Topic: Winter is coming? (Read 554 times)

According to the latest trend of bitcoin and i think we will still at the stable area. If the bitcoin can't break $8k barrier and it will be so difficult to reach another barrier in the future.
I believe at the last year bitcoin will try to recover itself and we will go to the moon. In fact there is a lot of good news are coming to the crypto space especially from US.

Hope it will not going to drop more. I still believe that Christmas and New year are the best time to sell bitcoin so hold on no matter what.

Maybe yes but dont lost our hope and pray it for increasing the BTC . we know the fact that this is only know about him but we dont know the future so dont panic it is not good but i know btc will never been die .

Absolutely sure with you. According to technical analysis I think we will reach $ 10K mostly $ 12K in the middle of June and then will drop to $ 3K my be lower. This year will be only flat. recovery will start only next year.

There's still a lot remaining to be sold off but the price they're reported to be wanting to sell at is around ~$10,000 and this would be occurring later this year when the market should be able to absorb most of the dumping

This may seem offtop, but ... it's snowing today, getting colder. And this is the 2-nd half of March. Seriously, now there are no prerequisites for the spring of crypto, except that prices have fallen significantly)

Wow...i just read and get this info and probably this bear market os really because mt gox trustee selling their bitcoin. As far as i know they have 200k btc and if they sold 64k its mean they still have 130k btc to dump. We will see $5000 in the near futures and  we will bounce to arround $7000. 200k on them can make a dip but still can not make btc death. Dont panic !!! If you want to hold. Hold your btc tight untill the end of 2021 or if you new to this buy btc gradually dont go all in.

Studying every day a lot of material related to Bitcoin, because all the coins follow it, I am increasingly convinced that 2018 will be difficult for the cryptocurrency, and it is possible that we may not see those numbers in the price of bitcoin that everyone talked about at the end of 2017! But in any case, we can still earn even in this not stable market.

I fully share all your words.

The real crux is the integration between criptocoin-real life

I agree that winter has just started, we have a couple of months before spring. There are a lot of uncertainity in the market. Mt.gox issue is the first, high increase in one year is another. Most early buyers are still taking profits and I am expecting another leg down.
Regulations and technical problems in bitcoin is still a problem, and we need to see more real life use of cryptocurrency as soon as the enthusiasm is over.

Yes I was having a detailed look at the 2013 year in crypto today - Coinbase established, the first ICO in July 13 for MasterCoin and the birth of LiteCoin as well as another 90 odd new coins released that were mostly scams, and the 9,500% run up of bitcoin from $13 to an ATH of $1,130 on Nov 29 2013 before it crashed 80% in a jagged fashion. And yes it might do well to remember now that bitcoin sat around $250 for all of 2014, and then around $200 for the first 9 months of 2015 before it rose to $400 in the last quarter - and then slowly rose through 2016 to end the year at ~$1,000. So people who bought bitcoin at $1,130 in November 2013 were still underwater over three years later in December 2016!

As Charlie Lee tweeted we should not have a short memory, and we should not forget the past! I believe the charts and demographics suggest bitcoin should revisit its ATH of $19,000 in Dec last year by the end of this year - but I am mindful that history shows that bitcoin may still be priced under that ATH in three years time at the end of 2020! As is emphasised over and over when you join the cryptocurrency investing world, it’s important advice to - “Don’t invest more than you can afford to lose!”.

Not very high volume not in very proper time. Why they sold everything on panic sell on the bottom when everything start to recover? IMHO they just trying to manipulate market:( Most people just follow the trend selling their BTC in red candle this effect gives multiplication to big portion of sold in one piece BTC -  everybody waits for bad news when they see this.

35K BTC are just 280-400M, depend on rates. Bitcoin alone have 10x daily volume.

Yes, they are 280-400M cash flow withdraw, but it can't cause a 50% price drop. Otherwise we could count crypto's as dead if 1% of total cap withdraw can ruin it with 50%.

Right! There will be a big shock for newcomers to bitcoin. When bitcoin has lowered the price. They gave up a bit of cash to buy the bitcoin but could not get it back but lost. That is sad. Virtual world money is not successful so everyone must learn thoroughly. First of all, earn a bit of hard work from the campaigns that bitcoin offers.

In my opinion, no single seller should be able to move the market on his own - except maybe Satoshi himself.

The coincidence of Kobayashi's sells with some price movements are interesting, but they wouldn't have driven the price down if the market hadn't overheated and the bubble was about to burst. Many investors were taking their profits in the last months, so if Kobayashi had some influence, it only amplified an existing trend.

I don't rule out a crypto winter, but for other reasons. The reason is that much money flew into cryptocurrency projects that do not have any chance to succeed - at least, they have absolutely no possibility to make the majority of their investors "rich" in some way, and that's what they were promising. The reasons are varied: some were outright scams from the beginning, others have only a tiny niche market, others have shady "features" that don't solve problems nor generate new use cases, and others are developing their proposal way too slow.

People are selling these "hypecoins" now that fueled the extreme 2017 rally. Some coins like XVG lost about 90% of its value during the peak, while Bitcoin, with only a 60% loss, is still one of the more stable cryptocurrencies and increasing its dominance again. I expect this trend to continue, and most of the hypecoins will fall into total irrelevance.

I expect there will be a slow trend reversal for some technically interesting altcoins in the second half of 2018. For the rest, the winter will continue.

Winter does seem to be here. Prepare for the long haul, since it seems like we'll be in a bear market for at least a few more months.

Good days will come. Keeping up is sometimes very difficult. I think this moving market is devastating to me. Bitchco will get better price levels. Basic logic patience.

There is nothing remaining. he rest will be returned to MtGox owners.  What was sold is what MtGox is over to debtors. Now they have USD to return them.  Basiclly sell happened at end of January and beginning of February. In only 3 weeks that is why had some impact.  If he would start selling in November and was selling 3 months instead of 3 weeks would have zero impact.

Nah, it wont go down more than what is right now, i am expecting to see bitcoin between $7800 and $9200 from those last weeks of march and the middle of april.

Let's expect to see it going up, but it is good to have a stable bitcoin right now.

I don't think they will dump the price much more, they have to refond all the mtgox cliente that lost a lot of money back in the past, it's not in their interest, they will surely try to keep the price up to refound ad much ad possible