Time to buy back up!

[Red-Apple]

Just remember - "The time to buy is when there's blood in the streets."

It will be just like the last time after PBoC intervention, when dust will settle Bitcoin will start to climb again.

And this time we will have even more positive news to back rising trend! Coin ETF will shake the market in March!!!

Somehow this current price make me happy, every dip to buy, getting decline is better than keep climbing.
I hope we can buy more bitcoin at cheaper price such as $700-800 . It will give an opportunity for new users and investors to purchase bitcoin and we will start to rise again.

I'm sure a lot of people do not like when such an event occurs, but the upside is that it will be easier for Bitcoin to reach the oversold condition after that, and then Bitcoin will be able to climb again stronger and at a more organic pace.

only those who have recently bought bitcoin would dislike a drop. because when you look at the overall change of price, it has always been rising except the times when there is a bubble, or mini bubble and it bursts.
the rest are always happy because when you buy at least a month and more back you are still in profit and can think more clearly and see the future rise.

[1714924348]

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[ipanks]

Just remember - "The time to buy is when there's blood in the streets."

It will be just like the last time after PBoC intervention, when dust will settle Bitcoin will start to climb again.

And this time we will have even more positive news to back rising trend! Coin ETF will shake the market in March!!!

Somehow this current price make me happy, every dip to buy, getting decline is better than keep climbing.
I hope we can buy more bitcoin at cheaper price such as $700-800 . It will give an opportunity for new users and investors to purchase bitcoin and we will start to rise again.

maybe we can see the price is around in $700-$800 but i hope it will not down too far because many trader don't want to see the price is getting down. they want to see the price is increase including me  but for now, i am sure that we can buy bitcoin with the money in our hand and waiting another pump.

[delliaerd]

Just remember - "The time to buy is when there's blood in the streets."

It will be just like the last time after PBoC intervention, when dust will settle Bitcoin will start to climb again.

And this time we will have even more positive news to back rising trend! Coin ETF will shake the market in March!!!

Somehow this current price make me happy, every dip to buy, getting decline is better than keep climbing.
I hope we can buy more bitcoin at cheaper price such as $700-800 . It will give an opportunity for new users and investors to purchase bitcoin and we will start to rise again.

I'm sure a lot of people do not like when such an event occurs, but the upside is that it will be easier for Bitcoin to reach the oversold condition after that, and then Bitcoin will be able to climb again stronger and at a more organic pace.

Yes so far, I was one of those who do not like moments as discussed. I need money recently, and I missed the Bitcoin prices around the level of 1060 dollars Bitcoin, I'm planning to sell part of my balance but Bitcoin price drop to around 970 dollars only last night when I was asleep.
But i couldn't agree more with you that after bitcoin price dropped, some people will buy bitcoin and make high demands cause it.

[JosNekoKopa]

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

[Kevin77]

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

When there would be enough demand from rest of world, we never need to worry about how many bitcoins China is holding. Yes our faith on bitcoin matters, that brings the enthusiasm. The recent dump is not just because of Chinese dump but the root cause is few Chinese exchanges stopped bitcoin withdrawals.

All the dumps are just an entry for us. Maybe next time we may encounter similar market situations like when a whale books his profits and there will be an another Joe will be catching the train. No worries, we are just toward moon !

[helloeverybody]

Just remember - "The time to buy is when there's blood in the streets."

It will be just like the last time after PBoC intervention, when dust will settle Bitcoin will start to climb again.

And this time we will have even more positive news to back rising trend! Coin ETF will shake the market in March!!!

Somehow this current price make me happy, every dip to buy, getting decline is better than keep climbing.
I hope we can buy more bitcoin at cheaper price such as $700-800 . It will give an opportunity for new users and investors to purchase bitcoin and we will start to rise again.

I'm sure a lot of people do not like when such an event occurs, but the upside is that it will be easier for Bitcoin to reach the oversold condition after that, and then Bitcoin will be able to climb again stronger and at a more organic pace.

only those who have recently bought bitcoin would dislike a drop. because when you look at the overall change of price, it has always been rising except the times when there is a bubble, or mini bubble and it bursts.
the rest are always happy because when you buy at least a month and more back you are still in profit and can think more clearly and see the future rise.

I recently bought back in after the drop and it still hasnt really recovered past what i bought it at since i had to pay over spot in order to buy any but if we had a big drop i cant say i would be too bothered. I bought a little because we had a small drop, If we got a big drop then chances are i would splash out and buy a good bit more. No matter what price i buy in at i think its expensive but its all relative to whatever todays prices are.

[Okurkabinladin]

Mr. OP,

your entire thread is borderline trolling and you will be ridiculed for starting it in such happy go lucky way in due time. Technical analysis or news do not support your Über-Bull position.

Sincerely,

Your common sense.

[richardsNY]

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

Current situation is nothing new. Back then when the price was sitting at the $300's we were basically talking about the same manipulation stuff, and look where we are right now. I am sure that we will look back at current prices the same way when we are nearly touching $2000 at some point in the future. Important is that you can look back satisfied and not disappointed that you didn't buy at the prices back then.

[pitham1]

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

A few of the Chinese did panic and that is the reason the price dipped. But what should make us happy is that Bitcoin has just shrugged it off and we have resumed our upward trend. Business as usual. 

[angaper]

it is a bit disappointing to see the bitcoin becoming a pump and dump scheme so easy to be manipulated according to the interest of speculators. How could I recommend this option to invest when its value can oscillate so much in a couple of days?

[BitHodler]

it is a bit disappointing to see the bitcoin becoming a pump and dump scheme so easy to be manipulated according to the interest of speculators. How could I recommend this option to invest when its value can oscillate so much in a couple of days?

Bitcoin has been subject to pumps and dumps since its first exchange listing. I don't see how anyone would not want to invest in Bitcoin with all its fluctuations.

Fluctuations make Bitcoin a more than interesting speculative investment option where it lends itself perfectly for both long and short term investments.

If you look at the charts from the last few years, then it's clearly visible that the price has gone through a roller coaster, but if you discard the pumps and dumps, then you'll notice solid growth.

[aardvark15]

I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

[cpfreeplz]

Well we've been fairly steady the past 48h or so. I mean a couple $40 jumps here and there but we ended up back where we started. It seems to be calling back down around $1300CAD idk what that is US, almost $1000?

[RoommateAgreement]

i believe price of bitcoin will stay volatile for a while, maybe even 2 weeks and price will be crazy because of the Chinese news FUD and after a very nice and large scale shakeout then there will be a rise to $1100 this time.

[The Sceptical Chymist]

<snip>
Why many users here always blame Chinese in every dip <snip>

Those Chinese certainly are an easy scapegoat, but I think the last drop was probably because of that PBOC thing (which I don't fully understand).  Or it could have been a really nice coincidence, who knows.

This volatility is about as crazy as its always been.  I'm not sure if it's a buying opportunity or what, so I'm just going to stay in the stock market for now.  No volatility there! [/s]

[asriloni]

I hope this enthusiasm won't stop, we didn't saw real price crash, and sky didn't fall down. This is nothing in comparison how many coins are in hands of Chinese, and what could happen if they realy start panick. This make me think that this is just one time news with purpose.

A few of the Chinese did panic and that is the reason the price dipped. But what should make us happy is that Bitcoin has just shrugged it off and we have resumed our upward trend. Business as usual. 

PBOC = Nothing right now, the price of bitcoin sill steady above $1000 and fully of the newest bitcoin news about massive adoption of bitcoin by the various caste.

[Palodar]

I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

Maybe a 900$ drops is possible if chinese didn't fix their issue immediately, they are major contributor on volume of bitcoin that's why price of bitcoin is really hurting once their economy been down.
I think there is a hidden agenda relating to these occurrences.

[Pursuer]

I think the roller coaster ride will continue. We could see it drop even lower than $900. That's still high compared to last summer.

Maybe a 900$ drops is possible if chinese didn't fix their issue immediately, they are major contributor on volume of bitcoin that's why price of bitcoin is really hurting once their economy been down.
I think there is a hidden agenda relating to these occurrences.

you are wrong about Chinese volume and them having a "major contribution"! it has been proven that their volume was fake ever since they started working with their Public Bank of China. you can clearly see the drastic fall in their volume proving my point.

also if that were true, then price would have stayed low. but instead if you check the price right now you can see we are already back to $1000+ on bitfinex and other exchanges.

with that said, it is still possible to see $900 but it will require some big bad news which will like always be mostly FUD and panic sellers. and in the long run we are back to above $1000 in no time.

[jossiel]

Up up up.. pop pop pop.. Up up up.. pop pop pop..

Nothing new to see here, business as usual.

Well yeah, business as usual as always for those greediest people in the world, the Chinese traders. And PBoC is really implementing it's business principles with bitcoin.

China no longer has real impacts on Bitcoin -- we growing too big. 

They do have real impact and they will not let themselves on the last line when it comes to money matters. 

They HAD real impact, not any longer.

Sure they have impact, but not like before.

I don't think that the impact has changed because Chinese people will always be greedy and it is not going to change.

And they are one of the biggest movers of bitcoins price and that's for real. So I really can't see that the impact will change.

[numismatist]

Mr. OP,

your entire thread is borderline trolling and you will be ridiculed for starting it in such happy go lucky way in due time. Technical analysis or news do not support your Über-Bull position.

Sincerely,

Your common sense.

  oh man, bulls are always bulls regardless of what happens outsides of the filter bubble.
If you are going back in time 50 days you will see there is 900 dollars as a sustainable level now.
The magical thousands are always only crossings, sometimes icebergs above but most of the times not.

1000 sell, 900 buy, simple