Topic: The fall from 65k to $30k was the best thing to ever happen to Bitcoin - page 2. (Read 1225 times)

Well well, what do we have here

PLAGIARISM by the exact member that posted that Bitcoin would fall!

Especially Bitcoin holders must be very happy about it. Because it is a golden opportunity to accumulate some more. But it is not very good news for short-term investors obviously. They will have to wait for more time to reach their goals.

Obviously, you are a newbie, and the obvious reason while your thinking about Bitcoin is only about the profit you can make. If real investors that have firm belief in Bitcoin had not supported the Network I don't believe you would be here talking about making profits off Bitcoin. Bitcoin has had way dips than this in the past and investors that have held for a long are most of the Bitcoin Millioniers today and if Bitcoin wasn't a store of value that wouldn't have been.
So, you can continue to wait for your $15k-$20k Bitcoin price till gray hair.

everyone has their own opinions and views, but with the price dropping, everyone will buy it massively and invest it in the future. And we hope this is only a short-term decline in bitcoin itself. We hope the price will go up again in the future

When price is one of the considerations, make price movements into certain opportunities with a period of time, basically there are many opportunities there because of fluctuations. Hopefully a lot of new things can really lift bitcoin back at $60k+.

Shitcoiners like you who have only ever been here to post bounty reports and one-liners shouldn't really be commenting so confidently about the path that Bitcoin price will take. You have no idea what Bitcoin is about. All these ideas about safe haven, hedge, SoV are buzzwords you hear and then repeat.

So frankly, just make it easy for everyone and keep your uninformed, baseless opinions to yourself. If all you understand about Bitcoin is the dollar value, then you are the kind of people who are better off selling.

Elon Musk tweets could only move the market temporary but not permanently. Recently, he tweeted that Tesla only sold 10% of the bitcoin to check its liquidity which was a good news but that pump remain only for few days and now bitcoin is back near 35,000$. Overall bitcoin is looking bearish.

You make little sense Lorence in your attempt to make kuldipgajjar appear to be reasonable.

In essence, kuldipgajjar is making a bet on one direction (which of course is down), and also making quite a few negative assertions regarding where bitcoin is at currently.

The ONLY way that kuldipgajjar will come out potentially good in this kind of situation (presuming that his actions are somewhat matched with his words) is if he ends up being correct, which seems to be a bit of a long shot, currently. 

Sure, anything could happen, so kuldipgajjar, could end up betting correct on seemingly longshot circumstances, and really with his seemingly pessimistic framing of BTC, even if it were to dip down to his target zone, from his already stated words, he seems to hold little to no confidence in BTC as an investment, so why would anyone like him all of a sudden have confidence to buy in the $15k to $20k price arena.. I surely have my doubts.. but anyhow, we are hardly likely at all to even find out, so who really cares.  On the other hand, if BTC prices dip below $25k, then perhaps then we might be able to take $15k to $20k prices seriously, but even that is not seeming too likely.. but sure, I would be willing to more seriously consider $15k to $20k as being within striking distances were we to get prices below $25k in the coming months...

I am currently thinking that more likely seems that we will witness BTC prices above $50k before we are seeing BTC prices below $25k..

BTC price drops and all the long term holders started buying the coins.
But the ones who really wanted to make the price high are sad now.
I myself feeling the pain of those who bought coins when price was around 50k USD.
Moreover when the price is down, it gives more chances that the price will break his ATH soon.
So let’s see what happens in the future.

That's a bit debatable because if you hodl your bitcoin for long-term pretty sure that you will be able to hedge your wealth against inflation but if you are on a short-term then it becomes speculative so in a way, it's a bit of both.

almost half is reduced in btc price but it was a good thing especially to the newly entrants and for the people that are waiting for a big crash .
 you list a couple of good news but some of them are not related to the crash like the legalization of btc by the banks but they will continue this agreement whatever the status of btc is .
some of the events couldnt happen if btc didnt crash .  its true that what kills you makes you even more stronger .

Have fun staying poor kuldipgajjar.

The odds are quite against you if you really believe that nonsense.  If you happen to be someone who is new to bitcoin or you just recently got in, and if you are currently feeling shaken, then you might need to reconsider your finances in order that you can get yourself to a comfortable position, financially and psychologically.  

So of course setting some targets is good, but any target should attempt to be realistic, and these days should likely involve creating decent and practical ideas around BTC accumulation until you have reached a comfortable level with that too.  

There is going to be a lot of variance between the circumstances of people in terms of if they already own some BTC and then other aspects in respect to their personal situation, including goals that might help to inform them what kind of approach forward may well be good from here in regards to BTC accumulation or perhaps maintenance.

By the way, any prudent and practical BTC plan is going to attempt to prepare for both UP and DOWN, and frequently people put way too much preparations in DOWN (or meaning that they have failed and refused to prepare for UP) and not enough preparations in UP.... and anyone who does not adequately and meaningful prepare for UP could end up regretting that...

Failure/refusal to adequately and meaningfully prepare for UP seems to be a repeating story in bitcoinlandia.. that I have seen numerous times since 2013/2014 .... especially during correction periods.. sure lots of people get excited when the BTC price is going UP, yet many times the preparations and the meaningful and adequate accumulations of BTC are taking place during down periods, correction periods or flat price periods.. like the one that we are in now and may well look temporary when we look back on it, even though it has been happening for about a month - or even longer (depending upon from when measured), so far..

My target price for Bitcoin is 15K-20K during the next few weeks. The party is clearly over, and investors should consider liquidating anything related to Bitcoin or short it.
Recent collapse proves that Bitcoin isn't a safe haven, store of value, or a hedge against inflation/market correction, but a speculative token that can go down 50% in a week

Robert Kiyosaki once said:Bitcoin crashing. Great news. When price hits $27,000l may start buying again. Lot will depend upon global-macro environment. Remember the
 problem is not gold,silveror Bitcoin. Problem are the incompetentsin government,Fed & Wall Street. Remember gold was $300 in 2000
it's surely a good thing for us to buy in this big dip

I didn't touch crypto once Elon Musk joined. The dip that cost pain to crypto investors that you mentioned followed Elon Musk. I knew that was going to happen. Now that Elon Musk left for now, now crypto investors can safely rejoin the crypto market.

Some how you might be right but this sounds weird to some people who must have bought the top, the recent dip really cost pain to many crypto investors and traders because it really took them  unaware, everything happened so sudden. But this is still an opportunity to many people! Yes because bitcoin falling from 65K to 30k is really an opportunity to enter into the market because surely $65k isn't the top for bitcoin this year and it's obvious only the diamond hands Will make enough profits.

Of course, really difficult to know with any kind of certainty whether the bottom is completely "in" and you, enawati, seem inclined to suggest that it is.

So, then UP from here is not unreasonable, including a 3x-ish price increase by the end of the year, which your "up to $100k" would carry out.

Up to $100k for this cycle does still seem to be quite conservative, and there are surely some convincing theories that BTC price exuberance is not limited to a 4-year fractal kind of framework which would target $100k by the end of the year, but instead potentially to have a price cycle top that is both quite a bit higher than $100k and also to drag on out to several quarters into 2022.

So surely both our going down 53% and then hanging out here in something like a 45% to 53% correction range for already nearly a month - and who knows how much longer staying in this correction range (that you labelled as accumulation phase) is going to last, but still seems that the longer that the BTC price stays in this correction range.. then it also could end up playing out with a relatively slow recovery back to our current ATH zone.. and thus providing a kind of ongoing fuel that buy support is able to keep up with the BTC price going up and up.. and therefore end up supporting a much higher (than $100k) blow off top.

Of course, nothing is guaranteed in BTClandia... but surely, we can see that some of the past BTC price performance patterns have decent amounts of informative power in terms of giving us some ideas of what may well end up happening and what kinds of possible happenings are more likely than others.  Ongoing bullish news and bullish developments around bitcoin happening at the same time to contribute to confidences in comparing past patterns to what kind of price recovery scenarios could happen from here.. whether they play out in a few months or drag out for a year or longer.

Current charting of BTC similar like in the middle of 2017, and currently BTC just sideaway above $30k that become strong support area. Nearly 1 month in this area and did not going lower, that mean the price high probability to rebound.  Could be nowadays the accumulation phase is not over yet and need anothers a few month again. My personal prediction BTC will going up to $100k by in the end of this year, and after that the market can be changing to bear market, can be similar like 2017 to 2018.

It's a universal rule that market always take correction after massive bull run and same happened with bitcoin, its nothing extraordinary. 60K$ was much overhyped price and it was deemed to fall back. Good things is bitcoin is standing firmly around 35k$, which is a sign of new bull run in coming days.

the bitcoin price goes down, maybe it's best for some people, but not for everyone, because when the bitcoin price goes down there will definitely be someone who suffers big losses, there are also those who take the opportunity to collect all the bitcoins and hope that bitcoin will rise again in the future, but for some people who need money will definitely be dizzy thinking about all this..