Topic: How low will this bear trend go? - page 14. (Read 1565 times)
I call it around 3k$ per bitcoin. The current dip on the prices is due to the number of people holding their bitcoins hoping that the price of it will increase. It is risky since if the mentality of consumers is to keep it, then bitcoin trading will be slow and not active thus making the prices of it decrease.
member
Activity: 283
Merit: 23
TEU - bitcoin for shipping ICO: 15/Mar - 12/Apr
I find it really hard to predict since I am a newbie in the crypto world and I don't know anything about Technical Analysis.
No one knows the exact answer. The market is so confusing recently but still i predict that we might see 5000 $ before the real increase comes.
I also disagree that prices would have surged higher. Why would they do that at their expense. Once they see that they cant make money in the market when its going up, they would start planning to make money by it going down and its what they exactly did.
Then you are not disagreeing with me
You are disagreeing with your own point. I said that they wouldn't pump Bitcoin beyond December highs so that folks who had bought at those highs or close to them wouldn't be able to profit at the expense of Wall Street. Then you said that I must have been kidding if I hadn't expected these dudes to "enter the market when BTC went to its all time high". Now you start to repeat my own words, basically ditching your own position. Obviously, that won't work out and I won't let you get away with that either. So you wanted to talk about who was kidding? You have the opportunity, go ahead
A bear trend will go depending on how much people are selling their coins due to people panic selling, misinterpreted news and rich people manipulating the market. There are many factors that makes it as well if the trend is bullish.
When the price of bitcoin fell below $ 9,000, I would not be surprised if we see $ 7,500 and $ 6,000. And probably it will be so. Bad news continues. Whales need more sacrifices, it is necessary that more holders sell bitcoins
My friend I don't think so this is a bad news because I have seen some people who want Bitcoin to decrease as low as $5. It is not that they hate this coin but desperately want to earn it. This is not possible rather difficult for most of the investors due to the high present value of Bitcoin. Even after such a big downfall, Bitcoin is the most expensive digital currency making it nearly impossible for an average person to buy a whole of it at one time. Like I use to say whatever happens, happens for some good reason.
I see bitcoin come down to $5,000 lowest. Beyond this will be a bad signal for bitcoin.
This will last longer if the whales, people who hold a significant amount of bitcoin, sell off their coins which causes a huge dip in the prices and those that panic sells their coins as the prices drastically go down. But now, the prices are climbing back up steadily unless there's another massive sell-off. The news is also a major contributor to the dips.
I have read this news from coindesk (https://www.coindesk.com/floor-found-strong-volumes-push-bitcoin-above-8k/). So we've been seeing green for the next few days. Don't know if it will continue to do so, but I feel positive about this.
The market is green again and we are once again profitable from them. I invested $ 50000 in bitcoin at the time its price was $ 6000. The current price of bitcoin is $ 8000. I really had a lot of profits in just 2 days. You should take this opportunity to invest in bitcoin and I believe they will increase to $ 10000. That's all I know and that's my advice.
I have read this news from coindesk (https://www.coindesk.com/floor-found-strong-volumes-push-bitcoin-above-8k/). So we've been seeing green for the next few days. Don't know if it will continue to do so, but I feel positive about this.
Currently, the price of btc is slowly recovering but it's not definite if the price will go bounce back again with its old price or will it go bearish till 6-5k usd. It's really dependent on the whales who can manipulate the market with their holdings
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
What would make these guys enter Bitcoin?
What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am
What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.
Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.
Yes, you got it right
The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets
I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then
Whom are you talking about here?
I'm talking specifically about the Wall Street wolves and sharks. And no, I don't think that they had been buying Bitcoin when it went to its all time high. They might have been shorting Bitcoin then, and this is what I'm talking about. So let's be precise about what I mean and say. If you think that they might have been buying at highs, well, I guess you will have a hard time proving or just substantiating that. Personally, I don't believe in that for very simple reason. Prices would have surged a lot higher due to their sheer financial muscle, as simple as it gets. Now you are welcome to bring to the table your whole bunch of arguments for them buying up at all time highs. And then we shall see who is kidding whom. Just don't get lost
Im also talking about the Wall Street wolves, sharks and sheep in wolf's clothing.
Thats where we disagree. I think they also had been involved during the bull run. Some of them might be insiders who already knew BTC will be listed as a futures contract by the end of 2017. As you already said, these people are wolves and sharks.
I also disagree that prices would have surged higher. Why would they do that at their expense. Once they see that they cant make money in the market when its going up, they would start planning to make money by it going down and its what they exactly did.
During 2018-2019 though I think markets will stay relatively inactive.
Well if this will happen then the whole crypto market will be quiet for awhile but this is base on your belief. I'm having some hopes that during the June up to the end of the year things will go fair and in favor to all of the crypto people. No one can tell for now but there's an indication now that the market starts to be kicking again. If bitcoin will stay $8k for a couple of days then its possible that we can see bitcoin active again and the whole market as well. 
Pah. Anyone who says they know anything is talking out of their arse.
I've been utterly disgusted reading the crying today. People don't change. Everyone boasting about buying dips when it was shooting up would have to be shot in the face before buying at a genuine low when it arrives.
I don't think we're very near it myself yet. There's a lot of room below still and a lot more scared money than in 2013. There's also a lot more iceman money ready to relieve them of it when it gets low enough. They're the ones capable of looking beyond the next 30 minutes.
I like the way you said a lot of scared money. The powerful guys, the so called whales and institutions are always more in a position to drive the market. I am sure right now, they are with their popcorns, reading people's emotions on the chart, seeing if there are still some panic hands that are yet to give them some better profit and it baffles that a lot of people fall into their stupid trap anyway.I've been utterly disgusted reading the crying today. People don't change. Everyone boasting about buying dips when it was shooting up would have to be shot in the face before buying at a genuine low when it arrives.
I don't think we're very near it myself yet. There's a lot of room below still and a lot more scared money than in 2013. There's also a lot more iceman money ready to relieve them of it when it gets low enough. They're the ones capable of looking beyond the next 30 minutes.
No one can give a factual statement when a bear will end until it ends, so we just have to wait, take some of our popcorns, and watch like the institutions.
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
I wouldn't be surprised if bitcoin goes under $5k. It's still going to be an overall gain of around 400% when compared to Jan last year, but obviously it's a huge drop from the all time high of essentially $20k.
How long it'll stay bearish though, it's hard to figure out.
We may have several small pumps to take bitcoin back up to $10k, just like the recovery right now. but I think it is quite unlikely that BTC gets up to another all time high until at least 2019-2020. That will be near the years where bitcoin's halving occurs, and the most hype is generated out of all the years.
During 2018-2019 though I think markets will stay relatively inactive.
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
What would make these guys enter Bitcoin?
What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am
What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.
Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.
Yes, you got it right
The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets
I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then
Whom are you talking about here?
I'm talking specifically about the Wall Street wolves and sharks. And no, I don't think that they had been buying Bitcoin when it went to its all time high. They might have been shorting Bitcoin then, and this is what I'm talking about. So let's be precise about what I mean and say. If you think that they might have been buying at highs, well, I guess you will have a hard time proving or just substantiating that. Personally, I don't believe in that for very simple reason. Prices would have surged a lot higher due to their sheer financial muscle, as simple as it gets. Now you are welcome to bring to the table your whole bunch of arguments for them buying up at all time highs. And then we shall see who is kidding whom. Just don't get lost
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
According to CoinBase and some expert's opinion, $5000-$6000 is the lowest dip the price will go. And added with the FUDs from the news, possibly make the newbs on trading will go mad and sell a lot.
But really, who knows? If the system is similar to traditional forex, the price will recover up to 70% in the future. We can only wait for the big whales to pump the price again.
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
What would make these guys enter Bitcoin?
What is attractive in Bitcoin for them that they don't find in traditional investments (e.g. stock and commodities)? I'm not them but if I were, I'd rather look into Litecoin because it seems to be the only cryptocurrency as of now which is actually ready for real use. Bitcoin has turned into a speculative shit but once speculation goes away (which is inevitable), there'll be nothing left. In short, I don't think the Wall Street types are particularly interested in Bitcoin or even crypto at all. I can be wrong and in fact I wish to be wrong, but it doesn't look I am
What do you mean? Arent Wall Street types all interested in making money? Hypothetically if the market stabilizes and starts going mega bullish again to new highs, do you think they'll pass up the opportunity to enter? I dont think so.
Wall Street types, in my opinion, care only about money and profit. They would trade dog shit if that went bullish.
Yes, you got it right
The Wall Street types are interested solely in making money. That's why they are probably bringing Bitcoin down now because it is basically easy money for them ("big short"). Or did you really expect them to pump Bitcoin up, so all those newbie investors that had bought coins at December highs could make handsome profits at their expense? You must be kidding then. They are speculators and profiteers dyed in the wool, and it is highly unlikely they will let anybody take money from their pockets
I expect them to trade in both sides of the market either in pumping it or doing the big short. Do you think they did not enter the market when BTC went to its all time high? Or you think they didnt have a hand in manipulating the whole thing? You too must be kidding then.
Soon there will be a rebound to 12
At what price do yal think will be bottom before we turn back up? I'm thinking $4,900 not to spread any FUD, however, they say when it rains it poors, and we have still yet seen people's response to this upcoming Tuesday on the 6th when all American policymakers meet, SEC and everyone else and we see what kind of regulation is made. The price will go down until the millionaires and wall street tycoons are happy to buy what they're going to buy and then we'll see it soar up to $13-$20k post regulations.
Actually I am clueless, and I think no one here can ever predicts the value of bitcoin will going to be after this market crisis. Maybe this is really an opportunity for investment, or maybe bitcoin value should only be price up to this amount. All we know is that bitcoin will always fluctuates, it's unpredictable that's why many are continue hoping it will recover and reach another best high value soon. Jump to: