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Author Topic: This is the big crash of 2018.  (Read 551 times)
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October 16, 2018, 06:29:54 PM
 #41

As far as i'm concerned about all of these fud and fake news, it seems that it doesn't really cause a huge effect on the market but we have seen some sort of small price correction lately.
You may call it a big crash since you only given notice to the recent ATH which that was just last year, can't you just move on and continue to support the crypto currency.
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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October 16, 2018, 06:38:48 PM
 #42

Fidelity will list BTC and ETH on his platform from beginning of 2019
That will allow institutional investors invest in crypto
Bitcoin sidechain is coming at the end of the year
We have more stable coins
And biggest one is bitcoin eft approval
So i think we will see price rising from December
I expect also more fud posts


 
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October 16, 2018, 11:11:09 PM
 #43

Fidelity will list BTC and ETH on his platform from beginning of 2019
That will allow institutional investors invest in crypto
Bitcoin sidechain is coming at the end of the year
We have more stable coins
And biggest one is bitcoin eft approval
So i think we will see price rising from December
I expect also more fud posts


ETF approval was still on the line and it hasn't been approved yet though if it will get approve then welcome to the new hype and as expected we can see a lot of fud posts again. Such as cheap marketing strategy yet very powerful because newbies are far more than us who knows what we are doing. Bitcoin is already a strong and top of the line in the world of crypto next is ETH so it's just a matter of time before we get to that spot again.

R


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October 16, 2018, 11:39:41 PM
 #44

Hold on, this is going to be a deep dive! With little support and a broken protocol.
See you guys at 3000.

3000 is possible but who really knows my only concern right now if this weirdness around tether other then that id assume we would be staying around 5000-7000$ range for awhile.
The next halving is only 1 year 6 months away so ppl are going to be looking for any cheap time to accumulate for that
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October 16, 2018, 11:51:31 PM
 #45

You only see if this is a big crash year, are you not aware of it or do you not remember the big increase in the previous year? The crash that occurred this year is normal because the crypto market has risen to a high in 2017, so I don't think there is any need to be surprised why this year is a bad year for crypto. I personally believe this will be natural, because the volatility of the crypto market will not be stopped.

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October 17, 2018, 12:14:53 PM
 #46

Hold on, this is going to be a deep dive! With little support and a broken protocol.
See you guys at 3000.
Bullish.

on one hand, YES. Cheesy

on the other hand, kwukduck is always bearish. i try to remove both perma-bulls and perma-bears from my sentiment calculations.

Nonetheless, there is no clear indication yet, anything can still happen, but with the way things are, I feel the bears are actually getting weak gradually,  but time will tell who wins the fight between the bulls and the bears.

it's a good time to sit on hands. arguably, both sides are weak. but since we are/were in a bear market, the pressure is on the bears to reestablish control and force new lows.

shorts are pretty high at the moment too, which tips things in the bull's favor.
What are you talking about? Do you mean that another big crash and bitcoin washes from the floor? I don’t think so because I believe that if the price dip more that will be the end of bitcoin. People are not so stupid that they would through their money into the well without any reason. We are looking upwards and you are spreading disappointment. It is not good for overall crypto market.
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October 19, 2018, 11:53:39 AM
 #47

Moreover, why on earth should I be bearish when I should be accumulating right now and even if the market gets even lower, it would just be a chance to accumulate the more.
People not willing to see the price go down further are heavily invested and have nothing left to buy with. They went all in at the wrong time and that's burning them badly during current bear market.

That's why you should always dollar cost average your fiat entry points over a longer period of time. Going all in is such a rookie mistake. It makes you heavily depend on one single market direction.

Rookies came here to get rich, but all they got is a bear market making them poorer. Positive aspect of this is that most of them will learn from it and maybe even use it in their advantage during the next bull run.

But of course, it is Kwuk!  Roll Eyes
It's not. Just a cheap wannabe.
It is assumed that if the price downs more, more and more people will invest their money in bitcoin but I don’t think so, because when the price rose more than $15000 last year thousands of people invested their money in bitcoin then why the price fell down to as low as $5000? This is all nonsense. I think if the price downs more nobody will trust bitcoin anymore.
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