Bitcoin Forum
January 18, 2020, 06:52:26 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
Author Topic: Bitcoin Is Now Officially In Its Longest Bear Market Ever  (Read 816 times)
boss.afro
Newbie
*
Offline Offline

Activity: 102
Merit: 0


View Profile
February 02, 2019, 10:14:07 AM
 #1

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
1579330346
Hero Member
*
Offline Offline

Posts: 1579330346

View Profile Personal Message (Offline)

Ignore
1579330346
Reply with quote  #2

1579330346
Report to moderator
1579330346
Hero Member
*
Offline Offline

Posts: 1579330346

View Profile Personal Message (Offline)

Ignore
1579330346
Reply with quote  #2

1579330346
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
tonyja2017
Member
**
Offline Offline

Activity: 532
Merit: 10


View Profile
February 02, 2019, 10:22:06 AM
 #2

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
yep, it's a sad truth but we have to accept it. crypto suffered too much damage, bubbles exploded, affected by trade wars between major countries, the financial market declined, ...
There are too many disadvantages for us. But this is also an opportunity for us to buy bitcoin at a cheap price. The market will recover in the future and we need to work more.

Hivalley
Member
**
Offline Offline

Activity: 210
Merit: 19


View Profile
February 02, 2019, 10:25:04 AM
 #3

And this period has been a difficult one for bitcoin investors and those who bought large amounts especially when we had high prices.
But for the hodlers,its no loss until the coins are sold,many have lost believe and faith in the system,but I believe patience would prove invaluable at the end
DAVETUN
Full Member
***
Offline Offline

Activity: 714
Merit: 101



View Profile
February 02, 2019, 10:17:44 PM
 #4

I feel it gives a long opportunity to keep investing as we are sure BTC is still evolving and several changes will takes place globally, that will be to it's advantage,  I feel the 2017 bull run is quite over rated, therefore the correction might take a while, then we can be assured of the bull, I trust the BTC community,Iwill keep holding

LUCKMCFLY
Hero Member
*****
Offline Offline

Activity: 840
Merit: 656



View Profile
February 02, 2019, 10:40:13 PM
 #5

We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ... If the market is analyzed, they will realize, if they start to see triangles or figures, they do not make any sense.

.
.
.
▄███████████████████▄
█████████████████████
████████████▀▀░░░░███
███████████▌░░░░░░███
███████████░░░░██████
███████████░░░░██████
████████░░░░░░░░░░▐██
████████░░░░░░░░░░███

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

▀██████████░░░░█████▀
▄███████████████████▄
█████████████████████
█████████████████████
████▀██████▀░░░▀▀▄███
████░░▀▀███░░░░░░▄███
████▀░░░░░░░░░░░▐████
████▄░░░░░░░░░░░█████
█████▀░░░░░░░░░▄█████

████▀█▄░░░░░░░▄██████

█████▄░░░░░▄▄████████

█████████████████████

█████████████████████

▀███████████████████▀
▄███████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀█████
███░░░▄▄▄▄▄▄▄▄▄░░░███
██░░▄█████████▀▀▄░░██
██░░███▀▀░░░▀▀▄▄█░░██
██░░██▀░▄███▄░▀██░░██
██░░██░░█████░░██░░██
██░░██▄░▀███▀░▄██░░██

██░░███▄▄░░░▄▄███░░██

██░░▀███████████▀░░██

███░░░▀▀▀▀▀▀▀▀▀░░░███

█████▄▄▄▄▄▄▄▄▄▄▄█████

▀███████████████████▀
▄███████████████████▄
█████████████████████
█████████████████████
██████████████▀▀▀████
██████████▀▀░░░░▐████
██████▀▀░░░▄▀░░░█████
████░░░░▄▄▀░░░░▐█████
██████▄▐█░░░░░░██████

███████▌▌░░░░░▐██████

████████▄██▄▄░███████

█████████████████████

█████████████████████

▀███████████████████▀
.
livingfree
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 517



View Profile
February 02, 2019, 11:00:38 PM
 #6

I do think that we've touched the bottom and this really is the accumulation period. Thinking on the brighter side, congratulations for passing the longest bear market history ever. See, everyone's a legend right now for having that feeling and nerve to pass this longest bear trend.

We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ... If the market is analyzed, they will realize, if they start to see triangles or figures, they do not make any sense.
Right, that's what I'm thinking right now and those who are still waiting for the bottom it's okay. But if ever we see the market starts to expand positively, everyone will have an idea that this bear is about  to end soon.

          ▄▄████▄▄
      ▄▄███▀    ▀███▄▄
   ▄████████▄▄▄▄████████▄
  ▀██████████████████████▀
▐█▄▄ ▀▀████▀    ▀████▀▀ ▄▄██
▐█████▄▄ ▀██▄▄▄▄██▀ ▄▄██▀  █
▐██ ▀████▄▄ ▀██▀ ▄▄████  ▄██
▐██  ███████▄  ▄████████████
▐██  █▌▐█ ▀██  ██████▀  ████
▐██  █▌▐█  ██  █████  ▄█████
 ███▄ ▌▐█  ██  ████████████▀
  ▀▀████▄ ▄██  ██▀  ████▀▀
      ▀▀█████  █  ▄██▀▀
         ▀▀██  ██▀▀
.WINDICE.████
██
██
██
██
██
██
██
██
██
██
██
██
████
      ▄████████▀
     ▄████████
    ▄███████▀
   ▄███████▀
  ▄█████████████
 ▄████████████▀
▄███████████▀
     █████▀
    ████▀
   ████
  ███▀
 ██▀
█▀

██
██
██
██
██
██
██
██
██
██
██
██
     ▄▄█████▄   ▄▄▄▄
    ██████████▄███████▄
  ▄████████████████████▌
 ████████████████████████
▐████████████████████████▌
 ▀██████████████████████▀
     ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
     ▄█     ▄█     ▄█
   ▄██▌   ▄██▌   ▄██▌
   ▀▀▀    ▀▀▀    ▀▀▀
       ▄█     ▄█
     ▄██▌   ▄██▌
     ▀▀▀    ▀▀▀

██
██
██
██
██
██
██
██
██
██
██
██
                   ▄█▄
                 ▄█████▄
                █████████▄
       ▄       ██ ████████▌
     ▄███▄    ▐█▌▐█████████
   ▄███████▄   ██ ▀███████▀
 ▄███████████▄  ▀██▄▄████▀
▐█ ▄███████████    ▀▀▀▀
█ █████████████▌      ▄
█▄▀████████████▌    ▄███▄
▐█▄▀███████████    ▐█▐███▌
 ▀██▄▄▀▀█████▀      ▀█▄█▀
   ▀▀▀███▀▀▀
████
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
  ██
████


▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ █ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
iePlay NoweiI
I
I
I
odolvlobo
Legendary
*
Offline Offline

Activity: 2730
Merit: 1467



View Profile
February 02, 2019, 11:12:51 PM
 #7

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.

Buy stuff on Amazon at a discount with bitcoins or convert Amazon points to bitcoins: Purse.io
Join an anti-signature campaign: Click ignore on the members of signature campaigns.
d5000
Legendary
*
Offline Offline

Activity: 2338
Merit: 1654


Decentralization Maximalist


View Profile
February 03, 2019, 01:13:25 AM
 #8

Sorry. The article is mistaken. Even by their measure, the bear market ended almost 2 months ago with the low in December around $3100.
Yep. At least it's false that it's "officially" in the longest bear market. Wink

All these articles (google "bitcoin longest bear market") seem to be copies from a text published in January (I found it at Bitcoin.com, but I doubt it's the original source) where they correctly state that it "may" be the longest bear market. Now some of these blogs (including Coindesk, which is a shame as they claim to be a "leading" Bitcoin media outlet) "actualized" it and it became "officially" the longest bear market ... but no lower low was recorded ....

We still don't know. Possibly we're going a step lower. But personally I think the probability of a ~$3100 low is higher.

Lalafell
Sr. Member
****
Offline Offline

Activity: 784
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
February 03, 2019, 06:17:26 AM
 #9

For my own opinion, we still experience bear market because there is no changes in the price, even the price of bitcoin is still around $3400-$3500. I really want to see uptrend market not a down trend market but do you know what month in this year we see the uprising price of cryptocurrencies?

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
horrifiedx1
Member
**
Offline Offline

Activity: 420
Merit: 10


View Profile
February 03, 2019, 06:34:20 AM
 #10

this time the condition of bitcoin scored history for 10 years of its development. but this is the cycle of travel that must be faced by BTC. because not every development without obstacles. if BTC is able to get out of this zone, it will certainly have a more rapid development

INMINING   [ Mining as it should be.       AvailableEffectiveSAFE  ]
███████████████ ❱ IEO in C O I N E A L ❰ ███████████████
telegramfacebook  ❱❱❱❱   [ JOIN ]   ❰❰❰❰  ◾ twitterwhitepaper
mirakal
Legendary
*
Offline Offline

Activity: 1554
Merit: 1160


LuckyB.it is Back!


View Profile
February 03, 2019, 06:49:52 AM
 #11

If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.

It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.

                         ▄▄▄▄▄▄
             ▄▄█████▄▄███████████▄▄
     ▄▄    ▄████▀▀█████▀▀▀  ▄███████▄
  ▄█████  ████    ███▀     ███▀▀▀████▌
 ▐██▀    ████    ▐██▀  ▄  ▐███    ███▌
 ▐██▄   █████  ▄▄███  ███ ███▌   ▄███
  ▀█████████████████▄███ ▐█████████▀
    ▀▀▀▀████▀▀  ▀▀████▀  ██████████
       ▐███▌            ▐███    ▀███▄
       ████             ███▌     ████
    ▄▄█████       ▄██▄ ▐███     ▄███▀
 ▄███████████▄▄▄█████▀ █████▄▄▄████▀
█████▀▀▀▀██████████▀ ▐███████████▀
▀▀          ▀▀▀▀▀     ▀▀▀▀  ▀▀▀













██████████████████
████████████████████████
████████████████████████████
███████████████████████▀▀    ███
████████████████████▀▀   ▄▄██  ███
██████████████████▀▀   ▄▄██████  █████
██
████████████▀▀   ▄▄██████████  █████
███
████████▀▀   ▄▄██████████████  ██████
██
█████▀▀   ▄▄██████████████████  ██████
██
██▀   ▄▄██████████████████████  ██████
██
██
▄▄██████████████████████████  ██████
██
██
████████████████████████████  ██████
███
██
███████████████████████████  ██████
██
███
█████████████████████████  █████
████
██
█████████████████████████  █████
███
██
████████████████████████████
███
████
██████████████████████████
████
█████
███████████████████
██████
██████████████████
██████████████████












● Great Prizes
● Trophies
● The Original Plinko
● Great Community
● Chat Lotto
● Low House Edge
mich
Legendary
*
Offline Offline

Activity: 1568
Merit: 1016


One of the world's leading Bitcoin-powered casinos


View Profile
February 03, 2019, 06:58:21 AM
Merited by stingers (2)
 #12

Scary times were in for sure.  Interesting article relating to this topic:
https://www.forbes.com/sites/billybambrough/2019/01/30/blow-to-bitcoin-as-ceo-warns-crypto-winter-could-turn-nuclear/#3c9591df1078

Bitcoin and the wider cryptocurrency market has been suffering through a year-long bear market that was branded "crypto winter" late last year for its debilitating effect on the industry.

The bitcoin price has been falling steadily since it hit an all-time high of almost $20,000 in December 2017, dropping by some 80% over the last 13 months and dragging the wider market down with it.

Now, the chief executive of one blockchain company, Civic, is warning that that crypto winter could go "nuclear" if the bitcoin price falls much further.

bitcoin, bitcoin price, image
Many had hoped bitcoin's crypto winter could begin to thaw in 2019, but so far the bitcoin price has remained frigid.GETTY

"If we break below $3,000 for bitcoin, crypto winter will become crypto nuclear winter," Vinny Lingham, the CEO of digital identity software company Civic, said via Twitter.


"Bitcoin bear markets don’t end when the market indicates that there is a bottom. They typically end when the market indicates that there is no bottom," Lingham tweeted previously.

"The reality is that crypto needs real adoption and use cases," Lingham said in a recent interview. "Until we have that we’re not going to have another bubble. The speculative mania is over. People want real numbers and usage and transaction volumes."


davis196
Hero Member
*****
Online Online

Activity: 1400
Merit: 562



View Profile
February 03, 2019, 07:12:00 AM
 #13

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

This is old news.We are waiting for the longest bull market that will occur after 2020 for sure,so I couldn't care less about the bear market now. Grin
The bear market will continue in the next 2 years,because it's impossible for btc to reach it's ATH again soon.

.
.
.
▄███████████████████▄
█████████████████████
████████████▀▀░░░░███
███████████▌░░░░░░███
███████████░░░░██████
███████████░░░░██████
████████░░░░░░░░░░▐██
████████░░░░░░░░░░███

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

███████████░░░░██████

▀██████████░░░░█████▀
▄███████████████████▄
█████████████████████
█████████████████████
████▀██████▀░░░▀▀▄███
████░░▀▀███░░░░░░▄███
████▀░░░░░░░░░░░▐████
████▄░░░░░░░░░░░█████
█████▀░░░░░░░░░▄█████

████▀█▄░░░░░░░▄██████

█████▄░░░░░▄▄████████

█████████████████████

█████████████████████

▀███████████████████▀
▄███████████████████▄
█████▀▀▀▀▀▀▀▀▀▀▀█████
███░░░▄▄▄▄▄▄▄▄▄░░░███
██░░▄█████████▀▀▄░░██
██░░███▀▀░░░▀▀▄▄█░░██
██░░██▀░▄███▄░▀██░░██
██░░██░░█████░░██░░██
██░░██▄░▀███▀░▄██░░██

██░░███▄▄░░░▄▄███░░██

██░░▀███████████▀░░██

███░░░▀▀▀▀▀▀▀▀▀░░░███

█████▄▄▄▄▄▄▄▄▄▄▄█████

▀███████████████████▀
▄███████████████████▄
█████████████████████
█████████████████████
██████████████▀▀▀████
██████████▀▀░░░░▐████
██████▀▀░░░▄▀░░░█████
████░░░░▄▄▀░░░░▐█████
██████▄▐█░░░░░░██████

███████▌▌░░░░░▐██████

████████▄██▄▄░███████

█████████████████████

█████████████████████

▀███████████████████▀
.
DevilSlayer
Sr. Member
****
Offline Offline

Activity: 686
Merit: 251

CryptoTalk.Org - Get Paid for every Post!


View Profile
February 03, 2019, 07:14:38 AM
 #14

If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.

It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.
If we keep reading negative articles or opinions about the market, there is a chance that we can lose our focus and our perspective will change. I am just following the flow of the cryptocurrency market and I am sure that the market will become good in this year.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
mangsitin
Full Member
***
Offline Offline

Activity: 476
Merit: 100


TAGZ - Dual Gateway Exchange Platform


View Profile
February 03, 2019, 07:55:03 AM
 #15

For my own opinion, we still experience bear market because there is no changes in the price, even the price of bitcoin is still around $3400-$3500. I really want to see uptrend market not a down trend market but do you know what month in this year we see the uprising price of cryptocurrencies?
Yes, I also want the increase in Bitcoin prices as soon as possible, very concerned about the current Bitcoin market condition, but we don't know when the increase will occur, I hope this year prices will rise again, because I have been patient for a long time.

Juggy777
Hero Member
*****
Offline Offline

Activity: 1190
Merit: 526



View Profile
February 03, 2019, 09:03:31 AM
 #16

If that's the reality then we cannot do anything to change it.
What we can do now is accept it, honestly, I'm not interested in reading stuffs like that, it's so negative, I already
pledge to myself to focus on the positive news alone, I might be bias but it's my way to minimize the fear inside, I'm feeding myself with good info now.

It will not bring good vibes in the market anyway, price is stable now but it's still bad in its current standing.

Hey it’s real we’re indeed in a bear phase which has refused to end, but then again it should also be seen as a slow and steady accumulation phase. I like the fact that you’re ignoring short term fluctuations and negativity, and only focusing on the long term picture which will bring good returns. As far the prices are concerned currently there’re no positive news, which can lift it up we will have to be patient with the prices.

.BitDice.               ▄▄███▄▄
           ▄▄██▀▀ ▄ ▀▀██▄▄
      ▄▄█ ▀▀  ▄▄█████▄▄  ▀▀ █▄▄
  ▄▄██▀▀     ▀▀ █████ ▀▀     ▀▀██▄▄
██▀▀ ▄▄██▀      ▀███▀      ▀██▄▄ ▀▀██
██  ████▄▄       ███       ▄▄████  ██
██  █▀▀████▄▄  ▄█████▄  ▄▄████▀▀█  ██
██  ▀     ▀▀▀███████████▀▀▀     ▀  ██
             ███████████
██  ▄     ▄▄▄███████████▄▄▄     ▄  ██
██  █▄▄████▀▀  ▀█████▀  ▀▀████▄▄█  ██
██  ████▀▀       ███       ▀▀████  ██
██▄▄ ▀▀██▄      ▄███▄      ▄██▀▀ ▄▄██
  ▀▀██▄▄     ▄▄ █████ ▄▄     ▄▄██▀▀
      ▀▀█ ▄▄  ▀▀█████▀▀  ▄▄ █▀▀
           ▀▀██▄▄ ▀ ▄▄██▀▀
               ▀▀███▀▀
        ▄▄███████▄▄
     ▄███████████████▄
    ████▀▀       ▀▀████
   ████▀           ▀████
   ████             ████
   ████ ▄▄▄▄▄▄▄▄▄▄▄ ████
▄█████████████████████████▄
██████████▀▀▀▀▀▀▀██████████
████                   ████
████                   ████
████                   ████
████                   ████
████                   ████
████▄                 ▄████
████████▄▄▄     ▄▄▄████████
  ▀▀▀█████████████████▀▀▀
        ▀▀▀█████▀▀▀
▄▄████████████████████████████████▄▄
██████████████████████████████████████
█████                            █████
█████                            █████
█████                            █████
█████                            █████
█████                     ▄▄▄▄▄▄▄▄▄▄
█████                   ▄█▀▀▀▀▀▀▀▀▀▀█▄
█████                   ██          ██
█████                   ██          ██
█████                   ██          ██
██████████████████▀▀███ ██          ██
 ████████████████▄  ▄██ ██          ██
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ██          ██
             ██████████ ██          ██
           ▄███████████ ██████▀▀██████
          █████████████  ▀████▄▄████▀
[/]
rosepetals
Full Member
***
Offline Offline

Activity: 630
Merit: 100


View Profile
February 03, 2019, 09:57:05 AM
 #17

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market
You were right mate,these might be the longest bearish market people and cryptos have experienced but we will not lose hope because theres always a sunshine after every rain.Lets just take more advantage on this bear trend and hopefully in the near future we can maximize our profit and prove that cryptocurrency deserves that once it exist and people trust in it.
exstasie
Hero Member
*****
Offline Offline

Activity: 1428
Merit: 903


View Profile
February 03, 2019, 10:35:17 AM
 #18

We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ...

Hopefully, but most people said the exact same thing in September or October last year. Then the market crashed 50%.

It's only possible to know if it's an accumulation or distribution phase long afterwards, in hindsight. The market has seen nothing but lower highs since December of 2017. Until that changes, I'm not even going to call it an "accumulation phase" yet.

Dreamchaser21
Full Member
***
Offline Offline

Activity: 686
Merit: 108



View Profile
February 03, 2019, 11:43:53 AM
 #19

We are not in a bearish trend, we are in the accumulation phase, the bearish trend has already passed ... If the market is analyzed, they will realize, if they start to see triangles or figures, they do not make any sense.
A great time to accumulate more bitcoin, hopefully not to fall hard again since the price stable on that for months now. If you really analyze the market, you can see more good trends in long term and if you can be more patient you will invest more, profit can be higher as much.
michellee
Hero Member
*****
Offline Offline

Activity: 1204
Merit: 505


★Bitvest.io★ Play Plinko or Invest!


View Profile
February 03, 2019, 12:17:47 PM
 #20

Bitcoin now is on the phase of sideways which the price does not increase or decrease too much. And every time the bitcoin price is up higher, in the next hours or day, the price will be down again. The situations continue like that, and I am afraid we are in this mode for a few months again. After this phase, bitcoin price can increase higher because the chance to go back to the higher price is wide open.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!