Bitcoin's future is DOWN

[hv_]

Here's all you need to know.  It's on the way back to where it came from.  You can watch from the sidelines or ride it down.

This site is a social scientist's dream.  Ten PhDs could be written on the "bro" investment culture, groupthink, and general simple-mindedness.  95% of the responses to my prediction are "NO - ya gotta have faith!!"; "All markets go up and down"; "Think long-term"; and "We are the strong, and we believe".

The "long-term" heroes actually jumped in to get rich quick.  When that didn't happen, and faced with losing half their money, they are now prophets of HODL.  If the price ever does rise to where they got in, they'll sell, sell, sell.  That's a huge barrier to any advance.

But all that doesn't matter.  Bitcoin is GOING DOWN.  Back to around $400, as it was for so long.  That's apparently the real value to folks making non-standard financial transactions, primarily criminals.

Again, look at the chart in the link.  With what we know now, it's obvious that the price was manipulated, you were cheated, and if you hang on you'll lose more.

I'll be back in 18 months to say "Told ya so".  But I hope you're all out long before then.


EDIT:  For the record, I have no crypto coin.  All my money is in mutual funds.  Still risky but has done well AND you don't get cheated.  Sell your BC and buy something sensible like that.  You can still be a "playah".

18months ?  I ve heard that time frame...
 Wait, it was the LN time to be live,...hehe

Yes, you could be right, BTC down, because it is blamed not to work and bribled down.

But it will be taken over by Bitcoin Cash by that time. Here all can scale and adoption is back.

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[lelylely]

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.

Yes it's logical thinking, but not necessarily that will happen to bitcoin, because bitcoin prices are always changing every time depending on market movements. The market is currently down and that does not mean the market will go down and bitcoin will decline in the future. I further believe that bitcoin may increase in the future, because bitcoin is reliable.

[finlandais]

I totally disagree with this statement.At present the market value is down that doesn't mean that BTC's future is down.We should not forget that we are the one who decides the future of bitcoin. More will be the investors more will be the value of BTC.Bitcoin is being declared as legal in many countries and many are giving PR in exchange of bitcoin so how we can say that future of bitcoin is down.Bitcoin has a bright future and also has a good future scope.

[developer101dev]

It won't easy to the users if bitcoin will continue to decrease because a lot of users are now depend on it but if we have a lot of hard work to promote it more to new investors I think it will save bitcoin price in future so probably many will back and patronize bitcoin.

I think the whales has something to do with this dip because they are the ones with the resources of manipulating bitcoin's price. We are just a small fish here that won't make a difference.

Bitcoins future is not down because there are a lot of people today who are earning a huge amount of profit in cryptocurrency and that is the reason why bitcoins is becoming even more popular each day and the future of bitcoins will not going down.

[exstasie]

so mtgox was manufactured but it still went to 20k after that. the first rise above $100 was also manufactured by a few people. In general price is right and theres no such thing as the price shouldnt have gone there.

That's what most of the long term bears don't get, and why they keep getting blindsided by the next bubble. This market is hyper-sensitive to declining supply on exchanges, and future demand is near-impossible to predict.

If a bubble was "manufactured" by exploiting low liquidity, it doesn't logically follow at all that price will therefore return to prior price levels. There is zero logic to that assumption. I have no idea why Tether conspiracy theorists keep repeating it.

The Willy Bot was active at sub-$1K prices--shouldn't we be back at three digits now? Those who use manipulation conspiracy theories as the basis for long term bearish predictions simply don't understand how to account for demand in the market. They make no attempt to.

[sidhujag]

but thats only 10 pct of the picture the main point is the reason why btc exists. Large funds barely begun buying. When more people realize that its more ideal compared to alternatives it wont matter. As more and more people expect this to happen it happens faster and faster until the point of no return when everything related to money becomes tokenized.

[mkhadazz]

it seems that currently bitcoin is not too visible to everyone still there are some people who do not know about how to play bitcoin and how to benefit from bitcoin, just imagine if everyone already understood and want to buy bitcoin definitely bitcoin price will be very expensive.

[Bakemat]

It won't easy to the users if bitcoin will continue to decrease because a lot of users are now depend on it but if we have a lot of hard work to promote it more to new investors I think it will save bitcoin price in future so probably many will back and patronize bitcoin.

I think the whales has something to do with this dip because they are the ones with the resources of manipulating bitcoin's price. We are just a small fish here that won't make a difference.

Maybe the market price today is dumping in a huge amount but we can still believe that it can grow even more in the future due to people who keep on investing in the market that will make the price to pump up again.

[gabmen]

It won't easy to the users if bitcoin will continue to decrease because a lot of users are now depend on it but if we have a lot of hard work to promote it more to new investors I think it will save bitcoin price in future so probably many will back and patronize bitcoin.

I think the whales has something to do with this dip because they are the ones with the resources of manipulating bitcoin's price. We are just a small fish here that won't make a difference.

Maybe the market price today is dumping in a huge amount but we can still believe that it can grow even more in the future due to people who keep on investing in the market that will make the price to pump up again.

I guess it would be better to simply look ahead and beyond this current bear market. Feelingn frustrated will only lead you to panic. In the first place, when you've decided to deal in bitcoin, this kind of things should've been expected. It may be down today but it's not going to be always like that.

[hv_]

Predicting the future from best practice service for clients.

https://txstreet.com/

 

[onrise]

•  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.

[LuciferEveningStar]

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.

In my own opinion, the future of bitcoins is not down because there are a lot of people today who are invest on different cryptocurrency such as ICO and the market prices has a certain date which is pumping so keep on holding your coins.

[normanz]

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.

[tony kurniawan]

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 not, the future of bitcoin will not fall, I think your assumption is too negative because maybe you are too disappointed with the current bitcoin price.

[rez303]

If more coins were created, then I think the future of Bitcoin would be to downward and then disappear. Investors do not focus invest in Bitcoin as they did before, they dividing their assets to invest in new altcoins.

[rainezerr]

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.

The market right now is currently dumping the cryptocurrency but it does not mean that the market price will just continue to dump, it will grow again soon so keep on waiting to avoid losing your coins.

[Anonylz]

Why do you think that mate. The market is still on a great and strong position, only that there is too much fud and that is what is causing the drop on almost all the markets now

[Pasnik]

Even the current price of bitcoin is down I don't think the future would be the same. Remember, ever since the price has it's fluctuations price up and down. I can see still that in bitcoin good future awaits and more adaptions can happen.

[Hamstead]

I've never think that bitcoin will fall and the entire crypto world. The current bitcoin price shows stability and it is till good enough to have that price until year end.
It is not important to go higher if it only causes losses for some investors when it suddenly drop that of staying at the current price range.

[Rianbook]

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.