Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: kent47400 on June 09, 2021, 06:23:47 AM

Title: What happens now with this Bitcoin ?
Post by: kent47400 on June 09, 2021, 06:23:47 AM
(https://i.imgur.com/VJBDIvH.jpg)

Check the big telegram channel that I shared, most of them also feel afraid to hold crypto and save more Fiat.
See the total marketcap at CMC getting down from +$2,000,000,000 USD to $1,484,672,123.004 USD.
Look at the Bitcoin chart with a 1D or 1W time frame, decreasing slowly.

I don't want to share FUD, but we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin Halving and I've been keeping my FIAT since January 2021.
Title: Re: What happens now with this Bitcoin ?
Post by: damsix on June 10, 2021, 02:37:59 AM
Nothing happens to Bitcoin because Bitcoin is always there who creates bad news and good news, so as usual Bitcoin will go up and down in price, just like what happened in the picture above if the FBI created bad news if the FBI knew exactly what it was. the name traces the Private Key.
But when it comes to Bitcoin security to solve something very difficult it takes quite a long time and that's where Bitcoin has a strong price from a security system that is difficult to hack.
Title: Re: What happens now with this Bitcoin ?
Post by: mlawson71 on June 10, 2021, 02:45:09 PM
I really wonder how they did it if they did do it. A quantum computer?
Title: Re: What happens now with this Bitcoin ?
Post by: Malam90 on June 10, 2021, 05:03:50 PM
There is a fluctuations in the last decade if you observe the historical price chart. If there is no ups and downs, how Whales and small investors make profits from crypto? Basically Whales are smart and they make entry and exist in right time but most of the small traders fall in trap and finally they start to straggle for recovering capital but for the long term, holders finally win.
Title: Re: What happens now with this Bitcoin ?
Post by: TomPluz on June 11, 2021, 09:57:33 AM


One thing I really realized with the cryptocurrency market is that this is made up of retail investors - common people like you and me who are holding small amount of Bitcoin and alts. And it is good because Bitcoin is supposed to be the money of the people and not just of the big institutions. However, small holders can easily feel the tremors, can easily be swayed to give up holding when they hear and see news that Bitcoin is going south. I can understand this because I belong to this category...but I am also aware that all negative predictions for Bitcoin can be self-fulfilling prophecy, meaning the more we allowed ourselves to be influenced by the sentiment then the more we are going to act based on it.
Title: Re: What happens now with this Bitcoin ?
Post by: trauchot on June 11, 2021, 10:10:15 AM
The correction of the cryptocurrency market has just begun and therefore the price of bitcoin has dropped very much, but as we can see, the price of bitcoin has been standing for a long time in about the same place and most likely something will start soon, maybe another growth of the cryptocurrency market will begin, or the cryptocurrency market will begin to fall, therefore, we need to be ready for everything already now.
Title: Re: What happens now with this Bitcoin ?
Post by: sacrotic on June 13, 2021, 08:33:55 AM
It just pump and dump nothing special but will give us nightmare if we don't have plan, so check our strategy and portfolio again and see what we can do for more profit or increase our saving. I believe fees is the problem ( not value ), if normal even goes down will still give us profit. Switch bitcoin or keep saving is the way, choose the right one and never forget to play staking, just send and wait the interest.
Title: Re: What happens now with this Bitcoin ?
Post by: Lukasz on June 13, 2021, 10:20:04 AM
There are some improvements coming to the BTC network making it harder to track transactions and associate them IP's and wallet adres
Title: Re: What happens now with this Bitcoin ?
Post by: lepbagong on June 13, 2021, 12:34:10 PM
Quote from: trauchot on June 11, 2021, 10:10:15 AM
The correction of the cryptocurrency market has just begun and therefore the price of bitcoin has dropped very much, but as we can see, the price of bitcoin has been standing for a long time in about the same place and most likely something will start soon, maybe another growth of the cryptocurrency market will begin, or the cryptocurrency market will begin to fall, therefore, we need to be ready for everything already now.
what you say is true, now if you look at the price of bitcoin during this month it is in the very stable category and does not make a very worrying movement and of course it is clear that this will be very good if bitcoin will increase again later. because the opportunity is always there and easy to reach at a price like this. because the predicted increase should be by the end of this year with the price already widely expected to reach renewable ATH again.

but everything can also change because we are also difficult to analyze if bitcoin drops below $30K, because this will obviously bring bad news and there could be a sharp decline again, but not as sharp as when the last ATH occurred. we hope for the best and all is still possible but we must believe that improvement is still there.
Title: Re: What happens now with this Bitcoin ?
Post by: pelana vreo on June 13, 2021, 02:28:22 PM
No one knows why the Bitcoin price is currently down, some new investors may regret selling BTC and they will come back when the price starts to rise.
 
No other info we received, the latest information is El Salvador accepts Bitcoin and they have made Laws according to their country's regulations, if some start making such regulations I think the price will go up and some countries will be excited to buy BTC because the price will increase before the Halving is held.
Title: Re: What happens now with this Bitcoin ?
Post by: babu10 on June 13, 2021, 07:09:53 PM
I think no need to get panic from this market as every market have ups and down. Surprisingly you did not get panic when BTC hit to 60k$ so i think from all other year, BTC market is batter now and wait for next jump. I also suggest you if you are clever investors you should try chance with low rate investment into BTC so that you would be gainer very short time.
Title: Re: What happens now with this Bitcoin ?
Post by: alltalk on June 13, 2021, 11:52:32 PM
Quote from: kent47400 on June 09, 2021, 06:23:47 AM
we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin Halving
After bullish, there should be a bearish. It always happens and everyone knows it very well. Nothing wrong with this, crypto market won't be always in the bullrun season. How to avoid big loss? Just apply appropriate strategy in your investment or trading. If you realize the bullrun season will be over soon, just convert your coins to USDT. Sell your crypto coins once the prices are good. Don't be so greedy and wait till the prices drop massively.
Title: Re: What happens now with this Bitcoin ?
Post by: CryptoStar19 on June 14, 2021, 03:28:19 AM
This is what happens with bitcoin next: it will be bullish and it will be bearish, but so long as you are in for the long haul, there isn't quite anything else that is as sure of a bet as bitcoin long-term.
Title: Re: What happens now with this Bitcoin ?
Post by: Mrkadir85 on June 14, 2021, 06:15:17 AM
There is nothing to panic about in the current cryptocurrency market.  Although the market has done large-scale dumping.  Bitcoin prices are still fluctuating a lot.  It is normal for the cryptocurrency market to rise and fall.  Currently Bitcoin has come down to 37k.  We were not surprised when the price of Bitcoin was 64k a few days ago.  Bitcoin prices will definitely rise again in the future.  And those who currently hold Bitcoin can benefit a lot.
Title: Re: What happens now with this Bitcoin ?
Post by: Dark Knight on June 14, 2021, 05:24:35 PM
 The cryptocurrency market is now slowly rising to the top. If we look at the coin market cap today, we can all understand that.Today Bitcoin has crossed over 40,000$ again.Bitcoin prices have been falling for a long time but from today the price of Bitcoin has started rising again.There is no reason to worry about the cryptocurrency market fluctuating.I think the cryptocurrency market will turn around again.
Title: Re: What happens now with this Bitcoin ?
Post by: Master107 on June 15, 2021, 03:19:13 AM
We aren't blind to observe the market flow simultaneously. When there's pump, possible next step is dump. When there's dump, possible next step is pump. It's a matter of time and timing.

Do not panic.
Buy low, sell high.
Not a financial advice. DYOR
Title: Re: What happens now with this Bitcoin ?
Post by: XM8 on June 15, 2021, 06:42:58 AM
Bitcoin cryptocurrency has been in a bad position for a long time but now Bitcoin is in a fairly good position. Already the value of bitcoins has exceeded $40k. But I think the value of bitcoin will increase further. Because the resistance of Bitcoin has already surpassed that of Bitcoin.
Title: Re: What happens now with this Bitcoin ?
Post by: Proton on July 05, 2021, 06:59:41 PM
I've said this before, but I'll say it again. The crypto market will move sideways for a while since we're in a consolidation phase. Bitcoin and alts will see small pops, but the overall sentiment is the same. BTC must form a proper bottom before a sustained move upwards.
Title: Re: What happens now with this Bitcoin ?
Post by: CryptoStar19 on July 05, 2021, 09:31:49 PM
Quote from: Proton on July 05, 2021, 06:59:41 PM
I've said this before, but I'll say it again. The crypto market will move sideways for a while since we're in a consolidation phase. Bitcoin and alts will see small pops, but the overall sentiment is the same. BTC must form a proper bottom before a sustained move upwards.

Agreed. Moving sideways for a while isn't necessarily a bad thing either... consolidating at these levels for some time means a stronger bull run when and if it occurs.
Title: Re: What happens now with this Bitcoin ?
Post by: debra on July 05, 2021, 11:59:44 PM
It will depend on who you are and how you are using yuour Bitcoin. We all know that BTC right now is still difficult to rise up more than $40k. It is always around $35k, up and down not too signifcantly. It is like Bitcoin is being sideways currently. Hopefully the market will be better soon
Title: Re: What happens now with this Bitcoin ?
Post by: shadowdio on July 06, 2021, 06:51:36 AM
Well this is the nature of cryptocurrency, there is up and down the price you know.. Not all the time that bitcoin will stay at high price because of course the investors will sell their bitcoin if they gained profit.
Title: Re: What happens now with this Bitcoin ?
Post by: CryptoStar19 on July 06, 2021, 02:34:39 PM
Bitcoin is a play for the super long-term, i.e. years, and in that time-frame it's a sure bet. Zoom out on the btc charts and what has happened before will come to pass again in the years to come. There will be some diminishing returns on the ROI however but the trend can be expected to be roughly the same.
Title: Re: What happens now with this Bitcoin ?
Post by: smrityirany on July 06, 2021, 04:43:06 PM
Now a days the  crypto currency market is fluctuating and price of bitcoin is also  fluctuating . Before few month the price of bitcoin was very high. Its went up to $62 k but it has been decreased very much . Now the price of bitcoin is fluctuating from $30k to $36k. The crypto currency market is uncertain. Nothing can be predicted firmly but I think the price of bitcoin will be risen up more.
Title: Re: What happens now with this Bitcoin ?
Post by: Stuart on July 06, 2021, 05:28:08 PM
With the view of the market and the reaction/behaviour of bitcoin in the market, when the price surges to a new ATH, when it starts to go on the down trend or correction of price, it affects the market and we hold on to some news that comes in to the system. This same thing goes true in the uptrend move.
Now, looking at the term of hacking the bitcoin network, its possible because the internet is not 100% secured, but it will take time before the big hack is made successful, and it is also said that the quantum computer is and will pose a treat to the crypto/bitcoin network. Will we say the FBI is now using it already? On the other hand, the bitcoin network has not really affected anything physically, rather making way for those with low income to have an alternate stream of income with the leisure time.
Title: Re: What happens now with this Bitcoin ?
Post by: zilzylian on July 07, 2021, 07:56:23 AM
Every coin that has reached a new ATH will definitely experience a price drop, this happens normally and Bitcoin price fluctuations happen all the time.
There is good news and negative news that can increase the price of a coin, this is normal, I think when technology adoption is ready and some countries start implementing blockchain, then Bitcoin and altcoin prices will increase, we are no longer waiting for the Halving to see new ATH . keep your crypto asset and don't sell it if you are sure about the choice.
Title: Re: What happens now with this Bitcoin ?
Post by: Dora Walletinvestor on July 07, 2021, 10:45:39 AM
Quote from: damsix on June 10, 2021, 02:37:59 AM
Nothing happens to Bitcoin because Bitcoin is always there who creates bad news and good news, so as usual Bitcoin will go up and down in price, just like what happened in the picture above if the FBI created bad news if the FBI knew exactly what it was. the name traces the Private Key.
But when it comes to Bitcoin security to solve something very difficult it takes quite a long time and that's where Bitcoin has a strong price from a security system that is difficult to hack.

Well said. The recent news have been generating a lot of FUD, but I don't think this means Bitcoin won't continue to thrive in the future.
Title: Re: What happens now with this Bitcoin ?
Post by: Giangphuong8489 on July 07, 2021, 11:08:12 AM
I have been watching the Bitcoin price for over a month, and I have not seen any clear signal for a large volatility to leave the 30K-40K zone. Currently onchain indicators show that we will soon see growth again in Bitcoin and the whole market: whales have collected a lot of BTC, many BTC left the exchange…
Title: Re: What happens now with this Bitcoin ?
Post by: mlawson71 on July 07, 2021, 01:25:59 PM
Bitcoin formed a rally for a long time, now the correction will likely last even longer. I don't expect a new rally anytime soon.
Title: Re: What happens now with this Bitcoin ?
Post by: CryptoStar19 on July 07, 2021, 02:31:20 PM
Quote from: mlawson71 on July 07, 2021, 01:25:59 PM
Bitcoin formed a rally for a long time, now the correction will likely last even longer. I don't expect a new rally anytime soon.

I am cherishing the hope that by mid-late July we might see the beginnings of a renewed rally. Of course it's all speculation on my part. We will have to wait and see.
Title: Re: What happens now with this Bitcoin ?
Post by: xeroz on July 07, 2021, 04:10:18 PM
If you are just panicking because of the FUD and also the down market, better to rearrange your plans in the crypto market. This Bitcoin price cannot rise up significantly again because this is not the right time. Although I also don't know when it will be, I am pretty sure that the end of this year will be a good point, at least at the Q4 of this year
Title: Re: What happens now with this Bitcoin ?
Post by: Suma Islam on July 07, 2021, 05:50:24 PM
At the present time, the price of Bitcoin has come down a lot. There is no point in buying Bitcoin at this time. The ideal time to buy Bitcoin is when the Bitcoin market is in good shape.Those who work with the cryptocurrency market always know when the price of bitcoin will rise. Bitcoin prices are set based on bitcoin buying and selling. When a large bitcoin buyer arrives, the price of bitcoin tends to skyrocket. This is something we've seen before when the world's richest people started doing it.
Title: Re: What happens now with this Bitcoin ?
Post by: CryptoStar19 on July 08, 2021, 08:40:33 PM
Quote from: Suma Islam on July 07, 2021, 05:50:24 PM
At the present time, the price of Bitcoin has come down a lot. There is no point in buying Bitcoin at this time. The ideal time to buy Bitcoin is when the Bitcoin market is in good shape.Those who work with the cryptocurrency market always know when the price of bitcoin will rise. Bitcoin prices are set based on bitcoin buying and selling. When a large bitcoin buyer arrives, the price of bitcoin tends to skyrocket. This is something we've seen before when the world's richest people started doing it.

This is not true. The best time to buy bitcoin is when the market sentiment is down, when prices are low, when the general feel of the market is bearish... when nobody wants to be buying. On the other hand, when everything is bullish, prices are rising rapidly, and the market sentiment is high, in other words when everyone is buying expecting prices to 'go to the moon' --that might be a good time to be selling / taking profits.

There is a bitcoin "fear and greed index" on the internet that is a measure of crypto market sentiment... historically when that index has been at "fear" or "extreme fear" --these have been the best times to buy and when that index is at "greed" or "extreme greed", those are good times to sell.

This is a general principle...
Title: Re: What happens now with this Bitcoin ?
Post by: Anonylz on July 09, 2021, 11:26:24 AM
Quote from: kent47400 on June 09, 2021, 06:23:47 AM
(https://i.imgur.com/VJBDIvH.jpg)

Check the big telegram channel that I shared, most of them also feel afraid to hold crypto and save more Fiat.
See the total marketcap at CMC getting down from +$2,000,000,000 USD to $1,484,672,123.004 USD.
Look at the Bitcoin chart with a 1D or 1W time frame, decreasing slowly.

I don't want to share FUD, but we can learn from before since 2013 for Bitcoin prices that always go down after the Bitcoin Halving and I've been keeping my FIAT since January 2021.
;D ;D ;D This means you missed out on the Bull run from then till May or so, if you have any form of doubt in Bitcoin or cryptocurrency in general you don't have to continue to be round, I guess people are free to dump their bags and leave the space.
Cryptocurrency market caps drop every now and then, especially when there's a market dip like this and that is not an indication that the crypto market is dying. Nothing wrong with saving fiat, most traders sell to Fait in a situation where it is available or stable coins sometimes too and this has been the practice for some time now, nothing harmful there. I believe you should really look at the wider crypto market and notice that Bitcoin and some other crypto are still Bullish in the wider market perspective.


Title: Re: What happens now with this Bitcoin ?
Post by: mlawson71 on July 09, 2021, 03:30:51 PM
Hahaha, that meme. It's always hilarious to see it, thank you for that.
Title: Re: What happens now with this Bitcoin ?
Post by: Phython on July 10, 2021, 08:59:03 AM
What will happen to this bitcoin now? Those who say this are blabbering on because the price of bitcoin has come down a lot lately because there are no good buyers in the market. Bitcoin prices have started to fall due to the absence of buyers.In my opinion the price of bitcoin will rise very soon.
Title: Re: What happens now with this Bitcoin ?
Post by: hasyurt on July 11, 2021, 03:41:54 PM
If you don't need money soon, it makes sense to store bitcoin for the long term. Just like the field, you have to wait for the long term. because bitcoin may eventually hit $1 million. Maybe in 5-10 years, what I said can come true. It may not make sense to invest in altcoins for a long time in crypto, but bitcoin is a long-term coin.