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Author Topic: Bitcoin need a miracle  (Read 26286 times)
ausbit
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December 12, 2018, 11:49:01 AM
 #61

The bitcoin need a miracle as the entire bitcoin market cap slumped down to $61 Billion.
We all need a miracle. Heck, the whole cryptocurrency market needs a miracle as the market cap slump to only $112 Billion.
The bitcoin market cap reached over $320 billion in December 2017 and the cryptocurrency market was at around $840 billion respectively.
What y'all got to say about the cryptocurrency market situation at the moment?

it doesn't need a miracle. it just needs people to give up hope. Smiley

back in 2015, people had lost all hope of another bubble. everyone figured bitcoin was just destined to be a niche currency, if they didn't forget about it entirely. those are the times when bull markets are born---when people least expect them.
It is not a miracle if it already happened before. I know too many people said the same thing but seriously if we look back on 2014 and see how it moved afterwards we can see that it is not a "miracle" it just takes time for people to get their courage back and invest again.

Last time there was less people interested in bitcoin and when they realized they lost money because of the price fall they did not return for a long time but they are almost all here again.

Last year a lot of people came back to bitcoin and when the price went down many of them left away, it will take some time before they get their courage back but in some time they will have that yearn for crypto investment once again and come back to it, when that happens we will see another rally, sooner this time hopefully.
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December 12, 2018, 12:15:12 PM
 #62

Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).
We already saw many miracles. Everytime the price drops hard, we experienced a huge wave driving the price many times higher. It may take months this time but it will recover with a miracle or not  Wink

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December 12, 2018, 12:27:12 PM
 #63

Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).
we will be realistic here, many investors want their assets to be safe, so they will certainly save themselves when bitcoin loses its value by selling it. the miracle of bitcoin does not come from users, but from the outside such as the legalization of all countries..
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December 12, 2018, 02:18:51 PM
 #64

What y'all got to say about the cryptocurrency market situation at the moment?

There is nothing to be said. No miracle is needed. Just the bear market to end. Price will stop decreasing then and become stable. Half year latter it will slowly start to grow. Most likely a year form now price of Bitcoin will already be higher then right now.
Fully agree with this opinion.It takes time to calm down.Then the price stabilizes and begins to grow.Players will return to the market and push it.
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December 12, 2018, 02:24:45 PM
 #65

yeah i think i should agree with this, right now recently bitcoin really in the tight spot to getting below the line and that was so frightend people to getting in again in this market, but i guess this is the time for new investor to getting involved in crypto market because this is was a good starter after all and people should know about this

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December 12, 2018, 02:44:34 PM
 #66

I think we, the users most likely will bring bitcoin back to life. There is a high level of doubt surrounding bitcoin price and this is not helping bitcoin grow. Though speculation nowadays revolve around bitcoin going down to $2000, if this will be, then we are actually seeing Bitcoin's real price. No need to panic guys, this is just a season to sift users and reveal the real use of bitcoin. This coin should not be a place for hoarding money but a place where its services are being utilized.


  Yes, i would agree on the above topic. Bitcoin need a lot investors to come in again after the recent downfall on its price value. The high Market Volatility affects the consumers confident level, plus the massive sell off on the crypto market which contribute to the further down stream on its price value really need a miracle help from investors. The good news is the reality on the market it correct itself after such drops. Maybe a more support system what needed most. I am still looking forward to a lot of crypto enthusiast investment will help to have a past recovery to a more favorable market status.

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December 12, 2018, 05:07:40 PM
 #67

bitcoin doesn't need a miracle, bitcoin only needs the trust of its investors. As long as the bear market takes place, bitcoin has lost a lot of trust from its investors, and makes the price of bitcoin difficult to rise.

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December 12, 2018, 05:26:27 PM
 #68

What y'all got to say about the cryptocurrency market situation at the moment?

There is nothing to be said. No miracle is needed. Just the bear market to end. Price will stop decreasing then and become stable. Half year latter it will slowly start to grow. Most likely a year form now price of Bitcoin will already be higher then right now.

I agree with you, and I think that Bitcoin will have another bull run in next two or three years, although it seems right now that everything is going to very low price levels.

BTC
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December 12, 2018, 05:26:53 PM
 #69

Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).

We do not need a miracle for bitcoin price to rise. It should grow naturally. Once people will use it more in daily translations, it demand will increase which will automatically make its price increase.
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December 12, 2018, 05:41:12 PM
 #70

many people say Bitcoin will recover in the foreseeable future, but keep in mind Bitcoin loses its price because it loses public trust in crypto which is misused by some companies by withdrawing funds through ico.
in the future, the ico regulations will be repaired and have official legality from the legal entity where the company is established and makes the positive side for bitcoin.
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December 13, 2018, 12:13:51 AM
 #71

Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).

We do not need a miracle for bitcoin price to rise. It should grow naturally. Once people will use it more in daily translations, it demand will increase which will automatically make its price increase.
Right.The price change will just come in the right time.After every dropdown of price,price hike will surely occur next to it.So we should not need any miracle.All we have to do is to be more patient while waiting for the good condition of the market to come.I believe if there will be more demands for bitcoin,the market will naturally increase its price.So let's all be hopeful for that.

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December 13, 2018, 01:32:56 AM
 #72

If you need a miracle, that is like accepting the inevitable death of Bitcoin. That is not the situation at the moment. There is no need to pray for a miracle. Everyone should just learn to accept that there are seasons insofar as the prices of Bitcoin are concerned. There is always a time when there's green everywhere and a time when there's red everywhere. This has always been the cryptocurrency reality. It has never been different.
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December 13, 2018, 03:11:50 AM
 #73

If you need a miracle, that is like accepting the inevitable death of Bitcoin. That is not the situation at the moment. There is no need to pray for a miracle. Everyone should just learn to accept that there are seasons insofar as the prices of Bitcoin are concerned. There is always a time when there's green everywhere and a time when there's red everywhere. This has always been the cryptocurrency reality. It has never been different.
I think praying without effort will be in vain. but for this effort everyone has their own limits. in the absence of sufficient capital we might be able to spread the good news to bitcoin, thereby reducing the sell panic that occurs. moreover I heard that Nasdaq started investing its funds in crypto, of course this is good for the development of BTC

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December 13, 2018, 04:01:18 AM
 #74

If you need a miracle, that is like accepting the inevitable death of Bitcoin. That is not the situation at the moment. There is no need to pray for a miracle. Everyone should just learn to accept that there are seasons insofar as the prices of Bitcoin are concerned. There is always a time when there's green everywhere and a time when there's red everywhere. This has always been the cryptocurrency reality. It has never been different.
well, we have to be patient to wait for the miracle that happens for bitcoin right now. well, sometimes holding assets does need patience, even though that is enough to make us worry, but I think at some point, the price of bitcoin will definitely become even higher. keep holding back and waiting for that.

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December 13, 2018, 04:03:35 AM
 #75

The bitcoin need a miracle as the entire bitcoin market cap slumped down to $61 Billion.
We all need a miracle. Heck, the whole cryptocurrency market needs a miracle as the market cap slump to only $112 Billion.
The bitcoin market cap reached over $320 billion in December 2017 and the cryptocurrency market was at around $840 billion respectively.
What y'all got to say about the cryptocurrency market situation at the moment?

it doesn't need a miracle. it just needs people to give up hope. Smiley

back in 2015, people had lost all hope of another bubble. everyone figured bitcoin was just destined to be a niche currency, if they didn't forget about it entirely. those are the times when bull markets are born---when people least expect them.
There is nothing to do in miracle and all we need to if we want to pump bitcoin is to support it until it go back the price of $20000. In term of bubble people thinks that bubble will happen now simply because of the price. Showing our support and hope about bitcoin it will rise up again.



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December 13, 2018, 06:56:00 AM
 #76

What y'all got to say about the cryptocurrency market situation at the moment?

There is nothing to be said. No miracle is needed. Just the bear market to end. Price will stop decreasing then and become stable. Half year latter it will slowly start to grow. Most likely a year form now price of Bitcoin will already be higher then right now.

I agree with you, and I think that Bitcoin will have another bull run in next two or three years, although it seems right now that everything is going to very low price levels.

Bitcoin may have the bull run this year itself or may be in 2019 beginning which is a the most expected and if we have it early much better so that people get attracted and we have more and more members in the community and in the market which is a healthy sign .
maemunah
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December 13, 2018, 07:06:39 AM
 #77

Miracle will only happen if most of bitcoin enthusiasts keep their faith in bitcoin after all what happened this past few months. What we need is a much wider range of people getting involved for a much higher demand. But how? We can't force people on their decisions! So I disagree to most members that we do not need a miracle. We do need a miracle! And I think it will only happen if we all believe. (Law of attraction).
We already saw many miracles. Everytime the price drops hard, we experienced a huge wave driving the price many times higher. It may take months this time but it will recover with a miracle or not  Wink
because in the near future bitcoin is experiencing a good price increase it's not possible, because this year is a bad year for crypto like bitcoin and other coins. but I am sure that in the coming year bitcoin and other crypto will surely experience good price increases
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December 13, 2018, 09:28:53 AM
 #78

We need more people's power , we need to stop whales from taking control, we need people to have one mindset that can benefit the growth of bitcoin, if some party only want to make benefit for themselves by spreading fud and manipulation then bitcoin is toward destruction, we dont need miracle but we need to fix bitcoin reputation and keep on attract more investors
besides that we need to grow trust again for investors, because that will make them confident and invest again in the market. many people are frustrated at the moment, and they seem to lose trust
The key is that with positive news circulating widely, imagine if there were a lot of positive news such as ETF Approved, Legalization, mass adoption, adoption from large agencies, then market confidence would rise and make bitcoin bigger again
right, news greatly affects the psychology of investors, many because of news they are in a hurry to enter market because they are afraid to miss the moment, and hopefully the good news will soon be there
Of course the positive news that we will be waiting for. the magnitude of the influence of the news we know it. like news about several Asian countries that prohibit the use of bitcoin, immediately made the market fall very deep. imagine if there news about a country that legalized bitcoin would certainly make mass adoption and demand go up
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December 13, 2018, 10:25:32 AM
 #79

If at this stage that bitcoin have attain a little level of acceptance we are complaining over fluctuation in price and need miracle urgently we should all see the first set of people that bought bitcoin when there was no hope as legendary. Patience is the virtue needed this period.

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guoyu78
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December 13, 2018, 03:09:19 PM
 #80

If you need a miracle, that is like accepting the inevitable death of Bitcoin. That is not the situation at the moment. There is no need to pray for a miracle. Everyone should just learn to accept that there are seasons insofar as the prices of Bitcoin are concerned. There is always a time when there's green everywhere and a time when there's red everywhere. This has always been the cryptocurrency reality. It has never been different.
I think praying without effort will be in vain. but for this effort everyone has their own limits. in the absence of sufficient capital we might be able to spread the good news to bitcoin, thereby reducing the sell panic that occurs. moreover I heard that Nasdaq started investing its funds in crypto, of course this is good for the development of BTC
Yes ,we should believe into our efforts instead of waiting for that to happen. But, there are already many good news are coming out like bitcoin ETF they get approved by beginning of 2019. I strongly believe that the approval of ETF must be the miracle, we are all is desperately expecting. Approval of ETF is definitely going to happen one day or another but we cannot sure about how things are going to happen in coming days. Other than ETF, there could be many other miracles too may happen around bitcoin ecosystem.  It means bitcoin will definitely have an unbelievably huge price level in coming months.

Bitcoin always need some good news to stir up the investors. Those good news may sound like miracle for many other people but in reality they are the actual market movers and we must need that to happen all times so that market will keep going up.
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