kwabeedat
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Activity: 308
Merit: 10
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June 22, 2018, 04:43:28 PM |
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Well, that's what we need now. Some sort of encouragement and signs of a recovery in sometime to come. Looking at your analysis, it seems sime goid news are waiting for us sometime in the future.
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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winterland
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June 23, 2018, 03:57:23 PM |
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Bitcoin is not always red days, surely in near weeks bitcoin price will continue to recover. The price will go well, until people choose to stay holding bitcoin we habe nothing to fear about its future. Bitcoin price is ever changing, you dont have to be surprised very time there is a sudden change in value wethee going red or green, just be motivated of the fact that bitcoin price will go to the moon in the future.
Can't blame also some people won't look into huge change coming and just keep on complaining cause of its volatility. It surely market will sooner have a market bull run and those people who are still holding bitcoin will surely make a huge money. Let them keep complaining! After all, all they have done is complain all their lives until they end up missing great opportunities like buying even at the dip. It is understandable that so many people just do not even know why they are investing in the market and so many of them just have the mindset that bitcoin will set them straight into becoming one of the elites. A lazy man mindset that always put a bunch of them into the space where they eventually belong to. This is unfortunate but it is the truth, the ones that are complaining the most about the price are the ones that most likely will not make money with bitcoin, do you see the whales complaining? No, they are just accumulating bitcoins, and the same is true for long term holders and the professional traders, not a single one of them is complaining, the ones that are doing it are the ones that do not know why they invested in the first place. |
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Bakemat
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June 23, 2018, 04:21:29 PM |
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too early to say that this is a last bloodbath for bitcoin. time is long and bitcoin will never perish.
Those who say anything negative about cryptocurrency or bitcoins is just not well knowledgeable about the market and most of them are just scared about taking the risk. |
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Cult
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Activity: 479
Merit: 100
Enter the future of gaming
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June 24, 2018, 08:08:01 PM |
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Today we have seen the second round of that bloodbath. It seems we've just hit the ground so now we can hope for some uptrend.
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● Play Learn and Earn blockchain game ● |
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Pab
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Activity: 1862
Merit: 1012
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June 24, 2018, 08:15:43 PM |
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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.
Good finding There is not so much money on market.Because of that btc is traded between 5900 to 6800 any break down or up will cause future movement as for now we are still in side trading.I also think btc will rise finally and other crypto will follow |
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phpartisanmaster
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Activity: 350
Merit: 10
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June 24, 2018, 08:18:33 PM |
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Bloodbath Bitcoin for Ending is what it means to me, I'm still here at the learning stage and I'm a beginner here, I do not quite understand what's on with Bloodbath, which I know bitcoin will never die.
For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now. |
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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June 24, 2018, 08:52:29 PM |
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For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied. |
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billbear
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Activity: 294
Merit: 10
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June 24, 2018, 09:36:40 PM |
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great research on the reasons of the Dump, but I think the reasons are even more than that. Because bitcoin is such a strange thing that so many things are affecting the price.
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Grayy
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Activity: 322
Merit: 12
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June 24, 2018, 09:52:25 PM |
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The above mentioned should have led to a rise in prices of bitcoin and altcoins but sudden bad news such as the hacking of bithumb exchange can delay the bull run for a week or two. All things being equal, we should see a bull market by the end of June.
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litifeta
Newbie
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Activity: 3
Merit: 0
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June 24, 2018, 10:24:52 PM |
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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
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Okrah
Jr. Member
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Activity: 144
Merit: 1
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June 24, 2018, 10:41:28 PM |
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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.
Well I can not say bitcoin will die, because of the bloodbath. Bitcoin is a very strong currency and I know that soon the bloodbath will end. Because their is a coming price hike rollback that bring us to life again. |
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Hatuferu
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Activity: 1092
Merit: 1000
https://trueflip.io/
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June 24, 2018, 11:23:42 PM |
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The above mentioned should have led to a rise in prices of bitcoin and altcoins but sudden bad news such as the hacking of bithumb exchange can delay the bull run for a week or two. All things being equal, we should see a bull market by the end of June.
Hopefully.We should learn how to be more patient this time because this dips is just temporary.We will see a bright future with this crypto investments when the bull run starts to take over.I know there are still good news that is coming along the way so better wait for them until they will be realized after a bloodbath is over. |
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Finestream
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June 24, 2018, 11:31:48 PM |
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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.
Well I can not say bitcoin will die, because of the bloodbath. Bitcoin is a very strong currency and I know that soon the bloodbath will end. Because their is a coming price hike rollback that bring us to life again. Exactly.Bitcoin is known to be a strong currency and the most trusted one in the crypto world so it will never just die in just a sudden.If you traced the price movement right now,it's still quite higher compared to those in previous years so better to be hopeful because this will surely come to an end after a couple of days. |
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Oilacris
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June 24, 2018, 11:35:02 PM |
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For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied. Same situation is happening on my side i did eventually bought up when it is still on 8k usd price and dumping out those coins wont really be ideal therefore instead on panicking you can eventually possible to break even or lessen your loss on buying out the dip.I had purchased recently on possible dip price on 5900+ on this case when the price start to cling up you would really gradually lessen up your losses and as an investor this should really always in mind not easily on saying things about quitting or saying crypto is dead but rather we should utilize smartly with our moves. |
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winterland
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June 27, 2018, 03:38:54 PM |
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For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied. This is something I can agree with, while we can complain all we want about the FUD we cannot change the fact the price is in fact going down and this is having an impact among all the investors but while this is bad at the same time this is the perfect time to take advantage of these low prices, if I had some money to spare I will invest everything in bitcoin since I have no doubts that in the future the price will recover. |
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aspalela
Jr. Member
Offline
Activity: 210
Merit: 1
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June 27, 2018, 03:57:57 PM |
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I'm not so sure that I've seen so many people lose money, but will be back for a few seconds with only a bit of market recovery, but I think about it all who get bitcoin now are the ones who invested before the previous bubble and it's still in luckily despite the big crash we witnessed, yet everyone who was the first time investor at the time might come out.
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maarx
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June 28, 2018, 02:29:01 AM |
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Well yes, everyone is expecting this blood path should end and should see coins growth back on track at least to the minimum. This current correction is the longest one compared to the past corrections. But if you have seen the hike right after the corrections happened earlier, it would be soothing us. There had been a huge hikes right after these corrections. So hoping for this correction to end and every coin value grow up.
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Yaunfitda
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June 28, 2018, 03:18:18 AM |
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Well yes, everyone is expecting this blood path should end and should see coins growth back on track at least to the minimum. This current correction is the longest one compared to the past corrections. But if you have seen the hike right after the corrections happened earlier, it would be soothing us. There had been a huge hikes right after these corrections. So hoping for this correction to end and every coin value grow up.
Obviously its the longest because it has covered all of 2018. As compare to last year wherein if my memory serves me right, we didn't experience a month long drought, as bitcoin would tend to regular in about a week or two. Again, all we can do is hope that this nightmare will be over in a snap and the price going back to normal. But in reality, its hard not to think that it may go down the whole 2018 so I'm bracing myself and making the necessary adjustment in my crypto investment portfolio. |
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superving
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June 28, 2018, 03:30:04 AM |
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Today we have seen the second round of that bloodbath. It seems we've just hit the ground so now we can hope for some uptrend.
Hopefully you are right on what you said that we already hit the deepest. Holders are tired seeing their portfolio going down everyday. We are waiting for bitcoin to recover thats our only hope. |
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winterland
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July 01, 2018, 08:18:51 PM |
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I'm not so sure that I've seen so many people lose money, but will be back for a few seconds with only a bit of market recovery, but I think about it all who get bitcoin now are the ones who invested before the previous bubble and it's still in luckily despite the big crash we witnessed, yet everyone who was the first time investor at the time might come out.
The forum is full of people claiming they lost money in the previous 6 months and when you look at the huge crash that we have seen I do not doubt that is the case, there are many people that consider themselves to be traders even if they do not have what it is necessary and when the market is going up it is very easy to look as if you know what you are doing but it is when the price goes down where your skills as a trader show up. |
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