Bitcoin tries to do the impossible

[BlueStackz]

This is exactly what I'm saying all the time. People are expecting too much from ETF approval thinking it will do some kind of miracle for Bitcoin price. But I can't agree with that, ETF approval will influence the price, if ever, only on short term temporary basis. This might cause some instant effect more or less similar like we saw the other day. So, nothing essential will change with ETF approval, this is my opinion.

I think that either the EFT decision is in favour of bitcoin or not, after solving ETF issue bitcoin price will again start increasing. I think that even if there is any bad news come from EFT meeting it will affect the market temporally and after some time the market will start recovering. We always expect that bitcoin will again do something impossible.

[1714578110]

1714578110

[1714578110]

1714578110

[South Park]

then what do you think is the reason on why cryptos have pumped last 2 years ago ?  its not about the regulation , its not about the scamming or anything but its about the demand  . there's no accurate time , theres no schedule for people to buy cryptos  . they will just invest whenever they like  .

How I missed the good times when almost every shitcoin pumped and people profited off them.

Now I doubt BTC will even reach 10K when news can simply send everyone into panic mode.

The opportunities to get profits are still there but as you say it is not as easy as before, but be glad, if you can find the way to still be profitable now then once the bull market returns you will have a very easy time getting profits whenever that happens, while most of your competitors that know how to make money only under those conditions will either leave the market and never return or lose so much capital that they will no longer be competitors for you.

[Bit_Discourse]

As I warned, the market collapsed) now just will not grow (on empty promises)

[fibrolit]

I look at the change of course for a few days. It's working out just like I predicted.Until April 2019, the bitcoin exchange rate will hold about 3200-4200 dollars. Who does not believe me,please search my previous posts.

[mich]

Rumors are nothing more then just that- rumors.
The amount of 4000$ threads that were started because people thought we were entering a bull market is astounding.

[gantez]

I don't know what will happen at this market but I can exactly say that it is changing...
This market what we have now cannot be compared with a previous market conditions

The market are still the same but with different prices for coins. Nothing has changed in the market except the traded volumes which have affected prices. And so investors ate holding lots of their money. Apart from this, cryptocurrency still remains what it is but the adoption is not coming up fast.

[leea-1334]

As I warned, the market collapsed) now just will not grow (on empty promises)

This was the warning of quite a lot of people actually, so I think it was largely expected,,, the market as you say cannot just grow on empty promises or McAfee Tweets anymore. We have to wise up to these expectations and think about fundamentals. Which are growing strong as ever, but cannot deliver bull runs and green days.

Hight hashpower, higher transactions, lower fees, everything points to mass adoption,,, this is the important fundamental that we can rely on. Not million dollar Tweets from ex cons.

[greeklogos]

All increases or decreases are temporary, the point is only how long they will be I am pretty sceptical that we will be able to see such long increase of the price as we used to in 2017. Such things happen once in history.

[poptok1]

Rumors are nothing more then just that- rumors.
The amount of 4000$ threads that were started because people thought we were entering a bull market is astounding.

I guess it's a matter of imagination. There is the barrier, the competitor and the crowd cheering.
Competitor readies himself for the jump, audience is making appreciative noise, obstacle falls and everybody is happy.
We saw just that but with a twist and with reverse gear action... imagination was stimulated, for literally few minutes though.
Now the audience is back to its seats and observing patiently, awaiting another world record attack. In the meantime they chat.
What else they can do? IMO nothing bad and out of the ordinary, there will be more.  

[Upgrade00]

All increases or decreases are temporary, the point is only how long they will be I am pretty sceptical that we will be able to see such long increase of the price as we used to in 2017. Such things happen once in history.

Not quite true, if you check the entire chart, bitcoin's price has been on the rise. Even if the market falls after a spurt, it settles at a much higher price that it previously was. So technically, the market is always on the ascendancy. In a few years the average support level would likely be much higher than it is now.

[TravelMug]

All increases or decreases are temporary, the point is only how long they will be I am pretty sceptical that we will be able to see such long increase of the price as we used to in 2017. Such things happen once in history.

Not quite true, if you check the entire chart, bitcoin's price has been on the rise. Even if the market falls after a spurt, it settles at a much higher price that it previously was. So technically, the market is always on the ascendancy. In a few years the average support level would likely be much higher than it is now.

Well this happen when bitcoin was in a run in 2017. That's why we said that bitcoin is so resilient that it was able to bounce back even higher than the previous highs.

But right now, we're not ascending but technically only moving sideways then dramatic fall. $6000-$6500 price for what like 2-4 months then in November we went on $3k-$4k and now the same pattern emerge, sideways.

[gabbie2010]

Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

Whether its temporary or not it is as a result of  rumoured ETF approval there is a remarkable pumping of the price having hit $4K  for a while before retracing or pullback to 3$K8 which is also a good point to take profit which stood at low of $3K3 before the rumour approval.

[greeklogos]

I have a feeling that everyone is just waiting a constant growth from bitcoin. People, temporary changing of the price is normal, do not be so greedy and naive, please!

[Bonsaiav]

Today, the cryptocurrency has grown very well due to rumors of ETF approval, but what has changed during this time? - right! anything increase is most likely temporary. Your opinion?

Everything often becomes temporary, because the majority of bitcoin users are still easily shaken by the news, they're not firm on their respective standpoints, and once again I say, bitcoin will definitely increase rapidly, if most governments throw away their shortsighted egos for his hatred of bitcoin and uses it as the second exchange medium after the fiat currency.

[xuan87]

Yeah everything is seem temporary at the moment, the support of Bitcoin is a bit weak at the moment,so whenever there's a rising it could slip back again easily, without any major news Bitcoin price won't be going up significantly, and even with big news the price also got the hard time to rise, it's truly a hard time for Bitcoin

[dark08]

Yeah everything is seem temporary at the moment, the support of Bitcoin is a bit weak at the moment,so whenever there's a rising it could slip back again easily, without any major news Bitcoin price won't be going up significantly, and even with big news the price also got the hard time to rise, it's truly a hard time for Bitcoin

If you notice the price of bitcoin last week are rising slowly but in just a minutes the price falling down again this indicate that the market is manipulating by a bigwhale, bitcoin itself is doing a wrong move to make the price down let's give more time to make bitcoin bull run again like what you said all this increased/decreased are temporary.

[glowing10]

As I warned, the market collapsed) now just will not grow (on empty promises)

Why do you consider that this drop is permanent and will not rise what so ever in coming time ? Their is a huge wave that will come in the market to buy at this rate leading to increase in demand and prices . So rest assured that market will improve .

[jakezyrus]

As I warned, the market collapsed) now just will not grow (on empty promises)

Why do you consider that this drop is permanent and will not rise what so ever in coming time ? Their is a huge wave that will come in the market to buy at this rate leading to increase in demand and prices . So rest assured that market will improve .

Of course the market can improved .  the dump in the price are only part of the game but the dump can be an advantage to some  .  newly investors that are interested on cryptos are only waiting for this moment before they finally enter and joined the ride  .

Bitcoin does the impossible things because no matter how hard the dump , bitcoin still hold tight in order for its value to not drop below zero  .

[Russlenat]

Yeah everything is seem temporary at the moment, the support of Bitcoin is a bit weak at the moment,so whenever there's a rising it could slip back again easily, without any major news Bitcoin price won't be going up significantly, and even with big news the price also got the hard time to rise, it's truly a hard time for Bitcoin

If you notice the price of bitcoin last week are rising slowly but in just a minutes the price falling down again this indicate that the market is manipulating by a bigwhale, bitcoin itself is doing a wrong move to make the price down let's give more time to make bitcoin bull run again like what you said all this increased/decreased are temporary.

We can't judge that way if we don't have any basis for such doings. Everything will found to be normal and nothing put a blame for its fluctuations.
We have an unpredictable market and every moves varies from the market demand, and so we gonna expect ups and lows everytime. We've been moving quite a little, it some good things happen with and to give us hope for the good things happen in the coming days.

[yvesp110]

All increases or decreases are temporary, the point is only how long they will be I am pretty sceptical that we will be able to see such long increase of the price as we used to in 2017. Such things happen once in history.

I likes your determination but you got good point in your discussion mate, because no time is permanent in crypto currency as if price now a day is low so there is no issue about it will be high again, take a look to the history and you will know it has been happening since beginning of market, so no need to be worry because it is normal you only try to take advantage of situation.