Bitcoins ultimate purge of weak hands. This is a good thing. The same weak hands that will be suckers on the way up  |
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2k$ iv very possible in this Month for BTC.
Get ready to buy the dip  |
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Brave Hodler .... no guts no glory |
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50X leveraged long would have fucked you over at lightspeed...  |
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Bitcoin will rise 2000000% again. Be ready for $112M bitoin |
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Panic wave seems over Bitcoin is climbing back to it's true value Bitcoin survived a pandemic and proves itself again Anyone who bought the dip *congrats* Up to $100k 5-dig would be it’s normal valuation for theses period of time.... gogogogo Also like with the bcash fork and precious halving, didn’t we have had a drop as well.... a huge one? Those periods 2500 to 1600 ish kinda similar all just looks bigger at higher prices.... I am little bit confused. I tought halving had to do with the miner reward. Instead I got an halving in price! I am a little bit puzzled! /j All is fine. 1BTC=1BTC OK If a miner digs and finds less and less gold. That means he has less to sell but has to work equally as hard as before. If a lot of people want gold and there is a limited amount then people will be wanting to pay more for it. It's called scarcity. The reason why limited editions are worth more. Scarcity is built into bitcoin... |
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Panic wave seems over Bitcoin is climbing back to it's true value Bitcoin survived a pandemic and proves itself again Anyone who bought the dip *congrats* Up to $100k 5-dig would be it’s normal valuation for theses period of time.... gogogogo Also like with the bcash fork and precious halving, didn’t we have had a drop as well.... a huge one? Those periods 2500 to 1600 ish kinda similar all just looks bigger at higher prices.... Well before I was in bitcoin I heard of the 2011 dip from $32 to $2 (94% drop). You need to have bigass balls to live through that without breaking a sweat.... So this is nothing  |
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Up 19% since the bottom (Bitcoinwisdom). It sucks to be mindrust now I never thought I would be the one who sodl the bottom but it happened. It is over now. Last night the world was coming to an end, Now it is going to 100k. This thing is volatile. I couldn't handle it. Maybe If I took profits when it was above 10k It would have been another story. I also wouldn't sell if that was a no reason dip but it wasn't. It was a global meltdown. Excuses won't change a thing... I have quite some skin in the game and have seen this happen before. It's no fun to see a potential >$100k evaporate in a half an hour and not feel slightly sick. Bitcoin is resilient and chances of it going to zero are zero too... Anyway I bought some ETH on the dip this time, hoping for $124 to go 15-fold in near future |
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Panic wave seems over Bitcoin is climbing back to it's true value Bitcoin survived a pandemic and proves itself again Anyone who bought the dip *congrats* Up to $100k |
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That chart is anything but "powerful". You picked two arbitrary points and drew a straight line between them and drew a conclusion from that. That's ridiculous. I could just as easily show you why bitcoin's bull run isn't finished yet by drawing a straight line from the very beginning of that chart (in 2017) to the present--and my line would be equally as silly.
OP, if you really think bitcoin is headed lower, are you putting your money where your mouth is and shorting it? How confident are you in that line you drew?
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I have already a pending bet with a member of this forum. The stake is 0.05 BTC that's who confident I am. 2020 is a bearish year, 2021 not sure yet but it depends how low you can buy. My bet (extremely confident) is Bitcoin will stay below 19k for the whole year until end of 2021. About the first part of your post, not sure if you noticed but there are 3 points, not 2. Please look again before posting. Resistance resistance blah blah. TA's keep indicating resistance levels to be broken through before going down a trend and yet once that level has been broken, they start again with the " but oh, the resistance level of $XXXX need to be broken as well before the trend". Endless cycle tbh. And they wouldn't even suffer since if it did break, they'd just say that A trend is coming, and if a trend didn't come, they'd just go back to "it failed to break through the resistance" again and again.
downtrend of 7 months? hmm where? I'm pretty sure September started with $7k and considering the $8k we have right now, I'm pretty sure there's no downtrend what so ever. The downtrend was when the price hit $14k then went down to the $7k, but currently bearish factors have already stopped and if you look at it in a wide perspective, you could say that it's just a sideways movement with a span of 3-4 months.
Hopefully you will wake up when Bitcoin goes below 6.4k, which will happen this year. Below 6.4k means the next major support is around 3.Xk. A surprising day, but a good day for those who sold earlier. The unusual was we had a very good January and also a very good February, quite a rare sight in the Bitcoin world (January has traditionally been a very poor month for bulls). Back on topic: support at 6.4k officially broken I am afraid. Next move?  Relax it's bitcoin.... it will go up... bitcoin is deflationary |
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lack of confidence in the markets in general could explain a 20% to 30% drop not a freakish 50% drop that is not slowing down either!
Anyone in crypto knows that the cryptomarket is more volatile than any other market... 50% drop is nothing for bitcoin A climb $1000 an day climb neither |
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I said we are in a bear market. You keep selling hopium, saying that the profit was 100%+ from 3k, but how many bought at 3k? What about those who bought at 6k, 9k, 12k? What about those who have families to feed and were in DCA, buying every week, regardless of price?
Now you are going to blame the fake pandemic on this dump, to sell more hopium. This fake pandemic is the beginning of a global police state, and the whales who sold themselves to paper speculation will dump their bitcoins.
The pandemic is very much "not a hoax" It might not be as bad as people expect but it is a worldwide epidemic. It has nothing to do with a police state .... Stop smoking bad stuff....  Really? Then why the italian government turned a entire region into a prison? Its just a flu virus, known for decades. They are computing every death from pneumonia as part of the "pandemic". 1) Quarantine is not a prison. It's a request to stay home to stop the spread. It's not to suppress the people, it's to stop them dying. A lot of peope have self-quarantined. Most can work from home anyways.... 2) It's not "just a flu"... Flu has a fatality rate of 0.1% Corona has a fatality rate is 6.9% based on the Chinese numbers.... which is 690x worse than the flu. 3) Where did you hear this? This is simply not true... 4) So please inform yourself.... Here is a good source of live data https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6 |
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Bitcoin is influenced by the economy
Economy is influenced by corona
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This is not looking too good for Bitcoin holders. Some scientists estimate there will be 100 million plus infected with the Coronavirus2019 in the United States, eventually.
USA is the finance and Bitcoin capital of the world.
Influenza is a part of life. Corona will be too. Just need to get used to the idea. In a year they will be close to a vaccination... |
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The only thing still missing is the forum going down  Nostalgia And MtGox getting DDOS'ed Good 'ol days of pump 'n dumping |
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I said we are in a bear market. You keep selling hopium, saying that the profit was 100%+ from 3k, but how many bought at 3k? What about those who bought at 6k, 9k, 12k? What about those who have families to feed and were in DCA, buying every week, regardless of price?
Now you are going to blame the fake pandemic on this dump, to sell more hopium. This fake pandemic is the beginning of a global police state, and the whales who sold themselves to paper speculation will dump their bitcoins.
The pandemic is very much "not a hoax" It might not be as bad as people expect but it is a worldwide epidemic. It has nothing to do with a police state .... Stop smoking bad stuff.... |
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Just as hard as it crashes, it can recover.
The corona virus is hurting the economy and bitcoin reflects that.
In a few months people will have a better outlook on the situation.
There is no real problem with the underpinnings of bitcoin or the economy.
Just a matter of time to recover....
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Next we are going to 100000000 tomorrow!!!!111!!! Pumpz! Lambos! Swag!
I wish you were right.... Even if youl'd be 3 zeroes off I'd give you credit |
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It's a worldwide panic because of corona.
We all know corona isn't going to kill us all.
SO CHILL THE FUCK OUT!!!!
You sound panicked. I'm chill,don't scream at me. There's no need to use capital letters.Nobody cares about what you say or write.If people want to panic,they will panic.Just saying 'DON'T PANIC!!!' simply won't work. Last week many people where writing posts asking "is bitcoin a safe heaven,if the coronavirus creates a global recession". I guess,that we have a clear answer now.Every market is driven by fear and greed.Now,the fear is way more than the greed.Just HODL and forget about the prices and the charts for a while. Hodling since 2003 or so .... no panic here |
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Bitcoin is dead  It's time for sell off... It's just a stupid panic. Time to buy You don't get rich by playing safe... |
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