We all can avoid these whale strategies.. You can follow their route and short out when they start dumping and buy in right after they start pumping.. If you cannot do it just patiently wait for future so bitcoin will flip..
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I think many people will invest in bitcoin expecting price to reach 100000 dollars and will lose money guess is going to be true.. But I think it will eventually reach 100k, problem is that greedy people will start believing it will go further and they will find themselves losing money.
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One of my friends in workplace also keeps suggesting bitcoin will go below 6000 dollar levels to 5k, I really cannot accept this. I mean bitcoin was around 4000 dollars already before huge pumps started.. It cannot return.
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I think it definitely affects overall prices.. But hard to calculate you know. Muslims love to share money in eid mubarak days to kids and family members, some coiners could sell to give money to their families so.
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Reading this post hurts my feelings. I was expecting lot more from bitcoin around december 2017. Everything was clear as sky.. Every day we saw %5-10 increase. I was considering it to reach 50k, I still do but I am not that optimistic,
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I personally want to not panic but market situation makes me worried for sure, I mean I remember those old days when we always had good news. And after 2018 its all about bubble calls, hacks etc.. Too hard to resist.
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I am quite sure these type of investors love to talk about long term expectations and they won't change their arguments in 1 week down trends.. So bitcoin may go elsewhere, anywhere; above 20000 will happen possibly right before next halving..
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There are very accurate reasons many people keep denying, let me tell you: Bitcoin had like 3 straight years of bull market which means INCREDIBLE. And downtrends was impossible to not happen after that, it lasted like 6 months which is fine and even with it it didn't drop that much at all..
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This is only thing I agree. We may are living very downfall time but its not worst. We are still above average levels in many coins and I am sure most of us still enjoyed good incomes, over airdrops and other things.
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It will never happen as even before bitcoin rallies started price was around 5000 dollar level, this means dropping below will be very shitty for miners and they are very likely to not allow it at all. In my opinion.
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Sadly this is becoming true as I also tried to buy dip but that return back never happened. But anyways I don't mind that much, bitcoin's price isn't realistic right now. It is too low to be true. It should be above 10000 dollar level.
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Nothing is wrong, bitcoin is completely fine. If you are new to cryptomarkets you might be bit cautious cause it doesn't really increase at all. But don't worry and stay patient bright days are ahead of us, it will happen.
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I tend to trust charts and mathematical calculations. But when it comes to bitcoin I think usual analysises don't work, at all. Many of these chart analysts don't accept this fact. And I deny to follow their charts..
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I still feel like its not enough to clean bitcoin's price. As you already said yourself bitcoin needed 1000 days to reach its former all time high. I think it will be shorter this time but 173 day waiting is nothing.
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Yes I am pretty much sure that bitcoin will be more valuable in coming years 2019 & 2020.. So its possible that we are currently buying at very low priced bitcoins - it is very enjoyable in my opinion.
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Bitcoin will survive until it drops below 5000 dollars and I can easily bet that is impossible to happen. Bitcoin is now too big to fail and supported by huge miners all around the world. They won't let it die so easily.
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There are many different causes for bitcoin price drops but biggest reason is its past: It had like 2 straight years of bull markets that made şt jump into unbelievable prices, we are experiencing cool down period which may extend beyond into 2019.
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It is so weird that people are worried of bitcoin owning by criminals meanwhile there are trillions of dollars are out there yet owned by criminals too. It is not big deal, they will be here cause money. Just think about technological advancement.
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Many people call me guy with dreams and I am even going to be pretty much realistic in this manner: bitcoin may even reach 1 million dollar a unit, yeah, noone will know how governments can devalue fiat money into future and I think they will...
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I really dislike these big and heavily regulated markets are so easily exploited. These rich guys, whales manipulate regular chinese investors so quickly to make them sell their coins cheaply. I hope it won't damage btc anymore.
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