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Author Topic: Bitcoin will never recover?  (Read 191 times)
Asuspawer09
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April 04, 2019, 11:14:03 AM
 #1

When will bitcoin going to completely recover?

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April 04, 2019, 11:19:42 AM
Merited by Bitcoinislife09 (2)
 #2

When will bitcoin going to completely recover?

Recover on what exactly? You should be aware that Dec 2017 pricing was all hyped up and inflated with organic growth being out of the question. Needless to say, whatever prices you saw during that insane bull run was all artificial and was expected to be short-lived, so I wouldn't consider going back to those same levels as 'recovery.' Perhaps if we're talking about $6500-$7000 pricing, which was long considered to be the fair price for one bitcoin, I guess going back to those levels can be considered as recovery, and anything more than that is purely profit and inflated price.

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April 04, 2019, 11:21:19 AM
 #3

When will bitcoin going to completely recover?
I think bitcoin is still in the recovery when it collapses last year it becomes a big story and a lot of investors are afraid of losing their money invested in bitcoin as the issue continue investor loss faith and sell their bitcoin making the bitcoin price in the market continue to  go down but in that time more investors have a chance to also invest their money or buy bitcoin because it has low price in the market meaning bitcoin could have its recovery in the coming years in my opinion but it could also take up to 10 years having a low price bitcoin is somehow helpful in sustaining bitcoin a lot of investors will surely be interested technology.

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April 04, 2019, 11:21:40 AM
 #4

Recover from what? Last time I needed, I could send and receive coins and the fee was lower them any service like PayPal. Bitcoin works as intend. People still wanna exchange Fiat for Bitcoins.

If you are talking about price, this discussion belongs to speculation. But I could assure you that you have saw the bottom and you can buy at any price below 6k.
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April 04, 2019, 11:23:33 AM
Last edit: October 30, 2019, 01:02:15 AM by Asuspawer09
 #5

Recover from what? Last time I needed, I could send and receive coins and the fee was lower them any service like PayPal. Bitcoin works as intend. People still wanna exchange Fiat for Bitcoins.

If you are talking about price, this discussion belongs to speculation. But I could assure you that you have saw the bottom and you can buy at any price below 6k.
guessing bitcoin become more popular in your country but after the collapse last year in our country its a big breakdown and for a long time I never heard about bitcoin here. I think after 5 to 10 years bitcoin could sustain a fair amount of price in the market considering the hype in the past year's bitcoin become really popular and also a lot of investors have gone wild investing in bitcoin and with that, I could say that it will slowly increase its price back to a normal and fair price point in the market.

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April 04, 2019, 11:24:46 AM
 #6

When will bitcoin going to completely recover?

Recover on what exactly? You should be aware that Dec 2017 pricing was all hyped up and inflated with organic growth being out of the question. Needless to say, whatever prices you saw during that insane bull run was all artificial and was expected to be short-lived, so I wouldn't consider going back to those same levels as 'recovery.' Perhaps if we're talking about $6500-$7000 pricing, which was long considered to be the fair price for one bitcoin, I guess going back to those levels can be considered as recovery, and anything more than that is purely profit and inflated price.
I partially agree. $6500-$7k seems like a fair price for Bitcoin at present, but that can change based on different reasons. If a big country legalizes cryptocurrencies, the fair price would go up all the way upto $10k probably. If the ETF proposal gets approved, the fair price could be $13k.

This is why I don't think that anything more than the price range that you suggested is pure profit only.
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April 04, 2019, 11:34:43 AM
 #7

When will bitcoin going to completely recover?

Recover on what exactly? You should be aware that Dec 2017 pricing was all hyped up and inflated with organic growth being out of the question. Needless to say, whatever prices you saw during that insane bull run was all artificial and was expected to be short-lived, so I wouldn't consider going back to those same levels as 'recovery.' Perhaps if we're talking about $6500-$7000 pricing, which was long considered to be the fair price for one bitcoin, I guess going back to those levels can be considered as recovery, and anything more than that is purely profit and inflated price.
I partially agree. $6500-$7k seems like a fair price for Bitcoin at present, but that can change based on different reasons. If a big country legalizes cryptocurrencies, the fair price would go up all the way upto $10k probably. If the ETF proposal gets approved, the fair price could be $13k.

This is why I don't think that anything more than the price range that you suggested is pure profit only.
yeah in my opinion i guess its already a fair price considering the breakdown of it personally my bitcoin investment already grow a profit and i think this is a good time of recovery and also this is a good time for the investor to invest because it could be the standard when it comes to price in bitcoin i think this is a reasonable price meaning when the era comes it could be even more higher in the coming years.
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April 04, 2019, 12:36:37 PM
 #8

That's what we like when Bitcoin is really going up. Lots of questions arises, LOL. Perhaps OP is really looking at the last all-time-high and thinking that this should be the price that we need to overcome. We need a steady climb not some artificial pumped we have seen in 2017. Just let Bitcoin grow in it's natural course and stop thinking of a sudden jump. Let the price goes to $6000-$10000 this year and see how it goes.  Grin. If anyone hasn't heard of ETF has been stalled again. I suggest everyone read that you will have a good grasp as to whether SEC will really approved it or not.

1. CBoE - (https://www.sec.gov/rules/sro/cboebzx/2019/34-85475.pdf)
2. NYSE - (https://www.sec.gov/rules/sro/nysearca/2019/34-85461.pdf)

 
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April 04, 2019, 12:46:49 PM
 #9

It wont completely recover in this stage immediately.    We have begun the process, whats happened here is we find old prices as resistance and it must be processed by the market actively.   This rarely happens in a day, it can be weeks or months even but its not negative just to go through this process. 

Here is price in recent hours with us hitting autumn 2018 pricing

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April 04, 2019, 12:48:09 PM
 #10

I don't really think the market value of Bitcoin will recover to $20k any time soon. My reason is basically based on the current trend in the bitcoin trading market and the entire crypto market as a whole. I think the market price of Bitcoin throughout 2019 will be in a price range of $4k to $6k. I don't see it exceeding the price $6k...


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April 04, 2019, 01:00:36 PM
 #11

When will bitcoin going to completely recover?
You mean reach and surpass $20k? You are too negative to even think of btc not going to recover. Time will come btc will recover and will set a new ATH. No one exactly knows when but it has been proven that btc will always recover no matter what happen. You know, it's not easy to set a new ATH year by year that's why it really takes time.

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April 04, 2019, 01:35:03 PM
 #12

Recover?

It's already recovered. Many times.

It recovered after it crashed from a dollar to a dime. It recovered after it crashed from $30 to $2. It recovered after it crashed from $256 to $50. It recovered after it crashed from $1100 to $175. It is recovering nicely after it crashed from $19666 to $3200.

Recovery is an ongoing process.
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April 04, 2019, 02:02:57 PM
 #13

Recovering takes time and process before it reach that because market can recover only if the market united as one.
Market will recover for sure this year but even that not happe atleast 50% is possible to reach or become $10,000 from the value of the bitcoin become very high.  The recover of the market is all we want.

 
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April 04, 2019, 02:11:10 PM
 #14

Every time bitcoin can back to $20k, and then that is the time to recover fully because the price can reach the highest price before Grin

But I am confused about recover because bitcoin now is trying to recover the price, and it will rise higher than the price before. Maybe you can explain more details about your question so we can give another opinion. I guess the recover thing you want is when is the time for bitcoin can reach $20k again. Then that will be too difficult to answer because no one will know and we don't have a crystal ball to ask.

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April 04, 2019, 04:17:35 PM
 #15

Recovering takes time and process before it reach that because market can recover only if the market united as one.
Market will recover for sure this year but even that not happe atleast 50% is possible to reach or become $10,000 from the value of the bitcoin become very high.  The recover of the market is all we want.
This year everyone believe the 50 percent of growth in crypto market. But it is possible on end of the year so we should buy more Bitcoin in current market surely it will make profit. Majority of the time market growing was happening in second quadrant and fourth quadrant so one more spike will occur on this year.

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April 04, 2019, 04:30:39 PM
 #16

You reffer when bitcoin will hit again over 20,000$? Then we need some long time in my opinion to hit again that price or a new ATH, if more and more people will come and buy it then the price will recover.

 
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Naida_BR
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April 04, 2019, 08:06:03 PM
 #17

When will bitcoin going to completely recover?

It hasn't happened anything to bitcoin that it needs to recover.
The market is healthy, and the ecosystem continues to grow steadily. All signs are positive for this decentralized ecosystem that bitcoin promotes. If something seems wrong to you maybe you should be more specific.

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April 04, 2019, 08:47:58 PM
 #18

When will bitcoin going to completely recover?

That's not the usual reaction to Bitcoin rising ~30% in 2 days. Cheesy

The good news is the chart is looking more and more like the early stages of an accumulation phase, like 2015. The bad news is we probably won't know for sure until late 2019 or early 2020. We need to build out the later stages of accumulation and then spring into a bull market.

In 2018, we built out what could have been an accumulation phase (at the $6K level) for 8 months. Then we crashed. That's why waiting for confirmation is so important.

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April 04, 2019, 08:53:19 PM
 #19

When will bitcoin going to completely recover?

Recover? From what? From disease? From ailments? From sh*t talks?

What's your view on bitcoin now?

Don't tell me it's "price"? From ATH to what it is now? Recovery might not be the right term here.

Anyways a quick answer, you just need to be used on volatility and don't buy easily those speculations you will encounter. I will give more details as you respond here in this thread.

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April 04, 2019, 10:36:11 PM
 #20

When will bitcoin going to completely recover?

Recover? From what? From disease? From ailments? From sh*t talks?

What's your view on bitcoin now?

Don't tell me it's "price"? From ATH to what it is now? Recovery might not be the right term here.

Anyways a quick answer, you just need to be used on volatility and don't buy easily those speculations you will encounter. I will give more details as you respond here in this thread.
Grin Grin Grin
I agree with you .....
there is no recovery of bitcoin ... because we know that bitcoin is final and has been mined in various countries.
if what is meant is a price refund ... which returns the price ...? the price when the bear market occurs in 2017, I think the phrase is wrong ... because the price in my opinion does not have a certain point it can be said to be back / recover

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