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Topic: Fear not,bitcoin will rebounce (Read 1102 times)

newbie
Activity: 147
Merit: 0
June 12, 2018, 06:58:25 PM
Bitcoin will definitely rebounce. We just need to be patient, what's happening with btc right now is just normal. For sure the value of bitcoin will rise again, just stay positive and believe we will get profits agains.
member
Activity: 252
Merit: 10
June 12, 2018, 05:51:40 PM
📌#FEAR NOT
​​📌#Biggest Crashes in Bitcoin history
📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack
📉 -36% June 2012 from $7 to 4 Linod hack
📉 -79% April 2013 from 266 to 54. MTGox stopped trading
📉 -49% Feb 2014 MTGox is gone
📉 -40% September 2017 from $5000 to $2972 China ban
📉 -48% January 2018 Korea FUD. from $19700 to 9500
Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
Well if some people don't want to hodl, we can't do anything about this anymore. There are people who will always sell whenever they feel that there will be a huge drop in price or bad news comes out. But we cannot deny the truth that it is smart move to get out of the market as soon as possible and just re-invest when it drops to its lowest point and there is nothing wrong with that if you want to make profit and that's a normal thing on any investment. We are sure that it will recover soon so there is nothing to worry about the crash. The only problem is we don't know when.
Haha only idiots hold , smart people sell during peaks
Totally wrong, true long term hodlers/investors don't look at the price and don't even care if the price crashes in just short period of time. But I have to agree that smart people sell during peaks and to avoid the price corrections.
I totally agree with you. Some investors now are getting scared because of what is happening with bitcoin and we can't do anything about it if they decided to sell or trade instead of hodl for a little more longer. Maybe they lost more than half of their investment so might as well trade rather that lose all of their capital. But one thing is for sure, the moment that bitcoin dump there is always a possiblity bitcoin will rebounce and the price value will go up. When that time comes huge profits will come in to those who believe and hodl. Fear not just keep on believing.
member
Activity: 156
Merit: 10
February 09, 2018, 06:24:23 PM
Bitcoin is decentralized, it is normal that the market is never certain because we do not know the user behavior, but as long as there is a country that legalize bitcoin ie Japan then everything will be good. and as it happens today that bitcoin prices are rising and soon prices will reach $ 10k and continue to rise without anyone being able to stop.

If it was central, the capitalist people would hold it tight because they never want to lose their holgings, but bitcoin is free and decentralized. That's how it's amazing like a new economic model.
sr. member
Activity: 579
Merit: 309
February 09, 2018, 12:36:16 PM
Bitcoin is decentralized, it is normal that the market is never certain because we do not know the user behavior, but as long as there is a country that legalize bitcoin ie Japan then everything will be good. and as it happens today that bitcoin prices are rising and soon prices will reach $ 10k and continue to rise without anyone being able to stop.
full member
Activity: 266
Merit: 114
February 09, 2018, 11:48:36 AM
As you have given the history of bitcoin it is indeed sure that it will rise again and maybe higher. People just need to stop panicking and just take the drop as a normal thing. As more and more people are getting connected to bitcoin by either investing in it or maybe just researching in it just make it worse by making others tensed at the thought of bitcoin crashing. We just need to avoid those people and believe in bitcoin and make the community strong!
sr. member
Activity: 714
Merit: 254
February 09, 2018, 10:42:40 AM
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
Yes, definitely it would be set all time high record. But have patience. if you saw the history of Bitcoin it will make you blind. because it was fall so many time and similarly it has risen after the falling. so, this the real power of bitcoin. don't be panic just think positive and hold it. and be ready for making huge profit. don't be lose your hope as well as your patience just hold it and see the results. At the end of the it will make you happier when it became more than previous years all-time high.
I have also made a lot of research regarding the history of bitcoin and I can say that it is our biggest mistake in life if we will all gonna ignore having a bitcoin, we can really create things possible here an in fact those who believe in this are now finally enjoying the benefits of this. So, I don't want to waste my time thinking if it will be dead, but putting in my mind that I'll be dead if I don't believe and regret things in the future.
sr. member
Activity: 812
Merit: 272
February 09, 2018, 07:41:51 AM
📌#FEAR NOT

​​📌#Biggest Crashes in Bitcoin history

📉 - 94% June-November 2011 from $32 to $2 because of MtGox hack

📉 -36% June 2012 from $7 to 4 Linod hack

📉 -79% April 2013 from 266 to 54. MTGox stopped trading

📉 -49% Feb 2014 MTGox is gone

📉 -40% September 2017 from $5000 to $2972 China ban

📉 -48% January 2018 Korea FUD. from $19700 to 9500

Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
Yes, definitely it would be set all time high record. But have patience. if you saw the history of Bitcoin it will make you blind. because it was fall so many time and similarly it has risen after the falling. so, this the real power of bitcoin. don't be panic just think positive and hold it. and be ready for making huge profit. don't be lose your hope as well as your patience just hold it and see the results. At the end of the it will make you happier when it became more than previous years all-time high.
hero member
Activity: 1036
Merit: 500
February 09, 2018, 12:04:54 AM
For me, it's a game of patience and timing. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffett

When Bitcoin was climbing, everyone around us was buying recklessly and now when price is falling, the same investors are selling. In fact, exactly opposite strategy should be there in order to earn profits. FOMO affects the common sense most of the times.
Yeah bitcoin is totally about patience and taking decisions on the right time and those who are good in these field are earning good in bitcoin and on the main topic the prices of bitcoin are to decline but this will never happen forever as you have seen in past same happened and bitcoin bounces back to show its worth and those who are future planner they are really happy at this time because they know that prices will start to rise soon and their patience will be going to pay them with higher value profit in coming days.
sr. member
Activity: 719
Merit: 250
February 08, 2018, 06:44:29 PM
As bitcoin is expected to undergo crash or correction, it is also expected that it will bounce back from being down. It's a natural scenario where those who are newcomers in crypto and will not do some research will probably panic sell their holdings without knowing that it's a normal thing.
When we know the past history of bitcoin that price went up and down we can really say that this is the normal situation. Yes a lot of us expected bitcoin will bounce back to it's price rate from Ath. Thus, holding is also good rather than panic selling.
sr. member
Activity: 1022
Merit: 363
February 08, 2018, 06:17:10 PM
Haha only idiots hold , smart people sell during peaks

How can you say that those holders are idiot when in fact most of them are crypto millionaires or billionaires now? Even 50 Cent made tons of money today by just holding on his bitcoins as payment for his album in 2014?

Using the values noted by OP and projecting is on recovery from $5500

A 1000%-3000% increase is well within the possibilities and on the pessimistic side.

I predict the next ATH will be around $55k and even upwards to $165k  Cool

 

I think we already witnessed how bitcoin really recovered from such crashes and then goes up touching new all-time-highs. Technically, any price prediction is really doable. No one can even thought that bitcoin can hit $19,000 but it did. I also see bitcoin hitting $50,000 this year. But we really need to be patience here. Its just the beginning of the year and bitcoin still have a lot of aces under the sleeves. I don't fear this crisis, what I fear is that what you all gonna do with all your money when bitcoin rebounded and hit $50,000 ++ down the line. Grin

So many times bitcoins prove that he will survive on the attacks thrown at him so no wonder for this time around bitcoins will just threw the fuds off once people will forget about it, And bitcoins had so many whales and I really think that those people will let it die since many of them will lose Huge profit if they will not support this coin.
full member
Activity: 392
Merit: 100
February 08, 2018, 06:09:44 PM
As bitcoin is expected to undergo crash or correction, it is also expected that it will bounce back from being down. It's a natural scenario where those who are newcomers in crypto and will not do some research will probably panic sell their holdings without knowing that it's a normal thing.
legendary
Activity: 3080
Merit: 1353
February 08, 2018, 02:26:32 PM
Haha only idiots hold , smart people sell during peaks

How can you say that those holders are idiot when in fact most of them are crypto millionaires or billionaires now? Even 50 Cent made tons of money today by just holding on his bitcoins as payment for his album in 2014?

Using the values noted by OP and projecting is on recovery from $5500

A 1000%-3000% increase is well within the possibilities and on the pessimistic side.

I predict the next ATH will be around $55k and even upwards to $165k  Cool

 

I think we already witnessed how bitcoin really recovered from such crashes and then goes up touching new all-time-highs. Technically, any price prediction is really doable. No one can even thought that bitcoin can hit $19,000 but it did. I also see bitcoin hitting $50,000 this year. But we really need to be patience here. Its just the beginning of the year and bitcoin still have a lot of aces under the sleeves. I don't fear this crisis, what I fear is that what you all gonna do with all your money when bitcoin rebounded and hit $50,000 ++ down the line. Grin
full member
Activity: 267
Merit: 100
February 08, 2018, 01:16:20 PM
Bitcoin is already rebouncing now
full member
Activity: 476
Merit: 124
February 08, 2018, 11:35:22 AM
Truly, bitcoin will recover but not overnight. Everything that is happening in the market is part of the cycle and it will always be an uptrend, distribution stage, downtrend and accumulation stage; you just have to know the entry and exit points and have a good strategy to achieve your target price/goal.
jr. member
Activity: 57
Merit: 4
February 08, 2018, 10:51:12 AM


Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
Yes, they said that they can crushed bitcoin but they could not kill it. Bitcoin is here to stay, so better to buy when the price is low for bitcoin will bounce back strong. Smiley

From what I am reading I think this latest correction is caused by whales cashing out their thousands of Bitcoin, so at some point they will run out of Bitcoin to sell or they will get to the level they want to HODL.  From that point, if/when Lightening Network is in play, along with the good news spreading as the price starts up again, then adoption will continue at an even more breathtaking rate.

The latest correction is not the end of Bitcoin.

Fine to sell if you have the need or desire, but you are a fool to sell Bitcoin at a loss, because brighter days are ahead of us.

Just another bump in the long road we have been on for some time now.
member
Activity: 378
Merit: 10
February 08, 2018, 09:12:20 AM


Bitcoin died thousands of times just to keep on living. HODL SHARE with your friend!
Yes, they said that they can crushed bitcoin but they could not kill it. Bitcoin is here to stay, so better to buy when the price is low for bitcoin will bounce back strong. Smiley
full member
Activity: 560
Merit: 100
February 08, 2018, 08:01:56 AM
Yes for me for every huge dump it will be a huge pump so my holdings drop 70% im still holding it because i know it will rise again it is the strategy of the whales it will spread a fake news to make the bitcoin dump and it will buy more so it have been get profit from it.
Good to hold bitcoin when the dumping of the price it will rebounce. That's good you hold bitcoin and you believe price will increase. All of those who hold will recieve a reward when bitcoin comes to rebounce its price.
hero member
Activity: 1134
Merit: 517
February 08, 2018, 06:50:10 AM
Yeah, it rebounces all the time, that's why so many people are rebouncing checks now.
Didn't the Dow take a dump also?
People might've went out of Bitcoin because they needed the money, they'll purchase it again.
You're right, the sell off was not exclusive to Bitcoin and cryptocurrencies, but cut across the financial markets, even oil had its share.

https://www.theguardian.com/business/2018/feb/06/stock-markets-dow-jones-five-key-factors

http://money.cnn.com/2018/02/06/investing/stock-market-turmoil-global/index.html

Looking at it, critically, it's all about FUDsters running for cover when nothing was actually after them! Nevertheless, all is well that ends well for all those, who would realize that it's all an invitation to grab as much coins as possible, while the opportunity lasts.



sr. member
Activity: 882
Merit: 251
February 07, 2018, 11:10:37 PM
Haha only idiots hold , smart people sell during peaks

Smart people buy when the price is low Smiley

I believe that the guy did not mean seling BTC when the crypto is down. He simple meant the coins' ups and the profits of selling cryptocurrency during this time.
sr. member
Activity: 396
Merit: 252
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February 07, 2018, 05:07:37 PM
Bitcoin doesnt dead thousand times, it only sleeping and resting.
If bitcoin dead, there is no more bitcoin.
The day will come, when bitcoin wake from its sleep.
Then the holders shall earn their gain.

I agree with the logic. If bitcoin is dead, then there must be no bitcoin existing anywhere, in anyone's wallet.
Bitcoin is so strong that I don't think will stumble.
Many will surely get mad if bitcoin will allow itself to die. A lot of investments will be affected and also some who have jobs woth bitcoin. It'sstarting to be part of our lifestyle
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