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Topic: What's up with bitcoin ? (Read 818 times)

full member
Activity: 759
Merit: 105
January 10, 2019, 06:58:37 PM
#66
market is going with recovery mode as you can see there are many big news are preparing to release.so before market is going to be well .you can check your crypto less time and relax with other work.
The market now is in price correction which means it is dropping and most of the altcoins will suddenly turns red in meantime i guess. How long would the market be like this? That keeps bouncing back from 3.7 to 4.0 dollar. Yet there is no sign of the bull market because of this bull trap.
hero member
Activity: 2828
Merit: 518
January 10, 2019, 05:39:16 PM
#65
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal

Possible but not very likely as what we see these days is caused by supply squeezes when supply is running low on gas at lower prices (because no one wants to sell). That allows exchanges to play their favorite game - short squeezes. Hence sudden bursts of volatility. But despite tremendous volatility, we are still trading in a rather narrow range, with support provided by low supply and resistance by low demand. Obviously, this is not going to last forever and sooner or later, we will break out

Which direction exactly is anyone's guess
It something we challenge everyday and accepting this challenge will only the be way to survive. It actually there is no huge price increase as people will so seldom and not even selling their coins. If we all just holding our BTC, there is no market changes and it could be stack up with the price today.
We do want changes, so we do the trades even during the dips.
legendary
Activity: 3514
Merit: 1280
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January 10, 2019, 12:18:27 PM
#64
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal

Possible but not very likely as what we see these days is caused by supply squeezes when supply is running low on gas at lower prices (because no one wants to sell). That allows exchanges to play their favorite game - short squeezes. Hence sudden bursts of volatility. But despite tremendous volatility, we are still trading in a rather narrow range, with support provided by low supply and resistance by low demand. Obviously, this is not going to last forever and sooner or later, we will break out

Which direction exactly is anyone's guess
full member
Activity: 293
Merit: 109
January 10, 2019, 11:38:47 AM
#63
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal
hero member
Activity: 1246
Merit: 529
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January 10, 2019, 07:38:42 AM
#62
in my opinion it is not only bitcoin that has decreased even all crypto currency coins have also decreased very drastically we can only hope that bitcoin and crypto currencies will increase in the future

Well i think these coins will have their time one way or another. Like for now we're seeing a bull run for tron that saw it breach 800 sats from 500 sats just days ago. Bitcoin will eventually regain steam, and those who have the patience to wait will reap a good reward. Hopefully lol
copper member
Activity: 593
Merit: 10
January 09, 2019, 02:49:27 PM
#61
You have to relax and enjoy what you have now, don't panic too much and make you fall alone, the market is moving and observe the opportunities that exist and take the opportunity to panic not scare you
full member
Activity: 826
Merit: 104
January 09, 2019, 02:19:18 PM
#60
market is going with recovery mode as you can see there are many big news are preparing to release.so before market is going to be well .you can check your crypto less time and relax with other work.
sr. member
Activity: 714
Merit: 250
January 09, 2019, 01:53:22 PM
#59
in my opinion it is not only bitcoin that has decreased even all crypto currency coins have also decreased very drastically we can only hope that bitcoin and crypto currencies will increase in the future
sr. member
Activity: 790
Merit: 261
January 09, 2019, 10:39:38 AM
#58
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

I believe it will not go up-to such a low as BTC value is slowly recovering yes 4k mark is really good sign before Bakkt launch If this goes well and good I am sure BTC will pump. Yes it is under seesaw effect now however I am more confident the result will be good at the end.   
sr. member
Activity: 1372
Merit: 322
January 09, 2019, 09:18:14 AM
#57
The only problem is manipulation. The new bakkt game is resisting the price to a stable position. By the way, people don't like volatility, also don't like stability. Which one do they like in fact? BTC price will not change a huge before 2020.
sr. member
Activity: 726
Merit: 250
January 09, 2019, 09:14:06 AM
#56
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
The current time Bitcoin has reached a price of $ 4,000, I think that a lot of expectation too much time of Bitcoin depreciation and almost 2018 is a period of rapid fall of Bitcoin. Expectations are too much and cannot explain Bitcoin why is it increasing? Bitcoin will become better in a new time and increase milestones.
member
Activity: 139
Merit: 13
January 09, 2019, 09:09:46 AM
#55
Don't get fooled by looking at the temporary price variation in bitcoin because it is becoming successful day by day and anyone think otherwise what I can say is nothing to worry and bitcoin prices went down due to the uncertainty that people has regarding it and this is mainly because many news and media companies who only show negative things regarding bitcoin and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more bitcoin into business adaptation and increase of usability which might take some time but possible to happen that is why we can agree that this is just the beginning for bitcoin and its future progress
copper member
Activity: 2044
Merit: 793
January 09, 2019, 08:43:03 AM
#54
My take on this is that people are rather still conscious of buying bitcoin perhaps because of the manipulations they witnessed last year, while some others are already taking little profits off their stocks of bitcoins, which is the cause of those heavy fluctuations. I guess we might need a little to more time before things can get really stable once again.
full member
Activity: 1442
Merit: 106
January 09, 2019, 08:20:13 AM
#53
bitcoin is making waves everywhere it is found and where ever it is heard of. the masses are growing in their population adopting the technology and expressing gratitude over the discovery of the technology as they see the use cases on daily basis. bitcoin is the real deal and soonest the bull run will prove that.
full member
Activity: 490
Merit: 101
January 09, 2019, 08:15:51 AM
#52
See how much people were able to save with all shoes in the past, this total collapse will no longer look so sad. And there was not even hope that it could grow again, there immediately finish, and here 99.999% will be the return of any of the previous levels, no matter how many went.

 

I don’t care about profitability at all 😉 Salvage is evil! And the crypt very quickly explains it to people. Will teach all the greedy and cowardly, will prevent the parasitizing and exploitation of others, will eventually be a global redistribution.

 

If you really love the loot in the crypt, it is dangerous to go, in the crypt players, entrepreneurs, ordinary people, and those who are not interested in money as a goal, win.
legendary
Activity: 2030
Merit: 1569
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January 09, 2019, 08:04:16 AM
#51
Bitcoin is still at 4k, looks quite stable to me. When is this ETH fork event coming?
newbie
Activity: 73
Merit: 0
January 09, 2019, 06:59:43 AM
#50
Well now, Bitcoin is doing good in the crypto market. It somehow goes smoothly ups even little by little. And I am glad for that. I do hope that it will keep on its progress and will continuously goes up.
Little by little it's enough good tendency, isn't it? want to believe that 2019 will meet our expectations.
legendary
Activity: 2576
Merit: 1043
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January 09, 2019, 06:47:34 AM
#49
Not surprised at all as this happened already when Bitcoin is at 6000. No news heard also. I think this is common already with Bitcoin that the movement of it becomes stable. A small rise followed by a pullback. Price fluctuation of Bitcoin is normal already.
copper member
Activity: 299
Merit: 1
January 09, 2019, 04:36:40 AM
#48
well well well, i must say that bitcoin is working its way to the top, base on my little analysis am certain that bitcoin will moon before the middle of the the year.
legendary
Activity: 2576
Merit: 1655
January 09, 2019, 03:24:52 AM
#47
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?
I think people are shifting exchanges to ETH because it is going to happen the Hard Fork event. The traders are trying to take advantage of this event to push ETH up and start liquidating it after they receive their reward in this event. I guess that after receiving the reward, traders will sell all of the ETH they hold at a higher price than what they have spent.

But ETH is also bringing the price of bitcoin up because of their fork. Definitely, speculators or traders are always taking advantage to squeeze more profit specially we are still in the bearish zone. As for the volatility, it's part of it's ecosystem and as much as we hate it, volatility sometime works on our side, that is if we know how to trade and take advantage of them.
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