Calling bottom in September 2018 - page 2.

BlueStackz

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Quote from: Kylapoiss on July 08, 2018, 01:02:58 PM

Quote from: Febo on July 08, 2018, 10:32:25 AM

Quote from: Kylapoiss on July 08, 2018, 07:37:43 AM

Quote from: BrewMaster on July 06, 2018, 10:25:39 AM

here you go, have a merit for your honesty Cheesy

anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.

Cheers for the merit mate!

Is it copyrighted by you? So I can use the name in the future, as I'm probably going to use that phrase again.

I remember the 2015 dip, was watching it live on my phone (I think it went to $144 in bitstamp) and telling some friends that it was a really good time to buy, only one of many listened unfortunately. Let's hope I'll see a big dip this time too and can buy some cheap coinz

I'm gambling a bit atm, keeping my fiat ready to buy some in the 3xxx area.

Buying at bottom or selling at ATH is like winning jackpot. You, me and no one else on this forum won any jackpots so far. It is waste of time to fell bad that you did not sold at ATH or buy at bottom. You will just worry for nothing.

Oh, don't worry, I won't feel bad if I can't sell the peak or buy the dip, if my prediction fails I just spend the fiat for more expensive coins, that's all. So I'm not worrying at all, I just have a gambler spirit and I like to test my own theories out, trying to be subtle makes things more interesting. Being too balanced is boring. And boring is just, boring.

I will talk about the current market situations and not about the future because predictions are not accurate as we have observed many times in the past that actual value differed from predictive value so this difference is due to changes take place in market factors.

The price may go at the bottom in future and may not depend upon demand rate at that time so we can not say anything accurately.

Febo

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Quote from: XinXan on July 15, 2018, 04:27:58 PM

Quote from: Febo on July 11, 2018, 07:02:39 PM

Quote from: XinXan on July 11, 2018, 10:09:50 AM

Quote from: Febo on July 07, 2018, 10:45:36 AM

Quote from: XinXan on July 06, 2018, 04:14:56 PM

Quote from: cydrix on July 06, 2018, 12:15:17 PM

In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.

Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.

We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.

What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$

The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....

That's a normal cycle for new assets that started trading recently. It's not exclusive to bitcoin, just because it happened 5 times or even 20 it doesn't mean it's going to happen again, in fact in this case, the more it happened the less chances to happen again because logically there is going to be a overall ATH set which will not be broken ever.

Yes it is possible that it will eventually be an unbreakable ATH in Gold, not in USD. USD will be worth less and less ( same as now) until it will chase to exist. But I said eventually. I dont expect this unbreakable ATH will happen that soon. Definitely not before 2040. To predict 20 years in advance I dont have proper skills.

XinXan

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Quote from: Febo on July 11, 2018, 07:02:39 PM

Quote from: XinXan on July 11, 2018, 10:09:50 AM

Quote from: Febo on July 07, 2018, 10:45:36 AM

Quote from: XinXan on July 06, 2018, 04:14:56 PM

Quote from: cydrix on July 06, 2018, 12:15:17 PM

In the records of the past two years it shows similar activity by 2016-2017 so we are eurrently suggesting people to invest now before it's too late. If you're gonna trade then why put it all on btc since your risking it why not risk big after all bitcoin has a potential and has a solid standing throughout the web.

Not really. Considering how much the crypto space has changed, looking at the past is not necessarily a good idea. This whole market is too new and still growing, everything is still quite unpredictable. So far the bulls have shown some strength short term, it doesn't mean the bottom is 100% set but it looks more likely now than before.

We had 5 bitcoin cycles so far. I dont believe that now from a sudden that will end. I am positive we will have at last two more Bitcoin cycles. How strong and how long will be we can learn from past. But again we can only guess and cant be sure. We can just predict some events with higher possibility then others.

What cycles? Going up and down is not exclusive to bitcoin, all the markets have up and down cycles. As I said, looking at the past isn't always great in the crypto market, a few months can be useful though. Right now bitcoin looks weaker again but I think it's going to set a higher low daily and then perhaps a lower high and a break from there, as I said the bottom might be lower than 5750$

The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....

That's a normal cycle for new assets that started trading recently. It's not exclusive to bitcoin, just because it happened 5 times or even 20 it doesn't mean it's going to happen again, in fact in this case, the more it happened the less chances to happen again because logically there is going to be a overall ATH set which will not be broken ever.

phpartisanmaster

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Quote from: gabmen on July 14, 2018, 08:18:58 AM

Quote from: choychoy on July 14, 2018, 02:56:20 AM

All are speculation and this will somehow trigger to a good price if people will start buying bitcoin. Although this year has many bad news about cryptocurrency that cause a massive selling on some regions but I'm still optimistic that we can have another good rally for this year.

Good rally? I think so as well. Getting to all time high levels? Probably not. Though personally i think we've already reached the bottom and from here on it'll be a slow moving market until the bulls return

We cant say that the bottom is on september because people can still sell their coins depending on the speculations or news that is being released by the media's and that is the reason you should only invest on a coin that you can hold for a very long time

ajqjjj

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Not your Keys, not your Bitcoin

Already bearish market is continue in crypto market. So we do not worried about any situation because whatever happen in the market this will raise gradually on future. So we should buy continuously automatically Bitcoin will going to moon. I hope August we should expect some positive results and september it will going to peak.

rainezerr401

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Quote from: KobeBriant 24 on July 14, 2018, 12:12:07 PM

I think that we are not going to see those numbers on September, i think that we already reached the bottom and there is no way in that the price can go lower than what we are seeing at the moment, so better to relax now and wait to see what happens

Maybe the bottom will occur on september but remember that the market prices last year is also dumping due to some issues in china but bitcoins still managed to reach $19k dollars before the year ends.

1Referee

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Quote from: arpon11 on July 14, 2018, 11:32:16 AM

I think we should be careful about what the professionals traders are saying here as most time I do ignore they speculations and their do come to pass.

We should discard all these idiots entirely with their empty predictions. If they were that professional they would keept their mouth shut and do their thing without whoring for attention in the media. In the end, you, me, these professional bobos, the girl next door with her 5 dogs, are all on the same level in terms of what we think will happen with the market in the short term; we don't know it.

Don't time the short term market. Don't trade it. Don't think someone else knows more than you so he must be right. Use your brains for once. HODL that shit, don't put it to waste.

KobeBriant 24

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I think that we are not going to see those numbers on September, i think that we already reached the bottom and there is no way in that the price can go lower than what we are seeing at the moment, so better to relax now and wait to see what happens

arpon11

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I think we should be careful about what the professionals traders are saying here as most time I do ignore they speculations and their do come to pass. The bear is going to dominate the major part of this year 2018 and we should invest along as this opportunity may not happen again till 2023.

gabmen

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Quote from: choychoy on July 14, 2018, 02:56:20 AM

All are speculation and this will somehow trigger to a good price if people will start buying bitcoin. Although this year has many bad news about cryptocurrency that cause a massive selling on some regions but I'm still optimistic that we can have another good rally for this year.

Good rally? I think so as well. Getting to all time high levels? Probably not. Though personally i think we've already reached the bottom and from here on it'll be a slow moving market until the bulls return

choychoy

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All are speculation and this will somehow trigger to a good price if people will start buying bitcoin. Although this year has many bad news about cryptocurrency that cause a massive selling on some regions but I'm still optimistic that we can have another good rally for this year.

feelivent

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Quote from: anisoptera on July 08, 2018, 12:15:50 AM

To be honest, i dont think that the price will go lower than what we have already achieved during the last few weeks, so i think that it all will remain just like this (going up at some times) but it all will depend on the FUD and HYPE that is on the market

Yeah you are right. There is no sign for so much dip in the price in the coming months. Now the price is on the way upwards and we will see little or no dip in the price anymore. I am saying this in the light of previous predictions which were all become wrong and the facts were different than that. There will be some corrections at different stages but overall the price will grow.

Febo

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Quote from: BitHodler on July 11, 2018, 10:02:14 PM

Quote from: Febo on July 11, 2018, 07:02:39 PM

The Bitcoin cycles. Reaching ATH and then Bottom and again ATH and bottom. Is quite simple, those were 2 cycles. I would get to bored now to go search for dates of this cycles. But there were 4. Or even more if you count the ones before 2011. Now we are in 5th....

It will be interesting to see what the next bull run will look like, especially because of how likely it is that institutional investors will be fomo'ing with the retail market. It could turn out to be the biggest bull run we have ever seen.

We could potentially see another bull run this year with an ETF approval, and somehow I'm sure that it's not a matter of will an ETF ever get approved, but a matter of will it happen this or next year.

And that's just the first ETF. Eventually there is room for dozens of them, all competing with each other for volume. Bitcoin's spot market will become less relevant just like how that is with gold and other assets.

BitMEX for example already accounts for like 25-50% of Bitcoin's trading volume.

I believe the strength of bull market is influenced of how long cycle of recovery were. So if we will have 40% faster cycle then next bull market will not be as strong as 2017 bull market was that was quite strong since price exceed previous ATH for more then 16 times. But yes, this is not only factor. But i still believe that x16 over past ATH price increase will not happen.

Quote from: sindikat on July 12, 2018, 08:42:21 AM

It is incorrect to compare 2014 and 2018. Now the market is a completely different situation. In 2014, bitcoin was not in the hands of large capital. The big money was just coming in in bitcoin. There was no total control over the use of cryptocurrencies. Many people believed that bitcoin can become an Autonomous currency. But now these moods are fading and the capital is leaving bitcoin.

Yes the price now is $5000 and back then was $500. That is huge difference. But that dont change that Bitcoin moves in cycles as it already did 5 times.

ShineftChaos

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Quote from: Diablomania on July 08, 2018, 11:05:01 AM

I think that we hitted the bottom during the last month when there was a flash dip and the price touched less than $5600 (correct me if i am wrong) but this was the bottom for me, i dont think that we are going to go deeper than that

I believe that the market price will start to pump up again because the market price last year is still down to $3k dollars when it was september and it was just starting to pump up at that time so we can expect a higher price before the year ends.

sindikat

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It is incorrect to compare 2014 and 2018. Now the market is a completely different situation. In 2014, bitcoin was not in the hands of large capital. The big money was just coming in in bitcoin. There was no total control over the use of cryptocurrencies. Many people believed that bitcoin can become an Autonomous currency. But now these moods are fading and the capital is leaving bitcoin.

StImelda

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It is true we see this pattern in bitcoins,but i kind of think it will not have a repeat this year, a lot of factors have changed considerably over the course of time.We are seeing bitcoin moving closely into government regulations and the likes.I am sure we will be bullish soon

--DarkSecrets--

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Quote from: puremage111 on July 12, 2018, 07:02:53 AM

Quote from: Febo on June 29, 2018, 07:21:26 AM

I have no ideas what price will be. I dont really care much about that but while comparing last bitcoin cycle with this cycle (at least what we saw so far) I do believe bottom will happen in upcoming September.

This is start of last Bitcoin cycle in 2014 and this is what we have so far in this cycle:

You can notice that this cycle is a bit faster. Approximately by 40%. Placing this factor to the other data of previous bitcoin cycle I got to month of current cycle bottom and that will happen in September. Recovery should start in April 2019.

So basically we will have almost a year of cheap Bitcoins. Cheapest you will ever get. Do not blew this lifetime chance. It is there for whole year.

And I got this two charts here: https://www.reddit.com/r/Bitcoin/comments/8up21s/my_prediction_take_it_or_leave_it_trading_view/

Thanks for sharing on this
And as what people tend to said it all time
"Trend always repeats based on the history"
Even not a 100% duplicate of chart but there's some psychology factor there

Theres where we see people predict Bitcoin to go over beyond $30,000, up to $60,000 and more

I wouldn't believe in that history because its different from this years.

If we based on a faster movement because it is a short faster movements in downtrend and by August there is a pump and in September probably he's right its another downtrend and searching for much lower bottom.

1Referee

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Quote from: ?? on ??

Below price $5000? aint gonna happen

It's unlikely, but not impossible.

Quote from: ?? on ??

there are a ton of walls in the market that will really pump the price of the bitcoin back to 5500 though it is possible that it will dump with that price.

Walls? Buy walls? Whatever it is that you are referring to, other than the few potential support levels that you can look at, and hope that they will actually turn out to be that, there is nothing that will keep the price above $5000 if the market really goes for it. I personally don't think it will dip under $5000 but we can't take anything for granted in this market.

Quote from: ?? on ??

But demand is getting higher right now also Ber months is coming which the bitcoin price also getting higher and giving us a early christmas gift to everyone who has a bitcoin.

Demand on exchanges has only been decreasing, while the real demand (capital), is flowing into this market through the OTC channels. Unfortunately for people, OTC demand doesn't reflect the price on the regular exchange market, unless the OTC market dries up completely and the demand shifts back to exchanges.

puremage111

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Quote from: Febo on June 29, 2018, 07:21:26 AM

I have no ideas what price will be. I dont really care much about that but while comparing last bitcoin cycle with this cycle (at least what we saw so far) I do believe bottom will happen in upcoming September.

This is start of last Bitcoin cycle in 2014 and this is what we have so far in this cycle:

You can notice that this cycle is a bit faster. Approximately by 40%. Placing this factor to the other data of previous bitcoin cycle I got to month of current cycle bottom and that will happen in September. Recovery should start in April 2019.

So basically we will have almost a year of cheap Bitcoins. Cheapest you will ever get. Do not blew this lifetime chance. It is there for whole year.

And I got this two charts here: https://www.reddit.com/r/Bitcoin/comments/8up21s/my_prediction_take_it_or_leave_it_trading_view/

Thanks for sharing on this
And as what people tend to said it all time
"Trend always repeats based on the history"
Even not a 100% duplicate of chart but there's some psychology factor there

Theres where we see people predict Bitcoin to go over beyond $30,000, up to $60,000 and more

Ansdaoust6

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Quote from: STT on July 07, 2018, 09:39:46 PM

Quote from: BrewMaster on July 06, 2018, 10:25:39 AM

here you go, have a merit for your honesty Cheesy

anyways in 2015 the price had reached the bottom between $200 and $250, there is always some fluctuations in the market so t here is a range of price as the bottom, mostly at $220 though. and the drop that happened was a one time short lived dump that pushed the price to $150 for a couple of hours only before it jumped back up. it was done to test the strength of the buy support by some whale and the fast jump back proved the accumulation that was happening back then.

That is a quite recognisable bottom when it goes to that spike down but its just like ritcher scale movement not really a sustained move. At some point traders or whoever moves a large amount, it could be a collective recognition also, they see that low as a rejection and it becomes a buying point. Same kind of deal to a spike up but it falters quickly, that becomes a trade short for some

In 2015 the market cap was too low and mostly people didn’t trust bitcoin because it was new for them. But now the situation is different and people are aware of cryptocurrency and the importance of bitcoin. It is a fact that whales affect bitcoin price but still people want to buy more and more and when the market capital increases the price automatically increases.

Topic: Calling bottom in September 2018 - page 2. (Read 756 times)