Many experts believe that the market will fall again so if we want to buy or invest wait at least a month, many analysts believe the price of ETH will drop below $ 1000 and if that happens then buy as much as possible as soon as the market is rising.
it's just speculation, honestly even these so called analyst will definitely having difficult time making forecasts in regard of btc and its trend in the middle of economic crisis, everything is uncertain but if we could accumulate everytime there's corrections surely it will results in some huge returns eventually, it just matters of seeking great chance in accumulation. 
Topic: When Bottom? (Read 736 times)
The crypto market has been bearish for a long time. So we are in a state of suffocation. The only question on everyone's mind is when will the bottom and crypto market pump again. But I think crypto market will take more time to rise. Because the bullrun is too late to come. Secondly, the global economic recession as a result of the Russia Ukraine war. So wait patiently.
I'm afraid we'll have to wait a really long time, because so far there have been four-year cycles that have worked perfectly all along. And the reasons for a bear market can be different, but only wars or crises. For example from 2017 to 2021 the situation was different, but the bear market also lasted several years before the bulls came back. In March 2020 nobody could imagine bitcoin falling to 3k again, so now it is also hard to say where the bottom will be. The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
The price of Bitcoin does not have a button so if the price rich 15000 dollars and start from there and write up to 20,000 dollars to 15,000 dollars is there the bottom of that particular currency or bitcoin for that moment, because bitcoin bottom is not guaranteed from what I'm seeing in cryptocurrency yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
Many experts believe that the market will fall again so if we want to buy or invest wait at least a month, many analysts believe the price of ETH will drop below $ 1000 and if that happens then buy as much as possible as soon as the market is rising.
The crypto market has been bearish for a long time. So we are in a state of suffocation. The only question on everyone's mind is when will the bottom and crypto market pump again. But I think crypto market will take more time to rise. Because the bullrun is too late to come. Secondly, the global economic recession as a result of the Russia Ukraine war. So wait patiently.
We will know in a couple days if interest rates are raised again. I'm going to guess that they won't because the Democrats have mid term elections in November and it won't look good for them if there is a stock market crash during that time. I think stocks and cryptos will do well in Q4, beyond that is anyone's guess but I'm topping off my ICP and LPR bags at the moment in preparation.
The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
I would want to believe that if you look at the Bitcoin price chart in a daily time frame, it would seem as though October month might be more of a Bearish trend than Bullish. Both the MACD and the T3-CCI indicators and even the CPR all kind of pointing downward, we could see some more dips with the price. yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
The market situation report show that cryptocurrency market is on the bear market, where bitcoin price drop it affect other alt-coin in the crypto market, Therefore, what we need to understand that, the bottom line has not been drawn because bitcoin demand in the market is high, which is sooner or later, bull run we start, and this is a[ good entry points to buy for next pump in crypto market.
The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
I think in october it's gonna be hard for bitcoin to change its trend, there are so many things need to be considered, i'm sure btc could make recovery but surely it isn't in this month, even right now there aren't any signs of the changing trend, it will surely stuck around $20k for long, maybe in the beginning of the next year we gonna see some gradual changes towards the trends otherwise it will just stuck like this.yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
It seems that there is no sign that October can be better than September, and negative trends still continue, I prefer to wait until the price position can be low again to buy, And in my opinion the size of the bottom is if the price of BTC can be lower than $ 17K or the price of ETH below $ 1000.
The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
I think in october it's gonna be hard for bitcoin to change its trend, there are so many things need to be considered, i'm sure btc could make recovery but surely it isn't in this month, even right now there aren't any signs of the changing trend, it will surely stuck around $20k for long, maybe in the beginning of the next year we gonna see some gradual changes towards the trends otherwise it will just stuck like this. yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
That Mt Gox loot is going to test the 'hodl-ness' of some cryptocurrency users because obviously the worth of bitcoin back then and now is a whole lot of money, and those long-suffering investors may want to cash out, and that can dip the bitcoin price. But bitcoin always bounces back. Always
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
Singular events don't move the needle anymore. They used to and maybe for alts they can crush or push them. But price movement with bitcoin isn't event driven it is truly a market shift that causes new price swings. Is this the bottom, who knows.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
The mt.gox bitcoin epic will go on and on. I recently read the news that bitcoin issuance has been postponed until early 2023. This year, as previously announced, there will be no refunds. I am not sure if this was the last postponement of bitcoin issuance to affected investors. This story could drag on for a very long time, being already synonymous with FUD. So don't pay much attention to such analytics.
The bottom has been at $17k for the time being and has been reached last month,
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
yes we know that September is very famously bearish for crypto currencies,
this is why many experts also say that the bottom has been reached and bullish in October is the beginning,
but we certainly have to prepare a strategy if Bitcoin dumps below $15k, because it has also been predicted by some experts as well.
even when tesla sold a lot of bitcoins in the last few months we didn't feel that much of an impact. because every time there is a decline there is always someone ready to buy more bitcoins. so if we pay attention today the number of btc holders on a small scale is growing to a lot and fast. so don't worry too much.
yup because there's a two types of buyers and sellers in the crypto market which is the investors and traders that's why there's a fluctuation and the growth of the market becomes so volatile.. If the OP wants to know where is the bottom is, then he need to have knowledge how to make technical analysis like what traders does to identify the possibilities of the market growth rate it's a big advantage indeed. 
10k or 8k the buttom but idont know when it happen the market is manipulated by the whales thats why its so hard to predict ta is nothing beacuase of the whale manipulated market. ihope soon it will be reach the 10k.
I think this downtrend will still lasts quite for sometime considering that we're approaching the global economy crisis in 2023 as forecasted by many financial analyst, I think best case scenario that btc could ever recover again at the end of 2023, surely this one could be a long lasting downtrend since there are just many things need to be settled first, the pandemic was really impactful.
world economic was still uncertain especially about inflation data as main trigger bitcoin price at this moment. Experts said next year maybe we Will face recession or another food crisis, it will make finance market become harder to recover. Maybe id the Fed stop rising rate , bitcoin price could start recover till next halving at 2024.Until now, the global economic condition is still not in good condition.
Of course we all hope that there will be good news regarding the global economy and let's see what will happen in the future
No one can answer this accurately but still there are some analysis that BTC will go down to 14k and it will be bottom for btc in this bear market. Btc price now controlled by biggest whales and they can make fake news also. I think 16k will be bottom for btc and we should make entry here
There are so many news that may possible to make it happen. One of these news must be coming from MTgox. It can create disaster for the crypto and bitcoin believers. i think that the price of bitcoin is not controlling by whales but it was also following what happened with the stock market and global economic. I just try to tell you about the truth if bitcoin's movement is the same like stock market. 
I think this downtrend will still lasts quite for sometime considering that we're approaching the global economy crisis in 2023 as forecasted by many financial analyst, I think best case scenario that btc could ever recover again at the end of 2023, surely this one could be a long lasting downtrend since there are just many things need to be settled first, the pandemic was really impactful.
world economic was still uncertain especially about inflation data as main trigger bitcoin price at this moment. Experts said next year maybe we Will face recession or another food crisis, it will make finance market become harder to recover. Maybe id the Fed stop rising rate , bitcoin price could start recover till next halving at 2024.It is true that because the world economic situation is still bad, where inflation is very high, the impact of the war between Russia and Ukraine is
also quite large, and the effects of the pandemic can still be felt. This of course affects the crypto market, which the Bitcoin price recovery will take
longer than we thought. In fact, it is very likely that the bear market will continue until next year, therefore it is difficult for us to predict what
the lowest price of Bitcoin will be, because there is still a possibility for Bitcoin to fall even lower. Although I honestly hope Bitcoin won't drop below $17k,
but there is no guarantee that Bitcoin will not drop below $17k if the economic crisis occurs.
As you said, maybe our hope is that the Bitcoin halving that will occur in 2024 is the moment when the Bitcoin price should be pumped. Therefore,
now is not the time to be pessimistic or panicked to see a bad market situation, but we must start to dare to collect as much Bitcoin as possible
from now on. So when the market recovers in 2024 and the price of Bitcoin pumps, at least by then we already have a large amount of Bitcoin,
so we can make big profits that can surprise us.
I think this downtrend will still lasts quite for sometime considering that we're approaching the global economy crisis in 2023 as forecasted by many financial analyst, I think best case scenario that btc could ever recover again at the end of 2023, surely this one could be a long lasting downtrend since there are just many things need to be settled first, the pandemic was really impactful.
world economic was still uncertain especially about inflation data as main trigger bitcoin price at this moment. Experts said next year maybe we Will face recession or another food crisis, it will make finance market become harder to recover. Maybe id the Fed stop rising rate , bitcoin price could start recover till next halving at 2024.
I think this downtrend will still lasts quite for sometime considering that we're approaching the global economy crisis in 2023 as forecasted by many financial analyst, I think best case scenario that btc could ever recover again at the end of 2023, surely this one could be a long lasting downtrend since there are just many things need to be settled first, the pandemic was really impactful.
Quote
No one can answer this accurately but still there are some analysis that BTC will go down to 14k and it will be bottom for btc in this bear market. Btc price now controlled by biggest whales and they can make fake news also. I think 16k will be bottom for btc and we should make entry here
Since the price of Bitcoin is still struggle between $19k and $20k, showed that the bottom will be $12k before it will move higher to enable other altcoins to increase too, because whenever the price of Bitcoin is rising in the market, other altcoins will be rising too. I guess, there is still opportunity for people to buy Bitcoin and altcoins, because their price are still low for people to invest and have something reasonable to earn in future.
A lot of you including me are probably down really bad in this crypto bear Market too to the point where we've either forgotten about our portfolios or we're just too afraid to look at them
I'll go with the fact that we're afraid but in all seriousness, we cannot fall into this trap not right now because right now is the prime time we need to be buying because I promise you the research you do now the coins you buy
right now will be the sole reason why you'll be sipping a pina colada on your yacht and if you guys don't have the
time to do all that don't worry because that's what I'm here for all right taking a look at the Bitcoin rainbow
Bitcoin is extremely oversold right now too to the point where it's almost falling off the chart altogether but this isn't too big of a surprise because from past data we know that September is notorious for being the worst one for a lot of things crypto stocks I sanity if we look back
in 2020 the same thing happened when we
bottomed out and hit this new low and then look what happened to the levels right after that and I feel the same
thing is going to happen right now we're in the same dark blue zone right now.
I'll go with the fact that we're afraid but in all seriousness, we cannot fall into this trap not right now because right now is the prime time we need to be buying because I promise you the research you do now the coins you buy
right now will be the sole reason why you'll be sipping a pina colada on your yacht and if you guys don't have the
time to do all that don't worry because that's what I'm here for all right taking a look at the Bitcoin rainbow
Bitcoin is extremely oversold right now too to the point where it's almost falling off the chart altogether but this isn't too big of a surprise because from past data we know that September is notorious for being the worst one for a lot of things crypto stocks I sanity if we look back
in 2020 the same thing happened when we
bottomed out and hit this new low and then look what happened to the levels right after that and I feel the same
thing is going to happen right now we're in the same dark blue zone right now.
No one can answer this accurately but still there are some analysis that BTC will go down to 14k and it will be bottom for btc in this bear market. Btc price now controlled by biggest whales and they can make fake news also. I think 16k will be bottom for btc and we should make entry here
In a way it is natural that traders and investors as well want to know where the bottom will be, but this is not something we can know ahead of time and it is something we will only get to know once we get close to the bull market.So instead we need to concentrate on what we will do once we see the price of bitcoin going down once again? Will you hold your coins? Buy the dip? Sell in panic? After all we do not control when the bottom will appear, but we can in fact control our reaction to it.
For now bitcoin does not have any bottom the bottom of Bitcoin is the point it will reach before increasing so I've said this before and another thread that bitcoin don't have any bottom, the thing everybody could see that has got on is when bitcoin price go back to zero so now it is impossible before bitcoin price can go to sable or from the starting point so the bottom everybody is expecting I don't think that there is a time we can see the bottom of Bitcoin
We have been reaching the bottom. There's no need to argue more about this. Bitcoin has been dropping so hard from the top to the bottom and this time the current price may potentially to be the bottom for bitcoin. Buying at this rate was good enough for people. I just wanna try to tell you about the truth if this time bitcoin is worth to invest caused by it's very cheap for now.
will regret if we continue to wait and hope the price of Bitcoin can go down again,
but after all it all depends on each person because the decision is in their own hands
in a situation like this the price of bitcoin is much cheaper than the previous price and if we still think the price will go down even more it will only be a waste of time and self-pity when bitcoin starts to rise again.
time like now is the right time to buy and buy more after that hold and wait for the bulls to come again.
but all of that goes back to the mindset of each one wanting to take a risk now or choosing to be left behind like last year
For now bitcoin does not have any bottom the bottom of Bitcoin is the point it will reach before increasing so I've said this before and another thread that bitcoin don't have any bottom, the thing everybody could see that has got on is when bitcoin price go back to zero so now it is impossible before bitcoin price can go to sable or from the starting point so the bottom everybody is expecting I don't think that there is a time we can see the bottom of Bitcoin
We have been reaching the bottom. There's no need to argue more about this. Bitcoin has been dropping so hard from the top to the bottom and this time the current price may potentially to be the bottom for bitcoin. Buying at this rate was good enough for people. I just wanna try to tell you about the truth if this time bitcoin is worth to invest caused by it's very cheap for now.
will regret if we continue to wait and hope the price of Bitcoin can go down again,
but after all it all depends on each person because the decision is in their own hands
bitcoin is not an altcoin. so don't worry there will be a lot of decline in a short time. but altcoins have always followed bitcoin. when bitcoin goes down the altcoins mostly go down more. regarding Mt.gox I don't think it will have much impact on the market. because if one day the distribution is done it must be gradual. and I'm sure not everyone who receives the distribution will immediately sell at the same time. even when tesla sold a lot of bitcoins in the last few months we didn't feel that much of an impact. because every time there is a decline there is always someone ready to buy more bitcoins. so if we pay attention today the number of btc holders on a small scale is growing to a lot and fast. so don't worry too much.
When the market gonna experience the bottom is unknown and according to the market situation and the different incidents happening relative to bitcoin there's more chances of drop in the price of bitcoin over the falling month. This could land the price reach the bottom price that is being reached in this year. Same time $19k is trying to withstand the support level and keeps the price stay above $19k.
Maybe the release of 100,000 BTC will not be that damaging.
If Bitcoin is released with the amount of 100k , of course the crypto market will be red like the sun that cannot be seen directly. That is, it has a huge effect on the crypto market.Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins.
Maybe MtGox won't let go of all the Bitcoins he owns. Big investors don't brutally destroy the market by selling all assets in an instant, they prefer to create more attractive wave charts, not waterfalls.
honestly there are too many things that still could keeps investments in general at the state of down trend, the bullish trend for btc is still nowhere to be seen, it could lasts maybe many years into the future.
meanwhile you could get investments and make entry at very low value but as the consequence you gonna need to hold it long term. since it seems it seems the current trend will be long lasting ones.
meanwhile you could get investments and make entry at very low value but as the consequence you gonna need to hold it long term. since it seems it seems the current trend will be long lasting ones.
Mtgox doesn't look terrible anymore. but even so until now no one has made the bitcoin hype back. coupled with the global economic crisis, we have to get new innovations with concepts in cryptocurrency to make it rise again. Now bitcoin is just stagnant because it is in a bear market.
Bitcoin will definitely rise again, this is more like a cycle and whatever is being experienced now isn't new, and we have seen it happen previously, just in a different year and with different prices; this is the major reason why Bitcoin is called a long term project, it doesn't have that sporadic movements that some shitcoins make and come crashing down immediately afterwards, Bitcoin's price may be far from attractive right now for newcomers and get-rich-quick investors, but investors who understand the network will know that they should prolly be accumulating right now.Having said that, i am pretty sure many people will not mind Bitcoin being low and stagnant for awhile, they will basically just buy as much as they can, the demand for Bitcoin and the trust people have in the network is enormous, thus the bear market will definitely go away sooner or later, and then there comes the ROI for those that were patient.
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
The problem is that we don't know. Only the market knows when's the bottom. No matter how much we predict the bottom, top or so, nothing is promised, guaranteed and accurate.
Predictions are predictions. However, we cannot control the market. It can go up or down without warning or not knowing how long will the price gonna tread water.
bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.
This is really not possible because for a number of reasons and you're right, if everyone knows about it, everyone already became millionaires by now. But instead, everyone or most of them are hesitant because when there comes a bearish market, there is always doubt whether this is the bottom or it will go down further. no one really knows about it and even those who are buying right now are hoping that this will be the bottom of the bearish market and tomorrow or the upcoming days are gonna be green days until it reaches again to its old ATH.
Therefore we should not be too obsessed with knowing the bottom price, because until then no one can accurately know the bottom price.
Instead of spending time predicting the lowest price of the coins we want to buy, it's better if we focus on gradually buying coins that we think
are potential. For example when we want to buy Bitcoin, we can buy Bitcoin at any price, then every time the price drops to a lower price we buy it.
After that we hold the Bitcoin we have until we reach our respective targets. It is certain that by doing that we will become rich, because as we know
how deep the price of Bitcoin falls can always recover. The problem is that such an investment does require patience and we cannot enjoy the results
in a short time. So we really have to practice our patience if we are serious about making huge profits.
we all know as long as a negative trend is present in this market we will see a lot of FUD thrown in, and encourage people not to spend their money on volatile investments like crypto, and that's the time we've been waiting for and we love to invest under, That will allow us to buy bitcoin at the lowest price because who knows, we might buy it under.
We can't stop FUD from being scattered all over the place because it's something that looks like it's organized. I said it would not be easy or even impossible to get rid of them all. This can only be countered with positive narratives that are carried out, although it will not completely but can slightly reduce the fear that is happening out there. I don't think FUD will be affected by the price, because even when bitcoin soars it can still be heard, especially in a situation like this.
Bitcoin is at 19 000 still"
bitcoin's holding up great through all of this the dollar Index at Fort 114.5 and people are Panic like like I said
before when I saw the three Arrow Capital Celsius debacle and Luna debacle and with the dollar Index going up and
you know fears are a recession and we could only go down to 17.5000
I think that would be the bottom
but that's just me from what I see I could be wrong but you know I think that was like the reason why we didn't push
down any further because that's as far as we're going
bitcoin's holding up great through all of this the dollar Index at Fort 114.5 and people are Panic like like I said
before when I saw the three Arrow Capital Celsius debacle and Luna debacle and with the dollar Index going up and
you know fears are a recession and we could only go down to 17.5000
I think that would be the bottom
but that's just me from what I see I could be wrong but you know I think that was like the reason why we didn't push
down any further because that's as far as we're going
bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.
This is really not possible because for a number of reasons and you're right, if everyone knows about it, everyone already became millionaires by now. But instead, everyone or most of them are hesitant because when there comes a bearish market, there is always doubt whether this is the bottom or it will go down further. no one really knows about it and even those who are buying right now are hoping that this will be the bottom of the bearish market and tomorrow or the upcoming days are gonna be green days until it reaches again to its old ATH.
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
I knew the expected selloff from MTGox will not happen, selloff news are usually not announced any more. In the last bull market the dip of bitcoin does not indicate the dip of the altcoins market, altcoins are like to selloff more into another dip for bitcoin even as its price rises. And this might persist for whileBut the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Im not feeling doubt if sell off may come as soon as possible along with the bad situation that happened in the market.
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
Mtgox doesn't look terrible anymore. but even so until now no one has made the bitcoin hype back. coupled with the global economic crisis, we have to get new innovations with concepts in cryptocurrency to make it rise again. Now bitcoin is just stagnant because it is in a bear market.
A stagnant market is an opportunity for buyers if done cunningly. While there are reasons behind the bear market, searching for the reasons ia always unyeilding. It can be Gox or it can be the inflation crisis, truly they won't have another effect buy drop the price.So just buy when you have money at hand and wait for even lower prices to buy more.
New innovations are rare though. New scum projects are very common on the other hand. Hence be careful what you are investing in. It is always safer to buy Bitcoin compared to shitcoins.
we all know as long as a negative trend is present in this market we will see a lot of FUD thrown in, and encourage people not to spend their money on volatile investments like crypto, and that's the time we've been waiting for and we love to invest under, That will allow us to buy bitcoin at the lowest price because who knows, we might buy it under.
bottom of the market will comes randomly, surely no one know because if knowing the bottom is that easy we would've becomes billionaire, the thing is the current value for most coins is already at its very bottom that I doubt it could go ever lower since even eth and btc is already losing 60% of its value compared with before luna crash, I think we are already in the bottom it's just that the corrections aren't finishing and the bullrun is nowhere to be seen since it might be coming in the future.
Surely, although many people make certain prediction with their analyses, in fact, their prediction will never be 100% true. There must be certainly different. We will not know exactly when the bottom. Once we thought that the rate is at the bottom, in fact, the reality is that the price keeps falling down and touches another bottom. But once we think that there will be falling down again, in fact, the price keeps rising up and ut of the bottom line. So, it means that we cannot predict exactly. That is why we must be smart in facing this crypto market. Why don't we utilize every opportunities to make certain deicsion? 
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
Shiba Inu, and Dogecoin are altcoins that have a manipulated market, buying these two altcoins is a big risk
I think the right term would be holding these two altcoins for a very long time is a big risk. But Dogecoin had proven that holding it will gain a lot of profit. I had once millions of Dogecoins but sadly since I do not believe in its ecosystem, I sold them once I saw profit. I do not regret my action but I am just giving some points. Another thing, I bought $40+ Shiba Inu and sold them at $2k. meaning, it doesn't hurt to see these two altcoins as short-term investments.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
I don't understand what you mean by decisive, because the price won't drop much, in a short time the price will recover, that's why I think it will be a good buying opportunity and certainly many people are watching it
I understand it as Bitcoin price will dictate the cryptocurrency market. As we all know most cryptocurrency follows bitcoin trend. So if ever Bitcoin price crash during the release of MT.Gox coins, we might see the whole crypto market getting affected.
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
Shiba Inu, Dogecoin are altcoins that have a manipulated market, buying these two altcoins is a big risk
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
I don't understand what you mean by decisive, because the price won't drop much, in a short time the price will recover, that's why I think it will be a good buying opportunity and certainly many people are watching it
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
most of these mtgox guys are not going to sell their bitcoin at this cheap price, the guys have waited for years, why would they be impatient to want to sell now at this cheap price? I highly doubt that all of them will decide to sell at the same time, most will hodl or sell but they will not sell all at the same time and the price will not drop much, what is causing the price to drop a lot is due to the financial crisis because of this war from russia and ukraine
I guess not for not taking advantage of the current low prices. they still think there will be a better price for them to buy. as you said, there are some events that do make people worry about getting into the market. this situation would probably be even worse if the big, much-talked-about crises occurred in the world. more people will withdraw their money from the crypto market for necessities. while those with more capital have the opportunity to get a bigger discount.
Maybe have bottom but always next time another bottom price coming, this effective spent few percent each time invest in bitcoin or altcoin, maybe first day buy 30% of fund have before tomorrow invest 30% again if have another bottom price. But I think today have been more bottom price for several altcoin and good chance if have more capital to buy back, several altcoin have very lower price and I checked daily days how significant if have much capital to re investing will earn much profit later. 
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
You do have a point but on the other hand we can also consider this that everyone has seen the ATH.
Keeping that in mind do you think people will actually sell their coins at a 70% discount from it's ATH.
If you were about to get those bitcoins, would you really sell it at such low prices ? I wouldn't.
So this may actually give a pump in bitcoins price thinking that people are holding such huge amount of coins.
It is not only the MtGox issue that raises people’s fears, there is the Russian-Ukrainian war and the rise in energy prices in the world, all these bad economic and political conditions make people in constant fear due to recession, inflation and other economic problems, people will continue to fear the decline in the price of Bitcoin but I personally believe They will soon regret that they did not take advantage of the low price opportunity. This situation will not change unless people believe that Bitcoin is a store of value and a safe haven.
I guess not for not taking advantage of the current low prices. they still think there will be a better price for them to buy. as you said, there are some events that do make people worry about getting into the market. this situation would probably be even worse if the big, much-talked-about crises occurred in the world. more people will withdraw their money from the crypto market for necessities. while those with more capital have the opportunity to get a bigger discount. 
I had hopes that altcoins would perform well, but I lost them one by one. If Bitcoin makes another big drop, all altcoins could come to half their current prices. I don't think we're at the bottom yet. Maybe waiting a little longer might be the best option. For now, I will not rush and wait patiently a little longer because Bitcoin may not have says us its final word yet.
The chart is not showing a rebound signal. We are still at the bottom with possibility to go even lower than the current rate. It can be seen from how bitcoin is not doing so good. Sometime bitcoin will be so easy to be pumped but these days is quite different compared with another market. Remember that stock market is always going down at this moment. i expect the same thing like bitcoin. 
I had hopes that altcoins would perform well, but I lost them one by one. If Bitcoin makes another big drop, all altcoins could come to half their current prices. I don't think we're at the bottom yet. Maybe waiting a little longer might be the best option. For now, I will not rush and wait patiently a little longer because Bitcoin may not have says us its final word yet.
The chart is not showing a rebound signal. We are still at the bottom with possibility to go even lower than the current rate. It can be seen from how bitcoin is not doing so good. Sometime bitcoin will be so easy to be pumped but these days is quite different compared with another market. Remember that stock market is always going down at this moment. i expect the same thing like bitcoin. 
I had hopes that altcoins would perform well, but I lost them one by one. If Bitcoin makes another big drop, all altcoins could come to half their current prices. I don't think we're at the bottom yet. Maybe waiting a little longer might be the best option. For now, I will not rush and wait patiently a little longer because Bitcoin may not have says us its final word yet.
As long as your altcions can survive until the bullish trend will come soon and i do believe if your altcoin will make another come back very soon. The only problem is when so many people have not yet aware about the market is still struggling with bearish market but they expect bullish to come as soon as possible. Im still also wait patiently. This must become a very long time to wait but we can do nothing for thatIn a bear market situation, we really have to choose potential projects, because usually potential projects will survive in a bear market situation.
So we don't have to worry about the projects we choose will drop to the lowest price, we just need to hold the projects until they recover.
Potential projects can always recover and the price will go up no matter how much the price goes down. We can buy potential projects whenever
the price drops. Because in a bear market situation as you said there are not many ways to deal with a bear market, besides continuing to
accumulate projects that we consider potential, then after that holding until the target we want to achieve. We can also hold potential projects
until the bull market comes, because it is certain that when the bull market comes, almost all projects will increase. Indeed, to become successful
investors, we need good skills in analyzing the market, so that we are not wrong in choosing what projects are worth buying in a bear market situation.
It is not only the MtGox issue that raises people’s fears, there is the Russian-Ukrainian war and the rise in energy prices in the world, all these bad economic and political conditions make people in constant fear due to recession, inflation and other economic problems, people will continue to fear the decline in the price of Bitcoin but I personally believe They will soon regret that they did not take advantage of the low price opportunity. This situation will not change unless people believe that Bitcoin is a store of value and a safe haven.
Waiting for bitcoin bottom to invest is unprofessional while we have DCA strategy.
What's the connection of being professional and unprofessional just because someone is waiting for it to dip? I don't see any reason to call somebody as unprofessional just because he's waiting for the dip? Yes, there's DCA and other strategies but you can't just call someone unprofessional because he's waiting for the bottom. Everyone is waiting for the bottom and that's the time that we're waiting for and we like to invest at the bottom because that's the most ideal time and price to buy.Like if you're about to buy and acquire 3 decimals, the difference would just be some centavos or a few bucks. That's why, it's still good to buy right now but many don't want to buy it because they think that it's still a lot.
asking when the bottom gonna occurs is like asking for the future, all you can do is dca basically investing with some strategies, by that you could make great investments which could give you nice returns, otherwise you're just gonna wasting time waiting for the bottom meanwhile you will surely miss the bottom since it's very random when bottom actually gonna occured, so if you want to invests I guess you just find the right moment and the right price that way you could make fortunes.
I believe FUD will never end. There will always be someone who says negative, even if Bitcoin is the best idea of this century. The bottom may have been reached, but that is in relation to the current situation in the world. If that changes and there is a major war, or blackout because of energy, then people will continue to get scared. Investments could out of bitcoin and acceptance could fall. For the price to rise, you need many more people and companies that want bitcoin. A bottom in 2023 could be lower with a worse situation than now.
But there are also times when bitcoin does what it wants and I would bet on that
But there are also times when bitcoin does what it wants and I would bet on that
FUD had been a very effective weapon of manipulators in order to crash the market. And every time FUD circulates some entity take advantage of it by buying the cryptocurrency in its bottom, then when done accumulating, they will release news that then hypes the market.
Bottom is still possible, as we are still in a bear market. It’s hard to know if we already hit the bottom price or the worst price is yet to be seen during this bear market. The best thing to do is to be prepared, bear market is still strong and many coins/tokens are still struggling to break the resistance. With the economic situation of many countries, I still cryptomarket will continue to follow the trend of the stocks. If the whales will continue to liquidate their Bitcoin, that can help the bear market to stays longer and we have no control over it but to wait patiently until those whales are done liquidating.
True, no one knows what is the exact bottom price so all we can do is just speculate. During the bear market, everything is uncertain specially the price trend. One day it will record a higher low then the next day it will record a lower low. The market sentiment is continuously shifting so I think we better watch the market carefully because we never know when will the market records its bottom.
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
Be patient, mate, exactly this bearish market is not yet ended. We can still see that the market is still experiencing extreme volatility, sometimes crash, and also the bad situation, moreover with so much FUD again around. As usual, the price may be up and down unpredictably. We can't deny that this year may not end in a good situation, not really to the end of the bear market. It needs more times.Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump
Although FUD is always spreading, although we can never stop the FUDs that are spread by so many parties and people, in fact, there will be not stop also the ways of investors to buying more Bitcoins, moreover during this bearish market. Actually, this is a good time to invest in Bitcoin, right? I ma not sure about altcoins, but in fact, Bitcoin is the favorite one to invest in during this cheap market. Nobody wants to buy fearing MtGox holders will dump
Bottom is still possible, as we are still in a bear market. It’s hard to know if we already hit the bottom price or the worst price is yet to be seen during this bear market. The best thing to do is to be prepared, bear market is still strong and many coins/tokens are still struggling to break the resistance. With the economic situation of many countries, I still cryptomarket will continue to follow the trend of the stocks. If the whales will continue to liquidate their Bitcoin, that can help the bear market to stays longer and we have no control over it but to wait patiently until those whales are done liquidating.
Everyone eagerly wants to know just where the bottom is. But no one has an exact idea about it. We see that the price of Bitcoin is fairly fixed in a range. Maybe this is the bottom. It can go lower than that. But I think now is the best time if anyone wants to make a long term investment.
We can know once we reach it and with Bitcoin I think the bottom can still happen since after trying many times to break the resistance we are still failed to do so which means bear is still strong. I suggest not to wait for any bottom before you buy, better to start buying now and when Bottom happens that’s the time for you to buy more, this could be the best strategy for long term investors. We see that the price of Bitcoin is fairly fixed in a range. Maybe this is the bottom. It can go lower than that. But I think now is the best time if anyone wants to make a long term investment.
No bitcoin is not fixed and will not be. Despite that it has not moved highly volatile yet but it has had up and down movement probably looking for a breaking for support or resistance. This week was different from last week that was bear. Bitcoin is selling around $18,9300 after dropping from $19,500 yesterday , however the price still looking down so nobody knows how the week will turn up.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
I think it's in batches and for sure lot of the people that get the refund will not sell at all, it's all just a FUD considering we're in a bear market, lot of people are just fearful. They have been holding onto it in the first place for how many years now and seeing it bounces to $70k will keep the wondering. Expecting bottom is likely not my idea by now, DCA is the best strategy to keep your money working. Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
Do you think the whole Mt.Gox holders will sell all of their coins? I doubt it since they're already learn if holding are actually make them earning so much money. Surely they might sell few percent to enjoy few days about their success, but they will continue to hold for long term purpose.
Instead of asking when is the bottom, why not start collecting from now and when the bottom happen, you can bought the bottom too rather than missed the chance.
Instead of asking when is the bottom, why not start collecting from now and when the bottom happen, you can bought the bottom too rather than missed the chance.
There's a huge possibility that those who are waiting for the bottom to happen might miss the lowest price of Bitcoin. That's why it's advised to buy at a low price than wait for the lowest because we might miss the chance out. The current market situation is actually a perfect time for investing. It will still guarantee a promising profit in the future.
choose a coin that really has potential and it's better to do some research first,
after all we have to consider the risks before buying
well maybe people are always worried about dumping done from mtgox holders, I don't think they will do the distribution all at once and could just do the distribution in stages, because I know it will result in a pretty strong dump although I believe it won't take long and the big whales are ready to buy it down below, so actually it's not just on mtgox but also we're in a bear market in a 4 year cycle reckoning, letting them phase it out is a good move to take under $20k, I bet it won't under $15k, wait till the end of this year
Do you think the whole Mt.Gox holders will sell all of their coins? I doubt it since they're already learn if holding are actually make them earning so much money. Surely they might sell few percent to enjoy few days about their success, but they will continue to hold for long term purpose.
Instead of asking when is the bottom, why not start collecting from now and when the bottom happen, you can bought the bottom too rather than missed the chance.
Instead of asking when is the bottom, why not start collecting from now and when the bottom happen, you can bought the bottom too rather than missed the chance.
Waiting for bitcoin bottom to invest is unprofessional while we have DCA strategy.
What's the connection of being professional and unprofessional just because someone is waiting for it to dip? I don't see any reason to call somebody as unprofessional just because he's waiting for the dip? Yes, there's DCA and other strategies but you can't just call someone unprofessional because he's waiting for the bottom. Everyone is waiting for the bottom and that's the time that we're waiting for and we like to invest at the bottom because that's the most ideal time and price to buy.copper member
Activity: 2758
Merit: 1163
Leading Crypto Sports Betting & Casino Platform
While there are people who are waiting for the price of Bitcoin to pump, others are still waiting for the bottom so they can buy and accumulate more coins at its cheaper price which could make them gain higher profits when the bull run approaches which I think is good preparation. That's not unprofessional but rather a good strategy of applying the basics of buying low and selling high.
This right. Waitingfor a perfect opportunity to have a better position on lower price is actually the right way. Buying Bitcoin on rush just to enter without any confirmation of the trend reversal is the real unprofessional way yet it's not wrong too as long as the purpose of the buyer on doing that just for accumulation for a long term holding like Microstrategy doing when they keeps buying while the price keeps dumping.
I think the decision of buying and selling of crypto traders depends on the purpose of there trading some wants a short term profit that’s why they want to purchased at the most bottom part while others is thinking for long term that’s why they keep buying on any price below the ATH.
Bottom for what for cycle you never know you always get about it after the end of cycle haha. Indicators can just give a direction for me its not done yet bro i am waiting for it but we are close to the market bottom. Bottom but why you want to know about it really if for investment so that the best time for the investment. If you are expecting market pull back sooon after the bottom then bro we are in the consolidation zone wait for the market sentiments to be reversed at-least for the 30K.
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
I am also having a hard time to really get an indication or at least a feeling where the crypto market will head in the mid and longterm future. It is definitely true that projects like Shiba Inu and Dogecoin are still valued way to high, because in the end they are just useless shit coins. I think though that Dogecoin will still be in the top 50 in terms of the market cap. Just because it was the first of all those meme coins and many people seem to have a soft spot for that project. But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
When Bottom? $17.5k is the bottom and currently Bitcoin is priced at $19.5 and rose to $20k earlier,
if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
Waiting for bitcoin bottom to invest is unprofessional while we have DCA strategy. No one knows where the bottom will be, if we wait we will miss the opportunity to buy bitcoin cheaply. Investing in bitcoin is a long-term investment, a few percent higher price is nothing to worry about. Many people wait for a bigger drop but this October I believe bitcoin will rise again.if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
Waiting for bitcoin bottom to invest is unprofessional while we have DCA strategy.
What's the connection of being professional and unprofessional just because someone is waiting for it to dip? I don't see any reason to call somebody as unprofessional just because he's waiting for the dip? Yes, there's DCA and other strategies but you can't just call someone unprofessional because he's waiting for the bottom. Everyone is waiting for the bottom and that's the time that we're waiting for and we like to invest at the bottom because that's the most ideal time and price to buy. 
When Bottom? $17.5k is the bottom and currently Bitcoin is priced at $19.5 and rose to $20k earlier,
if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
Waiting for bitcoin bottom to invest is unprofessional while we have DCA strategy. No one knows where the bottom will be, if we wait we will miss the opportunity to buy bitcoin cheaply. Investing in bitcoin is a long-term investment, a few percent higher price is nothing to worry about. Many people wait for a bigger drop but this October I believe bitcoin will rise again.if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
Wrong, it's not always, during the last bear market of 2018, Bitcoin was doing like -3-4% at the month of October.
But I do agree that it is a trying times not just for crypto market, but for the rest of other investments that we have right now. The looming recession, or shall I say that we are already in that phase. And still the war that we don't know when it's going to end are affecting everyone of us. Dollar is weakening is another indication that this year and maybe the next, we should expect the worst and so is Bitcoin market. Next year we will still experience another worst bearish trend.
When every investor is able to understand that the market will continue to be more bearish, no one is interested in making new investments in the market. As a result, even if the market is less than 100000 BTC, it will not be able to change the situation. If the market was bullish, the market would not have any effect of MT Gox. The market will gradually be able to break out of this bearish trend. But we have to wait with having patience.
The release of 100k bitcoin will be giving a big damage to the market. I can sure not all of creditors will be liquidating their bitcoin to the market but the problem is if even 50k bitcoin will drive market to go down once such amounts dumped instantly without thinking about the liquidity in the market. Remember the case that happened after tesla was dumping all of its bitcoin. Market goes to the bottom and panic selling everywhere.
Exactly Mt.Gox will issue 137kBTC not 100kBTC, but I don't see it will cause any damage to the market. They put on the market such a large amount of bitcoin but it doesn't increase or change the bitcoin supply how can it cause damage? Like the case you describe about Tesla, I don't see it having too much of an impact on the market, just investors' reaction to the market, some panic sell for fear of loss but there are always some other investors waiting to buy at lower price.
Depending on people's reaction to that news, for me that is good because there will be more buying opportunities for bitcoin and once the bad news is over it will be time for the bulls to come.
If you aren't long enough on this forum you will need to see it to yourself that bear market won't just end for a year or having a constant price for over a year at least it's constant within that bearish market but not when it's in bullish time. I guess this is how really the market works after looking and experiencing those ups and downs of prices.
And if you are waiting for the bottom, the only answer you would get is "nobody knows" since no one could actually guess or predict the future. But there's always a way that you can anticipate when will be the market going up or going down.
It is natural that those that were not around for the crash we saw at the end of 2017 are nervous about what it is happening. but they need to understand that bear markets can be very long and there is not much we can do but to endure them.And if you are waiting for the bottom, the only answer you would get is "nobody knows" since no one could actually guess or predict the future. But there's always a way that you can anticipate when will be the market going up or going down.
And during the time the negative trend is present in this market we will see a lot of FUD being thrown around to try to make the price of bitcoin crash, and this makes impossible to predict how low the price will go and when it will happen, and while this is problematic if you are a long term holder then the bottom instead of being something to be afraid it becomes something to look forward, as that is a great moment to buy all the bitcoin you can.
If you aren't long enough on this forum you will need to see it to yourself that bear market won't just end for a year or having a constant price for over a year at least it's constant within that bearish market but not when it's in bullish time. I guess this is how really the market works after looking and experiencing those ups and downs of prices.
And if you are waiting for the bottom, the only answer you would get is "nobody knows" since no one could actually guess or predict the future. But there's always a way that you can anticipate when will be the market going up or going down.
And if you are waiting for the bottom, the only answer you would get is "nobody knows" since no one could actually guess or predict the future. But there's always a way that you can anticipate when will be the market going up or going down.
The global economy is really struggling right now and that is having a negative impact on crypto markets. The bear market won’t end until we see an improvement in traditional markets. Inflation is still out of control in many countries and the conflict in Ukraine is only intensifying. These are not good signs for the price of Bitcoin.
legendary
Activity: 2982
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
The release of 100k bitcoin will be giving a big damage to the market. I can sure not all of creditors will be liquidating their bitcoin to the market but the problem is if even 50k bitcoin will drive market to go down once such amounts dumped instantly without thinking about the liquidity in the market. Remember the case that happened after tesla was dumping all of its bitcoin. Market goes to the bottom and panic selling everywhere.
I believe FUD will never end. There will always be someone who says negative, even if Bitcoin is the best idea of this century. The bottom may have or been reached, but that is in relation to the current situation in the world. If that changes and there is a major war, or blackout because of energy, then people will continue to get scared. Investments could out of bitcoin and acceptance could fall. For the price to rise, you need many more people and companies that want bitcoin. A bottom in 2023 could be lower with a worse situation than now.
But there are also times when bitcoin does what it wants and I would bet on that
alot reason behind this negative sight in this market, most of them only want retail traders panic and whales buy their coins cheaply. This is the main reason for this fund, I have different sight about 2023 many people said reccesion will happen and maybe stock market will nuke more but it will not happen to Bitcoin. When government decided printing more money ,this is be moment for Bitcoin bounce hard and go to moon. But there are also times when bitcoin does what it wants and I would bet on that
suddenly the MT.Gox event was mentioned again by someone, apparently it's all just pre-arranged FUD.
I'm not sure why you wrote this. This is what everyone is expecting. The BTC from MtGox to be released.
What do you suppose will happen?
Because this topic has been discussed many times every time Mt Gox news buzz again. Mt.Gox released already a official statement that they will be releasing the funds by batch and not in one go. And also there’s still no definite time of the release since the payment structure plan is not finalized. I’m sure that the Mt.Gox BTC itself will not cause the dump but the people who will panic sell due to the FUD news coming from social media.
Right. The moment the first transaction out of an MtGox address takes place it is possible there will be panic. What make sense to me is to end with this situation the soonest possible.
if you haven't bought Bitcoin I guarantee you will regret it ...
Quit the ponzi-talk, please. It doesn't serve anyone. Regret it. Like I'm going to cry at the corner. I have investments, and I hold BTC. This is not about Bitcoin anyway but other coins I'm willing to risk and invest.
When Bottom? $17.5k is the bottom and currently Bitcoin is priced at $19.5 and rose to $20k earlier,
if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
if you haven't bought Bitcoin I guarantee you will regret it because many people expect Bitcoin to dump to $15k,
and unfortunately the month will change and September will be over .
The month of October may still face more crypto winters as most coins in the market will see more price decline and even Bitcoin may face more drop in price and same will be faced with the other altcoin who will face more volatility in their price. But then it is better to hold more Bitcoin this moment and focus less on altcoin.
It's a good choice in my opinion as well to put the focus on bitcoin. Because almost everyone is now focused on the price movement of bitcoin, and I believe that sooner or later bitcoin will stabilize again. Moreover, it is more profitable that the price movement in the market depends on bitcoin. I'm also a little into altcoins that have great potential and of course already have high enough trust, not much but I think it's quite profitable. 
If they are really up to release the coins, it should be very timely that people needed the money this time. If they are really to distribute the coins, it raises the hopes of MtGox users. They better do it already, it will be a big help. BTC may dump but at least we're going to be over with it.
While its not happening yet, price will just hang in this level. Its been 4 months already and we are still seeing seesaw in $18000-24000.
While its not happening yet, price will just hang in this level. Its been 4 months already and we are still seeing seesaw in $18000-24000.
The month of October may still face more crypto winters as most coins in the market will see more price decline and even Bitcoin may face more drop in price and same will be faced with the other altcoin who will face more volatility in their price. But then it is better to hold more Bitcoin this moment and focus less on altcoin.
suddenly the MT.Gox event was mentioned again by someone, apparently it's all just pre-arranged FUD.
I'm not sure why you wrote this. This is what everyone is expecting. The BTC from MtGox to be released.
What do you suppose will happen?
Because this topic has been discussed many times every time Mt Gox news buzz again. Mt.Gox released already a official statement that they will be releasing the funds by batch and not in one go. And also there’s still no definite time of the release since the payment structure plan is not finalized. I’m sure that the Mt.Gox BTC itself will not cause the dump but the people who will panic sell due to the FUD news coming from social media.
It is difficult to predict bottom positions for altcoins and bitcoins at this time. because the market moves so fast and is very different from 2017. In this condition, you should pay attention to the trading budget you have, make periodic purchases, not instant buys. Follow the trend when it goes down, do the accumulation starting from small amount but continously till reach 100% from your budget. If you are afraid to see your portfolio, you should withdraw and hold it to your own wallet then reopen when there is a pump. never hold it on exchange, its not good.
suddenly the MT.Gox event was mentioned again by someone, apparently it's all just pre-arranged FUD.
I'm not sure why you wrote this. This is what everyone is expecting. The BTC from MtGox to be released.
What do you suppose will happen?
legendary
Activity: 2828
Merit: 1213
Call your grandparents and tell them you love them
Surely it is more than just Mt. Gox, that news started some panic in the market some time back but the thing with FUD is the first contact effect where the impact on the market is the maximum on first appearance of the news, further down the line, people become resistant to that news.
Still the FUD will continue in different forms, it never ends and neither will the cycle of bull and bear. So better to put that thought out of your head. Instead to keep profiting, just treat the numbers as numbers, not as an effect of a news on a number. Buy bitcoin at the lower prices being reached and sell when it will goes back up.
Today it might be one set of FUD, tomorrow it will be another. Hence we have to learn to ignore them.
Still the FUD will continue in different forms, it never ends and neither will the cycle of bull and bear. So better to put that thought out of your head. Instead to keep profiting, just treat the numbers as numbers, not as an effect of a news on a number. Buy bitcoin at the lower prices being reached and sell when it will goes back up.
Today it might be one set of FUD, tomorrow it will be another. Hence we have to learn to ignore them.
I thought that we are done with the Mt. Gox discussion because it's really a hot topic last August?
But in any case, we don't know if the bottom is in, others say that yes, but there are still some who thinks that bitcoin can go as low as $10k-$15k, but it will have to happen next year.
So we will see, as for the altcoin, same movement, majority is like 80%-90% down from it's previous high but the bleeding might not stop.
But in any case, we don't know if the bottom is in, others say that yes, but there are still some who thinks that bitcoin can go as low as $10k-$15k, but it will have to happen next year.
So we will see, as for the altcoin, same movement, majority is like 80%-90% down from it's previous high but the bleeding might not stop.
I also remember that I also participated in the discussions about the bitcoin release of Mt.gox this past August, but in the end so far all are just rumors and still no official announcement from Mt.gox. I think someone is intentionally spreading FUD in the market to cause more panic.
In this September, we will mainly focus on the news that the Fed will raise interest rates and finally, the rate hike has caused the market to fall deeper. Today is the last day of september i think we will have a better october as there are not any major events affecting the market, suddenly the MT.Gox event was mentioned again by someone, apparently it's all just pre-arranged FUD.
I thought that we are done with the Mt. Gox discussion because it's really a hot topic last August?
But in any case, we don't know if the bottom is in, others say that yes, but there are still some who thinks that bitcoin can go as low as $10k-$15k, but it will have to happen next year.
So we will see, as for the altcoin, same movement, majority is like 80%-90% down from it's previous high but the bleeding might not stop.
But in any case, we don't know if the bottom is in, others say that yes, but there are still some who thinks that bitcoin can go as low as $10k-$15k, but it will have to happen next year.
So we will see, as for the altcoin, same movement, majority is like 80%-90% down from it's previous high but the bleeding might not stop.
I believe FUD will never end. There will always be someone who says negative, even if Bitcoin is the best idea of this century. The bottom may have been reached, but that is in relation to the current situation in the world. If that changes and there is a major war, or blackout because of energy, then people will continue to get scared. Investments could out of bitcoin and acceptance could fall. For the price to rise, you need many more people and companies that want bitcoin. A bottom in 2023 could be lower with a worse situation than now.
But there are also times when bitcoin does what it wants and I would bet on that
But there are also times when bitcoin does what it wants and I would bet on that
Taking a look at prices at coinmarketcap isn't giving me hope we are at the end of the bear market yet.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
But the charts and the overpriced assets (Shiba Inu, Dogecoin, etc.) are not the only indicators.
There's an event we are waiting for that should finally end and that's no other than the MtGox coins release. Certainly, Bitcoin's price is decisive for the whole market.
Maybe the release of 100,000 BTC will not be that damaging. Sure if everyone sells, we will find new levels, but right now, I think it is the only event investors wait to begin buying both Bitcoin and altcoins.
Nobody wants to buy fearing MtGox holders will dump their 9 year forced-hodled coins. Maybe they won't but it is fear of a dump that blocks many investors at this point.
The soonest the MtGox BTC are released, the better for everyone in this market. The FUD will end, and if prices drop then we get a discount.
Jump to: