BobK71
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June 27, 2022, 04:13:17 AM |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
In the meantime we’re in the crypto winter. The result of several events, it may be too long for me. Celsius, Terra Luna has called for crypto winter during this time. Now it is on going, it's not easy to get rid of form here. Many people think that the global situation is not good. There is also the possibility of Russia-Ukraine war longer. So bitcoin may be stabilized in 20k until the winter is gone.
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Sebas.tian
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June 27, 2022, 03:12:38 PM |
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I think it will be stabilized after June. This month has historical data about the dumping situation. Every year in June we will see such kind of drama, panic selling will be increased a lot in June and December.
Now I stopped buying new bitcoins, I'm waiting for the last bottom, when it will be stable after June I will start buying again. I know it can be fallen again after June but I'm ready to buy every dip now. I don't want to lose this opportunity anymore.
I believe the price will definitely increase higher next month, because every July bitcoin price used to improve higher which many investors that purchased a huge amount of bitcoin few months ago will start earning something good from next month. We are still in a bear market which many people has used this opportunity to prepared well for the bullish market to appear before they can sell to make a good profit from the market. I think, the price will definitely move from $20,000 to $60,000 in next month because the market price is demonstrating some signs of increase higher soon.
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Clochaard
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June 29, 2022, 04:31:11 AM |
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Crypto market being a nascent market, it is very difficult to predict the exact time when and where bitcoin will stabilise. This might be achievable if bitcoin is used parallel to fiat and is accepted altogether.
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cryptosize
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June 29, 2022, 12:44:04 PM |
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Crypto market being a nascent market, it is very difficult to predict the exact time when and where bitcoin will stabilise. This might be achievable if bitcoin is used parallel to fiat and is accepted altogether.
BTC might not "stabilize" until 2140.
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RashidulIR
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June 29, 2022, 01:18:33 PM |
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It’s hard to tell. But analysts are saying that will go down to 12k.
Everything is possible in cryptocurrency but I don't think bitcoin will come in 12K. Made a side wave at 20K and 21K, it broke today and comes to 19820 Dollars. According to many analysts, it may come to 15K but let's see where Bitcoin can create its bullmarket.
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FlamingFingers
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June 29, 2022, 01:24:18 PM |
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Lots of people are drawing a technical analysis chart to bottom at 17k+ but it looks like there is still no huge volume to show that the previous 17k we reached is the bottom, I just hope bitcoin will not reach such price again for now because the fear index is just too high, a claim at 22k will bring a little bit ease to the market
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sensimilia
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June 29, 2022, 02:25:07 PM |
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Currently Bitcoin has dropped below 20 thousand. My idea is that the price of Bitcoin could go down a lot more. So we should not invest in Bitcoin right now. If you wait a few more days and understand the market situation and buy Bitcoin in a few steps, you will definitely get profit.
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Minecache
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June 29, 2022, 02:53:42 PM |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabalize
In the meantime we’re in the crypto winter. The result of several events, it may be too long for me. Celsius, Terra Luna has called for crypto winter during this time. Now it is on going, it's not easy to get rid of form here. Many people think that the global situation is not good. There is also the possibility of Russia-Ukraine war longer. So bitcoin may be stabilized in 20k until the winter is gone. And now that it's the collapse of 3AC, I don't think the market will stabalize anytime soon with the current series of incidents. In addition, the inflation situation has not improved, so the Fed will definitely approve a rate hike. There will not be a stabilization of Bitcoin anytime soon, but it will continue to fall at its current price. I predict bitcoin will not be able to stabilize before the end of the year, this sharp volatility will last until the end year.
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lixer
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June 30, 2022, 06:54:36 PM |
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Bitcoin will never stabilized because it’s not a stablecoin. It will keeps changing the price even on normal days or sideways because it’s high volatility asset and most of its holder especially retail trader is just buying it for short term profit. The futures/perpetual trading too is one of the main reason why Bitcoin will never be stable because whale is playing it and having a huge profit by shaking all the liquidation of poor retail traders position.
This volatility will never stop unless it will be completely regulated even the centralized exchange that facilitating fraud trading from whales.
And even the stable coin themselves is not also stable sometimes but there are times where their value drops under a dollar although this cant last for a long time not unlike to a non stable coin crypto which can go up and down at a longer duration. A stable coin is still recommended to use for those who wants stability. It's useful on certain occasions like if you want to save up or you want to have something in preparation for the bear market to be able to buy more coins. If let say regulation is the only way for btc and other cryptos to stabilize, I still don't think that most us will like it even if regulation do have other benefits because it already breaks their true purpose.
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_BlackStar
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June 30, 2022, 08:01:25 PM |
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And even the stable coin themselves is not also stable sometimes but there are times where their value drops under a dollar although this cant last for a long time not unlike to a non stable coin crypto which can go up and down at a longer duration. A stable coin is still recommended to use for those who wants stability. If anyone says stablecoins don't fluctuate, then have him or her review the price charts of all those stablecoin before making a decision. There are conditions where stablecoin are more expensive than usual and there are times when they drop lower and it always has to do with bitcoin price volatility. OP, the only way you can achieve bitcoin price stability is when you ignore the volatility of the price in fiat. That means you have to think 1 bitcoin = 1 bitcoin and no longer 1 bitcoin for multiple digit numbers in $$$$$. This means that you will never see a stable bitcoin as long as there is a demand and supply that is always different every second in 7x24 hours. So it is realistic to think that bitcoin will never be stable in fiat.
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Saint-loup
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June 30, 2022, 08:26:57 PM |
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Bitcoin will never stabilized because it’s not a stablecoin. It will keeps changing the price even on normal days or sideways because it’s high volatility asset and most of its holder especially retail trader is just buying it for short term profit. The futures/perpetual trading too is one of the main reason why Bitcoin will never be stable because whale is playing it and having a huge profit by shaking all the liquidation of poor retail traders position.
This volatility will never stop unless it will be completely regulated even the centralized exchange that facilitating fraud trading from whales.
I partially agree with you but whales don't need futures or perpetual swaps to make short and long squeezes against retail trader positions. Even leveraged positions of margin traders can easily be liquidated on crypto exchanges. To get real stability we need more adoption for daily use cases.
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dunfida
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June 30, 2022, 08:47:41 PM |
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Currently Bitcoin has dropped below 20 thousand. My idea is that the price of Bitcoin could go down a lot more. So we should not invest in Bitcoin right now. If you wait a few more days and understand the market situation and buy Bitcoin in a few steps, you will definitely get profit.
Hardest thing actually whenever you do believe that it is already the bottom and suddenly the price had dropped even more which means or it do really creates that panic in mind or being worried which i could say to be normal.Market is unpredictable and there's no way that you could predict on what would happen thats why some do really make out some DCA whenever the price drops on the time that they had bought. Some doesnt have some choice but to hold and wait for the price to recover.Stability is something impossible because bitcoin is always volatile,it might be moving sideways or having lesser movement but doesnt mean that it would be stabilizing.It is really just that people or the community or market does really have that fear and some are just really observing which causes for less activity.
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darkv0rt3x
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June 30, 2022, 10:04:34 PM |
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Stabilization will come when we have more adoption and we start using Bitcoin an LN more frequently. Me and a few friends are working slowly to bring more education to the people of our nearby cities! From workshops, meetings, podcasts, we are doing what is at our reach at the best of our abilities to bring adoption to the people! LN being the main focus for small local commerce, friends and small online services! We gotta start somewhere and with baby steps! So, this volatility is mostly because of yet not enough liquidity in the market to absorve bigger transactions happening in the blockchain!
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Bitcoin is energy. Bitcoin is freedom I rather die on my feet than living on my knees!
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dataispower
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June 30, 2022, 10:09:43 PM |
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Crypto market being a nascent market, it is very difficult to predict the exact time when and where bitcoin will stabilise. This might be achievable if bitcoin is used parallel to fiat and is accepted altogether.
Bitcoin prediction is not something that is reliable and the base level so he cannot read it the future of cryptocurrency I'm got it accurately if it's start falling the fallen can be continuously or take place for a long duration and many investors who is new will obviously lost patient and lost courage for each of it nvestment of cryptocurrency. So that is why I cannot panic the during the following are cryptocurrency so all together cryptocurrency does not have a specific prediction mechanism which can bring it to study of every man
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Trapezium
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July 04, 2022, 05:37:10 AM |
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The whole crypto market is down but it is anticipated that the market correction is about to start by the end of 2022.
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asimi.io
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July 04, 2022, 08:05:11 AM |
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I think you cannot predict that when BTC will stabilize. But if you have researched then you can find that its not the first time and may not the last time time that BTC crashed. You do your own research, If you really have interest in crypto currency.
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Bambozled
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July 05, 2022, 07:39:35 AM |
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It will take time for the bitcoin to correct but it has been anticipated that the price value of the bitcoin will increase upto $28,000.
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virasog
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July 05, 2022, 08:13:00 AM Last edit: July 05, 2022, 08:24:27 AM by virasog |
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There have been different events pouring in and a lot of people are jittery that bitcoin winter is setting in. The fall of celsius, though it rebound back is another chip down Many crypto exchanges are laying off employees. Yet many well read people like American billionaire businessman David Rubenstein said that crypto would not go anywhere despite the ongoing market correction.
How long will this market correction will continue and where will this stop.. and where will Bitcoin stabaliz
You have asked a lot of questions in single post. This is bear market and it may last for couple of years. I am saying this on the basis of previous data. Also , no one know the exact bottom, we can only speculate. It could reach 12k or under 10k. Regarding bitcoin price stability, it may never happen as at times bitcoin dumps while other time it pumps.
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Quippery
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July 05, 2022, 09:27:04 AM |
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Stable bitcoin sounds like a myth to me. I don’t expect anything such to happen anytime soon. But I do know that there will be a time when bitcoin won’t go any further down. I can’t say much about what price it would be but bitcoin will bounce back and take over the market as always.
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Agbe
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July 05, 2022, 05:50:41 PM |
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...where will this stop.. and where will Bitcoin stabalize
This phrase is confusing me, even the topic. The adverb used is wrong. You would have used adverb of time (when) instead of advertise of place (where). Really nobody knows where bitcoin will end. Probably at America or Nigeria these are the two places (where) I can mention but when we come to "when" then the time is unknown. You have to know one thing, bitcoin is in the exchange market so it becomes one of the highest competitive asset in the global market, as that anyone that has it in a huge amount will surpass the others so those billionaires are trying all their best to fight against it both in propaganda and otherwise. As it is said again and again, bitcoin is not a fiat currency that control by banks or government authorities so there will be no end for bitcoin. It can only fluctuate in market. Bitcoin can only end when the international satellite is shutdown which will affect everyone in the world. Bitcoin will float on the ecosystem space at times if internet is working in world. Then another way bitcoin can end is when the so called billionaire buy all the 21 millions BTC to is wallet then there would no BTC left in the space for others to buy and sell and that is not possible. He most sell out for business purposes. Unless he just want to waiste his money to suffer others. At that he will also becomes a poor man.
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