Many of us had wished for the fast progression and this bearish market will adjourn. Be optimistic and have positive motivations to enage co investors not to get on panic selling at this dirt cheap. The mere chances of the remaining months may start bitcoin prices accumulately grow promisingly.
Let's see how this last quarter will show to us whether it will give us signs of a bullish trend until the end of December or it will just continue to drift into the bearish trend. But so far, yes, it's really showing us signs of what we really expected of a bull run.
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If bitcoin will continue to fall, i think more and more weak hands will give up and sell their bitcoin at a very low value. FUDs will spread more and more and the cryptoworld will be in great panic for those who are weak enough. But for those who are smart, they are smiling and panic buying more.
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It's really hard to say that a crypto will have a stable price because basically, they are a volatile asset that is really beyond our control because it's the demand of the people and its supply that will tell us about its price and cap.
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I don't think it's not an issue if whether the market is down or crashing. Isn't it a big favor for us to invest more since the cryptocurrencies' market price are down too? It may hurt other holders but it's a bittersweet scenario because it's their opportunity to add more crypto into their assets.
Why so bother about seeing the market in red? It's just the other end that's in red because at the other end, it's also a green light where prompting us including new investors to invest more because once the red turns to green, we have a good holdings already.
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I don't think there's something that needs to be done to make bitcoin stable as far as its market value is concerned. Let's not forget that bitcoin is a very volatile asset that relies on the supply and demand.
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New investors and prices are coming most especially when the market prices of cryptocurrencies are going down. It's really a good opportunity and new investors are attracted on the prices because it's what actually other investors are waiting for.
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Cyber criminals are one of the problems of crypto exchanges today on how they will secure their market because it's not only them who are storing cryptos there but also traders who wants to have dividends fro storing their crypto assets in the market. Security should always be put on top priorities than anything else.
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I don't think that this year is the best year for cryptocurrencies because it's actually almost a year now that the market is down and we're already in the last quarter of the year and cryptos are rising up so slowly.
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Bitcoin's popularity is already in the spotlight and i think bitcoin is already known in majority of all countries around the world. The more bitcoin is known to the people and its usage, the bigger the chance of new investors will come. Bitcoin will surely exists even until the next couple of decades.
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It's been a while that bitcoin has maintained or just struggled to push its market price above 7,000$ that it looks like it became its stable price for now. But with the recent price hike of bitcoin, it seems that it's heading to break the 7,000$ price now.
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During the past dips of bitcoin, i have bought a good chunk on that and i am really glad that i have bought it in such a low price and i am also happily holding it until the bullish trend will come.
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We know how the market strives during the bearish trend and it's just reasonable to hodl your crypto assets rather than selling them at a low price. Aside from hodling it's also good to buy some extra crypto that you already have in your holdings.
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Bitcointalk name: lingwistiko Rank: Member Current post count: 414 including this post
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If cryptocurrencies helped improved the economic status of a country as claimed by the countries who embraced the technology, then there will be a significant global economic growth. But that's just so unlikely to happen because those countries who banned cryptos has an irreversible decisions.
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I think they will only laugh it out as they know that they will be safe from being detected for money laundering. Crypto will not stop corruption because it will be perfect tool for corruption to proliferate. Cryptocurrencies being decentralize is one of the reason why some countries imposed total banned on cryptos.
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If it goes below $ 4000, the market goes down. mining costs can not meet these figures. there is such a possibility but I think that you have set your own lower limit. It will not go down from $ 5,500.
How many times does bitcoin hits all-time-low this year but i think it never go below 5,000$. It may looks so scary for others if that is really going to happen but i believe that's closer to none than being closer to reality. In my opinion, bitcoin will not step down to 5,000 again until this year ends.
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I expect that bitcoin still has the chance of turning back the hands of time and reach again its all-time-high last year or hit a new all-time-high this year. Anything can really happen unexpectedly and we might just be shocked if bitcoin will hit a new ATH this year despite the roller coaster ride.
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So be it and let the time tell how bitcoin will look like before this year ends. If it reached 10,000$ before this year ends, there will be a big possibility that what happened to bitcoin last december will also happen this year. So i don't really mind if bitcoin will reach 10,000$ or not this year because i am happily holding my bitcoin until the next few years.
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Bitcoin is going down again and that's what the definition of a roller coaster ride is. We might see bitcoin on the rise today but don't expect to continue to rise tomorrow. The market is still in the bearish market and it really needs time for it to recover. It may fall short to have its full recovery this year, but for sure, it will recover in due time.
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The current status of bitcoin looks promising as it continues to rise little by little each day but it may fell down again in the coming days. We just don't know. The price movement of bitcoin and alt coins are just very unforeseeable so it's better not to expect much about bitcoin price pump this month.
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