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Andam76
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May 05, 2022, 02:00:17 PM
 #61

Bitcoin investors are in the midst of ongoing macro economic uncertainty and a possible US rate hike this week Currently, there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
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May 05, 2022, 04:27:52 PM
 #62

there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
This shit show is still continue. I would not be surprised that to see bitcoin will be dumped even deeper than this rate. This time another big dump is also coming again to the crypto market. It's ruined everything right now. I do agree with your opinion if there was no major bullish signal from the chart.
Bitcoin pumped a little bit but dumped again even deeper caused by the bad news that has come. Im sure that we are still bearish until next year but probably so many sideway

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May 05, 2022, 10:18:38 PM
 #63

Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.

Bitcoin's value is now so low, what's the reason? give your feedback?
There's no need for reasons every time bitcoin creates a significant rise or price drops. That is how volatility works so we should always expect its highs and lows. And same with the other market, its value is also highly dependent on  its supply and demand. But even if we are seeing current low value of bitcoin, it will not stop there for sure, it will recover again and move forward. That's the myth of bitcoin, it will always recover no matter how deep its value at the moment.

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May 05, 2022, 10:30:49 PM
 #64

there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
This shit show is still continue. I would not be surprised that to see bitcoin will be dumped even deeper than this rate. This time another big dump is also coming again to the crypto market. It's ruined everything right now. I do agree with your opinion if there was no major bullish signal from the chart.
Bitcoin pumped a little bit but dumped again even deeper caused by the bad news that has come. Im sure that we are still bearish until next year but probably so many sideway

It's disappointing Bitcoin's performance is currently falling in price, but we don't need to panic, because something like this has happened before.
How else since the beginning of this year has Bitcoin experienced a bearish trend, and if we look at the performance of Bitcoin entering
the beginning of 2022, its price continues to decline. Most likely throughout this year Bitcoin will experience a bearish trend. So what we are doing
now when the market dump is just collecting as much Bitcoin as possible right now. Or if we don't have any more capital to buy Bitcoin, be patient
with holding the Bitcoins we have until the bullish trend comes back. Most importantly we don't do anything stupid by selling our Bitcoins at low prices.
Because no matter how low the price of Bitcoin falls, it can always recover and rise again in price.

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May 06, 2022, 04:02:08 AM
 #65

Bitcoin investors are in the midst of ongoing macro economic uncertainty and a possible US rate hike this week Currently, there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
Bitcoin price has now returned to $36K where traders are very tormented by this kind of condition because the target of traders is to see Bitcoin above $40K, while in a matter of days, Bitcoin actually falls to a lower price than expected
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May 06, 2022, 10:11:30 PM
 #66

Bitcoin's value is now so low, what's the reason? give your feedback?

I think the reason is that bitcoin is in a kind of uncertainty right now because of global events in the world of politics and economics. I have heard different opinions, some say that for bitcoin the current events will have a positive effect and investors will start to invest in bitcoin. Others, on the contrary, say that the current events have a negative effect on bitcoin due to investors shifting their assets to gold and other safe havens. Also, the Fed meeting with its policy tightening is negatively affecting the bitcoin price. But if you are a long-term holder you can not worry about bitcoin price, it will rise in time when bears will retreat.

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May 07, 2022, 11:11:19 AM
 #67

Unfortunately it hasn't been doing great these days, keeps dropping more and more. However, that unfortunate situation could be turned into favor in the long run which is basically just focusing on making a profit in the long run if you buy right now. Just buy it as much as you can, and you will end up profiting when the price goes back up.

I know it is easier said than done, but I will do it some more today and I will hope that it does better in the future. Doesn't mean that we won't be having any more drops, we could have some more drops in the future but that just means that we need to wait even longer after that because even though it may drop, it will go up eventually.

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May 07, 2022, 01:36:50 PM
 #68

It's true I'm also sure Bitcoin will not go down that far but we have to keep abreast of its price movements,
at this time the price of Bitcoin continues to decline and the trend is still up and down,
maybe we need to wait for the bull market to see the Bitcoin price rise again
There is always a period of decline in the market and it is a very natural thing to happen so there is no need to worry or panic because the bull market is always there after the decline period is over and that has happened in the past where after the bull there is always a bear, and vice versa.
I agree that there is rarely ever anything in the market that should be worrying us unless it is an unexpected very big drop. I must confess that there is a chance that we could end up with a drop that could scare even me, and I rarely ever get scared about it, but it does happen time to time. This means that we shouldn't really be focusing on the drop but the size of it.

Anything that is beyond 30% is fine for me, under it is literally just ignorable, over 30% would mean maybe I should buy some more and spend some money and force myself to make some profit. However, if it goes down to a level that is like 80% then I would be doing a bit worse.

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May 07, 2022, 08:43:20 PM
 #69

Yesterday Bitcoin was down below 38k and all altcoin was down much but today Bitcoin again spikes to 39k. This upside movement may be just fake pump because today is Inflation meeting also and we may say see very volatile movement in BTC. Everytime when this kind of meetings held we have seen very volatile movement and very risky for future and short term traders.
At the end of the day, we will never know if there is a real drop or a fake drop, all we know right now is that it is there and we have to accept the downs and ups all together. Let's see what the fed will say and depending on that we will be seeing the real market.

I get that the drop is expected, because fed could increase the interest rate and when that happens there will be ton of people who will withdraw their money and put it in the interest, and even the ones who won't and live in another nation will end up making a decision based on that. But, we just need to wait and see what happens, we will not know until the decision is given and we see the market react.
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May 09, 2022, 08:45:03 PM
 #70

Yesterday Bitcoin was down below 38k and all altcoin was down much but today Bitcoin again spikes to 39k. This upside movement may be just fake pump because today is Inflation meeting also and we may say see very volatile movement in BTC. Everytime when this kind of meetings held we have seen very volatile movement and very risky for future and short term traders.
At the end of the day, we will never know if there is a real drop or a fake drop, all we know right now is that it is there and we have to accept the downs and ups all together. Let's see what the fed will say and depending on that we will be seeing the real market.

I get that the drop is expected, because fed could increase the interest rate and when that happens there will be ton of people who will withdraw their money and put it in the interest, and even the ones who won't and live in another nation will end up making a decision based on that. But, we just need to wait and see what happens, we will not know until the decision is given and we see the market react.
Today I really feel bad that I did not buy a dogecoin as it is rising due to the twitter owner Elon Mask.
We can never predict market and what is coming tomorrow - everyday new incidents either rise or drop the rate. Very risky thing we are into.

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May 10, 2022, 09:19:30 AM
 #71

The decline of bitcoin is currently happening and this is due to many factors especially about the interest rate hike that the US central bank and this caused a great panic by many investors, this news is certainly very detrimental to all of us who are investing in some crypto coins and this increase in interest rates is the highest occurring this year, We expect this decline will not be long and the value of bitcoin and altcoins can increase again.

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Chato1977
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May 10, 2022, 10:02:49 AM
Last edit: May 12, 2022, 03:20:04 AM by Chato1977
 #72

still struggling and now dumping really bad.
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May 10, 2022, 11:47:20 AM
 #73

Bitcoin investors are in the midst of ongoing macro economic uncertainty and a possible US rate hike this week Currently, there are no major bullish catalysts on the horizon and Bitcoin is likely to move within its current range or drop lower
that things were triggering some big companies like terra luna, micro and tesla may dump their bitcoin to the market. Terra luna was dumping a lot of bitcoin to the market recently and this company was even selling their bitcoin in a big loss.
Bitcoin price is still uncertain and the direction still remain the same to be unpredictable. Im thinking about another drop will occur very soon when market is not even recovering again.
Buy altcoins look very risky at this moment but to be the best bet during the recovery phase.

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May 11, 2022, 01:37:20 AM
 #74

The decline of bitcoin is currently happening and this is due to many factors especially about the interest rate hike that the US central bank and this caused a great panic by many investors, this news is certainly very detrimental to all of us who are investing in some crypto coins and this increase in interest rates is the highest occurring this year, We expect this decline will not be long and the value of bitcoin and altcoins can increase again.
Is that the only problem with nothing else in Bitcoin now ? because I think Bitcoin class cryptocurrencies must have been widely known by all parties so that there are parties who don't like it and are trying to drop Bitcoin to the deepest price at this time.

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May 11, 2022, 03:25:48 AM
 #75

The cause of the drop in the price of Bitcoin and other cryptocurrencies is due to the sluggish stock indices around the world in recent days, including the major stock indexes of Europe, Asia and the US.  According to the BBC, investors are letting go of cryptocurrencies and turning to safer assets like dollars.
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May 11, 2022, 05:46:26 AM
 #76

The cause of the drop in the price of Bitcoin and other cryptocurrencies is due to the sluggish stock indices around the world in recent days, including the major stock indexes of Europe, Asia and the US.  According to the BBC, investors are letting go of cryptocurrencies and turning to safer assets like dollars.
Even though the Dollar itself is also in cryptocurrency with the same value as fiat dollars in general and is also always safer to be stored by anyone at this time.
I don't think it's an obvious reason it's just about letting go of something just to save the bucks although it's also possible that it could be true at this point

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May 11, 2022, 06:24:13 AM
 #77

For beginners I think it's natural for them to call the current drop at $30k the lowest price for bitcoin because maybe they didn't see on the charts the previous bitcoin lows in 2017 and 2018, talking about the causes of the bitcoin price drop so for now there are a lot of factors that affect the price of bitcoin, for example when there is negative news about bitcoin (FUD) reported by governments who hate bitcoin.

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May 11, 2022, 08:15:22 AM
 #78

For beginners I think it's natural for them to call the current drop at $30k the lowest price for bitcoin because maybe they didn't see on the charts the previous bitcoin lows in 2017 and 2018, talking about the causes of the bitcoin price drop so for now there are a lot of factors that affect the price of bitcoin, for example when there is negative news about bitcoin (FUD) reported by governments who hate bitcoin.
Yes, the current conditions with 2018 are different even though the market conditions are the same as experiencing a decline,
because in 2018 when Bitcoin was at its lowest price it was probably the worst condition in crypto,
Regarding FUD, it's important that we don't trust and panic because it will only make things worse

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May 11, 2022, 10:18:47 AM
 #79

The cause of the drop in the price of Bitcoin and other cryptocurrencies is due to the sluggish stock indices around the world in recent days, including the major stock indexes of Europe, Asia and the US.  According to the BBC, investors are letting go of cryptocurrencies and turning to safer assets like dollars.

I read that it is definitely the stock markets I mean Netflix Apple all losing something like 70-80% so we should be kinda thankful the same is not happening with crypto,,, but I have a big feeling it will get worse.

Then we have dumb altcoin shitcoins like LUNA all causing even further dips in Bitcoin price.

BBC is funny. Dollars is a safer asset?  Grin

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May 11, 2022, 10:30:48 AM
 #80

The cause of the drop in the price of Bitcoin and other cryptocurrencies is due to the sluggish stock indices around the world in recent days, including the major stock indexes of Europe, Asia and the US. 
It's only major thing that was triggering a few crypto investors to swap their assets into the stable token or fiat money but i just wanna tell you that if terra luna has made the situation even worst. In my opinion that selling big chunks of bitcoin into the market was causing the price of bitcoin to drop drastically to the bottom. The pressure is still even continue. Bitcoin may so stable at the current price but not when do kwon will be dumping his bag again to the market.
This is the worst thing that i have ever seen

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