Bitcoin has done it again | Bitcointalksearch.org

StarofBTC

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Quote from: Rooster101 on May 07, 2019, 01:26:51 AM

At this moment, the price of bitcoin is a few dollars away from $6000, if there is no correction coming along the way, it likely reach it in the next few hours. Bitcoin started its climb in the first semester of this abd gradually making it to $6k, slowly but surely. I'm also wondering what was really the real cause of bitcoin uptrend this year but whatever it is, the important is that the bear market that lasted for more than a year is already fading...

Of course you should expect a correction, when we have so many short time investors that will not keep their fund in one place and start moving it round in the name of short trade, they are the reason why we are always having this bounce back every time bitcoin tries to break a barrier.

I am not saying they dint have the right over their money to pull it out at any point they want, but they would have just studied the market and allow it to successfully break such barrier before pulling it back. Well after the correction, bitcoin is always gathering momentum within few days from new investors to break the barrier and I am sure it will break the barrier soon.

marcbitcoins

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Bitcoin has done it again but this is not the market movement that we are looking for that hopefully that this is the start of the Bullish run in which we have long waited for more than a year now because we have seen these rise ups before but in the end its just the big whales trap.

uneng

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Oh man, btc was in 5700 dollars an hour ago, 0.55%+ (change in last 24h), now it's in 5845 dollars, 0,91%+!
We are reaching close to 6000 dollars, although almost the whole market is bleeding. If we really hit 6000 dollars now, more money should come in the market, especially now that one of the major funds managers of the world, Fidelity, is going to launch a crypto currency service (can Fidelity really boost btc to 8000 dollars as some speculative news say? Cheesy

)

goaldigger

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Its nice to see how optimistic the OP in here and we should also have that kind of characteristics everyday. The market always falls but it always get up after. You know, people just want one thing and thats to get profit in easy way. They are the ones who buy bitcoin when it rocketed to the moon and ending up buying high selling low. Dont worry, at the end of the day, make them see how successful you are.

South Park

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Quote from: 2chase on May 04, 2019, 04:20:28 PM

A few months ago I read various old topics about the price of Bitcoin, many people still in 2011-2013 were also very doubtful and also every time when Bitcoin fell in price - a huge number of haters and pessimis appeared. These cycles are repeated for many years and will be repeated. This is normal.

Newbies should read those topics so they can realize that their worries are not new, if you read really old topics you will see people very excited because bitcoin reached the value of one dollar and many at that point were predicting that it was impossible for the price go that much higher, and we know how that turned out, there are many predicting bitcoin will never reach 20k again and if the past is any indication then we know they are wrong.

fasdorcas

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Quote from: iamike on April 03, 2019, 02:42:16 PM

Many people was wondering if bitcoin can stand the test of time. They were waiting for the day they will announce the collapse of bitcoin. Trust me people yarn for its downfall. When the price of bitcoin dropped to 3.5K, I saw many antagonist of bitcoin and cryptocurrency rejoicing. I advice them that this is not the first time bitcoin has recorded that price and it was going to rise in no time. Now bitcoin has done it again. It is now around 5K and it won't remain there. It is going to rise beyond imagination and expectation. Bitcoin has done it before. To all the antagonist and babylons of bitcoin, never underestimate the power of bitcoin and cryptocurrency. Bitcoin has done it again and it has come to stay. Hail btc!!!

There are lots of people who hate Bitcoin and some of them hate Bitcoin because they never got the opportunity to invest in it, so they envy those that got that opportunity to do so. Just like some people I know that would be afraid to buy but when the price starts to go up, they start to get angry that you’re making profit while they never got such opportunity. Indeed I saw a lot of people that were saying that bitcoin was going to drop down to $2000. I know they will all be shocked to see the price climb to this rate.

Rooster101

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At this moment, the price of bitcoin is a few dollars away from $6000, if there is no correction coming along the way, it likely reach it in the next few hours. Bitcoin started its climb in the first semester of this abd gradually making it to $6k, slowly but surely. I'm also wondering what was really the real cause of bitcoin uptrend this year but whatever it is, the important is that the bear market that lasted for more than a year is already fading...

Viscore

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Quote from: pinoycash on May 06, 2019, 10:34:52 PM

Many people has been shaken by yesterday bitcoin dump Cheesy

only to know that it was a temporary setback and bitcoin always have a full of surprises.,.

Now it was Almost $6000 and we are slowly and steadily going in for $6,500 price mark. Hold on to your Bitcoin's this is just the start

We never panic at this stage, a dump is normal and we called that a little correction.
Bitcoin did not dump below $5,000 during the dump, so nothing is significant with the move, what we like now is seeing it trading at $6000 again.
I believe today we have a chance of hitting that price, I also did not expect this kind of fast bounce back.

radjie

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Quote from: iamike on April 03, 2019, 02:42:16 PM

Many people was wondering if bitcoin can stand the test of time. They were waiting for the day they will announce the collapse of bitcoin. Trust me people yarn for its downfall. When the price of bitcoin dropped to 3.5K, I saw many antagonist of bitcoin and cryptocurrency rejoicing. I advice them that this is not the first time bitcoin has recorded that price and it was going to rise in no time. Now bitcoin has done it again. It is now around 5K and it won't remain there. It is going to rise beyond imagination and expectation. Bitcoin has done it before. To all the antagonist and babylons of bitcoin, never underestimate the power of bitcoin and cryptocurrency. Bitcoin has done it again and it has come to stay. Hail btc!!!

the decline in bitcoin prices to reach the lowest level did not only occur in 2018, but in the previous year the bitcoin price movement has experienced a very drastic price decline, but all that can be passed. even now the bitcoin price movement has experienced a slight increase and I think slowly but surely the market price movements will increase again even though it takes a long time

pinoycash

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Many people has been shaken by yesterday bitcoin dump Cheesy

only to know that it was a temporary setback and bitcoin always have a full of surprises.,.

Now it was Almost $6000 and we are slowly and steadily going in for $6,500 price mark. Hold on to your Bitcoin's this is just the start

Pamadar

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Quote from: noormcs5 on May 05, 2019, 01:22:06 AM

Quote from: 2chase on May 04, 2019, 04:20:28 PM

A few months ago I read various old topics about the price of Bitcoin, many people still in 2011-2013 were also very doubtful and also every time when Bitcoin fell in price - a huge number of haters and pessimis appeared. These cycles are repeated for many years and will be repeated. This is normal.

Bitcoin has come up again from each and every bear cycle and people should now realize this. No matter how bad the market is and no matter how much there is negativity in market about bitcoins, it will still come up strongly.

Learning from this process will bring good opportunities, it's been like this since then and now we still witnessing the current bounce, this is really what is good from this investment currency, you can avail to buy at the bottom then sell it out when the price already hit your target profits, the cycle that's brings lots of investors and traders to take part of this ride.

fullhdpixel

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Quote from: noormcs5 on May 05, 2019, 01:22:06 AM

Quote from: 2chase on May 04, 2019, 04:20:28 PM

A few months ago I read various old topics about the price of Bitcoin, many people still in 2011-2013 were also very doubtful and also every time when Bitcoin fell in price - a huge number of haters and pessimis appeared. These cycles are repeated for many years and will be repeated. This is normal.

Bitcoin has come up again from each and every bear cycle and people should now realize this. No matter how bad the market is and no matter how much there is negativity in market about bitcoins, it will still come up strongly.

That is right, when this tether FUD news occurred and many people felt it will kill the price of bitcoin completely, it actually did a little bit as it broke the price down to $5100, but shockingly, bitcoin bulls surprised them that this cryptocurrency is stronger to withstand any storm, and within a short time from then, we saw some spike in the value of BTC.

Anyone out there interested in bitcoin investment and still doubting the development of BTC and its future guarantee really needs to think twice now, the market is really improving than I expected and it’s improvement has really been an healthy and encouraging one.

noormcs5

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Quote from: 2chase on May 04, 2019, 04:20:28 PM

A few months ago I read various old topics about the price of Bitcoin, many people still in 2011-2013 were also very doubtful and also every time when Bitcoin fell in price - a huge number of haters and pessimis appeared. These cycles are repeated for many years and will be repeated. This is normal.

Bitcoin has come up again from each and every bear cycle and people should now realize this. No matter how bad the market is and no matter how much there is negativity in market about bitcoins, it will still come up strongly.

Questat

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Quote from: acheampong64 on May 04, 2019, 08:55:02 PM

Personally i think Bitcoin can by far be said as the most resilient asset class in history and i think that can he attributed to the fact that it has tested time and criticisms over a very long period of time and it's still embraced by many. We are still early in this, let's wait for what the future will give us.

Everyone is hoping that bitcoin will moon again, it's because it dictated the market and everyone is also holding other coins
that will most likely rise if bitcoin will continues its bullish movement.
People have learn to diversify, they put bit money on bitcoin but they also have some altcoins investments.

acheampong64

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Personally i think Bitcoin can by far be said as the most resilient asset class in history and i think that can he attributed to the fact that it has tested time and criticisms over a very long period of time and it's still embraced by many. We are still early in this, let's wait for what the future will give us.

2chase

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A few months ago I read various old topics about the price of Bitcoin, many people still in 2011-2013 were also very doubtful and also every time when Bitcoin fell in price - a huge number of haters and pessimis appeared. These cycles are repeated for many years and will be repeated. This is normal.

upsidedown75

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Quote from: pinoycash on May 01, 2019, 07:35:06 PM

Quote from: FanEagle on May 01, 2019, 02:12:12 AM

It may be impossible for people to stop selling their BTC because we have trader using the platform to trade BTC, though even if they trade, they still put the money back in BTC for long term investment, but I don’t think selling of BTC is the major reason why we have not seen bull.

Let us imagine that the price of BTC now, which is about $5300, if people sell now, the price will surely drop below that and if people chose not to sell generally, it means the price will remain constant at $5300, but the factor we really need to clamor for, is the one that will make BTC increase from that $5300, which would be for people to keep buying BTC, so we need buyers of BTC, especially in large quantity for us to see bull run.

Yes its impossible but if ever, everyone stop selling on the buywall and just setting up a sell wall then all whales will be force to buy in the sell wall creating a buy pressure and in turn bringing the price of BTC to the moon.

It will be very impossible for people to ever stop selling bitcoin, bitcoin use is beneficiary to people in many ways, people come into the bitcoin space for different reasons, some are for trading, some for investment and while some for payment of services.

Take for example me, I have a work that pays me in Bitcoin, at the moment I was being paid in bitcoin, it will sure add to the marketcap that, but may not stay there for long because I will definitely withdraw it which I am not to be blame for doing so, I was paid for a job done and I have right to withdraw it.

So to stop selling of bitcoin is not the main thing that will see to its increase, we need lots of adopters, at least out of many adopters, 50% will choose to retain their fiat in their wallet after converting for future use.

pinoycash

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Quote from: FanEagle on May 01, 2019, 02:12:12 AM

It may be impossible for people to stop selling their BTC because we have trader using the platform to trade BTC, though even if they trade, they still put the money back in BTC for long term investment, but I don’t think selling of BTC is the major reason why we have not seen bull.

Let us imagine that the price of BTC now, which is about $5300, if people sell now, the price will surely drop below that and if people chose not to sell generally, it means the price will remain constant at $5300, but the factor we really need to clamor for, is the one that will make BTC increase from that $5300, which would be for people to keep buying BTC, so we need buyers of BTC, especially in large quantity for us to see bull run.

Yes its impossible but if ever, everyone stop selling on the buywall and just setting up a sell wall then all whales will be force to buy in the sell wall creating a buy pressure and in turn bringing the price of BTC to the moon.

South Park

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Quote from: wuvdoll on April 27, 2019, 01:30:33 PM

We are still hovering around 5200-5300 levels and I do not understand why people think that is bad, that is still amazingly good. People are so used to going up that they think when we start to go up it will be a forever endless increase without ever falling at all. Of course there will be small falls but considering we were around 3500 levels just a month ago I think we should be super glad that the "drop" is just 5200 levels and that is it nothing further.

snip

Many of those people got in bitcoin in 2017 when the price of everything went up, even coins that were complete trash gave great profits if you could get out of them at the right time and this means they are spoiled, they want a repetition of that year and it is simply impossible for that to happen again, what we are seeing now is closer to the reality of most markets, bull and bear markets are a small proportion of the markets, most of the time we see sideways movement and nothing more and unless they get used to this they will overtrade thinking the next bull market is a few days away, something we know is not true.

sopanbmp

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Quote from: iamike on April 03, 2019, 02:42:16 PM

Many people was wondering if bitcoin can stand the test of time. They were waiting for the day they will announce the collapse of bitcoin. Trust me people yarn for its downfall. When the price of bitcoin dropped to 3.5K, I saw many antagonist of bitcoin and cryptocurrency rejoicing. I advice them that this is not the first time bitcoin has recorded that price and it was going to rise in no time. Now bitcoin has done it again. It is now around 5K and it won't remain there. It is going to rise beyond imagination and expectation. Bitcoin has done it before. To all the antagonist and babylons of bitcoin, never underestimate the power of bitcoin and cryptocurrency. Bitcoin has done it again and it has come to stay. Hail btc!!!

My speculation it's simple if bitcoin price break the resistance at 6000$ that's very clear a bullish pattern! now i'll not offense with your sentence or speculation there, Like you said just need "TIME" will it collapse or not it's not realy matter for me, just play smart! trade with your own research and analysis there is always potencial trading opportunities. Don't be a blind holder or a dreamer. Cheers..

Topic: Bitcoin has done it again (Read 14038 times)