Absolutely not, at the beginning of each year there is always a big fall in price of Bitcoin so what happened is very expected. In spite of the price of bitcoin has decreased by more than 50% in the last period and that's unfortunate.
On the other hand, it's sure that this crisis is temporary and Bitcoin will overcome the difficulties and it will return more strongly and I think that next price of bitcoin will be more than 30K after a few weeks.
Topic: Are you wondering what's happening with bitcoin? - page 4. (Read 773 times)
yes i was wondering about Bitcoin, why Bitcoin can come down this sedrastris? What's with Bitcoin? that is the question that is in my mind?
but apart from that I realize if Bitcoin is time to ride will surely rise and hopefully it happens and not getting worse.
I consider you as a newbie if you are asking this question. But if you are not, believe me you need to understand bitcoins and get some knowledge about it. If you don’t know bitcoins on the gross level, you will not be making the best out of it. Proper research is needed for bitcoins before getting into the practical world. Good luck to you. but apart from that I realize if Bitcoin is time to ride will surely rise and hopefully it happens and not getting worse.
I have read the article based on this chart which has explained what’s happening to the crypto market but the psychological support is no longer at $10k thanks to the revenge trading as described but am hoping the market doesn’t bleed out further than this....waiting for the comeback.
A bounce from 8k price just like everyone wants it. Let's hope it happens I have my bids at 8k. Also, the other points mentioned are true too but the market is unpredictable.
Best thing about is bitcoins is it is unpredictable. You don’t know what is going to happen next day. Prices are going higher one day and people starting investing in it and then it comes the next day when you see the price chart going down. Volatility of price makes it unpredictable. People love to buy and sell only because they know there may be chances for them to get profit.Its really a state of dilemma to even have a slight idea of what is going on with price but what I have noticed is that, it just cut across the entire cryto industry when the price of bitcoin is going higher, all of alts too will witness some high ups and the same thing is happening when the price is going lower too. I feel to see a big surge around here, there is need for consistency in the small increase that is being witnessed because without that, its just going to be the same situation repeating itself all over again.
A bounce from 8k price just like everyone wants it. Let's hope it happens I have my bids at 8k. Also, the other points mentioned are true too but the market is unpredictable.
Best thing about is bitcoins is it is unpredictable. You don’t know what is going to happen next day. Prices are going higher one day and people starting investing in it and then it comes the next day when you see the price chart going down. Volatility of price makes it unpredictable. People love to buy and sell only because they know there may be chances for them to get profit. Apart from the fact that there is no government authority to protect your interests, there have been reports of people having trouble redeeming the Bitcoins they invested and converting them into money as well.
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
Well, for me this is usual play of bitcoin every year having a down fall of exchange rate. Do this can not be taken for granted but show that we are not be panic like what others do because this can be affect the whole market value if we listen to them or sell it all over just because of feedbacks around the forums and social media.
The problem is that many people did just that. Hurriedly bought btc when it was pumping last december without even taking the time to do research about it. For those people, seeing the decline of their money this fast would ready cause a heart attack. Hence they're trying to save whatever's left not knowing that holding for a little longer would save their investments. More like they jumped into quicksand and started flailing when they felt they're sinking instead of keeping steady
Apart from the fact that there is no government authority to protect your interests, there have been reports of people having trouble redeeming the Bitcoins they invested and converting them into money as well.
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
Well, for me this is usual play of bitcoin every year having a down fall of exchange rate. Do this can not be taken for granted but show that we are not be panic like what others do because this can be affect the whole market value if we listen to them or sell it all over just because of feedbacks around the forums and social media.
Apart from the fact that there is no government authority to protect your interests, there have been reports of people having trouble redeeming the Bitcoins they invested and converting them into money as well.
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
Personally, I feel it is very important to understand exactly what they’re investing in and go by their own convictions instead of falling for trends. It’s always tempting to dive into an inviting pool, but if you’re in the deep end and don’t know how to swim, well, you’re in trouble
It is not just a matter of panic sellers and new traders being deceived by whales but also the round of FUDs that is influencing Bitcoin's price to go lower. With most of the problems that Bitcoin faced during the past few months like network congestion and exchanges forbidding new registrations, it was anticipated to get back onto the higher side of things which isn't the case currently. The eventual turnaround is bound to happen when the demand soars like crazy and prices can be expected to soar.
upon all thay,also lets not forget the participations of those TROLLS that has been used to make this fud and big mind pressure to the users,maybe i would suggest for the holders not to check the value .thats what im doing now so i am not affected by everything.because the price will rise eventually without a doubt.bitcoin will recover bigger A bounce from 8k price just like everyone wants it. Let's hope it happens I have my bids at 8k. Also, the other points mentioned are true too but the market is unpredictable.
Yes you're right we can't predict the price this is so hard to predict. If that so, you should still wait but how about if bitcoin price today is the last dump I think it will become hard to all of us. Well, we should still believe in bitcoin and hold on it. Maybe soon it will getting higher and all us will become happy for this. Lets all wait and watch on the price guys. Keep holding.
I think it's reasonable to asked people to hold, because most of us believe that bitcoin still go up and reach more than $10000, if the experience traders encourage people to sell again then the market will crash more deeply, but I agree that people need to be more careful if they want to invest in alt, most of the alt is only being pumped by the whale, if they want to play in alt, it's better they set the exit strategy before they start to invest
Price trying to make a floor here at 8,000. Are you going to sell 8,000?
No, I'm not selling any of my coins now because I believe after all the current issues settle down prices again go up. I already booked some profit when prices were around 20K and 15K range so I can wait until this year end without selling any of my coins.
Now I think we need to keep watching, for me the scenario is unpreditable. Taking the charts of previous moments in consideration, the price will pump sooner or later and Bitcoin won't disappoint us. I think it's more depending on whales, when they want they will push the price up. What do you think about it?
I think that for now, as is always good in february, should be good to build some positions in very solid alts that are way due for a correction in BTC value but also hedge with fiat because you don't know how low some alts can go in terms of fiat value, and there's definitely some good ones that are worth to buy the dip.
2 days ago I published a chart in trading view explaining what's happening with bitcoin price.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
I TOTALLY GET YOUR POINT BUT THE THING IS I THINK MAJORITY OF THE PEOPLE IN CRYPTOCURRENCIES NOW, PARTICULARLY BITCOINS, ARE JUST HERE BECAUSE THEY WANT TO JOIN THE BANDWAGON. THEY ARE DEFINITELY NOT HERE TO UNDERSTAND YOUR TECHNICAL APPROACH ON THIS. The attitude is simply dense hence the price of Bitcoin has been erratic due to the influx of enter and exit investors. This fact, we definitely cannot control. What I am saying is since technical people are outnumbered, we have no choice but to ALTOGETHER deal with the price fluctuations UNLESS there are any mechanisms available to educate people on cryptocurrencies and everything that goes along with it. On the other side of the coin, let me remind you that we cannot totally attribute this to the number of 'ignorant investors' as you earlier called it since there are huge companies that hold a huge chunk of share in cryptos, and they are definitely here to try to control the market. I think there are bigger whales out there in either public or private sectors that have come to take control of cryptos yet again. Now, what say you?
Price trying to make a floor here at 8,000. Are you going to sell 8,000?
2 days ago I published a chart in trading view explaining what's happening with bitcoin price.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
which you say is true and you also a few days ago bitcoin became very excited in social media even on daily news, from there many new players still do not know how bitcoin trading carelessly come into play bitcoin and finally when the old players to profit in addition there is bad info circulating about bitcoin then make the new players become less confident and sell loss when if in view there is no mistake to hold bitcoin that we have for the future, proved from the first time bitcoin created the price is just less than $ 10 and now what is the bitcoin price? so you better think again to sell bitcoin at cheap prices even make you lose, for new players please do not do that.
LOL, I really big fan of mia khalifa. Is this a real person. If mia I wanna say really love you all the time.
Now bitcoin is widely spoken in many places as like that bitcoin price drastically affected the overall crypto market. Sometimes we use to see the fluctuations in the marker recent days all the crypto currencies goes falling in well.
Selling the bitcoin for the present value is also not the good idea. Please check the best wallet and hold it for some years. You will become a millionaire.
I am also big fan of Mia khalifa and stormy daniels. For tits and but.
which you say is true and you also a few days ago bitcoin became very excited in social media even on daily news, from there many new players still do not know how bitcoin trading carelessly come into play bitcoin and finally when the old players to profit in addition there is bad info circulating about bitcoin then make the new players become less confident and sell loss when if in view there is no mistake to hold bitcoin that we have for the future, proved from the first time bitcoin created the price is just less than $ 10 and now what is the bitcoin price? so you better think again to sell bitcoin at cheap prices even make you lose, for new players please do not do that.
LOL, I really big fan of mia khalifa. Is this a real person. If mia I wanna say really love you all the time.
Now bitcoin is widely spoken in many places as like that bitcoin price drastically affected the overall crypto market. Sometimes we use to see the fluctuations in the marker recent days all the crypto currencies goes falling in well.
Selling the bitcoin for the present value is also not the good idea. Please check the best wallet and hold it for some years. You will become a millionaire.
hahaha
2 days ago I published a chart in trading view explaining what's happening with bitcoin price.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
https://www.tradingview.com/chart/BTCUSD/QIgVoEf6-BTC-USD/
I like to get rid off all the news and the buzz that's been around the space lately and just focus in charts. I like that taking a technical approach cleans and filters all this FUD that's been hitting the prices all over the board these last weeks.
I just don't like to see a lot of people that are just starting to trade, take the wrong decisions because
1.) they just listen to other "experience" traders that just encourage them to hodl and do nothing but that.
2.) they believe lots of altcoins are the next big thing and they get full in thinking they are undervalued because they are low caps. If altcoins are in the market, they are most likely to suffer this price bleeding because everyone was rushing to get into bitcoin, and now that bitcoin keeps dropping, everyone is rushing to get into fiat. It's a bloodbath, a snowball of blood. So for all of you guys that are into alts, do your research about them, analyse why the price and their caps are at those levels, be skeptic, but most importantly, judge the technology and not the price. There's great alts out there that are truly innovating the space right now, so there's good dips to buy, and definitely some knifes that you don't want to catch. A lot of alts are just piggyback riding the market, taking profits out of inexperienced traders or ignorant investors. Be aware. Just because it's a blockchain and it's "private" "fast" "decentralised" does it mean it can't be pure shit.
Let me know what do you guys think about the chart.
Be safe and don't feed the whales.
which you say is true and you also a few days ago bitcoin became very excited in social media even on daily news, from there many new players still do not know how bitcoin trading carelessly come into play bitcoin and finally when the old players to profit in addition there is bad info circulating about bitcoin then make the new players become less confident and sell loss when if in view there is no mistake to hold bitcoin that we have for the future, proved from the first time bitcoin created the price is just less than $ 10 and now what is the bitcoin price? so you better think again to sell bitcoin at cheap prices even make you lose, for new players please do not do that.
LOL, I really big fan of mia khalifa. Is this a real person. If mia I wanna say really love you all the time.
Now bitcoin is widely spoken in many places as like that bitcoin price drastically affected the overall crypto market. Sometimes we use to see the fluctuations in the marker recent days all the crypto currencies goes falling in well.
Selling the bitcoin for the present value is also not the good idea. Please check the best wallet and hold it for some years. You will become a millionaire.
Government regulations, big whales, FUD and Congestion that cause transaction fees that are at a much higher rate are big problems facing bitcoin today. For me personally i don`t trust FUD, transaction fees and government regulations are not a serious problem. But, big whales can do everything, who can get rid of them? ..
Can we do it, because our number isn`t just one person. I may be able to, then how about the other people?
I like your opinion, maybe this is a safe way for now, means not feeding whales.
Be safe and don't feed the whales.
Can we do it, because our number isn`t just one person. I may be able to, then how about the other people?
1) Hodling is the safest option for long-term investors
I like your opinion, maybe this is a safe way for now, means not feeding whales.
I don't like how the weekly chart is looking tho
If the weekly closes at around these prices, the RSI will be below the 50 area, which it has been a proven long term RSI support and resistance spot ever since 2013. So this is definitely a big crucial moment for bitcoin's price. It might be the way whales are showing how bitcoin isn't the king anymore with so many alts in competition proving they can be all that bitcoin offer, but much much better. This incentivises whales to move bags.
Also we are finally seeing more market share from different alts. This is a good sign the market is balancing itself.
We might be entering the period where bitcoin will stay as the base value of the markets, but not necessarily have to stay in top 1 in market cap. Look at OMNI. Lots of assets are based in OMNI, and their assets have much more market cap that OMNI, which is the base value for this assets. Is just a thought.
If the weekly closes at around these prices, the RSI will be below the 50 area, which it has been a proven long term RSI support and resistance spot ever since 2013. So this is definitely a big crucial moment for bitcoin's price. It might be the way whales are showing how bitcoin isn't the king anymore with so many alts in competition proving they can be all that bitcoin offer, but much much better. This incentivises whales to move bags.
Also we are finally seeing more market share from different alts. This is a good sign the market is balancing itself.
We might be entering the period where bitcoin will stay as the base value of the markets, but not necessarily have to stay in top 1 in market cap. Look at OMNI. Lots of assets are based in OMNI, and their assets have much more market cap that OMNI, which is the base value for this assets. Is just a thought.
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