Bitcoin's future is DOWN - page 6. | Bitcointalksearch.org

figmentofmyass

legendary

Activity: 1652

Merit: 1483

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

• IF that is so, then that entire episode actually means nothing, and...

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

• This will be slow because interim buyers won't want to take the losses.

you realize this all equally applies to the mt gox willy bot?

the fact of the matter is that real demand existed at bubble prices. real buyers were buying at $10k-$20k (and they are suffering for it now). you can't possibly attribute all demand for BTC to price manipulation. that's crazy. it has applicable use cases now, and many people (myself included) are betting on its success (with our real money) regardless of whether the 2017 bubble even happened.

NereuFajardo

member

Activity: 152

Merit: 12

So bitcoin is dead only because there was a crash on the market? came on my friend, the end has not come to an end, we are going to see a lot of downsides on the near future, you need to be more than used to see this kind of stuff in here

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: omonuyak on July 07, 2018, 02:40:13 PM

This is serious and I am beginning to think either to continue holding or sell off. The rate at which bitcoin do go down is higher than the rate it go up for the past 6 months. It seems the market is being controlled by those that wish to pull it down. The best thing to do is to watch and be careful on how we invest now.

Please sell off, so we are free from another impatient imbecile. If you can't understand that what goes up quick comes down quick, you shouldn't be here. Nothing justified the price to go up that high and to stay high -- the healthy correction took us back to levels where the price is much easier to maintain. Most of the downward pressure is gone, and in case we go down further it will be a minor decline from this point. It makes no sense to sell now because you are too late. Smart people buy at current levels, dumbos sell -- in case of the latter they will regret it and buy back at much higher levels. It's called capital destruction.

spartanrules

sr. member

Activity: 700

Merit: 250

I also think that Bitcoin will fall down. But in my opinion it will fall to 1,2 - 3K$ by middle of September. Then it will slowly recovery to the current prices and start full rising in the beginning of spring in the next year.

omonuyak

sr. member

Activity: 882

Merit: 269

This is serious and I am beginning to think either to continue holding or sell off. The rate at which bitcoin do go down is higher than the rate it go up for the past 6 months. It seems the market is being controlled by those that wish to pull it down. The best thing to do is to watch and be careful on how we invest now.

Anismanja6

newbie

Activity: 21

Merit: 0

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

• IF that is so, then that entire episode actually means nothing, and...

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here.

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

I further believe bitcoin will grow and increase in value. Your way of thinking is too negative about bitcoin, and your theory will not happen in the future.

ngusmin

copper member

Activity: 496

Merit: 0

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

• IF that is so, then that entire episode actually means nothing, and...

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here.

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

No one knows the future of bitcoin, and I think you're too quick to make the bitcoin theory fall in the future, but it looks like your theory is based on your own panic.

1Referee

legendary

Activity: 2170

Merit: 1427

It's funny how people are trying to stand up as if they know everything; where were you before all this started? You were probably one of the plenty enjoying the ride up, and now you got burned, you act all bitter. These cycles come and go and are impossible to time and impossible to figure out what exactly caused them, other than the obvious.

In the end all these gigantic pumps are equal to each other, and empty of nature, which has been proven year on year with how the market corrects. Another thing that has been proven year on year is the fact that all time highs do get broken through, and in this case things aren't different. Go with the flow and stop constantly trying to understand something that won't and can't ever be understood.

Tether and the futures markets will get blamed for all (up and down) movements from now on. Is that fair? No, but people are too ignorant to look beyond what's right in their face.

ajqjjj

hero member

Activity: 1498

Merit: 507

Not your Keys, not your Bitcoin

Bitcoin is always bright because every year some fluctuation is happen in the market. But again and again this will raise in constantly so we do not think negatively bitcoin is never down in future but dump and pump is possible in every year. I think year too much dump was occur so this month we should expect some good results.

Tyr808

sr. member

Activity: 606

Merit: 278

06/19/11 17:51 Bought BTC 259684.77 for 0.0101

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

• IF that is so, then that entire episode actually means nothing, and...

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here.

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

Wrong thinking. What has been tethered has pumped the price, and this is irreversible. Price has dropped for other reasons and thus might (will) go up again.

Vistacoin

member

Activity: 98

Merit: 10

I don't agree with you. I think the price of BTC will be up in the future. Compared with the previous years, the price of BTC has increased a lot.

thecodebear

hero member

Activity: 2100

Merit: 813

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

• IF that is so, then that entire episode actually means nothing, and...

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

A few brilliant traders will make money getting in and out during the decline, but all the other players here are just rearranging deck chairs on the Titanic. The only "charting" you need is the big picture here.

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

You're putting wayyyyyy too much faith in that one study that said 2017 was due to price manipulation. There was also a study that came out maybe half a year ago or so that said 2013 was also due to price manipulation...and yet the price went 20x higher sooooo, basically these so called studies are complete BS.

Looking at the BTC charts for the past 6 months says anything but the price is going to $400 in 12-18 months. ha, that is pure crazy talk. It has failed to break down significantly below 6000 3 times over the past 6 months and yet you see it going to less than 10% of that price?!?! That is some bizarre prediction. What the past 6 months really show is a bottom of the market at $6000, and the next boom likely coming in the next 12-18 months in which the Bitcoin price will be targeting $50k-$100k most likely.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:
• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

you made an statement in the first line which you immediately discredit in the next line Cheesy

Quote

Look at BC charts for the past 6 months.

no, look at the charts for the past 9 years. this kind of ups and downs is the most common thing in bitcoin and tether has only been around for a tiny portion of that time.

Quote

It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months.

if you let your imagination go wild then you can imagine anything. you can also easily imagine aliens attack Cheesy

Quote

Unfortunately, there seems to be no reliable way to buy a put on BC for that time-frame, or I would.

then why did you place buy orders at $6100, $6000 and $5900?!!!

jokerlu

full member

Activity: 518

Merit: 102

In this market many millions of dollars a day are moved, not only in the excchanges also in localbitcoin millions are moved in a day, I do not believe that its value goes down to such an extreme, I just know that December are the good medes of bitcoin and insurance this December will have a good rise is just a matter of taking advantage of the curve.

Catch-22

member

Activity: 364

Merit: 16

https://crowdsale.network

This kind of defeatist attitude doesn’t help much, does it? Might as well tell everyone to get out of cryptocurrency right now. As for me, I’m staying put. I don’t wanna miss a thing. Bitcoin forever!

Doterti

newbie

Activity: 65

Merit: 0

Quote from: Patatas on July 06, 2018, 06:07:32 PM

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

Title of the thread conveys enough to understand the post isn't thought so logically.

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

Bitcoin started with less than $1? Did tether even exists back then? FLAWED logic right here.

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• IF that is so, then that entire episode actually means nothing, and...

What?

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

I'm still trying to find some sense of logic in your post. If everyone still holds their coins, how would the value fall? Magically?

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

Last week it saw an upside down value of $600. Falling and Rising is part of the bitcoin economy.

The bitcoin is still increasing and improving the wealth or income that can help the society, even though it has ups and downs still we need to trust and understand the value of bitcoin and with that the bitcoin will help you.

Patatas

legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

By the most logical thinking:

Title of the thread conveys enough to understand the post isn't thought so logically.

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• There's strong evidence that the late 2017 spike in Bitcoin value was due to manipulation via Tether.

Bitcoin started with less than $1? Did tether even exists back then? FLAWED logic right here.

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• IF that is so, then that entire episode actually means nothing, and...

What?

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

I'm still trying to find some sense of logic in your post. If everyone still holds their coins, how would the value fall? Magically?

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• This will be slow because interim buyers won't want to take the losses.

Look at BC charts for the past 6 months. It's very easy to imagine the average value continuing to decay down to $400 in 12-18 months. And that's what makes sense - at least, more sense than anything else.

Last week it saw an upside down value of $600. Falling and Rising is part of the bitcoin economy.

Ris88

hero member

Activity: 2110

Merit: 502

Maybe there are still so many people who are so unsure of the bitcoin system for the future, maybe for now it is still in fantastic price decline in all markets, it does not mean bitcoin will just hurt, this problem there must be a breed that will be much better at the price know yesterday and there will likely be a bigger increase ..

gantez

full member

Activity: 1736

Merit: 121

Quote from: Predict0r on July 06, 2018, 04:27:14 PM

• Bitcoin etc values will decay back to their historical levels prior to pump & dump.

If this happens, what else do you expect the market to do. I was reading and waiting for you to send a link to indicate the short down of bitcoin and probably, the introduction of another.

SunJAB

member

Activity: 406

Merit: 10

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: nanasei on July 06, 2018, 04:40:40 PM

It is illogical to assume that since bitcoins has depreciated to this price within the last 6 months, by the next 6 months it will decline to less than 1000 usd. The market don't work that way.

I do not think Bitcoin can fall below $ 4,000 because its value is much higher. Although Bitcoin and cryptocurrency are facing a lot of difficulties in the current time, the long-term potential is very large so investors should not be too worried because of the fluctuations in this time of the market.

Topic: Bitcoin's future is DOWN - page 6. (Read 822 times)