Relax, its just a hard market reset

[elloco4ever]

It is difficult to predict the market in 2019, many argue that the market will recover soon but market conditions are not much different. And I prefer to sit patient and accept the possibilities that will occur this year.

You are right, we need to accept whatever happens in cryptocurrency. As this will always favour who have patience, there are lot of speculation regarding the pump this year but the market is unpredictable. Anyways let's believe crypto will pump this year.

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[BrewMaster]

It has always been difficult to predict the market, this year is definitely not different. If you look closely at the charts, we're still settling lower highs, which is something you should continue to expect this year.

you can't say the market is unpredictable then at the same time predict it with "expecting" something.
but kidding aside the market is really unpredictable specially at this point. the only thing you can do is to look at the previous times and see how the reversal happened in those times. although past is not the indication but it is all we have for now. and so far it seems like most traders loved the 2013 bubble and aftermath enough to prolong this bubble aftermath similarly. so it is not unthinkable to say they will repeat the recovery too.
in which case we can expect another massive dump and a sharp reversal resulting in breaking some big resistances. in which case all these low highs and low lows become meaningless.

[2chase]

It seems to me that 2019 might not justify the hopes of those optimists who are counting on strong Bitcoin growth this year. I believe that the hopes of many experts that he will be able to overcome the $ 15,000 mark are unrealistic in the current market conditions. I believe that he grows to 10,000, but not higher.

[Adriano2010]

I hope that this year we can have a higher price for bitcoin, at least 10,000$ and that the price will stay over for a long, but not one can know when this will happen. Maybe after Bakkt is launched and investors will start buy bitcoin.

[iMark]

It is difficult to predict the market in 2019, many argue that the market will recover soon but market conditions are not much different. And I prefer to sit patient and accept the possibilities that will occur this year.

You are right, we need to accept whatever happens in cryptocurrency. As this will always favour who have patience, there are lot of speculation regarding the pump this year but the market is unpredictable. Anyways let's believe crypto will pump this year.

we must realize that this price change is reasonable because of fluctuations, do not be consumed and affected by speculation or fud. just relax or leave the market if you're not ready for this, you're right just believe that prices will definitely rise again, it's a cycle that is sure to happen to the bitcoin market

[el kaka22]

I think people are getting to the correct mindset of bitcoin, looking at this topic we can clearly see many many people who realize that bitcoin could both go up or go down and it wouldn't be a shock to any of us. The price changes constantly because its bitcoin and that is what it does, it doesn't even require any news to change as well right now, its just purely speculation without regulation.

Look at the price today, nothing changed, if you didn't know any better you would say it is another day in bitcoins life cycle however today the ETF that everyone was expected got withdrawn from consideration so the big ETF news everyone was waiting for got cancelled but the price didn't moved a single bit. Which means bitcoin is becoming self aware and that is amazing for all of us.

[South Park]

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

True, but you are asking one of the most difficult things for an investor, you are asking them to stay positive and to not worry when many of them are losing more than half of their investment, those that can do it will definitely be rewarded but we need to admit is difficult, just look at how other markets move and you will see investors panicking over losses that compared to what we have gotten are not that big so while I agree with your advice I can see why others are panicking and leaving the market.

[maydna]

Somehow, I agree with the OP. In 2018 and the beginning 2019 is a market reset to clear off the weak hands so the market can get stabilize at the moment. Bitcoin needs solid support, and it will come from the true believer in bitcoin and not for people who don't believe in bitcoin for a long time. How bitcoin can grow higher if the support is not giving full power regard in believe that bitcoin can go up and come back to the higher price again.

[jeromix]

I hope that this year we can have a higher price for bitcoin, at least 10,000$ and that the price will stay over for a long, but not one can know when this will happen. Maybe after Bakkt is launched and investors will start buy bitcoin.

Yeah we are still dreaming for now because the real market price for bitcoin is 3K USD something and that is not really good or we are still in the bear market. The bear market has taken some time already this is why I understand that many are longing to get a good market price for bitcoin in the near future.

[jademaxxiss012]

In this market where one could see a huge market price fluctuation could definitely will create a panic. The panic could be able to identify since its market price has fall down for more as recorded in this present market. I do not think that there is a hard market reset because this is all about business or money matters where early investors has already taking out their profit.

[talkbitcoin]

i prefer calling it a "transition" phase and humans have always had trouble with transitioning because they always resist change. and being in a downtrend for over year has accustomed them to certain things which now they are resisting to give up and come back to reality.
so it would take time for this trend to change and the reversal to start and price to go back to the "rising mode" that it really belongs to.

[Barbut]

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

True, but you are asking one of the most difficult things for an investor, you are asking them to stay positive and to not worry when many of them are losing more than half of their investment, those that can do it will definitely be rewarded but we need to admit is difficult, just look at how other markets move and you will see investors panicking over losses that compared to what we have gotten are not that big so while I agree with your advice I can see why others are panicking and leaving the market.

If you wish to be correct some investors lost 90% of their investments, I`m talking the about the people who bought on top in december 2017. This is not the first time, same happened to people in 2013. Every market has this huge dips, same happened with many new inventions in the past, with internet, amazon, even apple. Not everyone is panicking, as I see many people still work a lot in cryptospace.

[iqlimasyadiqa]

I hope that this year we can have a higher price for bitcoin, at least 10,000$ and that the price will stay over for a long, but not one can know when this will happen. Maybe after Bakkt is launched and investors will start buy bitcoin.

Yeah we are still dreaming for now because the real market price for bitcoin is 3K USD something and that is not really good or we are still in the bear market. The bear market has taken some time already this is why I understand that many are longing to get a good market price for bitcoin in the near future.

The bear market at this time has made many people panic, everyone is frightened when the price of bitcoin has decreased dramatically. I am optimistic that some time later the price of bitcoin will gradually recover and the price of bitcoin will reach rates of more than 5,000USD. This is sometimes like a dream, but I believe because bitcoin sometimes makes things that seem impossible to become a reality. the opportunity to invest in bitcoin is indeed so great, which determines our success, whether we are always ready to face all the possibilities that will occur or not.

[deisik]

Think about December 2017: By that time, everyone was bullish and shorters had mostly given up (we were seeing sub-10K short levels on Bitfinex). Everyone had already bought, or in other words there were no buyers left to sustain prices at $20K. So the price crashed

This is just a theory

I don't necessarily disagree with it, but there is another theory which claims that the surge in prices was entirely artificial (remember 2013 and Gox times, anyone?) due to Bitfinex issuing new tethers like there was no tomorrow. So if this is what actually happened, you theory that "everyone had already bought" and "there were no buyers left" goes straight out the window as it was just Bitfinex stopping the proverbial printing press. If they didn't, we would likely see prices like 30k, 40k and so on, with no lack of buyers. Obviously, it would inevitably end in a catastrophic crash sooner or later anyway, but it is an entirely different matter

[Taki]

 Is there any button which could help me to follow this thread till the end of the year and see will the prognoses come true or not.
Anyway I'm agree with you that currently only new traders are living the market with looses just because of their experience with bitcoin ends by one or two previous years, the years of successfully growth. But bitcoin died for many times already and those people simply do not know it or do not understand.
In the end I am sceptical about this year as about positive one, but I'm ready to hold and raise my founds as much as it needs.

[ngusmin]

I feel hope is mixed with doubts about fairly difficult market conditions, Just hope that for 2019 the movement can increase.

[timerland]

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

It's really not about being optimistic. It's about being rational.

We know that we are in a period of a market reset, and that has happened basically throughout every single asset that is traded on the free market, and since the existence of bitcoin. Bear markets aren't anything abnormal and doesn't suggest anything fundamentally wrong about bitcoin.

All it is is a necessary correction from an overheated bull market of 2017, leading to prices dipping and market activity faltering. If you invest in bitcoin in the long run, or as a hedge against fiat, you shouldn't be panicking. Even though I don't expect 2019 to be the year a bull market emerges, I do think that it is a matter of time before prices recover, since bitcoin adoption especially on an institutional scale as increased despite this bear market.

[mirakal]

I would think the same, we are on a hard reset now and soon price will be back to normal.

We have been in a hard situation now and all we can do to stay is just to convince ourselves, though the likeliness of happening is very slim
but we never loss hope. Being optimistic is all we have to be now, think about the past on how it survive, and believe that we can totally repeat the history.

[myohmy81]

Being optimistic 101. Find possible positive things in all situation. I assume that this market dip is just a hard reset of the market's value where 'virus' or unworthy investors, mostly those who panic sell, forced to withdraw their account because of the dip. With this, all weak accounts will be perished and all remaining strong holders go on to victory. After it has been cleaned, we could now enjoy green fields on our wallet. 2019 will be great again for us crypto holders. Stay focused.

Yeah the fight must go until we achieve our goals in this technology. The road to success is not easier but we need to stay focus and attentive on our investment as we don't know what will be the outcome while the market is still in bearish trend. I'm optimistic that this year will be much better than last year and we need to take advantage to accumulate more coins as we can for a better profits once the market returns to a bullish. Those who will stay patience will get rewarded in the right time. 

[Barcode_]

I would think the same, we are on a hard reset now and soon price will be back to normal.

We have been in a hard situation now and all we can do to stay is just to convince ourselves, though the likeliness of happening is very slim
but we never loss hope. Being optimistic is all we have to be now, think about the past on how it survive, and believe that we can totally repeat the history.

I think it might take a long time for the whole crypto-currencies trading market to recover because VanEck-SolidX has already withdrawn their bitcoin ETF proposal from the SEC. In my opinion, I think there are a lot of investors who are still waiting for the first bitcoin ETF to be approve by the SEC before they are willing to invest their money into crypto-currencies, I am already mentally prepared to hold all of my bitcoins in my wallet in year 2019, and I will wait patiently while watching the movement of the trading market this year.