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Is this the end?


williamshennie9

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Posted

Heya guys :)

So all of a sudden, the price of bitcoin has dropped to $5600. The price of ETH is $175, LTC = $41, and even BCH is now only $420.

Is this a buy signal, or a sign that the crypto market is collapsing? I would love to hear what you think of this situation...

Posted

Someone already posted this just 2 minutes before. You are just copying him. And just because it drops once in a while doesn't mean it is the end. This is just a post for forum satoshi. How sad.

 image.thumb.png.32ee380c1656f3c30e53a27ab9650b29.png

Posted
1 minute ago, djafar1 said:

Someone already posted this just 2 minutes before. You are just copying him. And just because it drops once in a while doesn't mean it is the end. This is just a post for forum satoshi. How sad.

 image.thumb.png.32ee380c1656f3c30e53a27ab9650b29.png

The other post was not there when I created this one. If you used your eyes, you would see that they were created within the same minute.

Posted

Yeah, I just made out the same topic the same time with you 😀. Initially I thought this was bad over-reaction to BCH hard fork. But I doubt one coin could move the whole market so strongly. Technically this is the picture of classic down-trend developing further. I wouldn't buy while the price is falling, safer to get in when markets reverse uptrend. But will they? I don't think this will happen in the near future.

Posted
4 minutes ago, Xantys said:

Yeah, I just made out the same topic the same time with you 😀. Initially I thought this was bad over-reaction to BCH hard fork. But I doubt one coin could move the whole market so strongly. Technically this is the picture of classic down-trend developing further. I wouldn't buy while the price is falling, safer to get in when markets reverse uptrend. But will they? I don't think this will happen in the near future.

It could possibly have something to do with the bch hard fork happening tomorrow, but so far I have not found any reliably news article explaining what has happened. All the cryptos seem to be down by quite a lot, not only bitcoin :(

Posted
28 minutes ago, williamshennie9 said:

The other post was not there when I created this one. If you used your eyes, you would see that they were created within the same minute.

Maybe you guys were copying from your minds haha 😂

Posted

Is it the end for Bitcoin, of course not, though it does obviously suck if you are hoping for a stable or increasing price.

I do hope it's the end for major league ass and Satoshi poser Craig Wright who I blame for this whole mess due to the Bitcoin Cash fork.

  • Administrator
Posted

I'm not giving any investing or financial advise when I say this but I've seen "the end of crypto" countless times and it's still here.

Posted

Dude...  lol.. not even close! This is just a swing in the market right now. Small things, like china saying to the media that they would like to ban cryptocurrency's and things like this nature, change the fluxuation of the market for a moment. You should know tho, that this is not a stock or commodity.. but a revolution. Crypto's are not an investment (Tho you can) but the future of the way the world will spend money. It's the safe and secure answer to all the credit card fraud online, it's the way everyone globally, can exchange within the same table, and it gives people complete anonymity, so they are not vulnerable to any kind of malicious activity against them. Do not be fooled by this little drop... you can expect it will be on the rise again very soon, and possibly much higher than what it has been the past few months. Even the people that know of cryptos, and dabble in them, do not quite understand what they really mean for the future. I would almost be willing to bet alot of times these are actually strategically planned out, by doing so, they can change the way the market curves... thus... getting it to drop, buying big, and then cashing out once it raises back up. 

  • Moderator
Posted

You can buy some btc for now, it was a great slops for today. 

But I don't guaranteed of the rising soon, maybe in another months or weeks.

Posted

Hi! of course not it's the end of bitcoin or crypto on the whole! no I think it's a good move prepared by the buyer/seller to make a profit because it was stagnating so they make less profit! ideally they won't buy anything for 2 or 3 days maybe a little more and its down and after buying back the direct options and putting it back together!
I didn't ask around! I made a topic about it earlier to see if anyone had any idea who it was!
Have a good day, everyone! Bye👍

Posted

Topics with titles like trash newspapers plopping up like crazy recently..*coughs*

its not the end. Possible explanation is that Christmas and Black Friday are knocking at our doors and that some people sell their Bitcoins. With that come people who start to sell in fear of losing money.

Kind of a deep breath for a busy end of the year imo. Just wait for it.

When a crypto dies, the drop would be bigger.

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