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Topic: Seems to me Bitcoin is getting over the bear sh*t - page 4. (Read 689 times)

jr. member
Activity: 448
Merit: 1
Well its good to be very hopeful but a little bit of patience the year is just starting and it could probably take months for the bitcoin to gain a little bit of stability the price is just fluctuating for the now a little more pateince
member
Activity: 756
Merit: 14
I've been impressed so far that bitcoin can still manage to keep the 3000plus in price till Feb 1 ,I thought it will fall further down to 2000$ mainly because of the postpones of the good news in January ,I'm talking about bakkt and ETH upgrade ,bitcoin is really getting stronger
full member
Activity: 1848
Merit: 158
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.
Yes right, these people seem impatient in their lives, if we continue to want profits without thinking of losses, then we don't live in this world, because life in the world is very bitter and sweet, for now we are in a time of sadness due to continued down, but this is not the end of Bitcoin.

absolutely this is not the end of bitcoin. now that more and more shops are accepting crypto payments as well as more real blockchain projects are being introduced in the community, we have high hopes that bitcoin will rise again.
jr. member
Activity: 278
Merit: 5
Invest and play
Been a while I paid attention to the crypto market seems we have a bottom! Don't think there would be a further fall before the interest returns and sparks a bull. Kudos to all Hodlers and believers.
member
Activity: 572
Merit: 10
How low would not fall bitcoin it have will still get support. Large investors will not allow to lower the price lower than necessary. Now bitcoin is more or less stable, but I think that we still expect a strong drawdown. I don't know when, I'm not good at predicting, but we'll see what happens.
member
Activity: 336
Merit: 10
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.
Yes right, these people seem impatient in their lives, if we continue to want profits without thinking of losses, then we don't live in this world, because life in the world is very bitter and sweet, for now we are in a time of sadness due to continued down, but this is not the end of Bitcoin.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
-VanEck ETF was withdrawn and market was quite like the cemetery. No response

Breaking: CBOE Re-Files Bitcoin ETF Application Following End of Government Shutdown

they are back

- Craig Wright also sid his thing same as the last time we consolidated and he earned insults instead this time

forget faketoshi, because he wants to destroy bitcoin

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

we're still struggling to stay above $3300, so it's too early to celebrate

legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
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.
legendary
Activity: 3248
Merit: 1402
Join the world-leading crypto sportsbook NOW!
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.
In all, I can say that the drop in the last 24-48 hours could've been scary but it got a support.
That might be true, but I am not sure it means that the bearish trend is over. We can hope that Bitcoin hit ATL, but I don't see any perspectives for the price climbing up. Moreover, the $6.5k barrier was very resistant towards bad news for some time as well, so perhaps it's just not the kind of news to some the price go down... And until we see the price at least getting to the previous level of most of 2018, I don't think we are reasonable in being positive about soon recovery. Perhaps the Bakkt release and Japanese experiment would do that trick.
legendary
Activity: 2618
Merit: 2304
-So called Technical Analysts also started drawing bearish charts and I've seen some of them redrawing today

In my opinion, technical analysis is almost useless for forecasting prices on crypto exchange markets, so do not pay attention to the charts that it draws.


the reason why market is not responding to the FUDs is mainly because the price is over dumped. it may not look like it now but bitcoin value at this point is a lot higher than $3500 which is why it is becoming increasingly difficult to dump it any more.

Recently Bitcoin has already dropped to $3150. If we assume that this value is a strong support level, BTC could go down by another $300. There is still no significant positive news for a bull run.

Don't worry. Bitcoin will struggle.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
There is a reason why the price don't respond to news/fundamentals anymore. Those who are observant should know the reason.
I think the typical media FUD has kind of decreased. There is one other problem we currently face. I just hope it doesn't create a problem in the future.
jr. member
Activity: 229
Merit: 3
EndChain - Complete Logistical Solution
Maybe most people have the belief that the estimation of the bear market ending on April 2019 is valid so every day news do not affect as much. I do not want to say that crypto market becomes more wise or that emotion does not rule over it because it does not seem to be the case. It is good that negative news did not sent the price lower.
member
Activity: 588
Merit: 10
I hope that it will happen like your prediction. But in my opinion, we have to wait and it need the time. 
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag


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.
full member
Activity: 506
Merit: 101
1 & 0 😏
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.
Maybe. The price seen at the moment does not point to good things. It is spoken that the price will go to $2700-2600 wherever I look. But we are still all hopeful and hopefully this hope will help increase the price.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
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.

Don't you think your title should have been more like "Bitcoin got a strong support" or something like "Bitcoin is getting stable".
While bitcoin does have a strong support around $3400 it still hasn't shown us any bullish signs. Although the market is getting stable there are no positive news spreading around.
We really can't predict how this year would be for the crypto community.
full member
Activity: 1330
Merit: 147
Here is a type of someone who have investment in bitcoin,
-looking for related information about regulation of bitcoin/cryptocurrency as a whole everyday.
-Judge the information
-sell if he judged the information is bad
-hold if he judged the information is good
-repeat for the next day
Most people did it, and for some people who have full confidence of bitcoin future tense so he will be indifferent.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Can you tell us why you think bitcoin is a ponzi scheme? You pretty much have the same nonsense arguments like those bitcoin haters that doesn't even have valid reasoning.

Also, how is using a "cryptoindex" a scam?
sr. member
Activity: 1470
Merit: 325
interesting list you have gathered here. i didn't even notice most of these things here! but i usually don't follow the drama specially when the media is filled with a lot of negativity towards bitcoin.

the reason why market is not responding to the FUDs is mainly because the price is over dumped. it may not look like it now but bitcoin value at this point is a lot higher than $3500 which is why it is becoming increasingly difficult to dump it any more.

oh its not difficult to dump bitcoin even deeper, it will basically desillusion you (the bitcoin founders)

as ponzischemers, that seeked to scam whole world with their corupt and zentralised cryptoindex

you will then end up staying like a cult marketing your trash and your index to everyone.

that point is reachable and bitcoin price will then be in the 1 digit again.

people will feel uncomfortable, when they will be offered bitcoin.
sr. member
Activity: 882
Merit: 282
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.

This question prompt in my heart whenever this issue of ETF come in discussion. It is seeing as a tools in the hands of big market players in other to manipulate the market.  Sec rejection throughout 2017 and 2018 do bring bitcoin price down and that that the application is withdrawed bitcoin did not react to it.  It seems some one is robbing Peter to pay Paul. The micro investors has really lose out and big fund has been pull to whales through out last year till this moment.  I think  bearish market is almost over and we can start seeing bullish trend since the tools used is out of the way.
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