Look back and move forward | Bitcointalksearch.org

cynical

full member

Activity: 490

Merit: 136

Quote from: valta4065 on February 13, 2018, 11:23:24 AM

Quote from: cynical on February 13, 2018, 02:43:38 AM

Hmmm i suppose there would be a certain amount of repetition in the markets and reactions to its movement.
I wonder if anyone in the past did any other analysis into this?
At a time of a bitcoin price dip was there a reason, and what was the reaction?
I think we all know the reaction from people in general and the price rise that followed the dip.

Yeah those analysis were done before. But they're useless.
The fact is that bitcoin charts are opened to anyone so anyone trading a significant amount of money will study them.
So everyone will have the same data and discover the same big paterns.

For example price moved up historically on black friday. Well last year was one of the smallest evolution, simply because everyone was waiting for it.

yes they are pointless in terms on analytics as the financial saying states:
"past performance is not a guarantee of future expectations"

The analysis was primarily to highlight the fact that people have asked in the past on numerous occasions should they buy bitcoin,
and its interesting to read the follow on posts. There are questions even this week asking if it is a good time to buy,
sometimes I think that some people dont believe in what the future may hold for crypto according to we who think positively.

i am newbi so i am late or not to this field? https://bitcointalksearch.org/topic/i-am-newbi-so-i-am-late-or-not-to-this-field-2700156

is this the end of crypto https://bitcointalksearch.org/topic/is-this-the-end-of-crypto-2872485

imoet

member

Activity: 322

Merit: 10

homt.net

Quote from: nick_nick on February 13, 2018, 12:06:35 PM

Quote from: fiulpro on February 13, 2018, 08:21:54 AM

Just when you think it's over ... suddenly it pumps back again and that's too harder than ever before .. even I think that this low value won't come afterwards for a very long time ..
People can literally be millionaires if one used this opportunity in a better way.
And one needs to know that Bitcoins won't die because this kind of situation have arrised more than 150 times but they are still standing strong!!
So one shouldn't doubt and be patient.

I perfectly agree with you. Price falls are normal in cryptocurrencies; so we shouldn't be prophets of doom by saying Bitcoin will die. Bitcoin has given financial freedom to many with few years of investment; and all we need now is patience because bitcoin would rise again

I also agree with both of you. It is normal if the price up and down in cryptocurrencies. It is necessary to look back so we will believe that this case will be happen repeatedly. Bitcoin depends on people's demand and believe. It does not have to be panic at all.

nick_nick

full member

Activity: 350

Merit: 100

Quote from: fiulpro on February 13, 2018, 08:21:54 AM

Just when you think it's over ... suddenly it pumps back again and that's too harder than ever before .. even I think that this low value won't come afterwards for a very long time ..
People can literally be millionaires if one used this opportunity in a better way.
And one needs to know that Bitcoins won't die because this kind of situation have arrised more than 150 times but they are still standing strong!!
So one shouldn't doubt and be patient.

I perfectly agree with you. Price falls are normal in cryptocurrencies; so we shouldn't be prophets of doom by saying Bitcoin will die. Bitcoin has given financial freedom to many with few years of investment; and all we need now is patience because bitcoin would rise again

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: sumangs on February 13, 2018, 11:32:39 AM

We can't blame ourselves on what happened on the past events on bitcoin. We should be more speculative next time in dealing with bitcoin since no one can really tell the exact price of bitcoin from day to day. That is why we do research to have a greater chance to have a correct prediction. Those doubts did by many people are certainly not doing research that's why they regret it. If we really want to change our life through bitcoin then we need to effort.

I believe no one is blaming anyone here, OP just stated some inspirational thread that were created during its dip, and how people missed out on Bitcoin. I can see the point there, just hodl our Bitcoin since Bitcoin has capability to bounce back and break its ATH again and again. Though I agree, when we invest let us do a thorough research about the one we are planning to invest with. Do not buy because of hype, buy because you understand the market.

heureca

sr. member

Activity: 658

Merit: 250

Quote from: cynical on February 12, 2018, 06:34:38 AM

In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before.
We should learn from other threads from late 2016, through to the latter half of 2017.
There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last.

So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets.

Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time.

September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalksearch.org/topic/bitcoin-is-a-good-investment-now-because-1631600 (bitcoin price - $605)

July 06, 2017, Is it too late to buy bitcoin? https://bitcointalksearch.org/topic/is-it-too-late-to-buy-bitcoin-2006434 (bitcoin price - $2864)

August 06, 2017, regret by not believing in BITCOIN? https://bitcointalksearch.org/topic/regret-by-not-believing-in-bitcoin-2068454 (bitcoin price - $3252)

October 19, 2017, when is the right time to invest on bitcoin https://bitcointalksearch.org/topic/when-is-the-right-time-to-invest-on-bitcoin-2288662 (bitcoin price - $5411)

We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now

I remember time when BTC for 700-800$ was very expensive

So BTC can't be expensive - in 1-2 years its price will be higher

sumangs

full member

Activity: 644

Merit: 101

Quote from: cynical on February 12, 2018, 06:34:38 AM

In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before.
We should learn from other threads from late 2016, through to the latter half of 2017.
There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last.

So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets.

Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time.

September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalksearch.org/topic/bitcoin-is-a-good-investment-now-because-1631600 (bitcoin price - $605)

July 06, 2017, Is it too late to buy bitcoin? https://bitcointalksearch.org/topic/is-it-too-late-to-buy-bitcoin-2006434 (bitcoin price - $2864)

August 06, 2017, regret by not believing in BITCOIN? https://bitcointalksearch.org/topic/regret-by-not-believing-in-bitcoin-2068454 (bitcoin price - $3252)

October 19, 2017, when is the right time to invest on bitcoin https://bitcointalksearch.org/topic/when-is-the-right-time-to-invest-on-bitcoin-2288662 (bitcoin price - $5411)

We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now.

We can't blame ourselves on what happened on the past events on bitcoin. We should be more speculative next time in dealing with bitcoin since no one can really tell the exact price of bitcoin from day to day. That is why we do research to have a greater chance to have a correct prediction. Those doubts did by many people are certainly not doing research that's why they regret it. If we really want to change our life through bitcoin then we need to effort.

valta4065

hero member

Activity: 826

Merit: 500

Join @Bountycloud for the best bounties!

Quote from: cynical on February 13, 2018, 02:43:38 AM

Hmmm i suppose there would be a certain amount of repetition in the markets and reactions to its movement.
I wonder if anyone in the past did any other analysis into this?
At a time of a bitcoin price dip was there a reason, and what was the reaction?
I think we all know the reaction from people in general and the price rise that followed the dip.

Yeah those analysis were done before. But they're useless.
The fact is that bitcoin charts are opened to anyone so anyone trading a significant amount of money will study them.
So everyone will have the same data and discover the same big paterns.

For example price moved up historically on black friday. Well last year was one of the smallest evolution, simply because everyone was waiting for it.

Doge dealer

sr. member

Activity: 462

Merit: 252

history is always important ,what happens in the past does in fact determine the future as it will provide insight into behavior. It is by looking back that we are able to collect and then analyze data so we can come to a "scientific" conclusion. the past offers insight into how the market will behave in response to specific changes in and outside the market place and is therefore extremely important especially in investment circles as it will give a good indication as when to buy, sell or hold your investment.

vv181

legendary

Activity: 1932

Merit: 1273

Quote from: QuestionAuthority on February 13, 2018, 11:04:37 AM

I think $10k can reasonably be considered the new floor as soon as the exchange rate crosses it again. If, in the future, you want to consider that you bought in cheap, any time now is a good time to buy. You’ve been warned.

If we break the resistance at 9,5K then 10K and beyond is achievable. I'm sure in case it breaks through it will become a strong support since its a physiological level. Well, I'm sure the current rate is still good enough rate to buy Bitcoin, since Bitcoin already get a lot of attention lately.

Aludarin

newbie

Activity: 29

Merit: 0

I agree completely with the above
I do not understand why all the people start to panic so sharply
This is just the beginning of the crypto currency, and bitcoin has not yet collapsed and everyone is already dropping their hands

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

I think $10k can reasonably be considered the new floor as soon as the exchange rate crosses it again. If, in the future, you want to consider that you bought in cheap, any time now is a good time to buy. You’ve been warned.

Harlot

hero member

Activity: 1806

Merit: 672

Good article to motivate us members but below 5,400$ is pretty reachable as we did reached 5,900$ last week and I don't think it is the lowest that Bitcoin can get this February. Since we are not breaking the current down trend yet the chances of re-visiting other price points are high and I don't think it is a bad thing because it is our chance to accumulate more Bitcoin by shorting it. Majority of the traders are also bearish on it as they have the same conclusion that the long term chart so no signs of reversals.

angrygroceries

member

Activity: 127

Merit: 10

Bitcoin is likely a cry and smile games of traders ? Somes didn't belive in it already cried in the last 2 months but i'm seeing all of them are smiling and mocking us about how potiental and perfect Bitcoin is.

xSkylarx

hero member

Activity: 2366

Merit: 594

Regretting what we did in the past will not help us to evolve or to develop ourselves, nothing will happen if we are always going to look back and discourage ourselves that everything is too late, that is not true. Many people are asking if it is too late to buy bitcoin since the price is too high for them to buy something like that, well let me say this, the time when you could say that it is too late is when there is no bitcoin anymore, but there is still bitcoin, so it is not too late to invest or do bitcoin.

fiulpro

hero member

Activity: 1890

Merit: 831

Just when you think it's over ... suddenly it pumps back again and that's too harder than ever before .. even I think that this low value won't come afterwards for a very long time ..
People can literally be millionaires if one used this opportunity in a better way.
And one needs to know that Bitcoins won't die because this kind of situation have arrised more than 150 times but they are still standing strong!!
So one shouldn't doubt and be patient.

charlotte04

full member

Activity: 504

Merit: 102

Quote from: cynical on February 12, 2018, 06:34:38 AM

In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before.
We should learn from other threads from late 2016, through to the latter half of 2017.
There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last.

So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets.

Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time.

September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalksearch.org/topic/bitcoin-is-a-good-investment-now-because-1631600 (bitcoin price - $605)

July 06, 2017, Is it too late to buy bitcoin? https://bitcointalksearch.org/topic/is-it-too-late-to-buy-bitcoin-2006434 (bitcoin price - $2864)

August 06, 2017, regret by not believing in BITCOIN? https://bitcointalksearch.org/topic/regret-by-not-believing-in-bitcoin-2068454 (bitcoin price - $3252)

October 19, 2017, when is the right time to invest on bitcoin https://bitcointalksearch.org/topic/when-is-the-right-time-to-invest-on-bitcoin-2288662 (bitcoin price - $5411)

We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now.

People that do not have guts are just panicking and not seeing the good sides of Bitcoin. Well, it will not be our fault if the tides turn on their side.

budi691

sr. member

Activity: 1274

Merit: 259

Quote from: maltize on February 12, 2018, 06:37:03 AM

Yes. The market of crypto-currency is very cyclical and when there are falling and market growth, we can even watch the release of the same news, which several months. It is not necessary to succumb to panic, earning on crypto-currencies and investing in them.

sometimes it's a disturbing thing, when there are also people who panic to immediately sell it. The main focus is on ourselves to stay calm and cool. We also have to address any information or news about crypto that is circulating in the community.

CryptoBeefy

full member

Activity: 378

Merit: 100

Quote from: cynical on February 12, 2018, 06:34:38 AM

In this time of Fear Uncertainty and Doubt it is sometimes good to look back at what has gone before.
We should learn from other threads from late 2016, through to the latter half of 2017.
There were so many threads asking if it was the right time to buy Bitcoin because the price was rising but some people still doubted it would last.

So here are a few older threads which could be interesting and helpful for these current times and to learn to BUY NOW and have no regrets.

Warning These are big threads, I have listed the thread start date, the title, the link and the approx. price of BTC at that time.

September 30, 2016, Bitcoin is a good investment now, because... https://bitcointalksearch.org/topic/bitcoin-is-a-good-investment-now-because-1631600 (bitcoin price - $605)

July 06, 2017, Is it too late to buy bitcoin? https://bitcointalksearch.org/topic/is-it-too-late-to-buy-bitcoin-2006434 (bitcoin price - $2864)

August 06, 2017, regret by not believing in BITCOIN? https://bitcointalksearch.org/topic/regret-by-not-believing-in-bitcoin-2068454 (bitcoin price - $3252)

October 19, 2017, when is the right time to invest on bitcoin https://bitcointalksearch.org/topic/when-is-the-right-time-to-invest-on-bitcoin-2288662 (bitcoin price - $5411)

We wont be going back to those prices above and we may not be visiting sub $10,000 after this current low spell so buy now.

Good points to be honest, its so important to take a step out of the immediate firing line and look back at it all with perspective. If at any of those dates you said BTC will be worth what it is now you'd gladly accept.

Alex_nutis

member

Activity: 140

Merit: 11

Thank you for +Merit

Interesting chronography of posts. I'm still amused the statements of goldman sachs every year the same: bitcoin is a soap bubble, bitcoin will collapse, etc. And he keeps on growing and growing. The market is cyclical, if the market of cryptocurrency will develop, then we will see new high.

oddwh

hero member

Activity: 854

Merit: 1002

This always feels like it's too late, but until now, bitcoin has been every time cheap when we though he was too late Cheesy

Topic: Look back and move forward (Read 202 times)