Big market crash has started? - page 26.

tee-rex

hero member

Activity: 742

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Quote from: vandeam on June 23, 2018, 09:21:39 AM

I am sure that this is inevitable and the market will sooner or later collapse. But most likely it will happen closer to 2030 because no market is banal is not able to die at the peak of its popularity

Bitcoin has real use and true value, so it can't possibly die due to a market crash or anything like that simply because this use value is real and it is not going to disappear overnight just because prices went down a few dozen percent. On the contrary, lower prices will only expand its application. While bitcoin had been rising in the past, its use value passed on to some altcoins, for example, litecoin. Now we see things develop in the opposite direction. Bitcoin's use will expand while the use of altcoins will constrict. That likely explains why we see altcoins falling faster than bitcoin. Bitcoin is just claiming back what it had lost due to its rise in 2016-2017.

Sithara007

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Leading Crypto Sports Betting & Casino Platform

Quote from: jamesashmore1964 on June 22, 2018, 03:51:43 AM

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

Yes.. it looks ugly.. but moving to Tether is not a 100% risk-free option either. People have cast doubt about Tethers reserves, which are denominated in the United States Dollar. I would rather prefer holding on to the coins.

Catmurs

jr. member

Activity: 518

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It is not necessary to go into a panic ! now there is a correction expected for a long time, if you are in the coin now is not the best time to sell!

jwplayer0

copper member

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[REP] Augur

If the market has fallen sharply, it can also grow strongly, as there is a lot of volatility in the crypto currency market.

wabashky

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Quote from: Grifosha on June 23, 2018, 12:14:50 PM

Why every correction of the market is usually called a big collapse? The price is exactly what it is. Take it for granted and do not worry.

I am totally agree with you, now we are at the correction stage, so the market is red, but it doesn't mean big crash and panic.

upsidedown75

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Activity: 1288

Merit: 1036

Quote from: jamesashmore1964 on June 22, 2018, 03:51:43 AM

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

Absolutely right as things are right now and for those who may have been studying the market, the bulls are nowhere to be found and all that is going on now is just some fact that the market is not ready to move up much yet even if it is going to move up at all.
Volume is diminishing, market is being sold more than it is being bought with the volume of sales far more, and things are looking a bit ugly maybe until further notice, but for now, there is really nothing much to look forward to.

Grifosha

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Revolutionising Marketing and Loyalty

Why every correction of the market is usually called a big collapse? The price is exactly what it is. Take it for granted and do not worry.

disconnectme

hero member

Activity: 1876

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If this is what you think, it is interesting that alot of people tend to focus only on the negative things in the space and completely neglecting the positive things, for me it is a market manipulation and I even feel exchanges are accomplice in this act, if they can bring the prices up, they can also bring the price down

meldrio1

full member

Activity: 1358

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Then what if the price of bitcoin will pump? we don't know what will happen, I don't think that market will crash again, but if is true let say crash around $5k then it will pump for sure because that price is cheap many would buy.

Victorycoin

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Quote from: jamesashmore1964 on June 22, 2018, 04:03:40 AM

Quote from: CoinSpeculator on June 22, 2018, 03:58:29 AM

i don't think so. no one can guess about what will happen future. some bad news can effect, or good news same.

You say I am wrong: we will see.
I wish I was wrong but I am a realist that uses intellect to make a deduction!
Everything points to sub 6K

What's the big deal with price getting below 6k? For me and am sure, a good number of other Bitcoin enthusiasts, would see that, if ever, only as a rare opportunity to buy Bitcoin again at amazing low rates, so it would alas end up a welcome development than a sad one. Bitcoin have for almost a decade now proven to be a survivor and this will pass too like other times before it!

neite99

sr. member

Activity: 560

Merit: 250

it is very preferable for the whales to become bulls when it will reach the 4k price level, but recently there were some good news such as tether and mt gox wallet freeze, if they won`t have an effect than surely it can go deeper.

KotletaTokenov

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Usechain - the first mirror identity blockchain

Quote from: FsJsxy on June 23, 2018, 11:18:13 AM

This is just a lingering correction, with the market everything will be fine. We must wait and soon bitcoin will begin to grow.

I also do not see any reason to panic now, such market corrections have already been and in 2014 even dragged on for 2 years! At the same time, the market is cyclical and in future we are expecting a lot of growth, we just have to make no mistakes and calmly wait!

dicaprio

full member

Activity: 560

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I think that no one expected this, now very many people really try to save their money, but as soon as people start to do it, the schedule starts to move in another direction, it turns out that they, too, begin to lose their money. It's sad, but it's a fact.

Erzinnum

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Activity: 364

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PRIVACY WITHOUT COMPROMISE

i see the human fuel for our bulltrend. you say started? it has started 6 months ago. and now it more likely correction comes to her end. wait a bit more.

FsJsxy

member

Activity: 233

Merit: 10

This is just a lingering correction, with the market everything will be fine. We must wait and soon bitcoin will begin to grow.

Athanasios Motok

full member

Activity: 387

Merit: 100

Quote from: jamesashmore1964 on June 22, 2018, 03:51:43 AM

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

Even if bitcoin goes down, it means that this is a good time to buy more coins. I am considering bitcoin and altcoins only in the long run. In short-term speculation, this is a waste of time and energy. I see that as a plus. You're planting a tree now that's going to grow. Perhaps there will be a year of crop failure, drought or flood. But in a year or more the tree to grow.

niublity

member

Activity: 378

Merit: 10

Yes, this is sad. The price of Bitcoin may become 5,000 US dollars. I do not want it to happen because I will lose a lot of money.

AdamSv

jr. member

Activity: 189

Merit: 1

Quote from: Conte_Forni on June 23, 2018, 10:50:31 AM

In this case, you can not think what will happen tomorrow! I saw many opinions different here and I realized that no one knows anything and can not know what will happen tomorrow. We just have to wait!

But you have to wait with something in your pocket, and not just watching how the opportunity to make money go away. Everyone understands that it is necessary to wait, but that's what the coins in your wallet

royalfamily1000

newbie

Activity: 76

Merit: 0

Quote from: jamesashmore1964 on June 22, 2018, 03:51:43 AM

It is sad but maybe unavoidable!
The only thing that can save BTC going under 6K is a big Whale buying BTC!
Sending BTC down is easier than sending it up: Less resistance. That is why it is going down! When it goes to a 3-4K the bears will become bulls: Opinion.
If you worried move into Tether and sit it out: Suggestion Only.
2 Billion down as I typed this: It looks real ugly

I think the current crash of cryptocurrency market is the continuation from December 2017 huge drop that until now bitcoin still not recovering and many people are still hoping on it to recover their big losses.

iljamlnk

jr. member

Activity: 406

Merit: 3

Bad news always has a negative impact on the cryptocurrency rate.But we will observe how much the price will fall, because after the fall there will be growth.

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