Bitcoin Bloodbath to End

[ecnalubma]

Its very seasonal and upward trend always starts in ber months. Its reward time for the brave and patient, last year was a fake pump but now the market has cleansed and more investors have confidence over crypto. More positive news to come specially when ETF's get approved and maybe say goodbye to 4 digit price next year. 

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[Arlibtchunt2018]

Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:

REGULATORY

+ Positive G20 Financial Summit stance

+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted

+ Lightning Network and SegWit increase legal recognition of digital currencies

+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups

INFRASTRUCTURE

+ CBOE support for Bitcoin ETFs

+ T-Mobile tech support for distributed ledgers

+ Coinbase announcing upcoming support for ERC20 tokens

SOCIAL SENTIMENT

+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information

+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC

+ Major Polish bank will implement a blockchain document storage system

+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network

+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump

ECONOMIC

+ Analysts predict that institutional investors will capitalize on the temporary slump

Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.

This information is really helpful to us. I also agree that it won't take alot of time for bitcoin to fully recover. It's price right now has slowly showing signs of a comeback which is a good news for the holders.

[nur rochid]

Its very seasonal and upward trend always starts in ber months. Its reward time for the brave and patient, last year was a fake pump but now the market has cleansed and more investors have confidence over crypto. More positive news to come specially when ETF's get approved and maybe say goodbye to 4 digit price next year. 

Currently price has experienced a deep correction, but I did not say last year was a fake pump, because the lowest price was still at the correction limit, fibbonaci 61%. and I think prices will continue to exceed last year's peak

[westril688]

We can expect Nov and Dec is the end of a bloodbath most probably as per last year market analysis bitcoin price growth used to happen mostly in nov dec and jan so this time also we can expect the same

Blood bathing is a pessimistic expression of bitcoin, even predicting the end of bitcoin. Exactly the same as the beginning of bitcoin, no one thinks bitcoin will be as big as now. But bitcoin is King of Coins so it is not afraid of falling, not afraid of being rejected, not even afraid of being banned in some countries. Bitcoin focuses as a future digital currency, more and more fans because bitcoin as an investment provides greater profits than other investments. So, falling is not a problem, but bitcoin will not end. Bitcoin holders are people who believe, because believing is the most important.

[Finatu]

Good news is usually followed by an increase in bitcoin prices, because positive sentiment is formed from news spread in the media where the market responds in the form of more and more bitcoin purchases. Automatically when the purchase increases the price moves up. Maybe the price is not as high as December 2017, but the price signal has improved.

[ucingucingan]

many people see that bloodbath is a bad thing, because they only look for short-term effects and they cannot see the opportunities that are present there, when I look at bloodbath from a different side it turns out that it is a very good opportunity if we can use it as much as possible, here you can buy bitcoin on a large scale and that will immediately make the price of bitcoin move up and it will trigger other investors to buy bitcoin, then there you will get a big profit from the difference between the purchase price and the selling price that occurs

[turkandjaydee]

Its very seasonal and upward trend always starts in ber months. Its reward time for the brave and patient, last year was a fake pump but now the market has cleansed and more investors have confidence over crypto. More positive news to come specially when ETF's get approved and maybe say goodbye to 4 digit price next year. 

Currently price has experienced a deep correction, but I did not say last year was a fake pump, because the lowest price was still at the correction limit, fibbonaci 61%. and I think prices will continue to exceed last year's peak

I dont really sure about that the prices will continue to exceed last year's peak this year, because the last year bullrun was already started in July.
But I still believe it will happen in the future, blockchain technology is really powerful.

[hotBriX001]

many people see that bloodbath is a bad thing, because they only look for short-term effects and they cannot see the opportunities that are present there, when I look at bloodbath from a different side it turns out that it is a very good opportunity if we can use it as much as possible, here you can buy bitcoin on a large scale and that will immediately make the price of bitcoin move up and it will trigger other investors to buy bitcoin, then there you will get a big profit from the difference between the purchase price and the selling price that occurs

We really need to be calm about the bloodbath happening of bitcoin, because in the first place we can make it as opportunity to make profit by buying it in a cheaper price and put on hold for long term plan. Might be bullish market will come then sell it in a higher price with double profit to earn or much higher.

[jademacoy]

Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:

REGULATORY

+ Positive G20 Financial Summit stance

+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted

+ Lightning Network and SegWit increase legal recognition of digital currencies

+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups

INFRASTRUCTURE

+ CBOE support for Bitcoin ETFs

+ T-Mobile tech support for distributed ledgers

+ Coinbase announcing upcoming support for ERC20 tokens


SOCIAL SENTIMENT

+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information

+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC

+ Major Polish bank will implement a blockchain document storage system

+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network

+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump

ECONOMIC

+ Analysts predict that institutional investors will capitalize on the temporary slump

Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.

Are these all the suggested regulatories for cryptocurrencies? I am not opposing this one instead this suggestion is really good since the system does really need a third party to check how it works and at the same time the third party should only monitor and should not get involve with manipulation of the cryptocurrency system.

[South Park]

We can expect Nov and Dec is the end of a bloodbath most probably as per last year market analysis bitcoin price growth used to happen mostly in nov dec and jan so this time also we can expect the same

It is a mistake to use the past to try to predict the future, you cannot say that just because in the last months of the previous years the price of bitcoin has gone up the same is going to happen this year, maybe you have not noticed but we are in the middle of a bear market and due to the crash it's not likely that we are going to see such a fast recovery.

[SunJAB]

Its very seasonal and upward trend always starts in ber months. Its reward time for the brave and patient, last year was a fake pump but now the market has cleansed and more investors have confidence over crypto. More positive news to come specially when ETF's get approved and maybe say goodbye to 4 digit price next year. 

The new season comes and opportunities grow. Opportunity to succeed will be fast so take advantage of knowledge integration. To be eligible to participate in other monetization opportunities in addition to electronic money.

[cahbagus555]

many people see that bloodbath is a bad thing, because they only look for short-term effects and they cannot see the opportunities that are present there, when I look at bloodbath from a different side it turns out that it is a very good opportunity if we can use it as much as possible, here you can buy bitcoin on a large scale and that will immediately make the price of bitcoin move up and it will trigger other investors to buy bitcoin, then there you will get a big profit from the difference between the purchase price and the selling price that occurs

We really need to be calm about the bloodbath happening of bitcoin, because in the first place we can make it as opportunity to make profit by buying it in a cheaper price and put on hold for long term plan. Might be bullish market will come then sell it in a higher price with double profit to earn or much higher.

Indeed, we should keep calm and not be panic with market condition right now. Most people panic with many negative news and i am believe market will recovery again in next several months. Holding our coin and token and making long term investment is best option in currency condition

[Getcoinsite]

Five months after this post the blood still in progress so whats the mentioned positivity?

Blood won’t be shed within this year,since the bubble that happened last year are now in state of recovery so forgot about the growth for this whole year and maybe the next one.

We can expect Nov and Dec is the end of a bloodbath most probably as per last year market analysis bitcoin price growth used to happen mostly in nov dec and jan so this time also we can expect the same

It is a mistake to use the past to try to predict the future, you cannot say that just because in the last months of the previous years the price of bitcoin has gone up the same is going to happen this year, maybe you have not noticed but we are in the middle of a bear market and due to the crash it's not likely that we are going to see such a fast recovery.

That’s perfectly right mate,we must never use as basis the previous prices because we are in volatile world with decentralization expect changes in just a seconds and expect failure in an hour

[Btcalimie]

I think this blood bath won't end easily. This may be take a long time for the market to recover since there is no large volume who is joining in the market movement.

[megaradux]

Yes. I also think the same.
People will finally get tired of the dips and choose to buy up because of the cheap prices for all the coins right now. This will in turn create a good volume and make a new bullish wave for the whole market.

[amber deposit]

Each user were speculating in a positive manner believing that bitcoin will grow and get out of the bloodbath. Quite often it looks like a recovery, but in no time once again the price fall happens taking the price of bitcoin along with altcoins fall low in value which also leads to the fall of the entire capital.

[Gila uang]

nobody knows for sure. There are plenty of positive signs but lots of FUD and manipulation. If you can afford to continue to make small bets, consider dollar cost averaging. That way you get the price you paid for the asset you bought lower

I am also very confident that what is happening now is only temporary, and that I am patient and hold the coins in my vest, so he is a person who will be lucky, that's my opinion for this. And hopefully with all the positive news above, it can immediately increase the price of the minimum bitcoin and altcoin as before and the maximum can be higher than the achievement of the end of 2017.