kumablack
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August 05, 2018, 09:30:12 AM |
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No one knows..anyone who has been been following crypto will lnow that its a cycle, the days of the bears are always numbered. So its all about being patient.
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KonstantinosM
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August 05, 2018, 10:01:59 AM |
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It's funny how we used to dream and plan for $1000 dollars per bitcoin. now we have more than 5 times that and we sit around and talk about how we're in a bear market.
Everyone assumes that we've lost money on bitcoin. I'm sorry to say but as far as I'm concerned bitcoin is doing very well.
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Syscoin has the best of Bitcoin and Ethereum in one place, it's merge mined with Bitcoin so it is plugged into Bitcoin's ecosystem and takes full advantage of it's POW while rewarding Bitcoin miners with Syscoin
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michellee
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August 08, 2018, 05:09:57 AM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
well, actually, this is the question from all of us and still, we don't know about this and we can only wait and wait for a while. but if you cannot hold anymore, maybe you can sell your bitcoin so you don't have to wait again and you can get your money's back. but I don't suggest this to you as you cannot make a profit and even you will get a loss. many people still hold their bitcoin until now and they can wait for the price increase again so I hope that you can stay calm to hold your bitcoin.
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Kakmakr
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August 08, 2018, 05:47:13 AM |
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You should have a look at this chart for your answer - https://www.blockchain.com/charts/market-price?timespan=all On 2013/11/02 the price was $992 and it took almost 3 years to reach $999 <2017/01/01> again. If we go according to that, then the $19 000+ All time high of 2017, would only come around in late 2020 or early 2021. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Luckily for us, Bitcoin do not keep to historic trends, and it might happen in a couple of days. <The price dropped with more than $600 in a few hours from yesterday, so it might increase with the same value in the opposite direction> ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Sircoss
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August 08, 2018, 09:01:47 AM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
It already feels like it will never end, of course we are everybody believing in cryptocurrency market and in resurrection of it in 2019, but it feels like to be honest that we are heading towards zero with all our prices.
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grraceyy
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August 08, 2018, 09:09:07 AM |
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sell your bitcoins . 3k is in sight.
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Harlot
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August 08, 2018, 09:38:49 AM |
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I think we have reached on the worst case scenario for now. Dropping horribly below 7,000$ and then again at 6,700$ made this price possible. But we are not on a bad position as compared to before when it reached on a price of 5,900$. With the price rejecting to go down further we might see Bitcoin go on a temporary price rally too 7,200$ if the price still holds on.
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CainCoin
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August 08, 2018, 10:20:39 AM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
I wouldn't be surprised if it lasts for a few years. Only those who have been through the bear market in 2013 will know from the bottom of their hearts that a rebound can take time. I wouldn't call you a holder because you have kept your bitcoins for 8 months. You need to be a lot more patient. You have seen nothing so far. I had been thinking something like that to myself for some time now. Thanks for reassuring me ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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websoftwareengineer
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August 08, 2018, 12:39:55 PM |
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No one knows..anyone who has been been following crypto will lnow that its a cycle, the days of the bears are always numbered. So its all about being patient.
You are right, no one knows when the market price will increase again and all you have to do today is be patient because the price can always grow depending on the news and other speculations that crypto analyst are creating.
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Vness10
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August 08, 2018, 12:50:07 PM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
No one can tell how long bear market will stay in crypto market and we have no choice to this situation. Let's hope that bull run will start this year so we have a good profits by the end of the year.
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fabiorem
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August 08, 2018, 12:53:35 PM |
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Well, I thought it would end at the start of this month. Since it didnt, we will be in this bear market until 2019, probably until May.
We can see some bulltraps, though. I believe we still can reach 12k in December, but it will be dumped again. There will be no ATH this year.
Hold it tight, because its crypto winter right now.
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Vanester2014
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August 08, 2018, 01:34:23 PM |
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Lets hope that this month or next month will be the end of bear market volume and start for a new bull run market until the end of this year. Its been a few months already when the bear market start so maybe this coming months will bull market already.
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South Park
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August 08, 2018, 10:12:08 PM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
You have been holding for 8 months, that is not a lot of time if you ask me, but about your question, many members in the forum are predicting a fast recovery since we got this crash and I find it to be very unlikely, so the most likely option is that this bear market is going to last for at least a few years, I know that it is probably not something that you want to hear but if you are a true holder you will find a way to hold your coins.
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kendedese
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August 08, 2018, 11:12:17 PM |
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the bear market has been going on for very long and no one knows when the bear market will end. You have to keep holding because in the next surge the bitcoin price can reach $ 30k.
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exstasie
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August 08, 2018, 11:17:08 PM |
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The bear market will end when we all finally turn bearish and start forgetting about Bitcoin. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Just look at history. It's when everyone thinks Bitcoin is dead that bubbles begin. And look at the situation we have now: the market is in decline and yet everyone is hopeful and caught in bullish hype (ETF hype, BAKKT hype, etc), thinking the next bubble is right around the corner. In July 2013, despite the correction being so short, I felt true despair. I don't feel that now. People are still so hopeful. I still think a mid-term bull trap and long term sideways correction is possible, but I wouldn't plan on an end to the bear market just yet. Remember also: sometimes the second leg down ends with a higher low (2012, 2013). So a continued bear market doesn't necessarily mean new lows, but it does mean distribution cycle and no new highs. I think we have reached on the worst case scenario for now.
This is what I'm talking about. It can always get worse.....
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Ararbermas
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August 09, 2018, 05:47:03 AM |
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I am a Hodler, I have waited for straight 8 difficult months to see the bulls return, we were having some semblance to a boom in the last 2 weeks, now market cap is struggling with 250 Billion $. How long are we going to wait?
Just wait mate until the market recover 'cause to be honest no one knows when bear market will end because of some unexpected factors that always exist nowadays in the market, so hold and be patience monitor the market always to get the right timing if your planning to sell of.
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Hueristic
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August 09, 2018, 09:20:04 AM |
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As long as your holding you haven't lost anything, it's only when you try to cash out that you lost. So stop looking at that ticker and set a price reminder and come back when that price hits, I guarantee it will happen before you die. In reality the only thing you have lost is the ability to profit more as long as your holding.
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“Bad men need nothing more to compass their ends, than that good men should look on and do nothing.”
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n0ne
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August 09, 2018, 09:40:17 AM |
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It's been predicted that the downtrend will go as low around the $6200 tag, after which the price will begin to recover little by little in a gradual manner. Anyhow in the short it is possible to earn through the fluctuations. Even in the last year the month August made a big change over the entire market scenario. Hope the same could take place this year too.
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nvdihankuke
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August 09, 2018, 10:00:20 AM |
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I think this question should be no one knows the answer. The last round of the bear market was ended at the beginning of 2017 and originated at the end of 2013, it lasted for about three years. But this round of bear market is only eight months until now, it’s very likely that it will last longer.
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European Central Bank
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August 09, 2018, 10:10:11 AM |
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I think this question should be no one knows the answer. The last round of the bear market was ended at the beginning of 2017 and originated at the end of 2013, it lasted for about three years. But this round of bear market is only eight months until now, it’s very likely that it will last longer.
there's a difference between a bear market and a flat or bored market. the bear market ended in 2015. after that it was a sideways/dead market until it started to move up again. i expect it to last into next year. when every single sign of life is still jumped on as a sign of the reversal of everything that tell us confidence is still too high.
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