Peak get lower and lower, and dips get worse

[Gytza]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

My stomach hurts even when I'm just looking at these numbers. Who knows, maybe the real bear market is just starting and we have not seen nothing yet?
I don't see any new money entering any time soon because there are no good news and some people are losing faith.
On the other hand, wouldn't it be cool if we soon enter "this rally will fail like the others" phase? 

I do not want to repeat what others have already written, but "long and slow death" and "nobody wants to use it" is really classic ignorance about how BTC works. I know it is not easy for you, you invest when price was 15k $ or more probably - but at least be a little more original and not just copy-paste whole thread from April..
https://bitcointalk.org/index.php?topic=3234315.msg33673894#msg33673894

Sorry, wasn't aware of this.

[1715128652]

1715128652

[ResuLT]

It's a common situation as Bitcoin is the richest inflation digital currency that has ever made, I'm sure it will back in a long time.

[freightjoe]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip you are here with some

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

As always when the price goes down you come to the forum with your FUD. It seems that history of BTC for you start in December 2017, why you not start with 2009 and make some positive facts from that time until today?

I do not want to repeat what others have already written, but "long and slow death" and "nobody wants to use it" is really classic ignorance about how BTC works. I know it is not easy for you, you invest when price was 15k $ or more probably - but at least be a little more original and not just copy-paste whole thread from April...

First off, I have not lost anything, nor am I exposed to incur any losses. However, clearly the semi-religious BS from a lot of people in here needs some counter-points to at least try to dissuade people who cannot afford losses to stay away from BTC.

And what's wrong with the post from April - I was right wasn't I ? Peaks are still getting lower and we are still seeing the long slow death. Oh, I get it - like everyone in here you are allergic to facts that don't match your view, and by saying the magic word "FUD" you are hoping that your deep-in-losses investments will magically gain in value and save you.....

[freightjoe]

Sorry, wasn't aware of this.

And that is exactly why it is good to bring it up again - many like you might not be aware. This pattern of a long and slow death where peaks are getting lower and lower was already predicted months ago, and nothing has changed - that hard pricing facts continue to prove it. And being aware of the facts is the first step to making informed investment decisions - and especially to start realizing that professional investors never ever use the term "HODL" because it is one of the most ill-advised investment strategies

[yazher]

Don't get frustrated you see some leaves but most of the time more and more people are coming to invest. most of them are from big company like Starbucks are now coming to join the crypto currency industry and some new counties are introducing bitcoin to their people so most of the time it will remain and overcome the obstacles that it's currently facing right now.

[Lucius]

First off, I have not lost anything, nor am I exposed to incur any losses. However, clearly the semi-religious BS from a lot of people in here needs some counter-points to at least try to dissuade people who cannot afford losses to stay away from BTC.

And what's wrong with the post from April - I was right wasn't I ? Peaks are still getting lower and we are still seeing the long slow death. Oh, I get it - like everyone in here you are allergic to facts that don't match your view, and by saying the magic word "FUD" you are hoping that your deep-in-losses investments will magically gain in value and save you.....

You come to this forum only when BTC price is decreases which is obvious from your post history, and every time you post same thing/now just copy-paste same thing over and over. As I say your problem is that you just point out that ATH at 20k $ and you do not look anything before that. I do not have any loses with BTC, my start with crypto was in time BTC worth only 200$ - at a time when you did not even know that there are cryptocurrency.

I am only allergic to people whose ignorance knowingly mislead others, how many times have you already predicted long slow death of BTC during your "successful" career on this forum? If you just look at the charts from 2009 until today it is obviously that your speculations is just complete FUD and nothing more.

[freightjoe]

First off, I have not lost anything, nor am I exposed to incur any losses. However, clearly the semi-religious BS from a lot of people in here needs some counter-points to at least try to dissuade people who cannot afford losses to stay away from BTC.

And what's wrong with the post from April - I was right wasn't I ? Peaks are still getting lower and we are still seeing the long slow death. Oh, I get it - like everyone in here you are allergic to facts that don't match your view, and by saying the magic word "FUD" you are hoping that your deep-in-losses investments will magically gain in value and save you.....

You come to this forum only when BTC price is decreases which is obvious from your post history, and every time you post same thing/now just copy-paste same thing over and over. As I say your problem is that you just point out that ATH at 20k $ and you do not look anything before that. I do not have any loses with BTC, my start with crypto was in time BTC worth only 200$ - at a time when you did not even know that there are cryptocurrency.

I am only allergic to people whose ignorance knowingly mislead others, how many times have you already predicted long slow death of BTC during your "successful" career on this forum? If you just look at the charts from 2009 until today it is obviously that your speculations is just complete FUD and nothing more.

good for you - you still have time to sell to get out ahead. And given that I have been right so far - we do indeed see a continued weaker and weaker market - then it is clearly not FUD. But like everyone in here when you see facts you do not like you call it "FUD" and hope that these magic three letters will make the problems go away.....

[o_e_l_e_o]

Consider the army of altcoin shills that you see across this forum. Why are they shilling the coin? Because they are holding it, and want to make profit.

Now ask yourself the same question of freightjoe. Why would he waste so much of his time spreading nonsense? Because he has a financial incentive to.

His arguments aren't rooted in fact - he was posting the exact same nonsense during the big bullrun at the end of last year.

[LoyceMobile]

OP is a FUD spammer. Tell me OP, what is your agenda? Is someone paying you for this?

Bitcoin has gone through much worse.

[KimmyF]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

I was hoping for the come back of the Bitcoin, what I mean is the good status of this crypto currency in the market when where almost of the people in the crypto currency community is talking about Bitcoin. Well, even this is keep on happening, I was still believing that Bitcoin will rise up again.

[nussy]

I don't know why some people are so sure of a Bitcoin ATH with Bitcoin ETF approval. The approval will go along with some regulations and every law make to regulate a currency will definitely have an initial effects on it. So don't let us expect much from the ETF approval immediately.
I like your historical breakdown of Bitcoin price, but you cannot rightly predicts where the price might go next.

[Gytza]

Sorry, wasn't aware of this.

And that is exactly why it is good to bring it up again - many like you might not be aware. This pattern of a long and slow death where peaks are getting lower and lower was already predicted months ago, and nothing has changed - that hard pricing facts continue to prove it. And being aware of the facts is the first step to making informed investment decisions - and especially to start realizing that professional investors never ever use the term "HODL" because it is one of the most ill-advised investment strategies

No, you got me wrong. I wasn't aware of the two same threads. April and August.
Any person can do bare minimum and open CMC or Trading view and see highs and lows. If they are not doing it it's their problem. They're not supposed to be in this game and none of your "warnings" can help them.

[Milliionaiire]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

that's normal for me. because when the price drops it will definitely go up and when the price rises it will definitely go down. it's all because as time goes on enthusiasts are reduced. but that is not necessarily bitcoin will die precisely this is a good opportunity to buy.
and I want to ask you, did you not see the bitcoin trip before 16 Dec? don't just see the results but see also the journey.

[o_e_l_e_o]

There's no point in replying to OP anymore - he's gone. He's spread his FUD for now and won't be back again for a month or so when we wants to spread some more. Dont waste your time.

[xanaxxx]

Peak - 16 Dec: 20.000$

Dip - 30 Dec: 12.600$

Peak - 6 Jan: 17.100$

Dip - 5 Feb: 6.900$

Peak - 4 Mar: 11.500$

Dip - 7 Apr: 6.600$

Peak - 5 May: 9.800$

Dip - 28 Jun: 5.800$

Peak - 24 Jul: 8.400$

Now we are at 6.200 going down to the next even deeper dip

This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

if this is what you think, they just take your 0.001 btc you own, convert it to usd and leave this place. I don't see why you're making efforts of posting on this forum, I'm sure not to warn people

[zenrol28]

Peak - 16 Dec: 20.000$
Dip - 30 Dec: 12.600$
Peak - 6 Jan: 17.100$
Dip - 5 Feb: 6.900$
Peak - 4 Mar: 11.500$
Dip - 7 Apr: 6.600$
Peak - 5 May: 9.800$
Dip - 28 Jun: 5.800$
Peak - 24 Jul: 8.400$
Now we are at 6.200 going down to the next even deeper dip
This is the long and slow death of Bitcoin as there are not really anyone new who wants to use it (let's face it, there is no use at all, only "investment"), and as current Bitcoin-believers are slowly becoming fewer and fewer, the price will continue this long slow death-spiral

I only see it as removing people who saw bitcoin as an investment. People who only uses bitcoin as a currency which is its sole purpose can stay in this kind of situation. So stay away from bitcoin if you can't even last this dips.

[Dudeperfect]

Well, technical analysis is helpful to predict the trend of possibilities that might take place in the future. However, it doesn't mean, it is the only way to predict it. As of now, Bitcoin is still in the basic phase of development and we don't have the mass maturity to deal with a situation that takes place in the market. I am expecting this situation to remain chaotic for some time but I do see a positive picture down the road.

[Ilegendph]

I would just laugh those guys thinking too much about bitcoin price. Seriously, you just get a piece of data and come up with a conclusion in your head. Take a look at the whole picture here mate. There is much more bitcoin can do other than investment for you guys. After all, its not its main purpose so Im glad that you will go away from these industry. It doesn't need people like you who only thinks bitcoin is just an investment scheme.

[Valentyzer]

This is a mere fud
Why did you Base your assertion on only eight months price history, if you want to be logical start from years back

On December 1st 2013 bitcoin price rose to ATH of $1133 from $135 on April 2013 and it later went down to $200+ in 2015 and on January 2017 it went back to $1000+ and December same year it entered 20,000.
So it's normal

[NervousWolf]

It was pretty clear that something like this will happen. Bitcoin's price will not increase in a short period that is for sure. Maybe after a year or two the situation will become normal and it will hit the $10k mark.