What will happen next?
1.Whales who sold for higher prices will buy slowly at low prices and will become 1.5* rich.
2.Some people will leave the Crypto market.
3.Believers will HODL.
4.The market will slowly recover.
I kinda agree with the part of "What will happen next?" Up until now, it is just a vicious cycle like what you have prescribed on that part. Small people ( small coins and small guts) will leave this market and the HODL-er will be the winner, well not a fully winner, since the winner is always the whales. Well i think a lot of people already left the market leading up to this point. They've dragged the market to this value anyways and it's going to be better without them. Btc went close to going under 6k before pulling back and personally i believe we're under the whales moving the market right now. |
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In fact, if these people really knew about bitcoin and the blockchain, they would find that bitcoin has been on an upward trend for a long time.
So it's obviously a good idea to hold bitcoin now.
When does your long time start from ? If we the performance in this year, I see a lot of fluctuations and overall it is in red. Dude, looking at it from the start of this year means starting from a decline or correction from an unusual all time high. Of course you'll see red. Try to look at the bigger picture and start from 2016. Then you'll feel a but better knowing that the trend btc is following is still heading for something good |
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Do not believe the false news, I think Bitcoin is not as a bubble. If Bitcoin is ever bubble again, then Bitcoin can not survive. poeple knows one as a bubble. Those who say it, I think they could not fully understand Bitcoin.
A bubble can be anything dude. It doesn't mean that if a bubble popped then it will continue to lose value until there's none. I've seen a lot of market crashes even worse than this correction and that can be considered as the bubble exploding but i've seen the market as well recover and soar to new heights afterwards |
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Better to hodl bitcoin and current market situation is very manipulation and panic,and I strongly believe in future of bitcoin and if you can buy some bitcoin this is the best time to buy bitcoin and hold it,if you look at current market the price is very fluctuating and more sellers are involved in the market and price will go up by this year end, I think next is good for bitcoin and altcoins.
Well a lot of people probably haven't recovered yet and many will not recover again and would have to start from scratch with a bitter lesson. Technically you haven't lost yet unless you sold already and it boils down now if you believe enough in the project to ne positive and hold for a longer time |
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Sooner or later, every country in the world will accept cryptocurrency. Cryptocurrency is the future to the digital transaction sytem. But, yes, some countries will adopt it by imposing tax and other regulations on it.
Well just like south korea, china and other countries against btc will probably soften their stand in time but regulations will be a part of why btc will have mainstream acceptance from all countries. Without certain regulations, there will always be reasons for bans. |
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Be of the main complaint about bitcoin is its high transaction fees. If bitcoin really reduce its transaction fee then it will be really a very good news.
I guess for some people cost of transaction fee is very important, because they lose own money. The important thing for near development of Bitcoin. The fees are already way down from it's unacceptable rate late last year, probably due to activation of segwit and ln and with the decline of btc's value itself. And it's not only important for some people since bitcoin was meant to be a cheaper, quicker and a generally better alternative for doing transactions |
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Probably the reason why people are not using bitcoin as payment because of its volatility. If you buy a shoes worth .01 btc or roughly $60 and tomorrow that .01 btc will be worth $80 so that you just paid $20 over the price of that shoes. So that won't really mean good for you. So i think bitcoin being so volatile makes people not want to use it as payment.
That can happen to you either when you buy some shoes or when you sell bitcoin, I don't see the difference. Besides, the price can go in one direction or in the other. It doesn't seem a good reason not to use bitcoin as a means of payment. The only one who could lose money is the seller, but for that there are the payment processors that allow users to pay with bitcoin and sellers to receive fiat money in their bank accounts. That's happening already though fewer since bitcoin transactions are pretty much in an early stage still. Though because of how it's value moves up and down, people will always consider it as an asset. |
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If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
Maybe it will be if there are no one who support bitcoin. But there are lots of people, big investors, businessmen supporting it, I know. It will not become a bubble. Tokyo-based bitFlyer apologized to customers and said it would stop taking new business after regulators said the country’s biggest exchange wasn’t doing enough to prevent terrorist financing and money laundering. Well exploding can also mean crashes like what's haopening now and throughout bitcoin's existence, it has "exploded" A lot of times already. Once the hype and curiosity dies down, probably btc will settle as simply a valuable form of making transactions |
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Price can be manipulated only by big holders of btc, and if some of governments have big amount of btc they can do this
Other manipulations dont work there
"They" wouldn't require large Bitcoin holdings to achieve this ... only an unlimited amount of FIAT currency to buy and sell BTC with ... and perhaps the assistance of some 'sheeple' investors - following the mass media effects ... ... Dance, dance, dance to the distortion !i hate to admit it. but there are times that i've been thinking about this thing. about the controlling and manipulating of the price of the bitcoin by the government. not only in their country but in the market and in this industry. we got be thankful because the other government freedthe bitcoin to around in our country but the negative effect of it they. regulated the entering of the bitcoin and also , they control the price of it in the market. for me, beside the government there are people who rich was partner by the government. Well manipulation isn't limited to simply selling a lot of btc by whales through pump and dumps. Spreading negative rumors and news can be considered as manipulation as well causing people to panic and sell. And i think that's well happening right now |
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I've just visit Philippines to have an vacation. I glad to know that Philippines accepting Bitcoin as payments, like Mr. D’s Artisanal Sundries i buy prepared smoked and cured meats, such as bacon or corned beef and i pay BTC  it's so very nice that Philippines is belong to the Cryptoworld Yes,bitcoin is widely accepted as a mode of payment here in the Philippines, you can pay bills through bitcoin and you do not have to wait in line. But I do not prefer paying in bitcoins. Yeah i've read a couple of articles that among all the southeast asian countries, the philippines is the most bitcoin friendly where people freely use, earn and transact in bitcoin. I read even their central banks are lenient towards cryptocurrencies |
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I also think that is not good to sell in panic, based on emotions, not rational reasons.
But, I can also understand their situation.
We have here, in the crypto market, many very young, inexperienced investors.
We should try to help them, understand their situation, not attack them.
Indeed. If we are aiming for mass adoption, this kind of approach isn't gonna work. Yes, they are solely responsible for their decisions as its their money, but we can spare them the negative things and simply mind our own. The market has done damaging things to them already. Well at this rate, you can't spare anyone from negative things since it's all over the news. Even seeing the current market movement becomes fud in itself. I say let all the panic sellers sell and lets rid the market of them. |
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We monitored for how many months crypto market not really growing. It is always play the game of ups and down. So volatile and difficult to predict what will be the price of coins in the market next day after. And now we saw another crash of the market and most of us always asking when the market rise,others are desperate and do panic selling. In times like this what shall we do?
I have some basic and helpful tips to share to overcome negative thoughts and become successful in cryptocurrency whatever happens.
1.Positive mind. We should always think positive whatever happens on the market.
2.Risk Taker. When you enter in crypto world,you should know that it is risky. So you must be a risk taker person.
3.Strategy. During the market crash you should have an alternative strategy on how to earn even a little despite of the market situation.
4.Hope. Do not lose hope. Always think that everything will be alright soon and market will go back to normal.
5.Patience. This is the very important to become successful not only in crypto but in everything we do we need it. Always remember "Patience is the Key to Success"
I know there is a lot of things we can do to fight FUD in the current market situation.
Hope everyone can also share with us....
That probably summed it up dude. Though it's not easy as it seems to follow what you've listed here. Probably what's more important is to have your mind conditioned that worse things may and will happen when you enter crypto. Expect everything to be unexpected. |
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Every time there is always change, and we must be ready to accept the change, whenever there is always a chance to replace bitcoin with better coins, and whatever happens most important is that we always get benefit.
Chances are always there i think, and yes i agree on that whenever there is a chance to replace bitcoin with better coins we should always have the opportunity to benefit on it. For some reason i don't feel bad if there is no coin can replace bitcoin.Bitcoin alone is great and i believe on it. Though i don't see that happening any time soon. No one bats an eye when an alt drops in value significantly even ethereum, but if btc drops, thr market goes crazy. There may not be an alt yet to generate a major effect on the market like btc yet |
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I think that the hold strategy will always be relevant, especially with the current situation in the cryptocurrency market. The easiest way is to buy coins and leave them waiting. This is a long-term investment, do not think that for a week or a month you will earn 500%
That's the key there, long term. You hodl because you look way ahead into the future and not for profits within days or weeks. It'll be profitable most of the time and it'll make you avoid being caught up in emotional stress because you're not pressured by current market situations |
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I'm not sure that June will be a bullish month. After all, many analysts predicted a bullish market in the spring, but since mid-January, bitcoin can not break a mark of $ 10,000. Altсoins are also experiencing bearish pressure. I guess that if the market growth is that only in autumn.
That's what I'm thinking too. June is not a good month to start the bull run as we are still in a bearish trend with 8 days left to end this month. Maybe in August I hope that the price will start pushing to reach the peak. Let's hope for that. Well let's hope so. A lot of users are already becoming uneasy about where this market is going but a good run in the third or fourth quarter of this year would wash all the disappointment of 2018 away. |
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$4400??? Mehn that's too low, hopefully it won't get to That point according to technical analysis because if it does reach that point, more people are gonna panic sell, the market is in a stage of pure manipulation
Lol panicking when you're already way below your capital. It would be such a waste to chicken out now. These bear and bull markets are a cycle and though it's mostly the bears this year, the bulls will eventually come. |
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Unfortunately the whole market depends on the movement of bitcoin and this is not the best condition for the market. But we hope that the bulls will defeat the bears and this will be helped by the whale investments and we will get a growing market.
Whales don't only think about investments here though. If you have the means to affect the market with what you do, won't you take advatage of that? And since most alts in the marker directly require btc for both buying and selling, it can't be helped that btc will be a big catalyst on how the market will move |
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I think it is cool that salary is paid in crypto, since it will open up more companies to follow. On the other hand I don't like the strong volantility of the crypto market. It should be nice to have an option to choose from between fiat money and crypto or a split of let's say 70-30 so you can decide for yourself how to obtain your salary. I definitely would take some crypto.
Yeah it should be up to the employees if they prefer to receive their salaries in crypto or fiat since not everyone is learned in crypto and people have different needs that may require physical money. And not all will be okay with the constantly changing value of their money |
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of course dude, just do not worry, this is not the first time the market is fall. as i know in the past it will come back to go up. but unfortunately, in this case, no one knows when it will happen.
practically over the past day, Bitcoin and all of the Crypto currency has fallen by a very large percentage, and no one can say what causes the next recession. Proceeding from this, any forecasts are empty words, because it is impossible to predict market behavior. Yeah exactly. This current drop made a lot of predictions from the past month go to the trash bin. A lot expected and "predicted" growth after april but it was all downwards from then. We're even close to the all time low for 2018. |
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The market will explode on the Q4 Just like it has always happened during the last few years (bull runr ron december - january) so just expect that to happen
That's what hodlers are thinking about and that's what's keeping us positive. For me the, the first half of the year is for corrections especially with the way the market surged last year. September onwards is something to look forward to. |
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