Topic: Bloodbath (Read 410 times)

considering we are in bear market today majority of big coins are dropping and this is the good time also to buy some few if you have some funds this may not take longer it market only correcting its bullish performance for the 2nd half of 2017 and it only scare newbies and weak hands lolz

I understand how everyone felt about the crypto bloodbath, and I kind of felt the same way too. We need to overcome our fear when we see all reds in CoinMarketCap, because that's pretty normal.

The whales out there are just laughing and taking advantage of the bad news by just simply dumping a percentage of their assets and wait for the newbies and inexperienced traders to go FUD mode so that they can buy more at lower prices.

Think of the bloodbath as an opportunity to get XX% off in buying that digital asset, just like we saw in malls and shops who are on bargain sale. So for me, I think it's like FUD sale.

Just relax and monitor the bitcoin price. We might expect a side way movement now so be more patient and do not close your trade in losing position.

maybe in march we can see if bitcoin will break the price range or not. Its a matter of time.

Well,do you believe the regulators in various countries that say that Bitcoin and Crypto are all schemes to take our money and avoid taxes and
terroism and the dark net?

That is the claim, for increasing regulation and tax compliance and the rest of the FUD...


IF above concerns you, you should take your profits and run...

myself, I mine, I'm legal, my hoard is legal etc

So IF the majority of folk can live with regulation and paying taxes and crypto is NOT used in the above manner all the Gov't and other are FUD'ing about

well, the price will resume an upward path, simply because the majority of us HONEST folk using crypto and BTC will HOLD

and with 80% of all BTC mined

it will HAVE TO AT LEAST GO SIDEWAYS FOR A BIT IF NOT UP IN THE LONG TERM



place your bets, gentleman, are you on the Dark Side of your view of Crypto (banks/gov't concerns) or are you on the light side of crypto (honest use as an alternative

to banks/corrupt gov't's and an alternative way of moving money and a decentralized store of value)


anyway, how I'm looking at it...and I have a significant amount of coin that the dump of BTC in the $9K range...'hurt my tummy' more than a little bit

I do believe however there will now be international coordinated FUD and regulations to limit crypto, but they can only do so much if the majority of us are legal and hold,

even in those countries where BTC and crypto is outlawed....you can still slip it out via USB drive to a relative or whatever outside that country exchange (me thinks)

anyway, pick your viewpoint


(We wanted BTC and Crypto to gain mainstream attention, goes to show: be careful what you wish for, you may surely get it!)

The rule of cryptocurrencies are that a coin "NEVER"  move in a single direction.It has to move in both the directions to grow steadily. So even if the coins are falling down, we need not worry because at a point they will stop falling and then start rising. We should just be patient until that moment and have to wait while the bloodbath is over. I think the bloodbath is over now since we can see some of the coins rising up while BTC is still going through minor dumps. January is probably the month of dump. Let's see what the next month brings us.

all altcoins out there are traded with bitcoin, so when bitcoin value falls, the USD altcoin value usually follows. There are many instances where altcoin will increase significantly during btc decline and this will be a good time to consider trading

Yes, out of the usual fall of every january, it's clear that there are forces that try to create panic just to buy cheap.
What it's sad is that they obtain what they want. :-(

Panic selling, that is the only explanation that you are probably looking forward.

There is a huge pressure on the price right now, huge hands are trying to bring the price back to the bottom again, and that is really happening.

just relax, because it will go up in a few weeks or months from now, it is just all matter of patient and for how much time you can hold on this situation.

It seems to me that this bloodbath - out of a predictable correction - was a provoked one, by big players starting to make declarations with the intent to create panic.
The impression is that the "bigs" (central banks, governments, megacorporations,...) want to enter in the bitcoin game, and they try to pay the minimum price possible.
I predict much more losses, at least until february.
Then we'll see.

The problem is we don't know when this bloodbath will end. Yesterday all my altcoin are slowly recovering from a big drop. But the price drop today. I hope this drop will end soon.

Seems the bloodbath has come to its end for this season well as expected a huge drop in bitcoin price takes place I'm not surprise seeing all other alts drops but good thing I am a believer of cryptos that what we have  just experience is only a matter of fluctuations and a normal activity. I don't count whatever profit or loss I have now on my investment because it wasn't over yet and I'm still holding my coins till now

I am sure for Racekid,  this would be his first time facing this big correction. That's why he feels like he is going through a bloodbath. As an investor he or she should have a mind to accepted.  The values are getting changed slowly. Bloodbath is getting cleared.

I suppose that people who are crying bloodbath on bitcoin are people who invested wrongly. They misjudged the market, expected it to keep going bullish while at $19,000 or thereabout, the market was looking for a resistance level. The fall is appropriate and much expected and accepted. It has let of some fake flesh or economically called bubbles, now is entry time again before it gets to $13,000.

If we remember last year that at 13,000, it took some time before it broke lose to $15,000. The market has settled down now. I don't expect a sharp move upward like we saw in December.

So, is not a bloodbath for bitcoin to me but a correction time.

Bloodbath? What did you expect after a 2000% growth in a year?
This was a normal and very expected correction, and it's a bloodbath only for who bought bitcoin at the top value in december.

A bloodbath? That was not a bloodbath, it was a market correction which in good part was recovered within one day. You have not experienced a real bloodbath, trust me, trust the words of Joseph Stalin.

Now you're working at your holdings right? Forever Hodling haha your timing's never been perfect well not only you suffers from that almost all are facing that situation so dont be sad haha. Keep Holding until your patience runs out.

This correction is really good for the crypto market. To be honest no one knows exactly if it is over but i am confident that this is not the beginning of the end. People who are saying that have their own agenda. I am possitive that after this correction another price rise will happen. So just hold your coins and let the weak hands sell.

I agree with you and I think this is the great time to buy Bitcoin and Altcoin in lower price. and now all the coins price increases again. It would be very profitable if buy it now.

Is it really a blood bath? I am seeing it as a huge sale. This is a great time to buy and get more bitcoins at a lower price. When this sale ends everyone will ask if will bitcoin gonna be cheap again. Just relax and take a break.

I'm not sure that it is over , seems like the market doesn't know what is wants to do. I think we will be in a bear market trough February.