Cryptocurrency Crash

[The Sceptical Chymist]

I am now seeing twitter alive with people giving away coins etc

Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

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[gabmen]

Don't believe on news of that believe on what you see on bitcoin all negative feedback of bitcoin is just a way of many others try to destroyed of faith on cryptocurrency they afraid of the power of it that in the future cryptocurrency will replace fiat currency.

Yeah it is right and that’s why I never believe in news and predictions and anything else. I always believe in the current situation of the market and the current market situation tells that price is almost stable and there is no increase in it, but it doesn’t mean that cryptocurrency is going to disappear from the screen. In the near future the price will go up again because of the high investment capital.

Lol. I don't know what these people are getting everytime they say bitcoin will or is crashing. Obviously there are several more of this fud initiaters and the longer it goes, i think people are starting to just shrug them off. Bitcoin has crashed for as many times as anyone could care but it's still here.

[worldofcoins]

I am now seeing twitter alive with people giving away coins etc

Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

I agree with you. I would not think these posts you saw were legit, no one in the right mind would give their coins away for free. AND, no this is no the end of crypto!!!

[buriks]

I am now seeing twitter alive with people giving away coins etc

Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

You are true that bitcoin never dies, even it is still good to invest as you said for 2020. There must be an increase in prices again and by the way, I apologize to you for my mistakes then you give my account redtrus

[Finestream]

Don't believe on news of that believe on what you see on bitcoin all negative feedback of bitcoin is just a way of many others try to destroyed of faith on cryptocurrency they afraid of the power of it that in the future cryptocurrency will replace fiat currency.

Yeah it is right and that’s why I never believe in news and predictions and anything else. I always believe in the current situation of the market and the current market situation tells that price is almost stable and there is no increase in it, but it doesn’t mean that cryptocurrency is going to disappear from the screen. In the near future the price will go up again because of the high investment capital.

Lol. I don't know what these people are getting everytime they say bitcoin will or is crashing. Obviously there are several more of this fud initiaters and the longer it goes, i think people are starting to just shrug them off. Bitcoin has crashed for as many times as anyone could care but it's still here.

Yes.And until now bitcoin stands strong through its thick and thin.Bitcoin crash is just normal.Of course it will happen since bitcoin has always its fluctiations all the time.But the fact that bitcoin is still here for almost 9 years already,i think its not just a simple digital currency,its where our future relies.

[himtater87]

I am now seeing twitter alive with people giving away coins etc

Say what?  If people are giving away bitcoin, let me know when and where.

People have been saying bitcoin is dead probably since day 2 of its existence.  Don't pay any attention to them.  Right now it's sitting pretty at just about $6500, and that's much higher than what it was in 2015 when I first bought bitcoin.  That's a hell of a gain, although not for me since I didn't buy at that point and hold it like I should have.  Hindsight is 20/20.

Don't mistake bitcoin for the rest of the crypto market.  There are way too many coins on the market, and most of them are destined to be in the Yobit 1-satoshi graveyard in a year or so, maybe sooner.  Nobody is ever going to use shitcoins for anything other than trading, and most of them aren't even going to be useful for that eventually.  In fact, if you take a look at all the coins that are offered on exchanges like Yobit, you'll see that many of them have ZERO buy orders, so even if you held a huge amount of shitcoin X, you'd never be able to sell it, even for 1 satoshi.  They're totally useless.

I do think a crash is coming, but not for bitcoin.  What's going to crash is the ICO market, followed by altcoins.  Once people finally wake up and realize there's no reason to own any of them, they'll sell and the price will tank.  Don't know when that's going to happen, but I'm nearly certain it will eventually.

Those dishearten people give such statements that lose their money due to their wrong and abrupt decisions. I think these news misguide people and there is nothing to be worry about the future of cryptocurrency. Cryptocurrency is the future currency and we must admit this fact. All other currencies will disappear from the market but crypto especially bitcoin will be there.

[herurist]

I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

Sell all coin and exchange it into currency, safety way need to be done in this situation. We don't know when down trend will change into up trend, this long condition make many people see cut loss is realistic decision. We will loss value but we can start new way to make money out side crypto market, I'll take that chance. You?

[BerneirBTC]

Don't believe on news of that believe on what you see on bitcoin all negative feedback of bitcoin is just a way of many others try to destroyed of faith on cryptocurrency they afraid of the power of it that in the future cryptocurrency will replace fiat currency.

Yeah it is right and that’s why I never believe in news and predictions and anything else. I always believe in the current situation of the market and the current market situation tells that price is almost stable and there is no increase in it, but it doesn’t mean that cryptocurrency is going to disappear from the screen. In the near future the price will go up again because of the high investment capital.

Lol. I don't know what these people are getting everytime they say bitcoin will or is crashing. Obviously there are several more of this fud initiaters and the longer it goes, i think people are starting to just shrug them off. Bitcoin has crashed for as many times as anyone could care but it's still here.

I also wonder what these people are doing here in this forum. They are making money from campaigns and also keep negative thoughts for crypto. They understand well that it is not true but they just want to collect different opinions of different people in this forum. If somebody thinks that cryptocurrency is going to crash, he should quit this market.

[crossabdd]

no one dies, crypto doesn't die. especially bitcoin. have you seen the price chart from the beginning of bitcoin accepted for transactions? and compare it to the current price. then with coins shared on twitter, you call crypto dead. I think you need to learn more about crypto. Price crashes are currently only to meet pattern support. where every price communication is on the candle.

[yla1974]

The market have a new player. Pay attention to the scope of the project. Legal player in the blockchain environment. Legal ICO. And artificial intelligence. I think it's time to prepare for a serious dive. But I hope for the best.
https://www.sec.gov/finhub

[cryptojac17]

In achieving profitable price on a certain currency which was active in the trading exchanges, crashes of the price is always been a part of its developing community. We need to look closer to a bigger potential and don't mind those glitches, because you can't appreciate challenges without that.

[shuvro_]

I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

There no possibility about that

[Biscutard]

I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

How could you say so? Bitcoin is not yet dead as long as the prices is higher than in 2015 because the only reason for most of us is that they tend to buy it at higher price than buy it before which is so cheap at all. As for now if you bought coins at higher prices then i suggest to hold it all along until you could have actually gain some profit from it, otherwise suffer for your loss.

[Jamjamz30]

This downtrend for almost 3 quarters of 2018 was really challenging on us crytpo-enthusiasts. It really hard to apply the buy low sell high concept because the down trend was tremendous losing more than 60% already. As of now, prices are stable fluctuating a bit but that is alright.

[samcrypto]

no one dies, crypto doesn't die. especially bitcoin. have you seen the price chart from the beginning of bitcoin accepted for transactions? and compare it to the current price. then with coins shared on twitter, you call crypto dead. I think you need to learn more about crypto. Price crashes are currently only to meet pattern support. where every price communication is on the candle.

The price of cryptocurrency is dropping, but it never says that its dying. People should understand the price trend so they will not panic whenever they see a dump trend. Bitcoin will not die of course, only shitcoins will die but never a great one.

[kotajikikox]

I have been reading many reports in the press that (Bitcoin) Cryptocurrency is dead, does anyone have any ideas why we are witnessing such a crash as is currently taking place, I feel the banks are doing all they can to unsettle prospective users of bitcoin so they retain the monopoly. I am now seeing twitter alive with people giving away coins etc, what are you doing with yours?

Selling Up

Holding On

if you can do a yes or no we can have a little poll for a couple of days

Do not listen to them they want people make panic, actually if an actuve to read in different  news media outlet you can get more good new specially some country adopt bitcoin as leagl tender and businesses use bitcoin accept bitcoin as payment.

[nydiacaskey01]

I don't see a big crash in the horizon. What i see is a possible bull run when the holiday season starts. Cyber Monday this year falls on November 23, that's where almost anything you see that can be sold online goes on sale, from subscriptions, services and daily items that we need. If there's an online shop that accepts Bitcoin as payment and offers a good sale and good discount, people will visit that site to buy items there.

[otundebis]

The media opinion and knowledge of bitcoin is very shallow.  We can  also see the expert analysis of bitcoin is wrong.  Their conclusion feel as if somebody is paying to paint cryotocurrency black and blue.  I am sure average cryptocurrency traders and investors knows what to do in situation like this.  Hold!

[Moxivuki]

Although many regions are interfering with the normal development of the cryptocurrency market, I don't think this will change the status of Bitcoin. The stock market has also encountered many doubts, isn't it?

[Aivaryamal]

Crypto-currency technologies have a great future, just each project has its own development plans and needs more time to implement them