|
Massive pump now... it would be super nice if the price doubles in a couple of weeks (or more).
Otherwise, it would be also interesting if it fluctuates between 6k and 12k, just to buy more in this interesting time fragment.
|
|
|
|
After this brutal dump, we would probably need at least a couple of recovery days weeks or possible a couple months to believe that's all finished.
FTFY I'm probably too optimistic!! |
|
|
|
After this brutal dump, we would probably need at least a couple of recovery days to believe that's all finished. Anyway, if the price goes further lower it will be tough to not buy that dip  |
|
|
|
DOW JONES falling like a stone in the water. Global economy is falling down. WTF is going on?
Global economy was falling down even before BTC became a public thing. Actually, blockchain technology is a new sector as well as a fresh market, even though I'm not sure where we will be in the future regarding cryptos. Indeed, I think someone is just playing a brutal game with prices and I believe more and more people are betting on cryptos in the near future, and not only for financial speculation (that's important in the long term). |
|
|
|
|
It's a nonsense selling now.
We are in uncertain waters, the ATH reached at the end of the year was important, and like someone said, the parabolic phenomenon is happening now.
It's better to hodl and see where the market goes now.
|
|
|
|
Still dropping... If I saw another dump behind the corner, IMHO bigs are just liquidating what they have accumulated in the last three months which probably was a huge amount of coins. I would expect a bullish attitude towards BTC and then altcoins in the next periods, probably in that sequence. The end of 2017 signed a lot of new projects around cryptos, they want both to pump BTC and some alts at this point, making 2018 even more profitable than 2017. Look at Stellar and Cardano... even a homeless could bet something at this point, and at these prices. So... prices will surely skyrocket again (at least I hope so ). |
|
|
|
|
With this massive pop, big investors have probably scared many weak hands.
Too many fud, media news and so on about BTC.
Everyone knows a bit about this stuff and it's not good for institutions.
In the mean time... bankers want their piece of cake in this game... just hodl and wait this psychological crash ending its course.
|
|
|
|
After all I was right... jeez, I bought at a higher price. Fortunately, in the crypto world this is not that bad, in a hodl perspecrive  |
|
|
|
I hope (and believe) we will see the last dip today, before going up again for an extended period. The bottom, as they say. I set my orders accordingly.
We probably won't see a price lower than 8k. They have sold pretty much everything until now However, I'm expecting a brutal volatility with altcoins in this first period of the year, all money sold will surge other coins. I still hope BTC will maintain its market share. |
|
|
|
Back to Bitcoin. It seems we have missed the usual Saturday night dump or that buying below $9k was too aggressive for it take hold.
Mem pool size has stopped falling and has stayed roughly the same for the past 24 hours.
Both bullish signals.
They are pumping some alts indeed. |
|
|
|
Going down again, just hovering above 9k
Yes, there isn't real signs of a consistent recovery. I sniff either another dump or a bull trap on the track, before a recovery around 13k. |
|
|
|
Many bears fast predicting a price below 7k ....... hope they don’t get such Nice buying uppertunity any more
Just let them buy in This or higher prices if they really want in the most valuble train we have ever seen ... can’t stand even Some of my friends with there talking like i am gonna buy Some BTC When below 7-5k ish but for now i Just buy Some alts.... then you kind of don’t diserve to be in BTC
And like its a real fact its gonna drop for sure ( whiteout they know not anything about BTC)
Yes, I think it's a reasonable time to buy... Apparently, it seems we are out of this bleeding week.
Too early to call imo. A nice bump to $9500 by the week close would be more convincing. The stock market falling again on monday would also help matters ...but it's also true that another dump could happen anytime in the next week. It really depends on when you bought previosuly, for new investors it's a pretty good starting point. |
|
|
|
|
Apparently, it seems we are out of this bleeding week.
|
|
|
|
|
Crypto is not done.
Did we have a bull trap?
Now is dumping again, maybe until Sunday and after...
|
|
|
|
So everybody knew a bit about BTC and cryptos.
They put some money into the market in a skyrocketing period of gains, then a steady and eventually a huge dump.
They shook their hands and now someone believes it's not worth it, it's about a scam and so on (in the meantime FUD and regulations applied).
If you look at charts the price is still higher than August. Investments are increasing in this market.
Again, I see a strategy both to put away weak people from the market and reset it in order to follow the next pump.
The real issue:
is BTC still the king?
Any crypto is traded with BTC, so BTC is a critical leverage to exchange whatever crypto you want, however in the real market we should also look how ETH is performing, the latter seems particularly in shape even in this massive dump!
ETH is also weak as a protocol. Solidity is built on sand. Programming secure smart contracts is a nightmare - just ask Parity. ETH has a great idea but shitty implementation. It doesn’t deserve its market cap at this time. Thank you for replying. Yes, I actually know both BTC and ETH are relatively weak in their implementation, but still influencing the market. Anyway, too many people here crying for the end of the game. Seriously guys, I don't think big investors and all the infrastructure built around BTC and cryptos are crashing in about 1 year of pump. It's barely comparable with the massive USA financial pump which is lasting since 2007. I'm not saying we have bought some shitty coins when they were at a higher price (we did), but thinking that it's over is just ridiculous considering how the blockchain will disrupt the economy. It's seems patience is the king in this game. |
|
|
|
|
So everybody knew a bit about BTC and cryptos.
They put some money into the market in a skyrocketing period of gains, then a steady and eventually a huge dump.
They shook their hands and now someone believes it's not worth it, it's about a scam and so on (in the meantime FUD and regulations applied).
If you look at charts the price is still higher than August. Investments are increasing in this market.
Again, I see a strategy both to put away weak people from the market and reset it in order to follow the next pump.
The real issue:
is BTC still the king?
Any crypto is traded with BTC, so BTC is a critical leverage to exchange whatever crypto you want, however in the real market we should also look how ETH is performing, the latter seems particularly in shape even in this massive dump!
|
|
|
|
You guys do not realize BTC rised from about 7000 to 20k EUR in about 3 months (plus all the altcoins rollercoasters). So, at the end of the year everybody wanted BTC or Alts. Then investors, speculators, bulls or whatever wanted to make profit as well and we had a pretty consistent dump, following a kind of steady dump, now the rollercoaster starts again! Informed people know this market is crazy and people are starting to approach it, if they let the price rise beyond 20k no one will invest in it, apart of BIG investors. Pragmatically, this is the entry point for 2018 investors, but jerks won't understand. Again, they both want common people entering the market and shaking their hands at the wrong time. Don't panic  |
|
|
|
Not to sound bearish, but looking at the charts it's clear that the pump started in earnest on 11/24 @ ~$8200.
So we could end up revisiting that level at some point. Which would still be healthy and wouldn't end this upward trajectory.
Also, the conspiracist in me says that the pumpers planned to dump ahead of The Big Bang Theory episode. I guess they don't want 3M new Average Joes to jump in to bitcoin. Got to keep them far away. I'm sure the episode will paint Bitcoin in a bad light, like some sort of fly-by-night get rich quick scam...
I agree... maybe it's a coincidence but it's funny how I spotted regular media talking about cryptos while we had this massive dump. It's both a perfect way to put away people that think this is a scam and attracting new investors waiting for an opportunity to jump in. |
|
|
|
|
Show Posts
