BTC ride is over!

[shadow123]

I don't think mate.. No ends of the BTC ride. If we think like that it may be loose something from your money. Whales are handling this market with their patterns. Surely BTC comeback to 60k soon.

[acener]

Hilarious,  people are too sentiment with this fall as if they are just witnessing btc fall for the first time, once there is a crash in the market, some people will assume the end of btc has come only for them to come back later and start crying for not buying the dip, such funny characters. 

I don't know why but it isn't surprising if it came from a newbie but coming from an old timer or who spent a lot of time in crypto I think they should already get used to it.
And for OP if I am not mistaken it wasn't China who started or trigger the price drop I think it started with Tesla's announcement of selling some portion of their BTC investment and not accepting BTC anymore,
Or I might also be wrong about it.

[herurist]

I'm so amazed when you're not sure why you bought it, and even if you still have it why don't you sell it now. you are so sure with your statement that btc will end, at least you should have a real reason and evidence for it. if only to make the argument and for no apparent reason, I think you just made a nonsense for one small child can say it you too weak to grasp the BTC and you should sell now because I still need to add it to my assets

[Kuttingcorners]

Yep, I think the bitcoin ride is nearing an end now. China was the straw that broke the camel's back

Is "publicly bashing while privately accumilating bitcoin"....... lol

[GeorgeJohn]

I would like a definition of "The End"

Technically I suppose it would mean $0 but I would like the OP's definition.

China, I guess the OP is believing that absolutely no mining can take
place on any other country on the planet.

Its a pity that weak hands and non believers cannot realise this.

Starting from the question "End" from my perspective this really means discontinuity, stop, over and finish, so some people are biase in certain extent that they portray anything, absolutely if the aim of op is that they will be no longer going to be existence of cryptocurrency mining, i think it's fallacy, and if such is authentic i think it requires more prove.

[Lordhermes]

How many times china had left the crypto market for weaker hands as you said, how many times the market had crashed down, and these questions must be answered by you, it doesn't matter how long the time it will take to reach new ATH,  have you forgotten that it takes up to 4 years form 2017 for btc to reach new ATH.

The ride is not over, the ride will be over when BTC is crashed down, and that can't happen because of the decentralized nature of the system.

[serjent05]

Bitcoin surge is yet over, we may wait for days, weeks, months, or even years for the market to recover but I would say, in every Bitcoin dip, new ATH always follows.  The ride.,. it never stops nor over, it just goes down the hill or up the hill but the Bitcoin ride never had a break because the Bitcoin market won't cease to exist.

[isaac_clarke22]

~

Believe me. You got me on the first half of your statement.

@OP What's over? Bullish run? If so, does it matter? Why not use the opposite trend to buy more? It's a discount for all people to buy now.
No time to be in the weak hands now, because this is surely where most newbies fall into their trap only to find out that the rocket is about to take off.

[DoublerHunter]

Bitcoin surge is yet over, we may wait for days, weeks, months, or even years for the market to recover but I would say, in every Bitcoin dip, new ATH always follows.  The ride.,. it never stops nor over, it just goes down the hill or up the hill but the Bitcoin ride never had a break because the Bitcoin market won't cease to exist.

^ This previous month of BTC price movement will always make an opposite move. We saw that the chart was created as a V shape on the price, so it will always fluctuate the BTC price opposite when it will have a correction. Definitely right, BTC ride is not yet over and it is impossible that it will have ended. It is an endless ride since there is a lot of investors who believe in BTC price will always go up.
ZERO value? That will never happen. There are a lot of lost BTC that somewhere else wallet and no one will touch them, I don't think it will become zero if we have a law of supply and demand.

[GideonGono]

Yes it could be over for now but let's wait for it and don't quit it isn't the first time that this happen.
Let it have some rest because the next flight could be much higher and longer than we had.

[jossiel]

The same thing has been on the news IIRC on 2016 about China's ban for ICO and now they're on the miners. But what happened to bitcoin? doesn't even care with these FUD and just keep going.

If you think that the ride and bull run is over, that's okay. But it doesn't stop there and even if it goes another round of bearish market, there will be an eventually recovery and bullish time again.

[verita1]

Yep, I think the bitcoin ride is nearing an end now. China was the straw that broke the camel's back

Yup, it's already ended long time ago and we're just losing those who are weak hands in here. So leave the market or be a diamond hand hodlers. 

Note: Picture is collected from internet and don't know real owner

Yes, it's finished. It will go down to 0. It will die for the 1000th time.

Lol, only zero isn't enough because we'll go in negative like -30,000$ soon just like oil price did previous year. 

This girl is the author of that comic that accurately depicts the negative sentiment of some bitcoiners.

https://twitter.com/LinaSeiche/status/1398509825714057225?s=19

I am sorely missed by OP's negative sentiment. My opinion is that we should not give up bitcoin, if we know why it is the origin of things. Bitcoin is stronger than we think, let's not lose the opportunity because we have a good way to go.

[serjent05]

^ This previous month of BTC price movement will always make an opposite move. We saw that the chart was created as a V shape on the price, so it will always fluctuate the BTC price opposite when it will have a correction. Definitely right, BTC ride is not yet over and it is impossible that it will have ended. It is an endless ride since there is a lot of investors who believe in BTC price will always go up.
ZERO value? That will never happen. There are a lot of lost BTC that somewhere else wallet and no one will touch them, I don't think it will become zero if we have a law of supply and demand.

Indeed, Bitcoin is known as an "asset"  with very high volatility.  This kind of dip isn't new.  We have seen this scenario so many times that it looks normal for us.  I also agree that Bitcoin won't have a zero value as long as there are enthusiasts like us.  If Bitcoin goes down, buy and stock more for when it surges (Bitcoin price), those who bought at dip and have patience will reap the reward.

[Streets 2.0]

I don't think so. Yes, the market will lose some weight and throw off everyone who has weak hands and nerves that cannot withstand the pressure. For everyone else, this will open up the opportunity to buy all these coins at a low price and after a month rub their hands from the benefits. There were corrections before - then everything recovered and went up. We are still well above the 2017 levels, but for some reason everyone is in a panic.

[swogerino]

Chinese people believe China is the center of the world.I don't so I do not care what happens in China.There are a lot of other places where mining can be done and maybe even better than in China so stop complaining of Bitcoin going down.

For me what I see as a problem is the rising difficulty of many coins including Ethereum which I mine and directly convert to Bitcoin every end of the month,the difficulty is still huge while the prices are going down and this shows that there are people who are not quitting and this means we have more believers than disbelievers here.This can also mean a sure 100k for Bitcoin by the end of this year.

[Dread Pirate Roberts]

Don't be a people who are exist when bitcoin price going up and start make fear to other people when price like this dude. this always happend on bitcoin and there is still many strong holder who had believe bitcoin are greater than this.

[Maslate]

Well, I'm just trying not to convince myself that we will be leaving the bullish season but we can't stop it. The major pump had come to an end, and we are now in a downtrend, as sooner or later, we fall down below $30k and I think it is not a big deal for us coz it was still high compared to the previous bear season.

Don't be a people who are exist when bitcoin price going up and start make fear to other people when price like this dude. this always happend on bitcoin and there is still many strong holder who had believe bitcoin are greater than this.

It was good to hear that MANY had overcome their fear and uncertainties. We can never found this before as the majority of the holder will lose their hands and sold in a panic, they are changing now and the become clever as wanted to hold than to sell.