Bitcoin's future is DOWN

[katrimans]

By the most logical thinking:

•  There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

•  IF that is so, then that entire episode actually means nothing, and...

•  Bitcoin etc values will decay back to their historical levels prior to pump & dump.

•  This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months.  It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months.  And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic.  The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

I think the fall of bitcoin at this time can not be a reason for falling bitcoin in the future. All depends on the market, and more likely the market will change and in the future bitcoin will be able to increase high.

I agree with you because bitcoin will always go down and up in every time and if bitcoin price is down too deep then maybe there is any bad news that comes out so it makes people become panic. or the whales selling their bitcoin in a big amount so it makes the price to get down too deep. everything can happen in the crypto and only people which are ready for the worst thing that can survive and they can buy another amount of bitcoin so they can wait for a while and sell at the higher price.

Future of the Bitcoin is looking down in the next days if we go like the way we are going, our biggest fault is to sell in this low market. We all should not look for selling at this stage because it will contribute to increase the price if we do not sell in this way the future is bright.

The result is in your front as the market is moving in circular path with no perfect improvement so this will change if we stop selling in this low market.

[pinot95]

By the most logical thinking:

•  There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

•  IF that is so, then that entire episode actually means nothing, and...

•  Bitcoin etc values will decay back to their historical levels prior to pump & dump.

•  This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months.  It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months.  And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic.  The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

I do not think the way you think, even though the market is falling now but bitcoin can still increase. I think in september the bitcoin price will get better and so will increase gradually.

Everybody is entitled with their own opinion. I think the manipulation via tether isjust an opinion and not the truth. No legitimate source that it is real. 2017 was the historic moment for bitcoin and cryptocurrencies. And it is not just a history because it will keep happening and wven be more than that. Bitcoin and crypto now is very useful and surely will be able change the way of payment and online transactions.

[ValerieBTC]

•  Bitcoin etc values will decay back to their historical levels prior to pump & dump.

If this happens, what else do you expect the market to do. I was reading and waiting for you to send a link to indicate the short down of bitcoin and probably, the introduction of another.

When prices start to look down sharply, there will be panic selling action that trigger a deeper price correction again. Nevertheless, the digital money that survives will gain an unprecedented growth

Hoping that you people are buying at the time when prices are low which can help you to make money and get the btc or other coins at least possible price. Once the price starts to pump in you would be the best making returns on your investment.

All these types of questions are baseless because the only reason is that we saw a big fall in the price and now some people say that the future of bitcoin is dark and investing in it is just a waste of time and money. Don’t be panic and be patient. The price will grow again because price depends upon demand and demand will inverse with the passage of time.

[cluit]

By the most logical thinking:

•  There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

•  IF that is so, then that entire episode actually means nothing, and...

•  Bitcoin etc values will decay back to their historical levels prior to pump & dump.

•  This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months.  It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months.  And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic.  The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

Don't panic, bitcoin will not forever fall low, bitcoin still has a chance to increase. Bitcoin is not a weak coin that falls and has no value, but bitcoin is a potential coin and will rise higher. Believe it or not on bitcoin is up to you, and for me still believe bitcoin will increase in the future.

These negative perceptions are now on its fall and will end soon because the Bitcoin has proven once again and changed the perceptions of people into positive.

The current price movement today has changes many minds once again as we know that price was stable for some days around 6.3k dollar price but today it increased regularly up to 7.3k dollar which is indicating a better future if it continues to maintain its position.

[voztata]

I'm not sure it's because I think people who use bitcoin will be more and more and that will be the reason that prices will increase and make all its profit. support factors that will answer the future of bitcoin. if bitcoin is not used and nobody invests then bitcoin will run out.

That is not the only reason that will keep Bitcoin alive but there are much more in the list and prominent among them is the fact that Bitcoin has been accepted and recognized by almost all the companies across Europe and USA and this is something thing that has added to the value of Bitcoin as well.

It is highly accepted as a mode of payment and has actually reduced the demand for cash as well as a result of which the printing of money will decrease and inflation can be controlled. There are so many reasons that people in future will prefer Bitcoin over fiat and so the future will be great for Bitcoin.

[nisya]

By the most logical thinking:

•  There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

•  IF that is so, then that entire episode actually means nothing, and...

•  Bitcoin etc values will decay back to their historical levels prior to pump & dump.

•  This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months.  It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months.  And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic.  The only "charting" you need is the big picture here:

https://imgur.com/a/QTYOQyL

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

I think the fall of bitcoin at this time can not be a reason for falling bitcoin in the future. All depends on the market, and more likely the market will change and in the future bitcoin will be able to increase high.

I agree with you because bitcoin will always go down and up in every time and if bitcoin price is down too deep then maybe there is any bad news that comes out so it makes people become panic. or the whales selling their bitcoin in a big amount so it makes the price to get down too deep. everything can happen in the crypto and only people which are ready for the worst thing that can survive and they can buy another amount of bitcoin so they can wait for a while and sell at the higher price.

Future of the Bitcoin is looking down in the next days if we go like the way we are going, our biggest fault is to sell in this low market. We all should not look for selling at this stage because it will contribute to increase the price if we do not sell in this way the future is bright.

The result is in your front as the market is moving in circular path with no perfect improvement so this will change if we stop selling in this low market.

I hope that people can be patient for a while and wait for the price to rise more than they can sell the bitcoin. but I think some of the people are ready to sell their bitcoin right now because they see that this is their chance to make a profit again. I think bitcoin price will always up and down no matter today or in the future because of the price still volatile.