Dont let them fool you. We will see a NEW BOTTOM. Maybe BTC at 3400$ again? - page 5.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: ChiNgadOr on January 12, 2020, 11:12:04 AM

Well, mark these words: this halving will be the turning point.

When BTC is not able to reach new highs, people will really lose faith on exponential gains.
As you say, anything coould happen.. but seems the direction will be down. There an increasing lack of interest from investors, the only way this pumps high, will be with Tether doing like FED.. said that, minting free money. By the way, the New York City State's prosecutor will enjoy the lawsuit against Bitfinex and Tether for market manipulation..

"Lack of interest from investors"....how so? Why did the chart recently double bottom in the $6,000s and then rally to the $8,000s? That indicates buyers overtaking sellers.

This rally has been slow and orderly (unlike the short squeeze in late October) and open short interest has been quite low for months, so it's hard to see it as just a short squeeze. I also see lots of signs of latent demand.....all the bearish sentiment around here for starters.

ChiNgadOr

sr. member

Activity: 1680

Merit: 278

Quote from: beerlover on January 12, 2020, 10:37:11 AM

First of all it is not the 2.73 but more like 3.33 that holds it, if you could have somehow read your own chart which I have no idea how you couldn't. Secondly bitcoin is not like fiat, having 95% of it doesn't matter because in the end you will have to sell it to turn it into cash and as long as people are deciding on the price someone could have every single coin in the whole world and it could drop to 1 cent so he won't be rich at all, it is all market make world we live in.

Bitcoin is a volatile commodity, do not shame people who think bitcoin will be 20 thousand dollars in 6 months, I think 3400 is as possible as 20 thousand, none of you are wrong, both of those things are quite possible with bitcoin and has always been because there is no regulations and anything could happen in this market.

Well, mark these words: this halving will be the turning point.

When BTC is not able to reach new highs, people will really lose faith on exponential gains.
As you say, anything coould happen.. but seems the direction will be down. There an increasing lack of interest from investors, the only way this pumps high, will be with Tether doing like FED.. said that, minting free money. By the way, the New York City State's prosecutor will enjoy the lawsuit against Bitfinex and Tether for market manipulation.. if you didnt heard the voice or see the text messages recorded about "pumping the market".. search for it.. definitely not funny!

ChiNgadOr

sr. member

Activity: 1680

Merit: 278

beerlover

legendary

Activity: 3052

Merit: 1188

First of all it is not the 2.73 but more like 3.33 that holds it, if you could have somehow read your own chart which I have no idea how you couldn't. Secondly bitcoin is not like fiat, having 95% of it doesn't matter because in the end you will have to sell it to turn it into cash and as long as people are deciding on the price someone could have every single coin in the whole world and it could drop to 1 cent so he won't be rich at all, it is all market make world we live in.

Bitcoin is a volatile commodity, do not shame people who think bitcoin will be 20 thousand dollars in 6 months, I think 3400 is as possible as 20 thousand, none of you are wrong, both of those things are quite possible with bitcoin and has always been because there is no regulations and anything could happen in this market.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: ChiNgadOr on January 12, 2020, 06:03:44 AM

Intro message edited.. my fault. Anyone thinking I would put effort on a post to just some promotion is really paranoid. I posted the link, because I really though it is a great exchange, otherwise I wouldn't risk my reputation working for them. I have been in crypto for a long long time.. maybe I tried 80 exchanges so far, and was greatly dissapointed with the popular ones like Binance or Bitmex with their famous scam wicks, and overload errors, which had a huge loss for so many people.

For someone who has been in business since 1998, posting referral links to a forum where this is expressly prohibited (in post area) doesn't look professional at all. It is also more than obvious that you intend to directly but also indirectly emphasize that the crypto exchange you work for is the best, compared to the 80 exchanges you have used so far. It's a cheap trick that can only fool inexperienced people in the forum, and just one type of advertising packed into a bunch of apocalyptic assumptions.

Quote from: ChiNgadOr on January 12, 2020, 06:03:44 AM

Before you claim I am a fudder, you should better make some research about me. I tried to spread good words and vibe regarding crypto everywhere online and offline for the last years.

What you did before, and what you do now, should not be brought into any relationship, people change with time, and you have become a crypto pessimist from a crypto optimist. In short, you are trying to pass on your current disappointment to others, we should listen to you and sell all our coins on exchange you promote?

Quote from: ChiNgadOr on January 12, 2020, 06:03:44 AM

Anyone thinking halving will be great, and we will get new ATH's had just his brain washed by the BTC maximalisms.
Laugh and cal me fudder while you still can. But hey, dont worry, .. it will take only 5 months to see who was right and wrong... and then the one who failed with his claims, should come to this topic and say "yeah i didn't knew a fuck and was absolutely wrong!" And I am warning you, the bottom is still far away. I though 5K before.. now I will bet for last low at 3.4k.

So in the next 5 months price will drop to $3400? Do you have any specific facts that support it, or is it just your feeling? Personally, I do not reject any of the options, but I also do not think it matters at all what will happen in the next 5 months. The true effects of halving are not expected until 2021, of course, if repeated 2013 and 2017.

robelneo

legendary

Activity: 3416

Merit: 1225

Interesting chart and information, it does prove that there are manipulations ongoing from people that we don't know the next move, honestly, I am not really aware of this chart and the real picture of the supply these whales are in control, are we left on their decision if they are going to crash or going to pump, the next episode will be when the halving occurs.

AbuBhakar

hero member

Activity: 1120

Merit: 554

🇵🇭

Quote from: sisule on January 12, 2020, 08:39:33 AM

Did you make many people panic about your update news about bitcoin price will down again? how come bitcoin have raise above $8000 and you can said bitcoin will back with lower price under $3400, I although have been experience with some exchange market is not way you can said bitcoin back with lower price, supply and demand become why bitcoin up and down and never have exchange account become bitcoin will grow up or down.

Some were still think the price will bring down that much as they wanted to buy btc that low. I don't think btc prize will be that low again even many put many FUD about bitcoin but they will not succeed knowing the price increasing now especially halving is coming.

sisule

sr. member

Activity: 420

Merit: 250

Did you make many people panic about your update news about bitcoin price will down again? how come bitcoin have raise above $8000 and you can said bitcoin will back with lower price under $3400, I although have been experience with some exchange market is not way you can said bitcoin back with lower price, supply and demand become why bitcoin up and down and never have exchange account become bitcoin will grow up or down.

panganib999

hero member

Activity: 1750

Merit: 589

Well, Anything could happen tbh. Just by the facts of showing a logarithmic chart doesn't necessarily mean that BTC would bottom out, and even if it did, doesn't mean that it would bottom out this halving. Though I got to agree with how the halving news is being spread about everywhere and FOMO can literally be seen on every page of the forum. And with that development, you can really expect either a large amount of traders celebrating or a large amount of traders weeping by the end of the year or so.

Quote from: ChiNgadOr on January 12, 2020, 06:03:44 AM

Just for your info, i have been trading since 1998 (yeah, i am a 41 years old guy)

Ur like 22 bro, not 41. Just saying.

ChiNgadOr

sr. member

Activity: 1680

Merit: 278

intro messag updated

barota

sr. member

Activity: 1176

Merit: 286

i dont know why lot of people wait for cheap prices this recent days ; i think prices now very good for buy bitcoin and it will reach 10 k usd soon because halving approaching day by day and and the halving its rare chance that happend every 4 years maybe for buying at current situation of reward mining always

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: thecodebear on January 11, 2020, 10:29:06 PM

There's no need for doom and gloom type posts like this. The market is preceding well and there is no reason to think Bitcoin won't continue on an upwards trajectory long term as always.

Sure there is. As a contrarian trader, I say the more bearish and pessimistic threads, the better. I take comfort in the fact that so many people still think we're headed to $5K and below. It means they've sold or shorted......which also means they need to buy back. That's fuel for the next bull market.

We're a bit more than 4 months from the halving. People sound just like they did in February or March 2016. "The halving is already priced in, the hash rate is going to crash....."

It all seems so familiar.

jhonjhon

full member

Activity: 1316

Merit: 126

Quote from: Wysi on January 11, 2020, 12:19:20 PM

Let's make sure we don't fall in trap again so we need to have a fixed target in mind for buying as well as cashing out, don't just get carried away by FOMO as 2017 and 2018 should be a learning curve for us. I don't think bitcoin will hit a new bottom value but again it might go back to $6k. Better to say active and not to invest right now as it might prove fatal but we could invest if we see a further dump before halving.

I totally agree, we already know that for some reason whales can somehow move the price to their liking but spreading rumors that result in FOMO and it has been going on for like a long time already and as an investor we should already know better. Whether we like it or not FOMO will be there always but what's important is how are we responding to it, we should already know by now what we can do in our part not to be trap or fall on the trap again, we should be smart enough to make the best decision and don't be carried away by anything you hear or say because you might just be disappointed in the end.

samuraijin

sr. member

Activity: 1834

Merit: 261

20BET - Premium Casino & Sportsbook

you promote a referral link on bybit, Does it not violate the forum rules, if I see the topic title I already know you are part of the FUD that usually comes when bitcoin goes up, you are sweating and worry about margin trading that is not in line with your bet, it reads in my mind

Quote from: danherbias07 on January 12, 2020, 04:24:45 AM

Is this one of those created by the FUD group to make HODLers tremble? I don't think it will work much.

It seems so, but unfortunately their work is in vain, a lot of morons like this in the forum because of mistakes in betting on the margin market or futures market so they suffer huge losses and make FUD diforum in various ways, this is ridiculous even looking funny people like this

Hallmader

sr. member

Activity: 1123

Merit: 253

Quote from: Mahanton on January 12, 2020, 04:09:24 AM

Quote from: Hallmader on January 11, 2020, 11:27:31 PM

Quote from: ChiNgadOr on January 11, 2020, 10:57:16 AM

Oh, by the way, if you didn't tried BYbit.com yet, you should take a look because there are some wellcome bonus for trading, and without the need to perform KYC.

The fact is that this is the main point of your post. Is this a referral link?

This is what im trying to say too where the link given is indeed a referral which op should change or edit it.
Im not familiar with Bybit and even this ones doesnt have KYC i wont consider to use this exchange specially
if it isnt that familiar or popular.

Lots of speculation do talk about even btc would go down to $1000 or whatsoever but looking on the current movement
it hard to say that we would go back to these levels.

If I am not mistaken, this forum does not allow posting referral links. The OP should edit it as soon as possible.

Bitcoin falling down to $1,000 is next to impossible. Again, the content is incidental. The main point of this post seems to be the referral link.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Thanks for the heads up but I disagree with some of the points here.
Although, I am glad there is someone who made so much effort just to make this.
It's a lot of work and I don't really like it. Grin

Are we really going to see a new bottom or is it past the due date already?
We should have seen it already in December where people are spending way too much.
I am glad it didn't happen kicking all the FUD's out.
Now, they cannot find much reason to make the bitcoin price down again. There is just none.

Is this one of those created by the FUD group to make HODLers tremble? I don't think it will work much.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: Hallmader on January 11, 2020, 11:27:31 PM

Quote from: ChiNgadOr on January 11, 2020, 10:57:16 AM

Oh, by the way, if you didn't tried BYbit.com yet, you should take a look because there are some wellcome bonus for trading, and without the need to perform KYC.

The fact is that this is the main point of your post. Is this a referral link?

This is what im trying to say too where the link given is indeed a referral which op should change or edit it.
Im not familiar with Bybit and even this ones doesnt have KYC i wont consider to use this exchange specially
if it isnt that familiar or popular.

Lots of speculation do talk about even btc would go down to $1000 or whatsoever but looking on the current movement
it hard to say that we would go back to these levels.

Wexnident

hero member

Activity: 2702

Merit: 672

I don't request loans~

Then isn't the end goal the same if BTC whales buy low and sell high cause of the panic selling of other traders? In the end, as long as you don't panic and observe the reasons for every price increase and decrease, you'd be pretty safe investing right? Additionally, as a long term trader, panicking at the face of a possible change in market in a few months, isn't that kind of bad? Since you're expected to be patient not only for these few months but also for the next few years.

Hallmader

sr. member

Activity: 1123

Merit: 253

Quote from: ChiNgadOr on January 11, 2020, 10:57:16 AM

Oh, by the way, if you didn't tried BYbit.com yet, you should take a look because there are some wellcome bonus for trading, and without the need to perform KYC.

The fact is that this is the main point of your post. Is this a referral link?

thecodebear

hero member

Activity: 2240

Merit: 848

Quote from: styca on January 11, 2020, 05:35:09 PM

Quote from: The Sceptical Chymist on January 11, 2020, 01:05:54 PM

when people think it's that easy, and it could be that these newcomers are responsible for driving up the price recently. Who knows.

Possibly, yes. I was kind of hoping the price rises were a response to the US/Iran thing and that bitcoin was finally showing some signs of being considered a safe haven store of value - I'll concede perhaps more wishful thinking than anything else.

It is very clear it was from the iran stuff, and bitcoin has a well established history of rising during geo-political crises like this. It is definitely not wishful thinking, its ordinary and accepting thinking at this point.

Its not like suddenly tons of newcomers entered crypto the exact day the iran stuff started, and then another wave entered the exact day the second round of iran stuff happened, and then they sold some of that as soon the iran situation seems to possibly have cooled off for the time being, and that this had nothing to do with iran. When you have to contort coincidences into a pretzel to make a point, its likely a fairy tale and the simple common sense answer is correct. Iran stuff caused the price to spike, then Iran stuff stopped for at least the present so price stopped rising and is now in a holding pattern for the time being. As the guy even says, "who knows", and he certainly doesn't, he's just throwing out random conjecture to go along with his bearish outlook.

Topic: Dont let them fool you. We will see a NEW BOTTOM. Maybe BTC at 3400$ again? - page 5. (Read 1376 times)