Topic: Blood-Bath Over? - page 13. (Read 2282 times)
It seems that slowly that market is starting to recover but I don't think the dip is over and we might see another flash price drop. This happened before , just take a look at bitcoin charts and you will see that this is something normal for bitcoin to do and the all markets follows it.
Its not over yet by a long shot. The market is still suffering as of the moment. The marketcap is still down, we need to get at least $500-$600M to be safe. Its still a long road ahead of us, there's still room for growth in 2018. Not worried about this market crash because I believed that it will bounce back and will hit another $20K.
Its really hard lessons for everyone this January. If you are too weak then I'm sure you have sold all your bitcoins and crypto. But if you have that strong hand and you have control of your emotions and know that this is just temporary test, then I'm sure that 6 months from now we all be gonna happy to Hodl and withstand this turbulence.
Its really hard lessons for everyone this January. If you are too weak then I'm sure you have sold all your bitcoins and crypto. But if you have that strong hand and you have control of your emotions and know that this is just temporary test, then I'm sure that 6 months from now we all be gonna happy to Hodl and withstand this turbulence.
It is not over because it is not a bloodbath,,, I have only been in crypto market for a year and this is the third time I have witnessed this. Yes, people will say it is the biggest drop, but small percentages are not terribly different from my perspective. Like you said, this is only temporary and there is every reason to believe the bounce will return. That is what has to happen in a normal market, and like you said also, this will be a lesson to be learned by impatience. People need to treat crypto with the respect it deserves.
Or a dead cat bounce. Thing happen fast in the crypto world, so we will probably know in a few days if the rally is back on or it we headed for a deeper dip.
You were correct in your prediction, it seems we recovered a little but now we are in a bigger deeper hole, I'm not worried but I cannot blame those that are panicking with the current events especially if they invested when the price was high, it seems we will be in this path for some time before bitcoin begins to show any kind of signs of recovery. I amafraid that it really can be a dead cat bounce. I do not hurry to invest. To my mind it is worth waitng two weeks and see how the situation will develop.
And I also don't believe in 700 billion.
We have expecting more for these, that's why we should keep on fighting. I know there's always a sunshine after these bloody storm. Do people selling their coins, but still we can't blame them because they are not familiar in cryptoworld and they just actually afraid of losing their money. And I also don't believe in 700 billion.
Sooner or later, the market will recover volume and will grow, but when.... the main patience
What the hell happened? Apparently BTC and altcoins all went up at exactly the same time.
We should be careful after this mini rise as the three bears might come home and be like who's been pumping myyyy Bitcoin
Blood-Bath Over is not over yet, but I believe this is not dead cat bounce. It is just this time of the year combine with couple fake news and some whales made a fortune.
I amafraid that it really can be a dead cat bounce. I do not hurry to invest. To my mind it is worth waitng two weeks and see how the situation will develop.
And I also don't believe in 700 billion.
Many of us or all of us are now afraid for what is happening in crypto market we are seeing more reds. I dont sell all my coins because if i do that i will be in loss also by selling altcoin and bitcoin will helps to make the value dump much better to buy than selling. And I also don't believe in 700 billion.
I amafraid that it really can be a dead cat bounce. I do not hurry to invest. To my mind it is worth waitng two weeks and see how the situation will develop.
And I also don't believe in 700 billion.
And I also don't believe in 700 billion.
There is far too much abuse in the crypto industry. And the unjustified rise in prices at the end of 2017 will now result in an unjustified fall in prices.
However, the many possible causes must make everyone think.
Including a scandal related to Tether’s dollar-pegged cryptocurrency USDT, which some analysts believe was used to purchase bitcoin and artificially inflate bitcoin’s price.
And just a few days ago, it became known that the currency Tether and the popular trading exchange Bitfinex, which have the same CEO, are also under suspicion of fraud. The US authorities have apparently summoned the leaders of the two companies.
However, the many possible causes must make everyone think.
Including a scandal related to Tether’s dollar-pegged cryptocurrency USDT, which some analysts believe was used to purchase bitcoin and artificially inflate bitcoin’s price.
And just a few days ago, it became known that the currency Tether and the popular trading exchange Bitfinex, which have the same CEO, are also under suspicion of fraud. The US authorities have apparently summoned the leaders of the two companies.
It seems it's not over yet. The global Marketcap continue decreasing to 400B. Many weak hands are turning their coins to fiat because they are afraid of Cryptos end.
Its not over yet by a long shot. The market is still suffering as of the moment. The marketcap is still down, we need to get at least $500-$600M to be safe. Its still a long road ahead of us, there's still room for growth in 2018. Not worried about this market crash because I believed that it will bounce back and will hit another $20K.
Its really hard lessons for everyone this January. If you are too weak then I'm sure you have sold all your bitcoins and crypto. But if you have that strong hand and you have control of your emotions and know that this is just temporary test, then I'm sure that 6 months from now we all be gonna happy to Hodl and withstand this turbulence.
Its really hard lessons for everyone this January. If you are too weak then I'm sure you have sold all your bitcoins and crypto. But if you have that strong hand and you have control of your emotions and know that this is just temporary test, then I'm sure that 6 months from now we all be gonna happy to Hodl and withstand this turbulence.
They hype of crypto also slowed down a bit so I think that will affect this bounce.
People would love to hear that there will be no Cryptocurrency banning any where in the world so they could buy more coins as they like as I do.
The Hype and struggle is real, investors are eyeing on the best coins that deserves investments and traders still wait for perfect timing before they hit that buy buttons.
Yes! Bloodbath isn't yet over.
Crypto crisis or crypto bloodbath isn't yet over because we're still under 500 Billion market capital and currently 400 Billion market capital and perhaps would increase within next few hours.
Probably when we pass out 600 Billion market capital then we could declare the crisis is over.
But for now, people are so busy on buying their favorite coins while everything are on sale.
Probably when we pass out 600 Billion market capital then we could declare the crisis is over.
But for now, people are so busy on buying their favorite coins while everything are on sale.
They hype of crypto also slowed down a bit so I think that will affect this bounce.
it seems that we've recovered 100 Billion over night putting us right back at 550 Billion at the time of writing this. Are we heading back to 700B?
What do you think?
Morelikely yes,investors are coming in again,money from alts are slowly being transfered to bitcoin from time to time expect some bull run as the bears are finally tired.What do you think?
There's often a crash in January followed by a recovery afterwards. Hopefully we are heading back up, but nobody can irrefutably say what we are heading for.
Do we have stats on crash and pump based on calendar, you day it often happend in January, maybe we should start a calendar on crash and pump
Right now the bloodbath still ongoing marketcap around $381 billion and BTC already oversold at stoch RSI 1 day time frame. Soon it will bounce so this the perfect also to buy now.
After such a deep correction there will be a high growth, but returning to the bar 700 will be very difficult and it can take more than one week
It just reinforces the advice that I received at the beginning to never invest more than you can afford to lose (or at least don't need access to and can wait for a recovery!). There will be plenty of people buying up at these prices and hoping to see a significant recovery in the coming weeks. Here for the long road.
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