Market still in the early stages of Collapse, only the Stupid buy this early

[Zin-Zang]

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers.


FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

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[Jackolantern]

I believe that market will recover soon and it will be able to offer us a lot of benefits. To my mind, digital currency is the best way to enjoy benefits of confidentiality and convenience

[jake zyrus]

I believe that market will recover soon and it will be able to offer us a lot of benefits. To my mind, digital currency is the best way to enjoy benefits of confidentiality and convenience

Right, I also believe bitcoin will recover and be positive it will rise soon and give us oppurtunity and benefits to gain more profit. Using digital currency is very convenient and safe and most of all your identity is confidential.

[gentlemand]

"early stages of Collapse"

95% or more for most alts. 80% for Bitcoin.

How were you released into the world with such a basic grasp of numbers? There've been some shocking crimes against mathematics since beariness descended. It doesn't look like people plan to improve their cognition any time soon either.

[delphic]

Good advice, because I was just going to buy now.Further depreciation seems something catastrophic.I hope that doesn't happen.I've already lost so much.For re-purchase can it of course and well.But on the other hand,it smells like a complete crisis.

[SventraPapere]

To me, this is already happening.If this keeps happening, I'll start to panic.I buy now.I hope it won't get any worse.My deals are already in the red.Like many others I guess.We need to re-buy now.

[pinky]

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers.


FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Everyone has different opinion based on their financial literacy. Market collapse will repeat itself in history with different fake trends.  3000$ is not  neither expensive or cheap for smart trader

[Bitcoinnation]

Buying above $2500 shows you don't know what you are doing.

Come on, not everyone has the same buying point as you.. some people sold off at 20K and what would stop them from buying at 4K or 3K? they already made their profits. It's not like it's a must that BTC will drop at that point. Those so called analysts of yours are wrong most of the time.
This Market Collapse will be long , possible range a few months to a few years.

(Collapse is less than 2 weeks old.)

What the hell are you talking about? only 2 weeks old... have you been following since late December last Year?

The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose.

Just like your so called analysts, while the command you to wait for when to buy, someone else is gaining. Bottom line is "No one should dictate on when I should buy or sell"

[Zin-Zang]

(Collapse is less than 2 weeks old.)

What the hell are you talking about? only 2 weeks old... have you been following since late December last Year?

Dufus, the MOST RECENT market price collapsed from a semi-stable price support floor above $6000, only happen a few weeks ago.
The $6000 support floor was broken, odds are the miners were going broke trying to hold it,
which is why now you are seeing miners close shop as they can no longer afford to be part of BTC non-profitable mining.
It also means , the miners have already exhausted their monetary surplus, so $1500 is the new support floor and it may not even hold.

Latest bounce to ~$4000 is nothing more than a dead cat bounce, as their is no real economic movement to support the price.
The above was my opinion which happens to be shared by many,
People can make up their own mind , what course of action they personally follow.

You should definitely Do what the Fuck you want to , I'll enjoy seeing your stupidity deflate your wallet & ego.  

[Marbelli]

it is extremely silly to sell your coins at such low prices. I think that now you need to buy

[TheAndy500]

I don't know why you call it "collapse"..? For me it is normal for cryptocurrency (high risk) market. It is not first crash of bubble for Bitcoin - he was dying at lest few times. Drop to the level of $1500 will be possible if will come one more wave - i mean, now must be jump to around $5k-$7k and then, next correction can be even to the level of $1500.
The problem is that nobody can be sure that this wave will come. Now can also start price growing and thats all.. Bitcoin is unpredictable.

[Zin-Zang]

I don't know why you call it "collapse"..? For me it is normal for cryptocurrency (high risk) market. It is not first crash of bubble for Bitcoin - he was dying at lest few times. Drop to the level of $1500 will be possible if will come one more wave - i mean, now must be jump to around $5k-$7k and then, next correction can be even to the level of $1500.
The problem is that nobody can be sure that this wave will come. Now can also start price growing and thats all.. Bitcoin is unpredictable.

Because the word Collapse means : an instance of a structure falling down or in.
It is appropriate for the situation.

As far as predictable, The beginning of Bitcoin Collapse started in Jan 2018,
which just happens to coincide with the time the banks started blocking credit card users from using their credit card debt to buy btc.
A few weeks ago, is after months of no additional credit card debt pumping the price, the miners money is now exhausted after holding a $6000 floor.
Price before the pump was less than $1000, and the rate of adoption is lower now than then due to btc instability.
The Market is in worse condition that anyone knows, except the miners that started giving up on it.

[rodskee]

Yeah correct there's nothing can give exact prediction when these current price crash of bitcoin
But nit stupid to buy bitcoin during this time because i think price will reach the bottom of dpropping
This an opportunity to buy bitcoin for the people interested to increase their investment

[Dexion]

the decline of BTC this year was very drastic, BTC has a lot of bad influence this year, asset hacking, exchange hacking, fake news, FUD, big sales, and hash battles.

this is like when MTGox falls, but this is worse.

but, I always use this condition to buy and hold, or trade with a fast strategy.

[dothebeats]

What does Bloomberg Analysts and the halt of buying BTC with credit cards have to do with the recent crash/collapse? Also, a lot of coins have already been offloaded and up for grabs, if you know how to check the market at least. This is not failure to grasp on basic concepts on my part but you overexaggerating the current situation to spread fear. I agree that it takes time before the market recovers, and crashes occur not overnight for bitcoin but for months or years, but we're down 80% from $19000 already and historically 80-90% drop from a previous ATH is what's happening before it meets its floor, and we're nearing that level now.

[Zin-Zang]

What does Bloomberg Analysts and the halt of buying BTC with credit cards have to do with the recent crash/collapse? Also, a lot of coins have already been offloaded and up for grabs, if you know how to check the market at least. This is not failure to grasp on basic concepts on my part but you overexaggerating the current situation to spread fear. I agree that it takes time before the market recovers, and crashes occur not overnight for bitcoin but for months or years, but we're down 80% from $19000 already and historically 80-90% drop from a previous ATH is what's happening before it meets its floor, and we're nearing that level now.

It removed the Greater Fools from the Equation that were buying bitcoin on PURE Speculation that it was going to make them rich within a year.

In a normal Bear Market , it is 3 to 5 years, yes 80% was lost  in less than 1 year,
so you pretending past history of only a 82% maximum loss will occur is your hopeful thinking.
Adoption according to the news site has decreased not increased, analyst that are paid for their opinion are quoting $1500 as the next real floor.

My point is this, it is a long drop, no need to waste your money and buy higher than you need too.
But if you truly feel it is the bottom , hell feel free and mortgage your house buying high, if you're broke and homeless it will be your own fault.
All you be doing is enforcing the belief in the greater fool theory.

Timeline is simple.
Credit card pump make btc reach insanely high market price of $20000 per coin
Banks blocked the pump
Miners wasted their monetary resources trying to maintain a $6000 price floor for months
*Now many Miners are shutting down and declaring bankruptcy*
All of this means BTC has to recalculate it's true market price based on it's actual usage, which has decreased over time not increased
The Lie that BTC is a store of value has been exposed.

Ignore all of the above at your own discretion.

[Iambatman]

Yeah you are right but there a lot of holder now who's have been go on panic selling. So yeah they lose and us the holder i know next year will be a good start to us

[Romeotom]

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers.


FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Actually I believe it bitcoin market will come back soon,but you should them like bitcoin hold or investment then definitely we will receive more extra profit. Remember it this is good time already created to buy many good currency for the future hopefully profitable.

[Kopyleft]

Everyone now has an opinion of the market, and whosoever does not agree with them is either retarded, or stupid.
And many a time that opinion is formed from the suggestions of some cryptocurrency expert or influencer.
Use the tools and make YOUR own analysis.

[kelz1]

It can never go down that low, too many people will buy into it as they haven't left the market, simply figuring out where the bottom is before buying more. 3000 will be the lowest it can go