Bitcoin. What is possibly happening

[hubballi]

It is time everyone understands that warren buffett is actually a great business man with good knowledge of investment but he is certainly not a cryptocurrency enthusiast so most of his prediction are not from the view of a cryptocurrency enthusiast

Not only warren buffet but i will suggest not to take anyone advice do your own research and invest in crypto currency as it is high volatile. but safe. You should invest by knowing that it is long term investment to get good profit.

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[Attisob]

So today we are in bear market with a huge disbelief

Bitcoin is now going through hard times with stupid hash wars, global critics, you can't buy many things with BTC, I mean you can't live spending only BTC, at least in most countries. Transactions are slow, fees are big. We all know this, however we have Elon Musk, N. Nassim Taleb(visited blockchain conference today - https://www.youtube.com/watch?v=Da0aXfshlxM&t=1144s) talking on Bitcoin.

I actually don't know if anybody else talked about BTC from realistic point of view. I mean people who is not connected to this crypto-world. Do you know anyone? I mean these mr. W. Buffet quotes are hilarious.

So today everyone knows how to short, many people still in the game but not expecting too much from this. So we can say that it is probably a new period to gain new hype and adoption cycle. I believe next hype cycle will take place when halvening and lighting happens. What are your thoughts on current situation, and how do you see bitcoin or any other crypto being adopted as a paying instrument for anything being such a volatile asset?
Yrgxlrm rh fmhglkkzyov, low hklgh.


Lets keep our hands and minds crossed bitcoin is rising again. It has not really done badly in the first place just reacting to economic outcomes.

    

[jcarlo]

Nothing is happening to bitcoin that is new. Bitcoin have passed through stuffs like this before, am very optimistic that the bull is coming soon

I agree with you, be optimistic and don't lose hope be calm and patient for waiting cause bitcoin always survive in his battle and one day bitcoin will rise and give us more profit in our investment .

Its true, optimistic and believe on our own investment will make us more relax. In this bear market, better wait and see and not panic with market fluctuation.2019 will be a good year i hope. Long term investment is better option than selling at cheap price

[geminiboy]

Nothing is happening to bitcoin that is new. Bitcoin have passed through stuffs like this before, am very optimistic that the bull is coming soon

I agree with you, be optimistic and don't lose hope be calm and patient for waiting cause bitcoin always survive in his battle and one day bitcoin will rise and give us more profit in our investment .

Its true, optimistic and believe on our own investment will make us more relax. In this bear market, better wait and see and not panic with market fluctuation.2019 will be a good year i hope. Long term investment is better option than selling at cheap price

if you really believe then now I suggest entering new funds to buy cheap prices now, in long-term investments it is very profitable if you buy when the basic price is now happening, the long term is not always profitable if you think of people who buy $ 15k at that time

[CryptoBry]

It is time everyone understands that warren buffett is actually a great business man with good knowledge of investment but he is certainly not a cryptocurrency enthusiast so most of his prediction are not from the view of a cryptocurrency enthusiast

We know how respectful this man is because of his many achievements in the world of investment but just like all of us he is still human and therefore not perfect in his many ways...in fact he got it wrong with Google and Facebook before as certainly he is not a big believer with new technologies maybe because he is an old school. And we have to leave him at that. As to his pronouncements on cryptocurrency, we should be looking at Warren as the devil's advocate and we can still learn many things from him on this aspect as certainly nobody knows what can happen next in this very volatile environment and it pays to be careful all the time.

[TheClownSong]

It is time everyone understands that warren buffett is actually a great business man with good knowledge of investment but he is certainly not a cryptocurrency enthusiast so most of his prediction are not from the view of a cryptocurrency enthusiast

Not only warren buffet but i will suggest not to take anyone advice do your own research and invest in crypto currency as it is high volatile. but safe. You should invest by knowing that it is long term investment to get good profit.

I am agree. Its better use our own analysis because sometimes confident with our research will bring us to profits. Warren Buffet is great investor but i think he made mistake about bitcoin. Bitcoin can be a good store of value in the future and i think its good investment in near future

[jake zyrus]

Bitcoin will be able to overcome current setbacks and be able to recover its value periodically and so on will be able to make sharp improvements. I believe bitcoin will have a bright future.

Right, me too also believe that bitcoin have brighter future, and I know bitcoin will survive all the obstacle he facing now and soon it will recover and we will see the development of value of bitcoin it will rise in the market.

[maxreish]

nah, you have not yet seen a cryptocurrency bear market if you think THIS is a bear market
this is nothing compared to them. in cryptocurrency world when we say we are in a bear market it means you should expect price to be lower at least 30% within a week and by the end of the month reach at least -50% which is obviously not the case here. the altcoins may still be in one but not bitcoin.

I concur what you said. For those who are  here in crypto world for a long period of time, this bear market isn't the real heartbreaking bearish moment. But for those who are new here like me who did see the bitcoin from the top. This is the bear market we've get a glimpse of.

Anyway, this is how the market performs. And we have to understand that cryptocurrency may flactuate seriously like now.

[Dadan]

I think that's exactly what happens, because it's true even if I lose the hope of raising bitcoin but maybe it's a bitcoin uplift and bitcoin is too low, not fast Bitcoin's price increases especially now bitcoin is robbed so lost it as well as it went on it.

[Questat]

nah, you have not yet seen a cryptocurrency bear market if you think THIS is a bear market
this is nothing compared to them. in cryptocurrency world when we say we are in a bear market it means you should expect price to be lower at least 30% within a week and by the end of the month reach at least -50% which is obviously not the case here. the altcoins may still be in one but not bitcoin.

I concur what you said. For those who are  here in crypto world for a long period of time, this bear market isn't the real heartbreaking bearish moment. But for those who are new here like me who did see the bitcoin from the top. This is the bear market we've get a glimpse of.

Anyway, this is how the market performs. And we have to understand that cryptocurrency may flactuate seriously like now.

That faith is real, we can hold longer even if the price continuous to dump.
What we are seeing now is a start of recovery, this is good for holders and everyone who believe that crypto will once again rise.
I believe if we will get the bull run to start in this quarter, we might end this year with a new ATH.

[gabmen]

nah, you have not yet seen a cryptocurrency bear market if you think THIS is a bear market
this is nothing compared to them. in cryptocurrency world when we say we are in a bear market it means you should expect price to be lower at least 30% within a week and by the end of the month reach at least -50% which is obviously not the case here. the altcoins may still be in one but not bitcoin.

I concur what you said. For those who are  here in crypto world for a long period of time, this bear market isn't the real heartbreaking bearish moment. But for those who are new here like me who did see the bitcoin from the top. This is the bear market we've get a glimpse of.

Anyway, this is how the market performs. And we have to understand that cryptocurrency may flactuate seriously like now.

That faith is real, we can hold longer even if the price continuous to dump.
What we are seeing now is a start of recovery, this is good for holders and everyone who believe that crypto will once again rise.
I believe if we will get the bull run to start in this quarter, we might end this year with a new ATH.

Well what's heartbresking about this is that back then, we're not yet talking about thousands of dollars to one btc. I mean, of course there are a few worse bear trends, but what's a drop from 30usd to 2usd compared to a drop of 20k to 3k? See the difference there?

[BurgerCash]

nah, you have not yet seen a cryptocurrency bear market if you think THIS is a bear market
this is nothing compared to them. in cryptocurrency world when we say we are in a bear market it means you should expect price to be lower at least 30% within a week and by the end of the month reach at least -50% which is obviously not the case here. the altcoins may still be in one but not bitcoin.

I concur what you said. For those who are  here in crypto world for a long period of time, this bear market isn't the real heartbreaking bearish moment. But for those who are new here like me who did see the bitcoin from the top. This is the bear market we've get a glimpse of.

Anyway, this is how the market performs. And we have to understand that cryptocurrency may flactuate seriously like now.

That faith is real, we can hold longer even if the price continuous to dump.
What we are seeing now is a start of recovery, this is good for holders and everyone who believe that crypto will once again rise.
I believe if we will get the bull run to start in this quarter, we might end this year with a new ATH.

Well what's heartbresking about this is that back then, we're not yet talking about thousands of dollars to one btc. I mean, of course there are a few worse bear trends, but what's a drop from 30usd to 2usd compared to a drop of 20k to 3k? See the difference there?

Well it's still a higher drop in terms of percentages - although of course it took significantly less money to pump BTC right back up.
20k was an artificial pump - even if there was no exchange manipulation, at least you have to take into account the fact that tons of bitcions have not been moved and the float is really low.

[Bijikopi]

seeing the rapid development of the times, making the world of commerce wider in marketing, all of this desperately needs a media exchange that is practically acceptable in any country and most importantly safe. things like this are in crypto currencies. but change takes a long time so that the future of bitcoin will be very good in the future. because if all trading is online, the right currency to be a currency is the digital currency.

[jimskiy]

Bitcoin have speculative price, some time on higher but some time bitcoin could be on lower price. Many faced we got with bitcoin where on lower price but don't worry about bitcoin could be back at higher price.

[Jating]

So today everyone knows how to short, many people still in the game but not expecting too much from this. So we can say that it is probably a new period to gain new hype and adoption cycle. I believe next hype cycle will take place when halvening and lighting happens. What are your thoughts on current situation, and how do you see bitcoin or any other crypto being adopted as a paying instrument for anything being such a volatile asset?
    

It's hard to short today, in my opinion, only those who have the nerves and experience do it.

Past on historical past or the previous block halving in 2016, I would say it start the bull run but it takes four months or so.

So it's not like after the halving, bull run will start right away, you will have to wait and see what the reaction of investors after this event.

[JPSelzer]

I believe that bitcoin will sooner or later become a payment instrument. But it will take a very long time. Bitcoin has to solve some problems in order to become a large-scale payment method.

[Kakmakr]

Do you really think Buffet's comments should be taken seriously at all, the guy is one step from the grave and his whole empire was built on traditional financial instruments that was developed in a way to protect the wealth of the filthy rich 10% of this world. 

The Halving will not have a significant impact at all and the Lightning Network has been with us for years now, so it will not be the trigger for a next Bull run. 

The approval of a Bitcoin ETF, might be a trigger for institutional capital injection, but there are no guarantees that this will happen in the near future. 

[shesheboy]

I believe that bitcoin will sooner or later become a payment instrument. But it will take a very long time. Bitcoin has to solve some problems in order to become a large-scale payment method.

Bitcoin is already a payment instrument . we can use it to buy and sell online or even offline because many shops or stores are now accepting it as alternative to fiats  . the only problem that bitcoin has to solve is the transaction time but i think that is already solve because everyone is already talking about the lightning network .

For quite some times now bitcoin has been stable, so I am expecting some positive move in few months to come

Stable in price doesnt meant it can continue . dont forget that btc is a highly volatile type of coin  .  one single manipulation from the public and boom , the price can now become unstable again  .

[boyptc]

For quite some times now bitcoin has been stable, so I am expecting some positive move in few months to come

Everyone expect a positive move for the next few months.

It's not new because we came from the bear market and everyone sees that potential.

[Aikidoka]

For quite some times now bitcoin has been stable, so I am expecting some positive move in few months to come

Bitcoin is stable right now in the range of the price 3800-3950$ which it increases a bit in value in the last few days, but you shouldn't think that 100% will increase in the few days later, maybe it can decrease. I hope that your expectation will be right, because all of us want a huge improve of bitcoin price after the red days. In my opinion, bitcoin value will be like that for 1-2 weeks and later maybe it will increase and touch the 4500$.