future and want to invest. Because the global economy will not have any effect on bitcoin if the demand increases its value will increase a lot no one can guarantee the exact market price can reach sudden highs. Businesses have invested in bitcoin to protect themselves from crises and more recently to gain financial leverage. It is also planning to accept cryptocurrency as a means of payment blackrock the world's largest asset manager is also exploring ways to use digital currencies.


Title: Re: Dump market potential?
Post by: STT on October 23, 2023, 05:59:42 PM
At this point and with Lebanon (https://www.thehindu.com/news/international/explained-lebanons-economic-meltdown-and-why-people-are-robbing-banks-for-their-own-money/article65899825.ece) having no proper reliable money system for the people, it seems the war story might better favor BTC then oppose it with hard money scenario etc.   Sadly these war stories arent new, I've been watching the wretched civil war in the middle east and locked down Palestine especially for multiple decades now its a broken record repeating and its sad to say that as people die.    Also dollar has its own problems, the deficit the debt ceiling and so on.  BTC rising right now might be quite fair, I dont sense its due a sell because I dont see it has excessive speculative hype and hopes to it especially.
   My worry is that we'd have to look at monthly bars and the volume but this is a trading set back really, it'll rise and pullback.  We can debate how much but a normal sell off and reset just leads to the next question how large is the rise after that, so not really negative.


https://www.reuters.com/markets/rates-bonds/lebanons-financial-crisis-how-it-happened-2022-01-23/


Title: Re: Dump market potential?
Post by: savetheFORUM on October 23, 2023, 06:23:30 PM
there is no need to worry too much that geo-political and global economic issues will affect the price of bitcoin significantly, it does affect it, but not to the point where the price of bitcoin plummets. bitcoin has gone through the worst phase faced by humanity, namely covid-19, the russian and ukrainian wars, and several other major events, and until now it still stands tall and is still the best digital asset that people choose.

i remain optimistic about the future of bitcoin because history has spoken about how bitcoin has survived until now. maybe in the future the bitcoin market will experience ups and downs and that is normal when a market experiences something like that, but i remain confident that bitcoin will be able to get through that.
I think they can actually, since they are mostly global but we shouldn't worry too much as you said since the effect wasn't permanent and it was a good thing in fact because helps us to buy at a very good rate. Those events you mentioned are indeed worse but the negative effect are mostly felt outside by the humans and not really for Bitcoin because BTC surprisingly show a good increase during it.

I think that is because people that are affected, mainly use it more than the fiats. Ups and downs are more normal than what we are witnessing now which was stability but maybe some people like it especially if they use their BTC more as a currency.


Title: Re: Dump market potential?
Post by: Yatsan on October 23, 2023, 07:17:29 PM
there is no need to worry too much that geo-political and global economic issues will affect the price of bitcoin significantly, it does affect it, but not to the point where the price of bitcoin plummets. bitcoin has gone through the worst phase faced by humanity, namely covid-19, the russian and ukrainian wars, and several other major events, and until now it still stands tall and is still the best digital asset that people choose.

i remain optimistic about the future of bitcoin because history has spoken about how bitcoin has survived until now. maybe in the future the bitcoin market will experience ups and downs and that is normal when a market experiences something like that, but i remain confident that bitcoin will be able to get through that.
I think they can actually, since they are mostly global but we shouldn't worry too much as you said since the effect wasn't permanent and it was a good thing in fact because helps us to buy at a very good rate. Those events you mentioned are indeed worse but the negative effect are mostly felt outside by the humans and not really for Bitcoin because BTC surprisingly show a good increase during it.

I think that is because people that are affected, mainly use it more than the fiats. Ups and downs are more normal than what we are witnessing now which was stability but maybe some people like it especially if they use their BTC more as a currency.
Actually there’s an indirect effect to the market price of Bitcoin. If we would go back last year wherein war rumors started to create a noise, many people panicked and that includes investors of this industry. They probably sold their holdings that tine to make use of the money for daily necessities and same thing with other geo-political and economic issues which could directly affect the investors then followed by an effect to the investment and perhaps crypto holdings. Another is largescale restriction to some countries for this industry which also made an impact to majority of tokens’ value. But right now, the market price seem to be on upward after the dump but if we would base on current situation, it is still not guatanteed that the price movement will be consistent and continuous. News, events and the likes will always have a direct (if not indirect) in every assets and properties.


Title: Re: Dump market potential?
Post by: Lanatsa on October 23, 2023, 08:36:49 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
Whether it would happen or not, then there's no way on knowing it out and this is something that you should really be making yourself realize that this market is always been that unpredictable. Put up into your mind that sentiments and news could neither be giving out or not some effects in overall price market movements even if we do say that it is really the main talks or issues that we are facing now.
We've seen some significant effects on some markets but crypto market is always been that different. There might be times that it might really be affected but doesnt mean that it would really be affected on every
news and sentiments that comes around.

As a Bitcoin cryptoenthusiast or support or simply being that crypto guy, then it would be always the best that you should really be making yourself that wary neither those things could neither affect or not
when it comes to prices. Dumps and pumps could happen on which it does mean that you would really be needing to make that decision whether you should be holding your position or would really be
securing profits on the time that you are seeing greens. We do know that it would really be that so hard on making decisions with this volatile market but we dont really have
no choice but to go forward.


Title: Re: Dump market potential?
Post by: BenCodie on October 23, 2023, 08:52:11 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
I wish for no war but what if there is war, what makes you think that the price of bitcoin will fall?

Some people will always see something to say about the price of bitcoin not to rise. It is good for you not to think like that because the bull run period is very near. Buy and hold bitcoin is my advise. People should not think about any war but think that the price of bitcoin will increase. I have started to DCA and if the price of bitcoin does not fall below $20000 again, I will buy more bitcoin some weeks to halving.

Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.


Bitcoin’s long-term investors own over 76% of all BTC for the first time (https://bitcointalk.org/index.php?topic=5470908.msg63020715#msg63020715)

Not only this, but I believe that during times of war, Bitcoin becomes more valuable and more attractive to hold.

Would you rather hold government bonds for the country that is participating in war?
Hold contracts with a corporation that resides in a state of war?
Hold money in the bank, subject to bank default policy?
Hold physical cash, gold or silver if your country is under threat?
....
....
Or, encrypt bitcoin storage and store it in ways that can't be effected by war, physical harm, etc.

The argument that "what if the internet goes out" is the only one against Bitcoin, but it is a lame one. The Internet being wiped out globally would end a large portion of humanity. I think it's too unlikely to choose anything else over Bitcoin.


Title: Re: Dump market potential?
Post by: serjent05 on October 23, 2023, 10:46:09 PM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.

In every uptrend there is correction that always follows, it is not news that in correction or dump follows when a market is done surging since those who buy at a lower price tend to exit to take profit.  A good example of this kind of scenario is when Bitcoin breaks its ATH, it is followed by a correction and bear market trend showing that a dump is inevitable after an uptrend.

The current scenario where Bitcoin rallies to $31k+ can also possibly suffer a dump due to people taking profit.

About the ongoing war between Israel and Palestine, I don't think that it will escalate to a global war because other countries will keep each other in check preventing them from directly participating and sending their troops in the ongoing war.


Title: Re: Dump market potential?
Post by: bitterguy28 on October 24, 2023, 08:31:41 AM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.
well just today we have seen the Fly of  Bitcoin and grows more than 22% in the last 7 days and this is a good sign that bitcoin will have another growing before this year ends.
 
https://coinmarketcap.com/currencies/bitcoin/#markets

Price performance
24h
Low
$30,379.21
High
$34,557.90

almost 35k in the last 24 hours , I do believe that this will not stop here and maybe resting to break 35-40k and yes I wanted this to happen.


Title: Re: Dump market potential?
Post by: aoluain on October 24, 2023, 08:39:00 AM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.

In every uptrend there is correction that always follows, it is not news that in correction or dump follows when a market is done surging since those who buy at a lower price tend to exit to take profit.  A good example of this kind of scenario is when Bitcoin breaks its ATH, it is followed by a correction and bear market trend showing that a dump is inevitable after an uptrend.

The current scenario where Bitcoin rallies to $31k+ can also possibly suffer a dump due to people taking profit.

About the ongoing war between Israel and Palestine, I don't think that it will escalate to a global war because other countries will keep each other in check preventing them from directly participating and sending their troops in the ongoing war.

I agree, looking at the ongoing surge I also would expect a "correction" to happen,
Maybe soon or maybe in the short term but it does tend to happen.

Looking at the RSI currently it suggests the market is kind of over bought and generally
there follows a corresponding drop.

https://talkimg.com/images/2023/10/24/TFSJf.jpeg


I'm hold out for the "Buy the dip" moment!


Title: Re: Dump market potential?
Post by: milewilda on October 24, 2023, 10:25:52 AM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.

In every uptrend there is correction that always follows, it is not news that in correction or dump follows when a market is done surging since those who buy at a lower price tend to exit to take profit.  A good example of this kind of scenario is when Bitcoin breaks its ATH, it is followed by a correction and bear market trend showing that a dump is inevitable after an uptrend.

The current scenario where Bitcoin rallies to $31k+ can also possibly suffer a dump due to people taking profit.

About the ongoing war between Israel and Palestine, I don't think that it will escalate to a global war because other countries will keep each other in check preventing them from directly participating and sending their troops in the ongoing war.

I agree, looking at the ongoing surge I also would expect a "correction" to happen,
Maybe soon or maybe in the short term but it does tend to happen.

Looking at the RSI currently it suggests the market is kind of over bought and generally
there follows a corresponding drop.

~~~~~~

I'm hold out for the "Buy the dip" moment!

Just simply look on TA or using up that MACD then it is really that overbought already which anytime soon which correction would really be that coming after which is really that obvious.The movement that we do have now on reaching out $35k is really something significant since we havent been able to see for a while and this is why its not really that shocking that majority of us would really be that having that impression that this might already be the start of bull run on which it isnt really that shocking that people would be having that impression but of course there would be those fellas who would really be thinking that this would really be some sort of bull trap on which tons of people would get caught if ever they would be buying at the current peak price. Dump market potential whether on this current situation or not, then it would be always that possible.

This market cant really be just having a single path or way to move and if there's pump then there's always an accompanied possibilities for some dump. Corrections could really happen
after a pump and this is where some people or traders are really that anticipating. Even myself cant really just that resist on expecting for those deep corrections
later on.


Title: Re: Dump market potential?
Post by: kotajikikox on October 24, 2023, 11:33:45 AM


https://talkimg.com/images/2023/10/24/TFSJf.jpeg


I'm hold out for the "Buy the dip" moment!

Like yours mate , Am also buying the dip  but so far as the price growing since early this day,I think better for me to sell Half of my holdings while waiting for another dump , because it is obvious that before the halving comes we will see another Bear market.

Market performance today is impressive and I believe that this is only for temporary ,so i may consider selling later today and wait for buying again and I know it will surely happen.

Nice graph actually and I have a big belief that we are not yet finish in bearishness because that is the trend each time halving happened .


Title: Re: Dump market potential?
Post by: danadc on October 24, 2023, 06:58:19 PM


https://talkimg.com/images/2023/10/24/TFSJf.jpeg


I'm hold out for the "Buy the dip" moment!

Like yours mate , Am also buying the dip  but so far as the price growing since early this day,I think better for me to sell Half of my holdings while waiting for another dump , because it is obvious that before the halving comes we will see another Bear market.

Market performance today is impressive and I believe that this is only for temporary ,so i may consider selling later today and wait for buying again and I know it will surely happen.

Nice graph actually and I have a big belief that we are not yet finish in bearishness because that is the trend each time halving happened .
Bitcoin may have fallen a little in price, it is true, but I think the range will be $32-$35k, for me that is what can be done in this cycle before December, for December I think it will be easy to reach os $40k and if the positive results continue for the BTC ETG then it is much easier for it to jump to $40k, for me it is a fact that it can reach that price, what is stopping this trend are the wars that exist in January In the world, because if the world were without wars and everything was fine, the price of Bitcoin would be higher because investors are not going to invest with all that intrigue of wars.


Title: Re: Dump market potential?
Post by: philipma1957 on October 24, 2023, 07:34:34 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

Dude war has been used to make people wealthy for thousands of years.

I am watching the financial new as I type this and the weapons sector in the USA alone is backordered 750 billion dollars.

Multiply this by a factor of three or four and the rest of the worlds weapon makers are in the same boat. ie cash and money is flowing to them like mad.

This is the worldwide military industrial complex at its finest.

Do I like it ? no

Have I seen it time and time and time again.

Watch the Nick Cage movie the lords of war.

Trust me the death and destruction never ends so btc will do well in this climate.

It is sad that so many must be hurt maimed or killed for a few hundred people to get very wealthy.


Title: Re: Dump market potential?
Post by: Sophokles on October 24, 2023, 07:40:02 PM
The price of Bitcoin could rise well into 2024 when the ETF deal is completed and the Bitcoin halving occurs. When the halving started in the Bitcoin market, it encouraged the growth of the Bitcoin market and led to a strong bull run in the market. After the halving cycle there is no doubt that the Bitcoin market will go higher and people are waiting to see this wonderful market. When the Bitcoin market is in a cycle we can definitely understand that Bitcoin will be affected and the price of Bitcoin will increase significantly. Moreover, we have seen the bitcoin market have been in a very bad position in the past and we have overcome this volatility and bitcoin has not been in that position but has moved higher. Moreover, no matter how bad we are in the market, we can certainly expect that at some point the Bitcoin price will meet the bulls and the bad times will be over. So you don't feel volatility, rather hold on to your FUD and don't worry if it's bearish, bulls will come next.

Halving brings a positive outcome and ETF approval will really initiate a bull rally but I think we need something more to get the momentum to break the ATH. This time it won't be that easy but this will happen. We can see a new ATH at the end of 2024 or at the beginning of 2025 when the bitcoin market can be at its peak. Before halving we still have a few months left and we will get a last chance to take entry.


Title: Re: Dump market potential?
Post by: South Park on October 24, 2023, 08:22:11 PM
Bitcoin may have fallen a little in price, it is true, but I think the range will be $32-$35k, for me that is what can be done in this cycle before December, for December I think it will be easy to reach os $40k and if the positive results continue for the BTC ETG then it is much easier for it to jump to $40k, for me it is a fact that it can reach that price, what is stopping this trend are the wars that exist in January In the world, because if the world were without wars and everything was fine, the price of Bitcoin would be higher because investors are not going to invest with all that intrigue of wars.

It is difficult to quantify how much of an effect wars are having on the price of bitcoin and we have no way to know if they are really bringing the price of bitcoin down, as it was not long ago the market was still ranging, still the recent increase in the price proves the interest in bitcoin is still there and we are only waiting for some good news for the price to react immediately to it, and if the price has moved that much even now then I cannot even imagine how big the movement of the price could be if an ETF was finally approved.


Title: Re: Dump market potential?
Post by: GeorgeJohn on October 24, 2023, 09:00:37 PM
Actually what's makes bitcoin to fall and rise is information and from my perspective a country war can not make a bullrun if its to occur in 2024 not to occur, the problem between Palestinian and Israel is not supposed to have any effect in cryptocurrency market what guarantees the increase in price of bitcoin is when a bitcoin have a good investors that come into the market.

Besides some countries ban bitcoin but bitcoin continues to exist, so that should be one of the major reasons and concerns we have in cryptocurrency, country conflict or challenge does not have any impacts in bitcoin increment and bitcoin decrement, let as assume as I portrayed before that what triggers the anger of bitcoin to come up in price is due to supply and demand, when the supply is higher than demands the price of bitcoin get increased.


Title: Re: Dump market potential?
Post by: ShowOff on October 24, 2023, 09:25:20 PM
Actually what's makes bitcoin to fall and rise is information and from my perspective a country war can not make a bullrun if its to occur in 2024 not to occur, the problem between Palestinian and Israel is not supposed to have any effect in cryptocurrency market what guarantees the increase in price of bitcoin is when a bitcoin have a good investors that come into the market.

War can have a negative impact on the market regardless of whether the impact is very large or only on a small scale. If this war continues then I can't ignore that investors' fears could increase because of it, but so far bitcoin ETF and halving could drive prices higher regardless of the state of the world economy and the war.

The market needs money coming in to move the price, but war is one factor that you need to be aware of before you invest. The impact of war is bad even though the bitcoin market is currently growing, so continue to be careful and don't push too hard to ignore the potential risks.


Title: Re: Dump market potential?
Post by: BitDane on October 24, 2023, 09:52:03 PM
Actually what's makes bitcoin to fall and rise is information and from my perspective a country war can not make a bullrun if its to occur in 2024 not to occur, the problem between Palestinian and Israel is not supposed to have any effect in cryptocurrency market what guarantees the increase in price of bitcoin is when a bitcoin have a good investors that come into the market.

Besides some countries ban bitcoin but bitcoin continues to exist, so that should be one of the major reasons and concerns we have in cryptocurrency, country conflict or challenge does not have any impacts in bitcoin increment and bitcoin decrement, let as assume as I portrayed before that what triggers the anger of bitcoin to come up in price is due to supply and demand, when the supply is higher than demands the price of bitcoin get increased.

Aside from this, there are also the so called influential group manipulation.  Just look how these group manipulates people sentiment.  First the release a fake news that create a sudden surge.  Then when it was found out that it was a fake news, they follow it with manipulative action of listing Blackrock ETF on the ticker index of DTCC site making people think that Blackrock ETF is possibly approved by SEC only later to be removed after stirring the market emotion to have an optimistic sentiment and possibly a FOMO which possibly create this Bitcoin market rally.  

Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.


Title: Re: Dump market potential?
Post by: Kelvinid on October 24, 2023, 10:04:44 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.


Then, never listen to them as it only fuses you but rather make your own speculation instead. Because if you are very certain about Bitcoin's potentiality, you don't have a reason to become doubtful about it. But what makes you confused is you listen/read negative and positive speculations which you know that none of them are right. Just remember the fact that nobody was able to tell the real scenario to happen in the market, those are just speculation and you can make it as well. What you need is to keep your faith strong and become certain with your plan.


Title: Re: Dump market potential?
Post by: _BlackStar on October 24, 2023, 10:41:32 PM
-snip-
Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.
Instead of thinking of big increases as part of manipulation - then you should think of something positive. The market doesn't always go up - it can find its support level again even if the price trend is good. Trends can change quickly - but something positive remains to be thought of. We all know market volatility will always be there and the potential risks and consequences cannot be avoided - so to me it's just an inseparable part of the market.

Manipulation can happen - but it can't happen easily without a lot of money involved. Moreover, you have to be careful in the market even if you believe the future is better - a crash or dump is possible due to bad news or something like that. So set your limits especially regarding risk tolerance and also only invest an amount you can afford to lose.


Title: Re: Dump market potential?
Post by: Reatim on October 25, 2023, 02:34:37 AM
We can only hope that the war will not impact Bitcoin. However, in reality, war impacts the countries around the war. And if there is an impact on Bitcoin, there may be a downturn but we don't expect the downturn to be too deep.
well , if we understand how helpful Bitcoin is than Fiat or Gold in time of war then price will not down that deep for sure.
though war time will shutdown internet and the phase so this will take time to be used but for holding is better.

Quote
But we have seen how Bitcoin has traveled so far. We already know that many factors could have caused the decline that occurred in Bitcoin. And maybe there will be another decline later, but it won't be as big as the previous one. But if it happens again, people must be prepared and not panic so the price does not fall further.

decline will come as we are heading to Halving day that we already knew the impact, mostly dumped bad before that day or even the exact day,
because the increase will come soon.
Quote
The important thing is that if there is another decline, we must prepare ourselves to be able to buy Bitcoin at low prices. Rather than regretting it because we were late in buying Bitcoin, we should remain alert to the situation in the market. And prepare money to buy more Bitcoin.
right , take the advantage to buy when there is a deep , instead of panicking take that as advantage ..

It should be clear to us that whenever we experience a dump market season just like the one we are into currently, we are placed with a serious opportunity to accumulate bitcoin and hodl, you can't imagine if althrough have been bull market, how are we going to experience a rise in the number of intending investors to find a suitable rate of coming in when the market never fall, the more we sell the higher the investors we have who are holders and more the bitcoin market cap increases as well as it demands, which will also encourage a rise in bitcoin price.

                     but after what we all said days ago, now Bitcoin is going best with altcoins as the market shows complete green for the last 24 hours ,
I missed listening to other prominent members so I did not get the coming pump but I have acted now selling my other altcoins before the dump happens
again as we knew it coming sooner ,
for the sole purpose to Buy more bitcoin before 2nd quarter of 2024, readying to the great pump of Bitcoin .
_______________________________________________________________________________ _______________________________________________________________________

                    HODL is a most safest way but the smartest action is to Sell while it is Pumping and re purchase when dumping happens
with that action we will even make our Holding higher the value, I have seen that happening so i wanted to be smarter now and not
missing the Bullrun next year.


Title: Re: Dump market potential?
Post by: justdimin on October 25, 2023, 06:33:22 AM
In every uptrend there is correction that always follows, it is not news that in correction or dump follows when a market is done surging since those who buy at a lower price tend to exit to take profit.  A good example of this kind of scenario is when Bitcoin breaks its ATH, it is followed by a correction and bear market trend showing that a dump is inevitable after an uptrend.

The current scenario where Bitcoin rallies to $31k+ can also possibly suffer a dump due to people taking profit.

About the ongoing war between Israel and Palestine, I don't think that it will escalate to a global war because other countries will keep each other in check preventing them from directly participating and sending their troops in the ongoing war.
I agree, looking at the ongoing surge I also would expect a "correction" to happen,
Maybe soon or maybe in the short term but it does tend to happen.

Looking at the RSI currently it suggests the market is kind of over bought and generally
there follows a corresponding drop.

https://talkimg.com/images/2023/10/24/TFSJf.jpeg


I'm hold out for the "Buy the dip" moment!
Correction would not be the end of the world, it could happen and that shouldn't really change much neither, because I do not think that it would go under 28k to be fair and that's a good number. As long as it stays over 28k, that is a win in my book. We were under 26k just some time ago, it wasn't really looking good and peaking over 30k is a great feeling but even if it drops to over 28k that would be a good thing for me and I do not think that I would change that all that much.

Hopefully we could see it do a lot better eventually, but we need to end up with a lot better results for that to be legit. I think the price could also keep going higher, sure correction is a possibility but it's a possibility, whereas another possibility is to keep going higher. Seeing the price go towards 35k+ wouldn't be impossible as well and we could see it happen. That's why we should try to keep hold of it as long as we possibly could and just let it be.


Title: Re: Dump market potential?
Post by: lizarder on October 25, 2023, 03:23:29 PM
War can have a negative impact on the market regardless of whether the impact is very large or only on a small scale. If this war continues then I can't ignore that investors' fears could increase because of it, but so far bitcoin ETF and halving could drive prices higher regardless of the state of the world economy and the war.

The market needs money coming in to move the price, but war is one factor that you need to be aware of before you invest. The impact of war is bad even though the bitcoin market is currently growing, so continue to be careful and don't push too hard to ignore the potential risks.
War can hinder the circulation of money so that there is no stability which drives prices up and most investors will probably try to be careful about entering the market. There is no one definite event that can make the price of bitcoin go up or down because it needs another process as a boost, as we often hear about demand and supply which are more inclined to do it. ETFs and halvings may have an impact on price increases in the last few days or in the future before the halving is achieved, there is still a possibility that something unexpected will happen, such as price increases in the last two days.

The war will shut down many sectors and not only impact investment, perhaps other sectors will have a much greater impact. The potential risks that occur cannot be ignored and of course we have to be careful if we don't want to experience excessive panic, unless we can be patient in waiting for the price journey to the next ATH. Wise decisions can be taken in accordance with our understanding of investments responsibly because that is important to pay attention to.


Title: Re: Dump market potential?
Post by: JunaidAzizi on October 25, 2023, 04:40:12 PM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.
People who have faced inflation and find it difficult to manage the necessitates of life will think about their investment while those who have no responsibility will not think about investment as they are in vain hopes that everything is so easy and earning is not a hard thing. If someone save minimum amount each month then he will not take loan for investment but he will have amount which he can easily invest in bitcoin during dumping situations.
Actually buying lots of things cannot save you from inflation but investment can do so therefore instead of saving materials you should save money in something beneficial the value of which increases with the passage of time. Not all investment is full of profit therefore selection of investment route can also play better role in helping you during inflation.


Title: Re: Dump market potential?
Post by: arabspaceship123 on October 25, 2023, 11:38:49 PM
Yes. I also see that this leads as you said above, causing many investors and traders to be very reactive to the halving event, but usually prices rise as demand increases.
That's the dilemma faced by investors when halving FOMO takes over sensible traders. There isn't a given route halving's going to make investors a profit. Bitcoin predictors haven't been in target in the past so they could be wrong again.

Aside from this, there are also the so called influential group manipulation.  Just look how these group manipulates people sentiment.  First the release a fake news that create a sudden surge.  Then when it was found out that it was a fake news, they follow it with manipulative action of listing Blackrock ETF on the ticker index of DTCC site making people think that Blackrock ETF is possibly approved by SEC only later to be removed after stirring the market emotion to have an optimistic sentiment and possibly a FOMO which possibly create this Bitcoin market rally.  

Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.
I'm convinced it's happened before so it'll happen again. Influential group manipulation's an alternative to say ppl can set the ground for pumps.


Title: Re: Dump market potential?
Post by: TravelMug on October 29, 2023, 10:06:44 AM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.
People who have faced inflation and find it difficult to manage the necessitates of life will think about their investment while those who have no responsibility will not think about investment as they are in vain hopes that everything is so easy and earning is not a hard thing. If someone save minimum amount each month then he will not take loan for investment but he will have amount which he can easily invest in bitcoin during dumping situations.

I'm not really sure how you define a people with no responsibilities here, I mean everyone is grown up man, and with that we need to take care of our families with our investments. Even those institutions have responsibilities to their clients. So everyone should be looking and take care of their investments and it's not going to be easy in bitcoin or crypto as it has a cycle of every 4 years.

Actually buying lots of things cannot save you from inflation but investment can do so therefore instead of saving materials you should save money in something beneficial the value of which increases with the passage of time. Not all investment is full of profit therefore selection of investment route can also play better role in helping you during inflation.

Here I will agree with you, we need to be very careful on what we are going to buy. And with how the world is turning out right now, post pandemic and then the looming wars in all front, we should really be saving money for the future. And I think bitcoin is one of the best investments we could have, technically, it might not be a hedge, but at least with the coming bull run next year, it might be good to put some money on it and hope for the best in 2024-2025.


Title: Re: Dump market potential?
Post by: fzkto on October 29, 2023, 12:29:49 PM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.
People who have faced inflation and find it difficult to manage the necessitates of life will think about their investment while those who have no responsibility will not think about investment as they are in vain hopes that everything is so easy and earning is not a hard thing. If someone save minimum amount each month then he will not take loan for investment but he will have amount which he can easily invest in bitcoin during dumping situations.
Actually buying lots of things cannot save you from inflation but investment can do so therefore instead of saving materials you should save money in something beneficial the value of which increases with the passage of time. Not all investment is full of profit therefore selection of investment route can also play better role in helping you during inflation.
The whole difficulty of people who are facing inflation is that they don't have a lot of money and such people are financially illiterate. They will not try to invest money in anything to get a profit or just not to lose money. They will just buy some goods, like a car or household appliances. And those people who have a lot of money have already invested and insured their investments long ago.


Title: Re: Dump market potential?
Post by: Oneandpure on October 29, 2023, 02:09:18 PM
On hold progress with ETF approving bitcoin or not have two impact between positive side will make bitcoin raise to higher price or negative side with bitcoin will going drop, its crucial depend with ETF still hold with bitcoin approving because many people try to make speculation and sharing bad news such as last several weeks when have fake news publishing make bitcoin suddenly up and down. I think ETF need to process as soon possible with bitcoin approving or not and get impact with bitcoin will success raise to higher price or going dump, keep away with many whales or community try to make fake news exactly their position want to make easy with bitcoin up and down.

I don't see any indicate with market dump in few weeks later because still not bad news and bitcoin keep stable on higher price for giving moment close with halving actually get chance up again.


Title: Re: Dump market potential?
Post by: Fivestar4everMVP on October 29, 2023, 02:26:07 PM
Well, no doubt, some wars in the past have sometimes negatively affected the price of bitcoin, like the war between Russia and Ukraine.
But coming back to current war between Israel and Gaza, if I say that the war might not affect the price of bitcoin, then I say this probably out of over confidence or denial of what could possibly be a reality, but all the same, I honestly do not see the war as problem, even if it does get to the extent that if affects the price of bitcoin, that can only be for a small period of time, because the currently, there are several developments that are pointing to a bull run come next year, when the demand for bitcoin is very high, it will suppress all the negative impact the war could have possibly had on the price of bitcoin.


Title: Re: Dump market potential?
Post by: arabspaceship123 on October 29, 2023, 03:50:23 PM
A good way to preserve's investing but inflation fears don't help ppl who don't have spare money. Buying goods because they're fearing inflation isn't favourable shows ppl aren't living comfortable lives. Cars or household appliances are better spends than luxuries but if it isn't necessary buys they shouldn't make them.

The whole difficulty of people who are facing inflation is that they don't have a lot of money and such people are financially illiterate. They will not try to invest money in anything to get a profit or just not to lose money. They will just buy some goods, like a car or household appliances. And those people who have a lot of money have already invested and insured their investments long ago.


Title: Re: Dump market potential?
Post by: milewilda on October 29, 2023, 08:23:30 PM
I also think there is always dump potential and not only because of wars around the world. World is literally heading towards unemployment and recession so I am very doubtful how much loans people can take and how much money people can save and invest in Bitcoin. In some countries people are literally buying food and toilet paper and other type of necessary goods with long shelf life to protect themselves from inflation. For Bitcoin to take off and fly, we need more people with savings that will buy.
People who have faced inflation and find it difficult to manage the necessitates of life will think about their investment while those who have no responsibility will not think about investment as they are in vain hopes that everything is so easy and earning is not a hard thing. If someone save minimum amount each month then he will not take loan for investment but he will have amount which he can easily invest in bitcoin during dumping situations.
Actually buying lots of things cannot save you from inflation but investment can do so therefore instead of saving materials you should save money in something beneficial the value of which increases with the passage of time. Not all investment is full of profit therefore selection of investment route can also play better role in helping you during inflation.
The whole difficulty of people who are facing inflation is that they don't have a lot of money and such people are financially illiterate. They will not try to invest money in anything to get a profit or just not to lose money. They will just buy some goods, like a car or household appliances. And those people who have a lot of money have already invested and insured their investments long ago.
Financial literacy would really be that needed for you to be able to do sensible things when it comes to investment and when it comes to business making on which you would really be thinking up for your future since you've been wary about on how economic situations becomes worst overtime or year by year basis on which it would really be just that normal that you would really be needing to find ways and methods on which you could really be able to earn more so that you wont really be that minding or really that worrying whether you could really be able to survive or not. For those who dont really care and just really that minding about their leisure stuffs and wishes via buying those liabilities then they would really be that aiming for buying those things no matter what but sooner or later they would really be making realizations that they shouldn't made out such decision.

It isnt really that bad on making yourself that having those kind of wishes or targets yet each of us does have that kind of target on owning something but it would be ideal that it should be
done on controlled manner or else then you would really be finding yourself to be struggling once do problems do exist or would really be starting.
Dumping market potential? You would really be needing to make yourself wary with those possibilities within the market considering that most of the time it would really be  that
needing for you to secure your profits and then buyback when it dips.


Title: Re: Dump market potential?
Post by: South Park on October 31, 2023, 08:58:23 PM
The whole difficulty of people who are facing inflation is that they don't have a lot of money and such people are financially illiterate. They will not try to invest money in anything to get a profit or just not to lose money. They will just buy some goods, like a car or household appliances. And those people who have a lot of money have already invested and insured their investments long ago.
And that is the way governments want it, if all of a sudden people in general understood the horrible deal they got with fiat currencies then no one will hold them for any period of time and they will buy assets which are known to be a store of value, so we must understand that people like us are in fact rare and probably consist of no more than 5% of the population, and in a way this could explain why the adoption of bitcoin is still relatively low, especially if we think about the benefits holding bitcoin could bring to all of those people.


Title: Re: Dump market potential?
Post by: YUriy1991 on November 06, 2023, 04:22:42 AM
And that is the way governments want it, if all of a sudden people in general understood the horrible deal they got with fiat currencies then no one will hold them for any period of time and they will buy assets which are known to be a store of value, so we must understand that people like us are in fact rare and probably consist of no more than 5% of the population, and in a way this could explain why the adoption of bitcoin is still relatively low, especially if we think about the benefits holding bitcoin could bring to all of those people.

Regarding adoption, it is not yet optimal because it is in its growth period, well, For BTC to grow quickly it will require more people to get in and care about it or invest at an institutional level. What makes bitcoin valuable is the hype that it could one day compete with the dollar as a stable form of currency. What is certain is that the reason why only a small population adopts BTC is not because they like it, but because they understand the nuances and investment trends that mean where we will become a believer in bitcoin technology is after they buy some.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I think it is normal for a Dump to occur but the high level of volatility and bull market in this asset has attracted many people to look at Bitcoin.


Title: Re: Dump market potential?
Post by: boltz on November 16, 2023, 07:07:08 PM
Yes. I also see that this leads as you said above, causing many investors and traders to be very reactive to the halving event, but usually prices rise as demand increases.
That's the dilemma faced by investors when halving FOMO takes over sensible traders. There isn't a given route halving's going to make investors a profit. Bitcoin predictors haven't been in target in the past so they could be wrong again.

Aside from this, there are also the so called influential group manipulation.  Just look how these group manipulates people sentiment.  First the release a fake news that create a sudden surge.  Then when it was found out that it was a fake news, they follow it with manipulative action of listing Blackrock ETF on the ticker index of DTCC site making people think that Blackrock ETF is possibly approved by SEC only later to be removed after stirring the market emotion to have an optimistic sentiment and possibly a FOMO which possibly create this Bitcoin market rally.  

Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.
I'm convinced it's happened before so it'll happen again. Influential group manipulation's an alternative to say ppl can set the ground for pumps.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 


Title: Re: Dump market potential?
Post by: Hamphser on November 16, 2023, 07:38:12 PM
Yes. I also see that this leads as you said above, causing many investors and traders to be very reactive to the halving event, but usually prices rise as demand increases.
That's the dilemma faced by investors when halving FOMO takes over sensible traders. There isn't a given route halving's going to make investors a profit. Bitcoin predictors haven't been in target in the past so they could be wrong again.

Aside from this, there are also the so called influential group manipulation.  Just look how these group manipulates people sentiment.  First the release a fake news that create a sudden surge.  Then when it was found out that it was a fake news, they follow it with manipulative action of listing Blackrock ETF on the ticker index of DTCC site making people think that Blackrock ETF is possibly approved by SEC only later to be removed after stirring the market emotion to have an optimistic sentiment and possibly a FOMO which possibly create this Bitcoin market rally.  

Any sudden increase in price is always subject to correction, so I think sooner or later we can see a dump when people realized that they have been played by the market manipulation of some people and when investors take their profit after this surge.
I'm convinced it's happened before so it'll happen again. Influential group manipulation's an alternative to say ppl can set the ground for pumps.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 
There's no such thing about being on point on which knowing on what are the things you've been dealing with will really be always recommended for you to realize while you are hovering yourself here on this space.

Market is really that unpredictable and there's no way that you could really be able to make out analysis which are on point or precise.Everything would really be that a speculation.
This is why it would really be that ideal that you shouldn't really be that too positive on your analysis because it could neither be that giving those good results or would really be that totally opposite.
You cant really that make yourself that too confident on dealing up with this market but well, handling up and sustain should really be your main priority.

You cant really be that too confident for this market, always set up some plan B's or C's whenever your A do really fail.It could happen anytime
and this is why it would really be sensible on having this kind of approach.


Title: Re: Dump market potential?
Post by: Natalim on November 16, 2023, 09:55:58 PM
Well, no doubt, some wars in the past have sometimes negatively affected the price of bitcoin, like the war between Russia and Ukraine.
But coming back to current war between Israel and Gaza, if I say that the war might not affect the price of bitcoin, then I say this probably out of over confidence or denial of what could possibly be a reality, but all the same, I honestly do not see the war as problem, even if it does get to the extent that if affects the price of bitcoin, that can only be for a small period of time, because the currently, there are several developments that are pointing to a bull run come next year, when the demand for bitcoin is very high, it will suppress all the negative impact the war could have possibly had on the price of bitcoin.
It was almost a month since OP posted this topic but too fortunate that instead of thinking about a dumping scenario, the market has been pushing upwards. I'd say that the war has little to nothing effect on the market, the growing price of Bitcoin literally means that people had never been thinking about the war but thinking about how to grow their income. It means that the market is not disturbed by the recent conflicts, and business continues.


Title: Re: Dump market potential?
Post by: Renampun on November 16, 2023, 10:50:19 PM
(......)
Some people are saying there is possibility that third world war has begun, but which I will not believe for it not to affect my bitcoin investment.
This will not happen anymore, that's for my own opinion.
And just in case it happens, Bitcoin will not get affected or it will dump. As you can see, Bitcoin is a worldwide acceptable currency, so I can assume that no dumping effect on it because no one will attack Bitcoin, Bitcoin for sure will be just used by the majority.

If the third world war happens, is it safe to keep money in the bank or gold at home? of course not, meanwhile if when a war happens we save bitcoin as a protector of the value of our money (the impact of war will not dump the price of bitcoin), that actually benefits us a lot, we can save the bitcoin we have wherever it is. Bitcoin is the best investment asset at the moment, as long as you keep your wallet password and private key well then you don't need to worry about anything that will happen in this world, just go to a safe place then your Bitcoin will be safe with you on your smartphone or in your hardware wallet.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 17, 2023, 12:49:38 AM
I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 


Title: Re: Dump market potential?
Post by: Smack That Ace on November 17, 2023, 02:43:17 AM
I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

At this time, there are a lot of questions about whether to buy bitcoin now or not, and they often come from newbies. Although bitcoin has increased significantly over the past few months, I think giving advice to others to buy now is not Fomo. Because as we know, bitcoin is very unpredictable, no one can be sure whether it will correct or will continue to increase to 40k, 45k$ in the coming days. So it's not necessarily wrong for people to buy now as long as they hold for the long term and will only sell during the next bull season.

I think if we don't buy right away and wait, that's also a risk because there's no guarantee bitcoin will correct. So every decision depends on each person's strategy. If it were me, I would still buy at this price.


Title: Re: Dump market potential?
Post by: carlfebz2 on November 17, 2023, 10:41:55 AM
I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

At this time, there are a lot of questions about whether to buy bitcoin now or not, and they often come from newbies. Although bitcoin has increased significantly over the past few months, I think giving advice to others to buy now is not Fomo. Because as we know, bitcoin is very unpredictable, no one can be sure whether it will correct or will continue to increase to 40k, 45k$ in the coming days. So it's not necessarily wrong for people to buy now as long as they hold for the long term and will only sell during the next bull season.

I think if we don't buy right away and wait, that's also a risk because there's no guarantee bitcoin will correct. So every decision depends on each person's strategy. If it were me, I would still buy at this price.
Always something like this on which we would really be that having that question on which neither we should be buying or needing to wait specially on a certain condition. Due to lack of experience and knowledge
then most newbies would really be that too impulsive when dealing up with things until they would realize that they had missed out the opportunity on buying cheap and they would really be buying when its pumping. This is really a common scenario that we could have on this market on which there would really be ups and downs and if you are really that missing up on taking actions just because you are really that in doubt or having those hesitance then it would be your choice, sometimes it might be leading up as a good call and sometimes it would really be causing for missing out opportunities.

Dump market potential? Always assume that this could really happen anytime because news and sentiments could really pop out like mushrooms on which it is really that hard to predict on where it would really be actually going. If you wont really be taking up some risks on buying then there's no way that you could really be having that potential on making profits if you wont really be
making such step. Outcomes or results would really vary into each individual since not all would really be having on the same mindset and approach on things.


Title: Re: Dump market potential?
Post by: Sunderland on November 17, 2023, 11:05:35 AM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 17, 2023, 12:57:14 PM
There's a problem with cryptos when it's value get affected by whales dumping. Some investors want to buy at halving so they'll hodl but if whales decide to sell it's going to making it dumping season. Smaller investors usually find it's them who's losing money because of the dumping. This year's nearly done so without a bullish period dumps won't happen.

Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.


Title: Re: Dump market potential?
Post by: Ricardo11 on November 17, 2023, 01:40:38 PM
Currently the market is not dumping at all. Because Bitcoin is now on a growth path.  The value of Bitcoin is increasing now. The Bitcoin market is pumping right now. It will probably leave 45k to 50k. Because Bitcoin's price growth rate is very good. I think this time bitcoin price will break 50k.
Dump market not potential


Title: Re: Dump market potential?
Post by: bitgolden on November 17, 2023, 08:02:23 PM
There's a problem with cryptos when it's value get affected by whales dumping. Some investors want to buy at halving so they'll hodl but if whales decide to sell it's going to making it dumping season. Smaller investors usually find it's them who's losing money because of the dumping. This year's nearly done so without a bullish period dumps won't happen.
I do believe that it will not be impacted all that much until the halving, there could be some small falls but I think if we could just take advantage of them like we did last time, we should be fine. We have gone above 37k, then went to 35k and in a single day went back to above 37k, which is the situation we need whenever there is a fall, we need to end up with a better approach to it and we need to expect the best from it. That will certainly allow you to do better.

Many people are fearing a drop, but you should not fear it, you should welcome it and embrace it and just take advantage of it. Remember, it's the falls at the price that allows us to buy cheaper and make a quicker profit when the price recovers.


Title: Re: Dump market potential?
Post by: kentrolla on November 17, 2023, 10:41:43 PM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

At this moment even I don't foresee any massive dump but it's time for those who have invested into Altcoins to be on the toes and trade with stop loss because we have noticed today was not a good day for altcoins as we have seen some drastic dump in similar manner of their pump. But, If Bitcoin manages to cross $45k by end of November  then we might have further price increase.


Title: Re: Dump market potential?
Post by: STT on November 17, 2023, 11:37:42 PM
Its not especially dangerous, profit taking sure but fear potential I dont see as especially justified.  My main reasoning quite basic is that Dollar Index is in decline since October start which helps reinforce alot of positive thinking possible and various scenarios.


Title: Re: Dump market potential?
Post by: ivankoh on November 17, 2023, 11:49:53 PM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Totally agree. I think the crypto winter is already in the thawing stage, there is no reason to pump and dump bitcoin at this stage. Maybe many whales think independently, but I think the trend of holding bitcoin is very strong. And even if they want to devalue bitcoin, whales must consider the general market sentiment.


Title: Re: Dump market potential?
Post by: rodskee on November 18, 2023, 12:39:51 AM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
While you said that there are confusion yet there are comes the increase mate and yes
 week after you put this post here the market spikes and break 37k and still holding on that level things that seems
 to be opposite from what you tries to explains here. so basically this turns FUD for me.
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.

At this moment even I don't foresee any massive dump but it's time for those who have invested into Altcoins to be on the toes and trade with stop loss because we have noticed today was not a good day for altcoins as we have seen some drastic dump in similar manner of their pump. But, If Bitcoin manages to cross $45k by end of November  then we might have further price increase.
But it gave me some doubt yesterday as the price starts to lower but you are correct there might
be no reason for dumping any time soon so either Bitcoin or altcoin what we are seeing to be important here is the market shows
strong hold in 30k area .


Title: Re: Dump market potential?
Post by: philipma1957 on November 18, 2023, 01:25:05 AM
I've been reading posts in this forum from ppl who aren't experts in cryptos or finances but they're asking ppl to buy because the price's going high. They shouldn't spread FOMO but they're doing it because they've already bought their own bitcoin so they're trying to get other ppl to fall in to FOMO.

FOMO will always find new people to attract and will always target those who do lack the patience , who lack discipline and like you said , the sensible traders. Well , it's true that most of the Bitcoin predictions weren't on point but personally I do remember some people actually making accurate prediction of what Bitcoin could do and what target it could reach during the next bull run. ( predicting Btc price is almost impossible but it's worth trying)

Regarding dump chances , I personally do not think we will see another dump in price before Bitcoin makes a sudden rise in price that will require a correction but until then , I cannot see Bitcoin going under 34k during this year and the next one as well. 

You could think that or they could simply be pointing out past surges which if we follow surely means an ath in late 2024 or early 2025.

The question is why are you being negative? Not why are they being positive.

What makes you think the pattern fails to repeat?

Mind you sometime this happens I am interested in why you think we crash soon and dont go to 42-45k by dec 31 this year.


Title: Re: Dump market potential?
Post by: fullhdpixel on November 18, 2023, 08:31:01 AM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
We are not yet in the real bull run, so I agree that it was still safe to buy, however I disagree with you when you say that " don't dream ". There is nothing wrong in dreaming anyway, even though most of it are only fictional. It only gives us a good feeling and also a motivation to improve the thing that we are currently doing.

Besides, the crypto market is highly unpredictable, so who knows? What if there is a massive pump that suddenly came in? We can also say that it may not happen this year but many believes that it will occur for real next year. After it, maybe we can experience a bear market again, because that's usually how this market works.


Title: Re: Dump market potential?
Post by: GigaBit on November 18, 2023, 01:20:35 PM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Since we are seeing a long-term dump of all currencies including Bitcoin from 2021, a pump is more likely happen. If not pumped at this time it can stay in one position for quite some time but a major dump is unlikely. However, there is nothing to do if the market turns at any time. Generally if we consider ups and downs then current time is more likely to be bullish. We are almost at the end of this year and the market will be bullish rather than bearish as the Bitcoin halving takes place next year. Meanwhile, there is a kind of enthusiasm among the entire crypto community and institutional investors in the market is increasing, so we can say without a doubt that we are heading towards a strong bull market.


Title: Re: Dump market potential?
Post by: fzkto on November 18, 2023, 02:24:06 PM
Always DYOR, time to buy = Yes with note do not dream it will double, triple or more from the money you invest on BTC today.
The crazy spike wont happen at this year, be patient for 2-3 years ahead and it will pays.

Massive dump should be not happen this year, whales might pump and dump on other coins but not on BTC anymore.
Since we are seeing a long-term dump of all currencies including Bitcoin from 2021, a pump is more likely happen. If not pumped at this time it can stay in one position for quite some time but a major dump is unlikely. However, there is nothing to do if the market turns at any time. Generally if we consider ups and downs then current time is more likely to be bullish. We are almost at the end of this year and the market will be bullish rather than bearish as the Bitcoin halving takes place next year. Meanwhile, there is a kind of enthusiasm among the entire crypto community and institutional investors in the market is increasing, so we can say without a doubt that we are heading towards a strong bull market.
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.


Title: Re: Dump market potential?
Post by: taufik123 on November 18, 2023, 03:07:26 PM
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
The decline is certain, because every high increase there will be a significant decrease.
Those are signs of a healthy market, if it continues to rise without any decline it will be dangerous, and it is already in FOMO,
whoever tries to enter, he will fall behind.

Halving is a sign that the market trend is about to change, a new cycle is about to begin.

Whales will never stop looking for profit under any circumstances.
They will do a lot of manipulation so that they can get a cheaper price.
Follow the Whales and don't go against the created current.


Title: Re: Dump market potential?
Post by: Andrija Branislav on November 18, 2023, 03:42:13 PM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

And that's the reality before our eyes. yes. Market and geopolitical factors are always linked and create volatility. I think the problem is just a few squares and indeed the issue of war has had a big impact on market expectations of course and I think investors will take a break and switch temporarily to assets that are considered more stable in facing global conflict situations. But my filing said that in the end Bitcoin was also what they chose later.


Title: Re: Dump market potential?
Post by: adultcrypto on November 18, 2023, 04:10:43 PM
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
Are you by any means saying.that it will be an abnormally for the bull run to start from 2023? Could that mean that you are confirming that the recent rise in price could be a bull trap? Well, you must understand that nothing is fixed in the market. According to the four years cycle, the bull run is expected to start from 2025, a year after the halving. I'm very optimistic that this will not be the case this time. The market might be quite predictable but a lot of factors are already at play now. Bitcoin have gained huge popularity and interest even from.big capitals, so the bull run can start anytime there is sufficient financial injection into the market.
 
In my opinion, the recent move by the market is already an indication that the bull are present in the market. So I would expect much down side movement before the halving and beyond.


Title: Re: Dump market potential?
Post by: _BlackStar on November 18, 2023, 06:59:53 PM
-snip-
Throughout bitcoin's history, there have been halving cycles roughly every four years. If growth began in 2023, then the current cycle will be broken for one year. Therefore, it seems to me that the current bitcoin growth will not be complete and there will be a fall before the halving. But there could be an altseason.
It might be reasonable to say that 2023 is the year of bitcoin price recovery after experiencing a bearish year in 2022. Market recovery and rising capitalization have been ongoing throughout this year - but there is always a correction that is impossible to avoid.

Correction before the halving is possible - but consider it a normal part and not a problem. However I tend to expect bitcoin to break resistance above $40K by the end of the year allowing the trend to remain bullish until its latest ATH. Be optimistic about the future instead of placing more doubt on it - then don't let yourself think a correction is part of the problem that is bad for bitcoin and others.


Title: Re: Dump market potential?
Post by: cryptoknightt on November 19, 2023, 09:58:37 AM
I predict that war will be created to do things like this, create all this chaos and of course there will be those who benefit and lose from this chaos, one alternative that investors use is to look at market conditions simultaneously, they see and compare which sectors have the most affected by this, I think they will come in and out when it's time.
because without volatility it will be difficult to make money.


Title: Re: Dump market potential?
Post by: G_Besar on November 19, 2023, 02:59:49 PM
I predict that war will be created to do things like this, create all this chaos and of course there will be those who benefit and lose from this chaos, one alternative that investors use is to look at market conditions simultaneously, they see and compare which sectors have the most affected by this, I think they will come in and out when it's time.
because without volatility it will be difficult to make money.

Investors who already have experience in reading the market and seeing market conditions quite well will know better how to take advantage of certain moments to make money, because they are not so panicked by falling prices in the market. Even those who like long-term investments are always more grateful when they see a decline in the price of the asset they like in the current market if they have the intention to buy again in a larger amount.

War is a very bad thing for the economy and markets, and I think not all investors want to expect that to happen even though they very often take advantage of falling prices in the market to gain more profits later. Because if uncertain chaos can continue to occur and can affect the market in the long term, I think investors will also be very bored with this because they will not always be able to reap profits in such unsafe conditions.


Title: Re: Dump market potential?
Post by: mirakal on November 19, 2023, 11:21:09 PM
War has been an agony with these past few months, and the more wars will happen, the higher chances bitcoin will be affected. But I'm not saying that in every war, it creates disastrous effects to bitcoin and the crypto market. Some wars don't even affect the bitcoin price at all. But if there's any, that would only be temporary and it would recover again the soonest.

However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.


Title: Re: Dump market potential?
Post by: taufik123 on November 20, 2023, 03:13:52 PM
-snip-
However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.

The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.


Title: Re: Dump market potential?
Post by: kro55 on November 20, 2023, 03:22:54 PM
-snip-
However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.

The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.

It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.


Title: Re: Dump market potential?
Post by: erep on November 20, 2023, 08:59:34 PM
It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
Fluctuation markets will be vulnerable to external influences related to the global economy during inflation from the impact of the Russian and Ukrainian wars, but crypto prices have achieved an increase of %100+ in the last 2 months and the crypto market proves that the influence of inflation cannot forever stress crypto market prices, so many Other factors supporting Bitcoin's rise to reach high prices include news related to official ETF approval next year and many other news that have a positive impact on the potential for price increases to reach a new ATH in the next few years.


Title: Re: Dump market potential?
Post by: Mahanton on November 20, 2023, 09:23:24 PM
-snip-
However, I don't see it a barrier investing with wars happening in some countries. As long as it does not affect mine, then I'll continue to invest and accumulate maximum amount of bitcoin if there are opportunities. One certain thing  I learned from all these wars and the incoming wars, those wars will not leave long lasting effect on our investments particularly bitcoin. So just keep the stamina to invest and never quit, you will still come up successful whatever your investment is.

The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.

It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.

Dump market potential? It is really that always possible or could really happen anytime. Lets say that economical news  doesnt really give out that much effect? Think again.
Now that intitutional funds are circulating around crypto market space then expect that these things would really be something relevant or something that would really be
giving out that kind of reaction on which it is really just that something right that we should know on how to make up decisions varying
into it.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 20, 2023, 10:26:39 PM
You could think that or they could simply be pointing out past surges which if we follow surely means an ath in late 2024 or early 2025.
I can't say surely because there isn't a guarantee it's going to happen. It isn't a fact it's going to happen so if bitcoin doesn't get ATH what are ppl going to do. I know they're pointing to past surges or ATH but it doesn't mean their enthusiasm's correct.

The question is why are you being negative? Not why are they being positive.
I wouldn't say I'm being negative. I'm cautious because I don't believe FOMO's the reason why ppl should invest in bitcoin.

What makes you think the pattern fails to repeat?

Mind you sometime this happens I am interested in why you think we crash soon and dont go to 42-45k by dec 31 this year.
You've said it yourself it sometimes it happens so that's why I've said the pattern can fail to repeat. I don't see any negativity if I'm being cautious. I'll be happy if bitcoin becomes $42k or $45k.


Title: Re: Dump market potential?
Post by: kro55 on November 21, 2023, 02:57:48 AM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.


Title: Re: Dump market potential?
Post by: Out of mind on November 21, 2023, 04:05:47 PM
The halving of the Bitcoin market is not very long due to which its value is increasing tremendously. Moreover, currently we have seen that the Bitcoin market has gone to a good high position which was not there before, the green candlesticks in the market are looking very good. We think that Bitcoin price will develop further in 2024 as Bitcoin price has increased a lot before the end of 2023. Accordingly, Bitcoin price is likely to be in a good position when we are in a halving situation. As the price of Bitcoin is currently bullish, we can be sure that 2024 has good things in store for Bitcoin. When the ETF contract signings are completed, the price of Bitcoin will increase more rapidly, and we may see a bull market when the price of Bitcoin continues to gradually move higher.


Title: Re: Dump market potential?
Post by: Hypnosis00 on November 21, 2023, 09:48:58 PM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.
This is also a factor why we can't see the price of Bitcoin become stable and with a lot of factors influencing the market and minds of the people, we can't expect that all of us will just hold as some people will also sell. With the status of Bitcoin's popularity, it has indeed continued growing but we should not be afraid if ever the dump comes because it will certainly be rising back just like before. I think we accept the fact that the market is becoming more volatile than before and we can no longer expect that what happened in the past will be the same for the coming days.


Title: Re: guilty plea
Post by: STT on November 22, 2023, 07:53:35 AM
CZ resigned from Binance has some dump potential.   News article says he is facing a year plus sentence and had to post a bail amount in the 9 figures size.   I dont know thats true but the disruption of a major crypto company could be enough to pause any buying and trigger a swing to selling.   The ETF refusal or delay is another reason, against that is the backdrop of the dollar index in some decline still which doesnt support a generally negative view unless it also switches its behavior hence I think any sell is smaller rather then larger.  

https://twitter.com/cz_binance/status/1727063503125766367?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1727063503125766367%7Ctwgr%5Ef3f54008a8152da96a1682487fee26e7b25e958d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.fxstreet.com%2Fcryptocurrencies%2Fnews%2Fbreaking-cz-confirms-resignation-as-ceo-takes-responsibility-for-wrongdoing-and-says-binance-is-not-a-baby-202311212042


Justice department and partners announce cryptocurrency enforcement actions  - $4.3bn
https://www.youtube.com/watch?v=_XEVCOhtLac


Title: Re: Dump market potential?
Post by: kro55 on November 22, 2023, 08:03:14 AM
snip
I could say that Bitcoin market had never been that reactive if we do speak into those early years on which sentiments and fundamentals doesnt really give out that kind of effect on crypto space
but now that institutional funds and investment do set in, then it do really turns out that it is really that making out reactions whenever we do see those economic news on which basing up into my own
understanding and analysis that it is one of the main reasons on why it is really that taking effects in regarding with these economic type of news.


That's the price we have to pay if we want bitcoin and cryptocurrencies to become more popular. When not too many people know about the market, it will be less affected by external influences, but when it becomes popular and many organizations and governments participate in the game, it will be affected a lot from outside is inevitable. We cannot be too greedy to want it to become popular but completely separate from the world, that is impossible because this world is completely controlled by humans, bitcoin is just a market, a type of asset used by humans.
This is also a factor why we can't see the price of Bitcoin become stable and with a lot of factors influencing the market and minds of the people, we can't expect that all of us will just hold as some people will also sell. With the status of Bitcoin's popularity, it has indeed continued growing but we should not be afraid if ever the dump comes because it will certainly be rising back just like before. I think we accept the fact that the market is becoming more volatile than before and we can no longer expect that what happened in the past will be the same for the coming days.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.


Title: Re: guilty plea
Post by: Yaunfitda on November 22, 2023, 09:45:47 AM
CZ resigned from Binance has some dump potential.   News article says he is facing a year plus sentence and had to post a bail amount in the 9 figures size.   I dont know thats true but the disruption of a major crypto company could be enough to pause any buying and trigger a swing to selling.   The ETF refusal or delay is another reason, against that is the backdrop of the dollar index in some decline still which doesnt support a generally negative view unless it also switches its behavior hence I think any sell is smaller rather then larger.  

https://twitter.com/cz_binance/status/1727063503125766367?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1727063503125766367%7Ctwgr%5Ef3f54008a8152da96a1682487fee26e7b25e958d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.fxstreet.com%2Fcryptocurrencies%2Fnews%2Fbreaking-cz-confirms-resignation-as-ceo-takes-responsibility-for-wrongdoing-and-says-binance-is-not-a-baby-202311212042


Justice department and partners announce cryptocurrency enforcement actions  - $4.3bn
https://www.youtube.com/watch?v=_XEVCOhtLac
Yeah, however, it didn't deter the market for now, I mean we have reach $37k and then we are in the mids $36k. If this news has a negative impact by now we should be seeing the market going into a dump state, but so far not of this is happening.

But I do agree that this is a breakout news, hopefully we will survived with this kind of negative media.

And there is also speculation that BlackRock has something to do with it, but I don't know, this huge entities have their own narratives behind so we don't know who's who behind the attacks on Binance, it is just SEC or some big entities as well and wanted to take them down.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 22, 2023, 10:59:50 AM
I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.


Title: Re: Dump market potential?
Post by: fuguebtc on November 22, 2023, 12:18:05 PM
I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.

I even think that if bitcoin is dumped then not only should we not panic but instead we should get excited and buy more of it. If we want big profits then buying low and selling high is the right thing to do, it is not the time to panic. But I disagree with you that the market is becoming more volatile. The market is gradually becoming more stable as it becomes more popular and larger. It's easy to see that bitcoin is bringing less and less profit, we no longer see bitcoin increasing by 10000% or 1000% but instead by x2, x3. And this number will get smaller as bitcoin gets bigger.

Do you want to receive high profits? Do you want to accumulate more bitcoins and most importantly, do you believe in the future of bitcoin? If you have those, why would buying at a low price be bad for you? The people who make the highest profits in the market are those who take risks. Those who were fearless and bought bitcoin when it dropped to $15k last year are reaping huge profits. While those who started buying when bitcoin prices started to rise are still losing money. Fomo or Fud are both things the market needs so we can buy low and sell high. Why are you afraid of Fomo?


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 22, 2023, 01:01:43 PM
Buying at low price isn't bad but buying before the market's bottomed out is a very bad idea. The ppl you're mentioning who've taken risks must be in a position where they're able to absorb losses or else they wouldn't take big risks.

I don't agree with you because FUD and FOMO isn't the best time to buy or sell bitcoin because ppl should invest at the right time.

I'm not afraid of FOMO I'm advising ppl to buy when they're comfortable I don't want ppl to buy when other ppl have bought it only to encourage others to copy them.

I can't agree with your assessment because if bitcoin's dumped we shouldn't be excited. It isn't sensible for you advising ppl to buy bitcoin if it's being dumped. When we're looking at a volatile market it's worrying if ppl start buying bitcoin because they're reading posts encouraging them to take risks.

FOMO's spread out of control here.
Do you want to receive high profits? Do you want to accumulate more bitcoins and most importantly, do you believe in the future of bitcoin? If you have those, why would buying at a low price be bad for you? The people who make the highest profits in the market are those who take risks. Those who were fearless and bought bitcoin when it dropped to $15k last year are reaping huge profits. While those who started buying when bitcoin prices started to rise are still losing money. Fomo or Fud are both things the market needs so we can buy low and sell high. Why are you afraid of Fomo?


Title: Re: Dump market potential?
Post by: lixer on November 22, 2023, 01:31:46 PM
The war did have a short-term effect on crypto, such as the Russia and Ukraine war, the price of Bitcoin had plummeted and even crashed due to the beginning of the war and high inflation made central banks in almost all over the world, especially developed countries that were previously dovish, immediately turned hawkish.

They also raised interest rates on the pretext of taming inflation.
Because of this interest rate increase, Bitcoin CS was disrupted and crashed.

When the Russia-Ukraine war happened, many people changed their views about investment, where previously many people were hunting for risky assets,
after the war they tended to play it safe by investing in safe haven assets.

But during the Israel and Palestinian War, Bitcoin assets were not greatly affected because Bitcoin seemed to adapt to the state of war and people started learning from previous war states.

Now even the price of Bitcoin is rising and entering a bullish trend, able to hold above the price of $ 30k and become a strong support.
and some Volunteer Organizations also do Crowdfunding by asking for donations using cryptocurrencies and much give in the form of BTC, ETH, LTC, DOGE etc.
It can be said that bitcoin is also a part of the economy, so there will definitely be negative/positive impacts if the world economy has problems. But those effects will not last forever, one day bitcoin will gradually escape the effects and recover. That's also what happened when the war between Russia and Ukraine was still tense, the world economy was still bad but bitcoin had recovered more than 100% of its value since its lowest price. So let's not let those effects affect our psychology and bitcoin investment.
Bitcoin is not a part of the economy because it isn't legalized or recognized as a legal tender in all countries except for one or two, and something that doesn't have a legal existence in a country cannot be a part of its economy. People buying and selling Bitcoins in online exchanges aren't adding or taking anything from the economy. So, I don't think that we can consider Bitcoin a part of an economy when it's not yet legalized and isn't regulated by the authorities.

Wars might affect the price of Bitcoin and the market because people in countries that are at war might think of using Bitcoin as a way to save their wealth or savings from getting devalued and we know when the demand increases all of a sudden, the price of Bitcoin tends to increase as well based on the rule of supply and demand.


Title: Re: Dump market potential?
Post by: danadc on November 22, 2023, 03:15:24 PM
The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.


Title: Re: Dump market potential?
Post by: EarnOnVictor on November 22, 2023, 07:10:24 PM
-snip-
I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
Markets are funny, and a surprising move is what Bitcoin would do in the face of any sectional war.

Just like it behaved in the wake of the Israel-Hamas escalation when it sold sharply but later recovered sharply after a few days. This way also did risk-on asset behaved, and in my experience, they do not get to hold so long bearish due to war between two nations. No matter what happens even if the Israel-Hamas war escalates to other regions, Bitcoin will survive it, after all, most people investing in Bitcoin are not from the regions, it's only a fraction of them that are there.

Even at that, the crypto assets of the investors there will still be intact, which is why I said that the market is funny, it will interpret it rightly over time and subdue any negative effects. The first interpretation might not be in favour but the market would quickly outweigh the effect and price it in quicker than thought. It's only the third world war that I know that might shake Bitcoin so much, not a sectional war like that.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 22, 2023, 10:28:39 PM
If ppl don't sell they're a minority who've got money to invest. All investors aren't able to hodl even if they're patient because their priority goes to paying bills. I'm trying to stack sats because it's all I can do. I'm not in a position to buy Bitcoin because it doesn't matter how fruitful the investment looks I don't have enough money.

The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.



Title: Re: Dump market potential?
Post by: YUriy1991 on November 23, 2023, 04:33:43 AM
I predict that war will be created to do things like this, create all this chaos and of course there will be those who benefit and lose from this chaos, one alternative that investors use is to look at market conditions simultaneously, they see and compare which sectors have the most affected by this, I think they will come in and out when it's time.
because without volatility it will be difficult to make money.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.


Title: Re: Dump market potential?
Post by: naikturun on November 23, 2023, 05:39:52 AM
If we look at previous cases, we see that Covid is hampering world economic growth, even in crypto too, but it only slows it down, doesn't cancel what should happen (bullmarket).
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 23, 2023, 08:51:08 AM
The problem with short sales is that it isn't guaranteed. If ppl buy with the intentions of selling quick to make smaller profits there's a possibility it won't work unless they hodl.

It's a decision for an investor to make but there's always going to be cases involving fake news or real worldly events which's going to make ppl reconsider their investments.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.


Title: Re: Dump market potential?
Post by: asrinur on November 23, 2023, 11:13:16 AM
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.
I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.


Title: Re: Dump market potential?
Post by: Hamphser on November 23, 2023, 11:36:11 AM
I predict that war will be created to do things like this, create all this chaos and of course there will be those who benefit and lose from this chaos, one alternative that investors use is to look at market conditions simultaneously, they see and compare which sectors have the most affected by this, I think they will come in and out when it's time.
because without volatility it will be difficult to make money.

We will not have control over the price when we want to buy some BTC. A smarter play is to play short when the price reaches resistance. Apart from that, what makes the market volatile is that mass sales (whale sales) also have the potential to cause a deeper market fall, especially if accompanied by fake news. This is where it is important to read and understand market conditions for decision making so that you don't make mistakes to make money as stated above.

Or simply via technical approach on which this would really be the most common way on dealing with the market on which you would really be basing up on TA.  We would really be able to notice if we are really that approaching on some technical analysis on which it might be a sweet spot to look for some confirmation of those indicators before making such step. We do know that this market cant really be precisely be predicted
on making use of TA and this is why it would really be that always random if we do speak about outcomes or results yet there would really be different factors on which it would really be affecting
the overall outcome of this space.

Dump potential? It could be
Pump potential? Likewise.

This is why making up decisions would really be entirely be depending on you as a trader/investor. We do have different ways on how to assess things whether we should be making some
move or would really be just that waiting for the right opportunity. Success will really matter on how well you would be handling yourself into this unpredictable market.


Title: Re: Dump market potential?
Post by: DanWalker on November 23, 2023, 11:38:50 AM
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.
I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.

I disagree, the war between Russia and Ukraine has pushed the world crisis and inflation to the highest level because this is not just a simple war between two neighboring countries but a war between two superpowers Russia and the United States. So it would be misleading to say that it does not affect bitcoin and cryptocurrencies, it even heavily affects risky assets like cryptocurrencies and stocks. Meanwhile, the war between Israel and Palestine is smaller in scale, so we are less affected.

But bitcoin and the market quickly adapted to things and recovered quickly this year. Bitcoin is already a part of the world economy, so if the world economy has problems, bitcoin will definitely be affected. Bitcoin is not separate from the world and immune to everything.


Title: Re: Dump market potential?
Post by: Davian144 on November 23, 2023, 02:06:34 PM
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.
Why do you associate the crypto market with the war conditions taking place in Israel and Palestine? I think the impact that the crypto market will have on the conditions of the war between Israel and Palestine will not be that much even though there are many things currently happening such as product boycotts because of this. But the condition of the crypto market itself seems to be fine, especially considering that there will be a halving next year which could be an impetus for increasing the price of Bitcoin in the market.

I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.
I also think that, even though war conditions could actually affect all sectors of the international market, it would not have much of an impact on the crypto market which can only be accessed via the internet. Crypto investors will actually find it easier to secure their assets in crypto during war conditions rather than storing them in real form. So the impact will only be felt more by real estate investors and business people for that matter, while for crypto investors it will actually not be too dangerous even though they can also be panicked when they see that there is still war in this world.


Title: Re: Dump market potential?
Post by: AnonBitCoiner on November 23, 2023, 05:14:42 PM
The solution to these things in the market is not to sell, it is to know when the market can go up and know how to wait, it is Nothing more than that, a person who is not so Patient, so if he sells, that person will be the loser, No one else will see their waste of the Opportunity that life is Giving them, what I want is to always have money to buy all the bitcoin I can, because it is the only way I see to have a lot of money in the future, no There is another reason , you see , because I respect Everything they have been doing in other Investments , but the best in the world is Bitcoin.

When the market dump then that time the only way to decrease your losses is to hold and be in patience because your sudden decision can be give you loss as a result of which you will think negatively about investment. With patience there is no issue because you will just keep calm and see when the market become green again. Bitcoin investment is a suitable option and those individuals who are newbies should not find another coin because other coins can not be more profitable than bitcoin. One thing that is necessary for bitcoin investment is your budget as well as your patience so if someone contain these feature then he will be a successful investor.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 24, 2023, 01:23:18 AM
It's an achievement for bitcoin because it's being used in the world economy. It's a new money tool so if BTC's making a name for itself next to currencies we're changing course. Of course if the world economy's got problems it's going to affect bitcoin but it's the same for every currency.

But bitcoin and the market quickly adapted to things and recovered quickly this year. Bitcoin is already a part of the world economy, so if the world economy has problems, bitcoin will definitely be affected. Bitcoin is not separate from the world and immune to everything.


Title: Re: Dump market potential?
Post by: ancafe on November 24, 2023, 05:06:55 AM
From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?
Without a war bitcoin would also experience a decline and perhaps we can review previous history for consideration. One thing that makes me doubt that if World War III occurs it will deal a big blow to bitcoin and in fact this is not just talking about bitcoin but the oil sector, stocks and other sectors will also be completely paralyzed. No one expects war because it will have a bad impact on economic stability and thus can also influence or surpass events that can destroy human life.

Currently there are also countries in conflict but it does not affect bitcoin and if the country in conflict is not one of the bitcoin soup it may have little influence. Remain alert to any events that could bring Bitcoin down and maybe what we need to do is stay calm and wait for a gradual recovery. That's the only way that can be done and fear that cannot be controlled will only have a bad impact that result in us experiencing losses.


Title: Re: Dump market potential?
Post by: bitterguy28 on November 24, 2023, 06:49:58 AM
So in my opinion, even if the war between Israel and Palestine is not over after the halving, the market will still rise even though it will be a little delayed. but we hope that the war between Israel and Palestine will end soon.
I don't think the war between Israel and Palestine has anything to do with the crypto market. In the past, many people predicted that the war between Russia and Ukraine would cause the crypto market to experience a sharp decline, but in reality this was not the case. In fact, in war conditions, many shares rise and the crypto market experiences a significant spike as has happened recently.
Wars may effect the market a little but not totality not unless this is another world war that of course surely the cause of all problem and crypto will not free from that to be affected.
and also those countries that having wars now are not biggest crypto users
like

United States
Japan
South Korea
Hong Kong
Singapore
China
Australia
Canada
United Kingdom
Switzerland


 maybe there is a slight but not a big movement in our crypto market.
and also not unless we are seeing those top crypto users/holders country then maybe that would bring earthquake in bitcoin market.



Title: Re: Dump market potential?
Post by: arabspaceship123 on November 24, 2023, 01:03:10 PM
War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.


Title: Re: Dump market potential?
Post by: Eternad on November 24, 2023, 01:09:47 PM
War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

Bitcoin price dump on both event that you mention but it’s just temporary since the market already recovered after few weeks and months of downward movement.

The positive about Bitcoin was many holders keep buying whenever there’s a dip no matter what’s the bad news in crypto. This kind of characteristic of holders is what makes Bitcoin resilient no matter how hard the FUD unlike shitcoin that easily crash when there’s bad news and failed to recover because everyone lost faith to the team which will not happened to Bitcoin because our founder is already long gone.


Title: Re: Dump market potential?
Post by: Andrija Branislav on November 24, 2023, 04:40:46 PM
War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

It cannot be denied that all the events that have passed, especially Covid or the ongoing war between Russia and Ukraine, have more or less had their own impact on the market, but BTC's performance should not be forgotten and to this day it still has potential. now watch the market and the price of BTC starts to rise slowly.


Title: Re: Dump market potential?
Post by: BITCOIN4X on November 24, 2023, 04:54:07 PM
War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.
The crypto market was impacted by the pandemic and so was the war. The price dropped because fear was everywhere, of course not only in crypto but all markets were also affected. But do you remember that the market started improving after a few months and reached ATH in 2021?

You can look back at the graph and that is the history that you need to remember and be careful about so you don't make rash decisions regarding your investment. Some people sell because they panic, others sell because they need to, others also sell so they can accumulate at a lower price. There's a reason for everything, but don't ruin your investment plans easily just because of FUD.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 25, 2023, 02:40:20 PM
When it's dumped because of bad news in crypto bitcoin fights back. I can't remember what happened but it could've been a temporary dive. If ppl dumped Bitcoin in covid because FUD it didn't have long term action on bitcoin. Today it's $37k we aren't close to bitcoin ATH but it's positive because the market's secure.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

Bitcoin price dump on both event that you mention but it’s just temporary since the market already recovered after few weeks and months of downward movement.

The positive about Bitcoin was many holders keep buying whenever there’s a dip no matter what’s the bad news in crypto. This kind of characteristic of holders is what makes Bitcoin resilient no matter how hard the FUD unlike shitcoin that easily crash when there’s bad news and failed to recover because everyone lost faith to the team which will not happened to Bitcoin because our founder is already long gone.


Title: Re: Dump market potential?
Post by: southerngentuk on November 25, 2023, 05:31:04 PM
I again find that there is no strong correlation between Bitcoin price and global events. Bitcoin price is a function of many factors, including supply and demand, market sentiment, and technical factors. Global events can influence these factors, but they typically do not have a direct impact on Bitcoin price.

The proof is when the COVID-19 pandemic led to a global economic recession. There have been a lot of people worried about the future, causing them to withdraw from crypto assets. But even so, many people still consider Bitcoin to be a safe haven asset, and there are still many investors, even large investment funds, that have bought Bitcoin as a way to protect their assets. their assets from inflation. Ultimately, these factors offset each other, and Bitcoin prices remained bullish in 2020 and 2021.


Title: Re: Dump market potential?
Post by: fzkto on November 25, 2023, 08:24:42 PM
When it's dumped because of bad news in crypto bitcoin fights back. I can't remember what happened but it could've been a temporary dive. If ppl dumped Bitcoin in covid because FUD it didn't have long term action on bitcoin. Today it's $37k we aren't close to bitcoin ATH but it's positive because the market's secure.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

Bitcoin price dump on both event that you mention but it’s just temporary since the market already recovered after few weeks and months of downward movement.

The positive about Bitcoin was many holders keep buying whenever there’s a dip no matter what’s the bad news in crypto. This kind of characteristic of holders is what makes Bitcoin resilient no matter how hard the FUD unlike shitcoin that easily crash when there’s bad news and failed to recover because everyone lost faith to the team which will not happened to Bitcoin because our founder is already long gone.
So far, not only the cryptocurrency market is positive. The stock markets are also growing. I think that as long as America does not raise interest rates, all markets will grow. Especially next year there will be presidential elections. Probably everything will be good on the markets until then.


Title: Re: Dump market potential?
Post by: cryptomaniac_xxx on November 26, 2023, 09:36:27 PM
When it's dumped because of bad news in crypto bitcoin fights back. I can't remember what happened but it could've been a temporary dive. If ppl dumped Bitcoin in covid because FUD it didn't have long term action on bitcoin. Today it's $37k we aren't close to bitcoin ATH but it's positive because the market's secure.

War or covid which's going to affect crypto markets more. Did ppl dump bitcoin because of wars or pandemics. We can't be positive if it affected the market.

I can't remember what happened to bitcoin's price when we were sitting in our homes because of covid or before Russia invaded Ukraine. We don't know if it's price wasn't affected in 2 years because of covid or Russia there's no way to understand much bitcoin's price changed course.

Bitcoin price dump on both event that you mention but it’s just temporary since the market already recovered after few weeks and months of downward movement.

The positive about Bitcoin was many holders keep buying whenever there’s a dip no matter what’s the bad news in crypto. This kind of characteristic of holders is what makes Bitcoin resilient no matter how hard the FUD unlike shitcoin that easily crash when there’s bad news and failed to recover because everyone lost faith to the team which will not happened to Bitcoin because our founder is already long gone.
So far, not only the cryptocurrency market is positive. The stock markets are also growing. I think that as long as America does not raise interest rates, all markets will grow. Especially next year there will be presidential elections. Probably everything will be good on the markets until then.

I think US is one country that has a big influence on bitcoin market, I mean they are huge their influence has far flung reach globally. And with every negative news from them, like raising interest rates and hiking them, the market will go down if we here this news. But the good thing is that this is just temporary, maybe a week or two everything will settle down and the market will go back to it's normal price.

So it also means that the bitcoin market has it's own movement, based on what the sentiments of the investors will be at that time. So it's us that really control it, if we want to dump then yeah no problem, there will be another individual in the other side of the globe going to scoop that BTC that you have sold.


Title: Re: Dump market potential?
Post by: lixer on November 27, 2023, 01:16:32 PM
I again find that there is no strong correlation between Bitcoin price and global events. Bitcoin price is a function of many factors, including supply and demand, market sentiment, and technical factors. Global events can influence these factors, but they typically do not have a direct impact on Bitcoin price.

The proof is when the COVID-19 pandemic led to a global economic recession. There have been a lot of people worried about the future, causing them to withdraw from crypto assets. But even so, many people still consider Bitcoin to be a safe haven asset, and there are still many investors, even large investment funds, that have bought Bitcoin as a way to protect their assets. their assets from inflation. Ultimately, these factors offset each other, and Bitcoin prices remained bullish in 2020 and 2021.
It depends on the events. Some do have an effect while some don't. BTC price or simply price, has its own function. You mean to say is that, price can be affected by different factors. That's true. When it comes to impact, again it depends on the event but people shouldn't be afraid. They can just prepare for it and then do appropriate actions. Either they will sell, buy, or simply HODL.

I think COVID-19 have both positive and negative effects to the price of BTC. It's great because at least, it still made people smile despite of the hardships that they have faced. Unfortunately, other crises have occurred after but again, fortunately, same effects and feelings are still experienced.


Title: Re: Dump market potential?
Post by: Popkon6 on November 27, 2023, 01:50:24 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

The current war between two countries is Palestine and Israel, many countries are working behind these two countries. Whenever a war has taken place, the two countries face an economic crisis of economic currency. Everyone can then abuse the country's economic currency and deposit into Bitcoin, and many people then anticipate a fall in the Bitcoin price which causes many to deposit. And while the war took a toll on Bitcoin, the price of Bitcoin started to rise again. As was the case between the war in Ukraine and Russia, Bitcoin had some impact and the price dropped a bit, but then rebounded. So there is a possibility that the war between Palestine and Russia will end soon, so that peace can return between the two countries.


Title: Re: Dump market potential?
Post by: GreenStox on November 28, 2023, 07:35:57 AM
I think there will still be another potential dump, the market is rising very fast like this which is usually not natural, there are still several things to look forward to next year.
until we feel that the market will be in full bull condition.
For now I still doubt it.


Title: Re: Dump market potential?
Post by: arabspaceship123 on November 28, 2023, 11:42:12 PM
The price's increased from last month but it isn't impressive enough to attract crowds. How are investors going to have confidence investing in bitcoin if they're watching the price. I can't say there's going to be a dump but there's a chance because there hasn't been one recently. If the market's lose value it's going to ache ppl if they're forced to sell.

I think there will still be another potential dump, the market is rising very fast like this which is usually not natural, there are still several things to look forward to next year.
until we feel that the market will be in full bull condition.
For now I still doubt it.


Title: Re: Dump market potential?
Post by: Dave1 on November 29, 2023, 02:49:43 AM
The price's increased from last month but it isn't impressive enough to attract crowds. How are investors going to have confidence investing in bitcoin if they're watching the price. I can't say there's going to be a dump but there's a chance because there hasn't been one recently. If the market's lose value it's going to ache ppl if they're forced to sell.

I think there will still be another potential dump, the market is rising very fast like this which is usually not natural, there are still several things to look forward to next year.
until we feel that the market will be in full bull condition.
For now I still doubt it.

I wouldn't say that it isn't impressive, just look from the timeline, last year we are hitting lowest low. So moving forward 12 months later, we have more than 100% gains already. So that for me is impressive already.

We did see some decline but we were able to recover back again, pushing to $37,880. As for the price rising fast, sometimes when there is FOMO that really happens to the market. But we should look for the long term, it's too early to sell and make profits, we still have to look forward to the block halving.


Title: Re: Dump market potential?
Post by: pinggoki on November 29, 2023, 03:56:31 AM
For me to start worrying about a conflict causing a negative influence in the market, it's got to be super power nations that are directly in conflict and not just doing their proxy wars with other nations. That's when I'm going to be worried although I am not trying to be worried too much about conflicts as much as I can since there's only so much that I can do. And in the case that I worry about, I don't think bitcoin or crypto market dumps are going to be what I will be worrying about, super power nations at war is going to get us closer to the midnight of Doomsday clock.


Title: Re: Dump market potential?
Post by: kingvirtus09 on November 29, 2023, 09:12:05 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

In the first place, why are you thinking like that? If you really believe in Bitcoin, you shouldn't think about such things. Then who is a sane person with a normal mind who wants war? We all don't want it; it's just that it can't be avoided, and let's expect that when the war happens, there will definitely be something that won't have a good economic impact.

But change Bitcoin in times like that, because we know that the difference between fiat and bitcoin is huge, and once you know that, I will believe even more that the fiat currency will be more affected because of the war compared to bitcoin, as far as I know.


Title: Re: Dump market potential?
Post by: CageMabok on November 30, 2023, 06:15:51 PM
I think there will still be another potential dump, the market is rising very fast like this which is usually not natural, there are still several things to look forward to next year.
until we feel that the market will be in full bull condition.
For now I still doubt it.
In fact, I do not doubt the current market conditions, even though there are frequent corrections like what happened today, because the increase in prices at the end of this month is quite real and not a manipulation or irregularity as you mean. I always believe more in the price increase caused by the increase in buying volume this month, especially in Bitcoin because that is what causes the increase to occur so sharply even though the price has not been able to stay in the more expensive range for too long.


Title: Re: Dump market potential?
Post by: fzkto on November 30, 2023, 06:37:31 PM
For me to start worrying about a conflict causing a negative influence in the market, it's got to be super power nations that are directly in conflict and not just doing their proxy wars with other nations. That's when I'm going to be worried although I am not trying to be worried too much about conflicts as much as I can since there's only so much that I can do. And in the case that I worry about, I don't think bitcoin or crypto market dumps are going to be what I will be worrying about, super power nations at war is going to get us closer to the midnight of Doomsday clock.
Maybe it's not about conflicts or wars between countries. For example, there is a lot of confusion going on with the Binance exchange. If something bad happens, it will have a negative impact on the whole market. Remember what happened after the FTX collapse.


Title: Re: Dump market potential?
Post by: ajiz138 on November 30, 2023, 08:04:12 PM
In fact, I do not doubt the current market conditions, even though there are frequent corrections like what happened today, because the increase in prices at the end of this month is quite real and not a manipulation or irregularity as you mean. I always believe more in the price increase caused by the increase in buying volume this month, especially in Bitcoin because that is what causes the increase to occur so sharply even though the price has not been able to stay in the more expensive range for too long.
It could be that with the correction this month there will be many other considerations where we will enter the holiday season and a lot of money to use so that the volume is a little low but that does not mean bitcoin will experience a decline only slightly and momentarily but certainly after December ends it might see bitcoin move again.

It can also be caused by other factors where negative news always pops up in the middle of our tension in this case we have to respond normally and should not overdo it there are many who say this is partly manipulation then let it go because we will wait for how bitcoin will move a little more towards halving even though it is not actually going to be bullish.


Title: Re: Dump market potential?
Post by: kawetsriyanto on November 30, 2023, 09:32:48 PM
In fact, I do not doubt the current market conditions, even though there are frequent corrections like what happened today, because the increase in prices at the end of this month is quite real and not a manipulation or irregularity as you mean. I always believe more in the price increase caused by the increase in buying volume this month, especially in Bitcoin because that is what causes the increase to occur so sharply even though the price has not been able to stay in the more expensive range for too long.
The market correction and sideways are something normal, we don't need to feel worried about them. We must think positively because we can see that Bitcoin price tries to increase gradually, it have passed $38k recently and the price survived above $37k. I think it is something positive for the progress of Bitcoin price. Although we still have some correction and sideway period, it is common things happening after a higher price has been achieved.

Well, we can assume that there will be more volume, people try to buy more Bitcoin before the price is going to be higher and higher because we are getting closer to the halving time. In the last month of this year, the buying volume probably increases significantly because it looks like the last chance to buy Bitcoin before it skyrockets.  ;)




Title: Re: Dump market potential?
Post by: cryptomaniac_xxx on November 30, 2023, 09:39:19 PM
For me to start worrying about a conflict causing a negative influence in the market, it's got to be super power nations that are directly in conflict and not just doing their proxy wars with other nations. That's when I'm going to be worried although I am not trying to be worried too much about conflicts as much as I can since there's only so much that I can do. And in the case that I worry about, I don't think bitcoin or crypto market dumps are going to be what I will be worrying about, super power nations at war is going to get us closer to the midnight of Doomsday clock.
Maybe it's not about conflicts or wars between countries. For example, there is a lot of confusion going on with the Binance exchange. If something bad happens, it will have a negative impact on the whole market. Remember what happened after the FTX collapse.

It's a total different story about the FTX collapse and what we heard about Binance. It was all about CZ stepping down and them paying billions in restitution to regulators. But we haven't seen any big effect in the market similar to the FTX collapse.

Not even wars or conflict in the Middle East and Russia deter the bitcoin ecosystem. So it means we are not being affected by such events. And only the direct impact to the market is us, if we chooses to believed in those kind of negatives news and we panic and we push the sell button. But hopefully there will be none of that, as the price is steady at the $37k at the end of November.


Title: Re: Dump market potential?
Post by: arabspaceship123 on December 01, 2023, 10:14:18 AM
We've seen lows last year so it's only direction was to go north. What I mean they aren't impressive enough numbers to attract bigger investments. Bitcoin isn't stable so the price's making market investors worried because if ppl made 100% gains from last year we shouldn't forget ppl invested $60k a couple of years ago they haven't earned it back.

I wouldn't say that it isn't impressive, just look from the timeline, last year we are hitting lowest low. So moving forward 12 months later, we have more than 100% gains already. So that for me is impressive already.

We did see some decline but we were able to recover back again, pushing to $37,880. As for the price rising fast, sometimes when there is FOMO that really happens to the market. But we should look for the long term, it's too early to sell and make profits, we still have to look forward to the block halving.


Title: Re: Dump market potential?
Post by: beerlover on December 01, 2023, 07:28:59 PM
It's a total different story about the FTX collapse and what we heard about Binance. It was all about CZ stepping down and them paying billions in restitution to regulators. But we haven't seen any big effect in the market similar to the FTX collapse.

Not even wars or conflict in the Middle East and Russia deter the bitcoin ecosystem. So it means we are not being affected by such events. And only the direct impact to the market is us, if we chooses to believed in those kind of negatives news and we panic and we push the sell button. But hopefully there will be none of that, as the price is steady at the $37k at the end of November.
I think people are afraid because we are talking about the fine, not because CZ stepped down. I mean CZ could have stayed and with that type of fine Binance would still be something scary for them, it has to be because we are talking about something that has to be a bit different.

I think it needs to be a bit different and we need to end up seeing somethign that has to change on the long run. I may not end up with the most amount of profit in the world, but at least I know that Binance will stay fine and BNB will recover and be higher, not because CZ or anything, but because I know they will pay the fine and move on and make that money back. However, some people are afraid of that, they fear paying the fine may make them vulnerable.


Title: Re: Dump market potential?
Post by: Fatunad on December 01, 2023, 08:12:24 PM
It's a total different story about the FTX collapse and what we heard about Binance. It was all about CZ stepping down and them paying billions in restitution to regulators. But we haven't seen any big effect in the market similar to the FTX collapse.

Not even wars or conflict in the Middle East and Russia deter the bitcoin ecosystem. So it means we are not being affected by such events. And only the direct impact to the market is us, if we chooses to believed in those kind of negatives news and we panic and we push the sell button. But hopefully there will be none of that, as the price is steady at the $37k at the end of November.
I think people are afraid because we are talking about the fine, not because CZ stepped down. I mean CZ could have stayed and with that type of fine Binance would still be something scary for them, it has to be because we are talking about something that has to be a bit different.

I think it needs to be a bit different and we need to end up seeing somethign that has to change on the long run. I may not end up with the most amount of profit in the world, but at least I know that Binance will stay fine and BNB will recover and be higher, not because CZ or anything, but because I know they will pay the fine and move on and make that money back. However, some people are afraid of that, they fear paying the fine may make them vulnerable.
I could say that CZ is a smart person on which the reason on why the market didnt dropped down too much because of what happened recently? just because he had prepared for that.
On the time that US did make those kind of actions then he had already made a plan on appointing a new CEO which it didnt really give out that much impact on overall
but now the price did shoot up even more. This is why not all news would really be making that guaranteed dump specially if it was a negative news. This is why its never been that predictable in the first place.
Feel sorry for those who had made out some sell out there on the time this news booms out but the dip wasnt actually a dip.

You should really always put up into our minds that dip or dumps could really happen into this market and not really necessarily that it would really be accompanied
with some news because the price could move up randomly or with or without news.So better be watchful and careful.


Title: Re: Dump market potential?
Post by: arabspaceship123 on December 02, 2023, 02:03:04 AM
Dips or dumps shouldn't affect long term investors but FOMO's the biggest issue ppl face in the forum. If you're going to hodl it doesn't guarantee you profits. How do ppl feel who've made their buying at $60k it's been years they haven't made profits. Bitcoin hasn't been near ATH so ppl made losses if they didn't hodl.

If ppl avoid FOMO they'll have good feelings before investing. There isn't guaranteed way to make profit they've got to remember it.

You should really always put up into our minds that dip or dumps could really happen into this market and not really necessarily that it would really be accompanied
with some news because the price could move up randomly or with or without news.So better be watchful and careful.


Title: Re: Dump market potential?
Post by: Minecache on December 02, 2023, 09:34:35 AM
It's a total different story about the FTX collapse and what we heard about Binance. It was all about CZ stepping down and them paying billions in restitution to regulators. But we haven't seen any big effect in the market similar to the FTX collapse.

Not even wars or conflict in the Middle East and Russia deter the bitcoin ecosystem. So it means we are not being affected by such events. And only the direct impact to the market is us, if we chooses to believed in those kind of negatives news and we panic and we push the sell button. But hopefully there will be none of that, as the price is steady at the $37k at the end of November.
I think people are afraid because we are talking about the fine, not because CZ stepped down. I mean CZ could have stayed and with that type of fine Binance would still be something scary for them, it has to be because we are talking about something that has to be a bit different.

I think it needs to be a bit different and we need to end up seeing somethign that has to change on the long run. I may not end up with the most amount of profit in the world, but at least I know that Binance will stay fine and BNB will recover and be higher, not because CZ or anything, but because I know they will pay the fine and move on and make that money back. However, some people are afraid of that, they fear paying the fine may make them vulnerable.
I could say that CZ is a smart person on which the reason on why the market didnt dropped down too much because of what happened recently? just because he had prepared for that.
On the time that US did make those kind of actions then he had already made a plan on appointing a new CEO which it didnt really give out that much impact on overall
but now the price did shoot up even more. This is why not all news would really be making that guaranteed dump specially if it was a negative news. This is why its never been that predictable in the first place.
Feel sorry for those who had made out some sell out there on the time this news booms out but the dip wasnt actually a dip.

You should really always put up into our minds that dip or dumps could really happen into this market and not really necessarily that it would really be accompanied
with some news because the price could move up randomly or with or without news.So better be watchful and careful.

I'm not sure if he anticipated everything, but one thing I see is that he was very modest in this to avoid causing heavy damage to Binance and BNB, not to the market. Because if they resolutely oppose, the US will certainly find every way to destroy Binance and the BNB ecosystem. He is thinking about the future of the products he creates rather than himself.

Furthermore, I don't see this as negative news that will affect the market but why are many people afraid of this? His resignation is not necessarily a bad thing because he is still active and working with the BNB ecosystem. He hasn't completely left the market yet so we can't say this is negative news.


Title: Re: Dump market potential?
Post by: huu78 on December 02, 2023, 12:28:01 PM
Based on history and world conditions, BTC should still go down.
I'm not really sure what made this market rise and last for the past 2 months,
plus bitcoin etf and eth are still pending.
whether if approved the market will rise even higher, whether we should get rid of our current worries.


Title: Re: Dump market potential?
Post by: arabspaceship123 on December 02, 2023, 02:27:16 PM
There's ppl who don't want to put their life savings on crypto but FOMO could've caused the recent rise. I'll be happy if it has ATH soon but I'm not expecting it. Even if price rises ETF approval's doesn't help occasional investors who don't want to invest in schemes they don't understand. If they get involved bitcoin's going to go higher.

Based on history and world conditions, BTC should still go down.
I'm not really sure what made this market rise and last for the past 2 months,
plus bitcoin etf and eth are still pending.
whether if approved the market will rise even higher, whether we should get rid of our current worries.


Title: Re: Dump market potential?
Post by: CageMabok on December 02, 2023, 03:56:46 PM
It could be that with the correction this month there will be many other considerations where we will enter the holiday season and a lot of money to use so that the volume is a little low but that does not mean bitcoin will experience a decline only slightly and momentarily but certainly after December ends it might see bitcoin move again.
I see that currently the price chart movement in Bitcoin is starting to go sideways and evenly, or in other words, it is starting to look more stable even though it is still very close to $39K. I never worry about price drops or holidays at the end of the year, because there are many people who are quite ready to buy Bitcoin when the drop occurs at the end of this year so even if it happens this month, I think it will only be for a short time and It won't be too long because there are many people who are quite enthusiastic about welcoming the halving next year.

Quote
It can also be caused by other factors where negative news always pops up in the middle of our tension in this case we have to respond normally and should not overdo it there are many who say this is partly manipulation then let it go because we will wait for how bitcoin will move a little more towards halving even though it is not actually going to be bullish.
Bullishness will be quite possible if the price correction is always small and not much, because almost everyone is expecting a much bigger increase in Bitcoin and we don't need to be influenced by negative news which is not necessarily true because it could be that the news maker also wants to buy Bitcoin at low prices, so they try to create chaos through the news so that everyone panics and tries to release the Bitcoins that many people already own.


Title: Re: Dump market potential?
Post by: taufik123 on December 02, 2023, 06:46:25 PM
-snip-
we don't need to be influenced by negative news which is not necessarily true because it could be that the news maker also wants to buy Bitcoin at low prices, so they try to create chaos through the news so that everyone panics and tries to release the Bitcoins that many people already own.
This is an experiment of manipulation that will make the price cheaper.
Even though the bad news that is spread is old news that is raised again to affect the crypto market.

As in the ETF acceptance hoax, news spread by Cointelegraph.
Although they are media, they have high credibility, but they can't filter the news well and make the market volatile.

But it was Hoax news that made the price of Bitcoin rise, but in the end it dropped to its original price because it was known that the news was not true.


Title: Re: Dump market potential?
Post by: adultcrypto on December 02, 2023, 07:44:35 PM
Dips or dumps shouldn't affect long term investors but FOMO's the biggest issue ppl face in the forum. If you're going to hodl it doesn't guarantee you profits. How do ppl feel who've made their buying at $60k it's been years they haven't made profits. Bitcoin hasn't been near ATH so ppl made losses if they didn't hodl.

If ppl avoid FOMO they'll have good feelings before investing. There isn't guaranteed way to make profit they've got to remember it.
It is expected that anyone getting involved in Bitcoin must have the ability to do basic research to at least know a little for themselves about Bitcoin and its history. I can assure you that a little inquiry will easily show why it is not wise to buy around the peak. Unfortunately, a lot of people buy just the hype and those are the people trapped.

The hardest thing to do for those not using the DCA method is knowing the entry point that will not be too high. This is because you don't know where will really be the peak, this is why those who bought around $60k might be thinking price was going to $100k and so on, without knowing that the market has already hit a brick wall.

If you buy at a very good price and never the peak, you will surely be in profit eventually. This comes with knowing the right time and price to buy. But I seem to favour the DCA method that does not require bordering about the price.


Title: Re: Dump market potential?
Post by: philipma1957 on December 02, 2023, 08:25:44 PM
There are some confusion that might make me a little doubtful about the development of Bitcoin prices and adoption in 2024, which we all know that we will face Halving Bitcoin as well as the ETF agreement which is the most powerful indicator in encouraging Bitcoin prices, so that many people are speculating and accused The nominal is quite fantastic in Bitcoin in the last 2 years of the current cycle.

There is a dilemma that disturbs my mind, about the wider potential of war in the region of Palestine, we witness the reactions of various countries at the end of this week in the area, and show the great power of the eastern and western blocs, which we know that America and Friends said firmly that they became a strong supporter of Israel's annexation to the Palestinian region. Conversely Russia, North Korea and neighboring Palestinians, Turkey, Afghanistan, Iran and others support Palestinian independence and are ready to be behind Palestinian troops, which all makes conflict and political tension of the power of the world's major blocks that might trigger a big war to occur if did not find a meeting point in this conflict.

From various sequences of problems and many aspects that can be associated, I become doubtful with the price development of Bitcoin which in the event of this war is enlarged, so as usual Bitcoin will experience a price decline, even though we know it is not just bitcoin that will be a victim of this conflict happen.

I do not mean to frighten or make FUD, I just want to discuss to share thoughts, but for an bitcoin intelligent investor, how do you respond to conflicts that have probability to suppress Bitcoin prices?

You may be correct as the various governments of the world are attacking mixers quite hard. They may have some other moves going.


Title: Re: Dump market potential?
Post by: arabspaceship123 on December 03, 2023, 02:17:06 AM
Bitcoin buyers are expected to do basic research to understand why it isn't wise to invest around the peak but some ppl aren't aware. They'll buy without knowing crypto. DCA's popular with newbies or investors with less cash on invest. It allows ppl to stack sats without breaking the bank or fund buys from savings in the bank.

Dips or dumps shouldn't affect long term investors but FOMO's the biggest issue ppl face in the forum. If you're going to hodl it doesn't guarantee you profits. How do ppl feel who've made their buying at $60k it's been years they haven't made profits. Bitcoin hasn't been near ATH so ppl made losses if they didn't hodl.

If ppl avoid FOMO they'll have good feelings before investing. There isn't guaranteed way to make profit they've got to remember it.
It is expected that anyone getting involved in Bitcoin must have the ability to do basic research to at least know a little for themselves about Bitcoin and its history. I can assure you that a little inquiry will easily show why it is not wise to buy around the peak. Unfortunately, a lot of people buy just the hype and those are the people trapped.

The hardest thing to do for those not using the DCA method is knowing the entry point that will not be too high. This is because you don't know where will really be the peak, this is why those who bought around $60k might be thinking price was going to $100k and so on, without knowing that the market has already hit a brick wall.