RIP Bull Market - page 6. | Bitcointalksearch.org

denzkilim

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Quote from: NeuroticFish on February 24, 2019, 12:40:58 PM

Tomorrow is banking day. And tomorrow Nasdaq should start listing Bitcoin prices too.
Maybe tomorrow we'll see investors coming in, maybe balancing the speculators we now have too many.

I think the price rally that happened a few weeks ago is because of the NASDAQ news about listing Bitcoin and people are hyping about that news to make the price pumping and create a FOMO(Fear of missing out) effect to some people, then BOOM! when they get the price that they wanted they dumped all in a sudden and these kinds of scenario is normal to the crypto industry because this is a very volatile industry and the risk is extremely high. Cool

jseverson

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Quote from: Danezu on February 24, 2019, 05:18:13 PM

It's funny how threads titles change from day to day, yesterday people were super excited, and now they're holding a wake.

Well that's what happens when you treat every sizable price increase as a bull run lol.

Quote from: kelz1 on February 25, 2019, 03:32:11 AM

Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

I assume you're talking about market cap. It's just another day in the office for Bitcoin -- it has happened before and it will happen again. There always seem to be some people who blame it on market manipulation too lol.

Bitbtc8

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Excuse me please ,it was never a bullrun in the first place ,that is just a pump and yes its so normal to drop back and if you think bullrun is gone for good then you know nothing about cryptocurrency ,the trends of incoming bullrun is always different and believe me I've witnessed it in the past

susila_bai

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If you think that market will always go up and never come down then i think you dont know much about market movement, It was expected as shortterm traders took profit so it went down but still you can see it is only half down and market is taking support near $3700 level, if it is not broken then we can see market moving up till $4500+. Even before last bull movement the market was moving up and down same way and then it took a sharp up movement. So it is very common.

Pursuer

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Where is my ring of blades...

Quote from: kelz1 on February 25, 2019, 03:32:11 AM

Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

well when you look at fake numbers, obviously your conclusion is also fake (or false). it is like checking the temperature with a broken thermometer and say you have a fever of 1000 degrees because the thermometer said so regardless of it being broken.
in this case "15 billion" is the number that went out of total market cap and it is fake because a very high percentage (like 80%) of the total supply that is fake since you can easily create billions of tokens out of thin air and that creates market cap easily and when that shitcoin gets dumped from $2 to $1 the total market cap loses billions because of that coin alone. now imagine you have 2300-2500 of these shitcoins....

kelz1

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Losing 15 billion with a few minutes is not natural at all, it looks like a coordinated dump by a group of market manipulators. This reduces confidence in the markets

Pursuer

legendary

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Where is my ring of blades...

Quote from: Kakmakr on February 25, 2019, 01:26:32 AM

Some cock teaser Whale are messing with us and making a ton of money at the same time. Angry

In future, just ignore the small spikes in the price. Roll Eyes

in this case I would say there aren't any whales manipulating or anything since it looks pretty natural to me. you just have to stop seeing it as a bull run and start seeing it as a "transition". in a market you can't expect a U turn like with a car! it takes time to reverse a certain trend just like price didn't fall from $20k to $3k in one day, the rise back up from $3k to $100k is not going to occur in 1 day either. we first see small rises like this which will be suppressed as people panic sell (not whales) thinking it is bull trap and then after a couple of these we see more rises which slowly grow in size and set a new high each time.

davis196

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Quote from: fenican on February 24, 2019, 10:55:42 AM

Looks like it all ended in one trade.

It was not a bull market and I couldn't care less about it.
Probably some whale sold everything he had,just to frustrate all the noobs expecting another ATH after one week. Grin

Bitcoin is still alive and kickin'.That's the only thing we should care about.

Herbert2020

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Quote from: shesheboy on February 25, 2019, 01:14:09 AM

r.i.p bull you will be missed . it takes forever to climb on top but it only takes one trade to go down . ;(

1 trade, are you kidding me? do you think market is tiny with only a one $1 buy order keeping the price there?

the drop took more than a year to get to the current price and in the past month it has take millions of dollars to keep it in $3k range and now it is breaking out. it won't feel like it now but you will see it soon.

CryptoBry

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What just happened is a big lesson to all of us...this market is quite treacherous and any good gains can easily be wiped out because there will be people who will of course take advantage of the situation to make some profits and this is quite normal in a free market...there is nothing we can do about it. What is certain is the dreamed bull run may not be happening that easily and that it can't be happening soon. People who are experts and professionals on trading are not alarmed about this and can even be making good money out of this...unfortunately am not an expert so am not making money on this recent "big" movement.

figmentofmyass

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Quote from: fenican on February 24, 2019, 10:55:42 AM

Looks like it all ended in one trade.

that's why building up all these bullish dreams on the back of a few days' price rise is foolish. this isn't a bull market at all! we've been in a bear market for over a year now---nothing but lower highs and lower lows. nobody should be surprised when a bull trap comes crashing back down.

in the short term, we can still recover from this and push higher into the $4000s. but even if we do, people should really keep their bullish expectations in check. this ain't 2017 anymore. we're at least a year or two away from anything like that.

Capt00

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I also didn't expect bull run happen because I didn't hear any good news related Bitcoin that might cause a bull run. Then the things that come up my mind have just happened now. See? it was a bull trap with a small spike in the market but they can't earn if we are strong enough of holding our purchased coins in our wallet.

Patiently wait again when bullish trend come.

Kakmakr

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That was no Bull run, it was more like a Bull trap for some. You get all hyped up about the probability that it is the start of the next Bull run and then "Wham", you get kicked on the ass. Roll Eyes

Just look at my post history for the last couple of weeks and you will notice that I never thought that this small spike in the price was the next Bull run.

Some cock teaser Whale are messing with us and making a ton of money at the same time. Angry

In future, just ignore the small spikes in the price. Roll Eyes

shesheboy

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Quote from: tippytoes on February 24, 2019, 06:09:20 PM

Quote from: Danezu on February 24, 2019, 05:18:13 PM

It's funny how threads titles change from day to day, yesterday people were super excited, and now they're holding a wake.

Maybe treat it as entertainment?

lol entertainment ? maybe only for you because you already cash out your money at the peak price but for the rest of us no we didnt find this entertaining because the ups and downs of the price causes people to be confuse and loose thier patience .

Quote from: mich on February 24, 2019, 06:10:25 PM

Must say it was awfully nice while it lasted. Really enjoyed seeing my account have a bunch more MONEY then usual.

you only enjoyed seeing it ? but you did not convert it to fiat ? thats not nice at all .

Quote

RIP Bull Market

r.i.p bull you will be missed . it takes forever to climb on top but it only takes one trade to go down . ;(

Juggy777

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Quote from: pooya87 on February 24, 2019, 11:38:51 PM

as i have been saying in the past week, there is not yet any bull market. what we have is the market trend between the bull and the bear markets! and as long as this transitioning phase is going on, you should expect this type of ups and downs where price plays jump rope with a level like this. just try to not get caught with your pants down thinking it is bull or thinking it is over they are both equally wrong.

also don't forget that there are currently thousands of altcoin bag holders who are dumping their bags as the altcoin market recovers a tiny bit thanks to bitcoin rise. the sheer amount of money that exits that way always puts extra pressure on bitcoin.

Hey that’s a logical statement and only people who have been involved in bitcoins for a while now would have understood it, others will yet consider it a bull rally. I’m not surprised by the fall in prices, had expected people would sell and prices would tank due to the pressure. Altcoin investors are always looking for a quick cash and, the first chance they get it they exit causing additional pressure on the prices.

pooya87

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as i have been saying in the past week, there is not yet any bull market. what we have is the market trend between the bull and the bear markets! and as long as this transitioning phase is going on, you should expect this type of ups and downs where price plays jump rope with a level like this. just try to not get caught with your pants down thinking it is bull or thinking it is over they are both equally wrong.

also don't forget that there are currently thousands of altcoin bag holders who are dumping their bags as the altcoin market recovers a tiny bit thanks to bitcoin rise. the sheer amount of money that exits that way always puts extra pressure on bitcoin.

Ronaldcoin2017

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Quote from: xWolfx on February 24, 2019, 06:40:05 PM

Quote from: naufals4 on February 24, 2019, 01:42:47 PM

Listen in the world of trading or investment there is always something called up or down. so sometimes the price will go up then a few moments will definitely go down. so just wait for bitcoin to rise up again.

I agree 100%. There will be people who can't control their emotion and for that exact same reason can't really control their decisions but we need to ask ourselves, do we want to be like that? - I believe in that question is where all the truth is.

We still don't know if it will go down again or continue rising. We will see.

Yes i agree on that people who are new in crypto can't control thier emotion specially when it is all about th market. Market is really unstable and I believe that no one wanted to loss a big amount, we are all here to earn not to loss. I think the market is now rapidly dropping from the rapid pricing of the price. And I think that was still a normal thing specially in crypto everything is really unstable and may change in one night.

QueenVera

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Quote from: fenican on February 24, 2019, 10:55:42 AM

Looks like it all ended in one trade.

Thought by now we would had learnt from our previous mistakes of concluding, bull market is dead the little bear market that occurs, don't forget for we to experience bull market we first need experience bear market and from the looks of things I can only say what happened was just a correction and nothing more.the recent spike in price had no backing so it was more of a pump and dump will follow.

xWolfx

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Quote from: naufals4 on February 24, 2019, 01:42:47 PM

Listen in the world of trading or investment there is always something called up or down. so sometimes the price will go up then a few moments will definitely go down. so just wait for bitcoin to rise up again.

I agree 100%. There will be people who can't control their emotion and for that exact same reason can't really control their decisions but we need to ask ourselves, do we want to be like that? - I believe in that question is where all the truth is.

We still don't know if it will go down again or continue rising. We will see.

ChrisPop

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Not your Keys, Not your Bitcoins

Quote from: fenican on February 24, 2019, 10:55:42 AM

Looks like it all ended in one trade.

The bull market is coming, it is just a little late to the party. ( i think several months late lol)
Enjoy this period of cheap prices and accumulate as much as possible so you won't be sorry later on. Of course that if you don't believe in the future of bitcoin and crypto overall you should stay away and find something more suitable for you like.. stocks, real estate, maybe gold? who knows

Topic: RIP Bull Market - page 6. (Read 1056 times)