Market still in the early stages of Collapse, only the Stupid buy this early

Zin-Zang

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Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: kelz1 on December 08, 2018, 01:29:55 PM

Hate to say it but the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

At least , you can see it,

many here are blinded by emotional fanaticism bordering on cult like behavior.

As long as the Chinese Miners are Short Selling all of their coins to just keep the ASICS on , price is headed down.
Miners blew all of their reserves trying to hold the market above $6000 for months, now they have no reserves left except selling everything.

Which shows you where they really place value not in bitcoin itself, but in keeping the ASICS operational, which is becoming harder every day. Tongue

mayax

legendary

Activity: 1470

Merit: 1004

people who buy bitcoin do so only because they want to turn a quick profit by selling their holdings to a “greater fool” than themselves.

shendy

full member

Activity: 602

Merit: 100

https://i.imgur.com/BBmstUL.jpg

The market does collapse, buying and selling is an excessive panic. Fear continues to come with every coin dropping, people's steps to panic that is selling and being taken by the investor and finally the person loses.

kelz1

copper member

Activity: 140

Merit: 3

Hate to say it buy the advice appears to be quite accurate. The support around 3500 has fallen and the new floor is going to be around 3000. If that gets breached we are in trouble

coolcoinz

legendary

Activity: 2814

Merit: 1192

Quote from: TheLoser on December 08, 2018, 12:51:56 PM

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

It's good that you think so, the more people get ready for a drop the less chance it will happen. Sounds strange and like it's against the market psychology? Not at all!
When people are hoping for a drop they open short positions, and the majority of coins isn't held by the majority of investors. It's exactly the opposite. 1% of investors hold more than 50% of all coins. It's enough for 1 or 2 rich people to start buying and all the shorts get liquidated and the more shorts the more they'll earn by turning the market around. It's just a matter of time before they make their move.

TheLoser

member

Activity: 462

Merit: 10

I think that bitcoin will still fall for a while and who believes in bitcoin can buy it even cheaper , but everyone decides for himself what to do now .

kram31

full member

Activity: 791

Merit: 139

Noone knows if the market will colapse or rise.
Those who buy now maybe stupid for you but once the market start to rise now or tomorrow.
you will be the stupid one who dont believe on BTC.

tunapa

jr. member

Activity: 667

Merit: 1

You are kind of right, if we consider the bitcoin crash history . It's possible the price test 1000$ region before it stablises and then move higher. I won't advise to buy when we don't know what might happen next as we don't know when the dip will stop. So be watchful and be guided. Take a good decision.

Pattart

hero member

Activity: 1190

Merit: 500

Quote from: pat4cryptoreal on December 08, 2018, 02:20:03 AM

I know that majority will soon regret, sooner the price of bitcoin will escalate. There is no perfect speculator or analyst that I can hold on his or her words to either buy or sell bitcoin. Just be wise.

You right, there is no perfect speculator, the OP itself has said that the person who said buy and hold maybe that person already sold it before. why did you not apply that logic to Bloomberg analysts, that he was waiting for the price below to buy, by spreading price predictions that btc price will continue to weaken

millionaireshs

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Activity: 353

Merit: 12

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Obviously we choose always win but we don't do anything if the time will brings us into crazy situation like what happening right now. We are still reamain for waiting and hoping there is. Good development of price.

Gabrielexas

jr. member

Activity: 64

Merit: 3

From my analyse of the data (not just from my head) it can get a new All time Hihg in 2 years of around 50K, but before so at this time it can go as low as between $800 USD and $2,000 USD before the slow recovery process starts.

hitrawal91

full member

Activity: 462

Merit: 101

BitcoinSN - The Real Bitcoin!!!

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Firstly i don't think it will go down to $1500 and secondly i see a strong base at $2000 with whatever i have analyse with my knowledge.Buying above $2000 doesn't mean that they have done everything wrong or they are stupid it just that there calculation has gone wrong and due to that they will get less profit.One thing every buyer needs to understand is don't panic if the fall continue coz more you panic more you'll sell and that will affect the market and your profit.

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: dewildance on December 08, 2018, 05:59:30 AM

Yes, I know you know everything very well.

On that we can Agree. Cheesy

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: cizatext on December 08, 2018, 05:50:07 AM

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

What ever bloomberg analysis may be it can never ve accurate due to that fact any thing prediction of the price of bitcoin is just base on speculations and which can never stand 100%. I strongly believe that the market is going to recover soon and the bull will be up and running again, buying bitcoin above $3000 is still a good price to buy at because $3000 is a low price compare to what the price may be in the nearest future.

Sad part is Bloomberg won't be accurate , they picked too high.

Bitcoin is facing an extinction level event if the Chinese Miners keep Shorting their own coins.

dewildance

full member

Activity: 546

Merit: 100

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Yes, I know you know everything very well. Bitcoin's gonna hit $ 100, anyway. I think you should also wait and then you should buy.

ansarose1

member

Activity: 784

Merit: 10

There's good thing with your analysis about bitcoin's dropping price. But its also good to buy coins now since the prices are already low. Bitcoin is good with future investment, so bitcoin investors waits to drop its price to a very low then they would buy many of it.

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: alex_gr_cc on December 08, 2018, 05:48:21 AM

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Where did you get this information? For example, this year the large ETH wallets have become even larger. This means that whales only buy, but not sell. And they buy from hamsters.

Ethereum is unprofitable to mine ,
those wallets are probably the exchange wallets with people selling it.

I suggest you learn to use google? Wink

cizatext

member

Activity: 952

Merit: 41

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

What ever bloomberg analysis may be it can never ve accurate due to that fact any thing prediction of the price of bitcoin is just base on speculations and which can never stand 100%. I strongly believe that the market is going to recover soon and the bull will be up and running again, buying bitcoin above $3000 is still a good price to buy at because $3000 is a low price compare to what the price may be in the nearest future.

alex_gr_cc

jr. member

Activity: 322

Merit: 1

Quote from: Zin-Zang on November 20, 2018, 01:20:56 PM

BTC is projected to drop as low as $1500 by Bloomberg Analysts.
(According to some, this is also the new break even price for the latest batch of ASICS.)

Buying above $2500 shows you don't know what you are doing.

This Market Collapse will be long , possible range a few months to a few years.
(Collapse is less than 2 weeks old.)

Buying above $3000 is the elite selling to the remaining suckers. Tongue

FYI:
The ones telling you to buy now or hodl are most likely the ones selling.
Remember for someone to win in a Market someone else has to lose, which are you?

Where did you get this information? For example, this year the large ETH wallets have become even larger. This means that whales only buy, but not sell. And they buy from hamsters.

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

Quote from: imstillthebest on December 08, 2018, 04:12:26 AM

Early stages of collapse ? Holy cow . how can you say early when we already experienced this down fall for a verry long time already . if im not mistaken , the first crash was started on january 2018 and eventually it do continues up until now .

And also , this isnt only the year that cryptos are dumping because cryptos actually dumping ever year and every time because that is thier nature .

So do you still think that this collapse is in early stage ?

Smart people will now act fast to buy a crypto because this is still the perfect time to do it.

Stupid people will still be waiting and they oftenly regret because they dont know how to decide properly . lol

Stupid people will buy bitcoin , when the Bitcoin Miners are Shorting it , and the price will still go down.
Because the fucking miners are Shorting it!

Topic: Market still in the early stages of Collapse, only the Stupid buy this early (Read 787 times)