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Author Topic: Are we destined for Doomsday?  (Read 437 times)
mr.mister (OP)
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November 19, 2018, 04:04:34 AM
 #1



Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?


Bitcoin Cash (BCASH) is NOT the real Bitcoin
HODL2090
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November 19, 2018, 04:26:51 AM
 #2

All you have is your opinion of where you want the market to go based on available information.
Switzerland approving exchange traded products is a plus you the market in my opinion and raises optimism for the SEC ruling on bitcoin ETF.

This is surely not the beginning of the end.
Herbert2020
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November 19, 2018, 06:29:34 AM
 #3

if bitcoin died each time a newbie called for a doomsday then it should have died at least 5000 times in the past 10 years. each time price drops someone comes up with some reason to call for a doomsday and call it "end of bitcoin" as you did here and all the while the wise people continue accumulating bitcoin. next thing you know the topics shift from "is it the end of bitcoin" into "i am sad because i missed out on buying bitcoin, now it is too expensive".

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
flying_bit
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November 19, 2018, 06:43:17 AM
 #4



Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why?

What are your thoughts?



There's a lot to consider. ETF approval still pending, I don't know but I do think we're just being played.
There's just too much fear right now in crypto market that if only I already have my Christmas bonus I will be so happy to bag some more of my fave crypto.

Reality is the only thing that is real.
aoluain
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November 19, 2018, 07:07:46 AM
 #5

Mr.mister what are you thinking? Why do you think we are seeing the beginning
of the end? What are you basing this thread on other than two high profile
bitcoiners having a feud?

The majirity of people here are very positive about bitcoins future.

R


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raidarksword
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November 19, 2018, 07:13:14 AM
 #6

Everything has gonna end except for bitcoin. Hard it may seemed but bitcoin will last for a long time as long as we keep supporting it, as investors and enthusiasts who wanted to adapt bitcoin's ideology, then there are nothing to worry about. Swiss exchange listing on first crypto ETF is already an achievement for us. So, doomsday is not gonna happen my friend.

btyco
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November 19, 2018, 07:39:59 AM
 #7

If those bitcoincash idiots didn't ruin the markets this news about the swiss etf could have been the catalyst that pumps the markets. We should all turn against BCH for this massive dump

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Andruha1993
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November 19, 2018, 07:40:40 AM
 #8

Again I see a panic. Why people are so pessimistic. This is all temporary, wait a while and the market will recover. No need to tie all the news in one pile.
dohh
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November 19, 2018, 07:55:02 AM
 #9



Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?



My thoughts have not changed from when BTC was priced at 11K. BTC is a scam and will end like one.
BitcoinPanther
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November 19, 2018, 07:55:20 AM
 #10

Nope OP, Bitcoin is not destined for doomsday, I believe this is just the beginning of another rise.  We can see the switzerland approving ETF,  the upcoming BAKKT on dec.  This is just the beginning of global adaption of Bitcoin.  More will follow after this event.  So those who sold their holdings in this dip will regret it.


My thoughts have not changed from when BTC was priced at 11K. BTC is a scam and will end like one.

Kindly tell us why you thought so ??
Phantomberry
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November 19, 2018, 08:33:00 AM
 #11

No and never will happen because bitcoin is still great and doing good and bitcoin is on recovery mode and will be back soon.
Bytem3
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November 19, 2018, 08:39:30 AM
 #12

It's looking pretty bad out there right now :O Bitcoin price could even drop further down to $4500 or $1500:

https://coincodex.tv/videos/365/will-bitcoin-price-drop-to-1500-ripple-staying-strong-bitcoin-cash-crash

Best way to LONG/SHORT Bitcoin. Up to 66x leverage. Register on BitMax now!
avikz
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November 19, 2018, 08:59:14 AM
 #13



Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.

That's a bad thing happening! It seems like a very old plotted game by Ver himself in effort to bring down bitcoin. I don't see any reasonable background for such fight and made me believe that it is a plotted scenario and Wright is well involved with Ver to bring down bitcoin. No Clue, absolutely!


Quote
Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/

Swiss has actually approved an ETP (exchange traded product) and not ETF even though the structure is almost same for both. The best part about the ETP is that it is a physical one. The fund managers are going to buy physical coins from the market. But they are not only based on bitcoin. They have other coins like Ripple, BCH, Litecoin among others. That can be a game changer for us!

nicster551
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November 19, 2018, 09:05:50 AM
 #14



Are we seeing the beginning of the end? Could this be it? Could bitcoin actually go to $1000 USD? What do you think of the current scenario? Are things looking positive or negative? Tells us why.


I see negatives right now, like this thing could fall some more. For one, because the feud between VER and Wright.


Switzerland just approved the world's first ETFs but their Market has only 1.3 trillion U.S dollars, nothing compared to Wall Street.

Check out the article below on what the SEC might do with the upcoming ETFs review. They will probably deny or postpone.

https://cryptocannibal.com/2018/11/14/why-the-future-of-a-bitcoin-btc-etf-is-uncertain-with-the-current-bch-hash-war/


Another factor that may cause BTC to crash right now, is slowing global economic growth. Oh, and lets not forget the fear index.


https://alternative.me/crypto/fear-and-greed-index/


Retail investors are very uncertain about bitcoin right now.


What are your thoughts?



That is what they want you to think for them to make us small traders leave the market before the big pump will happen.
B4RF
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November 19, 2018, 09:21:01 AM
 #15


Oh, and lets not forget the fear index.

https://alternative.me/crypto/fear-and-greed-index/

Retail investors are very uncertain about bitcoin right now.


Maybe you should actually read more then the headline  Wink

Quote from: Crypto Fear & Greed Index
Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.


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meanwords
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November 19, 2018, 09:37:52 AM
 #16

if bitcoin died each time a newbie called for a doomsday then it should have died at least 5000 times in the past 10 years. each time price drops someone comes up with some reason to call for a doomsday and call it "end of bitcoin" as you did here and all the while the wise people continue accumulating bitcoin. next thing you know the topics shift from "is it the end of bitcoin" into "i am sad because i missed out on buying bitcoin, now it is too expensive".

You are right mate. That's just how it is. It is funny how this people spreads FUD and they are also the one who spreads FOMO after Bitcoin increases in price. I want to see a little more drama before Bitcoin moons, that would be too funny.
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November 19, 2018, 09:52:54 AM
 #17

YES WE ARE HEADING FOR A COLLAPSE --> https://bitcointalk.org/index.php?topic=5059138.0
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November 19, 2018, 09:58:10 AM
 #18

Ahh yes, slow economic growth = fear of bitcoin not keeping up with the negatives..

Ahh no, not at all. It is more likely for bitcoin to boom in an event of a bad economic activity rather than flop together with overleveraged assets and drown within the woes of the financial industry. Fear index means nothing for bitcoin and in fact, most financial experts believe that bitcoin and gold would be the best assets to hold until the whole mess resolves itself. This is a classic FUD post that happens every so often, especially timed with bad market performance and negative news surrounding the ecosystem.

As for me, I'm not uncertain of my investments. I'll keep them as they are.
ambisyon
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November 19, 2018, 10:55:36 AM
 #19

Since crypto market is experiencing a deep decline in the current situation, it doesn't mean this is the end of btc or doomsday for the rest of the altcoins. Perhaps, I believe this could be a major adjustment in the crypto world  and most likely, market will recover soon.Though this may take a while but definitely will continue to exist and prosper. This is the right time in buying btc and alts at a lower value as people could get good return of investment once pump will take effect.

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Impulseboy
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November 19, 2018, 11:09:01 AM
 #20

At first I do not believe that bitcoin can go as low as $1000 but and I am still not fully convinced that this will happen, but if we are being realistic about it, there is a chance that the price of bitcoin might collapse to $1000. That being said, I do not think that bitcoin will die even if the price drops that low. It is just far too established for bitcoin to end just because the price falls at $1000. What do you think?
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