What can save the market?

[iTradeBit]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

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[tabas]

Bad for those that are disappointed with the time they bought bitcoin and afterwards it dropped. I can understand their point of saying such word and the reason for them to blame the market but they can't do anything with it. And to those that are keep on saying that the market will end soon, this isn't new. They have been telling that for ages and to your question what will save the market, us, institutional money, more development and positive news.

[btc_angela]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Of course the situation is really bad, we are down what? 70%-80% from previous all-time-high? What will save the market? I guess nothing? This market is on a cycle, we might be at the late bear cycle, meaning is sellers or the bears are exhaustive then sooner or later the market will pump again to start a new cycle.

[missbell]

if everyone decides to stop selling and holding btc for only couple hours, then, and only then we can see btc prices go up, if everyone keeps selling then price will continue crashing.

[Impulseboy]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Of course the situation is really bad, we are down what? 70%-80% from previous all-time-high? What will save the market? I guess nothing? This market is on a cycle, we might be at the late bear cycle, meaning is sellers or the bears are exhaustive then sooner or later the market will pump again to start a new cycle.

Bitcoin price dropped 80% before, do you think that it will survive if it continues to drop? I do have faith that time will come again that bitcoin price will come back up, and even double, but the question is when and how it will happen? It seems that market down is not enough for people to start using bitcoin. Is it possible this is the furthest bitcoin can go?

[exstasie]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Nothing will "save" the cryptocurrency market. Time is all the market needs to recover.

From the 2015 bottom to the 2017 top, price rise more than 128x. That was nearly three years of bull market. Nobody should expect the correction to run its course so quickly, in less than a year. Long term investors should be grateful there's more time to accumulate at cheaper prices.

[cryptocrusher]

The market is not in need of saving. If you look back just 2 years (a very short term ago) the market has grown immeasurably since then. If you look back 10 years to bitcoin's creation then no one could have predicted this. Crypto is going strong when considering the overall trend, 1 bad year doesn't change that.

[harizen]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

People just look at the current situation as downfall because some of them are used to be blinded by the hype that 2017 bring. Asked those people who already in crypto for several years and they have a different sentiment although some of them are already on loss.

If you have a strong view about bitcoin, then stick on it. If you want to remained positive, then stick on it. If you want to be negative, it's up to you. You know you will just be more doubtful and confused if you can't handle what you read on the internet.

End of bitcoin? Let's wait for bitcoin price to become $1 and that's the end.

[bkbirge]

Complete capitulation from the retail investor will signal to the whales that they've pushed as far as they can this cycle, and then the price will go up again.

[sunanbonang]

the only savior is investor trust, buy bitcoin now and not sell at a low price. it will help bitcoin and can make market conditions recover faster.

[UNOE]

Complete capitulation from the retail investor will signal to the whales that they've pushed as far as they can this cycle, and then the price will go up again.

Good point! Cryptocurrency market just like other mature markets do not need specific savior. The law of supply and demand will take care about cryptocurrency market just like always.

[pooya87]

"end of bitcoin" is just some nonsense FUD that newbie FUDsters are trying to feed the other newbies.

as for what can "save" the market, the answer is only time!
like any bubble, reverse bubbles are also unstable and need to be corrected. and they always set the market back a couple of months just like $20k bubble set the rise back about 8-9 months this reverse-bubble at $3k level is doing the same and price needs to first correct up back to $6k-$7k before the  confidence comes back and the rise to start.

[peter0425]

"end of bitcoin" is just some nonsense FUD that newbie FUDsters are trying to feed the other newbies.

as for what can "save" the market, the answer is only time!
like any bubble, reverse bubbles are also unstable and need to be corrected. and they always set the market back a couple of months just like $20k bubble set the rise back about 8-9 months this reverse-bubble at $3k level is doing the same and price needs to first correct up back to $6k-$7k before the  confidence comes back and the rise to start.

Lol. Isn't it funny how a lot of newbies now have created a lot of FUD and they seems to be very knowledgeable about the price movement. I suspect that this is not just a newbie but alts of someone we may have known in the past creating a lot of FUD as well. They need a new disguise to create lots of panic for the next breed of newbies entering the cryptoverse. Regarding the OP's questions, if we have bottom at $3k then obviously there's no more selling pressure and probably we will see the bulls taking over this market again.

[lionheart78]

the only savior is investor trust, buy bitcoin now and not sell at a low price. it will help bitcoin and can make market conditions recover faster.

This!..,  plus global adoption, technology development, implementation of instant transaction that can compete or  even surpass leading money processor and what else??  Government acceptance, being recognized by the government will strengthen the foothold of cryptocurrency market and participation of several financial institution.  That I think may save and maintain the cryptocurrency market.

[andrei56]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

There is no need to save the cryptocurrency market, the price of most coins went down for lack of demand and the price will go up when that demand increases and that is not going to happen until bitcoin gets improved by the developers, something that is already in a very advanced progress and we can expect good results during the next years.

[bintangkejoraku]

the trust of us who will save bitcoin from that death hole, now bitcoin is dying and very close to death. what can we do to save bitcoin? hold the bitcoin you have.

[mrcash02]

What will save Bitcoin is the continuity of the work that has been done so far. I think there is nothing to change about it, slowly more people learn about Crypto-Currency, develop more projects related to it, adoption and propaganda increases in different sectors. Meanwhile speculators make their profit, play with the markert, but the solid work is being done on the backstage, and this work's results is the prosperity of Crypto-Currency, on long term.

[wuvdoll]

A lot more interest. Not like the interest we have right now but probably 10 times that size.
We need all those 2017 noobs back in the market. Right now, our biggest problem is the lack of volume and trading and because of that rich people decide what the price will be like.

If you have enough money you can buy bitcoin by the bulk at 10 thousand bitcoins at once and keep doing that daily for a week and at the end of it the price will be a lot higher and you will be capable of selling that slowly (like 500 bitcoin a day) until you make a profit.

It is a time consuming idea but unless something bad happens you will profit like crazy. Or if you want to you can spend 10 thousand bitcoins on shorting bitcoin price and another 10 thousand bitcoin to sell and the price will go down like crazy making you more money than you lost from short.

Basically rich are getting richer with this market, we need more people to stop that, if 10 people can trade as much as 10000 noobs, we need 10001 noobs.

[haroldtee]

There is no bad situation here, it is just the market doing its thing during a downtrend, which was imminent before it even started anyway. However, this is a good thing for those who are wise enough to want to be a part of the future. I know some may be a bit skeptical at the way things are today and relating to when they bought, but anyone who is disappointed and does not see anything good in the downtrend, is either not seeing the bigger picture.
 
The market does not require saving, it is a season and it will come and go naturally. It is not like the market is dead or close to dying to be looking for something to get it saved.

[lelylely]

I think a trust can save the market, now so many users are panicking and because of their fear of selling low. I don't think this is over and as time goes on, trust will be strong again, and many will adopt cryptocurrency.

[wanted sliter]

just let it fall as it has to be like that.
nothing can go up forever.
the higher it gets, the lower bottom is.
it's still going like every other market did

[gabmen]

Does the market even need saving? I mean, yeah a couple of positive news could be a big help but we're likely just under a phase and eventually it will correct itself on it's own. Crypto is still very young and steep drops like this happen, same way as sudden price pumps.

[okala]

The market is not in dieying stage and up and down is the cycle of this market.  Trading is very risky and that is why those that are in the market are crying because the market keep going down for the past eleven months.  We just need to have another bullish trend that will create surprise and that may happen next year.

[Slow death]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.

just because the price is falling does not mean that it is the end of bitcoin, bitcoin could be worth  $1 and even then it would not be its end, but people should be realistic and should not live with high expectations as if price would increase all days and a day of that would be millions of dollars per bitcoins, because that will not happen. We have a price of  $4000 and this is a lot and can rise if have more demand, there is no reason to be desperate and think that is the end of bitcoin

More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger

I do not know about the bottom, but I agree with the rest of things.

some like McAfee say calm down and just relax, and Ilon is going to Mars.

 

What will save the cryptocurrency market?

more demand

[thecodebear]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

The market doesn't need saving. Just like it didn't need saving all the other times that crashes happened. When most of the market things the bottom is in that is when we will have a new bull market. Doesn't need saving, just needs time.

[Clark05]

We will save cryptocurrency market if we want remember the only cause why market dumping is because of us because the investors sell their coins and other leave when they got a lot of profit. We will earn money again to cryotocurrency but we need to support it.

[timerland]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Potentially, positive news could speed up the recovery process. But other than that, there isn't anything in particular that would get the market's sentiment shifted to bullish all of a sudden imho.

But honestly, it's really not a concern given the fact that we've seen bear markets happen across different asset classes, over and over again, and that it will be only a short term phenomenon if the long term mechanics are still there.

To me, there really isn't anything to save. The growth was unsustainable last year, which is why price corrections happened this year. And that's completely normal - it does not disrupt the long term adoption of bitcoin, but actually does provide a nice buying opportunity for investors.

[ginellis]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Just like they all are satisfied with the good future of Bitcoin we also have to be satisfied and it is not a bad time but it is a good time as we are seeing many institutions are involved in the Bitcoin and its use and even the governments are also in the way to take positive steps for Bitcoin, only the price is down but it will not remain there for a longer time.

[talkbitcoin]

considering that "saving the market" has nothing to do with the price you should know that the only thing  wrong with bitcoin market is manipulation that is occurring in it and the only way to save the market is to remove that manipulation or at least reduce the effects of it. again it has nothing to do with the price, price will still go up and down nearly the same way but we no longer would see unpredictable and irrational movements.

that can only happen if the market grows bigger so that the whales can not easily manipulate it with their funds. and this can only happen if exchanges become more trusted and also bitcoin is more adopted.

[Cacingkemi]

What can save the market is that we are all crypto users,we must be able to encourage each other so that there is a whale who will also encourage crypto values at this time.The value also grows so that more people will adopt crypto.

[cindygirl]

considering that "saving the market" has nothing to do with the price you should know that the only thing  wrong with bitcoin market is manipulation that is occurring in it and the only way to save the market is to remove that manipulation or at least reduce the effects of it. again it has nothing to do with the price, price will still go up and down nearly the same way but we no longer would see unpredictable and irrational movements.

that can only happen if the market grows bigger so that the whales can not easily manipulate it with their funds. and this can only happen if exchanges become more trusted and also bitcoin is more adopted.

If price is not what is holding the market back then why is it important to remove manipulation? After all it is price manipulation and nothing more. Let's face it, the price may not matter to some select people but it matters to the majority. A steadily growing price should be the goal and that will most likely come eventually. One thing I do suspect is that with each halving we'll see less and less volatility in bitcoin. Most people neglect the supply side of bitcoin because they know it is capped in time but as of yet it is not capped.

[jhonjhon]

We could just help by giving our trust. Market recovers with their own as one of the characteristic of the market. Its volatility effect happens all the time and its price fluctuation is just usual thing happen by then. We just wait patiently for the market recoveries cause that's the only thing we can do.

[arwin100]

considering that "saving the market" has nothing to do with the price you should know that the only thing  wrong with bitcoin market is manipulation that is occurring in it and the only way to save the market is to remove that manipulation or at least reduce the effects of it. again it has nothing to do with the price, price will still go up and down nearly the same way but we no longer would see unpredictable and irrational movements.

that can only happen if the market grows bigger so that the whales can not easily manipulate it with their funds. and this can only happen if exchanges become more trusted and also bitcoin is more adopted.

If price is not what is holding the market back then why is it important to remove manipulation? After all it is price manipulation and nothing more. Let's face it, the price may not matter to some select people but it matters to the majority. A steadily growing price should be the goal and that will most likely come eventually. One thing I do suspect is that with each halving we'll see less and less volatility in bitcoin. Most people neglect the supply side of bitcoin because they know it is capped in time but as of yet it is not capped.

Would rather agree on that and the main goal for now is to reach a steadily growing market but I prefer a stable market right now so that there would be no confusion coming on upcoming days since as I believe there would be no bull run coming since as of now we are facing a major upset.

We could just help by giving our trust. Market recovers with their own as one of the characteristic of the market. Its volatility effect happens all the time and its price fluctuation is just usual thing happen by then. We just wait patiently for the market recoveries cause that's the only thing we can do.

Giving our trust is big thing but play smart on the bear would make you more smarter since you cannot earn with being smart since it can collapsed if you see the price keep falling and your capital slowly melts. That's why we need to counter things and learn to play the game since the volatility of the market for now is little sketchy and bit good for a good grab.

[Yurkov]

Market will soon return to the upward trend. Unfortunately, but the recent price drops were very large and people lost confidence in the investment in cryptocurrencies. Now some time must pass, probably several months, so that investors will again believe in the potential of Bitcoin and altcoins.

[bitcoin31]

It is really bad for us because in this situation we are the loser because we lose more money. But we can save the market or the cryptocurrency if everyone or each one of us buying again bitcoin and stop selling their coin and keep their coin that they have at this moment.

[JMD07]

<sniff>
 then how bad is it? What will save the cryptocurrency market? What do you think?

The market is not bad at all as the transactions are always there...it just happen that the price is too much far from the all time high which most of people who bought that time are now creating panic. Indeed to push the price higher will need more new investors that are willing to put money in this volatile investment.

[gilangIDR]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

What will determine the future of crypto is ourselves. When we continue to use cryptocurrency, crypto will survive. So it's really funny when someone says that crypto will die. Because basically when crypto is still needed and used, the cryptocurrency will still exist. I will continue to use crypto and I will increase crypto transactions, I'm sure that will change the future of crypto to be much better.

[iamMhew]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Crypto currencies can survive as long as theres a community/group of people who continue using it. I believe that crypto is our future currency to be use for,  so that im just always calm down even the markets are bleeding, because sooner or later a massive adoption will come that no one can stop. We are in modern world so crypto is very useful for us to use. Just let crypto heal itself and you see can what really happen next.

[cindygirl]

If price is not what is holding the market back then why is it important to remove manipulation? After all it is price manipulation and nothing more. Let's face it, the price may not matter to some select people but it matters to the majority. A steadily growing price should be the goal and that will most likely come eventually. One thing I do suspect is that with each halving we'll see less and less volatility in bitcoin. Most people neglect the supply side of bitcoin because they know it is capped in time but as of yet it is not capped.

Would rather agree on that and the main goal for now is to reach a steadily growing market but I prefer a stable market right now so that there would be no confusion coming on upcoming days since as I believe there would be no bull run coming since as of now we are facing a major upset.

A steady market is almost the most confusing, because it's not evident if the market will be bullish or bearish when there is some price movement.

Why do you not think that a bull run will come? Many do not know when it will be but few believe there won't be one eventually.

[andrei56]

Does the market even need saving? I mean, yeah a couple of positive news could be a big help but we're likely just under a phase and eventually it will correct itself on it's own. Crypto is still very young and steep drops like this happen, same way as sudden price pumps.

Any artificial way that is used to try to save the market is going to fail, we need to let the free market decide what is the price that each cryptocurrency should have, when the price was very high no one was thinking about saving the market because they were very happy with the free market but now that we are seeing the opposite people do not like it.

[btc_angela]

Friends, I read a bunch of predictions on the market, haters rubbing their hands say that this is the end of Bitcoin and crypto.
More positive people say: use and buy, decline is the best time to buy Bitcoin, as soon as it nevertheless reaches the bottom, it will grow even stronger, some like McAfee say calm down and just relax, and Ilon is going to Mars.
But if you look at the situation as seriously as possible, then how bad is it? What will save the cryptocurrency market? What do you think?

Of course the situation is really bad, we are down what? 70%-80% from previous all-time-high? What will save the market? I guess nothing? This market is on a cycle, we might be at the late bear cycle, meaning is sellers or the bears are exhaustive then sooner or later the market will pump again to start a new cycle.

Bitcoin price dropped 80% before, do you think that it will survive if it continues to drop? I do have faith that time will come again that bitcoin price will come back up, and even double, but the question is when and how it will happen? It seems that market down is not enough for people to start using bitcoin. Is it possible this is the furthest bitcoin can go?

As you have said, if will survived in the long run. Its hard so see if this is the lowest can we can go because a lot has been saying that bitcoin can go lower than $3K, but we haven't seen that happening as it looks like there are people buying at the $3K range. As per using bitcoin, personally, I have used some and then stash more. Simply as that. So patience is the key here, again, I believed that the bears is exhausted at this point and there will come a time that bull will take over once again, just a matter of time.

[OrangeII]

Market will soon return to the upward trend. Unfortunately, but the recent price drops were very large and people lost confidence in the investment in cryptocurrencies. Now some time must pass, probably several months, so that investors will again believe in the potential of Bitcoin and altcoins.

well, most likely, the thing that most affects the market today is the people's needs for cryptocurrency itself. well, nowadays many people lose their trust in cryptocurrency, because of that the price decreases. maybe a little longer, the crypto price will recover in the market.

[luispitchler]

as long as btc holders hold on to it, there is still hope.  if only coins owners keep the faith, then it will soon recover.

[Wilhelm]

as long as btc holders hold on to it, there is still hope.  if only coins owners keep the faith, then it will soon recover.

True!
You can only buy if someone is willing to sell at that price.
HODL or Buy will make Bitcoin more scarse.
Trust in bitcoin will ultimately reflect in the Bitcoin price.