The current crypto bear could end the market.

[SirLancelot]

For sure the data's of market crashes what makes those big company turn off accepting crypto on their payment system since maybe they consider this because they don't want to lose a lot of money once bear market season hit. Maybe if market still act like this maybe we cannot see major processors or platforms accept this.

But it is known that big companies loves to invest in cryptos most especially now that the prices are dumping. If they can do such thing then why not the other one which is by accepting crypto for payment purposes? I think there are no big differences at all but I can only see one advantage here, and that is they can increase their investment assets passively even without the need of buying it actively. This wasn't the first time the market acted like this but despite of this, there are still those companies who made cryptos as one of their payment methods.

Simply, crypto bear couldn't end the market but one thing is for sure, and that is crypto bear can end soon.

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[darkangel11]

The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

What does Summer have to do with buying or not buying? Last year in May we were at 60k, so there were buyers. This year in May we were falling off a cliff.
June -July 2019 we had a rally, so I'd say that while most bull runs in the past were in Autumn, there were periods where price went up a lot in the middle of the year.

You're probably right about it taking another year before the situation stabilizes.

[carlfebz2]

The bear market could end at any moment but it could also last for another year. Nothing is set in stone here.
It's easy to turn BTC price up side down because of low market liquidity even further decreased by large outflows from exchanges. It seems that we're at record all time low of coins held on exchanges which means that if a big enough buyer shows up the price will skyrocket. Will he show up though?

I don't think nobody would buy in bulk to skyrocket the price as we are in the middle of the Summer. It's not possible to go down too much because people are greedy to buy more coins for cheap prices. The only thing needed for this bear market to end is time and we have plenty. Just wait one more year or two and everything will be alright again.

What does Summer have to do with buying or not buying? Last year in May we were at 60k, so there were buyers. This year in May we were falling off a cliff.
June -July 2019 we had a rally, so I'd say that while most bull runs in the past were in Autumn, there were periods where price went up a lot in the middle of the year.

You're probably right about it taking another year before the situation stabilizes.

Its not bad to presume about those patterns specially if we do talk about season and duration or times on where those market movements do make out those significant numbers but we know that this market cant

really be predicted no matter how you would analyze but its not bad to have those observations and presume out and making action basing on that one whether you would really be getting in or get out based up
on what you had observed.

For people who had been on this market for a while now then these drops and rise of price is just like an ordinary day or something that shouldnt really be surprised on but for those who are just
new or recently dive in then they would really be having those impressions that these drops might really be just the end of this market which is totally impossible.

[romero121]

What do you particularly want to discuss? You're saying a lot of different things. The title also suggests a different idea.

Anyway, the current bear season does not and cannot end the Bitcoin market. It may end a crypto project, however. It may kill a crypto company as well. As a matter of fact, the recent mass withdrawal has actually led crypto firms toward insolvency and even bankruptcy. But Bitcoin isn't just an altcoin or a company that rides on the popularity of something else. Bitcoin's fundamentals aren't in any way affected by the market.

The bitcoin market and the way it function is entirely different from that of the altcoins. During this bear market many altcoins will be added to the market. These altcoins won't be having anything in specific, and the key factor for which these altcoins were innovated is to experience bull move when trend changes. Soon after a hard bull move these altcoins gets out of the market. Earlier these kind of things happened with ICO's

[sunsilk]

A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

That's totally an excuse and a misconception. You don't have to go that far to see people accepting bitcoin and receiving it as payment. If there's going to be crypto that a no-coiner would like to accept.

The chance that we'll hear them say bitcoin is very high. I don't understand what you're up to by making this thread and if you're into ETH, I'm also into it.

And as the title says, bearish sentiments are common in any market, don't be surprised or confused by them.

If you know the importance and real function of Bitcoin, you'll buy and invest in it though it's not yet accepted everywhere. Bitcoin isn't just a mode of payment. If you'll do more research and take a look at its history, you'll see how it developed and handled every market situation before. It has been through ups and downs but it even stood firmer. You might see the bearish season as a threat for Bitcoin but its actually an opportunity for those who want to buy and accumulate more BTC.

It's not yet accepted to most places but the adoption is getting high and someday, we'll be there that almost everyone knows about it. Like every computer geek and smartphone users will have the idea about it like that they've heard about it.

And if there will be common excuses that's being said about it and intrigues that people will about it. The important things about bitcoin, if you know most of them and no one can will misled you despite any excuse or issue they say about it.

[Rufsilf]

Perhaps it would if nobody cared but fortunately, a lot of people rich and poor investing in Bitcoin and even using it that surely won't let this thing down too easily.

Accepting Bitcoin as a legal tender is ongoing and it was growing meaning that this bear season isn't enough to drag it down and collapse, not even these influencers like Elon Musk can do. Therefore, it was just a false hope thinking it will end as these holders manage to hold their Bitcoin and altcoins in preparation for the next rally.

[Fivestar4everMVP]

The current crypto bear could end the market.

Maybe this is your first experience of what a cryptocurrency bear season is all about and feels, but I must admonish you to calm your nerves, the market is not going to end(whatever you mean by the market ending). ,
There have been several bear seasons, dips in the past years, it were all a buying opportunities for as many who were wise enough to realize it, this current crypto bear market, I can assure you is another of such buying opportunity, take advantage of it if you have means, using the DCAing strategy to aquire as much good crypto coins (including Bitcoin) as possible, leave them in your wallet for as long as it takes to yield good profit for you, doing this now might be the best decision you ever made.

[Eternad]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

[suzanne5223]

A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

Not using Bitcoin as a currency for everyday purchases is a lie because there are a lot of payment systems that have already a platform that bridges the gap but the major reason why most people don't use Bitcoin for their everyday purchases is that 90% of all BTC holder use more as an asset than currency and what they mostly do is use it as currency during the ATH market while they use it as an asset during the winter market.

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

[arwin100]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.

[Smartvirus]

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.

The idea of buying the dip has mislead a lot of prospective and even existing profit driven investors. Its a good strategy non the less, give the trends at the time but, a lot of users miss out on the opportunity to buy again. That's due to a predetermined dip that could lead to procrastination and eventually, you have people missing out.

The best for me has always been to hodl. Perhaps it's not the besg best take profit as, it feels more profitable to selling or exchange for stable coin in am ATH and buy during the bearish market conditions but the uncertainties about this period makes it difficult to speculate and as such, just hodling if you can and invest new money int the market in the bearish market archives the same result.

[justdimin]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

That is the thing, there are too many people who are going to end up focusing on one thing, which is making more and more money. Sometimes there are some people who think that it would be smart to force the situation to a max, and say zero, and that's a problem, but at the same time they will short it, that's why they want such a thing.

I believe that we shouldn't be expecting it to be zero, or a billion dollars, it's not going to be something that magical. It's going to be something decent, it's going to be like bitcoin at 30k by the end of the year, that's a realistic approach and we are going to end up seeing that for sure. That's at least what I am guessing.

[Mahanton]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.

Normal words to be thrown out or people could really speak up directly without even realizing on what are those words that they do have said which is something that cant really be the real deal.
People do usually said its a scam or nearing into its end when they are losing that much.Its true that current crypto bear is something devastating but doesnt mean that it would really be the end of this
market.There are only two kind of people or investor which to those who are minding off on finding the opportunity to get in while price are cheap or totally quit up just because they had lost that much?
This isnt the first time we are experiencing these declines and this should really be bare up on mind that recovery would be always next in line.

[Botnake]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

Hopefully we wouldn't see and experience that 10k because that's already below 50% of the current market price as of today, but if that happens then I'd love to buy more of it to add in my portfolio and so other coins because these altcoins often follows bitcoin's market.
But yea, I doubt that we won't experience a market that will reach the zero bottom because that would likely be the end of the market. Just hold up folks because this will be a hard ride this year and I assume that we can see some pretty figures this year after this season.

[suzanne5223]

The price will never go to zero which will be the one reason to end the market. We can expect a massive dump because we experienced massive pump too up to this point. But there’s always new buyer sprouting and buying those cheap Bitcoin that been dump by weak hands and whales who take profit because Bitcoin is very valuable enough to be left on cheap price. I believe we will only see below 10K in just a very quick time because many traders will gonna rush to buy at that price level to change hands again those Bitcoin.

There are a lot of predictions from people that if the $10K happened it will be in a flash which is what I also believe but in this current market we cant categorize all the people that sell their holding as a weak hand because there are people who are into day trading and some are sold by miners who need to keep their mining activities up and working which is what the first dump we see in the market when the bear started.

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.

Different people have different oppionion and purposes but I believe it is good to call those people that day trade or miners that sell their bags just for emergency purposes that have to do with their mining activities and pay some loans because they are doing it for an important reason if they choose to buy the dip or not is their decision.
If read mining news someday ago will see that some miners are into debt and I believe a huge number of these miners sold some portion of their bags.

[Haunebu]

Ending the FIAT market or ending the crypto market? Whatever the case, your assumption is dumb as hell since both markets will survive no matter what if you ask me.

Popular cryptocurrencies like BTC have survived far worse situations in the past and bounced back which proves how resilient they truly are. Spreading FUD in this manner is pointless and dumb op.

[TheUltraElite]

We can call those people a weak hands if they sell without doing some counter measure like buying the dip and mostly these guys lose a lot of money then miss good opportunities brought up by these season, that's why mostly they threw some bad statement towards bitcoin or the whole crypto because they didn't experience good things upon facing up a bearish scenario.

OP may have copy pasted shit from social media, their words seem like the brain dead fanatics of bitcoin who do exist on social media and are the wrong product of immature brains with shilling.

Even today bitcoin is not accepted widely - you will not get the chance to spend your coins in the next door grocery store because the guys who own that store, have never heard of bitcoin and neither are they in an economic condition to accept something that is in a grey area in the country's legal system. They want to make bread for themselves and therefore they go with what is prevalent, fiat. Even getting them to accept digital payments backed by the banking system was a tough thing to do, let along think of bitcoin. I dont think the OP has the brains understand this ground reality in many low-income countries.

Bitcoin also does not need a "messiah" life figure, if someone is acting like one, they are having some wrong motive which people are immature to understand.

[BlackBaron]

A common excuse as to why people Don't use BTC cryptocurrencies for their everyday purchases is Because it’s not really accepted anywhere.

Actually this question you can answer yourself, why Bitcoin is not used as in general, as a transaction.

You can compare like: why not everyone does not use only one type of car brand, in everyday life.

Its meaning, It doesn't mean that Bitcoin is not accepted by many people, they have their own beliefs to carry out daily transactions and not everyone understands how Bitcoin works and not everyone likes the car.

[Kelvinid]

Well, it was not a new thing to hear these words "END OF THE MARKET", especially during the bear season. A negative mindset will of course speak and describe the market negatively. However, those who come and have trust with crypto will remain calm and take advantage of those who are weak and those who sell their crypto.

But don't get me wrong OP - what you need is to open up your mind and eliminate negativity in your mind and replace it with positivity. You can never see good things if you are a close-minded person.

[Semar Mesem]

Many experts believe that the bear market trend is still continuing, maybe an increase will occur in August or September, but I never worry about the future of bitcoin because the number of communities continues to increase significantly and more and more countries are actively opening tenders to legalize bitcoin.