bitcoin already crashed 8-10% so I don't think it will crash more,better hold your coins then selling them at current lower price
If the past is any indicator this would only mean we are in for much lower prices in the future. I recommend to sell now and buy back around $450-$500 if indicators are better by then. |
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Hang on there fellas, we're in for a sharp drop and a wild ride as panic and fear starts to dominate the market.
Exposure of bitcoins weaknesses to the bigger public will have a dramatic effect on the market.
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Nothing new. We were on a slippery slope long before the halving hype started. We had a small boost because of all the hyping. Now it's back to the slippery slope we were on 3-5% decrease daily if not more and if we don't get a massive crash.
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No lower than $350 this time
That is right. The bitcoin price could drop to $550 in the next few days, then it will rise from that level. You do not have any reason or any proof that the price of bitcoin will drop after a few days, the usage of bitcoin is currently running fair and people have good expectations from that coin and they will not leave that coin so with that we can say that the price of bitcoin will now no more decrease to a lower price. Those are baseless expectations a lot of people have, being ignorant of bitcoins fundamental flaws or simply sticking their heads in the sand. Exactly why a big crash is pretty much guaranteed and bitcoin is about the most dangerous investment one could have. |
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It's skyrocketing like everyone is expecting, can't you see? Lol...
*laughs at chart*
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In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.
Nope. Just going down further. Don't hold onto illusions. You have been saying the exact same thing when the price reached the $400 level, remember? While you have been advicing people to sell their coins as we were heading towards the $200's according to you, you must look at the current price.... Just admit that you have been wrong. Just because a conman is successful at pulling of his scam doesn't mean it's not a scam set up to fail/get exposed eventually. Bitcoin is fundamentally flawed and can't work as it doesn't scale nor offers any usable anonymity. Worse, everybody ignores this and don't care to fix it. |
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In recent days, the price had significant resistance in the $ 655 level. Apparently it's consolidating around this value.
Nope. Just going down further. Don't hold onto illusions. |
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You should really educate yourself.
Bitcoin is fundamentally flawed, not anonymous and does not scale.
All this bitcoin promotion you see is just guys afraid to lose their tulips imaginary worth and sell asap to the next fool.
Invest in crypto 2.0.
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The truth about the bitcoin scam and its fundamental flaws is getting more and more exposure but slowly. The bitcoin scammers are trying hard to keep their ponzi scheme alive with promises of magic and wealth for everyone.
Fundamentals are broken. It's going down slowly but will accellerate as soon as we deop sub 500.
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Panic kicking in nicely again. It's getting harder and harder to suppress the truth about this failing coin.
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What is happening is dump after dump after dump. Every day more and more people learn about bitcoins flawed fundamentals and realize it can never work specially since nobody seems to care to fix it.
Second thing that is happening is dumps by people who bought into the halving hype that never happened.
The only thing that will happen now is more and more dumps as exposure of this scam grows.
I have to point out bitcoin is not a scam by itself but the community has turned it into one. One with far too many victims already. Be smart. Be safe. Educate yourself. Invest in future proof crypto.
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Still holding onto my balls here for that 'moon after halving' you were all talking about...
*Looks at an ever sinking chart...*
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What is happening is everyone is waiting for that price rise that isn't coming. Once people start realizing there will be no rise the prise will plummet towards 200-300. We will see from there but i suspect by then the network will be severely crippled by all the miners quitting, stagnating the network as a result.
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In my opinion, the only people affected by the halving will be the miners. The market is well supplied, even oversupplied in BTC, as demand cannot go up due to BTC usage limitations; so I do not think halving will have a positive price impact on BTC, anymore than it already has.
With current network hashing levels and the cost of mining equipment and electricity, Bitcoin mining has become uninteresting to most miners; it will remain uninteresting until many miners go offline. BTC halving will have an impact only on them, in my humble opinion.
And this is exactly how it's going to cripple bitcoin. So many miners will stop after the halving as they don't feel like running at a significant loss. Leaving the network crippled, crashing the price, causing more miners to quit, and there we have a nice vicious circle where Bitcoin ends up as Tulip Mania 2.0. |
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Crypto 2.0 can probably do this, bitcoin can not, fundamentally impossible because of all the flaws in the protocol.
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Worse than no market depth, the protocol is fundamentally broken and people are trying hard to hide that fact just to get other sheeple to buy their bags.
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Still two days and the charts are already plummeting... this is going to be one massive clusterfuck...
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It's already dropping like a rock, exactly as i predicted. And this is just the start of a massive crash during and after the halving that will cripple the entire bitcoin network.
We had a great run and an even better chance to make something revolutionary but people got too greedy and well here we see the result, a sinking ship with no way to save it.
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LOL well that illusion got shattered quickly.
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In fact, i can guarantee it will plummet
If anyone wants to make a bet with escrow on this, please send me a pm.
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