Speculators : Bitcoins is up now 21k buy buy buy ! but...

CageMabok

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Quote from: Vinaa77 on October 04, 2022, 03:56:01 PM

Quote from: gweb1996 on June 26, 2022, 02:29:38 PM

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

What does ponzi, scam have to do with a bear market?
You cannot associate the bear market occurring in the crypto market with ponzi. Ponzi is a real scam. While bearish is a crypto market condition with a downtrend, because there will be an uptrend called bullish.
If you think bearish a scam, then when the bull you will say the fairy is rising.
You have to study the history of Bitcoin a lot so that you gain knowledge about Bitcoin.

Seems like the OP's thinking is still so limited that it's so easy to link three different things for an obscure purpose. Even though the current price decline in Bitcoin is normal and has also happened in the past and has increased again after the completion of the bearish period. As for the Ponzi issue and the Scam problem, they are two different things that also happen to certain places or programs whose origins are not clear.

Vinaa77

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Quote from: gweb1996 on June 26, 2022, 02:29:38 PM

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

What does ponzi, scam have to do with a bear market?
You cannot associate the bear market occurring in the crypto market with ponzi. Ponzi is a real scam. While bearish is a crypto market condition with a downtrend, because there will be an uptrend called bullish. If you think bearish a scam, then when the bull you will say the fairy is rising. You have to study the history of Bitcoin a lot so that you gain knowledge about Bitcoin.

Slow death

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when I see a thread with that title and then I look at the current price, honestly it makes me iri a little, I know you shouldn't laugh at other people's misfortune, but it's that there are advices that we shouldn't give to other people, let's imagine that there were many people who bought bitcoin with the price above 21000$ because they listened to the OP's advice? today the price is at 19000$ and no doubt that someone who bought at 21000$ today must be feeling pain, and if they don't have more money to buy more bitcoin at this price of 19000$, that person is forced to have to wait for the the price arrives and more than 21000$ to make a profit, it's an irritating situation, I know that for those who do hodl for years, you may not feel any discomfort at the drop in price

sayaya17

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Quote from: lixer on October 03, 2022, 04:28:11 AM

Quote from: Jating on September 30, 2022, 03:56:21 PM

just a single negative news will wipe out everything that we work, so from $22k to $18k because of the CPI report. And then we close the month just a shy above $20k. We have been trying to break $25k and yet we always failed because when the price is on a rally, suddenly one FUD will pop out, stopping our momentum.

So now we will enter a new month, and historically this is not a good month in a bear cycle. So I'm not seeing the price going higher than $22k and it could be another sideways for the rest of the month.

For a weak coin maybe, because investors of those coins are mostly people with weak hands but for stronger coins, I don't believe they can be wiped out easily only by just a single negative news but in fact supporters of those coins are excited as they know that some weak hands will panic sell and they will just acquire those sold bitcoins for a cheaper cost.

I can't remember that there is a fud last time by the time btc is raging up to $25k but what can I only see is the excitement of the people which leads for some to continue buying but unfortunately that isn't enough to push the price up to $25k and beyond. October might be a bad month for you but $22k is not hard IMO. It is still possible for btc to get there.

The popularity of Bitcoin is now very high, so many people are familiar with Bitcoin. In fact, many investors have realized the importance of
holding Bitcoin until the bull market comes if they want to make big profits. So I believe any bad news that emerges will not affect Bitcoin's
performance too much. As you said only weak hands will panic and sell Bitcoin at low prices. While people who are experienced in
the crypto world as well as people who study Bitcoin well, I believe they will be optimistic about the future of Bitcoin.

Although Bitcoin has always failed to rise above $25k, and historically October has not been a good month for Bitcoin. This does not mean that
we are pessimistic about the movement of Bitcoin, we have to remember that Bitcoin has a high demand, and also the movement of Bitcoin is
difficult to predict. So there is a possibility that the Bitcoin price will go up in October, so I hope we stay optimistic. But if the Bitcoin price is
sideaway this month, we don't have to be disappointed, because indeed to generate large profits from Bitcoin we have to be patient holding Bitcoin
in the long term.

Lambe Ndumble

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without any motivation from speculators bitcoin will skyrocket naturally, this is a natural factor that occurs due to demand and stock, it is impossible for people to miss the opportunity to buy at prices below $20k like now, moreover the potential for bitcoin is very large to rise soon.

lixer

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Quote from: Jating on September 30, 2022, 03:56:21 PM

just a single negative news will wipe out everything that we work, so from $22k to $18k because of the CPI report. And then we close the month just a shy above $20k. We have been trying to break $25k and yet we always failed because when the price is on a rally, suddenly one FUD will pop out, stopping our momentum.

So now we will enter a new month, and historically this is not a good month in a bear cycle. So I'm not seeing the price going higher than $22k and it could be another sideways for the rest of the month.

For a weak coin maybe, because investors of those coins are mostly people with weak hands but for stronger coins, I don't believe they can be wiped out easily only by just a single negative news but in fact supporters of those coins are excited as they know that some weak hands will panic sell and they will just acquire those sold bitcoins for a cheaper cost.

I can't remember that there is a fud last time by the time btc is raging up to $25k but what can I only see is the excitement of the people which leads for some to continue buying but unfortunately that isn't enough to push the price up to $25k and beyond. October might be a bad month for you but $22k is not hard IMO. It is still possible for btc to get there.

Jating

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Quote from: LogitechMouse on September 14, 2022, 12:32:02 AM

Quote from: Kemarit on September 13, 2022, 09:24:29 PM

Quote from: GeorgeJohn on September 12, 2022, 11:46:41 AM

Quote from: asrinur on September 12, 2022, 06:29:37 AM

It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month.

The price of Bitcoin is not something we can predict exactly the price. Because this price we are emphasising on, or lamenting every season, do we realize that the price of Bitcoin either it's on falling situation or rising situation, it's determine by the market condition. Actually the demands and supply in the market is what triggers the rising of bitcoins in market, and secondly i believe that when the demand is high the price of bitcoin will rise and when the demand is low the price of bitcoins will fall. And we have to observe this, that whenever we are fast approaching December the price of Bitcoin do rise

And then there is the factor of news, FUDs that have affected the market in a negative way.

The inflation report has just been released, Sept 13 and it didn't looks good at it put a huge dent on the market price, plummeting 10% pulling down the price to low $20,000 when we are just making a huge rally because of the ETH merge. Hopefully we can at least get back to our feet and reaches $21,000 before the end of the week so that we can make a run before this month end and closes on a positive candle.

These are the reasons why I don't see Bitcoin going higher than $25,000 or maybe $30,000 this year.

Lots of negative news, lots of factors that causing the price of not only crypto market but stock market to either fall or remain sideways. Inflation still high and ETH merge might pump Ethereum and maybe other coins, but only in the short term. $21,000 to me seems achievable since we hit that price already many times, but right now, price of Bitcoin is now at the $20,000 price again after reaching the $22,000 price, dropped by almost 13% in a single day. The daily chart shows a green candle though so maybe we might see Bitcoin go up slowly again.

Yeah, just a single negative news will wipe out everything that we work, so from $22k to $18k because of the CPI report. And then we close the month just a shy above $20k. We have been trying to break $25k and yet we always failed because when the price is on a rally, suddenly one FUD will pop out, stopping our momentum.

So now we will enter a new month, and historically this is not a good month in a bear cycle. So I'm not seeing the price going higher than $22k and it could be another sideways for the rest of the month.

LogitechMouse

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Quote from: Kemarit on September 13, 2022, 09:24:29 PM

Quote from: GeorgeJohn on September 12, 2022, 11:46:41 AM

Quote from: asrinur on September 12, 2022, 06:29:37 AM

It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month.

The price of Bitcoin is not something we can predict exactly the price. Because this price we are emphasising on, or lamenting every season, do we realize that the price of Bitcoin either it's on falling situation or rising situation, it's determine by the market condition. Actually the demands and supply in the market is what triggers the rising of bitcoins in market, and secondly i believe that when the demand is high the price of bitcoin will rise and when the demand is low the price of bitcoins will fall. And we have to observe this, that whenever we are fast approaching December the price of Bitcoin do rise

And then there is the factor of news, FUDs that have affected the market in a negative way.

The inflation report has just been released, Sept 13 and it didn't looks good at it put a huge dent on the market price, plummeting 10% pulling down the price to low $20,000 when we are just making a huge rally because of the ETH merge. Hopefully we can at least get back to our feet and reaches $21,000 before the end of the week so that we can make a run before this month end and closes on a positive candle.

These are the reasons why I don't see Bitcoin going higher than $25,000 or maybe $30,000 this year.

Lots of negative news, lots of factors that causing the price of not only crypto market but stock market to either fall or remain sideways. Inflation still high and ETH merge might pump Ethereum and maybe other coins, but only in the short term. $21,000 to me seems achievable since we hit that price already many times, but right now, price of Bitcoin is now at the $20,000 price again after reaching the $22,000 price, dropped by almost 13% in a single day. The daily chart shows a green candle though so maybe we might see Bitcoin go up slowly again.

Kemarit

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Quote from: GeorgeJohn on September 12, 2022, 11:46:41 AM

Quote from: asrinur on September 12, 2022, 06:29:37 AM

It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month.

The price of Bitcoin is not something we can predict exactly the price. Because this price we are emphasising on, or lamenting every season, do we realize that the price of Bitcoin either it's on falling situation or rising situation, it's determine by the market condition. Actually the demands and supply in the market is what triggers the rising of bitcoins in market, and secondly i believe that when the demand is high the price of bitcoin will rise and when the demand is low the price of bitcoins will fall. And we have to observe this, that whenever we are fast approaching December the price of Bitcoin do rise

And then there is the factor of news, FUDs that have affected the market in a negative way.

The inflation report has just been released, Sept 13 and it didn't looks good at it put a huge dent on the market price, plummeting 10% pulling down the price to low $20,000 when we are just making a huge rally because of the ETH merge. Hopefully we can at least get back to our feet and reaches $21,000 before the end of the week so that we can make a run before this month end and closes on a positive candle.

GeorgeJohn

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Quote from: asrinur on September 12, 2022, 06:29:37 AM

It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month.

The price of Bitcoin is not something we can predict exactly the price. Because this price we are emphasising on, or lamenting every season, do we realize that the price of Bitcoin either it's on falling situation or rising situation, it's determine by the market condition. Actually the demands and supply in the market is what triggers the rising of bitcoins in market, and secondly i believe that when the demand is high the price of bitcoin will rise and when the demand is low the price of bitcoins will fall. And we have to observe this, that whenever we are fast approaching December the price of Bitcoin do rise

asrinur

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Quote from: Jating on August 19, 2022, 04:38:20 PM

Quote from: bots1 on August 19, 2022, 11:01:58 AM

Quote from: ethereumhunter on August 10, 2022, 11:24:30 AM

Quote from: bots1 on August 09, 2022, 07:06:58 AM

I think that although there is a little bit of Bitcoin price movement currently in the $23K area, the current price movement doesn't have the potential to be an important enough area for significant gains. It's better not to rush to buy and stay careful in the market situation is still not stable, don't panic too. It would be wiser to wait until we see indications of a bitcoin rebound.

The bitcoin price has returned to $24k and hopefully, the price can continue to increase upwards. For those who bought bitcoin at yesterday's low, this is an opportunity to take profits but if they still want to keep it, that's up to them. But it looks like it's an uphill battle for bitcoin as the price will probably keep going up and down from $23k to $24k. Hopefully, this month, there will be a lot of good news for crypto so this can be a trigger for bitcoin to start rising and get rally.

It seems that in this month it is difficult to see the trigger for bitcoin prices to continue to rise. After the bitcoin price had risen to the $24k area the last few weeks, but now bitcoin has weakened again where the bitcoin price has fallen back to the $21k-$22k area. In the current market situation we should not be rash to buy because the price of bitcoin still has the potential to fall even further.

Yep, when we thought that the market just rest after going down to $23k, now it continue it's downtrend and we may hit $20k again. So it's very hard to see that this month might be a green candle again if this trend will continue in the next two weeks. The question is, what trigger another set of sell off in the last 24 hours? We've been so positive in the last 4 weeks and so again it baffles us, seeing the price going in the $20k'ish and it will take a lot of time to bounce back again.

It's hard to know for sure what triggered the intense selling that caused bitcoin's price to drop again in recent days. Therefore, seeing the bitcoin price currently hovering around $22k, it seems that the bitcoin price has the potential to go down again and move to the $20k area at the end of this month.

Ayers

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Quote from: cryptomaniac_xxx on September 02, 2022, 04:33:59 PM

Quote from: asrinur on August 30, 2022, 08:23:29 AM

`~

We've been dropping to $19k again, and so yes we are still in the bearish cycle and I think it can go like this till the end of the year. You can't fault those people who are nervous and panic and sell during this time, because they are afraid of further down turn resulting in their portfolio getting red.

But there are a lot of smart investors who take advantage of this sentiments and continue to accumulate bitcoin. Maybe that is the only thing they known. regardless of what the market offers to them, they will used the strategy of DCA every month amassing bitcoin in their wallet.

the bear market is sure to last, it won't end as soon as people think, panic selling is still going on and this is mostly done by newbies, weak hands, it really doesn't make sense to sell at this point but unfortunately this has happened

the lower the price of bitcoin, the more panic the market is and that is the target of the sharks, they like it because they have a lot of money and can buy bitcoin at the cheapest price

cryptomaniac_xxx

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Quote from: asrinur on August 30, 2022, 08:23:29 AM

Quote from: bestcoins1 on August 19, 2022, 09:50:07 PM

Quote from: bots1 on August 19, 2022, 11:01:58 AM

It seems that in this month it is difficult to see the trigger for bitcoin prices to continue to rise. After the bitcoin price had risen to the $24k area the last few weeks, but now bitcoin has weakened again where the bitcoin price has fallen back to the $21k-$22k area. In the current market situation we should not be rash to buy because the price of bitcoin still has the potential to fall even further.

The lowest price area for Bitcoin today is below $21K although it hasn't reached $20K yet, but if you want to buy in the $20K price area I think there's no need to be afraid and it's also not considered a hasty thing because an increase in Bitcoin will always exists as long as one can be patient and wait for another increase to occur in Bitcoin.
So try to buy as much as you can gradually when the price is declining because it's much better than someone buying when the price is rising.

Seeing that the current crypto market situation is still in the red zone, we really don't need to be afraid to buy while the bitcoin price is still low if we can hold it in the long term until bullish momentum occurs again in the future. However, even though the bitcoin price has not yet reached $19k, we can be patient and wait to buy at that price because it is possible that the bitcoin price has the potential to drop to the $19k area, moreover the selling action is still strong in the current market.

We've been dropping to $19k again, and so yes we are still in the bearish cycle and I think it can go like this till the end of the year. You can't fault those people who are nervous and panic and sell during this time, because they are afraid of further down turn resulting in their portfolio getting red.

But there are a lot of smart investors who take advantage of this sentiments and continue to accumulate bitcoin. Maybe that is the only thing they known. regardless of what the market offers to them, they will used the strategy of DCA every month amassing bitcoin in their wallet.

asrinur

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Quote from: bestcoins1 on August 19, 2022, 09:50:07 PM

Quote from: bots1 on August 19, 2022, 11:01:58 AM

It seems that in this month it is difficult to see the trigger for bitcoin prices to continue to rise. After the bitcoin price had risen to the $24k area the last few weeks, but now bitcoin has weakened again where the bitcoin price has fallen back to the $21k-$22k area. In the current market situation we should not be rash to buy because the price of bitcoin still has the potential to fall even further.

The lowest price area for Bitcoin today is below $21K although it hasn't reached $20K yet, but if you want to buy in the $20K price area I think there's no need to be afraid and it's also not considered a hasty thing because an increase in Bitcoin will always exists as long as one can be patient and wait for another increase to occur in Bitcoin.
So try to buy as much as you can gradually when the price is declining because it's much better than someone buying when the price is rising.

Seeing that the current crypto market situation is still in the red zone, we really don't need to be afraid to buy while the bitcoin price is still low if we can hold it in the long term until bullish momentum occurs again in the future. However, even though the bitcoin price has not yet reached $19k, we can be patient and wait to buy at that price because it is possible that the bitcoin price has the potential to drop to the $19k area, moreover the selling action is still strong in the current market.

btc78

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Quote from: Epaper on August 13, 2022, 02:08:32 PM

Bitcoin is currently trading in the $24k price range and if people are buying when the price is in the $21k area they will be very lucky right now. However, even though the price of bitcoin is starting to rise, it seems that it will be difficult for bitcoin to reach the target price of $100k this year.

very difficult mate , 100k just from the previous bull market? for me according to the previous years ? bitcoin is hardly to come in this high because it may happen just every halving season.

Quote from: ultrloa on August 26, 2022, 05:22:02 PM

As many people speculate about major sell off once Mt.gox coins will be release provably we will experience some dumping because I think people think about that this will cause a dump. Let see if we can see this one can cause a continuous dump for more weeks since once there's some event to cover up this fud for sure people will forget about it and start accumulate back again.

Lets look at the bright side mate , and that is the chance to buy once more with so much cheaper price.

btc_angela

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Quote from: OgNasty on August 26, 2022, 04:44:11 PM

Looks like we're getting a weekend dump. Seems pretty standard for when the price is meant to be lower to selloff at times like now. This is most likely selling to get ahead of the mtgox coins as there isn't a huge incentive to buy here. The pain could continue for a few weeks so strap in. Once the smoke clears though it will be off to the races so if you've been sitting on the sidelines it's time to start thinking about your entry price.

I was out for more than 24 hours and haven't check at all, but I was surprised to see a weekend dump, and not sure what is the reason for the current dump. Maybe it was really has to do something with the Mt. Gox coins or just manipulators trying to ride with that news and obviously influencing others to sell so that they can buy it cheap again. Usually weekends is very slow nevertheless we are in the boundary to go below $20k again. Hopefully we won't and the support will currently hold.

ultrloa

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Quote from: OgNasty on August 26, 2022, 04:44:11 PM

Looks like we're getting a weekend dump. Seems pretty standard for when the price is meant to be lower to selloff at times like now. This is most likely selling to get ahead of the mtgox coins as there isn't a huge incentive to buy here. The pain could continue for a few weeks so strap in. Once the smoke clears though it will be off to the races so if you've been sitting on the sidelines it's time to start thinking about your entry price.

As many people speculate about major sell off once Mt.gox coins will be release provably we will experience some dumping because I think people think about that this will cause a dump. Let see if we can see this one can cause a continuous dump for more weeks since once there's some event to cover up this fud for sure people will forget about it and start accumulate back again.

OgNasty

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Looks like we're getting a weekend dump. Seems pretty standard for when the price is meant to be lower to selloff at times like now. This is most likely selling to get ahead of the mtgox coins as there isn't a huge incentive to buy here. The pain could continue for a few weeks so strap in. Once the smoke clears though it will be off to the races so if you've been sitting on the sidelines it's time to start thinking about your entry price.

serjent05

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Quote from: gweb1996 on June 26, 2022, 02:29:38 PM

It starting to feel that "Bitcoin game" is a scam ...a big ponzi ...

If you think that Bitcoin which is driven by purely supply and demand is a scam and a big Ponzi scheme then you must also say that all things on the market and stock exchange are pretty much a Ponzi scheme since they are also driven by supply and demand. If you wanted to take advantage of the Bitcoin market, you need to consider your intention and why you are buying Bitcoin. If your goal is simply to get a profit in a short amount of time I think investing in bitcoin won't meet your expectation.

popeye95

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^ merge your post into one bro. If not, they might get deleted for the double post rule.
Anyways, after 2 months, we're back to square one again now. BTC's hovering around 21k and doesn't like it'll make a break away from that price anytime soon. Wonder if anyone invested in BTC 2 months ago at 21k: Do you guys still holding it, or has cashed out at 24k? Things like this reinforce my mind that you shouldn't hold altcoins for the long term when the market is bearish.

Topic: Speculators : Bitcoins is up now 21k buy buy buy ! but... (Read 918 times)