Topic: The point of no return (Read 694 times)

Stay calm, bitcoin is still at a safe level, we still have hope and will not be low again. Maintain bitcoin and good hopes will be with him, the market will move even though it's slow but still in a good position.

I agree with your analysis, anything can happen and the market can even dump further but that does not mean it will not recover again.
 
As we stay here longer, we will be seeing more price action and that makes us aware of the situation, in the past there's only low volume but now the adoption has a significant increase as we have lot of players in the market now (big and small), so there's no need to complicate things and overthink on the price action, we just hold and that is enough already.

dont forget about how important miners are. there is a point of no return at a price point where the majority of the miners shut off their machines or leave the chain, and mine another more profitable coin. one of the most significant/important attributes of bitcoin is how secure the network is and at prolonged low prices or continual dropping prices the hash power also decreases.  yes difficulty adjusts etc but miners can only mine for so long at break even or a loss. miners cant wait four years for every bull run to pay the bills. price needs to go up soon.

There are some speculations that bitocin will fall down to $2500. But, whatever bitcoin price is, it will still recover and will still have corrections so the best thing we can do is to hope and to wait a little for the market to grow.

Things may take a different turn, though

As you seem to discard the fact that Bitcoin is not the only pebble on the beach (even if it is the dearest one). There is a bunch of cryptocurrencies which won't miss a chance to take Bitcoin's place once it is empty. Technically, it would depend on the exact reason why Bitcoin goes down. For example, if it goes down for purely market reasons (as has been the case all this time), then it is reasonable to assume that the rest of the pack will go down along with it (as has also been the case so far)

In these circumstances the balance of powers in this game of thrones will be preserved, and Bitcoin will likely remain the top cryptocurrency. On the other hand, if there is something which breaks Bitcoin (and Bitcoin alone), it will probably be a one-way street for it. In this way, it may be impossible to build the trust again as by that time the ship would have already sailed



Or sunken, for that matter

Lol as long as bitcoin has a value even single cent this will never has a chance to not recover

Not $3,000 and not $100 so you will got no answer that will support your question buddy

Think about that dump, the latest huge dump, bitcoin in beginning of 2017 costed 1000 dollars, to not go further into the past, in the end 2017 we had price 20000 dollars. After all that we are at around 4000 dollars. That dump is rise actually, we are higher bottom than ever before. Even if price drops a bit more we will have higher bottom than before, personally I think we will not see bitcoin under 3000 dollars again, if that happens that will temporary and good level for buying.

Even if the prices fell below $1000 there will be people who are ready to hold it because they were the people who bought bitcoin when it is in single digit or double digit fiat value so it means bitcoin will be still alive but it will make the recovery harder and will take many years to start from the beginning and built trust so the people can invest on it bu in my view there is no point for bitcoin to die.

BTC is the strongest coin because it has been dump many times and still recovered.
Maybe people would think that it's over or no return because the price is very cheap now compared to it's ATH, but it has been the nature of crypto
which the price volatility is high and the pump and dump could anytime happen even without big reasons to cause it.

I witness so many declines came with bitcoins and there are so many people says that it will die but it keeps striking and getting back where it stands after the dump so provably this downwards happening. We need to keep our stands and support btc since if we support a chain reaction will came and that maybe could trigger the bull.

Not because we're in bearish market for a long time, you'll think of point of no return. There is no such thing btc won't recover. Number of user is increasing from time to time wether it's fast or slow. Btc will always recover but it really takes time. Despite of struggle I've witnessed the recovery and the same thing will happen again and again in perfect time.

Bottom is in
all previous bitcoin bubble lows were 20% (give or take a few %) of the bubble peak price.
$36 high, low was then $5.
$1200 high, lows were around $200.
$20k lows are around $4k now.

Here is one take on the bitcoin bottom I thought about:
 
I think there is either a price or an amount of bitcoins that the whales dont want to go below. for example if a whale can control or heavily influence price in their favor on bitstamp with 20000 btc at the price of $3500 I am sure that he would want to keep those proportions for perpetuity. So if the price goes up $500 maybe the number of bitcoin would come down to 19000 and if the  Price goes down $500 they would need 21000 btc to keep their control etc etc. They are not going to give up their power so unless they are cashing out and done, they will not let the price go to a point where they lose control of their influence. What I am getting at is when the price goes lower they need more coins to keep their power. They get weaker when the price goes below a certain threshold and other deep pockets can acquire cheap bitcoins and maybe eventually lessen the whale power or even overtake them.  Think about it. If you are a whale you are the heavyweight champion. you are not going to give up your title, especially by giving away coins at cheap prices unless you are getting out of the game and dont care anymore(fat and satisfied). Too early for this to happen. its only been 10 years.

No matter how bitcoin fall it is going to recover and makes strong bullish trend.  The market cannot die but will remain strong in future.  Investors are waiting for that time that bitcoin will fall enough for them to invest.

Keep in mind, that if the Strong Hands want to carry any Bitcoin value, they can do it, but they must take into account that they would end the castles in the air of the people, so they must take care of the price, since that they need that many enter to invest and thus they can continue speculating in the market.
I think it is time for a small bull to try the offer, and in turn if they manage to consolidate a new liquidity zone, it could be for 4500USD or 5000USD. A strong setback should not be ruled out, because as they rise, they take profit by selling.

Forget about the bear trend. Within the next month, the most is what can happen with Bitcoin - theoretically it can drop to the level of $ 3,600 - this is the lowest possible level for Bitcoin at the moment. Below bitcoin will never fall again. I am sure that by the summer Bitcoin will have to cost at least 7000-8000.

It just tells us that adaptation of Bitcoin has greatly increased to the point that we will not be going to see the lowest price just like 5 years ago. It will only occur if most whales will dump everything on the market then I might say that the market might be dead but it is too far from reality yet.

It is a cyclic process, once it fell but the same gets recovered. It is all about the time, the growth happens and if there is something lacking automatically there will be dump in price as well with the marketcap. This doesn't mean that the value of bitcoin won't have the strong support to return. It'll return when it get back the required support from investors and adopters.

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2.5k or Is that 25k. Hopes are still alive for those who have invested in Bitcoin and I am pretty sure the market will bounce back again, and yes a stable growth is needed as we dont want to see this long trend of 3.5k to 4k, what actually is the market is unpredictable from a longtime. Yes a lot of big investors took advantage of this downfall and filled their wallets. Let's have faith in this and move ahead.

I think that if the cryptocurrency capitalization falls to one billion, it can become a point of no return. But I believe that this will not happen. I think that very soon the market will begin to actively recover.

I doubt there's any price it will reach that will automatically spell doom for bitcoin, we have seen at far lower price before now but it has always surged after such fall