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Topic: Seems to me Bitcoin is getting over the bear sh*t - page 3. (Read 689 times)

full member
Activity: 385
Merit: 100
It would be perfect if your are right. I’m very tired in this bear market. All crypto currencies are falling and the same situation is with my portfolio. If bitcoin will make x2 before summer it would be fantastic.
jr. member
Activity: 308
Merit: 8
Market sentiments through news drive the market and the bearish market have been with us for too long and I think the market has to reverse or more people will lose confidence in the crypto business. If all the news mentioned could not drag bitcoin price to speculated $2500 then we are closer to the end of the bearish market.
member
Activity: 644
Merit: 10
COVIR.IO
Bitcoin price stable above $3000 and below $4000 because there is no good news. But if bitcoin ETF started, i think it will be good catalyst for bitcoin price and perhaps the price could rising again. But bitcoin price always volatile and i think i will keep holding
copper member
Activity: 299
Merit: 1
Absolutely, I made a blog post last week about the current state of bitcoin market, bitcoin has been stable for quite a while now and I think something nice is coming
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
The VanEck ETF is back on the table buddy.  Grin They just withdraw it during the US Government shutdown, to prevent the SEC from rushing a decision and possibly getting a denial of the proposal. Now that the shutdown has ended, it was once again submitted and the SEC have once again 240 days to respond.  Roll Eyes

I have a feeling that the decision will be done much sooner than September, because they had enough time to consider the previous application.  Grin
legendary
Activity: 1946
Merit: 1137

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

Nah, it's just the usual dump on weekends, but we have a strong support along the $3000-$3200 so it didn't go that low. Right now the price is on the green so nothing to be worried.

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.


Good news or not, the price looks solid to me, maybe the bears is at the point of exhaustion so I don't see a dramatic drop or even hits another all-time-low.

it is not a "dump" when the drop is  very small. and what we had in the weekend was a tiny drop and from $3500 to $3200 is considered fluctuations not even a drop.
with that said i agree with the fact that the market looks solid right now although it also has a lot of uncertainty in it. since many investors are still scared of the manipulation that has gotten us here and want to come back in when they can feel the safest. all we need now is a rise above $4k to kick start the rally as everyone rushes back in.
hero member
Activity: 2842
Merit: 772

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

Nah, it's just the usual dump on weekends, but we have a strong support along the $3000-$3200 so it didn't go that low. Right now the price is on the green so nothing to be worried.

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.


Good news or not, the price looks solid to me, maybe the bears is at the point of exhaustion so I don't see a dramatic drop or even hits another all-time-low.
sr. member
Activity: 826
Merit: 265
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.
There is no assurance that after 6 months the price of bitcoin will boom and just keep on waiting guys because maybe in this year we can see another bull run. Stay calm and keep supporting bitcoin until the price rise up and so we can gain high income like what happen in the year of 2017.
Stop looking for the hype of 2017 mate because this is the case why people here are seeking for much higher prices but in reality we are too far from that almost $20,000 value.why not be contented for what is market providing us ?we can earn little by little without losing faith and trust so keep it up .

the speculative comments now seems becoming more misleading so for me lets accept what we have right now and just wait if what the movements brings us
legendary
Activity: 3178
Merit: 1054
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.

Though I respect your opinion, but I don't think the price will pick up in 6 months! Bitcoin bearish situation has been running for 1 year! Every month's people kept saying next month, that month, at the end Bitcoin price will increase. But In every month of 2018, bitcoin went to down! So, here 6 months or 1-year strategy won't work anymore. I think it will take more time.
There's no real specific time indeed, what we are speculating are possible reversal and how long it will show up, Bitcoin bearish season still extending as panic sellers and weak holders are riding with the trend.

We can say it's done when it's really done when the bull are strongly moving forward commanding the new trend for investors and traders to enjoy the market.

its time to remind them to buy back. BTC is far from being destroyed is still more than $3k so it proves to be stronger than those who spread fud. the market ain't moving up but i think the tides are calming down. i see different movements this time. the crypto market cap is increasing yet the price of BTC is still.
hero member
Activity: 1302
Merit: 540
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.

Though I respect your opinion, but I don't think the price will pick up in 6 months! Bitcoin bearish situation has been running for 1 year! Every month's people kept saying next month, that month, at the end Bitcoin price will increase. But In every month of 2018, bitcoin went to down! So, here 6 months or 1-year strategy won't work anymore. I think it will take more time.
There's no real specific time indeed, what we are speculating are possible reversal and how long it will show up, Bitcoin bearish season still extending as panic sellers and weak holders are riding with the trend.

We can say it's done when it's really done when the bull are strongly moving forward commanding the new trend for investors and traders to enjoy the market.
copper member
Activity: 65
Merit: 3
Woop woop. The bear's not over but dramas and emotional commentaries are a bit of lower these times. Its just about time until we see bitcoin pick up its highs again.

the bear market is technically over when the drop ends and price reaches the bottom. it doesn't have to start rising back up right away to no longer be considered a bear market. in fact this "reversal" is some sort of transition and for that to happen, a long time needs to pass specially when there are many greedy whales in the market who want to accumulate as much as they can.

Perhaps we should call them short-sided or lazy because wealth accumulation is something we all want.
Manipulating the market makes money but lowers trust and stuns longer-term appreciation.
copper member
Activity: 65
Merit: 3


Since the market has slowly calm down and yes I think we can say the bears are slowly stopping now.  Bulls must now start proving that Warren Buffet isn't as brilliant as he thinks when he said bitcoin won't end well. A lot of stupid who didn't see the staggering proof why blockchain will survive believe that old fart.

What WB said is 100% true for the same reason no government regime ends well and for the same reason we don't use Spanish pesos anymore.

However, I don't think crypto, decentralized cryptocurrency, etc will every entirely go away. Perhaps they'll be replaced by a better product of hard fork. Even if the market crashes there is still a deep use-value that Wellington Buffett may or may not be emotionally in tune with. If he wanted to anonymously wire money he could ask his accountant to figure it out. I do not support anti-social, nefarious, or otherwise "shady" activities however everybody has a different definition. Thus there will always be a crypto market for those who want to make transactions for things on the fringes or out of bounds. Crypto makes the ability to work around the system level for guys like Buffet or some blue-collar worker who wants to buy something or wire a taxable large sum of money to a friend (with mitigated taxes, like corporations can do with great accounting) or an immigrant wiring money to avoid a $5 fee. These kinds of transactions become something people need, that they believe in. I think he misses this.

Also, bull runs are great for some, tragic for some.. For me, stable increase in growth that stimulates more and more commercial offerings is the ideal goal.
sr. member
Activity: 952
Merit: 308
keep your friends relaxed, bitcoin doesn't just experience this phase once. In 2014, bitcoin has experienced a phase like this, you just need to trust it to get good results
legendary
Activity: 3472
Merit: 10611
Woop woop. The bear's not over but dramas and emotional commentaries are a bit of lower these times. Its just about time until we see bitcoin pick up its highs again.

the bear market is technically over when the drop ends and price reaches the bottom. it doesn't have to start rising back up right away to no longer be considered a bear market. in fact this "reversal" is some sort of transition and for that to happen, a long time needs to pass specially when there are many greedy whales in the market who want to accumulate as much as they can.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Woop woop. The bear's not over but dramas and emotional commentaries are a bit of lower these times. Its just about time until we see bitcoin pick up its highs again.

Frustration is a normal emotion when you see your monetary value goes down. But if you understand cycles and patterns, we just have to endure all of those frustrations. There will be an end for this bear but only time can tell when.
member
Activity: 322
Merit: 20
Donating 10% to charity
I have noticed over the years that as bitcoin matures as a currency it is more likely resists price manipulations. This is also evident in higher stability in the value which some call a stagnant market.
The bearish trend is not over yet, we would need an actual price surge above $5000 to entertain any discussions on that.

Yeah this can be truth, just like it happens with a lot of the fiat currencies right now. Manipulating the price of one takes a lot of contacts in a lot of different positions for that to happen and not just anyone can do that. I saw it really carefully in Venezuela during this last few years especially.

Let's wait for the rise but i have faith it will go up eventually, when? Cryptocurrency is extremely hard to predict, most predictions always fails that is another aspect that makes it really interesting.
full member
Activity: 812
Merit: 114
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.

Though I respect your opinion, but I don't think the price will pick up in 6 months! Bitcoin bearish situation has been running for 1 year! Every month's people kept saying next month, that month, at the end Bitcoin price will increase. But In every month of 2018, bitcoin went to down! So, here 6 months or 1-year strategy won't work anymore. I think it will take more time.
member
Activity: 574
Merit: 12
well you may be right but no one can tell for sure if bitcoin is getting over the bear market yet. the price seems to fluctuate with a certain price for now. no one knows for sure what will happen to the price of bitcoin in time coming
member
Activity: 546
Merit: 12
Bitcoin hasn't even yet gotten over $3500 and we want it to get over the bearish market that is a futile hope.
All the event that you mentioned has not impacted on the market positively to predict a bull run
It seems yoy didn't get my message but I wasn't saying it wss an impact for a bull run. I said they could've caused a huge dump because we alk witnessed what happened when Craig and his crew caused panic but this time, we saw all those indicators at a consolidation but we got sone support.
Anyway as everyone is saying, it's still very early to tell. We need more time and months to confirm the end of a bear season.
copper member
Activity: 140
Merit: 3
VanEck has resubmitted their etf application and another group has also done it as well. With two being submitted today it is safe to say that the future is looking good for bitcoin and institutional investors
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