Has the Tide Shifted? | Bitcointalksearch.org

aardvark15

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

It’s too early to make this kind of declaration in my opinion. Even though I can see the flaws in Bitcoin in terms of transaction times and high fees, Bitcoin has a lot of name recognition. I think Bitcoin will continue to gain in price as people view it as a store of value to just hold long term. I think the scarcity of Bitcoin will also make it hold value.

armansolis593

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

However will the tide shift now?

Certainly not, before the end of 2017 bitcoin was around $9k soar up to almost $20k, what we are seeing is just the aftermath of the bubble.
Although there are alt that have recently rise and have a good spot at the market, the tide will always be with bitcoin and not with the alt coins.

Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

Will there be a new lingo of "Never go long on Bitcoins"?

Nope not gonna happen, FUDs are everywhere and FUD spreaders are payed to do that against bitcoin, the longer you are with bitcoin the more you will gain from it, just dont believe on everything you see on the internet, some news are meant to destroy its competitors.

CryptoBry

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Quote from: dothebeats on December 29, 2017, 01:29:44 PM

And isn't this thread just one of the FUDs that happened to belittle an opposite idealism? Look at how irony works lol. Whatever works on a certain person should be the one he/she follows to make a profit since not a single strategy works for all. I've been shorting and holding bitcoin for years now and I don't even have a mixed opinion about the two strategies since it works for me. Those who held long still are in profit, and those who tried to short during rises end up being burned. It's a case by case basis; certain strategies work on certain events so you better act/trade accordingly in order to not get burned.

We all have our own strategies in dealing with Bitcoin and one works for one person may not necessarily work for me or on another guy. This is why it is important we devise our way of effective trading rather than just rely on what others might say. Trading can be risky especially when we are just starting but this is also the case with anything we do in life. Personally, I rather hold my Bitcoin on long-term as I am honestly good in shorting.

entrepmind23

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

There have been a number of traders who have been burned because of shorting bitcoin but for those who knows how to manage risk can still do so. Bitcoin has been rapidly increasing and decreasing lately in thousands of dollars so for those who know how to read charts have been very profitable. Attempting to short bitcoin when you are just starting to learn trading is just like giving out your money freely because a single trade can wipe out your funds. I believe that it is just a temporary dip in bitcoin and will be back in the ling side sooner or later.

The_Dark_Knight

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

I will ask only one question, why? The crypto market is bitcoin, there are only a handful of coins that have some use cases, most other coins are nothing but speculative vehicles and nothing more, bitcoin is still at this point in time the lead candidate to be the currency of crypto, yeah I know there are a lot of problems but if you just wait a little bit more we will see a time where those issues are resolved.

gabmen

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Quote from: cybersofts on January 02, 2018, 10:27:19 AM

Quote from: criptix on December 29, 2017, 08:08:08 PM

Quote from: player514 on December 29, 2017, 07:45:11 PM

Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

That last statement made me chuckle. It's really funny how those forum spammers think they'll change the general population's outlook on bitcoin. They don't seem to know that what the public thinks of bitcoin is simply the news that's published and announced for the average Joes.

I don't think it's soon enough to say whether or not Bitcoin will have another rally. It seems like we've been in this limbo period of 13000-15000 for a while now, and there are small gains here and there as well as no huge losses. For now, I doubt we can predict that far into the future.

we have been at the 300-600 $ range for the last 3+ years - that was a while Wink

It is funny how speculations and FUDs are changing the face of cryptocurrency universe. I think 2017 has shown us lots of things to learn from, and to master the atmospheric storms in the market for the future. Cool

I don't even think it has been a month yet since we've steadied at 14-16k. We've been stuck for a longer time before. I agree that people are trying to take advantage of those people that just jumped recently to btc and would be easily rattled by fuds.

cybersofts

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Quote from: criptix on December 29, 2017, 08:08:08 PM

Quote from: player514 on December 29, 2017, 07:45:11 PM

Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

That last statement made me chuckle. It's really funny how those forum spammers think they'll change the general population's outlook on bitcoin. They don't seem to know that what the public thinks of bitcoin is simply the news that's published and announced for the average Joes.

I don't think it's soon enough to say whether or not Bitcoin will have another rally. It seems like we've been in this limbo period of 13000-15000 for a while now, and there are small gains here and there as well as no huge losses. For now, I doubt we can predict that far into the future.

we have been at the 300-600 $ range for the last 3+ years - that was a while Wink

It is funny how speculations and FUDs are changing the face of cryptocurrency universe. I think 2017 has shown us lots of things to learn from, and to master the atmospheric storms in the market for the future. Cool

HeRetiK

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Quote from: TERA2 on January 01, 2018, 06:57:34 PM

Quote from: milkshock100 on January 01, 2018, 09:21:40 AM

None - I repeat none - of the alts can survive let alone prosper without at a minimum a stable price bitcoin.

Bitcoin is the brain - if it dies so does all else

What is ETH then, a kidney? Going the other way, this analogy seems to imply that any of the alts are actually important for bitcoin.

Nice.

However I do believe there are some alts that could do well even without a stable Bitcoin price. Maybe not now, but a couple of years down the road I can imagine some of the alts having prevailed long and strong enough to be able to mostly decouple from the BTC price. Hard to tell which ones those will be though.

richardsNY

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Quote from: BitHodler on January 01, 2018, 09:18:02 AM

The only reason altcoins are peaking right now is purely based on USD and Bitcoin's increase. Look at the majority of the top altcoins ~ per their satoshi ratio, they are still massively down, which is what people here tend to ignore.

Correct. I see quite some people 'worry' about how Bitcoin's dominance is decreasing versus the rest of the market due to altcoins becoming more popular, but another thing people ignore, is that altcoins don't need to increase in order to gain value and thus have a higher market cap. Altcoins just need to stay at the same levels, (where they even went down versus Bitcoin as you pointed out), to increase in value as long as Bitcoin is increasing in value. It basically means that altcoins aren't actually gaining popularity, but are just getting lifted up in terms of $ due to how Bitcoin has increased in value. Glad that at least someone here knows how things work.

TERA2

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Quote from: milkshock100 on January 01, 2018, 09:21:40 AM

None - I repeat none - of the alts can survive let alone prosper without at a minimum a stable price bitcoin.

Bitcoin is the brain - if it dies so does all else

What is ETH then, a kidney? Going the other way, this analogy seems to imply that any of the alts are actually important for bitcoin.

criptix

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Quote from: BitHodler on January 01, 2018, 09:18:02 AM

Quote from: tokeweed on January 01, 2018, 04:23:59 AM

I think the 'Never short Bitcoin' rule still applies for the long term and the better strategy is to trade some BTC for some trending altcoins.

It all depends on the moment of entering the market. If you took positions in altcoins before the massive increase of Bitcoin, it would result in a massive loss as per the altcoin to satoshi ratio.

The only reason altcoins are peaking right now is purely based on USD and Bitcoin's increase. Look at the majority of the top altcoins ~ per their satoshi ratio, they are still massively down, which is what people here tend to ignore.

If Bitcoin ends up increasing further in the coming weeks, altcoin's per their satoshi ratio will go down even further. In other words, investing in altcoins with fiat seems to be a better option overall.

Not people - greedy noobs Cry

milkshock100

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None - I repeat none - of the alts can survive let alone prosper without at a minimum a stable price bitcoin.

Bitcoin is the brain - if it dies so does all else

BitHodler

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Quote from: tokeweed on January 01, 2018, 04:23:59 AM

I think the 'Never short Bitcoin' rule still applies for the long term and the better strategy is to trade some BTC for some trending altcoins.

It all depends on the moment of entering the market. If you took positions in altcoins before the massive increase of Bitcoin, it would result in a massive loss as per the altcoin to satoshi ratio.

The only reason altcoins are peaking right now is purely based on USD and Bitcoin's increase. Look at the majority of the top altcoins ~ per their satoshi ratio, they are still massively down, which is what people here tend to ignore.

If Bitcoin ends up increasing further in the coming weeks, altcoin's per their satoshi ratio will go down even further. In other words, investing in altcoins with fiat seems to be a better option overall.

tokeweed

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

I think the 'Never short Bitcoin' rule still applies for the long term and the better strategy is to trade some BTC for some trending altcoins.

And keep in mind, Bitcoin's dominance has been going down and that could continue on for the better part of 2018.

949miner

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The only ones who are always shorting bitcoins are those who are mad about bitcoin or what the real concept is.

I have seen a lot of newbie accounts in here talking crap about what bitcoin is, what bitcoin is going to be.

It is sad.. But this is how the world is at the moment and we should know that this will keep going on for the next few years.

If you are smart enough, you can take profit from a short position, but i would never bet for a short position for more than months! It is like saying; Yeah, well take my money for free!

Quote from: pooya87 on December 30, 2017, 12:11:21 AM

there is no never short bitcoin, or short bitcoin and there is no tide. the time to short is long gone and now we have an unpredictable market which is going sideways for the most part.

pooya87

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trading is all about timing. anyone who doesn't understand this shouldn't be trading at all.
with that said, there is no never short bitcoin, or short bitcoin and there is no tide. the time to short is long gone and now we have an unpredictable market which is going sideways for the most part. you may think you have guessed the "tide" here but you will be surprised when it goes against your guess.

which is why it is best to stay away and take low bid positions, and is why the volume drops at times like this and only goes up when a sudden big drop or rise happens.

HeRetiK

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Quote from: player514 on December 29, 2017, 07:45:11 PM

[...]

I don't think it's soon enough to say whether or not Bitcoin will have another rally. It seems like we've been in this limbo period of 13000-15000 for a while now, and there are small gains here and there as well as no huge losses. For now, I doubt we can predict that far into the future.

I love how one week of going sideways is Bitcoin being stuck in limbo for "a while" with 2 weeks without growth after a year long bull market being viewed as the end of the current boom cycle.

Now I'm not saying that the bull market will continue, it's just kind of funny how long these comparably short timeframes feel when dealing with crypto.

criptix

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Quote from: player514 on December 29, 2017, 07:45:11 PM

Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

That last statement made me chuckle. It's really funny how those forum spammers think they'll change the general population's outlook on bitcoin. They don't seem to know that what the public thinks of bitcoin is simply the news that's published and announced for the average Joes.

I don't think it's soon enough to say whether or not Bitcoin will have another rally. It seems like we've been in this limbo period of 13000-15000 for a while now, and there are small gains here and there as well as no huge losses. For now, I doubt we can predict that far into the future.

we have been at the 300-600 $ range for the last 3+ years - that was a while Wink

player514

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

That last statement made me chuckle. It's really funny how those forum spammers think they'll change the general population's outlook on bitcoin. They don't seem to know that what the public thinks of bitcoin is simply the news that's published and announced for the average Joes.

I don't think it's soon enough to say whether or not Bitcoin will have another rally. It seems like we've been in this limbo period of 13000-15000 for a while now, and there are small gains here and there as well as no huge losses. For now, I doubt we can predict that far into the future.

criptix

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Quote from: jubalix on December 29, 2017, 07:08:35 PM

no its more how do you short BTC.....because you can't forward 100% sell without already taking physical delivery or risk being reneged on. A few legacy trading houses are going to find this out....the hard way.

except you sit on several hundred thousand btc Tongue

jubalix

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no its more how do you short BTC.....because you can't forward 100% sell without already taking physical delivery or risk being reneged on. A few legacy trading houses are going to find this out....the hard way.

btcone111

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Well anyone that's great at timing the market could have made a lot of profit by shorting it from $19K to $12K easily.
Of course everyone's trading timeframe is different it all depends on your own strategy.

dothebeats

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And isn't this thread just one of the FUDs that happened to belittle an opposite idealism? Look at how irony works lol. Whatever works on a certain person should be the one he/she follows to make a profit since not a single strategy works for all. I've been shorting and holding bitcoin for years now and I don't even have a mixed opinion about the two strategies since it works for me. Those who held long still are in profit, and those who tried to short during rises end up being burned. It's a case by case basis; certain strategies work on certain events so you better act/trade accordingly in order to not get burned.

HeRetiK

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

The problem with shorting Bitcoin is that you might be right about the current market trend, but still get hit by a margin call due to short term volatility. Bitcoin is that unpredictable, especially during times when shorting becomes most attractive.

While I get the overall bear sentiment -- after all the market has grown a lot and growth can't be sustained indefinitely -- I don't quite get why you assume that Bitcoin will be "a pyramid shape with $20,000 being its apex". Do you expect people to simply go home and abandon Bitcoin, until it breaks down to zero and is only mined on CPUs again in 10 years time? Markets are cyclical, why do you expect Bitcoin to behave differently?

BrewMaster

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

saying "Never short" is like saying "Always HODL" bitcoin. neither are good suggestions. different times need different strategies and each time you should never go overboard with either of them.

Quote

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

that is a wrong statement.
people who don't understand the market will always get hurt.
for example if you started shorting bitcoin when it reached $19600 and the fall began you could have made a lot of money. but if you start shorting bitcoin now you will be kidding yourself!

Quote

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

i don't see any reason nor any indication of any tide changing.

YuginKadoya

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Quote from: davis196 on December 29, 2017, 06:17:00 AM

Who is saying that?You are free to shoose whatever trading strategy you want.
Shorting will become more and more profitble and more traders will short.I don`t believe that bitcoins massive growth will continue during the next year.There will be high volatility,a few big price crashes and maybe some peak at around 21000 USD during the summer.

Yup! Bitcoin is volatile that we can never say for sure, There can be a resistance or a bullish trend next year anything is possible with bitcoin let's just hope it can be positive for all of us, But that is not a fact to happen because there will be a short end that someone will gain and even losses that one can acquire but again even if bitcoin have a dip, crash, or resistance there will be a time that it can get back up to its bullish state.

TERA2

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The best case in shorting you make a 50%-90% profit. Big deal. It's not worth the massive risk. If you're that bearish on Bitcoin just go to a different market or buy an alt or ripple and possibly make 500% profit instead of 50%, with much less risk

During bitcoin bear markets, liqudiity is being removed and there is less volume and less volatility so it is harder to get into and out of your trades even if they are short. It's also the time when exchanges start glitching, getting shit down, and getting hacked. It's really just the time to leave the market and trade something else.

I think it was one of those big shot banking guys that said they wouldnt short Bitcoin even though they hated it and it was going down.

davis196

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Who is saying that?You are free to shoose whatever trading strategy you want.
Shorting will become more and more profitble and more traders will short.I don`t believe that bitcoins massive growth will continue during the next year.There will be high volatility,a few big price crashes and maybe some peak at around 21000 USD during the summer.

TERA2

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Quote from: NiceSoft12 on December 29, 2017, 05:48:53 AM

It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

I will never go short on Bitcoin, and will rarely go short on anything, ever. It's either go long or find a different market. Shorting is a stupid class of trade - finite gains, infinite losses, and you have to borrow money and hold it on a third party exchange.

Scenario 1: You go short on bitcoin and your trade is doing great. Bitcoin is tanking and you are up 50%. But the exchange gets hacked and you lost all your money even though you were right.

Scenario 2: You go short on bitcoin and the exchange shuts down for weeks. During this time bitcoin rallies 500%. The exchange reopens and you owe the exchange 500% of your investment.

NiceSoft12

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It's always been said "Never short Bitcoins"

That's been the lingo up until now and it holds true. People shorting Bitcoins often got hurt.

However will the tide shift now? It seems like Bitcoin will form a pyramid shape with $20,000 being it's apex.

Will there be a new lingo of "Never go long on Bitcoins"?

A big sign of Bitcon's demise: Bulltards making many reverse FUD threads with multiple accounts.

Topic: Has the Tide Shifted? (Read 446 times)