Seems to me Bitcoin is getting over the bear sh*t - page 2.

South Park

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I am terrible at Fantasy Football!!!

Quote from: 1Referee on February 08, 2019, 05:53:04 PM

Quote from: 2chase on February 08, 2019, 04:06:13 PM

I will not hide it - I am very pleased that today Bitcoin has grown so much, I had some slight doubts on this score, but by and large I still didn’t intend to sell my coins even if the events were not so positive. Considering the fact that I consider myself to be a long-term investor, for me any fluctuation of the price in the range of + -500 dollars at the moment is almost of no interest.

If ~$500 fluctuations aren't of interest to you, why are you very pleased that the price went up like ~$400 today?

You don't have to make yourself look tough. It's okay that you're afraid of what the market is subjecting you to. As soon as the price goes up, people gain confidence and start to think about how Bitcoin will take over, but as soon as it dumps, fear creeps in and you think about how you could have sold while the price was 10-20% higher a week ago.

One has to be a geek and true believer of the underlying tech to not give a damn about what's happening right now. The rest pays attention to the $$ value of their portfolio, which is all good considering that most people are here for the profits.

I agree, but I prefer not to think in terms of dollars since that can be a little deceiving but any movement in the price of bitcoin of more than 5%, especially if such movement happens in minutes or hours, is something in which I am interested regardless of the direction of the movement because movements like that cannot be ignored, it could be nothing and the price could go back to the previous level but it could also mean that a correction is coming, and in that case we need to take action, some time ago I could have noticed those movements and do nothing but since I have recently become a trader I cannot let those movements go unnoticed by me anymore.

1Referee

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Quote from: 2chase on February 08, 2019, 04:06:13 PM

I will not hide it - I am very pleased that today Bitcoin has grown so much, I had some slight doubts on this score, but by and large I still didn’t intend to sell my coins even if the events were not so positive. Considering the fact that I consider myself to be a long-term investor, for me any fluctuation of the price in the range of + -500 dollars at the moment is almost of no interest.

If ~$500 fluctuations aren't of interest to you, why are you very pleased that the price went up like ~$400 today?

You don't have to make yourself look tough. It's okay that you're afraid of what the market is subjecting you to. As soon as the price goes up, people gain confidence and start to think about how Bitcoin will take over, but as soon as it dumps, fear creeps in and you think about how you could have sold while the price was 10-20% higher a week ago.

One has to be a geek and true believer of the underlying tech to not give a damn about what's happening right now. The rest pays attention to the $$ value of their portfolio, which is all good considering that most people are here for the profits.

2chase

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I will not hide it - I am very pleased that today Bitcoin has grown so much, I had some slight doubts on this score, but by and large I still didn’t intend to sell my coins even if the events were not so positive. Considering the fact that I consider myself to be a long-term investor, for me any fluctuation of the price in the range of + -500 dollars at the moment is almost of no interest.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Ezenwanyi1 on January 31, 2019, 11:01:36 AM

Although I'm not one who much attention to price prediction these days because I have got my fingers burnt more than twice following price prediction signal channels on telegram.
But from my little experience, I agree that the bearish market maybe having it's last breath.
Hopefully, we see bull run soon.

That is definitely a possibility, but what are your expectations after the bear market is over? I ask this because I see many people that seem to be expecting a bull market to appear right after the bear market is over and for what I have seen in other markets that is not the way things happen, after the bear market is over we will not see much happening, the price will remain static for months or even years which can be even harder to endure than the bear market because in that instance not only long term holders do not earn money traders do not earn anything either.

DigitalCyberius

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Well, take a look at a 1 and 3 month BTC price chart: https://coinmarketcap.com/currencies/bitcoin/, it's been on a slow and steady decline.

Maybe good news will come, but probably good not to be expecting another 2017. We shall see.

Have a good day and a good weekend,
The Cyberius team.

Moshaid

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Bitcoin is really struggling to overcome the bearish trend, but with lot of supports It would superceed the bearish stage to a long stage.

fakegurutu

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Quote from: yesyes18 on January 30, 2019, 06:42:57 AM

Pardon my language friends. Just that the market sentiments have got all of us emotional. Now I am no expert or technical analyst but i have noticed one thing and I'm sure most of you have also gotten that.

There were some big news and happenings that could've dragged the price way down but they didn't, tho we took a hit but not as many expected.

-VanEck ETF was withdrawn and market was quite like the cemetery. No response
- Nouriel Roubini did his thing again at the economic forum and previously after doing that, the market doesn't take long to respond downstream but this time it delayed.
- Craig Wright also sid his thing same as the last time we consolidated and he earned insults instead this time
- WhaleAlert tweeted big movement of BTC in millions to exchanges and i saw many shouting dump dump dumo but it seems the response wasn't that hard.
-So called Technical Analysts also started drawing bearish charts and I've seen some of them redrawing today
-Amd as usual, the media never stop doing their thing (Spreading FUD) and some reposting old posts to make them new.

In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.

Maybe some good news are incoming, we can't be sure for now but in general i was happy for the last 24 hours. Let's see what the coming weeks also have for us.

Bitcoin is really fighting this bearish market to stay alive and firm and somehow bitcoin is keeping its ground until now but this bear market seems so strong and some altcoins cannot defend well was moved on to its lowest values, nevertheless bitcoin is holding on to us so we need to do the same and hold your alts and be faithful.

beckspace

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Now the price of Bitcoin is at a very critical point and it is very difficult to decide between the possibility of going down and up. I think, it will attract new investors to Bitcoin some new news and developments are needed, I hope it will come soon.

Twinscoin2017

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Quote from: eaLiTy on February 03, 2019, 12:40:58 PM

Quote from: Ezenwanyi1 on January 31, 2019, 11:01:36 AM

Although I'm not one who much attention to price prediction these days because I have got my fingers burnt more than twice following price prediction signal channels on telegram.
But from my little experience, I agree that the bearish market maybe having it's last breath.
Hopefully, we see bull run soon.

We cannot have a conclusive answer whether the bear market is done, i wont be surprised if the market goes down further before the next rally. The whales will create a panic situation so that the market goes down further so that some will sell of their coins in panic, i am not telling it will happen, but do not be surprised if the market goes down further before the next rally, if the market goes down just invest further and wait for the rally rather than selling off in panic, either way the market will recover in the long run.

Yes I agree on that I believe that this bear market is a big whales manipulation because I see that this is a longest bear market ever. Maybe they really wanted small investors to get panic for them to have a great advantage because they can buy more token in a very low price. Because of the huge dump of the coin in the market place due to the continuous dump of the panic sellers. They maybe find a great ways to earn and that ways maybe to make small investors panic so that the price will drop and they can have the opportunity to own more coin.

eaLiTy

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Have Fun )@@( Stay Safe

Quote from: Ezenwanyi1 on January 31, 2019, 11:01:36 AM

Although I'm not one who much attention to price prediction these days because I have got my fingers burnt more than twice following price prediction signal channels on telegram.
But from my little experience, I agree that the bearish market maybe having it's last breath.
Hopefully, we see bull run soon.

We cannot have a conclusive answer whether the bear market is done, i wont be surprised if the market goes down further before the next rally. The whales will create a panic situation so that the market goes down further so that some will sell of their coins in panic, i am not telling it will happen, but do not be surprised if the market goes down further before the next rally, if the market goes down just invest further and wait for the rally rather than selling off in panic, either way the market will recover in the long run.

deisik

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Quote from: Oceat on February 03, 2019, 11:49:43 AM

Isn't it funny to think that the bullish market appeared once in a while with a short span of time but bearish market spend too much longer? Does anybody notice this? It feels like a one in a million chance to get to the top and the ticket is just limited only. Whales are exempted already though i don't really mind though because i am just enjoying the benefits no matter where it goes

This impression is definitely not true

Bitcoin had been rising since the early fall of 2015 and started as low as $200. In this way, the bullish trend lasted for 16 months. This is not what I would personally call a short span of time unless indeed you were too late to the party. But then it's your fault, not Bitcoin's. Just in case, we have been in a downtrend only for 14 months since December 2017, so we have something like 2 months in reserve for a new cycle to start and still remain in the long-term uptrend which had begun in 2015

Oceat

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Isn't it funny to think that the bullish market appeared once in a while with a short span of time but bearish market spend too much longer? Does anybody notice this? It feels like a one in a million chance to get to the top and the ticket is just limited only. Whales are exempted already though i don't really mind though because i am just enjoying the benefits no matter where it goes.

Reid

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I dont mind at all.
I am not in a hurry so any fluctuations doesnt matter as long as we can keep our bitcoin the same way it was before.
Just keeping myself updated with news.
Dont want to find out that every bitcoin owner will need KYC just so to abide by the law.
When that time comes then maybe I will withdraw. It aint different with fiat anymore.

pat4cryptoreal

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Do not be too emotional over the price of bitcoin. Invest in bitcoin with the mindset of reaping in future, stop checking the coinmarketcap on daily basis. I market will definitely discover.

Sithawaka

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Bitcoin is recovering from the bearish situation it has previously and I am considering about my self as a bitcoin trustee but even I feel it is very easy for any one to doubt but some does that unnecessarily and make decisions by panicking which makes negative effects on both the market and them self in vain and that is why most of the time bitcoin prices move down even it is doing great than in the past and everyone should understand bitcoin has recover many times after dropping in price and specially in this time when everything is working in bitcoins favor definitely there will be a positive trend for bitcoin so patient is what we need at the moment until it recover fully from this condition

Naughty Princess

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Quote from: LFC_Bitcoin on January 31, 2019, 11:06:29 AM

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.

Patience is what we need for this moment that bitcoin dumps for more because we cannot do anything for that to recover soon. Instead take an opportunity to buy more because that will help to change the supply in the market. Time to bullish will come and do not wait for it to come without anything you keep from deep.

deisik

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Quote from: KingScorpio on February 02, 2019, 06:09:56 AM

do you guys know about the F.U. graph?

it describes the bitcoins whales mentality about the poor nocoiners.

Funny, but I don't know what to make out of this. Is it supposed to mean that we should not hope for a reversal soon as this is what comes to mind when looking at this middle finger? As I interpret it, the whales have earned profits, and now they don't give a fuck about what "nocoiners" might think or expect from the market. But as the latter constantly think and dream only of a reversal being "just around the corner", it is not likely to happen any time soon because whales no longer care for Bitcoin. Did I get you correct?

And what is your take on this?

KingScorpio

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Quote from: JRoa on February 02, 2019, 05:36:37 AM

Sadly, the bear market will still remain because of the price correction that is still happening. We should just wait because I am sure that the bull market will occur before the year will end. Just be calm and be positive on whats happening in the market.

do you guys know about the F.U. graph?

it describes the bitcoins whales mentality about the poor nocoiners.

JRoa

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Sadly, the bear market will still remain because of the price correction that is still happening. We should just wait because I am sure that the bull market will occur before the year will end. Just be calm and be positive on whats happening in the market.

DevilSlayer

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Quote from: LFC_Bitcoin on January 31, 2019, 11:06:29 AM

A bit of patience my friend. Bitcoin always goes through phases lile this when everybody is near suicidal.
The price wilp definitely pick up in around 6 months.

Relax.

He lose his control and that's why he ranting about the price of the bitcoin. It is the reason why it is important to have patience. The bear market will still in a long way so we will wait more time for it to end.

Topic: Seems to me Bitcoin is getting over the bear sh*t - page 2. (Read 689 times)