Uncertainty in bitcoin market. | Bitcointalksearch.org

aso118

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Well, the people who bought at elevated prices should have known what they were getting into and must have been prepared to lose their investment. There is no guarantee that we will not have a long crypto winter in the coming years. If they panic and exit, it will be the periodic shaking out of weak hands which happens and will be good for Bitcoin in the long run.

Mind Control

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Well, for experienced users and investors, when Bitcoin's price drops significantly they do not panic because they are worried Bitcoin will not recover, instead they panic because they want to buy more and not be left out by the opportunity (yes, that's sarcasm). If you're still holding your Bitcoins then you haven't loss any amount yet. Yes, Bitcoin is volatile but many are certain that Bitcoin will continue to rise.

CuDoCuDau

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Bitcoin will increase $20000 in future

EdenHazard

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Quote from: sangwookie on January 09, 2018, 10:24:32 PM

It's the perfect time to buy! Once you have been in the market for a while you get over FOMO and just believe in it. There is volatility every minute. Take advantage of it. You can start with $1000 usd and make a nice profit off of it via bitcoin and altcoins.

panic buying will only lead you into a wrong direction , better to watch and learn first and then go for making decision to continue buying or wait a little longer until it reach the dips , the uncertainty always there the FUD are there in every kind market especially crypto.

you just need to be more active to trade and you will see the opportunity are so clear there for you.

jaocoincrypto18

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Don't worry and don't panic because if the price value become $13,000 sharp it will be our opportunity to buy bitcoin at cheaper price once again. I just keep waiting it become more less but i admit of a little bit worried if while waiting to become more cheaper it will suddenly rise up and missing the chance to buy bitcoin before it rise up again.

talkbitcoin

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Quote from: YuginKadoya on January 10, 2018, 04:32:31 AM

Quote from: InvoKing on January 09, 2018, 12:16:26 PM

Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Even if the bitcoin price will drop under $13,000 the potential of buying is here which will lead the price to increase more up to +$17,000 and even +$20,000 which could be possible in the next months

The Price is still great even if it falls on the $13,000 but the newly investors would sure not like the way bitcoin value goes because they are expecting the new year to be bullish for bitcoin and they are expecting it to be fruitful for them, But in reality they have bought in the wrong crash for the price to dip this far, Well if they could keep a strong belief that bitcoin will go to the $20,000 value this year they would really kept investing in it and seeing this as a great opportunity for them.

going to $13000 is not really a drop in my opinion. it is more like a normal thing that is happening anyways.

what i see is bitcoin currently testing different price levels. it is $13500 and $15500 as the upper and lower limits. then from time to time during this accumulation it tests them to see how things are.
so far whenever it broke the lower limit it jumped back up fast.
it also tested the upper limit and jumped back down just as fast.

it is a nearly 10% channel that we are stuck in.

YuginKadoya

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Quote from: InvoKing on January 09, 2018, 12:16:26 PM

Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Even if the bitcoin price will drop under $13,000 the potential of buying is here which will lead the price to increase more up to +$17,000 and even +$20,000 which could be possible in the next months

The Price is still great even if it falls on the $13,000 but the newly investors would sure not like the way bitcoin value goes because they are expecting the new year to be bullish for bitcoin and they are expecting it to be fruitful for them, But in reality they have bought in the wrong crash for the price to dip this far, Well if they could keep a strong belief that bitcoin will go to the $20,000 value this year they would really kept investing in it and seeing this as a great opportunity for them.

Herbert2020

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i think most of the problems and struggles that bitcoin is currently facing comes from the high fees and the fact that it has become very expensive to use bitcoin and that is not acceptable for something that is supposed to be a currency.

but from a chart perspective we are currently in the accumulation phase which has started after a huge rise and the follow up big drop. the accumulation phase seems very similar to an "uncertainty phase" too where price stays around the same price level and doesn't break out just yet.

i believe if the mempool clears up and fees come down we will definitely see price shoot up to above $20,000 in a short time.

kokobaba880

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Yes it is true that the bitcoin market is very uncertain and we are looking to the profits in the crypto market the initial days were very hard because the people were not aware of the importance of bitcoin and now the large scale investors shift the market moves like the buying and selling of this currency need some knowledge and market strategies so we can say that bitcoin market as a whole is very uncertain.

CryptoBry

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Nobody knows what will happen next with Bitcoin and this has been the way it is since Bitcoin came into existence. In fact, we should be grateful that Bitcoin is right now holding on to the $14 --15K level which is still good actually. I am personally hoping that come next month bitcoin can accelerate a little bit more when we can see some good news on the horizon. Bitcoin will continue to dominate as the top cryptocurrency within this year though there will always be many struggles and trials. Though it is good to also be worried, we should just be happy with the way Bitcoin is now.

vv181

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Bitcoin can't hold the 1520 as expected, and now Bitcoin is going to test for critical support at 12296. The daily timeframe is still in bulls territory but as it now the 4 hours timeframe line bears territory is tested. Let's see hows the market going.

sangwookie

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Put it all on the line and go for broke

It's the perfect time to buy! Once you have been in the market for a while you get over FOMO and just believe in it. There is volatility every minute. Take advantage of it. You can start with $1000 usd and make a nice profit off of it via bitcoin and altcoins.

fabiorem

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Uncertainty provoked by institutional funds dumping coins they pumped after october, to win bets in CBOE and CME futures markets.

And the price is closing as CBOE predicted one month ago. They are good at "predictions", aren't they?

Rahar02

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Quote from: ?? on ??

I would get out of BTC and invest in altcoins. BTC's technology is outdated and it's losing market dominance each and every day. It hit an all time low of around ~33% a couple of weeks ago. This only means that altcoins are on the rise and you BTC will start to fall.

The dominance number isn't so important, look at the price, it still stands over $14,500. Even if bitcoin price decline, many people are willing to buy it as has been proven before. Altcoins are on the rise due to the funds allocate from bitcoin to altcoins which seem can rise significantly or new investors/traders consider bitcoin is too expensive with a ridiculously high fee, which makes the price of altcoins recently surge to new ATH. But, when the time comes, people will cash out from altcoins and allocate their funds back to bitcoin, especially if lightning network be implemented.

machinek20

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Yes bitcoin price had fallen, while some alt coin rise pretty quickly, but I think we are still safe with bitcoin, it was fall down but got a quick recover, and the falling is also not too deep, just hold tight, once the investors back then bitcoin price could spike again

BitHodler

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Quote from: fabiorem on January 09, 2018, 02:31:51 PM

I just want a Core wallet that wont stutter when I open it.

Then buy yourself a capable system and an SSD to run your Core client on. I have done the same, and it works absolutely flawlessly. It's a bit of an investment, especially compared to HDD prices, but it's worth it.

OP:

Calm down and let the market find out what it want. It's pretty safe to say that no one here has even a slight clue of what's happening other than the market potentially consolidating.

If you hodl your coins firmly, you won't lose anything. People seem to panic over normal market activity, but there is absolutely no need for that. I actually enjoy how supply and demand are battling lately.

Each time the price seems to get dumped down, and people think it will go down further, the demand makes sure the market goes back up again. Trade these price swings, or just keep hodling.

fabiorem

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I just want a Core wallet that wont stutter when I open it.

arpon11

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Quote from: buwaytress on January 09, 2018, 01:36:55 PM

Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Medium-term, this is extremely favourable to those like me who tend to build our holdings slowly. Every sustained dip is only an opportunity for me to add to my modest coins, since I earn in Bitcoin mainly, I'd like for it to keep this pattern for as many months as possible (seeing as I believe in its long term appreciation well above the previous ATH).

In fact, this is the best scenario I could have hoped for, since I was really expecting a major correction and longer time plumbing the floors of 10k. And no - the better scenario would NOT have been a climb back above 20k... that would just increase the likelihood of a major crisis. This "stability" is ideal for holders indeed, in my opinion anyway. May it find peace at 15k for the majority of this year!

If bitcoin find a central point at $15,000 through out 2018, I don't think it will be favourable and most of the alternative coin will definitely going to take it place. Ethereum is being speculated to grow above $15,000 in price this year and ripple is also been built up to replace bitcoin. I think we may need serious push from bitcoin in others to actually give this two coins a serious fight to remain a dominant cryptocurrency! I expect bitcoin to remain stable at $40,000 this year ending.

buwaytress

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Quote from: Idrisu on January 09, 2018, 12:03:51 PM

For the pass five days we have been find indecision in bitcoin pricing and I hope this is to the holders favour! I have started having a little panic as most of us may have the same feeling and I did not expect bitcoin to fall below $13,000 as this is going to push many to loss. What happen next?

Medium-term, this is extremely favourable to those like me who tend to build our holdings slowly. Every sustained dip is only an opportunity for me to add to my modest coins, since I earn in Bitcoin mainly, I'd like for it to keep this pattern for as many months as possible (seeing as I believe in its long term appreciation well above the previous ATH).

In fact, this is the best scenario I could have hoped for, since I was really expecting a major correction and longer time plumbing the floors of 10k. And no - the better scenario would NOT have been a climb back above 20k... that would just increase the likelihood of a major crisis. This "stability" is ideal for holders indeed, in my opinion anyway. May it find peace at 15k for the majority of this year!

synapsisxxx

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I wont be surprised if it drops 50%. There is too much money in the market in too little time, dunno what part Tether played in this, too many people looking for short term profits, its all bad.

But i am gonna tell you something else too - in the long run its all good Cool

Topic: Uncertainty in bitcoin market. (Read 262 times)