Rozita
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August 12, 2018, 09:50:42 PM |
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Based on this question yes it is coming soon because of market conditions also many people are waiting for too long based on this will helpful for market also investors will earn a huge profit from it I think.
How are people waiting for too long? Bitcoin has gone up from $800 to nearly $20,000 last year, don't you think we should allow the market to figure out slowly what price to bottom out at? The previous bear market took around 1.5 years to bottom out, and we might be up for something similar this time. People's high expectations are worth nothing with how the price keeps going down continuously. The only proper way to deal with a bear market is dollar cost averaging on the way down. It's the only way to accurately buy the bottom once it's in, and even an utter noob can do it. I also think we should wait. But sooner or later a new all time high will reached. After the 2013 big price, it took about 3 years to reach a new all time high.
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Herbert2020
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August 13, 2018, 06:02:20 AM |
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it seems like about a month ago when the ETF hype started to become widespread so little number of people knew that this is going to be more of bad news than be good news. and so far we have had a volatile uncertain market with nobody knowing what to do and everyone being scared of ETF rejection news that can crash the market again. i think people like OP may now wish they never hyped it up as they did... maybe we wouldn't have seen this situation if there wasn't as much hype about ETF as it was and we could have been rising already.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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ApocalypseNow
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August 13, 2018, 06:50:57 AM |
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I doubt those SEC guys are serious to allow it. They pushes the decision for another 60 days and I feel like they are playing with us and their accomplices who take advantage of investors who are expecting a massive increase. They sell the news that it's going to happen then that is the time they also sell bitcoin when it goes up and buy it again and repeat the ridiculous ETF decision.
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arpon11
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August 13, 2018, 07:25:00 AM |
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The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level. The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
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hot_ads
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August 13, 2018, 01:23:36 PM |
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The current market is weak. Do you think it's still possible to come to the bulls? The bull market is hard to come by without a long-term decline, at least not in the current five months.
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LogitechMouse
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August 13, 2018, 01:41:35 PM |
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I am assuming that the bull started at the time when the price of bitcoin is at around 8000 but again, it did failed again. Another failed rally has been done and this is very crucial because the 3rd failed rally can cause bitcoin's price to go lower than its key support of 6000. This is just a speculation and one thing is for sure at this moment, I don't see any bull incoming in the next weeks.
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MGBloomz
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August 13, 2018, 02:31:43 PM |
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Yeah we should do right now is to hold and tighten our seat-belts while we are still in the bearish market. Good time to buy when we see the prices in the market continues to fall. Let's hope that the bull will come soon and conquer this bear to end this bloodbath.
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Blamsud
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August 13, 2018, 03:52:46 PM |
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The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level. The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
The start of BER month might be what we really hoped for, too many already sell their investment due to continuous fall of crypto, but we just need to put more trust and patience n coins we do hold.
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justspare
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August 13, 2018, 04:20:37 PM |
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I am assuming that the bull started at the time when the price of bitcoin is at around 8000 but again, it did failed again. Another failed rally has been done and this is very crucial because the 3rd failed rally can cause bitcoin's price to go lower than its key support of 6000. This is just a speculation and one thing is for sure at this moment, I don't see any bull incoming in the next weeks.
Honestly I was also expecting prices to touch $9000 and then $10,000 at those times but it had fallen to $6100 range again. As of now, I am expecting prices to stay above $6000 even the bulls may remain sleeping but I do not want bears to take no more control. A range bound between $8000 to $6000 also good for me for some more time but breaking the support of $6000 is highly not preferred unlike the previous fall from $9800 to $5700 levels. Narrowing down the oscillation of market's range bound will always end up in breaking the upper side. If bitcoin holds above $6000 levels then another rally will definitely break the $10,000 prices. The coming weeks of bitcoin market will be highly crucial for the investors and close market observers. I will not fasten my belts until finding enough confirmations. Yes, I need more confirmation by breaking the big resistances of $10,000 before assuming the possibilities of new ATH.
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ngacengan
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August 13, 2018, 04:48:14 PM |
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Yes, you are right, but in my opinion, the increase in the price of bitcoin and bull run will be very long because there is currently no good news that could trigger price increases at the exchange place.
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sheenshane
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August 13, 2018, 04:58:05 PM |
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The bulls are on the way and we should hold as I have find it difficult to find out that bitcoin may not fall below $5,500 as it seen very difficult to fall below that level. The bull we find opportunities to buy and push the bitcoin upwards any moment from next month.
The start of BER month might be what we really hoped for, too many already sell their investment due to continuous fall of crypto, but we just need to put more trust and patience n coins we do hold. Well, hopefully by month on December the price will be fine and hit the highest price in the market and this month all holders expected that bitcoin will be raising up. So, yes tighten up and hold your seat belt and never gonna think just like a panic seller that make market worst ever. And I think ETF rejection is not connected with bitcoin price since bitcoin was found is there like ETF before existed?
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krauzzer02
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August 13, 2018, 05:03:42 PM |
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Well, this Bitcoin ETF thing is really trending almost everywhere. Maybe this is a green for the whole crypto market. Because when Bitcoin is up, everything will surely follow suit and we're going to get to our proper recovery mode.
Fomo hype and its trend is dropping due to the recent news about ETF, holders and traders are playing it safe to protect their position and portfolio from the harsh environment of the crypto market, green for bitcoin but the altcoins sometimes does not follow the same price and trend it is not always green light to all altcoins most especially the worthless and scammer ones, ETF might change the flow on the future but that doesn't that is the only upcoming news that will shake the crypto market.
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ice18
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August 14, 2018, 04:12:01 AM |
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I cant see any bulls from now unless etf will approved this is the real bulls coming in we have to wait what will happen in the next month, the bulls are currently sleeping at the moment and we are confident for the coming good news to finally wakeup the bulls and let the game begins.
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cepot9
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August 14, 2018, 08:28:16 AM |
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I see your writing and I put on a seat belt before all free fall from the plane and they really jumped in, hopefully quickly recovered because they didn't think bitcoin would go very far
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eaglewhite80
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August 14, 2018, 08:51:05 AM |
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The current market is weak. Do you think it's still possible to come to the bulls? The bull market is hard to come by without a long-term decline, at least not in the current five months.
We cannot say actually, knowing how the situation of the market can quickly change over night. As it is, most of the alts are down, bitcoin is still trying to hold the $6k psychological support strong and a drop below $5700 can cause a pretty quick and sharp sell off in the market. I really do not see much chances for the bulls at this stage yet until further notice, not at least when btc is back to the downtrend over again.
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websoftwareengineer
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August 14, 2018, 07:21:05 PM |
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For all the hodl not hodl back and forth critics here's something that would make you simply hodl the sec will most likely give permission to an bitcoins etf, we all know the meaning of this the prices shall explode. Read the link the public in one voice has called for bitcoins etf to be a reality these're exciting times. What do you'll think when should we see some movement. https://news.bitcoin.com/bitcoin-etf-decision-gets-an-overwhelming-amount-of-public-opinion/In my own opinion bullish market is a big advantage for those daily traders because if you are good on trading then you need to have strong strikes in order to earn more profit.
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BigTeeths
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August 15, 2018, 03:30:47 AM |
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I hate to break it to you OP but there are no bulls this year. They were slaughtered right from the start by the banks and the government that are behind the FUD and hacks. We don't have so much chance in this year so perhaps we just give up this year and start again in 2019.
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mkhadazz
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August 15, 2018, 04:15:56 AM |
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yes you are right for now it is best to keep the assets you have because the current price conditions are falling and when you sell assets that you have at a very cheap price it will hurt you and will make you lose the assets you have.
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abaidudez
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August 15, 2018, 07:41:14 AM |
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I think it's starting now already. The bulls will be here in a couple of weeks. The price movement that seems to go up already is a sign that the price is starting to go more and it will be reaching double during the first week of the last quarter of 2018.
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gabmen
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August 15, 2018, 01:39:20 PM |
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I think it's starting now already. The bulls will be here in a couple of weeks. The price movement that seems to go up already is a sign that the price is starting to go more and it will be reaching double during the first week of the last quarter of 2018.
Lol. Expecting too much dude? We've had a couple of surges that's even higher than this but were slapped by the market's reality. The bulls are probably not going to make a move until later this year, if they even come.
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