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Author Topic: It's Not Over Yet  (Read 515 times)
Shamie1002
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February 06, 2018, 10:16:35 PM
 #21

I do agree that it will not be the end for bitcoin and those who invested at its peak.
FUDs are endless, and I hate it. When people go posting some news there should be proper citations and references. Well, I hope articles are true though. Sometimes, news are terribly wrong too.

Many names of I don't know experts that are coming out lately and says "bitcoin is a bubble".
I was like who the hell are they saying that.

I am rich and I say Bitcoin will go down ( sarcasm ) .
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February 07, 2018, 02:22:21 AM
 #22

based on your graph, the price of bitcoin now is still acceptable compared to the price a few months ago, i agree not to panic sell, we have entered this bitcoin world and we should swallow all the good and bad effects of return on investments. risk taking is a part of investments, FUD creates a plot for us to sell and risk all our assets, we know their schemes and we should not fall for it, be wise and patient.

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February 07, 2018, 03:09:36 AM
 #23

Yes, I agree. I think the price rise was just a dead cat bounce. I am still seeing that it will go down further to the $4,000 area and hoping that support level will hold if not we may see it go down to $2,000. 

Also there is no new catalyst to make the price rise.


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February 07, 2018, 04:16:21 AM
 #24

Yes, I agree. I think the price rise was just a dead cat bounce. I am still seeing that it will go down further to the $4,000 area and hoping that support level will hold if not we may see it go down to $2,000. 

Also there is no new catalyst to make the price rise.


Well i also believe that everuthing in bitcoin is not over it will really riae soon because it is really the nature of the movement of the price of bitcoin it is really unstable from the past so then we don't have. to be afraid of its price whenever it will fall or rise because bitcoin is really unpredictable.

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February 07, 2018, 04:21:07 AM
 #25

OP has given a clear description for the price fluctuations that happened days back leading to drastic fall in value of each and every altcoin as well. The chart clearly shows the price variations that has taken place between years. Hope the same to take place by this year too.

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February 07, 2018, 04:21:58 AM
 #26

FUD spreading like wild fire and news agencies and all form of media are buying it for the sake of site visits and traffic. There's also a lot of instant crypto experts who gives unsolicited advise to holders that the end is near. Who cares and who needs their advise. As far as I know, what we are experiencing now is nothing new to the market and if you are not used to it, definitely you are new to crypto. HODL!



Chart Source: Cointelegraph

BTW: As I type this post, BTC-USD is back to $7,350

OP, I am trying to figure out the relevance of the two graphs as I have difficulty understanding them in connection with your post since they don't show any technical analysis. Both don't have the same pattern of rise and fall. What is your messagr with the graphs? Do you or anyone mind explaining?

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ronics
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February 08, 2018, 03:29:34 AM
 #27

  Its not really endless in the name of bitcoin it is continued to serve people who want to know what bitcoin and the long way in our tunes are a chance to fall to be one.and many stable even in time and bitcoin years and the bitcoin goes on and becomes on and become a king to the ends of the world no matter what those noobs dumps of believe or such a realistic and manipulators are celebrating today.they do every year and need to be repeated over it .over and over again and we are struggle right now and need to wait for next prediction. So bitcoin is actually recovering at a price of 50%  to 30% today  and this month.
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February 08, 2018, 04:11:02 AM
 #28

FUD spreading like wild fire and news agencies and all form of media are buying it for the sake of site visits and traffic.
FUD is the main reason why there are numerous panic sellers who are ignorant in the system of cryptocurrency. Like me, I am a newbie in cryptocurrency and I do not know when I will buy till I will sell my coins. And it is too scary for me if someone will make some FUD about cryptocurrency but I did not follow them. I hold my coins till I know it my capital will back or gain.

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February 08, 2018, 04:57:14 AM
 #29

Exactly mate, the manipulators have acheived what they were trying to do through the FUD they spread around the community, and the panic sellers were contributing in their mission by feeding them more and more at low price.
I believe that this dump is not going to stay for a long time.
The panic sellers are now shocking with the results of their selling. The price is moving up and they are now stressful in what they did. Holding is the best solution when the price dropped and I think selling in a low price is not profitable. You just sharing your assets to the manipulators of the market.

We admitted that some bitcoiner are in the states of panic selling because they do not know yet the background cycle. Many different cryptocurrencies that has different equivalent. It is up to you on how you are going to generate your investment in the system of bitcoin.
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February 08, 2018, 05:01:51 AM
 #30

When I was new I can easily panic but I have seen this situation a lot of times in my life as a trader so now I get used to
it and I believe when the market is down it's not a time to panic, rather a good time to buy, as of this writing, price is already at $8,000.

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February 08, 2018, 02:13:18 PM
 #31

And mostly, new comers and bandwagons always have the weakest mentality of not HODLing their cryptos making the wild fire spread even more. Good thing bitcoin has started to recover from dip now and maybe, it's another unpleasant graph for the ones how have already sold their crypto holdings.

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February 08, 2018, 02:23:30 PM
 #32

Exactly mate, the manipulators have acheived what they were trying to do through the FUD they spread around the community, and the panic sellers were contributing in their mission by feeding them more and more at low price.
I believe that this dump is not going to stay for a long time.
The panic sellers are now shocking with the results of their selling. The price is moving up and they are now stressful in what they did. Holding is the best solution when the price dropped and I think selling in a low price is not profitable. You just sharing your assets to the manipulators of the market.

We admitted that some bitcoiner are in the states of panic selling because they do not know yet the background cycle. Many different cryptocurrencies that has different equivalent. It is up to you on how you are going to generate your investment in the system of bitcoin. Go on for bitcoin because it is not over yet.
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February 08, 2018, 02:33:22 PM
 #33

FUD spreading like wild fire and news agencies and all form of media are buying it for the sake of site visits and traffic. There's also a lot of instant crypto experts who gives unsolicited advise to holders that the end is near. Who cares and who needs their advise. As far as I know, what we are experiencing now is nothing new to the market and if you are not used to it, definitely you are new to crypto. HODL!

~snip~

Chart Source: Cointelegraph

BTW: As I type this post, BTC-USD is back to $7,350

I have seen that trend since last year, and as I have said in numerous Press thread, media are really riding the popularity of bitcoin and crypto's, most of the news are utterly garbage. Hell, you don't even understand where they get their sources. They just want to have clicks on  their site for instant money. As for the crypto experts, I don't follow them, I just read their analysis and predictions. But I love those who are really bullish about bitcoin, but if you have to take a closer look, most of them have investments so it wouldn't be surprise to anyone if they are telling that bitcoin could reach this and that price at the end. But we all know how everything pans out, we should HODL as long as we can and then just cash it out if we needed emergency, otherwise HODLing for long term is the best and easiest strategy to earn profits in the long run.

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February 08, 2018, 02:46:34 PM
 #34

True! This is good in a way that the panic sellers get out of the way from the long term holders! Tongue There is only a limited supply and not everyone is going to get a hold of it! So, poeple in power who do not understand bitcoin or could not get their hands on it usually try to control the situation by banning or controlling bitcoin exchenges. Unfortunately, Korea was one of the biggest investors of bitcoin and shutting down that base has hit bitcoin very hard! This will of course be back to normal again in about 6 months or so, when the base will be shifted from Korea to some other country which will have more bitcion friendly policies (or no policy Tongue). Till then good luck! Smiley


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February 08, 2018, 02:58:49 PM
 #35

Instead of getting scared of FUDs when I see them, I actually get mad. And what makes it worst are people who ask seriously if this is really the end of bitcoin and asking for advise. Maybe we should have a support group for these people in these forums so they can huddle and talk it out else they make matters worst.
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February 08, 2018, 03:04:44 PM
 #36

We have seen this scenario dozens of times before in last years, everyone saying bitcoin is going down, bitcoin will die, governments will bann bitcoin and the price will never recover. But always happens the same, after the price falls and people are very scared and sell all the bitcoins the price starts to recover and increase to a new higher value.

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February 08, 2018, 03:05:54 PM
 #37

As far as I know, what we are experiencing now is nothing new to the market and if you are not used to it, definitely you are new to crypto. HODL!
You said it right! We had experienced this before so we better used to these corrections and just ignore if there are too many panic sellers. Just don't let yourself get attached with those people cos you will definitely do the same thing as they did.

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February 08, 2018, 04:50:26 PM
 #38

I think there is a lot of money waiting to be invested, but as long as the tether drama is not solved people are reluctant to invest
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February 09, 2018, 01:52:35 AM
 #39

Bitcoin is not yet over, its just beginning.. The most important thing about Bitcoin is its a currency of the people, lets not have greedy corporations take that away from us
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February 09, 2018, 02:04:46 AM
 #40

I think there is a lot of money waiting to be invested
Coming from the whales until some issues are settled but the problem here that there are people who are unstoppable from spreading FUD but I know they will be tired soon.
but as long as the tether drama is not solved people are reluctant to invest
Isn't this drama was done since December? Media's are taking so much attention to this while the growth of bitcoin has been ignored.

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