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Author Topic: Is deep over or it is just the beginning of the end?  (Read 420 times)
Jating
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March 17, 2018, 11:09:00 PM
 #21

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

I don't think that the dip is over, right now bitcoin's price just went below $8K, but immediately regain. But we are not out of the woods. Yes, its gonna be a make or break for us, specially the agreement in G20 this coming Monday. I think this want contributes to the current downtrend.

But I don't know if we are going as low as $3K. The last bottom we got is $58xx-$6K. I think if the G20 doesn't went on our favor, I'm expecting the price go south at around $6K before we can see another bounce because I'm sure that those who have waited to will purchase around that price.
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March 17, 2018, 11:10:20 PM
 #22

I believe "bears" will go home soon . Community is waiting for a good news from g20 summit , but everything is possible - if they'l decide to ban crypto it will be the beginning of the end , like you said . But personally I don't  think it will happen now .
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March 17, 2018, 11:13:43 PM
 #23

I think now there is a very strong drawdown that takes place not just. There is enough cause for concern, but I still urge you not to panic.
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March 17, 2018, 11:17:10 PM
 #24

We never know what will happen. But really in crypto very high level of risks, but and very high opportunities to earn money.

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March 17, 2018, 11:57:23 PM
 #25

The dip is coming to an end. And the end of everything is still far, far away. Don't be worry, in couple of months everything will be forgotten and the market will be back on track.

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March 17, 2018, 11:59:42 PM
 #26

This is just a start and a beat for the Crypto world. We do not have to worry about an issue that says that Bitcoin and the crypto world will be destroyed. Because crypto will last as long as Blockchain technology is still used.

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March 18, 2018, 12:02:49 AM
 #27

Even if G20 allows ICOs and cryptocurrencies, their reputation has been harmed so much by the FUD and months of price drops, it will take years to recover. And then we'll get the next dip, caused by 90% of the ICOs failing to deliver anything worthwhile.

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March 18, 2018, 12:10:42 AM
 #28

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?
Too bad to say but yes, I guess it's not yet over though I wish (well, we all wish) it won't go that far.
Moreover, I don't see an END to crypto now that it is more known than before, it won't be that easy to happen.

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March 18, 2018, 12:13:55 AM
 #29

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?
Too bad to say but yes, I guess it's not yet over though I wish (well, we all wish) it won't go that far.
Moreover, I don't see an END to crypto now that it is more known than before, it won't be that easy to happen.

That's exactly what will cause its downfall. Crypto is already well-known, so we can't benefit from the novelty effect. It'd be like selfie sticks, Flappy Bird and fidget spinners.

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March 18, 2018, 12:22:45 AM
 #30

I think it's just a bump in the road. A bump that looks so big right now, but some days or months later we won't even notice it. Though, let's accept it, it almost tore off the tire...
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March 18, 2018, 12:33:53 AM
 #31

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?
We should be used to this roller coaster ride in the prices of cryptocurrencies. When you join this trade you should have the nerve to withstand it's volatility. Volatility is the one that creates opportunity to some of us here.
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March 18, 2018, 12:36:57 AM
 #32

In daily chart look like Bitcoin in the support are and oversold and ready to change to up trend. So in my opinion in a few week the  price of Bitcoin will move around $7500 -$9000 and then going up to $40,000 in the end of this year, this is my prediction.

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March 18, 2018, 12:40:50 AM
 #33

Citizen-issued cryptocurrencies are dead and will be worthless and banned. Banned in the sense you can't exchange them for fiat through exchanges and if you get caught trading in person you'll be put in a gulag or executed.

We'll be forced to use cryptofiat which will be traced, monitored and taxed. Essentially removing all freedom and privacy.

Welcome to dystopia.

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March 18, 2018, 01:02:00 AM
 #34

I very much hope that what is happening today in the market is temporary, I think that this will ever happen and will not leave cases of such a drop in prices. It is very strange to understand that the crypto-currency market was able to fall so much in price.
Almost all altcoins do not show much of the increase and progress. But we can expect great variations in the coming months.
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March 18, 2018, 01:03:31 AM
 #35

I wonder if the deep is over or it is just the beginning of the end?  The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?
This is just temporary as this bearish market will end. It needs balance to survive and the price could not get lower than $6k as more supports are waiting to absorb. Let's not panic and hope for the best of crypto currency. It needs to go down to get a momentum for a bull run.

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March 18, 2018, 02:09:17 AM
 #36

It sounds bad because G20 is initiated by french finance minister, and he sounds displeased with crypto. but I do not dare to speculate that prices will fall very deep. we wait for april, panic just make us fall.

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March 18, 2018, 02:14:51 AM
 #37

i think this dip will hit the support floor at 7.2k or 7.5k level, after this we will experience longest consolidation strech  until july or august, and after that we will revisit or surpass the highs. #DYOR Smiley

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March 18, 2018, 02:20:16 AM
 #38

If this happen a year before, I could also say that it's just temporary like anyone is saying but the situations have changed. The governments have their eyes on crypto while Facebook and Google banned the ads that gives a negative impression to bitcoin and altcoins so it feels like we are only hoping for a miracle to happen.
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March 18, 2018, 02:57:08 AM
 #39

If this happen a year before, I could also say that it's just temporary like anyone is saying but the situations have changed. The governments have their eyes on crypto while Facebook and Google banned the ads that gives a negative impression to bitcoin and altcoins so it feels like we are only hoping for a miracle to happen.
I agree with these, such actions of this big companies really gives bad impressions to cryptocurrency. But I think prominent personalities' statement could also bring back bitcoin's reputation as the facebook CEO, Mark Zuckerberg said that he likes the crypto's decentralized system and he wants to study it. But still, we dont just jump in conclusions that this is the end, it is just the first quaryer of the year, we just need to continue supporting.

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March 18, 2018, 03:07:14 AM
 #40

It is really to say that it is the end or just the beginning of the fall over. The market is really horrible that the price is so low now. But no one know is the price is low enough or has much long time to deep.
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