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?

[1715036654]

1715036654

[1715036654]

1715036654

[1715036654]

1715036654

[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

[qiwoman2]

I also believe it's going to go down more, the capitulation phase may last anything between three to 9 months in my books with a very long drawn out sideways bear market. So this bear market will last I think for a minimum of nearly two years. We just need to find a way to survive until then. I don't think things are going to get much better in the next few months and there is no sign of a Holiday Pump if that's what everyone is waiting for. This is NOT 2017, this is a horrible bear market 2018 year which seems to have no end in sight. I am really fed up with it right now lol.

[nazaididuan1]

The current market is relatively low, no one can grasp the rules of the market!
Everyone has their own right to trade choices, and making any decisions requires their own interpretation!
My decision is a wait-and-see attitude!

[larkinvain]

It's really pathetic still the market is in the red line but I strongly believe that bitcoin is a coin which can turn into the race within a moment not only bitcoin but also altcoins will rise very soon. Investors should buy coins at this downgrade situation and need to hold them for a reasonable price.

[btc-room101]

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?

I think bloomberg is right, my estimate all along has been $1400, and that's for the new floor, where btc will pump along $1400 to $400 is a real possibility.

The problem I always ask here, and nobody answers is, WHERE IS THE NEW MONEY COMING FROM?

The problem is 2017 the engineers of HYSTERIA-BUBBLE, fleeced all the suckers on earth, WHO IN THE HELL is going to step forward now and buy these shit-coins?

Every moron likes to think there is a greater fool than himself, but often the bag-hodl-r is the last guy to BUY into the ponzi.

[therhslv]

There is so many analysts novadays that everyone of them have own predictions . One predict 15k by the end of year , 1 predict drop to 1k and so on . Ofcourse 1-2 of them will guess it right and then will run around like expert shouting that he was right....... I better make my own decisions and buy/sell when i want =]

[btc-room101]

It's really pathetic still the market is in the red line but I strongly believe that bitcoin is a coin which can turn into the race within a moment not only bitcoin but also altcoins will rise very soon. Investors should buy coins at this downgrade situation and need to hold them for a reasonable price.

THere you go with that word 'investors'

INVESTORS invest in a sure thing, with a sure ROI, and no possibility of loss of principal.

BITCOIN is a speculative gamble, only morons bet on a 50/50 toss of the dice.

Right now most investors are doing ladder-cd's that fetch 3% and its a sure thing.


MORONS play games at rigged tables and bet on 50/50 games and put all their money on the table with hopes of getting rich, ... all such people end up in the poor-house.

Speculative gambling like bitcoin, or any other shit-coin is not 'investing'

[jeromix]

FUD's this is. I will not believe on this because we are reaching already the base line of the bitcoin market price. I doubt that you have made a good speculation but unfortunately more members here would not agree on your stand. So, If you may wish or speculate this things to happen you can go an exit without posting like this in the forum.

[bitbunnny]

And how do you exactly know how deep the price will go and that current dump is only beginning? I know that everything is possible when Bitcoin is involved but I don't like dramatic speculations and claims based on nothing, without any solid ground or argument. This only makes more panic and creates confusion among users that is not really necessary.
But to my opinion many users have already made their decisions, those who will stay and those who will quit.

[AshleyFurious]

The collapse may last for at least Q2-Q4 2019, or it may take even more, but it doesn't necessarily mean the market will go down essentially compared to where it's now. $3000 is a good option to buy with a goal of 3-5 years.

[gawlea]

The collapse may last for at least Q2-Q4 2019, or it may take even more, but it doesn't necessarily mean the market will go down essentially compared to where it's now. $3000 is a good option to buy with a goal of 3-5 years.

You are right about the recovery time, could also stretch over a longer period of time, even into 2020. As for the price, it may be going to $3000 or not, you will never know where is the bottom or the top, is very hard to hit one of it, this is why you need to buy all the way down when you want to accumulate or sell all the way up when you want to take profits.

[Juggy777]

The collapse may last for at least Q2-Q4 2019, or it may take even more, but it doesn't necessarily mean the market will go down essentially compared to where it's now. $3000 is a good option to buy with a goal of 3-5 years.

I don't believe that Bitcoins will collapse going ahead in 2019, we're on the cusp of a bitcoin rally it's only a matter of few days. The bottoming in bitcoins has ended, and now it's finding strong resistance at 3600$ levels, some more push and we'll reclaim 5k levels. If you're not aware then do note, that Bakkt and Nasdaq bitcoins futures are launching in Q1 of 2019, which shall send bitcoins prices soaring to the moon.

[RonF]

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.

Go ahead and panic sell so the price falls further and is cheaper for the rest of us to purchase.  I am looking forward to the coming massive rise in bitcoin and people like you are creating even more opportunity for the rest of us.

[kokobaba880]

Bitcoin price fall very badly but traders are happy because their commission are not stopped and bitcoin collapse after a long time period because in the mid of 2018 and now it falls badly in the end of 2018, Bitcoin buyer are now ready to buy because they knows that market will goes high again and they can make some earning but now i am not sure that whether this will how long goes now that whether market will recover or not.

[Savantor]

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?

Amazing, can I ask how did you figure this out? Could you please share any related formulas, my math is puny.

Cheers!  

[Yatsan]

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?

Buying at $2500 or above it does not reflect how you behave on the market or how you are as a trader. First of all bitcoin is known for its ability to hold such huge amount that reflects its price, second it is known for years and so buying it at any point price range is never wrong since its can possibly increase its value. No one will lose if they just hold up until 2019 comes.

[Zin-Zang]

Forget $1500, there is no bottom if the miners themselves are short selling.
BTC Death Spiral within a year.

Chinese Miners Are Shorting Bitcoins, it has no choice but to go lower.

If the miners are shorting it , and you are buying it. You are being played for a sucker.

https://www.trustnodes.com/2018/12/06/chinese-miners-have-become-the-biggest-crypto-short-sellers-says-local-media

A Bitmain aligned crypto-news site claims in what appears to be a translation of other local media that
Chinese miners have become the biggest crypto short sellers, margin selling bitcoin or eth as a hedge.

“Everyone is short-seller, we do this for self-defense but that will lead to a further decline in cryptocurrency price…

Without short selling, we will be eliminated ultimately, but if everybody keeps doing this,
we will finally die together, which is quite heroic.”

 

the question of demand can of course lead one to wondering
if the ultimate conclusion is not a price of zero..

BTC Miners


 

FYI:
Proof of Stake Coins are unaffected by the Chinese Miners Seppuku.
Because their input costs were not insane like PoW coins. 

[ngano ba]

Every coin holders ,investors have different strategy, in the world of cryptocurrency, we can advice or force them to that ,because they have their own management , the market which is sufferring from price falldown, is not really collapsing, I believe this will really comeback for crypto is still recovering from this market falldown , so we do not lose hope because this is crypto , it will rise and it will also goes down.

[Zin-Zang]

Every coin holders ,investors have different strategy, in the world of cryptocurrency, we can advice or force them to that ,because they have their own management , the market which is sufferring from price falldown, is not really collapsing, I believe this will really comeback for crypto is still recovering from this market falldown , so we do not lose hope because this is crypto , it will rise and it will also goes down.

The Miners themselves are short selling BTC, if that does not penetrate your brain, nothing will.

It also proves they have no monetary reserves left.

 

FYI:
No Miners, No BTC, sad that has to be spoken and not common knowledge.  

[Wingleness]

In the cryptospace, anything is possible. It can go that low as predicted or not, all are just based on mere predictions. The certainty is that after all said and done, Bitcoin will surely survive.

[Zin-Zang]

Forget $1500, there is no bottom if the miners themselves are short selling.
BTC Death Spiral within a year.

Chinese Miners Are Shorting Bitcoins, it has no choice but to go lower.

If the miners are shorting it , and you are buying it. You are being played for a sucker.

https://www.trustnodes.com/2018/12/06/chinese-miners-have-become-the-biggest-crypto-short-sellers-says-local-media

A Bitmain aligned crypto-news site claims in what appears to be a translation of other local media that
Chinese miners have become the biggest crypto short sellers, margin selling bitcoin or eth as a hedge.

“Everyone is short-seller, we do this for self-defense but that will lead to a further decline in cryptocurrency price…

Without short selling, we will be eliminated ultimately, but if everybody keeps doing this,
we will finally die together, which is quite heroic.”

 

the question of demand can of course lead one to wondering
if the ultimate conclusion is not a price of zero..

BTC Miners


 

[partysaurus]

ya i agree i would atleast wait, instead of catching a falling knife that is never a smart idea! but people seem so afraid of missing out that they instead catches some heavy losses before it eventualy will turn to the upside, but it will take sometime i guess.

[pat4cryptoreal]

I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.

[Zin-Zang]

I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.

Guy the miners that make btc work are shorting, who knows more about btc than them.

If the miners are shorting then BTC is Fucked, no way to deny that.

[badungs]

we do not know this situation is the last point of the price decline or the price will be much lower. we must be careful in looking at market conditions and must be careful in making policies to buy or sell. in my opinion, now is one of the right times because the crypto price is at its lowest level this month.

[btc-room101]

I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.

Guy the miners that make btc work are shorting, who knows more about btc than them.

If the miners are shorting then BTC is Fucked, no way to deny that.

BTC was always fucked, we all knew that, and we knew it would end this way,

Two or Three reasons

1.) No free electricity anymore in china, that door got closed last year
2.) Bitmain is giving away s-9s they have no value
3.) it now costs more to mine, than the what you 'win', running a s-9 miner right now means you lose $2/day, per machine,

Lastly, real miners only mine for a profit, only 'virtual miners' mine for a loss, just like HODL-ers hold 'virtual shit' and wait for a virtual gain.

[imstillthebest]

Early stages of collapse ? Holy cow  .  how can you say early when we already experienced this down fall for a verry long time already  .  if im not mistaken , the first crash was started on january 2018 and eventually it do continues up until now . 

And also , this isnt only the year that cryptos are dumping because cryptos actually dumping ever year and every time because that is thier nature . 

So do you still think that this collapse is in early stage ? 

Smart people will now act fast to buy a crypto because this is still the perfect time to do it.

Stupid people will still be waiting and they oftenly regret because they dont know how to decide properly  . lol

[Zin-Zang]

Early stages of collapse ? Holy cow  .  how can you say early when we already experienced this down fall for a verry long time already  .  if im not mistaken , the first crash was started on january 2018 and eventually it do continues up until now . 

And also , this isnt only the year that cryptos are dumping because cryptos actually dumping ever year and every time because that is thier nature . 

So do you still think that this collapse is in early stage ? 

Smart people will now act fast to buy a crypto because this is still the perfect time to do it.

Stupid people will still be waiting and they oftenly regret because they dont know how to decide properly  . lol

Stupid people will buy bitcoin , when the Bitcoin Miners are Shorting it , and the price will still go down.
Because the fucking miners are Shorting it!

[alex_gr_cc]

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?

Where did you get this information? For example, this year the large ETH wallets have become even larger. This means that whales only buy, but not sell. And they buy from hamsters.

[cizatext]

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?

What ever bloomberg analysis may be it can never ve accurate due to that fact any thing prediction of the price of bitcoin is just base on speculations and which can never stand 100%. I strongly believe that the market is going to recover soon and the bull will be up and running again, buying bitcoin above $3000 is still a good price to buy at because $3000 is a low price compare to what the price may be in the nearest future.

[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?

Where did you get this information? For example, this year the large ETH wallets have become even larger. This means that whales only buy, but not sell. And they buy from hamsters.

Ethereum is unprofitable to mine ,
those wallets are probably the exchange wallets with people selling it.

I suggest you learn to use google?   

[ansarose1]

There's good thing with your analysis about bitcoin's dropping price. But its also good to buy coins now since the prices are already low. Bitcoin is good with future investment, so bitcoin investors waits to drop its price to a very low then they would buy many of it.

[dewildance]

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?

Yes, I know you know everything very well. Bitcoin's gonna hit $ 100, anyway. I think you should also wait and then you should buy.

[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?

What ever bloomberg analysis may be it can never ve accurate due to that fact any thing prediction of the price of bitcoin is just base on speculations and which can never stand 100%. I strongly believe that the market is going to recover soon and the bull will be up and running again, buying bitcoin above $3000 is still a good price to buy at because $3000 is a low price compare to what the price may be in the nearest future.

Sad part is Bloomberg won't be accurate , they picked too high.

Bitcoin is facing an extinction level event if the Chinese Miners keep Shorting their own coins.

[Zin-Zang]

Yes, I know you know everything very well.

On that we can Agree.    

 

[hitrawal91]

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?

Firstly i don't think it will go down to $1500 and secondly i see a strong base at $2000 with whatever i have analyse with my knowledge.Buying above $2000 doesn't mean that they have done everything wrong or they are stupid it just that there calculation has gone wrong and due to that they will get less profit.One thing every buyer needs to understand is don't panic if the fall continue coz more you panic more you'll sell and that will affect the market and your profit.

[Gabrielexas]

From my analyse of the data (not just from my head) it can get a new All time Hihg in 2 years of around 50K, but before so at this time it can go as low as between $800 USD and $2,000 USD before the slow recovery process starts.

[millionaireshs]

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?

Obviously we choose always win but we don't do anything if the time will brings us into crazy situation like what happening right now. We are still reamain for waiting and hoping there is. Good development of price.

[Pattart]

I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.

You right, there is no perfect speculator, the OP itself has said that the person who said buy and hold maybe that person already sold it before. why did you not apply that logic to Bloomberg analysts, that he was waiting for the price below to buy, by spreading price predictions that btc price will continue to weaken

[tunapa]

You are kind of right,  if we consider  the bitcoin crash history . It's possible the price test 1000$ region before it stablises and then move higher.  I won't advise to buy when we don't know what might happen next as we don't know when the dip will stop.  So be watchful and be guided.  Take a good decision.

[kram31]

Noone knows if the market will colapse or rise.
Those who buy now maybe stupid for you but once the market start to rise now or tomorrow.
you will be the stupid one who dont believe on BTC.

[TheLoser]

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

[coolcoinz]

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

It's good that you think so, the more people get ready for a drop the less chance it will happen. Sounds strange and like it's against the market psychology? Not at all!
When people are hoping for a drop they open short positions, and the majority of coins isn't held by the majority of investors. It's exactly the opposite. 1% of investors hold more than 50% of all coins. It's enough for 1 or 2 rich people to start buying and all the shorts get liquidated and the more shorts the more they'll earn by turning the market around. It's just a matter of time before they make their move.

[kelz1]

Hate to say it buy the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

[shendy]

The market does collapse, buying and selling is an excessive panic. Fear continues to come with every coin dropping, people's steps to panic that is selling and being taken by the investor and finally the person loses.

[mayax]

people who buy bitcoin do so only because they want to turn a quick profit by selling their holdings to a “greater fool” than themselves.

[Zin-Zang]

Hate to say it but the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

At least , you can see it,  

many here are blinded by emotional fanaticism bordering on cult like behavior.

As long as the Chinese Miners are Short Selling all of their coins to just keep the ASICS on , price is headed down.
Miners blew all of their reserves trying to hold the market above $6000 for months, now they have no reserves left except selling everything.

Which shows you where they really place value not in bitcoin itself, but in keeping the ASICS operational, which is becoming harder every day.