Topic: Anyone else have any idea of what could break this bear market? (Read 201 times)
nothing.. it all depeneds on how the investor will play.. if theres a new inverstor then we will go up surely
US households do NOT owe $25b
Indeed. Utter shite. There will of course be a fair bit but nothing like that.
Bear and bull markets ultimately have nothing to do with actual circumstances, they just sort of... happen when the time is right. The news in 2017 was no better or worse overall than other years. 2014, Gox aside of course, was bursting with good news but things continued on downwards.
No event will turn things around. It will play out in its own sweet time on its own terms and it won't give a shit what anyone thinks or wants.
I think this situation is psychological role. it only needs one good sensational news about bitcoin in term of bitcoin acceptance. once excitement explodes, prices charts will dance attractively. 
I say this because some bad news had just made bitcoin price is just stable around 7k. it would be different oppositely.
I say this because some bad news had just made bitcoin price is just stable around 7k. it would be different oppositely.
How about the middle of the said dates? Does the bear market will exist after these days?
Will see then, it will be a good news for everyone of the market will move uptrend this time. Since there are no longer fuds they can ever do to make it stop.FYI:
Actual Tax Day in the US , this year is April 17th.
Really confusing, OP says it's on April 15. But I've googled it and you're right it's on 17th.Actual Tax Day in the US , this year is April 17th.
https://www.cnbc.com/2018/04/05/wall-streets-tom-lee-predicts-massive-outflow-from-cryptocurrencies-ahead-of-tax-day.html
Still let's see if it's accurate.
I am expecting price to recover from this month as we are in the last phase of the correction process and I believe that big whales would definitely come again to exploit the opportunity resulting in a price rise but the correction helped Bitcoin to bring attention and new investors and it will also increase the overall maturity in the market resulting in a fewer panic situations. I believe that Bitcoin will hit a fresh all-time high level in this year itself.
I think USA is a crypto friendly country so Hopefully the tax doa of USA can break this bear market and may be for this prediction is saying that there is possibility of price rise by the end of this month. I am hopeful about it and lets hope for the best.
Perhaps, people could contribute on how this bear dip be eliminated or minimize instead and one of the suggestions is that people should do more investment with btc. Neglect the FUD issue and negative news should not be tolerated so that it cannot affect the price value of the coin.
If you are entering a global market, there will be a ton of fake news and market manipulation to pull the market down and with the future trading in full swing, expect the market to react wildly from time to time and it is hard to neglect the negative news around the world too, we need these kind of market to enter too. It is hard to guess when the market is going to be stronger but i guess by the end of this month we might see some movement. The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
USA is against in cryptocurrency so we don't consider the US Tax day because US social medias are avoiding the ICO advertising but still all the coins are green know.April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
Since when is the USA against Crypto currencies? They define Bitcoin as a commodity that can be owned and traded on regulated exchanges. The social media ban on Crypto currency advertisements is not a reflection on the US government, but rather a initiative from these companies to protect the consumer against some ICO scams that are being promoted on their platforms.
I have seen no public announcement that the US government forced these companies to implement these bans.
Perhaps, people could contribute on how this bear dip be eliminated or minimize instead and one of the suggestions is that people should do more investment with btc. Neglect the FUD issue and negative news should not be tolerated so that it cannot affect the price value of the coin.
The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
USA is against in cryptocurrency so we don't consider the US Tax day because US social medias are avoiding the ICO advertising but still all the coins are green know.April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
Since when is the USA against Crypto currencies? They define Bitcoin as a commodity that can be owned and traded on regulated exchanges. The social media ban on Crypto currency advertisements is not a reflection on the US government, but rather a initiative from these companies to protect the consumer against some ICO scams that are being promoted on their platforms.
I have seen no public announcement that the US government forced these companies to implement these bans.
In my opinion, the deep bear market dip is primarily due to bitcoin correction and also the hard resistance where bitcoin could hardly get through hampering it's growth to move upward. To be able to improve the bear dip, the people in bitcoin community should support bitcoin like buying this time more btc's and disregard negative media news that is pulling down bitcoin growth in the crypto market.
only time!
the drops have to happen and finish and that takes time. and also everyone has to start accumulating bitcoin at the bottom and that also takes time. if you can't analyze the market during the bear market and make profit then stay away.
it could but there are already new investors coming in. in fact the drop (lower price) is a good time for many to start investing in bitcoin, so at least you can say a lot of fresh money is coming in bitcoin. it may not be as much as the money that comes in during the hyped up rises but it is still a considerable amount.
the drops have to happen and finish and that takes time. and also everyone has to start accumulating bitcoin at the bottom and that also takes time. if you can't analyze the market during the bear market and make profit then stay away.
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
it could but there are already new investors coming in. in fact the drop (lower price) is a good time for many to start investing in bitcoin, so at least you can say a lot of fresh money is coming in bitcoin. it may not be as much as the money that comes in during the hyped up rises but it is still a considerable amount.
U.S. households likely owe $25 billion in capital gains taxes for their cryptocurrency holdings. Last year, bitcoin soared more than 13 times in price and hit an all-time high above $19,000 in mid-December. It remains about 450 percent higher over the last 12 months.Tax-related selling would add to bitcoin's tough start to the year.
US households do NOT owe $25b
someone else posted the same BS about $25B in tax, (based on maths of the market cap)... here was my response
you cannot base combined taxes by using the market cap
the market cap is a meaninglss number.
let me explain
if i make a coin with 1 trillion coin cap, and buy just 1 coin for $5
the market cap becomes $5trillion
yep market cap becomes $5trill even though only $5 was actually spent.
now if i sold that single coin for $6
the market cap becomes $6trillion
yep market cap becomes $6trill even though only $11 was actually spent.
now when it comes to taxes. i only gained $1, so 20% of $1 is 20cents... yep my tax bill is only 20cents
as for the other guy that bought my coin from me at $6. he is currently at a tax deduct of $6 right now so he owes no tax
thus the whole markets tax is 20cents even though the cap suggests $6trillion(thus the op would wrongly suggest $1.2 trillion tax)
..
now back to the market cap of bitcoin
when trades are done. the price moves not because ~17m coins are being traded at any time for the exact price. to then give the market a true value of bitcoin price * coin in circulation. instead the price moves because of small amounts of coins.
by this i mean there are no billions of fiat held in a bank to back up the market cap.
infact the entire market cap $amount can move by a trader simple having an order of say 0.001btc being traded
the market cap is a meaninglss number.
let me explain
if i make a coin with 1 trillion coin cap, and buy just 1 coin for $5
the market cap becomes $5trillion
yep market cap becomes $5trill even though only $5 was actually spent.
now if i sold that single coin for $6
the market cap becomes $6trillion
yep market cap becomes $6trill even though only $11 was actually spent.
now when it comes to taxes. i only gained $1, so 20% of $1 is 20cents... yep my tax bill is only 20cents
as for the other guy that bought my coin from me at $6. he is currently at a tax deduct of $6 right now so he owes no tax
thus the whole markets tax is 20cents even though the cap suggests $6trillion(thus the op would wrongly suggest $1.2 trillion tax)
..
now back to the market cap of bitcoin
when trades are done. the price moves not because ~17m coins are being traded at any time for the exact price. to then give the market a true value of bitcoin price * coin in circulation. instead the price moves because of small amounts of coins.
by this i mean there are no billions of fiat held in a bank to back up the market cap.
infact the entire market cap $amount can move by a trader simple having an order of say 0.001btc being traded
How about the middle of the said dates? Does the bear market will exist after these days?
FYI:
Actual Tax Day in the US , this year is April 17th.
Really confusing, OP says it's on April 15. But I've googled it and you're right it's on 17th. Actual Tax Day in the US , this year is April 17th.
The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
USA is against in cryptocurrency so we don't consider the US Tax day because US social medias are avoiding the ICO advertising but still all the coins are green know. April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
FYI:
Actual Tax Day in the US , this year is April 17th.
The two dates that I’m hoping will be important in helping to break this bear market are April 15 and May 14.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
April 15= Tax day USA
May 14-16= Consensus 2018 - last year helped spark interest and investment in crypto
Also, I believe the release of an easy to use fiat to crypto gateway that has good security could attract more investors.
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