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Author Topic: Bitcoins' pullback is over!  (Read 566 times)
btc_angela
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February 20, 2018, 07:01:30 PM
 #21

The year usually starts with bearish market. Previous trends explain the exact same scenario. In addition to that, the ridiculous bullish run of overall crypto market in December was expected to be followed by a bearish market. Many other reasons like heavy manipulation by Wall Street giants, korean FUD and regulations followed by various negative comments added to the dump.

I was analysing the price action, and negative manipulation ended near $6000 because after that the support level was $4500 which could have created a massive FUD leading to massive selling ultimately ruining the market. Whales and manipulators never waned that. Now the bullish cycle has started and is expected to go till june-july.

Yes, almost 2 months of bearish market, hard to take for someone like newbie or even season crypto investor.

But everything has settled down and we have rebounded beautifully, bitcoin is now testing $12K, but I find it that we need another push to break this numbers.

Yes, the trend holds true. After the Chinese New Year bitcoin will pickup like what we are witnessing right now.

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February 20, 2018, 09:27:38 PM
 #22

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
Congrulate everybody for this news. After that i only wish you to see green color because when bitcoin turns red, the market is following it. I agree with your ideas and i think we should make more money by taking advantage of the situation.


This account, Xardasim is stolen !! You are a thief - please, give back !!

The information has been forwarded to cyrus - bitcointalk admin.

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btc78
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February 21, 2018, 01:45:51 AM
 #23

The pullback was been occured due to the fud calamities caming in and since the crisis has been done it close the mindset of the people to trust the bitcoins state again, that's the reason on why we can see the price almost breaking to 11k$ again but maybe we can see it pump to its uppermost level by this next following months.
yups and ofcourse with the help of trolls it became possible,not we're strongly standing at $11,000 and resisting not to drop again.if this continue for a week or so,this is the meaning of growing again in which were all have waiting for.yes all of us waiting for another growth after a biggest downfall ever

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February 21, 2018, 04:01:12 AM
 #24

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.
Congrulate everybody for this news. After that i only wish you to see green color because when bitcoin turns red, the market is following it. I agree with your ideas and i think we should make more money by taking advantage of the situation.


This account, Xardasim is stolen !! You are a thief - please, give back !!

The information has been forwarded to cyrus - bitcointalk admin.


Create a scam accusation thread in reputation board of Trading Discussion, and you can also try Meta section for better assistance over this as shouting out here will not help, but you can take their post as reference to show any differences you've seen in their posting style.



There's a great initiative taken by Indian government - Cabinet approved a bill that stops usage of ponzi schemes and chitfunds. More here - http://www.zeebiz.com/india/news-cabinet-approves-bill-that-bans-ponzi-schemes-cryptocurrencies-37529

This happened due to the huge scam that was committed by Nirav Modi who did a loot to PNB Bank by running away with 1000s of Crore Rupees.

Actually, I haven't read anything specific about cryptocurrencies related to this, but they're still comparing Bitcoins to ponzi and this could be a problem for those who are taking deposits without any records (just like bitconnect). I'm not against any crypto, I've used the relevant example to explain my thoughts.

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February 21, 2018, 07:03:29 AM
 #25

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

Not yet dude. It's slowly recovering. See today's growth is bit sad watching.  Almost $1k dip is seen. As you said yes experts predict bitcoin reach $30K minimum by end of this year. The market is unpredictable. Last 10 days growth were healthy and steady,  but today an unexpected dump to loose $1000K. It should pull back as you said.
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February 21, 2018, 08:28:39 AM
 #26

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

it is likely to happen on the view from last year's charts mid-year prices are definitely starting to come back up and at the end of the year all altcoins are experiencing tremendous increases including bitcoin hopefully bitcoin prices soon recover.
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February 21, 2018, 10:38:17 AM
 #27

Looks like we're not going to see it pullback drastically anymore, now it's time the price will be above $10k for so on I guess.
Which obviously., investing in bitcoin is still very feasible and will lead to a profit, well though it describes a less certain, but because I believe it will be more desirable to many people, the price is still likely to moving up from previously and from nowadays.

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February 21, 2018, 03:00:23 PM
 #28

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 


Well back then everybody was busy panicking and thinking of doomsday scenarios where btc will go a lot deeper. Though there are those who were sound enough not to let fuds affect them and goos for the. Well good for us that is Tongue

 
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February 21, 2018, 10:14:17 PM
 #29

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 


Well back then everybody was busy panicking and thinking of doomsday scenarios where btc will go a lot deeper. Though there are those who were sound enough not to let fuds affect them and goos for the. Well good for us that is Tongue

I still think that the main market works completely for other people, and we only get crumbs from the table. This despite the fact that before you earn, we can very well lose on their investments, because the market is almost always unpredictable.
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February 22, 2018, 03:38:11 AM
 #30

Looks like we're not going to see it pullback drastically anymore, now it's time the price will be above $10k for so on I guess.
Which obviously., investing in bitcoin is still very feasible and will lead to a profit, well though it describes a less certain, but because I believe it will be more desirable to many people, the price is still likely to moving up from previously and from nowadays.

$10K resistance is so strong that I also think that we are not going to see the price dip below that. Although its been a roller coaster ride at $10300-$11700. I thought that we can test $12000 this week but it will not happen. But we should be glad that the dumps are not that significant and we can bounce back fairly quick.

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 


Well back then everybody was busy panicking and thinking of doomsday scenarios where btc will go a lot deeper. Though there are those who were sound enough not to let fuds affect them and goos for the. Well good for us that is Tongue


Those noobs can be easily swayed by FUD specially those who bought at the top price during the December frenzy. They panic when everything evaporated just like that then comes the FUD schills and doomsayers which added fuel to the fire. That's why they are the victims here, potential profits is gone because they are too emotional. Then they join the doomsayer that bitcoin is dying or bitcoin will go to 0. Well, you can't blame them. They went to the market with the hope that its a get rich scheme which they learn in the hard way that its not.

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February 22, 2018, 04:23:50 AM
 #31

After the craziest and the most desirous wave that took place when the value went above $20k, we experienced the most awaited and whacking collapse watching it drowning under $7k. It was worst, but had a hope that nothing could go nuts and that we'll see those days when it'll start gaining back once again after fighting the denials of Governments. I believe now is the time. It has gained back more than 50% in a few days and I'm hearing that it'll be more than $25k till mid July.
I think it's the best time to invest in Bitcoins (if you see it as a safe-haven asset and are interested in much better gains than keeping your money in banks). I won't ask you to put too much, but for an average person - I believe that $500 shouldn't be a big deal to invest as the risk-to-reward ratio here will be much higher compared to other assets available.

Best time to invest is if you bought the dip... Though right now is still a decent time to bet on BTC going up long term.

I really do think that markets have matured enough, and that we're probably never going to see BTC under $5k again any time soon.

The pullback was really expected, but the dump got the weak hands going absolutely bananas. People posting about why BTC will go down to $20, even. That kind of thing happens when BTC is crashing, but never happens when BTC is rising up.

Don't trade with your emotions, because after a dump will always be a pullback, and that is now.
Newbies let their emotions to take control of their trades, when bitcoin is doing well we see threads stating huge prices for bitcoin from several hundreds of thousands of dollars to millions to speculation about bitcoin replacing all fiat but when things go wrong then we get threads like bitcoin is dead and it is crashing to zero this show to us one of the reasons of why the price is so unstable.
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February 22, 2018, 04:35:36 AM
 #32

Looks like we're not going to see it pullback drastically anymore, now it's time the price will be above $10k for so on I guess.
Which obviously., investing in bitcoin is still very feasible and will lead to a profit, well though it describes a less certain, but because I believe it will be more desirable to many people, the price is still likely to moving up from previously and from nowadays.

$10K resistance is so strong that I also think that we are not going to see the price dip below that. Although its been a roller coaster ride at $10300-$11700. I thought that we can test $12000 this week but it will not happen. But we should be glad that the dumps are not that significant and we can bounce back fairly quick.
Don't you mean support? And I don't think there is a 10,000$ resistance as to what many consider it as a 5 Digit pass point or milestone for Bitcoin, some people also created the word "psychological barrier" to it describing the the pass point of Bitcoin but with all the dipping and passing the 10,000$ level it has proven that there is no resistance to break or support to bounce to. The way I see it 10,300$ and 9,500$ is is support levels which was proven yesterday when it quickly bounce back to 10,700$ now.
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February 22, 2018, 04:41:43 AM
 #33



Those noobs can be easily swayed by FUD specially those who bought at the top price during the December frenzy. They panic when everything evaporated just like that then comes the FUD schills and doomsayers which added fuel to the fire. That's why they are the victims here, potential profits is gone because they are too emotional. Then they join the doomsayer that bitcoin is dying or bitcoin will go to 0. Well, you can't blame them. They went to the market with the hope that its a get rich scheme which they learn in the hard way that its not.

That's why they are called noobs in the first place but yes we can't blame them.

Thinking bitcoin price will just stay upwards, these noobsstick to that kind of mindset without realizing that a crash or dip might happened on the way. But honestly, it was a good experienced for them to be swayed by FUD and then regret follows as in here they will realized that bitcoin price crash is not the type of scenario where they will just easily pullout their assets.

With that kind of experienced, these noobs will improved their thinking that a crash is part of the system and if they planned to hold for long term then they can conclude that they must disregard any forms of movement on the price because all they need to do is to HODL.

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Idrisu
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February 22, 2018, 07:07:21 AM
 #34

The dip is actually over when bitcoin recover above  $10,250 trading area. We should expect a bullrun or bullish trends that will push bitcoin above $18,000 from next month. If you are a long-term investors now provides the best opportunities for you to buy bitcoins and others coins. I think this year will be better than last year and we would have a fruitful 2018.
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February 22, 2018, 12:37:30 PM
 #35



Those noobs can be easily swayed by FUD specially those who bought at the top price during the December frenzy. They panic when everything evaporated just like that then comes the FUD schills and doomsayers which added fuel to the fire. That's why they are the victims here, potential profits is gone because they are too emotional. Then they join the doomsayer that bitcoin is dying or bitcoin will go to 0. Well, you can't blame them. They went to the market with the hope that its a get rich scheme which they learn in the hard way that its not.

That's why they are called noobs in the first place but yes we can't blame them.

Even Noobs can act like the ones who are interested to do a deep research of what is going on and why.
Instead, they just go with the flow and sell their coins for cheap.


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Thinking bitcoin price will just stay upwards, these noobsstick to that kind of mindset without realizing that a crash or dip might happened on the way. But honestly, it was a good experienced for them to be swayed by FUD and then regret follows as in here they will realized that bitcoin price crash is not the type of scenario where they will just easily pullout their assets.

This is what happens when unexpected dips are painted over the charts by whales who are undoubtedly interested in buying these noobs' coins for cheaper, making it real hard for them in the future to gain even 50% of that amount in BTC if they pump it up to more than 100% in fiat.


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With that kind of experienced, these noobs will improved their thinking that a crash is part of the system and if they planned to hold for long term then they can conclude that they must disregard any forms of movement on the price because all they need to do is to HODL.

I believe it's all because of the lack of knowledge and not experience alone, as there is nobody here to teach them everything.
But, as I've elaborated before - if they're going to act like a kid, they should never invest only into anything as they don't hold the HODLing power that's needed in each and every investment ever made.

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dinoloverpete
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February 22, 2018, 02:19:51 PM
 #36

Looks like we're not going to see it pullback drastically anymore, now it's time the price will be above $10k for so on I guess.
Which obviously., investing in bitcoin is still very feasible and will lead to a profit, well though it describes a less certain, but because I believe it will be more desirable to many people, the price is still likely to moving up from previously and from nowadays.

$10K resistance is so strong that I also think that we are not going to see the price dip below that. Although its been a roller coaster ride at $10300-$11700. I thought that we can test $12000 this week but it will not happen. But we should be glad that the dumps are not that significant and we can bounce back fairly quick.
Don't you mean support? And I don't think there is a 10,000$ resistance as to what many consider it as a 5 Digit pass point or milestone for Bitcoin, some people also created the word "psychological barrier" to it describing the the pass point of Bitcoin but with all the dipping and passing the 10,000$ level it has proven that there is no resistance to break or support to bounce to. The way I see it 10,300$ and 9,500$ is is support levels which was proven yesterday when it quickly bounce back to 10,700$ now.

There was a large amount of support just above $10,000 which seems to have fallen but we haven't yet fallen much further which is promising. I also see there being quite a lot of support in the 9400-9700 range but after that it would be down to the low 8000s.

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February 22, 2018, 02:32:06 PM
 #37

We could be facing another pullback at the moment. Hopefully the support will hold.
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February 22, 2018, 02:44:44 PM
 #38

Are we going back  again to 6000$?  I was so happy lastweek when bitcoin made a bullish trend ,and yet here we go again ,going back to the critical line. Hope it wont go down below $10k.
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February 22, 2018, 04:02:31 PM
 #39

Are we going back  again to 6000$?  I was so happy lastweek when bitcoin made a bullish trend ,and yet here we go again ,going back to the critical line. Hope it wont go down below $10k.

Price falls faster than the increase for the last week. This may be the sign of the downward trend is not over yet. It is quite possible that the price will fall below 10k $.

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February 22, 2018, 11:17:10 PM
 #40

Now is definitely a good time to invest if you're in it for the long term. The recovery to the current price should attract a lot of longer term investors who were put off because they thought a recovery might not happen. Of course bitcoin could dip again but similarly it could reach a new ATH soon.

13 days ago was way better time to buy Bitcoin. You could almost double your investment by now.  That is a huge profit for those that are willing to take a risk. 


Well back then everybody was busy panicking and thinking of doomsday scenarios where btc will go a lot deeper. Though there are those who were sound enough not to let fuds affect them and goos for the. Well good for us that is Tongue



Only time when you can double your money in two weeks is to buy when there is blood on streets. Everyone's blood including yours.
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