bloodbath!

[Japinat]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

[Lund94]

Only thing I can say: "you haven't lost your investment untill you sell" we saw it last bullrun.. eventually it'll rise again 

If the bloodbath continues all i see is an opportunity to get some more cryptos

[Engineer7]

I was looking to step in last weeks. Fortunately, I did not step in.

What I am afraid is that the governments especially USA will put his own digital currency on the market and prohibits other currencies.

[shinratensei_]

Bought some cheap coins an hour ago. Altcoin will be dumped even deeper than bitcoin. Bitcoin is everything. I feel nothing about this dump other than my opportunity to buy the cheap coin.
I have been experiencing with dump that happened with crypto so many times. China is a country that was regularly announcing the ban on crypto.
This is a common thing for me.

[_IRMAN]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

BTC has very strong support at $ 30K and currently the price has started to go back up to $ 35K followed by many altcoins. When you guys panic, I get the advantage 

[wheelz1200]

I was looking to step in last weeks. Fortunately, I did not step in.

What I am afraid is that the governments especially USA will put his own digital currency on the market and prohibits other currencies.

The banning of crypto holistically is not happening.  It's too engrained.  The drop has nothing to do with any of that nonsense of it being banned.  This is just a normal day in crypto.  Get on or get off it will move forward with or without people.

[bitjoin]

The dumping that occurred in the market made some Bitcoin and Altcoin holders panic. Some of them are forced to sell their assets at low prices for fear that the correction will continue. Conditions like this are inevitable in the cryptocurrency market, moreover Bitcoin has peaked a few weeks ago. Now is the time to prepare capital to get Bitcoin at a low price, and I've been waiting for a moment like this.

[Fivestar4everMVP]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Anyone who have been in crypto for long knows that the market does not go up for ever, and in my own personal opinion, bitcoin and the rest of major altcoins have really done well this year, I mean I never expected bitcoin to be worth this amount early this year by the way, so personally, i am not worried, whether this is a major correction or that we've finally entered bear market again is yet to be known or rather, too early to say or decide, but on the long run, we all are certain that bitcoin will one day worth over 100,000 usd, if it does not happen this year, it will probably happen next year, or even in 2023.
One piece of advice for those who might have bought bitcoin, Ethereum or any other altcoins in their highs is that you all exercise patience, this is not the end, as long as you hodl, you will never loose, you loose your money as soon as you decide to sell in loss, but if you are patient, the price will come back around even higher than you bought it.

[Blitzboy]

Hard to know what happens next. Too many fuds happen in the same time and more bitcoins are deposited on exchanges. That means those whales will soon sell their bitcoin to secure the profit

There are still big hands declaring that they will continue to hold bitcoin but it is hard to believe in them.

[Sirait]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

^ look at how the market is getting normal, The majority of cryptocurrencies are starting to show good growth compared to 12 hours ago. regarding $ 100k, we will definitely see Bitcoin at that price before 2022.

[speedforce]

Only thing I can say: "you haven't lost your investment untill you sell" we saw it last bullrun.. eventually it'll rise again 

If the bloodbath continues all i see is an opportunity to get some more cryptos

Sadly im put my crypto in the future, now im lost about 80% of it.
Should be not greedy and hold it peacefully. Im out of crypto market at this moment. Just hold the last of my bag

[Silberman]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

The dump we are seeing is one for the ages, while there have been bigger dumps in terms of percentage when we see this in absolute terms and we see how much the price has gone down since its all time high then this is the biggest dump that we have ever seen, bitcoin will recover but altcoins are going to suffer because this crash happened when altcoins were in control of the market and those coins are just dragging bitcoin with them, but this dynamic will eventually change and bitcoin will begin to recover.

[DU18]

The decline in bitcoin prices in recent days has really scared us all, just imagine in the last 24 hours bitcoin has experienced a price drop of almost 10.25% and most likely this is due to the prank that Elon Musk did by canceling Tesla purchases using bitcoin and  I suspect that if maybe Tesla has sold their bitcoins so that the price of bitcoin falls, I think the decline in bitcoin is likely to continue especially recently China has warned its citizens not to transact and invest in crypto.

https://www.reuters.com/world/china/what-beijings-new-crackdown-means-crypto-china-2021-05-19/

[bhadz]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

It can go down to $20k soon. But that's just par with the 2017 all time high, the worry is with those investors that have bought higher than $20k. But to us who have been with the market and been holding, that's just another time for us to hold and nothing to worry about it.

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Yes and that would allow me to buy more bitcoin and those altcoins that I've missed during their bull runs.

[Scripture]

$30k will be the bottom price, it has already decided and whales are buying more again that’s why we saw a good bounce back from that level. Surely this is a worst dump for this year and many are panicking, seeing your portfolio 70% down is not a joke though, but if you’re holding good projects there’s still a chance for that to rise again, let’s not wish for Bitcoin to go down further many project will die surely.

[crzy]

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

We always follow Bitcoin no matter what people says that Bitcoin didn't dominate the market anymore, right now is the proof that if Bitcoin dumps, many altcoins will go down as well and shitcoins will die eventually. There's a big reason behind this current drop and maybe we are really bound into this bear market, I have to get some money on my savings right now so I can buy cryptos again, I'd love red market.

[Flowzer]

$30k will be the bottom price, it has already decided and whales are buying more again that’s why we saw a good bounce back from that level. Surely this is a worst dump for this year and many are panicking, seeing your portfolio 70% down is not a joke though, but if you’re holding good projects there’s still a chance for that to rise again, let’s not wish for Bitcoin to go down further many project will die surely.

Many traders predict we will suffer 26k in the next day. I believe theres a chance we will go that down, im a bit shaky of the market crash at this time.
Somehow i think we will accumulate Bitcoin in the lower price again...

[Reid]

First, I will feel bad for those who bought at $50k.
But they should never lose hope. It's normal if it's bitcoin we are talking about. It fluctuates too hard that it's almost unbelievable especially if you are used to Forex trading.
Think of it as a good start to buy more and hoard Bitcoins that could affect higher demands in the future.
That's what always goes through my mind whenever dumps happen. You don't sulk in one corner but you use it as an opportunity.

[btc78]

The biggest dump this year is happening right now, witnessed it and still believe that bitcoin will bounce back.
While we are hoping for bitcoin to reach $100k, how do you feel that bitcoin is going down to $20k anytime soon?

Its almost done last night mate, because the value of Bitcoin drops to 30,000 and almost few hundred dollars to touch that 20,000 level(Hope that it wont happen now because i am really in badly need of cash.

And when bitcoin dump that low, expect that altcoins will also dump even double the price dump of bitcoin.

Actually it does , we can see it all now, bitcoin dropping to 30k and Ripple fell almost 1$ now, Ethereum to 2500 again and Binance losing more than 42% in 7 days.

[janggernaut]

What's actually this thread about? If you are gonna post about bitcoin crash, move this thread to bitcoin disscussion.

Why are you panicking when bitcoin and altcoins crash more than 50% now? It's just normal thing on crypto world, if you even been since 2017-2018, this is just nothing. When market crash, that's when you buy all people's fear