It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
The actual cool stuff that Segwit is reputed to deliver?
Topic: Dump the news? - page 2. (Read 1081 times)
The actual cool stuff that Segwit is reputed to deliver?
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
No dump imo. Why? Because weren't going parabolic to 6k+. Everything is priced in, the market knew SegWit was coming and in between the upwards movements which partially had been pretty steep, we saw regularly cool downs.
So imo the actual price is pretty fair and can not see any crazy dumping happening without any siginificant reason. The next thing we need to pay attention to will the 2x/NYA FUD and their coming fork in November. This will definitely influence and shake the market again.
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
With crypto you just never know what's going to happen next. People thought that $2,000 is too high and were waiting for correction to buy the dip, than we suddenly got $3,000 after August 1st and people again wondered if it's the top, now we are at $4,000 and as always no one knows what will happen next. If you want to make educated guesses, you need to gather some information about upcoming events from miners, developers, major services.
I think we are safe now correction was at 3600, and someone tried to push price down, couple times without success, we can expect now uptrend. Why not, now when everything went fine and when Bitcoin showing strength. Crash didn't happen, as it was expected. 
5000 here we comes!
5000 here we comes! 
it is probably already too late 
it usually is, the news always makes its effect when it comes out not when it actually happens and news came out a while ago and now it is the "due date" of that news. which means any kind of dump the news has already priced in and we are back to normal.
it usually is, the news always makes its effect when it comes out not when it actually happens and news came out a while ago and now it is the "due date" of that news. which means any kind of dump the news has already priced in and we are back to normal.
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
The thing that will fuel the hypetrain next is BTC staying strongly above 4k USD. I guess a lot of people sold on the way down from 4.4k USD in the hopes of a drop and buying back in later. Should no major drop happen those people will try to beat each other to the hypetrain before it's leaving again.
The real question here is how long before Bitcoin can't be stopped on its exponential way high? Billions of fiat money found their way into crypto and we should already be over 10k per BTC.
I understand how they control the Gold market but I don't think they could do the same with bitcoin for long.
Time will tell
I understand how they control the Gold market but I don't think they could do the same with bitcoin for long.
Time will tell
The same cartels that are manipulating the Gold price, might shift some of their Gold investments into Bitcoin and as Bitcoin whales, they could manipulate it's price too. This can be done with any commodity, if you dump enough fiat into it. The super rich can manipulate what they want, when they want to, if the market is small enough.
This might already be the case, because most Bitcoin owners are early investors and those coins are not in circulation. So the available bitcoins that shift market prices, can easily be manipulated on several exchanges.
The real question here is how long before Bitcoin can't be stopped on its exponential way high? Billions of fiat money found their way into crypto and we should already be over 10k per BTC.
I understand how they control the Gold market but I don't think they could do the same with bitcoin for long.
Time will tell
I understand how they control the Gold market but I don't think they could do the same with bitcoin for long.
Time will tell
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I also waited for a dump on the news. Never mind, it is nice seeing BTC rising strong but I guess there will be a minor down trend... when the excitement has worn off.
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
Well, this is just a natural cycle for Bitcoin. In fact, a lot of people are actually wishing that Bitcoin can dip a little so they can get in cheaper. Price corrections are a way for Bitcoin to avoid a big bubble which is not healthy at all. The market can always find anything that can be the reason why the value can go down but we have seen Bitcoin getting resilient all the time. Just hold on to your Bitcoin and you would be fine as the train is moving up.
Yup, correction had happened when it went down to $3600 but now it has rebounded to $4100 so I think the Segwit activation is already price in. But let see, if the steam will continue to the next stop of $4500. I also surmise that there are still new faces who want to enter whether if there is a dip or not. So likely that the price could go along the line of $4500-$5000.
I'm going to hold on I much as I can. I don't want to sell and regret it later when I see the price goes up. But sometimes its really hard when you see that your initial investment has already tripled or quadrupled.
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
Right now, some people are worried about a fork with Segwit 2x. If that doesn't happen, the price could start rising again. We could say that with respect to Bitcoin, the market believes that no news is good news.
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
Well, this is just a natural cycle for Bitcoin. In fact, a lot of people are actually wishing that Bitcoin can dip a little so they can get in cheaper. Price corrections are a way for Bitcoin to avoid a big bubble which is not healthy at all. The market can always find anything that can be the reason why the value can go down but we have seen Bitcoin getting resilient all the time. Just hold on to your Bitcoin and you would be fine as the train is moving up.
sorry bra the correction has already happened down to $3600 and the "hammer" of Thor is also visible after it
It did rise a fuck ton last weeks. Now segwit is in. What are they fueling the hypetrain with next? Time for a correction?
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