Topic: Bitcoin Bloodbath to End - page 3. (Read 997 times)
Well yes, everyone is expecting this blood path should end and should see coins growth back on track at least to the minimum. This current correction is the longest one compared to the past corrections. But if you have seen the hike right after the corrections happened earlier, it would be soothing us. There had been a huge hikes right after these corrections. So hoping for this correction to end and every coin value grow up.
I'm not so sure that I've seen so many people lose money, but will be back for a few seconds with only a bit of market recovery, but I think about it all who get bitcoin now are the ones who invested before the previous bubble and it's still in luckily despite the big crash we witnessed, yet everyone who was the first time investor at the time might come out.
For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied.
For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied.
Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
Well I can not say bitcoin will die, because of the bloodbath. Bitcoin is a very strong currency and I know that soon the bloodbath will end. Because their is a coming price hike rollback that bring us to life again.
The above mentioned should have led to a rise in prices of bitcoin and altcoins but sudden bad news such as the hacking of bithumb exchange can delay the bull run for a week or two. All things being equal, we should see a bull market by the end of June.
Hopefully.We should learn how to be more patient this time because this dips is just temporary.We will see a bright future with this crypto investments when the bull run starts to take over.I know there are still good news that is coming along the way so better wait for them until they will be realized after a bloodbath is over. Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
Well I can not say bitcoin will die, because of the bloodbath. Bitcoin is a very strong currency and I know that soon the bloodbath will end. Because their is a coming price hike rollback that bring us to life again.
nobody knows for sure. There are plenty of positive signs but lots of FUD and manipulation. If you can afford to continue to make small bets, consider dollar cost averaging. That way you get the price you paid for the asset you bought lower
The above mentioned should have led to a rise in prices of bitcoin and altcoins but sudden bad news such as the hacking of bithumb exchange can delay the bull run for a week or two. All things being equal, we should see a bull market by the end of June.
great research on the reasons of the Dump, but I think the reasons are even more than that. Because bitcoin is such a strange thing that so many things are affecting the price.
For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Not necessarily. I do agree that most of the complaints are coming from profit chasers, but everyone can see that the market is breaking low after low. It's manipulation, but that doesn't change the fact that we are actually moving down and the market technically isn't doing well lately. The main point of importance is that while the market is going down, everyone has the opportunity to make the most out of it. If anyone here has bought coins well above $10,000 in the last months, then this is the right time to lower the average significantly by buying at current levels. I do exactly that and I'm pretty satisfied.
Bloodbath Bitcoin for Ending is what it means to me, I'm still here at the learning stage and I'm a beginner here, I do not quite understand what's on with Bloodbath, which I know bitcoin will never die.
For those people who are saying that bitcoins is a blood bath, they just did not know how to handle cryptocurrency and they are losing profit today due to the market price that is decreasing right now.
Evidently, the market is looking negatively on Bitcoins and altcoins at this moment. However, that trend is about to come to an end. There are a number of great bullish developments:
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
REGULATORY
+ Positive G20 Financial Summit stance
+ Chinese regulatory posturing to clarify soon, as Deputy Governor of the People's Bank of China (Fan Yifei) noted
+ Lightning Network and SegWit increase legal recognition of digital currencies
+ Seoul Mayor aiming to launch the capital city's own crypto and establish better environment for blockchain startups
INFRASTRUCTURE
+ CBOE support for Bitcoin ETFs
+ T-Mobile tech support for distributed ledgers
+ Coinbase announcing upcoming support for ERC20 tokens
SOCIAL SENTIMENT
+ MailChimp has clarified that its stance against cryptocurrency ads to not include accounts that disseminate crypto-related information
+ Leading analysts (such as Abra CEO Bill Barhydt, Fundrstrat's Thomas Lee) are bullish about the year end target of $25,000 for BTC
+ Major Polish bank will implement a blockchain document storage system
+ Audi has announced that it is exploring the use of blockchain to enhance its distributional network
+ Morgan Stanley releasing a report and commenting that they are expecting BTC to rise, and this is just a temporary slump
ECONOMIC
+ Analysts predict that institutional investors will capitalize on the temporary slump
Yes - the market is volatile, but we all knew that. I don't think there should be a shadow of a doubt that bitcoin will rise again.
Good finding
There is not so much money on market.Because of that btc is traded between 5900 to 6800 any break down or up will cause future movement as for now we are still in side trading.I also think btc will rise finally and other crypto will follow
Today we have seen the second round of that bloodbath. It seems we've just hit the ground so now we can hope for some uptrend.
too early to say that this is a last bloodbath for bitcoin. time is long and bitcoin will never perish.
Those who say anything negative about cryptocurrency or bitcoins is just not well knowledgeable about the market and most of them are just scared about taking the risk.
Bitcoin is not always red days, surely in near weeks bitcoin price will continue to recover. The price will go well, until people choose to stay holding bitcoin we habe nothing to fear about its future. Bitcoin price is ever changing, you dont have to be surprised very time there is a sudden change in value wethee going red or green, just be motivated of the fact that bitcoin price will go to the moon in the future.
Can't blame also some people won't look into huge change coming and just keep on complaining cause of its volatility. It surely market will sooner have a market bull run and those people who are still holding bitcoin will surely make a huge money.It is understandable that so many people just do not even know why they are investing in the market and so many of them just have the mindset that bitcoin will set them straight into becoming one of the elites. A lazy man mindset that always put a bunch of them into the space where they eventually belong to.
Well, that's what we need now. Some sort of encouragement and signs of a recovery in sometime to come. Looking at your analysis, it seems sime goid news are waiting for us sometime in the future.
Bloodbath Bitcoin for Ending is what it means to me, I'm still here at the learning stage and I'm a beginner here, I do not quite understand what's on with Bloodbath, which I know bitcoin will never die.
too early to say that this is a last bloodbath for bitcoin. time is long and bitcoin will never perish.
Bitcoin bloodbath is counting from last 4 months and once the cycle gets completed we may expect the blood bath may get ended and look for positive bull market
That is right we need to stay positive and we need to trust the process because for it will bounce back and it will become profitable again, so we need to hold besides we are in the second quarter of the year for sure before year end market will become bullish. Jump to: