Is deep over or it is just the beginning of the end?

ukw

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Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

I personally think we are very far from the beginning of the end. It's just a drop like everyone else. The market will begin to recover, and I think all who have sold their coins will regret about this.

South Park

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Quote from: btc78 on March 17, 2018, 07:03:09 PM

Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

dip will continue but END will never happen..$6,000 is near but $3,000 is too far and for me this will never come,whatever fud and bad news brings would not be enough to bring this great coin down that low.so better post positive words than this that may bring another panic

Correct, we already saw 6000 but 3000 is simply impossible to reach we are never going to see the price that low again of that I am very sure, bitcoin is now at 9000 and to go from that price to 3000 will need a 66% crash and we already went through a crash so it is very unlikely will are going to see another one that soon but if we see it then take advantage of it because the price of bitcoin will rise almost immediately.

ManicMiner23

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If you look at the monthly charts we can see that btc is at key level, if the support of 6k fails, and the sma cross of death is confirmed btc can go down to 1k, we've senn in the past hundred of times, in the stock market, forex market and other markets, a stock rallies for some weeks, then all the movement returns to the exact point where it started.

If the movement is going to continue btc should rally again from 6k and could be moving between 6k-12k for some months, but, the energy consumption concern, the regulation, and some kind of bad reputation, and some security issues seems that are not going to help btc to come back to the 20k.

From my point of view, at thecnical point, there's not signals in the chart that btc is going to stop the selloff and going up again, lets see waht happen with the 6k support.

jungjongjing

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Quote from: jan.nicolas on March 17, 2018, 11:15:21 AM

I very much hope that what is happening today in the market is temporary, I think that this will ever happen and will not leave cases of such a drop in prices. It is very strange to understand that the crypto-currency market was able to fall so much in price.

Before the acceleration, there must be a buffer step. And then, at this point, BIitcoin is one step ahead of its destination. Let's see that is the beginning of all that is ahead. Finish? Are not! Because it can not happen when it represents an advanced and wonderful field!

carrie_white

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maybe this is just the beginning? or maybe this is an end? no one can predict it, I was already pessimistic and it seems to want to sell all the altcoin that I have, and do not want to see backwards again.

Dklinov

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Quote from: btc78 on March 17, 2018, 07:03:09 PM

Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

dip will continue but END will never happen..$6,000 is near but $3,000 is too far and for me this will never come,whatever fud and bad news brings would not be enough to bring this great coin down that low.so better post positive words than this that may bring another panic

This post has nothing to do with positivity or negativity. Instead, it makes the community to discuss the potential outcomes and different scenarios that could happen. This will affect all of us and we have to be ready for any scenario. I am glad we have so many different points of views, but generally I understand the optimism is there which is a good sign.

kololo

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It is really to say that it is the end or just the beginning of the fall over. The market is really horrible that the price is so low now. But no one know is the price is low enough or has much long time to deep.

hkdfgkdf

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Quote from: BigTeeths on March 17, 2018, 10:20:16 PM

If this happen a year before, I could also say that it's just temporary like anyone is saying but the situations have changed. The governments have their eyes on crypto while Facebook and Google banned the ads that gives a negative impression to bitcoin and altcoins so it feels like we are only hoping for a miracle to happen.

I agree with these, such actions of this big companies really gives bad impressions to cryptocurrency. But I think prominent personalities' statement could also bring back bitcoin's reputation as the facebook CEO, Mark Zuckerberg said that he likes the crypto's decentralized system and he wants to study it. But still, we dont just jump in conclusions that this is the end, it is just the first quaryer of the year, we just need to continue supporting.

BigTeeths

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If this happen a year before, I could also say that it's just temporary like anyone is saying but the situations have changed. The governments have their eyes on crypto while Facebook and Google banned the ads that gives a negative impression to bitcoin and altcoins so it feels like we are only hoping for a miracle to happen.

xfaqs01

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i think this dip will hit the support floor at 7.2k or 7.5k level, after this we will experience longest consolidation strech until july or august, and after that we will revisit or surpass the highs. #DYOR

anti-scam

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COINECT

It sounds bad because G20 is initiated by french finance minister, and he sounds displeased with crypto. but I do not dare to speculate that prices will fall very deep. we wait for april, panic just make us fall.

Fortified

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Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

This is just temporary as this bearish market will end. It needs balance to survive and the price could not get lower than $6k as more supports are waiting to absorb. Let's not panic and hope for the best of crypto currency. It needs to go down to get a momentum for a bull run.

bundo

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Quote from: jan.nicolas on March 17, 2018, 11:15:21 AM

I very much hope that what is happening today in the market is temporary, I think that this will ever happen and will not leave cases of such a drop in prices. It is very strange to understand that the crypto-currency market was able to fall so much in price.

Almost all altcoins do not show much of the increase and progress. But we can expect great variations in the coming months.

Snarks

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Citizen-issued cryptocurrencies are dead and will be worthless and banned. Banned in the sense you can't exchange them for fiat through exchanges and if you get caught trading in person you'll be put in a gulag or executed.

We'll be forced to use cryptofiat which will be traced, monitored and taxed. Essentially removing all freedom and privacy.

Welcome to dystopia.

enawati

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In daily chart look like Bitcoin in the support are and oversold and ready to change to up trend. So in my opinion in a few week the price of Bitcoin will move around $7500 -$9000 and then going up to $40,000 in the end of this year, this is my prediction.

Ramtapsbtc

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Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

We should be used to this roller coaster ride in the prices of cryptocurrencies. When you join this trade you should have the nerve to withstand it's volatility. Volatility is the one that creates opportunity to some of us here.

trollercoaster

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I think it's just a bump in the road. A bump that looks so big right now, but some days or months later we won't even notice it. Though, let's accept it, it almost tore off the tire...

Snarks

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Quote from: xianbits on March 17, 2018, 08:10:42 PM

Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

Too bad to say but yes, I guess it's not yet over though I wish (well, we all wish) it won't go that far.
Moreover, I don't see an END to crypto now that it is more known than before, it won't be that easy to happen.

That's exactly what will cause its downfall. Crypto is already well-known, so we can't benefit from the novelty effect. It'd be like selfie sticks, Flappy Bird and fidget spinners.

xianbits

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Quote from: Dklinov on March 17, 2018, 11:11:10 AM

I wonder if the deep is over or it is just the beginning of the end? The tensions and regulatory concerns over the crypto is growing and only God knows what will be the agreements during G20 Summit. Probably the shake ups are inevitable right after the Summit. However, the the deepest spot could be? 6K-3K?

Too bad to say but yes, I guess it's not yet over though I wish (well, we all wish) it won't go that far.
Moreover, I don't see an END to crypto now that it is more known than before, it won't be that easy to happen.

Snarks

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Even if G20 allows ICOs and cryptocurrencies, their reputation has been harmed so much by the FUD and months of price drops, it will take years to recover. And then we'll get the next dip, caused by 90% of the ICOs failing to deliver anything worthwhile.

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