Bitcoin Is Now Officially In Its Longest Bear Market Ever - page 3.

DeadCoin

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Quote from: sijonru on February 25, 2019, 09:59:29 PM

Quote from: raidarksword on February 11, 2019, 06:46:44 AM

I quite agree, it's sad but we have to face the truth that bear market presence is still upon us and i highly doubt that bull market will not come soon as this year based on market situations right now. However, i am still optimistic that bitcoin will surpass all these adversity in the future as we hoping for the next bull runs.

I consider this part of the journey of bitcoin towards the world's digital currencies, because it is impossible for the value of bitcoin to increase steadily like 2017. If the continuous increase is dangerous because observers predict bubbles can break, and the price of bitcoin is very cheap
Therefore the price of bitcoin is corrected naturally to the ideal position, meaning that bitcoin as a currency is very attractive to its users. Now the owner of Bitcoin is dominated by speculators.

Yes, fluctuation is its nature and yes we have been waiting for it to recover. The situation will surely change and yes there seems to be a change last week. Everyone is expecting the market should recover. Investors are really waiting for a huge hike to see a good profit like 2017.

sijonru

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Quote from: raidarksword on February 11, 2019, 06:46:44 AM

I quite agree, it's sad but we have to face the truth that bear market presence is still upon us and i highly doubt that bull market will not come soon as this year based on market situations right now. However, i am still optimistic that bitcoin will surpass all these adversity in the future as we hoping for the next bull runs.

I consider this part of the journey of bitcoin towards the world's digital currencies, because it is impossible for the value of bitcoin to increase steadily like 2017. If the continuous increase is dangerous because observers predict bubbles can break, and the price of bitcoin is very cheap
Therefore the price of bitcoin is corrected naturally to the ideal position, meaning that bitcoin as a currency is very attractive to its users. Now the owner of Bitcoin is dominated by speculators.

shield132

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Quote from: boss.afro on February 02, 2019, 05:14:07 AM

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

Bitcoin's history has never been stable, almost every year is absolutely different and new experience in bitcoin, so we can't discuss from it's history. But I don't know what to call current bear, maybe current fear? Because it really lasts so long, hope is rise but that process in real life lasts so loooong. There are two sides, it continue falls and panic will finally destroy it (I highly, highly doubt that will happen) or price will rise slowly and then very quickly at some point.

toast

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right because the decline of bitcoin always takes a little time but from 2018 then bitcoin until now there hasn't been a good change. so it was the longest bitcoin decline in 2018

chaintee8989

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Quote from: boss.afro on February 02, 2019, 05:14:07 AM

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

the full article can be found here https://www.coindesk.com/bitcoins-price-longest-ever-bear-market

I see an interesting tweet from CoinDesk market below the article. According to that tweet, 3rd halving will continue until 497 days which will be complete on 25/05/2020. I don't know where it comes from, but it seems interesting.

boyptc

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Quote from: Best Dreams on February 13, 2019, 06:01:32 PM

Quote from: boyptc on February 12, 2019, 06:52:16 AM

Quote from: ChrisPop on February 10, 2019, 05:45:52 PM

I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

If it's active and we're going to a 2-year bear market. Who cares? we've got more time to accumulate. That's the good and positive side of this long bear.

I'm not rushing with things right now but I'd like to see that it rise gradually but it's the best if we'll see it pumped quickly.

I really admire your faith and your trust about crypto and to me you seems to be an expert, as you said I must show agreement if bear market stakes more time to be fine so we get more opportunities to have profit, in this time period if you get money you should keep on investing and holding your coin with such sharp determination.

I'm not an expert but I stayed and experienced some things in the crypto market so I'm firm with my belief to bitcoin.

We're officially in the longest bear market, just say so what?

mangsitin

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Yes right, in 2018 and currently Bitcoin still hasn't shown a significant increase, prices tend to decrease little by little, but I think we all should never give up to get success with Bitcoin in the future.

Best Dreams

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Quote from: boyptc on February 12, 2019, 06:52:16 AM

Quote from: ChrisPop on February 10, 2019, 05:45:52 PM

I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

If it's active and we're going to a 2-year bear market. Who cares? we've got more time to accumulate. That's the good and positive side of this long bear.

I'm not rushing with things right now but I'd like to see that it rise gradually but it's the best if we'll see it pumped quickly.

I really admire your faith and your trust about crypto and to me you seems to be an expert, as you said I must show agreement if bear market stakes more time to be fine so we get more opportunities to have profit, in this time period if you get money you should keep on investing and holding your coin with such sharp determination.

boyptc

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Quote from: gabmen on February 12, 2019, 08:52:14 AM

Quote from: boyptc on February 12, 2019, 06:52:16 AM

Quote from: ChrisPop on February 10, 2019, 05:45:52 PM

I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

If it's active and we're going to a 2-year bear market. Who cares? we've got more time to accumulate. That's the good and positive side of this long bear.

I'm not rushing with things right now but I'd like to see that it rise gradually but it's the best if we'll see it pumped quickly.

Yeah i think that's how we should view things right now. If you're not an experienced day trader, better avoid bitcoin. Practice will smaller coins. The top coins it seems are more suitable at this point for long term plans.

No need to become an experienced trader, you just need to be patient and observant in this market.

If you can invest more in bitcoin now, think of it because I already did when it was at the lowest.

gabmen

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Quote from: boyptc on February 12, 2019, 06:52:16 AM

Quote from: ChrisPop on February 10, 2019, 05:45:52 PM

I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

If it's active and we're going to a 2-year bear market. Who cares? we've got more time to accumulate. That's the good and positive side of this long bear.

I'm not rushing with things right now but I'd like to see that it rise gradually but it's the best if we'll see it pumped quickly.

Yeah i think that's how we should view things right now. If you're not an experienced day trader, better avoid bitcoin. Practice will smaller coins. The top coins it seems are more suitable at this point for long term plans.

boyptc

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Activity: 3024

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Quote from: ChrisPop on February 10, 2019, 05:45:52 PM

I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

If it's active and we're going to a 2-year bear market. Who cares? we've got more time to accumulate. That's the good and positive side of this long bear.

I'm not rushing with things right now but I'd like to see that it rise gradually but it's the best if we'll see it pumped quickly.

Tylev

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Quote from: MTVuser07 on February 09, 2019, 03:55:49 PM

You call it a bear market, and smart people will call it a good time to invest before the price rises. You need to think ahead and then you will understand what is happening in the market.

It does not interfere. However, making money in an upward market is much easier than in a stagnant one. When the cryptocurrency market falls in price, everyone practically loses the volume of their savings. When the cryptocurrency market falls, very few people can earn money at this time, the bulk of them suffer losses.

gudjhonson

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Quote from: Crypto Girl on February 11, 2019, 05:52:14 AM

Quote from: awik p on February 10, 2019, 02:35:59 AM

Quote from: Woolles890 on February 09, 2019, 10:26:19 PM

The market is now starting to improve, two days ago it had reached $ 3700 and is now down again by over $ 3600. Pump up for a moment, and can be optimistic that you will go back up again.

news like this that we need now, pumping up investors' trust, so they don't panic about market conditions. we are sure that the market will soar, so we have to hold it or buy crypto, so the market will recover soon. apart from that, hopefully the government will provide support for the development of crypto

As they say this is only a beginning of the beginning and mass adoption is coming on our way so better not to stress out with the price and just accumulate and hold.

Though recently we have some small spikes and people starting to post again if its the start of bull run, well it's not. The fact that with this small spikes many are selling more than who buy as so it will dump more versus from its previous price. If everyone is just accumulating rather than selling then we can see more green candlestick.

The good news, although a little pumping, can at least provide enthusiasm and the panic diminishes. By looking at the market for a moment, surely you will have better information than just listening to less relevant information. Bitcoin is indeed starting to show a positive aura to move, and investors will again find bitcoin better and more useful.

raidarksword

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I quite agree, it's sad but we have to face the truth that bear market presence is still upon us and i highly doubt that bull market will not come soon as this year based on market situations right now. However, i am still optimistic that bitcoin will surpass all these adversity in the future as we hoping for the next bull runs.

Crypto Girl

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Quote from: awik p on February 10, 2019, 02:35:59 AM

Quote from: Woolles890 on February 09, 2019, 10:26:19 PM

The market is now starting to improve, two days ago it had reached $ 3700 and is now down again by over $ 3600. Pump up for a moment, and can be optimistic that you will go back up again.

news like this that we need now, pumping up investors' trust, so they don't panic about market conditions. we are sure that the market will soar, so we have to hold it or buy crypto, so the market will recover soon. apart from that, hopefully the government will provide support for the development of crypto

As they say this is only a beginning of the beginning and mass adoption is coming on our way so better not to stress out with the price and just accumulate and hold.

Though recently we have some small spikes and people starting to post again if its the start of bull run, well it's not. The fact that with this small spikes many are selling more than who buy as so it will dump more versus from its previous price. If everyone is just accumulating rather than selling then we can see more green candlestick.

ChrisPop

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I'm very curious to see if we're going to touch 2 years of bear market, but IMHO I think we're gonna launch the the "rocket" somewhen this summer, maybe later September-October. We need to find the bottom first though.

Finestream

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Quote from: awik p on February 10, 2019, 02:35:59 AM

Quote from: Woolles890 on February 09, 2019, 10:26:19 PM

The market is now starting to improve, two days ago it had reached $ 3700 and is now down again by over $ 3600. Pump up for a moment, and can be optimistic that you will go back up again.

news like this that we need now, pumping up investors' trust, so they don't panic about market conditions. we are sure that the market will soar, so we have to hold it or buy crypto, so the market will recover soon. apart from that, hopefully the government will provide support for the development of crypto

I believe this market will still recover after its long bear trend so regardless of its current price,we should stay optimistic all the time.Once a good price increase is already taking place,i'm sure all investors who have leave bitcoin behind will come again and start trusting and investing in bitcoin again.

Question123

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Almost 1 year and almost 1 month when the value of the bitcoin decrease the value but we still waiting to end this Bearmarket because I think it will be rise as soon as possible. I hope after the end of the Bearmarket and if the market rise better to see this thread the longest Bullrun market in the history takes few years so we can earn more huge money. Everyone wants to see the Bull run so keep holding guys!.

Reid

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Well according to some who posted here it is a false claim.

But if it does so what?
The price aint really the issue now.
It had been silent for quite some time and yet merchants still wont come in.
That is what we needed more than just specualting the price.
Usage of bitcoin thru maybe online shops or an industry which focus on sending payments using bitcoin like electric bills and other kind of bills.

brotherwood12

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Quote from: boss.afro on February 02, 2019, 05:14:07 AM

Bitcoin has officially entered the longest stretch of declining prices in its 10-year history.

The world’s oldest and most valuable cryptocurrency achieved an all-time high of $19,764 on Dec. 17, 2017 on the CoinDesk Bitcoin Price Index and has printed a series of lower price highs ever since, making February 2 (as per UTC time), the 411th consecutive day prices have been in decline.

As such, bitcoin’s latest stretch surpasses the duration of the infamous 2013-2015 bitcoin bear market, which spanned 410 days from its price high to low.

yep and its really hurt my feeling xD , but I think price rightnow is quite stable and have signs that will increse , just wait till 2 year and what will happens

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