Bitcoin Declining. - page 2. | Bitcointalksearch.org

kaya11

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Quote from: Lawrenzoo on August 15, 2019, 01:59:44 AM

Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k

It give you thinking that you should be selling your Bitcoin now, well I guess if you have bought at 13k USD and now afraid of losing money in with just those minor setbacks. Just be patient, everyone here feels the and you just have to wait.

RealMalatesta

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^^ I did the same thing with my friend who asked about bitcoin at the peak time of December 2017, he asked if he could join and get some bitcoin as well and didn't know how easy it was. I opened an account for him on our local exchange and sent all the KYC stuff right away and he was accepted in an hour while we were talking, then he sent some money via bank transfer and got some bitcoin for himself (just 100-200 dollars to test if I remember correctly).

After it went down all the way to 4-5 thousand dollar time he asked me how he could get out, I told him not to but he didn't listen and I told him how he can cash out and he did it, now it is back to over 10 thousand dollars, considering the increase of dollar value versus our national currency as well he lost about 50% more than he normally could, let's say he got in with 200 dollars, he sold around 50-60 dollars instead of 120-130 dollars right now. Some people are just too afraid of what could happen if they wait a bit more.

fullhdpixel

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Quote from: Pab on August 18, 2019, 04:52:08 AM

Bitcoin lost a little from that year 13800 high but price is still above 10k what is really incredible.Bitcoin halving begin between march and may 2020 what is very soon
We will have some pump and dump until bitcoin will goes parabolic and make new ATH
Nothing to be worry about some correction and hype or fud to hype or decline price

There is one common thing I just usually tell my friend when I invite them into bitcoin investment, I made them choose between being a trade or an investor, and as an investor, they have to understand that they will need to stay with the market for at least 10 years because that is when bitcoin will develop to the fullest, and I think that has been helping them.

When my friend sees bitcoin fluctuation, they find themselves not having any panic because their goal is for future, which Is how I see my btc investment too and don’t bother myself with all these short decrease, no matter the decrease we have now, imagine where bitcoin will even be in 5 years’ time, I know that the last ATH will even be the lowest by then, so I just don’t stress myself about all the declines.

BitHodler

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Quote from: STT on August 18, 2019, 05:04:52 PM

however that is just a simple look and even in this case we are below the 50 day average. So we've pulled back and the more cautious might want to speculate on if we will remain below that 50 day average. Im quite a cynic until we beat it and need to look further to decide.

It doesn't really matter much what happens in the very short term unless we decisively break the descending resistance and have at least two daily candles close above it.

Based on the descending triangle that seems to gain more shape every week, the next leg up (if we have one) should peak just over the $11k mark and from there pull back in a brutal manner, possibly with another dose of fud to go with it.

People say we're still in an uptrend, which technically is true if you zoom out, but the chart doesn't look as pretty anymore as it used to do. I rather be conservative and be proven wrong by going up than being overly bullish and see the price dump.

STT

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Its always declining on some time frame, the interesting thing is to speculate how long would it decline for and will it accumulate into a proper price movement.

So I'd guess bullish at present as there is some trend on the daily bars for a steady rise repeated

however that is just a simple look and even in this case we are below the 50 day average. So we've pulled back and the more cautious might want to speculate on if we will remain below that 50 day average. Im quite a cynic until we beat it and need to look further to decide.

btc78

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Quote from: Lawrenzoo on August 15, 2019, 01:59:44 AM

Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k

Lol that only last for atleast a week because after that bitcoin again recovers,the question is for how many times this quarter that the value goes up and down?
Anyway be happy whenever there’s a dump that happens because this gives us a chance to buy again and have another coins in our folio with cheaper prices

LimLims

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Quote from: snipie on August 17, 2019, 04:37:04 PM

Quote from: Hamphser on August 17, 2019, 03:57:07 PM

the price is still profitable and it is still bullish if you compared it to the price in a couple of two months ago.

The most important part is this.
Until now, Bitcoin price is profitable in almost 75% of time and i am pretty sure it will be 100% once it returns back to +$18k Wink

Whatever you said, i am agree with you.
But people have already seen better condition then this.
I am saying when BTC was at 20k USD.
So people are expecting more from Btc.
Nevertheless lets hope for the best.
Btc will soon again rise.

wildflower18

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This is not new in bitcoin market condition price may decline. Some catch this opportunity to have some btc at low price. Many reasons why bitcoin declines but we should be positive when bitcoin is struggling.

Pab

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Bitcoin lost a little from that year 13800 high but price is still above 10k what is really incredible.Bitcoin halving begin between march and may 2020 what is very soon
We will have some pump and dump until bitcoin will goes parabolic and make new ATH
Nothing to be worry about some correction and hype or fud to hype or decline price

fullhdpixel

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Quote from: Wind_FURY on August 17, 2019, 02:41:29 AM

Quote from: Lawrenzoo on August 15, 2019, 01:59:44 AM

Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k

Bitcoin declared "dead" many times, China banned it, social attacks everywhere, tried to be co-opted by the mining cartel/top merchants, and losing a few hundred points under $10,000 is scaring you?

Buy the dip, AND HODL. Cool

Lol, bitcoin is a living ghost already, there is nothing that can ever kill that cryptocurrency again, in fact many government are already giving up on fighting It and looking for ways for which they can make use of it, the stubborn and proud governments like that if China and US, rather than accepting it, they are thinking of creating their own cryptocurrency which they should expect will fail and will never be accepted as much as bitcoin will always be accepted.

With this lightning technology which will solve the speed and scalability that has always been discouraging people in making use of it for payment, many merchants now will start accepting it as payment currency for what they are into, and this coin will finally become a global currency on its own.

Wilhelm

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True. If one thing is near certain it is the multi year bull market.
So if you are willing to wait 5 years any time is a good time to buy. Kiss

TimeTeller

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Quote from: Hamphser on August 17, 2019, 03:57:07 PM

Quote from: ?? on ??

Quote from: Wind_FURY on August 17, 2019, 02:41:29 AM

Buy the dip, AND HODL. Cool

If the deep comes, yes is a buy but at the mean time, the price has started going up, now at $10,400. I think this time is going up for the festive rush. Is always a hodl though.

When there is a dip, trader should buyback immediately to regain its stock of bitcoin after shorting. But it also depends on each trader on what type of investment they have to do whether it's a long-term or short-term.
On the topic, the price is still profitable and it is still bullish if you compared it to the price in a couple of two months ago.

Many traders are taking advantage of the current market situation.
If you know how to handle this situation, you will treat this as a good opportunity to get more btc and not complain about the declining price trend.
Sooner or later, I strongly believe that the btc price will go up again.
That is right, short-term or long-term investment, it all depends on the trader.
As long as there is profit on either type, I guess you are already winning in trading.

snipie

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Quote from: Hamphser on August 17, 2019, 03:57:07 PM

the price is still profitable and it is still bullish if you compared it to the price in a couple of two months ago.

The most important part is this.
Until now, Bitcoin price is profitable in almost 75% of time and i am pretty sure it will be 100% once it returns back to +$18k Wink

Hamphser

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Quote from: ?? on ??

Quote from: Wind_FURY on August 17, 2019, 02:41:29 AM

Buy the dip, AND HODL. Cool

If the deep comes, yes is a buy but at the mean time, the price has started going up, now at $10,400. I think this time is going up for the festive rush. Is always a hodl though.

When there is a dip, trader should buyback immediately to regain its stock of bitcoin after shorting. But it also depends on each trader on what type of investment they have to do whether it's a long-term or short-term.
On the topic, the price is still profitable and it is still bullish if you compared it to the price in a couple of two months ago.

darewaller

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This time around the drop hasn't been that much of a drop. It happens that price moves a bit up and down and that is just normal market days, since bitcoin is an unregulated market there is no central organization checking whats going on and any insider trading or any manipulations or speculations etc etc which means the movements are harsher here.

However, even in stock markets (hell even in gold) there are smaller movements, check any stock you want and 99% of them move up and down slightly every day, maybe cents on the dollar and not hundreds of dollars like bitcoin but they do move, couple cents up (sometimes couple dollars up depending on the price) and couple cents down, that is normal.

We in crypto just do that a lot bigger because we are too speculative and can do whatever we want with the price without being afraid of SEC.

Wind_FURY

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Quote from: Lawrenzoo on August 15, 2019, 01:59:44 AM

Why the fuck is bitcoin declining, any FUD new or any whales dump? Dropped now from $11k to $9k

Bitcoin declared "dead" many times, China banned it, social attacks everywhere, tried to be co-opted by the mining cartel/top merchants, and losing a few hundred points under $10,000 is scaring you?

Buy the dip, AND HODL. Cool

jostorres

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I think it is not declining enough to actually matter, what people do not realize is that as long as there is no wall upside that means the drop is not permanent and its quite temporary. Literally within a day it could go back up to above 12k without a problem because there is very few orders until than but it becomes harder above that. So, this fall is not really something big and should not be cared at all.

I feel like maybe there is a chance of even slightly more falls because people want to get more dollars in their accounts in order to attack more when the time comes, people want to buy more during 12k wall times so that they can break it and than move to above 13 even more levels to make the real money, moving between 9-11 is starting to be boring to people.

fabiorem

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Quote from: Slow death on August 15, 2019, 07:46:50 AM

Quote from: fabiorem on August 15, 2019, 05:49:23 AM

A whale made a bet with CZ and is now shorting bitcoin so that he can win the bet. As simple as that.

and where is the source of it?

https://bitcoinist.com/whale-bets-binance-ceo-10-btc-that-price-will-drop-below-8k/

SquallLeonhart

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Quote from: Stilicho on August 15, 2019, 02:13:26 AM

Funny thing is that ALWAYS when are bombastic news presented like bitcoin 15 000 usd til end of week, goldman sachs analyst confirms the trend is bullish and we will see 13800 usd in few hours.. always it goes down.

That should just be a speculative news, don’t be surprise that he might have also seen the decline but would want to do everything possible to use positive news to stop it from happening to the best of his knowledge, and you see, any little slight decrease, we have lots of people that are too weak and would always panic sell when we have any minor dump from probably a whale.

What I have learn is when all these type of high decline happens, I should just probably keep accumulating more because there must surely be a rebound in price, and even if the price of bitcoin does not get to that $15000 now, I so much have this believe that by the end of the year, the price of bitcoin would have actually reached that and maybe even above that but will corrections, settle at that.

Lucius

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Quote from: leowonderful on August 15, 2019, 09:58:06 AM

Things weren't looking that great even before the selloff started, and to my knowledge there's really been no big news since the start of this besides a few rumors of a Chinese ponzi starting to sell off the coins it's swindled from investors that I've mostly dismissed.

How about that you start read more then title or last post? It seems that most have no idea that if one of the biggest exchanges is down for 6-8 hours price of BTC will go down just because of that. People are just stupid and they do not understand why they can not deposit or withdraw, assuming something bad has happened so they spread panic and directly affecting the market.

Quote from: https://www.binance.com/en/support/articles/360032315391

Fellow Binancians,
Binance will perform a scheduled system upgrade starting at 2019/08/15 02:00 AM (UTC). The upgrade will take approximately 6-8 hours. Binance will suspend deposits, withdrawals, and trading during the upgrade period. Deposits that are not completed before the start of the upgrade will be processed after the upgrade is complete. Please allow some time for deposits to be reflected in your account following the system upgrade.

Topic: Bitcoin Declining. - page 2. (Read 3323 times)