Bitcoin Bleeding Again

[wxa7115]

We are in the 3K levels, We will rebounce or Bitcoin will die as faketoshi said?

Bitcoin is not going to die, its market cap is still above fifty billion dollars, I know that is very low compared to what it reached in the past but it is very far away from being an indication that bitcoin is dying, however I am not so sure that we are going to see the price bouncing again anytime soon, it is likely that what we are going to see is the price not moving much for some time, this is going to give the opportunity to those that really are interested in bitcoin to invest for a good price.

And then after some months we will begin to see a slow recovery of bitcoin, but it is not going to be a sign that the bull market is coming, it is only going to be a correction because I cannot see how a bitcoin can be worth its current price.

[Slow death]

We are in the 3K levels, We will rebounce or Bitcoin will die as faketoshi said?

even if the price dropped below $3000 would not mean that bitcoin died, if you do not remember last year the price was less than $3000  and bitcoin had not died. About faketoshi, his altcoin is in the 7th place in the coinmarketcap, and altcoin cash is in 6th place, it means that they are still competing and they look like flies behind shit.. Today the price of bitcoin had a great fall of price while the altcoin of faketoshi had a great increase of price, this is something very strange

Actually I feel very confused about the current market situation because it is very difficult for us to be able to predict what will happen next. I am currently choosing to remain silent and only monitor market movements.

The market might be very bad right now but it will not be the same right? The problem is we need to wait for few more days that's it. A lot of people are spreading FUD to buy coins from Panic sellers, hold your coins and wait patiently till the price increase.

Lol. Your few more days could end up in weeks and even months dude. We may be better off forgetting about crypto for a while to rid ourselves of stressing out over what's going on.

even if he waited months, it would be wiser to hold on and wait for those months, at least he would not be at a losses and would have made a profit

[mwaqar17]

Bitcoin has travelled so log to reach this point. This will be shining again but it need some time. Now it has reach to it's usual price. Like it was in mid 2017. It will come back after some amendments. There are a lot of people in the world, who don't know about crypto currency still. There is a chance that it will go to that population.