Why This Bear Market Is NOT Here To Stay

MiiDoViic

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Quote from: pooya87 on June 29, 2018, 11:25:08 PM

every trend comes to an end. the media likes to create drama though, that is why we are seeing a lot of negative news flying around. not to mention that it is all FUD to help push the price lower so that they can buy more bitcoin with the same amount of money they had and make a much bigger profit from the follow up rise.

comparing this to 2014 is wrong, and i have always said that. but i am starting to think that people compared it to 2014 enough time to convince themselves things should be similar so the market shaped to their beliefs.

The media always air what's intreging and most clickbaity . If bitcoin goes to 20k u see crazy headlines that says btc is heading towards 1 million or how it's just a bubble that is going to burst , to trigger a reaction from the public and get the most views.

as for comparing the market situation to 2014 , I think u'r completly right . Crypto is dependent on two things , whales manipulation and people's mind sets . If everyone i thinking that the same november/december bull run from last year is going to happen again this year , then it will most likely happen due to people buying in having that mind set.

totholio

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I think it still requires wider usage of cryptocurrencies before a true bull market will come, ATMs won't make it widely used.

googs84

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Quote from: pooya87 on June 29, 2018, 11:25:08 PM

every trend comes to an end. the media likes to create drama though, that is why we are seeing a lot of negative news flying around. not to mention that it is all FUD to help push the price lower so that they can buy more bitcoin with the same amount of money they had and make a much bigger profit from the follow up rise.

comparing this to 2014 is wrong, and i have always said that. but i am starting to think that people compared it to 2014 enough time to convince themselves things should be similar so the market shaped to their beliefs.

I think this is the simplest explanation for the fact of bear market not being here for very long. The cyclic changes will always be there for this market and thus when it gets condensed with the investors, and lot of money starts to come in then surely the market will outburst in the positive ways and then the buy trap, and bull run will follow afterwards. Just check the market now, we are heading towards the end of year now (well we are in mid year correctly) and thus people will now start getting in the market and thus it will go in the recovery process and will leave the bear market behind. Simple as that!

Yaunfitda

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Quote from: JRMtrader on June 29, 2018, 09:15:59 PM

News feeds have been filled with headlines of “Bitcoin Crash” and “Bitcoin Is Dead!. These writers have a pretty unique definition of the words “crash” and “dead”. For a brand new emerging asset class, Bitcoin being worth only pennies less than a decade ago is now worth $6,000. It must really be dead...

Bitcoin is now getting close to reaching the same percentage loss as the correction in 2014. This time is a little different though. Alec, Jason and Brennan talk about what recent market news interests them and how institutional investors view the market. Looking back with their experiences during the last economic recession of 2018, they give their insights into the current marketplace.

New Podcast Episode - https://soundcloud.com/buy-or-sell-what-the-hell/why-the-bear-market-is-not-here-to-stay-29

Maybe is hungry for every news they can get in crypto specially bitcoin, so it doesn't surprise me at all with such headlines because they wanted a controversial title as they can get for obvious reasons, clickbait. But if you are investors, you should know by now not to be affected by this kind of news floating around because you really know what's going inside, what causes the slide, and bitcoin's past history of recovery. So for me, I just have a good chuckle specially negative news coming from the media. This bear market will not stay for sure and its just a matter of time before we will see the price going back to the 5 digits once again.

Biscutard

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Quote from: JRMtrader on June 29, 2018, 09:15:59 PM

News feeds have been filled with headlines of “Bitcoin Crash” and “Bitcoin Is Dead!. These writers have a pretty unique definition of the words “crash” and “dead”. For a brand new emerging asset class, Bitcoin being worth only pennies less than a decade ago is now worth $6,000. It must really be dead...

Bitcoin is now getting close to reaching the same percentage loss as the correction in 2014. This time is a little different though. Alec, Jason and Brennan talk about what recent market news interests them and how institutional investors view the market. Looking back with their experiences during the last economic recession of 2018, they give their insights into the current marketplace.

New Podcast Episode - https://soundcloud.com/buy-or-sell-what-the-hell/why-the-bear-market-is-not-here-to-stay-29

I've seen a lot of these news lately and it doesn't really help at all. While this is their way of manipulating the price by turning those weak-hand people to dump their tokens easily which really helps to push down the market.

milewilda

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Quote from: pooya87 on June 29, 2018, 11:25:08 PM

every trend comes to an end. the media likes to create drama though, that is why we are seeing a lot of negative news flying around. not to mention that it is all FUD to help push the price lower so that they can buy more bitcoin with the same amount of money they had and make a much bigger profit from the follow up rise.

comparing this to 2014 is wrong, and i have always said that. but i am starting to think that people compared it to 2014 enough time to convince themselves things should be similar so the market shaped to their beliefs.

Im not even comparing the same scenario would happen on this year.If thats the case people would definitely buy all they can when the last quarter of each year would approach because they do already have the experience that prices on last months do increase out but for now on this recent year i dont even know if we would see those kind of price movement. I do rather believe this would last up for how many months where prices do moves on side ways.
In every bear market there would always be a bull one but the question is when it would happen?

richardsNY

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Quote from: coinbirds on July 01, 2018, 02:08:37 PM

If Facebook or Amazon release their coins, or Facebook buys Coinbase as it was mentioned in the Podcast the market can boom.

Why would the market boom if Facebook or Amazon release their coins? I'm pretty sure the only thing that will boom is the stock price of these tech giants. On top of that, I think the coin of Facebook if it ever comes out, might turn out to be a threat to the smaller coins and tokens in this market. People care about one thing only, and that's convenience. If Facebook incorporates it in a way people will actively use it as currency as well, then it will succeed in a way that we have never seen before. They have the mass behind them, and that's directly their strongest point....

coinbirds

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There is not too much sense for comparing percentage loss of BTC this year with 2014 as the market conditions changed so many times.
This time the recovery time should be much shorter as many institutional money waiting on sidelines to enter the market .
If Facebook or Amazon release their coins, or Facebook buys Coinbase as it was mentioned in the Podcast the market can boom.

kakonhat

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Crypto in my Blood

Some people are worried about the recent market ratio and those people mostly new. You can see who are old into cryptocurrency they are talking opposite than a newbie. They have experience in the past market. So we should follow them even we know that how much is the worth BTC into the real market. Be a real with the real digital market.

JRMtrader

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Quote from: Awesomus Maximus on June 30, 2018, 05:55:28 AM

What amazes me the most is how easily people, fueled by the mass media, get depressed during downtrends. And the other way around, they get overly optimistic during uptrends. This is a game that requires great patience. We are going to see many ups and downs before a more or less steady equilibrium is reached.

Well said.

Rosemarie Carizo

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Crypto life has a big wold.. So every one related to crypto just be patience and had made a hard work every day.. Dont lose hope.. Because crypto have a low and high volume and value everyday.

Awesomus Maximus

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What amazes me the most is how easily people, fueled by the mass media, get depressed during downtrends. And the other way around, they get overly optimistic during uptrends. This is a game that requires great patience. We are going to see many ups and downs before a more or less steady equilibrium is reached.

Indrawan77

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Well many people already tired seeing the price that they target is not met, so they keep on saying bitcoin is dead, but actually if you compare it with last year price, btc price still in great, and I dont believe that we will keep on having bear market, btc still have a very great potential to rise

trecore4

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Quote from: pooya87 on June 29, 2018, 11:25:08 PM

every trend comes to an end. the media likes to create drama though, that is why we are seeing a lot of negative news flying around. not to mention that it is all FUD to help push the price lower so that they can buy more bitcoin with the same amount of money they had and make a much bigger profit from the follow up rise.

comparing this to 2014 is wrong, and i have always said that. but i am starting to think that people compared it to 2014 enough time to convince themselves things should be similar so the market shaped to their beliefs.

Indeed. Agree with you. The journey of comparison never really ends in this market. This is easy for them to compare because they want to find the answers for future, what would be the next move and whether there will be another pump soon or not. I too believed for instance that this is similar to 2017 where crypto currencies were moving around 5K USD by this time and later on they started to up surge like crazy. Looks like I might be wrong and this actually the effect of FUD and nothing else. Off course the news drama is #1 player in such situation as people believe it more than anything else.

pooya87

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every trend comes to an end. the media likes to create drama though, that is why we are seeing a lot of negative news flying around. not to mention that it is all FUD to help push the price lower so that they can buy more bitcoin with the same amount of money they had and make a much bigger profit from the follow up rise.

comparing this to 2014 is wrong, and i have always said that. but i am starting to think that people compared it to 2014 enough time to convince themselves things should be similar so the market shaped to their beliefs.

JRMtrader

newbie

Activity: 66

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News feeds have been filled with headlines of “Bitcoin Crash” and “Bitcoin Is Dead!. These writers have a pretty unique definition of the words “crash” and “dead”. For a brand new emerging asset class, Bitcoin being worth only pennies less than a decade ago is now worth $6,000. It must really be dead...

Bitcoin is now getting close to reaching the same percentage loss as the correction in 2014. This time is a little different though. Alec, Jason and Brennan talk about what recent market news interests them and how institutional investors view the market. Looking back with their experiences during the last economic recession of 2018, they give their insights into the current marketplace.

New Podcast Episode - https://soundcloud.com/buy-or-sell-what-the-hell/why-the-bear-market-is-not-here-to-stay-29

Topic: Why This Bear Market Is NOT Here To Stay (Read 181 times)