Anti-Cen
Member
Offline
Activity: 210
Merit: 26
High fees = low BTC price
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January 18, 2018, 11:57:22 PM |
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A lot of inexperienced people believe that in a market you can win forever! Sorry, you can't. Welcome to the real world.
Best quote of the day goes to this post.
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Mining is CPU-wars and Intel, AMD like it nearly as much as big oil likes miners wasting electricity. Is this what mankind has come too.
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e19293001
Jr. Member
Offline
Activity: 120
Merit: 1
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January 19, 2018, 12:30:26 AM |
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This is what I have learned: The next time you see this blood bath, make sure you have money to buy.
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ApocalypseNow
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January 19, 2018, 12:51:57 AM |
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This is what I have learned: The next time you see this blood bath, make sure you have money to buy.
Right. It's just temporary. Remember that it was December when many noobs in December had fomo on bitcoin that just jump in with no knowledge and you know that a lot of them have all weak hands and probably sold theirs in this bearish period.
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Distinctin
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January 19, 2018, 12:53:28 AM |
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This is what I have learned: The next time you see this blood bath, make sure you have money to buy.
This is the trend ever since, only the weak hands are dumping when there is a bloodbath in the market that is why the smart investors getting richer because they know where the real opportunity is and today is the opportunity to buy as the market has not fully recovered yet.
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erickkyut (OP)
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January 19, 2018, 02:27:38 AM |
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A lot of inexperienced people believe that in a market you can win forever! Sorry, you can't. Welcome to the real world.
Best quote of the day goes to this post. Yes. The newbies thought that once they invested in Bitcoin or crypto currencies, it will make them rich after a few days or weeks. The worst part of it is that they invested during the hype. Once they saw some losses on their portfolio, they will accuse Bitcoin as scam.
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sumanto
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January 19, 2018, 02:52:07 AM |
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The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
calm it's just a temporary effect every january month and every new year definitely the price will be in dump after that they will make the price back to normal again, I mean they are the players with very much capital.
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greenbitsgm
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January 19, 2018, 03:04:24 AM |
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This happening has been predicted by many analyst because of the very short span bitcoin price sky-rocketed,that a major price correction is inevitable. Analyst predicted a range of 7k-8k bitcoin price or lower, so let's hope it's the real deal and not a prep for the big one anyway,a correction like this is healthy for the market in the long run.At the moment,market is bouncing back,almost all coins in green marks, a good sign indeed.Let's hope that the bloodbsth is over,and lesson learn from those who panic sell and for those who hodl....keep hodling.
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RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
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January 19, 2018, 03:11:31 AM |
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For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there. People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning. That's crypto where patience, waiting on the drop is really being tested , try to relax! Yes we need to be patience here because every dump there is a pump that enabled us to earn a profit and we should not join the flow of the market when its going down because it maybe manipulated by some people that are planning to dump but later on they increase the price so that they can earn a big profit and the people who sold their coins in the dump losses their money. The point is you need to have some estimations on how the market run whether it will stay crashing for long or just for a while to move up back. At least when you have a prediction , you will know what to do next and you won't regret it. For now it looks like a temporary crash , once people feel confident to buy back what they have lost the recovery could be run faster.
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BlockEye
Legendary
Offline
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
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January 19, 2018, 03:41:31 AM |
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For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there. People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning. That's crypto where patience, waiting on the drop is really being tested , try to relax! Yes we need to be patience here because every dump there is a pump that enabled us to earn a profit and we should not join the flow of the market when its going down because it maybe manipulated by some people that are planning to dump but later on they increase the price so that they can earn a big profit and the people who sold their coins in the dump losses their money. The point is you need to have some estimations on how the market run whether it will stay crashing for long or just for a while to move up back. At least when you have a prediction , you will know what to do next and you won't regret it. For now it looks like a temporary crash , once people feel confident to buy back what they have lost the recovery could be run faster. Now is the best time for buy back, bitcoin price reaches below $10000 is a good time to collect more and hold till ot reach 20k again, as well in top alts, there are plenty of alts now especially 2 days ago that almost hit their bottom, when we do see potential for such project or cpin, buying it now is a great opportunity.
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Semosuchi Tesongrato
Member
Offline
Activity: 546
Merit: 33
Rasputin Party Mansion
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January 20, 2018, 11:53:28 AM |
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It's not a bloodbath, it's just a normal - and well expected - correction: after a year of fantastic growth, what did you expect?
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sartorpc
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January 20, 2018, 12:46:08 PM |
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The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
Hero member asking this is a bit painfull to see, the answer is no, normal market fluctuations, blodbaths are ok, BTC will recover from this soon. (February) I would say.
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RealPhotoshoper
Legendary
Offline
Activity: 1050
Merit: 1001
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January 20, 2018, 09:16:24 PM |
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For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there. People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning. That's crypto where patience, waiting on the drop is really being tested , try to relax! Yes we need to be patience here because every dump there is a pump that enabled us to earn a profit and we should not join the flow of the market when its going down because it maybe manipulated by some people that are planning to dump but later on they increase the price so that they can earn a big profit and the people who sold their coins in the dump losses their money. The point is you need to have some estimations on how the market run whether it will stay crashing for long or just for a while to move up back. At least when you have a prediction , you will know what to do next and you won't regret it. For now it looks like a temporary crash , once people feel confident to buy back what they have lost the recovery could be run faster. Now is the best time for buy back, bitcoin price reaches below $10000 is a good time to collect more and hold till ot reach 20k again, as well in top alts, there are plenty of alts now especially 2 days ago that almost hit their bottom, when we do see potential for such project or cpin, buying it now is a great opportunity. Some people thinks that the current market situstion is like a bullish trap. It looks bullish but actually it will remain the same get stuck at the level of $11k to $12k to get drop again untill 28th of january. Where the future contracts will end and big money involve there to do a massive selling , it is makes sense but not really accurate.
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Mahanton
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January 20, 2018, 09:21:48 PM |
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For first it's seems so strange for me, but read some trader prediction for Bitcoin is always happen every year on January and february the price down and will recovery on next month and get next all time high.
Get used to it , crypto market is full of risk . Which means the possibility to get super huge profit is there. People don't want to sacrifice to have a bad moment before they could receive a sweet unexpected winning. That's crypto where patience, waiting on the drop is really being tested , try to relax! Yes we need to be patience here because every dump there is a pump that enabled us to earn a profit and we should not join the flow of the market when its going down because it maybe manipulated by some people that are planning to dump but later on they increase the price so that they can earn a big profit and the people who sold their coins in the dump losses their money. The point is you need to have some estimations on how the market run whether it will stay crashing for long or just for a while to move up back. At least when you have a prediction , you will know what to do next and you won't regret it. For now it looks like a temporary crash , once people feel confident to buy back what they have lost the recovery could be run faster. Now is the best time for buy back, bitcoin price reaches below $10000 is a good time to collect more and hold till ot reach 20k again, as well in top alts, there are plenty of alts now especially 2 days ago that almost hit their bottom, when we do see potential for such project or cpin, buying it now is a great opportunity. Some people thinks that the current market situstion is like a bullish trap. It looks bullish but actually it will remain the same get stuck at the level of $11k to $12k to get drop again untill 28th of january. Where the future contracts will end and big money involve there to do a massive selling , it is makes sense but not really accurate. Thats what makes crypto market is to unpredictable but somehow those fundamentals can really help us to make such decisions and its much better than on making orders on random basis.For now bitcoin had break the resistance for now we can assume that this is the beginning of bullish trend but well chances of pullbacks would be always there but we wont really even see those 9k price which we have been seeing on last few weeks. Those are missed chances on buying cheap coins.
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Raist
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January 20, 2018, 10:31:44 PM |
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I have heard from many members here that setting BTC into "futures" aggregate moving unpredictable cryptomarket into even more unpredictable field. Hope to see later this year at least one altcoin which rate changes will be detached from direct dependence of BTC rate. Or it will be pure sadness like WS guys baking market as they wish.
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richardsNY
Legendary
Offline
Activity: 1232
Merit: 1091
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January 20, 2018, 10:36:44 PM |
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Hero member asking this is a bit painfull to see, the answer is no, normal market fluctuations, blodbaths are ok, BTC will recover from this soon. (February) I would say.
Forum account rank doesn't mean anything nowadays. Acounts get bought and sold every day, and it's a damn shame (not saying OP's account fits in that category). I have seen legendary members talking pure nonsense for quite a while now, so I'm not shocked to see high ranked members not being very knowledgeable. On the other hand, we have to take into consideration that not everyone is a trader following the market. In that way, OP's question seems fairly relevant given what has happened, except for the fact that he's talking about it potentially being the end of the crypto world. If I read that, it directly shows that he doesn't know what crypto really is....
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Ewox
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January 21, 2018, 12:26:15 AM |
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The blood bath had already ended ans was a result of the price correction. Hopefully this correction is fully done and over with so the other coins as well as bitcoin can then move on to increasing their prices.
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bbcolex
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January 21, 2018, 12:50:36 AM |
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not new, we all see bloodbath every now and then almost crypto currencies are dependent or connected to bitcoin price, as bitcoin price decrease expect a correction to almost Alts , though some good coin remain strong and steady but the volatility really is high in this league. Nothing to worry though, as this kind of scenario can be encountered any time of the year.
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Magister Magus
Member
Offline
Activity: 328
Merit: 39
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January 21, 2018, 09:23:18 AM |
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It seems that bloodbath is already at its end, even if you can see a lot of weak hands bodies on the battlefield. It was just a result of a deliberate manipulation, made by big players, just to push out of the market small investors and to buy at low price.
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alkhie01
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January 21, 2018, 09:52:19 AM |
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Because of the FUD that comes from Korea it affects a lot the crypto industry so some of the investors are panicking and dump their assets, but this is just a normal situation in crypto industry.As you can see there's a lot of big projects are coming and they are really showing that crypto will be useful in the future so we cannot if when will be the end of this.The important is as long as you are gaining some profits take advantage on it and when the time come's at least nothing will be missing from you.
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X-ray
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January 21, 2018, 10:48:18 AM |
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It seems that bloodbath is already at its end, even if you can see a lot of weak hands bodies on the battlefield. It was just a result of a deliberate manipulation, made by big players, just to push out of the market small investors and to buy at low price.
I believe we are in another bloodbath caused by this news. https://cointelegraph.com/news/indian-banks-suspending-bitcoin-exchange-accountsIt's not about manipulation and something like that. you may need to understand if sometimes there is a bad news to the crypto and it can give a lot of impact to the whole of market to. it's not only about manipulation.
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