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Author Topic: Seems to me Bitcoin is getting over the bear sh*t  (Read 647 times)
electronicash
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February 02, 2019, 04:29:46 AM
 #41

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.

Though I respect your opinion, but I don't think the price will pick up in 6 months! Bitcoin bearish situation has been running for 1 year! Every month's people kept saying next month, that month, at the end Bitcoin price will increase. But In every month of 2018, bitcoin went to down! So, here 6 months or 1-year strategy won't work anymore. I think it will take more time.
There's no real specific time indeed, what we are speculating are possible reversal and how long it will show up, Bitcoin bearish season still extending as panic sellers and weak holders are riding with the trend.

We can say it's done when it's really done when the bull are strongly moving forward commanding the new trend for investors and traders to enjoy the market.

its time to remind them to buy back. BTC is far from being destroyed is still more than $3k so it proves to be stronger than those who spread fud. the market ain't moving up but i think the tides are calming down. i see different movements this time. the crypto market cap is increasing yet the price of BTC is still.
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February 02, 2019, 04:43:51 AM
 #42

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.
There is no assurance that after 6 months the price of bitcoin will boom and just keep on waiting guys because maybe in this year we can see another bull run. Stay calm and keep supporting bitcoin until the price rise up and so we can gain high income like what happen in the year of 2017.
Stop looking for the hype of 2017 mate because this is the case why people here are seeking for much higher prices but in reality we are too far from that almost $20,000 value.why not be contented for what is market providing us ?we can earn little by little without losing faith and trust so keep it up .

the speculative comments now seems becoming more misleading so for me lets accept what we have right now and just wait if what the movements brings us
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February 02, 2019, 05:02:40 AM
 #43


In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.

Nah, it's just the usual dump on weekends, but we have a strong support along the $3000-$3200 so it didn't go that low. Right now the price is on the green so nothing to be worried.

Maybe some good news are incoming, we can't be sure for now but in general i was happy for the last 24 hours. Let's see what the coming weeks also have for us.


Good news or not, the price looks solid to me, maybe the bears is at the point of exhaustion so I don't see a dramatic drop or even hits another all-time-low.
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February 02, 2019, 05:07:13 AM
 #44


In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.

Nah, it's just the usual dump on weekends, but we have a strong support along the $3000-$3200 so it didn't go that low. Right now the price is on the green so nothing to be worried.

Maybe some good news are incoming, we can't be sure for now but in general i was happy for the last 24 hours. Let's see what the coming weeks also have for us.


Good news or not, the price looks solid to me, maybe the bears is at the point of exhaustion so I don't see a dramatic drop or even hits another all-time-low.

it is not a "dump" when the drop is  very small. and what we had in the weekend was a tiny drop and from $3500 to $3200 is considered fluctuations not even a drop.
with that said i agree with the fact that the market looks solid right now although it also has a lot of uncertainty in it. since many investors are still scared of the manipulation that has gotten us here and want to come back in when they can feel the safest. all we need now is a rise above $4k to kick start the rally as everyone rushes back in.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 02, 2019, 05:43:02 AM
 #45

The VanEck ETF is back on the table buddy.  Grin They just withdraw it during the US Government shutdown, to prevent the SEC from rushing a decision and possibly getting a denial of the proposal. Now that the shutdown has ended, it was once again submitted and the SEC have once again 240 days to respond. <So we looking at September 2019 for a possible due date for the decision now.>  Roll Eyes

I have a feeling that the decision will be done much sooner than September, because they had enough time to consider the previous application.  Grin

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February 02, 2019, 09:10:06 AM
 #46

Absolutely, I made a blog post last week about the current state of bitcoin market, bitcoin has been stable for quite a while now and I think something nice is coming

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February 02, 2019, 09:14:57 AM
 #47

Bitcoin price stable above $3000 and below $4000 because there is no good news. But if bitcoin ETF started, i think it will be good catalyst for bitcoin price and perhaps the price could rising again. But bitcoin price always volatile and i think i will keep holding

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February 02, 2019, 09:47:49 AM
 #48

Market sentiments through news drive the market and the bearish market have been with us for too long and I think the market has to reverse or more people will lose confidence in the crypto business. If all the news mentioned could not drag bitcoin price to speculated $2500 then we are closer to the end of the bearish market.
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February 02, 2019, 09:49:43 AM
 #49

It would be perfect if your are right. I’m very tired in this bear market. All crypto currencies are falling and the same situation is with my portfolio. If bitcoin will make x2 before summer it would be fantastic.
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February 02, 2019, 10:31:46 AM
 #50

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.
He lose his control and that's why he ranting about the price of the bitcoin. It is the reason why it is important to have patience. The bear market will still in a long way so we will wait more time for it to end. 
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February 02, 2019, 10:36:37 AM
 #51

Sadly, the bear market will still remain because of the price correction that is still happening. We should just wait because I am sure that the bull market will occur before the year will end. Just be calm and be positive on whats happening in the market.

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February 02, 2019, 11:09:56 AM
 #52

Sadly, the bear market will still remain because of the price correction that is still happening. We should just wait because I am sure that the bull market will occur before the year will end. Just be calm and be positive on whats happening in the market.

do you guys know about the F.U. graph?

it describes the bitcoins whales mentality about the poor nocoiners.


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February 02, 2019, 12:38:45 PM
 #53

do you guys know about the F.U. graph?

it describes the bitcoins whales mentality about the poor nocoiners.

Funny, but I don't know what to make out of this. Is it supposed to mean that we should not hope for a reversal soon as this is what comes to mind when looking at this middle finger? As I interpret it, the whales have earned profits, and now they don't give a fuck about what "nocoiners" might think or expect from the market. But as the latter constantly think and dream only of a reversal being "just around the corner", it is not likely to happen any time soon because whales no longer care for Bitcoin. Did I get you correct?

And what is your take on this?

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February 02, 2019, 09:49:32 PM
 #54

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.

Patience is what we need for this moment that bitcoin dumps for more because we cannot do anything for that to recover soon. Instead take an opportunity to buy more because that will help to change the supply in the market. Time to bullish will come and do not wait for it to come without anything  you keep from deep.

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February 03, 2019, 04:03:19 PM
 #55

Bitcoin is recovering from the bearish situation it has previously and I am considering about my self as a bitcoin trustee but even I feel it is very easy for any one to doubt but some does that unnecessarily and make decisions by panicking which makes negative effects on both the market and them self in vain  and that is why most of the time bitcoin prices move down even it is doing great than in the past and everyone should understand bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so patient is what we need at the moment until it recover fully from this condition

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February 03, 2019, 04:11:38 PM
 #56

Do not be too emotional over the price of bitcoin. Invest in bitcoin with the mindset of reaping in future, stop checking the coinmarketcap on daily basis. I market will definitely discover.
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February 03, 2019, 04:18:37 PM
 #57

I dont mind at all.
I am not in a hurry so any fluctuations doesnt matter as long as we can keep our bitcoin the same way it was before.
Just keeping myself updated with news.
Dont want to find out that every bitcoin owner will need KYC just so to abide by the law.
When that time comes then maybe I will withdraw. It aint different with fiat anymore.
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February 03, 2019, 04:49:43 PM
 #58

Isn't it funny to think that the bullish market appeared once in a while with a short span of time but bearish market spend too much longer? Does anybody notice this? It feels like a one in a million chance to get to the top and the ticket is just limited only. Whales are exempted already though i don't really mind though because i am just enjoying the benefits no matter where it goes.

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February 03, 2019, 05:22:30 PM
 #59

Isn't it funny to think that the bullish market appeared once in a while with a short span of time but bearish market spend too much longer? Does anybody notice this? It feels like a one in a million chance to get to the top and the ticket is just limited only. Whales are exempted already though i don't really mind though because i am just enjoying the benefits no matter where it goes

This impression is definitely not true

Bitcoin had been rising since the early fall of 2015 and started as low as $200. In this way, the bullish trend lasted for 16 months. This is not what I would personally call a short span of time unless indeed you were too late to the party. But then it's your fault, not Bitcoin's. Just in case, we have been in a downtrend only for 14 months since December 2017, so we have something like 2 months in reserve for a new cycle to start and still remain in the long-term uptrend which had begun in 2015

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February 03, 2019, 05:40:58 PM
 #60

Although I'm not one who much attention to price prediction these days because I have got my fingers burnt more than twice following price prediction signal channels on telegram.
But from my little experience, I agree that the bearish market maybe having it's last breath.
Hopefully, we see bull run soon.
We cannot have a conclusive answer whether the bear market is done, i wont be surprised if the market goes down further before the next rally. The whales will create a panic situation so that the market goes down further so that some will sell of their coins in panic, i am not telling it will happen, but do not be surprised if the market goes down further before the next rally, if the market goes down just invest further and wait for the rally rather than selling off in panic, either way the market will recover in the long run.
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