Buy the dip, 2018 edition

[Itty Bitty]

For the life of me I can not figure out what category of person is selling substantial amounts in the 13,000 to 13,500 USD range. Short sellers keep running into a wall in this area, as BTC has only dipped below 13,000 for a few hours since its all time high in Mid-December. The chances of getting burned by shorting in this area seem overwhelmingly greater than profiting. Why would miners who are in it for the long run be selling in this range instead of waiting for the seemingly inevitable  bounce back up. Why would long term hodlers suddenly give up in this range. Why would people who bought too high suddenly decide enough is enough and this is the range, which has been approached quite a few times, continue to dump here. Why would people who bought in the 9-10K area after NO2X ended suddenly give up here.

Nothing makes sense! There is no way for me to understand who is dumping in this range over and over. Your input to aid me in vanquishing my  ignorance is welcome.

[Samarkand]

For the life of me I can not figure out what category of person is selling substantial amounts in the 13,000 to 13,500 USD range on Jan. 11, 2018. Short sellers keep running into a wall in this area, as BTC has only dipped below 13,000 for a few hours since its all time high in Mid-December. The chances of getting burned by shorting in this area seem overwhelmingly greater than profiting. Why would miners who are in it for the long run be selling in this range instead of waiting for the seemingly inevitable  bounce back up. Why would long term hodlers suddenly give up in this range. Why would people who bought too high suddenly decide enough is enough and this is the range, which has been approached quite a few times, continue to dump here.

Nothing makes sense! There is no way for me to understand who is dumping in this range over and over. Your input to aid me in vanquishing my  ignorance is welcome.

I guess this is caused by the fact that the actual float of Bitcoin is not
as big as you think it is.

Most people that you refer to (miners, long-term holders ...) probably have the majority
of their coins in cold-storage or custodial services. These coins are not really getting traded and therefore
don´t really influence the price action. Many Bitcoin users never actually use their funds.

To sum up, I´d argue that the price action on the exchanges is mainly caused by
professional traders, a steady flow of casual investors entering the market and a
few entities that manipulate the market (shady exchanges, pump and dump groups).

[L1240erion]

I'm super bullish on $ITC. Started at $1 and now around $5. BUY THE DIPS PEOPLE

[SunJAB]

There is still more to come. Better wait, money is going to flow in ripple yet again because Ripple has partnered with money gram now. Bitcoin will go down furthermore, so you can buy then. Yay.. New investors, seize this opportunity or cry for ever.

But some new investors jumped in when it was last at $18,000 and many here were saying it's good to buy on the dip
and IBM once had the small PC market to themselves and I am sure someone was saying buy on the dip until it ran into
the ground so you will have to convince me that it won't be you that will "cry for ever"

Maybe you would like to counter my argument with some facts instead of gut feeling or hoping to see what suits
your pocket like you did with your ripple comment

I mean I can do calculations based on ripple price  and number of coins (100bn) and BTC price-21m
being a computer programmer and come up with something (Try it, you will be surprised) but i have
trouble when it comes to speculation (XRP on Coinbase)

This is a difficult math problem and you have a great solution to maximize the profit you can get. I think that the crypto market in 2018 will explode, so we need to have bold ideas and investment to get a big return from the crypto market.

[Anti-Cen]

Nothing makes sense! There is no way for me to understand who is dumping in this range over and over. Your input to aid me in vanquishing my  ignorance is welcome.

Three things are affecting the price right now and they are
1. Fees
2. Fees
3. Fees

And we can debate later about Loss of Trust (LoT) or will Lightning fix much

Look at the price chart and now look at the fee chart ! Spot the pattern so yes someone
might had brought in at $10,000 but now want out at $10,000 because they are not
prepared to be held to ransom by the miners.

Did you know oil prices are going up so wasted energy by miners could go up if some of the 20,000
we now have don't push off and leave a bit of room so the 1,000 remaining miners can process the
few trades that are actually hitting the BC and do it for a price worth paying.

far to many miners to agree on anything so the development team need to stop it programming
for a second and add the following line of code to the program if they were not professional enought
to add it in the firs place

Public static money MaxFee=1.50 // Market forces will cull the miners down to an acceptable level

80% of Bitcoin core code is concerned with mining and little to do with what customers needs are
but if they keep this up the coin will be going in the bin and that will rub off on all the other coins too.









 

 

[noictib]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.
#bullish

Yes , this is big truth that good time to buy at this dip because people here have confusion with the Bitcoin price to have increase or decrease and most probably they are thinking that negative thing will happen i.e down in the price .
And I think that is due to a country , where voting is going on that whether to use block chain or not , since most of the people are in favour but still few rumours are running in this field and making the people panic and sell Thier coins .
May be anything happen , we should take advantage of this condition and buy Bitcoin for better profit .

[bob3772]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

Wise words, sadly I had all my money tied up in alts when the news broke and I didn't get out quick enough to rebuy back in at a lower price so was just left holding waiting for a recovery. Even after the China ban which to my mind was much worse the market recovered within weeks if not less, it's inevitable a recovery will come and this will just be another blip in the past.

[BountyX]

Let's hope this is just only a dip, and not the beginning of a bear market. In 2014 I have bought the dip, after the huge rise of 2013. Well, I had to wait until 2017 to see my money back...

[BeggarInCryptos]

If anyone wants to buy a dip in BTC, I think the day of today is perfect for that. BTC at less than half the price compared to ATH. Not bad - huh?

[Extrago]

For some it's a fall of the rate, for others it's a time to purchase. Because everyone understands that it's a temporary decline and many buy it not letting it fall lower.

[tahmad]

I want btc dip more, so I can buy more with my fixed caps. Lol hahaha
Just dip to $8000 will make my purchase get more btc then I purchase now

[maxxdxx]

It will most likely go down to $7-$8k levels. Many weak hands will sell on the way down. Then it will start the climb toward an ATH. Actually, if it hits ~$9.5k today I will be buying some btc.

[Oceat]

This is a great opportunity to buy because it's a lot cheaper than before and their wish just came true. Now how do we expect Bitcoin to rise? This month is a biggest pain in the ass as an investor i found it so nuisance every time when i look at my portfolio. I hope by the next month everything will change because it's so unfair to look at, it's just like i'm going to lose my control.

[DBerendey]

Oh, I knew that there will become dip, but didn't sold my coins.. now just waiting until the market will start rising again.. so good opportunity to buy cheap coins, but don't have free money to invest..

[EvieeHist]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

it seems so, but on the other hand it's an opportunity to set a new way to welcome progress in the next step, with bold speculation taking a high risk, while others feel crazy and panicky until many do not survive selling their coins. although it came down so low.
I think after this decline there will be a surprise that makes people regret for leaving and selling his coins.
actually success comes to the people who are patient and consistent. I think the reality of late do not be a doubt.

[peter0425]

This is a great opportunity to buy because it's a lot cheaper than before and their wish just came true. Now how do we expect Bitcoin to rise? This month is a biggest pain in the ass as an investor i found it so nuisance every time when i look at my portfolio. I hope by the next month everything will change because it's so unfair to look at, it's just like i'm going to lose my control.

I still wait till the price goes <$10K and then I will make my moved. Although at the current price which is just above $10K is a good opportunity, will continue to wait it out and see what happens.

No doubt that this month is really a headache for all of us, we need to remain calm, you have to understand that it's just the nature of the market, the bulls suddenly run off, but there will be a time that they will consolidate for another run.

The only thing we can do is just hope. I'm no TA experts, that's why I looked at other predictions and it seems that they all agree that February will be the start when the market will slowly recovered from all this corrections. Just take advantage of the current market situations, accumulate as much as you can, though I'm waiting for the perfect time to enter the market (<$10K).

[EvieeHist]

There is still more to come. Better wait, money is going to flow in ripple yet again because Ripple has partnered with money gram now. Bitcoin will go down furthermore, so you can buy then. Yay.. New investors, seize this opportunity or cry for ever.

But some new investors jumped in when it was last at $18,000 and many here were saying it's good to buy on the dip
and IBM once had the small PC market to themselves and I am sure someone was saying buy on the dip until it ran into
the ground so you will have to convince me that it won't be you that will "cry for ever"

Maybe you would like to counter my argument with some facts instead of gut feeling or hoping to see what suits
your pocket like you did with your ripple comment

I mean I can do calculations based on ripple price  and number of coins (100bn) and BTC price-21m
being a computer programmer and come up with something (Try it, you will be surprised) but i have
trouble when it comes to speculation (XRP on Coinbase)

This is a difficult math problem and you have a great solution to maximize the profit you can get. I think that the crypto market in 2018 will explode, so we need to have bold ideas and investment to get a big return from the crypto market.

I agree, do not be made to regret by abandoning everything, holding and staying investing is a good decision, this year's extraordinary surprise for crypto. except for those who are impatient and deeply in doubt about the future of crypto in the marketplace. it is reasonable to risk a little in this decline. because they can not imagine the reward.

[Capt00]

This is a great opportunity to buy because it's a lot cheaper than before and their wish just came true. Now how do we expect Bitcoin to rise? This month is a biggest pain in the ass as an investor i found it so nuisance every time when i look at my portfolio. I hope by the next month everything will change because it's so unfair to look at, it's just like i'm going to lose my control.

Yeah, hoping so. I know people are expecting more bubbles, exactly dip makes people of losing their control and lead them into selling their coins without seeing it that they are losing so much. Though it won't matter to them because they only after their money back without gaining profit.  Crypto makes fool person to be fool again, and smart guys take advantage on it as they buy their coins into cheap prices.

[posoa]

I want to state here categorically that this dip is the best period to buy as many bitcoins  as you can,as this great opportunity might hardly come by again.This is the best time to buy and make profit from it, so buying Bitcoin is a very good plan ,so that when sold after the bitcoin increases in price , the profit will be great .Many people are confused as per the dip ,while others  are seizing the opportunity to invest heavily considering the low price involved.And with the hope that the price will soon be normal again.

[hieuho381]

we are experiencing another beautiful dip because of some new FUD on the media and some weak hands panic selling their coins again.

so far the bottom has been tested at least twice in a major dip and another time in another small dip.

there is a pretty good chance that this time if we get over this dip, it will be the last dip that we are going to see this month.

#bullish

it seems so, but on the other hand it's an opportunity to set a new way to welcome progress in the next step, with bold speculation taking a high risk, while others feel crazy and panicky until many do not survive selling their coins. although it came down so low.
I think after this decline there will be a surprise that makes people regret for leaving and selling his coins.
actually success comes to the people who are patient and consistent. I think the reality of late do not be a doubt.

The market has fallen sharply, causing many investors to sell their potential peers and they are making the situation worse, with only speculators looking to market. Going deeper to buy cheap coin is really beneficial at this moment. Be a smart investor so you do not have to be a prey to a professional speculators who are always ready to take in the dirtiest coin and buy it at a very low price.