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Topic: Bitcoin Is Now Officially In Its Longest Bear Market Ever - page 4. (Read 1059 times)

full member
Activity: 1526
Merit: 111
Pepemo.vip
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
member
Activity: 448
Merit: 10
A Blockchain Mobile Operator With Token Rewards
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.
legendary
Activity: 1806
Merit: 1521
The sad part is when bitcoin goes up like it did today there is never a talk about "bull run" because to be honest we know just because price went up to 3600 or something we are not going to see it go to $10k right away neither. However when it drops to 3400 or something people react like it will go down to 2000 right away.

Why is it easier to make people believe bitcoin will go down a lot and its very hard to show them the obvious reason why bitcoin will go up in the long term no matter what happens?

That's the nature of bear markets. Everyone is negative and pessimistic. After more than a year of declining prices and an 84% drop overall (much worse in alts), a little short squeeze can't do much to dissuade the negativity.

This is actually a good thing to see. Early on in the bear market, people were much more hopeful and confident. Where did the price go? Down!

Bull markets are built on this sort of negativity.......we want people to be this way because it means we're close to the bottom. That's how it was in 2015 too. The ultimate low may not be in yet, but we're obviously getting closer.
member
Activity: 598
Merit: 10
I think this is not the only Bitcoin price on the bear market, because previous history even the price of Bitcoin has continued to be under for almost 4 years, and that happened after a very high price increase, so this takes a long time of patience.
member
Activity: 256
Merit: 62
Its only in its longest bear market if we haven't hit bottom. We may have hit bottom, may have not.
newbie
Activity: 33
Merit: 0
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.
hero member
Activity: 2828
Merit: 611
The sad part is when bitcoin goes up like it did today there is never a talk about "bull run" because to be honest we know just because price went up to 3600 or something we are not going to see it go to $10k right away neither. However when it drops to 3400 or something people react like it will go down to 2000 right away.

Why is it easier to make people believe bitcoin will go down a lot and its very hard to show them the obvious reason why bitcoin will go up in the long term no matter what happens ?

Why is it easy for people to believe a bad thing will happen but they have hard time believing a good thing may happen? Are we so desperate now, are we that much of a financial ruin that we do not hope for good things anymore? Did we already gave up our hope to have a decent economy in the world and see everything as a bad potential instead.
hero member
Activity: 1666
Merit: 629
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 think this process will be much longer and the longest bear in history will not end soon. There has been so much development in this long process, why the bear market is continuing, why I do not think we could not enter into a period of bull. Of course, in the past bull period, because of the very serious rise in the market in these periods can not be revived, but despite the development of this price has not become an annoying event. As I said at the beginning of my message, I think this process will take much longer and a lot of investors will not come to a new bull period until they are withdrawn from the market. Let's see, is the number of days we can reach 4-digit numbers?
member
Activity: 644
Merit: 10
And this period has been a difficult one for bitcoin investors and those who bought large amounts especially when we had high prices.
But for the hodlers,its no loss until the coins are sold,many have lost believe and faith in the system,but I believe patience would prove invaluable at the end
Yes it might be true and i do believe market will recover but it will takes time. Bitcoin has a fundamental technology that will make it valueable. We need to wait for more people to realize that bitcoin and blockchain is the future of our economy.

Exactly, but i don't think so because this is not the longest one because from 2012 Bitcoin faced many fluctuations in the market. Once the SEC starts giving ETF approval then many people start believing the Bitcoin and Blockchain importance, how it is beneficial to the real-time environment.
copper member
Activity: 85
Merit: 0
Now is the time when you can invest in coins if you are thinking about it. And I do not advise you to delay this, because who knows what will happen in the market tomorrow.

coins are unstable which means no matter how they increase today  , tommorow can be a different season for them . that why its okay if we will be delayed because we can still catch up and earn next time  .

@op yeah this is the official .  we broke the record for the longest bear  . some one must create a custom title to honor bitcoin .

how i wish that there will also a longest duration for the bull  . agree guys  ?

Longest bull run? How I wish it will happen. I am really hoping that bear market will end this year. I miss those feeling of excitement. Bitcoin is only our way to be able to build our new home.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
Even on such a long bear market the price of bitcoin have got fluctuations. This is the one that keeps the market stable and gives a constant circulation in the market. After a long a strong bull trend has been experienced yesterday which is now with minor fluctuations. Expect the recovery to continue in the similar manner.
sr. member
Activity: 1344
Merit: 253
That's right because from the beginning of the year until now Bitcoin still has no good changes, even bitcoin is getting down until now which makes bitcoin on the longest bear market
we have to be friends with the market so that we don't get dizzy. indeed it is currently the longest bearish, but if we see from the beginning of the existence of bitcoin, it has increased many times. so we don't need to worry about the current conditions. and of course the market will increase with our patience
sr. member
Activity: 896
Merit: 250
That's right because from the beginning of the year until now Bitcoin still has no good changes, even bitcoin is getting down until now which makes bitcoin on the longest bear market
full member
Activity: 1750
Merit: 118
Now is the time when you can invest in coins if you are thinking about it. And I do not advise you to delay this, because who knows what will happen in the market tomorrow.

coins are unstable which means no matter how they increase today  , tommorow can be a different season for them . that why its okay if we will be delayed because we can still catch up and earn next time  .

@op yeah this is the official .  we broke the record for the longest bear  . some one must create a custom title to honor bitcoin .

how i wish that there will also a longest duration for the bull  . agree guys  ?
member
Activity: 490
Merit: 11
Revolutionizing Crypto Payment Solutions
to be honest, the first time I knew about crypto was when the market was like this, when the market was not good. I haven't felt the sweetness in the crypto world. or am I too stupid? I do not know.
but on the other hand, I often heard about bitcoin last year, so it could reach a price of $ 19,764 in 2017. That gave me great hope when it stood now. maybe with the occurrence of pump in masalalu, bitcoin requires correction in the current year to then recover, even exceed it.
Now is the time when you can invest in coins if you are thinking about it. And I do not advise you to delay this, because who knows what will happen in the market tomorrow.


Currently, the crypto market is starting to improve and there seems to be an increase, so don't delay anymore, I also think that the value starts to improve and hopes to continue to increase again. Investors are starting their activities again optimistically that the future of crypto is better.
newbie
Activity: 19
Merit: 0
to be honest, the first time I knew about crypto was when the market was like this, when the market was not good. I haven't felt the sweetness in the crypto world. or am I too stupid? I do not know.
but on the other hand, I often heard about bitcoin last year, so it could reach a price of $ 19,764 in 2017. That gave me great hope when it stood now. maybe with the occurrence of pump in masalalu, bitcoin requires correction in the current year to then recover, even exceed it.
Now is the time when you can invest in coins if you are thinking about it. And I do not advise you to delay this, because who knows what will happen in the market tomorrow.
sr. member
Activity: 882
Merit: 269
The longest bearish trend will soon be turned to the logest bullish market.  I am happy that bitcoin and cryptocurrencies market has started to pump this afternoon and hope it continues in that way.
sr. member
Activity: 812
Merit: 251
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

Agreed, this is the reality things happen. The longest time ever running of Bear market for the past 1 decade. Before every year bear was happening only for a months but this time it takes more than 12 months already. And we don't know exactly why? there are lot of answers by many here but all of it are just an opinion and speculations only.
full member
Activity: 470
Merit: 102
And this period has been a difficult one for bitcoin investors and those who bought large amounts especially when we had high prices.
But for the hodlers,its no loss until the coins are sold,many have lost believe and faith in the system,but I believe patience would prove invaluable at the end
Yes it might be true and i do believe market will recover but it will takes time. Bitcoin has a fundamental technology that will make it valueable. We need to wait for more people to realize that bitcoin and blockchain is the future of our economy.
it has been waiting too long for the market to recover and it seems that there have been a lot of traders who are panicking so they prefer to secure their assets because they are too long to wait, the main problem is nobody will know when the cryptocurrency prices can recover.
sr. member
Activity: 756
Merit: 250
And this period has been a difficult one for bitcoin investors and those who bought large amounts especially when we had high prices.
But for the hodlers,its no loss until the coins are sold,many have lost believe and faith in the system,but I believe patience would prove invaluable at the end
Yes it might be true and i do believe market will recover but it will takes time. Bitcoin has a fundamental technology that will make it valueable. We need to wait for more people to realize that bitcoin and blockchain is the future of our economy.
it's true because it's been more than a year bitcoin in the market like this, and my hope this year until the coming year, of course, in 2020 the bitcoin can experience a big price change
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