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Topic: Give Your Feedback About Bitcoin Today ? (Read 762 times)

hero member
Activity: 2058
Merit: 710
June 05, 2022, 08:03:38 PM
Whether it's true or not I think we need to wait for it and hope it won't happen,
in crypto it is not easy to predict with certainty due to many factors that affect the market,
we'll see later and hopefully the bull run can happen soon
I am not sure that this year there will be a Bullrun, although there are many possibilities that could still occur and other effects for the market, but I am still not sure that for this year there will be another Bullrun because many coins in the market are now just running in place and not have a move higher, that's what makes me less sure for Bullrun this year.
legendary
Activity: 3780
Merit: 1418
Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.

Bitcoin's value is now so low, what's the reason? give your feedback?

First off bitcoins price is low just because of market cycles.  There is nothing wrong with bitcoin.  Second this is a board meant to discuss altcoins.  There is a bitcoin speculation section you might want to move this to.
full member
Activity: 1568
Merit: 100
COMBONetwork
Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.
Whether it's true or not I think we need to wait for it and hope it won't happen,
in crypto it is not easy to predict with certainty due to many factors that affect the market,
we'll see later and hopefully the bull run can happen soon
hero member
Activity: 1736
Merit: 501
Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.

As long as you are holding the top altcoins, you need not worry, the top altcoins will recover quickly when the bull market arrives. All is just speculation, we will not be able to rely on our own feelings to determine the market trend. When you bought altcoins at a good discount because you thought the market was going to go up but in the end it didn't and now you think it will go down maybe the market will do the opposite. The market always has surprises so please wait and be patient we will soon see the dear green again.
waiting for the bitcoin halving to arrive maybe there will be a quick recovery movement, most of us do situations where our assets are minus is to be patient with the passage of time either at any time we can wait 1 year or 2 years, on the other hand I agree with you if we buy top-ranked coins no need to worry about the bear's condition is happening, the coin already seems to have strong power to rise from new ATH in the future
full member
Activity: 1708
Merit: 126
Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.

As an investor, we should keep in mind that the market is volatile and the bull run couldn't always last that long. The bearish season usually happens and it's the best season for accumulation. If you'll look at the price history of Bitcoin, you'll see how it developed and improved through the years. The market isn't in a good shape and we'll never know when it could hit a good situation again but during this season, fear couldn't save your assets especially if you're holding bitcoin. Patience will always be the key.
legendary
Activity: 2366
Merit: 1023
DGbet.fun - Crypto Sportsbook
Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.

As long as you are holding the top altcoins, you need not worry, the top altcoins will recover quickly when the bull market arrives. All is just speculation, we will not be able to rely on our own feelings to determine the market trend. When you bought altcoins at a good discount because you thought the market was going to go up but in the end it didn't and now you think it will go down maybe the market will do the opposite. The market always has surprises so please wait and be patient we will soon see the dear green again.
hero member
Activity: 2632
Merit: 649
DGbet.fun - Crypto Sportsbook
Something looks like bitcoin may not hold the level of 30k.I already want growth and good news, but as far as I understand, we will not hear them soon.I have already bought some altcoins at a good discount and am ready for a bull run.But something tells me that the whole summer will be so unstable.
member
Activity: 1162
Merit: 58
Hi Guys, here I want to talk about Bitcoin. Basically Bitcoin is the only coin that is in great demand and highly sought after by people who enter the world of Cryptocurrency, even very many people are looking for ways and finding ways how they can get this Bitcoin, of whom there are those who do Mining, Trading maybe also included.

Bitcoin's value is now so low, what's the reason? give your feedback?
and more lower today  look at it now an be frustrated in the value of Bitcoin lol.

https://coinmarketcap.com/currencies/bitcoin/

looks like we are going to witness the lowest Value Bitcoin ever had since middle of 2021 and this will come to really bad market.
the dropping now continues and not even breaking 40k again for the weeks passed,

Today? after experiencing a dump of up to $24k, Bitcoin has indeed lost a lot of marketcap, especially with the LUNA incident which took victims,
yes I am very concerned about it, but we must remain strong, even though losing from the bear market will make us smarter ,
well hopefully Bitcoin can be above $ 30k again and we will be safe
Then at least now the market maintain its position , don't seek for more hyping now but instead in the next months or years.
full member
Activity: 1110
Merit: 104
Today? after experiencing a dump of up to $24k, Bitcoin has indeed lost a lot of marketcap, especially with the LUNA incident which took victims,
yes I am very concerned about it, but we must remain strong, even though losing from the bear market will make us smarter ,
well hopefully Bitcoin can be above $ 30k again and we will be safe
hero member
Activity: 2688
Merit: 588
Today the entire crypto market fell, since Bitcoin fell below $30K. There are some Altcoins that plummeted to minus 90% more in a day. Perhaps this will continue as there is still no sign of Bitcoin bouncing this time around. I think now is the right time to buy coins with the DCA method.
I do not expect the ones that dropped 90%+ to recover to be fair. Has it been done in crypt before? Sure, even ETH dropped around 90%+ just few years ago, its peak was 1500 dollars whereas the bottom after that was 100 and lower, so could it recover? Yes.

But, none of these are second biggest coin and I do not think that they will recover that much. The ones that dropped about 50% will recover probably, that is not something crypto can't do, 2x is easier than people imagine, bitcoin was around 40k, and right now it is not even at 20k, which means that we need less than 2x to reach back to what it was and it could do that literally in just a few days.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
Bitcoin is the only coin had huge demand all the time.The reason for this is very simple,it had 10 years of the trust on the market and people.When the price of bitcoin reached 19k dollars,huge people get into the market.But suddenly the price was reduced to the 10k dollars again.Then the investors was made huge investments.In 2020,the bitcoin price increased again.
hero member
Activity: 2828
Merit: 611
Just HODL , that is what i can say for everyone that have losing their faith towards Bitcoin.
Today Bitcoin is still reasonable. If you look at the post halving after ATH in 2017 even today's decline is not the same as that history. Even the decline after ATH reached about 70% more.  I think there is currently a strong support in the $29k area, and it is evident there is a price reversal. If the support is lost then maybe the Price of Bitcoin will reach the area of $25K and probably the worst to around the price of $22K. I think at the moment the market is still convinced of Bitcoin, there is no change to that. Even Bukele has the option of increasing Elsalvador Bitcoin by 500BTC. Then Microstrategy even prepares a move to anticipate their margin call.
I am pretty sure that it was over 80% for sure. The peak was around 20k, and the bottom was around 3.4k, calculate how much that makes. It comes down to something closer to 83% drop between the difference of the peak and the bottom. So, I can clearly say that we are still doing fine right now.

I know people hate to hear this, people hate to hear that the market is "fine" right now because they lost so much money. They want to feel the pain that everyone feels right now so that they can share their pain as well, they are scared, they are fearing that they will not have any money, some of them already got out and want to hear you say that it will never recover. But the reality is that we are doing fine, and will do fine for the future as well.
hero member
Activity: 2002
Merit: 516
For beginners I think it's natural for them to call the current drop at $30k the lowest price for bitcoin because maybe they didn't see on the charts the previous bitcoin lows in 2017 and 2018
Beginners can do a research about the price and they will figure out that there are much lower prices before than 30k but if we only talk about this year then maybe yes, 30k can be the lowest that we can get because the price seems to be stable now and there are small increases that we experienced earlier.

talking about the causes of the bitcoin price drop so for now there are a lot of factors that affect the price of bitcoin, for example when there is negative news about bitcoin (FUD) reported by governments who hate bitcoin.
Don't forget the manipulation in the price. It can be one of the causes why the price didn't continue to rise as we expected it. Issues in regards to economics like inflation and others, might also affect the price of bitcoin. People should always verify if what they heard on the news is legit and they should not panic and sell in an instant because it can only make the situation more worse.
Is it the right time to buy dogecoin?
May be in coming years it reaches to the level of Bitcoin? But Musk is an influencer now and he will tighten his grip on market. I just want a sincere advice what to do at that time. Also I am not rich and have only a few savings. 
hero member
Activity: 2100
Merit: 546
Leading Crypto Sports Betting & Casino Platform
For beginners I think it's natural for them to call the current drop at $30k the lowest price for bitcoin because maybe they didn't see on the charts the previous bitcoin lows in 2017 and 2018
Beginners can do a research about the price and they will figure out that there are much lower prices before than 30k but if we only talk about this year then maybe yes, 30k can be the lowest that we can get because the price seems to be stable now and there are small increases that we experienced earlier.

talking about the causes of the bitcoin price drop so for now there are a lot of factors that affect the price of bitcoin, for example when there is negative news about bitcoin (FUD) reported by governments who hate bitcoin.
Don't forget the manipulation in the price. It can be one of the causes why the price didn't continue to rise as we expected it. Issues in regards to economics like inflation and others, might also affect the price of bitcoin. People should always verify if what they heard on the news is legit and they should not panic and sell in an instant because it can only make the situation more worse.
legendary
Activity: 2338
Merit: 1084
zknodes.org
Just HODL , that is what i can say for everyone that have losing their faith towards Bitcoin.
Today Bitcoin is still reasonable. If you look at the post halving after ATH in 2017 even today's decline is not the same as that history. Even the decline after ATH reached about 70% more.  I think there is currently a strong support in the $29k area, and it is evident there is a price reversal. If the support is lost then maybe the Price of Bitcoin will reach the area of $25K and probably the worst to around the price of $22K. I think at the moment the market is still convinced of Bitcoin, there is no change to that. Even Bukele has the option of increasing Elsalvador Bitcoin by 500BTC. Then Microstrategy even prepares a move to anticipate their margin call.
sr. member
Activity: 868
Merit: 326
Today the entire crypto market fell, since Bitcoin fell below $30K. There are some Altcoins that plummeted to minus 90% more in a day. Perhaps this will continue as there is still no sign of Bitcoin bouncing this time around. I think now is the right time to buy coins with the DCA method.
hero member
Activity: 1036
Merit: 500
today will be bad history ever in cryptocurrency market, maybe another project could face same thing will luna someday,we must becarefull with all condition which is still uncertain condition . altcoin face serious problem since UST pegged under $1,there is no more confident holding any altcoin, negative effect spreaded around market now.
It is too easy to speculate badly when one of the stable coins cannot maintain its stability but not for USDT and BUSD. Since bad speculation has already been spread in the FUD news then all levels of traders cut losses due to being aware of high losses, of course they don't have to do that because after all the market will recover even though it takes time and support from the community.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
We expect this decline will not be long and the value of bitcoin and altcoins can increase again.
It's the complete opposite of my thinking, look at the market all one red. Many top altcoins 30%, 50% off
Luna is down from ATH119$ and now luna is <1$. We're in for the worst day of the year, war, inflation, Fed rate hikes and now Luna and UST.
today will be bad history ever in cryptocurrency market, maybe another project could face same thing will luna someday,we must becarefull with all condition which is still uncertain condition . altcoin face serious problem since UST pegged under $1,there is no more confident holding any altcoin, negative effect spreaded around market now.
legendary
Activity: 2338
Merit: 1084
zknodes.org
Just HODL , that is what i can say for everyone that have losing their faith towards Bitcoin.
Today Bitcoin is still reasonable. If you look at the post halving after ATH in 2017 even today's decline is not the same as that history. Even the decline after ATH reached about 70% more.  I think there is currently a strong support in the $29k area, and it is evident there is a price reversal. If the support is lost then maybe the Price of Bitcoin will reach the area of $25K and probably the worst to around the price of $22K. I think at the moment the market is still convinced of Bitcoin, there is no change to that. Even Bukele has the option of increasing Elsalvador Bitcoin by 500BTC. Then Microstrategy even prepares a move to anticipate their margin call.
sr. member
Activity: 700
Merit: 250
Vave.com - Crypto Casino
We expect this decline will not be long and the value of bitcoin and altcoins can increase again.
It's the complete opposite of my thinking, look at the market all one red. Many top altcoins 30%, 50% off
Luna is down from ATH119$ and now luna is <1$. We're in for the worst day of the year, war, inflation, Fed rate hikes and now Luna and UST.
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