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Topic: BTC will make it, but might be a long winter-Elon musk - page 2. (Read 255 times)

legendary
Activity: 4214
Merit: 4458
maybe he is doing a subtle double meaning.. possibly (for satire, speculation)

he could also mean
winter is a Q4 of a year(we are in now)
long(up) instead of short(down)

thus we could be entering the bull this quarter
hero member
Activity: 1120
Merit: 504
BTC will make it, but might be a long winter."

Today Elon musk tweet this.  What is the real meaning of this? i can not figure the exact meaning of this. can anybody explain?
If Elon Musk says about BTC will succeed in the long winter, it's because he himself already knows that BTC has been successful since ten years ago where when there is a decline, there will always be a bigger increase even though it takes a little longer patience.

So this thing is actually quite simple to understand, because he (Elon Musk) just said about BTC will succeed at a certain time which may be through a bigger price increase, but what needs to be understood is, BTC has been successful for a long time.
legendary
Activity: 2576
Merit: 1655
BTC will make it, but might be a long winter."

Today Elon musk tweet this.  What is the real meaning of this? i can not figure the exact meaning of this. can anybody explain?

Nothing new though, in 2018 we have this kind of sentiments as well, very negative the price of bitcoin started to decline March and onwards. And then we have the Covid-19 scare in 2020, hitting all time low that time around $3k.

So if we have seen it before, then I would say that we shouldn't be scared or surprised because it will be a long bear market, January to December of 2023, and then early part of 2024, prior to the halving. So around 16 months of this bearish sentiments. So it's just a question on how newbies are going to cope with that kind of crypto winter as this is their first obviously. For battle tested investor, could be another hump but they know how to get over.
sr. member
Activity: 910
Merit: 351
I don't know what Elon purpose is, but it is clear that he is definitely preparing to buy cheaply when retail exit the market just like years ago. After that, he will hype it again just like what happen with DOGE. The effect might decrease but crypto is definitely going mainstream. Wether or not this will work again, let's just wait and see.
hero member
Activity: 2240
Merit: 579
Leading Crypto Sports Betting & Casino Platform
BTC will make it, but might be a long winter."

Today Elon musk tweet this.  What is the real meaning of this? i can not figure the exact meaning of this. can anybody explain?
That is the meaning that Accardo told you, that it could take much longer time before this present bear market is over, but no matter what Elon Musk said, bitcoin does not depend on any one speech or tweet, the bear market may be over soon, it may take longer. Do not let anyone discourage you to invest at low price like this.

Surely, not only Elon but even any president will not be able to make any impact on the development of bitcoin but in this situation maybe Elon is making his point and he is cheering the market, which is also a good thing.

I also agree with his thinking, winter this year will be harsher and possibly longer than any previous cycle because we are going through unprecedented things economic crisis, inflation, war shows almost no signs of cooling down, so it is hard to say that the bear market will end soon.
hero member
Activity: 672
Merit: 855
The explanation is clear what it means, just like ELON, many people have said this on social media and here. That's doesn't have any significant effect on bitcoin. People like him just wish to be relevant or maybe have something to tweet but it does not affect the market. If you are thinking on investing into bitcoin do not be discouraged because the market cannot be predicted. Do not let speculations drive you away from this great opportunity
hero member
Activity: 868
Merit: 1094
BTC will make it, but might be a long winter."

Today Elon musk tweet this.  What is the real meaning of this? i can not figure the exact meaning of this. can anybody explain?
That is the meaning that Accardo told you, that it could take much longer time before this present bear market is over, but no matter what Elon Musk said, bitcoin does not depend on any one speech or tweet, the bear market may be over soon, it may take longer. Do not let anyone discourage you to invest at low price like this.
member
Activity: 756
Merit: 17
2023 would most likely be as bearish as 2022
BTC will make it, but might be a long winter."


“BTC will make it, but might be a long bear market". That's what it means. Winter is a term for a poorly performing cryptocurrency market. So, in this tweet, Elon is predicting that the market will plunge for a long time, but will definitely bounce back.

thanks for millions to explain me regarding that. i am not native english man so unable to grab some words.
hero member
Activity: 1078
Merit: 509
Leading Crypto Sports Betting & Casino Platform
BTC will make it, but might be a long winter."


“BTC will make it, but might be a long bear market". That's what it means. Winter is a term for a poorly performing cryptocurrency market. So, in this tweet, Elon is predicting that the market will plunge for a long time, but will definitely bounce back.
member
Activity: 756
Merit: 17
2023 would most likely be as bearish as 2022
BTC will make it, but might be a long winter."

Today Elon musk tweet this.  What is the real meaning of this? i can not figure the exact meaning of this. can anybody explain?
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